June 15th, 2026 – TheNewswire - Muskoka Ontario – Steadright Critical Minerals Inc. (CSE: SCM) (“Steadright” or the “Company”), is pleased to update shareholders on the historic polymetallic Copper-Zinc-Lead-Silver-Gold Mine, known as the Goundafa Mine, which has a fully permitted Mining License. Steadright holds a Binding MOU on the site with $7.5 million USD remaining to purchase the shares of Ste Commerciale et Minière du Sahara(CMS) over the next 2.5 years. Steadright can accelerate payments through cash or common shares.
In April 2026 Steadright engaged Axiom Exploration Group Ltd. (“Axiom”), a global leader in integrated geoscience solutions, to support the rapid advancement of its diversified portfolio of high-potential critical mineral projects in Morocco. Axiom have recently been on site at the Goundafa Historic Minesite, after an unusual harsh winter.
Axiom has compiled and created a database of information from the Goundafa and was on site in May 2026 to geo-locate tailing piles as part of a contract signed for the sale of historic ‘Mineralized Stockpile’ with MoResCo Sarl for purchase of up to 14,400 metric tons. (See Press Release Dated: December 16th, 2025.) Samples were taken from shallow pits or sorted Mineralized piles. Photos were taken of each site, and samples and observations were recorded into the ESRI FieldMaps app (See Field Map May 2026 below). Samples were then sealed in bags along with a sample tag, and were in the custody of the authors through to delivery to Afrilab in Marrackech. Morocco.
Geochemical Analyses
All samples were prepared and analysed by African Laboratory for Mining and Environment (AfriLab), an ISO 9001-certified laboratory (Certificate No. MA20/819942595). Samples were crushed and pulverised to a nominal 85% passing 75 microns using standard mechanical preparation procedures (PRE.MO/ANA/015). Gold was analysed by Fire Assay with Atomic Absorption Spectrometry finish (FA-AAS) on a 50-gram charge (PRE.MO/ANA/001). Multi-element geochemistry was determined by Inductively Coupled Plasma (ICP) spectrometry following four-acid (HF-HNO₃-HClO₄-HCl) near-total digestion (PRE.MO/ANA/036). Follow-up on sampling to be reported.
Discussion
The site visit has helped a great deal to better understand the property for Axiom, with respect to the available reports. The state of the digital database continues to improve, even after the site visit, with additional digitisation of historical samples helping to visualise previous work and potential across the entire site.
Field Map Mineralized Tailing Piles Sampled at the Goundafa Mine Site May 2026
Sample Site 1, May 2026 picture
Goundafa Mine Site (Press Release Dated: December 16th, 2025)
“The Goundafa Mine was developed and mined by La Société des Mines de Goundafa (SMG) from the 1926 until 1956.Operations ceased due to political changes following Moroccan independence. A number of historical professional reports are available on the Goundafa Property. In 1928, two thousand tons with an average grade of 22.13% Zinc and 11.31% Lead were produced. In the 1985 report, "Rapport sur les travaux souterrains et la cartographieminiere de la concession de Goundafa” from the Bureau de Rescherches et de Participations Minières (BRPM), Morocco’s former national mining agency, now ONHYM, indicated Silver (Ag) grades of up to 400g/t from concentrate. As mining pursued deeper, increasing chalcopyrite and Gold (Au) content were observed. In total, historical production of 320k tons of material was reportedly extracted until 1956.
A 2022 geological report (non-NI 43-101 compliant), “Rapport Technique et Financier sur la Concession Minière de Goundafa – Commune d’Ijoukak, Province d’El Haouz, Maroc”, authored by Omar Guillou and prepared for CMS, the concession holder identified 6.62 Mt located above -300L and adjacent to old workings, but excludes exploration potential that is open along the strike and down dip of -300 L. The 2022 CMS report states: The historic “estimate is limited to the 600 vertical meters through accessible workings; are within a vertical interval of approximately 600 meters, between the surface and the deepest accessible workings”. However, the non-compliant tonnage estimate does not include “deeper speculative extensions”, and that “it could extend an additional 800 meters vertically, reaching depths of 1,400 meters below surface”. In addition, “the lateral extensions of Veins IV, V and Vi have been identified at surface through trenching and geological surveys. These extensions show structural continuity with the veins exploited at depth, but their potential remains to be confirmed by drilling. They are NOT INCLUDED in the main volumetric estimate of 6,620,000 Mt,although the project warrants drill testing to evaluate geological continuity and to collect data for potential future resource estimation.Existing adits, including mine workings, are available at the historic operations allowing easy access to the former mine.
The Goundafa Project is an early-stage polymetallic exploration project located in Morocco’s High Atlas Mountains — a region with a long mining history and favorable geology. The project is centered on a series of steeply dipping mineralized veins containing Lead, Zinc, Copper, Gold and Silver. These veins are exposed at surface and have seen limited artisanal mining since the French left, providing a strong foundation for modern exploration.
While the 2022 report for the CMS estimate does not meet the requirements of NI 43-101 and is not a formal mineral resource, it reflects the potential scale of the system with the convergence of multiple mineralized veins
Figure 11: Schematic of the Exploitation of the
Goundafa Deposit (Scale 1:2000)
The 2022 technical report was compiled and authored by Mr. Omar Guillou, who led the integration of historical data, field observations, and sampling results into a cohesive evaluation of the concession’s potential. Dr. Abdelaziz El Hadi, a senior structural geologist and academic researcher with over three decades of experience in Moroccan mineral systems, contributed to the geological interpretation and structural modeling. His work focused on vein geometry, structural stacking, and volumetric projections that informed the historical estimate. See Table 1 (Tableau 3) Historical Estimation of Insitu Tonnage by Vein (title modified) from the 2022 report and Table 2: Reconstructed Tons and Grade by Vein.
Follow up work on the Goundafa will continue as Steadright is committed to ensuring that a proper exploration is competed at the Goundafa Mine Site and looks forward to sharing further information as it pertains to the Mine Site and its potential.”
Steadright CEO, Matt Lewis, states, “The Moroccan teams are pressing hard to fulfill Steadright’s potential. I am very happy about the progress on the Goundafa, especially as it relates to the historic stockpiles we are contracted to sell.
We are looking over Axiom’s work at the Goundafa and will report back to the market shortly.
Morocco is an incredible country and we are very grateful for the opportunities afforded us by them.”
ABOUT STEADRIGHT CRITICAL MINERALS INC.
Steadright Critical Minerals Inc. is a mineral exploration company established in 2019. Steadright has been focused in 2025 on finding exploration and historical mining projects that can be brought into production within the Moroccan critical mineral space. Steadright currently has exposure through a Moroccan entity known as NSM Capital Sarl, with over 192 sq KMs of mineral exploration claims called the TitanBeach Titanium Project, along with the Copper Valey Project. Steadright has also has a binding MOU for the historic Goundafa Mine within the Kingdom of Morocco.
Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors which may cause the actual results, level of activity, performance or achievements of Steadright to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: there is no certainty that the ongoing programs will result in significant or successful exploration and development of Steadright’s properties; uncertainty as to the actual results of exploration and development or operational activities; uncertainty as to the availability and terms of future financing on acceptable terms; uncertainty as to timely availability of permits and other governmental approvals; general business, economic, competitive, political and social uncertainties; capital market conditions and market prices for securities, junior market securities and mining exploration company securities; commodity prices; the actual results of current exploration and development or operational activities; competition; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation or income tax legislation, affecting Steadright; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from such registration is available.
PONTIAC, Mich. & NEW YORK--(BUSINESS WIRE)-- #UWMC--UWM Holdings Corporation (“UWMC” or the “Company”) (NYSE: UWMC), today responded to the letter from Two Harbors Investment Corp. (“Two Harbors” or “TWO”) (NYSE: TWO) to its stockholders mischaracterizing discussions between UWMC and TWO that have taken place over the last week, following TWO's decision to adjourn the special meeting to vote on TWO's proposed merger with CrossCountry Mortgage, LLC ("CrossCountry" or "CCM") for a third time. The TWO Boa.
Markel International, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of Alisha Everett as Assistant Vice President, Contractors, Trades and Construction Services, and Nicholas Doy as Manager within the CTCS team, effective immediately.
In this role, Everett will lead Markel’s CTCS strategy across Canada, overseeing underwriting execution and driving profitable growth within the Contractors and Trades segment. She will work closely with national underwriting and distribution teams to strengthen market engagement, refine risk appetite, and enhance Markel’s value proposition for brokers and clients.
Everett brings deep expertise in construction and casualty underwriting, with a proven ability to build profitable, sustainable portfolios. She will be instrumental in aligning product strategy with broker and field execution as Markel continues to expand in this space.
Doy joins the CTCS team as Manager, supporting underwriting performance, portfolio development, and broker engagement across key regions in Canada. His appointment strengthens Markel’s ability to deliver responsive, specialist underwriting solutions tailored to the evolving needs of contractors and trades clients.
These hires reflect Markel Canada's continued investment in its Contractors and Trades capabilities, with a focus on disciplined underwriting, strategic growth, and strengthening broker relationships across the Canadian construction market.
“We’re thrilled to welcome Alisha and Nicholas to the team at a pivotal point in the expansion of our CTCS offering,” says Andrew Poulton, Vice President, Sectors at Markel Canada. “Their combined experience and market insights will be instrumental in strengthening our underwriting capabilities and accelerating profitable growth in the Contractors and Trades sector.”
Everett and Doy will be based in Markel’s Toronto office.
About Markel
We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260615946257/en/
TORONTO--(BUSINESS WIRE)--Markel International, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced the appointment of Alisha Everett as Assistant Vice President, Contractors, Trades and Construction Services, and Nicholas Doy as Manager within the CTCS team, effective immediately. In this role, Everett will lead Markel's CTCS strategy across Canada, overseeing underwriting execution and driving profitable growth within the Contractors and Trades segment. She will wor.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation, the parent company of Bryn Mawr Trust Advisors, today announced key leadership promotions and appointments. These strategic changes reinforce the firm’s commitment to serving clients across the region with deep expertise, strong local relationships, and comprehensive advice.
Brandon McFadden has been promoted to Managing Director, where he will lead Bryn Mawr Trust Advisors’ advisory services. In this role, McFadden will continue to drive the firm’s client-focused wealth management strategy while supporting growth and collaboration across the market.
Andrew Davis has been named Head of Investment Strategy. In this role, Davis, formerly Director of Macroeconomic Research, will lead the development of U.S. macroeconomic and market analysis to inform investment decision-making and serve as the primary spokesperson for the Chief Investment Office on overall investment strategy.
David Navarro has been promoted to Wealth Director. Navarro is responsible for leading the Philadelphia market, where he oversees a collaborative team of advisors and client support teams delivering comprehensive solutions to clients throughout the region.
Michael Paregian has been named Wealth Director for Bryn Mawr Trust Advisors’ Delaware markets. Paregian has served the organization for nine years as Senior Financial Advisor and will now lead the advisory and client support teams in Delaware.
“Andrew, Brandon, David, and Michael are proven leaders who bring deep expertise, sound judgement, and a strong commitment to the clients and communities we serve,” said Jamie Hopkins, Chief Wealth Officer, WSFS and Bryn Mawr Trust. “These appointments reflect the strength of our team and our continued focus on delivering thoughtful advice, strong local leadership, and an exceptional client experience across the region.”
About WSFS Financial Corporation
WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. As of March 31, 2026, WSFS Financial Corporation had $22.1 billion in assets on its balance sheet and $97.6 billion in assets under management and administration. WSFS operates from 114 offices, 87 of which are banking offices, located in Pennsylvania (58), Delaware (38), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management, and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Trust Advisors, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, WSFS Wealth® Management, LLC, WSFS Institutional Services®, and WSFS Mortgage®. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.
Bryn Mawr Trust Advisors, LLC. is an SEC registered investment adviser and a subsidiary of WSFS Financial Corporation. Registration as an investment adviser does not imply a certain level of skill or training.
INVESTMENTS: NOT A DEPOSIT. NOT FDIC - INSURED. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THE BANK. MAY GO DOWN IN VALUE.
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Ameris Bancorp (ABCB - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Ameris Bancorp is one of 831 individual stocks in the Finance sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Ameris Bancorp is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ABCB's full-year earnings has moved 3.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ABCB has returned 19.8% so far this year. At the same time, Finance stocks have gained an average of 3%. This shows that Ameris Bancorp is outperforming its peers so far this year.
One other Finance stock that has outperformed the sector so far this year is Citigroup (C - Free Report) . The stock is up 19.8% year-to-date.
The consensus estimate for Citigroup's current year EPS has increased 4.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Ameris Bancorp is a member of the Banks - Southeast industry, which includes 53 individual companies and currently sits at #108 in the Zacks Industry Rank. On average, this group has gained an average of 9.8% so far this year, meaning that ABCB is performing better in terms of year-to-date returns.
Citigroup, however, belongs to the Financial - Investment Bank industry. Currently, this 20-stock industry is ranked #88. The industry has moved +4.7% so far this year.
Going forward, investors interested in Finance stocks should continue to pay close attention to Ameris Bancorp and Citigroup as they could maintain their solid performance.
HOBOKEN, N.J.--(BUSINESS WIRE)--Wiley (NYSE: WLY) and IQVIA (NYSE: IQV) today released Scientific Discovery & AI: The Science-to-Patient Journey, a cross-sector intelligence report drawing on candid dialogue among more than 25 senior leaders from pharma R&D, academic medicine, health systems, AI and technology, publishing and learned societies. The report summarizes insights from The Summit — an invitation-only, two-day working session co-hosted by Wiley and IQVIA in May 2026. The sessi.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: IQVIA Holdings (IQV - Free Report) Headquartered in Durham, NC., IQVIA Holdings Inc. provides advanced analytics, technology solutions and contract research services to the life sciences industry. The company was formed through the merger of IMS Health (RX) and Quintiles. The company is focused on helping healthcare clients to better serve patients by bringing in updated and innovative ideas in the process of clinical development and commercialization, speeding innovation and accelerating improvements. IQVIA Holdings operates in more than 100 countries, with around 88,000 employees.
IQV is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Medical stock. IQV has a Momentum Style Score of B, and shares are up 7.3% over the past four weeks.
Eight analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.09 to $12.80 per share. IQV boasts an average earnings surprise of +1.6%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, IQV should be on investors' short list.
Lennar Corp (NYSE:LEN) posted mixed second-quarter results, after the closing bell on Thursday.
Lennar reported quarterly adjusted earnings of $1.31 per share, which beat the Street consensus estimate of $1.25, according to Benzinga Pro data. Quarterly revenue came in at $7.94 billion, missing the analyst estimate of $8.02 billion.
"Our second quarter of fiscal year 2026 was defined by the same stubborn headwinds that have challenged the housing market for the past several years — persistently elevated mortgage rates, constrained affordability, and cautious consumer sentiment, exacerbated by geopolitical uncertainty, creating a resurgent inflation reading of 4.2% driven by higher energy prices," said Stuart Miller, CEO of Lennar.
Lennar shares rose 1.5% to trade at $91.63 on Monday.
These analysts made changes to their price targets on Lennar following earnings announcement.
Evercore ISI Group analyst Stephen Kim maintained Lennar with an Underperform rating and raised the price target from $82 to $87. Wells Fargo analyst Sam Reid maintained the stock with an Equal-Weight rating and lowered the price target from $90 to $85. Barclays analyst Matthew Bouley maintained the stock with an Underweight rating and lowered the price target from $80 to $79. Considering buying LEN stock? Here’s what analysts think:
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AppLovin (APP - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this mobile app technology company have returned -0.8%, compared to the Zacks S&P 500 composite's +0.5% change. During this period, the Zacks Technology Services industry, which AppLovin falls in, has lost 0.7%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, AppLovin is expected to post earnings of $3.70 per share, indicating a change of +63.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of $15.86 for the current fiscal year indicates a year-over-year change of +58%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $21 indicates a change of +32.4% from what AppLovin is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, AppLovin is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For AppLovin, the consensus sales estimate for the current quarter of $1.94 billion indicates a year-over-year change of +54.1%. For the current and next fiscal years, $8.26 billion and $10.69 billion estimates indicate +42.3% and +29.4% changes, respectively.
Last Reported Results and Surprise HistoryAppLovin reported revenues of $1.84 billion in the last reported quarter, representing a year-over-year change of +24.2%. EPS of $3.56 for the same period compares with $1.67 a year ago.
Compared to the Zacks Consensus Estimate of $1.77 billion, the reported revenues represent a surprise of +3.86%. The EPS surprise was +4.71%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
AppLovin is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about AppLovin. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Tyler Herriage suggests going long on stocks after the U.S. and Iran announced plans to sign a memorandum of understanding this week. He expects 10-year yields to fall below 4% on expectations that inflation will move "much lower" and sees an interest rate cut from the Fed before the end of the year.
Airline shares rallied on Monday after the United States and Iran reached a preliminary peace deal and agreed to reopen the Strait of Hormuz, a key route for global oil shipments.
Shares of United Airlines UAL , Delta Air Lines DAL and Southwest Airlines LUV were each up about 4% before the open as investors priced in the prospect of lower fuel costs.
The move did not stop with carriers. Cruise operators Royal Caribbean (RCL), Carnival (CCL) and Norwegian Cruise Line (NCLH) were also higher, while gold miner Newmont (NEM) advanced as gold prices climbed nearly 3% early in the session.
Other parts of the market also benefited from the shift in sentiment. Micron Technology (MU), Super Micro Computer (SMCI) and Western Digital (WDC) outperformed airlines in premarket trade as investors rotated into more economically sensitive names, while oil prices fell about 5% on hopes the agreement could reduce disruption risk through the strait.
Energy and defense names lagged as the deal eased some geopolitical stress, though analysts said it could take time for shipping and fuel markets to normalize.
Super Micro shares are surging. What’s the outlook for SMCI shares? The Offering ClosesWhy It Raised the MoneyThe purpose of the raise is straightforward — Supermicro said it received approximately $39 billion in AI server orders from more than 20 customers in recent weeks, but had only $1.3 billion in cash as of March 31, nowhere near enough to fund that level of production. The bull case is that the financing is a sign of demand, not distress — the company needs capital to buy components for a much larger order opportunity.
Super Micro Shares GainSMCI Price Action: At the time of publication, Super Micro shares are trading 4.22% higher at $31.74, according to data from Benzinga Pro.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Super Micro Computer (SMCI - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this server technology company have returned -1.9% over the past month versus the Zacks S&P 500 composite's +0.5% change. The Zacks Computer- Storage Devices industry, to which Super Micro belongs, has gained 25.9% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Super Micro is expected to post earnings of $0.70 per share, indicating a change of +70.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $2.56 points to a change of +24.3% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $3.15 indicates a change of +22.9% from what Super Micro is expected to report a year ago. Over the past month, the estimate has remained unchanged.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Super Micro.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Super Micro, the consensus sales estimate for the current quarter of $11.71 billion indicates a year-over-year change of +103.5%. For the current and next fiscal years, $39.67 billion and $51.34 billion estimates indicate +80.5% and +29.4% changes, respectively.
Last Reported Results and Surprise HistorySuper Micro reported revenues of $10.24 billion in the last reported quarter, representing a year-over-year change of +122.7%. EPS of $0.84 for the same period compares with $0.31 a year ago.
Compared to the Zacks Consensus Estimate of $12.36 billion, the reported revenues represent a surprise of -17.14%. The EPS surprise was +33.33%.
Over the last four quarters, Super Micro surpassed consensus EPS estimates three times. The company topped consensus revenue estimates just once over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Super Micro is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Super Micro. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Super Micro Computer has issued the 7.0% Series A Mandatory Convertible Preferred Stock, offering a hybrid of fixed-income and equity exposure. SMCIP offers a 7.00% cumulative annual dividend, mandatory conversion in 2029, and is highly correlated with SMCI's volatile common stock. SMCIP's value is tightly linked to SMCI's high implied volatility, with embedded options currently less attractive due to a 90% IV versus a historical 70%.
From a technical perspective, Polaris Inc. (PII - Free Report) is looking like an interesting pick, as it just reached a key level of support. PII's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being the 50-day and the 200-day, since bigger time periods tend to form stronger breakouts.
Golden crosses have three key stages that investors look out for. It starts with a downtrend in a stock's price that eventually bottoms out, followed by the stock's shorter moving average crossing over its longer moving average and triggering a trend reversal. The final stage is when a stock continues the upward climb to higher prices.
A golden cross contrasts with a death cross, another widely-followed chart pattern that suggests bearish momentum could be on the horizon.
Shares of PII have been moving higher over the past four weeks, up 9.7%. Plus, the company is currently a #3 (Hold) on the Zacks Rank, suggesting that PII could be poised for a breakout.
The bullish case only gets stronger once investors take into account PII's positive earnings outlook for the current quarter. There have been 4 upward revisions compared to none lower over the past 60 days, and the Zacks Consensus Estimate has moved up as well.
Investors may want to watch PII for more gains in the near future given the company's key technical level and positive earnings estimate revisions.
A view of the U.S. Supreme Court building in Washington, D.C., U.S., June 8, 2026. REUTERS/Jonathan Ernst Purchase Licensing Rights, opens new tab
SummaryCompaniesMacy's fired workers in California and Nevada after strikeNLRB deemed firings unlawful, ordered monetary compensationMacy's sued, calling agency's order unconstitutionalJune 15 (Reuters) - The U.S. Supreme Court declined on Monday to hear a challenge by Macy's (M.N), opens new tab to a National Labor Relations Board decision requiring the retailer to compensate employees who the company fired in a case in which the company sought to roll back the agency's power to order such action.
Macy's had appealed, opens new tab a lower court's decision upholding the labor board's action. Macy's had asked the justices to resolve a split among federal appeals courts over the NLRB's authority to require that companies found to have illegally fired employees make those workers whole for any related financial losses.
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The NLRB is facing dozens of cases across the United States challenging its structure and in-house enforcement proceedings, as well as the agency's longstanding protections against presidential interference in its decisions.
The NLRB in 2023, during Democratic President Joe Biden's administration, decided that Macy's acted unlawfully when it locked out and fired about 60 unionized building engineers in Nevada and California after they ended a strike over stalled contract negotiations. It also required Macy's to post notices informing workers of their rights.
The board ordered Macy's to reimburse the workers for any monetary harms caused when they were fired, and said it would determine at a later time whether any further remedies were appropriate.
The NLRB in a 2022 decision involving Thryv, a small business marketing software company, said it would begin ordering employers to reimburse workers for "direct and foreseeable" financial losses stemming from a company's illegal conduct, such as credit card fees or out-of-pocket medical expenses.
Previously, the only money remedies the board ordered in cases involving unlawful labor practices were lost pay and benefits. But in the Thryv case, a Democratic board majority said that practice had for decades been shortchanging workers whose lives can be upended if they are unlawfully disciplined or fired.
Macy's is one of dozens of businesses that have challenged the expanded remedies, claiming that they are no different than the compensatory damages typically sought in private lawsuits. Macy's said that such remedies by the NLRB violate the right spelled out in the U.S. Constitution to a jury trial, in this instance to have jurors rather than a government agency decide whether they owe damages.
After Macy's challenged the NLRB's action, the San Francisco-based 9th U.S. Circuit Court of Appeals decided that the agency has discretion to award remedies that vindicate the public interest by restoring the status quo that existed before an employer broke the law.
Three other federal appeals courts have disagreed, ruling that Congress intentionally limited the scope of the board's authority to matters directly involving the application of federal labor law.
The U.S. Chamber of Commerce and other business lobbying groups in a brief, opens new tab sided with Macy's in urging the Supreme Court to take the case.
Republican President Donald Trump's appointees to the NLRB are expected to overturn the agency's Thryv ruling and a series of other decisions by appointees of Democratic presidents that favored workers and unions. The NLRB's policies tend to shift as presidential administrations change and new appointees from the president's party reshape its priorities.
The five-member board currently has a 2-1 Republican majority and two vacancies. Under a longstanding policy, three votes are needed to reverse existing board precedent. Trump has nominated a veteran labor lawyer, James Macy, to provide the key third vote.
Reporting by Daniel Wiessner in Albany, New York, Editing by Will Dunham and Alexia Garamfalvi
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Dan Wiessner (@danwiessner) reports on labor and employment and immigration law, including litigation and policy making. He can be reached at [email protected].
SAN JOSE, Calif.--(BUSINESS WIRE)--Bloom Energy (NYSE: BE), a global leader in power solutions, today released a mid-year update to its annual Data Center Power Report, which surveys decision-makers across the data center ecosystem. The report found that, while data center developers anticipate a prolonged period of expansion, power availability remains the defining constraint. At the same time, a broader set of barriers—including rising construction costs and growing community scrutiny—is thre.
The Official Canned Cocktail of the U.S. Open Brings Ice-Cold Drinks, Exclusive Upgrades, and Good Vibes to Shinnecock Hills June 15, 2026 09:05 ET | Source: Sun Cruiser Iced Tea & Vodka
BOSTON, June 15, 2026 (GLOBE NEWSWIRE) -- Sun Cruiser, the Official Canned Cocktail of the U.S. Open and U.S. Women's Open Presented by Ally, is bringing its knack for cruising into the 19th hole to Shinnecock Hills this June with the launch of Cruiser Caddies. Just like a great caddie knows when to hand you the right club, Cruiser Caddies know when you need your next drink.
Bringing its deliciously refreshing vodka iced teas and lemonades to the U.S. Open, Cruiser Caddies are keeping the drinks flowing and good times cruising.
All championship long, Cruiser Caddies will roam the course in custom Sun Cruiser jumpsuits alongside a retro-style Sun Cruiser beverage cart. They’ll hand out tokens for complimentary Sun Cruisers for a select number of lucky 21+ fans* – redeemable at concession stands throughout the course – while also giving away golf-viewing essentials like fans, can coolers, sunscreen, hats, and more. They'll be reading the crowd, finding the right moment, and popping up at surprise locations across the course. Think of them as your personal drinking caddie for the day!
In addition to the complimentary Sun Cruisers and swag, each day of the championship, Sun Cruiser Caddies will randomly select two lucky fans for an upgrade to The 1895 Club, the U.S. Open's premier hospitality experience at Shinnecock Hills. Located overlooking the 17th hole, the climate-controlled venue features tiered seating and a covered balcony, placing guests right at the heart of the action with white-glove service throughout the day. Guests also get exclusive access to a reserved viewing area at the driving range to watch the biggest names in golf warm up, plus a photo opportunity with the iconic U.S. Open Championship Trophy. And most importantly, the Club upgrade includes an all-inclusive hospitality package where, of course, Sun Cruisers will be flowing.
“Every golfer knows the value of a great caddie, and Cruiser Caddies are here to take care of golf fans the same way,” said Erica Taylor, senior brand director for Sun Cruiser. “Our caddies are making sure fans are prepared for every moment at Shinnecock – with drinks in hand, gear to keep things cool, and everything they need to cruise through the U.S. Open.”
Sun Cruiser, the fast-growing vodka iced tea and lemonade brand, is the perfect choice for sunny days on and off the course. With real ingredients, premium vodka, and no bubbles, Sun Cruiser is deliciously refreshing and super easy-to-drink. To find Sun Cruiser near you, visit drinksuncruiser.com and follow along on social @DrinkSunCruiser.
About Sun Cruiser Made for those who enjoy the sun on their face and hanging outdoors with friends, Sun Cruiser Iced Tea & Vodka and Sun Cruiser Lemonade & Vodka are made with real ingredients and premium vodka for a perfect choice to sip and share. At just 100 calories, 4.5% ABV per 12 oz serving, 1 gram of sugar, and no bubbles to weigh you down, Sun Cruiser has just a kiss of sweetness and tastes refreshingly smooth in a mix of delicious flavors. Sun Cruiser is the Official Ready-to-Drink Cocktail of the U.S. Open and U.S. Women's Open. For more information, follow along on social @DrinkSunCruiser and visit us at drinksuncruiser.com.
About The Boston Beer Company The Boston Beer Company, Inc. (NYSE: SAM) began in 1984 brewing Samuel Adams beer and has since grown to become one of the largest and most respected craft brewers in the United States. We consistently offer the highest-quality products to our drinkers, and we apply what we've learned from making great-tasting craft beer to making great-tasting and innovative "beyond beer" products. Boston Beer Company has pioneered not only craft beer but also hard cider, hard seltzer, and hard tea. Our core brands include household names like Angry Orchard Hard Cider, Dogfish Head, Samuel Adams, Sun Cruiser, Truly Hard Seltzer, and Twisted Tea Hard Iced Tea. For more information, please visit www.bostonbeer.com.
*In accordance with New York State law for bar spend.
SUN CRUISER LAUNCHES CRUISER CADDIES TO SURPRISE-AND-DELIGHT FANS AT THE U.S. OPEN
SUN CRUISER LAUNCHES CRUISER CADDIES TO SURPRISE-AND-DELIGHT FANS AT THE U.S. OPEN The Official Canned Cocktail of the U.S. Open Brings Ice-Cold Drinks, Exclusive Upgrades, and Good V...
Sun Cruiser Contact Data Christina Boyadjian Sun Cruiser [email protected]
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.
Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- that could keep the momentum in the stock going.
Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.
There are several stocks that passed through the screen and Helios Technologies (HLIO - Free Report) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing.
A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. HLIO is quite a good fit in this regard, gaining 34.3% over this period.
However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 9.8% over the past four weeks ensures that the trend is still in place for the stock of this maker of screw-in hydraulic cartridge valves and manifolds.
Moreover, HLIO is currently trading at 96.2% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.
Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.
So, the price trend in HLIO may not reverse anytime soon.
In addition to HLIO, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
Click here to sign up for a free trial to the Research Wizard today.
NEW YORK--(BUSINESS WIRE)---- $CELH #NASDAQ--Scott+Scott Attorneys at Law LLP has launched an urgent investigation into whether certain officers and directors of Celsius Holdings, Inc. (NASDAQ: CELH) failed to manage Celsius in an acceptable manner, breaching their fiduciary duties to Celsius, and whether Celsius and its shareholders have suffered damages as a result. Attorney Joseph A. Pettigrew is heading the investigation—what shareholders need to know: On June 4, 2026, the Office of the Texas Attorney Genera.
MINNEAPOLIS--(BUSINESS WIRE)--Jamf, the standard in managing and securing Apple at work, today released findings from a survey of 687 IT and security leaders that reveal a growing challenge for organizations adopting AI: the more deeply AI becomes embedded into daily work, the more likely organizations are to encounter cost or security issues. The survey found that 72.9% of organizations have already deployed AI in some form. But adoption isn't reducing risk. Organizations with deeply integrate.
IonQ, Inc. (IONQ - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this company have returned +11.4% over the past month versus the Zacks S&P 500 composite's +0.5% change. The Zacks Computer - Integrated Systems industry, to which IonQ belongs, has gained 21.7% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
IonQ is expected to post a loss of $0.29 per share for the current quarter, representing a year-over-year change of +58.6%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
For the current fiscal year, the consensus earnings estimate of -$1.04 points to a change of +42.9% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $0.92 indicates a change of +11.9% from what IonQ is expected to report a year ago. Over the past month, the estimate has changed +22.7%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for IonQ.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of IonQ, the consensus sales estimate of $66.36 million for the current quarter points to a year-over-year change of +220.7%. The $262.6 million and $401.88 million estimates for the current and next fiscal years indicate changes of +102% and +53%, respectively.
Last Reported Results and Surprise HistoryIonQ reported revenues of $64.67 million in the last reported quarter, representing a year-over-year change of +754.3%. EPS of -$0.38 for the same period compares with -$0.14 a year ago.
Compared to the Zacks Consensus Estimate of $49.66 million, the reported revenues represent a surprise of +30.23%. The EPS surprise was -46.15%.
Over the last four quarters, the company surpassed EPS estimates just once. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
IonQ is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about IonQ. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
IonQ stock is taking a breather. What’s ahead for IONQ stock? The latest bout of volatility traces back to a public exchange in which Shkreli accused IonQ of telling people its tech could make it "relatively trivial" to mine all remaining Bitcoin in 48 hours, calling the claim "lying." Shkreli also doubled down with "I mean, yeah, of course" when pressed on whether he still favored shorting the stock.
How Sector Trends Impact IonQ’s ValuationQuantinuum's IPO tape has become a live benchmark for IonQ because it can reset valuation yardsticks across the quantum cohort in real time. Quantinuum opened at $68 (13% above its $60 IPO price) before fading toward about $62 after hitting $71.35 intraday, a volatility profile that often leads IonQ (IONQ) to see faster repricing when sentiment cools.
High-beta tech risk appetite is also acting like a volume knob for IonQ because the stock tends to trade as a momentum vehicle when the market is chasing growth. That's why the "risk-on" bid described in risk appetite returns matters even without fresh company-specific news.
Critical Price Levels To Watch For IONQAt $60.98, IonQ is basically sitting on its 20-day SMA ($60.96), a "make-or-break" area that often decides whether a move consolidates or rolls over. The bigger-picture trend is still constructive: the stock is trading 21.3% above its 50-day SMA ($50.18) and 24.2% above its 200-day SMA ($48.99), with a golden cross that triggered in June.
Momentum looks more like a pause than a breakout right now, with RSI at 50.58 (neutral). RSI is a quick way to gauge whether buying or selling has gotten stretched; around 50 typically signals a market that's catching its breath after a directional run.
Short interest is also part of the setup: the last report showed 73.28 million shares sold short, or 20.63% of the public float, down from 83.72 million previously, with about 2.02 days to cover based on 36.25 million average daily volume. That combination can amplify moves in either direction if price starts trending away from this 20-day area.
Key Support: $52.50 — a nearby level where buyers previously stepped in, and it sits close to the 50-day EMA ($52.93) as a trend "line in the sand" How IonQ Operates in the Quantum Computing SpaceIonQ sells access to several quantum computers of various qubit capacities and is working to build systems with increasing computational capability. Most of that access is delivered through cloud platforms (and to select customers through its own cloud service), which is designed to make quantum-computing-as-a-service broadly available.
That business model makes perception and trust unusually important: when high-profile critics question what the technology can do today versus what's still years away, it can quickly spill into the stock. The company also generates revenue from QCaaS arrangements, consulting work to co-develop algorithms and contracts to design and build specialized quantum systems with related services.
IONQ Stock Price ActivityIONQ Stock Price Activity: At the time of publication, IonQ shares were trading up 7.83% at $62.38 on Monday, according to Benzinga Pro data.
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PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE: WAL) the parent company of Western Alliance Bank, announced today that Kenneth A. Vecchione, President and Chief Executive Officer, has been appointed Chairman of its Board of Directors, effective as of June 10, 2026. Mr. Vecchione succeeds Bruce Beach, who will continue to serve as a Director and return to the role of Lead Independent Director, which he held from 2010 to 2022.“Ken has led the company through a number of important.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the sale of Payoneer Global Inc. (NASDAQ: PAYO) to Nuvei for $7.40 per share in cash.Halper Sadeh encourages Payoneer shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected] investigation concerns whether Payoneer and its board of directors violated the federal.
Key Takeaways Ciena and Colt completed a quantum-safe 800GbE live data transmission between New York and London.Ciena's WaveLogic 6 Extreme secured data across 6,900 km using terrestrial and subsea networks.Ciena added 20 WL6e customers in Q2, bringing its total customer base for the platform to 110. As cyber threats evolve and quantum computing inches closer to commercial reality, telecommunications providers and enterprises are increasingly focused on securing their networks against future quantum-enabled attacks. In a breakthrough for secure global connectivity, Colt Technology Services and Ciena Corporation (CIEN - Free Report) have completed one of the fastest quantum-safe data transmission trials ever demonstrated and the fastest across a transatlantic route.
The trial successfully transmitted live data across approximately 6,900 kms between New York and London using Colt's extensive terrestrial and subsea network infrastructure. The transmission was secured using Ciena's WaveLogic 6 Extreme (WL6e) encryption technology and delivered an impressive 800 Gigabit Ethernet (800GbE) service rate. This accomplishment is noteworthy because 800GbE services remain in the early stages of adoption. Most long-haul and subsea network deployments today operate at 100GbE or 400GbE speeds.
Demonstrating secure 800GbE connectivity across one of the world's busiest intercontinental routes represents a major advancement in both networking performance and cybersecurity. At this speed, organizations can move massive volumes of data including AI workloads, cloud datasets and data-center-scale information across the Atlantic in seconds while maintaining robust protection against emerging threats.
Image Source: Zacks Investment Research
The successful demonstration relied on Ciena's WLe6 platform, which incorporates advanced post-quantum cryptography capabilities. WL6e deployments continue to ramp on AI-driven network buildouts, with 20 new customers added during the fiscal second quarter, bringing the total customer base to 110. In May, Matrix Networks and NAP Info deployed Ciena’s GeoMesh Extreme with WL6e technology on the Batam–Jakarta segment of the Matrix Cable System, enabling 1 Tb/s transmission over 1,055 kilometers and making them among the first Southeast Asian operators to commercially deploy this next-generation optical technology.
The rise of quantum-safe networking is expected to drive demand from telecom operators, cloud providers, governments, defense agencies, financial institutions and healthcare organizations. By commercializing the capabilities demonstrated in the Colt trial, Ciena could unlock new revenue opportunities in security-focused network upgrades.
Can CIEN Stay Ahead of Market Rivals?Cisco Systems’ (CSCO - Free Report) partner base supports expansion in AI infrastructure and security. It is working with NVIDIA on Cisco Secure AI Factory with NVIDIA, founded on the NVIDIA Spectrum-X Ethernet networking platform, and is including Cisco AI Defense and Cisco Hypershield in validated designs for enterprise AI factories. Cisco also offers NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs with Cisco UCS C845A M8 servers, broadening its compute attach opportunities. Beyond NVIDIA, Cisco has been selected as a technology partner to HUMAIN, a new AI company in Saudi Arabia, alongside partners such as BlackRock Global Infrastructure Partners, MGX, Microsoft, NVIDIA and xAI.
Arista Networks (ANET - Free Report) continues to benefit from its software-driven, data-centric approach that helps customers build scalable cloud infrastructure. The company stated during the first-quarter 2026 earnings call that it now commands the leading market share position in high-speed switching above 10-gigabit Ethernet. Arista is seeing continued demand for 200-gig, 400-gig and 800-gig switching products as enterprises and hyperscale customers upgrade AI and cloud infrastructure. Management highlighted more than 100 cumulative customers in 800-gigabit Ethernet deployments and expects 1.6-terabit production deployments beginning in 2027. It offers a broad portfolio of data center and campus Ethernet switches and routers spanning 1/2.5/5/10/25/40/50/100/400 and emerging 800-gig platforms.
CIEN Price Performance, Valuation and EstimatesShares of CIEN have gained a whopping 504.6% in the past year compared with the Communications - Components industry’s surge of 328.8%.
Image Source: Zacks Investment Research
Valuation-wise, CIEN seems attractive, as suggested by the Value Score of B. CIEN trades at a forward 12-month price-to-earnings (P/E) ratio of 60.98, above the industry’s 49.15.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for CIEN’s earnings for fiscal 2026 has been revised upward over the past 60 days.
Image Source: Zacks Investment Research
CIEN currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
MONTRÉAL--(BUSINESS WIRE)--Alcon announces the launch and Canadian availability of UNITY® Cataract System (CS), Alcon's next-generation standalone cataract surgical platform.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Five Below (FIVE - Free Report) Five Below, Inc. is a Pennsylvania-based specialty value retailer offering trend-right merchandise priced mostly at $5 and below, with a select range priced above $5. The chain targets pre-teens, teens and value-focused families with an edited assortment that includes certain brands and licensed merchandise.
FIVE is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. FIVE has a Growth Style Score of A, forecasting year-over-year earnings growth of 30.4% for the current fiscal year.
Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.65 to $8.70 per share. FIVE also boasts an average earnings surprise of +70.1%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, FIVE should be on investors' short list.
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) announced the ratification of a new labor agreement with the United Steelworkers (USW) at the Company's U.S. smelters following a vote by union membership. The agreement was ratified by a wide margin and covers approximately 965 employees at Warrick Operations in Indiana and Massena Operations in New York.
The agreement is effective from May 16, 2026, through May 15, 2030.
We are pleased to have reached this outcome and appreciate the efforts of everyone involved in the negotiation and ratification process and remain focused on maintaining safe and reliable operations while serving our customers and communities.
About Alcoa Corporation
Alcoa (NYSE: AA, ASX: AAI) is a global industry leader in alumina and aluminum products with a Vision to build a legacy of excellence for future generations. With a values-based approach that encompasses integrity, operating with excellence, care for people and lead with courage, our Purpose is to Turn Raw Potential into Real Progress. Since developing the process that made aluminum an affordable and vital part of modern life, our talented Alcoans have developed breakthrough innovations and best practices that have led to greater safety, efficiency, sustainability and stronger communities wherever we operate.
Dissemination of Company Information
Alcoa intends to make future announcements regarding company developments and financial performance through its website, www.alcoa.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, media broadcasts, and webcasts. Alcoa does not incorporate the information contained on, or accessible through, its corporate website or such other websites or platforms referenced herein into this press release.
The near-term outlook for companies under the Zacks Computer-Peripheral Equipment industry is likely to be negatively impacted by growing economic slowdown concerns amid ongoing macroeconomic uncertainties and geopolitical tensions. Protracted inflationary conditions and still-high interest rates have induced sluggishness in IT spending, affecting the demand for computer peripherals. The U.S. government’s tariff policies and ongoing war in the Middle East have raised costs for both suppliers and end-users, negatively impacting overall demand. The International Data Corporation’s (“IDC”) latest forecast of a decline in PC shipments in 2026 may negatively affect the industry’s growth momentum, as PCs are the main sales booster for computer peripheral products.
Nonetheless, Logitech International S.A. (LOGI - Free Report) , Turtle Beach Corporation (TBCH - Free Report) , Immersion Corporation (IMMR - Free Report) and TransAct Technologies Incorporated (TACT - Free Report) are well-poised to benefit from the growing demand for professional gaming accessories, touchscreen, wireless devices, audio products and smart glasses. The growing adoption of RFID (Radio Frequency Identification) technology due to its ability to automate tracking, boost operational efficiency and enhance customer experiences across industries like retail, healthcare and logistics is also aiding the growth of companies in the computer peripheral industry.
Industry Description The Zacks Computer-Peripheral Equipment industry comprises companies that offer computer input, output and storage devices. These include keyboards, mice, LCD panels, smart glass, analog-to-digital imaging solutions, touch sensors, 3D printers & additive manufacturing and transaction-based printer products, among others. Video gaming accessories, including gaming mice, wired gaming headsets, in-ear gaming headphones and controllers for Xbox One and PlayStation, are offered by these companies. The highly competitive nature of the industry is encouraging participants to develop innovative and relevant products that meet the current demand trend. This is strengthening their product portfolios.
Trends Shaping the Future of the Industry Shift in Consumer Preference, a Key Catalyst: The gradual shift in consumer preference from mobile gaming to a more professional gaming experience is a major growth driver. The launch of advanced gaming devices and the rising popularity of e-sports leagues are expected to boost prospects. E-sports is also likely to continue aiding the total addressable market in the gaming peripheral industry. The 3D printing market presents a favorable long-term investment opportunity as a large number of engineers, designers, architects and entrepreneurs are resorting to 3D solutions for primary designing and product modeling. The increasing adoption of advanced 3D technologies across various industries, including medical, aerospace and automotive, is a significant driving force for this industry.
Expanding Global Footprint: The expansion of the total addressable market bodes well for the industry participants. As per a report by The Business Research Company, the global computer peripherals equipment market size is projected to reach $189.54 billion by 2030 from $162.9 billion in 2025, indicating a CAGR of 3.2% during the period. Deepening penetration into price-sensitive regions, such as the Asia Pacific and the Middle East & Africa, through low-cost, high-quality products aids growth prospects.
PC Shipment Decline to Hurt Computer Peripheral Demand: The latest forecast of a decline in PC shipments in 2026 by IDC does not bode well for the computer peripheral equipment industry’s growth prospects in the near term. IDC projects that PC shipments in 2026 will plunge 11.3%, mainly due to supply shortages of key memory components. The main reason behind memory supply shortages is the explosive growth of artificial intelligence (AI). A decline in PC sales may negatively impact the industry’s growth momentum, as PCs are the main sales booster for computer peripheral products.
Macroeconomic Headwinds May Impact IT Spending: High interest rates and prolonged inflationary conditions are affecting consumer spending. On the other hand, enterprises are postponing their large IT spending plans due to a weakening global economy amid ongoing macroeconomic and geopolitical issues. The U.S. government’s tariff policies on imports could raise costs for both suppliers and end-users. The ongoing war in the Middle East region could trigger an economic slowdown globally. This does not bode well for the prospects of the computer peripheral equipment market in the near term.
Elevated Operating Expenses to Hurt Profitability: To survive in the highly competitive computer peripheral market, each player is aggressively investing in research and development to enhance their product portfolios and broaden their capabilities. Companies are seeking to improve their sales and marketing capabilities, particularly by expanding their sales force. Elevated operating expenses, aimed at capturing more market share, are likely to dent margins in the near term.
Zacks Industry Rank Indicates Bleak Prospects The Zacks Computer-Peripheral Equipment industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #175, which places it in the bottom 29% of nearly 250 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all member stocks, indicates dim near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry’s positioning in the bottom 50% of the Zacks-ranked industries is a result of the negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are pessimistic about this group’s earnings growth potential.
Despite the gloomy industry outlook, a few stocks are worth buying. However, before we present the top industry picks, it is worth taking a look at the industry’s shareholder returns and current valuation.
Industry Underperforms S&P 500 and Sector The Zacks Computer-Peripheral Equipment industry has underperformed the S&P 500 composite and the broader Zacks Computer and Technology sector in the trailing 12 months.
The industry has soared 20.7% during this period. The S&P 500 and the broader sector have risen 26.1% and 41.5%, respectively, over the same time frame.
One-Year Price Performance
Industry's Current Valuation Based on the forward 12-month P/S, which is a commonly used multiple for valuing computer peripheral stocks, we see that the industry is currently trading at 0.76X compared with the S&P 500’s 5.08X and the Zacks Computer and Technology sector’s 6.52X.
Over the last five years, the industry has traded as high as 4.81X, as low as 0.20X and at the median of 0.67X, as the chart below shows.
Trailing 12-Month P/S Ratio (Industry vs. S&P 500)
Trailing 12-Month P/S Ratio (Industry vs. Sector)
4 Computer Peripheral Equipment Stocks to Watch Logitech is a global leader in peripherals for personal computers and other digital platforms. The company develops and markets innovative products in PC navigation, Internet communications, digital music, home entertainment control, video security, interactive gaming and wireless devices.
Increasing hybrid work trends are likely to boost demand for Logitech’s video collaboration, keyboards & combos and pointing device tools. Thriving cloud-based video conferencing services continue to be its key catalyst. The rising adoption of new mobile platforms in both mature and emerging markets should fuel the demand for peripherals and accessories. Its partnerships with companies like Zoom Video and Microsoft are major upsides.
The Zacks Consensus Estimate for fiscal 2027 earnings has been revised upward by a penny to $5.78 per share over the past 30 days. Shares of this Zacks Rank #3 (Hold) company have gained 27.4% over the past year. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Price and Consensus: LOGI
Turtle Beach is an audio technology company. It designs audio products for consumer, commercial and healthcare markets. The company markets premium headsets for use with personal computers, mobile devices and video game consoles.
Turtle Beach is poised for a significant turnaround, transforming from a headset-focused company into a diversified gaming peripheral leader. Following the accretive PDP acquisition in 2024, TBCH boasts a stronger product portfolio. The acquisition has also helped it improve cost structures from manufacturing shifts to Vietnam, resulting in gross margin expansion.
With anticipated catalysts like the Nintendo Switch 2 and Grand Theft Auto VI driving demand, combined with 50% more product launches planned for 2026, Turtle Beach is likely to witness growth in the top and bottom lines in the upcoming quarters.
The Zacks Consensus Estimate for 2026 earnings has been revised downward by 20.2% to 71 cents per share over the past 60 days. Shares of this Zacks Rank #3 company have declined 1.1% over the past year.
Price and Consensus: TBCH
Immersion is a trailblazer in the flourishing haptic technology space, which provides tactile feedback for several industries, such as gaming, automotive and virtual reality (VR). The demand for haptic technology is growing, and IMMR’s strong intellectual property portfolio, backed by several patents, positions it well to capitalize on this growth.
Immersion’s technology is already integrated into more than three billion devices globally. Its impressive client base includes more than 150 licensed customers. This Zacks Rank #3 company’s strong market presence solidifies its position as a key player in the haptic technology space.
IMMR’s partnerships are a major factor driving its market success. Licensing agreements with Sony Group, Samsung and Meta Platforms extend Immersion’s reach into VR, gaming and mobile markets.
The Zacks Consensus Estimate for fiscal 2027 earnings has remained unchanged at 26 cents per share over the past 30 days. IMMR stock has declined 17.2% over the past 12 months.
Price and Consensus: IMMR
TransAct Technologies designs, develops, manufactures, and markets transaction-based printers and related products under the BOHA, AccuDate, Epic and Ithaca brand names. This Zacks Rank #3 company focuses on five vertical markets: point-of-sale, gaming and lottery, financial services, kiosks and the Internet.
TransAct Technologies is benefiting from the growing demand for its products and services amid accelerated digital transformation and business automation across organizations. The company's printers are trusted worldwide to provide crisp, clean transaction records from receipts, tickets and coupons, register journals and other documents.
The Zacks Consensus Estimate for the 2026 bottom line is pegged at a loss of 5 cents per share. The stock has rallied 46.9% over the past year.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is Sonic Automotive (SAH - Free Report) . SAH is currently holding a Zacks Rank #2 (Buy) and a Value grade of A.
Investors should also note that SAH holds a PEG ratio of 0.63. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. SAH's industry has an average PEG of 0.96 right now. Within the past year, SAH's PEG has been as high as 0.74 and as low as 0.44, with a median of 0.53.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. SAH has a P/S ratio of 0.18. This compares to its industry's average P/S of 0.21.
Finally, investors should note that SAH has a P/CF ratio of 8.93. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 10.63. SAH's P/CF has been as high as 10.08 and as low as 5.06, with a median of 6.80, all within the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Sonic Automotive is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, SAH feels like a great value stock at the moment.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Sonic Automotive (SAH - Free Report) Sonic Automotive is one of the leading automotive retailers in the United States. Apart from selling new and used cars and light trucks, the company offers warranties, service contracts, vehicle financing and insurance. Further, it provides maintenance and repair services, and sells replacement parts and aftermarket automotive products. Each sale of a new or used vehicle comes with financing and insurance options and helps the firm earn financing fees and insurance and other aftermarket product commissions. Each of the company’s franchised dealerships include a fully integrated service and parts department.
SAH is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. SAH has a Growth Style Score of B, forecasting year-over-year earnings growth of 4.9% for the current fiscal year.
For fiscal 2026, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.38 to $6.92 per share. SAH boasts an average earnings surprise of +5.5%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, SAH should be on investors' short list.
WEST PALM BEACH, FL / ACCESS Newswire / June 15, 2026 / Elektros Inc. (OTC Pink:ELEK), a publicly traded company focused on electrification opportunities, today provided an update regarding its continued focus on hard rock lithium opportunities, patented electric vehicle charging technology, and strategic initiatives supporting the future of transportation, energy infrastructure, and critical minerals.
As global demand for electric vehicles, battery storage systems, and electrification technologies continues to expand, Elektros remains committed to identifying opportunities associated with lithium resources and technologies that may support long-term growth within the evolving energy marketplace.
"Our vision remains centered on the future of energy, transportation, and critical minerals," stated Shlomo Bleier, Chief Executive Officer of Elektros Inc. "We believe electrification continues to be one of the most significant global trends of our generation, creating opportunities across lithium, energy infrastructure, and advanced transportation technologies."
Lithium continues to play an essential role in modern electric vehicle batteries and energy storage systems. Bloomberg and numerous industry analysts have highlighted lithium's importance in supporting the global transition toward electric transportation and renewable energy infrastructure. Tesla CEO Elon Musk has also publicly emphasized the importance of reliable lithium supplies to support continued electric vehicle production worldwide.
The Company's patented electric vehicle charging technology, protected by U.S. Patent No. 12,522,100, relates to multi-port charging technology designed for electric vehicle charging applications and reflects Elektros' continued focus on innovation.
As part of its intellectual property strategy, Elektros has communicated with various automotive industry participants regarding its patented technology. The Company recently received correspondence from counsel representing Volkswagen Group of America acknowledging receipt of the Company's patent-related communication and indicating the matter would be reviewed internally. Such correspondence does not constitute an admission of infringement, liability, licensing, or any commercial agreement.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Actual results may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
"The pace of progress in sustainable transport and energy storage is directly tied to reliable battery materials, and lithium remains a critical component for electric vehicles worldwide." - Elon Musk, CEO of Tesla
WEST PALM BEACH, FL / ACCESS Newswire / June 15, 2026 / Elektros Inc. (OTC Markets:ELEK), a publicly traded company focused on electrification opportunities, today provided an update regarding its continued focus on hard rock lithium opportunities, patented electric vehicle charging technology, and strategic initiatives supporting the future of transportation, energy infrastructure, and critical minerals.
As global demand for electric vehicles, battery storage systems, and electrification technologies continues to expand, Elektros remains committed to identifying opportunities associated with lithium resources and technologies that may support long-term growth within the evolving energy marketplace.
"Our vision remains centered on the future of energy, transportation, and critical minerals," stated Shlomo Bleier, Chief Executive Officer of Elektros Inc. "We believe electrification continues to be one of the most significant global trends of our generation, creating opportunities across lithium, energy infrastructure, and advanced transportation technologies."
Lithium continues to play an essential role in modern electric vehicle batteries and energy storage systems. Bloomberg and numerous industry analysts have highlighted lithium's importance in supporting the global transition toward electric transportation and renewable energy infrastructure. Tesla CEO Elon Musk has also publicly emphasized the importance of reliable lithium supplies to support continued electric vehicle production worldwide.
The Company's patented electric vehicle charging technology, protected by U.S. Patent No. 12,522,100, relates to multi-port charging technology designed for electric vehicle charging applications and reflects Elektros' continued focus on innovation.
As part of its intellectual property strategy, Elektros has communicated with various automotive industry participants regarding its patented technology. The Company recently received correspondence from counsel representing Volkswagen Group of America acknowledging receipt of the Company's patent-related communication and indicating the matter would be reviewed internally. Such correspondence does not constitute an admission of infringement, liability, licensing, or any commercial agreement.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Actual results may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
"The pace of progress in sustainable transport and energy storage is directly tied to reliable battery materials, and lithium remains a critical component for electric vehicles worldwide." - Elon Musk, CEO of Tesla
WEST PALM BEACH, FL / ACCESS Newswire / June 15, 2026 / Elektros Inc. (OTC PINK:ELEK), a publicly traded company focused on electrification opportunities, today provided an update regarding its continued focus on hard rock lithium opportunities, patented electric vehicle charging technology, and strategic initiatives supporting the future of transportation, energy infrastructure, and critical minerals.
As global demand for electric vehicles, battery storage systems, and electrification technologies continues to expand, Elektros remains committed to identifying opportunities associated with lithium resources and technologies that may support long-term growth within the evolving energy marketplace.
"Our vision remains centered on the future of energy, transportation, and critical minerals," stated Shlomo Bleier, Chief Executive Officer of Elektros Inc. "We believe electrification continues to be one of the most significant global trends of our generation, creating opportunities across lithium, energy infrastructure, and advanced transportation technologies."
Lithium continues to play an essential role in modern electric vehicle batteries and energy storage systems. Bloomberg and numerous industry analysts have highlighted lithium's importance in supporting the global transition toward electric transportation and renewable energy infrastructure. Tesla CEO Elon Musk has also publicly emphasized the importance of reliable lithium supplies to support continued electric vehicle production worldwide.
The Company's patented electric vehicle charging technology, protected by U.S. Patent No. 12,522,100, relates to multi-port charging technology designed for electric vehicle charging applications and reflects Elektros' continued focus on innovation.
As part of its intellectual property strategy, Elektros has communicated with various automotive industry participants regarding its patented technology. The Company recently received correspondence from counsel representing Volkswagen Group of America acknowledging receipt of the Company's patent-related communication and indicating the matter would be reviewed internally. Such correspondence does not constitute an admission of infringement, liability, licensing, or any commercial agreement.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable federal securities laws. Actual results may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
"The pace of progress in sustainable transport and energy storage is directly tied to reliable battery materials, and lithium remains a critical component for electric vehicles worldwide." - Elon Musk, CEO of Tesla
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Gartner (IT - Free Report) Headquartered in Stamford, Connecticut, Gartner, Inc. is reportedly the world's leading information technology research and advisory firm. The company offers rich domain expertise and technology-related insight necessary for an informed decision-making process.
IT is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 10.81; value investors should take notice.
Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.34 to $13.71 per share. IT also boasts an average earnings surprise of +10.6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, IT should be on investors' short list.
, /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today announced it has completed the conversion the Cohen & Steers Future of Energy Fund (MLOIX) into a new, actively managed exchanged-traded fund (ETF), the Cohen & Steers Future of Energy Active ETF (CSEN). CSEN, listed today on Nasdaq with $189 million in assets, expands Cohen & Steers' actively managed real assets and alternative income ETF platform to more than $1 billion in assets under management[1].
Tyler Rosenlicht, Portfolio Manager, Global Infrastructure and Head of Natural Resource Equities at Cohen & Steers, said:
"We believe investors are best positioned to benefit from the growth in the energy sector by investing across the full energy universe. This active ETF is grounded in our 'energy addition' thesis: meeting rising global energy demand will require both traditional and alternative energy sources, creating opportunities across the entire value chain—from sourcing and producing hydrocarbons to accelerating renewables investments. We believe the energy sector is attractively valued and that CSEN offers a compelling growth opportunity."
Alex Berg, Head of ETF Sales at Cohen & Steers, said:
"Having surpassed $1 billion in assets, our active ETF platform continues to scale as investors look for specialized, research‑driven solutions in real assets and alternative income. With the addition of CSEN, we're extending that leadership into one of the most dynamic segments of the market amid rising global energy demand. This ETF conversion reflects the strength of our platform, the depth of our investment teams, and our commitment to delivering active strategies that meet the evolving needs of investors."
Cohen & Steers' lineup of active ETFs also includes:
Cohen & Steers Real Estate Active ETF (CSRE) Cohen & Steers Infrastructure Opportunities Active ETF (CSIO) Cohen & Steers Natural Resources Active ETF (CSNR) Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF) Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) For more information about Cohen & Steers's active ETFs, visit the Cohen & Steers Active ETFs Knowledge Center at www.cohenandsteers.com/etfs. For more information about the Cohen & Steers Future of Energy Active ETF, visit www.cohenandsteers.com/funds/future-of-energy-active-etf/.
About Cohen & Steers, Inc. Cohen & Steers, Inc. ("Cohen & Steers") is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.
Cohen & Steers Capital Management, Inc. (Cohen & Steers) is a U.S. registered investment advisory firm that provides investment management services to corporate retirement, public and union retirement plans, endowments, foundations and mutual funds. Cohen & Steers U.S. registered open-end funds are distributed by Cohen & Steers Securities, LLC. The Cohen & Steers ETFs are distributed by Foreside Fund Services, LLC. Foreside Fund Services, LLC is not affiliated with Cohen & Steers.
Investing involves risk, including entire loss of capital invested. There can be no assurance that the investment strategy will meet its investment objectives.
Forward-Looking Statements
Please consider the investment objectives, risks, charges and expenses of any Cohen & Steers fund carefully before investing. A summary prospectus and prospectus containing this and other information may be obtained, free of charge, by visiting cohenandsteers.com or by calling 866.737.6370. Please read the summary prospectus and prospectus carefully before investing.
This press release and other statements that Cohen & Steers may make may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current views with respect to, among other things, the Company's operations and financial performance. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "may," "will," "should," "seeks," "predicts," "intends," "plans," "estimates," "anticipates" or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these forward-looking statements. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Analog Devices (ADI - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Analog Devices is a member of our Computer and Technology group, which includes 592 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Analog Devices is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ADI's full-year earnings has moved 10.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ADI has gained about 54.1% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 15.6% on average. As we can see, Analog Devices is performing better than its sector in the calendar year.
Another stock in the Computer and Technology sector, Allegro MicroSystems, Inc. (ALGM - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 91.1%.
Over the past three months, Allegro MicroSystems, Inc.'s consensus EPS estimate for the current year has increased 10.9%. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Analog Devices belongs to the Semiconductor - Analog and Mixed industry, a group that includes 10 individual companies and currently sits at #6 in the Zacks Industry Rank. On average, this group has gained an average of 65.1% so far this year, meaning that ADI is slightly underperforming its industry in terms of year-to-date returns.
Allegro MicroSystems, Inc., however, belongs to the Electronics - Semiconductors industry. Currently, this 47-stock industry is ranked #58. The industry has moved +52.7% so far this year.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Analog Devices and Allegro MicroSystems, Inc. as they could maintain their solid performance.
Vertiv Holdings Co. (VRT - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this company have returned -18.4% over the past month versus the Zacks S&P 500 composite's +0.5% change. The Zacks Computers - IT Services industry, to which Vertiv belongs, has gained 0.4% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Vertiv is expected to post earnings of $1.42 per share, indicating a change of +49.5% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.5% over the last 30 days.
The consensus earnings estimate of $6.36 for the current fiscal year indicates a year-over-year change of +51.4%. This estimate has changed -0.9% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $8.53 indicates a change of +34.1% from what Vertiv is expected to report a year ago. Over the past month, the estimate has changed -0.4%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Vertiv is rated Zacks Rank #2 (Buy).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Vertiv, the consensus sales estimate of $3.37 billion for the current quarter points to a year-over-year change of +27.7%. The $13.73 billion and $17.61 billion estimates for the current and next fiscal years indicate changes of +34.2% and +28.3%, respectively.
Last Reported Results and Surprise HistoryVertiv reported revenues of $2.65 billion in the last reported quarter, representing a year-over-year change of +30.1%. EPS of $1.17 for the same period compares with $0.64 a year ago.
Compared to the Zacks Consensus Estimate of $2.66 billion, the reported revenues represent a surprise of -0.27%. The EPS surprise was +14.71%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Vertiv is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Vertiv. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
Vertiv (NYSE:VRT | VRT Price Prediction) has become one of the purest ways to bet on the AI infrastructure buildout. The company sells the power, cooling, and rack systems that keep hyperscale data centers running, and the order book tells you everything.
Backlog hit $15 billion at year-end, up 109% YoY, with a book-to-bill near 2.9x. Shares are up 86.99% year to date at $302.87. Can this run carry VRT to $400 by next June?
What’s Holding Vertiv Back Right Now After rallying for most of 2026, VRT had a sharp pullback this past month. Shares are down 18.14% over the past month, even with a 0.79% bounce in the last week. With a beta of 2.04, this stock magnifies every macro wobble.
EMEA is the other drag. Revenue in that segment fell 20.3% YoY in Q1 2026, and management has guided EMEA to flat for the full year with recovery only in the back half. Add in lingering tariff noise and the fact shares trade close to the $379.94 52-week high, and the market wants more proof before paying up again.
Wall Street Sees Roughly 25% Upside. Our Model Says 20% Consensus target sits at $378.31 across 4 strong buys, 18 buys, 3 holds, no sells, and 1 strong sell. Our base case lands at $364.59, implying 20.38% upside, with a bull scenario of $409.73 and a bear at $284.90. Confidence on the base case sits at 90%.
Wall Street may actually be too conservative. With 85% of analysts bullish and earnings growth running at 135.7% YoY, the targets feel like they are chasing the earnings rather than leading them.
The Path to $400 Per Share Reaching $400 from $302.87 requires a gain of 32.1%. With forward EPS of $6.24, a $400 print implies a forward P/E of 64x. VRT currently trades at roughly 49x forward, so the bold target needs about 15 turns of additional multiple expansion on top of what is already a premium multiple.
What makes that possible? The 247Factor of 1.125 bakes in industrials sector momentum and the bullish analyst skew. Management just raised FY2026 EPS guidance to $6.30 to $6.40 on $13.5B to $14.0B in sales. Americas organic growth ran 44% last quarter.
CEO Giordano Albertazzi summed up the setup well on the call: “We continue to see very robust growth in demand for data centers. As a result, we are focusing investments on capacity expansion, supply chain and engineering capabilities.” Chairman Dave Cote added that “we’re still in the early stage of the infrastructure build out for AI.” Any hyperscaler capex pause would compress the multiple fast.
Where Vertiv Trades Today vs Its Earnings Power At $302.87, VRT trades around 49x forward EPS of $6.24. That is below the 48x forward PE peers in data center exposed industrials commanded earlier this year. Shares sit between a 52-week low of $109.96 and a high of $379.94, and the stock has returned 1,060.76% over five years. Pair 50%-plus EPS growth with the largest backlog in company history, and the multiple looks defensible.
Is $400 Realistic? Reaching $400 means 32.1% upside from here. Realistic, but it is a stretch.
Three things have to break right. EMEA needs to stop bleeding by Q4, AI orders need to keep running hot into 2027 on 800-volt and liquid cooling adoption, and the multiple has to hold near 60x as EPS catches up. A hyperscaler capex pause would derail it. We’ve outlined the blueprint for how Vertiv could reach $400 in 2027.
Key Takeaways Amkor is expanding HDFO, flip-chip and test platforms to support AI data-center and HPC demand.Micron is advancing HBM4 and HBM4E as AI servers lift demand across DRAM, NAND and data-center SSDs.MU trades at 6.5X forward sales versus AMKR's 2.62X, reflecting differing growth and earnings outlooks. Amkor Technology (AMKR - Free Report) and Micron Technology (MU - Free Report) are emerging as key beneficiaries of the accelerating AI infrastructure buildout. As AI workloads become increasingly compute-intensive, demand is rising not only for advanced memory solutions but also for sophisticated semiconductor packaging technologies that enable higher performance and efficiency.
While Micron supplies the DRAM, NAND and high bandwidth memory (HBM) products that power AI servers and accelerators, Amkor provides advanced packaging and testing services that help bring these complex chips to market. Both companies occupy critical positions within the AI semiconductor value chain, but their growth drivers, competitive advantages and earnings profiles differ meaningfully. With AI spending continuing to expand, let's examine which stock offers the more compelling long-term opportunity.
The Case for AMKRAmkor's strategic value lies in its position as the critical enabler between silicon fabrication and end-system deployment. As AI accelerators become larger and more complex, chipmakers are relying on packaging technologies to improve performance, power efficiency and interconnect density. This trend is expected to increase the value of advanced packaging within the semiconductor supply chain, positioning Amkor to benefit from rising AI infrastructure investments.
AMKR is expanding its capabilities across High-Density Fan-Out (HDFO), flip-chip and advanced test platforms, with growing exposure to AI data-center and high-performance computing applications. Management expects a new HDFO data-center CPU program to begin ramping in 2026, while broader customer engagement across advanced packaging technologies continues to expand. The company is also investing heavily in Korea and Arizona to support future demand and increase advanced packaging capacity. During first-quarter 2026, revenues rose 27% year over year to $1.68 billion, while computing revenues increased 19%, reflecting early benefits from AI-related demand.
However, Amkor's growth remains dependent on customer production ramps and semiconductor volumes, making its AI exposure more indirect than companies supplying core AI components. With the Arizona facility expected to dilute operating income margin by approximately 1% to 2% beginning in 2027 and meaningful revenue contribution only materializing from 2028 onward, near-term earnings visibility remains constrained.
The Zacks Consensus Estimate for AMKR’s 2026 EPS is pegged at $2.08, up 13.16% year over year.
The Case for MUMicron's investment thesis is being driven by its direct exposure to the AI memory market. Unlike many semiconductor companies that benefit indirectly from AI infrastructure spending, Micron supplies the DRAM, NAND and HBM products that are essential for AI training and inference workloads. As AI models become larger and more data-intensive, memory content per server is expected to rise significantly, creating a structural demand driver for Micron's portfolio.
Micron is well-positioned to capitalize on this trend through its leadership in HBM, advanced DRAM nodes and data center storage solutions. Micron has already commenced volume shipments of HBM4 for next-generation AI platforms and is advancing HBM4E development for a planned 2027 ramp. Beyond HBM, growing adoption of AI servers is expected to broaden demand for DRAM, NAND and data center SSDs, expanding the company's addressable revenue opportunity across the full memory stack. During the second quarter of fiscal 2026, revenues surged 196% year over year to $23.9 billion, supported by record DRAM, NAND and HBM sales. With supply-demand conditions for both DRAM and NAND expected to remain tight beyond 2026, pricing and profitability are anticipated to stay constructive through the medium term.
As AI adoption scales across data centers, enterprise computing and edge devices, Micron's direct participation in the memory layer of AI infrastructure positions it to capture a growing share of semiconductor value creation.
The Zacks Consensus Estimate for MU's 2026 EPS is pegged at $60.23, up 626.54% year over year.
AMKR vs. MU: Price Performance and ValuationYear to date, shares of MU have surged 243.9%, outperforming AMKR's 109.7% return. Both companies have benefited from the AI-driven semiconductor upcycle, though Micron's more direct exposure to AI memory demand has enabled it to capture a larger share of the value being created across the AI infrastructure ecosystem.
YTD Performance
Image Source: Zacks Investment Research
On a forward price-to-sales basis, MU trades at 6.5X versus AMKR's 2.62X. While Amkor offers a lower valuation, Micron's premium appears supported by stronger earnings visibility, direct exposure to AI memory demand and a more favorable growth outlook. With its 2026 HBM supply already committed and third-quarter fiscal 2026 gross margin projected at approximately 81%, Micron's valuation appears justified by the scale of its AI-driven earnings opportunity.
Forward 12-Month (P/S) Valuation
Image Source: Zacks Investment Research
ConclusionBoth AMKR and MU are well-positioned to benefit from the AI-driven semiconductor buildout. However, Micron's direct participation in the AI memory market, stronger earnings visibility and favorable supply-demand dynamics make it the more compelling pick at this stage, while Amkor's more indirect AI exposure and multi-year execution requirements surrounding its Arizona expansion introduce greater near-term uncertainty. Investors may consider buying MU at current levels while waiting for a more attractive entry point in AMKR.
AMKR currently carries a Zacks Rank #3 (Hold) while MU sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
Shares of ATI (ATI - Free Report) have been strong performers lately, with the stock up 28.7% over the past month. The stock hit a new 52-week high of $203.6 in the previous session. ATI has gained 73% since the start of the year compared to the 2.9% move for the Zacks Aerospace sector and the 12.5% return for the Zacks Aerospace - Defense Equipment industry.
What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on April 30, 2026, ATI reported EPS of $1 versus consensus estimate of $0.88 while it missed the consensus revenue estimate by 2.92%.
For the current fiscal year, ATI is expected to post earnings of $4.35 per share on $4.98 in revenues. This represents a 34.26% change in EPS on a 8.57% change in revenues. For the next fiscal year, the company is expected to earn $5.33 per share on $5.44 in revenues. This represents a year-over-year change of 22.46% and 9.28%, respectively.
Valuation MetricsWhile ATI has moved to its 52-week high in the recent past, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
ATI has a Value Score of D. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 45.6X current fiscal year EPS estimates, which is a premium to the peer industry average of 37.3X. On a trailing cash flow basis, the stock currently trades at 43.3X versus its peer group's average of 32.5X. Additionally, the stock has a PEG ratio of 1.74. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, ATI currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if ATI meets the list of requirements. Thus, it seems as though ATI shares could have potential in the weeks and months to come.
How Does ATI Stack Up to the Competition?Shares of ATI have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is Moog Inc. (MOG.A - Free Report) . MOG.A has a Zacks Rank of #2 (Buy) and a Value Score of D, a Growth Score of A, and a Momentum Score of D.
Earnings were strong last quarter. Moog Inc. beat our consensus estimate by 10.92%, and for the current fiscal year, MOG.A is expected to post earnings of $10.61 per share on revenue of $4.31 billion.
Shares of Moog Inc. have gained 30.1% over the past month, and currently trade at a forward P/E of 37.24X and a P/CF of 32.71X.
The Aerospace - Defense Equipment industry is in the top 19% of all the industries we have in our universe, so it looks like there are some nice tailwinds for ATI and MOG.A, even beyond their own solid fundamental situation.
Paychex named a leading HCM provider to TIME’s America’s Top WorkTech Companies 2026 ListList identifies the most impactful and financially strong companies that have established themselves as leaders in shaping how people and organizations work ROCHESTER, N.Y., June 15, 2026 (GLOBE NEWSWIRE) -- Paychex, Inc. (Nasdaq: PAYX), an industry-leading human capital management (HCM) company, today announced that the company has been named to the inaugural list of America’s Top WorkTech Companies presented by TIME and Statista. This list identifies the most impactful and financially strong companies that have established themselves as leaders in shaping how people and organizations work.
“It’s an honor for Paychex to be recognized among America’s Top WorkTech Companies for the expert-enabled solutions we are bringing to market to transform business operations,” said Ryan Bergstrom, Chief Product Officer at Paychex. “With innovation as a core company value, we are committed to delivering solutions that enable clients to work faster, smarter, and more efficiently. As a trusted partner to businesses for over five decades, we’ve built one of the HCM industry’s largest proprietary datasets, which combined with all our workforce knowledge and expertise, enables us to deliver intelligence that proactively unlocks opportunities for efficiency and automation.”
Driving Innovation for Today’s Digital Workforce
Paychex is redefining HCM from a user-directed experience to an AI-powered one, where intelligence and expertise are infused across the HCM lifecycle. This shift transforms AI from a tool into a trusted teammate that anticipates client needs, making workforce management smarter, more intuitive, and in sync with business needs. Paychex recently unveiled AI-powered innovations in Paychex Flex®, Paycor®, and SurePayroll, embodying the company’s commitment to democratize access to enterprise-grade innovation.
WISE (Workforce Intelligence Strengthen by Expertise), the company’s AI-powered intelligence solution, is transforming business operations with embedded context-aware intelligence, expert-enabled guidance, and autonomous execution. WISE strategically underpins Paychex’s approach to powering people and performance through agents, intelligence, assistants, and advisory solutions that meet users where they are while automating routine tasks, delivering personalized experiences, and uncovering actionable insights at scale.
Unlocking Insights to Drive Organizational Efficiency
Paychex’s commitment to leveraging AI to enhance efficiency and effectiveness is also evident in the broad adoption of AI-powered capabilities internally across the enterprise. Paychex deploys AI solutions organization-wide with the goal of not only improving internal efficiencies but also having a positive impact on customers. For example, AI enables developers to focus more on user experience than on writing code, sales representatives can access the insights needed to close deals more efficiently, and service professionals can devote more time to high-value client interactions by reducing transactional work. Collectively, these efforts help position Paychex to deliver a consistently high-quality customer experience.
Methodology
In support of the research, Statista gathered and analyzed data from approximately 5,000 U.S. companies. The ranking is built on two pillars: financial strength and industry impact. Each company received a score in both dimensions, and these scores were combined into an overall score. The 250 companies with the highest scores were included in the ranking.
“Being named among America’s Top WorkTech Companies 2026 by TIME and Statista is a strong reflection of Paychex’s continued commitment to innovation and reliability in the HR technology space,” said Niels Terfehr, Vice President at Statista. “Placing in the top 20% within the HR Core, Payroll & Benefits (HRIS/HCM) category highlights the company’s ability to create impactful solutions. In a rapidly evolving market, the balance of financial strengths and industry impact is what enables organizations to confidently support their workforce and drive long-term success.”
To learn more about WISE and AI at Paychex, visit paychex.com/ai. More information about the company’s corporate awards and honors is available on the Paychex website.
About Paychex
Paychex, Inc. (Nasdaq: PAYX) is the digitally driven HR leader that is reimagining how companies address the needs of today’s workforce with the most comprehensive, flexible, and innovative HCM solutions for organizations of all sizes. Offering a full spectrum of HR advisory and employee solutions, Paychex pays 1 out of every 11 American private sector workers and is raising the bar in HCM for approximately 800,000 customers in the U.S. and Europe. Every member of the Paychex team is committed to fulfilling the company’s purpose of helping businesses succeed. Visit paychex.com to learn more.
Media Contact
Chelsea Wernick
Public Relations Program Manager
Paychex, Inc.
(585) 216-2974 [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/33e0e8ef-b627-4279-99bb-39768b03f42b
TIME America's Top WorkTech Companies 2026 TIME America's Top WorkTech Companies 2026
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
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Adani Enterprises and Jabil Target a Strategic Alliance to Build AI Data Center Infrastructure Platform in India Adani Group, India’s leading integrated infrastructure and green energy conglomerate, and Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, today announced the intent to form a strategic alliance to establish a world-class, vertically integrated AI and data center infrastructure manufacturing platform in India.
The alliance integrates Jabil’s six decades of advanced engineering, cross-industry manufacturing expertise, and proven hyperscale data center solutions with Adani Group’s massive infrastructure footprint, green energy portfolio, logistics network, and rapidly expanding domestic data center operations. This powerful combination will be structured to directly address the explosive local and global demand for AI-ready data center hardware.
CORE PILLARS OF THE MANUFACTURING PLATFORM
Giga-Scale AI Rack Architecture: The platform plans to deploy multi-GW of high-density AI Rack manufacturing capacity in India. This will serve the critical infrastructure needs of global hyperscalers, co-location facilities, and enterprise data centers through the advanced manufacturing and integration of next-generation liquid-cooled AI racks, servers, storage, and networking systems utilizing state-of-the-art SMT (Surface Mount Technology) and complex box-build processes. 360-Degree AI Infrastructure Ecosystem: Beyond computing racks, the alliance encompasses full-spectrum white space and grey space device manufacturing. This includes Power Distribution Units (PDUs), Coolant Distribution Units (CDUs), Transformers, Switchgears, Bus Bars, and advanced thermal management systems. Together, Adani and Jabil intend to deliver an end-to-end, design-to-deployment hardware ecosystem, providing infrastructure builders with a highly integrated single-source solution. Market Scale & Transition to Final Documentation: This initiative addresses a global market opportunity exceeding USD 3 trillion over the next seven years, driven by structural investments in AI compute. The two organizations are currently working on the definitive operational frameworks and formal documentation to accelerate the execution of this manufacturing roadmap. STRATEGIC RATIONALE
India's data center market is at an inflection point, with industry forecasts projecting capacity to reach between 5-8 GW by 2030, fueled by growing AI demand, cloud expansion, and data localization requirements. As global hyperscalers accelerate investment in India's digital infrastructure — with more than USD 50 billion in planned spending across data center, cloud, and AI ecosystems — the country's focus on data sovereignty is reshaping technology supply chains. Coupled with the requirements of the Digital Personal Data Protection Act, these trends are driving increased demand for domestically manufactured hardware and strengthening India's position as a strategic technology manufacturing hub. Furthermore, the Union Budget 2026’s landmark tax holiday for data centers until 2047 significantly enhances the global export competitiveness of India-based manufacturing.
This alliance directly aligns with Adani Group’s USD 100 billion commitment to develop 5 GW of green-energy-powered, hyperscale AI-ready data centers by 2035, complementing established collaborations with global technology leaders.
Jabil, which recorded USD 29.8 billion in revenue for fiscal year 2025, continues to be a leader in the global AI data center buildout. Following strategic U.S. infrastructure expansions and the acquisitions of Hanley Energy Group and Mikros Technologies, Jabil brings comprehensive power management and precision thermal solutions capabilities to this Indian platform.
A LANDMARK STEP FOR 'MAKE IN INDIA'
This alliance serves as a flagship paradigm for the next phase of the Make in India vision, transitioning the nation from an importer of digital infrastructure into a dominant global manufacturer and exporter of AI hardware.
By anchoring high-value, deep-tech manufacturing domestically, the Adani-Jabil platform is expected to strengthen global supply chain resilience, generate thousands of highly skilled engineering jobs, and establish a sovereign-aligned technology ecosystem.
LEADERSHIP QUOTES
Mr. Gautam Adani, Chairman, Adani Group, noted:
"The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution. Nations that master the symmetry between energy and compute will shape the next decade. India is uniquely positioned to lead. Our alliance with Jabil represents a decisive step in building India's complete AI infrastructure stack — from green power generation to world-class hardware manufacturing. Together, we will ensure India is not merely a consumer in the AI age, but a creator, builder, and exporter of intelligence."
Mr. Mike Dastoor, CEO, Jabil, stated:
"This strategic collaboration with Adani Group is another step forward in our efforts to create long-term value for customers throughout the AI ecosystem by offering scalable solutions across the product lifecycle. By combining Jabil's more than sixty years of engineering expertise and advanced manufacturing capabilities with Adani's formidable infrastructure and energy platform, we can expect to execute down to the rack level for hyperscalers and enterprises here in India and across the globe. As India becomes one of the world’s fastest-growing AI markets, the country’s skilled workforce and supportive business environment make it an attractive destination for this collaboration."
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements, including those regarding the potential strategic collaboration with Adani Group. The statements in this release are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from our current expectations. Forward-looking statements could be affected by the following factors, among others, related to the potential alliance: the occurrence of any event, change or other circumstances that could give rise to the termination of work on the alliance, including the possibility of not being able to satisfactorily negotiate and execute a binding agreement regarding the collaboration; unexpected costs or unexpected liabilities that may arise from the potential alliance; the impact of changes in economic, market, political or social conditions; and future regulatory or legislative actions that could adversely affect the parties. Additional factors that could cause such differences can be found in Jabil’s Annual Report on Form 10-K for the fiscal year ended August 31, 2025 and Jabil’s other filings with the Securities and Exchange Commission. Jabil assumes no obligation to update these forward-looking statements.
About Adani Group:
Headquartered in Ahmedabad, India, Adani Group is one of India's largest integrated infrastructure conglomerates with interests in Resources, Logistics, Energy, Agro, Real Estate, Public Transport Infrastructure, Consumer Finance, and Defence. Driven by its core philosophy of ‘Nation Building’ and ‘Growth with Goodness’, the Group is committed to sustainable development and regional transformation. Further information at www.adani.com.
About Jabil:
At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With 60 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com.
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PRINCETON, N.J., June 15, 2026 (GLOBE NEWSWIRE) -- Adstra Nonprofit today announced a strategic partnership with Catholic Relief Services (CRS), one of the world's leading humanitarian organizations. Through the partnership, Adstra will support CRS's efforts to reach new donors and expand support for its mission through audience development and donor acquisition strategies.
For more than 80 years, CRS has provided humanitarian aid and development assistance to vulnerable populations worldwide. While rooted in the Catholic faith, CRS serves individuals based solely on need, regardless of race, religion, or ethnicity.
As part of the partnership, Adstra will provide data acquisition, data management, and merge services to help CRS improve audience targeting, data quality, and fundraising effectiveness.
"We selected Adstra because of their deep expertise in nonprofit fundraising and their proven ability to help organizations reach the right audiences and drive sustainable growth," said Laura Durington, Director of Omnichannel Giving & Awareness at Catholic Relief Services. "Their strategic approach to data, targeting, and donor acquisition aligns closely with our goals, and we look forward to leveraging their insights to expand our reach and inspire greater support for our mission."
The partnership will help CRS identify and connect with new supporters who share its commitment to serving vulnerable communities around the world.
"We are honored to be selected as a partner by Catholic Relief Services, an organization that has earned the trust of donors through decades of meaningful service and global impact," said Alicia Abels, Vice President, Adstra Nonprofit. "Their mission inspires generosity and action around the world, and we're proud to help connect more people with opportunities to support their work and expand its impact."
About Adstra Nonprofit
Since 1978, Adstra Nonprofit has helped organizations expand their fundraising reach through audience development, donor acquisition, and data-driven fundraising solutions. Adstra supports nonprofits in identifying and reaching new supporters, helping organizations grow fundraising results and expand support for their missions. For more information, please visit: www.AdstraNonprofit.com.
About Catholic Relief Services
Founded in 1943 by the Catholic Bishops of the United States to assist World War II survivors in Europe, CRS has grown into one of the world's leading faith-based international relief and development organizations. Today, CRS reaches more than 200 million people in over 90 countries.
While rooted in the Catholic faith, CRS serves individuals based solely on need, regardless of race, religion, or ethnicity. The organization works to alleviate suffering, promote sustainable development, and advance justice and human dignity around the globe. For more information, please visit: https://www.crs.org/.
Samsara Inc. (IOT - Free Report) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, IOT broke through the 20-day moving average, which suggests a short-term bullish trend.
The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-term moving averages.
Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.
Shares of IOT have been moving higher over the past four weeks, up 13.9%. Plus, the company is currently a Zacks Rank #2 (Buy) stock, suggesting that IOT could be poised for a continued surge.
The bullish case only gets stronger once investors take into account IOT's positive earnings estimate revisions. There have been 5 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.
Given this move in earnings estimate revisions and the positive technical factor, investors may want to keep their eye on IOT for more gains in the near future.
