Paychex also earned Newsweek’s America’s Greatest Workplaces honor
Paychex named to Newsweek’s Most Trustworthy Companies in America 2026, recognizing strength in customer, investor, and employee trustThe company was also awarded Newsweek’s America’s Greatest Workplaces 2026, reinforcing Paychex’s reputation as a top employer with a strong workplace culture and employee experience ROCHESTER, N.Y., June 22, 2026 (GLOBE NEWSWIRE) -- Paychex, Inc. (Nasdaq: PAYX), an industry-leading human capital management (HCM) company, has recently been named one of the Most Trustworthy Companies in America 2026 by Newsweek and Statista. This ranking represents a select group of companies identified through an independent survey measuring customer, investor, and employee trust, together with social media listening analysis.
Newsweek Recognizes Paychex as a Trusted Workplace Built on its People
Paychex was also recently honored among America’s Greatest Workplaces 2026 by Newsweek and Plant-A Insights Group. The annual list is based on a nationwide survey of company reviews from employees, as well as data from previous studies, recognizing employers of excellence in the U.S.
“We are honored to be recognized by Newsweek for both trust and workplace excellence, which are principles that are deeply connected at Paychex,” said Mason Argiropoulos, Chief Human Resources Officer at Paychex. “By investing in our employees and consistently delivering for our clients, we continue to build a company that businesses can rely on, and where people want to work.”
"We all want to work somewhere we feel valued. Our newest research celebrates the companies making that a reality. When businesses put their people first, everyone wins—employees are happier, productivity goes up, and the company thrives. These rankings shine a light on the workplaces truly getting it right for their teams," said Jennifer H. Cunningham, Newsweek Editor-In-Chief.
A Trusted Leader HCM, Ethics, and Innovation
For 55 years, Paychex has built trust and empowered businesses through a purpose-driven culture rooted in six core values: integrity, partnership, accountability, respect, innovation, and service. This commitment to responsible business practices has earned the company recognition in 2026, including Ethisphere’s World’s Most Ethical Companies for the 18th time.
To learn more about Paychex’s corporate awards and honors, please see the awards page on the Paychex website.
Methodology
Newsweek and Statista’s Most Trustworthy Companies in America 2026 list evaluated U.S.-based public and private companies with at least $500 million in revenue. To determine rank, an independent survey of 25,000 U.S. residents that submitted 101,000 company evaluations and a social listening analysis of over 300,000 mentions were assessed. Newsweek and Plant-A Insights Group’s America’s Greatest Workplaces 2026 list was determined based on a large-scale nationwide survey that collected more than 2.7 million company reviews from over 179,000 employees, in addition to data from previous studies.
About Paychex
Paychex, Inc. (Nasdaq: PAYX) is the digitally driven HR leader that is reimagining how companies address the needs of today’s workforce with the most comprehensive, flexible, and innovative HCM solutions for organizations of all sizes. Offering a full spectrum of HR advisory and employee solutions, Paychex pays 1 out of every 11 American private sector workers and is raising the bar in HCM for approximately 800,000 customers in the U.S. and Europe. Every member of the Paychex team is committed to fulfilling the company’s purpose of helping businesses succeed. Visit paychex.com to learn more.
Media Contacts
Samantha Jean
PR Program Manager II
Paychex, Inc.
(585) 218-6086 [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/14cab0da-f8c6-4b5e-a15e-5d94b0d52e0e
Paychex Newsweek Awards Paychex has been named to Newsweek's America's Most Trustworthy Companies and America's Greatest Wor...
Delivered Strong Double-Digit Revenue and Earnings GrowthExpanded AI Leadership with the Launch of WISE Workforce Intelligence EngineReturned $2.2 Billion to Shareholders in Fiscal 2026
ROCHESTER, N.Y., June 24, 2026 (GLOBE NEWSWIRE) -- Paychex (Nasdaq: PAYX), a leading provider of expert-enabled HR, payroll, and benefits, today reported results for the fiscal quarter ended May 31, 2026 (the "fourth quarter") of the fiscal year ended May 31, 2026 ("fiscal 2026"). Results compared to the same period last year were as follows:
Three months ended Twelve months ended May 31, May 31, In millions, except per share amounts 2026 2025 Change(2)
2026 2025 Change(2)Total revenue $1,605.5 $1,427.3 12% $6,512.0 $5,571.7 17%Operating income $604.7 $431.1 40% $2,510.5 $2,207.7 14%Adjusted operating income(1) $675.8 $576.7 17% $2,814.7 $2,370.0 19%Diluted earnings per share $1.17 $0.82 43% $4.89 $4.58 7%Adjusted diluted earnings per share(1) $1.32 $1.19 11% $5.51 $4.98 11% (1) Adjusted operating income and adjusted diluted earnings per share are not United States ("U.S.") generally accepted accounting principle ("GAAP") measures. Please refer to the "Non-GAAP Financial Measures" section of this press release for a discussion of non-GAAP measures.
(2) Percentage changes are calculated based on unrounded numbers.
“We finished fiscal 2026 with strong momentum, delivering double-digit revenue and earnings growth while accelerating organic revenue growth throughout the year,” stated John Gibson, President and Chief Executive Officer. "These results reflect solid execution against two of our strategic priorities, the successful integration of Paycor to advance our upmarket expansion and AI innovation that further differentiates our HCM and advisory solutions. Our durable business model and strong cash generation enabled us to return $2.2 billion to shareholders this fiscal year while continuing to invest in innovation and future growth."
Gibson continued, “As businesses look for a trusted partner to help them manage increasing work and complexity, we believe Paychex is well positioned to deliver differentiated value through the combination of our AI-driven technology and deep advisory expertise. This quarter, we launched WISE, our AI-powered intelligence engine, across our HCM platforms and internal operations, enabling more proactive, autonomous execution. It leverages patent-pending technology to unlock insights from unstructured data to increase productivity and enhance client outcomes.”
Fourth Quarter Business Highlights
Fourth quarter results reflect a full quarter of revenue and expenses from Paycor HCM, Inc. (“Paycor”), acquired in April 2025, compared to a partial-quarter in the prior-year period.
Total revenue increased to $1.6 billion for the fourth quarter, representing growth of 12% over the prior year period. Highlights compared to the prior year period include:
Management Solutions revenue increased 14% to $1.2 billion for the fourth quarter. Paycor, acquired in April 2025, contributed approximately 8% to Management Solutions revenue growth year-over-year. Management Solutions revenue increased due to the following:
Higher product penetration and growth in client worksite employees for Human Resources ("HR") Solutions; andPrice realization and higher revenue per client driven by Paycor's upmarket client base. Professional Employer Organization ("PEO") and Insurance Solutions revenue increased 9% to $369.7 million for the fourth quarter, primarily due to the following:
Growth in the number of average PEO worksite employees; andIncrease in PEO insurance revenues. Interest on funds held for clients increased 15% to $52.2 million for the fourth quarter due to higher average investment balances resulting from the acquisition of Paycor.
Total expenses were relatively flat for the fourth quarter, primarily impacted by the following:
Increases in compensation-related expenses and amortization of intangible assets, primarily driven by the acquisition of Paycor; andHigher technology, selling, and marketing investments driven by the acquisition of Paycor and continued investments in our strategic priorities; offset byLower acquisition-related compensation and other acquisition-related costs, primarily consisting of professional service fees.
Operating income increased 40% to $604.7 million for the fourth quarter. The increase in operating income primarily reflected revenue growth and lower acquisition-related costs compared to the prior year period. Adjusted operating income(1), which excludes acquisition-related costs included in selling, general and administrative expenses, grew 17% to $675.8 million for the fourth quarter. Operating margin (operating income as a percentage of total revenue) was 37.7% for the fourth quarter compared to 30.2% for the prior year period. Adjusted operating margin(1) (adjusted operating income as a percentage of total revenue) was 42.1% for the fourth quarter compared to 40.4% for the prior year period.
Interest expense increased $1.0 million to $64.7 million for the fourth quarter, primarily due to the issuance of incremental debt in April 2025 to finance the acquisition of Paycor. The prior-year period also included acquisition-related financing costs.
Other income, net, decreased $7.7 million to $14.2 million for the fourth quarter, primarily as a result of lower average investment balances on our corporate investments resulting from the repayment of the Company's long-term private placement debt, Senior Notes, Series A, which matured in March 2026, and higher share repurchases in fiscal 2026.
Our effective income tax rate was 24.1% for the fourth quarter and 23.7% for the prior year period. Both periods were affected by the recognition of discrete tax impacts related to employee stock-based compensation payments.
Diluted earnings per share increased 43% to $1.17 per share and adjusted diluted earnings per share(1) increased 11% to $1.32 per share for the fourth quarter.
Fiscal Year Business Highlights
Highlights for fiscal 2026 as compared to the corresponding prior year period are as follows:
Total revenue increased 17% to $6.5 billion.Operating income increased 14% to $2.5 billion and adjusted operating income(1) increased 19% to $2.8 billion.Operating margin was 38.6% for the fiscal year compared to 39.6% for the prior year period. Adjusted operating margin(1) was 43.2% for the fiscal year compared to 42.5% for the prior year period.Diluted earnings per share increased 7% to $4.89 per share. Adjusted diluted earnings per share(1) increased 11% to $5.51 per share. Financial Position and Liquidity
Our financial position and cash flow generation remained strong during fiscal 2026. As of May 31, 2026, we had:
Cash, restricted cash, and total corporate investments of $1.2 billion.Short-term and long-term borrowings, net of debt issuance costs, of $4.6 billion.Cash flow from operations was $2.6 billion for the fiscal year.
Return to Stockholders During Fiscal 2026
Paid cumulative dividends of $4.43 per share totaling $1.6 billion.Repurchased 5.6 million shares of our common stock for $611.0 million. Business Outlook
Our outlook for the fiscal year ending May 31, 2027 ("fiscal 2027") reflects current assumptions and market conditions. Changes in the macroeconomic environment could alter our guidance. Our updated business outlook is as follows:
Total revenue is anticipated to grow in the range of 5% to 6%.Management Solutions revenue is anticipated to grow in the range of 5% to 6%.PEO and Insurance Solutions revenue is anticipated to grow in the range of 6% to 7%.Interest on funds held for clients is expected to be in the range of $195 million to $205 million.Adjusted operating margin(1) is anticipated to be approximately 44%.The effective income tax rate for fiscal 2027 is anticipated to be approximately 24%.Adjusted diluted earnings per share(1) is anticipated to grow in the range of 7% to 9%.
(1) Adjusted operating income, adjusted operating margin, and adjusted diluted earnings per share are not U.S. GAAP measures. Please refer to the "Non-GAAP Financial Measures" section of this press release for a discussion of non-GAAP measures. Forward-looking adjusted operating margin and adjusted diluted earnings per share exclude acquisition-related costs.
Non-GAAP Financial Measures
Three months ended Twelve months ended May 31, May 31, $ in millions, except per share amounts 2026 2025 Change 2026 2025 ChangeOperating income $604.7 $431.1 40% $2,510.5 $2,207.7 14%Non-GAAP adjustments: Acquisition-related costs(1) 71.1 145.6 304.2 162.3 Adjusted operating income $675.8 $576.7 17% $2,814.7 $2,370.0 19%Adjusted operating margin 42.1% 40.4% 43.2% 42.5% Net income $420.6 $297.2 41% $1,760.1 $1,657.3 6%Non-GAAP adjustments: Acquisition-related costs(1) 71.1 166.4 304.2 196.3 Income tax benefit for acquisition-related costs (17.1) (33.3) (73.3) (40.6) Discrete tax shortfall/(windfall) related to employee stock-based compensation payments(2) 0.0 (0.7) (6.2) (10.1) Adjusted net income $474.6 $429.6 10% $1,984.8 $1,802.9 10% Diluted earnings per share(3) $1.17 $0.82 43% $4.89 $4.58 7%Non-GAAP adjustments: Acquisition-related costs(1) 0.20 0.46 0.84 0.54 Income tax benefit for acquisition-related costs (0.05) (0.09) (0.20) (0.11) Discrete tax shortfall/(windfall) related to employee stock-based compensation payments(2) 0.00 (0.00) (0.02) (0.03) Adjusted diluted earnings per share $1.32 $1.19 11% $5.51 $4.98 11% Net income $420.6 $297.2 41% $1,760.1 $1,657.3 6%Non-GAAP adjustments: Interest expense 64.7 63.7 269.5 105.4 Interest income on corporate investments (13.0) (20.5) (63.4) (72.8) Income taxes 133.6 92.1 550.8 518.6 Depreciation and amortization expense 113.2 85.7 442.6 209.5 EBITDA $719.1 $518.2 39% $2,959.6 $2,418.0 22%Non-GAAP adjustments: Acquisition-related costs(1) 10.6 104.9 62.2 121.6 Adjusted EBITDA $729.7 $623.1 17% $3,021.8 $2,539.6 19% (1) Acquisition-related costs included in selling, general and administrative expenses include:
$60.5 million for the fourth quarter and $242.0 million for the twelve months compared to $40.7 million for both corresponding prior-year periods, in amortization of intangibles acquired in the acquisition of Paycor,$10.4 million for the fourth quarter and $52.1 million for the twelve months compared to $70.8 million for both corresponding prior-year periods, in compensation costs related to the acquisition and integration of Paycor, including replacement awards, severance and retention bonuses, and$0.2 million for the fourth quarter and $10.1 million for the twelve months compared to $34.1 million and $50.8 million for corresponding prior-year periods, respectively, in other acquisition-related costs primarily consisting of professional service fees. In addition, acquisition-related costs for the three and twelve months ended May 31, 2025 include $20.8 million and $34.0 million, respectively, reflecting the amortization of financing fees related to debt instruments associated with the financing of the Paycor acquisition and the excluded component of the initial fair value of the interest rate swaption contracts that are included in Interest expense in the Company's Consolidated Statements of Income.
(2) Net tax shortfall/(windfall) related to employee stock-based compensation payments recognized in income taxes. This item is subject to volatility and will vary based on employee decisions on exercising employee stock options and fluctuations in our stock price, neither of which is within the control of management.
(3) The calculation of the impact of non-GAAP adjustments on diluted earnings per share is performed on each line independently. The table may not add down by +/- $0.01 due to rounding.
In addition to reporting operating income, operating margin, net income, and diluted earnings per share, which are U.S. GAAP measures, we present adjusted operating income, adjusted operating margin, adjusted net income, adjusted diluted earnings per share, earnings before interest, taxes, depreciation, and amortization ("EBITDA"), and adjusted EBITDA which are non-GAAP measures. We believe these additional measures are indicators of the performance of our core business operations period over period. Adjusted operating income, adjusted operating margin, adjusted net income, adjusted diluted earnings per share, EBITDA, and adjusted EBITDA are not calculated through the application of U.S. GAAP and are not required forms of disclosure by the Securities and Exchange Commission ("SEC"). As such, they should not be considered a substitute for the U.S. GAAP measures of operating income, operating margin, net income, and diluted earnings per share, and, therefore, they should not be used in isolation but in conjunction with the U.S. GAAP measures. The use of any non-GAAP measure may produce results that vary from the U.S. GAAP measure and may not be comparable to a similarly defined non-GAAP measure used by other companies.
Annual Report on Form 10-K ("Form 10-K")
We anticipate filing our Form 10-K before the end of July 2026. Once filed, the report will be accessible via our Investor Relations portal at https://investor.paychex.com. This press release should be read in conjunction with the Form 10-K and the related Notes to Consolidated Financial Statements and Management's Discussion and Analysis of Financial Condition and Results of Operations contained in that Form 10-K.
Webcast Details
The Company will host an Earnings Conference Call on June 24, 2026 at 9:30 a.m. Eastern Time, to discuss these results. The live webcast will be available for replay on our Investor Relations portal at https://investor.paychex.com, where news releases, current financial information, and investor presentations are also accessible.
Contacts
Investor Relations:Media Relations:Rachel WhiteTracy VolkmannHead of Investor RelationsManager, Public Relations(513) 954-7388(585) [email protected]@paychex.com About Paychex
Paychex, Inc. (Nasdaq: PAYX) provides a comprehensive suite of expert-enabled technology and advisory solutions that help businesses manage HR, payroll, and benefits. Serving approximately 800,000 clients and paying 1 in 11 U.S. private sector workers, Paychex combines scale, trusted expertise, and innovation to help businesses succeed. Built on more than 50 years of workforce experience and one of the industry’s largest proprietary HR datasets, Paychex’s WISE agentic AI platform embeds intelligence directly into workflows to improve productivity, enhance decision-making, and deliver better outcomes. Learn more at paychex.com.
Certain written statements in this press release may contain, and members of management may from time to time make or discuss statements which constitute, "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by such words and phrases as "expect," "outlook," "will," "guidance," "projections," "strategy," "anticipate," "believe," "can," "continue," "could," "future," "may," "possible," "potential," "should," "see," and other similar words or phrases. Forward-looking statements include, without limitation, all matters that are not historical facts. Examples of forward-looking statements include, among others, statements we make regarding operating performance, events, or developments that we expect or anticipate will occur in the future, including statements relating to our outlook, revenue growth, earnings, earnings-per-share growth, and similar projections.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to known and unknown uncertainties, risks, changes in circumstances, and other factors that are difficult to predict, many of which are outside our control. Our actual performance and outcomes, including without limitation, our actual results and financial condition, may differ materially from those indicated in or suggested by the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:
our ability to keep pace with changes in technology or provide timely enhancements to our solutions and support;risks related to our use of artificial intelligence ("AI") and new technologies in our business;software defects, undetected errors, and development delays for our solutions;the possibility of cyberattacks, security vulnerabilities or Internet disruptions, including data security and privacy leaks, and data loss and business interruptions;the possibility of failure of our business continuity plan during a catastrophic event;the failure of third-party service providers to perform their functions;the possibility that we may be exposed to additional risks related to our co-employment relationship with our PEO business;changes in health insurance and workers’ compensation insurance rates and underlying claim trends;risks related to acquisitions and the integration and performance of the businesses we acquire;our clients’ failure to reimburse us for payments made by us on their behalf;the effect of changes in government regulations mandating the amount of tax withheld or the timing of remittances;our failure to comply with covenants in our corporate bonds and debt agreements;changes in our credit ratings;changes in governmental regulations, laws, and policies;our ability to comply with U.S., state, and foreign laws and regulations;our compliance with data privacy and AI laws and regulations;our failure to protect our intellectual property rights;potential outcomes related to pending or future litigation matters;the impact of macroeconomic factors on the U.S. and global economy, and in particular on our small- and medium-sized business clients;volatility in the political, market, and economic environment, including inflation and interest rate changes;our ability to attract and retain qualified people; andthe possible effects of negative publicity on our reputation and the value of our brand. Any of these factors, as well as such other factors as discussed in our SEC filings, could cause our actual results to differ materially from our anticipated results. The information provided in this document is based upon the facts and circumstances known as of the date of this press release, and any forward-looking statements made by us in this document speak only as of the date on which they are made. Except as required by law, we undertake no obligation to update these forward-looking statements after the date of issuance of this press release to reflect events or circumstances after such date, or to reflect the occurrence of unanticipated events.
PAYCHEX, INC.
CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
(In millions, except per share amounts) Three months ended Twelve months ended May 31, May 31, 2026 2025 Change(2) 2026 2025 Change(2)Revenue: Management Solutions $1,183.6 $1,041.8 14% $4,867.9 $4,067.1 20%PEO and Insurance Solutions 369.7 340.3 9% 1,433.2 1,342.9 7%Total service revenue 1,553.3 1,382.1 12% 6,301.1 5,410.0 16%Interest on funds held for clients(1) 52.2 45.2 15% 210.9 161.7 30%Total revenue 1,605.5 1,427.3 12% 6,512.0 5,571.7 17%Expenses: Cost of service revenue 417.3 393.9 6% 1,674.5 1,540.4 9%Selling, general and administrative expenses 583.5 602.3 (3)% 2,327.0 1,823.6 28%Total expenses 1,000.8 996.2 0% 4,001.5 3,364.0 19%Operating income 604.7 431.1 40% 2,510.5 2,207.7 14%Interest expense (64.7) (63.7) n/m (269.5) (105.4) n/m Other income, net(1) 14.2 21.9 (35)% 69.9 73.6 (5)%Income before income taxes 554.2 389.3 42% 2,310.9 2,175.9 6%Income taxes 133.6 92.1 45% 550.8 518.6 6%Net income $420.6 $297.2 41% $1,760.1 $1,657.3 6% Basic earnings per share $1.18 $0.82 44% $4.90 $4.60 7%Diluted earnings per share $1.17 $0.82 43% $4.89 $4.58 7%Weighted-average common shares outstanding 357.6 360.3 358.9 360.2 Weighted-average common shares outstanding, assuming dilution 358.2 362.3 360.0 362.0 (1) Further information on interest on funds held for clients and other income, net, and the short- and long-term effects of changing interest rates can be found in our filings with the SEC, including our Quarterly Reports on Form 10-Q and our Annual Report on Form 10-K, as applicable, under the caption "Management’s Discussion and Analysis of Financial Condition and Results of Operations" and subheadings "Results of Operations" and "Market Risk Factors." These filings are accessible at https://investor.paychex.com.
(2) Percentage changes are calculated based on unrounded numbers.
n/m – not meaningful
PAYCHEX, INC.
CONSOLIDATED BALANCE SHEETS (Unaudited)
(In millions, except per share amounts)
May 31, 2026 2025 ASSETS Cash and cash equivalents $1,088.2 $1,628.6 Restricted cash 52.8 47.9 Corporate investments 36.3 34.5 Interest receivable 36.1 27.9 Accounts receivable, net of allowance for credit losses 1,507.6 1,330.5 PEO unbilled receivables, net of advance collections 664.2 616.6 Prepaid income taxes 11.2 38.9 Prepaid expenses and other current assets 384.7 378.3 Current assets before funds held for clients 3,781.1 4,103.2 Funds held for clients 4,832.2 4,813.3 Total current assets 8,613.3 8,916.5 Property and equipment, net of accumulated depreciation 588.9 511.5 Operating lease right-of-use assets, net of accumulated amortization 63.9 63.8 Intangible assets, net of accumulated amortization 1,684.0 1,947.3 Goodwill 4,527.4 4,514.1 Long-term deferred costs 555.8 482.4 Other long-term assets 141.2 128.5 Total assets $16,174.5 $16,564.1 LIABILITIES Accounts payable $154.8 $129.8 Accrued corporate compensation and related items 162.1 183.9 Accrued worksite employee compensation and related items 844.8 735.8 Short-term debt — 18.6 Long-term debt, net, current portion — 399.8 Accrued income taxes 87.8 — Deferred revenue 69.4 69.4 Other current liabilities 637.1 552.0 Current liabilities before client fund obligations 1,956.0 2,089.3 Client fund obligations 4,884.6 4,867.0 Total current liabilities 6,840.6 6,956.3 Accrued income taxes 140.5 119.0 Deferred income taxes 543.3 444.7 Long-term debt, net 4,556.1 4,548.4 Operating lease liabilities 52.2 55.5 Other long-term liabilities 306.7 312.2 Total liabilities 12,439.4 12,436.1 STOCKHOLDERS’ EQUITY Common stock, $0.01 par value; Authorized: 600.0 shares;
Issued and outstanding: 355.6 shares as of May 31, 2026
and 360.5 shares as of May 31, 2025 3.6 3.6 Additional paid-in capital 1,975.6 1,901.1 Retained earnings 1,805.8 2,277.0 Accumulated other comprehensive loss (49.9) (53.7)Total stockholders’ equity 3,735.1 4,128.0 Total liabilities and stockholders’ equity $16,174.5 $16,564.1 PAYCHEX, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
(In millions)
Twelve months ended May 31, 2026 2025 OPERATING ACTIVITIES Net income $1,760.1 $1,657.3 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 442.6 209.5 Amortization of discounts and premiums on available-for-sale securities, net (7.6) 23.4 Amortization of deferred contract costs 249.2 236.5 Stock-based compensation costs 96.1 111.8 Provision for/(Benefit from) deferred income taxes 103.7 (15.8)Provision for allowance for credit losses 38.1 24.2 Net realized (gains)/losses on sales of available-for-sale securities (7.6) 0.4 Net realized losses on disposal of assets 6.2 3.7 Premiums paid on cash flow hedges — (19.2)Changes in operating assets and liabilities: Interest receivable (8.2) (3.8)Accounts receivable and PEO unbilled receivables, net (105.8) (130.7)Prepaid expenses and other current assets 40.0 (12.0)Accounts payable and other current liabilities 291.4 42.3 Deferred costs (342.5) (246.5)Net change in other long-term assets and liabilities 3.9 21.9 Net change in operating lease right-of-use assets and liabilities (2.9) (2.1)Net cash provided by operating activities 2,556.7 1,900.9 INVESTING ACTIVITIES Purchases of available-for-sale securities (12,226.2) (14,302.9)Proceeds from sales and maturities of available-for-sale securities 11,517.6 14,292.5 Net change in purchased receivables (166.1) (157.3)Purchases of property and equipment (234.9) (191.8)Acquisition of businesses, net of cash acquired (0.4) (2,967.5)Purchases of other assets (42.4) (29.8)Net cash used in investing activities (1,152.4) (3,356.8)FINANCING ACTIVITIES Net change in client fund obligations 17.6 (290.7)Net proceeds from short-term borrowings (18.8) — Payments on long-term debt (400.0) — Proceeds from the issuance of corporate bonds — 4,180.9 Dividends paid (1,589.6) (1,448.5)Repurchases of common shares (611.0) (104.5)Debt issuance costs — (47.8)Activity related to equity-based plans (52.0) 3.8 Net cash (used in)/provided by financing activities (2,653.8) 2,293.2 Net change in cash, restricted cash, and equivalents (1,249.5) 837.3 Cash, restricted cash, and equivalents, beginning of fiscal year 2,734.3 1,897.0 Cash, restricted cash, and equivalents, end of fiscal year $1,484.8 $2,734.3 Reconciliation of cash, restricted cash and equivalents Cash and cash equivalents $1,088.2 $1,628.6 Restricted cash 52.8 47.9 Restricted cash and restricted cash equivalents included in funds held for clients 343.8 1,057.8 Total cash, restricted cash, and equivalents $1,484.8 $2,734.3
Paychex (PAYX - Free Report) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.63%. A quarter ago, it was expected that this payroll processor and human-resources services provider would post earnings of $1.68 per share when it actually produced earnings of $1.71, delivering a surprise of +1.79%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Paychex, which belongs to the Zacks Internet - Software industry, posted revenues of $1.61 billion for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 0.22%. This compares to year-ago revenues of $1.43 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Paychex shares have lost about 12.7% since the beginning of the year versus the S&P 500's gain of 7.6%.
What's Next for Paychex?While Paychex has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Paychex was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.34 on $1.61 billion in revenues for the coming quarter and $5.90 on $6.9 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Penguin Solutions, Inc. (PENG - Free Report) , another stock in the same industry, has yet to report results for the quarter ended May 2026. The results are expected to be released on July 7.
This company is expected to post quarterly earnings of $0.63 per share in its upcoming report, which represents a year-over-year change of +34%. The consensus EPS estimate for the quarter has been revised 13.3% higher over the last 30 days to the current level.
Penguin Solutions, Inc.'s revenues are expected to be $435 million, up 34.2% from the year-ago quarter.
For the quarter ended May 2026, Paychex (PAYX - Free Report) reported revenue of $1.61 billion, up 12.5% over the same period last year. EPS came in at $1.32, compared to $1.19 in the year-ago quarter.
The reported revenue represents a surprise of +0.22% over the Zacks Consensus Estimate of $1.6 billion. With the consensus EPS estimate being $1.31, the EPS surprise was +0.63%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Paychex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average interest rates earned (exclusive of net realized gains) - Funds held for clients: 3.5% versus the three-analyst average estimate of 3.4%.Average investment Balance - Corporate cash equivalents and investments: $1.46 billion versus the three-analyst average estimate of $2.03 billion.Average investment Balance - Funds held for clients: $5.85 billion compared to the $4.97 billion average estimate based on three analysts.Average interest rates earned (exclusive of net realized gains) - Corporate cash equivalents and investments: 3.6% versus the three-analyst average estimate of 3.4%.Revenue- Management Solutions: $1.18 billion compared to the $1.19 billion average estimate based on five analysts. The reported number represents a change of +13.6% year over year.Revenue- Interest on funds held for clients: $52.2 million compared to the $47.49 million average estimate based on five analysts. The reported number represents a change of +15.5% year over year.Revenue- Total service revenue: $1.55 billion versus $1.55 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +12.4% change.Revenue- PEO and Insurance Solutions: $369.7 million versus the five-analyst average estimate of $361.05 million. The reported number represents a year-over-year change of +8.6%.View all Key Company Metrics for Paychex here>>>
Shares of Paychex have returned +3.4% over the past month versus the Zacks S&P 500 composite's -1.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Paychex Inc (NASDAQ:PAYX) reported fiscal fourth quarter results that exceeded Wall Street expectations, though shares slipped about 2% in early trading as investors focused on the company’s fiscal 2027 guidance.
For the quarter ended May 31, Paychex reported adjusted diluted earnings per share of $1.32, slightly ahead of analyst estimates of $1.31.
Revenue rose 12% year over year to $1.61 billion, also topping consensus expectations of $1.60 billion.
For fiscal 2026, revenue increased 17% to $6.51 billion, while adjusted diluted earnings per share rose 11% to $5.51.
Paychex said growth in the quarter was supported in part by its acquisition of Paycor HCM, completed in April 2025, which contributed roughly eight percentage points to Management Solutions revenue growth.
That segment rose 14% to $1.2 billion, while Professional Employer Organization (PEO) and Insurance Solutions revenue increased 9% to $369.7 million. Interest on funds held for clients climbed 15% to $52.2 million.
“We finished fiscal 2026 with strong momentum, delivering double-digit revenue and earnings growth while accelerating organic revenue growth throughout the year,” Paychex CEO John Gibson said in a statement.
He pointed to the integration of Paycor and continued investment in artificial intelligence, including the rollout of the company’s WISE AI-powered intelligence engine.
For 2027, Paychex expects total revenue to grow 5% to 6% in fiscal 2027, with Management Solutions revenue also rising 5% to 6% and PEO and Insurance Solutions revenue increasing 6% to 7%.
The company projects interest on funds held for clients of $195 million to $205 million and an effective tax rate of approximately 24%.
Adjusted operating margin is expected to be about 44%, while adjusted diluted earnings per share are projected to increase 7% to 9%, implying a range of roughly $5.90 to $6.01 per share.
The outlook was broadly in line with analyst expectations, though investors appeared cautious on the growth trajectory, contributing to the stock’s modest decline.
U.S. oilfield services firm Baker Hughes has offered remedies in an effort to secure EU antitrust approval for its $13.6 billion acquisition of Chart Industries , a European Commission filing showed on Monday.
Service agreement covers parts, services and technical support for critical turbomachinery, including 2 NovaLT™16 gas turbinesScope includes iCenter™ digital services and engineering advisory to enhance equipment reliability and availability Agreement reinforces Baker Hughes’ commitment to supporting West Africa’s energy infrastructure and domestic supply HOUSTON and LONDON, June 23, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday an award from ANOH Gas Processing Company (AGPC) to provide comprehensive lifecycle services [that covers parts, repair services, engineering advisory] and iCenter™ digital services for turbomachinery equipment at the greenfield ANOH Gas Processing Plant in Nigeria, one of the nation’s critical onshore gas projects. The agreement underscores Baker Hughes’ role as a lifecycle solutions provider.
The agreement builds on Baker Hughes’ relationship with ANOH Gas Processing Company. In 2019, Baker Hughes supplied an integrated power island solution for the facility, inclusive of two NovaLT™ 16 gas turbines – the first supplied in Sub-Saharan Africa – along with compressors and gears.
The service agreement covers essential maintenance and repairs for the plant’s critical equipment, including two NovaLT™16 gas turbines. In addition to providing local engineering support, Baker Hughes will deploy iCenter™ digital services, powered by Cordant™, for remote monitoring and diagnostics to enhance equipment reliability, availability and optimized operations.
“It is a pleasure to collaborate with a globally trusted energy technology leader like Baker Hughes on this critical project,” said James Makinde, Managing Director at ANOH Gas Processing Company. “The reliable performance of critical turbomachinery equipment is essential to the successful operation of the ANOH Plant and to delivering on Nigeria’s domestic energy supply goals.”
“This long-term agreement is a testament to our successful collaboration with ANOH Gas Processing Company and the trust placed in our lifecycle service capabilities,” said Baker Hughes Chief Growth & Experience Officer and interim Executive Vice President of Industrial & Energy Technology Maria Claudia Borras. “We are leveraging our regional expertise and pairing it with our advanced digital technologies and services, supporting the delivery of reliable, efficient and affordable power solutions and helping Nigeria realize its goal to move to lower-carbon fuel sources.”
The ANOH Gas Processing Plant is key to Nigeria’s strategy to develop its natural gas resources to support power generation and industrial use, along with accelerating the transition from traditional oil to cleaner-burning hydrocarbons. Work under the agreement will be delivered through the Baker Hughes Service Center in Port Harcourt, Nigeria, that employs local talent and delivers comprehensive lifecycle services.
About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
Collaboration aims to remove historical hurdles to scaling geothermal energy, targets installation of up to 500 megawatts of power in the next five yearsProjects will utilize Baker Hughes’ integrated portfolio of scalable, lower-carbon energy solutions HOUSTON and LONDON, June 24, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and Mantle Reach Power, a dedicated geothermal development company backed by EnCap Energy Transition Fund III, announced Wednesday a new commercial agreement to facilitate the economically viable, financially sustainable large-scale deployment of geothermal energy in North America.
The agreement underscores the parties’ shared commitment to advance the next generation of clean and reliable baseload power needed to meet the demand driven by electrification and the rapid growth of artificial intelligence and hyperscale computing – which require reliable, around-the-clock energy.
Under this pioneer arrangement, Baker Hughes will act as an integrated subsurface solution provider, while Mantle Reach Power – drawing on EnCap’s deep bench of power and E&P expertise – will lead project development, ownership and financing. One of the most experienced energy investment platforms in North America, EnCap Investments has approximately $47 billion raised across 25 institutional funds. By combining Baker Hughes’ integrated subsurface and surface technologies with Mantle Reach Power’s geothermal development capabilities, the collaboration aims to dramatically accelerate project development and execution, optimize risk allocation, and materially enhance pre-construction bankability – historically one of the most significant barriers to scaling geothermal energy.
The phased structure of the agreement integrates advanced technologies applicable to geothermal development, construction and operation, and supports the delivery of secure and renewable energy capacity. As the projects materialize, Baker Hughes anticipates it will provide its comprehensive portfolio of subsurface technologies, surface power generation and digital solutions to help de-risk, build and deliver up to 500MW of installed capacity, providing geothermal energy at an industrial scale and on competitive terms.
“Geothermal is a clean power solution that is proving to be a vital contributor to advancing sustainable energy development, with incredible potential to enhance U.S. energy security, support digital infrastructure, and ensure energy remains accessible and affordable. We are proud that Baker Hughes’ integrated portfolio can help de-risk and deliver the technology and solutions required to provide reliable, affordable and clean energy,” said Baker Hughes Chairman and CEO Lorenzo Simonelli. “Today’s announcement celebrates the commercial architecture the industry has been missing: a repeatable, financeable model that can be deployed at the speed and scale to meet global energy demands.”
“By aligning development capital, project finance expertise, and world-class technology, this collaboration addresses the fundamental challenges that have prevented large amounts of private capital from participating in geothermal deployment,” said Tim Rebhorn, Managing Partner, EnCap Energy Transition. “Together, we are creating a scalable model capable of delivering clean, firm power to the markets that need it most.”
“Integrating Baker Hughes’ subsurface-to-surface expertise with our capabilities in project development, finance, and execution positions Mantle Reach Power to commercialize geothermal assets at scale,” said Nick Karambelas, CEO of Mantle Reach Power. “This structure provides the construction and operating certainty necessary to access conventional project financing and accelerate our growth as an independent power producer.”
About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.
About EnCap Investments
Since 1988, EnCap Investments has been a leading provider of growth capital to the independent sector of the U.S. energy industry. The firm has raised 25 institutional investment funds totaling approximately $47 billion and currently manages capital on behalf of more than 350 U.S. and international investors. Founded in 2019, the EnCap Energy Transition platform is led by three Managing Partners, each with 30-35 years of experience in the development and operations of renewables and power generation. For more information, see encapinvestments.com.
About Mantle Reach Power
Mantle Reach Power is an independent power producer that develops, owns, and operates geothermal power projects across North America. The company is advancing a scalable, financeable portfolio to deliver clean, firm power to the grid. Mantle Reach Power is a portfolio company of EnCap Energy Transition Fund III.
Key Takeaways Baker Hughes secured a lifecycle services contract for Nigeria's ANOH Gas Processing Plant.The agreement covers maintenance, engineering support & iCenter digital solutions for critical turbomachinery.Baker Hughes will deploy remote monitoring technology to improve reliability and reduce operational downtime. Baker Hughes Company (BKR - Free Report) secured a long-term service agreement from ANOH Gas Processing Company (“AGPC”) to provide comprehensive lifecycle and digital services for the ANOH Gas Processing Plant in Nigeria, strengthening its revenue stream and expanding its presence in Africa's natural gas market. The contract covers maintenance, repairs, engineering support and the deployment of Baker Hughes' iCenter digital solutions for critical turbomachinery equipment, including two NovaLT16 gas turbines previously supplied by the company.
The agreement builds on Baker Hughes' longstanding relationship with AGPC. In 2019, BKR supplied an integrated power island solution for the ANOH facility, including compressors, gears and two NovaLT 16 gas turbines, which were the first to be deployed in Sub-Saharan Africa. By securing equipment and long-term service contracts, BKR is able to strengthen its business model by generating additional cash flows while deepening customer relationships over the lives of its assets.
A key component of the contract is the deployment of Baker Hughes' iCenter digital platform powered by Cordant, which provides remote monitoring and diagnostics capabilities. These digital solutions are expected to improve equipment reliability, optimize plant performance and reduce operational downtime, enhancing the value of BKR’s industrial and energy technology portfolio.
The award also strengthens Baker Hughes' strategic position in Nigeria, where natural gas development remains a national priority. The ANOH Gas Processing Plant is critical part of Nigeria's efforts to expand domestic gas supply, support power generation and encourage a transition toward cleaner-burning fuels. Services will be delivered through BKR’s Port Harcourt service center, reinforcing its local presence and regional expertise.
This award boosts Baker Hughes’ cash flow and exposure to natural gas infrastructure. The agreement not only solidifies BKR’s customer base and earnings visibility but also enhances investor appeal by highlighting strong demand for its digital solutions.
Baker Hughes currently carries a Zacks Rank #3 (Hold).
The business models of BKR and other players providing oilfield services to upstream companies are closely linked to the capital spending of upstream players. With West Texas Intermediate (“WTI”) crude prices trading above the $70-per-barrel mark and Brent prices trading above the $75-per-barrel mark, according to oilprice.com, players like Vista Energy, S.A.B. de C.V. (VIST - Free Report) , YPF Sociedad Anónima (YPF - Free Report) and W&T Offshore, Inc. (WTI - Free Report) , which have a presence in upstream operations, are benefiting from elevated crude prices. WTI and VIST currently carry a Zacks Rank #2 (Buy), whereas YPF sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Vista operates 205,600 acres within Argentina's Vaca Muerta formation, one of the world's premier shale basins. Supported by this massive footprint, VIST expects its production to reach 200 thousand barrels of oil equivalent per day by 2030.
Argentina’s integrated energy company YPF has an extensive footprint in the Vaca Muerta formation to fuel production growth. YPF anticipates increased spending and activity in the coming quarters to bolster oil and gas production in the second half of 2026.
W&T Offshore’s robust offshore footprint in the Gulf of America spans approximately 605,000 acres and supports a large reserve base. WTI's 1P and 2P reserves provide 20 years of production potential and resource longevity.
Vancouver, BC, June 23, 2026 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSXV: ROCK) (OTCQB: TRDTF) (Frankfurt: 6BP0) (“Trident” or the “Company”) is pleased to announce inaugural assay results from eleven diamond drill holes completed during the 2026 winter drill program at the Preview South West Deposit, part of the Company's Contact Lake Gold Project in northern Saskatchewan. Preview Southwest is a cornerstone asset and target area within Trident's emerging district-scale exploration strategy in the La Ronge Gold Belt, one of Canada's up and coming premier mining jurisdictions. Together with the Contact Lake Deposit and several additional prospective target areas within a defined structural corridor, Preview Southwest forms part of a growing regional portfolio of deposits and targets that demonstrate the potential for significant resource expansion and new discoveries.
The results reported today highlight the opportunity to further define and expand mineralization at Preview Southwest while advancing Trident's broader objective of building a substantial gold camp within the La Ronge Gold Belt. These initial results reinforce management's confidence in the growth potential of both the Preview Southwest Deposit and the Company's other key assets within the broader regional land package, including the Preview North, North Lake, and Greywacke gold deposits.
Contact Lake Gold Property Map:
http://www.tridentresourcescorp.com/_resources/maps/contact-lake-property-map.jpg
Highlights:
Hole PR26004 returned 1.32 g/t gold (Au) over 132.0m from 22.00m including 2.85 g/t Au over 40.32m from 22.00m including 101.00 g/t Au over 1.00m from 37.00m Hole PR26006 returned 1.53 g/t Au over 51.00m from 275.00m including 2.75 g/t Au over 24.72m from 284.88m Hole PR26007 returned 1.08 g/t Au over 77.59m from 120.91m The Preview Trend represents a string of mineralized bodies within a localized trend, with mineralization located close to surface; the Company intends to test the potential for additional mineralization along strike The summer 2026 drill program has recently commenced and will continue into the fall with an anticipated +20,000m of additional drilling “The Preview Southwest results announced today represent the first holes drilled by Trident at the target area and mark a pivotal milestone in our pursuit to unlock the full value of the La Ronge Gold Belt,” stated Jonathan Wiesblatt, CEO of Trident Resources. “Preview is not just an exploration target; it is one of several cornerstone assets in a district-scale structural play that we believe has the potential to expand our existing mineral resource base. The continuity and consistency we are seeing at Preview SW, combined with the clear geological link to the high-grade Contact Lake mineralizing system, reinforces our conviction that there is substantial high-value resource growth ahead across our property package. Building on very successful fall 2025 and winter 2026 drill campaigns, we have launched a +20,000 metre summer drilling program at the Contact Lake Gold Project, with a primary focus on expanding the Contact Lake deposit while also growing the Preview SW deposit. With approximately $26 million in cash on our balance sheet, Trident is well funded to execute aggressively on this program and to continue converting our exploration success into high-value gold ounces for our shareholders.”
Summary of Drilling:
The Preview Trend spans over 7.0km and hosts the Preview SW and Preview North deposits in addition to five other distinct gold-bearing zones. Preview SW and Preview North host current Mineral Resource Estimates that together contain over 350,000 oz Au in the Indicated category and 540,000 oz Au in the Inferred category (see Trident news release November 24, 2025). The Preview SW deposit is located 2.5km SE of the Contact Lake deposit and past producing mine within in a parallel shear zone. Though currently being advanced as a lower-grade, bulk-tonnage deposit, high-grade mineralization has been encountered historically in drilling, with previous operators reporting 633.61 g/t Au over 4.08m, including 1,123.25 g/t Au over 2.30m including 4279.00 g/t Au over 0.6m (Comstock Resources news release March 4, 2013)*.
*The drill results reported above are historical in nature and were completed by previous operators on the property. A Qualified Person (QP) has not completed sufficient work to verify these historical drilling results, as the original core, assay certificates, split samples, and quality assurance/quality control (QA/QC) protocols from these programs are either partially unavailable or have not yet been fully audited. Accordingly, these historical results are unverified and should not be relied upon.
Mineralization along the Preview Trend is interpreted to be directly related to the mineralizing system at the nearby Contact Lake deposit, reinforcing the Company’s view that the entire La Ronge Gold Belt corridor represents a cohesive, district-scale structural play with substantial high-value gold ounce growth potential.
Trident’s inaugural drill program at Preview SW was a follow-up to the current MRE that was completed in November 2025. (Trident Resources Corp. - News)
Table 1: Mineral Resource Estimate
Class.DepositIn Situ Tonnage and GradeAu MetalTonnageAu(ktonnes)(gpt)(kOz)IndicatedNorth Lake16,4100.89469.7Preview SW6,3691.537314.7Preview North9331.35940.8Greywacke1,0212.17471.4Total24,7331.127896.5InferredNorth Lake20,6660.724481.3Preview SW14,8311.115531.9Preview North3660.6287.4Greywacke2,7321.242109.1Total38,5950.911,129.60 Notes to the Resource Estimate Tables:
The Mineral Resource Estimates was completed by Sue Bird, P.Eng., with an effective date of November 6, 2025.The Mineral Resource Estimate for all four deposits have been confined by an open pit with “reasonable prospects of eventual economic extraction” using the following assumptions: Metal price of US$2,600/oz Au;Payable metal of 99% for Au;Offsite costs (TC/RC/Transport) for Au of US$5.80/oz;Pit slopes are 45 degrees;Mining cost of mineralized material of CDN$2.56/t and CDN$2.40/t for waste, and;Processing costs of CDN$15.60/t with G&A costs of CDN$7.20/t. Metallurgical recoveries are 90% for all deposits.Forex = 0.72 $US:$CDNThe NSR equation is: NSR (CDN$/t) = (Au*90%*CDN$114.68/g)The specific gravity for each deposit and lithologies or domains ranges from 2.40 to 2.91.Numbers may not add due to rounding. The winter drill phase at Preview comprised 3,142.0m in eleven holes. Eight of the holes were collared at the Preview SW deposit and three were drilled at Preview Zone C, an under-explored area that is located 1.5km NE of Preview SW and 600m SW of Preview North. Drilling at Zone C confirmed that significant gold mineralization is present along the entire Preview Trend. The eight drill holes at Preview SW were designed to both infill and expand the current pit-constrained resource area. Drilling confirmed that material gold mineralization is present below and along the margins of the currently defined limits of the deposit, which remains open for expansion in all directions.
Gold mineralization is structurally controlled in quartz veins within or on the margin of sheared diorite sills, which extend 5.2km along the trend. Both Preview SW and Preview North are comprised of multiple sub-parallel shear structures that bifurcate and merge along their length and are persistent at depth.
The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced approx. 190,000 ounces of gold at an average head grade of 6.16 g/t Au during active mining operations between 1994 to 1998. At the time of mine closure, the price of gold hovered around USD $300/oz and Cameco Corporation reported that substantial gold resources were left unmined. Situated in the highly prospective La Ronge Gold Belt of Saskatchewan, the Contact Lake Property also hosts the Preview SW, Preview North and the North Lake orogenic gold deposits.
Along with the Greywacke North deposit (located by road 40km northeast of Contact Lake), these four deposits are wholly-owned by Trident Resources and together comprise a current Mineral Resource of more than 2.0 million ounces of gold. These estimates are supported by Mineral Resource Estimates (Trident news release November 24, 2025) which do not include any gold-related ounces from the past-producing Contact Lake target area. Trident believes that significant additional high-value resource growth opportunities exist across all of its assets, and that the Contact Lake Gold Project as a whole — anchored by Contact Lake and advanced by Preview — represents one of the most compelling development opportunities in the La Ronge Gold Belt.
Quality Assurance and Quality Control:
All drill core is logged, photographed and cut in half with a diamond saw. Half of the core is placed in sealed poly bags with unique identification numbers and transported to ALS Global in Saskatoon, Saskatchewan for analysis, while the other half is archived and stored on site for verification and reference purposes.
At the lab, samples are received and digitally recorded then dried and pulverized into a fine powder. Gold is assayed using a 30g fire assay method and 49 additional elements are analyzed by Inductively Coupled Plasma (ICP) utilizing a 4-acid digestion. Secondary metallic screen analyses are performed on select mineralized zones and all samples that return >3 g/t Au to quantify the nugget effect of the gold mineralization. Quality Assurance and Quality Control (QAQC) samples including field blanks, duplicates and lab-certified standards are inserted in the sample stream at a rate of greater than 10% of all samples submitted to the lab. ALS Global also conducts their own internal QAQC protocol.
Table 1: Drill Hole Assay Highlights at Preview Trend
Hole IDFrom (m)To (m)Width (m)Au Grade (g/t)PR2600156.0058.002.004.33PR2600225.5036.0010.502.17and63.0072.309.300.85and114.75131.0016.250.73PR26003no significant assay intervals to reportPR2600422.00154.00132.001.32including22.0062.3240.322.85including37.0038.001.00101.00including95.38154.0058.621.01PR2600524.00114.0090.000.31including24.0037.0013.000.69including65.4786.5021.030.33including107.40114.006.601.54PR26006161.00326.00165.000.96including161.00232.0071.001.09including275.00326.0051.001.53including180.50202.0021.502.52including284.88309.6024.722.75PR26007120.91198.5077.591.08including120.91221.00100.090.95including120.91269.00148.090.75PR26008119.00158.0039.001.17including142.00152.5010.502.99including152.00152.500.5030.10and194.50218.0023.500.79including194.50203.008.501.77PR26009160.50234.5074.000.55including160.50194.0033.500.83PR26010315.50350.0034.500.72including345.50348.503.003.95PR2601179.00117.0038.001.14including79.0094.0015.002.48 * Widths are drilled intercepts, true widths have not been determined. Gold values are length-weighted averages.
Table 2: Drill Hole ID at Preview Trend
Hole IDEastingNorthingAzimuthDipDepth (m)Elev. (m)PR260015108956140557130-45317405PR260025109066140600130-45302405PR260035108386140546130-45302405PR260045099776139192110-45239394PR260055100466139220110-44164396PR260065098936139307110-48353397PR26007509907613937697-46341391PR260085099076139376110-47338392PR260095099566139439110-58236393PR260105099466139549110-48365398PR260115102116139686110-45185386 * UTM Zone 13 NAD 83
Qualified Person:
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Cornell McDowell, P.Geo., VP Exploration for Trident Resources and the Qualified Person for Trident as defined by NI 43-101.
About Trident Resources Corp.
Trident Resources Corp. is a Canadian, public mineral exploration company listed on the TSX Venture Exchange focused on the acquisition and development of advanced-stage gold exploration projects in Saskatchewan, Canada. The Company is drilling at its 100% owned Contact Lake and Greywacke Lake projects, which together host a current mineral resource of more than 2.0 million ounces of gold within the highly prospective La Ronge Gold Belt. The Company also holds the 100% owned Knife Lake copper project which contains a historical copper resource.
To find out more about Trident Resources Corp. (TSX-V: ROCK) visit the Company’s website at www.tridentresourcescorp.com.
TRIDENT RESOURCES CORP.
“Jon Wiesblatt”
Jonathan Wiesblatt
CEO and Director
For further information, please contact:
Jonathan Wiesblatt, Chief Executive Officer
Email: [email protected]
Or:
Andrew J. Ramcharan, PhD, P.Eng., SVP Corporate Communications
Email: [email protected]
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Forward-Looking Information
This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, completing ongoing and planned work on its projects including drilling and the expected timing of such work programs, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of uranium, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to obtain or maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of uranium and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.
Jabil is downgraded to hold as valuation has rerated to ~23x NTM PE, near its 10-year high. AI-driven revenue growth remains robust, with management guiding for ~$13.6B in FY2026 AI revenue, up 50% year-over-year. JBL's third hyperscaler win and expanded capacity underpin a credible path to >6% operating margin in FY2027.
Key Takeaways Celestica is benefiting from AI, cloud and networking demand, including 800G and 400G switches.JBL is expanding AI data center manufacturing and seeing strength across key end markets.SANM cites AI infrastructure wins, growing bookings and a pipeline extending into 2027-2028. The electronics manufacturing services (EMS) space has been benefiting from astonishing investment in artificial intelligence (AI) and cloud infrastructure, the growing transition to connected and electric vehicles and AI-led medical devices.
The Zacks defined Electronics - Manufacturing Services industry is currently in the top 25% of the Zacks Industry Rank. Since the industry is ranked in the top half of the Zacks Ranked Industries, we expect it to outperform the market over the next three to six months.
The EMS industry players provide design, engineering and manufacturing services to electronics original equipment manufacturers (OEMs). Here we recommend three global EMS leaders, namely Celestica Inc. (CLS - Free Report) , Jabil Inc. (JBL - Free Report) and Sanmina Corp. (SANM - Free Report) , that are strategically positioned in the EMS landscape and have the ability to cater to the evolving AI demands of business enterprises.
The three stocks are flying high on Wall Street year to date. Despite this stiff northward journey, they still have more fireworks in store for the rest of 2026. Each of our picks carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The chart below shows the price performance of our three picks year to date.
Image Source: Zacks Investment Research
Celestica Inc.Celestica is one of the largest EMS companies in the world, serving OEMs, cloud-based and other service providers, and business enterprises across several industries. CLS’ focus on product diversification and increasing its presence in high-value markets is positive.
CLS’ strong research and development foundations allow it to produce high-volume electronic products and highly complex technology infrastructure products for a wide range of industries.
CLS is benefiting from healthy demand trends in the Connectivity & Cloud Solutions segment. The growth is primarily backed by CLS’ strength in Hyperscaler Portfolio Solutions networking business and optical programs, especially increasing demand for 800G and 400G network switches.
The growing proliferation of AI-based applications and generative AI tools is fueling solid AI investments across the technology ecosystem. This, in turn, is driving demand for CLS’ enterprise-level data communications and information processing infrastructure products, such as routers, switches, data center interconnects, edge solutions and servers and storage-related products. To further capitalize on this trend, Celestica is steadily expanding its offerings through innovation and strategic collaboration.
Solid Estimate RevisionsCelestica has an expected revenue and earnings growth rate of 53.8% and 67.9%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 13.6% in the last 60 days. It has a long-term (3 to 5 years) growth rate of 45.3%, significantly higher than the S&P 500 Index’s current growth rate of 17.6%.
Image Source: Zacks Investment Research
Image Source: Zacks Investment Research
Jabil Inc. Jabil is one of the largest global suppliers of EMS solutions. JBL offers electronics design, production, product management and after-market services to customers in more than a dozen industry verticals.
JBL has been benefiting immensely from healthy momentum in capital equipment, AI-powered data center infrastructure, cloud, and digital commerce business verticals. Its focus on end-market and product diversification is a key catalyst.
JBL’s focus on end-market and product diversification is a key catalyst. JBL’s top-line is expected to benefit from strength in AI data center infrastructure, capital equipment and warehouse automation markets.
JBL is set to invest heavily over the next several years to expand its manufacturing capabilities for the AI data center vertical. This will significantly boost the company’s position in the AI hardware supply chain.
JBL’s unmatched end-market experience, technical and design capabilities, manufacturing know-how, supply-chain insights and global product management expertise have put it in good standing.
Massive application of generative AI is set to drastically increase the efficiency of JBL’s automated optical inspection machines for the automation industry. A large-scale portfolio of business sectors offers JBL a high degree of resiliency during times of macroeconomic and geopolitical disruption.
An extensive global footprint is further strengthened by a centralized procurement process, which, coupled with a single Enterprise Resource Planning system, aids customers with end-to-end supply-chain visibility. A worldwide connected factory network enables JBL to scale up production per the evolving market dynamics.
Jabil is expected to gain from the rapid adoption of 5G wireless and cloud computing in the long run. The company is benefiting from solid demand in key end markets together with excellent operational execution and skillful management of supply-chain dynamics.
Solid Estimate RevisionsJabil has an expected revenue and earnings growth rate of 14.2% and 27.7%, respectively, for the current year (ending August 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 0.8% in the last seven days. It has a long-term growth rate of 28.5%, well above the S&P 500 Index’s current growth rate of 17.6%.
Image Source: Zacks Investment Research
Image Source: Zacks Investment Research
Sanmina Corp.Sanmina focuses on engineering and fabricating complex components and on providing complete end-to-end supply chain solutions to Original Equipment Manufacturers across various end markets, including industrial, medical, defense and aerospace, automotive, communications and cloud infrastructure.
SANM’s diverse portfolio and end-to-end product lifecycle management allow customers to rely on a single partner and reduce complexity in operations. Strategic expansion into high-growth industries backed by its strong global network and deep expertise in advanced electronics manufacturing, acts as a tailwind.
SANM aims to strengthen technology leadership by working closely with customers on future manufacturing requirements and aligning its engineering and software investments to those needs. SANM’s 42Q connected manufacturing platform is designed to integrate data across factories and suppliers, creating a more current operational view that can shorten decision cycles and improve visibility across distributed manufacturing.
SANM is also using the ZT Systems integration to expand its addressable market beyond full systems builds by layering in Sanmina capabilities such as sub-assemblies and related CPS technologies over time. In communications networks and cloud and AI infrastructure, the company is witnessing program activity, with management noting continued bookings and new program wins and pointing to a pipeline that extends into 2027 and 2028.
Solid Estimate RevisionsSanmina has an expected revenue and earnings growth rate of 75.5% and 85.8%, respectively, for the current year (ending September 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 10.1% in the last 60 days. It has a long-term growth rate of 27.8%, well above the S&P 500 Index’s current growth rate of 17.6%.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Jabil (JBL - Free Report) Headquartered in St. Petersburg, FL, Jabil, Inc. is one of the largest global suppliers of electronic manufacturing services. The company offers electronics design, production, product management and after-market services to customers in the aerospace, automotive, computing, consumer, defense, industrial, instrumentation, medical, networking, peripherals, storage and telecommunications industries.
JBL is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 30.31; value investors should take notice.
For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.15 to $12.45 per share. JBL boasts an average earnings surprise of +5.9%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, JBL should be on investors' short list.
Jabil NYSE: JBL is perfectly positioned for the AI supercycle, and its stock price looks poised to continue rising for years. The thesis begins with Jabil’s position as a manufacturing specialist for mega tech companies. It designs, builds, and manages complex hardware manufacturing supply chains across industries, providing infrastructure, engineering, and logistics. The thesis is strengthened by catalysts such as AI, U.S. expansion, client utility, and the AI virtuous cycle.
Jabil Today
$382.10 +9.11 (+2.44%)
As of 11:42 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$189.60▼
$428.93Dividend Yield0.08%
P/E Ratio47.74
Price Target$453.67
The AI boom drives demand for servers, photonics, and liquid-cooling systems today, and for products from infrastructure to IoT-connected devices long into the future.
Get Jabil alerts:
Client utility is evident in its services and footprint, which includes more than 100 facilities in over 25 countries, enabling highly localized and resilient supply chain solutions.
Finally, there is the AI virtuous cycle. A virtuous cycle is when the output of new technology leads to improvements throughout the system and technological advancement.
As it stands, Jabil is implementing AI and automation throughout its operations, increasing efficiency and capabilities and advancing technology.
Jabil Sends Signal: Outperformance in Q1 and Robust GuidanceJabil had a solid fiscal Q3, with revenue growing nearly 12% to $8.8 billion, topping consensus estimates of $8.61 billion.
Growth was underpinned by datacenter and AI strength, which management says improved meaningfully, as well as by improvements in other previously underperforming segments, such as Automotive and Connected Living.
Margin news was also bullish. The company widened gross and net margins despite input cost pressures and increased R&D. Net margin rose to 3.1% and adjusted earnings per share (EPS) came in at $3.16, up 24% from last year and 6 cents better than expected. Free cash flow was also solid, up abour 22% year-to-date (YTD) and sufficient to support aggressive share repurchases.
The best news in the fiscal Q3 release was the guifdance, which indicated that strength would persist into the subsequent fiscal year. Executives set aggressive targets for fiscal Q4, well above the consensus, and lifted their forecast for the year. As it stands, revenue is forecast at $35 billion, up more than 15% year-over-year and 200 bps above MarketBeat’s reported consensus, with execs “feeling good” about the setup for next year.
Jabil’s Capital Return Keeps Institutions and Analysts InterestedJabil’s free cash flow is a significant factor as it enables aggressive share buybacks. The company targets using 80% of free cash flow for buybacks, which has amounted to over $800 million so far during its fiscal year, The trailing 12-month (TTM) activity reduced the count by 2.55% on average for the quarter and 3.85% for the YTD period, providing significant leverage for investors.
The only downside is that aggressive buyback activity is reflected on the balance sheet, revealing diminished cash and reduced equity at Q3’s end. The offset, however, is that investments, contract assets, and receivables all increased, indicating Q3’s cash reduction is no problem for shareholders.
Jabil’s analyst trends reveal a triple-strength sentiment tailwind is in place, including increased coverage, firming sentiment with an 82% Buy-side bias, and an uptrend in price targets. While consensus lags the market as of mid-June 2026, it is up more than 100% on a TTM basis, with recent targets pushing the high end. It stands at around $430, implying a more than 15% upside.
Institutional activity is likewise bullish. They own more than 90% of the stock and have been accumulating shares. The TTM balance is approximately $ 1.50 to $1 and may strengthen as the fiscal year-end approaches.
Jabil Pulls Back: Buy the Dip?Jabil’s stock price action surged ahead of the release, indicating an optimistic market anticipating strength. The caveat is that JBL’s price action peaked and may continue to pull back in June. Expected strength amounts to a sell-the-news event, and it will be several more weeks until Jabil’s leading clients begin reporting.
The likely outcome is that subsequent reports from Jabil and its clientele will affirm the robust outlook and trigger a trend-following signal in this market. Support targets include $370 and $355, either of which may trigger the signal.
Jabil’s biggest risk this year is its valuation. Trading at over 30x, JBL is at historically high levels, pricing in solid growth. This leaves the company open to executional risk as production ramps up and to stock price volatility. Any delays, missteps, or changes to fundamental outlook will be reflected in the stock's price. Additionally, a sluggish recovery in legacy markets may offset AI strengths.
Should You Invest $1,000 in Jabil Right Now?Before you consider Jabil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jabil wasn't on the list.
While Jabil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Let's take a look at what these Wall Street heavyweights have to say about Datadog (DDOG - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Datadog currently has an average brokerage recommendation (ABR) of 1.24, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 45 brokerage firms. An ABR of 1.24 approximates between Strong Buy and Buy.
Of the 45 recommendations that derive the current ABR, 39 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 86.7% and 6.7% of all recommendations.
Brokerage Recommendation Trends for DDOG
Check price target & stock forecast for Datadog here>>>
The ABR suggests buying Datadog, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Should You Invest in DDOG?Looking at the earnings estimate revisions for Datadog, the Zacks Consensus Estimate for the current year has increased 1.5% over the past month to $2.39.
Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Datadog. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Therefore, the Buy-equivalent ABR for Datadog may serve as a useful guide for investors.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +24% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corporation is a leading professional services company. The company was spun off from Dun & Bradstreet in 1996 and went public in 1998.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 7.18; value investors should take notice.
Seven analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.05 to $5.70 per share. CTSH boasts an average earnings surprise of +4.8%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, CTSH should be on investors' short list.
Key Takeaways Atlassian and Microsoft are competing in collaboration software as AI productivity adoption rises.TEAM has outpaced MSFT over three months, helped by cloud growth and stronger enterprise demand.Microsoft offers scale and profitability, but Atlassian holds advantages in growth and valuation. Atlassian (TEAM - Free Report) and Microsoft (MSFT - Free Report) are two prominent players in the collaboration software market, helping organizations improve productivity, communication and workflow management. Atlassian is best known for Jira and Confluence, widely used by software developers and project teams. At the same time, Microsoft offers a broad productivity ecosystem that includes Teams, Microsoft 365 and other enterprise collaboration tools.
The two companies share a common focus on enabling workplace collaboration, making them natural rivals or peers for comparison. As organizations continue investing in digital transformation and AI-driven productivity solutions, both companies are expanding the scope of their platforms by incorporating new automation and artificial intelligence capabilities.
Comparing Atlassian and Microsoft offers insight into two distinct approaches to the collaboration software market — Atlassian as a focused workflow and project-management specialist, and Microsoft as a diversified technology leader with an integrated productivity ecosystem. For investors looking to capitalize on the increasing adoption of workplace collaboration and AI-powered productivity solutions, the question becomes: Which stock offers the better investment opportunity? Let's find out.
The Case for TEAMAtlassian remains one of the strongest workplace collaboration and productivity software companies, benefiting from its broad platform spanning Jira, Confluence, Loom, Jira Service Management and AI-powered Rovo. The company’s key strength lies in its “System of Work” strategy, which connects work, knowledge, people and code through its Teamwork Graph, creating a unified collaboration platform that becomes more valuable as customers adopt additional products. Enterprise adoption remains strong, with large organizations such as Siemens Energy, BBC, Rheinmetall and Wayfair expanding their commitments. Service Collection, which includes Jira Service Management, Assets and Rovo, surpassed $1 billion in ARR and is growing more than 30% year over year, reflecting increasing demand for AI-powered service management solutions.
Growth opportunities are being driven by AI monetization, enterprise expansion and cross-selling. Rovo users are growing ARR at roughly twice the rate of non-Rovo customers, while AI credit usage continues to rise more than 20% month over month. Teamwork Collection customers also use about two times more AI credits and agents than comparable standalone customers. Atlassian recently expanded AI capabilities through Agent Orchestration in Jira, Rovo Dev, Rovo Service and deeper Google Cloud Gemini integration, enabling enterprises to deploy AI agents across workflows while maintaining governance and visibility.
Financial performance has been impressive. In third-quarter fiscal 2026, revenues surged 32% year over year and cloud revenues increased 29%. Remaining performance obligations (RPO) climbed 37% to nearly $4 billion, reflecting strong future demand. Non-GAAP operating margin expanding to 34%, while free cash flow reached $561 million.
Although Atlassian has continued to achieve strong revenue growth, it remains unprofitable on a GAAP basis and has recently undertaken workforce reductions and restructuring measures to fund investments in AI and enterprise sales. The company also faces risks related to integrating recent acquisitions, cybersecurity threats and potential weakness in enterprise IT spending amid economic uncertainty.
The Case for MSFTMicrosoft has established itself as a collaboration software powerhouse, combining Teams, Microsoft 365, Dynamics 365 and Copilot into a unified productivity platform. The company benefits from a deeply integrated platform that combines communication, productivity, workflow automation and AI, creating high switching costs and broad enterprise adoption.
A key growth opportunity is the rapid adoption of AI-powered collaboration. Microsoft’s AI business surpassed a $37 billion annual revenue run rate, growing 123% year over year. The company continues to embed Copilot across Teams, Outlook, Word, Excel and Dynamics, helping customers automate workflows, create content and improve productivity. Microsoft also benefits from its strategic relationship with OpenAI, which accelerates innovation and strengthens its AI-driven collaboration offerings. Recent acquisitions, including Activision and prior enterprise software deals, further enhance ecosystem engagement and cross-selling opportunities.
In third-quarter fiscal 2026, Microsoft’s reported revenues rose 18% year over year, while operating income increased 20%. Productivity and Business Processes revenues, which include Microsoft 365, Teams and Dynamics, rose 17% to $35 billion. Microsoft 365 Commercial cloud revenues increased 19% year over year, Microsoft 365 Consumer cloud revenues grew 33% and Dynamics 365 revenues increased 22%.
Recent June 2026 developments highlight continued momentum. Microsoft expanded Microsoft 365 Copilot capabilities with a redesigned interface, enhanced notebooks, new AI agents and broader integration across productivity applications. The company also announced new Microsoft 365 Business with Copilot offerings and showcased additional AI innovations at Build 2026, reinforcing its leadership in enterprise collaboration and workflow automation.
Challenges include intense competition from Atlassian, Google Workspace, Zoom and Salesforce; rising AI infrastructure spending; regulatory scrutiny; and execution risks in monetizing AI investments. Microsoft invested heavily in data centers and cloud infrastructure, with capital expenditures exceeding $30 billion in the quarter.
Share Price Performance of TEAM & MSFTIn the past three months, TEAM shares have gained 17% against MSFT’s 1.4% decline. Atlassian’s outperformance is backed by faster growth in its collaboration and workflow-management platform, supported by robust cloud revenue expansion, rising enterprise commitments and strong AI adoption.
TEAM Outperforms MSFT
Image Source: Zacks Investment Research
Valuation ComparisonTEAM is currently valued at 2.78X forward 12-month price-to-sales (P/S), compared with 7.17X for Microsoft, suggesting a lower valuation multiple. TEAM’s cheaper valuation indicates strong upside potential if growth remains intact.
TEAM vs. MSFT : Forward 12-Month P/S Valuation
Image Source: Zacks Investment Research
How Do Estimates Compare for TEAM & MSFT?Atlassian is currently witnessing an uptrend in estimate revisions. Earnings estimates for fiscal 2026 have increased 17.09% to $5.48 per share over the past 60 days, while the same for fiscal 2027 has gone up 13.67% to $6.07.
TEAM Estimate Revision Trend
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for MSFT’s fiscal 2026 and 2027 earnings is pegged at $17.33 and $19.28 per share, respectively. The estimates remain in the low single-digit range of 1.11% and 2.61% over the past 60 days.
MSFT Estimate Revision Trend
Image Source: Zacks Investment Research
ConclusionBoth companies are well-positioned to benefit from the rising demand for collaboration software and AI-powered productivity tools. Microsoft remains the safer choice due to its unmatched scale, profitability and leadership in enterprise AI. However, Atlassian currently has the advantage in several key areas, including revenue growth, cloud momentum, earnings estimate revisions, recent stock performance and valuation. For investors seeking higher upside potential in the collaboration software space, TEAM looks like the more compelling bet at current levels.
Currently, TEAM sports a Zacks Rank #1 (Strong Buy), while MSFT carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.
Innovative Solution Reduces Ad Repetition, Improves Personalization
Across Both VOD and Live Sports & Entertainment
Announcement continues Omnicom Media's Cannes News Blitz Revealing First-Mover Collaborations That Connect Brand Content to Platform Programming, Viewing Experiences and Consumer Expectations
, /PRNewswire/ -- Omnicom Media, an Omnicom (NYSE: OMC) Connected Capability, and Disney Advertising are collaborating on a new CTV advertising solution - powered by Innovid, and enabled by Omnicom - that can trigger dynamic delivery of new advertising content in both video on demand and live sports & entertainment experiences that both reduces ad repetition and improves personalization.
Through this collaboration, Omnicom Media and Disney Advertising are meeting consumer expectations by enabling smarter frequency management and sequential storytelling that delivers the right message at the right moment and stronger outcomes for marketers.
The solution grew out of findings from two recent studies from Omnicom Media Intelligence. With "Why Frequency Matters: Combating Negative Reach," OM revealed that while overexposure to the same ad created "negative reach" – the point at which repeated impressions frustrate consumers and damage brand perception, consumers did not have an issue with seeing ads from the same brand with different creative executions. These findings were further validated in its latest report - "Connected Content" – in which OM examined consumer sentiment around the state of advertising and explored what drives engagement across content and delivery experiences. When asked how they would improve advertising, approximately half of all respondents cited "less repetition" as a primary way that advertising needs to improve.
"Omnicom Media and Disney Advertising are helping brands get better outcomes from their investment in premium streaming content and live sports & entertainment," said Omnicom Media Chief Product Officer Megan Pagliuca. "Instead of the risk of consumers seeing the same message over and over, advertisers can now move beyond the repetitive cycle with dynamic delivery of sequential storytelling that advances the customer journey."
How It Works
By understanding audience exposure by session, advertisers can deliver a sequence of complementary creative messages — across 15-, 30-, and 60-second formats — that build on one another to guide consumers through a brand story, product narrative, or customer journey. The result is a more relevant advertising experience that preserves the benefits of frequency while reducing the fatigue and frustration often associated with seeing the same ad creative repeatedly.
By combining Disney's premium content, engaged audiences and proprietary Audience Graph with Omnicom's Acxiom identity solution and Innovid's creative sequencing technology, this collaboration works to deliver a more sophisticated approach to storytelling, with advanced measurement built in.
In addition, for video on demand activations, Disney Advertising is using artificial intelligence and machine learning to analyze the content of programming, allowing marketers to initiate brand messaging with contextual relevance.
Using Omnicom's Omni Video Content measurement tool, advertisers can understand how sequential storytelling influences engagement, reach, frequency, and business results.
The collaboration underscores the growing industry focus on balancing advertising effectiveness with viewer experience as streaming platforms mature and advertisers look for more advanced ways to manage exposure, creative sequencing, and engagement across connected TV environments.
"As streaming technology continues to advance, brands have new opportunities to tell stories that evolve with each impression," said Jamie Power, SVP, Addressable Sales, Disney Advertising. "Rather than delivering the same message repeatedly, advertisers can use each exposure to build on a narrative, introduce new ideas, and deepen consumer engagement. That's a fundamentally more powerful approach to storytelling and one that creates more value for both consumers and marketers."
The capability is currently live in the US, with EU launching late in 2026 and LATAM following.
CONTACT: [email protected]
ABOUT OMNICOM MEDIA
Omnicom Media, an Omnicom (NYSE: OMC) Connected Capability, is the world's largest global media management network. Powered by the Omni Intelligence Platform, Omnicom Media agencies leverage $75.6 billion in billings, 40,000+ specialists across 70+ markets, and the industry's most powerful portfolio identity, commerce, and intelligence assets to design dynamic Growth Ecosystems that enable the world's most ambitious businesses to grow faster and smarter. The Omnicom Media portfolio includes global media agency brands OMD, Initiative, PHD, UM, Hearts & Science, and Mediahub; core Omnicom Integrated Media offerings Acxiom, the world's premier identity solution, and the Flywheel digital commerce practice; and specialty services across the cloud consulting, creator, financial, healthcare, and sports & entertainment categories.
Key Takeaways Atlassian's Service Collection topped $1B in ARR and is growing more than 30% YoY.AI users resolve issues 13% faster and handle 20% more issues than non-AI users on the platform.Salesforce and ServiceNow are intensifying competition with AI-powered service platforms. Atlassian Corporation’s (TEAM - Free Report) Service Collection momentum continues to build, reinforcing the view that the business can remain a key driver of growth in the coming years. The offering surpassed $1 billion in annual recurring revenue (ARR) in the third quarter of fiscal 2026 and is growing more than 30% year over year, making it one of Atlassian’s fastest-growing businesses. Demand remains strong across enterprises, with more than 65,000 customers, including over half of the Fortune 500, relying on the platform for IT, HR, legal, finance and customer service workflows.
The business is benefiting from Atlassian’s expanding AI capabilities. Customers using Service Collection’s AI tools resolve issues 13% faster and handle 20% more issues than non-AI users, while the segment accounts for roughly half of all agentic automation runs across Atlassian’s platform. The integration of Rovo AI and the Teamwork Graph is further enhancing productivity and creating a powerful data flywheel that improves customer outcomes and platform stickiness.
Another encouraging trend is the expansion of Service Collection beyond traditional IT use cases. More than 60% of deployments now support non-IT functions, significantly increasing Atlassian’s addressable market. Recent investments in AI agent orchestration and Rovo-powered service automation further strengthen the platform’s long-term opportunity.
With strong ARR growth, rising enterprise adoption and continued market-share gains, Service Collection appears well-positioned to support Atlassian’s revenue growth in the years ahead. The Zacks Consensus Estimate for TEAM’s fiscal 2026 and 2027 revenues is pegged at $6.46 and $7.32 billion, respectively, indicating year-over-year growth of 23.95% and 13.29%.
Competition Mounts for Atlassian’s Service PlatformSalesforce (CRM - Free Report) is intensifying pressure on Atlassian’s service platform through its AI-powered Service Cloud and Agentforce ecosystem. CRM highlighted strong service adoption, growing AI-driven service deployments and advantages in deep customer data integration. While Atlassian benefits from developer-centric workflows, CRM offers broader customer engagement capabilities and larger enterprise relationships, creating a formidable challenge as organizations consolidate service and support operations.
ServiceNow (NOW - Free Report) is emerging as the most formidable competitor to Atlassian's service management momentum. NOW emphasized its ITSM leadership, AI-native platform, governance controls, workflow automation and vast enterprise context engine. Unlike Atlassian’s collaborative approach, NOW promotes an end-to-end operating system for IT and business workflows. As enterprises seek unified service management and AI orchestration, NOW continues to leverage scale, automation and platform depth to gain share.
TEAM’s Price Performance, Valuation & EstimatesYear to date, TEAM shares have declined 49.9%, substantially underperforming both the Zacks Computer & Technology sector's 14.9% gain and the Internet – Software industry's 16.2% fall.
TEAM’s Price Performance
Image Source: Zacks Investment Research
In terms of valuation, TEAM is trading at a premium, as indicated by its Value Score D. The stock currently trades at a Price-to-Book (P/B) ratio of 23.49x, significantly above the industry average of 4.27x.
TEAM’s Valuation
Image Source: Zacks Investment Research
TEAM's earnings outlook continues to strengthen. The Zacks Consensus Estimate for fiscal 2026 earnings is currently pegged at $5.48 per share, remaining stable over the past month while rising 16.3% in the last 60 days. The projected figure represents a substantial 48.91% increase from the prior year.
EPS Trend of TEAM Stock
Image Source: Zacks Investment Research
TEAM stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
BOSTON, June 23, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.1, today released its 2026 Mid-Year Review, highlighting a year shaped so far by resilient consumer demand as consumer preferences are pushing new milestones across key segments, from luxury SUVs selling faster than the new vehicle average to used hybrid prices hitting all-time highs.
“The first half of 2026 has been defined by demand holding especially strong at both ends of the price spectrum,” said Kevin Roberts, Director of Economic and Market Intelligence at CarGurus. “At one end, full-size luxury SUVs priced above $80,000 are clearing lots in under 30 days. At the other, almost half of the used cars sold this year were models over 7 years old, with high-mileage trucks priced around $20,000 seeing the largest gains. At the same time, used hybrid prices have hit an all-time high. Buyers have shown they’ll continue to adapt to a market that’s constantly finding new norms.”
Key themes from the report include:
$50,000 has become the norm for new vehicles: The average new car list price reached $50,900 this spring, up 3.3% since December. With the average hovering near this level since 2022, a lasting shift has likely taken hold. Inventory mix has flipped alongside pricing. In 2020, over half of new inventory was priced below $35,000. Today, there is more inventory above $50,000 than below $35,000.
Full-size SUVs signal strength at the higher end: In a market resetting around higher price points, full-size SUVs are one of the clearest indicators that demand at the top is healthy. These vehicles are turning about 16% faster year-over-year, at nearly 53 days vs. 65 days in 2025, and outpacing the national average for new vehicles. The Cadillac Escalade, averaging at about $122,000, and the Toyota Sequoia, averaging $84,000, are clearing lots in under 30 days.Drivers are holding onto their vehicles longer, reshaping used car expectations: The average vehicle on U.S. roads is now nearing teenage years. As the gap between average new and used prices has widened from roughly $13,000 in 2015 to $21,000 today, shoppers have become more willing to compromise higher age and mileage for more value. The share of sales for 7-year-old and older models has grown from 32% in 2020 to 40% today, and sales of vehicles with 60,000 to 150,000 miles are up 16%. The top-moving models in this category include the Ford F-150, Chevrolet Silverado 1500, and RAM 1500, averaging around $20,000 with more than 120,000 miles on the odometer.
Gas prices have shaped clean powertrain demand, pushing hybrids to new highs: Interest in clean powertrains climbed through May, up nearly 4 percentage points on new vehicles and 2 points on used, before starting to dip once gas prices eased in June. The reaction to rising gas prices has impacted used hybrids the most. Used hybrid sales are up nearly 34% year-to-date, with average list prices hitting an all-time high of $38,800, up about 11% so far this year. The Toyota Camry Hybrid, Honda CR-V Hybrid, Jeep Wrangler 4xe, and Toyota RAV4 Hybrid are leading sales growth. Used EVs are also gaining, with demand concentrated in the $25,000 to $31,000 range, led by the Hyundai Ioniq 5, Chevrolet Equinox EV, Tesla Model Y, Kia EV6, and Hyundai Ioniq 6. To learn more about these trends and more, the CarGurus 2026 Mid-Year Review is available here.
About CarGurus, Inc.
CarGurus (Nasdaq: CARG) is the leading multinational automotive platform helping consumers and dealers confidently buy and sell vehicles. Founded in 2006 with a mission to bring more trust and transparency to car shopping, CarGurus is the No. 1 visited automotive shopping site in the U.S.1 with the largest selection of inventory and network of dealers.2 CarGurus’ unmatched selection, trusted automotive insights, and data-driven products and solutions support each shopper’s journey — from online research and shopping to in-dealership decisions — to empower them at every step. And, by translating data from billions of monthly site interactions, CarGurus provides dealers a personalized, predictive intelligence platform with software solutions that helps them run their businesses more efficiently and profitably at all stages of inventory acquisition and pricing, marketing, and conversion to sale.
CarGurus operates online marketplaces in the U.S., U.K., and Canada. The company’s network of brands includes PistonHeads, the largest online motoring community in the U.K.3, and Autolist, a U.S.- based online marketplace.
To learn more about CarGurus, visit www.cargurus.com.
1 Similarweb: Traffic and Engagement Report (Cars.com, Autotrader.com, TrueCar.com, CARFAX.com Listings (defined as CARFAX.com Total Visits minus Vehicle History Reports)), Q1 2026, U.S.
2 Largest car shopping platform defined as most inventory and largest dealer network. Compared to Autotrader.com , Cars.com, TrueCar.com, and CARFAX (Joreca as of December 31, 2025).
3 Similarweb: Traffic Insights, Q1 2026, U.K.
CarGurus® and Autolist® are each a registered trademark of CarGurus, Inc., and PistonHeads® is a registered trademark of CarGurus Ireland Limited in the U.K. and the European Union. All other product names, trademarks, and registered trademarks are property of their respective owners.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of INTA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
APi Group demonstrates strong growth momentum through double-digit organic growth and strategic M&A, notably acquiring Wtech Fire Group and Onyx-Fire Protection Service. APi Group raised full-year sales guidance twice post-acquisitions, now targeting $8.575–$8.775 billion revenue and $1.165–$1.225 billion adjusted EBITDA. Valuation has become more attractive, with shares down from April highs and forward P/E multiples compressing to around 20x on improved earnings outlook.
Advancing financing partner alignment for BTC Structured Income Program; in active discussions on a pilot transaction with a major U.S. insurer for Credit Rating Securities Toronto, Ontario and New York, New York--(Newsfile Corp. - June 23, 2026) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX" or the "Company") today provided a corporate update on two of its principal commercialization workstreams. BTC Structured Income Program - Financing Partner Alignment The Company is pleased to report that it has finalized and executed a definitive agreement with a leading global digital asset lender - recognized as one of the most active and established credit providers in the cryptocurrency sector - for the senior secured lending facility that forms the foundational layer of capital for the Company's BTC Structured Income Program (the "Program").
New national report shows people are seeking trusted guidance, clear communication and low-pressure experiences as everyday choices become more complex
LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today released its inaugural State of American Decision Making Report, a new national report examining how Americans navigate everyday choices amid rising costs, busy schedules, and an increasingly complex information environment.
The report reveals a striking contradiction: while nearly two-thirds of Americans (64.4%) describe themselves as very confident decision-makers, four in 10 (40.3%) say they often or always feel overwhelmed by the number of decisions they face in a typical week, and 31.4% say they often or always second-guess themselves after making a decision.
From managing household budgets to maintaining a vehicle, the findings point to a broader consumer mindset: Americans are looking for choices that feel clear, trustworthy and worth it, especially when the stakes feel higher.
"This report underscores something we see every day: people want everyday decisions to feel easier, clearer and more worthwhile," said Laura Carpenter, Chief Customer Officer, Valvoline Inc. "Convenience is often what helps customers take action and trust is what helps them feel good about the decision they made. When customers understand what they need, know what to expect and feel they can trust the person helping them, the experience becomes easier and far less stressful. That is especially true in vehicle maintenance, where quick, easy service and trusted guidance work together to give customers confidence."
Among the report’s key findings:
Americans feel confident, but many still feel overwhelmed: Nearly two-thirds of Americans (64.4%) say they feel very confident in their ability to make smart everyday decisions, yet 40.3% say they often or always feel overwhelmed by the number of decisions they face in a typical week. Trust reinforces the value of convenient vehicle maintenance: When choosing where to maintain their vehicle, convenience is often a common benefit, but 35% of Americans also prioritize the option they trust most, along with 17.4% who prioritize the lowest price and 12.6% who prioritize the fastest option. Consumers want low-pressure, transparent service: When making a wise choice for auto services, consumers do not want to be pressured (49.9%), and also value transparent pricing (47.8%) and things explained plainly (42.3%). Rising costs are making Americans more deliberate: Nearly half of Americans (47.1%) say they compare more options before choosing when costs go up, while 30.4% say they prioritize value over price alone. Relief is a powerful measure of a good decision: More than half of Americans (56.9%) say they feel relieved after making a decision they are happy with, and 47.4% say they feel relieved after getting their vehicle serviced. The report shows Americans increasingly define a good decision as one that reduces stress, avoids regret and helps them move on with confidence.
The findings suggest that in an environment defined by more information, more options and more pressure, Americans are looking for convenience and also for choices that feel informed, trustworthy and sensible — and for brands that can make those choices easier.
The findings also align with Valvoline Instant Oil Change’s recent “The Ride Wrangler” campaign, which encourages drivers to “change wisely” by choosing service they can trust.
The full State of American Decision-Making Report is available at https://www.vioc.com/newsroom/state-of-american-decision-making/.
About Valvoline Inc.
Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,400 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 13,000 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com.
Samsara’s first dedicated online community, where physical operations professionals can build connections, share knowledge, and access resources to strengthen performance
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the Samsara Community, a global online hub for the world of physical operations. With tens of thousands of customers across North America and Europe, the Samsara Community has the potential to become one of the world’s largest professional networks for physical operations.
The organizations responsible for moving goods, building infrastructure, and delivering essential services are among the most critical contributors to the global economy. When the people running them are better connected, learn from each other faster, and have immediate access to the knowledge and resources they need, the impact extends well beyond any single organization. This is what the Samsara Community is built to enable.
"The Samsara Community can be a tremendous asset for everyone on the platform," said Samuel Barkas, Production Technology Manager at Smith Ready Mix, Inc., who gained early access to the Samsara Community. "Having a dedicated space to share experiences, troubleshoot challenges, and learn from others is invaluable. Being able to ask a question and get responses from so many experienced operators in one place can't be found anywhere else."
Samsara has long invested in bringing the industry together through events such as Samsara Beyond, taking place this week in Las Vegas, Samsara User Groups, and Samsara Safety Summits. Those gatherings have made clear that the Samsara customer base is one of the most valuable resources available to any operator. The Samsara Community is a commitment to foster those connections at a global scale, giving every organization—regardless of sector or organization size—access to that collective expertise at any time.
Samsara Community members can participate in product-specific forums and industry and regional groups, as well as access a range of Samsara resources, including Knowledge Base articles, Academy courses, and virtual events. Members can also participate in programs that directly inform Samsara’s product roadmap.
“Providing new opportunities to build connections is an important investment in our customers’ long-term success,” said Meagen Eisenberg, Chief Marketing Officer at Samsara. “We have spent more than a decade building one of the most diverse and experienced customer bases in physical operations. The Samsara Community is how we put that collective knowledge to work and shape the industry’s future.”
Further information about the Samsara Community:
Who can join? Anyone with access to a Samsara dashboard, including trial users.When is it available? The Community is available now.Where do you sign up? Those interested can access the Community through their Samsara dashboard or register at community.samsara.com with their credentials.About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.
Caliber and Protech Automotive Solutions to Lead Breakout Session on Fleet Repair Innovation at Samsara Beyond 2026
LEWISVILLE, Texas--(BUSINESS WIRE)--Caliber Fleet Solutions, a dedicated fleet repair and service offering from Caliber, today announced it will be a Platinum-level sponsor at Samsara Beyond 2026 in Las Vegas, NV, June 23–26, 2026, at the ARIA Resort & Casino. As part of the sponsorship, Caliber Fleet Solutions will be hosting attendees at Booth #200 for live demonstrations of its digital repair coordination platform and one-on-one conversations with fleet operations specialists.
As fleet operators work to improve vehicle utilization, reduce operational disruption, and navigate increasingly complex repair requirements, visibility across the repair lifecycle has become more important than ever. Caliber Fleet Solutions brings together Caliber's national service network—spanning collision repair, auto glass, mobile services, and advanced diagnostics—with enhanced digital coordination to simplify repair management, improve visibility, and keep vehicles on the road.
The digitally-connected offering enables fleet operators to coordinate repairs across service types, gain real-time visibility into repair status, and streamline intake and scheduling within existing fleet workflows. The platform's insights capabilities give fleet operators a strategic view of their operations—identifying patterns across vehicle types, damage frequency, and associated repair costs to inform smarter, data-driven decisions. Operators can also analyze where and how damage most commonly occurs to support driver behavior programs and prevention efforts, while performance data helps teams evaluate driver satisfaction across their network.
Samsara is digitizing the world of physical operations. Its Connected Operations® Platform makes it easy for organizations to access, analyze, and act upon real-time IoT data from vehicles, assets, equipment, and more. Bringing all of this data together into one integrated platform provides customers with actionable insights to improve their safety, efficiency, and sustainability. At Samsara Beyond, leaders will come together to connect and discuss the future of work, navigating change, and how to drive results that matter.
Breakout Session: Smarter Repairs, Faster Uptime
On Thursday, June 25, leaders from Caliber and Protech Automotive Solutions will host a breakout session titled Smarter Repairs, Faster Uptime: A New Playbook for Fleet Teams, from 11:30 AM to 12:15 PM PDT in Joshua 7–8.
The session will examine the key forces reshaping fleet repair today — including increasing vehicle complexity, evolving OEM requirements, and the growing role of ADAS and electric vehicle platforms in determining how vehicles must be serviced and returned to the road. Attendees will leave with a practical framework to evaluate repair options, reduce operational risk, and improve uptime across their fleets.
Topics will include:
How ADAS, electric vehicle platforms, and integrated vehicle technologies are changing what fleet repair requires Where gaps exist in today’s repair market and the risks fleets face without the right capabilities in place How Caliber and Protech are investing in technician training, OEM-aligned repair processes, and integrated diagnostics and calibration capabilities to support fleets at scale A practical framework for evaluating repair options and building a more connected repair strategy “Samsara Beyond brings together exactly the kinds of fleet and operations leaders who are navigating the growing complexity of vehicle repair,” said Brent Jones, Senior Vice President of Fleet Operations at Caliber. “We’re looking forward to sharing what we’re seeing in the market, what it takes to keep modern fleets moving, and how Caliber Fleet Solutions is helping operators get there.”
To learn more about Caliber Fleet Solutions or to connect with the team at Samsara Beyond, visit caliber.com/services/fleet.
Learn more about Samsara Beyond at https://www.samsarabeyond.com/.
About Caliber
Founded in 1997, the Caliber portfolio of brands has grown to more than 1,850 locations nationwide and features a full range of complementary automotive services, including Caliber Collision, the nation’s largest auto collision repair provider across 41 states, Caliber Auto Glass for glass repair and replacement, and Caliber Fleet Solutions. With the purpose of Restoring the Rhythm of Your Life®, Caliber’s more than 30,000 teammates are committed to getting customers back on the road safely and back to the rhythm of their lives.
Awards honor leading organizations and individuals driving transformative results in operations; Tyson Foods, Inc., Enercare, Grupo Aralo, Sysco GB, among those recognized
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the winners of its 2026 Connected Operations Awards, recognizing the remarkable achievements of its customers in safety, efficiency, sustainability, and innovation. The annual awards program honors organizations and individuals across North America and EMEA who demonstrate the clear benefits of AI-powered operations.
“The winners of Samsara's Connected Operations Awards are proof that AI represents a fundamental shift in how work gets done—one that's already saving lives and cutting costs,” said Robert Stobaugh, Chief Operating Officer at Samsara. "The submissions told stories of safer workers, more efficient operations, and real impact for communities. What unites every winner is a team that refuses to settle, and we’re proud to work alongside them.”
Introducing the 2026 global award winners:
U.S. and Canada: Discover their stories
Safest Operator: Utility Supply & Construction Company Innovation in Sustainable Operations: Massey Services Digital Transformation of the Year: Enercare Most Innovative Workforce: Tyson Foods, Inc. Technology Leader of the Year: David Perez, Vice President of Safety, First Student Driver of the Year (U.S.): Darrin J. Lonsdale, Action Resources Driver of the Year (Canada): Jessie-Lee Beaudoin, Whitewater Management LP Mexico: Discover their stories
Safest Operator: Grupo Aralo Digital Transformation of the Year: Royal Transports Excellence in Physical Security: Transportes MexAmerik Driver of the Year: José Rigoberto Carrera Ruiz, Flecha Amarilla EMEA: Discover their stories
Safest Operator (UK): Speedy Hire Safest Operator (Germany): SafeDriver ennoo Excellence in Driver Engagement: Sysco GB Most Sustainable Operations: Lanes Group Industry Innovator: Renew Holdings plc Driver of the Year: Richard Meehan, JLL A snapshot of the impactful results winners drove with Samsara:
Utility Supply & Construction Company achieved a 98% reduction in insurance claim costs, dropping from a historical high of $1.4M to just $22K midway through the current policy year Massey Services saved $1.3M in fuel costs in one year with centralized fuel reporting and idling alerts Enercare reduced operating costs through better vehicle utilization, cutting vehicle dormancy by 26% Grupo Aralo dropped its collision risk per mile by 70% while increasing its Security Score by 164% in Mexico Lanes Group digitized 1.3M form submissions per year and reduced vehicle idling by 83%, improving efficiency across the business "With fuel costs where they are today, every gallon matters. Samsara helped us save more than a million dollars in fuel costs in a single year and changed how we manage our fleet,” said Bryan Campbell, Director of Risk Management at Massey Services. “Our safety program benefitted too. We’ve reduced accidents by 35% and traffic violations by 88%. When you find a partner who genuinely understands your operations, the results show.”
Further information about the awards:
Learn more about the winners from the U.S. and Canada, Mexico, and EMEA Read about the winners for Excellence in Performance in the Public Sector, Dallas Fort Worth International Airport and Garden City Public Schools, announced at Samsara Go Beyond Public Sector About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.
All statistics and expectations listed herein are provided by Samsara’s customers.
Built on real-world data from millions of connected assets, operations teams can now discover, customize, and deploy AI Agents with Samsara’s Agent Studio
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the launch of new agentic tools that help teams automate monotonous tasks, reduce manual work, and respond faster across their operations. The new capabilities include a first-of-its-kind Agent Studio designed for physical operations that lets teams leverage pre-configured agents or build their own from scratch.
"Agent Studio gives us the ability to look at our own daily processes and build to fix the gaps," said Chris Hammock, Director of Transportation for Graceland Portable Buildings.
Share “Samsara has spent the last 10 years deeply embedded in the world's most complex physical operations, giving us unprecedented visibility into what’s happening on the ground,” said Johan Land, Chief Product Officer at Samsara. “In 2025 alone, we captured 25 trillion data points across the Samsara Network across vehicles, equipment, worksites, and operations. Now, customers can act on this insight by leveraging Samsara’s platform to fully automate workflows without extensive IT expertise.”
The Agent Studio serves as the control center where customers can set up and manage these AI-powered workflows. Tasks like managing paperwork, communicating with drivers, and working with vendors can now be automated with agents in minutes, freeing staff from hours of manual work each week. Customers and partners can build custom agents from scratch or leverage more than 15 pre-built templates across safety and maintenance, all without IT or developer experience. Within the studio, builders can also toggle capabilities on or off, set permissions, monitor usage, and configure settings.
Customers across industries are already developing agents in Agent Studio to automate workflows that have traditionally required dedicated staff or significant manual effort, including:
Driver assistance. A driver wingman deployed at a major food distributor answers parking, weigh-station, policy, and escalation questions based on dynamic location and company data, saving 30 minutes in communication time per call. Daily maintenance digest. A daily fleet briefing tool used at a food bank gives ops teams a quick read on fleet status and vehicle inspection report compliance, saving hours of manual work each week tracking resources. Driver and vehicle identification. An assignment workflow at a field services company automatically identifies when a moving vehicle has an unknown driver and links trucks to staff, reconciling insurance risks and saving the dispatch team radio time. “We were spending more than six figures a year on reporting and data compilation — work that's now fully automated," said Derek Champagne, VP of Corporate Security, Asset Management & Housing at Grand Isle Shipyard. "Automation allowed us to reallocate both resources and talent toward higher-value initiatives. The real benefit isn't just efficiency; it's the ability to focus our people on solving bigger problems, driving innovation, and creating value that simply wasn't possible before.”
Within Agent Studio, teams can integrate a company’s policies and documents as a knowledge base, preview behaviors before deployment, and track outcomes through a performance dashboard. The result is a toolset that fits a specific operation rather than a generic workflow.
"Agent Studio gives us the ability to look at our own daily processes and build to fix the gaps," said Chris Hammock, Director of Transportation for Graceland Portable Buildings. "We can make small changes ourselves, which may save us hours, instead of entering the IT project queue. Further, agents will help take repetitive follow-up work off our team, speed up how we get status updates, and help us spend more time moving the business forward instead of chasing information."
Watch the demo of Samsara’s Agent Studio. Learn more about Samsara’s latest innovations in physical operations, including:
The new Tracking Label for supply chain visibility. The new AI camera capabilities for fleets and equipment operators. See the full set of announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world's most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world's leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
Powered by the Samsara Network, disposable smart label delivers continuous visibility into any shipment, across any carrier
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced the Samsara Tracking Label: a smart, single-use Bluetooth label that delivers near-real-time shipment visibility, powered by the Samsara Network. The Tracking Label can be managed within Samsara’s new Shipment Center and Shipment App, which seamlessly plug into an organization's existing infrastructure, regardless of shipping carrier.
"Providing a persistent, wide-area network for Bluetooth assets could dramatically shift this landscape, enabling scale where infrastructure has previously been the bottleneck," said Zoe Roth, Senior Research Analyst, 451 Research from S&P Global.
Share Cargo theft costs U.S. businesses roughly $35 billion annually — up 60% year over year — and the problem is compounded by a fundamental lack of visibility. Current solutions, such as RFID and cellular connectivity, struggle with cost and coverage problems that Bluetooth and the Samsara Network solve.
"Our customers have been using asset tags to track critical shipments, and that works, but it's not purpose-built for cargo. What they've been asking for is a label they can slap on a box and walk away. That's exactly what the Tracking Label is,” said David Gal, VP of Connected Equipment at Samsara. “Unlike traditional barcode scanning that simply says 'departed facility,' the Samsara Network tells you exactly where that shipment is, hundreds of miles down the road. With AI-powered exceptions in the Shipment Center, a shipping manager can instantly see which shipments need attention, get ahead of delays, weather events, and proactively resolve issues before they reach the customer."
The low-cost connectivity powering the Tracking Label
The Tracking Label is an adhesive-backed, flexible, paper-thin label with a 45-day battery life after activation, that contains no lithium or hazardous materials, making it cleared for air, ground, and rail shipments and suitable for disposal without special handling. The Bluetooth label is interoperable with the Samsara Network, which leverages millions of Samsara-connected devices, including trucks, trailers, buses, construction equipment, warehouse scanners, and phones across 99% of major U.S. roads and tens of thousands of worksites. The network continuously 'listens' for Tracking Labels, enabling a single label to be detected in near real time, without requiring carrier involvement.
“Our data shows that organizations rely heavily on GPS and cellular technologies—adopted by over half the market—to track non-powered assets, often absorbing higher hardware costs to guarantee visibility,” said Zoe Roth, Senior Research Analyst, 451 Research from S&P Global. “Meanwhile, lower-cost alternatives like RFID and BLE currently sit at around 39% adoption, historically constrained by fragmented infrastructure, according to our 451 Research Supply Chain Digital Transformation Survey 2026. Providing a persistent, wide-area network for Bluetooth assets could dramatically shift this landscape, enabling scale where infrastructure has previously been the bottleneck.”
Real-time supply chain visibility through the Samsara Shipment Center
Leveraging the new Shipment Center, supply chain teams can view mission-critical and high-value goods — from a single box to a shipment of pallets to a reel of copper wire — that have a Tracking Label on the dashboard and click into any shipment for deeper insight. Through the Shipment Center, operations teams can:
Deter cargo theft and speed up resolution. Near real-time Bluetooth location data makes it significantly harder for bad actors to divert or steal cargo undetected, and gives operations teams evidence to involve authorities quickly when something goes wrong. Get ahead of shipping delays and exceptions. Stay ahead of late or missed deliveries by posing the question in the Shipment Center, “Which packages are at risk of being late due to the storm in Texas?” By leveraging AI to surface shipments that need attention, ops teams can focus on exceptions such as late delivery rather than monitoring every shipment manually. Coverage extends to cross-border shipments. Freight has historically gone dark the moment it crosses a border. These capabilities enable operations teams to keep jobs running on schedule, recover lost shipments in near real time, and deliver a better overall customer experience. Improve customer experiences with quicker dispute resolution. Automated delivery notifications and geofence-based delivery notifications provide clear proof of arrival, helping prevent and resolve shipping disputes with full location transparency across the shipment's journey. Make better supply-chain decisions with AI. Through the Shipment Center, ops teams can surface insights into warehouse performance, carrier on-time performance, declined delivery analytics, and more. This information allows them to analyze performance and costs to identify efficiencies. 3PL provider DCL Logistics, one of Tracking Label’s early adopters, is now managing the fulfillment and carrier handoff of high-value cargo for some of the world’s leading brands across consumer electronics, CPG, enterprise hardware, and GPUs.
“In LTL and truckload shipping, you typically only hear about your shipment twice — when it’s picked up and when it’s delivered," said Dave Tu, President, DCL Logistics. “Samsara’s Tracking Label changes that. It gives us a level of visibility that just didn’t exist before, and when you’re moving high-value cargo, that’s a big deal. It’s like watching your Uber driver on the way to pick you up — you can see every move, every turn, right up until it pulls up to the door.”
Plug into any existing workflow with the new Samsara Shipment App
The new Samsara Shipment App allows teams to activate the Tracking Label with a single tap, no hardware or manual entry required. Scan any barcode — a Bill of Lading, carrier tracking number, or warehouse license plate number — and the app automatically links it to the existing shipment ID.
Through the App, high-volume operations can print and pre-populate labels in bulk. Teams can also connect directly to an existing TMS or ERP to write shipment data at print time. No rip-and-replace of existing systems required.
All of these capabilities combined enable operations teams to keep jobs running on schedule, recover lost shipments in near real-time, and deliver a better overall customer experience.
Learn more about Samsara’s latest innovations in physical operations, including:
The new AI camera capabilities for fleets and equipment operators. The new Agent Studio and agentic AI capabilities. The full set of Beyond 2026 announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
First-to-market camera coverage for powered equipment closes the blind spots that cause costly incidents on the ramp, the warehouse floor, and the road
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced the Samsara 360 Camera, new AI Multicam capabilities, and two-way voice capabilities through the dash cam for road fleets—expanding real-time visibility for fleets and field teams.
“Safety on the ramp has always been our top priority, and Samsara has been a true partner in helping us raise the bar,” said Mehdi Jnah, Director of Ground Support Equipment, Alaska Airlines.
Share Operated equipment operations and field teams have long dealt with limited visibility. A forklift in a warehouse, a baggage tug on the ramp, an excavator on a job site: these machines move in high-density, high-consequence environments where blind spots are unavoidable, and incidents are costly. At the same time, road fleets face their own persistent challenge: the moments of highest risk, reversing, lane changes, and tight maneuvering, are often the hardest for drivers to see through. Samsara’s new hardware and AI capabilities are designed to close both gaps.
“By combining the power to see everything with the automation to act on it, we are shifting into the next gear on safety,” said Johan Land, Chief Product Officer at Samsara. “The 360 Camera brings first-to-market visibility to operated equipment, AI Multicam gives road fleet drivers sharper awareness of what surrounds them, and two-way voice means the AI can respond the moment a question arises. Millions of frontline workers show up every day to keep our world running, and we are fully committed to helping get every one of them home safely.”
The First 360-Degree Camera Built for Operated Equipment
Construction sites, warehouses, mines, and airports are among the most demanding environments in physical operations. Frontline workers on these job-sites are required to use heavy, risky equipment such as excavators, forklifts, baggage tugs, and pushbacks with open cabs — yet until now, none of them had a camera system built for the job. Without proper views of their surroundings and access to footage from on the ground, incident investigations stalled, liability was disputed, and the same unsafe behaviors were repeated.
Samsara’s 360 Camera changes that: a single-module camera capturing a full 360-degree view from one mount point and an interactive pan and zoom. Now, equipment operators can see potential risks in real-time and safety managers can examine any angle of a recorded event in detail. Built to withstand harsh weather and rough operating conditions, it gives teams the evidence they need to move from incident report to root cause in minutes rather than days.
“Safety on the ramp has always been our top priority, and Samsara has been a true partner in helping us raise the bar,” said Mehdi Jnah, Director of Ground Support Equipment, Alaska Airlines. “Their AI dash cams gave us something we never had before — real-time alerts and video footage to protect our crews. With the 360 Camera, we extend safety to every type of ground service equipment on the ramp. Baggage tractors, tugs, pushbacks — each with its own unique demands and operating procedures. Now, not only can we see it all, we have real-time access to the evidence we need to move from incident report to root cause in minutes. We believe this kind of innovation has the potential to transform ramp safety across the entire industry.”
New AI Multicam Capabilities Give Road Fleets a Sharper View
Reversing, changing lanes, and navigating tight spaces are the moments of highest contact risk for road fleets — and the moments where drivers have the least information about what surrounds them. Samsara is expanding its AI Multicam system with new capabilities designed to close that gap:
Bird’s Eye View. Drivers can now configure a top-down, 360-degree composite view of their immediate surroundings using AI Multicam, giving them a clear picture during maneuvers that carry the highest contact risk — maneuvering crowded yards, navigating narrow spaces, and making tight turns where large vehicles have the widest blind spots. This is especially valuable for vehicles like school buses, garbage trucks, yellow iron, and box trucks. Rear Collision Warning and Vehicle in Blind Spot Detection. Building on AI Multicam’s existing in-cab visibility, Rear Collision Warning and Vehicle in Blind Spot Detection deliver dynamic audio and visual alerts when reversing or changing lanes — running at the edge, on the device, so warnings reach drivers in the moment rather than after it. Two-Way AI Conversations Put Safety Response Directly in the Cab
The dash cam is no longer a one-way device. With two-way voice, Samsara AI and managers can converse with drivers in the moment. When a driver crosses into a geofenced area, AI engages the driver through the dash cam, flagging critical road information such as a lower speed limit, a parking restriction, or a known towing risk, all without a dispatcher placing a call. And when a person needs to step in, managers can initiate a call through the same channel — a direct line that doesn't depend on a phone, a charged battery, or a cell signal. The same goes for drivers, who can send their manager a message through the dash cam to alert them to conditions such as severe weather or driving delays.
“We tried contacting a driver in his truck via phone, but were unable to reach him. I then used the dash camera to contact him and connected successfully. The driver mentioned that his phone lost battery. It’s this kind of technology that helps ensure our drivers stay safe,” said Otis Anderson, Safety Compliance Analyst, Jordan Carriers.
Watch the demo of the AI camera suite. Learn more about Samsara’s latest innovations in physical operations, including:
The new Tracking Label for supply chain visibility. The new Agent Studio and agentic AI capabilities. See the full set of announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
, /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $700 million in aggregate principal amount of 5.7% senior notes due 2036 at a price to the public of 99.705% of their face value (the "Senior Notes"). The offering of the Senior Notes is expected to close on June 25, 2026, subject to the satisfaction of customary closing conditions. Net proceeds from the offering are expected to be used to repay borrowings outstanding under WES Operating's revolving credit facility and commercial paper program (including borrowings incurred by WES to fund the cash consideration for the acquisition of Brazos Delaware II, LLC), and for general partnership purposes, including the funding of capital expenditures.
TD Securities (USA) LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and MUFG Securities Americas Inc. are acting as joint book-running managers for the offering. The offering will be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended, copies of which may be obtained from TD Securities (USA) LLC, One Vanderbilt Avenue, 11th Floor, New York, New York 10017 or by phone at 1-855-495-9846; Barclays Capital Inc., c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-888-603-5847, Citigroup Global Markets Inc., c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-800-831-9146, and MUFG Securities Americas Inc., 1221 Avenue of the Americas, 6th Floor, New York, New York 10020 or by phone at 1-877-649-6848. An electronic copy of the prospectus and the related prospectus supplement is available from the U.S. Securities and Exchange Commission's website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The offer is being made only through the prospectus as supplemented, which is part of a shelf registration statement that became effective on June 22, 2026.
ABOUT WESTERN MIDSTREAM
WES is a master limited partnership formed to develop, acquire, own, and operate midstream assets. With midstream assets located in Texas, New Mexico, Colorado, Utah, and Wyoming, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural-gas liquids, and crude oil; and gathering, transporting, recycling, treating, supplying and disposing of produced water for its customers. In its capacity as a natural-gas processor, WES also buys and sells residue, natural-gas liquids, and condensate on behalf of itself and its customers under certain gas processing contracts. A substantial majority of WES's cash flows are protected from direct exposure to commodity price volatility through fee-based contracts.
This news release contains forward-looking statements. WES, WES Operating, and their general partners believe that their expectations are based on reasonable assumptions. No assurance, however, can be given that such expectations will prove to have been correct. A number of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this news release, including WES Operating's ability to close successfully on the Senior Notes offering and to use the net proceeds as described herein. See "Risk Factors" in WES's and WES Operating's Annual Reports on Form 10-K for the year ended December 31, 2025, Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and other public filings and press releases. Except as required by law, neither WES nor WES Operating undertakes the obligation to publicly update or revise any forward-looking statements.
WESTERN MIDSTREAM CONTACTS
Daniel Jenkins
Director, Investor Relations
[email protected]
866.512.3523
, /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $700 million in aggregate principal amount of 5.7% senior notes due 2036 at a price to the public of 99.705% of their face value (the "Senior Notes"). The offering of the Senior Notes is expected to close on June 25, 2026, subject to the satisfaction of customary closing conditions. Net proceeds from the offering are expected to be used to repay borrowings outstanding under WES Operating's revolving credit facility and commercial paper program (including borrowings incurred by WES to fund the cash consideration for the acquisition of Brazos Delaware II, LLC), and for general partnership purposes, including the funding of capital expenditures.
TD Securities (USA) LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and MUFG Securities Americas Inc. are acting as joint book-running managers for the offering. The offering will be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended, copies of which may be obtained from TD Securities (USA) LLC, One Vanderbilt Avenue, 11th Floor, New York, New York 10017 or by phone at 1-855-495-9846; Barclays Capital Inc., c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-888-603-5847, Citigroup Global Markets Inc., c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-800-831-9146, and MUFG Securities Americas Inc., 1221 Avenue of the Americas, 6th Floor, New York, New York 10020 or by phone at 1-877-649-6848. An electronic copy of the prospectus and the related prospectus supplement is available from the U.S. Securities and Exchange Commission's website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The offer is being made only through the prospectus as supplemented, which is part of a shelf registration statement that became effective on June 22, 2026.
ABOUT WESTERN MIDSTREAM
WES is a master limited partnership formed to develop, acquire, own, and operate midstream assets. With midstream assets located in Texas, New Mexico, Colorado, Utah, and Wyoming, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural-gas liquids, and crude oil; and gathering, transporting, recycling, treating, supplying and disposing of produced water for its customers. In its capacity as a natural-gas processor, WES also buys and sells residue, natural-gas liquids, and condensate on behalf of itself and its customers under certain gas processing contracts. A substantial majority of WES's cash flows are protected from direct exposure to commodity price volatility through fee-based contracts.
This news release contains forward-looking statements. WES, WES Operating, and their general partners believe that their expectations are based on reasonable assumptions. No assurance, however, can be given that such expectations will prove to have been correct. A number of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this news release, including WES Operating's ability to close successfully on the Senior Notes offering and to use the net proceeds as described herein. See "Risk Factors" in WES's and WES Operating's Annual Reports on Form 10-K for the year ended December 31, 2025, Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and other public filings and press releases. Except as required by law, neither WES nor WES Operating undertakes the obligation to publicly update or revise any forward-looking statements.
WESTERN MIDSTREAM CONTACTS
Daniel Jenkins
Director, Investor Relations [email protected]
866.512.3523
View original content to download multimedia:https://www.prnewswire.com/news-releases/western-midstream-announces-pricing-of-notes-offering-302807002.html
Companies will explore how frontier AI can help organizations identify, prioritize and reduce cyber risk faster in the AI era June 22, 2026 13:08 ET | Source: Tenable Holdings, Inc.
COLUMBIA, Md., June 22, 2026 (GLOBE NEWSWIRE) -- Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced it is working with OpenAI as part of the OpenAI Daybreak Cyber Partner Program. The collaboration brings together OpenAI's frontier AI capabilities, including GPT-5.5, and Tenable's leadership in exposure management to help organizations better understand cyber risk, prioritize action and stay ahead of attackers through Tenable product and service workflows.
The announcement comes as AI is reshaping the threat landscape. Attackers are already using AI to accelerate reconnaissance, automate vulnerability discovery and compress the window between exposure and exploitation. Security teams face a growing asymmetry: the volume and complexity of potential exposures is expanding faster than any team can manually assess, while the time available to act continues to shrink.
The Tenable One Exposure Management Platform was built for exactly this challenge. Rather than generating more findings, Tenable One helps organizations understand which exposures actually matter. Powered by the Tenable Exposure Data Fabric, the platform connects exposure intelligence from across the modern attack surface and applies the context needed to distinguish what is merely vulnerable from what is truly risky. Combined with frontier AI capabilities, this rich foundation helps organizations move from analysis to action faster, enabling security teams to focus on the exposures most likely to impact the business before attackers can capitalize on them.
The collaboration is expected to focus on several areas, including:
Advancing cybersecurity research and exposure intelligenceAccelerating the identification and prioritization of exploitable exposures and attack pathsImproving how security teams prioritize, validate and respond to the exposures that matter mostStreamlining security operations and accelerating risk reduction “The AI era requires a fundamentally new approach to cybersecurity,” said Eric Doerr, Chief Product Officer, Tenable. “Attackers are moving faster and operating at a scale that makes purely reactive security untenable. As part of OpenAI’s Trusted Access for Cyber program, Tenable is evaluating how GPT-5.5 can help accelerate defensive workflows through secure product integrations, enabling customers to stay ahead of attackers and move faster with confidence. This is what proactive security looks like in practice.”
The announcement underscores Tenable's continued investment in AI-powered exposure management and its commitment to helping customers proactively reduce cyber risk in an increasingly complex threat landscape.
More information about Tenable One, the leading AI-powered exposure management platform, is available at: https://www.tenable.com/products/tenable-one
About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for over 40,000 customers around the globe. Learn more at tenable.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected capabilities, benefits, and performance of the partnership with OpenAI under the Daybreak cybersecurity initiative and the Tenable One Exposure Management Platform, the expected impact of the partnership and Tenable’s solutions on risk prioritization, remediation, and security posture, and the anticipated use and effectiveness of frontier AI in cybersecurity workflows. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including risks related to the development, adoption, and performance of new and unproven technologies (including agentic AI, large language models, and automated remediation workflows), the potential that such technologies may not deliver their anticipated benefits or accurately prioritize risk, and other factors described under "Risk Factors" in Tenable's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. Tenable undertakes no obligation to update these statements to reflect events occurring after the date hereof.
AI Adoption in the Social Impact Sector Is Booming, but Effectiveness Is Not; New Report Investigates Why and What Organizations Should Do Next
, /PRNewswire/ -- The Blackbaud Institute, a research lab at Blackbaud (NASDAQ: BLKB), the world's leading provider of AI‑powered solutions for social impact, today released new research that delivers a clear framework for intentional AI adoption to support the social impact sector's ability to maintain financial resilience, grow donor confidence, and continue responding to pressing societal needs despite constrained resources.
The report, Bridging the AI Effectiveness Gap: New Research on What Drives AI Impact and Trust in the Social Sector, draws on surveys from thousands of social impact professionals and donors to identify what separates organizations that are seeing real results from AI from those that are not.
While 85% of social impact professionals report using AI at work, only about 33% believe their organization is using it very effectively. The research reveals a clear divide between a small group of "AI‑Adaptive" organizations—the 10% of organizations at the top of the AI maturity scale that have moved beyond experimentation to systemic, governed AI use—and the majority of organizations that are still applying AI in fragmented, individual ways. The AI‑Adaptive organizations are realizing significant dividends on their AI investment, consistently reporting stronger outcomes tied to long‑term sector health, including revenue growth, donor retention and staff productivity.
This research comes at a critical time for the social impact sector with traditional fundraising models under increasing strain due to staffing shortages, high turnover and limited resources, all of which directly impact organizations' ability to sustain revenue growth.
"AI presents a transformative opportunity to fundamentally reshape social impact," said Carrie Cobb, chief data and AI officer, Blackbaud. "But this research makes it clear that adoption alone is not enough. To achieve meaningful outcomes, organizations must be intentional about grounding their AI approach in strong data, clear governance and transparency. It's about more than time and cost savings. It's about leveraging AI to position the sector for a future of sustainable growth."
Key Findings
There are four key gaps that organizations should address to improve AI maturity: The effectiveness gap: Despite widespread use, only about 33% of professionals say AI is delivering strong organizational results, signaling a disconnect between individual experimentation and organization‑wide impact. The infrastructure gap: Adoption often outpaces readiness, with only 50% of organizations using paid or enterprise AI tools and nearly 25% relying exclusively on free versions, limiting scalability and increasing risk. The data‑readiness gap: Fewer than 20% of respondents rate their organization's data health as excellent, even though data quality is foundational to effective and responsible AI use. The transparency gap: 71% of donors are either more comfortable or equally comfortable with the social sector using AI than for-profit companies, but transparency is key—76% of donors say it's important to understand when and how AI is used, but only 26% of organizations say they disclose this information today. Time savings exist everywhere, but impact does not: The average organization saves $500/employee/week using AI. AI-Adaptive organizations save $621/employee/week using AI and, more importantly, are reinvesting that time savings into areas that increase revenue and mission delivery, like using AI to help identify and reach new donors, better engage existing donors, reduce costs, and raise more money. There's a clear AI maturity dividend: Organizations that address the four key gaps to move beyond ad hoc AI use and apply AI intentionally across the organization see compounded value. That return comes not just from time savings, but from using AI to increase revenue, strengthen mission delivery and reduce risk. The AI Imperative for Fundraising
For fundraising teams, AI offers a path to more efficient operations, more personalized outreach and greater scale, but only if organizations evolve how they use technology and do so with trust as the foundation.
"The AI opportunity is unlike any other in the history of fundraising, but realizing it requires more than new tools," said Sudip Datta, chief product officer, Blackbaud. "The opportunity isn't just in using AI—it's in using it in ways that build trust, unlock the power of data, and drive smarter action. The future health of the social impact sector depends on organizations rethinking their technology and operating models to move up the AI maturity scale, so that AI helps reduce friction, strengthen relationships and unleash resources at the speed of need."
To support the sector in this journey, Blackbaud has convened the AI Coalition for Social Impact, a collaboration of leading organizations and experts committed to removing barriers to responsible AI adoption across the social impact sector and unlocking the power of AI for good. The first initiative of the Coalition is a free certification program for social impact professionals launching this summer.
Read the Report
To explore the full findings and learn what distinguishes AI‑Adaptive organizations from the rest of the sector, read the Bridging the AI Effectiveness Gap report here.
About the Blackbaud Institute
The Blackbaud Institute is a research lab and educational resource powered by the Blackbaud Philanthropic Dataset, the world's largest combined dataset on giving, volunteering, grantmaking, and social impact. The Institute conducts independent research and publishes insights that help organizations understand trends shaping the social impact sector and make more informed decisions. Learn more at institute.blackbaud.com.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading provider of AI-powered solutions for social impact. Serving nonprofits, educational institutions, companies committed to corporate social responsibility, and individual change makers, Blackbaud propels impact at scale with the sector's most intelligent solutions for fundraising and engagement, education solutions, financial management and CSR and grantmaking. With the deepest expertise powered by the world's largest philanthropic data set, the most connected workflows, and the most powerful impact network, Blackbaud's solutions are building a future where resources are unleashed at the speed of need. Blackbaud has been recognized by Fast Company, Newsweek, Quartz, Forbes and more for AI innovation, responsible leadership and workplace excellence. Blackbaud has operations in the United States, Australia, Canada, Costa Rica, India and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook.
Media Inquiries
[email protected]
Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
CarMax NYSE: KMX entered a market reversal earlier this year asc it transitioned to a new CEO and activist investors took positions. The story now is that Keith Barr’s four-pillar strategy to increase volume, improve digital sales, add value on each transaction, and drive efficiency is gaining traction.
The question is whether CarMax can preserve its cost savings and return to profitable growth in the coming quarters, and the early signs are encouraging. In this environment, CarMax remains in the middle of an evolving catalyst, with the stronger signal—sustained operational improvement—still to come.
Get CarMax alerts:
CarMax Outperforms in Q1, First Report With New CeoCarMax Today
$52.31 +0.40 (+0.77%)
As of 11:40 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$30.26▼
$71.99P/E Ratio34.26
Price Target$47.73
CarMax faced headwinds in Q1 fiscal year 2027 (FY2027), including uneven consumer demand and affordability pressure, but performed well, with unit volume increasing by 3.3% across the system.
Revenue grew by 6% to just over $8 billion, outperforming expectations by more than 780 basis points. Segmentally, wholesalers did the heavy lifting, with units up 8% compared to a basically flat retail side.
Lower relative pricing aided the strength and is reflected in the margin. The company managed to reduce selling, general, and administrative (SG&A) expenses and improve efficiency on a per-unit basis, but gross margin impairment offset these gains. The takeaway is that gross profit declined by nearly 5%, net margin contracted by approximately 50 basis points despite an improvement in SG&A, and GAAP earnings declined.
The offset is that earnings per share (EPS) of $1.31 outpaced consensus by a wide 34-cent margin, providing sufficient cash flow to sustain operations and maintain balance sheet quality. CarMax's balance sheet carries debt, but it did not provide any red flags for investors.
The company does not provide specific guidance on operational metrics, but it did offer color on what to expect this year. As it stands, the focus is on improving sales and customer satisfaction, which will put pressure on margins. That trade-off is important for investors to watch. Lower asking prices can help rebuild unit volume, while continued investment in digital services may weigh on profitability until those efficiencies scale.
Among the critical Q1 takeaways, however, are the 84% of retail unit sales supported by digital capabilities and 14% online retail sales, with digital channels central to reducing time-to-close, improving customer outcomes, and supporting longer-term operating efficiency.
Current Price$52.60High Forecast$66.00Average Forecast$47.73Low Forecast$35.00CarMax Stock Forecast Details
Analyst sentiment is central to CarMax’s 2025 stock price decline and 2026 rebound.
After price target cuts and weaker coverage weighed on KMX in 2025, the tone in 2026 has shifted toward cautious optimism as investors evaluate the CEO transition and early signs of operational improvement.
Analyst activity since February 2026 has included initiations, reaffirmed targets, and, more recently, price target increases that have helped stabilize the consensus estimate.
The consensus price target is around $42, below the current share price but aligning with the technical price floor put in place last year, and is likely to advance amid operational improvements and strengthen the expected catalyst.
Institutional trends look more bullish despite mixed activity over the trailing 12-month period. Selling outweighed buying in parts of 2025, but activity in the first half of 2026 suggests renewed accumulation. More importantly, the periods of accumulation and distribution align with CarMax’s price action, revealing group buying on dips and market support at the lower end of its trading range.
The likely outcome is that KMX's downside is limited, and institutional support will strengthen and advance in subsequent quarters.
CarMax Catalysts: There Is More Than One Coming Down the PipeCarMax has several catalysts coming down the pike, centered on its upcoming earnings reports. The reports are expected to show improvements, including cash flow and future profitability. Among the catalysts is the capacity for capital return, which centers on share buybacks.
CarMax paused share repurchases in the latest quarter, but prior buybacks have still reduced the company’s share count over the past year. A resumption of repurchases could become a bullish catalyst if earnings stabilize. Management is also expected to provide more details on its turnaround strategy later this year.
Chart price action is not bullish following the release. The market for KMX stock is down more than 5% and may continue to decline in the near term. The caveat is that this market appears in the midst of a Double-Bottom Reversal, and the mid-June pullback is testing critical support.
Assuming support holds, KMX shares could advance this summer, potentially reaching $70 by early Fall. If not, a move to retest recent lows near $37.50 is probable—lower lows are not expected to come this year.
Should You Invest $1,000 in CarMax Right Now?Before you consider CarMax, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CarMax wasn't on the list.
While CarMax currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
PulteGroup (PHM - Free Report) ended the recent trading session at $125.62, demonstrating a -1.06% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw a decrease of 1.33%.
Coming into today, shares of the homebuilder had gained 9.04% in the past month. In that same time, the Construction sector gained 10.2%, while the S&P 500 gained 2.02%.
The upcoming earnings release of PulteGroup will be of great interest to investors. The company's earnings report is expected on July 22, 2026. The company is expected to report EPS of $2.43, down 19.8% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $4.03 billion, showing a 8.53% drop compared to the year-ago quarter.
PHM's full-year Zacks Consensus Estimates are calling for earnings of $10 per share and revenue of $16.4 billion. These results would represent year-over-year changes of -12.59% and -5.29%, respectively.
It is also important to note the recent changes to analyst estimates for PulteGroup. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, PulteGroup possesses a Zacks Rank of #3 (Hold).
Looking at its valuation, PulteGroup is holding a Forward P/E ratio of 12.7. This valuation marks a discount compared to its industry average Forward P/E of 15.14.
It is also worth noting that PHM currently has a PEG ratio of 1.61. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Building Products - Home Builders stocks are, on average, holding a PEG ratio of 1.96 based on yesterday's closing prices.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 216, finds itself in the bottom 12% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
New findings suggest today's move-up buyers are redefining what it means to upgrade, balancing functionality, lifestyle fit and thoughtful design and the right amount of space for their needs.
ATLANTA--(BUSINESS WIRE)--For today's move-up homebuyers, the dream of a new home doesn't necessarily mean more space. It means better space.
According to a new national survey conducted by PulteGroup among 1,325 U.S. homeowners who recently purchased their next home, a majority (51%) bought a home the same size or smaller than their previous one. Yet regardless of whether they purchased a larger, similarly sized or smaller home, 78% said their new home met or exceeded expectations. The findings suggest today’s move-up buyers are increasingly prioritizing functionality, design and lifestyle alongside square footage when evaluating their next home.
Life-stage changes are also influencing purchasing decisions. Respondents cited a major life change, such as a growing family or aging parents (25%), as the top reason for purchasing a new home, followed by feeling that the timing was right to move (24%) and needing more space (22%).
While younger buyers were more likely to purchase larger homes, older buyers increasingly opted for homes that better matched their lifestyle needs, underscoring how life stage is shaping today’s definition of a move-up home.
Once the decision was made, many buyers moved quickly, with more than half (56%) saying they considered moving for less than a year before purchasing their next home.
More than half (51%) said the kitchen became the most valuable space after moving, ranking ahead of the living or family room (38%), garage (26%) and flex space (24%). When shopping for their next home, 37% of buyers said a modern or upgraded kitchen was a must-have feature, second only to location (55%).
The finding aligns with trends identified in PulteGroup's most recent Design Trends Forecast, which found homeowners increasingly gravitating toward oversized kitchen islands, integrated dining areas and open gathering spaces that bring people together. Flexible rooms, outdoor living spaces and layouts that support evolving family needs also continue gaining traction among today's buyers.
“For years, moving up was often associated primarily with buying more square footage,” said Angela Nuessle, national vice president of interior design at PulteGroup. "What we’re seeing today is that buyers are becoming more intentional about how they evaluate value in a home. They’re placing greater value on homes that support the way they live, whether that’s putting more emphasis on a well-designed kitchen, an increased desire for flexible spaces that meet the needs of evolving families or outdoor areas that extend everyday living."
These priorities appear to be paying off. Nearly half (47%) of respondents said their overall comfort and enjoyment of life improved after moving, while 26% said their ability to host and entertain improved. At a time when many homeowners are being thoughtful and carefully evaluating their next move, the findings of this latest survey suggest buyers are looking for the right combination of space, design and functionality to support their lifestyles and evolving needs.
PulteGroup conducted the online survey in May 2026 among 1,325 U.S. homeowners who recently purchased their next home.
About PulteGroup
PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in more than 45 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup’s purpose is building incredible places where people can live their dreams.
For more information about PulteGroup, Inc. and PulteGroup brands, go to pultegroup.com; pulte.com; centex.com; delwebb.com; divosta.com; and jwhomes.com. Follow PulteGroup, Inc. on X: @PulteGroupNews.
PulteGroup (PHM - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this homebuilder have returned +7.4%, compared to the Zacks S&P 500 composite's -1.3% change. During this period, the Zacks Building Products - Home Builders industry, which PulteGroup falls in, has gained 7%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
PulteGroup is expected to post earnings of $2.38 per share for the current quarter, representing a year-over-year change of -21.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.8%.
The consensus earnings estimate of $9.95 for the current fiscal year indicates a year-over-year change of -13%. This estimate has changed -0.2% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $10.97 indicates a change of +10.2% from what PulteGroup is expected to report a year ago. Over the past month, the estimate has changed -1.1%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, PulteGroup is rated Zacks Rank #4 (Sell).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For PulteGroup, the consensus sales estimate for the current quarter of $4.06 billion indicates a year-over-year change of -7.8%. For the current and next fiscal years, $16.38 billion and $16.82 billion estimates indicate -5.4% and +2.7% changes, respectively.
Last Reported Results and Surprise HistoryPulteGroup reported revenues of $3.41 billion in the last reported quarter, representing a year-over-year change of -12.4%. EPS of $1.79 for the same period compares with $2.57 a year ago.
Compared to the Zacks Consensus Estimate of $3.38 billion, the reported revenues represent a surprise of +0.7%. The EPS surprise was -0.56%.
Over the last four quarters, PulteGroup surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
PulteGroup is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about PulteGroup. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
On June 22, 2026, Quanta Services Inc PWR shares rose 5.4% to a current price of $740.14. This increase comes amidst a 52-week range of $358.38 to $788.75, reflecting a significant year-to-date gain of 75.4% and a remarkable one-year increase of 105.3%.
GF Value™ verdict: Current price is $740.14 vs GF Value™ of $398.44, indicating the stock is 85.8% overvalued.GF Score™ of 89/100 suggests the company is strong across multiple metrics, positioning it favorably for long-term returns.Most notable signal: Insiders sold $123.2 million worth of stock in the last three months, indicating potential caution among company leadership. Is PWR Overvalued or Undervalued? Quanta Services Inc's current share price of $740.14 is significantly above the GF Value™ estimate of $398.44, marking the stock as 85.8% overvalued. This valuation raises concerns regarding the margin of safety for potential investors, as the market price does not reflect a favorable risk-reward scenario. The GF Valuation label categorizes the stock as "Significantly Overvalued," suggesting that investors may be paying a premium that does not correspond to the company’s intrinsic value.
If Quanta Services were to return to its GF Value™, there would be a substantial downside risk for current shareholders. This discrepancy highlights the importance of assessing not only current price movements but also the underlying financial health and future growth potential of the company. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
How Does PWR's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 101.5x 49.0x Forward P/E 52.9x N/A Quanta Services' current P/E ratio of 101.5x is significantly above its 5-year median of 49.0x, indicating that the stock is trading at a premium compared to its historical valuation. The forward P/E of 52.9x also supports the notion that the stock remains overvalued relative to its past trading multiples. This P/E analysis aligns with the GF Value™ verdict, reinforcing the conclusion that Quanta Services is currently overvalued.
What Does PWR's GF Score™ Tell Us? Metric Rating GF Score™ 89/100 Financial Strength 6/10 Profitability 9/10 Growth 10/10 Valuation 3/10 Momentum 9/10 The GF Score™ of 89/100 suggests that Quanta Services has strong fundamentals, particularly in Growth (10/10) and Profitability (9/10). However, the Valuation score of 3/10 indicates significant concerns regarding its current price level. The Financial Strength score of 6/10 reflects a moderate level of stability, while the Momentum score of 9/10 suggests positive price trends. Overall, while Quanta Services demonstrates strong growth and profitability metrics, its valuation remains a significant area of concern.
What Are Insiders Doing with PWR Stock? Recent insider activity reveals that Quanta Services executives sold $123.2 million worth of shares in the last three months, with no recorded purchases during this time. This pattern of selling suggests potential caution or lack of confidence among insiders about the company's current valuation or future prospects. Such selling activity can be a signal for external investors to proceed with caution, weighing the implications of insider sentiment on the stock's future performance.
What This Means for Investors Based on the GF Value™ assessment, Quanta Services Inc PWR appears to be significantly overvalued at its current price of $740.14, compared to the estimated fair value of $398.44. The elevated valuation, combined with recent insider selling, suggests potential risks for current shareholders and those considering investment in the company.
For the complete analysis, visit the Quanta Services Inc PWR stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is PWR's GF Score™?
PWR has a GF Score™ of 89/100, indicating strong fundamentals and potential for higher long-term returns based on historical performance.
Is PWR overvalued or undervalued?
PWR is considered overvalued, with a GF Value™ of $398.44 compared to the current price of $740.14, suggesting significant downside risk.
What is PWR's P/E ratio?
PWR's P/E ratio is 101.5x, which is significantly above its historical 5-year median of 49.0x, indicating that the stock is trading at a premium relative to its past valuations.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Key Takeaways Dycom posted 56.1% revenue growth and a record $11.9 billion backlog in fiscal Q1 2027.Quanta reported 26.3% revenue growth and a record $48.5 billion backlog in first-quarter 2026.Dycom is highlighted for faster growth, rising EPS estimates and a lower valuation than Quanta. The U.S. digital infrastructure landscape continues to benefit from rising demand for connectivity, fiber expansion, data center development and broader network modernization initiatives. As customers pursue larger and more complex infrastructure programs, the need for execution certainty, skilled labor, integrated solutions and long-term project delivery capabilities has become increasingly important. Within this backdrop, Dycom Industries, Inc. (DY - Free Report) and Quanta Services, Inc. (PWR - Free Report) have emerged as two well-positioned infrastructure companies, each benefiting from expanding project pipelines, deep customer relationships and growing opportunities tied to digital infrastructure investment, communications networks and mission-critical development.
While Dycom is focused on fiber infrastructure, network deployment and building systems that connect businesses, communities and data centers, Quanta leverages its integrated solutions model, craft workforce and supply-chain capabilities to support utility, communications and large-load infrastructure projects. Both companies continue to emphasize workforce development, disciplined execution, scalability and their ability to serve as strategic partners on multi-year capital programs, positioning them to capitalize on durable infrastructure spending trends and increasing demand across converging end markets.
Let's dive deep and closely compare the fundamentals of the two stocks to determine which one is a better investment now.
The Case for Dycom StockThis North America-based specialty contracting firm is benefiting from strong demand across fiber infrastructure, digital infrastructure and data center-related markets. In the first quarter of fiscal 2027, contract revenues increased 56.1% year over year as the company capitalized on expanding fiber-to-the-home deployments, long-haul and middle-mile fiber builds, and growing activity across its Building Systems segment. The company also reported record backlog levels, providing greater visibility into future work and reinforcing confidence in the durability of current demand trends.
In the first quarter of fiscal 2027, total backlog reached a record $11.9 billion, up 46.5% year over year and 25% sequentially. The company noted that awards continued to diversify across customers, geographies and demand drivers, while some customers extended contract durations to secure access to skilled labor. These longer-term commitments support workforce planning, investment decisions and the execution of multi-year infrastructure programs. Communications revenues grew 24.7% organically during the quarter, supported primarily by fiber-to-the-home activity as well as increasing long-haul and middle-mile opportunities.
However, sustaining this growth requires continued investment in workforce expansion, operational scaling and strategic acquisitions. The company is also dependent on the pace of customer deployments and project timing across large infrastructure programs, while portions of the long-haul fiber opportunity and BEAD-related activity are still in relatively early stages of development.
The company continues to broaden its digital infrastructure platform through Power Solutions and the planned acquisition of National Technology Integrators, creating a more comprehensive offering spanning electrical infrastructure, structured cabling and fiber connectivity. Combined with expanding data center activity, increasing cross-selling opportunities and the expected progression of BEAD-funded projects, Dycom appears well positioned to capitalize on growing infrastructure investment and evolving connectivity requirements across the United States.
The Case for Quanta StockThis infrastructure solutions provider is benefiting from rising investment across utility, power, communications and large-load infrastructure markets. The company’s diversified business model, integrated solutions approach and expanding role in mission-critical infrastructure projects continue to support strong demand. In the first quarter of 2026, revenues increased 26.3% year over year, while record backlog levels reflected growing customer commitments and increasing visibility into future capital programs.
Demand visibility remains one of Quanta’s biggest strengths. The company ended the first quarter with a record backlog of $48.5 billion, up from $35.3 billion a year ago, including a 12-month backlog of $28.2 billion, up 45.4%. The company emphasized that utilities, technology customers and large-load developers continue to pursue multi-year infrastructure investments, creating opportunities across transmission, generation, communications and data center-related projects. Investments in craft workforce development, fabrication capabilities and supply-chain solutions are further strengthening its ability to deliver execution certainty and support customers at scale.
However, some of the company’s largest opportunities remain tied to long-cycle infrastructure projects that can be influenced by permitting timelines, contract negotiations, interconnection processes and broader regulatory developments. Quanta also continues to invest heavily in manufacturing capacity, supply-chain initiatives and operational expansion to support future demand, which requires disciplined execution across a rapidly growing project portfolio.
The company continues to see strong momentum across transmission infrastructure, generation projects, data centers and technology-driven load growth. Expanding relationships with utilities and large customers, growing demand for integrated infrastructure solutions and increasing opportunities tied to electrification, grid modernization and digital infrastructure position Quanta to benefit from durable infrastructure spending trends over the coming years.
Stock Performance & ValuationBoth stocks have significantly outperformed the broader market in 2026. Quanta has surged 75.4% year to date, substantially outperforming Dycom’s still-impressive 38.5% gain. Both have also comfortably exceeded the Zacks Construction sector's 17.9% advance and the S&P 500's 8.9% rise.
Image Source: Zacks Investment Research
Valuation Reflects Different Growth ProfilesQuanta commands a notably higher valuation than Dycom, trading at 49.02X forward 12-month earnings compared with the latter's 26.97X. While both stocks trade above the Construction sector average of 22.01X, investors are assigning a substantial premium to Quanta's exposure to utility infrastructure, grid modernization, power generation and large-scale electrification projects.
Image Source: Zacks Investment Research
Meanwhile, Dycom trades at a more modest multiple despite benefiting from strong demand across fiber infrastructure, digital infrastructure and data center-related markets. As a result, investors must weigh whether Quanta's broader infrastructure platform and long-duration growth opportunities justify its premium valuation or whether Dycom offers a more attractive risk-reward profile at current levels.
Comparing EPS Estimate Trends of DY & PWRThe Zacks Consensus Estimate for Dycom’s fiscal 2027 earnings per share has increased to $16.01 in the past 30 days, as shown below. The revised estimates for fiscal 2027 imply year-over-year growth of 33.8%.
DY’s EPS Trend
Image Source: Zacks Investment Research
PWR’s earnings estimates for 2026 have decreased in the past 30 days to $13.96 per share. This indicates expected earnings growth of 29.9% year over year.
PWR’s EPS Trend
Image Source: Zacks Investment Research
Dycom vs. Quanta: Which Stock Looks Better Positioned?Both companies are benefiting from powerful long-term infrastructure trends and continue to execute at a high level. Quanta offers unmatched scale, a diversified infrastructure platform, record backlog levels and significant opportunities tied to electrification, grid modernization and large-load development. Its integrated solutions model and deep customer relationships provide substantial visibility into growth.
However, Dycom appears to offer the more compelling investment case today. The company is delivering faster revenue growth, stronger earnings momentum and accelerating demand across fiber infrastructure, digital infrastructure and data center-related markets. Record backlog levels, expanding Building Systems capabilities and growing opportunities tied to long-haul fiber and BEAD-funded projects further strengthen its growth outlook.
Importantly, Dycom's growth profile comes at a considerably lower valuation. While Quanta trades at a significant premium reflecting its broader infrastructure exposure, Dycom combines robust backlog growth, rising earnings expectations and multiple long-term growth drivers at a more attractive earnings multiple.
Both DY and PWR currently sport a Zacks Rank #1 (Strong Buy). However, for investors seeking the best combination of growth, earnings momentum and valuation, Dycom appears better positioned to deliver superior risk-adjusted returns at current levels. You can see the complete list of today’s Zacks #1 Rank stocks here.
SAN FRANCISCO, June 23, 2026 (GLOBE NEWSWIRE) -- Investors in Prestige Consumer Healthcare (NYSE: PBH) saw the price of their shares fall over 11% on May 14, 2026 after the company revealed significant revenue declines and production problems driving the company’s disappointing Q4 2026 financial results.
The surprise developments have prompted national shareholder rights firm Hagens Berman to open an investigation into whether, before May 14, Prestige was sufficiently transparent regarding its ability to remediate supply chain constraints and, if not, whether the company violated the federal securities laws.
The firm encourages Prestige investors who suffered substantial losses to submit your losses now.
Visit: www.hbsslaw.com/investor-fraud/pbh
Contact the Firm Now: [email protected]
844-916-0895
Prestige Consumer Healthcare Inc. (PBH) Investigation:
Prestige develops, manufactures, markets, sells, and distributes OTC health and personal care products to a wide range of customers. Clear Eyes®, a line of eye drops that provide cooling comfort and multi-symptom relief from redness, dryness, and itchiness is one of the company’s major brands.
The investigation is focused on the propriety of Prestige’s pre-May 14 disclosures concerning the performance of its recently acquired Pillar5 facility which the company touted as resolving persistent Clear Eyes® supply chain constraints and returning the brand to its leading market share position.
Investors’ expectations were dashed on May 13, 2026. That day, Prestige reported that its Q4 2026 revenues came in 5% lower than the year earlier quarter and 6.4% lower than the previous quarter.
More concerning, as compared to Q4 2025, North America OTC Eye & Ear Care, the segment which Clear Eyes® falls within, reported a whopping 20.6% decrease in revenues while its International OTC reported an equally disturbing year-over-year 31.3% decrease. Similarly, these business’ revenues were massively lower on a sequential basis.
During the company’s earnings call the next day, management revealed that there were “Clear Eyes supply constraints” and said “as we’ve seen in the past of dealing with the previous owners and management at Pillar5, is what would start out as an expected one-week shutdown to do something turned into two weeks, would turn into three, which would turn into four as things either got more complex or the work got expanded[.]”
In response, the market quickly reacted, sending the price of Prestige shares significantly lower.
“Our investigation is focused on when Prestige and its management first became aware that the Pillar5 facility was not performing and whether they might have misled investors about progress in remediating Clear Eyes® supply issues,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
If you invested in Prestige and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to other frequently asked questions about the firm’s Prestige investigation, read more »
Whistleblowers: Persons with non-public information regarding Prestige 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.
Huntington Ingalls Industries, Inc. reported Q1 2026 double-beat earnings, with revenue of $3.1B and EPS of $3.79, both above consensus. Newport News segment revenue rose 19% to $1.665B, driven by higher volumes in naval nuclear support, aircraft carriers, and submarines. Despite strong financial results, HII's stock has declined over 35% since my last coverage, underperforming the broader market.
MCLEAN, Va., June 22, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII), America’s largest military shipbuilder, has been awarded a $418 million contract to repair and maintain shipboard-based elevators on U.S. Navy aircraft carriers and amphibious ships, supporting the fleet’s operational readiness.
Under the five-year, indefinite delivery/indefinite quantity (IDIQ) contract awarded by Naval Sea Systems Command (NAVSEA), HII’s Mission Technologies division will provide engineering, maintenance and technical repair support for the elevators, cargo handling equipment and associated systems installed on the ships.
“Ensuring that essential operational systems — including shipboard elevators — run reliably is central to meeting the readiness needs of our U.S. sailors and Marines,” said Michael Lempke, president of Mission Technologies’ Global Security group. “We look forward to applying four decades of Elevator Support Unit experience to safeguard the performance of these systems and ensure they are reliable, resilient and fully capable of supporting the fleet.”
HII’s Mission Technologies will also conduct sailor training to promote self-sufficiency at sea and provide rapid response fly-away teams that deploy globally to ensure complex maintenance and repairs are completed safely and effectively.
A photo accompanying this release is available at: https://www.hii.com/news/hii-awarded-418-million-contract-to-continue-supporting-fleet-operational-readiness-for-the-us-navy.
Building on more than 40 years of Elevator Support Unit experience, the team will apply lessons learned to ensure consistent high-quality, rapid-response and affordable sustainment services for the U.S. Navy’s fleet.
Work will be performed within the continental United States, outside the continental United States and at forward-deployed locations around the world.
HII currently maintains and modernizes the vast majority of the U.S. Navy’s fleet. The team employs a holistic approach to life-cycle maritime defense systems, from small watercraft to submarines, surface combatants and aircraft carriers, to ensure a high state of readiness.
About HII
HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.
With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:
HII on the web: https://www.HII.com/HII on Facebook: https://www.facebook.com/TeamHIIHII on X: https://www.twitter.com/WeAreHIIHII on Instagram: https://www.instagram.com/WeAreHIIHII on LinkedIn: https://www.linkedin.com/company/wearehii Contact:
Greg McCarthy
(202) 264-7126 [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6006a2f1-709b-4f25-9cda-c354870a7b54
Key Takeaways HII won a nearly $417.7M Navy contract for ship elevator maintenance and repair services.The contract supports aircraft carriers and amphibious ships in U.S. and forward-deployed locations.Rising naval vessel spending may benefit HII's shipbuilding units and boost revenue prospects. Huntington Ingalls Industries Inc. (HII - Free Report) recently secured a contract to provide elevator support unit maintenance and repair services for U.S. Navy aircraft carriers and amphibious ships. The work will support naval operations both within and outside the continental United States, including forward-deployed locations. The contract was awarded by the Naval Sea Systems Command in Washington, D.C.
Valued at nearly $417.7 million, the contract is expected to be completed in June 2031.
Growth Prospects for HIIAccording to a report from the Mordor Intelligence firm, nations across the globe are fortifying their defense spending on military weapons and arsenals as they look to strengthen their defense capabilities. This also includes augmented spending on navy ships for enhanced sea warfare capabilities. Mordor Intelligence also forecasts that the naval vessels market will witness a compound annual growth rate of 6.12% during the 2026-2031 period.
Such increased spending tends to benefit Huntington Ingalls as its Ingalls Shipbuilding segment constructs amphibious assault ships, expeditionary warfare ships, surface combatants and national security cutters for the U.S. Navy and boasts a strong portfolio of products. The company’s Newport News segment is involved in the design and construction of nuclear-powered aircraft carriers and submarines.
Huntington Ingalls continues to enjoy a consistent flow of orders, like the latest one, which boosts its revenue generation prospects.
Opportunities for Other Defense StocksSome other defense players that can gain from the expanding naval vessel market are discussed below.
Lockheed Martin (LMT - Free Report) : Lockheed’s Rotary and Mission Systems unit supports integrated warfare systems and sensors programs such as the AEGIS Combat System, the Littoral Combat Ship and Multi-Mission Surface Combatant for the U.S. Navy and other allies.
LMT’s long-term (three-to five-year) earnings growth rate is 18.5%. The Zacks Consensus Estimate for 2026 sales implies growth of 5.3% from the prior-year figure.
BAE Systems plc (BAESY - Free Report) : The company commissions, designs, builds, repairs and services a wide range of complex navy ships, including aircraft carriers. Its Queen Elizabeth Class Aircraft Carriers are the largest warships ever constructed in the United Kingdom.
BAESY has a long-term earnings growth rate of 15%. The Zacks Consensus Estimate for the company’s 2026 sales suggests a year-over-year increase of 56.4%.
General Dynamics (GD - Free Report) : General Dynamics’ Marine Systems segment is the leading designer and builder of nuclear-powered submarines and a leader in surface combatant and auxiliary ship design and construction for the U.S. Navy.
GD’s long-term earnings growth rate is 9.7%. The Zacks Consensus Estimate for 2026 sales implies growth of 4.7% from the prior-year figure.
Price PerformanceIn the past year, shares of HII have gained 20.3% compared with the industry’s 3.9% growth.
EVANSVILLE, Ind., June 23, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – For the third consecutive year, Old National Bank, a wholly-owned banking subsidiary of Old National Bancorp (“Old National”), has been named to Points of Light’s “The Civic 50.” This annual designation is reserved for the 50 most community-minded organizations in the United States, as determined by the Points of Light Foundation.
Old National was also named the 2026 Financials Sector Leader, recognizing the company as the leading financial services organization among this year’s “The Civic 50” honorees.
Now in its 14th year, The Civic 50 is the nation’s leading corporate social impact recognition program. Honorees are selected through a comprehensive assessment of corporate civic engagement across four dimensions: investment of resources, integration into business functions, institutionalization through policies and systems, and measurable impact.
“Being named to The Civic 50 reflects the heart and passion our team members bring to the communities we serve,” said Jim Ryan, Old National Chairman & CEO. “Caring for our communities is central to who we are, and our team members value making a meaningful difference through community engagement and by helping our clients build stronger financial futures.”
In 2025, Old National and its team members provided:
More than 67,500 hours of volunteer service across the bank’s nine-state footprint$13.6 million in total grants and sponsorships supporting more than 2,100 nonprofit and community-minded organizationsApproximately $721 million in Community Reinvestment Act (CRA)-eligible community development loans that supported affordable housing, economic development, and community services for low-to-moderate-income individuals and communities
“Community impact is woven into Old National’s culture, business strategy and values,” said Kathy Schoettlin, Old National Chief Communications, Culture, & Social Responsibility Officer. “Whether we’re helping small businesses grow, expanding access to financial literacy or advancing inclusion, we are focused on creating meaningful, lasting change in the communities we serve. This recognition reinforces that commitment and inspires us to keep moving forward.”
“Old National demonstrates how to embed purpose into the employee experience, build authentic relationships with communities and use business as a force for good,” said Jennifer Sirangelo, President and CEO of Points of Light. “Today’s leading companies understand that community engagement is more than a program, it’s a reflection of their commitment to advancing social impact in ways that strengthen both their company and the communities they serve.”
For more information about Old National’s commitment to clients and community, see our Community Action Report.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2026, Points of Light named Old National to “The Civic 50” for the third consecutive year – an honor recognizing the 50 most community-minded companies in the United States – and also named Old National the Financials Sector Leader among nominated banks and financial services organizations.
ABOUT POINTS OF LIGHT
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit pointsoflight.org.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) will release its financial results for the second quarter 2026 (2Q26), as well as prepared management remarks (in PDF format), at 6:00 a.m. Eastern time on July 29, 2026. The company will host a live question-and-answer session at 8:00 a.m. Eastern time that morning to discuss its financial results for the quarter and earnings guidance for 2026.
A webcast of the 2Q26 earnings call may be accessed via Humana’s Investor Relations page at https://humana.gcs-web.com/.
If you anticipate asking a question during the question-and-answer session, please register in advance using this link, https://register-conf.media-server.com/register/BI18085d824058461aa3c6b8b2af27cb40.
Upon registration, telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number and a unique registrant ID.
The company suggests participants listening via the web or the conference call sign in or dial in at least 15 minutes in advance of the call. For those unable to participate in the live event, the virtual presentation archive will be available in the Historical Webcasts and Presentations section of the Investor Relations page at https://humana.gcs-web.com/, approximately two hours following the live webcast.
The company’s 2Q26 earnings news release is expected to include financial measures that are not in accordance with Generally Accepted Accounting Principles (GAAP). A reconciliation of non-GAAP financial measures to financial results under GAAP, as well as management’s reasons for including non-GAAP financial measures, will be included in the company’s 2Q26 earnings news release, a copy of which will be available on the Investor Relations page of www.humana.com on July 29, 2026.
About Humana
Humana (NYSE: HUM) is a leading U.S. healthcare company. Through our Humana insurance services and our CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare and Medicaid, families, individuals, military service personnel, and communities at large. Learn more about what we offer at Humana.com and at CenterWell.com.
, /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Humana Inc. (NYSE: HUM) investors that the firm is investigating potential legal claims arising from alleged false and misleading statements about the company's exposure to increased healthcare utilization costs. Current shareholders are encouraged to contact the firm here: https://www.classactionlawyers.com/humana.
On April 27, 2026, U.S. District Judge Jennifer L. Hall ruled that key claims in a securities fraud lawsuit against Humana and its former CEO and CFO will move forward. The lawsuit alleges that between July 2022 and October 2024, the company misled investors regarding the company's exposure to increased post-pandemic healthcare utilization costs. These statements allegedly caused Humana's stock to trade at artificially inflated prices. Judge Hall found the complaint sufficiently alleged that defendants acted with scienter, or an intent to defraud, in making these false and misleading statements. During this period, company insiders sold over $104 million in stock. When the truth was gradually revealed beginning in June 2023 and the company reported disappointing results, the stock price significantly dropped.
We are investigating potential wrongdoing by Humana's directors and officers in connection with these allegations.
If you own Humana stock, you may have legal options. Visit https://www.classactionlawyers.com/humana to learn more.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents consumers in class actions and shareholders in derivative actions against corporate officers and directors. The firm is based in San Francisco and, with the help of co-counsel, litigates cases nationwide.
Contact
Dustin L. Schubert
[email protected]
Tel: 415-788-4220
Humana Inc. (NYSE: HUM) Investor Alert: Schubert Jonckheer Investigating Possible False Statements Regarding Healthcare Utilization Costs, Over $104 Million Insider Sales PR Newswire
SAN FRANCISCO, June 23, 2026
, /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Humana Inc. (NYSE: HUM) investors that the firm is investigating potential legal claims arising from alleged false and misleading statements about the company's exposure to increased healthcare utilization costs. Current shareholders are encouraged to contact the firm here: https://www.classactionlawyers.com/humana.
On April 27, 2026, U.S. District Judge Jennifer L. Hall ruled that key claims in a securities fraud lawsuit against Humana and its former CEO and CFO will move forward. The lawsuit alleges that between July 2022 and October 2024, the company misled investors regarding the company's exposure to increased post-pandemic healthcare utilization costs. These statements allegedly caused Humana's stock to trade at artificially inflated prices. Judge Hall found the complaint sufficiently alleged that defendants acted with scienter, or an intent to defraud, in making these false and misleading statements. During this period, company insiders sold over $104 million in stock. When the truth was gradually revealed beginning in June 2023 and the company reported disappointing results, the stock price significantly dropped.
We are investigating potential wrongdoing by Humana's directors and officers in connection with these allegations.
If you own Humana stock, you may have legal options. Visit https://www.classactionlawyers.com/humana to learn more.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents consumers in class actions and shareholders in derivative actions against corporate officers and directors. The firm is based in San Francisco and, with the help of co-counsel, litigates cases nationwide.
View original content:https://www.prnewswire.com/news-releases/humana-inc-nyse-hum-investor-alert-schubert-jonckheer-investigating-possible-false-statements-regarding-healthcare-utilization-costs-over-104-million-insider-sales-302807563.html
First FDA-approved, at-home screening test that uses RNA technology to detect biomarkers associated with colorectal cancer and advanced adenomas Designed to reduce common barriers to at-home screening with a cleaner, simplified collection experience that minimizes sample handling Meets screening guidelines from the American Cancer Society (ACS) and National Comprehensive Cancer Network (NCCN) , /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, today announced the nationwide availability of ColoSense®, the only RNA-based at-home test for colorectal cancer (CRC) screening approved by the U.S. Food and Drug Administration (FDA). Offered through a commercial collaboration with test developer Geneoscopy, ColoSense expands Labcorp's comprehensive portfolio of colorectal cancer screening solutions. The test is now covered for eligible Medicare and Medicare Advantage beneficiariesi following the Centers for Medicare & Medicaid Services (CMS) update to the National Coverage Determination (NCD) in June, with additional commercial coverage also available.
Photo courtesy of Labcorp Reducing Barriers to At-Home Screening
Colorectal cancer is highly preventable when detected early, yet approximately 4 in 10 eligible adults are not up to date with recommended screenings. While at-home tests offer convenience, the collection process can be a significant barrier to completion. According to Labcorp research, among users of at-home screening tests, 41% were uncomfortable preparing the sample, and 34% said the process felt messy. ColoSense is designed to reduce common barriers to at-home screening with a cleaner, simplified collection experience that minimizes sample handling.
"Labcorp is focused on improving colorectal cancer screening rates by offering at-home options consumers are more likely to complete," said Dr. Brian Caveney, chief medical and scientific officer at Labcorp. "With ColoSense now available nationwide, we're expanding access to an FDA-approved screening option that delivers advanced science and a more streamlined, easier-to-use collection experience."
Breakthrough Innovation Recognized by the FDA and Leading Cancer Authorities
ColoSense uses RNA-based technology to detect biomarkers associated with both colorectal cancer and advanced adenomas, precancerous changes that may be an early indication of disease. ColoSense received Breakthrough Device Designation from the FDA, which is reserved for medical devices that offer the potential for more effective diagnosis or treatment of life-threatening conditions. ColoSense aligns with stool-based RNA screening approaches recognized in the American Cancer Society (ACS) colorectal cancer screening guidelines and is included as a recommended screening option in the National Comprehensive Cancer Network (NCCN) guidelines.
"ColoSense reflects years of scientific innovation focused on improving how we screen for colorectal cancer at home," said Matt Sargent, chief commercial officer at Geneoscopy. "We're proud to partner with Labcorp to help bring this test into routine care nationwide and ensure more patients can benefit from earlier detection."
ColoSense is available through healthcare providers for adults aged 45 to 85 at average risk and is not for individuals with a history of colorectal cancer or certain high-risk conditions. ColoSense has demonstrated strong clinical performance, with 93% sensitivity for colorectal cancer in average-risk individuals, and achieved 100% sensitivityii for stage I colorectal cancer, detecting disease at its most treatable stage.
Once ordered, the collection kit is delivered directly to the consumer's home for collection and return, featuring a simplified design that eliminates the need to separate or mix the stool sample. Geneoscopy offers patient navigation support to help individuals understand their results and follow recommended next steps, including colonoscopy after a positive result. ColoSense is a screening test and does not replace diagnostic colonoscopy.
The introduction of ColoSense further expands Labcorp's portfolio of colorectal cancer screening options, providing patients and providers with greater choice and flexibility. To learn more, visit https://www.labcorp.com/treatment-areas/colorectal-cancer/crc-screening/colosense.
About Labcorp
Labcorp (NYSE: LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company's nearly 71,000 employees serve clients in approximately 100 countries, provided support for more than 85% of the new drugs and therapeutic products approved by the FDA in 2025 and performed more than 750 million tests for patients around the world. Learn more at www.labcorp.com.
About Geneoscopy, Inc.
Geneoscopy Inc. is a life sciences company focused on developing diagnostic tests for gastrointestinal health. Leveraging its proprietary, patented stool-derived eukaryotic RNA (seRNA) biomarker platform, Geneoscopy's mission is to empower patients and providers to transform gastrointestinal health through innovative diagnostics. In partnership with leading universities and biopharmaceutical companies, Geneoscopy is also developing diagnostic tests for treatment selection and therapy monitoring in other GI disease areas. For more information, visit www.geneoscopy.com and follow the company on LinkedIn.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements, including, but not limited to, statements with respect to the expected utility and benefits, and availability from Labcorp, of the ColoSense screening test for colorectal cancer.
Each of the forward-looking statements is subject to change based on various important factors, many of which are beyond the company's control. These factors, in some cases, have affected and in the future (together with other factors) could affect the company's ability to implement the company's business strategy, and actual results could differ materially from those suggested by these forward-looking statements. As a result, readers are cautioned not to place undue reliance on any of the forward-looking statements.
The company has no obligation to provide any updates to these forward-looking statements even if its expectations change. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Further information on potential factors, risks and uncertainties that could affect operating and financial results is included in the company's most recent Annual Report on Form 10-K under the heading RISK FACTORS and in the company's other filings with the SEC. The information in this press release should be read in conjunction with a review of the company's filings with the SEC including the information in the company's most recent Annual Report on Form 10-K under the heading "MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS."
iPatient Criteria: Age 45 to 85 years; asymptomatic (no signs or symptoms of colorectal disease including but not limited to lower gastrointestinal pain, blood in stool, positive guaiac fecal occult blood test (gFOBT) or fecal immunochemical test (FIT)); and at average risk of developing colorectal cancer (no personal history of adenomatous polyps, colorectal cancer, or inflammatory bowel disease, including Crohn's Disease and ulcerative colitis; no family history of colorectal cancers or adenomatous polyps, familial adenomatous polyposis, or hereditary nonpolyposis colorectal cancer).
