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NEW YORK, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against UWM Holdings Corporation (NYSE:UWMC) and certain of the company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in UWM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit.

Key Details of the UWM ($UWMC) Class Action:

Lead Plaintiff Deadline: October 13, 2026Alleged Misconduct: Securities fraud alleging that UWM misrepresented its mortgage servicing rights hedging strategy and the risks created by hedging connected to the Two Harbors transactionStock Drop: August 6, 2026 – 34.78% Stock DropCourt: U.S. District Court for the Eastern District of MichiganAction: Contact BFA Law to discuss your rights Investors have until October 13, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in UWM securities. The class action is pending in the U.S. District Court for the Eastern District of Michigan. It is captioned Bond v. UWM Holdings Corporation et al., No. 26-cv-12862.

Why is UWM Being Sued for Securities Fraud?

UWM originates, sells, and services residential mortgage loans in the United States. In December 2025, UWM and Two Harbors Investment Corp., owner of RoundPoint Mortgage Servicing, signed an all-stock merger agreement valued at $1.3 billion.

According to the complaint, in March 2026, Two Harbors terminated the UWM agreement after CrossCountry Mortgage made a competing cash offer and agreed to pay UWM’s termination fee.

As alleged, UWM failed to disclose that it had deviated from its traditional strategy of not hedging its mortgage servicing rights by taking a major hedge position, that it over-hedged itself in anticipation of the Two Harbors transaction, and that its purported efforts to balance risk created excess hedging risk.

Why did UWM’s Stock Drop?

On August 5, 2026, after the market closed, UWM reported Q2 2026 financial results, including a $603.2 million interest rate derivatives loss which contributed to a $451.9 million second-quarter net loss. Total equity also fell 43.6% year over year, reflecting the net loss and derivative-related charges.

Then, on August 6, 2026, UWM disclosed that it “over-hedged” while protecting against the Two Harbors transaction and stated that UWM does not traditionally hedge its mortgage servicing rights. UWM further disclosed that when it was acquiring Two Harbors and a large mortgage servicing rights book, “it created a little more risk,” that UWM “did put a hedge on to protect against that risk,” and that “the Two Harbors transaction went away,” creating a hedge loss. On this news, UWM’s stock dropped $0.64 per share, or 34.78%, from a closing price of $1.84 per share on August 5, 2026, to $1.20 per share on August 6, 2026.

Click here for more information: https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit.

What Can You Do?

If you invested in UWM, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360, and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.”  One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

BFA’s notable successes include a recovery of over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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Kyocera (OTCMKTS:KYOCY – Get Free Report) and Cognex (NASDAQ:CGNX – Get Free Report) are both large-cap technology companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, earnings, profitability, risk, analyst recommendations and dividends.

Earnings and Valuation This table compares Kyocera and Cognex”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Kyocera $13.75 billion 2.41 $936.46 million $0.67 36.70 Cognex $994.36 million 10.53 $114.44 million $1.03 60.42 Kyocera has higher revenue and earnings than Cognex. Kyocera is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks. Insider and Institutional Ownership 7.4% of Kyocera shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 1.7% of Cognex shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Dividends Kyocera pays an annual dividend of $0.12 per share and has a dividend yield of 0.5%. Cognex pays an annual dividend of $0.34 per share and has a dividend yield of 0.5%. Kyocera pays out 17.9% of its earnings in the form of a dividend. Cognex pays out 33.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cognex has increased its dividend for 10 consecutive years. Cognex is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Analyst Recommendations This is a summary of current ratings for Kyocera and Cognex, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Kyocera 0 1 0 0 2.00 Cognex 0 5 10 2 2.82 Cognex has a consensus target price of $75.64, suggesting a potential upside of 21.55%. Given Cognex’s stronger consensus rating and higher possible upside, analysts plainly believe Cognex is more favorable than Kyocera.

Profitability This table compares Kyocera and Cognex’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Kyocera 6.78% 4.17% 3.04% Cognex 16.05% 13.50% 10.02% Risk and Volatility Kyocera has a beta of 0.56, suggesting that its share price is 44% less volatile than the S&P 500. Comparatively, Cognex has a beta of 1.49, suggesting that its share price is 49% more volatile than the S&P 500.

Summary Cognex beats Kyocera on 15 of the 18 factors compared between the two stocks.

About Kyocera (Get Free Report)

Kyocera Corporation develops, produces, and distributes products based on fine ceramic technologies in Japan, rest of Asia, Europe, the United States, and internationally. It operates through Core Components Business, Electronic Components Business, and Solutions Business segments. The Core Components Business segment offers components, such as fine ceramic components for semiconductor processing equipment, automotive camera modules, and ceramic packages, as well as organic packages and boards to protect electronic components and ICs to industrial machinery, automotive-related, and the information and communication-related markets; optical components, and jewelry and applied ceramic related products; and medical devices comprising prosthetic joints and dental implants. The Electronic Components Business segment provides various electronic components and devices, including capacitors, crystal devices, connectors, and power semiconductor devices for diverse fields comprising information and communications, industrial equipment, automotive-related, and consumer markets, as well as sensors and control components. The Solutions Business segment offers cutting tools, as well as pneumatic and power tools for automotive-related and general industrial, and construction markets; printers for offices; and communication terminals, such as mobile phones, as well as information systems and telecommunication services. This segment also provides MFPs, commercial inkjet printers, communication modules, displays, and printing devices, as well as information systems and telecommunication, smart energy-related products and services, and solution services, such as document management system. The company was formerly known as Kyoto Ceramic Kabushiki Kaisha and changed its name to Kyocera Corporation in 1982. Kyocera Corporation was incorporated in 1946 and is headquartered in Kyoto, Japan.

About Cognex (Get Free Report)

Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to automotive, logistics, consumer electronics, medical-related, semiconductor, consumer products, food and beverage, and others, as well as through a network of distributors and integrators. The company was incorporated in 1981 and is headquartered in Natick, Massachusetts.

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WM Technology (NASDAQ:MAPS – Get Free Report) and Akamai Technologies (NASDAQ:AKAM – Get Free Report) are both technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, valuation and analyst recommendations.

Profitability This table compares WM Technology and Akamai Technologies’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets WM Technology 1.12% 1.51% 1.04% Akamai Technologies 9.51% 11.32% 4.47% Analyst Ratings This is a summary of current ratings and recommmendations for WM Technology and Akamai Technologies, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score WM Technology 1 0 0 0 1.00 Akamai Technologies 2 9 13 0 2.46 Akamai Technologies has a consensus price target of $141.62, indicating a potential upside of 34.10%. Given Akamai Technologies’ stronger consensus rating and higher possible upside, analysts clearly believe Akamai Technologies is more favorable than WM Technology. Insider & Institutional Ownership 22.0% of WM Technology shares are owned by institutional investors. Comparatively, 94.3% of Akamai Technologies shares are owned by institutional investors. 19.7% of WM Technology shares are owned by insiders. Comparatively, 2.3% of Akamai Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings and Valuation This table compares WM Technology and Akamai Technologies”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio WM Technology $174.70 million 0.34 $1.96 million $0.02 18.63 Akamai Technologies $4.32 billion 3.51 $452.03 million $2.78 37.99 Akamai Technologies has higher revenue and earnings than WM Technology. WM Technology is trading at a lower price-to-earnings ratio than Akamai Technologies, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk WM Technology has a beta of 0.87, indicating that its share price is 13% less volatile than the S&P 500. Comparatively, Akamai Technologies has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500.

Summary Akamai Technologies beats WM Technology on 12 of the 14 factors compared between the two stocks.

About WM Technology (Get Free Report)

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and education and learning information to help newer consumers learn about the types of products to purchase. It also provides monthly subscription-based business software solutions, including WM Listings, WM Orders, WM Store, WM Connectors, and WM Insights as well as other add-on products, such as WM Ads, WM AdSuite, WM Customer Relationship Management, WM Dispatch, and WM Screens. WM Technology, Inc. was founded in 2008 and is headquartered in Irvine, California.

(Get Free Report)

Akamai Technologies, Inc. provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics; and cloud computing services, such as compute, storage, networking, database, and container management services to build, deploy, and secure applications and workloads. In addition, the company offers content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through various channel partners. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

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HCA Healthcare (NYSE:HCA – Get Free Report) and OPKO Health (NASDAQ:OPK – Get Free Report) are both healthcare companies, but which is the better business? We will compare the two companies based on the strength of their earnings, risk, institutional ownership, profitability, valuation, analyst recommendations and dividends.

Valuation & Earnings This table compares HCA Healthcare and OPKO Health”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio HCA Healthcare $75.60 billion 1.15 $6.78 billion $29.87 13.45 OPKO Health $606.90 million 1.96 -$225.68 million ($0.09) -17.67 HCA Healthcare has higher revenue and earnings than OPKO Health. OPKO Health is trading at a lower price-to-earnings ratio than HCA Healthcare, indicating that it is currently the more affordable of the two stocks. Profitability This table compares HCA Healthcare and OPKO Health’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets HCA Healthcare 8.77% -244.79% 11.10% OPKO Health -12.40% -5.88% -3.83% Analyst Recommendations This is a breakdown of recent ratings for HCA Healthcare and OPKO Health, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score HCA Healthcare 1 8 14 0 2.57 OPKO Health 1 3 1 0 2.00 HCA Healthcare currently has a consensus target price of $462.64, indicating a potential upside of 15.14%. OPKO Health has a consensus target price of $1.55, indicating a potential downside of 2.52%. Given HCA Healthcare’s stronger consensus rating and higher probable upside, analysts clearly believe HCA Healthcare is more favorable than OPKO Health.

Volatility & Risk HCA Healthcare has a beta of 1.1, indicating that its share price is 10% more volatile than the S&P 500. Comparatively, OPKO Health has a beta of 1.5, indicating that its share price is 50% more volatile than the S&P 500.

Insider and Institutional Ownership 62.7% of HCA Healthcare shares are owned by institutional investors. Comparatively, 64.6% of OPKO Health shares are owned by institutional investors. 1.5% of HCA Healthcare shares are owned by company insiders. Comparatively, 44.7% of OPKO Health shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary HCA Healthcare beats OPKO Health on 9 of the 14 factors compared between the two stocks.

About HCA Healthcare (Get Free Report)

HCA Healthcare, Inc., through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States. It operates general and acute care hospitals that offers medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy. The company also operates outpatient health care facilities consisting of freestanding ambulatory surgery centers, freestanding emergency care facilities, urgent care facilities, walk-in clinics, diagnostic and imaging centers, rehabilitation and physical therapy centers, radiation and oncology therapy centers, physician practices, and various other facilities. In addition, it operates behavioral hospitals, which provide therapeutic programs comprising child, adolescent and adult psychiatric care, adolescent and adult alcohol, drug abuse treatment, and counseling services. The company was formerly known as HCA Holdings, Inc. HCA Healthcare, Inc. was founded in 1968 and is headquartered in Nashville, Tennessee.

About OPKO Health (Get Free Report)

OPKO Health, Inc., a healthcare company, engages in the diagnostics and pharmaceuticals businesses in the United States, Ireland, Chile, Spain, Israel, Mexico, and internationally. The company's Diagnostics segment operates BioReference Laboratories that offers laboratory testing services for the detection, diagnosis, evaluation, monitoring, and treatment of diseases, including esoteric testing, molecular diagnostics, anatomical pathology, genetics, women's health, and correctional healthcare to physician offices, clinics, hospitals, employers, and governmental units; and 4Kscore prostate cancer test. Its Pharmaceutical segment offers Rayaldee to treat secondary hyperparathyroidism in adults with stage 3 or 4 chronic kidney disease, and vitamin D insufficiency. This segment also develops multi-specific immune therapies focused on oncology, infectious diseases, vaccines, and immunology; OPK88004, an orally administered selective androgen receptor modulator; OPK88003, a once-weekly administered peptide for the treatment of type 2 diabetes and related obesity; Somatrogon (hGH-CTP), a once-weekly human growth hormone injection; and Factor VIIa-CTP, a novel long-acting coagulation factor being developed to treat hemophilia. In addition, it develops and commercializes longer-acting proprietary versions of already approved therapeutic proteins; develops and produces specialty APIs; develops, manufactures, markets, and sells pharmaceutical, nutraceutical, veterinary, and ophthalmic products; commercializes food supplements and over the counter products; manufactures and sells products primarily in the generics market; and markets, distributes, and sells pharmaceutical products in a range of indications, including cardiovascular products, vaccines, antibiotics, gastro-intestinal products, hormones, and others. The company also operates pharmaceutical platforms in Ireland, Chile, Spain, and Mexico. The company was founded in 1991 and is headquartered in Miami, Florida.

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Ryan Specialty (NYSE:RYAN – Get Free Report) and Loews (NYSE:L – Get Free Report) are both large-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, institutional ownership, analyst recommendations, risk and profitability.

Valuation and Earnings This table compares Ryan Specialty and Loews”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Ryan Specialty $3.22 billion 3.25 $63.40 million $0.72 56.70 Loews $18.45 billion 1.20 $1.67 billion $8.16 13.27 Loews has higher revenue and earnings than Ryan Specialty. Loews is trading at a lower price-to-earnings ratio than Ryan Specialty, indicating that it is currently the more affordable of the two stocks. Dividends Ryan Specialty pays an annual dividend of $0.52 per share and has a dividend yield of 1.3%. Loews pays an annual dividend of $0.25 per share and has a dividend yield of 0.2%. Ryan Specialty pays out 72.2% of its earnings in the form of a dividend. Loews pays out 3.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Ryan Specialty has increased its dividend for 1 consecutive years. Ryan Specialty is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Volatility & Risk Ryan Specialty has a beta of 0.57, indicating that its stock price is 43% less volatile than the S&P 500. Comparatively, Loews has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500.

Insider & Institutional Ownership 84.8% of Ryan Specialty shares are owned by institutional investors. Comparatively, 58.3% of Loews shares are owned by institutional investors. 52.0% of Ryan Specialty shares are owned by insiders. Comparatively, 19.0% of Loews shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability This table compares Ryan Specialty and Loews’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Ryan Specialty 7.55% 43.97% 4.78% Loews 9.02% 8.60% 1.96% Analyst Recommendations This is a summary of current ratings and target prices for Ryan Specialty and Loews, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Ryan Specialty 1 10 8 0 2.37 Loews 0 0 0 1 4.00 Ryan Specialty currently has a consensus target price of $53.86, suggesting a potential upside of 31.94%. Given Ryan Specialty’s higher possible upside, equities analysts clearly believe Ryan Specialty is more favorable than Loews.

Summary Ryan Specialty beats Loews on 11 of the 18 factors compared between the two stocks.

About Ryan Specialty (Get Free Report)

Ryan Specialty Holdings, Inc. operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, Europe, and Singapore. It offers distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter. The company serves commercial, industrial, institutional, and government sectors. Ryan Specialty Holdings, Inc. was founded in 2010 and is headquartered in Chicago, Illinois.

About Loews (Get Free Report)

Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, and other coverage products; surety and fidelity bonds; property insurance products that include standard and excess property, marine and boiler, and machinery coverages; and casualty insurance products, such as workers' compensation, general and product liability, and commercial auto, surplus, and umbrella coverages. It also provides loss-sensitive insurance programs; and warranty, risk management, information, and claims administration services. The company markets its insurance products and services through independent agents, brokers, and managing general underwriters. In addition, the company is involved in the transportation and storage of natural gas and natural gas liquids, and hydrocarbons through natural gas pipelines covering approximately 13,455 miles of interconnected pipelines; 855 miles of NGL pipelines in Louisiana and Texas; 14 underground storage fields with an aggregate gas capacity of approximately 199.5 billion cubic feet of natural gas; and eleven salt dome caverns and related brine infrastructure for providing brine supply services. Further, the company operates a chain of 25 hotels; and develops, manufactures, and markets a range of extrusion blow-molded and injection molded plastic containers for customers in the pharmaceutical, dairy, household chemicals, food/nutraceuticals, industrial/specialty chemicals, and water and beverage/juice industries, as well as manufactures commodity and differentiated plastic resins from recycled plastic materials. Loews Corporation was incorporated in 1969 and is headquartered in New York, New York.

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Concurrent Investment Advisors LLC raised its holdings in shares of Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY – Free Report) by 695.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,521 shares of the biopharmaceutical company’s stock after purchasing an additional 6,576 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Alnylam Pharmaceuticals were worth $2,264,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Alnylam Pharmaceuticals in the fourth quarter valued at about $895,816,000. Legal & General Group Plc bought a new stake in shares of Alnylam Pharmaceuticals during the 2nd quarter worth about $278,321,000. Qube Research & Technologies Ltd acquired a new position in Alnylam Pharmaceuticals in the 3rd quarter valued at about $369,943,000. AQR Capital Management LLC grew its stake in Alnylam Pharmaceuticals by 295.2% in the 3rd quarter. AQR Capital Management LLC now owns 744,008 shares of the biopharmaceutical company’s stock valued at $336,009,000 after buying an additional 555,759 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Alnylam Pharmaceuticals in the 2nd quarter valued at about $148,128,000. 92.97% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth Several equities research analysts have issued reports on ALNY shares. BMO Capital Markets restated an “outperform” rating on shares of Alnylam Pharmaceuticals in a research report on Monday, August 31st. TD Cowen reaffirmed a “buy” rating on shares of Alnylam Pharmaceuticals in a research report on Monday, August 31st. Royal Bank Of Canada dropped their price target on Alnylam Pharmaceuticals from $445.00 to $350.00 and set an “outperform” rating for the company in a report on Friday, July 31st. Weiss Ratings upgraded Alnylam Pharmaceuticals from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 31st. Finally, Needham & Company LLC decreased their price objective on Alnylam Pharmaceuticals from $510.00 to $357.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Alnylam Pharmaceuticals currently has a consensus rating of “Moderate Buy” and a consensus price target of $382.96.

Read Our Latest Report on ALNY Alnylam Pharmaceuticals Price Performance Shares of ALNY stock opened at $260.10 on Wednesday. The company has a quick ratio of 2.99, a current ratio of 3.05 and a debt-to-equity ratio of 0.75. Alnylam Pharmaceuticals, Inc. has a twelve month low of $197.81 and a twelve month high of $495.55. The company has a market cap of $34.80 billion, a P/E ratio of 48.35 and a beta of 0.31. The business has a fifty day simple moving average of $257.89 and a 200 day simple moving average of $290.47.

Alnylam Pharmaceuticals (NASDAQ:ALNY – Get Free Report) last issued its earnings results on Thursday, July 30th. The biopharmaceutical company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.63 by $0.21. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.32 billion. Alnylam Pharmaceuticals had a return on equity of 84.93% and a net margin of 15.26%.The business’s quarterly revenue was up 66.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.51) earnings per share. On average, sell-side analysts forecast that Alnylam Pharmaceuticals, Inc. will post 6.71 EPS for the current fiscal year.

(Free Report)

Alnylam Pharmaceuticals, Inc (NASDAQ: ALNY) is a biopharmaceutical company focused on the discovery, development and commercialization of RNA interference (RNAi) therapeutics. Founded to translate the scientific discovery of RNAi into new medicines, Alnylam applies small interfering RNA (siRNA) technology to silence disease-causing genes. The company develops therapies designed to provide durable disease modification by targeting underlying genetic drivers across a range of rare and more prevalent conditions.

Alnylam has advanced multiple siRNA-based products into commercialization, initially using lipid nanoparticle delivery and more recently employing GalNAc-conjugate chemistry to enable targeted delivery to the liver with subcutaneous dosing.

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Arizona State Retirement System grew its holdings in shares of Bloom Energy Corporation (NYSE:BE – Free Report) by 26.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,410 shares of the company’s stock after buying an additional 16,333 shares during the quarter. Arizona State Retirement System’s holdings in Bloom Energy were worth $23,432,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. West Family Investments Inc. bought a new stake in Bloom Energy in the second quarter worth $303,000. Waverly Advisors LLC bought a new stake in shares of Bloom Energy in the 2nd quarter worth about $599,000. Light Street Capital Management LLC lifted its holdings in shares of Bloom Energy by 66.3% in the 2nd quarter. Light Street Capital Management LLC now owns 84,167 shares of the company’s stock worth $25,477,000 after acquiring an additional 33,542 shares during the last quarter. Nykredit A S purchased a new position in shares of Bloom Energy during the 2nd quarter worth about $26,938,000. Finally, HighTower Advisors LLC boosted its stake in shares of Bloom Energy by 1.1% during the 2nd quarter. HighTower Advisors LLC now owns 67,460 shares of the company’s stock worth $20,420,000 after purchasing an additional 737 shares during the period. Institutional investors own 77.04% of the company’s stock.

Analyst Upgrades and Downgrades A number of research firms recently weighed in on BE. JPMorgan Chase & Co. reduced their price objective on shares of Bloom Energy from $346.00 to $314.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Jefferies Financial Group upped their target price on Bloom Energy from $188.00 to $229.00 and gave the company a “hold” rating in a research note on Friday, August 14th. Barclays increased their price target on Bloom Energy from $254.00 to $276.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Susquehanna raised their price target on Bloom Energy from $293.00 to $298.00 and gave the stock a “positive” rating in a research note on Friday, July 10th. Finally, Evercore restated an “outperform” rating on shares of Bloom Energy in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $249.18.

Read Our Latest Analysis on BE Insider Transactions at Bloom Energy In other news, insider Shawn Soderberg sold 2,895 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $233.60, for a total value of $676,272.00. Following the completion of the sale, the insider owned 129,370 shares in the company, valued at approximately $30,220,832. The trade was a 2.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director John T. Chambers sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $250.00, for a total transaction of $3,750,000.00. Following the completion of the sale, the director directly owned 208,333 shares of the company’s stock, valued at $52,083,250. The trade was a 6.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 89,464 shares of company stock valued at $22,131,255 over the last three months. 3.00% of the stock is currently owned by corporate insiders.

Bloom Energy Stock Up 9.2% Shares of NYSE BE opened at $276.10 on Wednesday. Bloom Energy Corporation has a 52-week low of $52.00 and a 52-week high of $351.28. The firm has a market capitalization of $81.32 billion, a price-to-earnings ratio of 368.13, a PEG ratio of 3.46 and a beta of 3.80. The stock has a 50 day moving average price of $225.92 and a 200 day moving average price of $223.95. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09.

Bloom Energy (NYSE:BE – Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.39. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%.The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. During the same period in the previous year, the company posted $0.10 EPS. Bloom Energy’s revenue was up 165.5% on a year-over-year basis. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. Sell-side analysts expect that Bloom Energy Corporation will post 1.92 earnings per share for the current year.

Bloom Energy News Roundup Here are the key news stories impacting Bloom Energy this week:

Positive Sentiment: S&P 500 inclusion is the primary catalyst. Bloom Energy will join the index before the market opens on September 21. The change is expected to generate demand from index-tracking funds and increase the company’s visibility among institutional investors. Bloom Energy Rallies on News of S&P 500 Addition Positive Sentiment: AI data-center demand is strengthening the growth outlook. Analysts and financial commentators say Bloom’s fuel-cell systems can provide fast, scalable, on-site power for hyperscale data centers, where grid constraints and permitting delays are increasing demand for alternative solutions. Recent coverage cited record second-quarter revenue above $1 billion, 165.5% year-over-year growth, strong gross margins and higher full-year guidance. Bloom Energy Could See An AI-Memory-Style Frenzy Positive Sentiment: Momentum and estimates remain favorable. BE has outperformed its industry recently, while improving EPS forecasts and investor interest in AI infrastructure have helped reinforce the bullish narrative. The company’s prior quarterly earnings also exceeded consensus estimates on both earnings and revenue. Neutral Sentiment: Valuation leaves little room for disappointment. Commentary noted that the stock has risen sharply over the past year and now trades at a premium valuation. Future performance will depend on whether AI-related orders, backlog growth and earnings expansion can justify the current price. Negative Sentiment: Multiple law firms are promoting a securities class action against Bloom Energy. The lawsuits and investor alerts allege that the company misrepresented its exposure to a China-linked scandium supply chain, despite statements that it had no China supply chain. The lead-plaintiff deadline is September 28, 2026. The allegations have not been proven, but the litigation creates reputational, legal and potential financial risks. Bloom Energy Securities Class Action Alert Bloom Energy Profile (Free Report)

Bloom Energy Corporation develops and manufactures solid oxide fuel cell systems that generate electricity through an electrochemical process. Its primary product, the Bloom Energy Server, is designed to provide on-site, distributed power for commercial and industrial customers, data centers, utilities, and other organizations seeking reliable electricity with lower emissions than conventional fossil-fuel generation.

The company also offers the Bloom Electrolyzer, which uses solid oxide technology to produce hydrogen from electricity and water.

Read More Five stocks we like better than Bloom Energy Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding BE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bloom Energy Corporation (NYSE:BE – Free Report).

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San Diego, California--(Newsfile Corp. - September 9, 2026) - Robbins LLP reminds investors that a securities class action has been filed on behalf of all persons and entities that purchased or otherwise acquired Bloom Energy Corporation (NYSE: BE) securities between February 27, 2025 and July 8, 2026 (the "Class Period"). Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. Scandium is a rare earth metal used as a dopant to stabilize the zirconia-based ceramic electrolyte in the Company's solid oxide fuel cells.

The lawsuit alleges that Bloom Energy misled investors regarding the source of its materials.

Investors who suffered losses during the Class Period may have legal rights. The deadline to seek appointment as lead plaintiff is September 28, 2026.

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Why Was Bloom Energy Sued?

According to the complaint, Bloom Energy described the Company's supply chain as not being dependent on China. The lawsuit alleges that Bloom Energy and certain defendants failed to adequately disclose that the Company was in fact reliant on Chinese scandium.

According to plaintiff, defendants failed to disclose that:

Bloom Energy obtained scandium through intermediaries who sourced the metal from China; the Company understated the extent to which it relied on scandium from China; and as a result, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.What Did Bloom Energy Say About its Reliance on China

The complaint alleges that several times during the class period, defendants reiterated that Bloom Energy was not reliant on China. Specifically:

February 27, 2025 - Bloom Energy stated in its annual report for the fiscal year ended December 31, 2024 on a Form 10-K filed with the SEC that the Company's "supply chain does not have significant exposure to China."

April 30, 2025 - on an earnings call in connection with the Company's first quarter 2025 financial results, defendant Sridhar stated that "there is no China supply chain for us" and "we are not dependent on China for scandium."

July 31, 2025 - Bloom Energy stated in its quarterly report for the period ended June 30, 2025 on a Form 10-Q filed with the SEC that the Company's "supply chain does not have significant exposure to China."

September 12, 2025 - Media outlet Semafor published an article containing an interview with defendant Sridhar in which Sridhar alleged "Starting in 2004, we said we are not going to depend on a Chinese supply chain. If we believe in energy abundance for all, there cannot be a single source to strangle you."

October 28, 2025 - Bloom Energy stated in its quarterly report for the period ended September 30, 2025 on a Form 10-Q filed with the SEC that the Company's "supply chain does not have significant exposure to China."

February 5, 2026 - Bloom Energy stated in its annual report for the fiscal year ended December 31, 2025 on a Form 10-K filed with the SEC that Company's "supply chain does not have significant exposure to China" and purported to assured investors China merely "supplies multiple components including rare earth metals and compounds used in electronic and electromechanical components that are part of our tier 2 and tier 3 sub-assembly suppliers."

June 10, 2026 - The Wall Street Journal published a video interview with defendant Sridhar in which Sridhar confirmed that one of the notable countries Bloom Energy is not sourcing from is China. Sridhar explained that "early on in the company we made a decision that we are only going to depend on supply chains that we can completely trust and that [China] was a country we avoided."

July 7, 2026 - Bloom Energy published a blog post authored by its COO in which they discussed the resiliency of Bloom Energy's supply chain and noted that the Company sources scandium from multiple sources.

Why Did BE Stock Collapse?

This complaint alleges that the collapse of Bloom Energy's stock followed the publication of an article by Hunterbrook Media entitled "Bloom's Big Lie." The Report alleged that Bloom Energy is "in fact, reliant on Chinese scandium."

Hunterbrook "found four separate trade routes that appear to show Chinese scandium is still part of Bloom's supply chain, and the material is reaching the U.S. through intermediary countries." Based on conversations with a major scandium producer in China (who claimed to be Bloom Energy's largest supplier) and commercially available trade data, the Report claimed that Bloom Energy received scandium directly from China on 4 occasions between August 2023 and May 2024."

On this news, Bloom's stock price fell $15.28, or 5.7%, to close at $254.29 per share on July 8, 2026.

Who May Be Eligible?

The lawsuit seeks to represent investors who purchased or otherwise acquired Bloom Energy Corporation (BE) securities during the applicable Class Period. If you purchased Bloom Energy stock during this period and suffered investment losses, you may have rights under the federal securities laws.

What Is a Lead Plaintiff?

The lead plaintiff is the investor appointed by the court to represent the interests of the proposed class throughout the litigation. Investors do not have to serve as lead plaintiff to potentially share in any recovery if the lawsuit is successful.

If you are interested in seeking appointment as lead plaintiff, you must submit your papers with the court by September 28, 2026.

Does it Cost Anything to Participate?

No. Robbins LLP represents investors on a contingency fee basis. Investors never pay attorneys' fees or litigation expenses. If there is a recovery, defendants pay fees and expenses.

Contact Robbins LLP

Investors seeking additional information about the Bloom Energy securities class action may submit an inquiry through Robbins LLP's website, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

About Robbins LLP

A recognized leader in shareholder rights litigation, Robbins LLP has helped restore more than $1 billion in value to shareholders and secured some of the largest recoveries in shareholder derivative litigation history.

"Behind everything we do is the belief that companies should be governed responsibly, fiduciaries should be held accountable, and shareholders deserve transparency and fairness," said Brian J. Robbins, Founding Partner of Robbins LLP.

To be notified if a class action against Bloom Energy Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

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

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Source: Robbins LLP

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, /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2026 fourth quarter earnings release will be on Tuesday, September 22, 2026, before the market opens.

Upon the release of THOR's fiscal 2026 fourth quarter earnings, the Company will concurrently publish a copy of the earnings release, a comprehensive question and answer document and a slide presentation on the Company's website. To view the quarterly earnings documents, please go to http://ir.thorindustries.com/.

About THOR Industries, Inc.

THOR Industries is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles.

For more information on the Company and its products, please go to www.thorindustries.com.

Forward-Looking Statements

This release includes certain statements that are "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon THOR and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance and actual results may differ materially from our expectations. Factors which could cause materially different results include, among others: the impact of inflation on the cost of our products as well as on general consumer demand; the effect of raw material and commodity price fluctuations, including the impact of tariffs, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored or ransom attacks; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our suppliers, on our independent dealers or on retail customers; the dependence on a small group of suppliers for certain components used in production, including chassis; interest rates and interest rate fluctuations and their potential impact on the general economy and, specifically, on our independent dealers and consumers and our profitability; the ability to ramp production up or down quickly in response to rapid changes in demand or market share while also managing associated costs, including labor-related costs and production capacity costs; the level and magnitude of warranty and recall claims incurred; the ability of our suppliers to financially support any defects in their products; the financial health of our independent dealers and their ability to successfully manage through various economic conditions; legislative, trade, regulatory and tax law and/or policy developments including their potential impact on our independent dealers, retail customers or on our suppliers; the costs of compliance with governmental regulation; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory audits or investigations; public perception of and the costs related to environmental, social and governance matters; legal and compliance issues including those that may arise in conjunction with recently completed transactions; the ability to realize anticipated benefits of strategic initiatives including realignments or other reorganizational actions; the level of consumer confidence and the level of discretionary consumer spending; the impact of exchange rate fluctuations; restrictive lending practices which could negatively impact our independent dealers and/or retail consumers; management changes; the success of new and existing products and services; the ability to maintain strong brands and develop innovative products that meet consumer demands; changes in consumer preferences; the risks associated with acquisitions, including: the pace and successful closing of an acquisition, the integration and financial impact thereof, the level of achievement of anticipated operating synergies from acquisitions, the potential for unknown or understated liabilities related to acquisitions, the potential loss of existing customers of acquisitions and our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production and increasing labor costs and related employee benefits costs to attract and retain production personnel in times of high demand; the loss or reduction of sales to key independent dealers, and stocking level decisions of our independent dealers; disruption of the delivery of units to independent dealers or the disruption of delivery of raw materials, including chassis, to our facilities; increasing costs for freight and transportation; the ability to protect our information technology systems, including confidential and personal information, from data breaches, cyber-attacks and/or network disruptions; asset impairment charges; competition; the impact of losses under repurchase agreements; the impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market, public health and political conditions in the various countries in which our products are produced and/or sold; the impact of adverse weather conditions and/or weather-related events; the impact of changing emissions and other related climate change regulations in the various jurisdictions in which our products are produced, used and/or sold; changes to our investment and capital allocation strategies or other facets of our strategic plan; and changes in market liquidity conditions, credit ratings and other factors that may impact our access to future funding and the cost of debt.

These and other risks and uncertainties are discussed more fully in our Quarterly Report on Form 10-Q for the quarter ended April 30, 2026 and in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2025.

We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law.

SOURCE Thor Industries, Inc.

Vistra's (VST +1.62%) stock closed at a record high of $217.02 per share on Sept. 22, 2025. That marked a whopping 556% gain over its previous two years, and was largely driven by the explosive growth of the power-hungry cloud infrastructure and AI markets.

But as of this writing, the power generation and retail electricity provider's stock trades at about $154. Let's see why it pulled back nearly 30% -- and if it's worth buying right now.

Image source: Getty Images.

What happened to Vistra over the past year? Vistra owns a broad range of natural gas, nuclear, coal, solar, and battery energy storage facilities. It sells electricity to approximately five million customers through its retail subsidiaries, which include TXU Energy, Dynegy, Homefield Energy, Ambit, and other regional leaders. It has a capacity of approximately 44 GW, which is enough electricity to power 22 million homes.

Vistra's revenue rose only 3% in 2025, but analysts anticipate 29% growth in 2026 as it benefits from the soaring demand for electricity among data centers. They expect its EPS, which declined 69% in 2025 (mainly due to one-time accounting adjustments related to its hedges and its integration of Energy Harbor), to more than quadruple in 2026.

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However, two challenges weighed down Vistra's stock. First, it shut down a major portion of its Moss Landing battery storage facilities, which were damaged by fires in early 2025, instead of recommissioning them. Second, PJM Interconnection, which manages the power grid across the Mid-Atlantic and the Midwest, proposed new rules to cap electricity capacity prices.

However, Vistra has weathered numerous regulatory challenges and plant outages over the past nine years since its IPO. It will also remain locked into the expanding AI market through its data center deals with Meta Platforms and Amazon. Therefore, it still has a wide moat, a sticky ecosystem, and plenty of pricing power.

Does its pullback represent a good buying opportunity? For 2027, analysts expect Vistra's revenue and EPS to grow 5% and 8%, respectively, as its year-over-year comparisons normalize. At $154, it trades at just 15 times next year's earnings and pays a forward yield of 0.6%. At its peak, it was trading at 23 times its 2026 earnings.

So even though Vistra shed its "AI premium" over the past year, it's worth buying today if you expect data centers to gobble up more electricity. It won't grow as rapidly as companies that are more dedicated to AI infrastructure, but it's still a sound long-term investment.

Celsius Holdings, Inc. (CELH) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

CELH Investors Have Opportunity to Lead Celsius Holdings, Inc. Securities Fraud Lawsuit with SBS Law Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Celsius Holdings, Inc. (“Celsius” or “the Company”) (NASDAQ: CELH) 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 CELH 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: February 21, 2025 to June 3, 2026

DEADLINE: November 3, 2026

If you are a shareholder who suffered a loss, click here to participate.

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Celsius failed inform consumers about the potential health risks of its Alani Nu drinks. The Company marketed Alani Nu drinks to consumers under the age of 18 who were susceptible to these health risks. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Celsius, investors suffered damages.

We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20260908337628/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

On September 08, 2026, CDW Corp CDW shares fell by 5.2%, bringing the current price to $144.48. The stock has experienced a 52-week range between $97.12 and $171.55, reflecting significant volatility. This decline in share price highlights a critical moment for investors to assess the company’s valuation.

GF Value™ verdict: Currently trading at $144.48, CDW is estimated to be 31.9% undervalued compared to the $212.24 fair value.GF Score™: With a score of 81/100, CDW is classified as a strong investment based on GuruFocus's proprietary methodology.Most notable signal: The stock has a momentum rank of 8/10, indicating positive market trends despite recent price drops.Is CDW Overvalued or Undervalued?CDW is currently trading at a price of $144.48, which is significantly below the GF Value™ estimate of $212.24. This represents a margin of safety of 31.9%, indicating that the stock may offer a substantial upside for long-term investors. The GF Value™ is GuruFocus' proprietary intrinsic-value measure, calculated from a blend of historical trading multiples, past business performance, and future growth projections. The GF Valuation label categorizes CDW as significantly undervalued, suggesting that its current market price does not reflect its underlying business fundamentals.

Given the current pricing, CDW presents an attractive opportunity for value-oriented investors, albeit with the caveat of recent performance trends and market conditions that warrant close attention. Investors should consider the potential for recovery alongside the inherent risks associated with market volatility.

How Does CDW's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)17.4x23.6x (5-Year Median)Forward P/E12.1xN/ACDW's current P/E ratio of 17.4x is 26% below its 5-year median of 23.6x, indicating that the stock is trading at a lower valuation compared to its historical norms. This analysis aligns with the GF Value™ verdict, reinforcing the notion that CDW is undervalued relative to its historical performance metrics.

What Does CDW's GF Score™ Tell Us?The GF Score™ is a comprehensive measure that evaluates a stock's potential based on multiple factors such as financial strength, profitability, growth, valuation, and momentum. CDW's GF Score™ of 81/100 is indicative of a strong investment proposition, with the highest scores in profitability (8/10) and momentum (8/10). However, the valuation rank is lower at 4/10, reflecting concerns over the current market perception relative to its intrinsic value.

MetricRatingGF Score™81/100Financial Strength5/10Profitability8/10Growth7/10Valuation4/10Momentum8/10The overall scores suggest that while CDW demonstrates strong profitability and momentum, its financial strength and valuation are areas that require attention. The disparity between the high profitability rank and lower valuation rank may indicate that the market is currently undervaluing the company’s potential.

What Are Gurus and Insiders Doing with CDW?Currently, 13 gurus hold positions in CDW, with 8 adding to their stakes while 7 have trimmed their positions in recent quarters. This mixed activity reflects a cautious but generally positive sentiment among investment professionals regarding CDW's future prospects.

In terms of insider activity, over the past 12 months, insiders have bought $2.5 million worth of shares while selling $4.8 million, resulting in net selling of $2.3 million. This pattern may suggest some level of concern or a need for liquidity among insiders, which investors should consider when evaluating the stock's prospects. However, the fact that there are more buyers than sellers among gurus indicates confidence in the company’s future performance, despite recent price declines.

What This Means for InvestorsBased on the current analysis, CDW is considered significantly undervalued according to GF Value™, presenting an opportunity for investors seeking value in the market. However, the mixed signals from insider activities and guru ownership should be taken into account, emphasizing the need for thorough evaluation before making investment decisions. For further information and insights on CDW Corp, visit the CDW Corp CDW stock page.

Frequently Asked QuestionsWhat is CDW's GF Score™?

CDW has a GF Score™ of 81/100, indicating a strong investment potential based on various financial metrics.

Is CDW overvalued or undervalued?

CDW is currently undervalued, with a GF Value™ estimate of $212.24 compared to its current trading price of $144.48.

What is CDW's P/E ratio?

The current P/E ratio for CDW is 17.4x, which is significantly below its 5-year median P/E of 23.6x.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

Shares of IonQ (IONQ +2.40%) are soaring today. The quantum computing stock is up 8.1% as of 10:50 a.m. ET, having surged as much as 12.4% an hour earlier.

The company had plenty of news to share this morning. Let's get into it.

Image source: The Motley Fool.

A busy day in College Park IonQ dropped five press releases before lunch. That's a lot of noise for most companies, let alone one with limited sales and massive financial losses.

The most clearly market-moving item was the financial one. IonQ now expects full-year 2026 revenue of $450 million to $460 million, up from a $280 million to $290 million range stated in the Q2 report on Aug. 5. The new target range includes contributions from the SkyWater acquisition, which closed at the end of July.

Then there's the shiny new hardware. Superion 256 is IonQ's sixth-generation quantum computer, and the first whose chips came off SkyWater's production line. Orders are open for this 256-qubit system; deliveries will start in 2027. A 10,000-qubit successor is in development. Management targets fault tolerance in a lab setting in 2027 and commercial systems in 2028.

IonQ also published a research paper with potentially game-changing implications. The company estimates that a 20,000-qubit system could forge the digital signatures that secure Bitcoin (BTC +0.46%) in just 26 days. There's no hacking going on, as IonQ simply presented an integrated system framework with this capability. Actually delivering such a machine is still years away.

On the flip side of that long-term security threat, IonQ signed an $8.18 million deal with data governance specialist Congruity360 for quantum-safe networking.

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Great story, steep price Today also happens to be IonQ's investor day, which explains the large volume of saved-up announcements.

The press releases underscore IonQ's maturing business plan. The new revenue guidance, including the recently acquired SkyWater business, is about 250% above the fiscal year 2025 totals.

However, it's still a deeply unprofitable operation. Over the last four quarters, IonQ reported $572 million of negative free cash flow based on total revenues of $246 million.

The company may be poised for long-term leadership in the emerging quantum computing industry, but it also carries a dangerous combination of rich valuation and large execution risks. Size your IonQ investments accordingly, if you insist on owning it at all.

IonQ (IONQ +2.40%) raised its full-year revenue outlook by about 60% this morning, to a range of $450 million to $460 million. A month ago, the quantum computing company expected $280 million to $290 million.

Shares jumped on the news, trading near $44 as of this writing.

But most of that new revenue isn't quantum computing. The updated outlook is IonQ's first to include SkyWater Technology, the chip foundry it finished buying on July 31 -- and on the numbers IonQ has published, the foundry appears to account for the bulk of the increase.

Image source: Getty Images.

A different kind of raiseIonQ has now raised its 2026 revenue guidance three times this year, and the first two raises came from the quantum business beating its own forecasts. February's initial guidance called for $225 million to $245 million. In May, after first-quarter revenue of $64.7 million topped the guided range, the outlook moved to $260 million to $270 million. And in early August, after second-quarter revenue reached $80.1 million, up 287% year over year, the range rose to $280 million to $290 million -- an outlook that, the company noted, did "not reflect any contribution from the SkyWater acquisition."

This morning's raise is different, and far bigger. The new range simply folds SkyWater in from the July 31 closing date through the end of the year, minus an estimate of the chips the foundry was already selling to IonQ. Midpoint to midpoint, the step up is about $170 million.

The foundry could cover the whole raiseIonQ didn't break out how much of that $170 million comes from SkyWater. But the foundry's own recent results suggest it could account for the entire step up by itself.

SkyWater's revenue reached $317.1 million over the first half of its fiscal 2026 -- more than double the year-earlier figure. Five months at that pace comes to about $264 million. Even after subtracting the intercompany piece (IonQ's spending with SkyWater ran near $25 million in the second quarter), the foundry's implied five-month contribution runs well past $170 million.

In short, the raise arguably looks conservative measured against SkyWater's recent pace. Whatever quantum growth sits inside the new range, chip manufacturing likely makes up most of the increase.

Management isn't hiding the mix.

"As we prepare to host our first joint Investor Day today, our updated full-year guidance highlights both the market traction of our quantum platform and the foundational manufacturing scale provided by SkyWater," CEO Niccolo de Masi said in the announcement.

Of course, IonQ didn't buy SkyWater for its revenue. The January deal, a cash-and-stock agreement valuing the foundry at about $1.8 billion, was about securing the factory that makes IonQ's chips.

The strategy showed up again this morning: IonQ unveiled Superion 256, its sixth-generation quantum computing platform, with chips fabricated at SkyWater and customer deliveries expected in 2027.

Did the stock get cheaper today?IonQ came into today's session worth about $15.7 billion, about 55 times the midpoint of its August sales guidance. Against the new $455 million midpoint, today's roughly $17 billion market value comes to about 37 times guided sales. That looks like a big discount.

However, that blended sales multiple mixes two very different businesses, and I don't think it says much about the stock's valuation. IonQ itself told investors what foundry revenue is worth, agreeing in January to pay about 4 times the foundry's fiscal 2025 sales of roughly $440 million.

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Moneyball Superscore

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Value the foundry at that $1.8 billion price, and about $15 billion of IonQ's market value still rests on the quantum platform's $285 million of guided sales, or about 53 times sales. Run the same math on Friday's close, and the quantum platform traded at about 49 times sales before the announcement. On that consistent basis, the quantum business got about 9% more expensive this morning, without a new quantum number behind the move.

And IonQ remains deeply unprofitable. Its second-quarter non-GAAP (adjusted) EBITDA loss reached $120.3 million, versus a $36.5 million loss a year earlier. The loss was bigger than the quarter's entire revenue.

The tech company hosts its first joint investor day with SkyWater today, and the combined business arguably has a bigger story to tell. But this morning's raise is mostly a business investors have known about since January. And the quantum platform, where nearly all of the market value sits, got no new guidance of its own today. The August midpoint of $285 million still stands, at a higher sales multiple.

So, did the guidance raise make the growth stock a better buy? I don't think so. I would avoid buying shares at this price.

Hsbc Holdings PLC grew its position in Enersys (NYSE:ENS – Free Report) by 80.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,021 shares of the industrial products company’s stock after purchasing an additional 32,034 shares during the period. Hsbc Holdings PLC owned about 0.20% of Enersys worth $16,856,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. United Services Automobile Association acquired a new position in Enersys in the first quarter worth approximately $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Enersys by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after acquiring an additional 9,737 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Enersys during the 2nd quarter worth $4,623,000. EverSource Wealth Advisors LLC lifted its stake in shares of Enersys by 626.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 476 shares during the last quarter. Finally, Cerity Partners LLC acquired a new stake in shares of Enersys in the second quarter worth about $460,000. 94.93% of the stock is owned by hedge funds and other institutional investors.

Enersys Stock Performance NYSE:ENS opened at $180.78 on Wednesday. The firm’s 50-day moving average is $193.38 and its 200-day moving average is $198.52. Enersys has a 52-week low of $103.03 and a 52-week high of $244.30. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80. The company has a market cap of $6.52 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 0.90 and a beta of 1.21.

Enersys (NYSE:ENS – Get Free Report) last released its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, beating the consensus estimate of $2.83 by $0.83. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The business had revenue of $935.64 million during the quarter, compared to analysts’ expectations of $928.01 million. During the same quarter last year, the company earned $2.08 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Equities research analysts anticipate that Enersys will post 13.41 earnings per share for the current year. Enersys Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be given a dividend of $0.2875 per share. This is a boost from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, September 18th. Enersys’s dividend payout ratio (DPR) is presently 11.24%.

Wall Street Analyst Weigh In A number of research analysts have recently commented on ENS shares. Oppenheimer reissued an “outperform” rating on shares of Enersys in a report on Friday, August 14th. BTIG Research restated a “buy” rating and issued a $280.00 price objective on shares of Enersys in a research note on Thursday, August 13th. Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Finally, Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, Enersys has a consensus rating of “Buy” and a consensus target price of $265.00.

Get Our Latest Report on ENS

Enersys Company Profile (Free Report)

Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.

The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.

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Alaska Air Group (ALK - Free Report) ended the recent trading session at $40.74, demonstrating a -3.09% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.58%. Meanwhile, the Dow lost 1.18%, and the Nasdaq, a tech-heavy index, lost 0.32%.

The stock of airline has fallen by 11.05% in the past month, lagging the Transportation sector's loss of 3.23% and the S&P 500's loss of 0.36%.

The investment community will be closely monitoring the performance of Alaska Air Group in its forthcoming earnings report. On that day, Alaska Air Group is projected to report earnings of $0.48 per share, which would represent a year-over-year decline of 54.29%. Meanwhile, our latest consensus estimate is calling for revenue of $4.32 billion, up 14.65% from the prior-year quarter.

For the full year, the Zacks Consensus Estimates project earnings of -$1.74 per share and a revenue of $15.85 billion, demonstrating changes of -171.31% and +11.28%, respectively, from the preceding year.

Investors should also note any recent changes to analyst estimates for Alaska Air Group. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 139.22% lower. Alaska Air Group currently has a Zacks Rank of #3 (Hold).

The Transportation - Airline industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 209, which puts it in the bottom 16% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

India's Serious Fraud Office has recommended Xiaomi be investigated for alleged irregularities in its business model and compliance with foreign investment law, potentially intensifying scrutiny of the ​smartphone maker, a government document shows.

China's Xiaomi (1810.HK) was once India's top-selling smartphone brand but has seen its market share dwindle amid intense competition from Apple and Samsung. ‌It is also battling several tax demands and royalty payment disputes.

The recommendation from India's Serious Fraud Investigation Office (SFIO) said the investigation should examine movement of funds and whether Xiaomi sought mandatory investment approvals as required after India tightened scrutiny of Chinese investments following deadly border clashes between the two nations in 2020.

A person familiar with the matter said the government is examining the memorandum, which was drafted in May and reviewed by Reuters.

The revelation comes ahead of Chinese President ​Xi Jinping's expected visit to attend a BRICS summit in India at the weekend.

"The most important part of the proposed investigation should be examination of the beneficial ownership of foreign investors ​and group entities," the memorandum said.

"The investigation should verify whether any direct or indirect beneficial ownership, control, or change in control was disclosed and ⁠approved as required...It is recommended that a detailed SFIO investigation be undertaken."

In a statement to Reuters, a Xiaomi spokesperson said the company has not received any notice or communication from the SFIO, adding: "We ​accord paramount importance to the laws of the land and comply with them fully at all times."

A spokesperson for SFIO's parent, the Ministry of Corporate Affairs, and the SFIO, did not respond to queries.

The ​SFIO is India's main agency that looks into corporate fraud and has powers to arrest and prosecute offenders. Its proposal for Xiaomi Technology India Private Limited and its related entities is pending approval from its parent ministry, which is a standard process in such cases.

"There is no timeline in such cases for the ministry to decide - it can take months. The ministry may not find enough to proceed or can allow SFIO to start the probe. ​It can also ask other departments to look into the matter," said Meghav Gupta, founder of Indian law firm Consecro Law.

The stricter foreign investment rules introduced in 2020 required prior government approval for ​any investment made by a Chinese entity in India, which businesses, including Xiaomi, had said caused delays.

Earlier this year, India's government relaxed some of the restrictions, as New Delhi and Beijing have been working on maintaining peace at the border. ‌Xi's expected ⁠visit is viewed as an effort to further stabilise relations.

XIAOMI'S MANY CHALLENGES IN INDIA
For Xiaomi, an SFIO investigation could be another setback. It has been unsuccessful in overturning the financial crime- fighting agency's 55.51 billion rupees ($584 million) freeze of its Indian bank assets since 2022 for alleged illegal remittances, which it denies.

Xiaomi has slid to fourth place in India's smartphone market with a 13% share, a drop from 19% it commanded earlier, according to Counterpoint Research. Its India revenue in 2025 stood at $2.52 billion, 40% lower than recorded three years ago.

The SFIO proposal said the agency was recommending action against Xiaomi based on complaints and ​inputs received via the government's commerce ministry, which ​also did not respond to Reuters queries. SFIO also ⁠called for "coordination" with other government agencies, saying overlapping violations will be correlated.

The memorandum did not elaborate on the information SFIO had reviewed, but laid out a 21-point investigation framework with scope, methodology and plan of action, including possible summoning of company executives if required.

Financial statements and auditor reports filed with ​the Indian government should "be tested for material misstatement", SFIO said, adding that statements of current and former directors, CFOs and compliance officers should also ​be recorded.

E-COMMERCE SCRUTINY
Brands like ⁠Xiaomi have become hugely popular in India through online sales of their products on Amazon (AMZN.O) and Walmart's Flipkart.

But small brick-and-mortar retailers have repeatedly accused the two e-commerce companies of entering into exclusive pacts with sellers, which is prohibited under India's Foreign Direct Investment (FDI) laws, saying it hurts the smaller offline businesses. Amazon and Flipkart deny the allegations.

In 2024, India's antitrust agency alleged that Xiaomi was among smartphone companies which colluded with ⁠the two e-commerce ​companies to exclusively launch products online, breaching competition laws, Reuters has reported. Xiaomi has not commented on the matter.

The SFIO investigation ​proposal calls for further scrutiny of Xiaomi on the subject, saying it should be assessed if it had "de facto control" over Indian sellers or launch partners, but represented those arrangements as operating at arm's length.

"The inquiry should specifically cover whether preferential ​and exclusive launches of Xiaomi products on selected e-commerce platforms .... defeated the intent of the FDI policy applicable to e-commerce (companies)," SFIO said.

Bitcoin fiyatı 79.000 dolar çevresinde yön arayışını sürdürürken, yatırımcıların gözü Fed’in gelecek haftaki faiz kararına çevrildi. Piyasalarda 25 baz puanlık faiz artışı ihtimali yaklaşık yüzde 60 seviyesinde fiyatlanırken CoinShares, BTC’nin mevcut işlem aralığından güçlü şekilde çıkmasını sağlayabilecek iki önemli gelişmeye dikkat çekti. Şirkete göre İran kaynaklı jeopolitik gerilimin çözülmesi veya ABD devlet borcuna yönelik güvenin daha da zayıflaması Bitcoin için yeni bir hareketin kapısını açabilir.

Fed İçindeki Görüş Ayrılığı Bitcoin’i Etkiliyor CoinShares Araştırma Başkanı James Butterfill, Fed Başkanı Kevin Warsh ile Christopher Waller’dan gelen açıklamaların faiz beklentileri konusunda farklı sinyaller verdiğine dikkat çekti.

Butterfill, Warsh’ın enflasyona yönelik açıklamalarının şahin olarak değerlendirildiğini, Waller’ın ise son verilerde dezenflasyon işaretlerinin bulunduğunu savunduğunu belirtti.

Waller’ın daha güvercin mesajları tahvil getirilerindeki baskının azalmasına yardımcı olurken Bitcoin’in 80.000 doların üzerine çıkmasını destekledi.

İlginizi Çekebilir: Bitcoin 79 Bin Doları Kaybetti: Gözler Bu Kritik Seviyede!

CME FedWatch verilerine göre piyasalar, Fed’in gelecek haftaki FOMC toplantısında politika faizini 25 baz puan artırma ihtimalini yüzde 60,4 civarında fiyatlıyor. CoinShares ise piyasanın faiz artışı beklentisini fazla agresif buluyor. Butterfill, daha zayıf iş gücü verileri ve Fed üyeleri arasında enflasyon ile istihdama ne kadar ağırlık verilmesi gerektiği konusunda oluşan görüş ayrılıklarının belirsizliği artırdığını ifade etti.

CoinShares Bitcoin İçin İki Kritik Faktöre İşaret Etti Butterfill’e göre Bitcoin’in 80.000 dolar seviyesini güçlü ve kalıcı şekilde aşabilmesi için makroekonomik görünümde önemli bir değişiklik yaşanması gerekiyor. CoinShares yöneticisi, mevcut koşullarda Bitcoin’in belirli bir fiyat aralığında hareket etmeye devam edebileceğini belirtirken, bu görünümü değiştirebilecek iki temel senaryoya dikkat çekti.

İran geriliminin çözüme kavuşması: Jeopolitik tansiyonun düşmesi, enerji fiyatları üzerindeki baskıyı azaltarak enflasyon ve faiz beklentilerinin gerilemesine yardımcı olabilir. Böyle bir ortam Bitcoin gibi riskli varlıklara yönelik talebi destekleyebilir. ABD devlet borcuna güvenin zayıflaması: ABD’nin borç görünümüne yönelik endişelerin büyümesi, yatırımcıların geleneksel varlıklara alternatif arayışını hızlandırabilir. CoinShares’e göre bu durum Bitcoin gibi merkezi olmayan değer saklama araçlarına yönelik talebi artırabilir. Butterfill, bu iki senaryodan biri gerçekleşmediği sürece Bitcoin’de mevcut fiyat aralığındaki hareketin daha olası olduğunu düşünüyor. Bu nedenle jeopolitik gelişmelerin yanı sıra ABD ekonomisi ve Fed’in para politikasından gelecek sinyaller BTC’nin 80.000 dolar üzerindeki geleceği açısından kritik önem taşıyor.

Bitcoin İçin Enflasyon ve Fed Kararı Belirleyici Olacak CoinShares’e göre bu iki faktörden güçlü bir sinyal gelmediği sürece Bitcoin fiyatında belirli bir aralık içerisinde dalgalanan görünümün devam etmesi daha olası. Özellikle Ağustos enflasyon verileri ve Fed’in Eylül toplantısı BTC’nin kısa vadeli yönü açısından kritik olacak. Butterfill, enflasyon rakamlarının Waller’ın dezenflasyon görüşünün geçerliliğini test edeceğini, Fed toplantısının ise merkez bankasının enflasyon ile istihdam arasında hangi tarafa daha fazla ağırlık vereceğini göstereceğini belirtti. Fed faiz beklentilerindeki değişim, ABD enflasyon verileri ve İran kaynaklı jeopolitik gelişmeler BTC fiyatında mevcut sıkışmanın sona ermesini sağlayabilir. Bu nedenle önümüzdeki günlerde makroekonomik veriler Bitcoin yatırımcılarının yakın takibinde olacak.

Son dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

Zcash son dönemde gerçekleştirdiği güçlü yükselişle 800 dolar seviyelerinden 1.250 dolara kadar tırmanırken, teknik göstergeler ZEC için kısa vadeli düzeltme riskinin arttığına işaret ediyor. Fiyat yaklaşık 1.124 dolar civarında işlem görürken RSI göstergesinin son zirveyi teyit edememesi yükseliş momentumunun zayıfladığına yönelik önemli bir sinyal verdi. Analistler olası geri çekilmede özellikle 1.040 ile 1.080 dolar arasındaki kritik destek bölgesini yakından takip ediyor.

Zcash 1.250 Dolara Ulaştı Ancak Momentum Zayıflıyor ZEC yalnızca birkaç işlem seansı önce 800 dolar civarında işlem görürken son yükseliş dalgasında yaklaşık yüzde 50 değer kazandı. Fiyatın ağustos ayında görülen 880 dolar civarındaki zirveyi aşarak 1.200 doların üzerine çıkması, ana trendin güçlü kalmasını sağladı. Ancak RSI göstergesi fiyat hareketindeki yeni zirveyi doğrulayamadı. ZEC daha yüksek seviyelere ulaşırken RSI yaklaşık 74 seviyesinde kaldı ve önceki zirvesini aşamadı. Teknik analizde negatif uyumsuzluk olarak değerlendirilen bu durum, yükseliş momentumunun güç kaybetmeye başladığına ve kâr satışlarının artabileceğine işaret edebilir.

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Zcash için dikkat çeken bir diğer teknik sinyal, fiyat ile önemli hareketli ortalamalar arasındaki farkın ciddi şekilde açılması oldu. ZEC son geri çekilmeye rağmen yaklaşık 847 dolar seviyesindeki 20 günlük hareketli ortalamanın yüzde 30’dan fazla üzerinde bulunuyor. 50 günlük hareketli ortalama yaklaşık 650 dolar seviyesinde bulunurken daha uzun vadeli ortalamalar 614 dolar ve 512 dolar civarında seyrediyor. Fiyatın trend ortalamalarından bu kadar uzaklaşması güçlü yükselişi gösterse de olası kâr satışlarında aşağı yönlü hareketin hızlanması riskini beraberinde getiriyor.

Zcash İçin Kritik Destek Seviyeleri Belli Oldu Kısa vadede yatırımcıların takip ettiği ilk önemli bölge 1.040 ile 1.080 dolar aralığı. Son kırılmanın gerçekleştiği bu bölgenin korunması, ZEC fiyatının yeniden güç kazanarak 1.200 ve 1.250 dolar seviyelerini test etmesine yardımcı olabilir.

Olası geri çekilmede öne çıkan seviyeler şöyle:

040-1.080 dolar: Kısa vadede ilk kritik destek bölgesi. 950 dolar: İlk desteğin kaybedilmesi durumunda takip edilebilecek ikinci önemli seviye. 800-850 dolar: Satışların derinleşmesi halinde önceki birikim bölgesi ve 20 günlük hareketli ortalamaya yakın alan. Bu nedenle özellikle 1.040 dolar seviyesinin altında oluşabilecek fiyat hareketleri, düzeltmenin daha derin seviyelere genişleme riskini artırabilir.

ZEC’te Düzeltme Gelir mi? Zcash’ın ana trendi şimdilik yukarı yönlü görünümünü koruyor. Ancak negatif RSI uyumsuzluğu ve fiyatın hareketli ortalamalardan önemli ölçüde uzaklaşması, son rallinin ardından daha temkinli olunması gerektiğini gösteriyor. ZEC’in 1.040-1.080 dolar bölgesini koruması halinde yeniden 1.200 doların üzerine doğru toparlanma görülebilir. Buna karşılık satış baskısının artması ve kritik desteğin kaybedilmesi 950 doların, daha derin bir düzeltmede ise 800-850 dolar bölgesinin yeniden gündeme gelmesine neden olabilir. Zcash güçlü yükseliş trendini korusa da teknik göstergelerde ortaya çıkan momentum kaybı kısa vadeli düzeltme riskini artırıyor. ZEC’in bundan sonraki yönü açısından 1.040-1.080 dolar desteği ile 1.200-1.250 dolar direnç bölgesi belirleyici olabilir.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

Bitcoin ağustos ayında yaklaşık yüzde 30 yükselerek güçlü bir toparlanma sergiledi. Buna rağmen yatırımcıların önünde iki farklı senaryo bulunuyor: Bazıları ayı piyasasının geride kaldığını düşünürken, bazıları dünyanın en büyük kripto para birimi için sert bir düşüş riskinin hâlâ devam ettiğini savunuyor. Alphractal kurucusu Joao Wedson ise Bitcoin’in tarihsel kapitülasyon bölgelerinden biri olan 38.400 dolar seviyesine dikkat çekiyor.

Wedson’a göre Balanced Price metriği şu anda yaklaşık 38.400 dolarda bulunuyor. Ancak geçmiş döngülerde bu bölgenin çalışmış olması, Bitcoin’in mutlaka aynı seviyeye geri döneceği anlamına gelmiyor.

Balanced Price Bitcoin İçin Neden Önemli? Balanced Price, Bitcoin’in toplam maliyet temelini uzun vadeli yatırımcıların eski coinleri harcama davranışlarını dikkate alarak düzenleyen bir değerleme metriği. Bu gösterge geçmişte BTC’nin yoğun kapitülasyon yaşadığı ve döngüsel diplerin oluştuğu dönemlerde önemli bölgeler ortaya çıkardı.

Fakat metrik ile Bitcoin’in temasları arasındaki süre her döngüde uzuyor. Önce 732 gün olan bu zaman aralığı daha sonra 1.120, 1.200 ve 1.420 güne kadar çıktı.

Mevcut döngüde Bitcoin, Balanced Price ile son temasından bu yana yaklaşık 1.400 gün geçirdi. Üstelik BTC’nin bu göstergenin altında kaldığı süre de giderek kısalıyor. Önceki döngülerde fiyat birkaç hafta boyunca bölgenin altında kalırken daha sonraki dönemde bu süre yaklaşık 20 güne indi ve 2022’de Bitcoin neredeyse yalnızca bir gün bu seviyenin altında kaldı.

Bitcoin 38 Bin Dolara Yeniden Düşer Mi? Mevcut Balanced Price yaklaşık 38.400 dolar olsa da bu seviyenin gelecekte mutlaka test edilmesi gerekmiyor. Wedson’un değerlendirmesi, Bitcoin’in tarihsel modelden tamamen koparak bu bölgeyi bir daha ziyaret etmeme ihtimalini de gündeme getiriyor.

Diğer taraftan geçmiş yapı yeniden çalışırsa 40.000 dolar civarı, zincir üstü veriler açısından olası bir kapitülasyon hedefi olarak önemini koruyabilir. Dolayısıyla bu seviye kesin bir fiyat hedefinden ziyade takip edilmesi gereken tarihsel bir değerleme bölgesi olarak değerlendirilmeli.

Aşırı İyimserlik Bitcoin İçin Risk Mi? Yatırımcıların piyasanın dibinin geride kaldığına yönelik inancı da güçleniyor. Wedson’un sosyal medya analizinde “Very Bullish” olarak tanımlanan aşırı iyimser duyarlılık öne çıkıyor.

Bu tablo, 2022 sonu ve 2023 başındaki dip döneminin ardından görülen belirsizlikten çok daha güçlü bir iyimserliğe işaret ediyor. Ancak aşırı yükseliş beklentisi kendi başına yeni bir risk yaratabilir.

Bitcoin yeniden sert satışlarla karşılaşırsa yükseliş yönünde pozisyon alan yatırımcıların zorunlu likidasyonları yeni bir satış dalgasını tetikleyebilir. Bu nedenle kripto para piyasasında olumlu duyarlılığın yükselmesi her zaman fiyat açısından güvenli bir sinyal anlamına gelmiyor.

BTC Yeni Rekora Daha Hızlı Ulaşabilir Mi? Piyasadaki bir başka görüş ise Bitcoin’in mevcut döngülerinin giderek kısaldığı yönünde. Killa isimli analist, BTC’nin gelecek yılın dördüncü çeyreğinde yeni bir tüm zamanların en yüksek seviyesine ulaşabileceğini ve Kasım 2027’ye kadar 126.000 doların üzerinde işlem görebileceğini düşünüyor.

Analist, yalnızca 2022 döngüsünü baz aldığında Bitcoin’in en geç Şubat 2028’de yeni bir rekor kırması gerektiğini hesaplıyor. Ancak mevcut döngünün daha hızlı ilerlediğini savunuyor.

Bunun temel nedeni, Bitcoin’in dip seviyesine yaklaşık üç ila dört ay daha erken ulaşmış olması. Bu durum gerçekleşirse yeni ATH için öngörülen tarih de öne çekilebilir. Yatırımcıların Balanced Price gibi uzun vadeli göstergeleri, piyasa duyarlılığını ve döngü sürelerini birlikte takip etmesi daha sağlıklı bir piyasa analizi sunabilir.

Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

TLDR XRP trades near $1.40–$1.44, up sharply from its August low around $1.00. Price sits below the $1.47–$1.52 resistance zone that has capped recent rallies. Grok’s AI forecasts for XRP in September range from $1.25 to $1.55, showing little consensus. Daily trading volume has fallen well below the 30-day average, and XRP ETF inflows have slowed. CPI data on September 11 and the FOMC decision on September 16 could decide XRP’s next move. XRP is trading around $1.40 to $1.44 as of September 9, 2026. The token has climbed sharply from its August low near $1.00, but the pace of that recovery has slowed in recent days.

Short-term moving averages sit below the current price, forming a floor between $1.34 and $1.42. The 50-day and 200-day averages sit lower, near $1.20 and $1.27, showing the broader trend has turned upward over the past month.

The MACD indicator is sitting almost exactly at zero. That flat reading suggests XRP is at a turning point, where the next move could set the tone for the rest of September.

The RSI reads 62, which is a normal, trending level rather than an overbought one. Stochastic indicators show a short-term bullish crossover, adding some support to the case for a move higher.

Resistance sits between $1.47 and $1.52, a level XRP has tried and failed to clear more than once. Support sits between $1.27 and $1.34, an area tied to XRP’s 200-day moving average.

XRP Price on CoinGecko Open interest in XRP derivatives dropped nearly 3% over 24 hours even as price rose almost 4%. That pattern usually points to short sellers closing positions rather than new buyers stepping in.

The taker buy/sell ratio sits close to 1.0, meaning buying and selling pressure are roughly balanced. That tells traders the recent bounce has not yet been backed by strong, organic buying.

Retail traders are leaning long, with about 69% holding long positions. Larger accounts, often called smart money, are even more long at roughly 72%.

Trading Volume and ETF Demand Daily trading volume has lagged behind the recent price action. Volume on September 6 came in near $1.46 billion, about half of the 30-day average of $2.77 billion.

XRP spot ETFs have taken in about $1.68 billion since launch. Weekly inflows have cooled from $110.5 million to roughly $19 million, and September 4 recorded a $7.2 million outflow.

Key Dates This Month The August CPI inflation report arrives on September 11. A hotter than expected number could raise expectations for tighter Federal Reserve policy, which tends to pressure crypto prices.

The Federal Reserve’s FOMC meeting follows on September 16. Markets have been pricing in a chance of a rate move at that meeting.

XRP also faces a procedural vote on the CLARITY Act, expected around September 15. The bill relates to crypto market regulation in the United States.

Grok, the AI model, has produced a range of September forecasts for XRP. Estimates have moved from $1.25 in early September up to a range of $1.40 to $1.55 in the most recent projection.

As of this writing, XRP is trading at $1.4360, holding above its short-term support near $1.34 and still below the $1.47 resistance level that has defined its recent range.

Quarterly Results Reflect Improved Profitability, First Day® Complete Growth and Continued Balance Sheet Progress

Net Income (Loss) Improves 29% and Adjusted EBITDA Improves 19% Year-Over-Year

Fall 2026 First Day® Complete Expected to Reach More Than 1.43 Million Students, 26% More than Fall 2025

Company Reiterates Fiscal 2027 Outlook

FLORHAM PARK, N.J., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Barnes & Noble Education, Inc. (NYSE: BNED) ("Barnes & Noble Education," “BNED,” the “Company,” “we,” “us” or “our”), a leading solutions provider for the education industry, today reported financial results for the fiscal first quarter ended August 1, 2026.

During the first quarter, the Company delivered year-over-year improvement across its key operating and financial measures, including revenue, comparable store sales, BNC First Day® revenue, net income (loss), and Adjusted EBITDA, while further strengthening its balance sheet.   Barnes & Noble Education’s business is highly seasonal, with the majority of sales and operating profit typically realized during the second and third fiscal quarters, reflecting the fall and spring academic terms.

“We began fiscal 2027 on plan, with continued momentum across the business and year-over-year improvement across each of our key operating and financial measures,” commented Jonathan Shar, Chief Executive Officer. “These results reflect the continued progress of our strategy and the disciplined execution of our teams.”

“Importantly, the momentum in First Day® Complete continues to build as more institutions recognize the value of improving the affordability, access and convenience of course materials for their students,” continued Shar. “We are excited about the continued growth of First Day® Complete this fall and the opportunity to deepen our partnerships with colleges and universities and demonstrate our ability to deliver solutions that support their broader institutional priorities.”

Mr. Shar continued, “As we enter the important fall semester, we are encouraged by the growth we are seeing in First Day® Complete and remain confident in our outlook for fiscal 2027. We are focused on translating that momentum into continued growth in profitability, stronger cash generation and further improvements in our balance sheet.”

Fiscal 2027 First Quarter Financial Results

Revenue for the first quarter of fiscal 2027 was $290.6 million, an increase of $2.4 million, or 0.8%, compared with $288.2 million for the first quarter of fiscal 2026. Gross comparable store sales increased by $10.7 million, or 3.7%, year-over-year. The increase in revenue was primarily driven by growth in BNC First Day® programs, partially offset by the impact of store closures, including exits from certain less profitable locations.

Revenue from BNC First Day® programs increased by $10.3 million, or 9.0%, year-over-year to $124.7 million.

Net loss for the first quarter of fiscal 2027 was $12.9 million, a 29.3% improvement compared to a net loss of $18.3 million in the prior-year period. Adjusted EBITDA improved by $2.2 million, or 18.9%, to a loss of $9.3 million from a loss of $11.5 million in the prior-year period.

Total debt at the end of the first quarter of fiscal 2027 was $123.5 million, compared with $170.0 million at the end of the first quarter of fiscal 2026. The Company’s net working capital position remained strong with $236.8 million of positive working capital as of the end of the first quarter of fiscal 2027.

During the quarter, the Company declared a quarterly dividend of $0.08 per share, which was paid on July 30, 2026 to shareholders of record on July 16, 2026.

First Day Complete Momentum

The Company continues to generate strong momentum in First Day® Complete, its institution-wide affordable access program. First Day® Complete will be offered across 263 campuses during the Fall 2026 academic term, reaching more than 1.43 million students*, approximately 26% more than in Fall 2025. Given the seasonality of the Company’s business and the timing of the academic calendar, the financial impact of this expanded Fall 2026 participation will be primarily reflected in the second and subsequent quarters of fiscal 2027.

_________________________

* Represents the undergraduate student population at institutions where First Day® Complete is offered, plus graduate student populations where the program is also offered. Student population data as reported by the National Center for Education Statistics (NCES) as of January 2, 2026. The figure represents students eligible to participate in First Day® Complete.

The table below reflects the reconciliation of Adjusted EBITDA to the most comparable GAAP financial metric, Net loss, for the first quarter of fiscal 2027 and the related prior period:

Adjusted EBITDA

 13 weeks ended($ in thousands)August 1, 2026 August 2, 2025Net loss$(12,914) $(18,271)Add:   Depreciation and amortization expense 8,151   9,185 Interest expense, net 2,718   3,745 Income tax benefit (7,062)  (8,640)Other (income) expense, net (1,298)  (49)Stock-based compensation expense 1,084   2,536 Adjusted EBITDA$(9,321) $(11,494)     Outlook

Based on its first-quarter performance and current expectations, the Company is reiterating its prior fiscal 2027 outlook. The Company expects continued growth in revenues and is focused on driving operating leverage with disciplined expense management. The Company is targeting Adjusted EBITDA in the range of $85 million to $92 million and anticipates further significant improvements in net income profitability. The Company also sees opportunities to drive better capital efficiency, which should contribute to additional reductions in debt and interest expense. The Company anticipates approximately $20 million in capital expenditures and should be a normal cash taxpayer in fiscal 2027.

Earnings Calls

Following our Investor Day in June, we are continuing to expand our investor engagement activities. As indicated in our fiscal 2026 year-end earnings release, the Company will host earnings conference calls following its fiscal 2027 second quarter and full-year earnings results. With the second quarter following the important back-to-school season and our full-year results coinciding with the conclusion of the academic year, we believe these periods provide the most meaningful opportunities to update investors on our performance, progress against our strategic priorities and outlook for the business. Further details, including the exact date and time, will be announced in advance of each call.

Use of Non-GAAP Financial Information —Adjusted EBITDA

To supplement the Company’s condensed consolidated financial statements presented in accordance with generally accepted accounting principles (“GAAP”), the Company uses the financial measure of Adjusted EBITDA, which is a non-GAAP financial measure under Securities and Exchange Commission (the “SEC”) regulations. We define Adjusted EBITDA as net income (loss) plus (1) depreciation and amortization; (2) interest expense, net (3) income taxes, (4) stock compensation, and (5) certain other non-cash or non-recurring items, and other adjustments permitted under our credit agreement.

Adjusted EBITDA has been reconciled to the most comparable financial measure presented in accordance with GAAP, consolidated net income (loss). All of the items included in the reconciliation are either (i) non-cash items or (ii) items that management does not consider in assessing our on-going operating performance.

Adjusted EBITDA is not intended as a substitute for and should not be considered superior to measures of financial performance prepared in accordance with GAAP. In addition, the Company’s use of Adjusted EBITDA may be different from similarly named measures used by other companies, limiting its usefulness for comparison purposes.

We review Adjusted EBITDA as an internal measure to evaluate our performance at a consolidated level to manage our operations. We believe that this measure is a useful performance measure which is used by us to facilitate a comparison of our on-going operating performance on a consistent basis from period-to-period. We believe that Adjusted EBITDA provides for a more complete understanding of factors and trends affecting our business than measures under GAAP can provide alone, as it excludes certain items that management believes do not reflect the ordinary performance of our operations in a particular period. Our Board of Directors and management also use Adjusted EBITDA at a consolidated level as one of the primary methods for planning and forecasting expected performance, for evaluating on a quarterly and annual basis actual results against such expectations, and as a measure for performance incentive plans. We believe that the inclusion of Adjusted EBITDA results provides investors useful and important information regarding our operating results, in a manner that is consistent with management’s evaluation of business performance.

The Company urges investors to carefully review the GAAP financial information included as part of the Company’s Form 10-Q for the fiscal quarter ended August 1, 2026. We do not provide a reconciliation of forward-looking non-GAAP financial metrics, because reconciling information is not available without an unreasonable effort, such as attempting to make assumptions that cannot reasonably be made on a forward-looking basis to determine the corresponding GAAP metric.

ABOUT BARNES & NOBLE EDUCATION, INC.

Barnes & Noble Education, Inc. (NYSE: BNED) is a leading solutions provider for the education industry, driving affordability, access and achievement at hundreds of academic institutions nationwide and ensuring millions of students are equipped for success in the classroom and beyond. Through its family of brands, BNED offers campus retail services and academic solutions, wholesale capabilities and more. BNED is a company serving all who work to elevate their lives through education, supporting students, faculty and institutions as they make tomorrow a better and smarter world. For more information, visit www.bned.com.

Media & Investor Contact:
Greg McKinley / Rob Fink
FNK IR
[email protected]
952-393-4255 / 646-809-4048

Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and information relating to us and our business that are based on the beliefs of our management as well as assumptions made by and information currently available to our management. When used in this communication, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “may,” “should,” “will,” “forecasts,” “projections,” “continue to,” “committed to,” and similar expressions, as they relate to us or our management, identify forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements, and such statements include but are not limited to those related to continued acceleration in demand for our BNC First Day® offerings, expected enrollment in our First Day® Complete program, continued expansion of our new offerings, expansion of institutional partnerships, future opportunities to accelerate profitable growth, generate strong cash flow, strategic and operational objectives, expected trends in financial results, including those related to seasonality, continued expense discipline and improved capital efficiency, margin improvement, and Adjusted EBITDA guidance. We caution you not to place undue reliance on these forward-looking statements. Such statements reflect our current views with respect to future events, the outcome of which is subject to certain risks, including, but not limited to: the amount of our indebtedness and ability to comply with covenants contained in our credit agreement; our ability to maintain adequate liquidity levels to support ongoing inventory purchases and related vendor payments in a timely manner; slower than anticipated pace of adoption of our BNC First Day® equitable and inclusive access course material models; our dependency on strategic service provider relationships and the potential for adverse operational and financial changes to these strategic service provider relationships; non-renewal of our managed bookstore, physical and/or online store contracts; general competitive conditions; a decline in college enrollment or decreased funding available for students; technological changes, including the adoption of artificial intelligence technologies for educational content; disruptions to our information technology systems, infrastructure, data, supplier systems, and customer ordering and payment systems due to computer malware, viruses, hacking and phishing attacks; disruption of or interference with third party service providers and our own proprietary technology; and changes in applicable domestic and international laws, rules or regulations or changes in enforcement practices, including, without limitation, U.S. tax reform, changes in tax rates, tariffs, import and export control laws and regulations, changes to consumer data privacy rights legislation, as well as related guidance. Moreover, we operate in a very competitive and rapidly changing environment and new risks may emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In addition, the declaration of any future dividends will be subject to further review and approval by the Board in accordance with applicable law. The Board reserves the right to adjust or withdraw any quarterly dividend in future periods as it reviews our capital allocation strategy from time-to-time and ensures compliance with any applicable restrictions, including those set forth in our credit agreement with our lenders.

For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in the Company’s Annual Report on Form 10-K for the year ended May 2, 2026. Any forward-looking statements made by us in this press release speak only as of the date of this press release, and we do not intend to update these forward-looking statements after the date of this press release, except as required by law.

  BARNES & NOBLE EDUCATION, INC. AND SUBSIDIARIES
Consolidated Statements of Operations (Unaudited)
(In thousands, except share and per share data)   13 weeks ended August 1, 2026 August 2, 2025Sales:   Product sales and other$276,859  $274,179 Rental income 13,736   13,981 Total sales 290,595   288,160 Cost of sales (exclusive of depreciation and amortization expense):   Product and other cost of sales 226,783   225,363 Rental cost of sales 6,765   7,420 Total cost of sales 233,548   232,783 Gross profit 57,047   55,377 Selling and administrative expenses 67,316   67,861 Depreciation and amortization expense 8,151   9,185 Other (income) expense, net (1,162)  1,497 Operating loss (17,258)  (23,166)Interest expense, net 2,718   3,745 Loss before income taxes (19,976)  (26,911)Income tax expense (7,062)  (8,640)Net loss$(12,914) $(18,271)    Earnings per share - Basic and Diluted   Net loss attributable to BNED shareholders - basic$(0.37) $(0.54)Net loss attributable to BNED shareholders - diluted$(0.37) $(0.54)    Weighted average shares of common stock outstanding - basic 34,531,798   34,053,847 Weighted average shares of common stock outstanding - diluted 34,531,798   34,053,847       13 weeks endedDollars in thousandsAugust 1, 2026 August 2, 2025    Sales:   Product sales and other95.3% 95.1%Rental income4.7% 4.9%Total sales100.0% 100.0%Cost of sales (exclusive of depreciation and amortization expense):   Product and other cost of sales81.9% 82.2%Rental cost of sales49.3% 53.1%Total cost of sales80.4% 80.8%Gross profit19.6% 19.2%Selling and administrative expenses23.2% 23.5%Depreciation and amortization expense2.8% 3.2%Other (income) expense, net(0.4)% 0.5%Operating loss(5.9)% (8.0)%Interest expense, net0.9% 1.3%Loss before income taxes(6.9)% (9.3)%Income tax expense(2.4)% (3.0)%Net loss(4.4)% (6.3)% (a)Represents the percentage these costs bear to the related sales, instead of total sales.     BARNES & NOBLE EDUCATION, INC. AND SUBSIDIARIES
Consolidated Balance Sheets  (Unaudited)
(In thousands, except share and per share data)     August 1, 2026 May 2, 2026ASSETS   Current assets:   Cash and cash equivalents$7,806  $8,418 Accounts receivable, net 176,686   116,526 Merchandise inventories, net 366,296   298,347 Textbook rental inventories 5,844   27,035 Prepaid expenses and other current assets 37,237   34,137 Total current assets 593,869   484,463 Property and equipment, net 33,648   34,123 Operating lease right-of-use assets 148,920   145,594 Intangible assets, net 53,732   58,092 Deferred tax assets, net 149   — Other noncurrent assets 16,411   17,625 Total assets$846,729  $739,897 LIABILITIES AND STOCKHOLDERS' EQUITY   Current liabilities:   Accounts payable$210,999  $135,564 Accrued liabilities 78,887   80,990 Current operating lease liabilities 67,213   67,050 Total current liabilities 357,099   283,604 Long-term deferred taxes, net —   — Long-term operating lease liabilities 82,497   85,455 Other long-term liabilities 5,263   5,399 Long-term borrowings 123,500   71,000 Total liabilities 568,359   445,458 Commitments and contingencies   Stockholders' equity:   Preferred stock, $0.01 par value; authorized, 5,000,000 shares; issued and outstanding, none —   — Common stock, $0.01 par value; authorized, 200,000,000 shares; issued, 34,692,247 and 34,456,977 shares, respectively; outstanding, 34,685,810 and 34,429,710 shares, respectively 347   345 Additional paid-in-capital 1,009,192   1,012,349 Accumulated deficit (708,613)  (695,699)Treasury stock, at cost (22,556)  (22,556)Total stockholders' equity 278,370   294,439 Total liabilities and stockholders' equity$846,729  $739,897      BARNES & NOBLE EDUCATION, INC. AND SUBSIDIARIES
Consolidated Statements of Cash Flow  (Unaudited)
(In thousands, except per share data)     13 weeks ended  August 1, 2026 August 2, 2025Cash flows from operating activities:    Net income (loss) $(12,914) $(18,271)Adjustments to reconcile net income (loss) to net cash flows from operating activities    Depreciation and amortization expense  8,151   9,185 Amortization of deferred financing costs  916   916 Deferred taxes  (149)  1,432 Stock-based compensation expense  1,084   2,536 Changes in operating lease right-of-use assets and liabilities  (6,121)  4,711 Changes in other long-term assets and liabilities and other, net  110   788 Changes in other operating assets and liabilities, net:    Receivables, net  (60,160)  (63,897)Merchandise inventories  (67,949)  (101,003)Textbook rental inventories  21,191   17,549 Prepaid expenses and other current assets  (9,077)  (14,990)Accounts payable and accrued liabilities  72,049   93,441 Changes in other operating assets and liabilities, net  (43,946)  (68,900)Net cash flows provided by (used in) operating activities  (52,869)  (67,603)Cash flows from investing activities:    Purchases of property and equipment  (3,529)  (3,736)Net cash flows provided by (used in) investing activities  (3,529)  (3,736)Cash flows from financing activities:    Proceeds from borrowings  150,100   163,300 Repayments of borrowings  (97,600)  (96,400)Dividends paid  (2,775)  — Payment of equity issuance costs  —   (1,900)Net cash flows provided by (used in) financing activities  49,725   65,000 Net (decrease) increase in cash, cash equivalents, and restricted cash  (6,673)  (6,339)Cash, cash equivalents, and restricted cash at beginning of year  28,219   28,723 Cash, cash equivalents, and restricted cash at end of year $21,546  $22,384      Supplemental cash flow information:    Cash paid during the period for:    Interest paid $1,664  $2,927 Income taxes paid (net of refunds) $255  $185     BARNES & NOBLE EDUCATION, INC. AND SUBSIDIARIES
Non-GAAP Information
(In thousands) (Unaudited)     13 weeks endedDollars in thousands August 1, 2026 August 2, 2025Net loss $(12,914) $(18,271)Reconciling items  (214)  2,487 Adjusted Net loss $(13,128) $(15,784)     Reconciling items    Stock-based compensation expense  1,084   2,536 Other (income) expense, net  (1,298)  (49)Reconciling items $(214) $2,487  Adjusted EBITDA 13 weeks endedDollars in thousands August 1, 2026 August 2, 2025Net loss $(12,914) $(18,271)Add:    Depreciation and amortization expense  8,151   9,185 Interest expense, net  2,718   3,745 Income tax benefit  (7,062)  (8,640)Other (income) expense, net(a)  (1,298)  (49)Stock-based compensation expense  1,084   2,536 Adjusted EBITDA $(9,321) $(11,494) (a)Other (income) expense is exclusive of Investigation Costs of $0.1 million and $1.5 million as of the 13 weeks ended August 1, 2026 and August 2, 2025, respectively.
Adjusted Free Cash Flow

  13 weeks endedDollars in thousands August 1, 2026 August 2, 2025Adjusted EBITDA $(9,321) $(11,494)Less:    Capital expenditures(a)  3,529   3,736 Cash interest paid  1,664   2,927 Cash taxes (refund) paid, net  255   185 Adjusted Free Cash Flow $(14,769) $(18,342) (a)Purchases of property and equipment are also referred to as capital expenditures. Our investing activities consist principally of capital expenditures for contractual capital investments associated with renewing existing contracts, new store construction, and enhancements to internal systems and our website. The following table provides the components of total purchases of property and equipment.   Capital Expenditures

  13 weeks endedDollars in thousands August 1, 2026 August 2, 2025Physical store capital expenditures $2,727 $2,201Product and system development  722  1,400Other  80  135Total Capital Expenditures $3,529 $3,736        Use of Non-GAAP Financial Information - Adjusted Net Income (Loss), Adjusted EBITDA and Adjusted Free Cash Flow                                           

To supplement the Company’s consolidated financial statements presented in accordance with generally accepted accounting principles (“GAAP”), the Company uses the financial measures of Adjusted Net Income (Loss), Adjusted EBITDA, and Adjusted Free Cash Flow, which are non-GAAP financial measures under Securities and Exchange Commission (the "SEC") regulations. We define Adjusted Net Income (Loss) as net income (loss) adjusted for certain reconciling items that are subtracted from or added to net income (loss). We define Adjusted EBITDA as net income (loss) plus (1) depreciation and amortization; (2) interest expense, net, (3) income taxes, (4) stock compensation, and (5) certain other non-cash or non-recurring items, and adjustments defined in the Company’s credit agreement. We define Adjusted Free Cash Flow as Cash Flows from Operating Activities less capital expenditures, cash interest and cash taxes.

These non-GAAP measures have been reconciled to the most comparable financial measures presented in accordance with GAAP as follows: the reconciliation of Adjusted Net Income (Loss) to net income (loss); the reconciliation of consolidated Adjusted EBITDA to consolidated net income (loss); and the reconciliation of Adjusted Free Cash Flow to Cash Flows from Operating Activities. All of the items included in the reconciliations are either (i) non-cash items or (ii) items that management does not consider in assessing our on-going operating performance.

These non-GAAP financial measures are not intended as substitutes for and should not be considered superior to measures of financial performance prepared in accordance with GAAP. In addition, the Company's use of these non-GAAP financial measures may be different from similarly named measures used by other companies, limiting their usefulness for comparison purposes.

We review these non-GAAP financial measures as internal measures to evaluate our performance at a consolidated level to manage our operations. We believe that these measures are useful performance measures which are used by us to facilitate a comparison of our on-going operating performance on a consistent basis from period-to-period. We believe that these non-GAAP financial measures provide for a more complete understanding of factors and trends affecting our business than measures under GAAP can provide alone, as they exclude certain items that management believes do not reflect the ordinary performance of our operations in a particular period. Our Board of Directors and management also use Adjusted EBITDA at a consolidated level as one of the primary methods for planning and forecasting expected performance, for evaluating on a quarterly and annual basis actual results against such expectations, and as a measure for performance incentive plans. We believe that the inclusion of Adjusted Net Income (Loss) and Adjusted EBITDA results provides investors useful and important information regarding our operating results, in a manner that is consistent with management’s evaluation of business performance. We believe that Adjusted Free Cash Flow provides useful additional information concerning cash flow available to meet future debt service obligations and working capital requirements and assists investors in their understanding of our operating profitability and liquidity as we manage the business to maximize margin and cash flow.

The Company urges investors to carefully review the GAAP financial information included as part of the Company’s Form 10-Q for the fiscal quarter ended August 1, 2026. We do not provide a reconciliation of forward-looking non-GAAP financial metrics, because reconciling information is not available without an unreasonable effort, such as attempting to make assumptions that cannot reasonably be made on a forward-looking basis to determine the corresponding GAAP metric.

SAN ANTONIO--(BUSINESS WIRE)--Valero Energy Corporation (NYSE: VLO) announced today that it will host a conference call on Thursday, October 22, 2026, at 10:00 a.m. ET to discuss its financial and operational results for the third quarter of 2026. The earnings release will be issued earlier that morning.A live webcast of the conference call will be available on Valero's Investor Relations website at investorvalero.com.About ValeroValero Energy Corporation, through its subsidiaries (collectively,.