Market Signal Briefing

SAN FRANCISCO, March 27, 2026 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against China’s largest online travel agency, Trip.com Group (NASDAQ: TCOM), seeking to represent investors who purchased Trip.com securities between April 30, 2024 and January 13, 2026.

The lawsuit follows the 17% decline in the price of Trip.com American Depositary Shares on January 14, 2026. The selloff, which wiped out billions of dollars of the company’s market capitalization, was triggered by the company’s announcement that it is the subject of an investigation by regulators in China pursuant to the Anti-Monopoly Law of the People’s Republic of China.

The development and severe market reaction have prompted national shareholders rights firm Hagens Berman to commence an investigation into whether Trip.com violated the federal securities laws, as alleged in the complaint.

The firm urges investors in Trip.com American Depository Shares who suffered significant losses to submit your losses now.

Class Period: Apr. 30, 2024 – Jan. 13, 2026
Lead Plaintiff Deadline: May 11, 2026
Visit: www.hbsslaw.com/investor-fraud/tcom
Contact the Firm Now: [email protected] | 844-916-0895

Trip.com Group Limited (TCOM) Securities Class Action:

In the past, Trip.com repeatedly touted its AI price adjustment tool, calling its AI approach “a cornerstone of our long-term strategy” and assured investors that its disclosure controls and procedures were effective. The company’s price adjustment tool automatically lowers hotel rates on its platform when detecting higher prices elsewhere.

The complaint alleges that these and other assurances misled investors because Trip.com materially understated the regulatory risk the company faced for its monopolistic business conduct.

Investors began to learn the truth by late November 2025, when the financial press reported that hotel merchants partnering with Trip.com reported losing pricing autonomy under the company’s platform. In addition, regulators scrutinizing the company reportedly identified the price adjustment tool as enabling Trip.com to force participation in promotions, undercut competitors, and penalize non-compliant merchants with reduced visibility or delisting.

Then, on January 14, 2026, Trip.com revealed it “received a notice of investigation from the State of Administration for Market Regulations of the People’s Republic of China (the ‘SAMR’)[]” and “the SAMR has commenced an investigation involving the Company pursuant to the Anti-Monopoly Law of the People’s Republic of China.”

The market reacted swiftly, sending the price of Trip.com American Depositary Shares down $12.90 (-17%), wiping out over $8 billion of market capitalization in a single day.

After the Class Period, on February 26, 2026, Trip.com announced with no explanation that its co-founders abruptly resigned from the company’s board, effective the day before.

Then, on March 8, 2026, pandaily reported that “Trip.com will shut down its automated hotel AI price adjustment tool on March 10, aiming to curb price wars and restore pricing autonomy for hotel partners.” In addition, the article said “[s]everal hotel partners claimed the system automatically scanned competitors’ prices and forced price reductions on their own listings, a practice some describe as ‘one-sided coercion.’”

“We’re investigating whether Trip.com may have misled investors about the true purpose of its AI pricing tool and the sustainability of its business model without it,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

If you invested in Trip.com American Depository Shares and have substantial losses, or have knowledge that may assist the firm’s investigation, SUBMIT YOUR TCOM ADS LOSSES NOW.

If you’d like more information and answers to additional frequently asked questions about the Trip.com case and the firm’s investigation, read more.

Whistleblowers: Persons with non-public information regarding Trip.com should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

Contact:
Reed Kathrein, 844-916-0895

Memory stocks got hammered this week after Google dropped a research paper that has investors questioning the entire thesis for the AI-driven memory bull run. Alphabet's ((GOOGL - Free Report) ) Google Research group published details on Tuesday of a new compression algorithm called TurboQuant, and the fallout was swift. Sandisk Corporation ((SNDK - Free Report) ) plunged as much as 11%, Micron Technology ((MU - Free Report) ) dropped 7% on Thursday as the selling accelerated, and Western Digital and Seagate each fell over 7%. The damage extended overseas, with Samsung and SK Hynix both sliding more than 5% in Seoul. As of this morning, the group is rebounding.

Both Micron and SanDisk currently carry a Zacks Rank #1 (Strong Buy). The supply constrained dynamic and exceptional demand for DRAM has pushed these stocks to incredible performances in the last six months, with SNDK up nearly 5x and MU more than doubling over that period.

So is Alphabet building a technology that destroys the bull case for this niche AI infrastructure boom? Or is this a case of headline-driven profit-taking in an overextended sector?

Image Source: Zacks Investment Research

What Alphabet’s TurboQuant Actually DoesAt its core, TurboQuant addresses one of the most expensive bottlenecks in running large language models: the key-value (KV) cache. This is the high-speed data store that retains context so a model doesn't have to recompute everything with each new token it generates. As models process longer inputs, the KV cache balloons, consuming GPU memory that could otherwise serve more users or run larger models.

Google's algorithm compresses the KV cache significantly, reducing its memory footprint by nearly 6x without sacrificing accuracy or requiring model retraining. Tested across five standard AI models, TurboQuant achieved perfect scores on retrieval tasks. Testing showed that it delivered up to an 8x acceleration in computing attention on Nvidia H100 GPUs.

Beyond LLMs, Alphabet noted that TurboQuant also improves vector search, the technology underpinning everything from Google Search to YouTube recommendations to ad targeting.

Memory Stocks Micron and Sandisk Sell Off SharplyThe sell-off in Micron, Sandisk, and their memory peers echoed the DeepSeek-driven panic from early 2025, when a Chinese AI lab demonstrated that competitive models could be trained with far less compute than assumed. That episode triggered a one-day massacre in semiconductor names before the market ultimately concluded that efficiency gains accelerate adoption, and adoption drives more hardware demand, not less.

The same logic may apply here. TurboQuant compresses data during inference, not training. That's an important distinction. AI model training, which is where the most memory consumption occurs, is essentially unaffected by this algorithm. High Bandwidth Memory (HBM), the product category driving the strongest revenue growth at Micron and its peers, remains essential for training workloads.

There's also the Jevons paradox to consider: by making AI inference cheaper and more memory-efficient, TurboQuant could accelerate the deployment of LLMs into edge devices, smartphones, and IoT applications, all categories that would create entirely new memory demand that doesn't exist today.

SNDK and MU Stock’s Still Boast TailwindsMicron’s earnings last week were quite exceptional. The company delivered February-quarter earnings that beat guidance by 45%, and its May-quarter earnings guidance effectively doubled consensus estimates. Revenue nearly tripled year-over-year, and net income surged almost 10x. MU currently trades at roughly 6x forward earnings, the cheapest forward P/E in the entire S&P 500 after its recent 23% post-earnings slide from record highs.

SanDisk's fundamentals tell a similar story. SNDK reported Q2 fiscal 2026 EPS of $6.20, beating forecasts by nearly 78%, with revenue up 61% year-over-year. Gross margins expanded dramatically to 51.1% from 29.9% in the prior quarter, and management guided Q3 revenue to $4.4–$4.8 billion with gross margins of 65–67%. The company is actively signing long-term supply agreements and projecting 75–100 exabytes of AI-related storage demand by 2027.

While investor focus remains fixated on Alphabet’s research breakthroughs, the more relevant risk to these stocks is not technological obsolescence driven by research, but the inherently cyclical nature of the memory and storage industry itself. Historically, these businesses have been defined by periods of undersupply followed by aggressive capacity expansion, which ultimately leads to pricing pressure and margin compression. In that context, the eventual end of this cycle is far more likely to be driven by supply-demand dynamics normalizing than by any single leap forward in AI capabilities.

In the chart below, we can see that Micron stock has traded down to a clear level of support following the earnings, and Alphabet news driven selloff. For now, it appears to be holding at support. Investors can keep an eye on this level to determine where the next move may be.

Image Source: TradingView

The AI Buildout Shows Few Signs of SlowingAlphabet's TurboQuant is a legitimate technical achievement. It will likely reduce the cost of AI inference over time, and GOOGL stands to benefit directly through lower operating costs across its cloud and search infrastructure. But the leap from "6x compression of the KV cache" to "the AI memory boom is over" may be a narrative stretched too far.

The memory cycle is driven by supply-demand dynamics that operate on multi-year capex timelines, not by individual research papers. Samsung, SK Hynix, and Micron have all constrained supply in recent quarters precisely because the industry learned its lesson from the brutal 2022–2023 downturn. Demand from hyperscale data center buildouts, where Meta alone recently committed $27 billion in a single deal with Nebius, shows no signs of abating.

For investors in Micron and SanDisk, this week's pullback looks more like a gift than a warning. Both stocks are Zacks Rank #1 names with accelerating earnings, strengthening margins, and valuations that have moderated in the last couple of weeks.

Key Takeaways NU reached 131M customers in Q4 2025, with Brazil accounting for 62% of the country's adult population.NU posted $4.9B in revenues ( 45% YoY), $2B gross profit, and $895M net income, up 50% year over year.NU stock is down 16% YTD, trades at 14.75 forward P/E vs. the industry's 10.07. Nu Holdings (NU - Free Report) has reached a scale in Latin America that many fintechs can only dream of. In the fourth quarter of 2025, the company counted 131 million customers across its footprint, with Brazil alone accounting for 62% of the adult population using its platform.

Such breadth is translating into powerful financial performance. Quarterly revenues came in at $4.9 billion, rising 45% year over year. At the same time, gross profit surged to $2 billion, up 38% year over year. While many U.S. fintech peers continue to burn cash, Nu Holdings reported $895 million in net income in the fourth quarter, climbing 50% year over year.

The interplay is clear: rapid customer adoption feeds top-line growth, credit drives gross profit, and disciplined execution ensures bottom-line strength. Brazil is the anchor, but Mexico and Colombia are adding meaningful momentum. Nu Holdings isn’t merely scaling; it’s scaling profitably and at a pace that places it well ahead of many fintech rivals.

By demonstrating that growth and profitability don’t have to be mutually exclusive, NU is carving out a rare position in digital banking: a fintech giant that’s already highly profitable, yet still in the middle of a steep growth curve.

Peer Pressure?While Nu Holdings continues to surge ahead in Latin America, U.S.-based peers like SoFi Technologies (SOFI - Free Report) and Block (XYZ - Free Report) are taking different routes to growth. SoFi is focusing on deepening customer relationships through bundled financial services like lending, investing and banking. Its strategy seems to emphasize lifetime value over rapid user expansion. Meanwhile, Block is sharpening its dual ecosystem approach, serving both individual users through Cash App and small businesses via Square.

While both SoFi and Block are evolving steadily, NU’s pace and scale of customer acquisition in emerging markets underscore a distinct momentum that sets it apart in the global fintech landscape.

NU’s Price Performance, Valuation, EstimatesThe stock has declined 16% year to date compared to the industry’s 4% decline.

                                                      Image Source: Zacks Investment Research

From a valuation standpoint, NU trades at a forward price-to-earnings ratio of 14.75, which is well above the industry’s 10.07. It carries a Value Score of C.

                                                                     Image Source: Zacks Investment Research

The Zacks Consensus Estimate for NU’s 2026 earnings has been on the rise over the past 30 days.

NU stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

New York, New York--(Newsfile Corp. - March 27, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Driven Brands Holdings Inc. (NASDAQ: DRVN) between May 9, 2023 and February 24, 2026, both dates inclusive (the "Class Period"), of the important May 8, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Driven Brands common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Driven Brands class action, go to https://rosenlegal.com/submit-form/?case_id=18662 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 8, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose Driven Brands' financial condition and the effectiveness of its internal controls over financial reporting through a series of inaccurate financial reports filed with the Securities and Exchange Commission ("SEC") from May 9, 2023, to November 5, 2025. Among many other errors, Driven Brands' balance sheets contained an unreconciled cash balance originating in 2023 which resulted in revenue and cash being overstated in 2023 and 2024, and operating expenses being understated over the same period. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Driven Brands class action, go to https://rosenlegal.com/submit-form/?case_id=18662 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290238

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Syn Prop & Tech S.A. (SYYNY) Q4 2025 Earnings Call March 27, 2026 10:00 AM EDT

Company Participants

Thiago Muramatsu - CEO & Member of Board of Executive Officers
Hector Bruno de Carvalho Leitao - Chief Financial & IR Officer, Financial Superintendent & Member of Board of Executive Officer

Conference Call Participants

Gustavo Fabris - Banco BTG Pactual S.A., Research Division

Presentation

Operator

Good morning, ladies and gentlemen. Welcome to the Syn video conference to discuss the results for the fourth quarter of 2025.

This conference is being recorded, and the replay can be accessed on the company's website, ri.syn.com.br. The presentation will be also available for download. Please be advised that all the attendees will only be watching the video conference during the presentation, and then we will start the Q&A session when further instructions will be provided.

For those who are watching the video conference in English, we advise that downloads and these are regarding future events, may differ substantially from the results. Investors, analysts should consider that the events different from the ones expressed in the declaration.

Here present in this video conference. Mr. Thiago Muramatsu and Mr. Hector Leitao, Financial Director of financial investors with the company. I'd like to pass the floor to Mr. Muramatsu to start this presentation. Please, Thiago, the floor is yours.

Thiago Muramatsu
CEO & Member of Board of Executive Officers

Good morning, everybody. Thank you so much for being here. Starting this call, I'd like to validate the fourth quarter 2025. And then we start with the dividends paid BRL 64 million in December. And just to remind you, BRL 64 million additional to the other BRL 400 million that we had in dividends in 2025.

Considering the period since the beginning of transaction of the shopping malls to

Energy stocks are thriving while the broader market remains under pressure.

In early 2026, with many investors adopting a cautious, bearish stance amid geopolitical tensions, moderating economic growth, and lingering concerns over inflation and interest rates, the VanEck Oil Services ETF has stood out as a notable exception.

The ETF itself has recently touched fresh 52-week highs, and several of its top holdings have also been reaching new heights. This strength is occurring against a backdrop of higher oil prices, driven by supply risks and geopolitical developments, even as the general market has shown signs of fatigue.

Oil Services Gush Higher

Higher oil prices act as a direct tailwind for the services companies that help produce and maintain that oil. When crude stays elevated, operators increase drilling and completion activity, boosting demand for everything from pressure pumping and drilling rigs to subsea equipment and well services.

This dynamic often creates a defensive quality within the energy complex: oil services can deliver growth and margin expansion even when general equity sentiment is subdued.

The OIH ETF (OIH - Free Report) provides a concentrated, liquid way to gain exposure to this theme. It tracks the 25 largest U.S.-listed oil services companies, with heavy weighting toward the largest and most liquid names.

The top 10 holdings in the ETF together make up more than 70% of the fund. This concentration means that when the largest players perform well, the ETF itself moves decisively higher, as we’ve seen with its recent push to new highs.

Let’s examine two of the leading names that have been driving this performance and why they remain appealing even in a cautious market environment.

Weatherford, TechnipFMC Garner Leading Zacks Rank

Weatherford (WFRD - Free Report) has been a notable bright spot, with shares widely outperforming this year. The company’s focus on well construction, completion, and production optimization has resonated in both international and North American markets.

Image Source: StockCharts

Analysts see 2026 revenue in the $4.6–$5.0 billion range with continued margin expansion. WFRD stock carries a Zacks Rank #1 (Strong Buy), reflecting positive revisions and strong cash flow generation. Weatherford’s transformation under new management has delivered consistent outperformance, making it one of the more dynamic names within the OIH basket.

Another leading stock in the current market environment, TechnipFMC (FTI - Free Report) has been one of the more impressive performers within the ETF, recently hitting 52-week highs. The company’s strength in subsea and offshore projects has benefited from a global resurgence in offshore spending.

Image Source: StockCharts

Analysts project 2026 earnings growth of approximately 18%, with revenue gains driven by backlog conversion. FTI also carries a Zacks Rank #1 (Strong Buy) in recent coverage, supported by upward revisions and strong project execution. Its integrated model — combining engineering, procurement, construction, and services — gives it a competitive edge in large-scale offshore developments.

These companies share a common thread: they are beneficiaries of structurally higher oil prices and increased global drilling and completion activity, even as the broader equity market adopts a more cautious tone.

In a bearish or risk-off market environment, oil services can act as a relative safe haven within the energy complex because their revenues are more closely tied to commodity prices than to overall economic growth.

Bottom LineFor investors, the OIH ETF itself offers a convenient, liquid way to gain broad exposure, while the individual names highlighted above provide opportunities for more targeted allocation.

Their ability to hit 52-week highs amid broader caution speaks to the resilience of the underlying fundamentals and the potential for continued outperformance as the year progresses.

The recent strength in the OIH ETF and its top constituents offers a sincere reminder that not all parts of the market move in lockstep. Even in a bearish or uncertain macro backdrop, higher oil prices can create meaningful opportunities in the oil services space.

It has been about a month since the last earnings report for Zoom Communications (ZM - Free Report) . Shares have added about 5% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Zoom due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Zoom Communications, Inc. before we dive into how investors and analysts have reacted as of late.

Zoom Q4 Earnings Miss Estimates, Revenues Increase Y/YZoom Communications reported fourth-quarter fiscal 2026 adjusted earnings of $1.44 per share, which missed the Zacks Consensus Estimate by 2.7% and increased 2.1% year over year.

Revenues of $1.25 billion beat the consensus mark by 1.18% and increased 5.3% year over year. Adjusting for foreign currency impact, revenues in constant currency were $1.24 billion, up 4.8% year over year.

ZM’s Q4 DetailsEnterprise revenues, which account for 60.7% of total revenues, increased 7.1% year over year to $757.3 million. Online revenues, which represent 39.3% of total revenues, increased 2.6% year over year to $489.7 million.

Customers contributing more than $100,000 in revenues in the trailing 12 months grew 9.3% to 4,468. These customers accounted for 33% of revenues.

The number of enterprise customers at the end of the fiscal fourth quarter was 186,400. In the fourth quarter, 74.9% of total Online MRR came from Online customers with a continued term of service of at least 16 months, down 20 basis points year over year.

The company reported a trailing 12-month net dollar expansion rate for Enterprise customers of 98% and an Online average monthly churn of 2.9%, flat year over year.

ZM’s Non-GAAP Operating DetailsNon-GAAP gross margin in the fiscal fourth quarter was 79.8% compared with 78.8% in the year-ago period, expanding 100 bps.

On a year-over-year basis, Research and development expenses increased 10.8% to $147.4 million. Sales and marketing expenses rose 5.5% to $291.9 million, and general and administrative expenses increased 18.9% to $66.2 million.

Non-GAAP operating income rose 4.6% to $489.7 million year over year. The operating margin was 39.3% compared with 39.5% in the year-ago quarter.

ZM’s Balance Sheet & Cash FlowTotal cash, cash equivalents and marketable securities as of Jan. 31, 2025, were $7.8 billion compared with $7.9 billion as of Oct. 31, 2025.

Net cash provided by operating activities was $354.5 million for the fiscal fourth quarter compared with $629.3 million in the previous quarter.

Free cash flow was $338.4 million compared with $614.3 million in the prior quarter.

ZM’s Q1 & FY27 GuidanceZoom expects its first-quarter fiscal 2027 revenues to be between $1.22 billion and $1.225 billion. Revenues on a constant currency basis are expected to be between $1.212 billion and $1.217 billion.

Non-GAAP income from operations is expected to be between $487 million and $492 million.

Non-GAAP earnings per share (EPS) are expected to be in the range of $1.4-$1.42.

For fiscal 2027, Zoom expects revenues in the range of $5.065-$5.075 billion. Revenues on a constant currency basis are expected to be between $5.054 billion and $5.064 billion.

Non-GAAP income from operations is expected to be between $2.05 billion and $2.06 billion.

Non-GAAP EPS are expected to be in the band of $5.77-$5.81.

The company expects free cash flow between $1.7 billion and $1.74 billion.

How Have Estimates Been Moving Since Then?It turns out, fresh estimates flatlined during the past month.

VGM ScoresAt this time, Zoom has a subpar Growth Score of D, a score with the same score on the momentum front. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook Zoom has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerZoom is part of the Zacks Internet - Software industry. Over the past month, Pinterest (PINS - Free Report) , a stock from the same industry, has gained 0.8%. The company reported its results for the quarter ended December 2025 more than a month ago.

Pinterest reported revenues of $1.32 billion in the last reported quarter, representing a year-over-year change of +14.3%. EPS of $0.67 for the same period compares with $0.56 a year ago.

Pinterest is expected to post earnings of $0.22 per share for the current quarter, representing a year-over-year change of -4.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -33.2%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #4 (Sell) for Pinterest. Also, the stock has a VGM Score of B.

It has been about a month since the last earnings report for Urban Outfitters (URBN - Free Report) . Shares have lost about 9.9% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Urban Outfitters due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers.

URBN Q4 Earnings & Sales Beat Estimates on Strong Brand MomentumUrban Outfitters reported impressive results in fourth-quarter fiscal 2026, wherein the top and bottom lines beat the Zacks Consensus Estimate. Also, both metrics improved from the prior-year quarter’s reported figure.

URBN’s Quarterly Performance: Key Metrics & InsightsThis lifestyle specialty retailer delivered earnings per share of $1.43, surpassing the Zacks Consensus Estimate of $1.24. Also, the bottom line increased 37.5% from the prior-year quarter.

Total net sales increased 10.1% year over year to $1,801.8 million, surpassing the consensus estimate of $1,787 million.

Total net sales in the Retail segment rose 7.7% year over year, with comparable net sales in this segment increasing 5.5%. The rise in comparable Retail sales was driven by mid-single-digit increases across both digital channel and brick-and-mortar store sales. Within the segment, comparable Retail segment net sales grew 9.6% at Urban Outfitters, 3.7% at Anthropologie and 5.2% at Free People.

In the Wholesale segment, net sales rose 9.1%, driven by a 10.2% increase in Free People Wholesale revenues, largely attributable to higher sales to specialty customers.

Nuuly, a women’s apparel subscription rental service, saw a significant 42.6% increase in net sales, primarily reflecting a 40.3% rally in average active subscribers compared with the same quarter last year.

Margin & Cost Insights of Urban OutfittersGross profit rose 13.6% from the prior-year quarter to $599.2 million. Also, the gross margin expanded 101 basis points (bps) to 33.3%. The gross margin improvement was driven by improved Retail segment markdowns, reflecting reduced markdown activity at Urban Outfitters and Free People. The improvement also benefited from leverage in store occupancy costs resulting from higher comparable Retail segment net sales, as well as leverage in delivery expenses due to fewer packages shipped per order. These gains were partially offset by deleverage in initial merchandise costs.

The rise in gross profit was driven by increased net sales and margin expansion. During the year, the company recorded $2 million in store impairment charges.

The Retail segment’s gross profit rose 12% year over year to $540.3 million, with the segmental gross margin expanding 136 basis points to 34.5%. Wholesale segment gross profit increased 6% to $20.4 million, though its gross margin contracted 75 basis points to 27.3%. Subscription segment gross profit grew 46% to $38.5 million, with the gross margin improving 51 basis points to 24%.

Selling, general and administrative (SG&A) expenses rose 9.5% year over year to $440.5 million. This increase was mainly due to higher marketing investments to support customer growth, and increased sales in the Retail and Subscription segments, along with higher store payroll expenses to support net sales growth in the Retail segment stores.

As a percentage of net sales, SG&A leveraged 14 bps to 24.5% in the quarter under review. This increase was primarily driven by leverage in store payroll costs resulting from net sales growth at Retail segment stores.

URBN recorded an operating income of $158.7 million, up 26.6% from $125.3 million in the prior-year quarter. As a rate of sales, the operating margin increased 115 basis points year over year at 8.8%, primarily driven by gross margin improvement.

URBN’s Store UpdateIn the fiscal fourth quarter, this company opened 42 retail locations, which included five Urban Outfitters stores, nine Anthropologie stores and 28 Free People stores (including 17 FP Movement stores). Also, it closed one Anthropologie store, three Free People stores and 8 Urban Outfitters stores.

In fiscal 2027, the company plans to open 57 stores and close 14 stores. Net new store growth is primarily driven by the expansion in FP Movement, Free People and Anthropologie locations. Specifically, the company expects to open 21 FP Movement stores, 13 Free People stores, 14 Anthropologie stores and 8 Urban Outfitters stores during fiscal 2027.

Urban Outfitters’ Financial Health SnapshotAs of Jan. 31, 2026, URBN had cash and cash equivalents of $369.2 million, and total shareholders’ equity of $2.82 billion. Including marketable securities, total liquidity exceeded $1.1 billion, with no borrowings under its $350 million asset-backed credit facility.

Total inventory increased 12.8% year over year to $700.9 million. Retail segment inventory increased 13.4%, while comparable Retail segment inventory rose 5.3%. Wholesale segment inventory increased 8.5%. Inventory growth was primarily aligned with higher sales and the timing of receipts.

For fiscal 2026, the company generated $575.2 million in cash from operating activities, and capital expenditure totaled $260.2 million. The company repurchased and retired 3.3 million shares for approximately $154 million in fiscal 2026. As of Jan. 31, 2026, 14.6 million common shares remained authorized for repurchase under the program.

URBN’s Q1 OutlookFor the first quarter of fiscal 2027, Urban Outfitters expects to deliver positive high-single-digit total company sales growth. This outlook is supported by anticipated mid-single-digit comparable sales growth in the Retail segment.

Brand-wise, within Retail, comparable sales are projected to rise in the high-single digit at Urban Outfitters, mid-single digit at Free People and low-single digit at Anthropologie. The Subscription segment, led by Nuuly, is expected to deliver mid-double-digit revenue growth in the quarter. The Wholesale segment is projected to post mid-teen revenue growth in the fiscal first quarter.

On the margin front, fiscal first-quarter gross profit margin is expected to decline 25-50 basis points year over year. This outlook excludes a non-recurring gain recorded in the first quarter of fiscal 2026, which positively impacted last year’s gross margin by approximately $5 million, or 36 basis points. The anticipated year-over-year decline is primarily due to lower IMU, driven by higher tariff costs.

Selling, general and administrative expenses are expected to grow several percentage points faster than sales in the fiscal first quarter. The increase is primarily related to the timing of marketing investments at Nuuly and Anthropologie, along with increased technology investments. Management noted that the gap between SG&A growth and sales growth will likely be more pronounced in the first half of the year compared with the second half.

Urban Outfitters’ FY27 GuidanceFor fiscal 2027, Urban Outfitters expects high-single-digit total company sales growth. This outlook is driven by projected mid-single-digit comparable sales growth in the Retail segment, mid-double-digit revenue growth in the Subscription segment and mid-single-digit revenue growth in the Wholesale segment.

The gross margin for fiscal 2027 is expected to expand 25 basis points from the prior year, with the second half reflecting a benefit to IMU. This outlook reflects the tariffs in place prior to the Supreme Court ruling overturning the IEEPA tariffs this past Friday.

SG&A expenses are expected to grow faster than sales for the full year. The increase in SG&A dollars is primarily related to strategic technology investments to support Nuuly’s continued expansion and to accelerate the internal product lifecycle through the implementation of Agentic AI tools. These investments are expected to drive long-term benefits, including improved speed to market, enhanced decision-making closer to customer demand, higher sales and lower markdowns.

Inventory is expected to increase at the same rate as sales or slower in fiscal 2027. Capital expenditure for fiscal 2027 is planned at $385 million. Approximately 40% of spending will be allocated toward retail store expansion and support, 40% toward logistics investments to expand capacity and automation in both the Subscription and Retail segments, and the remaining 20% will be spent on technology investments and home office expansion.

How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended downward during the past month.

The consensus estimate has shifted -9.88% due to these changes.

VGM ScoresAt this time, Urban Outfitters has a strong Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Charting a somewhat similar path, the stock was allocated a score of A on the value side, putting it in the top 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Urban Outfitters has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

A month has gone by since the last earnings report for Marriott Vacations Worldwide (VAC - Free Report) . Shares have added about 3.8% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Marriott Vacations Worldwide due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

Marriott Vacations Q4 Earnings Top Estimates, Revenues MissMarriott Vacations reported mixed results for its fourth quarter of 2025, with adjusted earnings beating the Zacks Consensus Estimate, while revenues missed the same. Meanwhile, both metrics declined year over year.

In the fourth quarter, results at Marriott Vacations were supported by the strength of the company’s brands, high-quality resort portfolio and resilient recurring revenue base. Management noted that Adjusted EBITDA came in toward the high end of guidance, reflecting disciplined execution despite a challenging operating environment. Entering 2026, management is prioritizing profitability, cost discipline, capital allocation, inventory reduction and stronger cash flow generation while taking decisive actions to enhance long-term performance.

However, consolidated contract sales declined due to lower tour flow and a modest reduction in volume per guest, resulting in softer development profit and some margin compression during the quarter.

Q4 Earnings & Revenue PerformanceAdjusted earnings per share of $1.86 surpassed the Zacks Consensus Estimate of $1.72 by 8.1%. In the year-ago quarter, it reported an adjusted EPS of $1.98.

Quarterly revenues of $1.323 billion missed the consensus mark of $1.325 billion by 0.1% and decreased 0.3% on a year-over-year basis.

Segment Highlights of VACVacation Ownership: Revenues (excluding cost reimbursements) declined 3% year over year to $792 million. Consolidated contract sales were $458 million, down 4% year over year, as both tours and VPG declined 3% and 1%, respectively. Segment adjusted EBITDA decreased 1% to $221 million, with margin expanding 70 bps to 27.9%.

Exchange & Third-Party Management: Revenues declined 5% year over year to $47 million, reflecting lower Interval International revenues. Adjusted EBITDA fell 13% to $19 million, with margin contracting 380 bps to 40.6%.

Corporate and Other: Expenses rose $8 million compared to the prior-year quarter.

Q4 Margins & ProfitabilityAdjusted EBITDA fell 3% year over year to $186 million, translating to a 21.7% margin, which remained unchanged year over year.

Adjusted operating income fell to $95 million, marking a 10% decrease.

Balance Sheet & LiquidityThe company ended the fourth quarter with $1.4 billion in liquidity, comprising $406 million of cash and equivalents and $787 million in available credit.

Total inventory stood at $916 million, while debt included $3.5 billion in corporate debt and $2.1 billion in non-recourse securitized debt tied to vacation ownership notes receivable.

During the fourth quarter of 2025, the company completed its second securitization transaction of the year, issuing $470 million in vacation ownership notes. The transaction carried a gross advance rate of 98% and a blended interest rate of 4.62%.

VAC’s 2025 HighlightsRevenues for 2025 came in at $5.03 billion compared with $4.97 billion reported in 2024.

Adjusted EBITDA in 2025 came in at $751 million compared with $736 million reported in 2024.

In 2025, adjusted EPS came in at $7.16 compared with $6.72 reported in the previous year.

2026 Outlook Provided by VACFor 2026, Marriott Vacations expects contract sales to range between $1,745 million and $1,815 million, while adjusted EBITDA is projected to be in the range of $755 million to $780 million.

Adjusted net income is anticipated to come in between $255 million and $285 million, with adjusted diluted earnings per share estimated at $7.05 to $7.80. The company also expects to generate adjusted free cash flow in the range of $375 million to $425 million.

How Have Estimates Been Moving Since Then?It turns out, estimates review flatlined during the past month.

The consensus estimate has shifted 7.27% due to these changes.

VGM ScoresCurrently, Marriott Vacations Worldwide has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Charting a somewhat similar path, the stock has a grade of B on the value side, putting it in the second quintile for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook Marriott Vacations Worldwide has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerMarriott Vacations Worldwide belongs to the Zacks Leisure and Recreation Services industry. Another stock from the same industry, Expedia (EXPE - Free Report) , has gained 6.8% over the past month. More than a month has passed since the company reported results for the quarter ended December 2025.

Expedia reported revenues of $3.55 billion in the last reported quarter, representing a year-over-year change of +11.4%. EPS of $3.78 for the same period compares with $2.39 a year ago.

Expedia is expected to post earnings of $1.31 per share for the current quarter, representing a year-over-year change of +227.5%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

Expedia has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.

It has been about a month since the last earnings report for Southwest Gas (SWX - Free Report) . Shares have lost about 2.1% in that time frame, outperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Southwest Gas due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Southwest Gas Corporation before we dive into how investors and analysts have reacted as of late.

Southwest Gas' Fourth-Quarter Earnings & Revenues Miss Estimates

Southwest Gas Holdings Inc. recorded fourth-quarter 2025 operating earnings of $1.36 per share, which missed the Zacks Consensus Estimate of $1.40 by 2.9%. The bottom line also decreased from the year-ago quarter’s figure of $1.39.

SWX reported earnings of $3.65 per share for 2025 compared with $3.16 per share in 2024, which reflects a year-over-year increase of 15.5%.

SWX’s Total RevenuesOperating revenues totaled $0.48 billion, which lagged the Zacks Consensus Estimate of $0.58 billion by 17.7%. The top line also declined 62.2% from $1.27 billion reported in the prior-year quarter.

SWX reported total revenues of $1.94 billion for 2025 compared with $5.11 billion in 2024, which reflects a year-over-year decrease of 62%.

Highlights of SWX’s Earnings ReleaseOperations and maintenance expenses in 2025 totaled $544.1 million, up 3.3% from the year-ago figure of $526.7 million.

The total operating income in 2025 was $473.9 million, up 16.6% year over year.

Total system throughput in 2025 was 204.69 million dekatherms, down 6.7% from 219.43 million dekatherms reported in 2024.

Southwest Gas’ Financial HighlightsCash and cash equivalents, as of Dec. 31, 2025, were $576.6 million compared with $314.8 million as of Dec. 31, 2024.

The long-term debt, less current maturities, amounted to $3.43 billion as of Dec. 31, 2025, compared with $3.50 billion as of Dec. 31, 2024.

Southwest Gas’ net cash provided by operating activities for the year ended Dec. 31, 2025, was $0.56 billion compared with $1.36 billion in the year-ago period.

SWX’s 2026 GuidanceSouthwest Gas expects its 2026 earnings per share to be in the range of $4.17-$4.32. The Zacks Consensus Estimate is pegged at $4.13, lower than the company’s guided range.

The company expects a rate base compound annual growth rate of 9.5-11.5% in the 2026-2030 period.

The capital expenditure is projected at $1.25 billion for 2026, while total capital expenditure for the 2026-2030 timeframe is expected to reach $6.3 billion.

How Have Estimates Been Moving Since Then?Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.

VGM ScoresAt this time, Southwest Gas has a poor Growth Score of F, however its Momentum Score is doing a lot better with an A. However, the stock has a score of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook Southwest Gas has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

It has been about a month since the last earnings report for The Trade Desk (TTD - Free Report) . Shares have lost about 9.2% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is The Trade Desk due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for The Trade Desk before we dive into how investors and analysts have reacted as of late.

Key HighlightsRevenue: $847 million in Q4, up 14% year over year; up 19% excluding political advertising.  Revenues beat the Zacks Consensus Estimate by 0.6%.EPS: Adjusted diluted EPS was 59 cents, in line with the Zacks Consensus Estimate; GAAP diluted EPS was 39 cents.Profitability: Adjusted EBITDA of $400 million, nearly 47% margin in Q4 FY2025.Operating expenses: $590 million in Q4, up 8% year over year; excluding stock-based compensation, operating expenses were $478 million, up 15% year over year.Cash generation: Operating cash flow of $312 million and free cash flow of $282 million in Q4.Balance sheet: Approximately $1.3 billion in cash, cash equivalents and short-term investments at quarter end; no debt.Capital returns: Repurchased $423 million of shares in Q4; authorization increased to $500 million, inclusive of remaining capacity.Revenue drivers and vertical mixTop-line growth in the fourth quarter of 2025 benefited from continued strength in CTV and audio. Management highlighted that CTV outgrew the company average through 2025 and again in the fourth quarter, even while lapping elevated political spend in the prior year. Audio represented about 6% of business in the quarter and was the fastest-growing channel year over year. On the flip side, CPG and, to a lesser extent, auto remained the softest verticals entering the fourth quarter and into the early first quarter of 2026, reflecting tariff uncertainty, uneven volumes, and consumer cost-of-living pressures that began in mid-2025. Offsets came from medical/health, technology, and business and finance verticals, where spending expanded solidly.

Channel and geographic mixVideo, which includes CTV, represented roughly 50% of fourth quarter activity and continued to accrete to the mix. Mobile was approximately 30% of the share and display was a low double-digit percentage. The United States comprised 84% of revenue, with international at 16%. Growth in EMEA and APAC outpaced North America, consistent with the company's investment focus in those regions.

Margins, expenses, and operating disciplineFourth quarter adjusted EBITDA margin was about 47%, underscoring strong unit economics amid ongoing reinvestment. Operating expenses rose 8% year over year, or 15% excluding stock-based compensation, reflecting increased platform operations and continued product innovation. Management reiterated that headcount growth remained below revenue growth for the third straight year in 2025, supporting operating discipline. Days sales outstanding were nearly 100 days and days’ payable outstanding were under 85 days, consistent with recent periods.

Cash flow, liquidity, and capital deploymentCash generation remained robust with $312 million in operating cash flow and $282 million in free cash flow. Liquidity stood at about $1.3 billion in cash, cash equivalents and short-term investments at the quarter-end, and the company reported no debt. Share repurchases totaled $423 million in the fourth quarter, and the authorization was increased to $500 million, inclusive of remaining capacity, with plans to continue opportunistic buybacks and offset employee stock dilution.

Management commentaryManagement characterized the fourth quarter as a solid finish to 2025, with reported revenue growth of 14% year over year, or nearly 19% excluding political. Across 2025, revenue growth decelerated from 25% in the first quarter to 19% in the second quarter, 18% in the third quarter, and 14% in the fourth quarter on a reported basis, as CPG and auto headwinds intensified through the year. Even so, full-year revenue reached $2.9 billion (up 18% year over year) on roughly $13.4 billion of spend, and adjusted EBITDA expanded in line with revenue growth. CTV remained one of the fastest-growing channels, and international momentum in EMEA and APAC continued to outstrip North America.

Near-term outlook and 2026 investment postureFor the first quarter of 2026, management guided to revenue of at least $678 million (up 10% year over year) and adjusted EBITDA of approximately $195 million. The first quarter margin profile is expected to reflect timing related to infrastructure spend as the company completes its transition to owned data centers. For 2026, the adjusted EBITDA margin percentage is expected to be approximately in line with 2025, with 2026 framed as a disciplined investment year focused on AI capabilities and infrastructure. Headcount growth is planned to remain below revenue growth.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates review.

The consensus estimate has shifted -17.59% due to these changes.

VGM ScoresCurrently, The Trade Desk has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. Following the exact same course, the stock has a grade of B on the value side, putting it in the top 40% for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, The Trade Desk has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerThe Trade Desk is part of the Zacks Internet - Services industry. Over the past month, Akamai Technologies (AKAM - Free Report) , a stock from the same industry, has gained 17.4%. The company reported its results for the quarter ended December 2025 more than a month ago.

Akamai Technologies reported revenues of $1.09 billion in the last reported quarter, representing a year-over-year change of +7.4%. EPS of $1.84 for the same period compares with $1.66 a year ago.

For the current quarter, Akamai Technologies is expected to post earnings of $1.64 per share, indicating a change of -3.5% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.1% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Akamai Technologies. Also, the stock has a VGM Score of D.

It has been about a month since the last earnings report for Teladoc (TDOC - Free Report) . Shares have added about 3.2% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Teladoc due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Teladoc Health, Inc. before we dive into how investors and analysts have reacted as of late.

Teladoc Tops Q4 Earnings Estimates on International Growth & Lower Costs

Teladoc Health reported a fourth-quarter 2025 adjusted loss of 14 cents per share, narrower than the Zacks Consensus Estimate of a loss of 19 cents.

The company posted a loss of 28 cents in the year-ago quarter.

Operating revenues increased 0.3% year over year to $642.3 million and beat the Zacks Consensus Estimate by 1.3%.

The quarterly results benefited from strong international growth, solid Integrated Care performance and lower expenses. However, lower access fee revenues, a decline in U.S. revenues and weakness in the BetterHelp segment partly offset the upside.

Full-Year 2025 Performance of TDOCOperating loss of $1.14 per share marked an improvement from the year-ago loss of $5.87.

Operating revenues declined 1.5% year over year to $2.5 billion. Total expenses fell 22.2% year over year to $2.8 billion.

Adjusted EBITDA decreased 9.5% year over year to $281.1 million.

Q4 Operational Update of Teladoc HealthRevenues from access fees totaled $521.6 million, down 4% year over year. The figure missed the Zacks Consensus Estimate of $536.2 million as well as our estimate of $528.9 million. Other revenues increased 24% year over year to $120.7 million. The metric surpassed the Zacks Consensus Estimate of $94.3 million and our estimate of $103.8 million.

On a geographical basis, Teladoc Health generated $517.3 million in revenues from the United States, down 3% year over year. The metric lagged the Zacks Consensus Estimate of $523 million. International revenues of $125 million advanced 19% year over year in the quarter under review and surpassed the consensus mark of $109.7 million.

Adjusted EBITDA rose 12% year over year to $83.8 million and beat our estimate of around $77 million. Total costs and expenses of $678.3 million declined 1.5% year over year and were below our estimate of $679.3 million. The year-over-year decrease was primarily due to lower advertising and marketing, technology and development, and sales expenses.

TDOC: Q4 Segmental UpdateThe Integrated Care segment’s revenues increased 5% year over year to $409.1 million in the reported quarter. The figure beat the Zacks Consensus Estimate of $400.1 million and our estimate of $396.2 million. Adjusted EBITDA rose 23% year over year to $65.3 million and surpassed the consensus mark of $64.3 million. The adjusted EBITDA margin expanded 240 basis points (bps) year over year to 16%.

The BetterHelp segment generated revenues of $229.1 million, down 6% year over year. The metric missed the Zacks Consensus Estimate of $230.6 million as well as our estimate of $236.5 million. Adjusted EBITDA declined 15% year over year to $18.5 million. The figure surpassed the consensus mark of $15.4 million. The adjusted EBITDA margin of 7.9% contracted 80 bps year over year.

Visits & Memberships of Teladoc HealthTotal visits to Teladoc Health were 4.3 million in the fourth quarter, down 1% year over year. The metric also missed the Zacks Consensus Estimate by 1.1%.

U.S. Integrated Care members totaled 101.8 million, up 9% year over year. However, the figure missed the consensus mark by 0.5%.

TDOC’s Financial Update (As of Dec. 31, 2025)Teladoc Health exited 2025 with cash and cash equivalents of $781.1 million, down from $1.3 billion as of 2024-end.

Total assets decreased to $2.9 billion from $3.5 billion at the end of 2024.

Debt totaled $994.9 million, up from $991.4 million as of 2024-end.

Total stockholders’ equity declined to $1.4 billion from $1.5 billion as of Dec. 31, 2024.

In 2025, TDOC generated net cash from operations of $294.4 million, flat year over year. Free cash flow amounted to $166.9 million, down 2% year over year.

Teladoc Health’s Q1 2026 OutlookRevenues in the Integrated Care segment are forecasted to witness year-over-year growth in the range of (1.20)-2.00%. The unit’s adjusted EBITDA margin is anticipated to be in the band of 12.5-14%. U.S. Integrated Care members are expected to be between 99 million and 100 million.

Revenues in the BetterHelp segment are estimated to register a 7-11.25% year-over-year decline. The segment’s adjusted EBITDA margin is anticipated to be in the band of 0.75-2.75%.

Total revenues are expected to be between $598 million and $620 million. Adjusted EBITDA is anticipated to be between $50 million and $62 million. Net loss per share is estimated to be between 35 cents and 45 cents.

Teladoc Health’s 2026 OutlookRevenues in the Integrated Care segment are expected to witness 0.4-3.9% growth on a year-over-year basis. U.S. Integrated Care members are projected to be in the band of 97-100 million. The adjusted EBITDA margin in the segment is forecasted to be in the range of 15.1-16.1%.

Revenues in the BetterHelp segment are anticipated to record a year-over-year decline of 0.5-7%. The adjusted EBITDA margin in the segment is estimated to be between 3% and 4.6%.

The company expects 2026 revenues to be in the $2.470-$2.587 billion range. Adjusted EBITDA is guided at $266-$308 million. Net loss per share is estimated to be in the $0.70-$1.10 range.

Free cash flow is currently projected to be in the $130-$170 million band for 2026.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates review.

The consensus estimate has shifted -9.21% due to these changes.

VGM ScoresAt this time, Teladoc has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Charting a somewhat similar path, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Teladoc has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerTeladoc is part of the Zacks Medical Services industry. Over the past month, Pediatrix Medical Group (MD - Free Report) , a stock from the same industry, has gained 5.6%. The company reported its results for the quarter ended December 2025 more than a month ago.

Pediatrix Medical Group reported revenues of $493.77 million in the last reported quarter, representing a year-over-year change of -1.7%. EPS of $0.50 for the same period compares with $0.51 a year ago.

For the current quarter, Pediatrix Medical Group is expected to post earnings of $0.37 per share, indicating a change of +12.1% from the year-ago quarter. The Zacks Consensus Estimate has changed +2.3% over the last 30 days.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Pediatrix Medical Group. Also, the stock has a VGM Score of A.

Investors interested in stocks from the Medical Services sector have probably already heard of Solventum (SOLV) and HealthEquity (HQY). But which of these two stocks presents investors with the better value opportunity right now?

Investors interested in stocks from the Oil and Gas - Field Services sector have probably already heard of Drilling Tools International Corp. (DTI - Free Report) and Core Laboratories (CLB - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.

Currently, Drilling Tools International Corp. has a Zacks Rank of #1 (Strong Buy), while Core Laboratories has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that DTI has an improving earnings outlook. But this is only part of the picture for value investors.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.

DTI currently has a forward P/E ratio of 18.95, while CLB has a forward P/E of 20.92. We also note that DTI has a PEG ratio of 2.11. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. CLB currently has a PEG ratio of 14.33.

Another notable valuation metric for DTI is its P/B ratio of 1.03. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, CLB has a P/B of 2.81.

Based on these metrics and many more, DTI holds a Value grade of B, while CLB has a Value grade of C.

DTI sticks out from CLB in both our Zacks Rank and Style Scores models, so value investors will likely feel that DTI is the better option right now.

Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Grupo Financiero Banorte SAB de CV (GBOOY - Free Report) and Brookfield Asset Management (BAM - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Grupo Financiero Banorte SAB de CV has a Zacks Rank of #2 (Buy), while Brookfield Asset Management has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that GBOOY has an improving earnings outlook. But this is just one piece of the puzzle for value investors.

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

GBOOY currently has a forward P/E ratio of 8.16, while BAM has a forward P/E of 23.12. We also note that GBOOY has a PEG ratio of 1.01. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. BAM currently has a PEG ratio of 1.46.

Another notable valuation metric for GBOOY is its P/B ratio of 2.14. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, BAM has a P/B of 8.03.

These are just a few of the metrics contributing to GBOOY's Value grade of A and BAM's Value grade of D.

GBOOY has seen stronger estimate revision activity and sports more attractive valuation metrics than BAM, so it seems like value investors will conclude that GBOOY is the superior option right now.

Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Mistras (MG - Free Report) or Garmin (GRMN - Free Report) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Right now, both Mistras and Garmin are sporting a Zacks Rank of #1 (Strong Buy). This means that both companies have witnessed positive earnings estimate revisions, so investors should feel comfortable knowing that both of these stocks have an improving earnings outlook. But this is just one piece of the puzzle for value investors.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

MG currently has a forward P/E ratio of 14.39, while GRMN has a forward P/E of 25.12. We also note that MG has a PEG ratio of 0.90. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. GRMN currently has a PEG ratio of 2.83.

Another notable valuation metric for MG is its P/B ratio of 2.02. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, GRMN has a P/B of 5.06.

These metrics, and several others, help MG earn a Value grade of A, while GRMN has been given a Value grade of F.

Both MG and GRMN are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that MG is the superior value option right now.

Key Takeaways SoFi integrated Galileo after its 2020 acquisition, powering BNPL services and AI-driven engagement tools.SOFI embeds Galileo directly into its roadmap, speeding innovation across digital banking and lending.SoFi's scale and user insights help Galileo refine its platform and expand capabilities. Since acquiring Galileo Financial Technologies in 2020, SoFi Technologies, Inc. (SOFI - Free Report) has meaningfully strengthened its fintech foundation by embedding Galileo’s payment-processing and technology capabilities throughout its expanding ecosystem. Galileo now supports key functions such as buy now, pay later services and AI-powered customer engagement tools, serving as a crucial layer behind SoFi’s seamless, technology-first user experience.

Operating within the same corporate structure has enabled significantly deeper integration. SoFi can integrate Galileo’s infrastructure directly into its product roadmap, bypassing the delays and constraints often associated with external partnerships. This alignment enhances speed to market, boosts operational efficiency and strengthens SoFi’s capacity to innovate across digital banking, lending and personal finance solutions. The relationship also creates a beneficial feedback cycle.

While Galileo powers SoFi’s offerings, it also benefits from SoFi’s scale and user insights, allowing it to refine its platform and broaden capabilities for its wider client network. Ultimately, the acquisition has become a core strategic advantage, positioning SoFi as a more vertically integrated fintech platform with greater control over both the customer experience and the underlying technology that supports it.

Other Fintech Stocks Worth WatchingBlock (XYZ - Free Report) , Robinhood (HOOD - Free Report) and PayPal (PYPL - Free Report) remain three fintech players worth monitoring. Block continues to deepen its ecosystem through Cash App and Square, aiming to connect consumer and merchant services more closely. Robinhood is gradually moving beyond trading into broader financial services, with its user base expanding steadily. Meanwhile, PayPal is focusing on strengthening branded checkout while enhancing Venmo’s functionality. Block, Robinhood and PayPal all face competitive pressures, yet they continue innovating across digital payment infrastructure and customer engagement strategies.

SOFI’s Price Performance, Valuation & EstimatesThe stock has declined 39% year to date compared with the industry’s 17% fall.

                                                            Image Source: Zacks Investment Research

From a valuation standpoint, SOFI trades at a forward price-to-earnings ratio of 24.38, well above the industry’s 9.15. It carries a Value Score of F.

                                                                 Image Source: Zacks Investment Research

The Zacks Consensus Estimate for SOFI’s 2026 earnings has been on the rise over the past 60 days.

SOFI stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Hod Hasharon, Israel, March 27, 2026 (GLOBE NEWSWIRE) -- Allot (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative Security-as-a-Service (SECaaS) and Deep Network Intelligence solutions for communication service providers and enterprises, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission ("SEC").

The annual report on Form 20-F, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at https://investors.allot.com/financial-information/sec-filings. The Company will deliver a hard copy of its annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request to [email protected].

###

About Allot

Allot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a provider of leading innovative converged cybersecurity solutions and network intelligence for service providers and enterprises worldwide, enhancing value to their customers. Our solutions are deployed globally for network-native cybersecurity services, network and application analytics, traffic control and shaping, and more. Allot’s multi-service platforms are deployed by over 500 mobile, fixed and cloud service providers and over 1000 enterprises. Our industry-leading network-native security-as-a-service solution is already used by many millions of subscribers globally.

Forward-Looking Statement

This release contains forward-looking statements, which express the current beliefs and expectations of Company management. Such statements involve a number of known and unknown risks and uncertainties that could cause our future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied in such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: our accounts receivables, including our ability to collect outstanding accounts and assess their collectability on a quarterly basis; our ability to meet expectations with respect to our financial guidance and outlook; our ability to compete successfully with other companies offering competing technologies; the loss of one or more significant customers; consolidation of, and strategic alliances by, our competitors; government regulation; the timing of completion of key project milestones which impact the timing of our revenue recognition; lower demand for key value-added services; our ability to keep pace with advances in technology and to add new features and value-added services; managing lengthy sales cycles; operational risks associated with large projects; our dependence on channel partners for a material portion of our revenues; and other factors discussed under the heading "Risk Factors" in the Company's annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

PAVmed Inc. (PAVM) Shareholder/Analyst Call March 27, 2026 10:00 AM EDT

Company Participants

Lishan Aklog - Chairman & CEO
Michael Gordon - Executive VP, General Counsel & Secretary

Conference Call Participants

Eric Schwartz
Alwyn Burton

Presentation

Lishan Aklog
Chairman & CEO

I call the Special Meeting of Stockholders of PAVmed Inc. to order. I am Lishan Aklog, the company's Chairman and Chief Executive Officer. Also present are Dennis McGrath, the company's President and Chief Financial Officer; Michael Gordon, the company's General Counsel; Eric Schwartz of Graubard Miller, outside Counsel of the company; and Alwyn Burton of Continental Stock Transfer & Trust Company, the company's transfer agent. Eric will act as the Secretary of the meeting. As you all know, we're holding this special meeting via live webcast. To help the meeting run smoothly, Mr. Gordon will review a couple of housekeeping items before we begin.

Michael Gordon
Executive VP, General Counsel & Secretary

Thanks, Lishan. First, until the polls are closed towards the end of the meeting, you will have an opportunity to vote through the webcast platform. If you wish to vote, simply click on the voting link and follow the instructions. Voting through the webcast platform will revoke any previously delivered proxy. Second, during the meeting, you will have the opportunity to submit questions to management. You may submit questions through the questions pane in the webcast platform. We will review these questions and if appropriate, we'll respond to them after the meeting. Third, during the meeting, you may view a list of stockholders of record as of the close of business on the record date as certified by Continental Stock Transfer & Trust Company. Simply click on the corresponding link in the webcast platform.

Lishan Aklog
Chairman & CEO

With those matters addressed, we will now proceed to the

Key Takeaways Globe Life revenues are rising on strong life and health premium growth and improving net investment income. Globe Life expects solid 2026 sales growth across American Income, Liberty National and health segments. Globe Life's strong liquidity and capital position support buybacks and a dividend raised 22.2% in Feb 2026. Globe Life Inc. (GL - Free Report) has been trading above its 200-day simple moving average (SMA), signaling a short-term bullish trend. Its share price as of Wednesday was $138.80, down 9.1% from its 52-week high of $152.71.

The 200-day SMA is a long-term technical indicator that averages a stock's closing price over the last 200 trading days to smooth out volatility and identify the broader trend direction. When the stock price crosses above the 200-day SMA, it can be a signal to buy or hold.

Image Source: Zacks Investment Research

GL Shares are AffordableGlobe Life shares are trading at a discount compared to the industry. Its forward price-to-earnings multiple of 8.91X is lower than the industry average of 11.92X, the Finance sector’s 15.25X and the Zacks S&P 500 Composite’s 20.8X. Also, it has a Value Score of A.

Shares of other insurers like Unum Group (UNM - Free Report) are also trading at a discount to the industry average, while AMERISAFE, Inc. (AMSF - Free Report) and Aflac Incorporated (AFL - Free Report) are trading at a multiple.

Image Source: Zacks Investment Research

GL’s Price PerformanceGlobe Life shares have gained 5.6% in the past year against the industry’s decline of 4.7%.

Image Source: Zacks Investment Research

GL’s Growth Projection EncouragesThe Zacks Consensus Estimate for Globe Life’s 2026 earnings per share indicates a year-over-year increase of 5.2%. The consensus estimate for 2025 revenues is pegged at $6.38 billion, implying a year-over-year improvement of 5.9%. The consensus estimate for 2027 earnings per share and revenues indicates an increase of 8.1% and 5.6%, respectively, from the corresponding 2026 estimates. 
Earnings have grown 16.1% in the past five years, better than the industry average of 0.6%.

Target Price Reflects Potential UpsideBased on short-term price targets offered by 12 analysts, the Zacks average price target is $170.50 per share. The average indicates a potential 23.99% upside from the last closing price.

Image Source: Zacks Investment Research

GL’s Return on CapitalGL’s trailing 12-month return on equity is 21.3%, ahead of the industry average of 14.3%. Return on equity, a profitability measure, reflects how effectively a company is utilizing its shareholders’ equity.

Also, the return on invested capital (ROIC) in the trailing 12 months was 12.6%, better than the industry average of 6.8%. Its ROIC has been increasing over the last few quarters amid capital investment made over the same time frame. This reflects the company’s efficiency in utilizing funds to generate income.

Key Points to Note for Globe LifeGlobe Life has been witnessing a positive trend in revenues, driven by premium growth in its Life Insurance and Health Insurance segments and net investment income.

The strong performance of the American Income and Liberty National divisions should drive the top line in the future. Liberty National is likely to continue to benefit from improved productivity and agent count. GL’s expansion initiatives to capture heavily populated and less penetrated areas should drive growth in the future.

Globe Life expects net life sales of high single-digit growth at American Income, low double-digit growth at Liberty National, and mid-single digit growth at direct-to-consumer in 2026. The company expects Net health sales of low double-digit growth for both Liberty National and Family Heritage in 2026. For United American, the company is currently projecting flat sales growth for 2026.

Moreover, net investment income continues to be another important driver of the company’s top-line growth and has been exhibiting improvement over the last few years. The metric is likely to keep growing, riding on improved invested assets and higher interest rates on new investments.

The company has maintained a strong liquidity position with sufficient cash-generation capabilities. Its operations comprise writing basic protection life and supplemental health insurance policies, which generate strong and stable cash flows. For 2026, Global Life targets a consolidated company action level RBC ratio in the range of 300% to 320%.

A strong capital position enables Globe Life to enhance its shareholder value via share buybacks and dividend payouts. The insurer has also increased its dividend at a 9.2% CAGR from 2017 to 2026. In February 2026, it hiked its dividend by 22.2%

End NotesGlobe Life’s higher life and health sales, improved invested assets, increased productivity and agent count, strong liquidity position and effective capital deployment make it an attractive stock.

Its solid growth projections as well as attractive valuations are other positives. Coupled with a higher average price target and favorable return on capital, the time appears right for potential investors to bet on this Zacks Rank #2 (Buy) insurer. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways Block's Square partners with Steak Escape to power drive-thru, kiosk and in-store ops across 23 sites.Square's platform enables faster service, real-time visibility and tighter cost control for franchises.Square sees rising QSR traction, with food & beverage GPV up 16% in Q4 2025 as more restaurants adopt it. Block’s (XYZ - Free Report) merchant-facing business, Square, has expanded its partnership with Steak Escape, a quick-service restaurant (“QSR”). Square’s unified commerce platform will empower Steak Escape’s drive-thru, kiosk and in-store experience across its 23 locations.

This arrangement with Square is a strategic fit for Steak Escape as the QSR platform seeks to expand its footprint. It will aid speed, multi-location consistency and seamless experience at every customer touchpoint. Square’s platform will reduce frictions in the multi-franchise model, providing real-time visibility and tighter cost control at every location.

Square’s integrated ecosystem of hardware, software and APIs makes it well-suited for Steak Escape’s expansion. Steak Escape has now incubated Square Register for in-store service, Square Handheld for drive-thru ordering, Square Kitchen Display System for integrated kitchen communication and Square Kiosk for self-service ordering. At the back-end, the Square for Franchises management solution is in operation. The brand is using Square's first-party integrations for loyalty, marketing and online ordering, alongside an integration with Restaurant365 for financial management.

Block’s Square platform provides sellers with point-of-sale (POS) solutions and business tools. Gross Payment Volume (GPV) remains a key metric, reflecting transaction volumes processed through Square’s ecosystem.

Square is gaining traction in the food & beverage space. Recently, The Pancake Parlour selected Square to streamline operations across 13 locations, while Cinnaholic reengaged the platform for its 85 outlets nationwide.

This momentum is reflected in performance. Square’s GPV from food & beverage sellers rose 16% year over year in the fourth quarter of 2025, driven by adoption among fine dining restaurants and breweries seeking operational efficiency and scalability.

How Are Block’s Competitors Faring?PayPal Holdings, Inc. (PYPL - Free Report) via its stablecoin, PayPal USD, is engaging with TCS Blockchain, a provider of transportation trade finance, to scale solutions for trucking and transportation companies (carriers). This collaboration enables more carriers to settle freight invoices faster and at lower cost, using blockchain-based digital assets. PayPal USD is available in 70 markets worldwide.

SoFi Technologies (SOFI - Free Report) partnered with Mastercard, allowing SoFiUSD as a settlement option across its global payments network. This will enable settling card-based transactions using SoFiUSD, aiding faster money movement for cross-border remittances and B2B money transfers. This highlights the usage of digital currencies on a global scale.

XYZ’s Price Performance, Valuation & EstimatesShares of Block have declined 9.9% in the past three months, outperforming the broader industry but underperforming the S&P 500 Index.

Image Source: Zacks Investment Research

In terms of forward 12-month P/E, XYZ stock is trading at 15.63X, which is at a significant discount to the Zacks Internet Software industry’s 26.22X.

Image Source: Zacks Investment Research

Block’s estimate revisions reflect a positive trend. The Zacks Consensus Estimate for full-year 2026 EPS has been revised northward 7.5% over the past month. It indicates a significant increase year over year.

Image Source: Zacks Investment Research

Block currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Cybersecurity stocks slumped on Friday following a report that Anthropic is testing a powerful new artificial intelligence model that is more advanced in cyber capabilities and also presents potential security risks.

Fortune first reported the news on Thursday, citing information from a publicly accessible draft blog post. According to the report, the new Mythos model is being touted as Anthropic's most powerful yet. However, the company is planning a slow rollout due to potential cybersecurity implications.

Anthropic did not immediately respond to CNBC's request for comment.

Cybersecurity stocks slumped on the news, as the iShares Cybersecurity ETF lost 3%, while market leaders CrowdStrike and Palo Alto Networks dropped 7%. Zscaler and SentinelOne tumbled over 8%. Tenable plummeted nearly 11%, while Okta and Netskope fell more than 6% each.

This isn't a new phenomenon for the sector that's fallen prey to AI disruption fears.

Last month, cyber stocks fell after Anthropic announced a new code-scanning security tool to Claude. The broader software space is also feeling the pressure from tech innovation.

The rise of AI and autonomous agents is shifting the threat landscape, putting pressure on cybersecurity companies to keep up with more sophisticated attacks and tools that make hacking easier.

Anthropic said in November that a state-sponsored group in China utilized Claude to automate a cyberattack.

Read the full Fortune article here.

watch now

Read more CNBC tech newsMeta's court defeats add to Zuckerberg's recent woes, represent 'watershed event' for social mediaMeet Figure AI: The company behind the humanoid robot hosted by Melania TrumpA Google AI breakthrough is pressuring memory chip stocks from Samsung to MicronElon Musk calls for Delaware judge to recuse herself in lawsuits, alleging bias

Netflix (NFLX) is raising prices for all tiers of its streaming service, a headline that led several analysts to raise price targets on the stock. Marley Kayden takes a closer look at the analyst moves and why some see a guidance boost for the streaming giant.

Key Takeaways BITF is set to report Q4 results with revenues seen rising 6.17% YoY.Bitfarms faces pressure from high capex, debt growth and ongoing HPC/AI investments.BITF's impairments, restructuring and operational exits likely hurt quarterly performance. Bitfarms Ltd. (BITF - Free Report) is slated to release its fourth-quarter 2025 results on March 31.

The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $59.63 million, reflecting mid-single-digit growth of 6.17% year over year.

The consensus mark for the bottom-line loss is currently pegged at 4 cents per share, narrowed by 1 cent over the past 30 days. This represents a sharp year-over-year deterioration from earnings of 3 cents per share.

Bitfarms’ earnings performance has been inconsistent in the trailing four quarters, but it has still delivered an average positive surprise of 18.75%.

Let us see how things are shaping up for the upcoming announcement.

Key Factors to Note Ahead of BITF’s Q4 ResultsBitfarms continues to struggle with weak profitability, as seen in its third-quarter 2025 results, which showed a gross loss of $2.9 million, an operating loss of $29 million and a net loss of $46 million. These losses were mainly due to high depreciation, impairment charges and rising operating expenses linked to infrastructure expansion. Although revenues improved, heavy cost burdens and ongoing investments in HPC/AI limited earnings growth. As cost pressures and spending remain high, continued losses and weak profitability are expected to have hurt Bitfarms’ performance in the quarter under review.

Bitfarms’ expansion into HPC/AI infrastructure has led to higher capital spending and increased debt. The company issued $588 million in convertible notes, expanded its credit facility and committed more than $128 million to data center development, along with additional project financing and acquisitions. While these moves support long-term growth, they also raise financial obligations and potential dilution risks. With substantial cash outflows directed toward long-term projects rather than immediate revenue generation, financial flexibility remains constrained. Therefore, higher capex and rising debt levels are likely to have pressured Bitfarms’ financial performance in the fourth quarter of 2025.

Bitfarms has been impacted by asset impairments and the exit of underperforming operations, particularly in Argentina and Paraguay. The company recorded significant impairment charges, including $9 million from continuing operations and approximately $34 million related to discontinued operations, primarily driven by the shutdown of its Argentina facility following a power supply halt and the classification of Paraguay assets as held for sale. These actions reflect operational disruptions and asset write-downs, reducing overall earnings visibility. With restructuring effects likely extending into subsequent periods, these impairments and discontinued operations are expected to have affected performance in the to-be-reported quarter.

However, Bitfarms’ extensive and strategically located power portfolio remains a core competitive strength, comprising 2.1 GW of capacity across North America, including 341 MW operational, 440 MW secured growth and 1,360 MW under application. Its assets are concentrated in high-demand regions like Pennsylvania, Quebec and Washington, where power supply is limited, and demand is strong, helping to support better pricing and efficient operations. This strong position likely helped Bitfarms benefit from rising AI-related demand and secure better opportunities, and is expected to have strengthened revenue visibility and margin potential in the fourth quarter of 2025.

What Our Model Says About BITF StockOur proven model does not conclusively predict an earnings beat for Bitfarms this time around. Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, this is not the case here, as you can see below.

Bitfarms currently has an Earnings ESP of +100.00% and a Zacks Rank #4 (Sell). You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Stocks to ConsiderHere are some companies worth considering, as our model shows that these have the right combination of elements to beat earnings in their upcoming releases:

FactSet Research (FDS - Free Report) currently has an Earnings ESP of +1.67% and carries a Zacks Rank #2. FDS shares have declined 32.4% year to date. FDS is set to report its second-quarter fiscal 2026 results on March 31. You can see the complete list of today’s Zacks #1 Rank stocks here.

JPMorgan Chase & Co. (JPM - Free Report) has an Earnings ESP of +1.64% and carries a Zacks Rank #2 at present. JPM shares have fallen 9.5% year to date. JPM is set to report its first-quarter 2026 results on April 14.

Morgan Stanley (MS - Free Report) presently has an Earnings ESP of +15.41% and a Zacks Rank #2. MS shares have dropped 8% year to date. MS is slated to report its first-quarter 2026 results on April 15.

As part of a strategic move to optimize its store footprint, Noodles & Company closed 33 company-owned restaurants in 2025. In January, the chain said it would close dozens more stores this year.

However, despite the shrinking restaurant count, sales have grown. 

The fast-casual eatery held its fourth-quarter and full-year 2025 earnings call on Wednesday, March 25. It reported that comparable store sales increased 6.6% in the final quarter of 2025. Sales growth and traffic are also up as of early 2026.

Following the strong earnings report, shares of Noodles & Company (Nasdaq: NDLS) soared over 50% on Thursday.

Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day

The stock is up almost 60% year to date as of premarket trading on Friday. That’s a significant contrast to the broader Nasdaq Composite, which is down 7.78% for 2026 so far.

How store closures have helped same-store sales Despite having closed more than 30 stores in 2025, Noodles & Company reported system-wide comparable store sales growth of nearly 7% in the fourth quarter of 2025. 

On Wednesday’s earnings call, CEO Joe Christina told investors that the restaurant closures “resulted in a material transfer of sales to nearby locations . . . which also favorably impacted margins.”

Explore Topicsfast foodrestaurantsRetailstore closures