Bank of Nova Scotia raised its position in ServiceNow, Inc. (NYSE:NOW – Free Report) by 53.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,018,036 shares of the information technology services provider’s stock after acquiring an additional 353,749 shares during the period. Bank of Nova Scotia owned approximately 0.10% of ServiceNow worth $106,436,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of ServiceNow by 1.1% during the fourth quarter. Brighton Jones LLC now owns 2,753 shares of the information technology services provider’s stock valued at $2,919,000 after buying an additional 30 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of ServiceNow by 4.2% in the 2nd quarter. Sivia Capital Partners LLC now owns 837 shares of the information technology services provider’s stock worth $861,000 after acquiring an additional 34 shares during the last quarter. United Bank lifted its position in ServiceNow by 15.5% in the 2nd quarter. United Bank now owns 1,519 shares of the information technology services provider’s stock valued at $1,562,000 after acquiring an additional 204 shares in the last quarter. Riggs Asset Managment Co. Inc. lifted its position in ServiceNow by 2.2% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 1,922 shares of the information technology services provider’s stock valued at $1,976,000 after acquiring an additional 42 shares in the last quarter. Finally, Nebula Research & Development LLC boosted its stake in ServiceNow by 205.1% during the 2nd quarter. Nebula Research & Development LLC now owns 906 shares of the information technology services provider’s stock valued at $931,000 after purchasing an additional 609 shares during the last quarter. 87.18% of the stock is owned by institutional investors and hedge funds.
ServiceNow Stock Performance Shares of NOW stock opened at $92.15 on Friday. The firm has a market cap of $95.00 billion, a price-to-earnings ratio of 57.59, a P/E/G ratio of 1.60 and a beta of 0.96. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.84 and a current ratio of 0.84. ServiceNow, Inc. has a 52 week low of $81.24 and a 52 week high of $210.20. The firm’s 50-day simple moving average is $104.70 and its two-hundred day simple moving average is $107.77.
ServiceNow (NYSE:NOW – Get Free Report) last released its earnings results on Wednesday, July 22nd. The information technology services provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.04. ServiceNow had a net margin of 11.34% and a return on equity of 16.63%. The firm had revenue of $3.99 billion during the quarter, compared to the consensus estimate of $3.93 billion. During the same period in the prior year, the firm earned $0.81 EPS. The company’s revenue was up 24.0% compared to the same quarter last year. As a group, equities analysts forecast that ServiceNow, Inc. will post 2.33 earnings per share for the current year.
Analyst Ratings Changes NOW has been the subject of a number of recent research reports. Raymond James Financial decreased their price objective on ServiceNow from $160.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Bank of America started coverage on ServiceNow in a report on Monday, May 18th. They set a “buy” rating and a $130.00 price target for the company. Argus lowered their price target on ServiceNow from $180.00 to $134.00 and set a “buy” rating for the company in a research report on Friday, April 24th. Jefferies Financial Group restated a “buy” rating and set a $140.00 price objective (up from $135.00) on shares of ServiceNow in a research note on Thursday. Finally, Weiss Ratings downgraded shares of ServiceNow from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $143.39.
Read Our Latest Stock Analysis on ServiceNow
Insider Activity at ServiceNow In other ServiceNow news, Director Anita M. Sands sold 16,445 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $90.14, for a total transaction of $1,482,352.30. Following the completion of the transaction, the director directly owned 30,090 shares of the company’s stock, valued at approximately $2,712,312.60. This represents a 35.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul Edward Chamberlain sold 1,500 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $87.23, for a total value of $130,845.00. Following the completion of the sale, the director directly owned 44,930 shares of the company’s stock, valued at $3,919,243.90. This represents a 3.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 19,144 shares of company stock worth $1,730,097. Insiders own 0.34% of the company’s stock.
Key ServiceNow News Here are the key news stories impacting ServiceNow this week:
Positive Sentiment: ServiceNow beat Q2 earnings and revenue estimates, showing that demand for its workflow and AI products remains healthy. Positive Sentiment: The company raised its annual subscription revenue forecast again, which signals management confidence in continued growth. Positive Sentiment: AI-related momentum was a major highlight, with AI contract value topping $1 billion and multiple reports saying customers are adopting ServiceNow’s AI platform more aggressively. Positive Sentiment: Several analysts turned more constructive after earnings, including price-target increases and reaffirmed buy/overweight ratings. Neutral Sentiment: New partnerships and customer wins, including Experian, Leidos, TeamViewer, and Exclusive Networks, support the long-term platform story but are less likely to move the stock immediately. Article Title Negative Sentiment: Some investors remain worried that new AI tools from OpenAI and others could pressure legacy enterprise software, which has created volatility even after the earnings beat. ServiceNow Company Profile (Free Report)
ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.
The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.
Featured Stories Five stocks we like better than ServiceNow Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding NOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ServiceNow, Inc. (NYSE:NOW – Free Report).
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LOS ANGELES, July 24, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Intuit Inc. (“Intuit” or “the Company”) (NASDAQ: INTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between August 22, 2025 and May 20, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before September 8, 2026.
, /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Intuit Inc. (NASDAQ: INTU) securities between August 22, 2025 and May 20, 2026, both dates inclusive (the "Class Period"), have until September 8, 2026 to seek appointment as lead plaintiff of the Intuit class action lawsuit. Captioned Baldwin v. Intuit Inc., No. 26-cv-07086 (N.D. Cal.), the Intuit class action lawsuit charges Intuit as well as certain of Intuit's top executive officers with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Intuit class action lawsuit, please provide your information here:
You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].
CASE ALLEGATIONS: Intuit provides financial management, payments and capital, compliance, and marketing products and services.
The Intuit class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) they had overstated Intuit's competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (ii) in reality, Intuit was losing significant business in its tax-related business, particularly in its Turbo Tax business, as a result of, among other things, increasing competitive and pricing pressures; and (iii) accordingly, Intuit's previously issued 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic.
On May 20, 2026, during pre-market hours, Reuters published an article entitled "Intuit to cut 17% of global jobs to streamline operations, memo shows," allegedly reporting that Intuit "is laying off about 17% of its workforce, or about 3,000 employees worldwide." On this news, the price of Intuit stock dropped nearly 4%, according to the complaint.
Later that day, during post-market hours, Intuit issued a press release announcing its fiscal third quarter 2026 results, allegedly reporting weak Q3 2026 tax season revenue, including that TurboTax revenue grew by only 7% year-over-year versus consensus estimates of at least 8% revenue growth. The Intuit class action lawsuit further alleges that on an accompanying conference call that day, Sasan K. Goodarzi, Intuit's Chairman and CEO, disclosed that TurboTax online paying units were expected to grow by only 2% as total Internal Revenue Service filers were expected to decline by approximately 30 basis points, representing the "most significant industry-wide contraction since the post-COVID tax season." On this news, the price of Intuit stock dropped over 20%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Intuit securities during the Class Period to seek appointment as lead plaintiff in the Intuit class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Intuit class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Intuit class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Intuit class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
Lockheed Martin Q2 Earnings Call RevelationSpeaking on the company’s second-quarter earnings call, CEO Jim Taiclet described what may be one of the biggest strategic shifts underway at the world’s largest defense contractor. Rather than waiting for formal Pentagon requests, Lockheed is increasingly developing weapons and expanding manufacturing capacity before contracts are awarded, betting it can anticipate the military’s future needs.
“We’re not waiting for orders or contracts to close evident mission gaps,” Taiclet said, adding that the company is building technology roadmaps designed to predict customer requirements before they make their way through the government’s procurement process.
The approach is already showing results.
Concept to Testing in 45 DaysTaiclet highlighted Lockheed’s new Sanctum counter-drone system, which progressed from concept to successful live-fire testing in less than 45 days by combining existing technologies—including radar, launchers and missiles—rather than designing an entirely new platform from scratch.
The company is taking the same proactive approach to manufacturing.
Lockheed has been expanding missile production capacity ahead of contracted demand, investing in new factories, automation, robotics and artificial intelligence while increasing international co-production capabilities. Those investments helped position the company to secure a seven-year, $35 billion contract to quadruple production of THAAD missile interceptors, along with several other major awards announced during the quarter.
The mindset extends beyond factories.
Discussing internally funded drone defense programs, Taiclet recalled telling engineers, “Build 1,000 of these,” even before customer orders materialized. The goal, he said, is to demonstrate operational capability first and secure contracts afterward, rather than waiting for government procurement cycles to begin.
For investors, the strategy signals Lockheed’s effort to shape future defense demand through earlier investment, rapid prototyping and internally funded innovation.
As geopolitical tensions continue driving military spending higher, Lockheed appears increasingly willing to spend its own capital to ensure it already has the next generation of weapons ready when governments decide they need them.
Photo courtesy: Shutterstock
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Key Takeaways Lockheed Martin reported a record $230 billion backlog after adding $65 billion of orders in Q2.LMT saw Missiles and Fire Control sales rise 19% as PAC-3, THAAD and Precision Strike ramps continued.Lockheed Martin raised 2026 sales guidance to $79.75B-$81.75B with growth expected across segments. Lockheed Martin Corporation (LMT - Free Report) used its second-quarter 2026 earnings call to highlight a shift toward faster defense technology development, expanded production capacity and long-term demand visibility. Management emphasized that investments made ahead of orders are positioning the company for a higher growth trajectory.
The discussion focused on a record backlog, new multiyear defense agreements, manufacturing expansion and management’s confidence in raising 2026 guidance.
LMT Expands Backlog and Growth VisibilityLockheed Martin reported a record backlog of $230 billion after adding $65 billion of orders during the quarter. CFO Evan Scott said the company’s second-quarter book-to-bill ratio reached 3.2:1, providing visibility into future sales growth.
Management highlighted the $35 billion THAAD interceptor contract as a major step in converting framework agreements into production programs. The company also secured additional awards across missile defense, radar and space programs.
LMT delivered second-quarter EPS of $7.94, beating the Zacks Consensus Estimate of $7.22. Quarterly revenues of $20.06 billion also surpassed the consensus mark of $19.43 billion. Free cash flow reached $2.9 billion. The company raised its full-year outlook, reflecting stronger expected execution across its portfolio.
Lockheed Martin Pushes Munitions CapacityLockheed Martin said accelerating munitions production remains a central priority as demand increases. Management discussed plans to expand capacity while improving efficiency through automation, partnerships and new manufacturing approaches.
Missiles and Fire Control led quarterly growth, with sales rising 19% year over year due to production ramp-up in PAC-3, THAAD and Precision Strike Missile programs. The segment posted a 14.5% operating margin.
The company expects multiyear agreements to support investment decisions by providing greater production visibility. Executives said these structures are designed to encourage cost reductions while supporting faster delivery schedules.
LMT Advances Defense Technology StrategyLMT CEO James Taiclet emphasized a move toward a defense technology model focused on anticipating customer needs rather than waiting for formal program requests. He described investments in systems developed ahead of contracted demand.
Management highlighted the Sanctum counter-drone system, which moved from concept to live-fire testing in 45 days by integrating existing Lockheed Martin technologies and partner capabilities.
The company also discussed artificial intelligence applications in manufacturing, including predictive maintenance, automated quality checks and improved production analytics.
Lockheed Martin Details Segment MomentumLockheed Martin expects growth across all four business segments in the second half of 2026. Management raised full-year sales guidance to $79.75-$81.75 billion and free cash flow guidance to $7-$7.2 billion.
Aeronautics growth is being supported by F-35 production and sustainment activity. The segment reported second-quarter sales of $8.1 billion, up 9% year over year.
Space sales increased 6% in the quarter, driven by strategic and missile defense programs. Management also cited Next-Generation Interceptor and Fleet Ballistic Missile programs as key contributors.
LMT Addresses Investor QuestionsLMT executives faced questions about whether recent investments ahead of contracts create additional risk. Taiclet said the company is pursuing disciplined investments supported by customer alignment and long-term agreements.
A Deutsche Bank analyst asked about scaling newer defense technologies. Management explained that the company is investing in manufacturing and design capabilities before orders arrive to improve speed and responsiveness.
A Morgan Stanley analyst asked about the opportunity from rapid-development systems such as counter-drone platforms. Management said these efforts are viewed as incremental opportunities beyond traditional program forecasts.
Lockheed Martin Focuses on ExecutionLockheed Martin closed the call by emphasizing operational execution, supply-chain expansion and partnerships as key priorities. Management pointed to domestic investments and international collaborations as tools to strengthen production capacity.
The company continues to balance growth investments with shareholder returns. During the quarter, Lockheed Martin returned $796 million to shareholders through dividends while funding production expansion and research initiatives.
Executives maintained that converting demand into sustained production growth will depend on execution, contract finalization and continued manufacturing improvements.
LMT’s Zacks Rank and Style ScoresLMT carries a Zacks Rank #3 (Hold). The Zacks Rank reflects the company’s earnings estimate revision trends and can change after analysts update expectations following quarterly results. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
LMT has a Value Score of B, Growth Score of D, Momentum Score of C and VGM Score of C. Zacks Style Scores are designed to complement the Zacks Rank by evaluating value, growth and momentum characteristics, with higher grades indicating stronger characteristics within each style category.
Broadcom (NASDAQ:AVGO | AVGO Price Prediction) is the second most important name in AI infrastructure, with shares delivering a 43.48% one-year return through July 22. The 24/7 Wall St. price target sees room to run, though the near-term climb is more measured than the last twelve months.
24/7 Wall St. Price Target for Broadcom Broadcom trades at $389.35. Our 24/7 Wall St. price target is $412.30, implying 5.9% upside over 12 months. The recommendation is buy with 90% confidence. That reflects high conviction tempered by AVGO’s nearly $1.888 trillion market cap, which limits multiple expansion.
Metric Value Current Price $389.35 24/7 Wall St. Price Target $412.30 Upside 5.9% Recommendation BUY Confidence 90% Whiplash After a Blowout Quarter Broadcom’s Q2 FY2026, reported June 3, 2026, delivered revenue of $22.187 billion (up 47.9% YoY), non-GAAP EPS of $2.44, and AI semiconductor revenue of $10.8 billion, up 143% YoY. Shares slid from $495 at filing to $360.45 thirty days later, a 27.2% drawdown against the Nasdaq-100’s -3.8%.
Sentiment rebounded on the July 8 Apple custom AI chip announcement worth more than $30 billion through 2031, and Morgan Stanley’s Portfolio Solutions added Broadcom on July 23 for “diversified exposure to multi-year AI infrastructure spending.” AVGO now trades 6% below its 52-week high of $494.18.
The Case for $500+ CEO Hock Tan guided AI semiconductor revenue to $16 billion in Q3 FY2026, up over 200% year-on-year and a path to in excess of $100 billion in AI revenue for FY2027. Bookings visibility extends to 2028, with Q2 AI bookings of over $30 billion against $10.8 billion shipped.
Google, Anthropic, OpenAI, Meta, and two additional customers each represent multi-gigawatt XPU commitments, with 2027 shipments guided at 10 gigawatts. If sector momentum holds, the bull case points to $532.66 in one year, and the 44 buy ratings vs. zero sells suggest Wall Street shares that view.
What Could Go Wrong Broadcom trades at roughly 66x earnings, with an implied P/E of 48x on the price target. Customer concentration is real: hyperscalers can insource, and Anthropic’s July agreement to buy two gigawatts of GPU capacity from AMD shows the multi-supplier playbook spreading.
Insider activity has skewed toward selling across 62 recent transactions. The bear case sees AVGO at $364.09 over the next year. Bulls counter that management is deliberately building 86 days of inventory ahead of an accelerating second half, signaling confidence.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today.
How Broadcom Compares to NVIDIA and Marvell NVIDIA (NASDAQ:NVDA) is the valuation anchor. NVIDIA posted Q1 FY2027 revenue of $81.6 billion, up 85.2% YoY, with Data Center Networking alone up 199%, competing directly with Broadcom’s Ethernet AI switches. At a trailing P/E near 43x against Broadcom’s 66x, NVIDIA looks cheaper on earnings despite faster growth, making the mega-cap dampener prudent.
Marvell Technology (NASDAQ:MRVL) is the pure custom-ASIC comp. Marvell delivered Q1 FY2027 data center revenue of $1.83 billion, up 27% YoY, and guided Q2 to $2.7 billion, roughly 35% growth. Next to Broadcom’s Q3 AI guide of $16 billion (up 200%+), AVGO emerges as the runaway leader in custom accelerators, making the $412.30 target reasonable.
Verdict: High Conviction With Sizing Discipline The 24/7 Wall St. price target of $412.30 with a buy rating and 90% confidence reflects a company printing record margins, sitting on a $100 billion-plus FY2027 AI revenue runway, and anchoring dividend-growth ETFs.
The stock suits investors who can stomach the volatility that took AVGO from $495 to $360 in a month, while the bear case still touches $364 for those monitoring a lower entry. This is a core AI infrastructure holding suited for long-term positioning.
Broadcom Price Prediction 2026-2030 Extending the model forward, here is where we see AVGO trading through the decade, assuming the AI infrastructure cycle and Hock Tan’s $100 billion AI revenue goal remain on track.
Year 24/7 Wall St. Price Target 2026 $412.30 2027 $438 2028 $462 2029 $485 2030 $506.76 These projections assume Broadcom converts its 2027-2028 bookings visibility into shipments. Meaningful upside or downside could come from hyperscaler insourcing or acceleration in gigawatts shipped beyond the current 10-gigawatt 2027 plan.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today.
This year, the four AI hyperscalers plan to spend around $650 billion in total on their data center capital expenditures. That's a daunting figure, but it will likely be exceeded as hyperscaler spending projections creep up throughout the year. However, next year, this figure is on track to reach $1 trillion, according to Nvidia (NVDA +1.05%). That would be a major increase, but it's in line with the language that some hyperscalers have already been using.
During its Q1 2026 conference call, one hyperscaler, Alphabet, told investors to expect "significantly" higher capital expenditures in 2027. Informing investors that early in the year about the following year's guidance can only mean one thing: Prepare for a huge increase in spending. That jibes with Nvidia's $1 trillion projection.
If that pans out, the three that should be able to capitalize on increased spending more than any others are Nvidia, Broadcom (AVGO -1.67%), and Taiwan Semiconductor Manufacturing (TSM -1.81%). I think they offer investors huge upside potential, and represent some of the best buys in the market today.
Image source: Getty Images.
Nvidia Nvidia remains front and center in the AI infrastructure build-out, as its GPUs and the equipment to support them have become the industry standard for data center computing power. Nvidia's GPUs can handle a wide range of tasks, and their flexibility is paramount to their success. Its results continue to blow past expectations quarter after quarter, with last quarter's revenue growing by 85% and next quarter's revenue expected to nearly double year over year. Despite this incredible growth, the stock trades for just 22 times forward earnings, essentially pricing it like a market-average stock.
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If hyperscaler spending hits $1 trillion next year, Nvidia will likely blow past analysts' expectations again. That makes Nvidia a no-brainer investment right now.
Broadcom Broadcom is one of the new kids on the block in the AI computing market, but it's making a huge splash. Instead of competing head-on with Nvidia in the GPU market, it's taking a different path. It's partnering directly with AI hyperscalers to design custom AI chips called application-specific integrated circuits that are purpose-built for the narrow range of workloads they are expected to see. These chips are far more cost-effective than GPUs for the tasks they are designed to handle, but they won't put Nvidia out of business because GPUs are still needed for many functions.
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Broadcom's major clients have been placing huge custom AI chip orders, and the company expects to generate $100 billion or more in AI semiconductor revenue during 2027. For reference, Broadcom generated $75 billion in total revenue over the past 12 months. So that growth in one segment will amount to a huge expansion, and if the AI build-out continues to pick up pace, Broadcom will be another strong stock pick.
Taiwan Semiconductor Manufacturing Taiwan Semiconductor Manufacturing (TSMC) is a different business than Broadcom or Nvidia, as those two chip designers are in a battle to gain and maintain market share within the data center market. TSMC is a chip manufacturer and has already cemented itself as the top option for chip production in nearly every industry. So, it doesn't really care if it's making a Broadcom chip or an Nvidia chip. All that matters to TSMC is that demand for high-end chips continues to rise.
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Nvidia isn't the only one forecasting long-term growth. TSMC CEO C.C. Wei stated during its most recent conference call that he sees chip demand staying strong through at least 2029 to 2030, and asserted that the AI build-out has essentially created a new industry segment. That's great from a long-term perspective, and shows that TSMC will be a great stock pick not only for the rest of this year and into next, but for the remainder of this decade.
Keithen Drury has positions in Alphabet, Broadcom, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Alphabet, Broadcom, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.
Artificial intelligence (AI) infrastructure is hitting a physical wall. As large language models grow exponentially in size, the legacy approach of throwing large, monolithic graphics processing units at the problem breaks down during the inference phase.
By physically separating prompt processing from token generation, Advanced Micro Devices NASDAQ: AMD and Cerebras Systems NASDAQ: CBRS have engineered a structural bypass to legacy computing bottlenecks. This heterogeneous architecture delivers unparalleled efficiency in ultra-low latency environments, immediately positioning both hardware developers to capture the premium enterprise inference market.
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Cracking Compute: Why Monolithic Chips StumbleUnderstanding how AI models generate text or code reveals why this partnership matters. Inference involves two very different workloads. First, the system must process the prompt and context window, which requires high computational throughput to digest thousands of words in real time. Second, the system generates the response token by token, a process demanding ultra-low latency and immense memory bandwidth.
Monolithic chips attempt to handle both tasks simultaneously, resulting in a bottleneck where the processor wastes time waiting for memory to catch up. The technical combination unveiled at the Advancing AI 2026 event systematically solves this bottleneck.
AMD brings its Helios rack-scale systems to manage the high-throughput prompt processing. Cerebras Systems integrates its Wafer-Scale Engine to handle the rapid-fire token generation. Operating as a single disaggregated workflow, the two distinct computing engines handle the specific tasks they were explicitly designed to execute.
Expanding the Moat: How Hardware Efficiency Builds MarginsAdvanced Micro Devices Today
AMD
Advanced Micro Devices
$540.11 +0.42 (+0.08%)
As of 12:24 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$149.22▼
$584.73P/E Ratio177.08
Price Target$478.78
From a fundamental valuation perspective, hardware efficiency translates directly into pricing power. Data center operators are currently constrained by power availability and cooling capacity, making energy efficiency the most critical metric in cloud computing. The joint solution aims to achieve a fivefold increase in tokens per second per watt compared to standalone hardware.
AMD expects the Helios platform to deliver 30% more inference tokens per dollar than legacy monolithic racks. When cloud service providers can generate more output using the same energy footprint, their operating margins expand. That structural total cost of ownership advantage provides both hardware manufacturers with a formidable economic moat as hyperscalers look to optimize their capital expenditures.
Capturing the High-Rent District: Premium Latency MarketsHigh-volume workloads like batch processing prioritize total token generation, but the next frontier of artificial intelligence demands instant reaction times. Applications like autonomous agents, real-time customer service copilots, and high-frequency coding assistants require ultra-low latency. If a cybersecurity protocol takes even two seconds to generate an inference response, the breach has already happened.
Cerebras Systems Today
CBRS
Cerebras Systems
$203.97 -16.03 (-7.29%)
As of 12:24 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$160.81▼
$386.34Price Target$299.30
This latency-sensitive segment represents the highest-margin opportunity in the sector, and tier-1 enterprise adoption is already accelerating. Cerebras Systems recently partnered with CrowdStrike to integrate wafer-scale inference into the Falcon AIDR platform, validating the demand for real-time security processing. Concurrently, Microsoft Azure plans to deploy the Helios system across its data centers in the second half of 2026, offering vast distribution channels for the new architecture.
AMD also executed a brilliant capital allocation maneuver by securing a $5 billion equity stake in Anthropic. Rather than just investing cash for a financial return, the agreement locks in commitments to core graphics processing unit capacity for 2027. Securing captive demand from one of the leading foundational model developers derisks forward revenue projections and guarantees high utilization rates for the new disaggregated infrastructure.
Scaling Through the NoiseDespite these structural tailwinds, retail market sentiment often misprices short-term volatility. Shares of Cerebras Systems recently fell about 10% intraday to around $194, well below its post-IPO peak. First-quarter earnings revealed a net loss of 4 cents per share, beating consensus estimates, alongside strong core revenue of $191.3 million. Management warned of a 10-15 percentage-point drop in cloud and service margins over the near term.
Analysts recognize that not all margin compression is created equal. Cerebras Systems is currently renting external third-party compute capacity to fulfill a rapidly growing tier-1 enterprise backlog. This transient capital expenditure is a direct byproduct of outsized demand outstripping current deployment capacity. Sacrificing near-term margins to secure dominant market share is a classic infrastructure growth playbook, not a signal of structural pricing weakness.
The accompanying bearish optics of insider selling require similar contextualization. Liquidations by the chief operating officer and chief accounting officer occurred precisely at the expiration of the May 2026 IPO lock-up period and the standard quarterly 10b5-1 programmatic selling windows.
Executive diversification following a major liquidity event is a routine corporate mechanism, entirely separate from underlying business conviction. Active securities litigation regarding post-IPO volatility represents standard plaintiff posturing that poses a negligible threat to the underlying technology moat.
Completing the Build: Why Disaggregated Compute WinsAMD presents a different fundamental profile, trading near $531 after an impressive 146% year-to-date run. While the valuation is steep, carrying a forward price-to-earnings ratio of 83.94, the underlying growth narrative supports the premium. First-quarter earnings per share reached $1.37, driven by a 37.8% year-over-year revenue expansion. Management has established a firm floor underneath AMD through an active $6 billion share buyback program initiated in May 2025.
The transition toward heterogeneous, specialized compute clusters is no longer a theoretical roadmap. It is actively deploying across major cloud providers. By separating distinct AI inference workloads into optimized hardware streams, this partnership rewrites the economics of data center scaling. Investors evaluating semiconductor exposure might want to monitor how aggressively hyperscalers adopt this disaggregated hardware approach as enterprise deployments accelerate through the end of 2026.
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A high schooler flipping burgers, lifeguarding, or babysitting this summer is sitting on something most adults would trade a lot to get back: five decades of tax-free compounding runway. If your teen has a real paycheck, they qualify to open a Roth IRA, and the numbers that follow are the reason financial planners keep pushing this idea on parents who will listen.
The mechanics are straightforward. The IRS only requires earned income, meaning W-2 wages, self-employment, or gig work, not allowance, gifts, or investment income. There is no minimum age to open or contribute to a Roth IRA. Because your child is a minor, the account is typically a custodial Roth IRA opened and managed by a parent or guardian until the child reaches the age of majority, generally 18 or 21 depending on the state. Charles Schwab (NYSE:SCHW | SCHW Price Prediction), Fidelity, Vanguard, and Empower all offer them.
The 2026 Rules In One Paragraph For 2026, the Roth IRA contribution limit is $7,500 per year for anyone under 50, or 100% of the person’s earned income for the year, whichever is lower. In plain English: if your 16-year-old earned $3,000 at a coffee shop last summer, the max she can put in is $3,000. If she earned $9,000, the max is $7,500. And here is the piece most parents miss: anyone can fund the contribution. A parent or grandparent can hand over the cash while the teen keeps her paycheck, as long as the deposit does not exceed her actual earned income for the year.
Why Time Is Doing The Heavy Lifting A dollar contributed at age 15 has roughly 50 years to grow before a normal retirement age. That is the entire trick. Using a 7% average annual return assumption, which is a standard moderate estimate and not a guarantee, every contribution grows to its value at 65 by multiplying it by 1.07 raised to the number of years remaining. Actual market returns vary year to year and can be negative in any single year.
The aggressive case shows the upper bound. If a parent funds the full limit for five years, ages 15 through 19, that is $7,500 per year for five years, or $37,500 total out of pocket. Each contribution then sits untouched. At a 7% average annual return, that $37,500 grows to approximately $969,000 by age 65, essentially a million-dollar retirement account funded entirely during high school and the freshman year of college, with zero further contributions after age 19.
Most families cannot or will not max the limit. A teen earning steady part-time money contributes $3,000 per year for four years, ages 15 through 18, for $12,000 total. At a 7% average annual return compounding untouched to age 65, that grows to approximately $320,000. Even a single, one-time deposit compounds meaningfully: a single $7,500 contribution at age 15, never touched again, grows to roughly $221,000 by age 65 at 7%.
For scale, the S&P 500 tracker SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has returned roughly 241% over the past ten years, while the 10-year Treasury currently yields about 4.7%. That gap is precisely why a long time horizon in equities is so powerful, and why parking teen money in a savings account is the expensive default.
The Assumption You Need To Take Seriously None of the figures above are promises. They rest on that 7% average annual return assumption, and any given decade can undershoot or overshoot. Present these as illustrations of how the account type and time horizon interact, not as guarantees. The math is directional.
Why The Roth Wrapper Matters More Than The Ticker A regular brokerage account would tax dividends and capital gains along the way and again at sale. A Roth IRA does neither. Contributions grow tax-free, and qualified withdrawals in retirement, after age 59 1/2 and with the account open five or more years, are entirely tax-free, both the original contributions and all the investment growth. At a projected $969,000, that difference is not a footnote.
How To Actually Do This Opening the account takes about 15 minutes online at Fidelity, Schwab, or Vanguard. You will need the teen’s Social Security number, proof of earned income (a pay stub, W-2, or a simple log for self-employed babysitting or lawn work), and your own identification as custodian. Fund it before the tax-filing deadline for the year the income was earned. The most common mistake is waiting until the child is 25 to have this conversation, which quietly erases the most valuable decade of compounding. Consider talking with a financial advisor or tax professional about how this fits your family’s broader plan.
Contact [email protected] for any questions or corrections.
Wall Street analysts expect General Dynamics (GD - Free Report) to post quarterly earnings of $3.95 per share in its upcoming report, which indicates a year-over-year increase of 5.6%. Revenues are expected to be $13.49 billion, up 3.4% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Bearing this in mind, let's now explore the average estimates of specific General Dynamics metrics that are commonly monitored and projected by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenue- Technologies' of $3.48 billion. The estimate suggests a change of +0.2% year over year.
The combined assessment of analysts suggests that 'Revenue- Marine Systems' will likely reach $4.36 billion. The estimate suggests a change of +3.2% year over year.
The average prediction of analysts places 'Revenue- Combat Systems' at $2.34 billion. The estimate indicates a change of +2.6% from the prior-year quarter.
The consensus estimate for 'Revenue- Aerospace' stands at $3.27 billion. The estimate suggests a change of +6.9% year over year.
Based on the collective assessment of analysts, 'Operating earnings- Aerospace' should arrive at $460.18 million. The estimate compares to the year-ago value of $403.00 million.
According to the collective judgment of analysts, 'Operating earnings- Combat Systems' should come in at $328.47 million. The estimate compares to the year-ago value of $324.00 million.
The consensus among analysts is that 'Operating earnings- Technologies' will reach $319.84 million. The estimate is in contrast to the year-ago figure of $332.00 million.
Analysts' assessment points toward 'Operating earnings- Marine Systems' reaching $313.84 million. Compared to the present estimate, the company reported $291.00 million in the same quarter last year.
View all Key Company Metrics for General Dynamics here>>>
Over the past month, General Dynamics shares have recorded returns of +10.8% versus the Zacks S&P 500 composite's +0.6% change. Based on its Zacks Rank #2 (Buy), GD will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
A strong stock as of late has been General Dynamics (GD - Free Report) . Shares have been marching higher, with the stock up 10.8% over the past month. The stock hit a new 52-week high of $387.69 in the previous session. General Dynamics has gained 13.4% since the start of the year compared to the 1.9% move for the Zacks Aerospace sector and the 0.4% return for the Zacks Aerospace - Defense industry.
What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters. In its last earnings report on April 29, 2026, General Dynamics reported EPS of $4.1 versus consensus estimate of $3.68.
For the current fiscal year, General Dynamics is expected to post earnings of $16.66 per share on $55.16 in revenues. This represents a 7.76% change in EPS on a 4.97% change in revenues. For the next fiscal year, the company is expected to earn $18.32 per share on $57.63 in revenues. This represents a year-over-year change of 9.98% and 4.46%, respectively.
Valuation MetricsThough General Dynamics has recently hit a 52-week high, what is next for General Dynamics? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
General Dynamics has a Value Score of C. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 22.9X current fiscal year EPS estimates, which is not in-line with the peer industry average of 22.9X. On a trailing cash flow basis, the stock currently trades at 20.1X versus its peer group's average of 15.5X. Additionally, the stock has a PEG ratio of 2.3. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, General Dynamics currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if General Dynamics meets the list of requirements. Thus, it seems as though General Dynamics shares could have potential in the weeks and months to come.
Key Takeaways General Dynamics entered Q2 with a record backlog supporting revenue visibility across its businesses.GD's Marine Systems may benefit from improving productivity and supplier performance on submarine programs.Gulfstream is expected to post solid aircraft deliveries after a record first-quarter delivery performance. General Dynamics (GD - Free Report) is scheduled to release second-quarter 2026 results on July 29, before market open. The company delivered an earnings surprise of 11.4% in the last reported quarter.
Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.
Key Factors Likely to Influence GD’s Q2 ResultsGeneral Dynamics heads into second-quarter earnings season with a record backlog and healthy book-to-bill ratios across its business segments, supporting strong revenue visibility despite macroeconomic uncertainty. The company's defense operations are expected to have remained the primary growth driver, benefiting from sustained demand for submarines, combat vehicles, munitions and mission systems amid rising global defense spending.
Marine Systems is likely to have been one of the biggest catalysts for the second quarter. Management highlighted improving labor productivity across its shipyards, stronger material availability and steadily improving supplier performance, all of which might have supported higher throughput on the Columbia- and Virginia-class submarine programs. The company continues to invest aggressively in expanding shipyard capacity to meet growing U.S. naval demand. If these operational improvements continued through the second quarter, Marine Systems could have been a major contributor to revenue and margin expansion.
Gulfstream entered the second quarter after recording the strongest first-quarter delivery performance in its history, while management emphasized durable manufacturing improvements across the G700 and G800 programs. Management expects second-quarter aircraft deliveries to remain similar to the first quarter before rising further in the second half of the year, indicating another solid quarter for the segment.
Although management said supply-chain conditions have improved, critical components sourced from single suppliers continue to constrain production. Any renewed disruptions could slow the pace of submarine construction and limit further throughput improvements despite robust customer demand.
GD’s Q2 ExpectationsThe Zacks Consensus Estimate for earnings is pegged at $3.95 per share, indicating a year-over-year increase of 5.6%.
The Zacks Consensus Estimate for revenues is pinned at $13.49 billion, implying a year-over-year improvement of 3.4%.
The Zacks Consensus Estimate for total Gulfstream aircraft deliveries is pinned at 42, compared with the company’s registered figure of 38 in the year-ago quarter.
What the Zacks Model UnveilsOur proven model predicts an earnings beat for General Dynamics this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.
Other Stocks to ConsiderInvestors may also consider the following players from the same sector as these, too, have the right combination of elements to post an earnings beat this reporting cycle.
Hexcel (HXL - Free Report) is likely to come up with an earnings beat when it announces second-quarter results on July 29, before market open. It has an Earnings ESP of +6.13% and a Zacks Rank #3 at present.
The consensus estimate for HXL’s second-quarter sales suggests an improvement of 6.5% from the year-ago quarter’s reported numbers. The company delivered an average earnings surprise of 12.6% for the trailing four quarters.
L3Harris Technologies (LHX - Free Report) is expected to come up with an earnings beat when it reports second-quarter results on July 29, after market close. It has an Earnings ESP of +2.09% and a Zacks Rank #3 at present.
The consensus estimate for LHX’s second-quarter sales implies an improvement of 6.8% from the year-ago quarter’s level. The Zacks Consensus Estimate for earnings is pinned at $2.80 per share, indicating year-over-year growth of 0.7%.
Curtiss-Wright (CW - Free Report) is likely to come up with an earnings beat when it announces second-quarter results on Aug. 5, after market close. It has an Earnings ESP of +0.36% and a Zacks Rank #3 at present.
The consensus estimate for CW’s second-quarter sales suggests an improvement of 6.2% from the year-ago quarter’s reported numbers. The company delivered an average earnings surprise of 3.8% for the trailing four quarters.
Key Takeaways ITW is set to report Q2 2026 results on July 28 before market open after four straight earnings beats.ITW's Food Equipment, Automotive OEM and Electronics units are expected to post revenue growth.ITW may face pressure from weak construction demand in Europe and foreign currency headwinds. Illinois Tool Works Inc. (ITW - Free Report) is scheduled to release second-quarter 2026 results on July 28, 2026, before market open.
The Zacks Consensus Estimate for second-quarter earnings has remained steady in the past 30 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters. The average surprise was 2.8%.
The consensus estimate for second-quarter revenues is pegged at $4.18 billion, suggesting growth of 3.2% from the year-ago quarter’s figure. The consensus estimate for adjusted earnings is pinned at $2.80 per share, indicating an 8.5% increase from the year-ago quarter’s number.
Let’s see how things have shaped up for Illinois Tool this earnings season.
Factors to Note Ahead of ITW’s ResultsGrowth in the institutional and food retail markets in North America, along with higher service revenues, is likely to have boosted the performance of Illinois Tool’s Food Equipment segment. Our model estimates the segment’s revenues to increase 2.5% year over year to $696.8 million.
Strong momentum in the filter medical business is likely to have driven its Specialty Products segment’s performance. We expect the Specialty Products segment’s revenues to grow 2.6% year over year to $466.6 million.
Solid momentum in the equipment and filler metals businesses due to higher demand for products in North America is expected to have aided the Welding segment’s performance in the second quarter. Our model estimates the segment’s revenues to increase 4.7% from the year-ago quarter to $501.5 million.
The Automotive OEM segment’s performance is expected to have benefited from growth in the electric vehicles end market. We expect the segment’s revenues to grow 2.1% year over year to $862.3 million in the second quarter.
Strength in the semiconductor and electronics end markets in North America and the Asia Pacific is expected to boost the Test & Measurement and Electronics segment’s results. We expect the segment’s revenues to increase 4.5% year over year to $716.9 million in the second quarter.
The Polymers & Fluids segment is anticipated to have performed well in the second quarter, driven by new product launches in the automotive aftermarket. We expect the segment’s revenues to increase 2.9% from the year-ago quarter to $450.8 million.
However, weakness in the commercial and residential construction end markets, owing to lower demand for products in Europe, is likely to have hurt the Construction Products segment’s revenues in the second quarter.
ITW has considerable exposure to overseas markets. Given the company’s substantial international operations, foreign currency headwinds are likely to have marred its profitability.
Earnings WhispersOur proven model does not conclusively predict an earnings beat for ITW this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.
Earnings ESP: ITW has an Earnings ESP of 0.00% as both the Zacks Consensus Estimate and the Most Accurate Estimate are pegged at $2.80 per share. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: Illinois Tool presently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to ConsiderHere are some companies, which according to our model, have the right combination of elements to beat on earnings in this reporting cycle.
Crane Company (CR - Free Report) has an Earnings ESP of +4.73% and a Zacks Rank of 2 at present. The company is scheduled to release second-quarter 2026 results on July 28.
Crane’s earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 11.3%.
Ferguson Enterprises Inc. (FERG - Free Report) has an Earnings ESP of +1.22% and a Zacks Rank of 2 at present. The company is slated to release second-quarter 2026 results on Aug. 10.
Ferguson’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.5%.
Ingersoll Rand Inc. (IR - Free Report) has an Earnings ESP of +0.61% and a Zacks Rank of 3 at present. The company is slated to release second-quarter 2026 results on July 30.
Ingersoll Rand’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters while matching the mark in two, the average surprise being 2.4%.
Tyson Foods (TSN - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this meat producer have returned -1.8%, compared to the Zacks S&P 500 composite's +0.6% change. During this period, the Zacks Food - Meat Products industry, which Tyson falls in, has lost 1.9%. 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.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Tyson is expected to post earnings of $1.03 per share for the current quarter, representing a year-over-year change of +13.2%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
For the current fiscal year, the consensus earnings estimate of $4.08 points to a change of -1% from the prior year. Over the last 30 days, this estimate has changed -0.8%.
For the next fiscal year, the consensus earnings estimate of $4.6 indicates a change of +12.8% from what Tyson is expected to report a year ago. Over the past month, the estimate has changed -1.1%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. 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 Tyson.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Tyson, the consensus sales estimate of $14.14 billion for the current quarter points to a year-over-year change of +1.8%. The $56.57 billion and $56.82 billion estimates for the current and next fiscal years indicate changes of +3.9% and +0.5%, respectively.
Last Reported Results and Surprise HistoryTyson reported revenues of $13.65 billion in the last reported quarter, representing a year-over-year change of +4.4%. EPS of $0.87 for the same period compares with $0.92 a year ago.
Compared to the Zacks Consensus Estimate of $13.8 billion, the reported revenues represent a surprise of -1.06%. The EPS surprise was +14.47%.
Over the last four quarters, Tyson surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
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.
Tyson is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Tyson. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Key Takeaways ADM is benefiting from Nutrition gains and advancing cost savings, BioSolutions and digital initiatives.BG spans the farm-to-consumer chain with operations across five continents and four business segments.LMNR combines agribusiness, rentals and real estate, with earnings estimates rising over the past 60 days. Agricultural technology (AgriTech) and food innovation companies develop technologies to enhance farming efficiency, sustainability and food production. These companies offer a compelling investment opportunity driven by the need for sustainable food production and improved food security.
AgriTech encompasses innovations such as precision farming, smart irrigation, drone technology and agricultural biotechnology, which boost crop yields, minimize resource usage, and lower food production costs and environmental impact. Food innovation, including plant-based proteins and lab-grown meat, aims to meet the growing demand for sustainable and ethical food alternatives.
At this stage, it will be prudent to invest in AgriTech and Food Innovation stocks for a stable portfolio in the second half of 2026. Three such stocks are: Archer-Daniels-Midland Co. (ADM - Free Report) , Bunge Global SA (BG - Free Report) and Limoneira Co. (LMNR - Free Report) .
Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The chart below shows the price performance of our three picks in the past three months.
Image Source: Zacks Investment Research
Archer-Daniels-Midland Co.Zacks Rank #2 Archer-Daniels-Midland is benefiting from a rebound in its Nutrition segment. Human Nutrition is gaining traction, with the Flavors portfolio benefiting from solid North American demand, international customer wins and improved margins from a favorable mix and disciplined pricing.
ADM continues to advance its Optimize, Drive and Grow pillars, enhancing productivity, accelerating cost savings, expanding BioSolutions and leveraging digital tools to unlock margin opportunities and strengthen customer reach.
ADM is actively managing productivity and innovation as well as aligning work to the interconnected trends in food security, health and wellbeing. The company is well-positioned for sustainable long-term profit growth across new avenues.
ADM has been creating additional margin opportunities, opening up channels to customers, advancing digital technologies in areas like farmer needs, the extension of Regen Act programs and partnerships, and the growth of its BioSolutions platform.
Archer-Daniels-Midland has an expected revenue and earnings growth rate of 5.3% and 38.8%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 1.1% over the last seven days.
Bunge Global SAZacks Rank #1 Bunge Global is an integrated global agribusiness and food company spanning the farm-to-consumer food chain. BG processes, produces, moves, distributes and markets food on five continents. BG operates through four segments: Soybean Processing and Refining, Softseed Processing and Refining, Other Oilseeds Processing and Refining, and Grain Merchandising and Milling.
Bunge Global has an expected revenue and earnings growth rate of 31.3% and 28.7%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 1.4% over the last seven days.
Limoneira Co.Zacks Rank #2 Limoneira is an agribusiness and real estate development company. LMNR’s current operations consist of fruit production and marketing, real estate development and capital investment activities.
LMNR has three business segments: agribusiness, rental operations, and real estate development. The agribusiness segment includes its farming and lemon packing operations. LMNR produces lemons, avocados, oranges, and other specialty crops.
LMNR’s rental operations segment includes housing, organic recycling, commercial and leased land operations. The real estate development segment includes its real estate projects and development.
Limoneira has an expected revenue and earnings growth rate of -21.7% and 53.2%, respectively, for the current year (ending October 2026). The Zacks Consensus Estimate for the current year’s earnings has improved 12.1% over the last 60 days.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: CVS Health (CVS - Free Report) Headquartered in Woonsocket, RI, CVS Health Corporation (formerly known as CVS Caremark Corporation) is a health solutions company with integrated offerings across the entire spectrum of pharmacy care. On Sep 3, 2014, CVS Caremark Corporation announced a change of its corporate name to CVS Health to reflect its broader healthcare commitment. In 2018, CVS Health acquired insurance giant Aetna for $70-billion.
CVS is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Medical stock. CVS has a Momentum Style Score of B, and shares are up 2.1% over the past four weeks.
Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.05 to $7.46 per share. CVS boasts an average earnings surprise of +16.8%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CVS should be on investors' short list.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Autodesk (ADSK - Free Report) San Francisco, CA-based Autodesk develops model-based design, engineering and documentation software. The company serves customers in architecture, engineering and construction; product design and manufacturing; and digital media and entertainment industries.
ADSK is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. ADSK has a Growth Style Score of A, forecasting year-over-year earnings growth of 20.6% for the current fiscal year.
10 analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.21 to $12.58 per share. ADSK also boasts an average earnings surprise of +7.1%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, ADSK should be on investors' short list.
The ULTY ETF exists to solve one problem: turning a portfolio into a paycheck. The YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) writes options against a rotating basket of volatile stocks and mails weekly checks to shareholders. The pitch is simple. The mechanics are ornate. And the ULTY yield that draws buyers in is doing something more complicated than the word “yield” suggests.
The return engine is option premium collection. The fund holds concentrated positions in names like Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction), NuScale Power (NYSE:SMR), Robinhood (NASDAQ:HOOD), and Coinbase (NASDAQ:COIN), then sells calls (often as spreads) against them. Premium income, Treasury interest, and realized gains fund the distribution. Stock appreciation is largely given away in exchange for that premium, which is the whole point and also the whole problem.
Reason 1: The Payout Can Be Your Own Money YieldMax’s own prospectus language is candid: “a portion (sometimes significant) of the Fund’s distributions may be classified as return of capital”. Return of capital works differently than income. The fund is handing your principal back and calling it yield. Every dollar returned shrinks NAV, which shrinks the base future distributions are calculated against, which pushes the fund to either shrink the checks or bleed the NAV further.
The evidence is on the tape. In April 2024, a single monthly distribution was $1.4171 per share. By October 2025, weekly payouts had collapsed to roughly nine cents, and the fund executed a 1-for-10 reverse split on December 1, 2025, which reset the share price higher and quietly obscured how much per-share value had leaked out. Shares closed at $27 on July 23, 2026, down roughly 10% over the trailing year.
Reason 2: Capped Upside, Uncapped Downside Selling calls hands away the right tail. When an underlying rips through the strike, ULTY keeps the premium and misses the move. When the underlying craters, the premium provides a thin cushion and nothing else. Imagine a shopkeeper who sells lottery tickets and pockets the printing fee: reliable on quiet days, ruinous on the day someone wins.
The asymmetry is why total return diverges so far from headline yield. Weekly distributions in 2026 have run between $0.3176 and $0.5186, which annualizes to something eye-watering. The actual investor experience over the trailing twelve months was a 10% price decline. Distributions received minus principal lost is the number that matters, and it sits well below the marketed yield.
Reason 3: Friction Compounds the Drag The fund charges a 1.24% expense ratio, riding on top of heavy portfolio turnover, constant option rolling, and a derivatives sleeve running 45 tactical positions. Each roll pays a transaction cost. Each rebalance realizes taxable gains. That is a real drag on a strategy whose gross return is already capped by the short calls above it.
The unifying issue is that this is just a volatility product.
ULTY needs elevated implied volatility to work. Option premiums scale with volatility, so when VIX compresses, premium income compresses with it. The VIX sits near 19, close to its twelve-month average of about 18. That is a moderate-premium environment for option sellers. The fund has already been overhauled once, tilting toward lower-volatility large caps like Alphabet (NASDAQ:GOOG), Amazon (NASDAQ:AMZN), and NVIDIA (NASDAQ:NVDA) specifically to slow NAV bleed, which is a tacit admission the original design was not sustainable.
Who It Fits, Who Should Walk ULTY suits a narrow investor: someone in a tax-advantaged account who understands they are buying a volatility-harvesting product marketed as income, wants weekly cash flow now, and treats principal erosion as an accepted cost. For anyone building long-term wealth, a plain dividend ETF or a total-market fund paired with a systematic withdrawal plan will almost certainly deliver more spendable cash over a decade with less capital destruction. If the checks arrive weekly but the principal funding them keeps shrinking, what exactly did you buy?
Contact [email protected] for any questions or corrections.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of SWKS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Palo Alto Networks (PANW - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this security software maker have returned +11.1% over the past month versus the Zacks S&P 500 composite's +0.6% change. The Zacks Security industry, to which Palo Alto belongs, has gained 9% over this period. Now the key question is: Where could the stock be headed in the near term?
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.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Palo Alto is expected to post earnings of $0.97 per share, indicating a change of +2.1% 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 $3.77 points to a change of +12.9% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $4.08 indicates a change of +8.3% from what Palo Alto is expected to report a year ago. Over the past month, the estimate has changed +0.2%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. 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 Palo Alto.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Palo Alto, the consensus sales estimate of $3.35 billion for the current quarter points to a year-over-year change of +32.1%. The $11.41 billion and $13.75 billion estimates for the current and next fiscal years indicate changes of +23.8% and +20.5%, respectively.
Last Reported Results and Surprise HistoryPalo Alto reported revenues of $3 billion in the last reported quarter, representing a year-over-year change of +31.1%. EPS of $0.85 for the same period compares with $0.8 a year ago.
Compared to the Zacks Consensus Estimate of $2.94 billion, the reported revenues represent a surprise of +2%. The EPS surprise was +4.94%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Palo Alto 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.
Bottom LineThe 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 Palo Alto. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Roblox Corp (NYSE:RBLX) is facing near-term pressure on user growth expectations as Wedbush lowered its fiscal 2026 estimates ahead of the company’s second quarter results, citing ongoing friction from age-verification measures that the firm believes are weighing on access to the platform.
The analysts maintained an ‘Outperform’ rating and a $65 price target, above current levels of $48.
Wedbush lowered its fiscal 2026 daily active user (DAU) estimate to 129.3 million from 135 million, bookings expectations to $7.40 billion from $7.50 billion and adjusted EBITDA estimates to $1.51 billion from $1.54 billion. The revised bookings estimate sits in the lower half of Roblox’s previous guidance range of $7.33 billion to $7.60 billion, while adjusted EBITDA is near the lower end of the company’s outlook.
The analysts wrote that the estimate cuts were driven entirely by the DAU revision, which they believe points to second-quarter results below current consensus expectations. Wedbush added that the adjustment is primarily a near-term revision and kept its $65 price target based on a 22x enterprise value to EBITDA multiple on its revised fiscal 2027 adjusted EBITDA estimate of $1.95 billion.
Wedbush’s DAU forecast is based on Similarweb’s mobile proxy data, which the firm noted has historically tracked with Roblox’s reported DAUs. The analysts wrote that the proxy averaged 40.5 million users in the second quarter, down about 5% from the first quarter, which implied reported DAUs of around 113 million.
However, Wedbush noted that the model may overstate the decline because the proxy only captures mobile activity and may be disproportionately affected by the age-verification gate, which has had a greater impact on younger, more mobile-focused users. The analysts wrote that the 113 million estimate should be viewed as a floor rather than a base case, with their forecast modeling 119 million DAUs to account for users on console and PC platforms.
The analysts wrote that they expect the user friction from age verification to continue through the end of the year, with the largest reductions concentrated in Asia-Pacific and Rest-of-World regions where prior growth was stronger and comparisons are more difficult. Wedbush noted that these regions generate lower monetization levels, limiting the impact on bookings.
“An approximately 5 million DAU cut becomes only an approximately $100 million bookings cut,” the analysts wrote, adding that a shift toward higher-yielding users could help offset some of the decline in user numbers. Wedbush maintained its fiscal 2027 estimates and price target ahead of the company’s earnings report.
Looking ahead to Roblox’s second-quarter print, Wedbush highlighted several factors it will monitor, including app-store ratings and user engagement trends, monetization among users aged 18 and older, progress in advertising and homepage initiatives, regional trends following regulatory actions in markets including Vietnam and Turkey, and whether monetization continues to outpace user growth.
The analysts also pointed to potential risks, including a larger-than-expected decline in proxy data, tougher comparisons during August and September, and ongoing legal and regulatory issues related to child safety and metric-related allegations.
Roblox is scheduled to report its Q2 earnings on July 30.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
#1 (Strong Buy) stocks have produced an unmatched +23.94% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: PENN Entertainment (PENN - Free Report) PENN Entertainment, Inc. was incorporated in Pennsylvania in 1982 as PNRC Corp. The company adopted its current name in 1994 when it became publicly traded. PENN Entertainment is a multi-jurisdictional owner and operator of gaming and racing facilities with video gaming terminal operations and a focus on slot machine entertainment. The company’s portfolio is geographically diverse and includes a broad set of regional properties.
PENN is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 15.27; value investors should take notice.
For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.13 to $1.33 per share. PENN boasts an average earnings surprise of +120.1%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, PENN should be on investors' short list.
Analysts on Wall Street project that Automatic Data Processing (ADP - Free Report) will announce quarterly earnings of $2.59 per share in its forthcoming report, representing an increase of 14.6% year over year. Revenues are projected to reach $5.43 billion, increasing 5.9% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain ADP metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Segment revenues- Employer Services' should arrive at $3.67 billion. The estimate points to a change of +5.9% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Interest on funds held for clients' of $340.62 million. The estimate suggests a change of +10.7% year over year.
The consensus estimate for 'Revenues- PEO revenues' stands at $1.78 billion. The estimate indicates a change of +7% from the prior-year quarter.
It is projected by analysts that the 'Segment revenues- PEO Services' will reach $1.76 billion. The estimate suggests a change of +5.9% year over year.
The consensus among analysts is that 'Revenues- Revenues, other than interest on funds held for clients and PEO revenues' will reach $3.33 billion. The estimate indicates a year-over-year change of +5.4%.
View all Key Company Metrics for ADP here>>>
ADP shares have witnessed a change of +12.3% in the past month, in contrast to the Zacks S&P 500 composite's +0.6% move. With a Zacks Rank #3 (Hold), ADP is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Strategy (MSTR - Free Report) .
Strategy currently has an average brokerage recommendation (ABR) of 1.26, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 19 brokerage firms. An ABR of 1.26 approximates between Strong Buy and Buy.
Of the 19 recommendations that derive the current ABR, 16 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 84.2% and 5.3% of all recommendations.
Brokerage Recommendation Trends for MSTR
Check price target & stock forecast for Strategy here>>>
While the ABR calls for buying Strategy, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
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 MSTR?Looking at the earnings estimate revisions for Strategy, the Zacks Consensus Estimate for the current year has declined 50.8% over the past month to $37.54.
Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge 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 #5 (Strong Sell) for Strategy. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Therefore, it could be wise to take the Buy-equivalent ABR for Strategy with a grain of salt.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
Zacks Premium also includes the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Freeport-McMoRan (FCX - Free Report) Based in Phoenix, AZ, Freeport-McMoRan Inc., formerly Freeport-McMoRan Copper & Gold Inc., is engaged in mineral exploration and development; mining and milling of copper, gold, molybdenum and silver; as well as the smelting and refining of copper concentrates. The company conducts its operations primarily through its principal operating subsidiaries, PT Freeport Indonesia (PT-FI), Freeport Minerals Corporation and Atlantic Copper. PT Freeport Indonesia’s principal asset is Papua, Indonesia-based Grasberg mine, which contains the world’s largest copper and gold reserves.
FCX is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Basic Materials stock. FCX has a Momentum Style Score of A, and shares are up 1.1% over the past four weeks.
Seven analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.17 to $2.72 per share. FCX boasts an average earnings surprise of +32.6%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, FCX should be on investors' short list.
Key Takeaways FCX expects Grasberg to reach 65% capacity in late 2026 and approach full capacity by year-end 2027.Morenci mining rates rose 30% above the five-year average as reliability and workforce stability improved.Freeport targets a 300-million-pound leach run rate by year-end 2026, with 800 million pounds longer term. Freeport-McMoRan Inc. (FCX - Free Report) used its second-quarter 2026 earnings call to emphasize steady progress at Grasberg, improving U.S. operating performance and a widening pipeline of brownfield copper projects.
The quarter also showed how favorable metals pricing and better-than-expected execution can offset lower year-over-year production while the company rebuilds Indonesian output.
FCX Keeps Grasberg Ramp on SchedulePresident and chief executive officer Kathleen Quirk said the Grasberg Block Cave ramp remained aligned with the company’s April plan. Production rates doubled during the quarter, rising from an April average of 34,000 metric tons per day to 69,000 in June.
Quirk said overall Grasberg district rates should approximate 65% of full capacity in the second half of 2026, reach 80% by mid-2027 and approach full capacity by year-end 2027.
Mark Johnson, president and chief operating officer of Freeport-McMoRan Indonesia, added that material-handling upgrades and drainage work are progressing, while preparations continue for a 2027 restart of Production Block 1 South.
Freeport Builds a Larger U.S. Copper BaseQuirk said Morenci’s second-quarter mining rate was 30% above its five-year average, supported by better equipment reliability, maintenance execution and workforce stability.
Senior vice president Cory Stevens said higher-capacity haul trucks, centralized operating support and additional technology should help sustain those gains. Management expects stronger mining rates to translate into higher copper production over time.
The leach program remains another central growth lever. Freeport is targeting a 300-million-pound annual run rate by year-end 2026 and continues to frame 800 million pounds annually as the longer-term opportunity.
FCX Weighs Higher Bagdad Capital CostsQuirk said preliminary capital for the Bagdad expansion is now around $4.5 billion, roughly 30% above the 2023 estimate, reflecting labor and commodity inflation, scope changes and added engineering.
Despite the increase, management said the project remains supported at an incentive copper price of about $4 per pound. The expansion would add 200 million to 250 million pounds of annual copper production and could be completed in three to four years.
During the Q&A, a BofA Securities analyst pressed management on the economics. Quirk said automation, operating-model changes and throughput optimization are helping offset the higher capital requirement, with a board decision still targeted for the second half of 2026.
Freeport Maintains Volume and Cost OutlookExecutive vice president and chief financial officer Maree Robertson said 2026 sales expectations remain broadly consistent with April estimates. Second-half copper sales are projected to exceed first-half levels by more than 20%, while gold sales are expected to rise more than 65%.
The company expects 2026 unit net cash costs of about $1.9 per pound, slightly better than the prior $1.95 estimate, as stronger by-product credits offset higher energy and input costs.
FCX reported adjusted earnings of $0.74 per share versus the Zacks Consensus Estimate of $0.62. Revenues of $7.03 billion also exceeded the $6.47 billion consensus.
FCX Q&A Sharpens Key Execution RisksA Goldman Sachs analyst asked whether Grasberg’s strong June exit rate created upside to second-half guidance. Quirk said planned maintenance and chute-gallery upgrades should keep output near the existing range rather than produce a near-term step-up.
A Barclays analyst questioned the shift of copper sales from the third quarter into the fourth. Quirk said production plans were largely unchanged, but inventory-building and refined-copper timing at the new Indonesian smelter altered the sales schedule.
A UBS analyst also challenged the prior goal of reducing U.S. costs to $2.5 per pound in 2027. Quirk said the target remains valid, but current energy, sulfur and acid markets make it unattainable in 2027.
Freeport’s Near-Term FocusManagement’s tone remained confident on execution but disciplined on timing. Grasberg restoration, leach scaling and U.S. operating improvements are the immediate priorities.
At the same time, Freeport is advancing Bagdad, El Abra and Safford/Lone Star without committing to overlapping large-project schedules before studies, permits and capital reviews are complete.
Zacks Signals Point to a Mixed SetupFCX currently carries a Zacks Rank #3 (Hold). Its Growth Score of B, Momentum Score of A and VGM Score of A indicate favorable growth and trading characteristics, while the Value Score of C is more neutral.
The Style Scores are most powerful when paired with a Zacks Rank #1 (Strong Buy) or Zacks Rank 2 (Buy). The current Hold rating supports a balanced stance, and it can change as analysts revise estimates following the reported results.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Kroger Health dietitians share practical guidance for patients navigating weight-management treatment as part of Kroger's new GLP-1 Complete Support Program
, /PRNewswire/ -- GLP-1 medications are changing what is possible for many patients looking to manage their weight. To get the most out of this treatment, patients need more than a prescription.
"Patients need more than a prescription, they need ongoing support," said Colleen Lindholz, president of Kroger Health. "Kroger Health GLP-1 Complete Support was created to help patients navigate affordability, nutrition and lifestyle changes with confidence."
Kroger Health dietitians work with patients at every stage of their GLP-1 journey, from understanding affordability options like the Medicare GLP-1 Bridge Program to building everyday habits that support lasting results. Here are five practical tips to help:
1. Lead with protein
GLP-1 medications reduce appetite, which means what patients eat matters more than how much they eat. Build meals around protein, such as seafood, lean meats, eggs, Greek yogurt, cottage cheese, beans or tofu, then add fruits, vegetables and whole grains. Protein helps patients stay fuller longer and supports muscle preservation during weight loss.
2. Make Every Bite Count
When appetite decreases, nutrient quality becomes more important. Kroger's OptUP® nutrition rating system makes it easy to identify more nutritious options throughout the store. This is a simple way to build a cart that supports nutrition goals without reading every label
3. Stay hydrated
Many patients unintentionally drink less while taking a GLP-1 medication. Staying hydrated supports energy, digestion and overall wellness. Water, low-sugar beverages and water-rich foods such as cucumbers and melons all help.
4. Plan before shopping
Having the right foods on hand makes healthy choices easier throughout the week. Simple staples – rotisserie chicken, Greek yogurt, pre-cut vegetables, frozen fruit and portion-controlled snacks – work well for smaller appetites and busy schedules.
5. Build a support team
Medication is only one part of a successful journey. Pharmacists, registered dietitians and care teams help patients manage side effects, optimize nutrition and develop habits that last. No patient has to navigate this experience alone.
Support at Every Step
Kroger Health's GLP-1 Complete Support connects patients with pharmacists, registered dietitians, clinical services through The Little Clinic and personalized nutrition guidance through OptUP®, all in one place. Kroger pharmacists can also help patients understand affordability issues, including the Medicare GLP-1 Bridge Program, and determine eligibility.
"GLP-1 medications can be powerful tools, but long-term success depends on the everyday choices patients make around food, hydration and lifestyle," said Laura Brown, MS, RDN, LDN, director of nutrition for Kroger Health. "Practical guidance and the right support system make a real difference."
To learn more, patients can speak with their local Kroger pharmacy team, schedule a consultation with a registered dietitian or visit Kroger Health online.
About Kroger
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies more than 400,000 associates who serve over 11 million customers daily through an e-Commerce experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site.
Wall Street analysts forecast that Aon (AON - Free Report) will report quarterly earnings of $3.77 per share in its upcoming release, pointing to a year-over-year increase of 8%. It is anticipated that revenues will amount to $4.26 billion, exhibiting an increase of 2.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Aon metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts predict that the 'Revenue- Health Solutions' will reach $814.87 million. The estimate indicates a year-over-year change of +5.6%.
The consensus estimate for 'Revenue- Wealth Solutions' stands at $440.13 million. The estimate points to a change of -15.2% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Reinsurance Solutions' will reach $717.97 million. The estimate suggests a change of +4.4% year over year.
Analysts expect 'Revenue- Commercial Risk Solutions' to come in at $2.29 billion. The estimate indicates a year-over-year change of +5.3%.
The consensus among analysts is that 'Commercial Risk Solutions - Organic Revenue Growth' will reach 5.2%. Compared to the current estimate, the company reported 6.0% in the same quarter of the previous year.
According to the collective judgment of analysts, 'Reinsurance Solutions - Organic Revenue Growth' should come in at 3.6%. Compared to the present estimate, the company reported 6.0% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Wealth Solutions - Organic Revenue Growth' of 4.1%. The estimate compares to the year-ago value of 3.0%.
Analysts forecast 'Consolidated - Organic Revenue Growth' to reach 4.6%. Compared to the current estimate, the company reported 6.0% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Health Solutions - Organic Revenue Growth' will likely reach 4.3%. The estimate compares to the year-ago value of 6.0%.
View all Key Company Metrics for Aon here>>>
Over the past month, Aon shares have recorded returns of +12.6% versus the Zacks S&P 500 composite's +0.6% change. Based on its Zacks Rank #3 (Hold), AON will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
The upcoming report from Public Storage (PSA - Free Report) is expected to reveal quarterly earnings of $4.25 per share, indicating a decline of 0.7% compared to the year-ago period. Analysts forecast revenues of $1.21 billion, representing an increase of 1% year over year.
The current level reflects a downward revision of 0.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Public Storage metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenues- Self-storage facilities' should arrive at $1.14 billion. The estimate indicates a change of +1.8% from the prior-year quarter.
Analysts expect 'Revenues- Ancillary operations' to come in at $90.75 million. The estimate indicates a year-over-year change of +10.1%.
The average prediction of analysts places 'Square foot occupancy' at 92.4%. Compared to the present estimate, the company reported 92.2% in the same quarter last year.
According to the collective judgment of analysts, 'Depreciation and amortization' should come in at $293.81 million.
View all Key Company Metrics for Public Storage here>>>
Shares of Public Storage have experienced a change of -1.8% in the past month compared to the +0.6% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), PSA is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
CrowdStrike Holdings (CRWD - 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.
Shares of this cloud-based security company have returned +8.1% over the past month versus the Zacks S&P 500 composite's +0.6% change. The Zacks Security industry, to which CrowdStrike belongs, has gained 9% over this period. Now the key question is: Where could the stock be headed in the near term?
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.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, CrowdStrike is expected to post earnings of $0.29 per share, indicating a change of +26.1% from the year-ago quarter. The Zacks Consensus Estimate has changed -1.4% over the last 30 days.
The consensus earnings estimate of $1.23 for the current fiscal year indicates a year-over-year change of +32.3%. This estimate has changed +0.3% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $1.57 indicates a change of +27.2% from what CrowdStrike is expected to report a year ago. Over the past month, the estimate has changed +0.1%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, CrowdStrike is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile 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.
In the case of CrowdStrike, the consensus sales estimate of $1.44 billion for the current quarter points to a year-over-year change of +23.2%. The $5.94 billion and $7.23 billion estimates for the current and next fiscal years indicate changes of +23.5% and +21.6%, respectively.
Last Reported Results and Surprise HistoryCrowdStrike reported revenues of $1.39 billion in the last reported quarter, representing a year-over-year change of +25.6%. EPS of $0.28 for the same period compares with $0.18 a year ago.
Compared to the Zacks Consensus Estimate of $1.36 billion, the reported revenues represent a surprise of +1.7%. The EPS surprise was +2.8%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
CrowdStrike 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.
Bottom LineThe 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 CrowdStrike. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
CrowdStrike Holdings NASDAQ: CRWD has entered into a strategic partnership with Cerebras Systems NASDAQ: CBRS. CrowdStrike will pair Cerebras’s industry-leading artificial intelligence (AI) inference speed with its proprietary Falcon AI Detection and Response (AIDR) platform for enterprises building and deploying AI at scale.
CrowdStrike Today
$183.60 +0.18 (+0.10%)
As of 12:20 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$85.68▼
$217.50Price Target$183.85
It’s already been a headline-making summer for CrowdStrike. In June, the company announced a four-for-one stock split. CRWD shares began trading at their split-adjusted price on July 2. The company has also announced an expansion of its strategic partnership with Schwarz Digits. The two companies are launching a multi-year roadmap to bring the Falcon platform to European enterprises on Schwarz Digits’ sovereign cloud.
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Both partnerships highlight the significance of the Frontier AI age and the key role cybersecurity will play in it. However, CRWD stock has dipped since the Cerebras announcement, suggesting the company has yet to convince investors that its growth justifies its valuation.
The Cerebras partnership highlights a significant concern for the C-suite, providing investors with another reason besides price to include CRWD in a growth portfolio.
AI Inference Speed Could Become CrowdStrike's Biggest EdgeThe AI revolution is driven by the speed of AI inference. Higher productivity and efficiency are the positive side effects of faster AI processing, but in cybersecurity, inference speed can also determine whether a threat is stopped before it spreads.
That's the gap this partnership is designed to close. Under the agreement, CrowdStrike will run its Falcon AIDR models on Cerebras's wafer-scale CS-3 chips instead of relying solely on traditional GPU-based inference.
In exchange, Cerebras is standardizing on the Falcon platform to secure its internal operations—a detail that matters for credibility and revenue, since it puts one of the industry's most demanding AI infrastructure builders in the position of vouching for CrowdStrike by using it internally.
How the CrowdStrike-Cerebras Partnership WorksHere's a simplified version of how that partnership could play out in practice. Imagine an AI-powered attacker compromises a single cloud workload and begins moving laterally across an enterprise's network, probing for credentials and sensitive data.
This is a process that, with AI tooling on the attacker's side, can now unfold in seconds rather than the hours or days it once took. Falcon AIDR is built to detect that kind of behavioral anomaly by running large models against real-time telemetry.
The bottleneck has always been AI inference speed: a security model that takes several seconds to score a threat is already behind the attack. By shifting that inference workload onto Cerebras's infrastructure, CrowdStrike is betting it can compress the time between "anomaly detected" and "response executed" enough to intervene before lateral movement turns into data exfiltration—catching the intrusion at step two instead of step five.
Neither company has published specific benchmark figures for the latency improvement this integration delivers, so the compression is directional rather than quantified for now. But the strategic logic is consistent with where CrowdStrike has been positioning AIDR all along: as the security layer built specifically for a world where both attacks and defenses are increasingly AI-driven.
Investors Want Proof Beyond the AI StoryInvestors will have to wait until Sept. 1 for CrowdStrike to report its second-quarter earnings for the fiscal year 2027. When it does, Cerebras won’t be significant to its numbers. However, CrowdStrike was delivering strong growth before this announcement, and management hasn’t been conservative with its forecasts.
That includes subscription growth margin growth of 82% to 85% and free cash flow margin growth of 34% to 38%. To be clear, CrowdStrike has been generating strong growth in both categories. But much like Palantir Technologies NASDAQ: PLTR, investors believe that a forward price-to-earnings (P/E) ratio of over 760x already prices in years of growth.
Cerebras Systems Today
CBRS
Cerebras Systems
$203.81 -16.19 (-7.36%)
As of 12:20 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$160.81▼
$386.34Price Target$299.30
That's likely why the stock dipped rather than rallied on the Cerebras news, even as Cerebras shares themselves jumped double digits. Partnership announcements like this one add to CrowdStrike's competitive moat and its story, but they don't move the needle on the metrics that matter most to a stock already priced for perfection.
Investors have heard the AI-native security pitch before; what they're watching for now is whether it shows up in net new annual recurring revenue (ARR) and in the margin guidance itself, not just in press releases.
But investors are rotating into enterprise cybersecurity stocks. The threat from AI isn’t constrained by capital expenditure budgets or supply chain bottlenecks. More importantly, the threat is adapting in real time. CrowdStrike was already a leader in that space, and the Cerebras partnership is another step to cementing its leadership position.
Should You Invest $1,000 in CrowdStrike Right Now?Before you consider CrowdStrike, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CrowdStrike wasn't on the list.
While CrowdStrike currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
NVDA stock is moving. See the chart and price action here. “For my first post, I’m sharing a letter @NVIDIA signed on why open models matter,” Huang wrote. “AI will transform every industry, power every company, and be built by every country. Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty. The world needs both frontier closed models and frontier open models.”
A 20-Plus Company CoalitionThe coalition draws a direct parallel between today’s open-weight AI debate and the rise of open-source software in the 1980s, arguing that open models expand economic access by letting startups, universities and public institutions build on advanced AI without training frontier-scale models from scratch.
The letter also makes a counterintuitive security case: rather than open weights creating national security risk, the signers argue that concentrating advanced AI inside a handful of closed models creates a “single point of failure” that’s harder to test, audit, or defend.
Broader access, they contend, lets more researchers hunt for vulnerabilities and strengthen defenses against AI-powered cyberattacks.
The letter also pushes back on efforts to restrict a widely used AI training technique. Distillation — using one model’s outputs to help train or improve another — is described as a “natural process” in AI development rather than “misappropriation,” with the signers urging that legitimate IP concerns be handled through targeted legal frameworks instead of blanket restrictions on the technique.
Part Of A Bigger Push?Huang’s debut post lands just two days after he told Axios in an exclusive interview that Chinese open-source models like Moonshot AI’s Kimi K3 are “excellent” and should be usable by American companies, dismissing fears that they could displace U.S. labs as “zero possibility.”
Taken together, the two moves look like a coordinated push from Nvidia just as Washington debates whether to restrict open-weight AI models — a fight with direct implications for how much compute, and how many chips, get sold in the years ahead.
Photo: Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Market News and Data brought to you by Benzinga APIs
3 Boring Infrastructure Stocks That Could Beat the Market in 2026Canadian National Railway NYSE: CNI raised its 2026 outlook after reporting second-quarter earnings growth, higher volumes and what management described as improved productivity across its network.
President and Chief Executive Officer Tracy Robinson said the company delivered 12% exchange-adjusted earnings-per-share growth on 5% volume growth during the quarter. CN now expects low-single-digit growth in revenue ton miles for 2026 and mid- to high-single-digit adjusted diluted EPS growth, compared with its prior assumption for roughly flat volumes.
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3 Stocks To Watch For When Tariffs Subside “The engine's running well,” Robinson said, citing operating execution, commercial activity, cost discipline and capital management. She said the company expects year-over-year comparisons to become more difficult in the fourth quarter, particularly because it is lapping record grain performance from the prior year.
Second-quarter financial performance Chief Financial Officer Gilles Lelièvre said reported diluted EPS totaled C$2.06, up 10% from a year earlier. Adjusted diluted EPS was C$2.08, up 11%, or C$2.09 on an exchange-adjusted basis, representing 12% growth. The results included a C$17 million adjustment for advisory fees related to industry consolidation.
Trade War Bargain Stocks: Top 3 Picks Too Good to Pass UpRevenue rose 11% year over year as RTMs increased 5%, according to Chief Commercial Officer Janet Drysdale. CN reported an adjusted operating ratio of 62.2%, compared with 61.7% a year earlier. Lelièvre said higher fuel prices had a 210-basis-point unfavorable effect on the operating ratio.
Year-to-date free cash flow increased about 20%, or roughly C$300 million, driven by stronger earnings, disciplined capital spending and working-capital management, partly offset by higher tax payments. CN ended the quarter with leverage of 2.6 times and maintained its target of 2.7 times adjusted debt to adjusted EBITDA for 2026.
On an exchange-adjusted basis, labor expense increased 3%, reflecting wage increases and about C$40 million more in incentive compensation, partly offset by a 5% reduction in average headcount. Fuel expense increased about C$250 million from the prior-year period because of higher prices, while purchased services and materials rose 11%, including advisory costs and higher trucking and vessel costs associated with volume growth.
Productivity and network operations Chief Operating Officer Pat Whitehead said CN moved 3% more gross ton miles while using existing assets and capacity more efficiently. Locomotive productivity improved about 6%, employee productivity improved about 9%, and train-and-engine employee productivity increased about 13%. Average train length rose approximately 1%.
CN also reported its best second-quarter and first-half fuel-efficiency performance in its history. Whitehead said the company improved efficiency through train handling, locomotive utilization and operating practices while maintaining transit-time performance.
The company’s Fast Track continuous-improvement program generated close to C$100 million in realized benefits so far this year, Whitehead said. The review of an initial group of major terminals has largely been completed, while work continues at intermodal terminals, network operations centers and other areas including purchased services and facilities.
Whitehead said car velocity and network train speed were largely flat year over year despite higher volumes, while metrics improved during the quarter after being affected by the end of winter conditions in April. In Western Canada, CN handled record grain volumes alongside higher refined petroleum products, potash and natural gas liquids, while car velocity, train speed and dwell each improved by roughly 3%.
CN is monitoring active wildfires in Northern Ontario and British Columbia. Whitehead said the company’s main line through Northern Ontario was open and management did not expect a significant effect on the business, though it had experienced some traffic bunching during a shutdown.
Commodity trends and second-half outlook Drysdale highlighted record second-quarter volumes for Western Canadian grain and potash, as well as strong U.S. grain movements. Petroleum and chemicals RTMs rose 11%, supported by increased long-haul refined-product shipments from Western to Eastern Canada, growth into the Greater Toronto Area fuel terminal and higher NGL exports through Prince Rupert.
Metals volumes increased 11% despite tariffs on steel and aluminum, as CN worked with customers on supply-chain changes, according to Drysdale. Domestic intermodal also grew, while overseas intermodal volumes rose sequentially but declined from a year earlier due to difficult comparisons with tariff-related volume pull-forwards in the prior year.
CN expects grain strength to be a principal driver of third-quarter RTM growth. Management expects continued momentum in refined products, new crude business and NGL exports. Domestic intermodal is expected to remain strong, while overseas intermodal is expected to weaken in the second half, partly due to the demarketing of certain low-profitability Port of Vancouver shipments. Automotive share gains and offshore imports into Canada are expected to offset generally flat production. Canadian coal volumes will depend on mine production and operating conditions, while U.S. export demand remains supportive. Union Pacific agreements expand market access Robinson also discussed two agreements announced with Union Pacific. A commercial agreement, which is effective once definitive documentation is completed and is not contingent on a merger, gives CN rights for Canada-to-Mexico traffic through Memphis and direct access to Ferromex. CN said the arrangement extends its length of haul from Chicago to Memphis and creates opportunities for northbound and southbound traffic across commodities, including automotive, intermodal, agriculture, energy and chemicals.
In return, Union Pacific will receive rights to additional capacity on CN’s EJ&E line for U.S. traffic. Robinson said CN will retain control over capacity and Union Pacific would fund any required expansion tied to its volumes.
A separate settlement agreement, contingent on Surface Transportation Board approval and closing of the proposed Union Pacific merger, would provide CN access to Kansas City and use of Union Pacific’s NEF yard. CN said it identified five “two-to-one” customers under the agreement, with additional “three-to-two” opportunities expected to evolve through the regulatory process.
CN agreed not to oppose the merger, saying the agreements had largely addressed its concerns while creating new growth opportunities. Robinson said the company would still participate if questions arise concerning its agreements with Union Pacific.
About Canadian National Railway (NYSE:CNI)Canadian National Railway Company NYSE: CNI is a Class I freight railway that operates an integrated rail network across Canada and the United States. Headquartered in Montreal, Quebec, CN provides long-haul freight transportation and related logistics services that connect major ports, industrial centers and inland markets throughout North America. Its transcontinental system enables cross-border movement of goods and supports supply chains that span coast-to-coast in Canada and into the central and eastern United States.
CN's core business is the railborne transportation of a broad mix of commodities, including intermodal container traffic, forest and paper products, grain and other agricultural products, metallurgical and industrial products, petroleum and chemical products, coal and automotive shipments.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Canadian National Railway Right Now?Before you consider Canadian National Railway, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canadian National Railway wasn't on the list.
While Canadian National Railway currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
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For the quarter ended June 2026, Canadian National (CNI - Free Report) reported revenue of $3.43 billion, up 11.2% over the same period last year. EPS came in at $1.50, compared to $1.35 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.26 billion, representing a surprise of +5.44%. The company delivered an EPS surprise of +7.91%, with the consensus EPS estimate being $1.39.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how CN performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Operating Ratio: 62.5% versus the five-analyst average estimate of 63.2%.Carloads - Total: 1.41 million versus 1.41 million estimated by four analysts on average.Carloads - Coal: 110 thousand versus the four-analyst average estimate of 110.81 thousand.Carloads - Forest Products: 70 thousand versus 69.24 thousand estimated by four analysts on average.Carloads - Automotive: 58 thousand versus 57.05 thousand estimated by four analysts on average.Carloads - Intermodal: 573 thousand versus the four-analyst average estimate of 586.5 thousand.Revenue Ton Miles - Petroleum & Chemicals: 11.87 billion versus 11.64 billion estimated by four analysts on average.Carloads - Petroleum & Chemicals: 170 thousand compared to the 166.4 thousand average estimate based on four analysts.Revenue Ton Miles (RTM): 62.25 billion compared to the 60.86 billion average estimate based on four analysts.Revenue Ton Miles - Metals & Minerals: 7.03 billion versus the four-analyst average estimate of 6.85 billion.Revenue Ton Miles - Automotive: 953 million compared to the 899.93 million average estimate based on four analysts.Carloads - Metals & Minerals: 234 thousand versus 231.96 thousand estimated by four analysts on average.View all Key Company Metrics for CN here>>>
Shares of CN have returned +8.5% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
, /PRNewswire/ -- Warner Bros. Discovery, Inc. (the "Company") (Nasdaq: WBD) today announced that it will report its second quarter 2026 results on Thursday, August 6, 2026 before the market opens. Links to the live webcast of the conference call as well as the earnings materials will be available in the "Investor Relations" section of the Company's website at https://ir.wbd.com/ at approximately 7:00 a.m. ET. The Company will host a conference call at 8:00 a.m. ET that same day to discuss the results.
A replay of the webcast will also be available in the "Investor Relations" section of the Company's website for twelve months.
About Warner Bros. Discovery:
Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world's most differentiated and complete portfolio of branded content across television, film, streaming and gaming. Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, HBO Max, discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others. For more information, please visit www.wbd.com.
In its upcoming report, Ventas (VTR - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.96 per share, reflecting an increase of 10.3% compared to the same period last year. Revenues are forecasted to be $1.67 billion, representing a year-over-year increase of 17.4%.
The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some Ventas metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Revenues- Interest and other income' will reach $1.88 million. The estimate indicates a year-over-year change of -68%.
It is projected by analysts that the 'Revenues- Resident fees and services' will reach $1.29 billion. The estimate points to a change of +24.8% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenues- Income from loans and investments' should arrive at $4.31 million. The estimate indicates a year-over-year change of -2%.
Analysts forecast 'Revenues- Rental income- Outpatient medical & research portfolio' to reach $230.35 million. The estimate indicates a year-over-year change of +4.3%.
The collective assessment of analysts points to an estimated 'Revenues- Rental income- Triple-net leased properties' of $124.21 million. The estimate indicates a change of -18.7% from the prior-year quarter.
The consensus estimate for 'Revenues- Rental income' stands at $354.18 million. The estimate indicates a year-over-year change of -5.2%.
The combined assessment of analysts suggests that 'NOI- Senior housing operating portfolio (SHOP)' will likely reach $381.35 million. Compared to the current estimate, the company reported $286.41 million in the same quarter of the previous year.
Analysts expect 'NOI- Triple-net leased properties (NNN)' to come in at $121.48 million. The estimate is in contrast to the year-ago figure of $148.74 million.
Analysts' assessment points toward 'NOI- Outpatient medical & research portfolio (OM&R)' reaching $152.09 million. The estimate is in contrast to the year-ago figure of $146.49 million.
Analysts predict that the 'Depreciation and amortization' will reach $377.40 million.
View all Key Company Metrics for Ventas here>>>
Over the past month, Ventas shares have recorded returns of +12% versus the Zacks S&P 500 composite's +0.6% change. Based on its Zacks Rank #3 (Hold), VTR will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Key Takeaways Biogen's new launches may help offset weaker MS franchise sales in second-quarter results due July 29.BIIB may see growth from Skyclarys, Zurzuvae and Alzheimer's collaboration revenues in Q2.Biogen will record acquisition-related IPR&D charges as investors watch Apellis portfolio sales. We expect Biogen (BIIB - Free Report) to beat expectations when it reports second-quarter 2026 results on July 29, before market opens. In the last reported quarter, the company's earnings beat expectations by 21.02%. The Zacks Consensus Estimate for second-quarter sales and earnings is pegged at $2.47 billion and 79 cents per share, respectively.
Factors to Consider for BiogenIn the second quarter, lower sales of Biogen’s multiple sclerosis (“MS”) drugs, excluding Vumerity, are likely to have been offset by sequential revenue growth from new products.
Sales of Biogen’s MS drugs like Tecfidera and Tysabri are likely to have declined due to generic competition for Tecfidera globally, biosimilar competition for Tysabri in Europe and rising competitive pressure in the MS market.
Biogen saw an increased impact of Tecfidera generics in Europe in the last two quarters, with the trend expected to continue in the second quarter.
The Zacks Consensus Estimate for second-quarter sales of Tecfidera is pegged at $103.0 million. The Zacks Consensus Estimate for Tysabri is $375.0 million.
Sales of another MS drug, Vumerity, are expected to have risen due to strong demand in the United States. The Zacks Consensus Estimate for Vumerity is $205.0 million.
Sales of Biogen’s spinal muscular atrophy drug, Spinraza, are likely to have declined due to lower demand in the U.S. market. The Zacks Consensus Estimate for Spinraza is $379.0 million.
The performance of Biogen’s newly launched drug Skyclarys for Friedreich’s ataxia is likely to have continued to improve sequentially, backed by demand growth in outside U.S. markets. The Zacks Consensus Estimate for Skyclarys sales is $155.0 million.
Sales of another new drug, Zurzuvae, are likely to have benefited from strong demand trends.
Biogen has a collaboration with Supernus Pharmaceuticals (SUPN - Free Report) for Zurzuvae. Biogen and Supernus Pharmaceuticals equally share profits and losses for the commercialization of Zurzuvae in the United States. In outside U.S. markets, Biogen records product sales (excluding Japan, Taiwan and South Korea) and pays royalties to Supernus.
Alzheimer’s collaboration revenues are expected to have risen in the quarter. Alzheimer’s collaboration revenues include Biogen’s 50% share of net product revenues and cost of sales (including royalties) from Alzheimer’s drug Leqembi (lecanemab), which has been developed in collaboration with Eisai.
Leqembi sales have been improving sequentially over the past few quarters, driven by demand growth globally. The positive trend is expected to have continued in the second quarter. Eisai records Leqembi sales.
In May, Biogen closed its acquisition of Apellis Pharmaceuticals, adding the commercialized medicines Empaveli and Syfovre for immune-mediated retinal disease and nephrology to its commercial portfolio. Investors will look for sales numbers of these newly added drugs. In June, Biogen announced a definitive agreement to acquire RayThera for $1 billion to strengthen its immunology pipeline.
In the second quarter, Biogen will record IPR&D charges related to the Apellis acquisition and the acquisition of exclusive rights to felzartamab in China from TJ Biopharma, which will hurt its EPS.
In the second quarter, Biogen expects core operating expenses to be roughly consistent with the first quarter.
BIIB’s Earnings Surprise HistoryThe company’s earnings beat estimates in each of the last four quarters. The company has a four-quarter earnings surprise of 26.87%, on average.
Biogen’s stock has risen 14.0% so far this year compared with an increase of 2.2% for the industry.
Image Source: Zacks Investment Research
What Our Model Says for BIIBOur proven model predicts an earnings beat for Biogen this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here.
Earnings ESP: Biogen’s Earnings ESP is +282.03%. The Zacks Consensus Estimate is pegged at 79 cents per share, while the Most Accurate Estimate is pegged higher at $3.02 per share. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Biogen has a Zacks Rank #3.
Other Stocks to ConsiderHere are two drug/biotech stocks that also have the right combination of elements to beat on earnings this time around:
Regeneron Pharmaceuticals (REGN - Free Report) has an Earnings ESP of +1.22% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Regeneron stock has declined 15.3% so far this year. REGN beat estimates in each of the last four quarters. The company has a four-quarter earnings surprise of 26.33%, on average. Regeneron is scheduled to report second-quarter results on July 30.
Pfizer (PFE - Free Report) has an Earnings ESP of +2.07% and a Zacks Rank #3 at present.
Shares of Pfizer have risen 3.8% so far this year. Pfizer beat earnings estimates in each of the last four reported quarters, delivering an average earnings surprise of 21.93%. Pfizer is scheduled to report second-quarter results on Aug. 4.
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Nebius Group‘s (NASDAQ:NBIS | NBIS Price Prediction) shares are down 9% in Friday morning trading, sliding to $200.60 after closing Thursday at $220.97. The drop caps a whipsaw stretch for the AI neo-cloud specialist, which is still up 135% year to date (YTD) despite giving back 24% over the past month.
The pullback comes against a jittery macro backdrop, with high-multiple AI infrastructure names under pressure as investors rotate out of the most speculative corners of the trade. Nebius, which had been one of the year’s best-performing neo-clouds, is bearing the brunt of that repositioning today.
Risk-Off Tape Hits the Most Speculative AI Names There isn’t a clean Nebius-specific catalyst driving today’s move. Nebius stock is falling alongside a broader high-multiple tech pullback, with the NASDAQ 100 down moderately as investors trim exposure to the most richly valued corners of the AI trade.
The setup is classic profit-taking. Nebius shares are up 277% over the past year, and the CBOE Volatility Index or VIX jumped 12% on Thursday to 18.7, its highest close in that recent window. When volatility spikes, high-beta names with high multiples tend to get hit first; notably, Nebius’s trailing 12-month P/E ratio is 75.87x.
The fundamentals underneath Nebius remain intact. The company’s Q1 2026 revenue grew 279.6% year over year (YoY) to $399 million, and management guided FY2026 revenue to $3 billion to $3.4 billion. Nebius’s revenue outlook is backstopped by anchor customer commitments and strategic capital from top-tier AI partners.
Neo-Clouds Fall Hardest, Diversified Names Hold Up The split across the AI cloud group is telling. CoreWeave (NASDAQ:CRWV), another pure-play neo-cloud business, is also getting hit hard. CoreWeave shares are down 7% to $75.15, extending a rough stretch that has left the stock down 38% over the past year despite a $99.4 billion revenue backlog.
The more diversified cloud names are absorbing the tape far better. Cloudflare (NYSE:NET) shares are roughly flat at $263.48, keeping Cloudflare stock up 33% year to date. Snowflake (NYSE:SNOW) shares are trading at $269.65, 2% higher on the session, with Snowflake stock still up 23% YTD.
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Oracle (NYSE:ORCL) stock appears to be in a holding pattern today. Oracle shares are off 1% to $118.80, with ORCL stock down 39% YTD even as the company’s cloud infrastructure business grew 93% YoY last quarter. The read-through: today’s move looks like a valuation reset in the highest-beta AI infrastructure plays rather than a repricing of the AI cloud sector broadly.
Cloud Theme Exposure and Concentration For investors thinking about sector exposure without the single-stock volatility, a broad cloud computing ETF like the First Trust Cloud Computing ETF (NASDAQ:SKYY) offers diversified exposure to the theme. Note, however, that pure neo-clouds like Nebius and CoreWeave may be only lightly represented; SKYY is still a concentrated, single-theme fund, so position sizing matters.
Overall, analyst sentiment on Nebius remains constructive. The Wall Street consensus price target sits at $258.13, with nine Buy or Strong Buy ratings against one Sell. Meanwhile, CoreWeave’s target of $138.03 implies significant upside from current levels as well. These price targets should be kept in mind if you’re considering individual AI-cloud stocks and/or a fund like SKYY.
What to Watch Investors can watch for whether Nebius stock stabilizes above the $179 area that anchored its Q1 filing price, and whether the VIX cools back below 17 into next week. If risk appetite returns, the pure neo-clouds tend to snap back the fastest. Should volatility keep building, expect more of the same rotation into steadier cloud names.
The bigger picture for Nebius hasn’t changed: multi-billion-dollar customer commitments, a rapidly scaling AI cloud segment, and contracted power capacity that keeps expanding into year-end. Today’s drawdown is a tape story, not a thesis story.
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Fortinet Inc (NASDAQ:FTNT) is set to report its second quarter results on July 29, with Jefferies analysts highlighting that the company needs to show an acceleration in product revenue growth to support investor confidence in the durability of its recent performance.
The firm expects solid product trends in the quarter, driven by price increases and improving channel checks, but wrote that investors will be looking for evidence the momentum can extend beyond the near term.
Jefferies expects product revenue growth to strengthen from the first quarter as Fortinet benefits from a full quarter of higher pricing and what it described as improving demand trends. The firm's proprietary survey showed performance versus plan improved sequentially, while channel checks pointed to healthy firewall demand despite some inventory constraints and longer appliance lead times.
The firm wrote that while product strength could continue for another quarter or two, it needs greater confidence that growth can be sustained into 2027 and that services billings, particularly subscriptions, will remain strong before becoming more constructive on the stock.
Billings will also be closely watched. Jefferies expects Fortinet to exceed its second-quarter billings guidance, which calls for 20% year-over-year growth at the midpoint, but does not expect management to significantly raise its full-year billings outlook given tougher comparisons in the second half of the year and longer lead times for appliances.
Margins are another focus. Jefferies expects Fortinet's midpoint guidance for a 34% non-GAAP operating margin to be achievable, supported by recent price increases and lower-cost inventory. However, it wrote that investors are likely to monitor the impact of rising memory costs and longer procurement cycles on margins later this year.
Jefferies' latest survey showed Fortinet's average performance versus plan improved to 2.3% above plan in the second quarter from 0.5% below plan in the first quarter, outperforming the average across cybersecurity vendors covered in the survey. The firm also wrote that investors will be looking for further signs of momentum in Fortinet's secure access service edge (SASE) business as the company continues to expand its bundled offerings.
Shares of Fortinet are up about 90% so far this year, trading hands at $151 on Thursday.
Wall Street analysts forecast that Fortinet (FTNT - Free Report) will report quarterly earnings of $0.75 per share in its upcoming release, pointing to a year-over-year increase of 17.2%. It is anticipated that revenues will amount to $1.88 billion, exhibiting an increase of 15.4% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Fortinet metrics that Wall Street analysts commonly model and monitor.
Analysts' assessment points toward 'Revenue- Services' reaching $1.24 billion. The estimate suggests a change of +10.9% year over year.
Analysts predict that the 'Revenue- Product' will reach $633.38 million. The estimate suggests a change of +24.5% year over year.
The average prediction of analysts places 'Revenue- Services- Security subscription' at $723.10 million. The estimate points to a change of +12.2% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Services- Technical support and other' will reach $526.55 million. The estimate points to a change of +10.5% from the year-ago quarter.
Based on the collective assessment of analysts, 'Total billings (Non-GAAP)' should arrive at $2.14 billion. The estimate compares to the year-ago value of $1.78 billion.
The consensus estimate for 'Gross profit- Product Non-GAAP' stands at $432.99 million. Compared to the present estimate, the company reported $345.20 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Gross profit- Service Non-GAAP' of $1.07 billion. Compared to the present estimate, the company reported $984.70 million in the same quarter last year.
The combined assessment of analysts suggests that 'Gross profit- Product' will likely reach $412.00 million. Compared to the present estimate, the company reported $343.00 million in the same quarter last year.
It is projected by analysts that the 'Gross profit- Services' will reach $1.07 billion. Compared to the current estimate, the company reported $972.10 million in the same quarter of the previous year.
View all Key Company Metrics for Fortinet here>>>
Over the past month, Fortinet shares have recorded returns of +1.1% versus the Zacks S&P 500 composite's +0.6% change. Based on its Zacks Rank #1 (Strong Buy), FTNT will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Key Takeaways Brent Crude Slides Below $100/bbl, Pre-Markets AdvanceAXP, NEE, SLB and VZ Beat on Earnings, Mixed on RevenuesS&P Flash PMI Due After the Open, Along with New Home Sales Friday, July 24th, 2026
Pre-market activity is seeing some buying activity after Thursday’s big drop in all major indexes. We still see violence in Iran, with the U.S. dropping bombs overnight for the 13th-straight day. Iran has rejected a cease-fire agreement brought forth by neighboring Iraq. The end of this turmoil does not appear to be in sight.
Nevertheless, spot oil prices have cooled from yesterday, -3% on both WTI and Brent crude, to $89 per barrel (/bbl) and $97/bbl, respectively. The international Brent index pushing over $100 yesterday was a strong catalyst for the market selloff. Unfortunately, save any new serious peace talks, we can expect the dance at these levels to continue.
Bond yields are not fluctuating quite the same way: they’ve risen over the past week and stayed there: +4.68% on the 10-year is the highest of President Trump’s second term so far. Same with the 2-year yield, which stands at +4.33% currently. Historically, the bond yield flexes much muscle in expressing its approval, or lack thereof, of economic conditions. It pays to keep an eye on these charts.
Q2 Earnings Reports Ahead of the Open: AXP, NEE & More
American Express (AXP - Free Report) , as per usual, outperformed earnings expectations this morning, reporting $4.53 per share versus a consensus estimate of $4.41. Revenues were breakeven at $19.64 billion in its Q2. AmEx’s high-end Platinum card became the credit card giant’s fastest growing product, depicting continued strength from the high-end consumer. That said, shares are -4% in early trading, deepening the -8% losses since the start of the year. For more on AXP’s earnings, click here.
NextEra Energy (NEE - Free Report) reported mixed quarterly results this morning, reporting earnings of $1.15 per share versus $1.09 projected, for a +5.5% positive earnings surprise and year over year growth of a solid dime per share. Revenues, however, came in well short of estimates to $7.53 billion in the quarter. Forward guidance was in line with previous Zacks consensus. Yet increased demand has set the stock in positive territory pre-market on the news.
Oilfield services major SLB Corp. (SLB - Free Report) , formerly Schlumberger, beat earnings estimates by 4 cents to $0.55 per share this morning, with Q2 revenues of $8.97 billion outpacing forecasts by +3%, and up nicely from $8.55 billion reported in the year-ago quarter. Shares are up +4% in today’s pre-market, adding to the solid +23% gains year to date. For more on SLB’s earnings, click here.
Verizon (VZ - Free Report) put up mixed Q2 results this morning, beating on the bottom line by 3 cents with earnings of $1.30 per share (8 cents higher than the year-ago quarter) while revenues of $34.25 billion came up short of estimates by -3%. Post-paid phone adds was a highlight in the company’s report, and shares are up modestly in today’s pre-market, adding to the +7.6% gains year to date. For more on VZ’s earnings, click here.
What to Expect from the Stock Market Today
After the opening bell this morning, S&P flash Services PMI for July will be released. Expectations are for a slight increase to 51.5, as the final FIFA World Cup matches saw higher demand for services in New York/New Jersey, Houston, Seattle and elsewhere. Also S&P flash Manufacturing PMI is also expected to increase half a point to 54.4. The prior month’s flash number had been revised downward fairly drastically in its final to 53.9, so these figures appear fairly active currently.
New Home Sales for June also hit the tape after today’s open. Analysts expect a rebound off lows in May not seen since the start of the year, from 580K to 606K seasonally adjusted, annualized units. It’s no secret new home sales have faced significant headwinds over the past couple years, but we look for signs of lasting improvement. The 2026 high was 664 seasonally adjusted, annualized units.
Questions or comments about this article and/or author? Click here>>
Published in communications earnings finance oil-energy
The market expects Cameco (CCJ - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis uranium producer is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of -49%.
Revenues are expected to be $534.36 million, down 15.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 62.96% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Cameco?For Cameco, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Cameco will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Cameco would post earnings of $0.29 per share when it actually produced earnings of $0.34, delivering a surprise of +17.24%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Cameco doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAnother stock from the Zacks Alternative Energy - Other industry, TC Energy (TRP - Free Report) , is soon expected to post earnings of $0.59 per share for the quarter ended June 2026. This estimate indicates no change from the year-ago quarter. Revenues for the quarter are expected to be $2.74 billion, up 1.5% from the year-ago quarter.
The consensus EPS estimate for TC Energy has been revised 0.5% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +3.80%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that TC Energy will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Key Takeaways Invitation Homes is expected to post higher Q2 revenues and FFO per share.INVH reported stronger occupancy, positive new lease growth and steady renewal pricing entering the quarter.INVH expects renewals to remain a key driver, though heavy supply may limit pricing in some markets. Invitation Homes (INVH - Free Report) is slated to report second-quarter 2026 results on July 29, after market close. The company’s quarterly results are likely to highlight year-over-year increases in revenues and funds from operations (FFO) per share.
In the last reported quarter, this residential real estate investment trust (REIT) posted a core FFO per share of 48 cents, meeting the Zacks Consensus Estimate. Results reflected firm operating momentum, with higher blended rentals and improved leasing trends.
Over the preceding four quarters, INVH’s core FFO per share met the Zacks Consensus Estimate on all occasions, with the average beat being 0.00%. The graph below depicts this surprise history:
In this article, we will dive deep into the U.S. apartment market environment and the company's fundamentals and analyze the factors that may have contributed to its second-quarter 2026 performance.
US Apartment Market in Q2The U.S. multifamily market entered the second half of 2026 with a clearer recovery taking shape, as strong renter demand and a rapidly shrinking supply pipeline began translating into lower vacancy and improving rent growth.
According to a Cushman & Wakefield report, net absorption reached roughly 124,600 units, up from 83,500 units in the first quarter and 8% above the prior year, making it the fifth-strongest quarter in nearly 25 years. The supply picture also became more favorable. Approximately 88,000 units were delivered during the quarter, down 27% year over year. Around 475,000 units remained under construction at quarter-end, equal to just 3.5% of existing inventory.
Improving demand and slowing supply pushed the national vacancy rate down 35 basis points quarter over quarter to 8.9%, its first move below 9% since 2024. On a trailing four-quarter basis, absorption of approximately 362,000 units exceeded deliveries of about 358,000 units for the first time since early 2022, indicating vacancy is likely to have passed its cyclical peak. The recovery was particularly pronounced in previously overbuilt markets: Austin; Charleston, SC; Savannah, GA; Huntsville, AL; Salt Lake City, UT, and Colorado Springs recorded some of the largest quarterly vacancy declines.
Rent growth remains modest but is beginning to improve. National asking rents reached approximately $1,945 per month, up 1.5% year over year, compared with 1.1% growth in the first quarter. The Bay Area led the recovery, with San Francisco rents rising 13%, San Jose 7% and the East Bay 4.8%. Norfolk, VA; Toledo, OH; Reno, NV, and Boise, ID, also posted strong gains.
High-supply markets remained softer, with rents still declining in Austin and Sarasota, FL, although the pace of those declines moderated as excess supply was absorbed. Overall, the market appears to be shifting from stabilization into an occupancy-led recovery, with broader rent growth likely as the construction pipeline continues to shrink.
Factors at Play and Projections for Invitation HomesInvitation Homes’ second-quarter 2026 performance is likely to have benefited from stronger peak-season leasing trends, improving occupancy and steady renewal pricing. Management said April occupancy accelerated to 97.1%, up 80 basis points from the first-quarter average, while new lease rent growth returned to positive territory at just under 0.5%. Renewal rent growth remained in the low-3% range, lifting blended rent growth to 2.3%. These trends suggest that same-store revenue growth may have improved from the first quarter as demand remained healthy and available rental supply moderated.
Renewals should remain the key support, with management expecting mid-3% to mid-4% renewal growth through the year. New lease pricing is likely to have strengthened further through late second quarter as the gap with renewal rates narrowed during the peak leasing season.
For the second quarter, the Zacks Consensus Estimate for INVH’s rental revenues currently stands at $669.3 million, up from $592.5 million reported in the prior-year period. The Zacks Consensus Estimate for second-quarter total revenues is pegged at $714.3 million, indicating a rise of 4.8% from the year-ago reported number.
However, elevated inventory in some markets could still have limited pricing power, making occupancy preservation important.
Invitation Homes’ activities in the to-be-reported quarter were inadequate to garner analysts’ confidence. The Zacks Consensus Estimate for the quarterly FFO per share has remained unchanged at 49 cents over the past two months. However, the figure suggests an improvement of 2.1% year over year.
What Our Quantitative Model Predicts for Invitation HomesOur proven model does not conclusively predict a surprise in terms of FFO per share for INVH this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an FFO beat, which is not the case here.
Invitation Homes currently has an Earnings ESP of 0.00% and carries a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks That Warrant a LookHere are two stocks from the broader REIT sector — Extra Space Storage (EXR - Free Report) and Cousins Properties (CUZ - Free Report) — you may want to consider, as our model shows that these have the right combination of elements to report an FFO beat this quarter.
Extra Space Storage is slated to report quarterly numbers on July 28. EXR has an Earnings ESP of +0.39% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Cousins is slated to report quarterly numbers on July 30. CUZ has an Earnings ESP of +0.45% and a Zacks Rank of 3 at present.
Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.
The market expects Franklin Resources (BEN - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on July 31, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis investment manager is expected to post quarterly earnings of $0.66 per share in its upcoming report, which represents a year-over-year change of +34.7%.
Revenues are expected to be $2.27 billion, up 9.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.06% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Franklin Resources?For Franklin Resources, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #1.
So, this combination makes it difficult to conclusively predict that Franklin Resources will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Franklin Resources would post earnings of $0.55 per share when it actually produced earnings of $0.71, delivering a surprise of +29.09%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Franklin Resources doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAffiliated Managers Group (AMG - Free Report) , another stock in the Zacks Financial - Investment Management industry, is expected to report earnings per share of $7.85 for the quarter ended June 2026. This estimate points to a year-over-year change of +45.6%. Revenues for the quarter are expected to be $557.91 million, up 13.1% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Affiliated Managers has been revised 2.8% up to the current level. Nevertheless, the company now has an Earnings ESP of +1.86%, reflecting a higher Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Affiliated Managers will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Wall Street expects a year-over-year increase in earnings on higher revenues when T. Rowe Price (TROW - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis financial services firm is expected to post quarterly earnings of $2.52 per share in its upcoming report, which represents a year-over-year change of +12.5%.
Revenues are expected to be $1.92 billion, up 11.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 5.17% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for T. Rowe?For T. Rowe, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that T. Rowe will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that T. Rowe would post earnings of $2.37 per share when it actually produced earnings of $2.52, delivering a surprise of +6.33%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
T. Rowe doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Financial - Investment Management industry, Virtus Investment Partners (VRTS - Free Report) , is soon expected to post earnings of $6.15 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of -1.6%. This quarter's revenue is expected to be $187.15 million, down 2% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Virtus has been revised 2.4% up to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP makes it difficult to conclusively predict that Virtus will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Carrier Global (CARR - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Carrier Global is one of 93 individual stocks in the Construction sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Carrier Global is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for CARR's full-year earnings has moved 1.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the most recent data, CARR has returned 30.9% so far this year. In comparison, Construction companies have returned an average of 10.3%. As we can see, Carrier Global is performing better than its sector in the calendar year.
Sterling Infrastructure (STRL - Free Report) is another Construction stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 134.3%.
For Sterling Infrastructure, the consensus EPS estimate for the current year has increased 41% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Carrier Global belongs to the Building Products - Air Conditioner and Heating industry, a group that includes 9 individual stocks and currently sits at #46 in the Zacks Industry Rank. Stocks in this group have gained about 40.5% so far this year, so CARR is slightly underperforming its industry this group in terms of year-to-date returns.
In contrast, Sterling Infrastructure falls under the Engineering - R and D Services industry. Currently, this industry has 23 stocks and is ranked #95. Since the beginning of the year, the industry has moved +28.5%.
Investors with an interest in Construction stocks should continue to track Carrier Global and Sterling Infrastructure. These stocks will be looking to continue their solid performance.
Key Takeaways Carrier's second-quarter net sales are expected to decline 1.5% year over year to $6.02 billion.Weak residential and light commercial demand in key regions is likely to pressure Carrier's top line.Higher input costs, European promotions and tariff risks are expected to weigh on CARR's Q2 earnings. Carrier Global Corporation (CARR - Free Report) is scheduled to report its second-quarter 2026 results on July 28, before the opening bell.
In the last reported quarter, the company’s adjusted earnings per share (EPS) and net sales topped the Zacks Consensus Estimate by 14% and 6.1%, respectively. Year over year, the bottom line declined 12.3%, but the top line grew 2%.
CARR’s earnings surpassed estimates in three of the trailing four quarters and missed on the remaining occasion, with an average surprise of 7.8%.
How are Estimates Placed for CARR Stock?The Zacks Consensus Estimate for second-quarter EPS has inched up to 83 cents from 82 cents in the past 30 days. However, the estimated figure indicates a 9.8% decline from the year-ago quarter’s earnings of 92 cents per share.
The consensus estimate for net sales is pegged at $6.02 billion, indicating a decline of 1.5% from the prior-year quarter’s level.
Factors at Play for Carrier’s Q2 ResultsSales
The top-line performance of Carrier is expected to have tumbled year over year due to the ongoing softness in the residential and light commercial businesses, particularly in the Americas. This demand weakness is also likely to have stretched to China as well as Europe, which has likely witnessed more sales decline in the commercial businesses during the second quarter.
The company is likely to have been facing weakness in multiple traditional HVAC markets at the same time, mainly concerned with residential demand, which has resulted in soft contributions from its four reportable segments, including Climate Solutions Americas (contributed 46.8% to first-quarter 2026 sales), Climate Solutions Europe (24.2%), Climate Solutions Asia Pacific, Middle East & Africa (15.6%) and Climate Solutions Transportation (13.3%).
Sales from the Transportation segment are likely to have tumbled in the second quarter because of unfavorable year-over-year comparisons and the inorganic moves undertaken by CARR in reshaping its business portfolio. Although the organic sales are encouraging, these aspects are likely to have primarily resulted in the year-over-year decline.
For the second quarter, the Zacks Consensus Estimate for net sales from Americas, Europe, Asia Pacific, Middle East & Africa and Transportation business segments under Climate Solutions is pegged at $3.17 billion, $1.19 billion, $862 million and $719 million, reflecting year-over-year declines from $3.25 billion, $1.25 billion, $882 million and $726 million, respectively.
Earnings
Carrier is expected to report a year-over-year bottom-line downturn in the second quarter, due to the reduced leverage from declining top-line growth and higher input costs, indicating that maintaining price-cost balance is being difficult. Moreover, elevated European promotions and tariff risks are likely to have added to the year-over-year decline.
What the Zacks Model Indicates for CARROur proven model does not predict an earnings beat for Carrier this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, it is not the case this time around.
CARR’s Earnings ESP: The company has an Earnings ESP of -3.24%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
CARR’s Zacks Rank: The stock currently has a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks Poised to Beat EarningsHere are some companies in the Zacks Construction sector, which according to our model, have the right combination of elements to post an earnings beat.
Boise Cascade Company (BCC - Free Report) has an Earnings ESP of +6.50% and a Zacks Rank of 2 at present.
Boise Cascade’s earnings beat estimates in two of the last four quarters, missed on one occasion and met on the remaining occasion, the average surprise being 40.8%. The company’s earnings for the second quarter of 2026 are expected to decline 25% year over year.
Amentum Holdings, Inc. (AMTM - Free Report) currently has an Earnings ESP of +3.18% and a Zacks Rank of 2.
Amentum’s earnings beat estimates in each of the last four quarters, the average surprise being 4%. The company’s earnings for the second quarter of 2026 are expected to increase 12.5% year over year.
CRH plc (CRH - Free Report) has an Earnings ESP of +4.08% and a Zacks Rank of 3.
CRH’s earnings beat estimates in two of the last four quarters, missed on one occasion and met on the remaining occasion, the average surprise being 0.7%. The company’s earnings for the second quarter of 2026 are expected to inch up 1% year over year.
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