Hims & Hers Health stock is among today’s top performers. What’s behind HIMS gains? Barclays Expects Renewed Strength In GLP‑1 SegmentBarclays highlighted several demand signals. Website traffic rose 12% year-over-year in April and 35% year-over-year in May. Barclaycard data showed a 16% month-over-month increase in transactions during May, while total spending climbed 14% month-over-month.
HIMS Stock: Key Levels And Momentum IndicatorsHims & Hers continues to trade well above its short term trend markers. The stock sits about 30% above the 20 day simple moving average at $27.08 and roughly 34% above the 50 day simple moving average at $26.32. It also trades about 5% above the 200 day simple moving average at $33.39, a level many longer term traders view as an important dividing line for trend direction.
Momentum signals remain constructive. MACD is positioned above its signal line and the histogram is positive, which reflects strengthening buying pressure compared with the prior pullback. When MACD holds above the signal line, it often indicates that buyers are gaining control while selling pressure fades.
The broader backdrop is still uneven. The stock is recovering from a difficult twelve-month stretch where it fell 42.39%, and it continues to trade under the influence of the death cross that appeared in December 2025 when the 50-day average slipped below the 200-day average. This type of setup often produces sharp rallies that can run into resistance quickly as overhead supply reappears near earlier pivot zones.
Key Resistance: $36.50 — A nearby pivot zone where sellers have previously stepped in and where rallies may slow. Key Support: $33.00 — A short term floor near the 200 day region where dip buyers may attempt to stabilize the trend. HIMS Shares Are RisingHIMS Price Action: Hims & Hers shares were up 9.94% at $35.06 at the time of publication on Thursday, according to Benzinga Pro.
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Toronto, Ontario--(Newsfile Corp. - June 16, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to announce that our wholly owned subsidiary Heal Wellness ("Heal") has secured a real estate location for our existing Richmond Hill franchisee. Heal Wellness is a fast-growing quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, and smoothies, built around clean ingredients and a better-for-you lifestyle.
Happy Belly 1
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Richmond Hill, Ontario, combines an affluent, health-conscious, family-oriented population with strong daytime and commuter traffic in the heart of York Region. The city is populated with a large core of residents who are in the prime demographic target for Heal, representing a customer base for convenient, better-for-you meals and snacks. With its diverse, urban-suburban community, strong household base, and proximity to offices, schools, fitness studios, shopping plazas, and major corridors, Richmond Hill offers the ideal mix of families, professionals, students, and active lifestyle consumers who are likely to embrace fresh smoothie bowls, açaí bowls, and clean-ingredient smoothies as part of their daily routines.
"Securing a real estate location for our franchisee further advances Heal's disciplined, asset-light growth strategy as the brand continues to expand across Ontario's high-growth urban and suburban markets," said Sean Black, Chief Executive Officer of Happy Belly Food Group. "This location reflects our continued focus on expanding Heal into strong, community-oriented markets with favorable demographic and traffic fundamentals. The City of Richmond Hill benefits from steady population growth, a growing commercial base, and a well-balanced mix of residents and families seeking convenient, health-forward food options. These characteristics align well with Heal's functional, grab-and-go offering and support sustainable, long-term unit performance."
Happy Belly 2
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"Heal Wellness continues to expand rapidly across Canada and into the United States, solidifying its position as a leading acai and smoothie bowl brand," said Sean Black. "With 42 locations now open and more than 166 in development, Heal remains a key driver of growth within Happy Belly's broader portfolio of 686 contractually committed retail franchise locations across multiple emerging brands in various stages of development, construction, and operation. We continue to build a predictable and disciplined growth engine designed to create long-term shareholder value."
"We are just getting started," said Sean Black.
About Heal WellnessHeal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. We currently offer a diverse range of smoothie bowls and smoothies. We take pride in meticulously selecting every superfood ingredient on our menu to fuel the body, including acai smoothie bowls, smoothies, and super-seed grain bowls. Our smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds, and more.
FranchisingFor franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at [email protected].
About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands across Canada.
Happy Belly 3
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Sean Black
Co-founder, Chief Executive Officer
Shawn Moniz
Co-founder, President
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301667
Source: Happy Belly Food Group Inc.
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Toronto, Ontario--(Newsfile Corp. - June 18, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging restaurant brands, is pleased to announce the grand opening of its newest Heal Wellness location located at #120 70 Shawville BV SE in Shawnessey Village, Calgary, Alberta, this Saturday, June 20th, 2026. Heal Wellness is a fast-growing quick-service restaurant ("QSR") brand specializing in fresh smoothie bowls, açaí bowls, smoothies, and other better-for-you menu offerings built around clean ingredients and an active lifestyle.
Happy Belly 1
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"Opening Heal in Shawnessey Village marks another meaningful milestone in our Alberta expansion strategy," said Sean Black, Chief Executive Officer of Happy Belly Food Group. "This location reflects our continued focus on expanding Heal into strong, community-oriented markets with favorable demographic and traffic fundamentals. Shawnessey Village benefits from strong daily traffic, dense surrounding residential communities, and a well-established retail environment anchored by major national tenants. As a vibrant retail destination serving South Calgary, the centre is supported by a complementary mix of grocery, fitness, service, and restaurant uses that drive consistent visitation throughout the day. These characteristics align well with Heal's functional, grab-and-go offering and support sustainable, long-term unit performance."
Heal Wellness continues to gain momentum as consumer demand for functional, wellness-focused QSR concepts grows across both urban and suburban markets. With its strong brand positioning, scalable format, and expanding franchise pipeline, Heal is well positioned to deepen its footprint across Alberta and other key Canadian regions.
Happy Belly 2
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"Heal Wellness continues to expand rapidly across Canada and into the United States, solidifying its position as a leading acai and smoothie bowl brand," said Sean Black. "With 43 locations now open and more than 165 in development, Heal remains a key driver of growth within Happy Belly's broader portfolio of 686 contractually committed retail franchise locations across multiple emerging brands in various stages of development, construction, and operation. We continue to build a predictable and disciplined growth engine designed to create long-term shareholder value."
"We are just getting started", said Sean Black.
About Heal WellnessHeal Wellness was founded with a passion and mission to provide quick, fresh wellness foods that support a busy and active lifestyle. We currently offer a diverse range of smoothie bowls and smoothies. We take pride in meticulously selecting every superfood ingredient on our menu to fuel the body, including acai smoothie bowls, smoothies, and super-seed grain bowls. Our smoothie bowls are crafted with real fruit and enriched with superfoods like acai, pitaya, goji berries, chia seeds, and more.
FranchisingFor franchising inquiries please see www.happybellyfg.com/franchise-with-us/ or contact us at [email protected].
About Happy Belly Food Group
Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company") is a leader in acquiring and scaling emerging food brands.
Happy Belly 3
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6625/302038_bc41e90ef494b8b1_004full.jpg
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.
All statements in this press release, other than statements of historical fact, are "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Forward-Looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include the future performance of Happy Belly and her subsidiaries. Forward-Looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the business plans for Happy Belly described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302038
Source: Happy Belly Food Group Inc.
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Swedish defence equipment maker Saab said on Wednesday it had invested €11.1 million ($12.9 million) for a 10% stake in Paris-based defence technology company Comand AI.
SoundHound AI, Inc. (SOUN - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned -12.2%, compared to the Zacks S&P 500 composite's +2.1% change. During this period, the Zacks Computers - IT Services industry, which SoundHound AI falls in, has remained unchanged. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, SoundHound AI is expected to post a loss of $0.05 per share, indicating a change of -66.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of -$0.18 points to a change of -38.5% from the prior year. Over the last 30 days, this estimate has changed -18.3%.
For the next fiscal year, the consensus earnings estimate of $0.17 indicates a change of +6.7% from what SoundHound AI is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, SoundHound AI 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 ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For SoundHound AI, the consensus sales estimate for the current quarter of $52.61 million indicates a year-over-year change of +23.3%. For the current and next fiscal years, $233.14 million and $270.1 million estimates indicate +38% and +15.9% changes, respectively.
Last Reported Results and Surprise HistorySoundHound AI reported revenues of $44.19 million in the last reported quarter, representing a year-over-year change of +51.7%. EPS of -$0.06 for the same period compares with -$0.06 a year ago.
Compared to the Zacks Consensus Estimate of $42.71 million, the reported revenues represent a surprise of +3.48%. The EPS surprise was -20%.
Over the last four quarters, SoundHound AI surpassed consensus EPS estimates two 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.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
SoundHound AI is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about SoundHound AI. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
At $7.35, SoundHound AI (NASDAQ:SOUN) screens as a wait-and-watch setup, with research framing suggesting a more attractive entry near $6.50 on macro-driven weakness.
Key Takeaways SoundHound trades above its industry's P/S average as investors weigh AI growth against risks.SOUN posted 52% Q1 revenue growth, reaffirmed 2026 guidance and launched its OASYS platform.SOUN's losses, weaker estimates and acquisition risks make its risk-reward profile unfavorable. SoundHound AI (SOUN - Free Report) has emerged as one of the more prominent pure-play conversational AI companies, benefiting from growing enterprise adoption of voice and agentic AI solutions. However, while the company's growth prospects remain attractive, its valuation continues to spark debate among investors. SOUN stock currently trades at a forward 12-month price-to-sales (P/S) ratio of 12.6X, above the Zacks Computers - IT Services industry's average of 11.88X. Such a premium typically reflects expectations for stronger growth, expanding market opportunities and future profitability. The question is whether SoundHound's business momentum can justify paying more than the industry average.
SOUN Stock’s Valuation (P/S F12M)
Image Source: Zacks Investment Research
SoundHound continues to deliver strong revenue growth, launch new AI products and expand its enterprise customer base. At the same time, losses remain elevated, earnings estimates have moved lower, and the stock has plunged 26.2% year to date. Investors must therefore weigh the company's long-term AI opportunity against its near-term execution and profitability risks when deciding how to play the stock.
SOUN’s YTD Price Performance
Image Source: Zacks Investment Research
Strong Demand Supports Growth Story for SOUN StockSoundHound entered 2026 with solid operating momentum. First-quarter revenues increased 52% year over year to a record $44.2 million. Management highlighted that excluding acquisition-related contributions, revenues from its core automotive and IoT AI business jumped 88%, reflecting strong customer demand across its key markets.
The company continues to benefit from growing adoption of conversational AI across industries. During the first quarter, SoundHound signed new agreements and expanded existing relationships across automotive, financial services, healthcare, retail, telecommunications and energy markets. The company also reported strong traction in enterprise AI, which remained its largest revenue contributor.
Management reaffirmed its 2026 revenue guidance of $225-$260 million, signaling confidence that current demand trends will continue through the remainder of the year.
SoundHound’s OASYS Expands the AI OpportunityOne of SoundHound's biggest recent developments is the launch of OASYS, its self-learning agentic AI platform. The platform is designed to automate the creation, deployment and continuous improvement of AI agents. Unlike traditional AI solutions that require ongoing manual updates, OASYS can automatically evaluate performance, identify gaps and improve workflows over time. The company believes this approach can significantly reduce implementation time and lower operating costs for customers.
Another advantage is channel flexibility. Businesses can deploy AI agents across phones, websites, text messaging, drive-thrus, kiosks, vehicles and smart devices using a unified platform. This capability strengthens SoundHound's position as enterprises increasingly seek integrated AI solutions rather than standalone products.
Management views OASYS as a key step toward building a unified agentic AI ecosystem that combines technologies from its acquisitions and internal development efforts.
LivePerson Deal Could be Transformational for SOUNAnother major growth catalyst is SoundHound's planned acquisition of LivePerson. The transaction would combine SoundHound's voice AI and agentic AI capabilities with LivePerson's digital messaging and customer engagement platform. Together, the companies would serve enterprise customers in more than 30 countries, including many leading banks, airlines, automakers and telecommunications providers.
The acquisition broadens SoundHound's reach into digital customer engagement while creating opportunities to cross-sell voice AI solutions to LivePerson's customer base. Management expects the combined platform to offer one of the most comprehensive conversational AI ecosystems in the market.
The company believes the existing customer base alone could support a long-term revenue opportunity approaching $500 million, while the combined business is expected to generate annual revenues of at least $350-$400 million in 2027 after the transaction closes.
SOUN’s Customer Expansion Remains a Key TailwindSoundHound is not only winning new customers but also expanding relationships with existing ones. A recent example is Casey's General Stores, which expanded its partnership with SoundHound after the company's AI-powered ordering agents handled more than 21 million guest interactions across more than 2,600 locations. The success of such deployments demonstrates the practical value customers are receiving from SoundHound's technology.
The company also reported increased cross-selling activity among restaurant customers, stronger adoption of Voice Insights and growing deployment of voice commerce solutions across automotive and consumer electronics platforms. These trends support management's strategy of generating more revenue from existing customers while adding new ones.
Profitability Challenges Remain for SoundHoundDespite strong revenue growth, profitability continues to be SoundHound's biggest challenge. The company reported a first-quarter adjusted EBITDA loss of $26.7 million and a non-GAAP net loss of $26.6 million. Operating expenses increased as SoundHound continued investing in research and development, sales expansion and acquisition integration activities.
Management is also investing in proprietary AI foundation models that are expected to power OASYS and reduce long-term dependence on third-party AI models. While these investments may improve future margins, they are likely to keep near-term profitability under pressure.
On a positive note, SoundHound ended the quarter with $216 million in cash and no debt, providing financial flexibility to support growth initiatives and acquisitions.
SOUN Stock’s Estimate Revisions Raise ConcernsInvestor sentiment has also been affected by deteriorating earnings expectations. Over the past 60 days, the Zacks Consensus Estimate for SoundHound's 2026 loss widened to 18 cents per share from 9 cents. The projected loss is also wider than the 13-cent loss reported in the previous year.
Although analysts expect revenues to grow 38% in 2026 and another 15.9% in 2027, earnings are still expected to remain in negative territory. The consensus estimate calls for a loss of 17 cents per share in 2027.
Negative estimate revisions often indicate that analysts expect profitability improvements to take longer than previously anticipated, which can weigh on stock performance.
SOUN Stock’s Estimate Revision
Image Source: Zacks Investment Research
AI Rivals Are Also Chasing GrowthSoundHound competes in a rapidly evolving AI market alongside companies such as C3.ai (AI - Free Report) , BigBear.ai Holdings (BBAI - Free Report) and Innodata (INOD - Free Report) .
C3.ai remains a leading enterprise AI software provider focused on helping organizations deploy AI applications across industries. C3.ai continues to benefit from growing enterprise AI spending, and it has built strong relationships with government and commercial customers. However, C3.ai faces intense competition from both large software vendors and emerging AI companies.
BigBear.ai has carved out a niche in defense, intelligence and government markets. BigBear.ai is benefiting from rising demand for AI-enabled decision-making tools, while it continues expanding its presence in national security applications. However, BigBear.ai remains dependent on government contract activity and funding cycles.
Innodata has become an important player in AI data engineering and model training services. Innodata is benefiting from increasing demand for high-quality AI training data, and it continues to win business from leading AI developers. While Innodata operates in a different area of the AI ecosystem, it competes for investor attention as another high-growth AI stock.
How to Play SOUN StockSoundHound offers an attractive long-term growth story driven by expanding enterprise adoption, growing customer relationships, the OASYS platform launch and the pending LivePerson acquisition. The company is building a broader conversational AI ecosystem that could support significant revenue growth over the next several years.
However, investors must balance these positives against ongoing losses, rising investment spending, acquisition integration risks and worsening earnings estimates. While the stock trades at a premium valuation, profitability remains elusive and estimate revisions have moved in the wrong direction.
Given these factors, the current risk-reward profile appears unfavorable despite the company's promising growth prospects. This view is consistent with SoundHound's current Zacks Rank #4 (Sell), suggesting investors should remain on the sidelines until earnings trends and estimate revisions begin to improve.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
SANTA CLARA, Calif., June 18, 2026 (GLOBE NEWSWIRE) -- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and agentic AI, today released new data revealing that customer service leaders are beginning to see ROI on agentic AI as more businesses deploy AI agents to deal with consumer queries and transactions.
Key Takeaways SOUN cited Q1 analysis showing higher revenues at QSR locations using its drive-thru voice AI.SoundHound saw increased cross-selling activity and stronger adoption of SoundHound Voice Insight.Restaurants remain a key vertical for SOUN, given their high-volume and execution-sensitive operations. SoundHound AI, Inc. (SOUN - Free Report) is building a stronger case for restaurant automation, supported by early ROI evidence from its drive-thru voice AI deployments.
In the first quarter of 2026, management cited a major QSR customer analysis showing that locations deploying SoundHound’s drive-thru voice AI generated higher revenues than locations without the technology. The data point provides an early ROI reference for SOUN’s restaurant automation offering, particularly as operators focus on throughput, order accuracy and labor efficiency.
The restaurant opportunity is also broadening beyond order-taking automation. During the quarter, SoundHound cited increased cross-selling activity and stronger adoption of SoundHound Voice Insight, which provides operators with analysis of customer interactions and staff responses. These tools could support deeper customer relationships and broader account penetration over time.
Restaurants remain a relevant vertical for SoundHound because drive-thru operations are high-volume, labor-intensive and execution-sensitive. Automation that improves throughput and service consistency can offer a practical return on investment, particularly for quick-service operators focused on operational efficiency. SoundHound’s AI is designed to support order handling, improve service accuracy and assist employees in delivering faster service.
For SOUN, the key test is whether early customer evidence converts into broader restaurant rollout activity. If operators expand deployments across more locations and adopt adjacent analytics tools, the vertical could become a more meaningful contributor to SoundHound’s enterprise AI growth strategy.
SOUN’s Price Performance, Valuation & EstimatesSoundHound’s shares have lost 26.1% in the past year compared with the industry’s fall of 30.1%. At the same time frame, other industry players, including C3.ai, Inc. (AI - Free Report) , have declined 57.4%, while BigBear.ai Holdings, Inc. (BBAI - Free Report) has fallen 2.1%.
SOUN’s Stock One-Year Price Performance
Image Source: Zacks Investment Research
SOUN stock is currently trading at a discount. It is currently trading at a forward 12-month price-to-sales (P/S) multiple of 11.96, above the industry average of 11.89. Then again, other industry players, such as C3.ai and BigBear.ai, have P/S ratios of 6.67 and 12.11, respectively.
SOUN’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for SoundHound’s 2026 loss per share has widened from 9 cents to 18 cents in the past 60 days.
EPS Trend of SOUN Stock
Image Source: Zacks Investment Research
The company is likely to report dismal earnings, with projections indicating a 38.5% fall in 2026. Conversely, industry players like BigBear.ai are likely to witness growth of 69.5% year over year in 2026 earnings. C3.ai is likely to project a rise of 40% in fiscal 2027 earnings.
In the latest close session, SoundHound AI, Inc. (SOUN - Free Report) was up +2.3% at $7.12. The stock outpaced the S&P 500's daily gain of 1.09%. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq added 1.91%.
The company's stock has dropped by 17.63% in the past month, falling short of the Computer and Technology sector's gain of 0.22% and the S&P 500's gain of 0.29%.
Market participants will be closely following the financial results of SoundHound AI, Inc. in its upcoming release. The company is predicted to post an EPS of -$0.05, indicating a 66.67% decline compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $52.61 million, up 23.27% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.18 per share and a revenue of $233.14 million, representing changes of -38.46% and +38.02%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for SoundHound AI, Inc. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 18.3% fall in the Zacks Consensus EPS estimate. SoundHound AI, Inc. is currently a Zacks Rank #4 (Sell).
The Computers - IT Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 167, this industry ranks in the bottom 32% of all industries, numbering over 250.
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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Dutch Bros (BROS +7.61%) and Sweetgreen (SG +5.28%) have basically the same playbook in different food categories: Both are fast-growing chains that have built cult followings by making everyday coffee and salads feel like a lifestyle choice rather than just a snack. Both bet big on loyal superfans, rapid expansion, and making people feel like a part of a club rather than just customers.
Then again, they are far from the same company, especially from an investor's point of view. Dutch Bros is all about speed, convenience, and pure indulgence, offering a low ticket price, high volume, and quick transactions. Sweetgreen, on the other hand, leans into the premium health-conscious crowd with $15-plus salads and a high-tech ordering experience.
So Dutch Bros and Sweetgreen play related but distinct roles in today's food culture. But which stock is the better buy right now?
Today's Change
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5.28
%) $
0.45
Current Price
$
8.97
Sweetgreen's growth story is wilting When I dove into this head-to-head matchup, I expected a close call. I'm looking at two fast-growing chains, building out their restaurant networks nationwide with ambitious long-term goals. Right?
I mean, those things are certainly true for Dutch Bros. The coffee chain is expanding at a breakneck pace, with less than 1,200 locations today and a target of 2,029 restaurants in the year 2029. That works out to roughly 19% annual growth for three years, which sounds reasonable for a company that doubled its locations over the past five years. The build-out is easier because Dutch Bros sets up small drive-through boxes with long car lines but no dining areas to build, clean, and maintain.
Sweetgreen can't quite measure up to Dutch Bros' growth plans, though. The salad chain's revenue used to grow more than 20% per year but actually wilted to year-over-year revenue drops in the past three quarterly reports. The number of customers per restaurant fell 11% year over year in Q1 2026, alongside a product mix that was 2% less profitable. The company raised prices, but customers chose lower-priced items instead of paying up for their favorites.
Today's Change
(
7.61
%) $
5.00
Current Price
$
70.72
Both stocks trade at premium prices So far, Dutch Bros looks like a stronger success story. But that doesn't necessarily make it a buy. After all, even a great company's stock can get overvalued, making new investors start from a difficult entry point.
Some investors surely feel that way about Dutch Bros today. The stock trades at a lofty 105 times trailing earnings on June 15. It also fetches a 6.3 multiple to trailing sales, a multiple usually reserved for restaurant chains with lots of franchisees and asset-light operations. But Dutch Bros owns and operates 72% of its locations and keeps building more fully owned ones. The franchisor-grade multiples don't apply here. In short, Dutch Bros' drinks may be affordable, but the stock trades at a premium price.
What about Sweetgreen? Well, the company insists on owning every location, giving it full control over the operations while pocketing all profit (or accepting losses). In that light, its 1.6 price-to-sales ratio makes sense. But Sweetgreen's stock also trades at a juicy 71 times earnings, and management expects net losses in 2026 and 2027.
Image source: Getty Images.
Why I'd pick Dutch Bros over Sweetgreen This one isn't close. Dutch Bros is serving up consistent growth with a side of profitability, while Sweetgreen is still trying to figure out how to make fancy salads pay the bills. The financial scorecards tell the story: One company has $116 million in retained earnings; the other has torched $884 million more than it ever made. Spoiler alert: The profitable one serves lattes and energy drinks.
With 19% of Sweetgreen's float sold short, plenty of traders are betting the kale empire has more wilting ahead. And the analyst community agrees, rating Sweetgreen as a "hold" while Dutch Bros sports a "strong buy."
Sweetgreen may not be uninvestable forever, of course. If management can stabilize customer traffic, prove that its Infinite Kitchen automation reduces costs to a meaningful degree, and get back to positive sales growth, the salad stock would deserve another look.
But that's a turnaround thesis at this point, not a high-octane growth story. Dutch Bros is the stock I'd buy today.
The brand will bring its scratch-made salads, warm bowls, protein plates and wraps- including its new seasonal summer menu - to 341 11th Avenue South starting June 30, alongside a week of local partnerships and opening celebrations
NASHVILLE, Tenn.--(BUSINESS WIRE)--Sweetgreen, the mission-driven restaurant brand serving healthy food at scale, is bringing its first-ever Nashville location to 341 11th Avenue South in Nashville's Gulch neighborhood on June 30. The restaurant marks Sweetgreen's debut in Tennessee, and to celebrate, the brand will host a week of community activations and local partnerships starting opening day.
Open daily from 10 a.m. to 9 p.m., the 2,755-square-foot restaurant will offer Sweetgreen’s signature salads, warm bowls, protein plates, wraps and sides. Guests can enjoy fan favorites like the Harvest Bowl and Crispy Rice Bowl, alongside Sweetgreen’s new summer menu featuring the Tomato Panzanella, Picnic Bowl and Summer Market Bowl, as well as protein-forward offerings like the Caramelized Garlic Steak and Miso Glazed Salmon.
Sweetgreen's commitment to high-quality, sustainably sourced ingredients is reflected throughout the restaurant experience. From the open kitchen, where meals are prepared fresh daily, to the source board showcasing the farmers and growers behind its ingredients, every detail brings the brand's farm-to-fork mission to life.
Guests can order in-restaurant, online or through the Sweetgreen app, where they can join SG Rewards. Members earn 10 points for every eligible dollar spent, unlocking personalized offers, exclusive perks and free menu favorites. Get all the details about SG Rewards here.
“Choosing where to grow is one of the most important decisions we make, and Nashville was an easy one,” said Ryan Slemons, Chief Development Officer at Sweetgreen. “We're not just opening a restaurant here; we're investing in a community we believe in and planning to be a great neighbor for the long haul.”
Ahead of opening day, guests are invited to RSVP via Eventbrite for a sneak peek and complimentary meal on June 26 and 27.
Sweetgreen will then kick off a week of community activations at The Gulch, beginning with a grand opening event on Tuesday, June 30. Event details include:
Tuesday, June 30 (starting at 10 a.m.) – Grand Opening: A day of celebration featuring live music from Nick Howard, a Sweetgreen Prize Wheel featuring Rustler Hat Co., floral bouquets from Amelia’s Flowers and other exciting prizes! From 10 a.m. to 2 p.m., while supplies last.* Plus, the first 50 guests in line at 10 a.m. will receive a free entree (up to $20).** Thursday, July 2 (11 a.m. to 2 p.m.) – Custom Bandanas: Stop by for live bandana stitching from RangerStitch, custom keepsakes made on-site. Friday, July 3 (12 to 2 p.m.) – Sweet Treats: Cool down with a KOKOS Ice Cream cart pop-up on the patio. Saturday, July 11 (9 to 9:45 a.m.) – Wellness Event: Join us at Noble Park for a morning wellness event with Barre3 Nashville and Lululemon. All attendees will receive a Sweetgreen workout towel. RSVP via Eventbrite. While supplies last. Below terms apply.
Sweetgreen is proud to partner with Second Harvest Food Bank of Middle Tennessee, a nonprofit committed to ending hunger across the region. For every meal purchased on opening day, Sweetgreen will donate a bowl to Second Harvest to nourish people experiencing food insecurity in the Nashville community.
To learn more about Sweetgreen Nashville, its menu and its loyalty program, visit www.sweetgreen.com and follow @sweetgreen on Instagram, Facebook, X, TikTok and YouTube.
About Sweetgreen:
Sweetgreen (NYSE: SG) is on a mission to build healthier communities by connecting people to real food. Since 2007, the brand has reimagined what fast food can be: fresh, flavorful and built on real relationships with growers. Born at the farmers market, Sweetgreen’s supply chain now spans the country, still rooted in relationships with local farmers and growers. That foundation continues to guide its seasonal, chef-crafted menus across more than 285 locations nationwide, creating spaces where food, people and purpose come together.
Terms and Conditions:
All promotional items available in-store only at Sweetgreen Nashville (The Gulch). While supplies last. No purchase necessary. All times CT.
*For Prize Wheel: Available 10 a.m. to 2 p.m. or while supplies of prizes last, whichever is sooner. Void where prohibited. Official Rules apply here. Limit one spin per person.
**The first 50 guests will receive a complimentary entree (up to $20), on a first come, first served basis. Limit one per person. Ends 11 a.m. or when 50 entrees have been provided, whichever is sooner. Full terms at bit.ly/sg-terms.
Assets:
Images linked here
Photos Courtesy of Sweetgreen
Sweetgreen (SG +5.28%), the fast casual restaurant chain specializing in salads and warm bowls, went public at $28 per share on Nov. 18, 2021. It opened at $52 on the first day, reached a record high of $53 the following day, but now trades at around $9.
Sweetgreen initially impressed investors with its rapid same-store sales growth and ambitious expansion plans, but its growth eventually sputtered out. Let's see why it disappointed the market, and if it might bounce back in the future and deliver millionaire-making gains.
Image source: Getty Images.
What happened to Sweetgreen? Sweetgreen, which was founded in 2006, had already expanded from its first restaurant in Washington, D.C., to 130 locations across 13 states before its public debut. At the time, it was already serving 1.35 million customers and generating more than two-thirds of its sales from digital channels. It still owns and operates all of its stores rather than franchising them.
Sweetgreen carved out a niche in the fast-casual space with its health-conscious offerings, and its same-store sales, average unit volume (AUV, or average annual revenue per restaurant), and total revenue initially grew by double digits as it opened dozens of new stores per year.
Metric
2021
2022
2023
2024
2025
Total Revenue Growth
54%
38%
24%
16%
0%
New Store Openings
31
36
35
25
35
Same-Store Sales Growth
25%*
13%
4%
6%
(8%)
AUV Growth
20%*
12%
0%
0%
(8%)
Total Digital Revenue Percentage
67%
62%
59%
56%
62%
Data source: Sweetgreen. *Adjusted for temporary COVID-19 closures in 2020.
Unfortunately, that growth spurt ended over the past three years as inflation drove up its prices, more people worked remotely and ate lunch at home (instead of at their offices, which were closer to many of Sweetgreen's stores). Many consumers also thought its salads and bowls were overpriced, and that they were being nickel-and-dimed for additional toppings and customizations.
Sweetgreen then fell into the trap of opening more stores to boost revenue, but those new stores merely drove up its costs while failing to boost its AUV or same-store sales. Its turnaround efforts -- including an ill-fated attempt to automate all its stores with robots and increase portion sizes to attract more customers -- also backfired, crushing its margins. That's why the company has remained unprofitable ever since its public debut.
Today's Change
(
5.28
%) $
0.45
Current Price
$
8.97
For 2026, Sweetgreen expects that pain to continue with a 2%-4% decline in same-store sales. Analysts expect its total revenue to rise 4%, but new store openings will entirely drive that growth. Sweetgreen's stock only trades at 1.4 times this year's sales, but it deserves that discount because there aren't any catalysts on the horizon.
Sweetgreen is trying to stabilize its business by diversifying its menu and simplifying its pricing, but those efforts probably won't stop the bleeding. Therefore, I doubt its stock will revisit its all-time highs -- or deliver multibagger, millionaire-making gains -- within the next decade.
Victoria's Secret & Co. (NYSE:VSCO) could continue delivering strong earnings growth as sustained sales momentum supports margin expansion, according to Bank of America, which maintained its ‘Buy’ rating on the retailer.
Bank of America analysts wrote that recent sales trends have eased concerns about a potential slowdown following the company's first-quarter earnings beat and increased full-year guidance.
The analysts expect continued momentum to drive operating margin expansion and mid- to high-teens earnings-per-share growth over the next several years.
The firm said it believes Victoria's Secret can achieve a 10% EBIT margin by fiscal 2028 through expense leverage and a greater mix of full-price sales.
Bank of America's updated sensitivity analysis indicated that 8% total sales growth and a 10% operating margin in fiscal 2027 would produce earnings per share about 15% above its base-case forecast, which assumes 6% sales growth and a 9% operating margin.
The analysts also highlighted store productivity initiatives as a longer-term opportunity to improve profitability. Victoria's Secret has been remodeling stores under its "Store of the Future" concept, with remodeled locations generating double-digit sales increases despite operating with smaller footprints. Management aims to remodel half of its global store base by the end of fiscal 2027, leaving additional room for productivity gains beyond that period.
Bank of America maintained its $95 price target on the shares, citing expectations for several years of mid- to high-teens earnings growth driven by operating margin expansion.
Shares traded hands at about $80 on Wednesday afternoon, up about 48% so far in 2026.
Victoria's Secret & Co. (NYSE:VSCO) could continue delivering strong earnings growth as sustained sales momentum supports margin expansion, according to Bank of America, which maintained its ‘Buy’ rating on the retailer.
Bank of America analysts wrote that recent sales trends have eased concerns about a potential slowdown following the company's first-quarter earnings beat and increased full-year guidance.
The analysts expect continued momentum to drive operating margin expansion and mid- to high-teens earnings-per-share growth over the next several years.
The firm said it believes Victoria's Secret can achieve a 10% EBIT margin by fiscal 2028 through expense leverage and a greater mix of full-price sales.
Bank of America's updated sensitivity analysis indicated that 8% total sales growth and a 10% operating margin in fiscal 2027 would produce earnings per share about 15% above its base-case forecast, which assumes 6% sales growth and a 9% operating margin.
The analysts also highlighted store productivity initiatives as a longer-term opportunity to improve profitability. Victoria's Secret has been remodeling stores under its "Store of the Future" concept, with remodeled locations generating double-digit sales increases despite operating with smaller footprints. Management aims to remodel half of its global store base by the end of fiscal 2027, leaving additional room for productivity gains beyond that period.
Bank of America maintained its $95 price target on the shares, citing expectations for several years of mid- to high-teens earnings growth driven by operating margin expansion.
Shares traded hands at about $80 on Wednesday afternoon, up about 48% so far in 2026.
, /PRNewswire/ -- Integrated Research ("IR"), a leading global observability software provider, today announced that its UC&C observability solution, Collaborate, now supports NICE CXone, one of the world's most widely adopted cloud contact center platforms.
Part of the release of Prognosis 13.3, IR's core observability platform, Collaborate now offers enterprise teams a single place to monitor performance and customer journeys across CXone, bring‑your‑own‑carrier (BYOC) infrastructure, and multi‑vendor UC platforms such as Microsoft Teams and Webex.
"Contact centers live and die by the experiences they deliver, but those experiences rarely start and end on a single platform," said Ian Lowe, CEO of IR.
"By bringing NICE CXone into Collaborate, we're giving operations teams one clear, real‑time view of performance – from the first carrier hop to the agent's desktop – so they can find and fix issues before customers feel the impact."
Collaborate for NICE CXone: One true view
With Prognosis 13.3, Collaborate ingests and correlates telemetry from NICE CXone, BYOC SBCs, and UC platforms into a single high‑performance intelligence layer. This provides an end‑to‑end picture of each interaction, even as it moves between voice, digital channels and multiple systems.
Key capabilities include:
Multi‑source data aggregation – Collaborate pulls in SBC metrics, UC call flows and third‑party platform data alongside CXone events, giving operations teams one "source of truth" across their entire contact estate. Reporting built for operations – Real‑time and historical dashboards help teams track skills performance, team workload, agent utilization, queue wait times and contact outcomes in one place, without stitching together multiple tools. Customer‑centric analytics – Users can follow customer journeys across channels, analyze handle times, abandon rates and first‑contact‑resolution proxies, and pinpoint where interactions are breaking down. Pre‑emptive alerting – Threshold‑based alerts on wait times, queue volumes and agent utilization help IT and operations teams get ahead of potential SLA breaches, rather than reacting after customers complain. Historical depth – Prognosis 13.3 supports up to five years of history, enabling trend analysis, capacity planning and long‑range SLA reporting for complex environments. Deeper visibility into Call Detail Records
As part of the release of Prognosis 13.3, Collaborate introduces unified Call Detail Record (CDR) search, a single database with AI-powered search, giving deeper visibility into interactions across any vendor. AI powered insight at individual call level is significant as IT teams must assess performance and experience at individual call level to identify root cause and to remediate issues.
Using Iris, IR's conversational AI intelligence layer for multi‑vendor UC&C observability, teams can now search a single CDR database that spans CXone, UC platforms, SBCs and other vendors instead of querying separate systems.
"Iris is already changing the way enterprises use UC&C observability data to drive faster, better decisions," added Ian Lowe.
"Bringing that same AI‑driven experience to CXone and contact center analytics means leaders can spend less time hunting for data and more time improving journeys, agent productivity and overall business performance."
For more information about IR Collaborate and Prognosis 13.3, visit www.ir.com.
About IR
At IR, we power elite business performance. Trusted by the world's largest organizations for more than 30 years, our market-leading observability solutions are powered by Prognosis – the real-time intelligence platform built for multi-vendor infrastructure, UC&CX and payments environments. To find out more, visit www.ir.com.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Considering buying NICE stock? Here’s what analysts think:
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June 18, 2026 16:01 ET | Source: Geron Corporation
FOSTER CITY, Calif., June 18, 2026 (GLOBE NEWSWIRE) -- Geron Corporation (Nasdaq: GERN), a commercial stage biopharmaceutical company, today reported that, effective June 17, 2026, it granted stock options to purchase an aggregate of 690,000 shares of common stock to eight newly hired employees as an inducement material to such employees’ acceptance of employment with Geron.
The stock options have an exercise price of $1.23 per share, which is equal to the closing price of Geron’s common stock on the grant date, have a ten-year term and vest over four years, with 12.5% of the shares underlying the options vesting on the six-month anniversary of commencement of employment of such employee and the remaining shares vesting over the following 42 months in equal installments of whole shares, subject to continued employment with Geron through the applicable vesting dates.
The equity awards were granted by the Compensation Committee of Geron’s Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4) and are subject to the terms and conditions of Geron’s 2018 Inducement Award Plan and the form of stock option agreement under the plan.
About Geron
Geron is a commercial-stage biopharmaceutical company aiming to change lives by changing the course of blood cancer. Our first-in-class telomerase inhibitor RYTELO® (imetelstat) is approved in the United States and the European Union for the treatment of certain adult patients with lower-risk myelodysplastic syndromes with transfusion dependent anemia. We are also conducting a pivotal Phase 3 clinical trial of imetelstat in JAK-inhibitor relapsed/refractory myelofibrosis, as well as studies in other hematologic malignancies. Inhibiting telomerase activity, which is increased in malignant stem and progenitor cells in the bone marrow, aims to potentially reduce proliferation and induce death of malignant cells. To learn more, visit www.geron.com or follow us on LinkedIn.
CONTACT:
Dawn Schottlandt
Senior Vice President, Investor Relations and Corporate Affairs [email protected]
In this week’s edition of InnovationRx, we look at biotech M&A, the rise of India’s Anthem Biosciences, and more. To get it in your inbox, subscribe here.
Pharmaceutical M&A reached $65 billion in the first quarter, its highest number since 2020, according to new data from PwC.
getty
Healthcare M&A is surging. The pharma industry saw $65 billion in deals for the first quarter of 2026, the highest figure since 2020, with 16 of them for $1 billion or more, according to new data from accounting giant PwC.
One big reason for all the dealmaking is the looming patent expirations for blockbuster drugs, among them Merck’s Keytruda and Bristol Myers Squibb’s Opdivo, that will cut into pharma companies’ revenue. The desire to fill that gap helps explain why many of this year’s acquisitions so far–including Gilead’s $8.2 billion acquisition of cancer biotech Arcelix, Lilly’s $7.8 billion buy of neurology-focused Cantesa Pharmaceuticals and Merck’s $6.7 billion deal for oncology startup Terns Pharmaceuticals–involve next-generation modalities that would be expected to have a long patent runway.
Despite political pushback, big pharma’s rush to license therapies from China keeps going as that country’s biotechs have moved from fast followers to increasing innovation. As the report notes, these companies “are looking to China for truly innovative molecules across oncology, immunology, and metabolic disease.” Large buyers can also get more favorable deal terms from Chinese startups than from American and European ones, the report’s authors note.
Expect more M&A activity over the next six months. Not only do the big pharma companies have reason to buy, but increasingly biotechs may be looking to sell because the IPO window remains tight, and mostly confined to those startups with drugs that are either approved or nearly through the clinical process.
Inside The Rise Of India’s Anthem BiosciencesAnthem Biosciences founder Ajay Bhardwaj
HARSHITH DAMBEKODI FOR FORBES ASIA
Over a two-decade career at Indian biopharma firm Biocon, Ajay Bhardwaj had climbed the ranks to become a key member of the senior management team, overseeing marketing. His boss was the company’s founder and chairman, Kiran Mazumdar-Shaw, a pioneer in Indian biotech and the country’s first self-made woman billionaire.
But when he was passed over for a promotion, he quit. At age 46 and with two children to put through university, Bhardwaj ploughed all of his savings into Anthem Biosciences, a provider of outsourcing services to pharma companies for all stages of drug development, in 2006.“It was a huge gamble,” says Bhardwaj in a March interview at company headquarters in an industrial hub near Bangalore’s outskirts.
It was also a timely one. Confronted by spiraling costs and declining success rates of bringing a new drug to market, pharma companies had turned to outsourcing as a cost-effective way to speed up the process. According to an Anthem-commissioned 2024 report from research firm Frost & Sullivan, only one in 10,000 to 15,000 compounds in preclinical trials gets FDA approval, while the time it takes to develop a new drug has more than doubled to over 13 years since the 1970s. For American pharma companies, outsourcing to Indian firms can save 75% on R&D costs and 55% on manufacturing.
Bhardwaj's $9 million (at historical exchange rates) wager, funded by selling his 1% stake in Biocon and taking out a bank loan, has paid off several times over. Today, Anthem is one of India’s most valuable listed companies in the sector with a recent market cap of $4.5 billion. Its July 2025 IPO landed the 65-year-old founder on Forbes’ Billionaires list for the first time, with a net worth of $2.4 billion.
Now Bhardwaj is aiming for expansion, including earmarking funds to build a new factory near Bangalore, in an effort to nearly quintuple sales to $1 billion. Analysts estimate he could reach that goal in around seven years.
Read more here.
What We’re ReadingCompanies have been providing increased IVF benefits, a trend that’s likely to continue given the national political focus on birth rates.
The White House wants more doctors, but its immigration policies block them.
Fertility specialists and bioethicists are divided over a new approach to precisely edit the genes of human embryos and whether its result will be medical cures or designer babies.
Big Medicare insurers often deny requests for nursing-home stays, according to new federal reports.
Otsuka acquired psychiatric treatment biotech Transcend Therapeutics for $700 million.
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Tech Stocks Front Rebound After Fed-Fueled Market Slide; 4 Top Stocks In Or Near Buy Zones Granite Construction (GVA), HSBC Holdings (HSBC), Credicorp (BAP) and Cummins (CMI) all reached new 52-week highs Thursday. These names are in financials and industrials, two sectors that are rebounding. Three stocks are near buy points, and one is just out of a buy zone. Unlike so many other leading stocks, these four aren't technology companies. Stocks To Buy And Watch: Top IPOs, Big…
Hong Kong, Hong Kong--(Newsfile Corp. - June 19, 2026) - The 2026 International Automotive and Supply Chain Expo (Hong Kong) officially opened today. Under the theme "Luxury, Elevated to a New Realm", ZEEKR unveiled the global expansion strategy for its dual flagship 9-Series models — the ZEEKR 9X and ZEEKR 009 Grand.
As a key gateway connecting China with global markets, Hong Kong serves as an important benchmark for the premium automotive industry and a strategic platform for luxury brands expanding internationally. Launching the global strategy for the 9-Series in Hong Kong marks a significant new chapter in ZEEKR's growth across the global premium new energy vehicle market.
800,000 Deliveries Milestone Underscores ZEEKR's Global Growth Momentum
Strong market performance continues to support ZEEKR's expansion in the global premium new energy vehicle segment. As of June 16, 2026, ZEEKR's cumulative global deliveries officially exceeded 800,000 vehicles, marking a major milestone for the brand.
In Hong Kong, ZEEKR has maintained strong momentum. From January to May 2026, ZEEKR captured a 40.7% market share of Hong Kong's luxury vehicle segment, ranking first among all luxury automotive brands. The ZEEKR 009 ranked as Hong Kong's best-selling luxury MPV, while the ZEEKR 7X became the city's best-selling luxury SUV.
Across key international markets, ZEEKR continues to achieve strong results. In Thailand, the brand was the best-selling luxury pure-electric MPV brand in 2025 and retained its leadership position from January to May 2026. In Malaysia, ZEEKR ranked No.1 among luxury pure-electric brands during the same period, with the ZEEKR 7X leading the luxury electric SUV category and the ZEEKR 009 remaining the top-selling luxury electric MPV. In Australia, ZEEKR continued to lead the luxury SUV segment priced above AUD 65,000 from January to May. In Mexico, the ZEEKR 7X secured the monthly luxury EV sales title in both April and May.
At this year's expo, ZEEKR is showcasing five models spanning family mobility, executive transportation and flagship luxury, highlighting the breadth of its premium product portfolio.
The ZEEKR 9X, ZEEKR's new global flagship of ultra-luxury SUV, is built on the SEA-S architecture and features a 900V high-performance silicon carbide electric drive system delivering more than 1,030 kW of maximum power. Four integrated safety structures combined with extensive use of 2,000 MPa ultra-high-strength steel contribute to a torsional rigidity rating of 41,600 N·m/deg, setting a new benchmark for safety in the hybrid SUV segment. The ZEEKR 9X recently opened pre-sales in the Middle East, where it has received strong market interest. The model is scheduled to expand into key markets across Latin America, Central Asia and Europe.
The ZEEKR 009 Grand, the brand's global ultra-luxury four-seater flagship MPV, features a 720-degree comprehensive safety architecture and the world's first integrated die-cast C-ring cabin structure, delivering segment-leading rear-seat protection. The second row is equipped with two ultra-soft aniline leather executive seats featuring 20 massage points and an industry-leading seven-zone graphene heating system, creating an exceptional luxury experience for rear passengers. The right-hand-drive version of the ZEEKR 009 Grand is scheduled to launch in Hong Kong in the fourth quarter of 2026.
The ZEEKR 8X, a super hybrid high-performance flagship SUV, also makes its Hong Kong debut. Built on the SEA-S Super Hybrid Architecture, the ZEEKR 8X delivers a flagship experience across four key dimensions: performance, intelligence, safety and comfort.
Expanding Global Capabilities and Opening a New Chapter of Technology Luxury
As its product lineup continues to grow and its international footprint expands, ZEEKR is accelerating the development of a comprehensive global operating system spanning R&D, product planning, market operations and customer services. Today, ZEEKR's overseas business covers more than 60 major cities worldwide with a rapidly growing global user base.
As the global automotive industry accelerates toward electrification and intelligent mobility, the luxury vehicle market is entering a new era in which technological innovation is redefining the premium experience. Leveraging Hong Kong's position as a globally connected international hub, ZEEKR will continue to deepen its global presence and advance the evolution of luxury through innovation. Through cutting-edge technologies, exceptional products and comprehensive lifecycle services, ZEEKR is committed to delivering a distinctive technology-luxury mobility experience for customers around the world.
About ZEEKR
ZEEKR is a global technology brand focused on premium electric vehicles. Utilizing advanced software-defined architectures and cutting-edge propulsion technologies, ZEEKR is dedicated to creating a fully integrated user ecosystem with innovation at its core.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302163
Source: Hmedium
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SPCX stock is up. See the chart and price action here. ‘Your Mistake Is Trying To Understand SPCX’Retail investors are sharing their views, SpaceX predictions and investment strategies on Reddit Inc. (NYSE:RDDT).
‘No One Cares About Valuation’It looks like they are applying the same logic to SpaceX.
“No one cares about valuation when there are always people looking to speculate,” one commenter wrote.
“Tesla has been trading flat, so people will start pouring money into SpaceX. It’s not a long-term stock, just short-term speculation. Good PR is all you need.”
The underlying fundamental case is, at minimum, complicated.
Morningstar pegged SpaceX’s discounted cash flow value at $780 billion — less than half its IPO valuation of $1.77 trillion.
‘None of That Matters, Get In or Miss Out’One Reddit commenter went further with a pointed challenge: “Ask yourself why 60% of the world has slow internet and then ask if they can pay for Starlink.”
It’s a fair question. Analysts at Payload Space project Starlink will account for roughly 79% of SpaceX’s total 2026 revenue.
A company trading near $2 trillion is therefore largely a bet on whether a satellite internet service can penetrate markets that may lack the income to sustain it.
Reddit isn’t ignoring that, but it is pricing it differently.
“Lol no one is buying SPCX on fundamentals,” another commenter wrote. “You’re either fundamentally lying to yourself or fundamentally bad at maths.”
The bears got a similar reception. “You bears keep talking about the fundamentals as if they matter at all,” wrote one bull. “None of that matters, get in, or miss out.”
Whether that’s wisdom or recklessness depends, in part, on the time horizon — and on whether Elon Musk‘s next headline arrives before that trader's stop-loss does.
In the meantime, Defiance ETFs launched the Defiance Daily Target 2X Long SpaceX ETF (BATS:SPCU) — a 2x leveraged daily SPCX product — on Monday.
Wall Street, it turns out, is happy to sell the vibes right alongside retail.
SPCX Stock Price Activity: SpaceX stock was up 10.70% at $213.09 at the time of publication Tuesday, according to Benzinga Pro.
Photo: Thrive Studios ID / Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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@LikeFolio's Megan Brantley talks about social sentiment trends on Reddit (RDDT) as shares trade over 25% lower this year. She isn't as bullish heading into Reddit's current quarter earnings as the previous one because of a slight deceleration in ad revenue.
Key Takeaways Ultra Clean is benefiting from AI-driven chip spending and rising wafer fabrication equipment demand.UCT 3.0 supports factory optimization, capacity expansion and digital transformation efforts.Acquisitions expanded UCTT's fluid handling, precision components and contamination-control capabilities. Ultra Clean Holdings, Inc. (UCTT - Free Report) is benefiting from a balanced growth strategy that combines robust organic expansion with opportunistic buyouts. The company is well-positioned to capitalize on the next wave of semiconductor industry growth, fueled by healthy artificial intelligence (AI) spending, advanced chip manufacturing and expanding global fab investments.
AI-Driven Semiconductor Boom Fuels Organic GrowthUltra Clean's growth prospects remain closely tied to the semiconductor capital equipment market. The company operates as a critical supplier to the semiconductor equipment industry, providing high-purity subsystems, precision components and contamination-control services used in wafer fabrication processes. As chipmakers ramp up investments in advanced nodes and AI infrastructure, Ultra Clean stands to benefit from rising demand for wafer fabrication equipment.
The rapid adoption of generative AI applications is driving unprecedented demand for high-performance computing chips, GPUs and advanced memory solutions. This trend has triggered aggressive capital spending by semiconductor manufacturers to expand leading-edge production capacity.
UCT 3.0 Lends SupportUltra Clean’s products are embedded in semiconductor manufacturing equipment used for advanced logic and memory production. Increasing complexity at 3nm and 2nm nodes is driving higher subsystem content per tool, creating favorable growth opportunities for the company. It is benefiting from growing investments in advanced packaging and high-bandwidth memory technologies, both of which are essential for AI workloads.
The company is also making progress under its UCT 3.0 transformation strategy, which focuses on enhancing operational efficiency, improving manufacturing flexibility and strengthening its ability to support customer ramps. Capacity expansion initiatives, factory optimization efforts and digital transformation programs are expected to support future revenue growth while driving operational leverage.
Acquisitions Expand CapabilitiesUltra Clean has consistently expanded its technological and operational capabilities through acquisitions. The buyouts have broadened its addressable market while enhancing its ability to serve increasingly complex semiconductor manufacturing requirements.
The acquisitions of HAM-LET and HIS Innovations Group expanded the company's capabilities in high-purity fluid handling, precision-engineered components and contamination-control solutions. These buyouts have diversified Ultra Clean's product portfolio and broadened its exposure to attractive end markets.
Management continues to focus on integrating acquired businesses and realizing operational synergies. Cross-selling opportunities, manufacturing efficiencies and broader customer engagement are expected to contribute to long-term revenue and margin expansion.
Price PerformanceUltra Clean has surged a stellar 460.5% in the past year compared with the industry’s growth of 241.1%. It has outperformed peers like Veeco Instruments Inc. (VECO - Free Report) and Kulicke and Soffa Industries, Inc. (KLIC - Free Report) . While Veeco has gained 303.7%, KLIC jumped 234.3% over this period.
Image Source: Zacks Investment Research
Integrated Businesses Aid GrowthThe company’s dual business model further strengthens its growth profile. While its Products segment supplies critical subsystems and assemblies to semiconductor OEMs, its Services segment generates recurring revenue through ultra-high purity cleaning and contamination-control solutions for semiconductor fabs. As semiconductor manufacturing processes become increasingly sophisticated, demand for precision-engineered components and contamination management solutions continues to rise.
Investor TakeawayUltra Clean's ability to execute on both organic and inorganic growth initiatives remains a key differentiator. As semiconductor manufacturers increase investments to support AI and next-generation technologies, the company is expected to benefit from higher demand across its core businesses. At the same time, acquisitions are expanding its capabilities and strengthening its market position, providing an additional avenue for growth.
Ultra Clean currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
With a favorable Zacks Rank and healthy growth dynamics, Ultra Clean appears primed for further stock price appreciation. Consequently, investors are likely to profit if they bet on this high-flying stock now.
Investors in the semiconductor capital equipment sector often face a structural question about where value is created in the supply chain. The largest equipment manufacturers—companies such as Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) and Lam Research (NYSE:LRCX)—design and sell complete semiconductor manufacturing systems. Surrounding these firms is a large ecosystem of suppliers that provide subsystems, fluid delivery systems, precision components, robotics, and process control technologies that are integrated into those systems.
Because these suppliers participate directly in the manufacturing tools sold by the equipment companies, their revenue growth is closely tied to wafer fabrication equipment (WFE) spending cycles. This relationship has drawn renewed attention following recent earnings reports and analyst upgrades across several supply chain companies.
For example, following its fiscal fourth-quarter earnings beat, Needham raised its price target on Ultra Clean Holdings (NASDAQ:UCTT) to $70 from $50 on February 24 while maintaining a Buy rating. The firm cited improving customer forecasts and expectations for 15%–20% growth in wafer fabrication equipment spending, with a step-function increase anticipated later in the year. TD Cowen also raised its price target on UCTT to $70 from $35 while maintaining a Buy rating and highlighting strengthening demand expectations for leading-edge logic and DRAM, particularly high-bandwidth memory (HBM), which benefits deposition, etch, and CMP equipment suppliers. On the same day, Oppenheimer reiterated its Outperform rating on UCTT and raised its price target, citing strong guidance and a 2026 revenue growth outlook of roughly 15%–20%.
Such upgrades reinforce the view that subsystem suppliers tied to leading-edge semiconductor manufacturing are positioned to benefit from the next capital spending cycle in wafer fabrication equipment.
Yet the critical investment question remains unresolved. While suppliers participate in the growth of semiconductor capital spending, the equipment manufacturers themselves control the system architecture, the customer relationship with semiconductor fabs, and the majority of system-level revenue. Historically, this structural position has allowed equipment companies to capture a larger share of the value created during semiconductor capital spending cycles.
This article therefore examines a fundamental investment question within the semiconductor equipment ecosystem: is it better to invest in the equipment manufacturers themselves—Applied Materials and Lam Research—or in key suppliers within their supply chains such as MKS Instruments (NASDAQ:MKSI), Ultra Clean Holdings (UCTT), and Ichor Holdings (NASDAQ:ICHR)?
Pros and Cons of Investing in Smaller Supply Chain Companies
Supply chain companies are typically smaller than their major customers and can therefore offer potentially higher growth rates. Their products are often highly specialized and tightly integrated into the design of semiconductor manufacturing equipment. These relationships can create long-term customer partnerships and recurring revenue streams.
Subsystem suppliers also frequently possess niche technological expertise that makes them difficult to replace once their components are designed into a semiconductor tool platform. This dynamic can provide stable revenue opportunities during industry upcycles.
MKS Instruments differs somewhat from Ichor and Ultra Clean in that it serves multiple end markets including industrial, photonics, and life sciences applications. This diversification reduces reliance on semiconductor capital spending and can partially offset cyclicality in the semiconductor equipment sector.
However, investing in smaller supply chain companies carries significant risks. These firms are often heavily dependent on a small number of customers. If those customers experience order declines or adjust production schedules, the impact on supplier revenue can be immediate and severe.
Smaller companies also tend to have fewer financial resources and less pricing power than their larger customers. During semiconductor industry downturns, subsystem suppliers often experience sharper revenue contractions and more volatile earnings than the equipment manufacturers themselves.
Analysis of Applied Materials and Lam Research
Applied Materials and Lam Research are among the largest semiconductor equipment manufacturers in the world. According to Chart 1, which shows 2025 semiconductor equipment market share and is derived from my report entitled “Global Semiconductor Equipment: Markets, Market Share, Market Forecasts“, Applied Materials ranked second globally with approximately 18% market share while Lam Research ranked third with roughly 11% share.
Chart 1. Global Semiconductor Equipment Suppliers Top 10 2025
The scale of these market shares reflects not only the strength of the equipment companies themselves but also the extensive network of suppliers that provide the subsystems and components integrated into each tool platform.
These companies assemble complex semiconductor manufacturing systems using thousands of parts sourced from suppliers around the world. Subsystem providers supply critical technologies ranging from gas delivery systems and vacuum components to robotics, motion control systems, and precision machined parts.
According to Table 1, the diversity of suppliers supporting Applied Materials reflects the global nature of the semiconductor equipment supply chain.
Sales Analysis of Suppliers to Applied Materials and Lam Research Subsystem suppliers generate significant revenue from their largest customers, reflecting the highly integrated nature of semiconductor equipment manufacturing. Companies such as Ichor Holdings, Ultra Clean Holdings, and MKS Instruments provide subsystems that are designed directly into the equipment platforms of Applied Materials and Lam Research.
According to Table 2, revenue derived from these two equipment manufacturers represents a substantial portion of total sales for these suppliers. The table illustrates how dependent subsystem suppliers can be on a small number of equipment companies, which exposes them to fluctuations in tool demand but also allows them to benefit directly when equipment build rates increase during semiconductor capital spending upcycles.
The data illustrate the concentration risk inherent in the semiconductor equipment supply chain. While subsystem suppliers participate directly in equipment growth cycles, their revenues remain closely tied to the order patterns of a limited number of customers. When tool shipments rise, suppliers benefit from higher subsystem demand, but when capital spending slows, revenue declines can occur rapidly because of the limited diversification of their customer base.
Structural Value Capture in the Semiconductor Equipment Supply Chain The structural position of semiconductor equipment manufacturers within the value chain helps explain why they have historically delivered stronger financial performance than many of their subsystem suppliers. Equipment companies such as Applied Materials and Lam Research sell complete manufacturing systems directly to semiconductor fabs, often with average selling prices ranging from several million dollars to well over $100 million for advanced process tools.
Subsystem suppliers, by contrast, typically provide specialized components that represent only a fraction of the total system value. Fluid delivery systems, vacuum components, robotics, gas panels, and other subsystems are essential to tool performance, but they account for a relatively small portion of the final system price. As a result, suppliers generally operate with lower margins and have limited pricing leverage compared with the equipment manufacturers that control the overall system design.
Another important structural difference is the ownership of the customer relationship. Semiconductor manufacturers purchase equipment systems directly from companies such as Applied Materials and Lam Research, which maintain long-term service contracts and process integration partnerships with their customers. Subsystem suppliers, however, typically sell to the equipment companies rather than directly to the semiconductor fabs.
These structural dynamics help explain why the largest semiconductor equipment manufacturers often capture a disproportionate share of the financial returns generated during semiconductor industry upcycles.
According to Chart 2, share price performance over the past year reflects the strong recovery in semiconductor capital spending following the 2023 downturn. Lam Research and Applied Materials both benefited from accelerating demand for deposition and etch equipment tied to advanced logic, memory, and AI-related infrastructure. Suppliers such as MKS Instruments and Ultra Clean Holdings also participated in this recovery as tool build rates increased across major equipment manufacturers. However, the magnitude of performance across the group varies significantly, illustrating the differing levels of operating leverage and market exposure among the equipment companies and their subsystem suppliers.
AMAT data by YCharts
Chart 2. Share Price Performance – 6 Months
According to Chart 3, the longer three-year performance horizon provides a clearer view of how value has been captured across the semiconductor equipment supply chain. Over this period, the largest equipment manufacturers have generally outperformed their suppliers, reflecting their control of the system architecture, customer relationships with semiconductor manufacturers, and a larger share of the total system revenue. Subsystem suppliers such as Ichor Holdings and Ultra Clean Holdings remain highly leveraged to equipment demand, but their financial performance is more sensitive to cyclical fluctuations in tool shipments and customer concentration.
AMAT data by YCharts
Chart 3. Share Price Performance – 3 Years
Over a longer three-year period the performance divergence becomes more apparent, with the largest equipment manufacturers generally outperforming their suppliers.
Investor Takeaway The semiconductor equipment ecosystem illustrates a classic supply-chain investment dilemma. Suppliers participate in the growth of semiconductor capital spending and can experience significant revenue expansion during industry upcycles. However, the equipment manufacturers themselves control system architecture, customer relationships, and the majority of system-level revenue.
The historical share-price performance presented in this article suggests that the equipment manufacturers have captured a larger portion of the value created during semiconductor capital spending cycles.
While companies such as MKS Instruments, Ultra Clean Holdings, and Ichor Holdings remain important participants in the semiconductor manufacturing ecosystem, investors seeking exposure to long-term growth in wafer fabrication equipment spending may find that the system manufacturers—Applied Materials and Lam Research—have historically provided more consistent returns.
The Direxion Daily Semiconductor Bull 3X ETF (SOXL +19.43%) is soaring today. What started as a milder 16% opening-bell increase evolved into gains around the 20% mark from 11 a.m. ET to noon ET. The 3x leveraged version of the classic iShares Semiconductor ETF (SOXX +6.62%) reflects a swell of enthusiasm in the chip sector, based on several bullish developments.
Washington drops a semiconductor bombshell The biggest chip news of the day comes from Washington, D.C., not Silicon Valley. In a social media post, President Trump said that Apple (AAPL +0.86%) will set up an all-American semiconductor supply chain with Intel (INTC +10.75%) providing the manufacturing expertise.
Intel's stock surged more than 9% on the news, backed by broad gains across the chip sector. Some of the strongest jumps came from companies that make the equipment used in semiconductor manufacturing. The factories churning out Apple chips won't just build themselves, you know. For instance, Ichor Holdings (ICHR +10.24%) is up by 10.6% at 12:20 p.m. ET and Ultra Clean Holdings (UCTT +8.66%) gained 9.9%. The equipment makers are included in the SOXX and SOXL funds.
Image source: Getty Images.
A word of caution for the less adventurous Leveraged ETFs like SOXL amplify daily moves in both directions, making them popular tools for short-term traders but risky holdings for longer periods. The unlevered SOXX fund is up by 6.5%, approximately one-third of the SOXL jump. That should be enough volatility for most long-term investors.
As for the Intel-Apple partnership, the announcement came via social media post rather than a formal press release. The details remain fuzzy, and neither Intel nor Apple has confirmed Trump's social media post yet.
Still, chip investors are betting that American-made Apple silicon would be a big deal for Intel's foundry business and the entire domestic supply chain.
Anders Bylund has positions in Intel. The Motley Fool has positions in and recommends Apple, Intel, and iShares Semiconductor ETF. The Motley Fool has a disclosure policy.
Applied Optoelectronics stock is showing positive momentum. What should traders watch with AAOI? What Is Driving AAOI’s Recent Momentum?The latest bid in AAOI has been tied to renewed focus on optical interconnect demand for AI-scale data centers, with the idea that copper can become a bottleneck as "500K+ GPU factories" push more traffic toward optics. The stock has also been treated as a Russell 2000 "infrastructure of the AI grid" standout after over 900% gains over the past year, keeping momentum traders engaged beyond the mega-cap chip complex.
Applied Optoelectronics' setup is also being reinforced by the same "copper bottleneck" framing that helped drive that 9%+ jump earlier this week, keeping the trade centered on connectivity demand rather than just GPU headlines.
AAOI Critical Levels To WatchThe longer-term trend is still doing most of the talking: AAOI is up 908.31% over the past 12 months and remains far above its 100-day SMA ($120.92) and 200-day SMA ($75.48). Structurally, the 20-day SMA is above the 50-day SMA (bullish), and the golden cross from August 2025 keeps the big-picture trend biased higher unless key supports fail.
In the near term, the stock is trading 5.3% below its 20-day SMA ($178.53), but still 0.5% above its 50-day SMA ($168.26), which makes the $160s-$170s zone the current "decision area" for trend traders. The nearby levels to watch are:
Key Resistance: $173.50 — a nearby pivot area where rebounds can stall, sitting close to the stock's short-term consolidation zone Key Support: $160.50 — a nearby level where buyers previously stepped in, and a break would put more focus on the 50-day trend area RSI is the cleanest momentum lens right now: at 49.10, it's neutral, which fits a "reset" phase after the big run rather than an overheated chase. RSI measures how stretched buying or selling has become, and this reading suggests neither side has a clear momentum edge at the moment.
Applied Optoelectronics is a provider of fiber-optic networking products across four end markets: internet data center, CATV, telecom and FTTH. It designs and manufactures optical communications products at different levels of integration—from components and subassemblies to modules that can be used in turn-key equipment.
That matters for the current tape because the AI buildout story is increasingly shifting from just GPUs to the "connective tissue" inside and between data centers, where optical links can take share as bandwidth needs rise. The company supports this with manufacturing and R&D across the U.S., Taiwan, and China, coordinating closely with customers on product design, qualification and performance.
AAOI Stock Price Activity TodayAAOI Stock Price Activity: Applied Optoelectronics shares were flat at $170.80 at the time of publication on Wednesday, according to Benzinga Pro data.
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Donald Trump’s fortune is split between two very different businesses. One trades on Wall Street and lurches with the price of Bitcoin. The other is built from clubhouses, fairways, and resort suites. Over the past year the digital side has slumped while the golf side has boomed, and together they help anchor a net worth that Forbes now estimates at $6.5 billion.
The digital side stumbles The steepest losses come from Trump Media and Technology Group, the parent company of Truth Social. In 2025 the company reported a net loss of $712.3 million on just $3.7 million in revenue. Most of that loss was on paper, tied to a drop in the value of the cryptocurrency it had piled onto its balance sheet.
Searching for a workable model, the company kept reinventing itself. It built a Bitcoin treasury in 2025, announced a $6 billion all-stock merger with fusion-energy firm TAE Technologies in December 2025, and by early 2026 was weighing whether to spin off Truth Social altogether.
The shifts did little to steady the stock, which trades far below its 2024 debut. Forbes estimates the slide erased about $1.3 billion from Trump’s personal stake over the past year, leaving it worth roughly $1.2 billion.
The golf side booms Trump’s brick-and-mortar holdings have moved the other way. Forbes values his golf courses, owned and licensed, collectively in the neighborhood of $1 billion, a major pillar of his fortune.
The engine is rising operating profit. Combined operating profits across his ten U.S. golf clubs climbed from $19 million in 2020 to $66 million in 2024, lifted by a wave of new club memberships and steep initiation fees. Joining his marquee Bedminster club in New Jersey, for example, runs more than $350,000.
Mar-a-Lago cashes in on politics No property captures the mix of politics and hospitality better than Mar-a-Lago, Trump’s private club in Palm Beach. Forbes now values it at about $560 million.
The political bump is not new. In a 2016 deposition, Trump recalled his manager telling him it was the best year the club had ever had, crediting the presidential campaign. Business has only grown since.
Doral rebounds, Turnberry expands Trump National Doral near Miami has also recovered strongly. Trump refinanced the resort in May 2022 with a $125 million mortgage, and it remains one of his largest properties.
Across the Atlantic, Trump Turnberry in Scotland is adding to its golf offering with “Trump’s Twelve,” a new 12-hole Par 3 course built from the old Arran layout and due to open in 2026.
A casino payday in the Bronx The golf business has also delivered one-off windfalls. In 2023, Trump’s company sold its rights to run a public golf course in the Bronx to Bally’s for $60 million, with a clause promising more if a casino ever rose on the site. When New York regulators cleared Bally’s for a casino license in December 2025, that clause triggered an additional $115 million payment to the Trump Organization.
Two businesses, two trajectories The split tells a simple story. The market-traded, crypto-tied side of Trump’s empire swings hard with investor mood, while the golf courses, clubhouses, and resorts keep generating cash through the cycle. For now, the fairways are the steadier half of the fortune.
Smith & Wesson Brands delivered strong Q3 FY26 results, with revenue up 17.1% and significant growth in handguns. Recent stock outperformance (+38.2% since December) has erased the easy upside; SWBI is now rated 'Hold' due to valuation and industry headwinds. Handgun innovation and higher ASPs drove gains, but long gun sales and overall industry background checks are declining, signaling sector softness.
Q4 Net Sales of $178.4 MillionQ4 Gross Margin of 29.8% Q4 EPS of $0.36/ShareQ4 Cash from Operations of $74.6 millionMaryville, Tennessee--(Newsfile Corp. - June 17, 2026) - Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI), a U.S.-based leader in firearm manufacturing and design, today announced financial results for the fourth quarter and full fiscal year 2026, ended April 30, 2026.
Fourth Quarter Fiscal 2026 Financial Highlights
Net sales were $178.4 million, an increase of $37.6 million, or 26.7%, over the comparable quarter last year.
Gross margin was 29.8% compared with 28.8% in the comparable quarter last year.
GAAP net income was $16.2 million, or $0.36 per diluted share, compared with $8.6 million, or $0.19 per diluted share, for the comparable quarter last year.
Non-GAAP net income was $16.2 million, or $0.36 per diluted share, compared with $9.0 million, or $0.20 per diluted share, for the comparable quarter last year. GAAP to non-GAAP adjustments for income exclude costs related to the relocation. See the schedules that follow in this release for a detailed reconciliation.
Non-GAAP Adjusted EBITDAS was $30.9 million, or 17.3% of net sales, compared with $23.5 million, or 16.7% of net sales, for the comparable quarter last year.
Full Year Fiscal 2026 Financial Highlights
Net sales were $523.8 million, an increase of $49.2 million, or 10.4%, over the prior fiscal year.
Gross margin was 26.9% compared with 26.8% in the prior fiscal year.
GAAP net income was $18.5 million, or $0.41 per diluted share, compared with $13.4 million, or $0.30 per diluted share, for the prior fiscal year.
Non-GAAP net income was $18.4 million, or $0.41 per diluted share, compared with $14.6 million, or $0.33 per diluted share, for the prior fiscal year. GAAP to non-GAAP adjustments for income include costs related to the relocation, a gain on sale of certain real estate, and other costs. See the schedules that follow in this release for a detailed reconciliation.
Non-GAAP Adjusted EBITDAS was $69.2 million, or 13.2% of net sales, compared with $64.7 million, or 13.7% of net sales, for the prior fiscal year.
We paid $23.2 million in dividends compared with $23.1 million in the prior fiscal year.
We repaid $60.0 million on our revolving credit facility.
Mark Smith, President and Chief Executive Officer, commented, "Our excellent fourth quarter and full year fiscal 2026 results showcase our team's remarkable execution on our strategic priorities and the enduring power of our iconic brand. We delivered strong results across every dimension of our business – from revenue to profitability, and from cash flow to debt reduction. We outperformed our competitors in our core categories and achieved meaningful progress in segments that we hadn't historically competed in. The combined strength of our brand, our team, our disciplined strategic focus, and our strong balance sheet put us in an excellent position to continue creating long-term value for our stockholders."
Deana McPherson, Executive Vice President and Chief Financial Officer, commented, "Net sales for our fourth quarter of $178.4 million grew 26.7% above the prior year, with new products making up 37.5% of total revenue. Our outperformance was mostly driven by handgun shipments, which represented over 80% of our units shipped. Our handgun unit sales into the sporting goods channel increased 23.2% over the prior year, while NICS increased only 1.1%, with nearly no change in channel inventory, demonstrating strong consumer preference for our products. We expect firearm industry demand in fiscal 2027 to continue to be healthy and slightly higher than in fiscal 2026. Consistent with our capital allocation strategy, our board of directors has authorized a $0.13 per share quarterly dividend, which will be paid to stockholders of record on July 1, 2026, with payment to be made on July 15, 2026."
Conference Call and Webcast
The company will host a conference call and webcast on June 17, 2026 to discuss its fourth quarter and full fiscal 2026 financial and operational results. Speakers on the conference call will include Mark Smith, President and Chief Executive Officer, and Deana McPherson, Executive Vice President and Chief Financial Officer. The conference call may include forward-looking statements. The conference call and webcast will begin at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). Interested parties in North America are invited to participate by dialing 1-877-704-4453. Interested parties from outside North America are invited to participate by dialing 1-201-389-0920. Participants should dial in at least 10 minutes prior to the start of the call. A live and archived webcast of the event will be available on the company's website at www.smith-wesson.com under the Investor Relations section.
Reconciliation of U.S. GAAP to Non-GAAP Financial Measures
In this press release, certain non-GAAP financial measures, including "non-GAAP net sales," "non-GAAP gross profit," "non-GAAP gross margin," "non-GAAP operating expenses," "non-GAAP operating income," "non-GAAP net income," "Non-GAAP net income per share – diluted," "Adjusted EBITDAS," "Adjusted EBITDAS Margin," and "free cash flow" are presented. We use these non-GAAP financial measures to facilitate a comparison of our operating performance on a consistent basis from period to period that, when viewed in combination with our results prepared in accordance with GAAP, provides a more complete understanding of factors and trends affecting our business than does GAAP measures alone. We believe these financial measures assist our board of directors, management, investors, and other users of the financial statements in comparing our results on a consistent basis from period to period because it removes certain non-cash items and other items that we do not consider to be indicative of our core and/or ongoing operations. We believe it is useful for us and the reader to review, as applicable, both (1) GAAP measures that include (i) interest, (ii) income tax expense, (iii) depreciation and amortization, (iv) stock-based compensation expense, (v) an accrued legal settlement, (vi) Smith & Wesson Academy grand opening expenses, (vii) relocation expense, including non-recurring third-party wind-down net sales and cost of sales related to the closure of an immaterial manufacturing location that was shut down as a result of the relocation, (xiii) a gain on sale of certain real estate, and (ix) the tax effect of non-GAAP adjustments; and (2) the non-GAAP measures that exclude such information. We present these non-GAAP measures because we consider them an important supplemental measure of our performance. Our definition of these adjusted financial measures may differ from similarly named measures used by others. We believe these measures facilitate operating performance comparisons from period to period by eliminating potential differences caused by the existence and timing of certain expense items that would not otherwise be apparent on a GAAP basis. These non-GAAP measures have limitations as an analytical tool and should not be considered in isolation or as a substitute for our GAAP measures. The principal limitations of these measures are that they do not reflect our actual expenses and may thus have the effect of inflating our financial measures on a GAAP basis.
Change in Non-GAAP Financial Measure
Prior to fiscal 2026, our calculation of Adjusted EBITDAS included an adjustment for interest expense. Beginning with the fiscal 2026 presentation for all periods presented herein, we also included an adjustment for interest income such that Adjusted EBITDAS is fully adjusted for the effect of Interest expense, net as presented on the Consolidated Statements of Income. We believe that adjusting for both interest expense and interest income assists users of the financial statements in understanding the results of our core operations and comparing those results on a consistent basis from period to period.
For the three months and year ended April 30, 2026, this change resulted in a decrease of $593,000 and $2.4 million, respectively, in the amounts of Adjusted EBITDAS compared to the amounts that would have been reported using the previous methodology. For the three months and year ended April 30, 2025, the change also resulted in a decrease of $660,000 and $2.7 million, respectively, in the amounts of Adjusted EBITDAS compared to the amounts that were previously reported.
About Smith & Wesson Brands, Inc.
Smith & Wesson Brands, Inc. (NASDAQ Global Select: SWBI) is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality handgun, long gun, and suppressor products to the global consumer and professional markets under the iconic Smith & Wesson® and Gemtech® brands. Additionally, the company provides manufacturing services such as forging and machining to third parties and offers world-class firearm training programs to Law Enforcement/Military departments and civilians at the Smith & Wesson Academy™ in Maryville, TN. For more information call (844) 363-5386 or visit www.smith-wesson.com.
Safe Harbor Statement
Certain statements contained in this press release may be deemed to be forward-looking statements under federal securities laws, and we intend that such forward-looking statements be subject to the safe-harbor created thereby. Such forward-looking statements include, among others, that (i) the combined strength of our brand, our team, our disciplined strategic focus, and our strong balance sheet put us in an excellent position to continue creating long-term value for our stockholders; and (ii) we expect firearm industry demand in fiscal 2027 to continue to be healthy and slightly higher than in fiscal 2026. We caution that these statements are qualified by important risks, uncertainties, and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. Such factors include, among others, economic, social, political, legislative, and regulatory factors; the impact of tariffs; the potential for increased regulation of firearms and firearm-related products; actions of social activists that could have an adverse effect on our business; the impact of lawsuits; the demand for our products; the state of the U.S. economy in general and the firearm industry in particular; general economic conditions and consumer spending patterns; our competitive environment; the supply, availability, and costs of raw materials and components; our anticipated growth and growth opportunities; our strategies; our ability to maintain and enhance brand recognition and reputation; our ability to effectively manage and execute the relocation; our ability to introduce new products and the success of new products; the potential for cancellation of orders from our backlog; and other risks detailed from time to time in our reports filed with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended April 30, 2026.
SMITH & WESSON BRANDS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Unaudited)
As of:
April 30, 2026
April 30, 2025
(In thousands, except par value and share data)
ASSETSCurrent assets:
Cash and cash equivalents$28,190 $25,231
Marketable securities
5,162
—
Accounts receivable, net of allowances for credit losses of $5 on
April 30, 2026 and April 30, 2025
40,014
55,868
Inventories
156,250
189,840
Prepaid expenses and other current assets
7,170
6,260
Income tax receivable
4,617
66
Total current assets
241,403
277,265
Property, plant, and equipment, net of accumulated depreciation and
amortization of $397,668 on April 30, 2026 and $368,811 on April 30, 2025
238,643
242,648
Intangibles, net
1,956
2,409
Goodwill
19,024
19,024
Deferred income taxes
4,347
10,260
Other assets
7,393
8,006
Total assets$512,766 $559,612
LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:
Accounts payable$34,570 $26,887
Accrued expenses and deferred revenue
19,146
24,678
Accrued payroll and incentives
15,196
9,060
Accrued profit sharing
5,155
4,636
Accrued warranty
1,300
1,379
Total current liabilities
75,367
66,640
Notes and loans payable
19,121
79,096
Finance lease payable, net of current portion
32,163
33,703
Other non-current liabilities
9,556
7,719
Total liabilities
136,207
187,158
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value, 20,000,000 shares authorized, no shares
issued or outstanding
—
—
Common stock, $0.001 par value, 100,000,000 shares authorized,
44,605,993 shares issued and outstanding on April 30,
2026 and 75,789,455 shares issued and 44,111,461 shares
outstanding on April 30, 2025
45
76
Additional paid-in capital
2,776
298,075
Retained earnings
373,738
532,615
Treasury stock, at cost (no shares on April 30, 2026 and 31,677,994 shares
on April 30, 2025)
—
(458,312)Total stockholders' equity
376,559
372,454
Total liabilities and stockholders' equity$512,766 $559,612
SMITH & WESSON BRANDS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
For the Three Months Ended April 30,
For the Year Ended April 30,
2026
2025
2026
2025
(In thousands, except per share data)
Net sales$178,388
$140,762
$523,845
$474,661
Cost of sales
125,298
100,217
382,742
347,478
Gross profit
53,090
40,545
141,103
127,183
Operating expenses:
Research and development
2,452
1,962
10,304
9,567
Selling, marketing, and distribution
11,339
11,474
41,598
41,314
General and administrative
17,736
13,973
59,999
54,933
Gain on sale/disposition of assets, net
222
6
(9)
(2,515)Total operating expenses
31,749
27,415
111,892
103,299
Operating income
21,341
13,130
29,211
23,884
Other expense, net:
Other income/(expense), net
146
(6)
669
(17)Interest expense, net
(693)
(748)
(4,810)
(4,622)Total other (expense)/income, net
(547)
(754)
(4,141)
(4,639)Income before income taxes
20,794
12,376
25,070
19,245
Income tax expense
4,572
3,742
6,589
5,820
Net income$16,222
$8,634
$18,481
$13,425
Net income per share:
Basic - net income$0.36
$0.20
$0.42
$0.30
Diluted - net income$0.36
$0.19
$0.41
$0.30
Weighted average number of common shares outstanding:
Basic
44,533
44,040
44,420
44,484
Diluted
45,262
44,508
44,933
44,932
SMITH & WESSON BRANDS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
For the Year Ended April 30,
2026
2025
(In thousands)
Cash flows from operating activities:
Net income$18,481
$13,425
Adjustments to reconcile net income to net cash provided by/(used in)
operating activities:
Depreciation and amortization
31,311
31,845
Gain on sale/disposition of assets
(9)
(2,515)Deferred income taxes
5,913
(3,032)Stock-based compensation expense
8,350
7,609
Non-cash sublease income
(1,797)
(1,724)Other, net
(528)
(73)Changes in operating assets and liabilities:
Accounts receivable
15,854
3,203
Inventories
33,590
(29,340)Prepaid expenses and other current assets
(910)
(1,287)Income taxes
(4,551)
1,882
Accounts payable
5,367
Purchases of marketable securities
(4,634)
—
Payments to acquire patents and software
(93)
(187)Proceeds from sale of intangible assets
—
—
Proceeds from sale of property and equipment
235
2,619
Payments to acquire property and equipment
(23,748)
(21,605)Net cash used in investing activities
(28,240)
(19,173)Cash flows from financing activities:
Proceeds from loans and notes payable
25,000
75,000
Payments on loans and notes payable
(85,000)
(35,000)Cash paid for debt issuance costs
(219)
(941)Payments on finance lease obligation
(195)
(179)Payments to acquire treasury stock
—
(25,468)Dividend distribution
(23,229)
(23,096)Proceeds to acquire common stock from employee stock purchase plan
1,577
1,598
Payment of employee withholding tax related to restricted stock units
(930)
(1,126)Net cash used in financing activities
(82,996)
(9,212)Net increase/(decrease) in cash and cash equivalents
2,959
(35,608)Cash and cash equivalents, beginning of period
25,231
60,839
Cash and cash equivalents, end of period$28,190
$25,231
Supplemental disclosure of cash flow information
Cash paid for:
Interest, net of amounts capitalized$5,375
$5,193
SMITH & WESSON BRANDS, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES
(Dollars in thousands, except per share data)
(Unaudited)
For the Three Months Ended
For the Twelve Months Ended
April 30, 2026
April 30, 2025
April 30, 2026
April 30, 2025
$
% of Sales
$
% of Sales
$
% of Sales
$
% of Sales
GAAP net sales$178,388
$140,762
$523,845
$474,661
Relocation
—
—
—
(4,340)
Non-GAAP net sales$178,388
$140,762
$523,845
$470,321
GAAP gross profit$53,090
29.8%
$40,545
28.8%
$141,103
26.9%
$127,183
26.8%
Relocation expenses
(5)
516
(137)
3,346
Settlement
—
—
—
70
Non-GAAP gross profit$53,085
29.8%
$41,061
29.2%
$140,966
26.9%
$130,599
27.8%
GAAP operating expenses$31,749
17.8%
$27,415
19.5%
$111,892
21.4%
$103,299
21.8%
Relocation expenses
—
(26)
372
(612)
S&W Academy grand opening
72
—
(380)
—
Gain on sale of asset
—
—
—
2,257
Non-GAAP operating expenses$31,821
17.8%
$27,389
19.5%
$111,884
21.4%
$104,944
22.3%
GAAP operating income$21,341
12.0%
$13,130
9.3%
$29,211
5.6%
$23,884
5.0%
Settlement
—
—
—
70
Relocation expenses
(5)
542
(509)
3,958
S&W Academy grand opening
(72)
—
380
—
Gain on sale of asset
—
—
—
(2,257)
Non-GAAP operating income$21,264
11.9%
$13,672
9.7%
$29,082
5.6%
$25,655
5.5%
GAAP net income$16,222
9.1%
$8,634
6.1%
$18,481
3.5%
$13,425
2.8%
Settlement
—
—
—
70
Relocation expenses
(5)
542
(509)
3,958
S&W Academy grand opening
(72)
—
380
—
Gain on sale of asset
—
—
—
(2,257)
Tax effect of non-GAAP adjustments
20
(169)
34
(551)
Non-GAAP net income$16,165
9.1%
$9,007
6.4%
$18,386
3.5%
$14,645
3.1%
GAAP net income per share - diluted$0.36
$0.19
$0.41
$0.30
Settlement
—
—
—
—
Relocation expenses
—
0.01
(0.01)
0.09
S&W Academy grand opening
—
—
0.01
—
Gain on sale of asset
—
—
—
(0.05)
Tax effect of non-GAAP adjustments
—
—
—
(0.01)
Non-GAAP net income per share - diluted$0.36
$0.20
$0.41
$0.33
SMITH & WESSON BRANDS, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO NON-GAAP ADJUSTED EBITDAS
(in thousands)
(Unaudited)
For the Three Months Ended
For the Twelve Months Ended
April 30, 2026
April 30, 2025
April 30, 2026
April 30, 2025
GAAP net income$16,222
$8,634
$18,481
$13,425
Interest expense, net
693
13.7%
SMITH & WESSON BRANDS, INC. AND SUBSIDIARIESRECONCILIATION OF NET CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES TO FREE CASH FLOW
(In thousands)
(Unaudited)
For the Three Months Ended
For the Twelve Months Ended
April 30, 2026
April 30, 2025
April 30, 2026
April 30, 2025
Net cash provided by/(used in) operating activities$74,581
40,828
$114,195
$(7,223)Payments to acquire property and equipment
(4,834)
(7,291)
(23,748)
(21,605)Free cash flow$69,747
$33,537
$90,447
$(28,828)
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301791
Source: Smith & Wesson Brands, Inc
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
SWBI stock is moving. Watch the price action here. Smith & Wesson Q4 Details Smith & Wesson reported quarterly earnings of 36 cents per share, which beat the analyst estimate of 23 cents by 56.52%, according to Benzinga Pro data.
Quarterly revenue came in at $178.39 million, which beat the Street estimate of $155.27 million and was up from $140.8 million in the same period last year.
“Our excellent fourth quarter and full year fiscal 2026 results showcase our team's remarkable execution on our strategic priorities and the enduring power of our iconic brand,” said CEO Mark Smith.
“We delivered strong results across every dimension of our business — from revenue to profitability, and from cash flow to debt reduction,” Smith added.
SWBI Stock Price Activity: According to data from Benzinga Pro, Smith & Wesson stock was up 14.71% to $15.75 in Wednesday's extended trading.
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Smith & Wesson reported quarterly earnings of 36 cents per share, which beat the analyst estimate of 23 cents. Quarterly revenue came in at $178.39 million, which beat the Street estimate of $155.27 million.
Smith & Wesson Brands shares jumped 16.7% to $16.02 in pre-market trading.
Here are some other stocks moving in pre-market trading.
GainersLosersPhoto via Shutterstock
Market News and Data brought to you by Benzinga APIs
(Editor’s note: The headline, ETFs and economic data were updated.)
U.S. stock futures rose on Thursday, as the Dow Jones, Nasdaq 100, and S&P 500 indices advanced, following Tuesday’s sharp sell-off.
Weekly initial jobless claims edged down by 4,000 to a seasonally adjusted 226,000 for the week ending June 13, keeping layoffs historically low.
Meanwhile, the Philadelphia Fed manufacturing index staged a major turnaround, jumping more than 10 points to a positive 10.3 reading in June to snap a month of flatlined regional factory growth.
Thursday will mark the last trading day of this week, as the markets will be closed for Juneteenth National Independence Day on Friday.
Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.17%. The CME Group's FedWatch tool‘s projections show markets pricing a 72.2% likelihood of the Federal Reserve leaving the current interest rates unchanged during July’s meeting.
IndexPerformance (+/-)Dow Jones0.52%S&P 5000.86%Nasdaq 1001.47%Russell 20001.05%Stocks In FocusSpaceX Space Exploration Technologies Corp. (NASDAQ:SPCX) rose 0.36% in premarket on Thursday after it closed lower for the first time since its listing on its fourth trading day, on Wednesday. Smith & Wesson Brands Smith & Wesson Brands Inc. (NASDAQ:SWBI) surged 15.37% after posting better-than-expected fourth-quarter results after Wednesday’s closing bell. Benzinga’s Edge Stock Rankings indicate that SWBI maintains a strong price trend in the long and medium terms but a weak trend in the short term, with a poor growth score. Safe Bulkers Safe Bulkers Inc. (NYSE:SB) rose 3.40% after reporting better-than-expected first-quarter financial results after the closing bell on Wednesday. Benzinga’s Edge Stock Rankings indicate that SB maintains a strong price trend in the long and medium terms but a weak trend in the short term, with a solid quality score. Sleep Number Sleep Number Corp. (NASDAQ:SNBR) plunged by 55.90% as it disclosed that Nasdaq plans to delist its common stock following the mattress maker's recent Chapter 11 bankruptcy filing. Benzinga’s Edge Stock Rankings indicate that SNBR maintains a weak price trend in the short, long, and medium terms. Adobe Adobe Inc. (NASDAQ:ADBE) was up 0.60% as it announced Adobe Brand Visibility, a new solution for businesses to ensure their brand is visible, trusted, and chosen across AI surfaces. Benzinga’s Edge Stock Rankings indicate that ADBE maintains a weak price trend in the short, medium, and long terms, with a moderate value score. Freecast Benzinga’s Edge Stock Rankings indicate that CAST maintains a strong price trend in the short, long, and medium terms. Cues From Last SessionS&P 500 sectors all ended in the red, led down by communication services, consumer discretionary, and real estate, as U.S. stocks finished lower on Wednesday.
Insights From AnalystsScott Wren, Senior Global Market Strategist at Wells Fargo Investment Institute, provides an optimistic yet grounded outlook for the U.S. economy and stock market.
Regarding economic growth, Wren notes that from a “high altitude, we look for good GDP growth through the end of next year.”
While he anticipates that inflation will likely ease over the next 18 months, he cautions it will remain “higher on an annual basis than the Federal Reserve (Fed) desires through next year,” which will likely keep the Fed from adjusting interest rates anytime soon.
Given this backdrop, Wren remains bullish on corporate performance, stating, “We continue to favor equities over fixed income.”
He recommends directing new funds toward U.S. Large Cap and Mid Cap Equities, pointing to artificial intelligence secular trends and lower AI-related valuations in sectors like Industrials and Utilities.
Ultimately, Financials remain their “most favored sector,” and Wren anticipates that the “S&P 500 Index will post record earnings next year and reach the 8,600-8,800 range.”
Upcoming Economic DataHere's what investors will be keeping an eye on Thursday.
Commodities, Crypto, And Global Equity MarketsCrude oil futures were trading lower in the early New York session by 2.20% to hover around $75.10 per barrel.
Gold Spot US Dollar rose 0.71% to hover around $4,287.95 per ounce. Its last record high stood at $5,595.46 per ounce. The U.S. Dollar Index spot was 0.04% higher at the 99.5760 level.
Meanwhile, Bitcoin (CRYPTO: BTC) was trading 0.99% lower at $64,513.16 per coin, as per the last 24 hours.
Asian markets closed higher on Thursday, except Hong Kong's Hang Seng and Australia's ASX 200 indices. China’s CSI 300, India’s Nifty 50, Japan's Nikkei 225, and South Korea's Kospi rose. European markets were mixed in early trade.
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On June 17, 2026, Imperial Oil Ltd (IMO) shares fell 3.2% to a current price of $114.19. This decline adds to a 5.0% drop over the past week and a significant 1
Oxford Industries executives told investors the company was "on track" to meet guidance -- weeks before multiple insiders sold shares and the company cut its revenue outlook, sending OXM down 17% June 16, 2026 09:19 ET | Source: Levi & Korsinsky, LLP
NEW YORK, June 16, 2026 (GLOBE NEWSWIRE) -- Investors in Oxford Industries, Inc. (NYSE: OXM) lost approximately 17% per share after the company disclosed a weaker-than-expected FY 2026 revenue outlook, cutting its full-year midpoint to $1.49 billion and projecting Q2 sales roughly 5.8% below Wall Street estimates. If you lost money on OXM, submit your information now to discuss your legal rights. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
Weeks before the guidance cut became public, Oxford Industries told investors in a January 12, 2026 Form 8-K filed under Regulation FD that performance during the Holiday and Resort selling seasons was "on track to meet the low end of its previously issued guidance."
Shareholders who suffered losses on their Oxford Industries investment are encouraged to click here to get more information about the OXM investigation. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
WHY LEVI & KORSINSKY -- Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors.
Frequently Asked Questions About the OXM Investigation
Q: Who is conducting the OXM investigation? A: Levi & Korsinsky, LLP is investigating potential securities law violations on behalf of investors who purchased Oxford Industries (NYSE: OXM) securities and suffered financial losses. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.
Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether Oxford Industries made materially false or misleading statements regarding its revenue outlook, operational performance, and forward guidance. When the company subsequently cut its FY 2026 guidance and disclosed a Q2 outlook approximately 5.8% below consensus, the stock price declined 17%.
Q: Who is eligible to participate in the OXM investigation? A: Investors who purchased OXM stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: What do OXM investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.
Q: What if I already sold my OXM shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought OXM and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate? A: Nothing. Securities investigations and any resulting actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: Has Levi & Korsinsky handled similar cases before? A: Yes, including securities investigations involving revenue guidance issues, earnings misrepresentation, and executive misconduct across numerous industries.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Oxford Industries, Inc. cut its FY 2026 revenue guidance midpoint to $1.49 billion and projected Q2 sales roughly 5.8% below Wall Street estimates -- shares dropped 17% as investors repriced the stock.
, /PRNewswire/ -- Investors in Oxford Industries, Inc. (NYSE: OXM) lost approximately $7.16 per share when the stock fell 17% following the company's Q1 FY 2026 earnings release, which included a Q2 revenue projection roughly 5.8% below consensus estimates. Shareholders who lost money on OXM are encouraged to submit their information here. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
Oxford Industries published its Q1 FY 2026 results on June 10, 2026 via Form 8-K. Q1 revenue came in essentially flat year-over-year. The forward outlook drove the selloff: management projected Q2 FY 2026 sales approximately $390 million, falling roughly 5.8% short of the Street consensus. The full-year FY 2026 revenue guidance midpoint was reduced from $1.50 billion to $1.49 billion. Shares declined 17% in after-hours trading and the decline extended into the following session.
If you purchased Oxford Industries shares and suffered a loss, click here to discuss your legal rights with Levi & Korsinsky. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
ABOUT THE FIRM -- For over two decades, Levi & Korsinsky has represented shareholders in securities investigations and recoveries. Ranked in ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the OXM Investigation
Q: Who is eligible to participate in the OXM investigation?A: Investors who purchased OXM stock and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.
Q: How much did OXM stock drop?A: Shares fell approximately 17% -- a decline of roughly $7.16 per share -- after the company disclosed weaker-than-expected Q2 FY 2026 revenue projections and cut its full-year guidance midpoint. Investors who purchased shares at higher prices may be entitled to compensation.
Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Oxford Industries, Inc. made materially false or misleading statements regarding the company's revenue trajectory and forward outlook prior to the March 26, 2026 guidance reduction. When updated projections were disclosed, the stock price declined sharply.
Q: What do OXM investors need to do right now?A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.
Q: What does it cost me to participate?A: Nothing. Securities investigations are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What if I already sold my OXM shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought OXM and sold at a loss may still participate in the investigation.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Key Takeaways OXM posted Q1'26 EPS of $1.39, topping estimates.OXM expanded the gross margin to 63.4% on pricing, sourcing shifts and a higher DTC mix despite tariffs.OXM sees softer demand, guiding Q2 comps from a low-single-digit decline to flat amid brand divergence. Oxford Industries (OXM - Free Report) reported first-quarter fiscal 2026 results, marked by stable revenues and stronger-than-expected profitability, even as consumer caution and brand divergence weighed on the top-line momentum. Adjusted earnings of $1.39 per share beat the Zacks Consensus Estimate of $1.27 by 9.50%. The company reported revenues of $391.4 million, which topped the consensus mark of $390.20 by 0.30%.
Management highlighted an improved gross margin performance, driven by sourcing initiatives and pricing actions, even as tariff costs remained a significant headwind. However, weakening demand trends into April through early June and brand-specific execution issues at Lilly Pulitzer tempered the near-term outlook.
Margin Expansion Driven by Pricing & Sourcing ShiftChairman and CEO Thomas Chubb emphasized that profitability outperformance stemmed largely from gross margin resilience, supported by multi-year sourcing optimization, pricing architecture changes and a higher mix of direct-to-consumer sales.
The adjusted gross margin improved to 63.4%, with approximately $11 million in incremental tariff costs absorbed during the quarter. Management noted that without tariffs, margins would have expanded year over year, underscoring structural progress in cost efficiency.
CFO K. Grassmyer reinforced that lower freight costs and reduced promotional intensity also contributed to margin support. The company believes several of these improvements are structural, particularly sourcing changes and channel mix.
Tommy Bahama Leads Portfolio StrengthTommy Bahama remained the standout performer, with sales increasing nearly 4% year over year and mid-single-digit direct-to-consumer comps, driven by retail and e-commerce channels.
Chubb highlighted stronger execution in core men’s categories, such as Emfielder and Boracay, alongside a notable acceleration in women’s apparel, particularly pants and woven categories. Women’s DTC sales rose 7.5%, reflecting deeper penetration into a historically under-indexed segment.
The brand also saw improved cross-category engagement, with 30% of e-commerce orders including both men’s and women’s items, signaling stronger lifestyle bundling and customer stickiness.
Lilly Pulitzer Faces Assortment & Execution GapsLilly Pulitzer underperformed expectations, with sales declining nearly 9% year over year and mid-teen negative comps in e-commerce contributing to the weakness.
Management attributed the shortfall to merchandising missteps, including gaps at entry price points, an overemphasis on vintage prints and excessive novelty-driven assortment that reduced versatility for customers.
Chubb stressed that while external factors such as weather played a role early in the quarter, the core issues were internal execution-related. He emphasized that messaging, marketing and promotional adjustments can be addressed quickly, while assortment corrections will require longer product cycles.
Johnny Was Focuses on Profitability FirstJohnny Was continued its restructuring phase, with sales declining nearly 13% year over year due to weakness in wholesale channels and reduced exposure to struggling specialty retail partners.
Despite the top-line pressure, management emphasized meaningful improvement in the gross margin, driven by tighter inventory management, reduced promotions and improved merchandising discipline.
CFO Grassmyer noted that the turnaround strategy prioritizes profitability and operational control first, with expectations for better product alignment and potential stabilization in the second half of the year.
Outlook Tempered by Softening Demand TrendsManagement pointed to a clear deceleration in sales trends through April, May and early June, prompting a more cautious view of near-term demand.
For the fiscal second quarter, OXM expects low-single-digit negative to flat comparable sales, with full-year comps revised to slightly negative to slightly positive. Full-year net sales guidance was narrowed to $1.48-$1.51 billion, reflecting softer demand assumptions.
At the same time, EPS guidance was tightened to $2.30-$2.70, with improvements in the gross margin expected to partially offset weaker sales trends, particularly in the second half.
Portfolio Execution Hinges on Brand RebalancingManagement reiterated that portfolio performance is increasingly bifurcated, with strength in Tommy Bahama and Emerging Brands offset by softness in Lilly Pulitzer and transitional dynamics at Johnny Was.
The company’s focus remains on correcting merchandising issues, improving inventory discipline and optimizing channel mix toward direct-to-consumer growth. Leadership emphasized that brand equity remains intact across the portfolio despite execution variability.
Chubb stressed that the company has been deliberately avoiding short-term defensive moves that could compromise long-term brand health, instead prioritizing product relevance and customer engagement.
OXM’s Zacks Rank & Style ScoreOxford Industries currently carries a Zacks Rank #3 (Hold), reflecting a neutral stance amid mixed earnings estimate trends following the quarterly report. The system indicates stable but not accelerating earnings momentum at this stage.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Style Scores remain constructive, with a Value Score of A, a Growth Score of B, a Momentum Score of A and a VGM Score of A, suggesting the stock retains strong underlying quality characteristics across valuation and momentum factors.
While recent results and guidance adjustments may influence future estimate revisions, the Zacks Rank framework remains focused on the forward earnings trajectory, which may shift as analysts incorporate updated demand and margin expectations.
Trois-Rivieres, Quebec--(Newsfile Corp. - June 16, 2026) - RF Peinture (rfpeinture.com), a Quebec-based painting and coating restoration contractor, today announced the completion of an equipment investment program valued at approximately 400,000 dollars over the past three years. The investment expands the company's capacity for exterior coating restoration projects across residential, commercial, and industrial sites in Quebec.
A Three-Year Capital Program Focused on Performance and Safety
The investment program, initiated three years ago, was designed to upgrade the equipment used in exterior coating restoration and to support a higher operational standard on active job sites. According to the company, the program targeted three objectives: improving application quality, increasing site safety, and extending the durability of completed work.
Four Fully Equipped Trailers with Graco Spray Systems
RF Peinture now operates four trailers, each fully equipped with Graco spray systems integrated into a self-contained mobile setup. The configuration allows field crews to deploy directly to a project site with the equipment needed for the full application sequence. The company indicates that this arrangement supports consistency in application quality and reduces site setup time across project types.
The equipment investment includes:
Four trailers fully outfitted for exterior coating projectsGraco spray systems used as the primary application technology across the fleetA 60-foot aerial work platform acquired earlier this year for high-elevation projectsNew 60-Foot Aerial Platform for High-Elevation Work
Earlier this year, RF Peinture acquired a new 60-foot aerial work platform, expanding the company's autonomy on projects involving high-elevation work. The platform allows crews to access elevated surfaces without relying on subcontracted lift equipment, which the company expects will support both scheduling flexibility and safety control on larger-scale projects across Quebec.
Positioning for Larger and More Complex Projects
With the equipment program completed, RF Peinture indicates that its operational capacity now extends to projects of larger scope and greater elevation requirements than previously addressable. The company serves residential, commercial, and industrial markets in Quebec and continues to refine its application standards through the equipment now deployed.
"Looking back at the past three years, the equipment investment reflects how we wanted to structure the company for the next decade," said Felix Arseneault, Owner of RF Peinture. "The fleet we operate today is the result of a sustained capital effort, and it gives our teams the tools to deliver exterior coating restoration at a standard we set for ourselves."
For more information, visit rfpeinture.com.
About RF Peinture
RF Peinture (rfpeinture.com) is a Quebec-based contractor specialized in exterior coating restoration and painting for residential, commercial, and industrial projects. The company operates a fleet of four fully equipped trailers using Graco spray systems and a 60-foot aerial work platform, providing service across Quebec. RF Peinture's recent capital program, totalling approximately 400,000 dollars over three years, has expanded its capacity for large-scale and high-elevation projects.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300621
Source: Sitegrow
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Regions Financial offers preferred share series, RF.PR.E (fixed) and RF.PR.F (fixed-to-floating), addressing diverse investor risk and duration preferences. The Series E RF.PR.E trades at a significant discount to par, yielding ~6.9% in qualified dividends, and suits long-term or rate-moderation investors seeking higher duration exposure. The Series F RF.PR.F, with a 2029 coupon reset, yields ~6.9%, offers lower duration risk, and is appropriate for those concerned about rising interest rates.
Results to be issued pre-market open; executives to review results via webcast at 10 a.m. ET.
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) is scheduled to release its second quarter 2026 financial results on Friday, July 17, 2026.
Information will be accessible in the following formats:
A news release and additional materials will be made available on Regions’ Investor Relations website at ir.regions.com prior to market open on July 17. Also on July 17, Regions executives will discuss the results via an audio webcast beginning at 10 a.m. ET. The webcast will be accessible in real-time through ir.regions.com and will include an associated slide presentation to be reviewed by company executives. An archived recording of the webcast will be made available within ir.regions.com following the live Q&A with analysts. About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
Global Private Banker honors Regions Bank with Best Trust Services by a Private Bank and Best Wealth Planning Execution.
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Thursday announced its Private Wealth Management division earned two top industry honors at the 2026 Global Private Banking Innovation Awards, marking the second consecutive year Regions has received these recognitions.
What awards did Regions Private Wealth Management receive?
Regions Private Wealth Management was recognized for excellence in client service, innovation, and wealth planning strategies in the following categories:
Best Trust Services by a Private Bank:
This award recognizes Regions’ ability to deliver customized trust and fiduciary solutions aligned with clients’ long-term financial goals. Examples include:
Estate planning Wealth transfer strategies Fiduciary services Charitable giving Regions prioritizes a relationship-based approach toward long-term wealth preservation. Advisors remain in tune with clients’ evolving needs, and plans are adapted and refined over time both in response to clients’ preferences and market conditions.
Best Wealth Planning Execution:
This recognition highlights Regions’ planning-first approach, delivering integrated strategies across:
Business transition planning Executive compensation Philanthropic solutions Long-term wealth preservation Each strategy is designed to align with a client’s unique goals, values and financial objectives.
How does Regions Private Wealth Management approach wealth planning?
“Our advisors invest the time to understand what matters most to each client and turn those priorities into actionable wealth strategies,” said Leslie Carter-Prall, Head of Regions Private Wealth Management. “This recognition reflects the trust our clients place in us and the strength of our personalized approach to service.”
“Regions Wealth Management continues to grow by helping clients build, preserve, and transition wealth through thoughtful planning and innovative solutions,” added Bill Ritter, Head of Regions Wealth Management. “We’re honored to be recognized again for the work our teams do every day to support our clients for the long term.”
What are the Global Private Banking Innovation Awards?
Launched in 2009, the Global Private Banking Innovation Awards recognize excellence among private banking and wealth management organizations worldwide.
Awards are based on submissions reviewed by a panel of 25 industry professionals who consider:
Innovation Client service Growth strategies Performance and business achievements What other recognition did Regions Bank receive recently?
Regions Bank continues to receive industry recognitions across multiple lines of business, reflecting its deep commitment to customer service, innovation, and reputation.
Seamless service through digital banking Delivering greater convenience and innovation for business banking clients Fostering customer loyalty and a powerful brand reputation Further, Regions’ Institutional Services division within Regions Wealth Management was recently named to the National Association of Plan Advisors’ (NAPA) Top Defined Contribution Advisor Teams list. This recognition is awarded to firms providing retirement plan advisory services, fiduciary oversight and 401(k) solutions.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with approximately $161 billion in assets, is one of the nation’s largest providers of consumer banking, commercial banking, wealth management, and mortgage services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
Global Private Banker’s 2026 Global Private Banking Innovation Awards were announced on June 4, 2026. The award referenced herein was granted by Global Private Banker based on its stated judging methodology and the submission materials for the applicable review period, which Global Private Banker describes as including qualitative and quantitative evaluation of items such as innovation, client experience and engagement, financial and business performance, and corporate strategy. This recognition is not representative of any one client’s experience and is not a guarantee of future investment performance, advisory outcomes, or client satisfaction. Compensation: Fee paid to rating provider for advertising materials after rating announced.
Non-Deposit Products including Investments, Securities, Mutual Funds, Insurance Products, Crypto Assets, and Annuities Are Not FDIC Insured, Are Not Deposits, Are Not Bank Guaranteed, May Lose Value, Are Not a Condition of Any Banking Activity, Are Not Insured by Any Government Entity.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
Hudson Pacific Properties (HPP - Free Report) is a stock many investors are watching right now. HPP is currently sporting a Zacks Rank #1 (Strong Buy) and an A for Value. The stock holds a P/E ratio of 14.59, while its industry has an average P/E of 16.78. Over the past year, HPP's Forward P/E has been as high as 15.55 and as low as 4.61, with a median of 6.38.
HPP is also sporting a PEG ratio of 0.55. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. HPP's PEG compares to its industry's average PEG of 1.62. Over the past 52 weeks, HPP's PEG has been as high as 0.69 and as low as 0.53, with a median of 0.60.
Value investors will likely look at more than just these metrics, but the above data helps show that Hudson Pacific Properties is likely undervalued currently. And when considering the strength of its earnings outlook, HPP sticks out as one of the market's strongest value stocks.
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 On Holding (ONON - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
On Holding currently has an average brokerage recommendation (ABR) of 1.42, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 24 brokerage firms. An ABR of 1.42 approximates between Strong Buy and Buy.
Of the 24 recommendations that derive the current ABR, 19 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 79.2% and 4.2% of all recommendations.
Brokerage Recommendation Trends for ONON
Check price target & stock forecast for On Holding here>>>
The ABR suggests buying On Holding, 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.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of 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.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Should You Invest in ONON?In terms of earnings estimate revisions for On Holding, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.73.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market 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 #3 (Hold) for On Holding. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for On Holding.
Previewing the SpaceX (SPCX 3.44%) IPO earlier this year, I explained what investors should expect in three simple steps.
First: SpaceX IPO fever would make space stocks skyrocket -- and Intuitive Machines (LUNR +0.57%) raced ahead 71% in four months. Next: Investors would question whether they wanted to own a second-tier space stock like Intuitive at all, when industry leader SpaceX would soon go public. Finally: Investors would rush to sell other space stocks, and put the money in SpaceX instead. We're in this final stage now, and Intuitive Machines stock is down 23.5% since SpaceX's IPO.
Image source: Getty Images.
Intuitive's fall was a no-brainer Intuitive Machines stock dropped another 9% through 10:50 a.m. ET today -- while SpaceX stock gained 10%. This brings to mind the old advice "follow the money," except here, the money trail is so obvious you don't actually need to do much following.
Investors are pulling money out of Intuitive and pouring it into SpaceX stock instead.
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What's next for Intuitive Machines stock For Intuitive Machines investors (like me), this is discouraging -- but can Intuitive turn things around? According to data from StreetInsider.com, call options to buy Intuitive stock at higher prices are currently outrunning put options to sell by a 1.6-to-1 ratio.
That's not a huge difference. But it does suggest that some investors are expecting a turnaround.
You must admit there's a huge valuation gap between these two companies. Both Intuitive and SpaceX are unprofitable and burning cash. But Intuitive stock trades at less than 10x sales today, versus SpaceX stock that costs 130x its unprofitable sales.
In any world where math matters, this valuation gap should close over time, pushing SpaceX stock down... and Intuitive stock up.
Rich Smith has positions in Intuitive Machines. The Motley Fool has positions in and recommends Intuitive Machines. The Motley Fool has a disclosure policy.
Key Takeaways LUNR has secured NASA contracts spanning lunar transport, communications and infrastructure services.Intuitive Machines was selected for NASA's NSNS program to support Earth-Moon communications.LUNR shares have gained 36.3% in three months, while the industry declined 5.8%. Intuitive Machines, Inc. (LUNR - Free Report) is widely recognized for its lunar landing missions, but the company's relationship with NASA extends far beyond delivering payloads to the Moon. Over the past several years, Intuitive Machines has secured a growing portfolio of NASA contracts spanning lunar transportation, communications, navigation and infrastructure services.
The company's role began with NASA's Commercial Lunar Payload Services (“CLPS”) program, which was designed to leverage private-sector capabilities to deliver scientific instruments and technology demonstrations to the lunar surface. Through multiple CLPS task orders, Intuitive Machines has become one of NASA's primary commercial partners for lunar transportation. Successful mission execution not only generates revenues but also helps establish flight heritage and operational experience that may strengthen the company's competitive position for future lunar contracts.
Beyond transportation services, Intuitive Machines is expanding into communications infrastructure. NASA selected the company for its Near Space Network Services (“NSNS”) program, which aims to establish communications and data relay capabilities between Earth and the Moon. Reliable communications will be essential as lunar missions become more frequent and increasingly complex. By helping develop this network, Intuitive Machines is moving into a higher-value segment of the lunar economy that could support recurring service revenues over time.
The company's growing backlog reflects this opportunity. With multiple NASA programs already underway and additional lunar missions planned in the coming years, Intuitive Machines has established itself as more than a mission provider. It is increasingly becoming an infrastructure partner, helping NASA build the foundation for a permanent lunar economy.
Companies Supporting Critical Government Infrastructure ProgramsSeveral aerospace and engineering firms have built strong businesses by serving as long-term infrastructure partners for government agencies and major public-sector programs:
Leidos Holdings (LDOS - Free Report) provides engineering, technology, and mission-support services across defense, intelligence, and civil government agencies. The company benefits from long-standing customer relationships and recurring contract opportunities tied to critical national programs.
KBR, Inc. (KBR - Free Report) has decades of experience supporting NASA missions and government infrastructure projects. Its expertise in systems engineering, mission operations, and technical services has helped the company maintain a significant presence in space and defense programs.
LUNR Stock’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 earnings per share implies a decrease of 2.38% year over year.
Image Source: Zacks Investment Research
LUNR Stock Trades at a PremiumIn terms of valuation, LUNR’s forward 12-month price-to-sales (P/S) is 5.65X, a premium to the industry’s average of 2.58X.
Image Source: Zacks Investment Research
LUNR Stock’s Price PerformanceIn the past three months, the company’s shares have risen 36.3% against the industry’s 5.8% decline.
Key Takeaways Intuitive Machines is developing communications and navigation systems for future lunar operations.LUNR is leveraging lunar mission experience to support spacecraft, payloads and surface connectivity.Expanding lunar communications capabilities broadens the company's role across the lunar value chain. Intuitive Machines, Inc. (LUNR - Free Report) continues to strengthen its position in the emerging lunar economy through investments in space communications and navigation infrastructure. As lunar exploration activities rise, reliable communications networks are becoming increasingly important for supporting spacecraft, scientific payloads and future surface operations. The company is leveraging its experience in lunar missions to build capabilities that can support long-term operations beyond Earth.
Expanding communications and navigation infrastructure around the Moon could create an important long-term growth opportunity for Intuitive Machines. Future lunar missions will require reliable systems for transmitting data, supporting navigation and maintaining connectivity between spacecraft, surface assets and mission operators. By developing capabilities in this area, the company is positioning itself to participate in a foundational layer of future lunar operations.
LUNR’s efforts also align with its broader space systems capabilities. Beyond lunar transportation services, Intuitive Machines develops space-related technologies and systems that support exploration missions and long-duration operations. Expanding communications and navigation capabilities allows the company to participate in another important layer of the lunar value chain while creating additional opportunities for future growth.
As interest in lunar exploration continues to increase, dependable communications infrastructure is expected to become an essential requirement for mission success. By expanding its capabilities in this area, Intuitive Machines is positioning itself to support future lunar operations while strengthening its role in the evolving space economy.
Companies Expanding Space Communications CapabilitiesGrowing demand for space-based communications and mission connectivity continues driving investment across the aerospace sector. Companies like AST SpaceMobile, Inc. (ASTS - Free Report) and Iridium Communications Inc. (IRDM - Free Report) are also advancing communications technologies that support space-based connectivity and network services.
AST SpaceMobile is developing a space-based communications infrastructure designed to expand direct connectivity capabilities through satellite networks.
Iridium Communications operates a global satellite communications network that provides voice and data services across the government, commercial and industrial markets.
Earnings Estimates for LUNRThe Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests a year-over-year decline of 2.38% and growth of 96.06%, respectively.
Image Source: Zacks Investment Research
LUNR Stock Trading at a PremiumLUNR is trading at a premium relative to the industry, with a forward 12-month price-to-sales of 4.98X compared with the industry average of 2.64X.
Image Source: Zacks Investment Research
LUNR Stock Price PerformanceOver the past year, LUNR shares have surged 123.6% compared with the industry’s 7.3% growth.
Image Source: Zacks Investment Research
LUNR’s Zacks RankLUNR currently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Space Exploration Technologies (SPCX 3.44%), priced at $135 per share on June 11, opened at $150, and closed its first trading day at $160.95 -- a 19% gain that pushed its market capitalization to $2.1 trillion and made it the sixth-largest company in the United States.
Now, as of June 17, the ticker is trading over $196 a share. The $75 billion raised was the largest initial public offering (IPO) in history, eclipsing Saudi Aramco's 2019 record. All that capital isn't going to sit in a vault. It goes into Starship production, Starlink constellation expansion, Terafab manufacturing, and orbital infrastructure at a scale that was simply not possible before.
The companies that build for that spending, orbit alongside it, or sit on extraordinary hidden value tied to SpaceX's public valuation are now positioned to benefit directly. Here are five.
Image source: Getty Images.
1. Alphabet (Google) In 2015, Alphabet (GOOG +1.58%) (GOOGL +1.29%) invested $900 million in SpaceX as part of a $1 billion round. That stake -- now sitting at 6.11% of SpaceX -- is worth approximately $122 billion at the current $2 trillion valuation. For context, that single private holding is worth more than Alphabet's entire annual net income.
Until last week, this value was locked away on a balance sheet that accounting rules forced Alphabet to carry at a fraction of its actual worth. Now that SpaceX is public, that stake is marked to market every single trading day. Alphabet didn't just benefit from SpaceX going public, it crystallized one of the most extraordinary unrealized gains in corporate history.
Investors buying Alphabet today are getting a company that dominates search, cloud, and AI, with $122 billion in SpaceX exposure alongside it.
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2. Rocket Lab Rocket Lab (RKLB 0.53%) is the purest-play beneficiary because it serves a part of the launch market that SpaceX can't. SpaceX is optimized for large payloads and mega-constellations. Rocket Lab's Electron rocket targets small satellites and dedicated missions that need precision orbital insertion. This is a market that grows directly alongside the commercial space economy SpaceX is creating.
The company is building out its Neutron medium-lift rocket, developing its own spacecraft components, and has signed contracts worth close to $1 billion that validate its position as the second serious launch provider in the world. As SpaceX's IPO rerates the entire sector and draws institutional capital into space infrastructure, Rocket Lab sits in the most natural position to capture that attention.
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3. Kratos Defense Every satellite SpaceX launches needs a ground system to operate. Kratos Defense & Security Solutions (KTOS 3.47%) builds those systems, and its OpenSpace platform is the industry's dominant commercial software-defined satellite ground solution -- already deployed by Intelsat, SSC Space, and others. In April, it received a $446.8 million Space Systems Command contract to build the ground architecture for the U.S. military's next-generation missile warning constellation.
SpaceX's $75 billion in IPO proceeds go toward more Starlink satellites, more launches, and more orbital infrastructure. All of that creates more demand for the ground networks that talk to it. Kratos is the picks-and-shovels play that most investors haven't found yet.
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4. Intuitive Machines Intuitive Machines (LUNR +0.57%) is the only commercial space company that has successfully landed on the Moon, and it is building the communications and logistics infrastructure that makes the lunar economy possible -- an economy that SpaceX's Starship is central to creating. Its first-quarter 2026 backlog hit $1.055 billion, and the company is acquiring Goonhilly Earth Station to build a permanent deep-space communications network. Intuitive Machines flies its landers on Falcon 9 rockets. Every time SpaceX deploys Starship for lunar missions, Intuitive Machines' role grows.
5. AST SpaceMobile AST SpaceMobile (ASTS 5.49%) decided, after losing a satellite on a competitor's rocket, to move its next three BlueBird satellites to a SpaceX Falcon 9 launch, targeted for mid-June 2026. That's a real vote of confidence. AST is building a space-based cellular broadband network that connects standard smartphones to satellites, with commercial agreements with AT&T and Vodafone.
SpaceX's IPO didn't create AST's opportunity, but it supercharged the sector narrative around satellite-based connectivity, which AST competes in at a different layer than Starlink. As SpaceX draws institutional attention to what becomes possible when orbital infrastructure scales, AST SpaceMobile captures some of that re-rating in a market that is still figuring out what the company is worth.
TEM weekly chart shows potential double bottom near 78.6% Fibonacci retracement zone In addition, a downtrend line across recent highs that was again confirmed on Tuesday as a resistance area. Since the line was touched or almost touched more than several times, including today, it suggests that a decisive breakout of the pattern may initially be indicated on a move above that line. However, the lower swing high of $54.75 provides a horizontal level to signal an upside breakout. Tuesday’s breakout failed to confirm with a closing price below the top boundary line.
Tuesday’s Missed Breakout and Momentum Shift The 100-day moving average is near $51.55 currently and the low for Tuesday was $51.18. That means most of Tuesday’s trading range held above the 100-day moving average for the first time since it broke below it as support on November 6. This is a sign of improving short-term bullish momentum. Moreover, with TEM now poised for a possible upside breakout, major moving averages are aligned below price and are providing trend support.
Breakout Level and Recovery Target A decisive breakout above $54.75 may signal the next leg of recovery for TEM. An initial target is near the 200-day moving average at $64.54, but a confirmed trend reversal signal would suggest that the 200-day moving average could be reclaimed given the long-term nature of the current bottoming pattern.
