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2026-06-12 17:16 2mo ago
2026-04-28 14:02 4mo ago
Applied Industrial Technologies, Inc. (AIT) Q3 2026 Earnings Call Transcript
AIT Applied Industrial Technologies
FMP Stock News
Original source text
Applied Industrial Technologies, Inc. (AIT) Q3 2026 Earnings Call Transcript
2026-06-12 17:16 2mo ago
2026-04-29 10:30 4mo ago
Applied Industrial Technologies (AIT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
AIT Applied Industrial Technologies
FMP Stock News
Original source text
For the quarter ended March 2026, Applied Industrial Technologies (AIT - Free Report) reported revenue of $1.25 billion, up 7.3% over the same period last year. EPS came in at $2.65, compared to $2.57 in the year-ago quarter.

The reported revenue represents a surprise of +2.23% over the Zacks Consensus Estimate of $1.22 billion. With the consensus EPS estimate being $2.63, the EPS surprise was +0.84%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Applied Industrial Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Engineered Solutions: $446.52 million versus the three-analyst average estimate of $432.06 million. The reported number represents a year-over-year change of +10.2%.Net Sales- Service Center Based Distribution: $804.94 million versus the three-analyst average estimate of $792.44 million. The reported number represents a year-over-year change of +5.7%.Operating income- Engineered Solutions: $51.64 million versus $51.52 million estimated by three analysts on average.Operating income- Service Center Based Distribution: $109.41 million compared to the $104.11 million average estimate based on three analysts.View all Key Company Metrics for Applied Industrial Technologies here>>>

Shares of Applied Industrial Technologies have returned +13.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
2026-06-12 17:16 2mo ago
2026-04-29 13:06 4mo ago
Applied Industrial Q3 Earnings & Sales Top Estimates, Up Y/Y
AIT Applied Industrial Technologies
FMP Stock News
Original source text
Key Takeaways Applied Industrial Q3 EPS beat estimates, rising 3.1%, with sales up 7.3% year over year.AIT saw strong growth in Engineered Solutions, driven by fluid power and automation demand.Company raised FY2026 sales and earnings outlook, signaling continued momentum. Applied Industrial Technologies, Inc. (AIT - Free Report) reported third-quarter fiscal 2026 (ended March 31, 2026) earnings of $2.65 per share, which surpassed the Zacks Consensus Estimate of $2.63. The bottom line increased 3.1% year over year.

Net sales of $1.25 billion beat the consensus estimate of $1.22 billion. Also, the top line increased 7.3% year over year. Acquisitions boosted the top line by 0.5% while foreign-currency translation had a favorable impact of 0.8%. Organic sales increased 6% year over year.

Segmental DiscussionThe Service Center-Based Distribution segment’s sales, which contributed 64.3% to net sales, totaled $804.9 million. On a year-over-year basis, the segment’s sales increased 5.7%.

While organic sales increased 4.2%, foreign currency translation positively impacted sales by 1.3%. Segmental sales were aided by ongoing internal initiatives and higher technical MRO activities.

The Engineered Solutions segment’s sales (formerly the Fluid Power & Flow Control segment), which contributed 35.7% to net sales, totaled $446.5 million. On a year-over-year basis, the segment’s sales increased 10.2%.

Acquisitions boosted the top line by 0.9%. Organic sales increased 9.3% owing to strong volume across fluid power and automation businesses, and healthy growth across the flow control unit.

AIT’s Margin ProfileIn the quarter, Applied Industrial’s cost of sales was up 7.3% year over year to $870.6 million. Gross profit was $380.8 million, up 7.2% from the year-ago quarter.

The gross margin inched down to 30.4% from 30.5% in the year-ago quarter. Selling, distribution and administrative expenses (including depreciation) increased 7.5% year over year to $242.9 million. EBITDA was $153.9 million, reflecting an increase of 6.2%.

AIT’s Balance Sheet & Cash FlowExiting third-quarter fiscal 2026, Applied Industrial had cash and cash equivalents of $171.6 million compared with $388.4 million at the end of fiscal 2025. Long-term debt was $347.3 million compared with $572.3 million at the end of the prior fiscal year.

In the first nine months, it generated net cash of $319.1 million from operating activities, indicating a decrease of 7.5% from the year-ago quarter. Capital expenditures totaled $18.3 million, roughly stable year over year. Free cash flow decreased 8% year over year to $300.8 million.

In the first nine months, AIT rewarded its shareholders with dividends of $53.7 million, up 16.2% year over year.

Dividend UpdateApplied Industrial’s board approved a quarterly cash dividend of 51 cents per share, payable to shareholders on May 29, 2026, of record as of May 15, 2026.

Applied Industrial’s GuidanceFor fiscal 2026 (ending June 2026), Applied Industrial anticipates adjusted earnings to be in the range of $10.64-$10.75 per share compared with $10.45-$10.75 predicted earlier.

The company currently anticipates sales to increase in the range of 7.2-7.7%, higher than 5.5-7.0% predicted earlier. Organic sales are expected to increase 3.8-4.2% year over year compared with 2.5-4.0% estimated previously.  AIT expects the EBITDA margin to be in the range of 12.3-12.4%.

Zacks Rank and Stocks to ConsiderThe company currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks are discussed below:

DXP Enterprises (DXPE - Free Report) presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

DXP Enterprises’ earnings surpassed the consensus estimate by 52.8% in the last reported quarter. In the past 60 days, the Zacks Consensus Estimate for DXPE’s 2026 earnings has increased by 17.2%.

Nordson Corporation (NDSN - Free Report) currently carries a Zacks Rank #2 (Buy). Nordson’s earnings topped the consensus estimate in each of the trailing four quarters. The average earnings surprise was 2.5%. In the past 60 days, the Zacks Consensus Estimate for Nordson’s fiscal 2026 earnings has increased 0.5%.

RBC Bearings (RBC - Free Report) presently carries a Zacks Rank of 2. RBC Bearings’ earnings surpassed the consensus estimate in each of the trailing four quarters. The average earnings surprise was 5.3%. In the past 60 days, the Zacks Consensus Estimate for RBC Bearings’ fiscal 2026 earnings has inched down 0.3%.
2026-06-12 17:16 2mo ago
2026-05-04 10:16 4mo ago
Don't Overlook Applied Industrial Technologies (AIT) International Revenue Trends While Assessing the Stock
AIT Applied Industrial Technologies
FMP Stock News
Original source text
Have you assessed how the international operations of Applied Industrial Technologies (AIT - Free Report) performed in the quarter ended March 2026? For this industrial products company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.

In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must understand a company's dependence on overseas markets, as this offers a window into the company's earnings stability, its ability to benefit from varied economic cycles and its potential for long-term growth.

Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.

While analyzing AIT's performance for the last quarter, we found some intriguing trends in revenues from its overseas segments that Wall Street analysts commonly model and monitor.

The company's total revenue for the quarter stood at $1.25 billion, increasing 7.3% year over year. Now, let's delve into AIT's international revenue breakdown to gain insights into the significance of its operations beyond home turf.

A Look into AIT's International Revenue StreamsDuring the quarter, Canada contributed $70.78 million in revenue, making up 5.7% of the total revenue. When compared to the consensus estimate of $76.26 million, this meant a surprise of -7.18%. Looking back, Canada contributed $74.53 million, or 6.4%, in the previous quarter, and $71.56 million, or 6.1%, in the same quarter of the previous year.

Other International generated $73.55 million in revenues for the company in the last quarter, constituting 5.9% of the total. This represented a surprise of +9.41% compared to the $67.22 million projected by Wall Street analysts. Comparatively, in the previous quarter, Other International accounted for $64.45 million (5.5%), and in the year-ago quarter, it contributed $62.91 million (5.4%) to the total revenue.

Revenue Projections for Overseas MarketsWall Street analysts expect Applied Industrial Technologies to report a total revenue of $1.29 billion in the current fiscal quarter, which suggests an increase of 5.5% from the prior-year quarter. Revenue shares from Canada and Other International are predicted to be 6.2%, and 5.4%, corresponding to amounts of $79.41 million, and $70.04 million, respectively.

For the full year, the company is projected to achieve a total revenue of $4.89 billion, which signifies a rise of 7.1% from the last year. The share of this revenue from various regions is expected to be: Canada at 6.3% ($305.49 million), and Other International at 5.5% ($269.38 million).

In ConclusionApplied Industrial Technologies' reliance on international markets for revenues offers both opportunities and risks. Hence, keeping an eye on its international revenue trends could significantly help forecast the company's prospects.

In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.

We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there's a positive relationship -- upward earnings predictions often result in an increase in stock prices.

The Zacks Rank, our proprietary stock rating mechanism, demonstrates a notable performance history confirmed through external audits. It effectively utilizes the power of earnings estimate revisions to act as a predictor of a stock's price performance in the near term.

Applied Industrial Technologies, bearing a Zacks Rank #3 (Hold), is expected to mirror the broader market's movements in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

A Look at Applied Industrial Technologies' Recent Stock Price PerformanceOver the past month, the stock has seen an increase of 13.4% in its value, whereas the Zacks S&P 500 composite has posted an increase of 10%. The Zacks Industrial Products sector, Applied Industrial Technologies' industry group, has ascended 7.5% over the identical span. In the past three months, there's been an increase of 3.9% in the company's stock price, against a rise of 4.4% in the S&P 500 index. The broader sector has increased by 7.2% during this interval.
2026-06-12 17:16 2mo ago
2026-06-10 09:02 3mo ago
WilliamsMarston's AIT Consulting Services Wins OneStream AI Excellence Award
AIT Applied Industrial Technologies
FMP Stock News
Original source text
-

AIT Consulting Services honored by OneStream for innovative AI application in finance and operations

BOSTON--(BUSINESS WIRE)--WilliamsMarston, a national leader in complex accounting, tax, technology, transaction, and valuation advisory services, is proud to recognize AIT Consulting Services (“AIT”) for receiving the 2026 AI Excellence Award from OneStream, which honors partners delivering measurable business impact through AI-powered finance solutions.

AIT, a WilliamsMarston company and a Diamond OneStream implementation partner, was recognized for its role in helping MB2 Dental—a fast-growing, private equity-backed healthcare services organization—implement AI-driven performance insights across its organization.

The project leveraged OneStream SensibleAI Studio to enable automated benchmarking, anomaly detection, and AI performance analysis within finance and operational workflows. Completed through an initial pilot and full deployment over approximately eight weeks, it established a scalable foundation for future predictive analytics and more proactive decision-making.

“We’re incredibly proud of our team and the close collaboration we’ve built with OneStream,” said Ben Novak, Partner and OneStream Co-Practice Leader. “Receiving the AI Excellence Award reinforces our shared vision of empowering finance leaders with intelligent, data-driven tools that transform how they plan, report, and operate.”

AIT is part of the Firm’s broader technology practice, which advises clients on finance transformation, enterprise performance management, AI enablement, and reporting modernization to help their organizations scale more effectively and strategically.

“We’re seeing more organizations move from talking about AI to finding practical ways to apply it across the business,” said Sanjay Ramaswamy, CEO of WilliamsMarston. “AIT’s work with MB2 Dental is just one strong example of how the right combination of technology and industry expertise can help teams work more efficiently, surface stronger insights, and make better decisions.”

To learn more about WilliamsMarston’s OneStream Practice, visit williamsmarston.com/onestream-practice/

About WilliamsMarston
WilliamsMarston is a national accounting, tax, technology, transaction, and valuation advisory firm serving pre-IPO, public, and private equity-backed companies managing rapid growth and transformation. With 300 professionals, the firm combines deep technical expertise with practical experience—including leadership from the Big Four—to help clients navigate their most complex and high-stakes challenges.

For more information, please visit https://williamsmarston.com/ and follow WilliamsMarston on LinkedIn.

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2026-06-12 17:16 2mo ago
2026-06-11 09:00 3mo ago
Advanced Integration Technology (AIT) Completes Acquisition of Futuramic Tool & Engineering
AIT Applied Industrial Technologies
FMP Stock News
Original source text
PLANO, Texas and WARREN, Mich., June 11, 2026 (GLOBE NEWSWIRE) -- Advanced Integration Technology (AIT), the world’s largest provider of automation to the global aerospace and defense industry, announced that it completed the acquisition of Futuramic Tool & Engineering on June 1, 2026. The scope of the transaction includes Futuramic’s affiliates Sharp Tooling Solutions and Jordan Tool. John Couch will continue to lead Futuramic’s operations along with the existing management team. Transaction terms and financial details were not disclosed.

Futuramic was founded in 1955 and has over 70 years of experience as a full-service engineering, fabrication, and installation provider. Futuramic has over 600,000 ft2 of facility space with a world-class collection of large-scale fabrication and large 5-axis machining capabilities.

Futuramic is a leader in providing automation and tooling solutions for the space launch sector and the broader commercial aerospace and defense markets. While most customer engagements are subject to confidentiality agreements, Futuramic’s contributions to the Boeing Space Launch System and NASA’s Artemis rocket launches provide a glimpse into the impressive scale of its operations.

Ed Chalupa, the founder and CEO of AIT, commented, “Futuramic and its affiliates add a deep heritage of tooling expertise and an extremely talented team to the AIT portfolio of companies. The combined scale and expertise of the two companies will be able to provide rapid deployment to our customers’ most complex automation and tooling needs.”

John Couch, a third-generation owner and operator of Futuramic, commented, “The Futuramic team is excited to join the AIT family. The companies share common entrepreneurial roots and perfectly complement the strengths of one another.”

About AIT
Headquartered in Plano, TX, Advanced Integration Technology (AIT) is the world’s largest provider of automation and tooling solutions dedicated to the global aerospace and defense industry. Its primary end markets include defense aerospace, commercial aerospace, rotorcraft, eVTOL, business jets, and next-generation airframes. Automation solutions include factory layout and simulation, final assembly, major structure assembly, positioning and joining, automated guided vehicles (mobility solutions), out-of-autoclave heating solutions, drilling solutions, as well as tooling, molds, and fixtures. Onex Partners, the upper mid-market private equity platform of Onex Corporation (TSX: ONEX) and Qatar Investment Authority (QIA) are minority investors in AIT.

Forward-Looking Statements
This press release may contain, without limitation, statements concerning possible or assumed future operations, performance or results preceded by, followed by or that include words such as “believes”, “expects”, “potential”, “anticipates”, “estimates”, “intends”, “plans” and words of similar connotation, which would constitute forward-looking statements. Forward-looking statements are not guarantees. The reader should not place undue reliance on forward-looking statements and information because they involve significant and diverse risks and uncertainties that may cause actual operations, performance or results to be materially different from those indicated in these forward-looking statements. Except as may be required by Canadian securities law, Onex is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or other factors. These cautionary statements expressly qualify all forward-looking statements in this press release.

Contacts
Glenn Dobbs
Vice President, Corporate Development
Tel. +1 (312) 718-2814
[email protected]
2026-06-12 17:16 2mo ago
2026-05-26 12:00 3mo ago
Quantum Stocks Just Got a Lifeline—Who Benefits Most?
GFS Globalfoundries
FMP Stock News
Original source text
May 2026 has been a rollercoaster month for companies in the quantum computing industry, as leaders like D-Wave Quantum Inc. NYSE: QBTS, IonQ Inc. NYSE: IONQ, and Rigetti Computing NASDAQ: RGTI fell for much of the month, despite some promising Q1 results, before surging sharply toward month-end.

The swing upwards may be due to a recent announcement that the federal government is interested in providing incentives to a handful of domestic quantum firms. The U.S. Department of Commerce recently signed letters of intent with nine quantum computing companies—including both foundries and broader computing names—to provide more than $2 billion in funding through the CHIPS and Science Act.

Get D-Wave Quantum alerts:

The immediate move upward in share price is to be expected, but investors will want to know what this might mean for the industry over the longer term. A closer look at the three companies above—among the biggest names in quantum and established leaders in the field—may provide more context.

D-Wave: A Big Boost to a Cash Pile That's Already SizableD-Wave is slated to receive $100 million in funding from the Commerce Department as part of the incentives plan. Specifically, this funding will go toward advancements in both annealing and gate-model systems.

D-Wave Quantum Today

$23.63 -0.19 (-0.81%)

As of 01:16 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$12.75▼

$46.75Price Target$36.40

The firm has distinguished itself among quantum companies by taking this dual-focused approach, and an influx of cash may make a big difference in its timeline as it tries to balance technological developments in two areas at once.

Cash has not been a major concern for D-Wave for quite some time, as the company now has a solid history of building up strong cash reserves (and deploying that cash for key acquisitions, among other things). While $100 million will certainly help, the company was not hurting for capital. In this way, it's possible that the federal influx will be less transformative for D-Wave than it might be for a smaller firm or one with more modest reserves. Of course, a boost to D-Wave's defense and government procurement access will also be beneficial.

Rigetti: Cash Influx to Support Scaling, But Challenges RemainRigetti is another company slated to receive $100 million in planned funding. In this case, the company is charged with addressing challenges necessary to develop and scale superconducting architectures.

Rigetti Computing Today

RGTI

Rigetti Computing

$21.35 +0.72 (+3.48%)

As of 01:16 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$10.30▼

$58.15Price Target$29.18

This could add to Rigetti's strong history as a developer of superconducting quantum systems and could smooth over some of the company's execution consistency issues and scaling concerns.

The cash infusion will likely help Rigetti extend its runway separate from the success of its shares, to build its supply chain access, and, like D-Wave, to boost its integration into various federal and defense programs. As a smaller firm than IonQ, Rigetti may see a larger boost than some other firms targeted for support. Still, challenges to scaling superconducting systems are formidable, and Rigetti still faces an uphill battle compared to established rivals like IBM NYSE: IBM.

IonQ: Indirect Benefits, If AnyAlthough the federal government outlined a list of quantum companies slated to receive funding, IonQ was not included in the initial announcement of May 21. Investors may see this as a slight, given that IonQ is one of the most prominent publicly traded quantum firms. However, with a market capitalization more than double that of D-Wave and nearly triple that of Rigetti, IonQ may be better established than some of its rivals.

IonQ Today

$57.95 -0.04 (-0.07%)

As of 01:16 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$25.89▼

$84.64Price Target$68.63

Further, the federal awards seem to be primarily focused on fabrication and materials engineering, and IonQ's unique trapped-ion approach may rely less on fabrication infrastructure than some other firms, making it a less obvious candidate for funding support.

Regardless of the reason for not being included on the list, IonQ will likely benefit only indirectly from an overall surge in quantum computing stocks. Many of these firms' share prices are still moving largely in tandem, and IonQ already got a big boost following the announcement.

Potential DownsidesThe three firms above could benefit in different ways from federal government support, but none of them will receive nearly as much funding as GlobalFoundries Inc. NASDAQ: GFS and IBM, each slated to receive several times the $100-million incentive above to support foundry activities. Further, with a government stake, there may be concerns about shareholder dilution to wrestle with, which could, in fact, give IonQ an advantage in at least one way.

Should You Invest $1,000 in D-Wave Quantum Right Now?Before you consider D-Wave Quantum, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and D-Wave Quantum wasn't on the list.

While D-Wave Quantum currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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2026-06-12 17:16 2mo ago
2026-05-26 15:07 3mo ago
The U.S. Government Just Bet $2 Billion on 9 Quantum Computing Companies. Here's What It Means for Investors.
GFS Globalfoundries
FMP Stock News
Original source text
Shares of quantum computing companies erupted this past week after Washington revealed an unusually direct bet on the industry. On Thursday, the Department of Commerce said it had signed letters of intent to provide about $2.01 billion in funding from the 2022 CHIPS and Science Act to nine quantum companies. In exchange for the cash, the government will take a minority, non-controlling equity stake in each.

The market wasted no time. Tech veteran International Business Machines (IBM 0.64%), the largest recipient, climbed about 12% on Thursday. And the smaller, more speculative quantum names did far better still.

So what does all this federal money actually mean for investors? The answer depends a great deal on which of these stocks you're discussing.

Image source: Getty Images.

IBM is the steadiest way to play it Start with the company that grabbed the headlines. IBM is in line to receive $1 billion to launch Anderon, a new subsidiary that will build a quantum chip foundry in Albany, New York. The tech giant plans to match that with $1 billion of its own cash, putting the project's total price tag near $2 billion. Note that a second foundry award, $375 million, is slated to go to chipmaker GlobalFoundries (GFS +1.99%).

That is a meaningful vote of confidence in IBM's long-running quantum program.

But quantum barely registers in IBM's financial results today. The company generated $67.5 billion in revenue in 2025 and produced $14.7 billion in free cash flow -- its highest in over a decade. A $1 billion proposed award simply won't move numbers like those anytime soon.

What the money may do is accelerate a roadmap IBM has been chasing for years. On the company's fourth-quarter earnings call in January, CEO Arvind Krishna reiterated that IBM remains on pace to deliver its first large-scale, fault-tolerant quantum computer by 2029.

For now, though, anyone buying IBM is buying a profitable, diversified software and hardware business that happens to hold an early lead in quantum -- not a wager on quantum alone. Further, it's worth noting that the stock trades at a price-to-earnings ratio of about 22 and offers investors a dividend yield of 2.7%, a profile that looks nothing like the rest of this group.

Today's Change

(

-0.64

%) $

-1.77

Current Price

$

273.08

The smaller names are a different animal The pure-play quantum stocks are where the speculation -- and the risk -- lives.

D-Wave Quantum (QBTS 0.92%), Rigetti Computing (RGTI +3.30%), and Infleqtion (INFQ 1.77%), which only went public in February through a SPAC merger, each is in line for up to $100 million in proposed funding, and each soared more than 30% on Thursday. Together, those three names tacked on close to $5 billion in market value in a single session -- more than 15 times the $300 million in proposed awards they collectively stand to receive.

And the businesses underneath those valuations remain tiny. D-Wave, which calls itself the only company building both annealing and gate-model systems, took in just $2.9 million in revenue in the first quarter of 2026 and lost $18.4 million. Rigetti, maker of a recently launched 108-qubit machine, generated only $7.1 million in revenue for all of 2025 -- down from the prior year -- while posting a net loss of $216 million. To be fair, D-Wave's quarterly revenue was held back by the absence of a one-time system sale that had inflated the year-ago period, and its bookings recently hit a record. Even so, Rigetti carries a market capitalization above $8 billion as of this writing, on about $7 million of 2025 sales.

D-Wave, for its part, shared some optimistic comments about the news.

"We see this as a transformative moment for not just D-Wave, but also for quantum computing and the United States," said CEO Alan Baratz in a press release about the U.S. government's plan to obtain an equity stake in D-Wave and other quantum companies. That may well prove true over time.

But the rally may have gone too far. For starters, these are letters of intent, not finalized deals -- the awards still have to be completed.

Of course, Washington's planned funding is substantial -- and the long-term promise of quantum computing could be enormous. But for now, this remains a high-risk, fast-changing corner of the market, built far more on potential than on profits. Investors drawn in by the surge would be wise to tread carefully -- and to keep any position small.
2026-06-12 17:16 2mo ago
2026-05-27 09:35 3mo ago
Quantum Computing's Commercial Breakout Has Arrived
GFS Globalfoundries
FMP Stock News
Original source text
The quantum computing sector is undergoing a fundamental repricing, but the catalyst is not what most investors assume.

While the U.S. government's recent $2 billion capital injection via the CHIPS and Science Act provides a significant operational runway, the more profound structural shift is happening at the commercial level. The industry has finally crossed the chasm from theoretical lab physics to utility-scale industrial infrastructure, driven by a rapid acceleration in enterprise bookings, the maturation of recurring cloud-based revenue models, and a structural pivot toward high-yield commercial wafer fabrication.

For investors, this marks a critical inflection point. The speculative phase, once defined by academic milestones and prototype demonstrations, is giving way to a new era of tangible enterprise adoption, scalable manufacturing, and defensible business models. This evolution demands a fresh look at the key players who are not just building the future of computing, but are also constructing the commercial and industrial foundation for it today.

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Building the Quantum BackboneThe clearest signal of the industry's maturation is the pivot from bespoke, low-yield research projects to standardized, high-yield commercial fabrication. Two companies exemplify this crucial infrastructure build-out, positioning themselves as the essential picks and shovels of the new quantum economy.

International Business Machines Today

IBM

International Business Machines

$272.97 -1.88 (-0.69%)

As of 01:16 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$212.34▼

$332.46Dividend Yield2.48%

P/E Ratio24.13

Price Target$304.17

International Business Machines NYSE: IBM is leveraging its deep manufacturing expertise to anchor the domestic supply chain.

The new Anderon subsidiary, capitalized with $1 billion in federal funding and a matching $1 billion internal investment, is set to become a dedicated 300mm quantum wafer fabrication facility.

The strategic move separates the high-capital-expenditure foundry business from its core operations, allowing IBM to build a foundational manufacturing moat. This provides investors with direct exposure to the sector's long-term industrial potential, backed by IBM's formidable balance sheet and existing profitability.

Similarly, GlobalFoundries NASDAQ: GFS is carving out a critical niche as a multi-platform foundry. Its new Quantum Technology Solutions division, bolstered by a $375 million CHIPS Act grant, is engineered to produce quantum components across multiple modalities, including superconducting, trapped-ion, and photonic systems.

This positions GlobalFoundries not as a bet on a single winning technology but as an indispensable partner for the entire ecosystem. GlobalFoundries is set to capture value regardless of which modality ultimately dominates specific applications, making it a powerful horizontal play on the sector's overall growth.

From Lumpy Hardware to Predictable Cloud RevenueFor the pure-play quantum operators, the business model itself is undergoing a transformation that significantly de-risks their investment profile. The historical reliance on lumpy, unpredictable hardware sales is being replaced by the stable, recurring revenue streams of quantum-as-a-service (QaaS) platforms, which are proving their commercial viability.

D-Wave Quantum Today

$23.63 -0.19 (-0.81%)

As of 01:16 PM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$12.75▼

$46.75Price Target$36.40

D-Wave Quantum NYSE: QBTS offers a compelling case study.

A superficial look at its Q1 2026 earnings reveals a sharp revenue contraction. A deeper analysis, however, shows this was due to a non-recurring hardware sale in the prior year's quarter.

The real story lies in the bookings for D-Wave Quantum, which surged an astonishing 1,994% to $33.4 million, driven by major enterprise and institutional deals. This demonstrates accelerating demand for its hybrid quantum-classical cloud services, establishing a predictable, high-margin revenue base that is far more valuable than one-off system sales.

This trend is echoed across the sector. Rigetti Computing NASDAQ: RGTI is driving adoption through its Quantum Cloud Services platform, which now provides access to its newly available 108-qubit Cepheus-1 system.

By focusing on cloud access, these operators lower the barrier to entry for enterprise clients, accelerating the discovery of commercial use cases in financial modeling, pharmaceutical research, and logistics optimization.

It’s Not a Winner-Takes-All RaceWhile concerns about a winner-takes-all scenario persist, the sector's diversification across modalities such as superconducting, neutral-atom, and annealing technologies reduces overall risk and fosters resilience.

The field includes various modalities, each with unique strengths:

Superconducting Qubits: Pursued by leaders like IBM and Rigetti Computing, this is one of the most mature technologies for building universal gate-model quantum computers.

Neutral Atoms: Championed by newcomers such as Infleqtion NYSE: INFQ, this approach offers the potential for large qubit counts and strong connectivity, attracting significant attention and capital following its public market debut.

Quantum Annealing: The specialty of D-Wave Quantum, this modality is already delivering commercial value for complex optimization problems today, even as the dual-platform quantum computing company develops its own gate-model systems.

This technological diversity is a sign of a healthy, expanding market. It suggests the future of quantum computing will not be a monolith but a rich ecosystem of specialized solutions tailored to different problems, much like the classical computing world has both central processing units and graphics processing units.

Balancing Near-Term Risk With Long-Term RunwayRigetti Computing Today

RGTI

Rigetti Computing

$21.35 +0.72 (+3.48%)

As of 01:16 PM Eastern

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52-Week Range$10.30▼

$58.15Price Target$29.18

While the long-term outlook appears robust, investors must balance this potential against near-term financial realities. The pure-play operators are currently experiencing significant cash burn and deep margin compression as they invest heavily in research and development.

However, many are fortified with strong balance sheets. Rigetti Computing, for instance, holds approximately $569 million in cash with virtually no debt, providing a multi-year runway to execute its technology roadmap without the immediate threat of shareholder dilution.

For investors building a quantum portfolio, the paths to exposure are becoming clearer.

The infrastructure players, IBM and GlobalFoundries, offer a more conservative approach, grounding their quantum ambitions in profitable, cash-flow-positive legacy businesses.

The pure-play companies, including D-Wave Quantum, Rigetti Computing, and the recently public Infleqtion, present a higher-risk, higher-reward opportunity. Investors with a long-term horizon might consider watching these names closely as they translate technological breakthroughs into recurring enterprise revenue, marking the true beginning of the commercial quantum era.

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2026-06-12 17:16 2mo ago
2026-05-27 14:27 3mo ago
GLOBALFOUNDRIES Inc. (GFS) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript
GFS Globalfoundries
FMP Stock News
Original source text
GLOBALFOUNDRIES Inc. (GFS) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript
2026-06-12 17:16 2mo ago
2026-05-27 15:34 3mo ago
Institutional Order Flows Expand As Technology And Aerospace Drive Market Activity
GFS Globalfoundries
FMP Stock News
Original source text
Source: TradePulse | May 27, 2026

Market Overview

Observations from Current Flow Activity

• Meta Platforms Inc. currently leads the group in aggregate flow score, supported by strong momentum and institutional order flow activity

• Software, AI, enterprise technology, and cybersecurity participation remains active, led by AppLovin Corporation, ServiceNow Inc., CrowdStrike Holdings, and Spotify Technology

• Aerospace, transportation infrastructure, and industrial participation are represented through Boeing Company, Canadian Pacific Kansas City Limited, and Firefly Aerospace Inc.

• Semiconductor and technology-related ETF exposure continues to attract interest through Direxion Daily Semiconductor Bear 3X Shares, ProShares UltraPro Short QQQ ETF, and GlobalFoundries Inc.

• Crypto and digital asset-related participation is represented through IREN Limited, which is showing positive institutional and retail interest

Interpreting Flow and Momentum Signals

It is important to distinguish between capital inflows and short-term price performance, as flow activity and directional momentum do not always align.

Sector Positioning: Broad Participation Across Markets

The latest sector breakdown reflects diversified participation across several major market groups:

• Social Media, Digital Advertising & Internet Platforms: Meta Platforms Inc., Reddit Inc.

• Software, AI & Cybersecurity: AppLovin Corporation, ServiceNow Inc., CrowdStrike Holdings, Spotify Technology S.A.

• Aerospace, Defense & Industrial Infrastructure: Boeing Company, Firefly Aerospace Inc.

• Semiconductors & Leveraged Technology ETFs: GlobalFoundries Inc., Direxion Daily Semiconductor Bear 3X Shares, ProShares UltraPro Short QQQ ETF

• Crypto, Digital Assets & High-Performance Computing: IREN Limited

• Broad Market & Index ETF Exposure: SPDR S&P 500 ETF Trust

While technology-related equities continue to populate the inflow rankings, the inclusion of aerospace, crypto-related equities, and diversified ETF exposure suggests broader institutional participation across multiple areas of the market.

Implications for Market Participants

From an analytical perspective, current flow trends suggest:

• Sustained activity within social media, AI infrastructure, enterprise software, cybersecurity, and digital advertising-related equities

• Tactical positioning through leveraged semiconductor and Nasdaq-focused ETFs

• Increased participation in aerospace, industrial infrastructure, crypto-related equities, and transportation-related companies

• Continued institutional activity within diversified market ETFs and growth-oriented technology names

When combined with earnings data, economic indicators, and technical analysis, flow data metrics can provide a more comprehensive understanding of market positioning.

Closing Perspective

This material is for informational purposes only and should not be construed as investment advice or a recommendation to buy or sell any security. Past performance and observed flows are not indicative of future results.

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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2026-06-12 17:16 2mo ago
2026-05-29 13:27 3mo ago
5 Quantum stocks to watch as Trump backs sector with $2 billion
GFS Globalfoundries
FMP Stock News
Original source text
Following President Donald Trump’s recent announcement of $2.013 billion in federal incentives for quantum companies, Finbold has identified five stocks that stand to benefit the most as of May 29.

These five quantum stocks are based on these tailwinds: government validation, profitability, revenue momentum, and an upcoming Initial Public Offering (IPO).

Profitable Quantum stocks to consider IBM Corporation (NYSE: IBM) is the top quantum stock that received funding from the United States government. With decades of business experience, IBM reported a net income of $1.216 billion on $15.9 billion in revenue.

Over the past 30 days, IBM stock price surged by over 27%, trading around $289 on Friday. As such, the company had a market capitalization of approximately $248.3 billion.

IBM stock 30-day chart. Source: Finbold GlobalFoundries Inc. (Nasdaq: GFS) is a $44.2 billion quantum-focused company that received $375 million from the U.S. government. On the same day, the company launched Quantum Technology Solutions, a dedicated business unit with live customer engagements.

Having registered a revenue of $1.634 billion and $3.8 billion in reserve cash during the first quarter, its stock is well positioned to perform amid the quantum boom. Over the past 30 days, GFS stock price rallied more than 27%, trading at about $79.91 at the time of reporting.

GFS stock 30-day chart. Source: Finbold Revenue momentum bets IonQ, Inc. (Nasdaq: IONQ) could be a credible loss-maker on the list of top quantum stocks to consider. Furthermore, the company reported a revenue of $64.7 million in Q1 2026, representing 755% year-on-year growth.

Notably, IonQ raised its full-year guidance to between $260 million and $270 million. Although the company was not shortlisted for the U.S. government grant, its stock rallied 12% on the day of the announcement.

Over the past four weeks, IONQ stock rallied by over 63%, trading at roughly $68.83 on May 29.

IONQ stock 30-day chart. Source: Finbold Rigetti Computing, Inc. (Nasdaq: RGTI) received $100 million from the U.S. government, thereby securing its position in the quantum computing race. Moreover, its 108-qubit system is live on Amazon Braket and Azure Quantum as of press time.

The company’s Q1 revenue tripled year-on-year from $1.47 million to $4.4 million. With a $590 million cash position, Rigetti stock has the upper hand in the quantum race. Over the past 30 days, RGTI stock rallied by more than 56%, trading at around $25.15 at the time of publication.

RGTI stock 30-day chart. Source: Finbold Government-backed amid IPO Quantinuum Inc. is preparing to list on the NASDAQ exchange on June 4, 2026. The Honeywell-backed company received $100 million from the U.S. government to fast-track its quantum bid.

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2026-06-12 17:16 2mo ago
2026-05-29 21:04 3mo ago
GlobalFoundries Maps Path to 40% Margins as Silicon Photonics Demand Builds
GFS Globalfoundries
FMP Stock News
Original source text
Quantum Computing's Commercial Breakout Has ArrivedGlobalFoundries NASDAQ: GFS Chief Financial Officer Sam Franklin said the chipmaker sees a path to significantly higher profitability over the next several years, driven by a mix shift toward faster-growing end markets, technology services, manufacturing productivity and better utilization of its existing footprint.

Speaking at a TD Cowen event hosted by analyst Krish Sankar, Franklin said GlobalFoundries is targeting an exit gross margin of about 30% in 2026, 40% by the end of 2028 and 45% over the longer term. He said the company’s margin plan is tied to investments already made, customer design-win momentum and an expanded ability to serve customers earlier in the design process.

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Margin Targets Rely on Mix, Services and Scale Quantum Stocks Just Got a Lifeline—Who Benefits Most?Franklin said the company’s roughly 10-point margin bridge from 2026 to 2028 is based on four main factors: mix, technology services, manufacturing efficiency and scale. He said mix alone could contribute about five points of margin improvement over the next few years.

Communications infrastructure and data center is one example of the mix shift, Franklin said. The segment grew a little under 30% last year, about 32% in the first quarter and is expected to grow in the high-30% range for the full year. He also pointed to automotive and IoT as important margin contributors.

3 Stocks Trump Could Back Next as USA Rare Earths Revives the Federal Catalyst TradeFranklin said GlobalFoundries is also building its technology services revenue, historically referred to as non-wafer revenue. He cited the company’s acquisition of MIPS and the pending acquisition of Synopsys’ ARC IP business as part of a broader effort to build RISC-V capabilities. Technology services have historically been about 8% to 10% of revenue, were above 13% in the first quarter and are expected to be 12% to 14% over the longer term, he said.

CapEx Increase Tied to Demand Visibility Sankar asked whether the company’s expected $1.3 billion to $1.4 billion in capital spending this year is mainly related to silicon photonics. Franklin said silicon photonics is a major beneficiary, but not the only area receiving investment.

Franklin said net capital spending is expected to be in the range of 15% to 20% of revenue this year, up from 7% to 10% in recent years. He said the increase reflects stronger demand visibility, the ability to expand efficiently within the company’s existing facilities and support from government funding and customer partnerships.

In addition to silicon photonics, Franklin cited demand for FDX solutions and silicon germanium capabilities, including applications in data center transimpedance amplifier drivers. He said the company’s current three-year model does not rely on modular expansion and remains within its longer-term target of net CapEx at about 20% of revenue.

Silicon Photonics and Data Center Growth in Focus Franklin said GlobalFoundries sees two phases of growth in silicon photonics. The first is tied to pluggable optical transceivers, where he said the company has a strong position and a growing customer base following its acquisition of AMF last year. The company is targeting a $1 billion silicon photonics run rate exiting 2028.

The second phase is expected to come from co-packaged optics, with an inflection point in late 2028 into 2029. Franklin said the company has set a target of $2 billion in silicon photonics revenue over the longer term. He said GlobalFoundries recorded two tape-outs on its co-packaged optics solution in the first quarter.

Franklin described GlobalFoundries’ SCALE platform as an ecosystem-based silicon photonics co-packaged advanced light engine solution. He said the company has invested more than $1 billion in R&D and CapEx over roughly a decade to develop its photonics capabilities. He added that GlobalFoundries can manufacture an electrical integrated circuit within its own technology nodes, while also supporting third-party EICs developed on single-digit nanometer nodes.

Franklin said the company is working with several founding members of the OCI MSA and believes its solution exceeds the demand requirements under those principles. He also said GlobalFoundries and TSMC are the only companies with “fully fledged” co-packaged optics solutions taping out in the market today, while adding that he does not expect the market to have a single winner.

Quantum, Satellite and Defense Opportunities Franklin said GlobalFoundries does not have a strong need to pursue single-digit nanometer logic, saying the company’s served available market can nearly double toward the end of the decade and into the 2030s using technologies greater than 10 nanometers. He pointed to automotive, IoT, communications infrastructure, data center and smart mobile as markets where the company’s portfolio fits customer requirements.

On satellite communications, Franklin said low Earth orbit satellite-related revenue is expected to grow from a “standing start” in 2024 to about $100 million in 2025. He said GlobalFoundries is supporting commercial satellite communications customers with RF front-end content and 22FDX solutions for beamforming applications.

Franklin also discussed aerospace and defense, which GlobalFoundries categorizes within IoT. He said the company remains a trusted foundry with a relationship with the U.S. Department of Defense, and noted that first-quarter technology services revenue included healthier mask and reticle-related revenue tied to aerospace and defense applications.

On quantum computing, Franklin called a recently announced $375 million CHIPS R&D grant a strong endorsement of GlobalFoundries’ role in the semiconductor ecosystem and quantum technology. He said the company aims to be a “quantum foundry of choice” with a modality-agnostic platform, using FDX, advanced packaging and quantum process design kits. Franklin said the U.S. government’s approximately 1% equity stake is viewed separately from grant funding and is not expected to include restrictions similar to prior CHIPS Act frameworks.

Capital Returns and Mubadala Ownership Franklin said GlobalFoundries’ long-term plan is not premised on growth in smart mobile devices, though the category remains important. Smart mobile accounted for about 34% of first-quarter revenue, the lowest level in the company’s history, he said, as other end markets have grown faster.

The CFO said the company is moving toward a more systematic capital allocation framework. He said GlobalFoundries plans to return about 50% of free cash after investments to shareholders, including through a newly initiated dividend. He also said the board approved $500 million in share repurchases at the start of the year, of which about $400 million has been completed.

Addressing Mubadala’s ownership, Franklin said management supports more float coming into the stock. He noted that Mubadala recently sold shares and said the activity reflects investor appetite for GlobalFoundries’ strategy. He described Mubadala as a “thoughtful and patient” majority shareholder and said the company continues to view its support positively.

About GlobalFoundries NASDAQ: GFSGlobalFoundries, Inc NASDAQ: GFS is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in GlobalFoundries Right Now?Before you consider GlobalFoundries, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GlobalFoundries wasn't on the list.

While GlobalFoundries currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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2026-06-12 17:16 2mo ago
2026-05-30 19:00 3mo ago
Every Big Tech Company Is Solving AI the Same Way. This Stock Is Solving It Differently.
GFS Globalfoundries
FMP Stock News
Original source text
The artificial intelligence (AI) playbook is familiar by now: Build a bigger GPU cluster. Add more Blackwell chips. Throw more electricity at the problem. If the chips get hot, build the data center next to a river. If the bandwidth runs out, lay more copper.

That is how Amazon, Alphabet, Microsoft, and Meta Platforms are solving AI in 2026. And it works -- until it runs into physics.

One company looked at that same problem and arrived at a different answer. GlobalFoundries (GFS +1.99%) is betting that the real bottleneck in AI infrastructure is not compute power. It is the wire connecting the chips and replacing that wire with light.

Today's Change

(

1.99

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1.61

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$

82.35

The copper wall nobody talks about Inside every AI data center, thousands of chips must share information at enormous speeds. Right now, most of that communication travels through copper, which is running out of room. It generates heat, loses signal over distance, and consumes power in ways that become painful at scale. Every time an AI model gets bigger, the copper problem gets worse.

The industry has known this for years. The solution has a name: co-packaged optics (CPO). The idea is to move optical transceivers, components that transmit data through light rather than electricity, directly alongside the chip, shrinking the distance data has to travel through copper to almost nothing. The result is faster, cooler, more power-efficient AI infrastructure.

In May 2026, GlobalFoundries announced SCALE -- Silicon photonics Co-packaged Advanced Light Engine solution -- the industry's first platform to meet the Optical Compute Interconnect Multi-Source Agreement specifications for AI scale-up architectures. The platform uses both coarse and dense wavelength-division multiplexing (DWDM) over each optical fiber to push bandwidth density and scalability past what copper can do, and GlobalFoundries has already demonstrated 8λ and 16λ bi-directional DWDM natively on its platform -- a milestone the company describes as fundamental to everything that follows.

Image source: Getty Images.

The part of the stack everyone is chasing Here's the thing about silicon photonics that gets lost in the GPU coverage: It is a manufacturing problem as much as a physics problem. Designing a silicon photonic chip is hard. Building it at scale, with the precision required for optical fiber alignment, in volume, for hyperscale data centers is harder.

GlobalFoundries has spent years developing the process technology to do exactly that. Its silicon photonics platform supports 50 Gbps and 100 Gbps micro-ring modulators, broadband detachable fiber interfaces, and flat insertion loss characteristics that future-proof the platform as wavelength counts scale. In November 2025, the company acquired Advanced Micro Foundry in Singapore, a specialized silicon photonics manufacturer, adding manufacturing assets, intellectual property, and engineering depth that would take years to build from scratch.

That acquisition gave GlobalFoundries production capacity for silicon photonics in Singapore, a geography that matters for supply chain diversification amid elevated U.S.-China semiconductor tensions. The company is building a platform that the hyperscalers need and very few manufacturers can actually deliver.

GlobalFoundries dropped 10% in one day, but I'm not worried GlobalFoundries fell nearly 10% on May 27, dragged down by Mubadala's alleged stock sale. Mubadala is Abu Dhabi's sovereign wealth fund and was formerly the controlling shareholder of GlobalFoundries. Despite the stock drop, the long-term Motley Fool framing wins here.

GlobalFoundries' story is intact. The SCALE announcement sent the stock up 12% in a single session just weeks ago. A Q1 2026 earnings beat followed. Silicon photonics revenue is expected to nearly double again in 2026, with over 500 design wins logged in 2025 and momentum building. A sell-off does not change those facts.

Also, the U.S. government is backing GlobalFoundries with a proposed $375 million award to help build out domestic quantum manufacturing infrastructure.

Every major hyperscaler is asking how to train bigger models faster. GlobalFoundries is asking a different question: How do you move data between chips without the infrastructure melting?

Co-packaged optics is the answer. The company building the manufacturing platform to deliver it at scale is still, on most days, filed under "semiconductor foundry." On days it drops 10% for reasons unrelated to its most important business, that drop becomes an opportunity.
2026-06-12 17:16 2mo ago
2026-06-02 01:59 3mo ago
Sivers & GlobalFoundries Advance AI Data Center Optical Solutions
GFS Globalfoundries
FMP Stock News
Original source text
Sivers' laser arrays to support GlobalFoundries' silicon photonics platform and SCALE™ optical engine solutions targeting a $25B Pluggable Optics market by 2030

, /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced a strategic collaboration with GlobalFoundries (NASDAQ: GFS) (GF), to develop advanced silicon photonics solutions for the high-growth AI infrastructure market.

Sivers Semiconductors' laser arrays will be integrated into reference designs built on GF's silicon photonics platform. The collaboration supports a range of optical connectivity architectures, including co-packaged optics (CPO), linear pluggable optics (LPO), and other emerging data center interconnect solutions. Sivers' laser arrays will also be available in GF's Silicon Photonics Co-packaged Advanced Light Engine (SCALE™) platform for next-generation optical sub-assemblies and light engine architectures. GF's SCALE CPO solution combines integrated photonic devices, coarse and dense wavelength-division multiplexing (CWDM, DWDM) and advanced packaging enablement to improve bandwidth density and system scalability.

"The rapid expansion of AI workloads and hyperscale data center architectures demand advanced photonics technologies that deliver higher bandwidth, improved energy efficiency, and scalable optical connectivity," said Raymond Biagan, CRO at Sivers Semiconductors. "Our collaboration with GlobalFoundries positions both companies at the leading edge of silicon photonics innovation."

"GlobalFoundries continues to see strong momentum for silicon photonics solutions as AI data center architectures evolve toward higher bandwidth density and improved power efficiency," said Vikas Gupta, Senior Fellow, Silicon Photonics Product Line at GlobalFoundries. "Pairing Sivers Semiconductors' laser array technology with our silicon photonics and SCALE CPO platforms provides our customers with advanced, scalable optical engine solutions for high-bandwidth co-packaged optics and optical interconnects."

For more information, please visit https://www.sivers-semiconductors.com/. 

About Sivers Semiconductors 

Sivers Semiconductors is a critical enabler of a greener data economy with energy-efficient photonics & wireless solutions. Our differentiated high-precision laser and RF beamformer technologies help our customers in key markets such as AI Datacenters, SATCOM, Defense and Telecom solve essential performance challenges while enabling a much greener footprint. For additional information, please visit us at: www.sivers-semiconductors.com. (SIVE.ST)

About GF 

GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF's talented, global team remains focused every day on security, longevity and sustainability. For more information, visit www.gf.com.

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SOURCE Sivers Semiconductors
2026-06-12 17:16 2mo ago
2026-06-02 05:00 3mo ago
Northern Trust Announces Asset Servicing Leadership Changes
GFS Globalfoundries
FMP Stock News
Original source text
Northern Trust (Nasdaq: NTRS) today announced changes within its Asset Servicing business, effective 1 June 2026, aligning leadership across the business and positioning it for long-term growth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602949046/en/

Nick Gilbert has been appointed head of Asset Servicing, Europe, Middle East and Africa (EMEA), a newly expanded role with responsibility for both asset owners and asset managers, aligning the EMEA region’s structure with Northern Trust’s model in North America and Asia-Pacific.

Nick Gilbert has been appointed head of Asset Servicing, Europe, Middle East and Africa (EMEA), a newly expanded role with responsibility for both asset owners and asset managers, aligning the EMEA region’s structure with Northern Trust’s model in North America and Asia-Pacific. Gilbert brings more than 20 years of experience across operations, strategy and transformation, and most recently led Global Fund Services (GFS) in the region.

As part of these changes and following the planned retirement of James Wright, head of Asset Owners, EMEA at the end of 2026, Wright’s responsibilities will transition to two senior leaders. Kimberly Evans has been appointed to the newly created role of head of Enterprise Strategic Relationships where she will focus on bringing together Northern Trust’s full capabilities to deliver integrated solutions for sophisticated, high-value prospect, client, and vendor relationships globally. Evans most recently served as Northern Trust’s head of Corporate Sustainability, Inclusion and Social Impact and previously led our Private Capital (Trades, Portfolio) Fund Services and Governmental & Sovereign Wealth Pension and Treasury Fund businesses in North America.

Ian Hamilton has been appointed head of Asset Owners, EMEA, in an expanded role. Hamilton brings nearly a decade of experience at Northern Trust servicing asset owners and most recently led Asset Owners Europe, where he contributed to growth across pensions, fiduciary managers and sovereign entities. With experience spanning over 25 years, he also brings institutional client experience from previous roles in the industry.

“These appointments build on our strong leadership while enhancing alignment across the organisation,” said Clive Bellows, co-president, Asset Servicing and president for Europe, the Middle East and Africa (EMEA) at Northern Trust. “By bringing together deep expertise, we are strengthening how we serve clients and helping them navigate an increasingly complex market environment.”

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2026, Northern Trust had assets under custody/administration of US$18.6 trillion, and assets under management of US$1.8 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260602949046/en/

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2026-06-12 17:16 2mo ago
2026-06-02 08:30 3mo ago
GlobalFoundries completes acquisition of Synopsys' Processor IP Solutions Business, delivering a holistic technology platform for Physical AI
GFS Globalfoundries
FMP Stock News
Original source text
Combines GF's Physical AI portfolio with MIPS' RISC-V and software-to-silicon expertise to accelerate custom, software-first products for automotive, industrial and agentic edge platforms June 02, 2026 08:30 ET  | Source: GlobalFoundries Inc.

MALTA, N.Y., June 02, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced the completion of its previously-announced acquisition of Synopsys’ ARC Processor IP Solutions business. Combined with MIPS, by GF, the acquisition establishes GF as a technology partner offering customers a software-to-silicon capability purpose built for Physical AI. Synopsys retains and continues to expand its broad portfolio of interface and foundation IP, while GF assumes ownership and stewardship of the ARC processor IP business. MIPS combined with ARC brings together RISC-V processor IP, software tools, custom design and advanced manufacturing into a single offering, while also expanding GF’s engineering depth with world-class processor and AI talent to accelerate innovation.

“Physical AI is driving tighter integration of compute, software and process technology and customers need a partner who can support them across all three together,” said Sameer Wasson, CEO of MIPS, by GF. “With MIPS and ARC united, GF delivers the software, IP and custom silicon capabilities our customers need to build differentiated, application-specific solutions across automotive, industrial robotics and embedded systems, enabling us to operate as a holistic technology partner and engage throughout the design cycle.”

Agentic AI is rapidly extending beyond the data center into the physical world, driving new physical AI and autonomous platforms across automotive radar and advanced driver-assistance systems to industrial robotics, smart factories and the next generation of IoT devices. These systems must now sense, think, act and communicate in real time under tight power and latency constraints, making differentiated silicon spanning compute, AI acceleration, sensing and connectivity, critical to performance and adoption.

“As automotive and industrial systems become increasingly real-time and AI-driven, we need a technology partner that can bring together standards-based IP and optimized silicon design at scale, with the supply resilience our industry now requires,” said Thomas Schneid, VP of Automotive Software and Ecosystem, Infineon. “GlobalFoundries' combination of MIPS and ARC processor IP with its manufacturing scale provides companies strong end-to-end foundation to build differentiated, power-efficient solutions for next-generation intelligent systems.”

With the transaction complete, the ARC processor IP business becomes part of GF's expanding Physical AI portfolio within MIPS. Together, MIPS and ARC form a world-class RISC-V processor IP suite spanning high-performance, mid-range and ultra-low-power compute and AI cores, backed by more than 150 patents and a global ecosystem of over 300 IP customers. The acquired portfolio also includes the application-specific instruction set (ASIP) processor tools, ASIP Designer and ASIP Programmer, empowering customers to design and program custom processors tailored to their specific workloads. Paired with GF's design enablement, custom silicon capabilities, advanced software tools and global manufacturing footprint, customers gain a single partner from architecture to silicon, enabling early engagement, differentiated product development and faster time-to-market.

GF is working closely with Synopsys to ensure a smooth transition for employees, customers and partners. For more information about MIPS ARC processor solutions, visit mips.com/arc.

About GF
GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF’s talented, global team remains focused every day on security, longevity and sustainability. For more information, visit gf.com.

© 2026 GlobalFoundries Inc. GF®, GlobalFoundries®, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All other trademarks are the property of their respective owners.

About MIPS
MIPS, by GlobalFoundries, is a leading provider of RISC-V IP, software and custom ASSP for physical AI platforms. With over 40 years of history in computing innovation and mission critical platforms, MIPS is uniquely positioned to advance the adoption of Physical AI in transportation, robotics, and other embedded markets. MIPS technology is based on the open RISC-V instruction set architecture and uses virtual platforms to enable a modular, standards-based approach to workload-focused solutions. For more information visit mips.com.

Forward-looking information
This news release may contain forward-looking statements, which involve risks and uncertainties. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. GF undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.

Media Contacts:
Erica McGill
[email protected]

James Prior
[email protected]
2026-06-12 17:16 2mo ago
2026-06-03 08:30 3mo ago
GlobalFoundries joins U.S. Department of Energy's Genesis Mission as industry partner
GFS Globalfoundries
FMP Stock News
Original source text
Partnership paves the way to pair AI-enabled semiconductor design with GF's U.S. manufacturing platform to bridge the gap from research to prototype for next-generation computing initiatives June 03, 2026 08:30 ET  | Source: GlobalFoundries Inc.

MALTA, N.Y., June 03, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) today announced a strategic partnership with the U.S. Department of Energy's Genesis Mission, the department's initiative to accelerate scientific discovery through artificial intelligence and advanced computing.

Through the agreement, GF will open its U.S. manufacturing platform and design enablement resources to Genesis Mission researchers — giving the nation's National Laboratories, universities, industry partners and startups a direct path from AI-enabled chip design to working prototype silicon. GF Labs, the company's frontier research and development organization, will lead collaboration with the Genesis Mission.

Progress in AI and advanced computing depends on more than algorithms and ideas; it depends on the ability to turn them into devices. As a semiconductor manufacturing engine accelerating America's technology leadership, GF brings the manufacturing capacity and design enablement that connect three communities — the National Labs, universities and industry — around a shared path from concept to silicon.

"American science is generating extraordinary ideas in AI and advanced computing. What's been missing is the bridge from lab to fab," said Tom Caulfield, executive chairman of GlobalFoundries. "By bringing our U.S. manufacturing platform, our PDKs and our multi-project wafer program to the Genesis Mission, we can give researchers a real path from concept to working silicon — and help the National Labs, universities and industry pull in the same direction."

Areas of collaboration

Working through GF Labs, the partnership contemplates cooperation in several areas of mutual interest, including:

AI-enabled semiconductor designAccess to GF technology platforms, including process design kits, device models and design enablement resources for Genesis Mission-supported research teams.Prototype fabrication through GF's multi-project wafer program, giving researchers a manufacturable route from design to silicon.Support for the translation of research outputs into functional prototypes and pre-commercial designs.Advancement of next-generation technologies, including silicon photonics for data centers and quantum computing for quantum-systems discovery.
About the Genesis Mission

The Genesis Mission is a U.S. Department of Energy initiative, led by the Under Secretary for Science, to accelerate scientific discovery through artificial intelligence and advanced computing. Industry partners contribute technical expertise, capabilities and infrastructure to advance the mission's objectives in partnership with the national laboratories and the academic research community.

About GF

GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF’s talented, global team remains focused every day on security, longevity and sustainability. For more information, visit www.gf.com. © 2026 GlobalFoundries Inc. GF®, GlobalFoundries®, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All other trademarks are the property of their respective owners.

Contact
Kenneth Craig
GlobalFoundries
[email protected]
2026-06-12 17:16 2mo ago
2026-06-03 10:16 3mo ago
Can GlobalFoundries' ARC Acquisition Strengthen Its Physical AI Push?
GFS Globalfoundries
FMP Stock News
Original source text
Key Takeaways GFS completed Synopsys' ARC Processor IP acquisition, expanding its Physical AI portfolio.GFS combines ARC and MIPS to broaden RISC-V IP across performance and power needs.GlobalFoundries adds design tools, patents and AI talent to support custom intelligent systems. GLOBALFOUNDRIES Inc. (GFS - Free Report) has completed the acquisition of Synopsys’ ARC Processor IP Solutions business, a move that expands its presence in the growing Physical AI market. The transaction combines ARC’s processor intellectual property portfolio with MIPS, GlobalFoundries’ recently acquired processor IP business, creating a broader platform that spans processor design, software tools, custom bb development and manufacturing.

The deal comes as artificial intelligence workloads increasingly move beyond data centers into real-world applications such as advanced driver-assistance systems, industrial robotics, smart factories and connected devices. These applications require chips that can process data in real time while operating within strict power and latency limits, increasing the need for specialized semiconductor solutions.

By bringing together MIPS and ARC, GlobalFoundries gains a wider range of RISC-V processor IP covering high-performance, mid-range and ultra-low-power computing applications. The acquisition also adds application-specific instruction set processor tools, enabling customers to develop processors tailored to specific workloads and use cases. The combined portfolio includes more than 150 patents and serves a global ecosystem of over 300 IP customers, strengthening GlobalFoundries’ position in processor IP.

The transaction strengthens GlobalFoundries’ ability to participate earlier in the semiconductor design cycle rather than serving solely as a manufacturing partner. The company can now offer processor IP, software development tools, custom chip design support and manufacturing services through a more integrated software-to-silicon model. The acquisition also expands the company’s engineering capabilities with additional processor and AI talent.

The expanded portfolio is particularly relevant for automotive and industrial markets, where demand is rising for AI-enabled systems that require greater computing efficiency and reliability. As Physical AI adoption grows, the acquisition positions GlobalFoundries to address a broader portion of the semiconductor value chain while supporting customers developing application-specific intelligent systems.

GlobalFoundries’ Competitive LandscapeGlobalFoundries competes with KLA Corporation (KLAC - Free Report) and United Microelectronics Corporation (UMC - Free Report) across different segments of the semiconductor industry.

KLA benefits from rising demand for process control, inspection and metrology solutions as chip designs become more complex. Growing investments in advanced packaging, high-bandwidth memory and leading-edge semiconductor manufacturing continue to support demand for KLA’s portfolio. Increasing process control intensity across semiconductor production also remains a key growth driver.

UMC focuses primarily on mature-node semiconductor manufacturing and serves customers across automotive, industrial and communications markets. The company benefits from demand for specialty technologies and long-standing relationships with customers seeking cost-effective manufacturing solutions.

GlobalFoundries differentiates itself through its focus on essential semiconductor technologies, including RF, connectivity, power management and silicon photonics solutions. The addition of ARC processor IP capabilities further expands the company’s ability to support Physical AI applications through a combination of processor technology, custom silicon development and manufacturing expertise.

Overall, GlobalFoundries, KLA and UMC are positioned to benefit from growing semiconductor demand, though each company participates in different parts of the semiconductor value chain, creating distinct growth opportunities across manufacturing, process control and specialty technologies.

GFS’s Stock Price Performance & Valuation TrendShares of GlobalFoundries have increased 125.1% in the past six months, outperforming the Zacks Electronics - Semiconductors’ 46.6% rise. 

Image Source: Zacks Investment Research

GFS stock is currently trading at a discount compared with its industry peers, with a forward 12-month price-to-earnings (P/E) ratio of 38.44, as evidenced by the chart below.

Image Source: Zacks Investment Research

Earnings Estimate Revision of GFSGFS’ earnings estimates for 2026 and 2027 have trended upward in the past 30 days to $1.89 and $2.62 per share, respectively. The revised estimates for 2026 and 2027 imply year-over-year growth of 9.9% and 38.6%, respectively.

Image Source: Zacks Investment Research

GFS currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-12 17:16 2mo ago
2026-06-08 11:51 3mo ago
GFS Stock Surges 59% in 3 Months: Buy or Wait for a Pullback?
GFS Globalfoundries
FMP Stock News
Original source text
GLOBALFOUNDRIES jumps 59% in three months as AI, automotive and silicon photonics demand accelerate, but valuation and market risks may warrant patience.
2026-06-12 17:16 2mo ago
2026-06-10 07:35 3mo ago
GlobalFoundries and Qualinx Demonstrate First European Sovereign Manufacturing Flow for Security‑Critical Semiconductors
GFS Globalfoundries
FMP Stock News
Original source text
First end-to-end European chip manufacturing flow proven for aerospace, defense, IoT, consumer electronics and critical infrastructure

DRESDEN, Germany & DELFT, Netherlands--(BUSINESS WIRE)--GlobalFoundries (GF) and Qualinx today announced the successful completion of the first fully European-based, end-to-end semiconductor manufacturing flow at GlobalFoundries’ Dresden fab on its FDX technology. The milestone demonstrates that security-critical chips for aerospace, defense and critical infrastructure can be designed, manufactured and delivered entirely within Europe.

"This first secure product demonstrates that a fully European manufacturing path – from mask services to wafer production – is already a reality today,” said Qualinx CEO Tom Trill.

Share In this partnership, Qualinx served as the launch customer with a sophisticated GNSS SoC design for secure Positioning, Navigation and Timing (PNT) applications. The QLX3xx design targets sovereign GNSS-based PNT solutions for aerospace, defense and critical infrastructures—such as resilient timing and synchronization networks and highly integrated, ultra-low-power GNSS receivers at the connected edge.

GF and Qualinx Set a Benchmark for GF’s European Sovereign Manufacturing co-funded by the European Chips Act, GF’s Dresden fab is establishing its European sovereign manufacturing flow, consolidating every step of the production process — from design intake and mask services to wafer manufacturing — within the European Union. No sensitive design data or physical materials leave Europe, meeting the strict regulatory and security requirements of European governments, defense agencies, system integrators and critical infrastructure operators.

“We are demonstrating that Europe can rely on a secure, end-to-end semiconductor manufacturing flow that meets the highest requirements of aerospace and defense,” said Dr. Manfred Horstmann, Senior Vice President and General Manager at GlobalFoundries. “Our partnership with Qualinx marks the first operational milestone: it shows that complex, security-relevant ASIC designs for aerospace, defense, and critical infrastructure can already be industrialized today using a fully European, trusted manufacturing path.”

“This first secure product demonstrates that a fully European manufacturing path – from mask services to wafer production – is already a reality today,” said Tom Trill, CEO of Qualinx. “Together with GlobalFoundries, we’ve optimized our Digital RF technology on GF’s FDX with a secure end-to-end flow, culminating in the launch of our ultra-low-power reconfigurable GNSS SoC and Analog Front End. This milestone underscores our ability to deliver trusted, energy-efficient solutions while maintaining full control over IP, data and the supply chain within Europe.”

Roadmap: Scaling European Sovereign Manufacturing. The tape‑out realized with Qualinx represents the first operational milestone on the path toward a fully automated trusted European flow, which GF aims to establish in Dresden by the end of 2026. Starting in 2027, aerospace and defense, as well as critical infrastructure customers, will be able to use this automated flow as part of regular foundry engagements, including the integration of European IP partners, mask houses and OSAT service providers to ensure a consistent, European-anchored value chain.

Already today, a number of European system and module manufacturers from aerospace and defense, as well as operators of critical infrastructure, are in discussions with GF to map upcoming product generations onto GF’s sovereign manufacturing flow. The successful start with Qualinx serves as a strong proof point and reduces both technical and regulatory risks for subsequent programs.

To further strengthen its European sovereign manufacturing flow, GF is also working with leading European connectivity and cloud providers to secure data flows across the entire semiconductor value chain. In a joint project with Deutsche Telekom, GF is assessing how production-related data from design and tape-out through manufacturing, test and quality can be processed, transported and stored entirely within Europe on European networks, cloud infrastructures and data centers. The resulting practices in secure data routing, encryption and access management for highly sensitive A&D and critical infrastructure workloads will feed directly into the scaling of GF’s European sovereign manufacturing model.

About GlobalFoundries

GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data centers, smart mobile devices, the Internet of Things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF’s talented, global team remains focused every day on security, longevity and sustainability. For more information, visit www.gf.com.

About Qualinx

Qualinx is a European deep-tech semiconductor company redefining ultra-low-power connectivity for the connected edge. Its proprietary Digital Radio Frequency technology implements traditional analog receive-chain functions in digital hardware building blocks, powering GNSS, PNT and PVT chipsets and modules that deliver secure, scalable and reconfigurable tracking solutions for wearables, consumer electronics, automotive, fleet, pet, and asset tracking applications.

Founded in 2015 and headquartered in Delft, the Netherlands, Qualinx delivers next-generation Digital RF semiconductors designed for real-world deployment and long device lifecycles. Follow Qualinx on LinkedIn or learn more at https://www.qualinx.io.

For reasons of readability, the masculine form is used in this press release. Corresponding terms are intended to apply equally to all genders.
2026-06-12 17:16 2mo ago
2026-06-10 11:41 3mo ago
Can Higher-Margin Businesses Fuel Further Earnings Growth at GFS?
GFS Globalfoundries
FMP Stock News
Original source text
Key Takeaways GFS is expanding higher-margin businesses, including silicon photonics, SiGe and technology services.Communications Infrastructure & Data Center revenues rose 32% year over year in the first quarter.GFS posted a record first-quarter gross margin of 29%, up 510 basis points year over year. GLOBALFOUNDRIES Inc. (GFS - Free Report) is increasingly shifting its business toward higher-margin segments, a strategy that appears poised to support further earnings growth in the coming years. During the first-quarter 2026 earnings call, management highlighted strong momentum in silicon photonics, high-performance silicon germanium (SiGe), and technology services, all of which carry margins above the company average.

A key growth driver is the Communications Infrastructure & Data Center business, which posted 32% year-over-year revenue growth in the first quarter. Demand for silicon photonics solutions used in AI data centers and optical networking remains robust, while GF’s SiGe capacity is already oversubscribed through 2027. Management noted that these offerings are meaningfully margin accretive and are expected to contribute substantially to long-term revenue and profit expansion.

Another emerging earnings lever is Technology Services, which includes intellectual property, software, licensing and engineering services. This segment represented 13% of first-quarter revenues, exceeding expectations. The integration of MIPS and the pending acquisition of Synopsys’ ARC IP business are expected to increase the contribution from software and licensing revenues, which typically generate higher margins than traditional wafer manufacturing. Management expects Technology Services to become a larger share of revenue over time and views it as a durable source of high-quality growth.

The benefits of this mix shift are already visible. GFS delivered a first-quarter gross margin of 29%, up 510 basis points year over year, marking its strongest first-quarter margin performance on record. Management attributed much of the improvement to growth in higher-value businesses and expects continued profitability gains as these segments expand.

Given the accelerating demand for AI-related networking solutions and the growing contribution from technology services, higher-margin businesses appear well-positioned to fuel GFS’ next phase of earnings growth.

How Do Competitors Compare in High-Margin Growth Markets?GLOBALFOUNDRIES is not alone in pursuing higher-margin opportunities tied to AI infrastructure and advanced connectivity. A notable competitor is United Microelectronics Corporation (UMC - Free Report) , which operates in the mature-node foundry market and serves customers across communications, automotive and industrial applications. While UMC benefits from a diversified customer base, GFS has been more aggressive in expanding into silicon photonics, high-performance SiGe and AI-driven networking solutions, areas that offer stronger long-term margin potential.

Another relevant competitor is Semtech Corporation (SMTC - Free Report) . Semtech has significant exposure to high-speed optical connectivity and data-center infrastructure through its networking and signal-integrity products. However, GFS participates earlier in the semiconductor value chain by manufacturing key silicon photonics and optical-networking components. As AI data-center investments accelerate, GFS’ growing mix of silicon photonics, technology services and licensing revenues could support stronger margin expansion and earnings growth relative to many industry peers.

GFS’ Stock Price Performance & Valuation TrendShares of GlobalFoundries have surged 88.2% in the past six months, outperforming the Zacks Electronics - Semiconductors’ 30.3% growth.

Price Performance
Image Source: Zacks Investment Research

GFS stock is currently trading at a premium to its industry peers, with a forward 12-month price-to-earnings (P/E) ratio of 43.61, as shown in the chart below.

P/E (F12M)
Image Source: Zacks Investment Research

Earnings Estimate Revision of GFSGFS’ earnings estimates for 2026 and 2027 have trended upward in the past 60 days to $1.89 and $2.62 per share, respectively. The revised estimates for 2026 and 2027 imply year-over-year growth of 9.9% and 38.6%, respectively.

Image Source: Zacks Investment Research

GFS currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-12 17:16 2mo ago
2026-04-15 16:05 4mo ago
Clearway Energy, Inc. to Report First Quarter 2026 Financial Results on May 7th, 2026
CWEN-A Clearway Energy
FMP Stock News
Original source text
April 15, 2026 16:05 ET  | Source: Clearway Energy, Inc

PRINCETON, N.J., April 15, 2026 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2026 financial results on Thursday, May 7th, 2026. Management will present the results during a conference call and webcast at 5:00 p.m. Eastern.

A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the Investor Relations section. The webcast will be archived on the site for those unable to listen in real time.

About Clearway Energy

About Clearway Energy, Inc.
Clearway Energy, Inc. is one of the largest owners of clean energy generation assets in the U.S. Our portfolio comprises approximately 12.9 GW of gross capacity in 27 states, including approximately 10.1 GW of wind, solar and battery energy storage systems and approximately 2.8 GW of conventional dispatchable power capacity that provide critical grid reliability services. Through our diversified and primarily contracted clean energy portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income. Clearway Energy, Inc.’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols CWEN and CWEN.A, respectively. Clearway Energy, Inc. is sponsored by its controlling investor, Clearway Energy Group LLC. For more information, visit  investor.clearwayenergy.com .

Investor:
Akil Marsh, 609-608-1500
[email protected]

Media:
Julia Poska, 630-254-1853
[email protected]
2026-06-12 17:16 2mo ago
2026-04-16 16:05 4mo ago
Clearway Energy, Inc. Urges Stockholders to Vote “FOR” Charter Amendment Proposal to Simplify Public Share Class Structure
CWEN-A Clearway Energy
FMP Stock News
Original source text
April 16, 2026 16:05 ET  | Source: Clearway Energy, Inc

PRINCETON, N.J., April 16, 2026 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (the “Company”) today reminds all stockholders to vote “FOR” the proposal to amend and restate the Company’s certificate of incorporation (the “Charter Amendment Proposal”), as recommended by the Board of Directors of the Company (the “Board”), to simplify the Company’s public share class structure into a single share class at this year’s Annual Meeting of Stockholders (the “Annual Meeting”) scheduled to take place on April 29, 2026. Stockholders are encouraged to visit www.votefor.clearwayenergy.com for more information on the Charter Amendment Proposal and how to vote.

If approved, the Charter Amendment Proposal is expected to benefit stockholders by enhancing the appeal of the Company’s stock and increasing stockholder value.

Leading independent proxy advisory firm Institutional Shareholder Services (“ISS”) has recognized the benefits of the proposal and has recommended stockholders vote “FOR” the proposal. In its April 9, 2026 report, ISS highlighted1:

“A vote FOR the proposal is warranted. The proposed conversion [of the Company’s Class A common stock into Class C common stock] would eliminate the disparity in voting rights between the two classes of public shares.”“The board has disclosed a compelling reason for the conversion, which is expected to benefit stockholders by eliminating the complexity of the public trading structure, addressing the persistent valuation discount of the Class A common stock, improving trading liquidity, and potentially enhancing the appeal to a broader investor base.” “…the board states that the conversion is responsive to suggestions from stockholders.”
The deadline to vote by proxy is 11:59 p.m. Eastern Time on April 28, 2026. Stockholders of record at the close of business on March 19, 2026 are entitled to vote at the Annual Meeting. Every vote counts and stockholders are urged to vote regardless of the amount of shares they hold. Stockholders can vote “FOR” the Company’s proposal by:

Voting online by accessing the website address indicated on their proxy card or voting instruction formAttending the Annual Meeting virtually on April 29, 2026 at 9:00 a.m., Eastern Time, and using the 16-digit control number provided on their proxy cardIf within the United States, using a touch-tone telephone to vote by calling the telephone number printed on their proxy card or voting instruction cardCompleting, signing, dating, and returning a proxy card to the mailing address provided VOTE TODAY
For more information and additional materials visit www.votefor.clearwayenergy.com.

If you have any questions or need assistance in voting your shares, please call or email our proxy solicitor:
(800) 322-2885 or (212) 929-5500
[email protected]

Notice: Although MacKenzie Partners may answer questions and assist you in voting your shares, MacKenzie Partners is not authorized to make, and will not make, any recommendation to our stockholders to either approve or disapprove the Charter Amendment Proposal or otherwise express any opinion or judgment concerning the Charter Amendment Proposal. No fees will be paid to MacKenzie Partners for the solicitation of any stockholder to submit proxies or vote in favor of the Charter Amendment Proposal.

About Clearway Energy, Inc.
Clearway Energy, Inc. is one of the largest owners of clean energy generation assets in the U.S. Our portfolio comprises approximately 12.9 GW of gross capacity in 27 states, including approximately 10.1 GW of wind, solar and battery energy storage systems and approximately 2.8 GW of conventional dispatchable power capacity that provide critical grid reliability services. Through our diversified and primarily contracted clean energy portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income. Clearway Energy, Inc.’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols CWEN and CWEN.A, respectively. Clearway Energy, Inc. is sponsored by its controlling investor, Clearway Energy Group LLC. For more information, visit investor.clearwayenergy.com.

Safe Harbor Disclosure

This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “expect,” “estimate,” “target,” “anticipate,” “forecast,” “plan,” “outlook,” “believe” and similar terms. Such forward-looking statements include, but are not limited to, statements regarding the potential or anticipated benefits or effects of the proposed amendment and restatement of the Company’s certificate of incorporation or the conversion of shares of the Company’s Class A common stock into shares of the Company’s Class C common stock (the “Class A Conversion”), the tax consequences of the Class A Conversion and other statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions and future performance and condition.

Although the Company believes that the expectations are reasonable, it can give no assurance that these expectations will prove to be correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to: the ability of the Company to obtain the requisite stockholder approvals for the Charter Amendment Proposal; the timing of the Class A Conversion; unforeseen or adverse changes in the capital markets generally or in trading conditions applicable to the Company’s securities; the impact of the Class A Conversion on the Company’s ability to execute its capital allocation strategy; unanticipated costs or expenses in connection with the Charter Amendment Proposal or the Class A Conversion; potential litigation or other proceedings challenging the Charter Amendment Proposal or the Class A Conversion; the effect of the announcement of the Charter Amendment Proposal on the trading prices of the Class A common stock and Class C common stock; and risks related to the Company’s business, operations, financial condition and prospects.

The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The foregoing review of factors that could cause the Company’s actual results to differ materially from those contemplated in the forward-looking statements included in this communication should be considered in connection with information regarding risks and uncertainties that may affect the Company’s future results included in its filings with the Securities and Exchange Commission (the “SEC”) at www.sec.gov. In addition, the Company makes available free of charge at www.clearwayenergy.com, copies of materials it files with, or furnishes to, the SEC.

# # #

Contacts:

Additional Information

This communication may be deemed to be solicitation material in respect of the Charter Amendment Proposal. The Charter Amendment Proposal is described in full in the Company’s definitive proxy statement relating to the Annual Meeting (including any amendments and supplements thereto, the “Proxy Statement”), which has been filed with the SEC. The Company may also file other relevant documents with the SEC regarding its solicitation of proxies for the Annual Meeting. This communication is not a substitute for the Proxy Statement, any amendments or supplements thereto or any other document that may be filed by the Company with the SEC. STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS AND SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT SOLICITATION MATERIALS AND DOCUMENTS THAT THE COMPANY HAS FILED OR WILL FILE WITH THE SEC AS THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders can obtain copies of the Proxy Statement, and any amendments or supplements thereto and other documents as and when filed by the Company with the SEC, without charge, at the SEC’s website at www.sec.gov and on the Investor Relations page of the Company’s website at www.clearwayenergy.com. Copies of the Proxy Statement, any amendments and supplements thereto and any filings with the SEC that will be incorporated by reference in the Proxy Statement can also be obtained, without charge, by directing a request to the Company’s Investor Relations department by email at [email protected].

Governance Protections Through Voting Trust Agreement

If the Charter Amendment Proposal is approved by stockholders, Clearway Energy Group LLC (“CEG”), the owner of all of the Company’s outstanding Class B common stock and Class D common stock, would enter into a Voting Trust Agreement (the “Voting Trust Agreement”) designed to preserve the total relative voting power of the Company’s public stockholders following the Class A Conversion. Under the Voting Trust Agreement, CEG would deposit into a voting trust a number of shares of its Class B common stock (the “Voting Trust Shares”) necessary to maintain the same total relative voting power that the public stockholders held in the Company as of immediately prior to the Class A Conversion. The voting trustee under the Voting Trust Agreement would be required to vote the Voting Trust Shares in the same proportion as the votes cast by all stockholders of the Company. For additional information regarding the Voting Trust Agreement, please refer to the Proxy Statement, including any amendments and supplements thereto.

Certain Information Regarding Participants in the Solicitation

The Company, its directors and certain of its executive officers, as well as certain employees of CEG in accordance with the services such employees perform for and on behalf of the Company pursuant to an Amended and Restated Master Services Agreement and Payroll Sharing Agreement between the Company and CEG (the “CEG Master Services Agreement”), may be deemed to be participants in connection with the solicitation of proxies from Company stockholders in respect of the matters to be considered at the Annual Meeting. Information regarding the names of such directors and executive officers and their respective interests in the Company, by securities holdings or otherwise, is available in the Proxy Statement. To the extent the Company’s directors and executive officers have acquired or disposed of securities holdings since the applicable “as of” date discussed in the Proxy Statement, such transactions have been or will be reflected on Statements of Change in Ownership on Form 4, Initial Statements of Beneficial Ownership on Form 3 or amendments to beneficial ownership reports on Schedules 13D or 13G filed with the SEC. Additional information regarding the interests of participants in the solicitation of proxies in respect of the Annual Meeting are included in the Proxy Statement and other relevant materials to be filed with the SEC as and when they become available.

The Company has no contract, arrangement or understanding relating to the payment of, and will not, directly or indirectly, pay any commission or other remuneration to any broker, dealer, salesperson, agent or any other person in connection with the Class A Conversion or the solicitation of proxies or votes in favor of the Charter Amendment Proposal. In addition, neither our proxy solicitor, MacKenzie Partners, Inc., nor any broker, dealer, salesperson, agent or any other person is engaged or authorized to express any opinion, recommendation or judgment with respect to the relative merits and risks of the Class A Conversion or the Charter Amendment Proposal. The Board and officers of the Company, as well as employees of CEG in accordance with the services such employees perform for and on behalf of the Company pursuant to the CEG Master Services Agreement, may solicit proxies or votes in favor of the Charter Amendment Proposal and will answer inquiries concerning the Charter Amendment Proposal and the Class A Conversion. However, no such employees will receive additional compensation for, and no such employees have been hired or appointed for the purpose of, soliciting proxies or votes in favor of the Charter Amendment Proposal or answering any such inquiries. In addition, the fees payable by us to CEG under the CEG Master Services Agreement are not contingent upon the number of proxies or votes in favor of the Charter Amendment Proposal.

1 Permission to use quotes neither sought nor obtained
2026-06-12 17:15 2mo ago
2026-04-15 10:40 4mo ago
Are Investors Undervaluing Columbia Sportswear (COLM) Right Now?
COLM Columbia Sportswear
FMP Stock News
Original source text
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

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 use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

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.

Columbia Sportswear (COLM - Free Report) is a stock many investors are watching right now. COLM is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 16.16. This compares to its industry's average Forward P/E of 17.88. Over the last 12 months, COLM's Forward P/E has been as high as 21.93 and as low as 13.73, with a median of 18.25.

Finally, investors should note that COLM has a P/CF ratio of 10.46. 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 stock's P/CF looks attractive against its industry's average P/CF of 27.51. Within the past 12 months, COLM's P/CF has been as high as 18.79 and as low as 9.66, with a median of 15.21.

Value investors will likely look at more than just these metrics, but the above data helps show that Columbia Sportswear is likely undervalued currently. And when considering the strength of its earnings outlook, COLM sticks out as one of the market's strongest value stocks.
2026-06-12 17:15 2mo ago
2026-04-16 16:05 4mo ago
Columbia Sportswear Company to Announce First Quarter 2026 Financial Results on Thursday, April 30, 2026
COLM Columbia Sportswear
FMP Stock News
Original source text
-

PORTLAND, Ore.--(BUSINESS WIRE)--Columbia Sportswear Company (Nasdaq: COLM) plans to release first quarter 2026 financial results at approximately 4:05 p.m. ET on Thursday, April 30, 2026.

At approximately 4:15 p.m. ET, a commentary by Jim Swanson, Executive Vice President and Chief Financial Officer, reviewing the company's first quarter 2026 financial results will be furnished to the SEC on Form 8-K and published to the company's website at https://investor.columbia.com/financial-results. Analysts and investors are encouraged to review this commentary prior to participating in a conference call hosted by senior management at 5:00 p.m. ET.

To listen to the conference call, please dial 888-506-0062. The call will also be webcast live on the Investor Relations section of the Company’s website at http://investor.columbia.com where it will remain available until approximately April 30, 2027.

Columbia Sportswear Company connects active people with their passions and is a global multi-brand leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment. Founded in 1938 in Portland, Oregon, the company's brands are today sold in more than 100 countries. In addition to the Columbia® brand, Columbia Sportswear Company also owns the Mountain Hard Wear®, SOREL®, and prAna® brands. To learn more, please visit the company's websites at www.columbia.com, www.mountainhardwear.com, www.sorel.com, and www.prana.com.

More News From Columbia Sportswear Company

Back to Newsroom
2026-06-12 17:15 2mo ago
2026-04-20 18:04 4mo ago
Columbia Sportswear Co (COLM) Shares Surge 5.3% -- What GF Score of 82 Tells Investors
COLM Columbia Sportswear
FMP Stock News
Original source text
On April 20, 2026, Columbia Sportswear Co COLM shares rose 5.3% today, bringing the current price to $64.03. The stock has fluctuated between a 52-week high of $71.68 and a low of $47.47. The recent uptick in share price reflects a recovery trend, with a year-to-date gain of 16.8% and a notable 15.9% increase over the past month.

GF Value™ verdict: Current price at $64.03 versus GF Value™ at $84.93 indicates a 24.6% upside.GF Score™ of 82/100 suggests a strong overall performance, positioning COLM favorably against its peers.Notable signal: No insider transactions were reported in the last three months, indicating potential stability in management's view of the stock. Is COLM Overvalued or Undervalued? With a current price of $64.03, Columbia Sportswear Co COLM is assessed as undervalued according to the GF Value™, which estimates fair value at $84.93. This results in a margin of safety of approximately 24.6%, offering investors a potentially lucrative opportunity. The GF Valuation label categorizes COLM as "Modestly Undervalued," which suggests that the stock price may not fully reflect the company's intrinsic value at this time.

This undervaluation presents an opportunity for potential growth, but investors should remain cautious. Market conditions, competitive pressures, and broader economic factors can influence stock performance. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

How Does COLM's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 19.8x 17.5x Forward P/E 18.8x N/A The current P/E (TTM) for COLM is 19.8x, which is 13% above its 5-year median P/E of 17.5x. The forward P/E stands at 18.8x. This analysis indicates that the stock is trading above its historical valuation, which somewhat contrasts with the GF Value™ verdict of being undervalued. Therefore, while the P/E suggests a premium over historical averages, the overall intrinsic value assessment still points towards an opportunity.

What Does COLM's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns (backtested 2006-2021).

Metric Rating GF Score™ 82 Financial Strength 7/10 Profitability 8/10 Growth 5/10 Valuation 8/10 Momentum 5/10 The strong GF Score™ of 82/100 indicates a solid overall performance for COLM, particularly highlighted by its Profitability rank of 8/10 and Valuation rank of 8/10. However, the Growth rank at 5/10 suggests that there may be room for improvement in this area, indicating a somewhat mixed growth trajectory compared to its peers.

What Are Insiders Doing with COLM Stock? In the past three months, there have been no reported insider transactions for Columbia Sportswear Co COLM . This lack of insider activity may suggest a stable outlook from the company's management regarding its current market performance and future prospects. Typically, significant insider buying or selling can provide insights into management's confidence in the company's direction.

What This Means for Investors Based on the GF Value™ assessment, Columbia Sportswear Co COLM is currently undervalued with a notable margin of safety. While the stock is trading above its historical P/E averages, the overall valuation suggests there is potential for growth. Investors may find COLM an attractive option, but should remain mindful of market dynamics that could affect performance.

For the complete analysis, visit the Columbia Sportswear Co COLM stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is COLM's GF Score™?

COLM's GF Score™ is 82/100, indicating a strong overall performance compared to its peers and suggesting potential for higher long-term returns.

Is COLM overvalued or undervalued?

According to GF Value™, COLM is undervalued with a current price of $64.03 compared to a fair value estimate of $84.93, indicating a 24.6% upside.

What is COLM's P/E ratio?

COLM's P/E (TTM) is 19.8x, which is above its historical 5-year median of 17.5x, suggesting it is trading at a premium compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
2026-06-12 17:15 2mo ago
2026-04-24 02:12 4mo ago
Columbia Sportswear Company (NASDAQ:COLM) Receives Consensus Rating of “Hold” from Brokerages
COLM Columbia Sportswear
FMP Stock News
Original source text
Posted by Defense World Staff on Apr 24th, 2026

Shares of Columbia Sportswear Company (NASDAQ:COLM – Get Free Report) have been given an average rating of “Hold” by the nine brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $60.50.

A number of research firms recently commented on COLM. Robert W. Baird set a $63.00 price objective on Columbia Sportswear in a research note on Wednesday, February 4th. Stifel Nicolaus increased their price objective on Columbia Sportswear from $60.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Citigroup reaffirmed a “neutral” rating and set a $62.00 price objective (up from $55.00) on shares of Columbia Sportswear in a research note on Wednesday, February 4th. Wall Street Zen raised Columbia Sportswear from a “sell” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, BTIG Research reaffirmed a “buy” rating and set a $75.00 price objective on shares of Columbia Sportswear in a research note on Friday, January 30th.

Read Our Latest Stock Analysis on Columbia Sportswear

Institutional Trading of Columbia Sportswear A number of hedge funds have recently added to or reduced their stakes in COLM. Millennium Management LLC boosted its stake in Columbia Sportswear by 24.6% in the 1st quarter. Millennium Management LLC now owns 142,956 shares of the textile maker’s stock worth $10,820,000 after buying an additional 28,269 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in Columbia Sportswear by 208.3% in the 1st quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker’s stock worth $42,000 after buying an additional 375 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Columbia Sportswear by 2.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker’s stock worth $8,675,000 after buying an additional 2,680 shares during the last quarter. Jane Street Group LLC boosted its stake in Columbia Sportswear by 125.0% in the 1st quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker’s stock worth $8,727,000 after buying an additional 64,046 shares during the last quarter. Finally, Prudential Financial Inc. boosted its stake in Columbia Sportswear by 11.7% in the 2nd quarter. Prudential Financial Inc. now owns 3,333 shares of the textile maker’s stock worth $204,000 after buying an additional 350 shares during the last quarter. 47.76% of the stock is owned by institutional investors and hedge funds.

Columbia Sportswear Stock Down 0.7% COLM opened at $62.22 on Friday. The firm has a market cap of $3.26 billion, a P/E ratio of 19.20 and a beta of 0.89. Columbia Sportswear has a 52 week low of $47.47 and a 52 week high of $71.68. The business’s fifty day simple moving average is $58.40 and its 200 day simple moving average is $55.85.

Columbia Sportswear (NASDAQ:COLM – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The textile maker reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.51. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.03 billion. Columbia Sportswear had a return on equity of 12.03% and a net margin of 5.22%.The business’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.80 earnings per share. Columbia Sportswear has set its FY 2026 guidance at 3.200-3.650 EPS and its Q1 2026 guidance at 0.290-0.370 EPS. As a group, equities analysts expect that Columbia Sportswear will post 3.46 EPS for the current fiscal year.

About Columbia Sportswear (Get Free Report)

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.

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2026-06-12 17:15 2mo ago
2026-04-28 12:00 4mo ago
COLM Gears Up to Report Q1 Earnings: What's in the Offing?
COLM Columbia Sportswear
FMP Stock News
Original source text
Key Takeaways Columbia Sportswear is expected to post y/y revenue and EPS declines in Q1.COLM faces tariff pressures, soft U.S. demand and cautious retailer orders weighing on margins.Inventory constraints and higher costs from ACCELERATE investments may pressure profits. Columbia Sportswear Company (COLM - Free Report) is likely to register declines in the top and bottom lines when it reports first-quarter 2026 earnings on Apr. 30, after market close. The Zacks Consensus Estimate for first-quarter revenues is pegged at $755.6 million, which indicates a 2.9% decrease from the year-ago period’s actual. This is in sync with the company’s guidance, which indicates a net sales decline of 2.5-4% to $747-$759 million.

The Zacks Consensus Estimate for first-quarter earnings per share has been unchanged at 35 cents over the past 30 days, which implies a decline of 53.3% from the year-ago period’s actual. Management guided earnings between 29 cents and 37 cents per share.

COLM delivered a trailing four-quarter earnings surprise of 25.2%, on average.

Factors Likely to Influence COLM’s Q1 ResultsColumbia Sportswear’s first-quarter results are likely to reflect demand softness, tariff-related pressures and cautious channel behavior. At its fourth-quarter 2025 earnings call, the company had pointed to overall softness year to date, with the U.S. business continuing to lag due to soft consumer demand and reduced retail traffic. At the same time, retailers remained cautious in their ordering patterns, creating a tough sales environment.

Tariff headwinds are likely to have put pressure on first-quarter profitability. The impact of unmitigated tariffs was expected to be more pronounced in the early part of the year, as price increases had not yet fully offset higher costs on existing inventory. This timing dynamic is expected to create pressure on product margins in the first quarter.

Inventory-related dynamics are also likely to have influenced the quarterly performance. The company curtailed inventory purchases earlier as a precautionary measure following U.S. tariff announcements, which left it light on inventory and unable to fulfill some demand. Management also noted that in certain cases, demand exceeded supply, reflecting the impact of these inventory actions. Additionally, earlier-than-planned shipments of wholesale orders shifted some sales into prior periods, affecting year-over-year comparisons.

Weather remains an important external factor. Management highlighted that weather can significantly influence demand patterns across periods. Operating expenses are expected to have increased as the company continues investing in marketing and brand-building initiatives under its ACCELERATE growth strategy. With sales expected to have declined and margins under pressure, this dynamic is expected to have led to SG&A deleverage in the first quarter.

Despite near-term pressures, Columbia Sportswear noted continued strength in international markets and early signs of brand momentum from its ACCELERATE growth strategy. New product collections and differentiated marketing have helped drive consumer engagement, which could provide some support to first-quarter demand trends.

What the Zacks Model Predicts for COLMOur proven model does not conclusively predict an earnings beat for Columbia Sportswear this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that is not the case here.

Columbia Sportswear has a Zacks Rank #3 and an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Stocks With the Favorable CombinationHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.

AMC Entertainment Holdings, Inc. (AMC - Free Report) currently has an Earnings ESP of +5.82% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for first-quarter 2026 revenues is pegged at $997.7 million, indicating 15.7% growth from the figure reported in the year-ago quarter. The consensus estimate for AMC Entertainment’s earnings is pegged at a loss of 32 cents per share, implying an 44.8% improvement from the year-ago quarter’s actual. AMC delivered an earnings surprise of 10% in the last quarter.

Marriott International Inc. (MAR - Free Report) currently has an Earnings ESP of +0.44% and a Zacks Rank of 3. MAR is likely to register a top-line increase when it reports first-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $6.59 billion, indicating a 5.3% rise from the figure reported in the prior-year quarter.

The consensus estimate for Marriott International’s earnings is pegged at $2.60 per share, implying 12.1% growth from the year-ago quarter’s actual. MAR delivered a negative earnings surprise of 2.3% in the last quarter.

Cintas Corporation (CTAS - Free Report) currently has an Earnings ESP of +1.14% and a Zacks Rank of 3. CTAS is likely to register a top-line increase when it reports fourth-quarter fiscal 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $2.88 billion, indicating a 7.8% rise from the figure reported in the prior-year quarter.

The consensus estimate for Cintas’s earnings is pegged at $1.24 per share, implying 13.8% growth from the year-ago quarter’s actual. CTAS delivered an earnings surprise of 0.8% in the fiscal third quarter.
2026-06-12 17:15 2mo ago
2026-04-30 16:05 4mo ago
Columbia Sportswear Company Reports First Quarter 2026 Financial Results; Updates Full Year 2026 Financial Outlook
COLM Columbia Sportswear
FMP Stock News
Original source text
PORTLAND, Ore.--(BUSINESS WIRE)--Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a multi-brand global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today announced first quarter 2026 financial results for the period ended March 31, 2026. Chairman and Chief Executive Officer Tim Boyle commented, “We're pleased to have delivered net sales and profitability exceeding our guidance for the first quarter, driven by earl.
2026-06-12 17:15 2mo ago
2026-04-30 19:26 4mo ago
Columbia Sportswear (COLM) Beats Q1 Earnings and Revenue Estimates
COLM Columbia Sportswear
FMP Stock News
Original source text
Columbia Sportswear (COLM - Free Report) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +84.40%. A quarter ago, it was expected that this maker of outdoor gear would post earnings of $1.22 per share when it actually produced earnings of $1.73, delivering a surprise of +41.8%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Columbia Sportswear, which belongs to the Zacks Textile - Apparel industry, posted revenues of $779.01 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.10%. This compares to year-ago revenues of $778.45 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Columbia Sportswear shares have added about 8.9% since the beginning of the year versus the S&P 500's gain of 4.2%.

What's Next for Columbia Sportswear?While Columbia Sportswear has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Columbia Sportswear was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.39 on $607 million in revenues for the coming quarter and $3.46 on $3.47 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the bottom 40% of the 250 plus Zacks industries. 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.

One other stock from the same industry, Under Armour (UAA - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 12.

This sports apparel company is expected to post quarterly loss of $0.03 per share in its upcoming report, which represents a year-over-year change of +62.5%. The consensus EPS estimate for the quarter has been revised 25% lower over the last 30 days to the current level.

Under Armour's revenues are expected to be $1.17 billion, down 0.9% from the year-ago quarter.
2026-06-12 17:15 2mo ago
2026-04-30 19:30 4mo ago
Columbia Sportswear (COLM) Reports Q1 Earnings: What Key Metrics Have to Say
COLM Columbia Sportswear
FMP Stock News
Original source text
For the quarter ended March 2026, Columbia Sportswear (COLM - Free Report) reported revenue of $779.01 million, up 0.1% over the same period last year. EPS came in at $0.65, compared to $0.75 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $755.56 million, representing a surprise of +3.1%. The company delivered an EPS surprise of +84.4%, with the consensus EPS estimate being $0.35.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Columbia Sportswear performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Geographic Net sales to unrelated entities- United States: $422.45 million versus $436.64 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.3% change.Geographic Net sales to unrelated entities- Canada: $50.97 million compared to the $50.63 million average estimate based on three analysts. The reported number represents a change of +7.1% year over year.Geographic Net sales to unrelated entities- Europe, Middle East and Africa (EMEA): $145.35 million versus $111.46 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +35.2% change.Geographic Net sales to unrelated entities- Latin America and Asia Pacific (LAAP): $160.24 million versus the three-analyst average estimate of $155.77 million. The reported number represents a year-over-year change of +5.3%.Net sales- Channel- Direct-to-consumer: $377.94 million versus the two-analyst average estimate of $373.68 million. The reported number represents a year-over-year change of -0.2%.Net sales- Channel- Wholesale: $401.07 million versus the two-analyst average estimate of $380.39 million. The reported number represents a year-over-year change of +0.3%.View all Key Company Metrics for Columbia Sportswear here>>>

Shares of Columbia Sportswear have returned +9.9% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
2026-06-12 17:15 2mo ago
2026-05-01 07:21 4mo ago
Columbia Sportswear Company (COLM) Q1 2026 Earnings Call Transcript
COLM Columbia Sportswear
FMP Stock News
Original source text
Columbia Sportswear Company (COLM) Q1 2026 Earnings Call Transcript
2026-06-12 17:15 2mo ago
2026-05-01 11:15 4mo ago
COLM Q1 Earnings Beat Estimates, International Strength Continues
COLM Columbia Sportswear
FMP Stock News
Original source text
Key Takeaways COLM beat Q1 estimates with EPS of 65 cents and $779M sales, though profit fell year over year.Columbia Sportswear saw strong international growth, offsetting a 10% U.S. sales decline.COLM expects 2026 sales growth of 1-3% and raised EPS outlook to $3.55-$4.00. Columbia Sportswear Company (COLM - Free Report) reported first-quarter 2026 results, with the top line remaining relatively flat compared with the prior year and the bottom line decreasing year over year. However, both revenues and earnings beat the Zacks Consensus Estimate.

COLM’s Quarterly Performance: Key Metrics & InsightsThis designer, marketer and distributor of outdoor and active lifestyle apparel, footwear and accessories reported earnings of 65 cents per share, surpassing the Zacks Consensus Estimate of 35 cents. However, the bottom line decreased 13.3% from 75 cents reported in the prior-year period.

The company generated net sales of $779 million, which beat the Zacks Consensus Estimate of $756 million. The metric is relatively flat from $778.5 million in the year-ago period. The growth across most international markets was offset by a decline in the United States, caused by a lower Spring 2026 wholesale order book and constrained inventory. The inventory shortfall stemmed from a prior-year decision to reduce the supply of certain winter products in response to anticipated U.S. tariff changes. Net sales decreased 3% at constant currency.

Gross profit decreased 0.3% year over year to $395 million. The gross margin decreased 20 basis points (bps) to 50.7%, mainly due to a 310-basis-point impact from unmitigated incremental U.S. tariffs. This pressure was partially offset by mitigation efforts, including targeted price increases.

SG&A expenses were up 0.8% to $357.1 million from $354.5 million reported in the year-ago quarter. As a percentage of sales, the same increased 30 bps to 45.8%. The increase was mainly caused by higher direct-to-consumer (“DTC”) expenses, partly offset by reduced enterprise technology and supply-chain costs following actions under the company’s Profit Improvement Program. SG&A also included a $6.7 million unfavorable impact from foreign currency translation.

This Zacks Rank #4 (Sell) company reported an operating income of $42 million, down 10% from the year-ago quarter. Operating margin decreased 60 bps to 5.4%.

COLM’s Sales by Channels & Regional SegmentsIn the United States, net sales declined 10% year over year to $422.5 million, which missed our estimate of $450.1 million. Net sales surged 35% to $145.3 million in Europe, the Middle East and Africa, missing our estimate of $148.4 million. Latin America and Asia Pacific net sales grew 5% year over year to $160.2 million, beating our estimate of $103.3 million. In Canada, net sales increased 7% to $51 million, which lagged our estimate of $52.2 million.

During the quarter, Wholesale channel sales increased 0.3% year over year to $401.1 million, which beat our estimate of $388.9 million. DTC sales went down 0.2% to $377.9 million. Our model expected total DTC sales of $365.4 million for the quarter.

COLM’s Sales by Product Category & BrandNet sales in the Apparel, Accessories and Equipment category inched down 1% year over year to $623.1 million, which beat our estimate of $607.8 million. Footwear's net sales increased 4% to $155.9 million, which beat our estimate of $146.4 million.

SOREL and prAna brands registered sales declines of 12% and 5% year over year, respectively. Sales for the Columbia brand increased 1% year over year. The Mountain Hardwear brand is relatively flat from the year-ago period.

Other Financial Updates of COLMThe company ended the quarter with cash and cash equivalents of $319.3 million, short-term investments of $216 million and shareholders’ equity of almost $1,582 million. COLM had no debt on its balance sheet as of March 31, 2026. Inventories remained broadly stable at $624 million compared with $623.7 million reported in the year-ago quarter.

For the three months ended March 31, 2026, Columbia Sportswear’s cash used in operating activities was $77.5 million and capital expenditures were $12.4 million.

For the three months ended March 31, 2026, the company repurchased 2,498,685 shares of common stock for a total of $150 million. As of March 31, 2026, $276.5 million remained available under its stock repurchase authorization.

Management announced a regular quarterly cash dividend of 30 cents per share, payable on June 4, 2026, to its shareholders of record as of May 21.

What to Expect From COLM AheadFor 2026, the company still expects net sales to grow 1% to 3%, implying revenues of $3.43 billion to $3.50 billion, up from $3.40 billion in 2025. Favorable foreign exchange movements are anticipated to contribute roughly 50-100 bps to reported sales growth.

Gross margin is now projected to a range of 50.3% to 50.5% compared with 50.5% in 2025, indicating a contraction of 20 bps. This represents an improvement from the prior outlook of 49.8% to 50%. This outlook incorporates an estimated 200 bps headwind from incremental tariffs before any mitigating actions, reduced from the previous estimate of 300 bps.

Operating margin is now expected to improve modestly between 6.7% and 7.5%, compared with 6.1% in the prior year, implying incremental operating leverage despite margin pressures at the gross profit level. This is an increase from the prior outlook of 6.2% to 6.9%.

Earnings per share are forecasted to range from $3.55 to $4.00, compared with the $3.23 reported in 2025, representing an upward revision from the prior outlook of $3.20 to $3.65.

The company expects second-quarter 2026 net sales of $600 million to $610 million, implying a decrease of 1% to an increase of 1% from $605 million in the prior-year period. Operating margin is projected to be a loss of 4.5% to 5.5% of net sales, compared with an operating loss of 3.9% in the prior-year period.

Loss per share for the second quarter is expected to be in the range of 37 cents to 46 cents, compared with a loss of 19 cents in the comparable period of 2025.

Shares of the company have gained 10.1% in the past three months against the industry’s 7.3% decline.

Image Source: Zacks Investment Research

Key PicksVince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. At present, the company flaunts a Zacks Rank of 1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Vince Holding’s current fiscal-year sales growth of 4.5%, from the year-ago figures. VNCE delivered a trailing four-quarter earnings surprise of 647.2%, on average.

V.F. Corporation (VFC - Free Report) engages in the design, procurement, marketing and distribution of branded lifestyle apparel, footwear and accessories for men, women and children in the Americas, Europe and the Asia-Pacific. It sports a Zacks Rank #1 at present. VFC delivered a trailing four-quarter earnings surprise of 25.9%, on average.

The consensus estimate for V.F. Corp’s current-quarter EPS indicates growth of 12.2% from the year-ago levels.

Kontoor Brands, Inc. (KTB - Free Report) , a lifestyle apparel company, designs, manufactures, procures, sells and licenses apparel, footwear and accessories, primarily under the Wrangler, Lee and Helly Hansen brands. It currently carries a Zacks Rank of 2 (Buy). KTB delivered a trailing four-quarter earnings surprise of 13.9%, on average.

The Zacks Consensus Estimate for Kontoor Brands’ current financial-year sales and EPS is expected to rise 9.2% and 15.6%, respectively, from the corresponding year-ago reported figures.
2026-06-12 17:15 2mo ago
2026-05-05 10:41 4mo ago
Is Columbia Sportswear (COLM) Outperforming Other Consumer Discretionary Stocks This Year?
COLM Columbia Sportswear
FMP Stock News
Original source text
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Columbia Sportswear (COLM - 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 Consumer Discretionary peers, we might be able to answer that question.

Columbia Sportswear is one of 244 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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. Columbia Sportswear is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for COLM's full-year earnings has moved 8.2% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that COLM has returned about 7.9% since the start of the calendar year. At the same time, Consumer Discretionary stocks have lost an average of 8.8%. This means that Columbia Sportswear is performing better than its sector in terms of year-to-date returns.

Hilton Grand Vacations (HGV - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 1.3%.

The consensus estimate for Hilton Grand Vacations' current year EPS has increased 6.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Columbia Sportswear belongs to the Textile - Apparel industry, a group that includes 22 individual stocks and currently sits at #64 in the Zacks Industry Rank. Stocks in this group have lost about 9.4% so far this year, so COLM is performing better this group in terms of year-to-date returns.

In contrast, Hilton Grand Vacations falls under the Hotels and Motels industry. Currently, this industry has 13 stocks and is ranked #149. Since the beginning of the year, the industry has moved +6.9%.

Columbia Sportswear and Hilton Grand Vacations could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.
2026-06-12 17:15 2mo ago
2026-05-07 05:55 4mo ago
New Strong Buy Stocks for May 7th
COLM Columbia Sportswear
FMP Stock News
Original source text
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Constellium (CSTM - Free Report) : This company, which develops innovative, value-added aluminium products for aerospace, automotive and packaging markets and applications, has seen the Zacks Consensus Estimate for its current year earnings increasing 39% over the last 60 days.

Centene (CNC - Free Report) : This well-diversified healthcare company, that primarily provides a set of services to the government sponsored healthcare programs, has seen the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.

Atlassian (TEAM - Free Report) : This company, which is a global leader and innovator in the enterprise collaboration and workflow software space, has seen the Zacks Consensus Estimate for its currentyear earnings increasing 5.1% over the last 60 days.

Western Digital (WDC - Free Report) : This company, which is a leading developer and manufacturer of data storage devices and solutions based on NAND flash and hard disk drive technologies, has seen the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 day.

Columbia Sportswear (COLM - Free Report) : This company, which engages in the sourcing, marketing and distribution of outdoor and active lifestyle apparel, footwear, accessories and equipment in the U.S. and internationally, has seen the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-06-12 17:15 2mo ago
2026-05-07 06:10 4mo ago
Best Income Stocks to Buy for May 7th
COLM Columbia Sportswear
FMP Stock News
Original source text
Here are two stocks with buy rank and strong income characteristics for investors to consider today, May 7th:

Columbia Sportswear (COLM - Free Report) : This company, which engages in the sourcing, marketing and distribution of outdoor and active lifestyle apparel, footwear, accessories and equipment in the U.S. and internationally, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 2%, compared with the industry average of 0.0%.

Kinder Morgan (KMI - Free Report) : This company, is a leading midstream energy infrastructure provider in North America, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 3.7%, compared with the industry average of 3.6%.

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens
2026-06-12 17:15 2mo ago
2026-05-13 13:01 3mo ago
Columbia Sportswear (COLM) Upgraded to Strong Buy: What Does It Mean for the Stock?
COLM Columbia Sportswear
FMP Stock News
Original source text
Columbia Sportswear (COLM - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for Columbia Sportswear is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Columbia Sportswear imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

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 #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for Columbia SportswearThis maker of outdoor gear is expected to earn $3.72 per share for the fiscal year ending December 2026, which represents no year-over-year change.

Analysts have been steadily raising their estimates for Columbia Sportswear. Over the past three months, the Zacks Consensus Estimate for the company has increased 7.1%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of Columbia Sportswear to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
2026-06-12 17:15 2mo ago
2026-05-15 09:46 3mo ago
3 Top-Ranked Mid-Cap Outdoor Industry Stocks for a Strong Portfolio
COLM Columbia Sportswear
FMP Stock News
Original source text
Key Takeaways Columbia Sportswear gains from ACCELERATE strategy, product innovation and strong digital marketing.Polaris posted Q1 2026 adjusted EPS of $0.13, beating estimates and topping revenue expectations.VFC advances Reinvent program with growth in The North Face and Timberland outdoor brands. The outdoor industry spans recreation, wellness, and lifestyle experiences centered around nature and activity away from home. This theme includes brands involved in outdoor gear, apparel, recreational vehicles, and equipment and services that support activities such as hiking, camping, boating, and off-roading. 

Driven by shifting consumer values toward health, sustainability, and experience-driven living, the industry benefits from steady demand across various age groups and regions. Many companies in this space leverage brand loyalty, product innovation, and direct-to-consumer strategies to drive recurring sales and maintain premium positioning.

Here, we recommend three mid-cap outdoor industry stocks with a Zacks top rank to strengthen your portfolio. These are: Columbia Sportswear Co. (COLM - Free Report) , Polaris Inc. (PII - Free Report) and V.F. Corp. (VFC - Free Report) . Each of our picks currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The chart below shows the price performance of our three picks year to date.

Image Source: Zacks Investment Research

Columbia Sportswear Co.Columbia Sportswear shows momentum driven by its ACCELERATE strategy, which targets younger consumers through refreshed branding and strong digital marketing. COLM’s product innovation and brand elevation, alongside contributions from the prAna brand support healthier demand and long-term growth potential. 

COLM’s Profit Improvement Program is focused on improving operational efficiency and cost discipline while sustaining investment in brand building. COLM’s financial health remains solid with no debt, strong cash levels, share repurchases and dividends.

Columbia Sportswear has an expected revenue and earnings growth rate of 2.4% and 0.8%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 7.5% over the last 30 days.

Polaris Inc.Polaris designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. PII operates through three segments: Off Road, On Road, and Marine.

PII offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles, military and commercial ORVs, snowmobiles, motorcycles, moto-roadsters, quadricycles, and pontoon and deck boats. PII sells its products through dealers and distributors as well as online.

PII came up with first-quarter 2026 adjusted earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.43 per share. This compares to a loss of $0.9 per share a year ago. Quarterly revenues of $1.66 billion surpassed the Zacks Consensus Estimate by 0.38%. This compares to year-ago revenues of $1.54 billion.

Polaris has an expected revenue and earnings growth rate of 2.3% and more than 100%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 3.6% over the last 30 days.

V.F. Corp.V.F. has been progressing under its Reinvent transformation program. VFC is driving growth through disciplined cost management, balance sheet improvements, and strategic brand focus. Strength in the Outdoor segment, led by The North Face and Timberland, positions VFC well against durable consumer trends. 

The North Face is seeing broad-based growth across categories. All product categories of VFC rose with strength in performance apparel and footwear. Ongoing investments in digital and supply-chain capabilities further enhance efficiency, supporting long-term growth, margins and improved VFC’s shareholder confidence.

V.F. has an expected revenue and earnings growth rate of 2.3% and 39.8%, respectively, for the current year (ending March 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 4.6% over the last 30 days.
2026-06-12 17:15 2mo ago
2026-05-16 17:00 3mo ago
Chaos seems to be the 'standard of the day': Columbia Sportswear CEO
COLM Columbia Sportswear
FMP Stock News
Original source text
Columbia Sportswear CEO Tim Boyle discusses tariffs, including $90 million paid and uncertainty about refunds, on 'The Claman Countdown.' #fox #media #us #usa #new #news #foxbusiness #columbiasportswear #business #economy #trade #tariffs #manufacturing #retail #global #markets #finance #supplychain #uncertainty #corporate #leadership #economicnews
2026-06-12 17:15 2mo ago
2026-05-26 13:16 3mo ago
How Is Columbia Sportswear Driving Growth in Overseas Markets?
COLM Columbia Sportswear
FMP Stock News
Original source text
Key Takeaways Columbia Sportswear's international sales rose 16% in Q1 2026 and topped 40% of revenues.COLM saw strong European growth from winter demand, wholesale gains and improved inventories.China and Korea's growth benefited from marketing campaigns and stronger consumer engagement. Columbia Sportswear Company (COLM - Free Report) is increasingly benefiting from the expanding international presence, with overseas markets emerging as its primary growth driver in first-quarter 2026. While total quarterly sales remained relatively flat at $779 million, the company’s international business advanced 16% year over year and now contributes more than 40% of overall revenues.

Europe stood out as a major contributor to growth during the quarter. The Europe, Middle East and Africa region delivered strong gains, supported by healthy winter demand, improving wholesale trends and better inventory availability. Europe’s direct sales benefited from robust consumer demand for winter products, while distributor markets in the region also saw healthy momentum driven by strong spring order books and earlier shipments. Management additionally indicated confidence that business momentum in Europe would remain healthy through the remainder of 2026.

Asia continued to add momentum to Columbia Sportswear’s global business. China delivered mid-single-digit growth, aided by successful marketing campaigns around the Titanium Dry technology and Tellurix hiking footwear. The company also highlighted rising engagement among younger shoppers and women in China through localized activations and membership growth initiatives. Korea generated high-single-digit growth across all channels, benefiting from improved marketplace execution and stronger consumer visibility campaigns.

Distributor markets across Latin America and Asia Pacific added another layer of strength with low double-digit growth, particularly in apparel, sportswear and footwear categories.

The quarter reinforced how Columbia Sportswear’s diversified geographic footprint is helping offset ongoing softness in the U.S. market. The company’s ability to deepen brand engagement internationally while expanding product traction across multiple regions is becoming an increasingly important part of its operating performance.

Columbia Sportswear’s Zacks Rank & Share Price PerformanceThis Zacks Rank #1 (Strong Buy) stock has gained 2.1% in the past three months against the broader Consumer Discretionary sector and the industry’s decline of 6.2% and 12.4%, respectively.

COLM Stock's Past 3 Months' Performance
Image Source: Zacks Investment Research

Is COLM a Value Play Stock?Columbia Sportswear currently trades at a forward 12-month P/E ratio of 16.15, below the industry and the sector’s average of 17.31 and 16.77, respectively. This valuation positions the stock at a modest discount relative to both its direct peers and the broader consumer discretionary sector.

COLM P/E Ratio (Forward 12 Months)
Image Source: Zacks Investment Research

Other Key PicksVince Holding Corp. (VNCE - Free Report) provides luxury apparel and accessories in the United States and internationally. At present, the company flaunts a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for VNCE’s current fiscal-year sales implies growth of 4.5%, and the same for earnings implies a decline of 15.9% from the year-ago figures. VNCE has delivered a trailing four-quarter earnings surprise of 647.2%, on average.

PVH Corp. (PVH - Free Report) operates as an apparel company in the United States and internationally. At present, PVH carries a Zacks Rank of 1. PVH delivered a trailing four-quarter earnings surprise of 14.2%, on average.

The Zacks Consensus Estimate for PVH’s current fiscal-year sales and earnings implies growth of 1.2% and 5.4%, respectively, from the year-ago figures.

Superior Group of Companies, Inc. (SGC - Free Report) produces, manufactures and sells promotional products and branded uniforms, and healthcare apparel and accessories in the United States and internationally. At present, SGC carries a Zacks Rank of 2 (Buy). SGC delivered a trailing four-quarter earnings surprise of 81.9%, on average.

The Zacks Consensus Estimate for Superior Group of Companies’ current fiscal-year sales and earnings implies growth of 2% and 28.3%, respectively, from the year-ago figures.
2026-06-12 17:15 2mo ago
2026-06-01 10:46 3mo ago
Here's Why Valero Energy (VLO) is a Strong Growth Stock
VLO Valero Energy Corporation
FMP Stock News
Original source text
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.

It also includes access to 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 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 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 is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% 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.

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 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.

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.

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: Valero Energy (VLO - Free Report) San Antonio, TX-based Valero Energy Corporation is the largest independent refiner and marketer of petroleum products in the United States. The company was founded in 1980. It has a refining capacity of 3 million barrels per day across 14 refineries located throughout the United States, Canada and the United Kingdom.

VLO is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. VLO has a Growth Style Score of B, forecasting year-over-year earnings growth of 149.9% for the current fiscal year.

For fiscal 2026, nine analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $10.98 to $26.51 per share. VLO boasts an average earnings surprise of +28%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, VLO should be on investors' short list.
2026-06-12 17:15 2mo ago
2026-06-01 14:21 3mo ago
Oil Stocks Look Poised for Another Leg Higher
VLO Valero Energy Corporation
FMP Stock News
Original source text
Despite recurring headlines suggesting the United States and Iran are nearing a peace agreement, negotiations have repeatedly broken down, often abruptly. Today was no exception. The fragile ceasefire has once again come under strain, with Iranian state media reporting that the regime has suspended talks and renewed threats to close the Strait of Hormuz. Officials have also suggested the possibility of opening "other fronts," including disruptions around the Bab el-Mandeb Strait.

Iran now maintains that no meaningful negotiations can occur until Israel fully withdraws from contested areas in Lebanon and Gaza, where several Iranian-backed proxy groups remain active. While the Strait of Hormuz receives most of the attention due to its critical role in global oil shipments, the Bab el-Mandeb Strait is another major trade chokepoint connecting the Red Sea to the Indian Ocean. Any escalation in either region could further disrupt global trade flows, tighten energy markets, and put additional upward pressure on commodity prices.

Image Source: EIA

Since the conflict began, crude oil initially surged before settling into a wide but gradually tightening trading range. Last week, as hopes for a diplomatic resolution improved, oil prices drifted toward the lower end of that range. However, price has rebounded sharply following today’s escalation. Notably, this support area has held multiple times since the conflict started, reinforcing its importance to traders.

As long as crude remains elevated within this range, oil and gas producers should continue to benefit from strong profit margins. A breakout above the current range would provide an additional tailwind, potentially driving earnings expectations and investor sentiment even higher across the sector.

Image Source: TradingView

The Energy Select Sector SPDR ETF ((XLE - Free Report) ) has mirrored the commodity's pattern, consolidating in a tightening range of its own. Meanwhile, several industry leaders, including Valero Energy ((VLO - Free Report) ), Marathon Petroleum ((MPC - Free Report) ) and Phillips 66 ((PSX - Free Report) ), continue to exhibit relative strength and carry favorable Zacks Ranks, suggesting the sector may be setting up for another leg higher. We'll take a closer look at each setup below.

Image Source: TradingView

Valero Energy: Estimates Surge as Shares Near BreakoutValero Energy is one of the world's largest independent petroleum refiners, operating a network of refineries across the United States, Canada, and the United Kingdom. The company benefits from strong refining margins, access to discounted feedstocks, and significant exposure to global demand for gasoline, diesel, and jet fuel.

Analysts have become dramatically more bullish on the company's outlook in recent months. Current year earnings estimates have surged 71% over the last 60 days, while next year's forecasts have climbed 42%, earning the stock a Zacks Rank #1 (Strong Buy) rating. Shares trade at just 9.2x forward earnings, while analysts project long-term EPS growth of 25.6% annually.

Technically, the stock has been consolidating in a tightening range following its recent advance. With earnings estimates moving sharply higher and energy prices remaining elevated, Valero appears to be on the verge of a breakout that could mark the start of another leg higher.

Image Source: TradingView

Marathon Petroleum: Earnings Estimates and Stock Price GainMarathon Petroleum is one of the largest downstream energy companies in North America, operating an extensive network of refineries, fuel distribution assets, pipelines, and midstream infrastructure. Through its refining operations and majority ownership stake in MPLX, the company is positioned to benefit from both strong refining margins and steady fee-based energy infrastructure revenue.

Analysts have become even more optimistic on Marathon than Valero. Current year earnings estimates have surged 75% over the last 60 days, while next year's forecasts have jumped 67%, giving the stock a Zacks Rank #1 (Strong Buy). Shares trade at just 8.3x forward earnings, while analysts project long-term EPS growth of 20.8% annually.

The technical setup is equally compelling. Shares have displayed stronger relative strength than many of their peers and are currently consolidating in a tidy high-and-tight bull flag near their recent highs. This pattern often precedes powerful continuation moves, and a breakout above the upper end of the range could signal the start of another leg higher.

Image Source: TradingView

Phillips 66: Another Refiner Stock Showing StrengthPhillips 66 is a diversified energy company with operations spanning refining, midstream infrastructure, chemicals, and fuel marketing. This diversified model provides exposure to strong refining margins while also benefiting from more stable cash flows generated by pipelines, terminals, and other energy infrastructure assets.

Fundamentally, the story continues to improve. Analysts have raised current year earnings estimates by 27% over the last 60 days, while next year's forecasts have climbed 25.5%, supporting a Zacks Rank #1 (Strong Buy) rating. Shares trade at 10x forward earnings, while analysts project long-term EPS growth of 38.5% annually.

Technically, the stock has spent the past several weeks consolidating its prior advance and building a constructive base near recent highs. Combined with improving earnings expectations and a supportive backdrop for energy prices, Phillips 66 appears well-positioned for a potential breakout and continuation of its longer-term uptrend.

Image Source: TradingView

Should Investors Buy Shares in PSX, MPC and VLO?While headlines remain focused on geopolitics, the real story for investors is the dramatic improvement in earnings expectations across the refining sector. All three companies enjoy Zacks Rank #1 (Strong Buy) ratings, have seen substantial upward earnings revisions, trade at reasonable valuations and are displaying constructive technical patterns.

If crude oil remains elevated or breaks out to new highs, these refiners could continue to benefit from strong margins and rising profit expectations. For investors looking to gain exposure to the energy trade, Valero, Marathon Petroleum, and Phillips 66 appear well-positioned for another leg higher.
2026-06-12 17:15 2mo ago
2026-06-02 10:22 3mo ago
Valero Energy Corporation to Announce Second Quarter 2026 Earnings Results on July 30, 2026
VLO Valero Energy Corporation
FMP Stock News
Original source text
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SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO) announced today that it will host a conference call on Thursday, July 30, 2026, at 10:00 a.m. ET to discuss its financial and operational results for the second quarter of 2026. The earnings release will be issued earlier that morning.

A live webcast of the conference call will be available on Valero’s Investor Relations website at investorvalero.com.

About Valero

Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland, and Latin America. Valero operates 14 petroleum refineries located in the U.S., Canada, and the U.K. with a combined throughput capacity of approximately 3.0 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel (SAF), with a production capacity of approximately 1.2 billion gallons per year in the U.S. Gulf Coast region. See the annual report on Form 10-K for more information on SAF. Valero also owns 12 ethanol plants located in the U.S. Mid-Continent region with a combined production capacity of approximately 1.7 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments. Please visit investorvalero.com for more information.

More News From Valero Energy Corporation

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2026-06-12 17:14 2mo ago
2026-06-02 11:00 3mo ago
Valero Energy Corporation to Announce Second Quarter 2026 Earnings Results on July 30, 2026
VLO Valero Energy Corporation
FMP Stock News
Original source text
Valero Energy Corporation to Announce Second Quarter 2026 Earnings Results on July 30, 2026 Valero Energy Corporation (NYSE: VLO) announced today that it will host a conference call on Thursday, July 30, 2026, at 10:00 a.m. ET to discuss its financial and operational results for the second quarter of 2026. The earnings release will be issued earlier that morning.

A live webcast of the conference call will be available on Valero’s Investor Relations website at investorvalero.com.

About Valero

Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Canada, the United Kingdom (U.K.), Ireland, and Latin America. Valero operates 14 petroleum refineries located in the U.S., Canada, and the U.K. with a combined throughput capacity of approximately 3.0 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel (SAF), with a production capacity of approximately 1.2 billion gallons per year in the U.S. Gulf Coast region. See the annual report on Form 10-K for more information on SAF. Valero also owns 12 ethanol plants located in the U.S. Mid-Continent region with a combined production capacity of approximately 1.7 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments. Please visit investorvalero.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601844201/en/
2026-06-12 17:14 2mo ago
2026-06-02 19:00 3mo ago
Why Valero Energy (VLO) Outpaced the Stock Market Today
VLO Valero Energy Corporation
FMP Stock News
Original source text
Valero Energy (VLO - Free Report) closed at $258.26 in the latest trading session, marking a +2.27% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.45%, while the tech-heavy Nasdaq added 0.03%.

Shares of the oil refiner have appreciated by 0.35% over the course of the past month, outperforming the Oils-Energy sector's loss of 3.92%, and lagging the S&P 500's gain of 5.25%.

Market participants will be closely following the financial results of Valero Energy in its upcoming release. The company is predicted to post an EPS of $7.09, indicating a 210.96% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $35.73 billion, up 19.54% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of $26.51 per share and revenue of $133.18 billion, which would represent changes of +149.86% and +8.56%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Valero Energy. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.3% upward. Currently, Valero Energy is carrying a Zacks Rank of #1 (Strong Buy).

In terms of valuation, Valero Energy is currently trading at a Forward P/E ratio of 9.52. This signifies a premium in comparison to the average Forward P/E of 9.4 for its industry.

Also, we should mention that VLO has a PEG ratio of 0.37. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Oil and Gas - Refining and Marketing industry was having an average PEG ratio of 0.37.

The Oil and Gas - Refining and Marketing industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 6, placing it within the top 3% of over 250 industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2026-06-12 17:14 2mo ago
2026-06-04 10:01 3mo ago
This Top Oils and Energy Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
VLO Valero Energy Corporation
FMP Stock News
Original source text
Building a successful investment portfolio takes skill and hard work, no matter if you're a growth, value, income, or momentum-focused investor.

But how do you find the right combination of stocks? Funding your retirement, your kids' college tuition, or your short- and long-term savings goals certainly requires significant returns.

Enter the Zacks Rank.

What is the Zacks Rank?The Zacks Rank is a unique, proprietary stock-rating model that utilizes earnings estimate revisions to help investors build a winning portfolio.

There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise.

Agreement is the extent to which all brokerage analysts are revising their earnings estimates in the same direction. The greater the percentage of analysts revising their estimates higher, the better chance the stock will outperform.

Magnitude is the size of the recent change in the consensus estimate for the current and next fiscal years.

Upside is the difference between the most accurate estimate, which is calculated by Zacks, and the consensus estimate.

Surprise is made up of a company's last few quarters' earnings per share surprises; companies with a positive earnings surprise are more likely to beat expectations in the future.

These four factors are assigned a raw score that's recalculated every night, which is then compiled into the ranking system. Stocks are classified into five groups using this data, ranging from "Strong Buy" to "Strong Sell."

The Power of Institutional InvestorsThe Zacks Rank also allows individual investors, or retail investors, to benefit from the power of institutional investors.

Institutional investors are responsible for managing the trillions of dollars invested in mutual funds, hedge funds, and investment banks. Research has shown that these investors can and do move the market due to the large amount of money they deal with, and thus, the market tends to move in the same direction as them.

In order to determine the fair value of a company and its shares, institutional investors design valuation models that focus on earnings and earnings estimates. Because if you raise earnings estimates, it then creates a higher fair value for a company and its stock price.

Institutional investors then act on these changes in earnings estimates, typically buying stocks with rising estimates and selling those with falling estimates; an increase in earnings estimates can translate into higher stock prices and bigger gains for the investor.

Because it can take a long time for an institutional investor to build a position--sometimes weeks, if not months--retail investors who get in at the first sign of upward revisions have a distinct advantage over these larger investors, and can benefit from the expected institutional buying that will follow.

Not only can the Zacks Rank help you take advantage of trends in earnings estimate revisions, but it can also provide a way to get into stocks that are highly sought after by professionals.

How to Invest with the Zacks RankThe Zacks Rank is known for transforming investment portfolios. In fact, a portfolio of Zacks Rank #1 (Strong Buy) stocks has beaten the market in 26 of the last 32 years, with an average annual return of +23.7%.

Moreover, stocks with a new #1 (Strong Buy) ranking have some of the biggest profit potential, while those that fell to a #4 (Sell) or #5 (Strong Sell) have some of the worst.

Let's take a look at Valero Energy (VLO - Free Report) , which was added to the Zacks Rank #1 list on April 22, 2026. San Antonio, TX-based Valero Energy Corporation is the largest independent refiner and marketer of petroleum products in the United States. The company was founded in 1980. It has a refining capacity of 3 million barrels per day across 14 refineries located throughout the United States, Canada and the United Kingdom.

Nine analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $10.65 to $26.51 per share. VLO also boasts an average earnings surprise of 28%.

Analysts are expecting earnings to grow 149.9% for the current fiscal year, with revenue forecasted to rise 8.6%.

Additionally, VLO has climbed higher over the past four weeks, gaining 10.5%. The S&P 500 is up 4.6% in comparison.

Bottom LineWith a #1 (Strong Buy) ranking, positive trend in earnings estimate revisions, and strong market momentum, Valero Energy should be on investors' shortlist.

If you want even more information on the Zacks Ranks, or one of our many other investing strategies, check out the Zacks Education home page.

Discover Today's Top StocksOur private Zacks #1 Rank List, based on our quantitative Zacks Rank stock-rating system, has more than doubled the S&P 500 since 1988. Applying the Zacks Rank in your own trading can boost your investing returns on your very next trade. See Today's Zacks #1 Rank List >>
2026-06-12 17:14 2mo ago
2026-06-04 10:16 3mo ago
Valero Energy Corporation (VLO) Hit a 52 Week High, Can the Run Continue?
VLO Valero Energy Corporation
FMP Stock News
Original source text
A strong stock as of late has been Valero Energy (VLO - Free Report) . Shares have been marching higher, with the stock up 10.5% over the past month. The stock hit a new 52-week high of $265.61 in the previous session. Valero Energy has gained 60.6% since the start of the year compared to the 28% gain for the Zacks Oils-Energy sector and the 48.2% return for the Zacks Oil and Gas - Refining and Marketing industry.

What's Driving the Outperformance?The stock has a great record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on April 30, 2026, Valero Energy reported EPS of $4.22 versus consensus estimate of $3.07.

For the current fiscal year, Valero Energy is expected to post earnings of $26.51 per share on $133.18 in revenues. This represents a 149.86% change in EPS on a 8.56% change in revenues. For the next fiscal year, the company is expected to earn $21.35 per share on $128.93 in revenues. This represents a year-over-year change of -19.49% and -3.19%, respectively.

Valuation MetricsThough Valero Energy has recently hit a 52-week high, what is next for Valero Energy? 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 they provide investors with an additional way to sort 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.

Valero Energy has a Value Score of B. The stock's Growth and Momentum Scores are B and F, respectively, giving the company a VGM Score of B.

In terms of its value breakdown, the stock currently trades at 9.9X current fiscal year EPS estimates, which is a premium to the peer industry average of 9.7X. On a trailing cash flow basis, the stock currently trades at 12.1X versus its peer group's average of 9.3X. Additionally, the stock has a PEG ratio of 0.39. 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 is even more important than the company's VGM Score. Fortunately, Valero Energy currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts.

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 Valero Energy meets the list of requirements. Thus, it seems as though Valero Energy shares could have potential in the weeks and months to come.

How Does VLO Stack Up to the Competition?Shares of VLO 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 Marathon Petroleum Corporation (MPC - Free Report) . MPC has a Zacks Rank of #1 (Strong Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of C.

Earnings were strong last quarter. Marathon Petroleum Corporation beat our consensus estimate by 129.17%, and for the current fiscal year, MPC is expected to post earnings of $30.05 per share on revenue of $138.49 billion.

Shares of Marathon Petroleum Corporation have gained 8.7% over the past month, and currently trade at a forward P/E of 8.89X and a P/CF of 12.23X.

The Oil and Gas - Refining and Marketing industry is in the top 3% of all the industries we have in our universe, so it looks like there are some nice tailwinds for VLO and MPC, even beyond their own solid fundamental situation.
2026-06-12 17:14 2mo ago
2026-06-04 10:41 3mo ago
Here's Why Valero Energy (VLO) is a Strong Value Stock
VLO Valero Energy Corporation
FMP Stock News
Original source text
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.

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 also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also 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 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 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 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.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus 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 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.

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: Valero Energy (VLO - Free Report) San Antonio, TX-based Valero Energy Corporation is the largest independent refiner and marketer of petroleum products in the United States. The company was founded in 1980. It has a refining capacity of 3 million barrels per day across 14 refineries located throughout the United States, Canada and the United Kingdom.

VLO is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of B.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 9.86; value investors should take notice.

Nine analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $10.65 to $26.51 per share. VLO also boasts an average earnings surprise of +28%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, VLO should be on investors' short list.
2026-06-12 17:14 2mo ago
2026-06-04 12:20 3mo ago
Why High Oil Prices Won't Fully Derail VLO's Refining Strength
VLO Valero Energy Corporation
FMP Stock News
Original source text
Key Takeaways Valero Energy could face high crude costs, but tight capacity keeps refining margins strong.Gasoline, diesel and jet fuel demand stays resilient, supporting busy refineries and VLO's strength.Marathon Petroleum and Phillips 66 may gain from tight global refining capacity and high utilization. The Iran-war shock is driving the high crude oil prices, with the price of West Texas Intermediate (“WTI”) crude currently trading at more than the $90-per-barrel mark. The U.S. Energy Information Administration (“EIA”) in its latest short-term energy outlook projected WTI at $85.68 per barrel this year, higher than $65.40 last year. Thus, with oil prices likely to remain elevated, refiners like Valero Energy Corporation (VLO - Free Report) could see pressure on their overall business. However, that does not appear to be the case. Let’s delve deeper.

The global refining capacity is constrained, and fuel inventories are low. On the demand side, gasoline, diesel and jet fuel remain resilient. This means people are still driving and flying quite often, while diesel demand suggests transportation, freight, agriculture and industrial activity are still holding up. As a result, with busy refineries and fuel not in abundant supply, refining margins for refiners like VLO are quite strong.

Thus, surprisingly, with crude prices likely to remain high, investors shouldn’t allocate their money only to exploration and production companies but also to refining players like VLO, even though high crude prices have been increasing refiners’ input costs.

Will MPC & PSX Also Gain?Marathon Petroleum Corp. (MPC - Free Report) and Phillips 66 (PSX - Free Report) are two other leading refining companies that are well poised to gain from the tight refining capacities across the globe.

MPC runs refining systems that are the largest in the United States. With high utilization of refineries, Marathon Petroleum is well-positioned to capture almost all of the available profitable opportunities. 

Phillips 66’s refineries have excellent processing capacity and can handle different grades of crude, and hence can earn a handsome margin after processing low-cost heavy crude. Importantly, PSX expects its refining operations to be responsible for contributing almost 33% of its total adjusted EBITDA by 2027.

VLO’s Price Performance, Valuation & EstimatesShares of VLO have gained 106.1% over the past year compared with the 61.5% improvement of the industry.

Image Source: Zacks Investment Research

From a valuation standpoint, VLO trades at a trailing 12-month enterprise value to EBITDA of 7.95X. This is above the broader industry average of 5.95X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for VLO’s 2026 earnings has seen upward revisions over the past 30 days.

Image Source: Zacks Investment Research

VLO currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.