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2026-06-12 14:05 2mo ago
2026-05-01 12:20 4mo ago
UPDATE – eXp World Holdings to Announce First Quarter 2026 Results on May 11, 2026
EXPI eXp World Holdings
FMP Stock News
Original source text
Management to discuss first quarter 2026 results and host investor Q&A at virtual event Management to discuss first quarter 2026 results and host investor Q&A at virtual event
2026-06-12 14:05 2mo ago
2026-05-05 12:00 4mo ago
Sharif Hatab Joins eXp Realty, Merges with Peter Boutros to Launch Unify Real Estate Team in New Jersey
EXPI eXp World Holdings
FMP Stock News
Original source text
Sharif Hatab's move to eXp Realty united two established New Jersey brands under Unify Real Estate Team — built for growth, infrastructure, and expansion.

BELLINGHAM, Wash., May 05, 2026 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric™ real estate brokerage on the planet” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that top-producing New Jersey real estate leader Sharif Hatab has joined eXp Realty and merged his established Team Sharif Sells brand with longtime eXp Realty leader Peter Boutros’ Stunning NJ Homes to form Unify Real Estate Team.

The strategic move combines more than $120 million in 2025 sales volume and 309 transactions, creating a newly unified platform designed for long-term scalability and future expansion throughout New Jersey and beyond.

“Sharif and Peter’s decision reflects exactly where the most forward-thinking leaders in real estate are headed,” said Leo Pareja, CEO of eXp Realty. “The industry is evolving faster than ever, and the leaders who will define the next era aren’t waiting to see what happens — they’re making deliberate, strategic moves today. That’s precisely what Sharif and Peter have done. Their decision to unify and scale under eXp isn’t just smart business — it’s a blueprint for where real estate teams are going.”

For Hatab, the move to eXp Realty followed years of evaluating brokerage models, expansion strategies, and long-term platform opportunities.

“As our team grew, it became increasingly clear that if we wanted to build a true platform with long-term scalability, leadership opportunities, and national expansion potential, we needed to align with a model designed for that future,” said Hatab. “eXp offered the collaboration, scalability, and ecosystem we needed, and merging with Peter created an even bigger opportunity to build something neither of us could create as effectively alone.”

Boutros, a six-time eXp ICON agent and founder of Stunning NJ Homes, said the merger represents a significant shift in how top teams may increasingly approach growth.

“We are no longer simply competing as individual teams,” said Boutros. “We now operate as a true platform with the infrastructure, systems, and resources to compete at a much higher level while still maintaining founder-led local leadership.”

Under the Unify Real Estate Team banner, the merged organization will operate with one CRM, one lead funnel, one playbook, and a significantly expanded support structure designed to improve operational consistency, speed to lead, coaching, and agent development. Leadership roles will focus heavily on sales growth, recruiting, coaching, and long-term wealth-building opportunities for agents seeking larger-scale business models.

As eXp Realty continues attracting top-producing operators focused on platform-building, collaboration, and expansion, the launch of Unify Real Estate Team highlights how ambitious leaders are increasingly leveraging the brokerage’s model to create larger, more scalable organizations.

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: EXPI) is the parent company of eXp Realty®, “the most agent-centric™ real estate brokerage on the planet,” and SUCCESS® Enterprises. Through a cloud-based platform and agent-centric model, eXp Realty empowers real estate professionals with industry-leading commission structures, revenue share, equity ownership, and access to a global community. With operations spanning the Americas, Europe, the Middle East, Asia Pacific, and South Africa, eXp continues to redefine how agents connect, grow, and succeed in real estate. As a publicly traded company, eXp World Holdings prioritizes transparency, innovation, and long-term value for agents, staff, and shareholders.

Safe Harbor and Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company’s and its management’s current expectations but involve known and unknown risks and uncertainties that could impact actual results materially. These statements include, but are not limited to, statements regarding the anticipated success of agents or teams joining eXp Realty, future production goals or volume projections, and participation in or benefits derived from the Company’s platform, tools, compensation model, or equity programs. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include real estate market fluctuations, changes in agent retention or recruitment, competitive pressures, regulatory changes, and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. We do not undertake any obligation to update these statements except as required by law.

Media Contact
eXp World Holdings, Inc.
[email protected]

Investor Relations
Denise Garcia
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/05a42eec-cd1d-41e1-b0d0-1fca925480a4
2026-06-12 14:04 2mo ago
2026-05-06 12:00 4mo ago
Industry Veteran Mario J Alvarez Jr Brings $1B+ Track Record to eXp Commercial
EXPI eXp World Holdings
FMP Stock News
Original source text
BELLINGHAM, Wash., May 06, 2026 (GLOBE NEWSWIRE) -- eXp Commercial, a nationwide virtual commercial real estate brokerage and subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that Mario J Alvarez Jr has joined the company. A seasoned executive and entrepreneur with more than 20 years of experience in the commercial real estate (CRE) sector, Alvarez brings an elite background of strategic leadership and over $1 billion in career gross transaction volume.

Based in Southern California, Alvarez is widely recognized as a dominant force in the Inland Empire, San Gabriel Valley, Coachella Valley, and High Desert markets. His transition to eXp Commercial marks a significant milestone as the firm continues to attract top-tier institutional talent across the industry.

Alvarez previously served as a Market Leader and Managing Director at Marcus & Millichap, where he oversaw 50 agents and a portfolio featuring over $5 billion in listed inventory across the United States. His leadership spanned approximately 415 transactions across diverse asset classes, including Hospitality, Multi-Family, Retail, and Industrial.

His resume includes tenures as Executive Vice President at NAI Capital and Managing Director at Newmark, where he spearheaded private-capital retail investment sales.

“Mario pairs a massive $1 billion track record with a rare entrepreneurial spirit that is exactly what we look for at eXp,” said Leo Pareja, CEO of eXp Commercial. “His deep roots in Southern California and his unwavering commitment to empowering those around him make him a tremendous asset to the culture we are building. In this business, proximity is power, and bringing a leader of Mario’s caliber into our tribe will only accelerate the success of everyone around him.”

Alvarez’s move reflects a growing trend of top-producing advisors choosing eXp Commercial for its autonomy, equity participation, and institutional-grade support.

“Joining eXp Commercial was a strategic decision driven by alignment,” said Alvarez. “The platform delivers advanced commercial real estate tools and innovative technology that elevate how we serve clients. More importantly, it fosters a truly collaborative environment — one that extends across the United States and internationally — creating meaningful opportunities to scale. Coupled with experienced leadership that actively partners with advisors, eXp Commercial provides the foundation to build lasting, generational wealth for both our business and our clients.”

About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) is the holding company for eXp Commercial, a nationwide cloud-based commercial real estate brokerage. As a publicly traded company, it offers commercial advisors the unique opportunity to earn equity awards for meeting production goals and driving company growth. With advanced technology and a global network, eXp Commercial helps advisors grow their businesses and serve clients across commercial sectors like office, industrial, retail, multifamily, land, specialty properties and more. Learn more at https://www.expcommercial.com/ and https://expworldholdings.com.

Safe Harbor and Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company’s and its management’s current expectations but involve known and unknown risks and uncertainties that could impact actual results materially. These statements include, but are not limited to, statements regarding the anticipated success of advisors or teams joining eXp Commercial, future production goals or volume projections, and participation in or benefits derived from the Company’s platform, tools, compensation model, or equity programs. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include real estate market fluctuations, changes in advisor retention or recruitment, competitive pressures, regulatory changes, and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. We do not undertake any obligation to update these statements except as required by law.

Media Contact
eXp World Holdings, Inc.
[email protected]

Investor Relations
Denise Garcia
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/087032db-8325-430b-8162-380fc38172d2

Industry Veteran Mario J Alvarez Jr Brings $1B+ Track Record to eXp Commercial With over $1 billion in individual gross transaction volume and recent oversight of $5 billion in di...
2026-06-12 14:04 2mo ago
2026-05-07 12:00 4mo ago
eXp World Holdings to Begin Trading as AGNT, Acquires NextHome to Launch Unified Platform for Franchise and Cloud Brokerage
EXPI eXp World Holdings
FMP Stock News
Original source text
The acquisition brings NextHome’s franchising expertise into the eXp ecosystem, offering real estate professionals a choice between franchise ownership and cloud-based models

Starting tomorrow, EXPI shares will begin trading under “AGNT”

BELLINGHAM, Wash., May 07, 2026 (GLOBE NEWSWIRE) --  eXp World Holdings, Inc. (Nasdaq: AGNT) (“eXp” and the “Company”), the holding company for eXp Realty®, FrameVR.io, and SUCCESS® Enterprises, today announced it has acquired NextHome, Inc., an award-winning national real estate franchise. This acquisition transforms eXp’s world-class infrastructure into a versatile, multi-model platform capable of supporting diverse business models and brands under one global umbrella. In conjunction with this acquisition, eXp World Holdings, Inc. will officially begin trading under the new ticker symbol “AGNT” on the Nasdaq Global Market effective at the market open on May 8, 2026.

With the addition of a franchise model alongside its cloud-based brokerage, eXp World Holdings is architecting a leading multi-model ecosystem designed to propel the industry’s most ambitious entrepreneurs. NextHome brings a proven, scalable franchise model into the eXp ecosystem with 500+ franchisees across the U.S. and five consecutive years ranked No. 1 for franchise owner satisfaction by Franchise Business Review. NextHome is led by one of the most respected, well-known, and outspoken leadership teams in residential real estate, who will continue to drive NextHome’s growth within the new eXp platform. Together, AGNT now offers every entrepreneurial real estate professional a seat at the table, on their own terms.

"The industry has reached a tipping point, a one-size-fits-all model no longer works for the visionary entrepreneur," said Leo Pareja, CEO of eXp Realty. "AGNT is a declaration of who we build for. Adding the NextHome franchise model gives our agents and franchise owners maximum optionality, backed by a proven leadership team and now with a unified world-class infrastructure and an expanded global network. Teams and agents need more paths forward, and the industry needs companies led by people who don't just talk about being agent-centric, but live it. We're building a platform that supports multiple models, because every agent, and every consumer served, deserves choice."

James Dwiggins, Co-CEO of NextHome and a third-generation real estate entrepreneur, added: "Joining forces with eXp World Holdings is a natural evolution of our 'Humans Over Houses®' mission. By plugging into the most agent-centric™ real estate engine in the world, our franchise owners and agents will now gain access to unmatched depth, inventory, global network, and the kind of industry talent and influence that moves markets. We looked at every real estate company across the U.S., and eXp aligns with us the most — from company culture to philosophy to a leadership team that truly advocates for agents and consumers. This is the right partner to grow the NextHome brand and lead franchise expansion across the world."

The Architecture of Growth: Redefining the Real Estate Landscape

Today, AGNT becomes a multi-model leader where the industry's most dedicated entrepreneurs come to grow, lead, and stay. Whether you are an independent agent driven by eXp Realty’s cloud-powered scale, featuring aggressive commission splits, revenue share, and true equity ownership, or a franchise owner drawn to NextHome’s human-first culture, you are no longer just choosing a brand; you are choosing a global operating system designed for the modern entrepreneur. Two models. Maximum optionality. By bridging industry-leading technology with a massive global referral network and shared professional services, we’ve built a borderless ecosystem that empowers every level of real estate professional to build a legacy.

EXPI is now AGNT: Built by Agents. Built for Agents.

Shares of the Company’s common stock will begin trading tomorrow morning on the Nasdaq Global Market under the new ticker symbol, “AGNT.” The Company’s CUSIP number will remain unchanged, and no action is required by existing shareholders in connection with the ticker change.

The new ticker symbol, AGNT, reflects the Company’s strategic evolution and its continued focus on empowering independent agents and brokers through a cloud-based, technology-driven multi-platform model.

“AGNT is more than a ticker, it’s a declaration of who we are and who we serve,” continued Pareja. “Every decision we make at eXp is in service of our agents and their customers, and now that mission is reflected in our market identity. This is a proud moment for our entire community, and I look forward to building on this momentum as we continue to redefine what it means to be an agent-centric real estate platform.”

About eXp World Holdings, Inc.

eXp World Holdings, Inc. (Nasdaq: AGNT) is the parent company of eXp Realty®, “the most agent-centric™ real estate brokerage on the planet,” FrameVR.io, and SUCCESS® Enterprises. Through a cloud-based platform and agent-centric model, eXp Realty empowers real estate professionals with industry-leading commission structures, revenue share, equity ownership, and access to a global community. With operations spanning the Americas, Europe, the Middle East, Asia Pacific, and South Africa, eXp continues to redefine how agents connect, grow, and succeed in real estate. As a publicly traded company, eXp World Holdings prioritizes transparency, innovation, and long-term value for agents, staff, and shareholders.

About NextHome, Inc.

NextHome is a modern, people-first real estate franchise that combines smart technology, standout marketing, and a caring culture to make buying and selling your home simpler and more human. Each office is an independently owned and operated business.

Safe Harbor and Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company’s and its management’s current expectations but involve known and unknown risks and uncertainties that could cause actual results to differ materially. These statements include, but are not limited to, statements regarding the anticipated benefits of the acquisition of NextHome, Inc., the expected growth and expansion of the NextHome franchise model within the eXp ecosystem, the anticipated advantages of eXp’s multi-model platform for agents and franchise owners, the planned trading of the Company’s common stock under the new ticker symbol “AGNT,” and the Company’s ability to execute on its strategic vision as a multi-model real estate platform. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include risks associated with integrating NextHome’s operations and franchise network into eXp’s platform, real estate market fluctuations, changes in agent retention or recruitment, franchise owner satisfaction and retention, competitive pressures in both the cloud-based brokerage and franchise markets, regulatory changes affecting real estate brokerage or franchise operations, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. We do not undertake any obligation to update these statements except as required by law.

Media Relations Contact:

eXp World Holdings, Inc.

[email protected]

Investor Relations Contact:

Denise Garcia

[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a2e790be-fe3e-4354-94b5-44053cd2db0c

eXp World Holdings to Begin Trading as AGNT, Acquires NextHome to Launch Unified Platform for Franch... The acquisition brings NextHome’s franchising expertise into the eXp ecosystem, offering real estate...
2026-06-12 14:04 2mo ago
2026-05-11 07:45 3mo ago
eXp World Holdings Reports Q1 2026 Results
EXPI eXp World Holdings
FMP Stock News
Original source text
BELLINGHAM, Wash., May 11, 2026 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: AGNT) (the “Company,” “eXp” or “we”), the holding company for eXp Realty®, NextHome, Inc., FrameVR.io and SUCCESS® Enterprises, today announced financial results for the first quarter 2026 ended March 31, 2026.

“Our first quarter results exceeded our revenue expectations as agent productivity continues to increase,” said Leo Pareja, CEO of eXp Realty. “We have always been a company built by agents, built for agents, and this quarter we’ve taken a meaningful step in broadening that mission. The addition of NextHome creates maximum optionality across our platform. This multi-model approach serves the full spectrum of real estate entrepreneurs on a single, unified global platform that empowers every agent to grow their business on their own terms.”

“With the acquisition of NextHome, eXp World Holdings has evolved into a borderless, multi-model leader,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “This strategic move, punctuated by our new ticker ‘AGNT,’ reflects our position as a forward-thinking operating platform built to power the modern agent. By integrating a best-in-class franchise vehicle into our technology-driven ecosystem, we are providing the infrastructure for agent entrepreneurs to scale without the traditional friction of brick-and-mortar overhead. This evolution makes our entire network more valuable for everyone, creating a more durable organization designed to thrive throughout any market cycle.”

“I am pleased with our first quarter results, which are a direct reflection of the company's scale and our focus on operational efficiency across eXp World Holdings,” said Jesse Hill, Chief Financial Officer of eXp World Holdings. “We generated revenue of $1.0 billion and Adjusted EBITDA of $4.1 million, an 88% improvement that further strengthened our financial position. More recently, we executed the strategic NextHome acquisition using cash on hand and zero debt. Moving forward, we remain committed to maintaining our financial discipline, with an acute focus on continued operational efficiency and cost management.”

First Quarter 2026 Consolidated Financial Highlights as Compared to the Same Year-Ago Period:

Revenue increased 5% to $1.0 billion from $954.9 million.Net loss was $(5.1) million and net loss per diluted share was $(0.03) per share, compared to net loss of $(11.0) million and net loss per diluted share of $(0.07).Operating expenses of $84.1 million, a 3% decrease from $86.5 million.Adjusted EBITDA1 (a non-GAAP financial measure) of $4.1 million, an 88% increase from $2.2 million.As of March 31, 2026, cash and cash equivalents totaled $122.1 million, compared to $115.7 million as of March 31, 2025.Net cash provided by operating activities was $20.6 million, compared to $39.8 million.Adjusted operating cash flow2 (a non-GAAP financial measure) was $9.6 million, compared to $28.2 million.Distributed $8.0 million of cash dividends to shareholders.The Company paid a cash dividend for the first quarter of 2026 of $0.05 per share of common stock on March 27, 2026. On April 23, 2026, the Company’s Board of Directors declared a cash dividend of $0.05 per share of common stock for the second quarter of 2026, expected to be paid on June 5, 2026 to stockholders of record on May 22, 2026. First Quarter 2026 Operational Highlights as Compared to the Same Year-Ago Period:

eXp ended the first quarter of 2026 with a global agent Net Promoter Score (“aNPS”) of 67, compared to 78 in the prior-year period. aNPS is a measure of agent satisfaction and an important key performance indicator given the Company’s intense focus on improving the agent experience.Agents and brokers on the eXp Realty platform were 82,332 as of March 31, 2026, a 1% increase.First quarter 2026 real estate sales transactions increased 2% year-over-year to 91,598.First quarter 2026 real estate sales volume increased 5% year-over-year to $40.7 billion. Second Quarter 2026 Outlook:

Revenue between $1.36 billion and $1.45 billion.Operating expenses between $93 million and $97 million.Adjusted EBITDA1 between $16 million and $21 million. Full-Year 2026 Outlook:

Revenue between $4.85 billion and $5.15 billion.Operating expenses between $325 million and $345 million.Adjusted EBITDA1 between $50 million and $75 million. Adjusted EBITDA is a non-GAAP financial measure and has not been reconciled to the most comparable GAAP outlook because it is not possible to do so without unreasonable efforts due to the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management’s control and which could be significant. Because such items cannot be reasonably predicted with the level of precision required, we are unable to provide outlook for the comparable GAAP measures. Forward-looking estimates of Adjusted EBITDA are made in a manner consistent with the relevant definitions and assumptions noted in our filings with the Securities and Exchange Commission.

For a reconciliation of non-GAAP financial measures to the most directly comparable GAAP measures on a historical basis, see “US-GAAP Net Income (Loss) to Adjusted EBITDA Reconciliation" and "Adjusted Operating Cash Flow" included in this press release.

First Quarter 2026 Results – Virtual Fireside Chat

The Company will hold a virtual fireside chat and investor Q&A with eXp World Holdings Founder and Chief Executive Officer Glenn Sanford, eXp Realty Chief Executive Officer Leo Pareja, eXp Realty and eXp World Holdings Chief Financial Officer Jesse Hill on Monday, May 11, 2026 at 5:30 a.m. PT / 8:30 a.m. ET.

The investor Q&A is open to investors, current shareholders and anyone interested in learning more about eXp World Holdings and its companies. Submit questions in advance to [email protected].

Date: Monday, May 11, 2026

Time: 5:30 a.m. PT / 8:30 a.m. ET

Location: exp.world. Join at https://exp.world/earnings

Livestream: expworldholdings.com/events

About eXp World Holdings, Inc.

Built by Agents. Built for Agents. eXp World Holdings, Inc. (Nasdaq: AGNT) is the global parent company of eXp Realty®, the most agent-centric™ real estate brokerage on the planet, NextHome, Inc., an award-winning national real estate franchise, FrameVR.io, a virtual collaboration platform, and SUCCESS® Enterprises, a leading personal development and media brand for entrepreneurs. Together, the AGNT platform provides a world-class multi-model operating system empowering independent agents, franchise owners, and team leaders across the Americas, Europe, the Middle East, Asia Pacific, and South Africa. As a publicly traded company, eXp World Holdings prioritizes transparency, innovation, and long-term value for agents, franchise owners, staff, and shareholders.

eXp World Holdings, Inc. uses its website, www.expworldholdings.com, as a means of disclosing information which may be of interest or material to its investors and for complying with disclosure obligations under Regulation FD. We intend to announce material information to the public through filings with the Securities and Exchange Commission, our website (www.expworldholdings.com), press releases, public conference calls, public webcasts, and our Facebook, LinkedIn and Instagram pages for eXp Realty, eXp International and eXp World Holdings. Accordingly, investors should monitor each of these disclosure channels.

Use of Non-GAAP Financial Measures

To provide investors with additional information regarding our financial results, this press release includes references to adjusted EBITDA and adjusted operating cash flow which are non-U.S. GAAP financial measures that may be different from similarly titled measures used by other companies. These measures are presented to enhance investors’ overall understanding of the Company’s financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP.

The Company’s non-U.S. GAAP financial measures provide useful information about financial performance, enhance the overall understanding of past performance and future prospects, and allow for greater transparency with respect to key metrics used by management for financial and operational decision-making. These measures may also provide additional tools for investors to use in comparing core financial performance over multiple periods with other companies in the industry.

Adjusted EBITDA helps the reader identify underlying trends in the business that could otherwise be masked by the effect of the expenses excluded in adjusted EBITDA. In particular, the Company believes the exclusion of agent growth incentive stock-based compensation and stock compensation expense related to business acquisitions and stock option expenses provides a useful supplemental measure in evaluating the performance of operations and provides better transparency into results of operations. The Company defines the non-U.S. GAAP financial measure of adjusted EBITDA to mean net income, excluding other income (expense), income tax benefit (expense), depreciation, amortization, impairment charges, stock-based compensation expense and stock option expense and other items that are not core to the operating activities of the Company.Adjusted operating cash flow helps the reader understand the Company’s cash flow. The Company defines adjusted operating cash flow to mean net cash provided by operating activities, excluding the change in customer deposits. Adjusted EBITDA and adjusted operating cash flow should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with U.S. GAAP.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company’s current expectations, estimates, projections and assumptions about future events and financial performance and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.

Forward-looking statements in this press release include, but are not limited to, statements regarding: the Company’s financial outlook for the second fiscal quarter of 2026 and full year 2026, including revenue, operating expenses and Adjusted EBITDA; expectations regarding operating leverage, profitability, and cash generation; anticipated benefits from prior operational discipline initiatives and key leadership appointments; capital allocation priorities; potential growth and enhancement opportunities; international expansion; development, deployment and integration of artificial intelligence and other technology initiatives; agent productivity, attraction and retention; dividend payments; and long-term shareholder value creation.

The Company’s 2026 guidance and other forward-looking statements are based on assumptions and expectations as of the date of this release, including assumptions regarding housing market conditions, transaction volumes, agent count and productivity, competitive dynamics, the successful integration and operation of the NextHome franchise model and the realization of anticipated strategic benefits; macroeconomic trends, capital market conditions, regulatory environment, expense management, stock-based compensation, foreign currency impacts, and the absence of significant unforeseen events. These assumptions may prove to be incorrect.

Important factors that could cause actual results to differ materially from those indicated in forward-looking statements include, but are not limited to: adverse changes in residential real estate market conditions, interest rates, consumer confidence, or broader macroeconomic factors; fluctuations in agent attraction, retention, and productivity; the Company’s ability to achieve anticipated operating efficiencies and cost management objectives; variability in stock-based compensation expense and other non-cash charges; risks related to expansion into new markets, models or international jurisdictions; the successful development, integration and adoption of AI-enabled tools and other technology initiatives; competitive pressures, including changes in commission structures or brokerage models; regulatory, tax, or legal developments, including litigation outcomes; cybersecurity incidents or technology disruptions; capital allocation decisions, including dividends or share repurchases; and the timing, structure, or completion of potential growth and enhancement opportunities, if any, and the Company’s ability to realize anticipated benefits therefrom.

Forward-looking statements are not guarantees of future performance. The Company’s guidance represents management’s estimates as of the date of this release and should not be relied upon as necessarily indicative of future results. Actual results may vary materially and 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.

Additional information regarding risks and uncertainties that could affect the Company’s results is included in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.

Media Relations Contact:

eXp World Holdings, Inc.

[email protected]

Investor Relations Contact:

Denise Garcia

[email protected]

________________________________

1 A reconciliation of adjusted EBITDA, a non-GAAP measure, to net income and a discussion of why management believes adjusted EBITDA is useful is included below.
2 A reconciliation of adjusted operating cash flow, a non-GAAP measure, to net cash provided by operating activities and a discussion of why management believes adjusted operating cash flow is useful is included below.

     EXP WORLD HOLDINGS, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except share amounts and per share data)(UNAUDITED)   Three Months Ended March 31,   2026   2025 Revenues $1,005,541  $954,906 Commissions and other agent-related costs  930,194   878,771 Gross profit  75,347   76,135 Operating expenses    General and administrative expenses  64,213   66,871 Technology and development expenses  17,595   16,805 Sales and marketing expenses  2,327   2,835 Total operating expenses  84,135   86,511 Operating income (loss)  (8,788)  (10,376)Other (income) expense    Other (income) expense, net  (268)  (943)Equity in (income) losses of unconsolidated affiliates  130   (80)Other (income) expense, net  (138)  (1,023)Income (loss) before income tax expense  (8,650)  (9,353)Income tax (benefit) expense  (3,552)  1,671 Net income (loss) $(5,098) $(11,024)Earnings (loss) per share    Basic, net income (loss) $(0.03) $(0.07)Diluted, net income (loss) $(0.03) $(0.07)Weighted average shares outstanding    Basic  162,017,200   154,738,167 Diluted  162,017,200   154,738,167 Comprehensive income (loss):    Net income (loss) $(5,098) $(11,024)Other comprehensive income (loss):    Foreign currency translation gain (loss), net of tax  (1,874)  313 Comprehensive income (loss) $(6,972) $(10,711)      EXP WORLD HOLDINGS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except share amounts)  (Unaudited)    March 31, 2026 December 31, 2025     ASSETS    CURRENT ASSETS    Cash and cash equivalents $122,149  $124,245 Restricted cash  68,210   57,218 Accounts receivable, net of allowance for credit losses of $2,539 and $2,690, respectively  123,176   108,838 Prepaids and other assets  15,142   14,567 TOTAL CURRENT ASSETS  328,677   304,868 Property and equipment, net  15,149   14,314 Other noncurrent assets  23,106   23,495 Intangible assets, net  3,413   4,421 Deferred tax assets, net  79,186   77,510 Goodwill  17,635   17,872 TOTAL ASSETS $467,166  $442,480      LIABILITIES AND EQUITY    CURRENT LIABILITIES    Accounts payable $13,529  $14,613 Customer deposits  68,224   57,204 Accrued expenses  110,753   108,208 Litigation contingency  17,000   17,000 Other current liabilities  1,760   2,676 TOTAL CURRENT LIABILITIES  211,266   199,701 TOTAL LIABILITIES  211,266   199,701 EQUITY    Common Stock, $0.00001 par value 900,000,000 shares authorized; 211,059,707 issued and 164,323,924 outstanding at March 31, 2026 and 207,785,762 issued and 161,049,979 outstanding at December 31, 2025  2   2 Additional paid-in capital  1,133,497   1,105,434 Treasury stock, at cost: 46,735,783 shares held at March 31, 2026 and December 31, 2025  (742,879)  (742,879)Accumulated earnings (deficit)  (134,690)  (121,622)Accumulated other comprehensive income (loss)  (30)  1,844 TOTAL EQUITY  255,900   242,779 TOTAL LIABILITIES AND EQUITY $467,166  $442,480       EXP WORLD HOLDINGS, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)   Three Months Ended March 31,   2026   2025 OPERATING ACTIVITIES    Net income (loss) $(5,098) $(11,024)Reconciliation of net income (loss) to net cash provided by operating activities:    Depreciation expense  1,679   1,945 Amortization expense - intangible assets  643   616 Credit (benefit) losses on receivables/bad debt on receivables  (151)  605 Equity in loss of unconsolidated affiliates  165   (80)Agent growth incentive stock-based compensation expense  9,073   8,119 Other stock-based compensation  1,446   1,853 Agent equity stock-based compensation expense  18,555   20,756 Deferred income taxes, net  (1,675)  (1,509)Changes in operating assets and liabilities:    Accounts receivable  (14,023)  (15,808)Prepaids and other assets  (575)  (2,963)Customer deposits  11,020   11,685 Accounts payable  (1,083)  (369)Accrued expenses  1,512   25,828 Other operating activities  (917)  184 NET CASH PROVIDED BY OPERATING ACTIVITIES  20,571   39,838 INVESTING ACTIVITIES    Purchases of property and equipment  (2,514)  (2,553)Investments in unconsolidated affiliates  60   (11,244)Capitalized software development costs in intangible assets  365   (450)NET CASH USED IN INVESTING ACTIVITIES  (2,089)  (14,247)FINANCING ACTIVITIES    Repurchase of common stock  -   (4,982)Proceeds from exercise of options  21   300 Dividends declared and paid  (7,970)  (7,602)NET CASH USED IN FINANCING ACTIVITIES  (7,949)  (12,284)Effect of changes in exchange rates on cash, cash equivalents and restricted cash  (1,637)  329 Net change in cash, cash equivalents and restricted cash  8,896   13,636 Cash, cash equivalents and restricted cash, beginning balance  181,463   168,588 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, ENDING BALANCE $190,359  $182,224 SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    Cash paid for income taxes  1,397   1,480 SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING ACTIVITIES:    Property and equipment purchases in accounts payable  177   214       CONSOLIDATED US-GAAP NET INCOME (LOSS) TO CONSOLIDATED ADJUSTED EBITDA RECONCILIATION(In thousands)(UNAUDITED)   Three Months Ended March 31,   2026   2025 Net income (loss) $(5,098) $(11,024)Total other (income) expense, net  (138)  (1,023)Income tax (benefit) expense  (3,552)  1,671 Depreciation and amortization  2,322   2,561 Stock-based compensation expense(1)  9,073   8,119 Other stock-based compensation expense  1,446   1,853 Consolidated adjusted EBITDA $4,053  $2,157 (1) This includes agent growth incentive stock compensation expense and stock compensation expense related to business acquisitions.      ADJUSTED OPERATING CASH FLOW(In thousands)(UNAUDITED)     Three Months Ended March 31,   2026   2025 Net Cash Provided by Operating Activities $20,571  $39,838 Less: Customer Deposits  11,020   11,685 Adjusted Operating Cash Flow $9,551  $28,153  A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/da46898b-37b9-46e0-a3e7-6a5e3f0e465e
2026-06-12 14:04 2mo ago
2026-05-11 10:07 3mo ago
Exp World Q1 Earnings Call Highlights
EXPI eXp World Holdings
FMP Stock News
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2026-06-12 14:04 2mo ago
2026-05-11 16:15 3mo ago
NextHome Expands Southern California Footprint with Two New Coastal Offices
EXPI eXp World Holdings
FMP Stock News
Original source text
Brokerage leader Albert Meggers launches through NextHome’s new large-office franchise model, representing the first offices to join following eXp World Holdings’ acquisition of NextHome

PLEASANTON, Calif., May 11, 2026 (GLOBE NEWSWIRE) -- NextHome, an award-winning national real estate franchise and subsidiary of eXp World Holdings, Inc. (Nasdaq: AGNT), today announced the launch of two new Southern California brokerages through NextHome’s new large-office franchise model: NextHome Coastal Estates and NextHome Central Coast.

Owned by experienced brokerage leader Albert Meggers, both offices launch with nearly 200 agents serving California’s Central Coast and Ventura County markets. The Pismo Beach office will operate as NextHome Central Coast led by Jay Peet, while the Oxnard office will operate as NextHome Coastal Estates led by Omar Velazquez.

“NextHome has built something genuinely differentiated in the franchise space — a model that puts the operator first and a culture that agents are proud to be part of,” said James Dwiggins, President of NextHome. “The launch of NextHome Coastal Estates and NextHome Central Coast is a strong signal of what’s possible when an experienced operator finds the right partner. Albert and his teams are exactly the kind of leaders this model was built for, and we could not be more excited to welcome them to NextHome.”

For Meggers, the timing of his transition to NextHome felt well-aligned with the introduction of the new franchise model.

“Real estate is going through a period of punctuated change, and we have a voice in shaping the future based on who we affiliate with,” said Albert Meggers, owner of NextHome Central Coast and NextHome Coastal Estates. “If you honestly look at where NextHome fits within the real estate industry, the vast majority of agents align with its values. I’m excited to operate under a brand I can be proud of: a company that lives its values, supports its people, and genuinely cares about its operators. I’m confident I’ve found that at NextHome.”

With more than 20 years of experience in real estate business development, Meggers has built a reputation as a leader in market share growth and brokerage expansion. In 2006, he helped introduce a nationally franchised real estate brand into the Los Angeles market before expanding operations throughout Central California. Over time, he grew that company into one of the largest brokerages in California, operating 14 offices with more than 1,200 agents and holding dominant market share positions across multiple regions.

NextHome’s large-office model offers brokerages multiple technology paths under a single agreement, allowing operators to choose the structure that best fits their business. The model was designed to reduce operational overlap, simplify brokerage systems, and give leaders more flexibility in how they scale.

About eXp World Holdings, Inc. (AGNT)

Built by Agents. Built for Agents. eXp World Holdings, Inc. (Nasdaq: AGNT) is the global parent company of eXp Realty®, the most agent-centric™ real estate brokerage on the planet, NextHome, Inc., an award-winning national real estate franchise, FrameVR.io, a virtual collaboration platform, and SUCCESS® Enterprises, a leading personal development and media brand for entrepreneurs. Together, the AGNT platform provides a world-class multi-model operating system empowering independent agents, franchise owners, and team leaders across the Americas, Europe, the Middle East, Asia Pacific, and South Africa. As a publicly traded company, eXp World Holdings prioritizes transparency, innovation, and long-term value for agents, franchise owners, staff, and shareholders.

Safe Harbor and Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect eXp World Holdings, Inc.’s (the “Company”) and its management’s current expectations but involve known and unknown risks and uncertainties that could cause actual results to differ materially. These statements include, but are not limited to, statements regarding the anticipated success and growth of NextHome Coastal Estates and NextHome Central Coast, the expected benefits of NextHome’s large-office franchise model for brokerage operators, the anticipated expansion of NextHome’s footprint in Southern California and other markets, and the Company’s ability to attract and retain experienced operators and agents across its franchise network. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include real estate market fluctuations, changes in agent retention or recruitment, franchise owner satisfaction and retention, competitive pressures in both the cloud-based brokerage and franchise markets, regulatory changes affecting real estate brokerage or franchise operations, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. We do not undertake any obligation to update these statements except as required by law.

Media Relations Contact:
eXp World Holdings, Inc.
[email protected]

Investor Relations Contact:
Denise Garcia
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8cc898d3-3319-42a5-aefc-c2a6878787a7
2026-06-12 14:04 2mo ago
2026-06-11 12:00 2mo ago
eXp World Holdings, Inc. Completes Transformation to AGNT, Inc.
EXPI eXp World Holdings
FMP Stock News
Original source text
BELLINGHAM, Wash., June 11, 2026 (GLOBE NEWSWIRE) -- AGNT, Inc. (Nasdaq: AGNT), the holding company for eXp Realty®, NextHome, Inc., FrameVR.io and SUCCESS® Enterprises (formerly known as eXp World Holdings, Inc.) (“AGNT” or the “Company”), today announced the completion of its corporate transformation, including the official renaming of the Company from eXp World Holdings, Inc. to AGNT, Inc. and the Company’s redomestication from Delaware to Texas.

The new name makes official what has defined the Company since its founding: an unwavering commitment to the success of independent real estate agents.

Since adopting the AGNT ticker in May 2026, alongside the addition of NextHome to its platform, the Company has operated as a true multi-model enterprise, uniting distinct brands under a single, agent-centric holding structure. This transformation brings the Company’s legal identity in line with that reality.

"We built this company around a single conviction: that agents deserve better economics, better technology, and a platform built in their image," said Glenn Sanford, Founder, Chairman and CEO of AGNT, Inc. "AGNT™ is the formalization of that belief. We are a multi-model platform, and every brand, every tool and every resource under this roof exists to serve agents at every stage of their career. AGNT is who we have always been and who we are building toward."

Echoing that focus at the brokerage level, Leo Pareja, CEO of eXp Realty, pointed to the platform's momentum.

"eXp Realty didn't become the world's largest independent brokerage by accident," said Leo Pareja, CEO of eXp Realty. "We built the technology, the culture and the agent economics around one goal: agents winning. AGNT gives that mission a permanent home at the holding company level. The platform is stronger than it has ever been, and we are just getting started."

AGNT Completes Redomestication to Texas

AGNT has also completed its redomestication to Texas. The move reflects a governance framework deliberately designed to match the realities of AGNT's agent-driven business model, where Texas law expressly permits directors and officers to consider the interests of constituencies critical to the enterprise — including agents — when exercising their fiduciary duties. The decision to redomesticate was the product of a Special Committee of independent directors, supported by outside counsel and a review process spanning more than a year, and was approved by AGNT’s stockholders at the Company’s Annual Meeting of Stockholders held on May 8, 2026.

About AGNT, Inc. (AGNT)

Built by Agents. Built for Agents. AGNT, Inc. (Nasdaq: AGNT) is the global parent company of eXp Realty®, the most agent-centric™ real estate brokerage on the planet, NextHome, Inc., an award-winning national real estate franchise, FrameVR.io, a virtual collaboration platform, and SUCCESS® Enterprises, a leading personal development and media brand for entrepreneurs. Together, the AGNT platform provides a world-class multi-model operating system empowering independent agents, franchise owners, and team leaders across the Americas, Europe, the Middle East, Asia Pacific, and South Africa. As a publicly traded company, AGNT prioritizes transparency, innovation, and long-term value for agents, franchise owners, staff, and shareholders.

AGNT, Inc. uses its website, www.agntinc.com, as a means of disclosing information which may be of interest or material to its investors and for complying with disclosure obligations under Regulation FD. We intend to announce material information to the public through filings with the Securities and Exchange Commission, our website (www.agntinc.com), press releases, public conference calls, public webcasts, and the following channels:

AGNT LinkedIn (linkedin.com/company/agntinc)AGNT Facebook (https://www.facebook.com/eXpWorldHoldings)AGNT Instagram (https://www.instagram.com/agnt.inc/)eXp Realty LinkedIn (https://www.linkedin.com/company/exp-realty/)eXp Realty Facebook (https://www.facebook.com/eXpRealty)eXp Realty Instagram (https://www.instagram.com/eXpRealty)eXp International LinkedIn (https://www.linkedin.com/company/exp-realty-international/)eXp International Facebook (https://www.facebook.com/expintl/)eXp International Instagram (https://www.instagram.com/exp.intl/) Accordingly, investors should monitor each of these disclosure channels.

Forward-Looking Statements

Statements related to the benefits and effects of the Company’s name change and redomestication to Texas (the “Corporate Transformation”) and other statements of future events or conditions following the Corporate Transformation are forward-looking statements. Actual future results or events, including, without limitation, future litigation, expectations related to the Texas business environment and Texas courts, potential benefits, implications, risks, costs, tax effects, costs savings or other related implications associated with the Corporate Transformation, the Company’s future financial position, growth opportunities and trends in the markets in which the Company operations, and prospects, plans and objectives of management and the Board, could differ materially due to a number of factors. These factors include, without limitation, legislative, regulatory, or judicial developments; unexpected costs, fees and expenses related to the Corporate Transformation; the nature, cost and outcome of any litigation and other legal proceedings, including any such proceedings related to the Corporate Transformation; unanticipated responses to the Corporate Transformation from stakeholders and others with whom the Company does business; and other risks identified in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 24, 2026, the Proxy Statement filed with the SEC on March 9, 2026, and as otherwise described or updated from time to time in the Company’s other filings with the SEC.

Media Relations Contact:
eXp World Holdings, Inc.
[email protected]

Investor Relations Contact:
Denise Garcia
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45a9d316-0692-4dfa-aa08-d11a8a62dfa0

eXp World Holdings, Inc. Completes Transformation to AGNT, Inc. Rename and redomestication to Texas unify the Company’s multi-model platform under the identity and ...
2026-06-12 14:04 2mo ago
2026-04-02 01:40 5mo ago
Analyzing Park National (NYSE:PRK) and Pinnacle Financial Partners (NYSE:PNFP)
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
Posted by Defense World Staff on Apr 2nd, 2026

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) and Park National (NYSE:PRK – Get Free Report) are both mid-cap financial services companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, valuation, analyst recommendations, risk, institutional ownership and dividends.

Risk and Volatility Pinnacle Financial Partners has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.Comparatively, Park National has a beta of 0.72, meaning that its share price is 28% less volatile than the S&P 500.

Profitability This table compares Pinnacle Financial Partners and Park National’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Pinnacle Financial Partners 19.41% 10.10% 1.19% Park National 23.46% 12.31% 1.50% Valuation & Earnings This table compares Pinnacle Financial Partners and Park National”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Pinnacle Financial Partners $3.32 billion 2.05 $641.86 million $8.09 10.83 Park National $557.19 million 5.29 $151.42 million $11.12 14.67 Pinnacle Financial Partners has higher revenue and earnings than Park National. Pinnacle Financial Partners is trading at a lower price-to-earnings ratio than Park National, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership 87.4% of Pinnacle Financial Partners shares are held by institutional investors. Comparatively, 62.7% of Park National shares are held by institutional investors. 1.5% of Pinnacle Financial Partners shares are held by company insiders. Comparatively, 2.2% of Park National shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Dividends Pinnacle Financial Partners pays an annual dividend of $2.00 per share and has a dividend yield of 2.3%. Park National pays an annual dividend of $4.40 per share and has a dividend yield of 2.7%. Pinnacle Financial Partners pays out 24.7% of its earnings in the form of a dividend. Park National pays out 39.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Pinnacle Financial Partners has increased its dividend for 1 consecutive years and Park National has increased its dividend for 8 consecutive years. Park National is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Analyst Ratings This is a breakdown of recent ratings for Pinnacle Financial Partners and Park National, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Pinnacle Financial Partners 0 8 10 1 2.63 Park National 0 3 0 1 2.50 Pinnacle Financial Partners currently has a consensus price target of $112.24, suggesting a potential upside of 28.08%. Park National has a consensus price target of $181.50, suggesting a potential upside of 11.25%. Given Pinnacle Financial Partners’ stronger consensus rating and higher possible upside, equities research analysts plainly believe Pinnacle Financial Partners is more favorable than Park National.

Summary Park National beats Pinnacle Financial Partners on 9 of the 17 factors compared between the two stocks.

About Pinnacle Financial Partners (Get Free Report)

Pinnacle Financial Partners, Inc. operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. It accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, such as online wire origination, enhanced ACH origination, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services, small business and commercial credit cards corporate purchasing cards, and virtual accounting/deposit escrow solutions. The company also offers equipment and working capital loan; commercial real estate loans, such as investment properties and business loan; secured and unsecured loans comprising installment and term, lines of credit, and residential first mortgage, as well as home equity loans and home equity lines of credit; and credit cards for consumers and businesses. In addition, the company provides investment products; brokerage and investment advisory programs; and fiduciary and investment services, including personal trust, investment management, estate administration, endowments, foundations, individual retirement accounts, escrow services, and custody. Further, it offers insurance agency services in the property and casualty area; investment, merger and acquisition advisory services, private debt, equity and mezzanine, and other middle-market advisory services; and other banking services, including telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.

About Park National (Get Free Report)

Park National Corporation operates as the bank holding company for Park National Bank that provides commercial banking and trust services in small and medium population areas. The company offers deposits for demand, savings, and time accounts; trust and wealth management services; cash management services; safe deposit operations; electronic funds transfers; Internet and mobile banking solutions with bill pay service; credit cards; and various additional banking-related services. It also provides commercial loans, including financing for industrial and commercial properties, financing for equipment, inventory and accounts receivable, acquisition financing, and commercial leasing, as well as for consumer finance companies; commercial real estate loans comprising mortgage loans to developers and owners of commercial real estate; originates financing leases primarily for the purchase of commercial vehicles, operating/manufacturing equipment, and municipal vehicles/equipment; consumer loans, such as automobile loans; consumer finance services; home equity lines of credit; and residential real estate and construction loans, as well as installment loans and commercial loans. In addition, the company offers aircraft financing services; and ParkDirect, a personal banking application. Park National Corporation was founded in 1908 and is headquartered in Newark, Ohio.

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2026-06-12 14:04 2mo ago
2026-04-02 12:46 5mo ago
Pinnacle Financial (PNFP) Could Be a Great Choice
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

Pinnacle Financial (PNFP - Free Report) is headquartered in Nashville, and is in the Finance sector. The stock has seen a price change of -7.92% since the start of the year. Currently paying a dividend of $0.50 per share, the company has a dividend yield of 2.28%. In comparison, the Banks - Southeast industry's yield is 2.15%, while the S&P 500's yield is 1.47%.

Looking at dividend growth, the company's current annualized dividend of $2.00 is up 108.3% from last year. Over the last 5 years, Pinnacle Financial has increased its dividend 3 times on a year-over-year basis for an average annual increase of 7.56%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Pinnacle Financial's current payout ratio is 11%, meaning it paid out 11% of its trailing 12-month EPS as dividend.

Earnings growth looks solid for PNFP for this fiscal year. The Zacks Consensus Estimate for 2026 is $10.22 per share, representing a year-over-year earnings growth rate of 22.10%.

Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. But, not every company offers a quarterly payout.

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, PNFP is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
2026-06-12 14:04 2mo ago
2026-04-03 05:09 5mo ago
FNY Investment Advisers LLC Invests $2.99 Million in Pinnacle Financial Partners, Inc. $PNFP
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
Posted by Defense World Staff on Apr 3rd, 2026

FNY Investment Advisers LLC purchased a new stake in Pinnacle Financial Partners, Inc. (NYSE:PNFP – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 31,332 shares of the company’s stock, valued at approximately $2,989,000. Pinnacle Financial Partners makes up about 0.9% of FNY Investment Advisers LLC’s investment portfolio, making the stock its 22nd biggest holding.

A number of other hedge funds have also made changes to their positions in PNFP. EJF Capital LLC lifted its holdings in shares of Pinnacle Financial Partners by 2.5% during the 2nd quarter. EJF Capital LLC now owns 5,138 shares of the company’s stock worth $567,000 after acquiring an additional 127 shares during the period. Profund Advisors LLC grew its position in Pinnacle Financial Partners by 4.6% in the third quarter. Profund Advisors LLC now owns 2,895 shares of the company’s stock valued at $272,000 after acquiring an additional 127 shares in the last quarter. Diversified Trust Co. increased its stake in Pinnacle Financial Partners by 0.3% during the 4th quarter. Diversified Trust Co. now owns 54,349 shares of the company’s stock worth $5,185,000 after buying an additional 137 shares during the period. Stephens Inc. AR increased its position in shares of Pinnacle Financial Partners by 7.3% during the third quarter. Stephens Inc. AR now owns 2,226 shares of the company’s stock worth $209,000 after acquiring an additional 152 shares during the last quarter. Finally, Hunter Perkins Capital Management LLC raised its position in shares of Pinnacle Financial Partners by 1.3% in the 4th quarter. Hunter Perkins Capital Management LLC now owns 12,850 shares of the company’s stock valued at $1,226,000 after purchasing an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 87.40% of the company’s stock.

Pinnacle Financial Partners Price Performance Shares of NYSE:PNFP opened at $87.57 on Friday. The company has a market cap of $6.79 billion, a PE ratio of 10.82, a PEG ratio of 0.40 and a beta of 1.00. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. Pinnacle Financial Partners, Inc. has a 1-year low of $81.08 and a 1-year high of $120.46.

Pinnacle Financial Partners Dividend Announcement The business also recently disclosed a dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 6th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 6th. Pinnacle Financial Partners’s dividend payout ratio is currently 24.72%.

Analyst Ratings Changes Several research firms have recently commented on PNFP. TD Cowen reaffirmed a “buy” rating on shares of Pinnacle Financial Partners in a report on Wednesday, January 7th. Evercore reiterated an “outperform” rating on shares of Pinnacle Financial Partners in a research note on Thursday, February 5th. Wall Street Zen raised shares of Pinnacle Financial Partners from a “sell” rating to a “hold” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft set a $116.00 target price on Pinnacle Financial Partners and gave the company a “buy” rating in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. decreased their target price on Pinnacle Financial Partners from $120.00 to $105.00 and set an “overweight” rating for the company in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.24.

Read Our Latest Stock Report on PNFP

Insider Activity at Pinnacle Financial Partners In other news, CFO Andrew J. Jr. Gregory acquired 1,000 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was purchased at an average cost of $94.52 per share, with a total value of $94,520.00. Following the acquisition, the chief financial officer owned 49,485 shares of the company’s stock, valued at $4,677,322.20. This trade represents a 2.06% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.46% of the company’s stock.

About Pinnacle Financial Partners (Free Report)

Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.

Featured Stories Five stocks we like better than Pinnacle Financial Partners

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2026-06-12 14:04 2mo ago
2026-04-08 10:30 5mo ago
Pinnacle Financial Partners named Official Bank of the Cadillac Championship in South Florida
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
MIAMI--(BUSINESS WIRE)---- $PNFP--Pinnacle Financial Partners (NYSE: PNFP) today announced a multiyear sponsorship agreement with the PGA TOUR's Cadillac Championship in Miami, Florida, marking the firm's first PGA TOUR event partnership and a significant milestone in strengthening its presence in one of the Southeast's most dynamic markets. The three-year agreement establishes Pinnacle as the Official Bank of the Cadillac Championship, held April 29–May 3, 2026, at Trump National Doral's Blue Monster. P.
2026-06-12 14:04 2mo ago
2026-04-13 01:58 4mo ago
Community Bancorp (NASDAQ:CMTV) and Pinnacle Financial Partners (NYSE:PNFP) Critical Comparison
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
Community Bancorp (NASDAQ:CMTV – Get Free Report) and Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) are both financial services companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, valuation, risk and earnings.

Profitability This table compares Community Bancorp and Pinnacle Financial Partners’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Community Bancorp 24.67% 15.77% 1.39% Pinnacle Financial Partners 19.41% 10.10% 1.19% Valuation & Earnings This table compares Community Bancorp and Pinnacle Financial Partners”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Community Bancorp $68.79 million 2.81 $16.97 million $3.01 11.52 Pinnacle Financial Partners $3.32 billion 2.16 $641.86 million $8.09 11.44 Pinnacle Financial Partners has higher revenue and earnings than Community Bancorp. Pinnacle Financial Partners is trading at a lower price-to-earnings ratio than Community Bancorp, indicating that it is currently the more affordable of the two stocks.

Dividends Community Bancorp pays an annual dividend of $1.00 per share and has a dividend yield of 2.9%. Pinnacle Financial Partners pays an annual dividend of $2.00 per share and has a dividend yield of 2.2%. Community Bancorp pays out 33.2% of its earnings in the form of a dividend. Pinnacle Financial Partners pays out 24.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Pinnacle Financial Partners has increased its dividend for 1 consecutive years.

Institutional & Insider Ownership 87.4% of Pinnacle Financial Partners shares are held by institutional investors. 9.3% of Community Bancorp shares are held by insiders. Comparatively, 1.5% of Pinnacle Financial Partners shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Risk & Volatility Community Bancorp has a beta of 0.25, suggesting that its stock price is 75% less volatile than the S&P 500. Comparatively, Pinnacle Financial Partners has a beta of 1, suggesting that its stock price has a similar volatility profile to the S&P 500.

Analyst Recommendations This is a summary of current recommendations for Community Bancorp and Pinnacle Financial Partners, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Community Bancorp 0 0 1 0 3.00 Pinnacle Financial Partners 0 7 11 1 2.68 Pinnacle Financial Partners has a consensus price target of $112.18, indicating a potential upside of 21.18%. Given Pinnacle Financial Partners’ higher possible upside, analysts clearly believe Pinnacle Financial Partners is more favorable than Community Bancorp.

Summary Pinnacle Financial Partners beats Community Bancorp on 10 of the 18 factors compared between the two stocks.

About Community Bancorp (Get Free Report)

Community Bancorp. operates as the bank holding company for Community National Bank that provides a range of retail banking services to residents, businesses, nonprofit organizations, and municipalities. It provides various consumer banking products and services, including checking accounts, savings programs, ATMs, debit/credit cards, and night deposit facilities, as well as online, mobile, and telephone banking. The company’s business banking products and services comprise credit products for various business purposes, including financing for commercial business properties, equipment, inventories, and accounts receivable, as well as letters of credit; and business checking and other deposit accounts, cash management services, repurchase agreements, ACH and wire transfer services, and remote deposit capture. It offers commercial real estate lending products for commercial developers and investors, residential builders and developers, and community development entities, which include credit products to facilitate the purchase of land and/or build structures for business, for investors to develop residential or commercial properties, and for real estate secured financing of existing businesses, as well as financing to startups and other small businesses. The company’s residential real estate lending products include fixed-rate and adjustable rate residential mortgage and home equity loans; retail credit products include personal, automobile, and boat/recreational vehicle loans; and municipal and institutional banking products and services for state and local governments, schools, charities, membership, and not-for-profit associations comprise deposit accounts, tax-exempt loans, lines of credit, and term loans, as well as a collateralized secured deposit products. It operates through a main office in Derby; and eleven branch offices in northeastern and central Vermont. Community Bancorp. was founded in 1851 and is headquartered in Derby, Vermont.

About Pinnacle Financial Partners (Get Free Report)

Pinnacle Financial Partners, Inc. operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. It accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, such as online wire origination, enhanced ACH origination, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services, small business and commercial credit cards corporate purchasing cards, and virtual accounting/deposit escrow solutions. The company also offers equipment and working capital loan; commercial real estate loans, such as investment properties and business loan; secured and unsecured loans comprising installment and term, lines of credit, and residential first mortgage, as well as home equity loans and home equity lines of credit; and credit cards for consumers and businesses. In addition, the company provides investment products; brokerage and investment advisory programs; and fiduciary and investment services, including personal trust, investment management, estate administration, endowments, foundations, individual retirement accounts, escrow services, and custody. Further, it offers insurance agency services in the property and casualty area; investment, merger and acquisition advisory services, private debt, equity and mezzanine, and other middle-market advisory services; and other banking services, including telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.

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2026-06-12 14:04 2mo ago
2026-04-15 02:17 4mo ago
Pinnacle Financial Partners (NYSE:PNFP) & Susquehanna Bancshares (NASDAQ:SUSQ) Financial Review
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
Posted by Defense World Staff on Apr 15th, 2026

Pinnacle Financial Partners (NYSE:PNFP – Get Free Report) and Susquehanna Bancshares (NASDAQ:SUSQ – Get Free Report) are both financial services companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, earnings, analyst recommendations, valuation, risk and dividends.

Analyst Recommendations This is a breakdown of recent ratings and target prices for Pinnacle Financial Partners and Susquehanna Bancshares, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Pinnacle Financial Partners 0 7 11 1 2.68 Susquehanna Bancshares 0 0 0 0 0.00 Pinnacle Financial Partners presently has a consensus price target of $112.18, suggesting a potential upside of 19.72%. Given Pinnacle Financial Partners’ stronger consensus rating and higher probable upside, research analysts clearly believe Pinnacle Financial Partners is more favorable than Susquehanna Bancshares.

Institutional & Insider Ownership 87.4% of Pinnacle Financial Partners shares are held by institutional investors. 1.5% of Pinnacle Financial Partners shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability This table compares Pinnacle Financial Partners and Susquehanna Bancshares’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Pinnacle Financial Partners 19.41% 10.10% 1.19% Susquehanna Bancshares N/A N/A N/A Valuation & Earnings This table compares Pinnacle Financial Partners and Susquehanna Bancshares”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Pinnacle Financial Partners $3.32 billion 2.19 $641.86 million $8.09 11.58 Susquehanna Bancshares N/A N/A N/A N/A N/A Pinnacle Financial Partners has higher revenue and earnings than Susquehanna Bancshares.

Summary Pinnacle Financial Partners beats Susquehanna Bancshares on 10 of the 10 factors compared between the two stocks.

About Pinnacle Financial Partners (Get Free Report)

Pinnacle Financial Partners, Inc. operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. It accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, such as online wire origination, enhanced ACH origination, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services, small business and commercial credit cards corporate purchasing cards, and virtual accounting/deposit escrow solutions. The company also offers equipment and working capital loan; commercial real estate loans, such as investment properties and business loan; secured and unsecured loans comprising installment and term, lines of credit, and residential first mortgage, as well as home equity loans and home equity lines of credit; and credit cards for consumers and businesses. In addition, the company provides investment products; brokerage and investment advisory programs; and fiduciary and investment services, including personal trust, investment management, estate administration, endowments, foundations, individual retirement accounts, escrow services, and custody. Further, it offers insurance agency services in the property and casualty area; investment, merger and acquisition advisory services, private debt, equity and mezzanine, and other middle-market advisory services; and other banking services, including telephone and online banking, mobile banking, debit cards, direct deposit and remote deposit capture, mobile deposit option, automated teller machine, and cash management services. Pinnacle Financial Partners, Inc. was incorporated in 2000 and is headquartered in Nashville, Tennessee.

About Susquehanna Bancshares (Get Free Report)

Susquehanna Bancshares, Inc. is a financial holding company. The Company conducts its business operations primarily through its commercial bank subsidiary, Susquehanna Bank, and other subsidiaries in the mid-Atlantic region to provide a range of retail and commercial banking and financial products and services. It provides a range of retail banking services, including checking, savings and club accounts, check cards, debit cards, money market accounts, certificates of deposit, individual retirement accounts, home equity lines of credit, residential mortgage loans, home improvement loans, automobile loans, personal loans, and internet and mobile banking services. It also provides a range of commercial banking services, including business checking accounts, cash management services, money market accounts, land acquisition and development loans, commercial loans, floor plan, equipment and working capital lines of credit, small business loans and internet banking services.

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2026-06-12 14:04 2mo ago
2026-04-15 11:00 4mo ago
Pinnacle Financial (PNFP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
The market expects Pinnacle Financial (PNFP - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on April 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis regional bank operator is expected to post quarterly earnings of $2.32 per share in its upcoming report, which represents a year-over-year change of +22.1%.

Revenues are expected to be $1.18 billion, up 155.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.43% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Pinnacle Financial?For Pinnacle Financial, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.64%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that Pinnacle Financial will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Pinnacle Financial would post earnings of $2.19 per share when it actually produced earnings of $2.24, delivering a surprise of +2.28%.

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

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Pinnacle Financial doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
2026-06-12 14:04 2mo ago
2026-04-20 17:00 4mo ago
Pinnacle Financial Partners announces common and preferred stock dividends
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
ATLANTA--(BUSINESS WIRE)--The board of directors of Pinnacle Financial Partners, Inc. (NYSE: PNFP) approved the following dividends for holders of common and preferred stock: $0.50 per share on the firm's common stock, payable on May 29, 2026, to shareholders of record as of May 1, 2026. $0.46646 per share on the firm's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, payable on June 22, 2026, to shareholders of record as of June 15, 2026. $0.52481 per share on the fir.
2026-06-12 14:04 2mo ago
2026-04-22 17:30 4mo ago
Pinnacle Financial Partners announces earnings for first quarter 2026
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
ATLANTA--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (NYSE: PNFP) today reported financial results for the quarter ended March 31, 2026.
2026-06-12 14:04 2mo ago
2026-04-22 20:01 4mo ago
Pinnacle Financial (PNFP) Q1 Earnings and Revenues Beat Estimates
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
Pinnacle Financial (PNFP - Free Report) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.3 per share. This compares to earnings of $1.9 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +3.91%. A quarter ago, it was expected that this regional bank operator would post earnings of $2.19 per share when it actually produced earnings of $2.24, delivering a surprise of +2.28%.

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

Pinnacle Financial, which belongs to the Zacks Banks - Southeast industry, posted revenues of $1.22 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.50%. This compares to year-ago revenues of $462.85 million. The company has topped consensus revenue estimates three 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.

Pinnacle Financial shares have added about 2.1% since the beginning of the year versus the S&P 500's gain of 3.2%.

What's Next for Pinnacle Financial?While Pinnacle Financial has underperformed 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 Pinnacle Financial was mixed. 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 #3 (Hold) for the stock. So, the shares are expected to perform in line with 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 $2.48 on $1.22 billion in revenues for the coming quarter and $10.27 on $4.97 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, Banks - Southeast is currently in the top 21% 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.

Another stock from the same industry, Amerant Bancorp Inc. (AMTB - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on April 23.

This company is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of +79.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Amerant Bancorp Inc.'s revenues are expected to be $100.23 million, down 4.9% from the year-ago quarter.
2026-06-12 14:04 2mo ago
2026-04-23 12:00 4mo ago
Pinnacle Financial Partners powers recruiting growth engine with 50 new revenue producing team members in 1Q26
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
ATLANTA--(BUSINESS WIRE)---- $pnfp #greatplacetowork--Pinnacle Financial Partners (NYSE: PNFP) hired 50 revenue-producing team members in the first quarter of 2026, progressing toward its goal of hiring 225-250 such team members this year. On average, they bring more than 18 years of financial services experience to the firm, coming from banks like Chase, Wells Fargo, Truist, First Citizens and more. “Our growth model is built, in large part, on the strength of our team member recruiting and retention, and this shows we'r.
2026-06-12 14:04 2mo ago
2026-04-23 16:21 4mo ago
Pinnacle Financial Partners, Inc. (PNFP) Q1 2026 Earnings Call Transcript
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
Pinnacle Financial Partners, Inc. (PNFP) Q1 2026 Earnings Call Transcript
2026-06-12 14:04 2mo ago
2026-04-24 04:22 4mo ago
Pinnacle Financial Partners Q1 Earnings Call Highlights
PNFP Pinnacle Financial Partners
FMP Stock News
Original source text
Pinnacle Financial Partners (NYSE:PNFP) opened 2026 as a newly combined company following the close of its merger with Synovus on January 1, with management emphasizing early organic growth, stable credit trends and progress on integration plans during the bank’s first-quarter earnings call.

First-quarter results shaped by merger accounting and expenses President and CEO Kevin Blair said the company “hit the ground running” in the first 90 days after closing the deal, citing balance sheet growth and revenue performance while acknowledging sizable merger-related charges.

For the first quarter, Pinnacle reported diluted earnings per share of $0.89 and adjusted diluted EPS of $2.39. Blair said results included $275 million of merger-related cost, while “credit remained stable” and key profitability metrics such as adjusted return on tangible common equity and adjusted tangible efficiency remained strong.

Chief Financial Officer Jamie Gregory noted that sequential and year-over-year comparisons were “significantly impacted” by the merger closing on January 1, and said management would reference combined historical figures for legacy Pinnacle and Synovus to frame organic performance.

Loans, deposits and margin: management cites broad-based momentum Gregory said net interest income totaled $933 million in the first quarter, supported by “excellent balance sheet growth.” Period-end loans (excluding the day-one purchase accounting loan mark) rose $2.1 billion, or 10% annualized, from the combined firm’s fourth-quarter 2025 levels. He said most organic loan growth came from C&I, with contributions across geographic markets and specialty lending lines.

Core deposit growth was also strong. Gregory reported linked-quarter organic core deposit growth of $1.9 billion, or 8% annualized, driven by higher interest-bearing demand deposits and money market accounts and described as broad-based across business units. Total deposit growth was affected by a “strategic reduction of broker deposits,” which Gregory later characterized as a “cost optimization play.”

Net interest margin expanded to 3.53%, in line with prior guidance of 3.45% to 3.55%. Gregory attributed the NIM performance to purchase accounting marks and fixed-rate asset repricing, as well as actions taken in January to reposition part of the legacy Synovus securities portfolio. He said those transactions reduced interest rate risk, supported the bank’s liquidity profile, and eliminated “approximately all” purchase accounting accretion associated with the securities portfolio.

In Q&A, Blair said loan growth was not driven by higher line utilization, noting it was “down a little bit” in the quarter. He said the company added $8.2 billion of commitments versus $4.2 billion of funded loans, which he said could lead to future fund-ups. On pricing, Blair said new-loan yields were “right around 620” and “essentially flat,” while deposit production costs were about 2.62% and up roughly six basis points linked quarter, which he attributed to mix shifting toward money markets.

Fee revenue growth and BHG contribution Gregory said, on a combined basis, adjusted non-interest revenue increased more than 20% year-over-year and was stable compared with the fourth quarter. He pointed to “strong” year-over-year growth in core banking, wealth management and capital markets fees.

Income from the company’s equity method investment in BHG was $31 million in the quarter, which Gregory said was in line with expectations.

For 2026 guidance, Blair said the bank continues to expect approximately $1.1 billion in adjusted non-interest revenue, including projected BHG investment income of about $105 million to $115 million. Blair described a “slight headwind” versus a prior estimate as being tied to BHG’s strategy to optimize funding and delivery platforms—creating a “modest near-term revenue recognition headwind” but, in management’s view, better positioning BHG for long-term profitability and enterprise value. Gregory later added that the shift involves more distribution through securitizations and loan sales, which brings lower upfront premiums than bank partnership sales but can reduce ongoing costs and improve the predictability of earnings over time.

Integration progress, hiring momentum and conversion timeline Blair repeatedly highlighted recruiting as a core driver of growth, saying Pinnacle added 50 experienced revenue producers during the quarter and that momentum continued into April with another 37 new hires or accepted offers. He said integration is progressing “ahead of plan” and that major technology and systems decisions are “largely complete,” with the company still targeting an operational and brand conversion by March 2027.

Responding to questions about the go-to-market approach, Blair said the combined organization is moving toward the “Pinnacle model,” including rapid hiring of revenue producers and a decentralized framework. He said about 40% of first-quarter producer hires were in the legacy Synovus footprint, which he described as about a 50% increase over what would have been done in the same period last year, and said the model has been well received by Synovus bankers.

On retention, Blair said the company tracks voluntary turnover with a 7% target and said the combined organization is “right on that target” through the first 90 days, adding that some departures were retirements.

Blair also referenced external recognition, noting that legacy Pinnacle ranked first nationally in Coalition Greenwich “Best Bank” awards earned and Synovus ranked sixth, which he said Coalition Greenwich described as rare in bank mergers. Blair added that Pinnacle was ranked No. 12 on Fortune’s 100 Best Companies to Work For list, marking its 10th consecutive year on the list, and that the company joined the KBW Nasdaq Bank Index (BKX) during the quarter.

Credit trends, reserves and capital priorities Gregory said credit remained “very healthy” in the first quarter. Net charge-offs were $49 million, or 23 basis points, compared with 25 basis points for the combined firm in the fourth quarter and 19 basis points for the combined firm in 2025. The non-performing asset ratio was 0.58%, which Gregory said was “largely impacted” by two senior housing relationships that were previously rated, have specific reserves, and “should be resolved this year.”

The allowance for credit losses ended the quarter at 1.19%, up from 1.17% for legacy Pinnacle at the end of December. Gregory attributed the increase to net loan growth, deterioration in the economic forecast and more individually analyzed loans, partially offset by a decline in qualitative reserves. On the economic assumptions, Gregory said the company used Moody’s updated forecast and adjusted scenario weightings to put more emphasis on slow-growth outcomes due to uncertainty.

On portfolio disclosures, Gregory said Pinnacle’s non-depository financial institution (NDFI) loan exposure is approximately $7.3 billion and that about $700 million of legacy Pinnacle music catalog loans were reclassified into NDFI from general C&I during the quarter. In Q&A, Blair said NDFI exposure was about 9% of loans and emphasized that the category is not homogeneous; he said private credit exposure within the NDFI portfolio was about $1.7 billion, or less than 2% of total loans, and described the bank’s positioning as senior secured with structural protections.

Capital-wise, Gregory said the common equity Tier 1 ratio ended the quarter at 9.8% and that the bank intends to deploy capital generated through earnings to client growth during 2026 while building CET1 toward the low end of its target range, with a stated target of about 10.25%. He said share repurchases are planned only after reaching the low end of that target. Gregory also said the most recent capital NPR proposal could have an estimated 60 basis point positive impact to CET1. Regarding Basel III-related proposals, he said the estimated benefit from risk-weighted asset changes would be driven largely by commercial lending and residential mortgages, though he stressed the bank would wait for final rules before making capital deployment decisions.

Blair closed the call by reiterating that management’s 2026 outlook was unchanged, and said first-quarter performance supported confidence in the company’s growth model and integration trajectory. Blair also noted that Jennifer Demba, identified on the call as senior director of investor relations, will retire in June.

About Pinnacle Financial Partners (NYSE:PNFP) Pinnacle Financial Partners (NYSE: PNFP) is a bank holding company headquartered in Nashville, Tennessee, that provides a broad range of commercial and consumer banking services. Founded in 2000, the company operates through a network of banking offices and digital channels to serve individuals, small and middle-market businesses, and institutional clients. Pinnacle’s business model emphasizes relationship-based banking and tailored financial solutions for commercial borrowers and deposit customers.

The company’s product and service offerings include commercial and residential lending, treasury and payment solutions, deposit accounts, mortgage services, and cash management.

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Pinnacle Financial Partners: Post-Merger Goals Are On Track
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Pinnacle Financial Partners remains a buy as Synovus integration progresses and accretive benefits materialize. PNFP delivered strong Q1 results, with 10% organic loan growth, robust deposit inflows, and NIM at 3.53%, near the high end of guidance. Private credit exposure is under 10%, conservatively structured, and nonperforming loans remain low, supporting credit quality confidence.
2026-06-12 14:04 2mo ago
2026-05-06 13:00 4mo ago
Pinnacle Financial Partners enters Auburn, Ala. with veteran banker Martee Moseley as market executive
PNFP Pinnacle Financial Partners
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AUBURN, Ala.--(BUSINESS WIRE)--Pinnacle Financial Partners (NYSE: PNFP) has named Martee Moseley as a financial advisor and market executive to lead the firm's expansion into Auburn, Ala. This marks Pinnacle's first entry into the Auburn market. The move continues the firm's strategy of building in high-growth Southeastern communities by recruiting experienced local leaders to establish the bank and build high-performing teams. “Auburn is one of the most dynamic communities in Alabama, with ste.
2026-06-12 14:04 2mo ago
2026-05-07 13:00 4mo ago
Pinnacle Financial Partners names Douglas Hromco as chief security officer
PNFP Pinnacle Financial Partners
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ATLANTA--(BUSINESS WIRE)--Pinnacle Financial Partners (NYSE: PNFP) has named Douglas Hromco as its new chief security officer. He will lead enterprise cybersecurity, fraud prevention and physical and information security strategies across the combined company and will be based at the firm's holding company headquarters in Atlanta. “Doug has spent his career building and leading security programs inside complex financial institutions, and he's earned the trust of boards, regulators and executive.
2026-06-12 14:04 2mo ago
2026-05-08 12:00 4mo ago
Pinnacle Financial Partners CEO Kevin Blair and CFO Jamie Gregory to hold fireside chat at Morgan Stanley US Financials Conference
PNFP Pinnacle Financial Partners
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ATLANTA--(BUSINESS WIRE)--Pinnacle Financial Partners (NYSE: PNFP) President and CEO Kevin Blair and CFO Jamie Gregory will participate in a fireside chat at the Morgan Stanley US Financials Conference on Tuesday, June 9, 2026, at 2:30 p.m. ET. A webcast of this event will be available on Pinnacle's investor relations website at investors.pnfp.com. For those unable to view the live webcast, it will be archived for 12 months following the event. About Pinnacle Financial Partners Pinnacle Financi.
2026-06-12 14:04 2mo ago
2026-06-09 17:52 3mo ago
Pinnacle Financial Partners, Inc. (PNFP) Presents at Morgan Stanley US Financials Conference 2026 Transcript
PNFP Pinnacle Financial Partners
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Pinnacle Financial Partners, Inc. (PNFP) Presents at Morgan Stanley US Financials Conference 2026 Transcript
2026-06-12 14:04 2mo ago
2026-06-10 08:00 3mo ago
Pinnacle Financial Partners Announces Dates for Second Quarter 2026 Earnings Release and Conference Call
PNFP Pinnacle Financial Partners
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ATLANTA--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (NYSE: PNFP) will release second quarter 2026 financial results on Wednesday, July 22, 2026, after market close. President and Chief Executive Officer Kevin Blair and Chief Financial Officer Jamie Gregory will also host a live webcast on Thursday, July 23, at 8 a.m. ET to review financial results, the business outlook for the firm and other matters. The second quarter 2026 earnings release will be available on Pinnacle's investor relat.
2026-06-12 14:04 2mo ago
2026-04-10 11:30 5mo ago
Emerging AI-Driven Threats Prompt Renewed Focus on Enterprise Cybersecurity
RPD Rapid7
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Original source text
Issued on behalf of Quantum Secure Encryption Corp.

, /PRNewswire/ -- Equity-Insider.com News Commentary — Anthropic just proved that even the company building the most powerful offensive cyber tool ever created can't keep its own front door locked. A CMS misconfiguration exposed Claude Mythos, a frontier AI model that autonomously finds and exploits zero-day vulnerabilities across every major operating system and browser[1]. The Global X Cybersecurity ETF dropped 4.5% in a single session as Wall Street repriced the entire defensive stack overnight[2]. Anthropic responded with Project Glasswing: restricted Mythos Preview access for 40+ organizations to patch critical infrastructure before adversaries catch up. Five companies sit at pivotal points along that defensive rebuild: Quantum Secure Encryption Corp. (CSE: QSE) (OTCQB: QSEGF) (FSE: VN8), SentinelOne (NYSE: S), Elastic (NYSE: ESTC), Rapid7 (NASDAQ: RPD), and Broadcom (NASDAQ: AVGO).

A Trusted Computing Group survey found 91% of businesses still lack a formal roadmap for quantum-safe encryption migration, even as NIST deprecation timelines and NSA compliance deadlines narrow the window to months[3]. The 2026 Thales Data Threat Report sharpens the picture: only 47% of sensitive cloud data is encrypted today, down from 51% a year ago, while 61% of organizations rank harvest-now-decrypt-later attacks as their top quantum concern[4]. Institutional capital is flowing toward the convergence of cryptographic modernization and AI-native defense, where platforms already in production carry scalable, asymmetric upside.

Quantum Secure Encryption (CSE: QSE) (OTCQB: QSEGF) (FSE: VN8) just launched QPA v2, an enterprise platform that helps large organizations find the weak spots in their encryption and build a clear plan to upgrade before quantum computing turns those weak spots into open doors.

The Vancouver-based company says QPA v2 moves the conversation from 'we know there's a problem' to 'here's how we fix it.' The platform includes a planning wizard for governance, budgets, and migration timelines, AI-powered modules that evaluate how ready an organization's cryptography actually is, and inventory tools that scan software, hardware, and encryption components to flag what needs replacing. An executive dashboard pulls it all together, giving leadership real-time visibility into risk levels and upgrade progress. QSE says the platform is already live and in use with both existing and prospective clients.

"Organizations are now moving from understanding quantum risk to actively planning for it," said Ted Carefoot, CEO of QSE. "QPA v2 is designed to support that transition by providing a structured, repeatable framework that enables enterprises and public-sector organizations to assess their current state, prioritize risk, and plan their migration toward post-quantum cryptographic standards."

That shift into execution has been building since late 2025. QSE recently secured its first municipal government pilot for post-quantum cybersecurity through its membership in MISA (Municipal Information Systems Association), a national network connecting Canadian municipalities with new technology. The participating municipality is using QPA to identify which of its systems rely on encryption that future quantum computers could break, and to start planning upgrades now. QSE noted it is already in conversations with additional municipalities exploring similar assessments.

Since November 2025, QSE has expanded from four to thirteen operational markets worldwide, with eleven value-added distributors now active and two more partnerships expected to close shortly. The company also joined CADSI (Canadian Association of Defence and Security Industries), opening pathways into Canadian defence and public-sector procurement.

QPA v2 integrates with QSE's broader product suite, including its quantum-resilient key infrastructure, QAuth identity platform, and encrypted storage solutions. QSE is a Canadian post-quantum security company building tools to help organizations protect sensitive data from the next generation of cyberattacks that quantum computing is expected to enable, targeting commercial, enterprise, and government clients preparing for a fundamental shift in how encryption works.

CONTINUED… Read this and more on QSE at: https://equity-insider.com/2025/03/18/is-scope-technologies-corp-cse-scpe-otcqb-scpcf-the-next-big-player-in-quantum-cybersecurity/

Other industry developments and happenings in the market include:

SentinelOne (NYSE: S) has expanded its strategic collaboration with Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) through a multi-year agreement to develop AI-powered cybersecurity solutions at global scale. The partnership integrates SentinelOne's autonomous endpoint detection and response platform with Alphabet's Google Cloud infrastructure, expanding availability across three strategic regions: North America, Frankfurt, and the Kingdom of Saudi Arabia.

"Customers are under growing pressure to defend increasingly complex environments and protect their highly sensitive data while reducing operational friction," said Melissa Smith, SVP of Global Strategic Partnerships & Initiatives at SentinelOne. "With Google Cloud, we have chosen a highly secure and sophisticated platform for a data sovereignty strategy, and a strategic partner for intelligence sharing."

The collaboration targets enterprises operating in regulated markets, combining SentinelOne's AI-native Singularity Platform with Google Cloud's threat intelligence and generative AI capabilities to replace legacy antivirus and first-generation EDR tooling. SentinelOne currently protects nearly one-fifth of the Fortune 500 and positions the expanded partnership as a path toward autonomous security operations for the AI era.

Elastic (NYSE: ESTC) has achieved FedRAMP High authorization for its Elastic Cloud Hosted platform on AWS GovCloud (US), unlocking access to the most sensitive, unclassified government workloads across law enforcement, emergency response, public health, and national security operations. The FedRAMP High baseline requires more than 400 security controls to protect controlled unclassified information, making it the program's most rigorous certification tier.

"FedRAMP High expands our ability to support agencies operating in highly sensitive environments and underscores Elastic's enduring commitment to help improve our national security posture while driving operational efficiencies," said Chris Townsend, global vice president of public sector at Elastic.

The authorization builds on Elastic's growing federal footprint, including a collaboration with the Cybersecurity and Infrastructure Security Agency and ECS to support a unified SIEM-as-a-Service program for Federal Civilian Executive Branch Agencies, and a volume-based discount agreement with the General Services Administration to streamline procurement across federal agencies. Elastic's open, standards-based architecture supports Kubernetes, OpenTelemetry, and other cloud-native projects, helping agencies reduce vendor lock-in and meet federal data mandates while enabling GenAI use cases through retrieval augmented generation techniques.

Rapid7 (NASDAQ: RPD) announced the acquisition of Kenzo Security, an agentic AI security platform built to scale autonomous security investigations, further enhancing the Rapid7 Command Platform. The deal advances Rapid7's managed detection and response capabilities from AI-assisted workflows to machine-speed security operations, with Kenzo customers reporting a 94% reduction in investigation time and alert coverage increasing from 12% to 100%.

"Reactive security models have reached their limits," said Corey Thomas, CEO of Rapid7. "Attackers are using AI to move faster, attack surface complexity is accelerating, and security teams are expected to improve outcomes without additional resources. Kenzo Security advances our mission to enable security operations that preempt attackers with predictive precision and machine-scale."

By integrating Kenzo's entity-centric data mesh with the Rapid7 Command Platform, the combined offering will deliver full alert coverage at machine speed, 100% decision transparency, and continuous exposure management across endpoint, identity, cloud, and SaaS environments. Rapid7 does not anticipate a material impact to revenue, ARR, profitability, or free cash flows from the transaction, and the company serves more than 11,500 customers worldwide.

Broadcom (NASDAQ: AVGO) announced the launch of Symantec CBX, a cloud-based extended detection and response platform that unifies Broadcom's Symantec and Carbon Black technologies into a single solution. The platform targets under-resourced security operations teams facing enterprise-grade threats without the staffing, budget, or infrastructure to deploy complex security tools.

"This announcement marks a major milestone as we unite the strengths of Symantec and Carbon Black into a single, robust solution," said Jason Rolleston, Vice President and General Manager, Enterprise Security Group, Broadcom. "CBX empowers organizations of all sizes with the advanced, yet intuitive capabilities to tackle modern threats with confidence and efficiency through industry-first technologies and intelligent automation."

Symantec CBX combines Symantec's prevention, adaptive protection, data security, and incident prediction features with Carbon Black's endpoint detection and response technology, delivering correlated visibility across endpoints, networks, cloud, and identity attack surfaces. With 85% of incident flags now carrying AI-powered prediction recommendations, the platform is designed to accelerate investigations and reduce reliance on senior analyst expertise. Broadcom plans to make CBX available later this year through its Enterprise Security Group's Catalyst Partner Program, with migration pathways for existing customers.

FURTHER READING: https://equity-insider.com/2025/03/18/is-scope-technologies-corp-cse-scpe-otcqb-scpcf-the-next-big-player-in-quantum-cybersecurity/

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DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has previously been paid a fee for QSE - Quantum Secure Encryption Corp. advertising and digital media from the company directly, which has since expired. There may be 3rd parties who may have shares QSE - Quantum Secure Encryption Corp., and may liquidate their shares which could have a negative effect on the price of the stock. Previous compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of QSE - Quantum Secure Encryption Corp. which were purchased as a part of a private placement, and in the open market. MIQ reserves the right to buy and sell, and will buy and sell shares of QSE - Quantum Secure Encryption Corp. at any time hereafter without any further notice. We also expect further compensation in the future as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES:

https://www.anthropic.com/glasswing https://www.cnbc.com/2026/03/27/anthropic-cybersecurity-stocks-ai-mythos.html https://www.helpnetsecurity.com/2026/03/26/google-pqc-migration-timeline-2029/ https://www.helpnetsecurity.com/2026/03/02/ai-security-spending-budget-2026/ Logo: https://mma.prnewswire.com/media/2840019/5909776/Equity_Insider_Logo.jpg
2026-06-12 14:04 2mo ago
2026-04-29 09:15 4mo ago
Rapid7, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
RPD Rapid7
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SAN DIEGO, April 29, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Rapid7, Inc. (NASDAQ: RPD). The investigation focuses on Rapid7’s executive officers and whether investor losses may be recovered under federal securities laws.

What if I purchased Rapid7 securities?
If you purchased Rapid7 securities and suffered losses on your investment, join our investigation now: Click here to join the investigation.
Or for more information, contact Jim Baker at [email protected] or (619) 814-4471.
There is no cost or obligation to you.

Background of the investigation
On February 10, 2026, Rapid7 reported its fourth quarter and full year 2025 financial results. Among other things, the Company disclosed annualized recurring revenue (“ARR”) of $840 million, which was flat year-over-year, and total revenue of $217 million for the quarter, an increase of only 1% year-over-year.

In addition, Rapid7 issued 2026 guidance that reflected declining revenue expectations, including first quarter 2026 revenue guidance of $207 million to $209 million and full-year 2026 revenue guidance of $835 million to $843 million. The Company also expected first quarter 2026 ARR of approximately $830 million, down 1% year-over-year, and did not provide full-year ARR guidance.

Following this disclosure, Rapid7’s stock price declined sharply, damaging investors.

In light of this disclosure, Johnson Fistel is investigating whether Rapid7 complied with the federal securities laws. If you suffered losses from your investment in Rapid7 stock, contact Johnson Fistel.

About Johnson Fistel, PLLP | Securities Fraud & Investor Rights
Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits and also assists foreign investors who purchased shares on U.S. exchanges. To learn more, visit www.johnsonfistel.com.

Achievements
In 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services, reflecting the firm’s effectiveness in advocating for investors and recovering approximately $90,725,000 for clients in cases where it served as lead or co-lead counsel.

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Contact
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James Baker, Investor Relations – or – Frank J. Johnson, Esq.
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2026-06-12 14:04 2mo ago
2026-05-05 16:05 4mo ago
Rapid7 Announces First Quarter 2026 Financial Results
RPD Rapid7
FMP Stock News
Original source text
Annualized recurring revenue (“ARR”) of $832 millionTotal revenue of $210 million; Product subscriptions revenue of $204 millionGAAP loss from operations of $0.6 million; Non-GAAP operating income of $24 millionNet cash provided by operating activities of $40 million; Free cash flow of $33 million BOSTON, May 05, 2026 (GLOBE NEWSWIRE) -- Rapid7, Inc. (Nasdaq: RPD), a global leader in AI-powered managed cybersecurity operations, today announced its financial results for the first quarter 2026.

"As frontier models reshape the cybersecurity landscape, Rapid7's AI SOC and preemptive security infrastructure are more essential than ever," said Corey Thomas, CEO of Rapid7. "Our Exposure Management and Detection and Response capabilities are increasingly important to customers facing a groundswell of new vulnerabilities and attacks. And Rapid7's business is well positioned to meet that demand."

“During the first quarter, Rapid7 exceeded guidance expectations across all metrics and delivered strong free cash flow,” said Rafe Brown, CFO of Rapid7. “Anchored around our accelerated strategy to deliver the AI SOC capabilities customers need, we are focused on growing our Managed Detection and Response business while improving margins over the medium-term.”

First Quarter 2026 Financial Highlights

Revenue: Total revenue of $210 million a decrease of 0.3% year-over-year. Product revenue of $204 million an increase of 0.1% year-over-year.ARR: Annualized recurring revenue of $832 million, a decrease of 0.6% year-over-year.Operating Income: GAAP loss from operations of $0.6 million; Non-GAAP operating income of $24.4 million.Net Income: GAAP net income of $1.1 million or $0.02 per diluted share and non-GAAP net income of $26.6 million or $0.36 per diluted share.Cash Flow: Net cash provided by operating activities of $39.8 million and free cash flow of $33.4 million.Total cash, cash equivalents, and government securities of $670 million as of March 31, 2026. Recent Business Highlights

In March, Rapid7 announced the acquisition of Kenzo Security, an agentic AI security platform built to scale security investigations autonomously, to accelerate its preemptive, AI-powered security operations, further integrating automated risk prioritization and remediation into its Command Platform.In March, Rapid7 released its 2026 Global Threat Landscape Report, revealing a 105% surge in the exploitation of high and critical-severity vulnerabilities as attack timelines continue to collapse.In March, Rapid7 expanded its Exposure Command platform with new cloud security capabilities, introducing runtime validation and Data Security Posture Management (DSPM) to enable organizations to identify, validate, and prioritize risks based on actual exploitability.In March, Rapid7 Labs published breakthrough research identifying sleeper cells embedded in global telecommunications networks by a state-sponsored actor with implications for government communications and critical systems. Alongside the research, Rapid7 released a free, open-source scanning script to support defenders.In March, Rapid7 launched updates to its PACT Partner Program, introducing a new Platinum tier and streamlined deal motions to drive partner-led growth for its Managed Detection and Response (MDR) services.In February, Rapid7 hosted its 2026 Partner of the Year Awards, recognizing top-performing partners for their excellence in delivering outcomes and scaling security practices within the Rapid7 ecosystem. Second Quarter and Full Year 2026 Guidance

Non-GAAP guidance excludes estimates for stock-based compensation expense, amortization of acquired intangible assets, amortization of debt issuance costs, and certain other items such as acquisition-related expenses, impairment of long-lived assets, restructuring expense, induced conversion expense, change in the fair value of derivative assets, non-ordinary course litigation-related expenses and discrete tax items. Rapid7 has provided a reconciliation of each non-GAAP guidance measure to the most comparable GAAP measures in the financial statement tables included in this press release. The reconciliation does not reflect any items that are unknown at this time, including, but not limited to, non-ordinary course litigation-related expenses, which we are not able to predict without unreasonable effort due to their inherent uncertainty.

Rapid7 anticipates ARR, revenue, non-GAAP income from operations, non-GAAP net income per share and free cash flow to be in the following ranges:

 Second Quarter 2026 Full-Year 2026 (in millions, except per share data)ARRApproximately $820 million Not providedYear-over-year growth(2)% Not providedRevenue$207to$209 $836to$842Year-over-year growth(3)%to(2)% (3)%to(2)%Non-GAAP income from operations$24to$26 $112to$118Non-GAAP net income per share, diluted$0.33to$0.36 $1.52to$1.60Weighted average shares used in non-GAAP earnings per share calculation, diluted78.3 79.4Free cash flowNot provided $125to$135       The guidance provided above is forward-looking in nature. Actual results may differ materially. See the cautionary note regarding “Forward-Looking Statements” below. Guidance for the second quarter 2026 and full-year 2026 does not include any potential impact of foreign exchange gains or losses.

Conference Call and Webcast Information

Rapid7 will host a conference call today, May 5, 2026, to discuss its results at 4:30 p.m. Eastern Time. The call will be available live via webcast on Rapid7's website at https://investors.rapid7.com. A webcast replay of the conference call will be available at https://investors.rapid7.com.

About Rapid7

Rapid7, Inc. (NASDAQ: RPD) is a global leader in AI-powered managed cybersecurity operations, trusted to advance organizations’ cyber resilience. Open and extensible, the Rapid7 Command Platform integrates security data, enriching it with AI, threat intelligence, and 25 years of expertise and innovation to reduce risk and disrupt attackers. As a recognized leader in preemptive managed detection and response (MDR), Rapid7 unifies exposure and detection to transform the cybersecurity operations of more than 11,500 customers worldwide. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.

Non-GAAP Financial Measures and Other Metrics

To supplement our consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States (“GAAP”), we provide investors with certain non-GAAP financial measures and other metrics, which we believe are helpful to our investors. We use these non-GAAP financial measures and other metrics for financial and operational decision-making purposes and as a means to evaluate period-to-period comparisons. We also use certain non-GAAP financial measures as performance measures under our executive bonus plan. We believe that these non-GAAP financial measures and other metrics provide useful information about our operating results, enhance the overall understanding of past financial performance and future prospects and allow for greater transparency with respect to metrics used by our management in its financial and operational decision-making.

While our non-GAAP financial measures are an important tool for financial and operational decision-making and for evaluating our own operating results over different periods of time, you should review the reconciliation of our non-GAAP financial measures to the comparable GAAP financial measures included below, and not rely on any single financial measure to evaluate our business.

Non-GAAP Financial Measures

We disclose the following non-GAAP financial measures: non-GAAP gross profit, non-GAAP income from operations, non-GAAP net income, non-GAAP net income per share, adjusted EBITDA and free cash flow. We also disclose non-GAAP gross margin and non-GAAP operating margin derived from these financial measures.

We define non-GAAP gross profit, non-GAAP income from operations, non-GAAP net income and non-GAAP net income per share as the respective GAAP balances excluding the effect of stock-based compensation expense, amortization of acquired intangible assets, amortization of debt issuance costs and certain other items such as acquisition-related expenses, impairment of long-lived assets, change in the fair value of derivative assets, restructuring expense, induced conversion expense and discrete tax items. Non-GAAP net income per basic and diluted share is calculated as non-GAAP net income divided by the weighted average shares used to compute net income per share, with the number of weighted average shares decreased, when applicable, to reflect the anti-dilutive impact of the capped call transactions entered into in connection with our convertible senior notes.

We believe these non-GAAP financial measures are useful to investors in assessing our operating performance due to the following factors:

Stock-based compensation expense. We exclude stock-based compensation expense because of varying available valuation methodologies, subjective assumptions and the variety of equity instruments that can impact our non-cash expense. We believe that providing non-GAAP financial measures that exclude stock-based compensation expense allows for more meaningful comparisons between our operating results from period to period.

Amortization of acquired intangible assets. We believe that excluding the impact of amortization of acquired intangible assets allows for more meaningful comparisons between operating results from period to period as the intangible assets are valued at the time of acquisition and are amortized over several years after the acquisition.

Amortization of debt issuance costs. The expense for the amortization of debt issuance costs related to our convertible senior notes and our former revolving credit facility is a non-cash item, and we believe the exclusion of this interest expense provides a more useful comparison of our operational performance in different periods.

Acquisition-related expenses. We exclude acquisition-related expenses, including accretion expense associated with contingent consideration, as costs that are unrelated to the current operations and are neither comparable to the prior period nor predictive of future results.

Discrete tax items. We exclude certain discrete tax items such as income tax expenses or benefits that are not related to ongoing business operations in the current year and adjustments to uncertain tax position reserves as these charges are not indicative of our ongoing operating results, and they are not considered when we are forecasting our future results.

Adjusted EBITDA. Adjusted EBITDA is a non-GAAP measure that we define as net income (loss) before (1) interest income, (2) interest expense, (3) other (income) expense, net, (4) provision for income taxes, (5) depreciation expense, (6) amortization of intangible assets, (7) stock-based compensation expense, (8) acquisition-related expenses, and (9) discrete tax benefit. We believe that the use of adjusted EBITDA is useful to investors and other users of our financial statements in evaluating our operating performance because it provides them with an additional tool to compare business performance across companies and across periods.

Free Cash Flow. Free cash flow is a non-GAAP measure that we define as cash provided by operating activities less purchases of property and equipment and capitalization of internal-use software costs. We consider free cash flow to be a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business after necessary capital expenditures.

We include all non-GAAP financial measures in the current year or any comparative year that will be included in the non-GAAP reconciliation during the current fiscal year annual Form 10-K. As such, not all non-GAAP financial measures listed above may be included in the current reporting period non-GAAP reconciliation in the GAAP to Non-GAAP Reconciliation section below.

Our non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in our industry, as other companies in our industry may calculate non-GAAP financial results differently, particularly related to non-recurring, unusual items. In addition, there are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP, may be different from non-GAAP financial measures used by other companies and exclude expenses that may have a material impact upon our reported financial results. Further, stock-based compensation expense has been and will continue to be for the foreseeable future a significant recurring expense in our business and an important part of the compensation provided to our employees.

Other Metrics

ARR. Annualized Recurring Revenue and Growth. ARR is defined as the annual value of all recurring revenue related to active contracts as of the last day of the period. ARR is measured at a specific point in time and does not incorporate consideration of any anticipated contract terminations or other prospective events, regardless of whether such events may exert a favorable or adverse influence on the metric. ARR should be viewed independently of revenue and deferred revenue, as ARR is an operating metric and is not intended to be combined with or replace these items. ARR is not a forecast of future revenue, which can be impacted by contract start and end dates and renewal rates and does not include revenue reported as professional services revenue in our consolidated statement of operations. We use ARR and believe it is useful to investors as a measure of the overall success of our business.

Number of Customers. We define a customer as any entity that has an active Rapid7 recurring revenue contract as of the specified measurement date, excluding only InsightOps and Logentries customers with a contract value less than $2,400 per year.

ARR per Customer. We define ARR per customer as ARR divided by the number of customers at the end of the period.

Cautionary Language Concerning Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, the statements regarding our financial guidance for the second quarter and full-year 2026, and the assumptions underlying such guidance. Our use of the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements. The events described in our forward-looking statements are subject to a number of risks and uncertainties, assumptions and other factors that could cause actual results and the timing of certain events to differ materially from future results expressed or implied by the forward-looking statements. Such forward-looking statements are based on our current assumptions, expectations and estimates and involve a number of judgments and risks, many of which are outside of our control. Risks that could cause or contribute to such differences include, but are not limited to, macroeconomic uncertainty, unstable market and economic conditions, fluctuations in our quarterly results, our ability to successfully grow our sales of our cloud-based solutions, including through the shift to a consolidated platform sales approach, failure to meet our publicly announced guidance or other expectations about our business, our ability to grow our revenue, the ability of our products and professional services to correctly detect vulnerabilities, renewal of our customer's subscriptions, competition in the markets in which we operate, market growth, our ability to innovate, our sales cycles, our ability to successfully develop, deploy and realize the expected benefits of our artificial intelligence and automation capabilities, including risks related to performance, reliability, security and customer adoption of such technologies, our ability to successfully integrate acquired companies, including Kenzo Security, and achieve the expected synergies and benefits of such acquisitions in a timely manner or at all, exposure to greater than anticipated tax liabilities, our ability to operate in compliance with applicable laws, fluctuations in foreign currency exchange rates and their impact on our results, risks related to the accuracy, efficacy and perceived reliability of our threat intelligence, detection and response capabilities, including the potential for undetected vulnerabilities, false positives or failures in our systems, as well as other risks and uncertainties that could affect our business and results described in our filings with the Securities and Exchange Commission (the “SEC”), including our most recent Annual Report on Form 10-K filed with the SEC on February 19, 2026, particularly in the section entitled "Item 1.A Risk Factors," and in the subsequent reports that we file with the SEC. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those expressed in any forward-looking statements we may make. Except as required by law, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release

Investor contact: Press contact:Matthew Wells Alice RandallVP, Investor Relations Director, Global Corporate [email protected] [email protected](617) 865-4277 (214) 693-4727    RAPID7, INC.
Condensed Consolidated Balance Sheets (Unaudited)
(in thousands)
   March 31, 2026 December 31, 2025Assets    Current assets    Cash and cash equivalents $343,291  $246,664 Short-term investments  326,967   228,006 Accounts receivable, net  135,128   167,017 Deferred contract acquisition and fulfillment costs, current portion  47,342   48,370 Prepaid expenses and other current assets  47,617   47,230 Total current assets  900,345   737,287 Long-term investments  —   184,119 Property and equipment, net  30,492   31,990 Operating lease right-of-use assets  44,250   45,485 Deferred contract acquisition and fulfillment costs, non-current portion  65,554   66,978 Goodwill  593,334   575,268 Intangible assets, net  67,567   65,105 Other assets  18,101   20,232 Total assets $1,719,643  $1,726,464 Liabilities and Stockholders’ Equity    Current liabilities    Accounts payable $12,304  $11,041 Accrued expenses  84,407   96,998 Convertible senior notes, current portion, net  597,574   — Operating lease liabilities, current portion  17,964   16,176 Deferred revenue, current portion  442,260   451,155 Total current liabilities  1,154,509   575,370 Convertible senior notes, non-current portion, net  295,666   892,284 Operating lease liabilities, non-current portion  53,987   59,908 Deferred revenue, non-current portion  28,417   29,971 Other long-term liabilities  12,292   14,201 Total liabilities  1,544,871   1,571,734 Stockholders' equity:    Common stock $667  $658 Treasury stock  (4,765)  (4,765)Additional paid-in capital  1,142,304   1,120,963 Accumulated other comprehensive income  89   2,527 Accumulated deficit  (963,523)  (964,653)Total stockholders equity  174,772   154,730 Total liabilities and stockholders’ equity $1,719,643  $1,726,464           RAPID7, INC.
Condensed Consolidated Statements of Operations (Unaudited)
(in thousands, except share and per share data)   Three Months Ended March 31,   2026   2025 Revenue:    Product subscriptions $204,049  $203,935 Professional services  5,642   6,318 Total revenue  209,691   210,253 Cost of revenue:    Product subscriptions  59,154   54,368 Professional services  5,595   5,112 Total cost of revenue  64,749   59,480 Total gross profit  144,942   150,773 Operating expenses:    Research and development  48,354   47,888 Sales and marketing  78,934   79,400 General and administrative  18,212   23,586 Total operating expenses  145,500   150,874 Loss from operations  (558)  (101)Other income (expense), net:    Interest income  5,612   5,758 Interest expense  (2,498)  (2,654)Other (expense) income, net  (726)  1,802 Income before income taxes  1,830   4,805 Provision for income taxes  700   2,700 Net income $1,130  $2,105 Net income per share, basic $0.02  $0.03 Net income per share, diluted(1) $0.02  $0.03 Weighted average common shares outstanding, basic  66,174,341   63,835,945 Weighted average common shares outstanding, diluted  66,904,992   64,224,415  (1) We use the if-converted method to compute diluted earnings per share with respect to our convertible senior notes. There was no add-back of interest expense or additional dilutive shares related to the convertible senior notes where the effect was anti-dilutive. On an if-converted basis, for the three months ended March 31, 2026, the 2027 and 2029 Notes were anti-dilutive; for the three months ended March 31, 2025, the 2029 Notes, 2027 Notes and 2025 Notes were anti-dilutive.

RAPID7, INC.
Condensed Consolidated Statements of Cash Flows (Unaudited)
(in thousands)   Three Months Ended March 31,   2026   2025 Cash flows from operating activities:    Net income $1,130  $2,105 Adjustments to reconcile net income to net cash provided by operating activities:    Depreciation and amortization  11,210   11,665 Amortization of debt issuance costs  1,045   1,019 Stock-based compensation expense  19,890   27,151 Deferred income taxes  (1,220)  — Other  1,489   (1,153)Changes in assets and liabilities:    Accounts receivable  31,405   27,668 Deferred contract acquisition and fulfillment costs  2,453   5,295 Prepaid expenses and other assets  1,632   (1,995)Accounts payable  2,342   (6,555)Accrued expenses  (14,753)  (20,325)Deferred revenue  (11,114)  (12,874)Other liabilities  (5,692)  (2,244)Net cash provided by operating activities  39,817   29,757 Cash flows from investing activities:    Business acquisitions, net of cash acquired  (23,345)  — Purchases of property and equipment  (2,081)  (1,361)Capitalization of internal-use software  (4,319)  (3,719)Purchases of investments  —   (144,461)Sales and maturities of investments  85,000   69,000 Other investing activities  —   1,328 Net cash provided by (used in) investing activities  55,255   (79,213)Cash flows from financing activities:    Taxes paid related to net share settlement of equity awards  (255)  (1,303)Proceeds from employee stock purchase plan  2,889   4,446 Proceeds from stock option exercises  —   1,589 Net cash provided by financing activities  2,634   4,732 Effect of exchange rate changes on cash, cash equivalents and restricted cash  (1,079)  1,334 Net increase (decrease) in cash, cash equivalents and restricted cash  96,627   (43,390)Cash, cash equivalents and restricted cash, beginning of period $246,664  $342,101 Cash, cash equivalents and restricted cash, end of period $343,291  $298,711 Supplemental cash flow information:    Cash paid for interest on convertible senior notes $2,625  $1,571 Cash paid for income taxes, net of refunds  782   992 Reconciliation of cash, cash equivalents and restricted cash:    Cash and cash equivalents  343,291   291,462 Restricted cash included in prepaid expenses and other current assets  —   7,249 Total cash, cash equivalents and restricted cash $343,291  $298,711           RAPID7, INC.
GAAP to Non-GAAP Reconciliation (Unaudited)
(in thousands, except share and per share data)   Three Months Ended March 31,   2026   2025 GAAP total gross profit $144,942  $150,773 Add: Stock-based compensation expense(1) $1,716  $2,264 Add: Amortization of acquired intangible assets(2) $4,423  $4,423 Non-GAAP total gross profit $151,081  $157,460 Non-GAAP gross margin  72%  75%     GAAP gross profit – product subscriptions $144,895  $149,567 Add: Stock-based compensation expense $1,369  $1,731 Add: Amortization of acquired intangible assets $4,423  $4,423 Non-GAAP gross profit – product subscriptions $150,687  $155,721 Non-GAAP gross margin - product subscriptions  74%  76%     GAAP gross profit – professional services $47  $1,206 Add: Stock-based compensation expense $347  $533 Non-GAAP gross profit – professional services $394  $1,739 Non-GAAP gross margin - professional services  7%  28%     GAAP loss from operations $(558) $(101)Add: Stock-based compensation expense(1) $19,890  $27,151 Add: Amortization of acquired intangible assets(2) $4,494  $5,120 Add: Acquisition-related expenses(3) $606  $183 Non-GAAP income from operations $24,432  $32,353      GAAP net income $1,130  $2,105 Add: Stock-based compensation expense(1) $19,890  $27,151 Add: Amortization of acquired intangible assets(2) $4,494  $5,120 Add: Amortization of debt issuance costs $1,045  $1,019 Add: Acquisition-related expenses(3) $606  $183 Add: Discrete tax items(4) $(600) $— Non-GAAP net income $26,565  $35,578 Add: Interest expense of convertible senior notes(5) $1,313  $1,571 Numerator for non-GAAP earnings per share calculation $27,878  $37,149      Weighted average shares used in GAAP earnings per share calculation, basic  66,174,341   63,835,945 Dilutive effect of convertible senior notes(5)  10,429,891   11,183,611 Dilutive effect of employee equity incentive plans(6)  730,651   388,471 Weighted average shares used in non-GAAP earnings per share calculation, diluted  77,334,883   75,408,027      Non-GAAP net income per share:    Basic $0.40  $0.56 Diluted $0.36  $0.49      (1)Includes stock-based compensation expense as follows:    Cost of revenue $1,716  $2,264 Research and development $8,406  $10,386 Sales and marketing $5,071  $7,241 General and administrative $4,697  $7,260      (2)Includes amortization of acquired intangible assets as follows:    Cost of revenue $4,423  $4,423 Sales and marketing $71  $652 General and administrative $—  $45      (3)Includes acquisition-related expenses as follows:    General and administrative $606  $183      (4)Includes discrete tax items as follows:    (Benefit) Provision for income taxes $(600) $—      (5)We use the if-converted method to compute diluted earnings per share with respect to our convertible senior notes. There was no add-back of interest expense or additional dilutive shares related to the convertible senior notes where the effect was anti-dilutive.     (6)We use the treasury method to compute the dilutive effect of employee equity incentive awards.  RAPID7, INC.
Reconciliation of Net Income to Adjusted EBITDA (Unaudited)
(in thousands)   Three Months Ended March 31,   2026   2025 GAAP net income $1,130  $2,105 Interest income  (5,612)  (5,758)Interest expense  2,498   2,654 Other expense (income), net  726   (1,802)Provision for income taxes  700   2,700 Depreciation expense  2,374   2,791 Amortization of intangible assets  8,836   8,874 Stock-based compensation expense  19,890   27,151 Acquisition-related expenses  606   183 Adjusted EBITDA $31,148  $38,898           RAPID7, INC.
Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow (Unaudited)
(in thousands)   Three Months Ended March 31,   2026   2025 Net cash provided by operating activities $39,817  $29,757 Less: Purchases of property and equipment  (2,081)  (1,361)Less: Capitalized internal-use software costs  (4,319)  (3,719)Free cash flow $33,417  $24,677           RAPID7, INC.
Reconciliation of Non-GAAP Guidance
(in millions, except per share data)  Anticipated Second Quarter 2026 Anticipated Full-Year 2026 Low High Low HighGAAP income from operations$1to$3 $18 to$24 Add: Stock-based compensation expense 19to 19  76 to 76 Add: Amortization of acquired intangible assets 4to 4  17 to 17 Add: Acquisition-related expenses —to —  1 to 1 Non-GAAP income from operations$24to$26 $112 to$118         GAAP net income$1to$3 $19 to$25 Add: Stock-based compensation expense 19to 19  76 to 76 Add: Amortization of acquired intangible assets 4to 4  17 to 17 Add: Amortization of debt issuance costs 1to 1  4 to 4 Add: Acquisition-related costs —to —  1 to 1 Less: Discrete tax item —to — $(1)to$(1)Non-GAAP net income$25to$27 $116 to$122 Add: Interest expense on convertible senior notes 1to 1  5 to 5 Numerator for non-GAAP earnings per share calculation$26to$28 $121 to$127         GAAP net income per share1$0.01to$0.04 $0.28 to$0.37 Non-GAAP net income per share, diluted$0.33to$0.36 $1.52 to$1.60         Weighted average shares used in non-GAAP earnings per share calculation, diluted 78.3  79.4         1The anticipated GAAP net loss per share is calculated using basic weighted average shares for periods in which the Company anticipated a GAAP net loss. The anticipated GAAP net income per share is calculated using GAAP diluted weighted average shares for periods in which the Company anticipated GAAP net income. The reconciliation does not reflect any items that are unknown at this time, including, but not limited to, non-ordinary course litigation-related expenses, which we are not able to predict without unreasonable effort due to their inherent uncertainty. As a result, the estimates shown for Anticipated GAAP loss from operations, Anticipated GAAP net loss and Anticipated GAAP net loss per share are expected to change.

 Full-Year 2026 Low HighNet cash provided by operating activities$149 to$159 Less: Purchases of property and equipment (7)to (7)Less: Capitalized internal-use software costs (17)to (17)Free cash flow$125  $135 
2026-06-12 14:04 2mo ago
2026-05-05 19:10 4mo ago
Rapid7 (RPD) Q1 Earnings and Revenues Beat Estimates
RPD Rapid7
FMP Stock News
Original source text
Rapid7 (RPD - Free Report) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +19.01%. A quarter ago, it was expected that this cybersecurity company would post earnings of $0.4 per share when it actually produced earnings of $0.44, delivering a surprise of +10%.

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

Rapid7, which belongs to the Zacks Internet - Software industry, posted revenues of $209.69 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.89%. This compares to year-ago revenues of $210.25 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.

Rapid7 shares have lost about 57.3% since the beginning of the year versus the S&P 500's gain of 5.2%.

What's Next for Rapid7?While Rapid7 has underperformed 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 Rapid7 was mixed. 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 #3 (Hold) for the stock. So, the shares are expected to perform in line with 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 $0.37 on $208.93 million in revenues for the coming quarter and $1.55 on $838.58 million 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, Internet - Software is currently in the top 34% 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.

VERRA MOBILITY CORP (VRRM - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.

This company is expected to post quarterly earnings of $0.25 per share in its upcoming report, which represents a year-over-year change of -16.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

VERRA MOBILITY CORP's revenues are expected to be $223.66 million, up 0.2% from the year-ago quarter.
2026-06-12 14:04 2mo ago
2026-05-05 20:31 4mo ago
Rapid7 (RPD) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
RPD Rapid7
FMP Stock News
Original source text
Rapid7 (RPD - Free Report) reported $209.69 million in revenue for the quarter ended March 2026, representing a year-over-year decline of 0.3%. EPS of $0.36 for the same period compares to $0.49 a year ago.

The reported revenue represents a surprise of +0.89% over the Zacks Consensus Estimate of $207.84 million. With the consensus EPS estimate being $0.30, the EPS surprise was +19.01%.

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.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Rapid7 performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Annualized recurring revenue: $832.13 billion versus the six-analyst average estimate of $829.94 billion.Number of customers: 11,629 compared to the 11,499 average estimate based on two analysts.ARR per customer: $71,600.00 compared to the $71,818.75 average estimate based on two analysts.Revenue- Professional services: $5.64 million versus the seven-analyst average estimate of $5.72 million. The reported number represents a year-over-year change of -10.7%.Revenue- Product subscriptions: $204.05 million versus the seven-analyst average estimate of $202.12 million. The reported number represents a year-over-year change of +0.1%.Non-Gaap Gross Profit- Professional services: $0.39 million versus the seven-analyst average estimate of $0.79 million.Non-Gaap Gross Profit- Product subscriptions: $150.69 million compared to the $150.42 million average estimate based on seven analysts.View all Key Company Metrics for Rapid7 here>>>

Shares of Rapid7 have returned +12.3% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
2026-06-12 14:04 2mo ago
2026-05-05 21:31 4mo ago
Rapid7, Inc. (RPD) Q1 2026 Earnings Call Transcript
RPD Rapid7
FMP Stock News
Original source text
Rapid7, Inc. (RPD) Q1 2026 Earnings Call Transcript
2026-06-12 14:04 2mo ago
2026-05-07 10:00 4mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rapid7, Inc. - RPD
RPD Rapid7
FMP Stock News
Original source text
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Rapid7, Inc. ("Rapid7" or the "Company") (NASDAQ: RPD).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rapid7and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On February 10, 2026, Rapid7 reported its fourth quarter and full year 2025 financial results.  Among other items, the Company disclosed annualized recurring revenue ("ARR") of $840 million, which was flat year-over-year, and total revenue of $217 million for the quarter, an increase of only 1% year-over-year.  In addition, Rapid7 issued 2026 guidance that reflected declining revenue expectations, including first quarter 2026 revenue guidance of $207 million to $209 million and full-year 2026 revenue guidance of $835 million to $843 million.  The Company also expected first quarter 2026 ARR of approximately $830 million, down 1% year-over-year, and did not provide full-year ARR guidance. 

On this news, Rapid7's stock price fell $3.01 per share, or 28.97%, to close at $7.38 per share on February 11, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP
2026-06-12 14:04 2mo ago
2026-05-11 08:30 3mo ago
Rapid7 to Participate in Upcoming Investor Conferences
RPD Rapid7
FMP Stock News
Original source text
BOSTON, May 11, 2026 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a global leader in AI-powered managed cybersecurity operations, today announced that the company will be presenting at the following conferences:

The J.P. Morgan 2026 Global Technology, Media, and Communications Conference in Boston, MA on Wednesday, May 20, 2026.The William Blair 46th Annual Growth Stock Conference in Chicago, IL on Tuesday, June 2, 2026.
The presentations will be webcast live, and replays will be available for a limited time, under the “Events and Presentations” section of the Rapid7 investor relations website at investors.rapid7.com.

About Rapid7
Rapid7, Inc. (NASDAQ: RPD) is a global leader in AI-powered managed cybersecurity operations, trusted to advance organizations’ cyber resilience. Open and extensible, the Rapid7 Command Platform integrates security data, enriching it with AI, threat intelligence, and 25 years of expertise and innovation to reduce risk and disrupt attackers. As a recognized leader in preemptive managed detection and response (MDR), Rapid7 unifies exposure and detection to transform the cybersecurity operations of more than 11,500 customers worldwide. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.

Rapid7 Investor Contact
Matthew Wells
Vice President, Investor Relations
[email protected]
(617) 865-4277

Rapid7 Media Relations
Alice Randall
Director, Global Communications
[email protected]
(857) 216-7804
2026-06-12 14:04 2mo ago
2026-05-12 09:00 3mo ago
Rapid7 Launches Cyber Governance, Risk, and Compliance (GRC) Early Access Program to Unify Security Data, Risk Context, and Compliance Workflows
RPD Rapid7
FMP Stock News
Original source text
BOSTON, May 12, 2026 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a global leader in AI-powered managed cybersecurity operations, announced early access to its Cyber Governance, Risk, and Compliance (GRC) program, designed to unify security operations with governance, risk, and compliance workflows. Built on the Rapid7 Command Platform, Cyber GRC uses real time exposure data as the operating foundation for both security and compliance; aligning controls, evidence, and risk decisions to live threats rather than static frameworks to help customers manage their GRC requirements.

Regulatory requirements are expanding across jurisdictions and frameworks, while cyber risk continues to scale in complexity. Most compliance processes remain point-in-time and disconnected from live security operations, reinforcing reactive models that lag behind how risk develops. Rapid7’s Cyber GRC program replaces reactive compliance with a unified model for risk and controls. By combining AI-driven third-party risk management with a live, threat-aware risk register, it integrates GRC into security operations to provide executives with transparent, data-backed visibility.

“Organizations invest heavily in security tools, but many are still left to determine how to validate control effectiveness and demonstrate compliance,” said Jon Schipp, Senior Director of Product Management at Rapid7. “Cyber GRC connects fragmented data across assets, exposures, and controls to the attack surface, giving teams a clear view of risk and enabling consistent, evidence-backed outcomes.”

Rapid7 is building an ecosystem of audit, assurance, and GRC partners on the Command Platform to support continuous assurance:

HITRUST: Provides the industry’s most rigorous, certifiable assurance, enabling organizations to demonstrate proven, defensible security and risk management aligned to recognized standards and requirements.Insight Assurance: A trusted independent assessor, delivering rigorous, technology-enabled assessments across SOC 2, ISO 27001/42001, HITRUST, CMMC and other frameworks It is focused on validating control effectiveness for organizations looking to simplify compliance.360 Advanced: Delivers integrated compliance solutions to a global client base across industries ranging from technology startups to Fortune 500 organizations, with cybersecurity and compliance offerings that include ISO 27001, FedRAMP, HITRUST, SOC, penetration testing, risk assessments, and more. 360 Advanced operates under an alternative practice structure in accordance with all applicable laws, regulations, standards, and codes of conduct of the AICPA.
In addition, Rapid7 is extending capabilities that support continuous control monitoring, evidence collection, and audit workflows, including:

HITRUST e1, i1, and r2 Control Coverage: Continuously updated dashboards and queries monitor HITRUST controls, automate evidence collection, and detect control drift to support certification readiness.Audit-Ready User Access Exports: Self-service export provides a consolidated view of users, groups, roles, and access data to support access reviews and compliance audits.Unified Policy Bulk Export: Standardized bulk export consolidates agent and scan policy data into a single output to simplify policy reporting and support compliance workflows.VM Export MCP Server & Skill: Enables customers and agents to retrieve Rapid7 data for compliance, vulnerability management operations, and reporting in a highly efficient way. “Organizations today are in a constant tug of war between regulatory requirements and daily security operations. With Rapid7 Cyber GRC, the Command Platform now provides a unified place where controls, vulnerability insights and audit details live together. The benefit to practitioners is a single place that not only implements controls but also helps prove them with examination readiness and defensible reporting, “ said Christopher Conklin, VP, Chief Information Security Officer, Chemung Canal Trust Company.

“Today’s organizations need a partner that brings together security operations, risk management, and governance into a cohesive strategy. This technology allows us to deliver on that vision,” said Mat Cornish, Managing Director, Longwall Security, Rapid7 EMEA Services Partner of the Year, 2026

The Cyber GRC Program is currently available for early access, with broader availability planned for later in 2026.

To learn more or to sign up for the program, visit http://www.rapid7.com/blog/post/cds-rapid7-cyber-grc-secops-compliance.

About Rapid7

Rapid7, Inc. (NASDAQ: RPD) is a global leader in AI-powered managed cybersecurity operations, trusted to advance organizations’ cyber resilience. Open and extensible, the Rapid7 Command Platform integrates security data, enriching it with AI, threat intelligence, and 25 years of expertise and innovation to reduce risk and disrupt attackers. As a recognized leader in preemptive managed detection and response (MDR), Rapid7 unifies exposure and detection to transform the cybersecurity operations of more than 11,500 customers worldwide. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.

Rapid7 Media Relations
Alice Randall
Director, Global Communications
[email protected]
(857) 216-7804

Rapid7 Investor Contact
Matt Wells
Vice President, Investor Relations
[email protected]
(617) 865-4277
2026-06-12 14:04 2mo ago
2026-05-12 16:31 3mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rapid7, Inc. - RPD
RPD Rapid7
FMP Stock News
Original source text
NEW YORK, May 12, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Rapid7, Inc. (“Rapid7” or the “Company”) (NASDAQ: RPD).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rapid7and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On February 10, 2026, Rapid7 reported its fourth quarter and full year 2025 financial results.  Among other items, the Company disclosed annualized recurring revenue (“ARR”) of $840 million, which was flat year-over-year, and total revenue of $217 million for the quarter, an increase of only 1% year-over-year.  In addition, Rapid7 issued 2026 guidance that reflected declining revenue expectations, including first quarter 2026 revenue guidance of $207 million to $209 million and full-year 2026 revenue guidance of $835 million to $843 million.  The Company also expected first quarter 2026 ARR of approximately $830 million, down 1% year-over-year, and did not provide full-year ARR guidance. 

On this news, Rapid7’s stock price fell $3.01 per share, or 28.97%, to close at $7.38 per share on February 11, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-12 14:04 2mo ago
2026-05-13 14:25 3mo ago
RAPID7 LAUNCHES CYBER GRC EARLY ACCESS PROGRAM WITH 360 ADVANCED TO BRIDGE SECURITY OPERATIONS AND COMPLIANCE FOR ORGANIZATIONS
RPD Rapid7
FMP Stock News
Original source text
, /PRNewswire/ -- 360 Advanced, a leading cybersecurity and compliance firm, today announced its participation in the Rapid7 Cyber Governance, Risk, and Compliance (GRC) Early Access Program, designed to help organizations align security operations with compliance and risk management workflows.

Built on the Rapid7 Command Platform, the Cyber GRC program is designed to align security operations, controls, evidence collection, and risk visibility with real-time cybersecurity insights. The initiative enables organizations to move toward more continuous, operationalized compliance models in increasingly complex regulatory environments.

As organizations manage overlapping obligations across frameworks such as SOC 2®, HITRUST®, ISO 27001, PCI DSS, FedRAMP®, GovRAMP™, and CMMC, many face challenges driven by disconnected systems, fragmented evidence collection, and point-in-time compliance activities. Rapid7's Cyber GRC initiative bridges these gaps by providing more continuous, threat-aware visibility into risk and control effectiveness.

"Organizations today are under increasing pressure to align security operations with governance, risk, and compliance in a way that reflects real-time conditions," said Cameron Youngblood, Chief Revenue Officer at 360 Advanced. "By collaborating with Rapid7 on this initiative, we're helping organizations connect security insights with compliance workflows to improve visibility, strengthen operational efficiency, and support ongoing compliance maturity."

As part of the Rapid7 Cyber GRC ecosystem, 360 Advanced will support organizations through integrated advisory, assessment, and assurance services across multiple frameworks and regulatory requirements.

"Businesses are moving away from treating compliance as a once-a-year audit exercise," added Youngblood. "The ability to align real-time security insights with governance and compliance workflows is an important step toward building more resilient programs and more defensible reporting."

360 Advanced delivers cybersecurity and compliance solutions to organizations ranging from emerging technology companies to Fortune 500 enterprises, with services that include:

SOC 1 & SOC 2 Reporting HITRUST Assessments ISO 27001 & ISO 27701 Certifications PCI DSS Assessments FedRAMP & GovRAMP Services CMMC Readiness & Certification Support Penetration Testing & Risk Assessments AI Governance & ISO 42001 Advisory Services The Rapid7 Cyber GRC Early Access Program is currently available to select organizations, with broader availability planned later in 2026.

To learn more about the Rapid7 Cyber GRC initiative, visit Rapid7 Cyber GRC Early Access Program.

For more information about 360 Advanced, visit the 360 Advanced website.

About 360 Advanced, Inc
360 Advanced is Making Better Businesses through their client-centric cybersecurity and compliance offerings. For nearly 20 years, 360 Advanced has delivered integrated compliance solutions to a global base of clients in a wide range of industries, from tech startups to Fortune 500 companies. Their cybersecurity and compliance offerings include ISO 27001, FedRAMP, HITRUST, SOC, Penetration Testing, Risk Assessments, and more.

360 Advanced operates under an alternative practice structure in accordance with all applicable laws, regulations, standards, and codes of conduct of the AICPA. Read full disclaimer here.

Media Contact
Keith Frechette
Director of Marketing
[email protected]

About Rapid7
Rapid7, Inc. (NASDAQ: RPD) is a global leader in AI-powered managed cybersecurity operations, trusted to advance organizations' cyber resilience. Open and extensible, the Rapid7 Command Platform integrates security data, enriching it with AI, threat intelligence, and 25 years of expertise and innovation to reduce risk and disrupt attackers. As a recognized leader in preemptive managed detection and response (MDR), Rapid7 unifies exposure and detection to transform the cybersecurity operations of more than 11,500 customers worldwide. For more information, visit www.rapid7.com.

SOURCE 360 Advanced
2026-06-12 14:04 2mo ago
2026-05-14 23:01 3mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rapid7, Inc. - RPD
RPD Rapid7
FMP Stock News
Original source text
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Rapid7, Inc. ("Rapid7" or the "Company") (NASDAQ: RPD).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rapid7and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On February 10, 2026, Rapid7 reported its fourth quarter and full year 2025 financial results.  Among other items, the Company disclosed annualized recurring revenue ("ARR") of $840 million, which was flat year-over-year, and total revenue of $217 million for the quarter, an increase of only 1% year-over-year.  In addition, Rapid7 issued 2026 guidance that reflected declining revenue expectations, including first quarter 2026 revenue guidance of $207 million to $209 million and full-year 2026 revenue guidance of $835 million to $843 million.  The Company also expected first quarter 2026 ARR of approximately $830 million, down 1% year-over-year, and did not provide full-year ARR guidance. 

On this news, Rapid7's stock price fell $3.01 per share, or 28.97%, to close at $7.38 per share on February 11, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP
2026-06-12 14:04 2mo ago
2026-05-15 00:00 3mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rapid7, Inc. - RPD
RPD Rapid7
FMP Stock News
Original source text
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rapid7, Inc. - RPD PR Newswire

NEW YORK, May 14, 2026

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Rapid7, Inc. ("Rapid7" or the "Company") (NASDAQ: RPD). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rapid7and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On February 10, 2026, Rapid7 reported its fourth quarter and full year 2025 financial results. Among other items, the Company disclosed annualized recurring revenue ("ARR") of $840 million, which was flat year-over-year, and total revenue of $217 million for the quarter, an increase of only 1% year-over-year. In addition, Rapid7 issued 2026 guidance that reflected declining revenue expectations, including first quarter 2026 revenue guidance of $207 million to $209 million and full-year 2026 revenue guidance of $835 million to $843 million. The Company also expected first quarter 2026 ARR of approximately $830 million, down 1% year-over-year, and did not provide full-year ARR guidance.

On this news, Rapid7's stock price fell $3.01 per share, or 28.97%, to close at $7.38 per share on February 11, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

View original content to download multimedia:https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-rapid7-inc---rpd-302773096.html

SOURCE Pomerantz LLP
2026-06-12 14:04 2mo ago
2026-05-19 17:31 3mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rapid7, Inc. - RPD
RPD Rapid7
FMP Stock News
Original source text
NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Rapid7, Inc. (“Rapid7” or the “Company”) (NASDAQ: RPD).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rapid7and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On February 10, 2026, Rapid7 reported its fourth quarter and full year 2025 financial results.  Among other items, the Company disclosed annualized recurring revenue (“ARR”) of $840 million, which was flat year-over-year, and total revenue of $217 million for the quarter, an increase of only 1% year-over-year.  In addition, Rapid7 issued 2026 guidance that reflected declining revenue expectations, including first quarter 2026 revenue guidance of $207 million to $209 million and full-year 2026 revenue guidance of $835 million to $843 million.  The Company also expected first quarter 2026 ARR of approximately $830 million, down 1% year-over-year, and did not provide full-year ARR guidance. 

On this news, Rapid7’s stock price fell $3.01 per share, or 28.97%, to close at $7.38 per share on February 11, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-12 14:04 2mo ago
2026-05-20 14:51 3mo ago
Rapid7, Inc. (RPD) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
RPD Rapid7
FMP Stock News
Original source text
Rapid7, Inc. (RPD) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
2026-06-12 14:04 2mo ago
2026-05-21 09:00 3mo ago
Rapid7 Q1 2026 Threat Landscape Report Finds Vulnerability Exploitation Overtakes Social Engineering as the Top Initial Access Vector
RPD Rapid7
FMP Stock News
Original source text
BOSTON, May 21, 2026 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a global leader in AI-powered managed cybersecurity operations, released its Q1 2026 Threat Landscape Report, examining trends in vulnerability exploitation, ransomware activity, and cybercriminal infrastructure. The report found that vulnerability exploitation surpassed social engineering as the leading initial access vector, accounting for 38% of incident response cases. The shift reflects the growing role of AI in accelerating how quickly attackers can identify, weaponize, and exploit unpatched systems at scale, compressing the window defenders have to respond.

Reinforcing this trend, half of vulnerabilities actively exploited in the wild during Q1 were zero-click, network-facing issues requiring no authentication or user interaction, giving attackers direct access to exposed systems without relying on human action. The finding reinforces trends identified in Rapid7’s 2026 Annual Global Threat Landscape Report, which found that exploitation timelines continue to shrink: among high- and critical-severity vulnerabilities, the median time from public disclosure to inclusion in CISA’s Known Exploited Vulnerabilities (KEV) catalog fell from 8.5 days to 5.0 days.

"We've spent years building a security culture around humans being the weakest link, but our Q1 findings show AI is quietly rewriting that equation," said Raj Samani, SVP and Chief Scientist at Rapid7. "Attackers are increasingly bypassing user interaction altogether, prioritizing direct access to exposed infrastructure and dramatically narrowing the window defenders have to respond."

Drawing on select tracked CVEs, MDR incident response data, ransomware leak-site intelligence, and dark web telemetry, the report highlights evolving exploitation patterns, ransomware activity, and changes in attacker infrastructure.

Key findings include:

Vulnerability exploitation was the leading initial access vector in MDR data: Exploitation accounted for 38% of incident response cases, followed by social engineering (24%) and compromised accounts (14%).Zero-click, network-facing vulnerabilities dominated exploited CVEs: Half of vulnerabilities actively exploited in the wild during Q1 required no authentication or user interaction, enabling direct access to exposed systems.Public discussion preceded exploitation activity: Exploited vulnerabilities averaged 1.8 million mentions across blogs, forums, and social media, indicating that widely discussed vulnerabilities can quickly become operational targets.SQL injection became the most exploited vulnerability type: SQL injection overtook OS command injection in Q1, reflecting attacker focus on common, broadly distributed web application weaknesses.Ransomware activity remained fragmented across groups: Qilin led leak-site activity with 357 posts, followed by The Gentlemen (206) and Akira (174), indicating ransomware activity remained fragmented across operators.Abused Remote Monitoring and Management (RMM) tools were the most prevalent threat category: RMM tools accounted for 22.9% of observed activity, followed by ClickFix (18.8%) and Windows Native Scripts (10.4%). What this means for security operations

As exploitation timelines continue to shrink, security teams face increasing pressure to identify, prioritize, and remediate exposed systems before attackers can operationalize vulnerabilities at scale.

“Q1 shows how quickly exposed systems can become operational targets,” said Christiaan Beek, Vice President of Cyber Intelligence at Rapid7. “Security teams can’t apply the same level of investigation and response across every signal when attackers are consistently prioritizing what they can reach and exploit. That gap is where risk accumulates.”

To read a full copy of the report, visit https://www.rapid7.com/research/report/threat-landscape-report-2026-q1/ .

About the Rapid7 Q1 2026 Threat Landscape Report

The Rapid7 Threat Landscape Report is a quarterly analysis of global adversary behavior drawn from the company’s managed detection and response operations, vulnerability intelligence platforms, and threat research telemetry. The Q1 2026 edition examines the impact of vulnerability exploitation, geopolitical cyber activity, ransomware evolution, and cybercriminal infrastructure.

About Rapid7

Rapid7, Inc. (NASDAQ: RPD) is a global leader in AI-powered managed cybersecurity operations, trusted to advance organizations’ cyber resilience. Open and extensible, the Rapid7 Command Platform integrates security data, enriching it with AI, threat intelligence, and 25 years of expertise and innovation to reduce risk and disrupt attackers. As a recognized leader in preemptive managed detection and response (MDR), Rapid7 unifies exposure and detection to transform the cybersecurity operations of more than 11,500 customers worldwide. For more information, visit our website, check out our blog, or follow us on LinkedIn or X.

Rapid7 Media Relations
Alice Randall
Director, Global Communications
[email protected]
(857) 216-7804

Rapid7 Investor Contact
Matt Wells
Vice President, Investor Relations
[email protected]
(617) 865-4277
2026-06-12 14:04 2mo ago
2026-05-21 15:45 3mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rapid7, Inc. - RPD
RPD Rapid7
FMP Stock News
Original source text
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Rapid7, Inc. ("Rapid7" or the "Company") (NASDAQ: RPD).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Rapid7and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On February 10, 2026, Rapid7 reported its fourth quarter and full year 2025 financial results.  Among other items, the Company disclosed annualized recurring revenue ("ARR") of $840 million, which was flat year-over-year, and total revenue of $217 million for the quarter, an increase of only 1% year-over-year.  In addition, Rapid7 issued 2026 guidance that reflected declining revenue expectations, including first quarter 2026 revenue guidance of $207 million to $209 million and full-year 2026 revenue guidance of $835 million to $843 million.  The Company also expected first quarter 2026 ARR of approximately $830 million, down 1% year-over-year, and did not provide full-year ARR guidance. 

On this news, Rapid7's stock price fell $3.01 per share, or 28.97%, to close at $7.38 per share on February 11, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected] 
646-581-9980 ext. 7980

SOURCE Pomerantz LLP
2026-06-12 14:04 2mo ago
2026-06-01 07:55 3mo ago
Rapid7 Appoints Wael Mohamed Chief Executive Officer; Corey Thomas to Become Executive Chairman
RPD Rapid7
FMP Stock News
Original source text
BOSTON, June 01, 2026 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a global leader in AI-powered managed cybersecurity operations, today announced a leadership transition in which board member Wael Mohamed will assume the role of Chief Executive Officer, and current Chief Executive Officer Corey Thomas will become Executive Chairman of the Board, effective immediately. In conjunction with the announcement, the company is also reaffirming its financial guidance for the second quarter and full year 2026.
2026-06-12 14:04 2mo ago
2026-06-09 04:40 3mo ago
Rapid7: New CEO And AI Opportunities Draw Attention
RPD Rapid7
FMP Stock News
Original source text
Rapid7 is rated 'Buy' due to a promising management transition and AI-driven catalysts. The new CEO boasts over three decades of industry experience and has served on the Board for the past 14 months. RPD's outlook should be strengthened under his direction. Corporates seem willing to spend more on cybersecurity in the new threat landscape; Rapid7's acquisition of AI platform Kenzo will allow it to leverage this trend.
2026-06-12 14:04 2mo ago
2026-03-28 01:28 5mo ago
Brokerages Set Tetra Tech, Inc. (NASDAQ:TTEK) PT at $42.60
TTEK Tetra Tech
FMP Stock News
Original source text
Shares of Tetra Tech, Inc. (NASDAQ: TTEK - Get Free Report) have earned an average rating of "Moderate Buy" from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average
2026-06-12 14:04 2mo ago
2026-03-30 04:35 5mo ago
Halo Minerals begins trading after £20m AIM float
TTEK Tetra Tech
FMP Stock News
Original source text
Halo Minerals PLC (AIM:HALO), a company looking to extract copper from legacy mining waste in northern Chile, has raised £4 million and listed on London's AIM.

The shares started trading on Monday, dropping 2.8% to 17.5p from the 18p issue price of the initial public offering.

At the IPO price, Halo had a market capitalisation of around £20 million.

Operations are focused on processing tailings, the material left behind after ore has been mined and processed, at the Playa Verde project in the Atacama region, the prolific copper-producing area where BHP's Escondida mine is based, along with state-owned giant Codelco that has partnerships with Antofagasta, Freeport-McMoRan and Rio Tinto.

The Playa Verde project holds a JORC-compliant mineral resource of 53 million tonnes at 0.24% copper, with ore reserves of 32.2 million tonnes at 0.25% copper containing an estimated 79,359 tonnes of fine copper.

Based on a copper price of $5.30 per pound, the reserves carry an estimated net present value of $154 million.

The funds raised will be used to advance the project towards a final investment decision, or to a point at which outside project financing becomes available.

Chief executive Andrew Dennan, previously CEO of Ascent Resources PLC from 2020 to 2025, said admission to AIM "represents a significant milestone for Halo".

He added that the company is "well-positioned to support the global transition to sustainable energy through the extraction of critical minerals, delivering both environmental and economic value".

"Listing on AIM strengthens our ability to grow as a company by enhancing our visibility, broadening our shareholder base and providing a platform from which to pursue our long-term strategy," Dennan told investors.
2026-06-12 14:04 2mo ago
2026-03-30 05:12 5mo ago
FTSE 100 Live: Blue-chip index opens higher, oil prices rise but bonds ease
TTEK Tetra Tech
FMP Stock News
Original source text
FTSE 100 up 160 points to 10,127 Brent crude oil hovers around $115/barrel Iran says US diplomatic demands 'unrealistic' Asos hails strong Debenhams turnaround  5.30pm: Winning day for London stocks Despite continued uncertainty over the US-Iran war and rising oil prices, London stocks rallied during Monday’s session to finish the day 160 points higher at 10,127.

4.04pm: FTSE on a flier The FTSE has enjoyed a very strong day so far, with the index up 1.6%. 

It's outperforming European stocks, where the DAX and CAC indices are both up just over 0.5%, and US stocks, where the S&P 500 is up 0.4%.

The leaderboard is led by consumer, property and financial stocks, with Burberry, Land Securities and London Stock Exchange Group among the top risers.

Burberry has been helped by some supportive analyst comments today, including from UBS.

Defence and utilities also advanced, with BAE Systems, SSE, and National Grid higher.

Chris Beauchamp at IG provides a voice for those that remain sceptical. 

“At this point it is impossible to know whether the negotiations between the US and Iran are actually occurring in some way or are merely figments of Trump’s imagination," he say.

"At any rate, the market impact of his interventions gets weaker, as we saw today. The brief bounce in stocks has rapidly fizzled out – until investors are treated to the sight of senior US officials physically getting on a plane to Pakistan to negotiate, investors will become more sceptical.”

He says the equation remains as it has done for most of the month, higher oil prices mean losses for equity markets.

"Everything else is secondary. Oil’s response has been much more muted than many had expected, but once the buffers of afloat storage are used up and shortages become commonplace, we can expect a much more dramatic move."

3pm: Oil prices ease International oil prices have eased a little this afternoon. Brent crude has dropped from above $116 this morning to just below $113 now.

The dollar is up, gold is up and market volatility via the VIX index is down.

US WTI crude is little changed however, up over 2% at around $102. 

All this follows the Trump post about talks. 

"However, we have seen these sorts of remarks repeatedly, only for the Israeli bombing to continue and Iran striking back in retaliation," says market analyst Fawad Razaqzada at Forex.com.

"In fact, Iran’s Speaker of Parliament, Ghalibaf, yesterday posted a heads-up on X, telling us exactly what to expect and how the move should then be faded."

He said it makes it difficult to know who to believe, and makes "trading these headline-driven markets in general quite difficult to navigate".

2.56pm: US tech stocks fail to hold early gains   US stocks started higher, but have flattened off, with the tech-heavy Nasdaq now only one point in the green.   

The Dow Jones is up 0.3% at 45,315, while the S&P 500 has added 0.15%.

Meanwhile, the FTSE is holding onto most of its gains, having topped 10,080 in recent minutes. 

2.25pm: Trump latest Donald Trump, in what are starting to feel like customary pre-Wall Street open Truth Social posts, said the US is in “serious discussions” with Iran.

He said the talks were being held for a “new and more reasonable regime” to end the war.

"Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, and if the Hormuz Strait is not immediately 'Open for Business,' we will conclude our lovely 'stay' in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island (and possibly all desalinization plants!), which we have purposefully not yet 'touched.'

"This will be in retribution for our many soldiers, and others, that Iran has butchered and killed over the old Regime’s 47 year ]Reign of Terror'," he said in the post. 

1.27am: More competition for banks Money transfer specialist Wise PLC (LSE:WISE) is moving into bank territory with the launch of current accounts in the UK.

The fintech launched UK current accounts today, offering to its 3 million active customers and businesses in the UK.

Noting that £250 billion is held in UK current accounts earning zero interest, Wise said its current account customers could earn a 3.26% variable rate on GBP balances through 'Wise Assets Interest'.

Looking to attract customers, Wise is enabling features for account holders such as allowing them to buy airport lounge passes through the app, and offering accounts for children under 18 linked to a parent’s account.

Wise's chief product officer said tradiational banks "haven't kept pace with what customers expect for their current account. People shouldn't need separate accounts for home and abroad. With the Wise current account, we're giving customers a smarter way to manage their daily financial needs."

12.24pm:

Flutter Entertainment PLC's (LSE:FLTR, NYSE:FLUT) prediction markets app could generate $125 million in annual revenues not yet factored into company guidance or market consensus, according to Jefferies.

The investment bank has a 16,000p price target on the global betting and gaming group, which is more than double the current share price, which sits at 7,636.95p, up 34.95p today.

Analysts note that FanDuel Predicts, Flutter's prediction market app, has sustained strong download momentum following its first major marketing campaign earlier this month.

Daily downloads peaked at 48,000 on 14 March before settling at an average of around 11,000 over the past week, well above the 3,000 daily average recorded through February prior to the campaign launch.

11.59am: M&S in the US Marks and Spencer Group PLC (LSE:MKS) is dipping another toe in the US clothing market via an agreement to sell a "curated selection" of clothing products with Nordstrom. 

Nordstrom will offer a selection of around 60 M&S womenswear items in-store and online.

M&S, which has a US-facing online store, says it is "the first time M&S Fashion will be sold in store in the US and follows the success of M&S Food, which landed in Target back in 2022".

M&S points out that just over one in 10 customers in the US are aware of M&S as a fashion brand and so it hopes Nordstrom’s "broad customer reach" will help it build brand awareness.

Market analyst Danni Hewson at AJ Bell says: “UK corporate forays in the US have been more akin to 90s bands’ largely desultory efforts than the successful British invasion of groups like The Beatles and The Rolling Stones in the 60s."

She notes that it comes nearly a quarter of a century after M&S sold the Brooks Brothers clothing chain, which was dumped at a significant loss after "a genuine retail disaster story".

"This is a much more cautious approach than it previously pursued but could nonetheless be significant if it can tap even a portion of what is an extremely large market."

The food launch with Target has been "successful if modest", Hewson says, "and shows the brand is not sitting still as it looks for different paths to growth". 

11.22am: BoE rate hikes are not likely, says UBS  Inflation will rise and growth will fall regardless of how quickly the conflict ends, says UBS economist Dean Turner, but he thinks markets are overdoing expectations for Bank of England rate hikes given already-soft labour market conditions.

Even if the war ended today, with the Strait of Hormuz fully opened, it will likely take "many weeks" for flows of oil and LNG to return to previous levels, while damage to energy infrastructure means it could be "years" for flows to return to pre-conflict levels, says Turner.

"So, it is as certain as anything can be in the world of economics that inflation will be higher and growth lower in the coming months."

The FTSE and S&P 500 have fallen around 7% over the past month, while on bond markets, yields on 10-year US Treasuries and gilts have soared due to expectations for higher inflation and weaker growth.

While this is "not an unreasonable assumption", Turner says expectations for central bank policy U-turns, which also are a key driver of bond markets, are "more questionable at this stage".

Rising inflation has flipped market expections from one or two BoE rate cuts this year, to either two to four hikes before the end of the year.

"Unquestionably, the BoE delivered a hawkish message at the last meeting, but speeches since then have seen the tone become a little more pragmatic," Turner points out.

"One thing is clear to us: rate cuts are off the table for the time being, and we currently think that November is the earliest opportunity for this.

"But the need for rate hikes is much more questionable. As many have already pointed out, there is nothing that monetary policy can do to offset the closing of the Strait of Hormuz; second-round effects of higher prices (read as accelerating wage growth) are the focus.

"Given the evident softness already in the labour market, our view is that market expectations for hikes are overdone."

However, as the conflict continues, he says "it makes sense" for investors to consider reducing risk in portfolios, "and using periods of volatility to rebalance investments in line with long-term investment plans".

10.28am: Iran says US demands 'unrealistic' and 'excessive' US proposals to end the war, says the spokesperson for Iran's Ministry of Foreign Affairs, are "unrealistic, illogical and excessive".

Esmaeil Baqaei told reporters that Iran received messages via intermediaries indicating the US’s willingness to negotiate, Reuters reports. 

“Our position is clear. We are under military aggression. Therefore, all our efforts and strength are focused on defending ourselves,” he says.

Yesterday foreign ministers from Pakistan, Egypt, Saudi Arabia, and Turkey convened in Islamabad to discuss reopening the Strait of Hormuz shipping lanes. 

10.22am: Bank of England money and credit data for February Mortgage approvals rose to 62,600 in February from 60,200 in January, above the consensus forecast of 60K. 

Meanwhile, households deposited a net £5.8 billion into banks and building societies, up from £4.3 billion the previous month – with £4.6 billion flowing into ISAs alone ahead of the tax year end.

The effective rate on newly drawn mortgages edged up to 4.10% from 4.09%.

Analysts note the figures predate the Middle East conflict and the inflationary pressures it has triggered, making them something of a snapshot of a more optimistic moment that has since passed.

"Consumers appeared comfortable with their levels of savings just prior to the War in Iran, suggesting a willingness for households to partly smooth consumption through the latest energy price shock," says Elliott Jordan-Doak, economist at Pantheon Macroeconomics. 

The improvement in housing market activity matched the good mood seen in the lending data, he says.

"But we think activity in the housing market will grind down over Q2, with much of the hit to activity in the housing market coming from a blow to sentiment, given how sensitive the market has been to the newsflow over the past few years.

"That said, fundamental affordability will also deteriorate if the MPC hikes interest rates several times this year, as the market is expecting. So, we now expect house prices to rise by just 1.0% year-over-year in Q4 2026, down from our call of 3.0% before."

9.34am: Markets higher 'but wary' While the FTSE and other European indices are higher, "intense wariness remains" in financial markets, says market analyst Susannah Streeter at Wealth Club, as concerns about the Iran war’s duration continue.

President Trump’s words are "no longer holding as much sway, with increasing scepticism about his claims about the war’s trajectory", says Streeter.

"While last week his boast that significant progress had been made in talks saw a sharp reversal in oil prices, today it’s a different story. Brent crude is staying stubbornly elevated, at the painful level of above $115 a barrel, as traders assess an increasingly complex and intractable conflict."

But she notes that Trump's messaging is also complex, if not confusing; threatening escalation on one hand, positioning to seize the strategically important Kharg Island, on the other he is claiming a deal is close to being done.

"The warnings that crude prices could hit $150 a barrel if the war continues for many weeks or even months are a highly troubling prospect. Qatar forecast that possibility and Iran has warned that crude prices could even hit $200 a barrel.

"Given the destruction of energy facilities and the ongoing blockade of the Strait of Hormuz, any big retreat in crude prices looks unlikely right now. However, there are no shortages of supply, and panic at the pumps will cause even more problems."

9.12am: Footsie stepping higher After just over an hour of trading, the FTSE 100 is firmly higher, with many of the index's heavyweights putting in solid gains.

Of the top 12 largest stocks, only two are in the red (HSBC down 0.5% and Rolls down 0.2%), with many of them up well over 1%.

While oil giants Shell and BP are both up around 1.5% due to the elevated crude price, AstraZeneca, BAT, Glencore, National Grid and BAE Systems are all up strongly. 

Rio Tinto is top of the risers after reassuring investors that it is keeping guidance intact after a tropical cyclone caused some shipping terminals to shut.  

8.46am: A rare IPO  London has a new arrival on the market this morning.

Halo Minerals, a company looking to extract copper from legacy mining waste in northern Chile, has raised £4 million and listed on AIM.

The shares started on the back foot as trading began this morning, dropping 4% to 17.25p from the 18p issue price of the initial public offering.

Operations are focused on processing tailings at the 100% owned Playa Verde project in the Atacama region, the prolific copper-producing area where BHP's Escondida mine is based, along with operations of state-owned giant Codelco, which has partnerships with Antofagasta, Freeport-McMoRan and Rio Tinto.

8.15am: FTSE starts week in green The FTSE 100 has begun the week slightly on the front foot, up around 13 points to just over 9,980.

A 3.6% rise for Rio Tinto, outperforming smaller gains for the wider mining sector, with Glencore next, up 0.9%. 

Housebuilders such as Barratt Redrow and utilities such as SSE were helping, likely to be boosted as government bond yields retreated (see analysis below). 

Biggest fallers are 3i Group, Informa, HSBC and Whitbread. 

7.44am: Boohoo hails cost cutting impact on profits Boohoo Group PLC (AIM:DEBS) has delivered underlying profits comfortably ahead of its own guidance, with EBITDA up 36% to £53 million in the year to February, driven by a 76% surge in the second half.

The online fashion retailer, which operates under the Debenhams brand, said the second-half growth reflected the accelerated impact of its cost-cutting and restructuring programme.

Chief executive Dan Finley said the business had reset its cost base, completed a warehouse consolidation, migrated to a new technology platform and "rightsized" its stock levels – work he described as "significant progress, ahead of our plan".

Finley has also nudged up the outlook for the coming year too.

7.33am: Market analysis - oil up but bonds ease With a new threat to shipping through the Suez Canal over the weekend, oil prices have continued to climb as we start a new week, with Brent crude topping $116 a barrel earlier and sitting above $115.

"Several factors have contributed," says Henry Allen at Deutsche Bank's macro strategy team, but the joining of the Iran-backed Houthis to the Middle East conflict over the weekend, launching strikes at Israel, has raised "fears about a new front in the war".

The Wall Street Journal has also reported this morning that President Trump is weighing a military operation to extract Iran’s uranium, adding to the FT interview where he Trump openly suggested the US could take the Kharg Island export hub.

"So there’s still no sign of a clear end to the conflict, and given the various headlines, investors remain fearful about a fresh escalation.

"With everything that’s happened, the market impact is becoming increasingly serious," he says, with the S&P 500 down for five consecutive weeks for the first time since 2022, back when the global economy was facing a similar stagflationary shock, while the Nasdaq fell over 3% last week to mark its worst weekly performance since Trump's tarriff announcements last year.

"Fears about a longer conflict are evident from the energy futures curve," says Allen, with three-month Brent crude futures up another 1.8% this morning to $100.50 a barrel, which would be their highest closing level since the conflict began.

"So it’s becoming clear that markets are expecting an extended period of high oil prices, with stagflationary implications for the global economy.

"Interestingly though, the primary concern this morning has shifted back to the growth side rather than inflation. So markets are pricing out the likelihood of imminent hikes and sovereign bond yields have fallen."

On the index swaps market, the next ECB meeting in April below 50% for the first time in over a week, while US 10yr Treasury yields fell back overnight from their eight-month high on Friday.

"Meanwhile for equities, US futures are stable this morning, with those on the S&P 500 unchanged, but they’re more negative in Europe, with DAX futures down -0.65%."

7.18am: FTSE 100 expected to start lower The FTSE 100 is expected to start the week with a decline of around 24 points, as energy prices continue to climb amidst threats to key shipping lanes in the Middle East and rhetoric from US President Donald Trump.

Brent crude is standing above $115 a barrel, similar to levels reached at the end of last week, with investors weighing the risk of further disruption to global energy supplies and ensuing inflation.

Trump said a deal with Iran was possible but said his preference would be to “take the oil”, he told the FT, which would involve ground troops seizing the key export hub Kharg Island.

But, per Reuters, he told reporters on Air Force One: "I think we’ll make a deal with them, I’m pretty sure. But it’s possible we won’t."

The London index closed at 9,967.35 last week, down around five points on the last day of trading, up around 50 over the week but down over 800 points since the start of the month. 

Asian markets are down this morning, with Japan's Nikkei 3%, while the Hang Seng is down 1% and India's Sensex 1.4% lower.  
2026-06-12 14:03 2mo ago
2026-03-30 07:39 5mo ago
Carnival delivers solid bookings and operational gains during Q1 amid rising fuel risks: analysts
TTEK Tetra Tech
FMP Stock News
Original source text
Wall Street analysts have pointed to continued earnings momentum and improving long-term outlook following Carnival Corp (NYSE:CCL)’s first quarter 2026 results, while noting that fuel costs remain a key source of near-term uncertainty.

Bank of America maintained its ‘Buy’ rating and $45 price objective on the cruise operator, describing the quarter as featuring “several positives,” including a continuation of earnings momentum, a new $2.5 billion share repurchase program, and updated long-term targets under the company’s Propel initiative. The firm noted that first quarter performance included an earnings-per-share and net yield beat, reinforcing recent trends.

At the same time, the bank’s analysts cautioned that “near-term fuel will create earnings volatility,” adding that higher energy prices and geopolitical factors could leave some consumers in a “wait and see mode.” They characterized these pressures as short term and pointed to valuation, stating the shares trade near historical trough levels.

On operations, Bank of America said booking trends have not materially deteriorated, although demand may have been somewhat softer than it otherwise would have been due to macro factors. The company remains about 85% booked for 2026, which the analysts view as providing time for normalization.

The firm also highlighted Carnival’s updated “Propel” targets, which call for more than 50% earnings-per-share growth through 2029 and return on invested capital above 16%. Bank of America estimates this implies a roughly 10% annual EPS growth rate, with capital returns of about $14 billion over the period, equivalent to more than 40% of the company’s current market capitalization.

UBS similarly emphasized the strength of the first quarter results and the implications for full-year guidance.

The analysts noted that Carnival raised its fiscal 2026 yield outlook by 25 basis points to 2.75%, “mostly passing along the Q1 beat,” though it added that the magnitude of the quarterly outperformance was likely ahead of expectations.

The firm also pointed to improved cost performance excluding fuel, with net cruise costs guidance benefiting from first-quarter trends. However, higher fuel prices remain a meaningful offset, with UBS estimating roughly $500 million in additional fuel costs for the year, partially mitigated by about $150 million in stronger operational performance.

Despite these pressures, UBS said Carnival remains on track for approximately $7 billion in EBITDA for fiscal 2026, only modestly below prior expectations, with earnings per share reduced by less than the increase in fuel costs.

Like Bank of America, UBS highlighted the company’s long-term targets under the Propel program. The bank said the goal of 50%+ cumulative EPS growth through 2029 implies double-digit annual growth and aligns with expectations for continued improvement in yield and cost metrics. It also underscored plans to return more than 40% of operating cash flow to shareholders, including dividends of over $800 million annually and significant share repurchases.

On demand trends, UBS described bookings as strong, with 2026 occupancy already at about 85% and pricing at “historically high levels.” Regional trends have been mixed, with stronger recent demand in the Caribbean and Alaska, alongside some shifts in European itineraries, the analysts added.

For the second quarter, UBS noted that guidance reflects the impact of higher fuel prices, with earnings and EBITDA projections coming in below prior expectations that had not yet incorporated the latest increase in energy costs.

Shares of Carnival traded hands at $24 late morning on Monday.