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, /PRNewswire/ -- Sempra (NYSE: SRE) today announced new developments in Texas relating to last week's endorsement by the Electric Reliability Council of Texas (ERCOT) of several new transmission projects serving the southern Dallas–Fort Worth area and the I-35 corridor. Together with a series of other high voltage upgrades in the southern Dallas–Fort Worth area endorsed by ERCOT in April, these projects are expected to require new investment of over $7 billion. When placed in service, which is anticipated between 2026 and 2034, these projects will support approximately 16 gigawatts of new electric demand. Oncor Electric Delivery Company (Oncor), of which Sempra owns an 80.25% stake,1 is the state's largest transmission and distribution electric utility and expects to construct the vast majority of these projects.

"At a time when the state of Texas is experiencing unprecedented growth in electricity demand, Oncor has taken an important leadership role in advancing critical new infrastructure for the benefit of its customers," said Jeffrey W. Martin, chairman and CEO of Sempra. "The timing is also important. As the interconnection rules for new large load customers continue to develop, Oncor is proactively building out and strengthening its supply chain and construction capabilities to accelerate the ongoing expansion of its electric grid."

Oncor is currently executing a company-record $47.5 billion base capital plan for 2026 through 2030. The estimated capital expenditures through 2030 for these new investments are captured within the previously identified $10 billion incremental capital opportunity to Oncor's base capital plan, with a portion representing additional projected investment extending beyond the current five-year plan period. Projects remain subject to additional regulatory approvals.

ERCOT is the region's independent system operator responsible for managing the flow of electric power to more than 27 million Texas customers, or about 90 percent of the state's electric load, and coordinating grid interconnectivity. To address accelerating demand, the ERCOT board of directors has approved a system-wide approach to sequence large-load interconnection requests, which is known as the Batch Zero process. The PUCT is expected to consider final approval of the Batch Zero process later this month. Thereafter, ERCOT is expected to announce full details on the amount of additional transmission upgrades that will be required to support a significant increase in projected electricity demand from large load customers in the second quarter of 2027.

These recent developments at ERCOT provide further momentum and visibility to the strong projected growth beyond Oncor's base capital plan, as well as the company's dedication to supporting its customers' efforts in powering the Texas economy.

About Sempra

Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com and on social media @sempra.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. 

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations. 

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service, Public Utility Commission of Texas and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions such as the planned sale of a portion of our equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates and (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the transmission grid or pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control.  

These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. 

Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, nor are they regulated by the CPUC. 

1 Certain ring-fencing measures, governance mechanisms and commitments limit Sempra's ability to direct the management, policies and operations of Oncor, which has its own board of directors (a majority of which are independent directors) that oversees the management of its activities and sets its company policies.

SOURCE Sempra

, /PRNewswire/ -- Southern California Gas Co. (SoCalGas), a subsidiary of Sempra (NYSE: SRE), announced today that its energy efficiency programs helped customers save more than $106 million on their utility bills in 2025—reducing energy use by approximately 54 million net therms, enough to serve about 38,000 homes annually1.

SoCalGas operates more than 70 customer-facing energy efficiency programs that collectively delivered $1.41 in total customer value for every $1 invested in 2025. "These programs are giving customers more control of their energy use and helping lower their bills," Andy Carrasco, vice president, communications and regional stakeholder engagement at SoCalGas. "We're providing simple, practical tools, rebates, and services so families and small businesses across Southern California can save energy and better manage what they spend each month."

SoCalGas operates more than 70 customer-facing energy efficiency programs that help households and businesses better manage energy use and costs through rebates, direct installation services, property assessments, and financial options. Under the California Public Utilities Commission (CPUC) cost-effectiveness standard, these programs collectively delivered $1.41 in total customer value for every $1 invested in 2025.

These efforts also helped avoid approximately 286,000 metric tons of carbon dioxide equivalent (CO2e) emissions in 2025, or the equivalent of removing more than 66,000 gasoline-powered passenger vehicles from the road for a year1.

Energy efficiency programs are one important way SoCalGas helps customers manage their energy costs today. They also support long-term affordability by reducing overall energy demand and helping limit price volatility during extreme conditions.

As highlighted in The Affordable Way for California, this approach—combining energy efficiency with investments in system reliability and underground storage—helps support customer energy needs and underscores the value of a flexible, resilient energy system.

Between 2021 and 2025, SoCalGas' energy efficiency programs have helped customers save more than $475 million on their utility bills and reduce energy use by more than 242 million net therms—enough to serve about 172,000 homes annually. These efforts have also helped avoid approximately 1.28 million metric tons of CO2e emissions1.

Learn more about SoCalGas' energy efficiency programs and ways to save at https://www.socalgas.com/savings. Click to read the full Energy Efficiency Programs 2025 Annual Report.

About SoCalGas

SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility growth business. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to, as applicable, (i) negotiating pricing and other terms in definitive contracts, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, (iv) obtaining regulatory and other approvals and (v) third parties honoring their contracts and commitments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, and tariff rates and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control.

These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, nor are they regulated by the CPUC.

Message funded by ratepayers.

1 Estimates of avoided CO2e emissions from reduced natural gas consumption associated with program participation are calculated in accordance with California Public Utilities Commission (CPUC) methodologies, and estimates of equivalent avoided greenhouse gas emissions from gasoline-powered passenger vehicles driven for one year and equivalent avoided carbon dioxide emissions from homes' energy use for one year are converted from [net] therms or CO2e, as applicable, using the U.S. Environmental Protection Agency's (EPA) Greenhouse Gas Equivalencies calculator. These figures represent estimates as of a point in time and future changes or updates to the EPA calculator may impact the results.

SOURCE Southern California Gas Co.

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ: AVAV) investors of the July 27, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.

Should You Join The AeroVironment Class Action Lawsuit:

Do you, or did you, own shares of AeroVironment, Inc. (NASDAQ: AVAV)?Did you sell your shares between June 25, 2025 and March 10, 2026, inclusive?Did you lose money in your investment in AeroVironment, Inc.? Investors are encouraged to act promptly and submit a form at AeroVironment, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].

If you wish to serve as lead plaintiff for the Class, you must file papers by July 27, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About The Lawsuit:

A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of AeroVironment between June 25, 2025 and March 10, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.

The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, AeroVironment securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.

About Bernstein Liebhard:

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.

ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
[email protected]

New York, New York--(Newsfile Corp. - June 10, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against AeroVironment, Inc. (NASDAQ: AVAV) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/AVAV.

AeroVironment Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that:

AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; accordingly, Defendants overstated AeroVironment's business and financial prospects; and as a result, Defendants' public statements were materially false and misleading at all relevant times.What's Next for AeroVironment Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/AVAV, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in AeroVironment you have until July 27, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to AeroVironment Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for AeroVironment Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299073

Source: Bronstein, Gewirtz & Grossman, LLC

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

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LOS ANGELES, June 10, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises AeroVironment, Inc., (“AeroVironment” or the "Company") (NASDAQ: AVAV) investors of a class action on behalf of investors that bought securities between June 25, 2025 and March 10, 2026, inclusive (the “Class Period”). AeroVironment investors have until July 27, 2026 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/aerovironment-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

AeroVironment designs, develops, produces, delivers, and supports a portfolio of robotic systems and related services for government agencies and businesses. The AeroVironment class action lawsuit alleges on May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC, which had previously been awarded a contract to support the U.S. Space Force’s Satellite Communication Augmentation Resource (“SCAR”) program. The SCAR program represents the U.S. Space Force’s efforts to modernize antennas used by the Satellite Control Network (“SCN”), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health, according to the complaint.

The AeroVironment class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force’s ongoing efforts to modernize the SCN; and (ii) accordingly, defendants overstated AeroVironment’s business and financial prospects.

The AeroVironment class action lawsuit further alleges that on January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on AeroVironment’s agreement to deliver BADGER systems to the SCAR program. In the same announcement, AeroVironment allegedly stated that the stop work order “allows for the parties to negotiate an amended agreement for the future of the SCAR program” and that “[t]he Company expects to continue to deliver capabilities and products for the SCAR program.” On this news, the price of AeroVironment stock fell nearly 16%, according to the complaint.

Then, on March 2, 2026, SpaceNews allegedly reported that the U.S. Space Force was reopening the SCAR program and “reassessing how to move forward.” Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating: “We have been in conversations with the SAE [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR,” the complaint alleges. On this news, the price of AeroVironment stock fell more than 17%, according to the complaint.

Finally, on March 10, 2026, the complaint alleges that AeroVironment announced its financial results for the third quarter of fiscal year 2026. Among other items, AeroVironment allegedly reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025. These financial results reflected the impact of a $151.3 million goodwill impairment in AeroVironment’s space division after the stop work order on AeroVironment’s BADGER systems built for the SCAR program, according to the AeroVironment class action lawsuit. AeroVironment also allegedly reported that the U.S. Space Force had terminated AeroVironment’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program. On this news, the price of AeroVironment stock fell more than 6%, the complaint alleges.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
[email protected]
310-692-8883
www.portnoylaw.com

Attorney Advertising

, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN AEROVIRONMENT, INC. (AVAV), CLICK HERE BEFORE JULY 27, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

What Is The Lawsuit About? 
The complaint filed alleges that, between June 25, 2025 and March 10, 2026, Defendants failed to disclose to investors that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (2) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More: 
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE The Law Offices of Frank R. Cruz, Los Angeles

New York, New York--(Newsfile Corp. - June 10, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

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

WHAT TO DO NEXT: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300940

Source: The Rosen Law Firm PA

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, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against AeroVironment, Inc. ("AeroVironment" or "the Company") (NASDAQ: AVAV) 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.

Shareholders who purchased shares of AVAV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: June 25, 2025 to March 10, 2026
DEADLINE: July 27, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. AeroVironment misled investors over the level of competition it faced for contracts with the U.S. Space Force's Satellite Communication Augmentation Resource ("SCAR") program. Based on these facts, AeroVironment's public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

 Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

SOURCE DJS Law Group LLP

Alert: Claims Focus on AeroVironment's Reliance on a Single-Vendor Bespoke Contract That Allegedly Left Investors Exposed When the Space Force Shifted to Multi-Vendor Commercial Solutions

, /PRNewswire/ -- SueWallSt reminds purchasers of AeroVironment, Inc. (NASDAQ: AVAV) securities of a pending securities class action.

THE CASE: A class action seeks to recover damages for investors who purchased AVAV securities between June 25, 2025 and March 10, 2026.

YOUR OPTIONS: You may be entitled to compensation without payment of any out-of-pocket fees. See if you can recover losses or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

AeroVironment's space division revenue depended on a single customer contract worth $1.7 billion to deliver bespoke BADGER phased array antenna systems under the SCAR program. When the U.S. Space Force terminated that contract for convenience and shifted toward a multi-vendor, commercial off-the-shelf acquisition strategy, AeroVironment recorded a $151.3 million goodwill impairment and a $179.0 million operating loss in a single quarter. Investors have until July 27, 2026 to seek lead plaintiff status.

How a Bespoke, Single-Customer Model Allegedly Created Concentrated Risk

A defense contractor building a custom product to one customer's specifications faces a fundamentally different risk profile than a company selling standardized equipment to multiple buyers. The complaint contends that AeroVironment's BADGER system was designed specifically for the Space Force's SCAR program, creating a dependency that management allegedly failed to disclose. The U.S. Government Accountability Office had described the Satellite Control Network as "aging and difficult to maintain" as early as April 2023, yet the lawsuit asserts that defendants characterized the arrangement as stable and poised for growth rather than acknowledging the customer's evolving procurement philosophy.

Alleged Vendor Concentration Impact by the Numbers

Approximately $1.5 billion of AeroVironment's $3 billion unfunded backlog was tied to a single program, SCAR, representing roughly 50% concentration risk in one contract The BADGER system was a bespoke product built to Space Force specifications, not a commercial off-the-shelf solution adaptable to other customers The stop work order triggered a reevaluation that reduced the acquired space business value by approximately 17% from its acquisition date valuation AeroVironment's Q3 FY2026 operating loss ballooned from $3.1 million the prior year to $179.0 million, driven almost entirely by the SCAR-related impairment Revenue guidance was lowered from $1.95-$2.0 billion to $1.85-$1.95 billion after the contract disruption The BlueHalo acquisition, completed at a $4.1 billion enterprise value, was premised in part on the SCAR contract's continued execution Acquisition Strategy and the Alleged SCAR Dependency

The filing states that AeroVironment completed its acquisition of BlueHalo for approximately $4.1 billion in enterprise value on May 1, 2025. BlueHalo had originally won the $1.4 billion SCAR contract, later increased to $1.7 billion. The lawsuit chronicles how this acquisition effectively doubled down on a single-vendor relationship with the Space Force. When the customer pivoted toward diversifying suppliers and pursuing commercial solutions, the complaint alleges that the concentrated operational model unraveled, taking $151.3 million in goodwill with it.

"The complaint raises serious questions about whether investors received accurate information regarding the sustainability of a revenue model dependent on a single bespoke government contract," stated Joseph E. Levi, Esq.

Calculate your potential recovery or call (888) SueWallSt.

ABOUT SUEWALLST -- Over the past 20 years, SueWallSt has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, SueWallSt has ranked in ISS Securities Class Action Services' Top 50 Report. Motions for lead plaintiff must be filed with the Court by July 27, 2026.

Frequently Asked Questions About the AVAV Lawsuit

Q: Who is eligible to join the AVAV investor lawsuit? A: Investors who purchased AVAV stock or securities between June 25, 2025 and March 10, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.

Q: When did AeroVironment allegedly mislead investors? A: The class period runs from June 25, 2025 to March 10, 2026. The alleged fraud was revealed through a series of corrective disclosures beginning January 20, 2026 that caused significant stock declines totaling approximately 47%.

Q: What do AVAV investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at [email protected] or (888) SueWallSt. No immediate action is required to remain eligible as a class member.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What if I already sold my AVAV shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.

CONTACT:
SueWallSt
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (888) SueWallSt
Fax: (212) 363-7171

SOURCE SueWallSt.com

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against AeroVironment, Inc. ("AeroVironment" or the "Company") (NASDAQ: AVAV) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia, and docketed under 26-cv-01429, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

If you are an investor who purchased or otherwise acquired AeroVironment securities during the Class Period, you have until July 27, 2026, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.  

[Click here for information about joining the class action]

AeroVironment operates as a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber.

On May 1, 2025, AeroVironment announced it had completed the acquisition of BlueHalo, LLC ("BlueHalo"), a defense technology firm specializing in advanced engineering products, in an all-stock transaction with an enterprise value of approximately $4.1 billion.

Three years earlier, BlueHalo had been awarded a $1.4 billion contract to deliver BADGER phased array antenna systems (a type of advanced ground-terminal system used to track satellites), to support the United States Space Force's Satellite Communication Augmentation Resource ("SCAR") program.  The BADGER would be a bespoke product designed for the United States ("U.S.") Space Force, according to its specifications.  This contract value subsequently increased to $1.7 billion. 

The SCAR program represents the U.S. Space Force's efforts to modernize antennas used by the Satellite Control Network ("SCN"), which is comprised of 19 fixed antennas across the world and executes tasks such as tracking satellites, transmitting signals, and conducting telemetry, or accessing data from satellites to assess their status and health.

In an April 2023 report, the U.S. Government Accountability Office described the SCN as "aging and difficult to maintain."  The U.S. Space Force has described the purpose of the SCAR program as modernizing the aging SCN by introducing phased array antennas to the network that boast newer capabilities, such as the ability to communicate with more than one satellite simultaneously. 

During the Class Period, Defendants consistently assured investors that the SCAR program would drive revenue growth for AeroVironment moving forward.  Among other items, Defendants stated that the SCAR program represented a "tremendous growth opportunity," that AeroVironment's work pursuant to the contract was "very much on track," that the customer was "asking for more [BADGER systems]," and that the Company stood "ready to build more."

The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects.  Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the SCAR program and the U.S. Space Force's ongoing efforts to modernize the SCN; (ii) accordingly, Defendants overstated AeroVironment's business and financial prospects; and (iii) as a result, Defendants' public statements were materially false and misleading at all relevant times.

On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company's agreement to deliver BADGER systems to the SCAR program.  In the same announcement, AeroVironment stated that the stop work order "allows for the parties to negotiate an amended agreement for the future of the SCAR program" and that "[t]he Company expects to continue to deliver capabilities and products for the SCAR program."  

On this news, AeroVironment's stock price fell $61.97 per share, or 15.77%, to close at $330.89 per share on January 20, 2026.

Then, on March 2, 2026, Space News reported that the U.S. Space Force was reopening the SCAR program and "reassessing how to move forward."  Space News quoted Colonel Owen Stevens, director of contracting at the Space Rapid Capabilities Office, which supervised SCAR, as stating, "We have been in conversations with the [senior acquisition executive] for a little while now, and we are going to move into a new acquisition strategy for SCAR."  

On this news, AeroVironment's stock price fell $43.93 per share, or 17.42%, to close at $208.32 per share on March 2, 2026.

Then, on March 10, 2026, AeroVironment announced its financial results for the third quarter of fiscal year 2026.  Among other items, AeroVironment reported a third-quarter operating loss of $179.0 million, compared to an operating loss of $3.1 million for the same period in fiscal year 2025.  These financial results reflected the impact of a $151.3 million goodwill impairment in the Company's space division after the stop work order on the Company's BADGER systems built for the SCAR program.  AeroVironment also reported that the U.S. Space Force had terminated the Company's contract concerning the SCAR program, and as a result, it would have to "recompete" for the SCAR program.

On this news, AeroVironment's stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.

On March 31, 2026, the U.S. Space Force announced its decision to diversify suppliers and rely on less costly commercial, off-the-shelf solutions in connection with its work to upgrade the SCN, instead of pursuing another single-vendor bespoke solution. 

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

Attorney advertising.  Prior results do not guarantee similar outcomes.  

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

SOURCE Pomerantz LLP

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In AeroVironment (AVAV) To Contact Him Directly To Discuss Their Options

If you purchased or acquired AeroVironment securities between June 25, 2025 and March 10, 2026 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, June 11, 2026 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against AeroVironment, Inc. (“AeroVironment” or the “Company”) (NASDAQ:AVAV) in the United States District Court for the Eastern District of Virginia on behalf of all persons and entities who purchased or otherwise acquired AeroVironment securities between June 25, 2025 and March 10, 2026, both dates inclusive (the “Class Period”). Investors have until July 27, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:

The lawsuit alleges that Defendants made false and misleading statements and/or failed to disclose material adverse facts by understating the likelihood that AeroVironment would imminently face competition from other vendors for the work it performed in connection with the Satellite Communication Augmentation Resource program and the U.S. Space Force’s ongoing efforts to modernize the Satellite Control Network.
On January 20, 2026, AeroVironment announced that the U.S. government had issued a stop work order on the Company’s agreement to deliver BADGER systems to the SCAR program. On this news, AeroVironment's stock price fell $61.97 per share, or over 15%, to close at $330.89 per share on January 20, 2026.
Then, on March 10, 2026, AeroVironment announced disappointing financial results for the third quarter of fiscal year 2026. These financial results reflected the impact of a $151.3 million goodwill impairment in the Company’s space division after the stop work order on the Company’s BADGER systems built for the SCAR program. AeroVironment also reported that the U.S. Space Force had terminated the Company’s contract concerning the SCAR program, and as a result, it would have to “recompete” for the SCAR program. On this news, AeroVironment’s stock price fell $13.84 per share, or 6.24%, to close at $207.73 per share on March 11, 2026.
Next Steps:

If you purchased or otherwise acquired AeroVironment shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
[email protected]
www.bespc.com

New York, New York--(Newsfile Corp. - June 11, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AeroVironment, Inc. (NASDAQ: AVAV) between June 25, 2025 and March 10, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

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

WHAT TO DO NEXT: To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AeroVironment understated the likelihood that it would imminently face competition from other vendors for the work it performed in connection with the U.S. Space Force's Satellite Communication Augmentation Resources ("SCAR") program and the U.S. Space Force's ongoing efforts to modernize the Satellite Control Network ("SCN"); (2) accordingly, defendants overstated AeroVironment's business and financial prospects; and (3) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AeroVironment class action, go to https://rosenlegal.com/cases/aerovironment-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301164

Source: The Rosen Law Firm PA

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“Last year I invested in this stock, and I am currently down 30%, patiently waiting on a rebound.” That confession came from a caller on the May 26 episode of Mad Money, asking Jim Cramer whether DoorDash still belonged in his “own it, don’t trade it” bucket.

Cramer’s answer was immediate: “I think DoorDash is a buy.”

Then he diagnosed what he thinks is actually wrong with the stock, and it has very little to do with the company itself.

Cramer’s Diagnosis: A Sector Rotation Story Here is the full Cramer read on DoorDash (NASDAQ:DASH | DASH Price Prediction): “There’s a real group of stocks now. Uber, DoorDash, Reddit, they are going down. People want to own hardware. They don’t want to own those others, they don’t want to own Zscaler. They don’t want to own semiconductors. I mean they want to do so for this one Semi only semi. And that’s what’s hurting DoorDash.”

He repeated the punchline for emphasis: “That’s what they want is semi, not DoorDash.”

I have been watching this rotation play out for months now, and the tape backs Cramer up. DASH is down 32% year to date, with shares at $158.30 after starting the year above $226. Uber (NYSE:UBER) is down 14% YTD. Reddit (NYSE:RDDT) is down 37% YTD. Three platform companies bleeding in unison.

Meanwhile, the Semis Cramer Is Talking About NVIDIA (NASDAQ:NVDA) is up 15% YTD and 64% over the past year, riding 85% revenue growth and a Q2 guide of $91 billion. Broadcom (NASDAQ:AVGO) is up 22% YTD and 86% over the past year.

When Jensen Huang calls AI infrastructure “the largest infrastructure expansion in human history,” capital follows. Every dollar chasing that thesis is a dollar not buying food delivery, ride-share, or social. Goldman’s 2026 outlook flagged this directly, noting that semiconductors are seeing continued multiple expansion as opposed to software.

What DoorDash Actually Did Last Quarter The business is still growing fast. In Q1 2026, DoorDash posted revenue of $4.04 billion, up 33% year over year, with Marketplace GOV up 37% to $31.6 billion and adjusted EBITDA up 28% to $754 million. The Deliveroo deal that closed in October contributed $362 million in revenue. Free cash flow came in at $420 million.

The blemishes are real but mostly investment-related. GAAP net income fell 5% while revenue grew a third, and Q2 carries a $50 million Dasher gas relief headwind. Q4 2025 EPS of $0.48 missed the $0.59 consensus kicked off the slide.

The Valuation Question Investors Need to Answer Even after the haircut, DASH trades at a forward P/E of 53 and trailing P/E of 76. Compare that to Uber’s roughly 14x trailing earnings, and you can see why some investors balk at “cheap.” The analyst community still likes it: 36 buy-or-strong-buy ratings versus 10 holds, with an average target of $245.99, well above today’s $158.

Reddit’s own community is wrestling with the same question. The dominant thread on RDDT this week asks whether the recent dip is a great buying opportunity or has more downside. DASH composite sentiment sits at 52.98, neutral, with a 30-day improvement of 10 points.

The Logic Bridge You buy DoorDash here IF you believe Cramer is right that the semiconductor rotation is temporary, that 56 million monthly active users and 35 million members represent a durable platform, and that Deliveroo integration delivers the $200 million in incremental 2026 EBITDA management is guiding to. You avoid it IF you think a 53x forward multiple cannot survive a deeper consumer slowdown, or if you believe the “own hardware, not software” trade has further to run.

The caller asked Cramer whether to keep waiting patiently while down 30%. His answer was that Wall Street’s tunnel vision is what’s testing the patience, while DoorDash’s own execution remains intact. Every company is becoming a tech company or dying, and DoorDash already crossed that bridge. The question is whether the market remembers before the rotation reverses, or after.

The brands’ first international spot, “Deliver Us to Fútbol,” captures the emotion and frenzy that unites fans around the world throughout the tournament

SAN FRANCISCO--(BUSINESS WIRE)--DoorDash (NASDAQ: DASH), together with its global portfolio of brands, Deliveroo and Wolt, today unveiled the brands’ first-ever international campaign to spotlight its role as an Official Tournament Supporter of the FIFA World Cup 2026™.

The “Deliver Us To Fútbol” campaign marks a milestone moment for the three brands, bringing them together on an international stage for the first time to celebrate the passion, anticipation, and rituals that define the world’s match. Produced in partnership with GUT Los Angeles and GUT Design, the campaign launches today across TV, BVOD, OOH, paid digital, audio and social channels internationally. It will be brought to life through local activations, partnerships and events across DoorDash in the US and Canada, as well as Deliveroo (UK, France, Italy) and Wolt (Germany, Norway, Finland, Denmark) in their respective regions.

DoorDash will also bring back its seventh Summer of DashPass in the US timed with the international campaign. This work was also developed in collaboration with FIFA World Cup 2026™ sponsors including Michelob Ultra, McDonald’s and Frito-Lay, alongside other FIFA World Cup 2026™ supporters like Casamigos and key DoorDash partners such as Kroger and CVS Pharmacy.

As the Official On-Demand Delivery Supporter and the Official Restaurant Reservations Platform Supporter of the FIFA World Cup 2026™, DoorDash, along with its global portfolio of brands, is here to help when life gets chaotic during the tournament. Between superstitions, nonstop match viewing, and disrupted sleep schedules, it’s easy for things to go off the rails. DoorDash, Deliveroo and Wolt are the ultimate life assistants to fuel the frenzy so fans can focus on what matters most: fútbol.

“Deliver Us to Fútbol” is an ode to the rituals of the game, following the experience of a Dasher during the FIFA World Cup™ and spotlights iconic tournament moments referenced throughout the spot for superfans. The emotional rollercoaster of the tournament inspired the many thoughtful details woven throughout the work, capturing the fervor unique to this quadrennial moment. Whether it’s delivering coffee to stay up for a match, a pen for a once-in-a-lifetime autograph, or a celebratory meal to mark the win, DoorDash, Deliveroo and Wolt have it all to support fans.

Fútbol fans will also spot appearances from FIFA World Cup™ Champion and global fútbol icon, Ricardo Kaká, FIFA Women’s World Cup™ champion, Alex Morgan and international social media superstar, Khaby Lame.

Beyond the screen, DoorDash, Deliveroo and Wolt are bringing the stadium energy straight to fans with epic local watch parties, celebratory fan festivals, and exclusive offers from DoorDash Reservations in the US. The three brands are also giving fans the chance to earn rewards and win match tickets in a number of ways all tournament long.

"The FIFA World Cup™ has a way of taking over daily life. Sleep schedules shift, reservations revolve around kickoff, and fans hold tight to the matchday food rituals that make every match feel personal,” said Gina Igwe, Vice President of Brand, Creative and Consumer Marketing at DoorDash. “This campaign reflects how DoorDash, Deliveroo and Wolt show up in those moments, fueling the fandom and taking care of everything around the match so fans can stay focused on fútbol. It’s a defining moment to bring our three brands together in one international piece of creative, built to resonate across countries, cultures and communities."

“Fútbol has always been about unforgettable moments that fans, teams and players create together, especially during the FIFA World Cup™,” said Kaká. “I know what it’s like to experience the frenzy as both a player and a fan, so I know first hand how all-consuming it is to be fully immersed during the tournament. Partnering with DoorDash means supporting fans with the best assist during the FIFA World Cup™.”

“For me, the FIFA World Cup™ is about connection, whether you’re on the pitch or watching with friends and family,” said Alex Morgan. “DoorDash and DashPass are the ultimate assists for anyone balancing a packed schedule during the summer and getting ready for an even more eventful season with the FIFA World Cup™.”

As excitement builds toward the FIFA World Cup 2026™, DoorDash, Deliveroo and Wolt are proud to play a role in bringing fans closer to the match. Fans should stay tuned for more surprises throughout the tournament.

About DoorDash

DoorDash is one of the world’s leading local commerce platforms, helping businesses grow and connecting consumers with the best of their neighborhoods. Through its global portfolio, including Deliveroo and Wolt, DoorDash serves communities across more than 40 countries, delivering experiences that bring people together—from everyday moments to global celebrations.

The global food delivery market has entered a consolidation phase, a high-stakes endgame where regional players are absorbed by highly capitalized platforms. This structural shift now centers on Berlin-based Delivery Hero OTCMKTS: DLVHF, which has become the focal point of a strategic bidding war between U.S. giants Uber Technologies NYSE: UBER and DoorDash NASDAQ: DASH.

The outcome of this contest will not only determine control over key European and Middle Eastern markets but will also reveal which competitor’s balance sheet is truly optimized for a multi-billion-dollar integration. For investors, the conflict presents a critical question: is financial firepower or strategic precision the key to unlocking long-term value in a rapidly maturing industry?

Get Uber Technologies alerts:

Consolidation Crumble: The Last Slice of the PieThe bidding war ignited when Uber initiated an indicative offer of 33 euros (approx. $35.70) per share for Delivery Hero, a valuation the target’s board promptly rejected. As activist investors apply pressure for a figure closer to €40 (approx. $43.28), the negotiations have drawn DoorDash into the fray, creating a complex proxy battle.

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$68.02 -1.54 (-2.21%)

As of 11:54 AM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$67.19▼

$101.99P/E Ratio16.96

Price Target$104.68

This aggressive maneuvering signals the capitulation of Europe’s fragmented delivery ecosystem. For years, the region was characterized by intense competition and promotional cash burn, making sustained profitability elusive.

Now, the landscape is shifting toward a duopolistic structure dominated by U.S. operators. Previous transactions, such as DoorDash's 2022 acquisition of Wolt, set the precedent for this wave of consolidation. A successful buyout of Delivery Hero would grant the acquirer immense market share and unilateral pricing power across dozens of countries, effectively ending the costly delivery wars. Delivery Hero’s stock price has surged by more than 90% over the last month, reflecting the market’s anticipation of a sweetened offer and the strategic value of its geographic footprint.

Funding the Fight: Who Has the Deeper Pockets?At the heart of this acquisition battle is a stark contrast in financial positioning. Uber appears to hold a decisive advantage, underpinned by robust and growing free cash flow. Uber ended its first quarter of 2026 with $6.1 billion in unrestricted cash and generated an impressive $2.35 billion in operating cash flow during the period.

This formidable financial engine provides Uber with the liquidity to absorb a large acquisition like Delivery Hero without resorting to excessive leverage or shareholder dilution. With a pragmatic trailing price-to-earnings (P/E) ratio of 18 and $10.05 billion in net income, Uber’s valuation is grounded in tangible profitability.

DoorDash Today

$149.09 -5.50 (-3.56%)

As of 11:54 AM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$143.30▼

$285.50P/E Ratio71.00

Price Target$256.11

DoorDash, while also a formidable competitor, approaches the deal from a different capital position. DoorDash holds a healthy $4.6 billion in cash, but its war chest was recently bolstered by a $2.75 billion convertible note issuance. While this provides ample capital for a strategic bid, it signals a greater reliance on financing rather than purely organic cash generation.

This distinction is critical for investors assessing post-acquisition risk. DoorDash’s growth-oriented valuation, reflected in its trailing P/E of 75, implies that the market expects flawless execution.

Taking on a massive, debt-financed acquisition could introduce significant integration risks that its current valuation may not fully price in.

The Brussels Blockade: Can a Deal Survive EU Scrutiny?While Uber possesses the financial muscle for a complete takeover, the path is fraught with significant regulatory and operational headwinds, particularly in Europe. The primary obstacle is the EU Platform Work Directive, a sweeping piece of legislation that aims to reclassify gig-economy workers as employees.

Absorbing Delivery Hero’s extensive European courier network would force the acquirer to navigate these complex rules, which threaten to dismantle the asset-light business model that has defined the sector. The potential for mandated benefits, minimum wages, and collective bargaining rights could trigger severe margin compression, turning a strategic asset into a long-term liability.

Furthermore, antitrust scrutiny from the European Commission looms large. Regulators have already demonstrated their hostility toward market consolidation in the sector, previously fining Delivery Hero and Glovo €329 million (approx. $355.8 million) for anticompetitive practices.

A wholesale acquisition of Delivery Hero by a dominant player like Uber would almost certainly invite a protracted and potentially deal-killing investigation. These regulatory hurdles create a complex risk-reward calculus, diminishing the appeal of a straightforward takeover.

Checkmate: Surgical Strike or Total Domination?Given the intense regulatory friction in Europe, DoorDash’s rumored surgical carve-out strategy may represent the more pragmatic and value-accretive approach. Reports suggest DoorDash is primarily targeting Delivery Hero’s highly profitable Middle Eastern division, Talabat, as well as its Turkish assets.

This surgical strike would allow DoorDash to acquire crown-jewel assets with strong unit economics while entirely sidestepping the European regulatory minefield. Such a move would be strategically sound, adding high-growth markets without inheriting the margin risks associated with the EU’s labor reclassification efforts.

For Uber, the all-or-nothing approach presents a higher-risk, higher-reward scenario. A successful, full acquisition would cement its status as the undisputed global leader in delivery logistics. However, the path is narrow, and success depends on Uber’s ability to navigate a hostile regulatory environment.

The market’s temporary cooling in Uber’s stock price, which has seen a 13% year-to-date decline, partly reflects investor concerns about capital allocation and regulatory risks tied to this ambitious bid. Investors tracking the global logistics space may consider the outcome of this bidding war a key indicator of future market structure. Evaluating each company’s balance sheet and strategic approach to regulatory risk appears essential before taking a position in the next phase of consolidation.

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The gig economy has evolved from a collection of experimental startups into a massive global infrastructure. Investors must now decide whether Uber Technologies (UBER 2.20%) or DoorDash (DASH 3.84%) offers better potential.

Uber operates as a global transportation platform, moving people and freight across dozens of countries. DoorDash focuses on local commerce, aiming to become the logistics layer for every neighborhood store. Both companies are now generating positive net income, yet their growth trajectories and valuation multiples differ significantly.

The case for Uber TechnologiesUber operates a massive global logistics network that connects riders with drivers and merchants with consumers. The company generates revenue through three primary segments: Mobility, Delivery, and Freight, serving over 15,000 cities worldwide. Nearly 15% of its mobility gross bookings originate from airport trips, making travel a critical driver of its high-margin business.

In FY 2025, revenue reached nearly $52.0 billion, up approximately 18.3% from the prior year. This top-line expansion supported a net income of close to $10.1 billion, resulting in a net margin of roughly 19.3%. These figures highlight a significant trend toward profitability as the company scales its advertising and membership programs.

As of its December 2025 balance sheet, the debt-to-equity ratio is approximately 0.5x, which compares total debt to shareholder equity. The current ratio is nearly 1.1x, a measure of how well a company can pay its upcoming bills with current assets. For the full year, the business generated free cash flow of close to $9.8 billion, which is the cash remaining after paying for property and equipment. This capital provides flexibility to reinvest in tech stocks that support its platform.

The case for DoorDashDoorDash functions as a local commerce platform that facilitates the delivery of food, groceries, and retail goods to over 56 million monthly active users. The company has successfully expanded its subscription services, boasting more than 35 million members across its DashPass and Wolt+ programs. By positioning itself as a neighborhood logistics partner, it has diversified away from purely restaurant-based delivery.

Revenue reached nearly $13.7 billion during FY 2025, an increase of approximately 27.9% over the previous fiscal year. The company reported a net income of close to $935.0 million, yielding a net margin of roughly 6.8%. While this is lower than its peer, it represents a notable swing into profitability from previous years.

Based on the December 2025 balance sheet, the debt-to-equity ratio is approximately 0.4x. Its current ratio of nearly 1.4x indicates the company has sufficient liquid assets to cover its short-term obligations. Free cash flow, or the cash produced after accounting for capital expenditures, was close to $2.2 billion for the year. Note that stock-based compensation represented roughly 43.2% of operating cash flow, which inflates reported cash generation since SBC is a non-cash expense added back in the cash flow statement.

Risk profile comparisonUber faces risks regarding driver classification as employees, which could fundamentally change its business model and increase costs. Competition remains intense from companies like Lyft (LYFT 1.12%)and Amazon(AMZN 2.19%), while autonomous vehicle development by Alphabet(GOOG +0.95%) (GOOGL +1.11%)or Tesla (TSLA 1.76%)could disrupt its current network. Additionally, the company is highly dependent on demand in major metropolitan areas and airports, making it vulnerable to local regulations or travel downturns.

DoorDash also navigates regulatory scrutiny over how it classifies its delivery workers, with potential reclassifications threatening its fee structure. It competes against deep-pocketed rivals such as Amazon and Uber Technologies, which can use their broader ecosystems to lure customers away. Furthermore, the company relies on Apple and Alphabet's mobile operating systems to reach its massive user base, making it susceptible to changes in app store terms.

Valuation comparisonUber Technologies trades at a lower Forward P/E and P/S ratio. These metrics compare the share price to future earnings estimates and total revenue, respectively.

MetricUber TechnologiesDoorDashSector BenchmarkForward P/E22.7x61.8x38.2xP/S ratio2.9x5.1xSector benchmark uses the SPDR XLK sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.

Uber and DoorDash have a lot in common. Both built their businesses around the gig economy, connecting consumers with independent workers through mobile apps. But they represent two different investment stories. My instinct is to invest in the company I patronize most often, but that might not be the right approach.

Uber began as a ride-sharing company, the one you’d call for a ride to the airport or a night out with the girls. But it’s become much more. Its people-moving business generates significant cash flow, but its delivery segment, Uber Eats, sets it up as a direct rival to DoorDash. The combination of the two provides diversification and makes Uber more flexible to deal with economic uncertainty.

DoorDash is another household name, known for delivering your takeout dinner. Its revenue growth is impressive, and management is investing in AI and even autonomous delivery. This innovation could shape the future of food delivery, and DoorDash could deliver significant growth. It’s expanded beyond restaurant food and now delivers groceries and other retail goods, but it lacks Uber’s diverse business model.

I’m more likely to be a DoorDash customer than Uber, but I’d be more likely to invest my money in shares of Uber. An investment in DoorDash is a bet on its future innovation and expansion, while Uber is already generating solid revenue. Uber’s diversification and current profitability make it the investment I’d choose in an uncertain market.

© teppakorn tongboonto / Getty Images

Everyone is talking about DoorDash (NASDAQ:DASH | DASH Price Prediction) again because a splashy Deliveroo deal, autonomous delivery hype, and a fresh AI narrative have analysts pounding the table on a stock that traded near $285 last summer. The underlying numbers tell a different story.

The DoorDash story is a textbook case of revenue growth masking a deteriorating business. Yes, Q1 2026 revenue jumped 33% year over year to $4.04 billion, but strip out the $362 million Deliveroo contribution and core growth was closer to 21%. More telling: GAAP net income actually declined 5% year over year on that same top line. Net revenue margin slipped from 13.1% to 12.8%, and adjusted EBITDA margin as a percent of GOV compressed from 2.6% to 2.4%. Operating margin sits at a razor-thin 5.25% while the stock trades at a trailing P/E of 76x.

Then there is the labor problem. DoorDash flagged that Dasher gas relief costs will exceed $50 million in Q2 alone, worker classification risk has not gone away, and 2026 stock-based compensation is guided to $1.3 to $1.4 billion. That is shareholder dilution dressed up as a payroll expense. The market has noticed: DASH is down 29.68% year to date and 22.22% over the past year. EPS missed consensus by 19.12% in Q3 2025 and another 18.51% in Q4. Two strikes, and the swing keeps getting wilder.

Union Pacific (NYSE:UNP) offers something DoorDash will never have: an irreplaceable physical network. Three reasons it screens more favorably for retirement-focused investors.

First, the moat is the asset. Union Pacific operates roughly half of a true U.S. rail duopoly, and the pending $85 billion Norfolk Southern merger would create America’s first transcontinental railroad spanning 43 states. You cannot replicate that track. You cannot venture-capital your way around it. App-based food delivery is fragmented, commoditized, and one regulatory ruling away from a structural cost reset. Rail is the literal backbone of American commerce.

Second, the numbers actually work. Q1 2026 adjusted EPS of $2.93 beat consensus, revenue rose 3.1% to $6.22 billion, and the adjusted operating ratio tightened 80 basis points to 59.9%. Operating margin runs at 40.4%, profit margin at 29.2%, and the P/E is a sane 22x. CEO Jim Vena affirmed mid-single-digit EPS growth for 2026 and a multi-year target of high-single to low-double digit EPS growth through 2027.

Third, capital comes back to you. Union Pacific paid $1.38 per share in its most recent quarter, raised the dividend in 2025 after years of steady hikes, and bought back $2.68 billion of stock in 2025. DoorDash pays no dividend and is busy printing shares to pay its workforce. The contrast is what retirement portfolios are built on.

Freight tied to grain, coal, chemicals, and industrial inputs is essential, while premium burrito delivery sits squarely in the discretionary bucket. With UNP up 15.35% year to date and 306% over the past decade, the market is already voting.

For investors weighing the two, Union Pacific looks like the more durable name to dig into next.

After returning to form last year -- trouncing the market in 2025 after struggling in recent years -- Ark Invest co-founder, CEO, and Chief Investment Officer Cathie Wood is trying to piece together back-to-back years of success. Her aggressive growth exchange-traded funds (ETFs) have had a mixed showing so far. Two of her five ETFs have more than doubled the market's return, but the other three are badly trailing Wall Street's winning ways.

She was particularly busy on Thursday, adding to some of her existing positions. Ark Invest bought shares of Broadcom (AVGO 1.43%), DoorDash (DASH 3.84%), and Coinbase Global (COIN +1.05%). Broadcom tumbled on Thursday. DoorDash and Coinbase ticked higher, but are trading 44% and 64% below their highs, respectively. Let's take a closer look.

Image source: Getty Images.

1. Broadcom Broadcom stock hit an all-time high on Wednesday. It was a different story on Thursday, as the provider of semiconductor and tech infrastructure solutions saw its shares plummet 13% after posting poorly received financial results. The drop is historically significant.

The stock's single-day drop of $285.6 billion in market cap is the fourth-largest slide among the market's megacaps over the last six years. Broadcom's latest quarter was decent.

Revenue rose 49% to $22.2 billion for the fiscal second quarter, as the artificial intelligence (AI) semiconductor business that made up nearly half of its top-line results soared 143%. The bottom line fared even better, as reported net income rose 88%, climbing 55% on an adjusted basis. It was a modest beat on both ends of the income statement. Guidance was the dagger.

Today's Change

(

-1.43

%) $

-5.51

Current Price

$

380.06

Broadcom's outlook for the new fiscal third quarter may seem strong at first glance. Broadcom is targeting $29.4 billion in revenue for the current quarter. It's a substantial step up sequentially and a heartier 84% year-over-year jump. It's also actually just ahead of where the market pros were perched, but the stock's monster run heading into the report apparently required an even rosier outlook.

Even after the stock's slide on Thursday, Broadcom stock is still trading 60% higher over the past year. It's an eight-bagger over the last five years. Several analysts would go on to boost their price targets on what is technically a beat-and-raise performance. One Wall Street pro even upgraded the shares on Friday. It was a strong report. Valuation expectations are just being reset on the AI pick-and-shovel play after the performance.

Today's Change

(

-3.84

%) $

-5.93

Current Price

$

148.66

2. DoorDash It's been a year of indigestion for DoorDash shareholders. Shares of the company behind the leading third-party app for restaurant delivery have been cut nearly in half over the past year. There have been a couple of earnings misses in that time, even as revenue growth accelerated in 2025 after years of deceleration.

DoorDash continues to find new ways to serve up growth. This week, DoorDash announced upgrades to its suite of advertising tools. Last month, DoorDash posted well-received results and revealed a push into restaurant point-of-sale software.

However, rising gas prices and waning consumer confidence heighten the spice profile of the business model's risk. Can it continue to build out its fleet of gig-economy drivers if the situation in Iran worsens and fuel costs rise again? Will folks pay a premium to have food and other merchandise delivered in a softening economy?

Wood apparently thinks that the pessimism is overdone, and she may be on to something here. DoorDash has established itself as a niche leader of a growing industry. Top-line deceleration is expected to return next year, but there are fates far worse than 20% revenue growth next year on widening profitability. When it comes to Ark Invest taking a bigger bite of DoorDash, I'll have what she's having.

Today's Change

(

1.05

%) $

1.69

Current Price

$

162.12

3. Coinbase Coinbase stock has shed nearly two-thirds of its value since peaking last summer. Enthusiasm for Bitcoin (CRYPTO: BTC) has been waning, down 15% over the past week and off by more 40% over the past year. The total market cap of all cryptocurrencies has fallen 20% to $2.1 trillion over the past month.

Coinbase is the leading online trading platform for digital currencies. If crypto prices are sliding, it's going to shrink account values and ultimately soften trading activity. It also faces competition from traditional trading platforms that are making it easier for their customers to trade crypto there, rather than having to seek out Coinbase or one of its smaller rivals.

Revenue has declined 22% and 31% for Coinbase in its two latest quarters. The good news is that analysts see the slide moderating to a 10% year-over-year dip for the quarter that ends later this month. The bad news is that this is a scalable business, and earnings per share for all of 2026 are now expected to plummet more than 70%. Until crypto prices recover, Coinbase will likely remain depressed.

Investors in DoorDash, Inc. (DASH - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the June 18, 2026 $95.00 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for DoorDash shares, but what is the fundamental picture for the company? Currently, DoorDash is a Zacks Rank #3 (Hold) in the Internet - Services industry that ranks in the Top 47% of our Zacks Industry Rank. Over the last 60 days, four analysts have increased their earnings estimates for the current quarter, while five have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 53 cents per share to 51 cents in that period.

Given the way analysts feel about DoorDash right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

DoorDash announced on Thursday that it’s launching a new AI chatbot that lets users order food and groceries with text prompts and photos in its latest AI push.

The chatbot, called “Ask DoorDash,” allows users to search the app for what they’re looking for in their own words instead of having to scroll through restaurants and stores to build a cart. You can tell the chatbot what you’re in the mood for, share a recipe link to find the items, or describe the reservation you’re looking for.

“Traditional search works best when you know the exact restaurant or table you’re looking for,” DoorDash wrote in the blog post. “Ask DoorDash is designed for the moments when you don’t.”

Food delivery apps and tech giants are betting that AI can help make shopping more conversational and personalized, as companies race to make AI assistants a standard part of everyday life. In February, Uber Easts launched an AI-powered “Cart Assistant,” while Instacart has rolled out an AI shopping assistant that grocers can offer to their customers.

DoorDash’s app can build your grocery cart based on a photo from a cookbook, a picture of your grocery list, or a recipe. DoorDash will then add all the items and their correct quantities to your cart. It will prompt users to check if they already have staples like sugar and butter, so they don’t buy something they already have.

Image Credits:DoorDash You can also ask the chatbot to reorder your last grocery cart or suggest new items based on your previous orders, DoorDash says.

As for ordering food, you can tell the chatbot that you want a “filling dinner for a family of 4.” The app will then surface restaurants alongside a personalized blurb explaining why it matches your search. You can narrow the results even further with a query like, “Show me kid-friendly vegetarian spots with mild options.”

Once you select a place, you can ask DoorDash to build a cart with suggestions based on your dietary preferences, budget, group size, or past orders.

With Ask DoorDash for Reservations, users can ask the chatbot to find a “table for two downtown for a date-night dinner around 8 PM.” The app will then surface restaurants with availability. You can refine the results further by asking for something a little more intimate.

The chatbot is rolling out on iOS in select regions for restaurant search and grocery shopping, and within DoorDash Reservations. It will reach more users across the U.S. in the coming weeks, the company says.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Aisha is a consumer news reporter at TechCrunch. Prior to joining the publication in 2021, she was a telecom reporter at MobileSyrup. Aisha holds an honours bachelor’s degree from University of Toronto and a master’s degree in journalism from Western University.

You can contact or verify outreach from Aisha by emailing [email protected] or via encrypted message at aisha_malik.01 on Signal.

This morning, pre-market futures are in the green, though slashed from where they were ahead of the latest wholesale inflation report. This follows a deep selloff on Wednesday, where the Nasdaq alone shed -2%. At this hour, the blue-chip Dow is +160 points, the S&P 500 +15 and the Nasdaq +103 points. The small-cal Russell 2000 is +17 points.

PPI Inflation Highest in 3+ Years: +6.5%After yesterday’s retail inflation numbers from the Consumer Price Index (CPI) for May demonstrated relatively manageable levels of price gains, this morning’s Producer Price Index (PPI) — the wholesale version of inflation — suggests something decidedly more thorny: +1.1% month over month, +6.5% year over year. These have reached their highest levels since March and November of 2022, respectively.

Revisions to the prior month moved in the right direction, -30 basis points (bps) for both — +1.1% month over month (now matched with the May print) and +5.7% year over year — but these are still significantly above target inflation rates for the previous regime at the Federal Reserve. Headline core PPI — stripping out volatile food and energy prices — came in as expected month over month at +0.4%, 30 bps below the upwardly revised +0.7% from April. This counts as the sole good news in this morning’s report.

Core PPI year over year reached +4.9%, and was revised up half a percentage point to +4.9% the prior month as well. This is important because we know global oil prices have increased since the start of the war on Iran, but stripped out of the core print we’re still looking at bedrock wholesale inflation at its highest level since January of 2023, when these numbers were coming down drastically month over month.

Further parsing these numbers, ex-food, energy and trade adds even more nuance: +0.8% month over month, +5.1% year over year. This illustrates that trade, especially over the past month (-1.1%), was sopping up a decent amount of this inflation. The +0.8% has not been this high since March of 2022 and year over year since October of that year. These are Great Reopening numbers that were largely cured by interest rate increases month after month. We’re in a very different situation today: what will it mean going forward?

One rather unnerving aspect here is when we compare the relatively benign core CPI numbers from yesterday — +0.2% month over month and +2.9% year over year — we can see that producers must have been absorbing a good deal of this inflation. How long can this be expected to last? Energy prices alone rose +10.7%; can energy companies continue to trim their margins to keep inflation under control on the retail side? Will they do so if the Strait of Hormuz remains closed for the next month or three? More questions than answers, most certainly.

Jobless Claims Creep Higher: +229K, +1.795MMeanwhile, normal Thursday morning Weekly Jobless Claims are out this morning, coming in warmer on Initial Claims from expectations to +229K, up 4K from an unrevised +225K last week. These are the first levels this high since the +230K reported in subsequent months back in February of this year. We had been as low as +190K in the last week of April. Are higher energy prices moving Americans from a side gig with DoorDash (DASH - Free Report) or Uber (UBER - Free Report) to simply claiming unemployment benefits?

Continuing Claims remained historically low at 1.795 million (anything below 2 million longer-term jobless claims per week demonstrates a coping labor force), but up from the 1.771 million reported last week. These longer-term claims also report a week in arrears, so based on today’s new claims we might expect these numb ers to tick up on the long end, as well.

European Central Bank (ECB) Raises Rates +0.25%The first major central bank to raise interest rates since the onset of the Iran war in late February is the European Central Bank (ECB), and it has done so by a quarter-point, +0.25%. This may have an odd counter-ring to it, especially with so many Americans (including President Trump) looking for a reduction in interest rates, but Zacks Chief Economist John Blank earlier this week that this move is expected to be “insurance,” rather than the start of a big hiking cycle.

“With the memory of 2022's energy crisis still fresh, Frankfurt is keen to not miss the boat this time,” Blank said in his Global Week Ahead article on Monday morning. “Policymakers have a tightrope to walk as they try to hike without exacerbating the growth hit already underway from the crisis. That's why markets reckon the ECB will only hike rates two or three times this year, with the next move most likely in September.”

DoorDash is rated a buy with a 12-month price target of $187.68, reflecting strong growth and undervalued long-term potential. Despite a Q1 revenue miss, DASH delivered 28% YoY adjusted EBITDA growth and robust GOV increases, even excluding Deliveroo. Integration of Deliveroo, tech stack unification, and expansion into grocery, retail, and autonomous delivery offer significant margin and growth upside.

Posted by Defense World Staff on Apr 26th, 2026

Abacus FCF Advisors LLC increased its stake in Valmont Industries, Inc. (NYSE:VMI – Free Report) by 15.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,823 shares of the industrial products company’s stock after buying an additional 2,307 shares during the quarter. Abacus FCF Advisors LLC owned about 0.09% of Valmont Industries worth $6,768,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Sanctuary Advisors LLC lifted its stake in shares of Valmont Industries by 2.2% during the 4th quarter. Sanctuary Advisors LLC now owns 2,651 shares of the industrial products company’s stock worth $1,066,000 after acquiring an additional 56 shares during the last quarter. Segment Wealth Management LLC bought a new stake in shares of Valmont Industries during the fourth quarter worth $282,000. Chicago Partners Investment Group LLC boosted its stake in shares of Valmont Industries by 6.7% during the fourth quarter. Chicago Partners Investment Group LLC now owns 1,504 shares of the industrial products company’s stock valued at $662,000 after purchasing an additional 94 shares during the period. HB Wealth Management LLC grew its stake in Valmont Industries by 18.5% in the 4th quarter. HB Wealth Management LLC now owns 640 shares of the industrial products company’s stock worth $257,000 after acquiring an additional 100 shares in the last quarter. Finally, M&T Bank Corp grew its stake in Valmont Industries by 1,220.4% in the 4th quarter. M&T Bank Corp now owns 7,896 shares of the industrial products company’s stock worth $3,177,000 after acquiring an additional 7,298 shares in the last quarter. 87.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth A number of brokerages have weighed in on VMI. Wall Street Zen lowered Valmont Industries from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Stifel Nicolaus raised their target price on shares of Valmont Industries from $497.00 to $541.00 and gave the company a “buy” rating in a research report on Wednesday. Weiss Ratings restated a “hold (c+)” rating on shares of Valmont Industries in a report on Friday, March 27th. JPMorgan Chase & Co. upped their price target on shares of Valmont Industries from $480.00 to $510.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 18th. Finally, DA Davidson increased their price objective on shares of Valmont Industries from $415.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Valmont Industries presently has a consensus rating of “Moderate Buy” and an average price target of $500.33.

Check Out Our Latest Research Report on Valmont Industries

Valmont Industries Stock Performance Shares of VMI stock opened at $498.33 on Friday. The business has a fifty day moving average of $429.37 and a 200 day moving average of $423.62. Valmont Industries, Inc. has a 1 year low of $286.50 and a 1 year high of $499.40. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.38 and a quick ratio of 1.58. The firm has a market capitalization of $9.74 billion, a price-to-earnings ratio of 27.67 and a beta of 1.24.

Valmont Industries (NYSE:VMI – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The industrial products company reported $5.51 earnings per share for the quarter, beating the consensus estimate of $4.72 by $0.79. Valmont Industries had a return on equity of 24.94% and a net margin of 8.91%.The business had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $994.85 million. During the same quarter in the previous year, the business earned $4.32 EPS. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. As a group, research analysts expect that Valmont Industries, Inc. will post 22.93 earnings per share for the current year.

Valmont Industries Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 27th were issued a $0.77 dividend. This is an increase from Valmont Industries’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Friday, March 27th. This represents a $3.08 annualized dividend and a dividend yield of 0.6%. Valmont Industries’s payout ratio is currently 17.10%.

Valmont Industries Profile (Free Report)

Valmont Industries, Inc (NYSE: VMI) is a diversified industrial manufacturer specializing in infrastructure and agricultural products. Headquartered in Omaha, Nebraska, the company engages in the design, production and distribution of engineered products that support water management, power transmission, lighting and traffic infrastructure. Valmont’s solutions range from center-pivot and lateral-move irrigation systems to utility poles, transmission towers, lighting structures and highway traffic signal support structures.

The company operates through several core business segments.

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OMAHA, Neb.--(BUSINESS WIRE)--Valmont® Industries, Inc. (NYSE: VMI), a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity, today announced that management will participate in Gabelli’s 17th Annual Value Investor Conference in Omaha, NE.

Avner M. Applbaum, President and Chief Executive Officer and Renee Campbell, Senior Vice President, Capital Markets and Risk, will participate in a fireside chat at 10:30 AM CT on Friday, May 1, 2026. Investors interested in accessing the Company’s presentation may register to access the live event here. All registrants will receive a link to the event upon registration.

About Valmont Industries, Inc.
For more than 80 years, Valmont has been a global leader that provides products and solutions to support vital infrastructure and advance agricultural productivity. We are committed to customer-focused innovation that delivers lasting value. Learn more about how we’re Conserving Resources. Improving Life.® at valmont.com.

Concerning Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on assumptions made by management, considering its experience in the industries where Valmont operates, perceptions of historical trends, current conditions, expected future developments, and other relevant factors. It is important to note that these statements are not guarantees of future performance or results. They involve risks, uncertainties (some of which are beyond Valmont’s control), and assumptions. While management believes these forward-looking statements are based on reasonable assumptions, numerous factors could cause actual results to differ materially from those anticipated. These factors include, among other things, risks described in Valmont’s reports to the Securities and Exchange Commission (“SEC”), the Company’s actual cash flows and net income, future economic and market circumstances, industry conditions, company performance and financial results, operational efficiencies, availability and price of raw materials, availability and market acceptance of new products, product pricing, domestic and international competitive environments, geopolitical risks, and actions and policy changes by domestic and foreign governments, including tariffs. The Company cautions that any forward-looking statements in this release are made as of its publication date and does not undertake to update these statements, except as required by law.

The Company may provide certain non-GAAP financial measures (adjusted diluted earnings per share and adjusted effective tax rate) on a forward-looking basis from time to time. These measures are typically calculated by excluding the impact of items such as foreign exchange, acquisitions, divestitures, realignment or restructuring expenses, goodwill or intangible asset impairment, changes in tax laws or rates, change in redemption value of redeemable noncontrolling interests, and other non-recurring items. To the extent the Company provide forward-looking non-GAAP financial measures, reconciliations to the most directly comparable GAAP financial measures are not provided, as the Company cannot do so without unreasonable effort due to the inherent uncertainty and difficulty in predicting the timing and financial impact of such items. For the same reasons, the Company cannot assess the likely significance of unavailable information, which could be material to future results.

Website and Social Media Disclosure
The Company uses its website and social media channels, as identified on its website, to distribute company information. Posts on these channels may contain material information. Therefore, investors should monitor these channels alongside the Company’s press releases, SEC filings, and public conference calls and webcasts. The contents of the Company’s website and social media channels are not considered part of this press release.

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