Jefferies ponechala doporučení pro Fortinet (FTNT) na stupni „držet“. Klíčový bude výhled pro rok 2027, protože tržní konsenzus očekává růst tržeb z produktů jen o 9 %.
Jefferies has maintained a 'hold' rating on Fortinet Inc (NASDAQ:FTNT) arguing that its next earnings outlook will matter more than another strong quarter as investors assess whether product growth can endure into financial year 2027.
The broker expects product revenue growth of around 50% year on year in the third quarter, well above the 31% consensus forecast, supported by positive industry checks, pricing increases and accelerated firewall replacement activity.
However, Jefferies believes the fourth-quarter guidance and any initial framework for 2027 will be more important, as investors remain wary of a potential slowdown following several quarters of strong growth.
A survey of value-added resellers (VARs), which sell and support cybersecurity products, found the US cybersecurity company's average performance was 2.5% above plan, up from 2.3% in the previous quarter and ahead of the survey average of 1.5%.
The survey also found that 54% of respondents had observed customers bringing forward firewall purchases, supporting the broker's view that replacement demand could sustain momentum for another two to three quarters.
Jefferies expects fourth-quarter product revenue guidance to exceed the current consensus forecast of $772 million, representing annual growth of 11.7%, while leaving room for further outperformance.
The broker noted that the consensus forecast for 2027 implies product revenue growth of just 9%, with some investors questioning whether Fortinet can deliver any growth as comparisons become more demanding.
Management has previously outlined a framework for annual product revenue growth of 10% to 15%, while Jefferies believes the current replacement cycle could have further room to run.
Fortinet has recorded three quarters of product growth above 20% during the current cycle, compared with 10 quarters during the pandemic-era refresh cycle, suggesting that replacement demand may continue to support results.
Recent price increases should also provide a tailwind into the first quarter of 2027, with average selling prices potentially rising by more than 10% in the second half, although growth will increasingly depend on underlying demand as those increases feed through.
Jefferies also expects third-quarter billings, a measure of customer orders invoiced, to exceed expectations by a mid-to-high single-digit percentage, against guidance implying growth of 27% at the midpoint.
Investors will also watch current services billings, which Jefferies expects to accelerate from 16% annual growth in the second quarter, with growth above 20% still achievable as product sales generate follow-on service revenue.
Despite the positive near-term outlook, Jefferies warned that tougher comparisons could constrain further upside until Fortinet provides clearer evidence of sustainable growth in 2027.
The broker noted that Fortinet trades at 37 times the estimated calendar 2027 free cash flow, below Palo Alto Networks at 50 times and broadly in line with Zscaler at 36 times.
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Společnost Cintas v 1. čtvrtletí fiskálního roku 2027 zvýšila tržby o 10,9 % na 3,01 mld. USD a upravený zisk na akcii o 15,8 % na 1,39 USD; zároveň zvýšila celoroční výhled.
It has been about a month since the last earnings report for Cintas (CTAS - Free Report) . Shares have added about 13.3% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Cintas due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.
Cintas’ Q1 Earnings & Revenues Beat Estimates on Margin GainsCintas reported first-quarter fiscal 2027 adjusted earnings of $1.39 per share, which beat the Zacks Consensus Estimate of $1.35 by 3.0%. The bottom line increased 15.8% from the year-ago quarter. Revenues of $3.01 billion surpassed the consensus estimate of $2.97 billion by 1.6% and rose 10.9% year over year.
The top line benefited from 8.9% organic revenue growth, reflecting growth after adjusting for acquisitions, foreign currency movements and workday differences. Record gross and operating margins were other key highlights in the quarter.
Cintas' Segmental ResultsThe company has two reportable segments, Uniform Rental and Facility Services and First Aid and Safety Services. Other businesses are included in All Other. Quarterly sales data are briefly discussed below.
Cintas' Uniform Rental and Facility Services segment generated revenues of $2.29 billion, up 9.7% year over year from $2.09 billion. Segment operating income rose to $575.09 million from $499.94 million.
The First Aid and Safety Services segment delivered revenues of $388.52 million, increasing 16.1% from $334.66 million in the prior-year quarter. Operating income climbed to $99.54 million from $80.33 million.
Revenues from the All Other segment totaled $330.73 million, up 13.1% from $292.40 million a year ago. Segment operating income increased to $51.67 million from $37.60 million.
Margin ProfileCintas' cost of sales totaled $1.46 billion compared with $1.35 billion in the year-ago quarter. Gross margin increased 13.7% to $1.55 billion, while gross margin as a percentage of revenue expanded to 51.5% from 50.3%.
Selling and administrative expenses were $827.24 million, up 10.5% year over year. The company also incurred $14.41 million of transaction expenses related to the proposed UniFirst Corporation acquisition. Operating income rose 15.2% to $711.89 million.
Operating margin improved to 23.6% from 22.7% in the prior-year quarter. Net income increased 12.3% to $551.71 million, while net income margin was 18.3% compared with 18.1%. The effective tax rate increased to 20.0% from 17.6%.
Cintas' Cash Flow TrendsIn the first quarter of fiscal 2027, Cintas generated $572.33 million in net cash from operating activities, up from $414.48 million in the year-ago period. Capital expenditures totaled $107.53 million compared with $101.96 million a year earlier.
Free cash flow increased to $464.80 million from $312.52 million. Net cash used in investing activities was $117.37 million, reflecting capital expenditures, purchases of investments and business acquisitions.
During the quarter, the company repurchased common stock worth $315.71 million and paid $180.70 million in dividends. Net cash used in financing activities totaled $500.17 million.
Balance SheetCintas exited the quarter with cash and cash equivalents of $243.60 million compared with $289.02 million at the end of fiscal 2026. Accounts receivable increased to $1.59 billion from $1.56 billion, while inventories declined to $433.29 million from $446.44 million.
Total current assets were $3.93 billion compared with $3.85 billion at May 31, 2026. Long-term debt was $1.43 billion, while debt due within one year totaled $999.29 million. Total shareholders' equity increased to $5.20 billion from $5.14 billion.
Cintas' Fiscal 2027 OutlookFor fiscal 2027, the company raised its revenue guidance to $12.15-$12.27 billion from the prior projection of $12.10-$12.25 billion. Adjusted diluted earnings per share are now projected in the range of $5.45-$5.54, up from $5.36-$5.50 previously.
The guidance excludes expected impacts from the proposed UniFirst acquisition and assumes no future acquisitions and constant foreign exchange rates. Fiscal 2027 also has one more workday than fiscal 2026.
Cintas expects net interest expense of approximately $103.00 million compared with $101.20 million in fiscal 2026, with the increase primarily tied to amortization of bridge loan financing expenses related to UniFirst. The company projects an effective tax rate of 20.4% for fiscal 2027.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates revision.
VGM ScoresAt this time, Cintas has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. However, the stock has a score of F on the value side, putting it in the bottom 20% quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Cintas has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Corning před zveřejněním výsledků za třetí čtvrtletí očekává tržby ve výši 5 miliard USD a zisk 0,88 USD na akcii, a to díky poptávce po optických řešeních pro infrastrukturu AI.
Key Takeaways Corning expects Q3 sales of $5 billion and EPS of 88 cents, with its model predicting an earnings beat.AI infrastructure demand and deals with Amazon, NVIDIA and Verizon support Optical Communications growth.Solar profitability may improve as production resumes, while uneven consumer electronics pose challenges. Corning Incorporated (GLW - Free Report) is scheduled to report third-quarter 2026 earnings on Oct. 27, 2026. The Zacks Consensus Estimate for sales and earnings is pegged at $5 billion and 88 cents per share, respectively. Earnings estimates for GLW have increased 0.61% to $3.29 for 2026 and increased 0.47% to $4.3 for 2027 over the past 60 days.
GLW Estimate Trend
Image Source: Zacks Investment Research
Earnings Surprise HistoryThe advanced glass substrates producer has a solid trailing four-quarter earnings surprise history. It delivered a four-quarter earnings surprise of 1.75%, on average.
Image Source: Zacks Investment Research
Earnings WhispersOur proven model predicts a likely earnings beat for Corning for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. That is exactly the case here.
Corning currently has an ESP of +0.68% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factor Shaping Upcoming ResultsCorning’s Optical Communications business is expected to remain a key driver of its third-quarter 2026 performance. Growing investment in AI infrastructure and hyperscale data centers is boosting demand for optical fiber, cables and high-density connectivity solutions.
Multiyear agreements with Amazon and NVIDIA, along with Corning's previously announced partnership with Meta, provide further support for demand. The company's September agreement with Verizon to supply high-density optical fiber and connectivity solutions through 2032 also strengthens its long-term growth prospects.
Corning's Solar business is another important factor to watch as the company seeks to improve profitability following production-related disruptions. An extended maintenance shutdown and equipment upgrades at the wafer facility weighed on profitability during the second quarter. Management expects sales and profits to improve in the third quarter as production resumes and operational efficiency strengthens. However, performance across other businesses remains uneven. Demand trends in consumer electronics and automotive markets, along with higher memory prices affecting smartphones, could hinder growth in some of Corning's businesses.
Price PerformanceOver the past year, Corning has surged 41.8% compared with the industry’s growth of 100.8%. It has outperformed peers like Amphenol Corporation (APH - Free Report) but lagged Ciena Corporation (CIEN - Free Report) over this period. While Amphenol has gained 9.2%, Ciena has jumped 80.2%.
Image Source: Zacks Investment Research
Key Valuation MetricFrom a valuation standpoint, Corning appears discounted relative to the industry and is trading below its mean. Going by the price/earnings ratio, the company’s shares currently trade at 30.24 forward earnings, lower than 31.13 for the industry and higher than the stock’s mean of 26.57.
Image Source: Zacks Investment Research
Investment ConsiderationCorning is strengthening its position in the expanding AI infrastructure market through its optical connectivity portfolio and relationships with major technology companies. As data centers require greater bandwidth and more sophisticated networking capabilities, demand for optical fiber, cable and connectivity products could provide a significant growth opportunity. The company's planned expansion of U.S. manufacturing capacity and its investment in next-generation optical technologies further support its long-term prospects.
Under the upgraded Springboard plan, management aims to reach annualized sales run rates of $20 billion by the end of 2026, $30 billion by the end of 2028 and $40 billion by the end of 2030. However, these targets depend on successful execution and sustained customer demand.
The Solar business offers another potential source of growth as Corning expands its U.S. manufacturing capabilities across polysilicon, wafers and modules. A recovery in production efficiency could support improved segment profitability.
End NoteAI-driven demand for optical connectivity, long-term customer agreements and improving operating margins are major positives for Corning ahead of third-quarter results. The anticipated recovery in Solar profitability could provide an additional boost. Sustained improvement in its profitability and cash generation over the past few quarters is a tailwind. Hence, with a Zacks Rank #2, Corning appears to be a good investment option at present.
Systém společnosti FuelCell Energy získal v kapacitním hodnocení PJM pro období 2028/2029 rating 99,873 %, takže téměř celý jeho výkon může být uznán jako spolehlivá kapacita.
Key Takeaways FuelCell Energy's system earns a 99.873% capacity rating in PJM's 2028/2029 reliability assessment.PJM projects 32 GW of peak load growth by 2030, with about 30 GW expected from data centers.High capacity accreditation could raise eligible projects' revenue potential, subject to market outcomes.
FuelCell Energy, Inc. (FCEL - Free Report) has achieved a 99.873% capacity rating for its FuelCell Energy Block System in PJM Interconnection’s unit-specific Effective Load Carrying Capability (ELCC) assessment for the 2028/2029 Reliability Backstop Procurement process. The result highlights the potential reliability contribution of the company’s fuel cell technology as electricity demand rises, particularly from data centers and other large power consumers seeking dependable, on-site generation.
FuelCell Energy Secures Strong PJM Capacity AccreditationThe 99.873% rating indicates that PJM may recognize nearly all the evaluated system’s capacity as dependable under the applicable assessment. In practical terms, approximately 99.9 megawatts of every 100 megawatts evaluated could be counted as dependable capacity.
For comparison, PJM’s preliminary technology-class ratings for the same period recognize 96% of nuclear capacity, 93% of diesel utility or engine-based backup capacity and 67% of gas combustion turbine capacity. The assessment provides an important benchmark for customers evaluating the dependability of FuelCell Energy’s systems.
However, the rating applies specifically to the system evaluated for the 2028/2029 procurement process. It is not a technology-wide rating or a measure of operating uptime, and future assessments could differ.
Rising Data Center Demand Boosts Need for On-Site PowerGrowing electricity consumption from data centers is increasing pressure on power infrastructure and strengthening the need for dependable generation. PJM projects 32 gigawatts of peak load growth across its region between 2024 and 2030, with approximately 30 gigawatts expected to come from data centers.
Against this backdrop, large electricity users are increasingly considering generation solutions that can deliver power directly where it is needed. FuelCell Energy’s carbonate fuel cell technology provides continuous, on-site electricity generation, potentially helping data centers, industrial facilities and other large customers address their power requirements.
The company's latest capacity assessment could provide customers with an additional independent measure when evaluating on-site generation options.
Capacity Accreditation Could Support Market OpportunitiesThe strong accreditation also carries potential economic implications for FuelCell Energy and eligible projects using its systems within PJM. The grid operator uses ELCC assessments to evaluate the reliability contribution of power resources and convert installed capacity into accredited capacity.
A higher accredited capacity level may allow eligible projects to offer more capacity into PJM's capacity market, potentially increasing their revenue opportunities. However, actual participation and financial benefits remain subject to market requirements, procurement decisions and auction outcomes.
Future participation in the Reliability Backstop Procurement process would also depend on the applicable evaluation procedures. Following federal regulatory approval and delayed implementation of the procurement process, updated accreditation could be required using revised assumptions and study inputs.
FuelCell Energy emphasized that customers need to understand how much power they can depend on as they determine where and how quickly to expand. He noted that the assessment offers an independent measure of the platform's dependability and could have economic significance because accredited capacity influences the amount of generation that can potentially be monetized.
FuelCell Energy Targets Mission-Critical Power NeedsFuelCell Energy develops modular fuel cell systems designed to provide continuous, scalable baseload electricity for mission-critical applications. Its systems generate power at the point of use and serve data centers, industrial facilities, utilities and distributed-generation customers.
The 99.873% assessment result strengthens the company's case for consideration by customers seeking reliable on-site power amid rising electricity demand. It also highlights a potential avenue for eligible projects to participate in PJM's capacity market.
Nevertheless, the ultimate commercial benefit will depend on project eligibility, future accreditation assessments and applicable market outcomes. The latest result offers a positive reliability signal as FuelCell Energy seeks to address growing demand for dependable power solutions.
FCEL’s Zacks Rank & Key PicksFuelCell Energy is a clean energy company that develops and provides stationary fuel cell systems for on-site, continuous power generation. Currently, FCEL carries a Zacks Rank #3 (Hold).
Investors interested in the alternative energy sector may consider some top-ranked stocks like Montauk Renewables, Inc. (MNTK - Free Report) , Clearway Energy, Inc. (CWEN - Free Report) and Enlight Renewable Energy Ltd (ENLT - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Montauk Renewables is a fully integrated renewable energy company that specializes in the management, recovery and conversion of biogas into renewable energy. The Zacks Consensus Estimate for MNTK’s 2026 earnings indicates 1100% year-over-year growth.
Clearway Energy, along with its subsidiaries, owns and operates a diversified portfolio of contracted renewable and conventional generation in the United States. The Zacks Consensus Estimate for CWEN’s 2026 revenues indicates 17.6% year-over-year growth.
Enlight Renewable Energy provides a renewable energy platform that develops, finances, constructs, owns and operates renewable energy projects. The Zacks Consensus Estimate for ENLT’s 2026 revenues indicates 40.2% year-over-year growth.
Společnost FuelCell Energy čelí hromadné žalobě kvůli údajným zavádějícím tvrzením o výrobní kapacitě a smlouvě s Fit Energy. Po zveřejnění ztráty ve výši 45,3 mil. USD akcie FCEL během jediné seance klesly téměř o 16 %.
, /PRNewswire/ -- National trial law firm Hagens Berman alerts investors in FuelCell Energy, Inc. (NASDAQ: FCEL) that a securities class action has been filed, and reminds investors that they have until November 10, 2026, to seek appointment as lead plaintiff.
If you purchased or acquired FuelCell securities during the Class Period and suffered significant financial losses, submit your losses now.
Key Details
Class Period: June 24, 2026 – Sept. 1, 2026
Lead Plaintiff Deadline: Nov. 10, 2026
Visit: www.hbsslaw.com/fcel
Direct Contact Email: [email protected]
Firm Telephone: 844-916-0895
Video: https://youtu.be/GlhunVARgjo
What is the FuelCell Securities Class Action About?
The lawsuit focuses on whether FuelCell Energy and certain top executives—including CEO Jason B. Few and CFO Michael S. Bishop—violated the Securities Exchange Act of 1934 by making materially false and misleading statements regarding the company's manufacturing capacity, production economics, and a major commercial agreement.
Specifically, the action alleges that throughout the Class Period, defendants touted a high-profile Capital Equipment Purchase Agreement (CEPA) announced on June 24, 2026, under which FuelCell agreed to supply carbonate fuel cell block systems for up to 380 megawatts (MW) of clean, baseload on-site power for data centers to Fit Energy USA LP (beginning with an initial 30 MW phase). Concurrently, FuelCell capitalized on the market enthusiasm by completing a massive underwritten public offering of over 12 million shares of common stock at $21 per share, raising roughly $245.5 million in net proceeds.
However, the complaint alleges that defendants failed to disclose critical operational realities to investors:
That FuelCell's actual manufacturing capacity was wholly inadequate to generate the production rates required under the Fit Energy CEPA;
That the lagging production volume meant product costs and manufacturing overhead heavily exceeded the contractual pricing, locking the company into severe gross losses; and
That the company was tracking multi-million-dollar charges and inventory commitments tied to Phase 0 of the agreement that would decimate its quarterly profitability.
The truth emerged before the market opened on September 2, 2026, when FuelCell reported its fiscal third-quarter 2026 financial results. The company revealed a staggering net loss of $45.3 million and a massive jump in gross losses—driven by $17 million in charges recorded for Phase 0 of the Fit Energy CEPA because current product costs and overhead exceeded contract pricing.
Following these disclosures, the price of FuelCell stock plummeted nearly 16% in a single trading session, severely damaging shareholders.
What Can FuelCell Investors Do?
If you purchased FCEL securities between June 24, 2026, and September 1, 2026, you may be eligible to participate in the lawsuit as a lead plaintiff.
The Private Securities Litigation Reform Act of 1995 permits any investor who suffered financial losses to seek appointment as lead plaintiff. You do not need to sell your shares to join the class action.
Click Here To Submit Your Losses
Click Here to Discuss Your Legal Rights: Contact Hagens Berman attorneys to learn more about the case, the lead plaintiff timeline, and your options.
"We're focused on whether FuelCell may have misled investors about its manufacturing capabilities, as the suit alleges," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the claims in the pending suit.
Whistleblowers: Persons with non-public information regarding FuelCell should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
Medifast před zveřejněním výsledků za 3. čtvrtletí očekává tržby ve výši 68 milionů USD, což představuje meziroční pokles o 23,9 %, a ztrátu 0,40 USD na akcii.
Key Takeaways MED's Q3 revenues are expected to fall 23.9% to $68 million, with a projected loss of 40 cents per share.Growing GLP-1 adoption and a shrinking active coach base likely pressured MED's sales and client acquisition.MED's better client retention, coach training and Catalyst cost-saving efforts might have eased Q3 pressures.
Medifast, Inc. (MED - Free Report) prepares to unveil its third-quarter fiscal 2026 results on Oct. 26, before market open. Investors are eager to see if the company can beat market expectations.
The Zacks Consensus Estimate for revenues is pegged at $68 million, implying a 23.9% decline from the prior year. Meanwhile, the consensus mark for earnings has been unchanged at a loss of 40 cents per share in the past seven days. This indicates a substantial decline from the year-ago period’s loss of 21 cents per share. MED has a trailing four-quarter negative earnings surprise of 462.2%, on average.
Key Factors to Note for MED's Q3 EarningsMedifast is likely to have faced challenges from the growing adoption of GLP-1 medications, which have been reshaping demand across the traditional weight-loss market. The company has previously highlighted that this shift has been affecting client acquisition and coach participation. These industry dynamics, along with continued competition in the weight-management category, might have remained meaningful headwinds in the to-be-reported quarter.
The continued decline in Medifast's active earning coach base might have pressured quarterly revenues. The company has previously indicated that coach numbers are likely to remain under pressure despite improvements in productivity. A smaller coach network might have limited customer reach and sales opportunities, partly offsetting benefits from higher revenue per coach. These factors are likely to have constrained overall business performance in the third quarter.
Profitability is also likely to have remained under pressure due to lower sales volumes and reduced leverage on fixed operating costs. The company has previously noted that declining revenues might have affected its ability to absorb fixed expenses, resulting in gross margin pressure. These factors might have continued to weigh on earnings performance in the quarter, despite ongoing efforts to streamline operations and control expenses.
However, Medifast's strategic initiatives are likely to have provided some support during the quarter. The rollout of its Trilivy brand and new Reset Fuelings, alongside an enhanced coach compensation structure and training platform, might have supported coach engagement and productivity. Meanwhile, improving client retention trends and the company's Catalyst cost-saving program, focused on facility rationalization and AI-related efficiencies, might have helped mitigate some operating pressures.
What the Zacks Model Says About MEDOur proven model doesn’t conclusively predict an earnings beat for Medifast this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Medifast currently has a Zacks Rank #1 and an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With the Favorable CombinationHere are a few companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
Sysco Corporation (SYY - Free Report) currently has an Earnings ESP of +2.58% and a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Sysco’s upcoming quarter’s earnings per share is pegged at $1.16, which implies a 0.9% increase year over year. The consensus estimate for Sysco’s quarterly revenues is pegged at $22.19 billion, which indicates a surge of 4.9% from the figure reported in the prior-year quarter. SYY delivered a trailing four-quarter earnings surprise of around 1%, on average.
Freshpet, Inc. (FRPT - Free Report) currently has an Earnings ESP of +1.41% and a Zacks Rank of 3. The Zacks Consensus Estimate for Freshpet’s upcoming quarter’s EPS is pegged at 36 cents, implying a 21.7% decrease from the year-ago period.
The consensus mark for Freshpet’s quarterly revenues is pegged at $309.2 million, which indicates an increase of 7% from the prior-year quarter. FRPT delivered a trailing four-quarter earnings surprise of 21.9%, on average.
The Hershey Company (HSY - Free Report) currently has an Earnings ESP of +0.30% and a Zacks Rank of 3. The Zacks Consensus Estimate for Hershey’s upcoming quarter’s EPS is pegged at $2.12 per share, which implies a 63.1% increase year over year.
The consensus estimate for Hershey’s quarterly revenues is pegged at $3.25 billion, which calls for 2.3% growth from the figure reported in the prior-year quarter. HSY delivered a trailing four-quarter earnings surprise of 21.8%, on average.
Společnost Chipotle má ve třetím čtvrtletí vykázat tržby ve výši 3,29 miliardy USD, což představuje meziroční nárůst o 9,5 %, ale marže na úrovni restaurací má klesnout o 80 bazických bodů na 25 %.
Key Takeaways Chipotle to report Q3 results Oct. 28, 2026, with revenues expected to rise 9.5% to $3.29 billion.Menu innovation, digital rewards, restaurant expansion and pricing are expected to support sales growth.Higher beef, freight, wage and operating costs could pressure margins, projected to fall 80 bps to 25%.
Chipotle Mexican Grill, Inc. (CMG - Free Report) is scheduled to report third-quarter 2026 results on Oct. 28.
CMG’s earnings beat the Zacks Consensus Estimate in the trailing three out of four quarters and reported in line once, the average surprise being 2.7%.
Trend in the Estimate Revision of CMGThe Zacks Consensus Estimate for third-quarter earnings per share (EPS) is pegged at 29 cents, flat year over year.
For revenues, the consensus mark is pegged at $3.29 billion. The metric suggests a rise of 9.5% from the year-ago quarter’s figure.
Let us take a look at how things might have shaped up in the quarter to be reported.
Factors Likely to Shape CMG’s Quarterly ResultsChipotle’s third-quarter 2026 revenues are likely to have benefited from continued menu innovation, improved restaurant execution and efforts to strengthen customer engagement. The company’s Recipe for Growth strategy focuses on driving transaction growth through better food quality, generous portions, faster service and enhanced hospitality. The return of popular limited-time offerings and investments in high-efficiency kitchen equipment are expected to have supported customer traffic and repeat visits. However, softer restaurant industry trends and cautious consumer spending might have limited the extent of sales growth.
Menu innovation is likely to have remained an important revenue driver for Chipotle in the third quarter. The successful return of Chipotle Honey Chicken, along with sustained demand for Cilantro Lime Sauce, has helped attract new customers and encouraged existing guests to visit more frequently. The company has also been emphasizing high-protein offerings to capitalize on consumer interest in protein-rich meals.
Chipotle’s refreshed marketing strategy, including culturally relevant promotions and the Matchday BOGO campaign, has helped strengthen brand engagement. Further, the company's focus on communicating the quality of its ingredients and the value of the offerings might have supported customer acquisition and spending.
Chipotle’s digital initiatives and restaurant expansion are also likely to have contributed to third-quarter sales. The revamped Rewards program, personalized offers and Summer of Extras campaign are expected to have encouraged repeat purchases and improved customer frequency. Efforts to simplify loyalty enrollment and enhance digital ordering might have further strengthened engagement.
Meanwhile, the rollout of its high-efficiency equipment package (“HEEP”) has been improving kitchen productivity, order fulfillment and service speed, potentially allowing restaurants to serve more customers during peak periods. New restaurant openings, including locations equipped with Chipotlanes, are likely to have supported overall revenue growth. In addition, gradual menu price increases are expected to have provided a further lift to sales. Our model predicts Food and Beverage as well as Delivery Service revenues to increase 8.5% and 10.5% year over year.
Chipotle’s third-quarter 2026 bottom line is likely to have received support from higher menu prices, improved restaurant throughput and operating efficiencies associated with HEEP. Management expects pricing to contribute in the mid-2% range during the quarter, helping offset some inflationary pressure.
However, elevated beef, freight and other ingredient costs, along with wage inflation, might have weighed on restaurant-level margins. Higher marketing investments, insurance, maintenance and utility expenses are also likely to have pressured profitability. Management anticipated restaurant-level operating costs to remain elevated, with other operating costs expected in the mid-15% range.
Additionally, tougher year-over-year comparisons, consumer caution and the potential sales impact of the cyclospora-related industry concerns might have constrained operating leverage. Thus, although pricing and operational improvements might have provided some relief, persistent cost pressures are likely to have remained a challenge for margins.
Our model predicts third-quarter restaurant-level margins to decline 80 basis points year over year to 25%.
What Our Model Says About CMG StockOur proven model does not predict an earnings beat for Chipotle this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Earnings ESP for CMG: Chipotle has an Earnings ESP of -0.39%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Chipotle’s Zacks Rank: The company currently carries a Zacks Rank #3.
Stocks With the Favorable CombinationHere are some stocks from the Zacks Retail-Wholesale sector, which, according to our model, have the right combination of elements to post an earnings beat this reporting cycle.
Starbucks Corporation (SBUX - Free Report) currently has an Earnings ESP of +0.24% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
In the to-be-reported quarter, SBUX’s earnings are expected to increase 40.4% year over year. SBUX’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the average surprise being 8.4%.
Sweetgreen, Inc. (SG - Free Report) has an Earnings ESP of +4.26% and a Zacks Rank of 2 at present.
In the to-be-reported quarter, Sweetgreen’s earnings are expected to register a 3.7% year-over-year decline. SG’s earnings lagged estimates in each of the trailing four quarters, with the average miss being 43%.
Brinker International, Inc. (EAT - Free Report) currently has an Earnings ESP of +0.59% and a Zacks Rank of 3.
In the to-be-reported quarter, Brinker earnings are expected to register a 29% year-over-year increase. EAT’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 6.2%.
Key Takeaways PPL upgrades transmission and distribution networks to improve reliability and meet rising power demand.PPL plans to invest $23 billion through 2029, targeting 10.3% annual rate-base growth.
PPL's grid upgrades and data center pipeline support capacity expansion and earnings growth.
PPL Corporation (PPL - Free Report) is modernizing its transmission and distribution network to improve grid reliability, reduce outages and accommodate rising electricity demand. The company is making strategic infrastructure investments to support growing power needs and strengthen long-term system performance.
Recently, PPL subsidiary Rhode Island Energy announced an $8.2 million project in Middletown to replace 65 aging wooden transmission structures with steel monopoles. The project aims to improve grid reliability, extend the life of critical electric assets and reduce long-term maintenance requirements.
PPL unit PPL Electric Utilities was selected to receive up to $71.5 million in U.S. Department of Energy funding for its Montour Grid Resilience and Advanced Reconductoring Project. The initiative will modernize 29.3 miles of existing transmission lines using advanced conductors and grid-monitoring technology, enhancing transmission capacity and reliability while helping manage infrastructure investment costs.
The company plans to invest $23 billion through 2029, including $8 billion for transmission and $7.2 billion for distribution infrastructure. The program focuses on system hardening, smart-grid technology, automation and network expansion. PPL expects these investments to drive 10.3% average annual rate-base growth and support 6-8% annual earnings per share (EPS) growth through 2029.
Meanwhile, rising demand from the data center pipeline and economic development across PPL’s service territories create opportunities for additional electricity demand. Modernizing existing infrastructure can help accommodate this growth while improving operational efficiency.
Overall, PPL’s infrastructure upgrades and substantial capital spending support grid reliability, capacity expansion and long-term earnings growth.
Grid Upgrades Strengthen Utilities’ Growth ProspectsGrid modernization enables utilities to improve operational efficiency and ease transmission congestion. These upgrades support renewable integration, expand rate bases and strengthen long-term earnings growth prospects. PPL is not alone in prioritizing grid modernization, as other utilities are investing heavily to strengthen infrastructure and reliability.
FirstEnergy Corp. (FE - Free Report) Energize365 program focuses on transmission and distribution upgrades, backed by $36 billion in planned investments through 2030, including more than $19 billion for transmission.
Eversource Energy (ES - Free Report) continues investing in grid modernization, with $26.5 billion planned through 2030, including $7.24 billion for transmission and $11.24 billion for electric distribution.
The Zacks Rundown on PPLPPL’s Earnings EstimatesThe Zacks Consensus Estimate for 2026 and 2027 EPS indicates a year-over-year increase of 7.18% and 8.77%, respectively.
Image Source: Zacks Investment Research
Debt to CapitalPPL's debt-to-capital currently stands at 57.46%, lower than the Zacks Utility - Electric Power industry’s 62.33%.
Image Source: Zacks Investment Research
PPL’s Stock Price PerformanceIn the past month, the company’s shares have risen 9.1% compared with the industry’s 9% growth.
Akcie Inspire Medical Systems za poslední tři měsíce vzrostly o 47,8 % díky větší jasnosti ohledně úhrad a výsledkům za druhé čtvrtletí, kdy tržby dosáhly 200,6 milionu USD.
Key Takeaways INSP shares gain 47.8% in three months as reimbursement uncertainty eases and recovery prospects improve.Q2 revenues reached $200.6 million, beating expectations, while adjusted EPS of 14 cents topped estimates.Project Horizon targets $30 million in annualized savings, while new CPT codes support Inspire V adoption.
Shares of Inspire Medical Systems (INSP - Free Report) have gained 47.8% over the past three months compared with the industry’s 46.2% growth. The rally appears to reflect easing reimbursement uncertainty, better-than-expected second-quarter results, Project Horizon’s plan to redirect $30 million annually toward growth, and an October coding decision that improves the long-term outlook for Inspire V adoption. Near-term sales, however, remain disrupted.
Minneapolis, MN-based Inspire Medical is a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea (OSA). Its proprietary Inspire system is the first FDA-approved neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA.
INSP is also scheduled to report third-quarter results on Nov. 2. The company’s earnings per share (EPS) reflect a 48.8% year-over-year decline. Third-quarter sales are likely to decline 6.5% year over year.
Image Source: Zacks Investment Research
Here, we examine the key factors that likely boosted INSP’s share price over the past three months.
Coding Clarity and Reimbursement Rules Improve the OutlookThe hypoglossal nerve stimulation (HGNS) market faced disruption in early 2026 as coding confusion made hospitals and physicians more cautious about scheduling Inspire V procedures. In June, CMS proposed 2027 facility reimbursement of $35,414 for hospital outpatient procedures, up approximately 12%, and $31,722 for ambulatory surgery centers, up 15%. Proposed physician reimbursement, however, declined about 4% to $699, leaving the final payment outlook mixed.
By August, Inspire Medical said the relevant C-codes were in place and incorporated into the WISeR system in six applicable states. Prior-authorization submissions were also improving as high-volume centers gained billing experience.
Another significant milestone was achieved on Oct. 1, when the American Medical Association approved new Category I CPT codes specifically covering single-lead HGNS procedures, including Inspire V. Set to take effect on Jan. 1, 2028, these codes are expected to improve coding consistency, although CMS valuation is still pending. This development could ease administrative complexities and improve patient access across the category.
Second-Quarter Results Restore ConfidenceCoding and reimbursement disruption continued to weigh on sales, but the second-quarter results offered investors evidence that Inspire Medical was managing these headwinds better. Revenues declined 7.6% year over year to $200.6 million because of coding and reimbursement challenges, but exceeded expectations. Adjusted EPS of 14 cents also beat estimates, while operating cash flow improved to $23.2 million from $2.7 million a year earlier. Gross margin expanded 150 basis points to 85.5%, supported by a greater revenue contribution from the higher-margin Inspire V system.
Management also narrowed its estimated full-year revenue impact from coding and reimbursement disruption and WISeR to $120-$130 million. It revised its 2026 revenue outlook to $835-$875 million and set adjusted EPS guidance of $1.05-$1.45.
Although the results did not signal an immediate return to growth, the earnings beat, improving authorization trends and expectations of easing disruptions in the coming quarters provided greater clarity on the company's recovery prospects. These factors likely bolstered investor sentiment despite the year-over-year revenue decline.
Project Horizon Prioritizes Growth InvestmentsAlongside the results, Inspire Medical announced Project Horizon, a strategic plan expected to generate approximately $30 million in annualized capacity for reinvestment in growth initiatives. The plan combines organizational streamlining with supply-chain and production consolidation, directing resources toward patient access, education and engagement. Initiatives include prior-authorization support through SleepSync and Inspire Connect, which provide structured education and support following implantation.
Project Horizon involves $20-$25 million in pretax restructuring charges, with most actions expected to be completed by year-end. Management indicated that many patient-flow initiatives would contribute more meaningfully in 2027 and beyond. Investors may view the program as an opportunity to channel operational savings toward improving patient conversion and reviving demand, rather than relying solely on the normalization of reimbursement conditions.
Clinical Evidence Broadens the OpportunityIn June, Inspire presented complete results from its Inspire V trial, including safety and efficacy data for its accelerometer-based sensing technology. The company also highlighted research associating hypoglossal nerve stimulation with improved cardiovascular risk markers. Its PREDICTOR study suggested that some candidates could be screened for eligibility without drug-induced sleep endoscopy, potentially reducing diagnostic burden and time to treatment. Together, these findings may help physicians identify eligible patients more efficiently and reinforce the therapy’s broader clinical value.
Concerns for INSPDespite better coding clarity, reimbursement remains a material risk. Management estimated coding and reimbursement disruption and WISeR effects could reduce 2026 revenues by $120 million to $130 million, while the full-year revenue projection remains in the range of $835-$875 million.
The new CPT codes are not scheduled to take effect until 2028, while proposed CMS physician reimbursement rates for 2027 are lower. Moreover, Project Horizon is expected to incur restructuring charges of $20-$25 million, with the anticipated growth benefits likely to emerge gradually.
ConclusionINSP’s rally reflects growing investor confidence in the company’s ability to address coding-related challenges while redirecting operational savings toward improving patient access and expanding market penetration. The AMA’s approval of new CPT codes, coupled with better-than-expected earnings and supportive clinical evidence, strengthens its long-term recovery prospects. However, effective execution, final reimbursement rates and the pace of recovery in procedure volumes remain key factors to monitor.
Zacks Rank & Key PicksAlthough INSP currently carries a Zacks Rank #4 (Sell), the VGM score of B reflects potential. While INSP’s Value Score of C suggests a moderate valuation premium, its Growth and Momentum Scores of B indicate potential for sustained upward momentum. However, given the stock’s current Zacks Rank of Sell, investors may prefer to remain on the sidelines and await greater clarity on coding-related issues and revenue trends during the third-quarter earnings call before making an investment decision.
Some better-ranked stocks from the broader medical space are Glaukos (GKOS - Free Report) , Edward Lifesciences (EW - Free Report) and Globus Medical (GMED - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Glaukos reported second-quarter 2026 EPS of 14 cents, which beat the Zacks Consensus Estimate by 50.00%. Revenues of $186 million surpassed the Zacks Consensus Estimate by 24.1%.
Glaukos has an estimated earnings growth rate of 268.8% for 2027. GKOS’ earnings surpassed estimates in three of the trailing four quarters and missed once, the average surprise being 25.87%.
Edward Lifesciences reported second-quarter 2026 adjusted EPS of 78 cents, which beat the Zacks Consensus Estimate by 6.85%. Revenues of $1.74 billion surpassed the Zacks Consensus Estimate by 2.45%.
Edward Lifesciences has an estimated long-term earnings growth rate of 12.7%. EW’s earnings surpassed estimates in three of the trailing four quarters and missed once, the average surprise being 4.49%.
Globus Medical reported a second-quarter fiscal 2026 adjusted EPS of $1.34, which beat the Zacks Consensus Estimate by 19.6%. Revenues of $790 million missed the Zacks Consensus Estimate by 0.35%.
Globus Medical has an estimated long-term earnings growth rate of 12.4%. GMED’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 27.88%.
Od 7. ledna 2027 hrozí institucionálním investorům, kteří vlastní nejméně 350 domů pro jednu rodinu, za jejich zakázaný nákup pokuta až do výše vyšší z částek 1 milion USD nebo trojnásobek kupní ceny za každý zakázaný nákup.
A new federal rule threatens penalties that could dwarf the price of any single home purchase, and the two biggest single-family landlords in America just watched their stocks climb on the day it dropped.
Starting January 7, 2027, a company could face a civil penalty. If it controls at least 350 single-family homes, the penalty could reach the greater of $1 million or three times the purchase price for each prohibited purchase. The Treasury Department proposed rules on October 22, 2026, that put this ban from the 21st Century ROAD to Housing Act into practice.
Invitation Homes (NYSE:INVH) and American Homes 4 Rent (NYSE:AMH) both sit far above that line, and both stocks rose on October 22. Invitation Homes gained 2.69% to close at $27.53, while AMH gained 3.10% to $31.90. The 10-year Treasury yield fell sharply that day, and that explains the move better than the rule does.
Congress already decided on the ban itself. Treasury’s proposal only defines its edges, and those edges will shape how these two landlords grow.
What the Law Bans and What Treasury Proposed
Section 1001 became law on July 11, 2026. Beginning 180 days later, a large institutional investor “generally may not buy, or contract to buy,” a single-family home unless the deal counts as an “excepted purchase.”
Treasury described the proposal as the first phase of a “phased rulemaking approach.” Publication in the Federal Register is scheduled for October 23, 2026, and comments are due 30 days after that. Later phases may cover compliance, reporting, and enforcement, so political risk remains.
How the $1 Million Penalty Math Works
The maximum fine is $1 million or three times the purchase price, whichever is greater, which makes $1 million the floor of the maximum and, on pricier homes, the multiple sets the ceiling.
Treasury can sue a violator, or the Justice Department can sue at Treasury’s request. A single purchase involving several related investors, such as a fund, its manager and its general partner, counts as one violation. Penalties apply only to prohibited purchases made on or after January 7, 2027, and no company has been fined.
Exemptions That Still Let Large Landlords Buy Homes
A build-to-rent home qualifies under three conditions. Nobody has lived in it as an owner, the investor buys it within 18 months of its certificate of occupancy, and renters are its first occupants. The renovate-to-rent exemption requires the investor to spend at least 15% of the price on improvements, or 10% under a safe harbor for spending on structural or core systems.
Purchases from another large investor that owned the home at enactment, or bought it legally, also qualify, so big landlords can still trade grandfathered rentals with each other, and with fewer eligible buyers, existing portfolios could rise in value. Treasury declined to extend build-to-rent to older rentals because that reading “appears to be inconsistent with the statutory text and purpose.”
What It Means for Invitation Homes and AMH
As of June 30, 2026, Invitation Homes owned 85,509 homes outright, held 8,069 in joint ventures and managed 15,639 for other owners. In the second quarter, it sold 657 wholly owned homes, many to owner-occupants, and acquired 196.
A landlord that sells more homes than it buys has little exposure to a purchase ban, and the law does not restrict its sales to families. Dallas Tanner, chief executive at the time of the July 30, 2026 earnings call, said: “Grandfathered scattered-site assets have a premium in the context of the new legislation.”
AMH owned more than 61,000 single-family properties and grows mostly by building its own homes. Industrywide, buying by large investors has fallen 31.8% in 2026.
Key Dates and Risks Investors in Invitation Homes and AMH Should Track
With a market value of $16.32 billion, Invitation Homes owns a grandfathered portfolio that the law protects from new big-buyer competition. The stock also trades below the $32.83 average analyst target.
AMH, worth $13.08 billion, has the growth model that depends least on Treasury’s final definitions. Building new homes involves no purchase of an existing house.
Invitation Homes is expected to report around October 28, and AMH around November 4. The case for both landlords weakens. That could happen if the final rule narrows the investor-to-investor or renovate-to-rent exemptions, or if Invitation Homes closes below its 52-week low of $23.45.
Contact [email protected] for any questions or corrections.
Curaleaf zvýšil svou nepřátelskou nabídku na převzetí Aurora Cannabis na 1 USD v hotovosti a 0,4013 akcie CURLF za každou akcii ACB, ale představenstvo Aurory ji odmítlo jako podhodnocenou.
Key Takeaways CURLF raised its hostile Aurora bid to $1 cash and 0.4013 shares per share, but Aurora rejected it.Curaleaf's first-half 2026 revenues rose 8% to $664.3 million, while adjusted EBITDA margin fell to 20.6%.CURLF targets $35-$40 million in SG&A savings, but competition and pricing pressure remain key challenges.
Curaleaf Holdings (CURLF - Free Report) has added a new dimension to its growth strategy by pursuing a hostile takeover of Aurora Cannabis (ACB - Free Report) . While the proposed transaction could reshape Curaleaf's growth strategy, it also raises questions about deal execution, shareholder value and the potential implications for the company's existing business.
CURLF’s Bid Faces ResistanceCuraleaf formally launched its bid to acquire Aurora Cannabis in August, offering Aurora shareholders $0.75 in cash and 0.3463 CURLF shares for each ACB share. Based on Curaleaf’s share price before the announcement, the offer was worth approximately $4 per Aurora share, with the total value capped at $5 per share.
However, the bid was hostile from the beginning, as Curaleaf said Aurora had not responded meaningfully to its efforts to discuss a deal. ACB disputed the proposal’s merits, claiming it benefited Curaleaf more than its own shareholders. It also argued that the proposal undervalued its international medical cannabis operations and raised concerns about Curaleaf’s financial position.
At the beginning of October, Curaleaf improved its offer, raising the cash payment to $1 and the stock portion to 0.4013 CURLF shares per ACB share. The revised proposal increased the implied value to $5 per share and the maximum consideration to $6. Curaleaf also extended the offer deadline to Dec. 4, 2026.
Aurora’s board of directors rejected the revised offer last week, again arguing that it undervalued the company, while its special committee continues exploring other options. Curaleaf later criticized Aurora for refusing to share confidential information with it while allowing other potential buyers access. The takeover dispute remains unresolved.
With the takeover's outcome still uncertain, investors should also examine Curaleaf's broader business fundamentals, growth prospects and competitive position to determine if it remains worth considering.
CURLF’s Business Outlook Improves, Challenges RemainCuraleaf's business is showing signs of recovery, supported by improving U.S. operations, stronger wholesale demand and continued growth in international medical cannabis markets. It reported first-half 2026 revenues of $664.3 million, up 8% year over year. The company’s domestic business has returned to growth, while product innovation and retail expansion are helping strengthen its market position. Curaleaf continues to expand its presence, bringing its footprint to 80 locations in Florida and 190 nationwide. International revenues increased 30% from the prior-year period, highlighting the strength of Curaleaf's expanding presence in European medical cannabis markets.
Management also reported a 10% increase in retail transactions in the second quarter of 2026, which was partially offset by a roughly 4% decline in average unit retail pricing. These developments suggest that Curaleaf's growth is being supported by stronger customer traffic, although continued pricing pressure remains a challenge.
Margins, however, require closer attention. In the second quarter, Curaleaf's gross margin improved to 50%, up 70 basis points (bps) year over year, reflecting cultivation efficiencies, labor cost controls and a better product mix. Yet, adjusted EBITDA margin declined 120 bps to 20.6%. The company’s operating expenses also moved north, limiting the benefit of higher sales and improved gross margins. The key challenge is not only to maintain revenue growth but also to improve operating profitability.
To address the rise in expenses, management is targeting $35-$40 million in selling, general and administrative (SG&A) cost reductions over the next 12 months. Curaleaf also plans to increase the share of its international product supply sourced internally from approximately 20% to 50-75% over the next six to 12 months, aiming to reduce supply-chain volatility, improve European margins and lower inventory requirements.
If these initiatives deliver, they could improve profitability and cash generation. However, their success remains uncertain, particularly as international growth brings supply challenges and competitive pricing pressures persist.
Competition Remains IntenseCuraleaf faces competition from other multi-state cannabis operators that are expanding their retail presence and strengthening their branded-product businesses. Green Thumb Industries (GTBIF - Free Report) and TerrAscend (TSNDF - Free Report) are two notable competitors, with both pursuing expansion in markets where Curaleaf also operates.
Green Thumb has continued to expand its Florida retail network, bringing its footprint in the state to 26 locations and 120 stores nationwide. Its dispensaries offer brands such as RYTHM, Dogwalkers and &Shine, strengthening its retail reach and product distribution. As CURLF continues to expand its own Florida network, GTBIF’s growing presence could add to competition.
TerrAscend has also strengthened its presence in New Jersey by completing its acquisition of Aunt Mary's Dispensary last month. This retail store generates more than $10 million in annualized revenues, and TerrAscend expects the transaction to contribute immediately to EBITDA and free cash flow. The company also sees opportunities to improve the store's performance through its existing brand portfolio. This expansion increases TerrAscend's reach in a market where Curaleaf also competes, adding pressure on the latter to retain customers and defend its market position.
CURLF Stock Performance & EstimatesYear to date, shares of Curaleaf Holdings have risen 7% against the industry’s 18% decline.
Image Source: Zacks Investment Research
The bottom-line estimates for 2026 and 2027 have remained constant over the past 60 days.
Image Source: Zacks Investment Research
How to Play CURLF Stock Now?Curaleaf's improving revenue growth, expanding retail presence and international opportunities are encouraging. However, margin pressure and rising operating expenses remain concerns, while management still needs to demonstrate that its cost-saving initiatives can translate into stronger profitability. The proposed Aurora acquisition adds another layer of uncertainty, as the deal's outcome remains unclear and could have implications for Curaleaf's financial flexibility and growth strategy.
Meanwhile, competition could make it more challenging for Curaleaf to maintain its market position and pricing power. Given these mixed signals and its Zacks Rank #3 (Hold), investors may adopt a cautious approach until Curaleaf improves its operating performance and uncertainty surrounding the Aurora bid eases.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Verisk bude v transakci AccuLynx postupovat podle rozhodnutí Nejvyššího soudu státu Delaware, který potvrdil verdikt Court of Chancery. Transakce stále čeká na schválení FTC a splnění obvyklých podmínek pro uzavření a není zaručeno, že bude dokončena.
JERSEY CITY, N.J., Oct. 23, 2026 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading strategic data analytics and technology partner to the global insurance industry, today issued the following statement in response to the Delaware Supreme Court order regarding the AccuLynx transaction:
“We respect the Delaware Supreme Court’s order to affirm the judgment of the Delaware Chancery Court. We will proceed in accordance with the Court’s order. The transaction remains subject to the satisfaction of customary closing conditions and FTC review, and there is no guarantee that the transaction will be completed. We remain focused on serving as a strategic data and technology partner to the global insurance industry and continuing to deliver long-term value for our shareholders.”
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About Verisk
Verisk (Nasdaq: VRSK) is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, catastrophic events, sustainability and political issues. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk helps build global resilience for individuals, communities and businesses. With teams across more than 20 countries, Verisk consistently earns certification by Great Place to Work. For more, visit Verisk.com and the Verisk Newsroom.
Forward-Looking Statements
This release contains forward-looking statements. These statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “will,” “expect,” “intend,” “plan,” “target,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue” or the negative of these terms or other comparable terminology. You should not place undue reliance on forward-looking statements, because they involve known and unknown risks, uncertainties, and other factors that are, in some cases, beyond our control and that could materially affect actual results, levels of activity, performance or achievements.
Contact Data Investor Relations Stacey Brodbar Senior Vice President, Finance and Investor Relations Verisk 201-469-4327 [email protected] Media Alberto Canal Verisk Public Relations 201-469-2618 [email protected]
Key Takeaways Cadence expects Q3 revenues of $1.595-$1.625 billion and non-GAAP EPS of $2.01-$2.07, driven by AI demand.Growing adoption of agentic AI tools and robust demand across EDA, IP and SDA are likely to support growth.CDNS benefits from strong backlog, though macro uncertainty and U.S.-China tensions remain concerns. Cadence Design Systems, Inc. (CDNS - Free Report) will release results for the third quarter of 2026 on Oct. 26.
The Zacks Consensus Estimate for third-quarter earnings is $2.04 per share, unchanged in the past 60 days. The consensus mark implies a 5.7% increase from the year-ago actual. The Zacks Consensus Estimate for revenues is pinned at $1.61 billion, indicating a nearly 20.3% uptick from the year-ago actual.
Management expects revenues to be $1.595-$1.625 billion for the third quarter. The company reported sales of $1.339 billion in the year-ago quarter. Non-GAAP EPS is anticipated to be between $2.01 and $2.07. The company reported an EPS of $1.93 in the year-ago quarter.
Cadence has an impressive earnings surprise history. The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 4.94%.
Price Performance
Image Source: Zacks Investment Research
CDNS stock has lost 7% in the past six months against the Computer-Software industry’s growth of 16.6%. The S&P 500 composite and the Zacks Computer and Technology sector have risen 7.5% and 8.6%, respectively, in the same time frame.
Factors Shaping CDNS’ Q3 ResultsBroad-based momentum across electronic design automation (“EDA”), IP and System Design & Analysis (“SDA”), supported by sustained demand for its AI-oriented portfolio amid robust design activity and new system architectures across hyperscaler infrastructure and physical AI, remains the key catalyst.
The company had a backlog of $8.1 billion at the second quarter-end driven by bookings momentum, while revenues expected to be recognized over the following 12 months from remaining performance obligations totaled $4.2 billion. This provides substantial visibility into future business performance. Cadence’s ratable software model and high mix of recurring revenues are other positives.
AI has been driving a major transformation in semiconductor and system design and Cadence is deeply integrated into this shift. Design activity across several verticals, especially data centers, drones, robotics and automotive, has been robust due to AI, hyperscale computing and 5G. The focus on Generative AI, Agentic AI and Physical AI has been leading to an exponential increase in computing demand and semiconductor innovation.
Rising customer R&D investments in AI-driven automation have been creating a favorable demand environment for Cadence.
On the last earnings call, management cited agentic AI as a durable tailwind. Cadence expects agentic tools to drive higher EDA consumption and usage across its platform as customers run more simulations, verification and implementation cycles, thereby expanding the addressable market. Management highlighted “strong early traction” for its AI Super-Agent portfolio.
Cadence's agentic AI portfolio includes ChipStack, ViraStack, and InnoStack. In September, the company introduced an RTL Generation Agent for its ChipStack AI Super Agent. The expanded capabilities, expected to become available to select early-access customers in the fourth quarter, strengthen the company's longer-term AI-driven growth prospects.
The company has been collaborating with several tech giants, including Qualcomm and NVIDIA, on their next-generation AI designs across both training and inference. Expanding partnerships with Samsung, Taiwan Semiconductor Manufacturing, Intel and Arm Holdings, bodes well.
Cadence expanded its collaboration with TSMC in September, securing tool certification for advanced A14 design tools and introducing additional silicon-proven IP for N3P and N2P technologies. In October, Cadence collaborated with NVIDIA and launched Europe's first sovereign AI platform for semiconductor, system and AI factory design.
Nonetheless, ongoing uncertainty prevailing over global macroeconomic conditions, especially U.S.-China tech tensions, along with stiff competition in the EDA space and inflation, remains a concern ahead of the third-quarter earnings. Management expects third-quarter non-GAAP operating margin between 43.5% and 44.5%, compared with 47.6% in the prior-year quarter.
A Look at SegmentsCore EDA business (which constitutes Custom IC, Digital IC and Functional Verification businesses) is likely to have gained from demand for the new hardware systems, especially among AI, automotive and high-performance computing clients. Continued adoption of Cadence's digital full-flow solutions, including Tempus and Certus signoff technologies, is likely to have cushioned the segment’s performance.
The SDA division is likely to have gained from the increasing demand for BETA CAE solutions, PCB and advanced packaging solutions and the integration of Hexagon's Design and Engineering business. Growing adoption of the AuraStack AI Super Agent, which automates PCB and advanced packaging design workflows, could further strengthen the division's prospects.
The IP business has been gaining from an expanding silicon solutions portfolio and increasing demand for solutions in AI and HPC use cases. The company has been witnessing higher demand for its Star IP portfolio across AI and HPC applications, including HBM, PCIe, UCIe and LPDDR6.
Earnings Whispers for CDNSOur proven model predicts an earnings beat for Cadence this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is exactly the case here.
CDNS currently has a Zacks Rank #2 and an Earnings ESP of +0.91%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Other Stocks to ConsiderHere are a few other stocks that you may want to consider, as our model shows that these, too, have the right combination of elements to post an earnings beat this season.
Seagate Technology Holdings plc (STX - Free Report) has an Earnings ESP of +2.49% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
STX is scheduled to report quarterly figures on Oct. 27, 2026. The Zacks Consensus Estimate for Seagate Technology’s to-be-reported quarter’s earnings and revenues is pinned at $7.40 per share and $4.11 billion, respectively. Shares of Seagate Technology are up 162.8% in the past year.
Intel (INTC - Free Report) currently has an Earnings ESP of +2.22% and a Zacks Rank #2. INTC is scheduled to report quarterly earnings on Oct. 29, 2026. The Zacks Consensus Estimate for Intel’s to-be-reported quarter’s earnings and revenues stands at 39 cents per share and $16.44 billion, respectively. Shares of Intel have gained 123.4% in the past year.
Vertiv (VRT - Free Report) has an Earnings ESP of +0.89% and a Zacks Rank #2 at present. The company is scheduled to report quarterly figures on Oct. 28, 2026. The Zacks Consensus Estimate for Vertiv’s to-be-reported quarter’s earnings and revenues is pinned at $1.82 per share and $3.76 billion, respectively. Shares of Vertiv are up 5.2% in the past year.
Marvell očekává v příštím fiskálním čtvrtletí tržby ve výši 3,15 mld. USD, ale konkurence ze strany tchajwanských návrhářů čipů tlačí na marže zakázkových AI čipů.
Marvell booked a record number of AI design wins and secured a partnership worth billions with Google, yet a wave of Taiwanese chip designers is quietly undercutting the margins that make those wins valuable.
Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction) is a Hold at $223.47. Its AI growth outlook is still strong, but Taiwanese design houses are going after the same hyperscaler contracts.
Marvell is a fabless chip designer. It sells custom AI accelerators (XPUs), optical interconnect, and Ethernet switching to cloud giants. Its Data Center segment brought in $2.17B last quarter, which was 79% of revenue.
The stock is up 163.4% this year but has fallen 14.8% over the past month. That includes an 8.7% drop in the latest session. The selling began after an Investor Day where management raised its fiscal 2028 revenue outlook. Over the next five trading days, shares fell 17.2%.
Google’s $120 Billion Deal Powers the Upside Case
Second-quarter revenue came in at $2.739B, up 36.55%. Non-GAAP EPS of $0.94 beat the $0.9289 estimate. Guidance calls for $3.15B in revenue and $1.10 in EPS next quarter. Management expects the custom business to “more than double year over year in fiscal 2028 and accelerate significantly in fiscal 2029.”
Google expanded its partnership with Marvell and received a warrant to buy up to 7% of Marvell’s shares. On the earnings call, an analyst described the program as worth “$120 billion in cumulative revs over six years.” Management replied, “Your math is not wrong.” Non-GAAP operating margin should reach the 38% to 40% range in fiscal Q4. Against that growth, a PEG ratio of 1.387 looks reasonable.
Taiwan’s Chip Designers Are Coming at Marvell From Three Sides
MediaTek is the biggest threat. Under Google’s TPU v8 setup, Google designs the compute die and MediaTek supplies the I/O die. That split removes the 15%-20% markup charged under a turnkey model. Counterpoint Research projects that MediaTek will take 26% of AI ASIC server compute shipments by 2028, placing second behind Broadcom (NASDAQ:AVGO).
Alchip has long been seen as a contender for Marvell’s AWS XPU work, according to The Next Platform. SemiAnalysis notes that Trainium projects leave much less profit pool for design partners. Meanwhile, MediaTek, Global Unichip, and Alchip are escalating a funding war ahead of a hyperscaler ASIC production boom.
Price competition is starting to show in margins. Gross margin guidance of 57.5%-58.5% is below last quarter’s 58.9%, and management blamed the custom mix. The stock’s trailing earnings multiple is 81, with a beta of 2.26.
Record Guidance Meets an Unsettled Fight for Market Share
Management has raised guidance and booked a record number of design wins. That strength rules out a Sell. At the same time, the losing bid for Google’s compute die and the pressure on AWS margins rule out a Buy.
Two outside events could move the picture. Counterpoint’s forecast excludes a possible MediaTek win at Meta MTIA. MediaTek’s next TPU also relies on Intel packaging that faces execution risks.
Wall Street Sees 53% Upside After a Sharp Pullback
Marvell trades at $223.47. The consensus target of $341.63 implies 52.9% upside. Analyst targets are not guarantees. The shares sit 32.2% below their 52-week high of $329.73. Ratings from 46 analysts break down as follows:
Strong Buy: 8
Buy: 32
Hold: 6
Sell: 0
Over the past year, Marvell gained 176.18%, while the S&P 500 gained 14.41%. Over the past month, Marvell fell 14.8%, while the index slipped 1.21%. Forward P/E stands at 62.
Marvell Earns a Hold Until the Custom Ramp Shows Up
At $223.47, Marvell Technology is a Hold. The reasoning follows below.
Three things would support a Buy: fiscal Q3 revenue at or above the $3.15B midpoint, clear custom acceleration, and operating margin reaching the 38% range in Q4. Three things would support a Sell: AWS shifting orders toward Alchip, MediaTek winning Meta, or gross margin falling below guidance.
Waiting has a cost if the stock rebounds toward the target. Acting too early carries more risk, since a beta above 2 can produce deeper declines. Each quarter, investors should track custom revenue, gross margin, and any hyperscaler supplier changes.
Marvell’s growth is real, but Taiwan’s cheaper design model is still competing for those same contracts, and the next two earnings reports should show which side is winning.
Contact [email protected] for any questions or corrections.
Společnost Paychex v 1. čtvrtletí fiskálního roku 2027 zvýšila upravený zisk na akcii o 9,8 % na 1,34 USD a tržby o 5,9 % na 1,63 mld. USD, čímž překonala odhady.
It has been about a month since the last earnings report for Paychex (PAYX - Free Report) . Shares have added about 17% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Paychex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers.
Paychex's Q1 Earnings Beat EstimatesPaychex has reported an impressive first quarter of fiscal 2027, wherein earnings and revenues beat the Zacks Consensus Estimate.
PAYX has registered adjusted earnings of $1.34 per share, rising 9.8% year over year and beating the Zacks Consensus Estimate of $1.33 by a slight margin. Total revenues rose 5.9% to $1.63 billion, topping the consensus mark of $1.62 billion by a small margin.
The quarter benefited from higher revenue per client, stronger PEO worksite employee growth and increased PEO insurance volumes. PEO and Insurance Solutions remained the standout growth area, while the adjusted operating margin also expanded from the year-ago period.
PAYX's Management Solutions Revenues Rise 4%Management Solutions revenues increased 4% year over year to $1.21 billion in the fiscal first quarter. Growth was driven by higher revenues per client, reflecting price realization and greater product penetration.
The business remained Paychex's largest revenue contributor. Total service revenues advanced 6% year over year to $1.58 billion, supported by growth across Management Solutions and PEO and Insurance Solutions.
Paychex's PEO & Insurance Revenues Jump 12%Professional Employer Organization and Insurance Solutions revenues climbed 12% year over year to $367.6 million. Growth primarily reflected an increase in average PEO worksite employees and higher PEO insurance volumes.
Interest on funds held for clients increased 5% year over year to $49.8 million, aided by higher average interest rates. The improvement provided another source of revenue growth, alongside the company's payroll, human resources and benefit offerings.
PAYX's Margin Expansion Supports Profit GrowthTotal expenses increased 1% year over year to $1.01 billion, slower than revenue growth. Cost of service revenues rose 4% to $430.1 million, while selling, general and administrative expenses declined 1% to $581.2 million.
Operating income increased 14% to $619.2 million, lifting the operating margin to 38% from 35.2%. Adjusted operating income rose 9% to $684.7 million, while the adjusted operating margin improved to 42% from 40.7%.
Paychex's Net Income Rises as Acquisition Costs EaseNet income advanced 12% year over year to $429.7 million, while GAAP earnings increased 14% to $1.21 per share. Adjusted net income grew 9% to $479.2 million.
Acquisition-related costs declined to $65.5 million from $84.8 million a year earlier. The latest-quarter amount included $56.9 million of amortization tied to the Paycor acquisition, $8.5 million of acquisition and integration compensation costs, and $0.1 million of other acquisition-related costs.
PAYX's Cash Flow & Balance Sheet Stay in FocusCash flow from operations declined 42.4% year over year to $413.5 million. Paychex paid out $424.1 million in dividends, or $1.19 per share, during the fiscal first quarter.
As of Aug. 31, 2026, cash, restricted cash and total corporate investments stood at $1 billion. Long-term borrowings, net of debt issuance costs, were $4.6 billion, while total assets were $15.66 billion.
Paychex Advances WISE AI CapabilitiesPAYX continued to expand its WISE artificial intelligence platform and launched WISE Hire, an agentic recruiting solution. The company is embedding AI-enabled automation and insights across its human capital management platforms to support productivity and client outcomes.
Management also highlighted efforts to make WISE capabilities available within Microsoft business applications, wherein clients already work. The company views the broader deployment as part of its strategy to combine technology with advisory expertise across payroll, human resources and benefits.
PAYX Raises PEO & Client Funds OutlookFor fiscal 2027, Paychex continues to expect total revenue growth of 5-6% and Management Solutions revenue growth of 5-6%. It also maintained its adjusted operating margin forecast of about 44% and adjusted earnings growth outlook of 7-9%.
Management raised its PEO and Insurance Solutions revenue growth forecast to 7-8% from 6-7%. Interest on funds held for clients is expected to be $200-$210 million, up from the prior mentioned $195-$205 million. The effective income tax rate forecast remains about 24%.
Adjusted earnings of 99 cents per share beat the Zacks Consensus Estimate by 4.2% and increased 8.8% on a year-over-year basis. Total revenues of $1.2 billion also beat the Zacks Consensus Estimate by 0.5% and increased 7.4% year over year.
Revenues in Detail
Revenues from Management Solutions segment increased 8% year over year to $895.3 million. The segment benefited from growth in the number of client employees served for human capital management (HCM) and additional worksite employees for HR Solutions. Also, improved revenue per client on price realization and higher product penetration, strong demand for HR Solutions, retirement, time and attendance solutions and expansion of HCM ancillary services acted as tailwinds.
Professional employer organization (“PEO”) and Insurance Solutions’ revenues were $273.3 million, up 4% from the year-ago quarter’s level. The uptick was owing to growth in the number of average worksite employees. Interest on funds held for clients increased 54% year over year to $21.7 million.
Operating Performance
Operating income increased 7% year over year to $472.3 million. EBITDA of $518.6 million increased 4.7% year over year.
Balance Sheet & Cash Flow
Paychex exited second-quarter fiscal 2022 with cash and cash equivalents of $1.1 billion compared with $1.18 billion reported at the end of the prior quarter. Long-term debt was $797.9 million compared with $797.8 million in the prior quarter. Cash provided by operating activities was $321.6 million in the reported quarter. During the reported quarter, PAYX paid out $284.7 million as dividends.
Fiscal 2023 View Tweaked
Paychex upped its adjusted earnings per share view with respect to year-over-year growth for fiscal 2023. Adjusted EPS is now expected to register 12-14% growth compared with the prior expectation of 11-12% growth. PAYX continues to expect total revenues to register 8% (prior view: 7-8%) growth. Management Solutions’ revenues are expected to grow 7-8% (prior view: 5-7%). PEO and Insurance Solutions’ revenues are expected to grow 5-7% (prior view: 8-10%).
How Have Estimates Been Moving Since Then?It turns out, estimates review have trended downward during the past month.
VGM ScoresAt this time, Paychex has a subpar Growth Score of D, a score with the same score on the momentum front. Charting a somewhat similar path, the stock has a grade of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Paychex has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Společnost New Jersey Resources (NJR) má ESP zisku ve výši +2,85 % a Zacks Rank #3; v posledních dvou čtvrtletích překonala odhady zisku v průměru o 49,87 %.
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? New Jersey Resources (NJR - Free Report) , which belongs to the Zacks Utility - Gas Distribution industry, could be a great candidate to consider.
This energy services holding company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 49.87%.
For the last reported quarter, New Jersey Resources came out with earnings of $0.11 per share versus the Zacks Consensus Estimate of $0.06 per share, representing a surprise of 83.33%. For the previous quarter, the company was expected to post earnings of $1.89 per share and it actually produced earnings of $2.2 per share, delivering a surprise of 16.40%.
Price and EPS Surprise
With this earnings history in mind, recent estimates have been moving higher for New Jersey Resources. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
New Jersey Resources currently has an Earnings ESP of +2.85%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner.
Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.
Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Paylocity v posledním čtvrtletí překonala konsenzuální odhad zisku na akcii o 19,48 %; ukazatel Earnings ESP ve výši +2,07 % naznačuje možnost dalšího překonání odhadů.
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Paylocity (PCTY - Free Report) , which belongs to the Zacks Internet - Software industry, could be a great candidate to consider.
When looking at the last two reports, this provider of cloud-based payroll and human-resources software services has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 19.21%, on average, in the last two quarters.
For the last reported quarter, Paylocity came out with earnings of $1.84 per share versus the Zacks Consensus Estimate of $1.54 per share, representing a surprise of 19.48%. For the previous quarter, the company was expected to post earnings of $2.43 per share and it actually produced earnings of $2.89 per share, delivering a surprise of 18.93%.
Price and EPS Surprise
With this earnings history in mind, recent estimates have been moving higher for Paylocity. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Paylocity has an Earnings ESP of +2.07% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on November 5, 2026.
With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Dominion Energy (D - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis energy company is expected to post quarterly earnings of $1.19 per share in its upcoming report, which represents a year-over-year change of +12.3%.
Revenues are expected to be $4.78 billion, up 5.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Dominion Energy?For Dominion Energy, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.29%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Dominion Energy will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Dominion Energy would post earnings of $0.73 per share when it actually produced earnings of $0.79, delivering a surprise of +8.22%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Dominion Energy appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Utility - Electric Power industry, WEC Energy Group (WEC - Free Report) , is soon expected to post earnings of $0.95 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +14.5%. This quarter's revenue is expected to be $2.23 billion, up 6% from the year-ago quarter.
The consensus EPS estimate for WEC Energy has been revised 2.4% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +2.89%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that WEC Energy will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Key Takeaways F5 forecasts Q4 fiscal 2026 revenues of $870-$890 million, suggesting top-line growth of 9%.Systems demand may benefit from data center expansion, AI workloads and infrastructure modernization.F5's Earnings ESP of 0.00% and Zacks Rank #3 do not signal a likely earnings beat under its model.
F5 Inc. (FFIV - Free Report) is scheduled to report fourth-quarter fiscal 2026 results on Oct. 27, after market close.
For the fourth quarter of fiscal 2026, F5 projects non-GAAP earnings per share (EPS) in the range of $4.14-$4.26 (midpoint of $4.20). The Zacks Consensus Estimate for the same is pegged at $4.24, suggesting a year-over-year decline of 3.2%. The figure has remained unchanged for the past 60 days.
FFIV’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average earnings surprise of 16.09%.
FFIV projects its fourth-quarter fiscal 2026 non-GAAP revenues in the range of $870-$890 million. The Zacks Consensus Estimate for the same is pegged at $884.4 million, suggesting year-over-year growth of 9.2%.
Factors to Consider for F5 StockF5’s performance in the fiscal fourth quarter is likely to have benefited from sustained demand for its application delivery and security solutions as enterprises continue to modernize their IT infrastructure and adopt hybrid and multi-cloud architectures. The rising need to distribute workloads across on-premises data centers and cloud environments is expected to support demand for F5’s flexible application delivery offerings. Increasing AI adoption and the need to manage data-intensive workloads could further strengthen this trend.
Demand for F5’s Systems products is expected to have remained a key contributor to product performance in the to-be-reported quarter. Customers are increasingly investing in higher-performance infrastructure to support expanding data-center capacity, improve application availability and prepare their environments for AI workloads. Ongoing infrastructure modernization, workload repatriation and platform consolidation initiatives are likely to have supported demand for the company’s BIG-IP offerings. However, the sustainability of hardware demand beyond customer refresh cycles remains an important factor to watch.
The Software segment is likely to have benefited from continued traction in subscription-based offerings, including BIG-IP and NGINX. Enterprises seeking to improve application performance, automate network operations and strengthen security across distributed environments are expected to have favored integrated solutions that offer flexibility and lower operational complexity. F5’s transition toward subscription-based software could support recurring revenue generation and improve revenue visibility over time. However, the pace of software growth might have remained uneven, depending on renewal timing, customer spending priorities and the adoption of new offerings.
Growing demand for application security solutions is also expected to have supported F5’s performance. As enterprises expand their use of cloud applications, APIs and AI-powered tools, the need to protect applications against automated attacks, fraud and emerging security threats is likely to increase. F5’s Distributed Cloud Services and AI Security Platform offerings could help the company capitalize on these requirements. Recent product enhancements and partnerships aimed at securing AI applications, models and agents are expected to broaden its opportunities as organizations seek greater visibility and control over enterprise AI deployments.
Nevertheless, slower growth in perpetual software licenses and cautious enterprise IT spending amid macroeconomic uncertainty could have limited the overall pace of expansion. Higher memory and storage costs, supply-chain pressures and competitive pricing could also weigh on Systems demand and profitability. In addition, acquisition integration requirements and lingering costs associated with the previously disclosed cyber incident may remain sources of execution risk. While recurring software revenues and demand for application security are likely to have provided support, these headwinds might have tempered the benefits from F5’s expanding cloud and AI opportunities.
What Our Model SaysOur proven model does not conclusively predict an earnings beat for F5 this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here.
F5 has an Earnings ESP of 0.00% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With Favorable CombinationHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Cadence Design Systems (CDNS - Free Report) , Seagate Technology (STX - Free Report) and Amphenol (APH - Free Report) are some stocks with favorable combinations.
Cadence Design Systems has an Earnings ESP of +0.91% and carries a Zacks Rank #2 at present. CDNS is slated to report its third-quarter 2026 results on Oct. 26. You can see the complete list of today’s Zacks #1 Rank stocks here.
Seagate Technology has an Earnings ESP of +2.49% and sports a Zacks Rank #1 at present. Seagate Technology is set to report its first-quarter fiscal 2027 results on Oct. 27.
Amphenol has an Earnings ESP of +1.72% and a Zacks Rank #2 at present. Amphenol is set to report its third-quarter 2026 results on Oct. 28.
Akcie společnosti Winnebago tento týden vzrostly o 16 % poté, co upravený zisk na akcii za fiskální čtvrté čtvrtletí dosáhl 0,49 USD a překonal očekávání ve výši 0,47 USD.
Fiscal fourth-quarter adjusted earnings that beat consensus estimates, alongside a multi-year cost-cutting plan, sent Winnebago Industries (WGO -2.06%) soaring 16% this week.
Winnebago Industries stock changed hands at $27.35 as of Friday morning, up 16% this week from last Friday's close. Over the same period, the S&P 500 (^GSPC -0.30%) was down 0.5%, and the Nasdaq-100 was down 0.8%.
Image source: Winnebago.
Cost cuts and fiscal 2027 guidance lift Winnebago stockThe recreational vehicle maker reported fiscal fourth-quarter revenue of $645.1 million, a 17% year-over-year decline, reflecting soft consumer demand across the outdoor recreation market. Despite top-line pressure, adjusted earnings per share (EPS) of $0.49 topped consensus estimates of $0.47. To protect profitability in a sluggish market, management announced a reduction in manufacturing capacity and outlined plans to generate $70 million to $80 million in cumulative gross cost savings through fiscal 2029.
Winnebago Industries manufactures recreational vehicles, motorhomes, travel trailers, and premium boats, which are sold through a network of independent dealers to outdoor enthusiasts. Beyond its flagship RV models, the company operates premium marine brands like Chris-Craft and Barletta, as well as an expanding aftermarket parts business. By consolidating towable RV production into lower-cost sites, management aims to preserve margins even if retail sales volumes stay muted across North America.
Looking ahead, management issued fiscal 2027 guidance, expecting adjusted EPS between $1.65 and $2.25 and revenue between $2.65 billion and $2.80 billion. The projected earnings growth at the midpoint depends primarily on internal efficiency gains, site consolidations, and cost discipline rather than an immediate rebound in retail RV shipments. This week's guidance and cost-cutting plan shifts the thesis from enduring cyclical RV weakness to benefiting from operational efficiency and margin expansion.
What's next for Winnebago IndustriesInvestors will be watching whether dealer destocking eases and whether cost reductions begin to trickle down to operating margins when Winnebago Industries reports fiscal 2027 first-quarter results, expected in late December. The stock trades at a trailing price-to-earnings (P/E) ratio of 22.6 on its $780 million market capitalization, a valuation that assumes management can deliver on its promised efficiency gains while preserving market share. While the company held $181.4 million in cash and short-term investments as of Aug. 29, 2026, relatively high debt and elevated dealer inventory risks remain key headwinds if broader consumer spending contracts further.
$27.98-$0.59 (-2.06%)
NYSE · As of 12:56 PM ET 10/23/26
Is Winnebago Industries Stock a Buy?Winnebago is operating in a tough environment. Consumer spending is tight, and elevated fuel prices are another headwind. The company is navigating it through operational efficiencies and cost reductions.
Fiscal 2027 guidance targets adjusted EPS between $1.65 and $2.25, signaling a partial operational earnings recovery. Cash flow provided by operations in fiscal Q4 was $142.5 million. With the stock declining by over 30% year to date, the dividend yield now sits above 5%. That payment should be covered by operating cash flow, however. The company increased the dividend by 3% in August, but it still only amounts to about $41 million per year.
An ongoing decline in sales could change that, though. The stock jump this week signals investors see signs of a recovery in the business. While business risks remain, Winnebago stock could be a good place for value investors to allocate funds now.
RBC Bearings očekává za čtvrtletí zisk 3,55 USD na akcii, což představuje meziroční nárůst o 23,3 %, a tržby ve výši 516,18 milionu USD, meziročně vyšší o 13,4 %.
The market expects RBC Bearings (RBC - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 30. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis maker of bearings and components is expected to post quarterly earnings of $3.55 per share in its upcoming report, which represents a year-over-year change of +23.3%.
Revenues are expected to be $516.18 million, up 13.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.06% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for RBC Bearings?For RBC Bearings, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.22%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that RBC Bearings will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that RBC Bearings would post earnings of $3.42 per share when it actually produced earnings of $3.88, delivering a surprise of +13.45%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
RBC Bearings doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Manufacturing - General Industrial industry, Ingersoll Rand (IR - Free Report) , is soon expected to post earnings of $0.89 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +3.5%. This quarter's revenue is expected to be $2.04 billion, up 4.5% from the year-ago quarter.
The consensus EPS estimate for Ingersoll has been revised 0.3% lower over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.28%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Ingersoll will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Proti společnosti Duolingo (DUOL) byla podána hromadná žaloba kvůli údajnému zatajování dopadu vyššího podílu reklamy, upsellu a obsahu vytvořeného AI na růst počtu denně aktivních uživatelů.
New York, New York--(Newsfile Corp. - October 23, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Duolingo, Inc. (NASDAQ: DUOL) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Duolingo securities between May 2, 2025 and February 26, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/cases/duolingo-inc-duol-class_action_lawsuit.
Duolingo Case Details
The Complaint alleges that throughout the Class Period, Defendants failed to disclose that:
Daily Active User ("DAU") growth rates were being leveraged against deliberately added user friction in the form of significant increases in ad volume, subscription tier upsells, and worsened product quality, and Duolingo understood that any amount of user friction would cause users to leave the app and, ultimately, negatively impact DAU growth rates; the Company's rigorous A/B testing demonstrated that increased friction in the free user experience was having negative impacts on DAU growth rates; Duolingo's quickly generated AI content was worsening the quality of the Company's product offerings, negatively impacting the user experience and user trends, and threatening the sustainability of the Company's financial performance; and Duolingo's constant A/B testing informed the Company that its monetization push and lower-quality, rapidly generated AI content were degrading the Duolingo product experience and the value proposition of its subscription tiers.What's Next for Duolingo Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/cases/duolingo-inc-duol-class_action_lawsuit, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Duolingo you have until December 7, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Duolingo Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Duolingo Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318254
Source: Bronstein, Gewirtz & Grossman, LLC
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It has been about a month since the last earnings report for H. B. Fuller (FUL - Free Report) . Shares have added about 1.8% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is H. B. Fuller due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for H. B. Fuller Company before we dive into how investors and analysts have reacted as of late.
H.B. Fuller’s Q3 Earnings Beat Estimates on Pricing & Margin GainsH.B. Fuller reported adjusted earnings of $1.52 per share for the third quarter of fiscal 2026, up 21% from $1.26 a year ago. Earnings surpassed the Zacks Consensus Estimate of $1.45 by 4.8%.
Net revenues rose 5.2% year over year to $938.2 million, beating the Zacks Consensus Estimate of $934.2 million by 0.4%. Results benefited from pricing execution and restructuring savings, which supported profitability despite softer volumes. Organic revenues increased 4.4%, while adjusted EBITDA grew 9% year over year.
Organic revenue growth reflected a 7.4% contribution from pricing, which more than offset a 3% decline in volumes. Foreign currency translation contributed 0.7% to revenue growth, while acquisitions added 0.1%.
The company's pricing initiatives helped counter higher raw material costs and weaker demand. All three global business units recorded positive organic revenue growth, highlighting the benefits of pricing execution across its portfolio.
Margins Expand on Cost SavingsGross profit totaled $311.7 million compared with $285.1 million in the year-ago quarter. Adjusted gross profit increased to $314.6 million from $288.4 million. Adjusted gross margin expanded 120 basis points (bps) year over year to 33.5%, primarily reflecting favorable pricing and restructuring savings.
Selling, general and administrative expenses increased to $198.5 million from $175 million a year earlier. Adjusted expenses were $183 million, up 8% year over year but down 7% sequentially due to expense timing.
Adjusted EBITDA reached $186.7 million compared with $170.6 million in the prior-year quarter. Adjusted EBITDA margin expanded 80 bps to a record 19.9%, reflecting improved operating leverage and continued benefits from the Quantum Leap restructuring program.
Hygiene and Building Segments Post GainsThe Hygiene, Health and Consumable Adhesives segment generated revenues of $413 million, up 7% year over year. Organic revenues grew 6.4%. Adjusted EBITDA increased to $72.8 million from $65.3 million, while the adjusted EBITDA margin improved 70 bps to 17.6%.
Building Adhesive Solutions recorded revenues of $246.5 million, up 5.5% year over year, with organic growth of 5.2%. Adjusted EBITDA increased to $44.8 million from $41.5 million. The segment's adjusted EBITDA margin expanded 50 bps to 18.2%, contributing to the company's broader profitability improvement.
Engineering Business Shows GrowthEngineering Adhesives generated revenues of $278.7 million compared with $272.3 million in the year-ago quarter, representing growth of 2.4%. Organic revenues increased 0.7%, while favorable foreign currency translation contributed 1.3% and acquisitions added 0.4%.
Adjusted EBITDA rose to $66.4 million from $63.4 million a year earlier. Adjusted EBITDA margin improved 50 bps to 23.8%, making Engineering Adhesives the company's highest-margin business unit. The segment delivered improved profitability despite relatively modest organic revenue growth.
Cash Flow Rises, Leverage ImprovesCash flow from operating activities totaled $182.6 million for the first nine months of fiscal 2026, up 17% from $156.8 million in the comparable prior-year period. Capital expenditures totaled $141.7 million, while share repurchases amounted to $48.9 million.
The company exited the quarter with cash and cash equivalents of $97.2 million and total debt of $2.05 billion. Net debt stood at $1.96 billion, roughly flat year over year. Net debt-to-adjusted EBITDA improved to 3 times from 3.3 times a year earlier.
Fiscal 2026 OutlookH.B. Fuller continues to expect fiscal 2026 net revenues to grow at a mid-single-digit rate, with organic revenues increasing at a low-single-digit rate. Pricing is projected to rise at a mid-single-digit rate, while volumes are expected to decline at a low-single-digit rate. Foreign currency translation is anticipated to contribute approximately 2%.
The company now expects adjusted EBITDA between $655 million and $670 million. Adjusted earnings per share are projected in the range of $4.70-$4.85, with the core tax rate anticipated between 25.5% and 26%.
Operating cash flow is expected to remain between $300 million and $325 million, excluding AMS-related items. Management remains focused on its Quantum Leap restructuring initiatives and the anticipated closing of the AMS acquisition before year-end. The company continues progressing toward its adjusted EBITDA margin target of more than 20%.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates revision.
VGM ScoresCurrently, H. B. Fuller has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. Charting a somewhat similar path, the stock has a grade of A on the value side, putting it in the top 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, H. B. Fuller has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Společnost Church & Dwight má ve čtvrtletních výsledcích vykázat zisk na akcii (EPS) ve výši 0,90 USD, což představuje meziroční nárůst o 11,1 %, při očekávaných tržbách 1,58 miliardy USD, meziročně nižších o 0,2 %.
The market expects Church & Dwight (CHD - Free Report) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis maker of household and personal products is expected to post quarterly earnings of $0.90 per share in its upcoming report, which represents a year-over-year change of +11.1%.
Revenues are expected to be $1.58 billion, down 0.2% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.24% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Church & Dwight?For Church & Dwight, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.06%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Church & Dwight will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Church & Dwight would post earnings of $0.89 per share when it actually produced earnings of $0.89, delivering no surprise.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Church & Dwight appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
C.H. Robinson má ve 3. čtvrtletí 2026 podle konsenzu vykázat zisk 1,72 USD na akcii, což představuje meziroční nárůst o 22,86 %, při tržbách ve výši 4,96 mld. USD.
Key Takeaways C.H. Robinson's Q3 earnings are expected to rise 22.86%, while revenues are projected to grow 9.84%.Elevated truckload spot costs and contractual margin pressures may weigh on C.H. Robinson's Q3 results.Soft freight demand & rising insurance expenses pose challenges despite CHRW's market share gains. C.H. Robinson Worldwide, Inc. (CHRW - Free Report) is scheduled to release third-quarter 2026 results on Oct. 28, before the market opens.
The company exits the September-end quarter amid elevated truckload spot costs, pressure on contractual margins and a still-soft freight demand environment. Higher insurance-related expenses and continued volatility across global freight markets may also have weighed on profitability.
The Zacks Consensus Estimate for the third-quarter 2026 earnings has been revised upward by 4.24% over the past 60 days to $1.72 per share. The consensus mark indicates a 22.86% increase from the third-quarter 2025 actuals. The Zacks Consensus Estimate for third-quarter 2026 revenues is pegged at $4.96 billion, indicating a 9.84% increase from third-quarter 2025 actuals.
C.H. Robinson has an encouraging earnings surprise history. The company’s earnings have outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 8.11%.
Factors Likely to Have Influenced CHRW’s Q3 PerformanceElevated Truckload Spot Costs: Rising carrier costs are likely to have remained a key headwind. In the second quarter, truckload linehaul cost per mile increased 29% year over year, outpacing the 25.5% rise in customer pricing. Management also noted that spot rates were expected to have remained elevated during the third quarter.
Pressure on Contractual Margins: Higher spot-market costs are likely to have continued to squeeze margins on contractual truckload business. C.H. Robinson was actively repricing its contractual portfolio to reflect changing market conditions, but management acknowledged that margin pressure typically persists while pricing catches up with rising carrier costs.
Soft Freight Demand: The broader freight market remained in the trough of the demand cycle entering the quarter. Although CHRW continued to gain share, overall freight activity was still subdued, which is likely to have limited volume-driven upside. The company noted that the Cass Freight Shipment Index had declined year over year for 15 consecutive quarters.
Higher Insurance Costs: Insurance expenses may also have pressured results. Management indicated that insurance costs were expected to rise in the second half of 2026, representing another operating-cost headwind even as productivity initiatives continued to offset inflation elsewhere.
What Our Model Says About CHRWOur proven model does not conclusively predict an earnings beat for C.H. Robinson this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
CHRW has an Earnings ESP of -0.58% and a Zacks Rank #2 at present. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
CHRW Q2 HighlightsC.H. Robinson reported solid second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate.
Quarterly earnings were $1.61 per share, up 24.8% year over year. The figure beat the Zacks Consensus Estimate of $1.53 by 5.2%.
Revenues rose 19.3% year over year to $4.93 billion and surpassed the consensus mark of $4.42 billion by 11.7%.
Stocks to ConsiderHere are a few stocks from the broader Zacks Transportation sector that investors may consider, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
United Parcel Service (UPS - Free Report) has an Earnings ESP of +0.95% and a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
UPS is scheduled to report third-quarter 2026 earnings on Oct. 28. The Zacks Consensus Estimate for third-quarter 2026 earnings has remained flat at $1.63 per share over the past 60 days. UPS’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, with the average beat being 12.4%.
Kirby Corporation (KEX - Free Report) has an Earnings ESP of +1.87% and a Zacks Rank #3 at present. KEX is scheduled to report third-quarter 2026 earnings on Oct. 28.
The Zacks Consensus Estimate for third-quarter 2026 earnings has been revised upward by 0.51% to $1.96 per share over the past 60 days. KEX’s earnings beat the Zacks Consensus Estimate in three of the preceding four quarters and missed the mark on the other occasion. The average beat is 2.86%.
Společnost Arch Capital má ve třetím čtvrtletí 2026 vykázat tržby ve výši 4,46 mld. USD, což představuje meziroční pokles o 5,5 %, a zisk na akcii (EPS) ve výši 2,05 USD.
Key Takeaways Rate increases, new business and account growth are expected to support net premiums earned of $3.9B.
Net investment income is expected at $432.2 million, aided by operating cash flow and invested asset base.
The combined ratio is estimated at 92.1%, as modest catastrophe losses support margins.
Arch Capital Group Ltd. (ACGL - Free Report) is expected to register a decline in both top and bottom lines when it reports third-quarter 2026 results on Oct. 27, after the closing bell.
The Zacks Consensus Estimate for ACGL’s third-quarter revenues is pegged at $4.46 billion, indicating a 5.5% decline from the year-ago reported figure.
The consensus estimate for earnings is pegged at $2.05 per share. The Zacks Consensus Estimate for ACGL’s third-quarter earnings has moved north 9% in the past 30 days. The estimate suggests a year-over-year decline of 25.9%.
What the Zacks Model Unveils for ACGLOur proven model predicts an earnings beat for Arch Capital this time around. This is because the stock has the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), which increases the chances of an earnings beat.
Earnings ESP: Arch Capital has an Earnings ESP of +11.70% at present. This is because the Most Accurate Estimate of $2.29 is pegged higher than the Zacks Consensus Estimate of $2.05. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Arch Capital currently carries a Zacks Rank #3.
Factors Likely to Shape Q3 Results of ACGLRate increases, new business opportunities and growth in existing accounts, product innovation, market expansion and strong underwriting performance, combined with strategic investments, are likely to have favored net premiums earned.
The Zacks Consensus Estimate for net premiums earned is pegged at $4 billion. We expect net premiums earned to be $3.9 billion.
The Mortgage segment is likely to have benefited from growth in international business offset by a reduction in U.S. monthly premium volume.
Net investment income is likely to have benefited from solid net cash flow from operating activities, which is expected to have increased the invested asset base. We expect net investment income to be $432.2 million. The Zacks Consensus Estimate for investment income is pegged at $430 million.
The top line is likely to have gained from improved earned premiums and higher net investment income.
Expenses are expected to have increased in the to-be-reported quarter due to higher losses and loss adjustment expenses, acquisition costs, other operating expenses, amortization of intangible assets, corporate expenses and interest expenses. We expect total expenses to be $3.8 billion.
Disciplined underwriting practices and relatively modest catastrophe-related losses are expected to have supported underwriting margins. The Zacks Consensus Estimate for the combined ratio is pegged at 89, and our estimate is pinned at 92.1.
Share buybacks are likely to have added upside to the bottom line.
Other Stocks to ConsiderHere are three other P&C insurance stocks that you may want to consider, as our model shows that these, too, have the right combination of elements to post an earnings beat:
RenaissanceRe Holdings Ltd. (RNR - Free Report) has an Earnings ESP of +9.02% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $9.28, indicating a year-over-year decrease of 40.6%. You can see the complete list of today’s Zacks #1 Rank stocks here.
RNR’s earnings beat estimates in each of the last four reported quarters.
The Allstate Corporation (ALL - Free Report) has an Earnings ESP of +5.25% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $7.03, indicating a year-over-year decrease of 37.1%.
ALL’s earnings beat estimates in each of the last four reported quarters.
Everest Group, Ltd. (EG - Free Report) has an Earnings ESP of +3.01% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $9.32, indicating a year-over-year decrease of 23.6%.
EG’s earnings beat estimates in two of the last four reported quarters and missed in the other two.
Newell Brands by ve čtvrtletních hospodářských výsledcích měla vykázat EPS ve výši 0,20 USD, což představuje meziroční nárůst o 17,7 %, při tržbách ve výši 1,85 miliardy USD (+2,5 %).
Newell Brands (NWL - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 30. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis consumer products company is expected to post quarterly earnings of $0.20 per share in its upcoming report, which represents a year-over-year change of +17.7%.
Revenues are expected to be $1.85 billion, up 2.5% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Newell Brands?For Newell Brands, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.26%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Newell Brands will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Newell Brands would post earnings of $0.19 per share when it actually produced earnings of $0.42, delivering a surprise of +121.05%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Newell Brands appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
CBOE očekává za čtvrtletí končící v září 2026 zisk 3,37 USD na akcii, což představuje meziroční nárůst o 26,2 %, a výnosy ve výši 701,96 milionu USD, meziročně vyšší o 15,9 %.
CBOE Global (CBOE - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on October 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis holding company for the Chicago Board Options Exchange is expected to post quarterly earnings of $3.37 per share in its upcoming report, which represents a year-over-year change of +26.2%.
Revenues are expected to be $701.96 million, up 15.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.17% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for CBOE?For CBOE, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +2.02%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that CBOE will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that CBOE would post earnings of $3.45 per share when it actually produced earnings of $3.56, delivering a surprise of +3.19%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
CBOE appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAnother stock from the Zacks Securities and Exchanges industry, IntercontinentalExchange (ICE - Free Report) , is soon expected to post earnings of $1.97 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +15.2%. Revenues for the quarter are expected to be $2.73 billion, up 13.2% from the year-ago quarter.
The consensus EPS estimate for ICE has been revised 0.9% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.02%.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP makes it difficult to conclusively predict that ICE will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Quest Diagnostics potvrdila kybernetický útok na systém Quanum, při němž došlo k neoprávněnému zpřístupnění osobních údajů a zdravotnických záznamů pacientů. Firma zatím neuvedla počet dotčených pacientů.
Medical lab testing giant Quest Diagnostics has confirmed a cyberattack and data breach affecting an as-yet unspecified amount of sensitive patient information stored in its systems, according to a legally required disclosure with U.S. regulators.
Quest said in an 8-K filing with the U.S. Securities and Exchange Commission that it learned of a cyberattack on Wednesday targeting one of its lab testing systems, Quanum, which allows doctors’ offices, hospitals, and healthcare practices to request lab tests for patients while also handling billing. The platform stores a large amount of patient health and medical records, as well as associated diagnostic and billing data.
The company said the unauthorized access included the accessing of “certain patient records.” Quest said it notified law enforcement and is investigating.
The cyberattack on Quest is the latest major cyber incident to affect the healthcare industry this year. A series of cyberattacks and data breaches have sparked weeks of disruption and allowed the theft of millions of patient electronic health records and other medical information. Health tech companies have become a major target for financially motivated cybercriminals, who aim to steal as much sensitive data as possible and threaten to publish it if they aren’t paid a ransom.
In recent months, a cyberattack resulted in the mass-wiping of employee devices at medical tech maker Stryker in March, and a hack on medical implant manufacturer Boston Scientific in August forced the company’s network offline for weeks, sparking “global disruption” to its operations. Meanwhile, separate hacks throughout the year caused massive breaches of patient data at medical recordkeeping company CareCloud, Scotland-based health tech provider Craneware, and U.S. pharmaceutical distribution giant McKesson.
The lab-testing giant has not yet said how many healthcare customers, or patients, had information stolen during the attack on its Quanum systems.
Quest’s website and materials say Quanum is used by about half a million clinicians in thousands of locations across North America. It’s unclear how many health records Quanum holds, but one 2026 case study on Quest’s website shows how a single health system with more than 6 million patients can hold hundreds of millions of related medical documents and charts.
Quest did not say when the breach began or whether any hacking group has contacted the company with demands, such as payment in exchange to not release the stolen data. Amanda Rivera, a spokesperson for Quest, did not answer TechCrunch’s questions about the incident and referred to its security notice.
In the notice, Quest said that some patients’ protected health information was taken, including “personal information and patient records,” but the company is still investigating what specific kinds of data were taken. (The website post currently contains “noindex” code, which tells search engines not to list the page in search results, making it far more difficult for people to find the page.)
This is Quest’s second known major data breach in a decade, after losing 11.9 million patient records in a cyberattack on a third-party billing company in 2019.
Do you work at Quest Diagnostics or know more about the data breach? We’d love to hear from you. You can reach this reporter on Signal at the username zackwhittaker.1337 or by email [email protected].
Updated with a response from Quest.
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.
Zack Whittaker is the security editor at TechCrunch. He also authors the weekly cybersecurity newsletter, this week in security.
He can be reached via encrypted message at zackwhittaker.1337 on Signal. You can also contact him by email, or to verify outreach, at [email protected].
Saab AB (publ) (SAABY) Q3 2026 Earnings Call October 23, 2026 4:00 AM EDT
Company Participants
Johan Andersson - Head of Investor Relations
Micael Johansson - President, CEO & Director
Anna Wijkander - Chief Financial Officer
Conference Call Participants
David Holmes
Marie-Ange Riggio - Morgan Stanley, Research Division
Fredrik Lithell - Handelsbanken Capital Markets AB, Research Division
William Balksten
Sash Tusa - Agency Partners LLP
Afonso Osorio - Barclays Bank PLC, Research Division
Presentation
Johan Andersson
Head of Investor Relations
Good morning, everyone, and welcome to the presentation of Saab's report for the third quarter 2026. My name is Johan Andersson, and I will be the moderator here today and also responsible for Investor Relations. With me here in Stockholm, I have our CEO, Micael Johansson, and our CFO, Anna Wijkander. Micael and Anna will present the report, and then thereafter, we will start the Q&A session. And remember, you can ask your questions over the telephone conference and you can also post your question via the web interface, and I will read them out here in the studio. So with that, a warm welcome, and over to you, Micael.
Micael Johansson
President, CEO & Director
Thank you, Johan, and most welcome also from my side. Thank you for joining this morning. Maybe not the best weather in Stockholm today, but still weather. Starting with the highlights of the quarter, of course, we still see a huge demand in the market, and investments are going -- ongoing in many countries. Of course, it's a bit different in different parts of Europe to start with in terms of our region. I still think they're moving ahead quite quickly in the right direction. I mean, the Baltic states, the Nordic countries, and also Poland and Germany.
We've had a very strong first 9 months, and we have been growing
Truth Social's parent company keeps bleeding while its closest rival edges into the green, and the investigation hanging over one of Trump Media's newer revenue streams may explain why sellers are still in charge.
Selling pressure on the parent company of Truth Social persists as regulatory questions surrounding its Truth API data product remain open. Trump Media & Technology Group (NASDAQ:DJT) stock is down 4% to $6.36 this morning, a move that extends a steep decline this year and keeps sellers in control. The Truth API scrutiny stands as the most visible open issue attached to the shares.
Meanwhile, Rumble (NASDAQ:RUM) stock is up 0.6% to $5.58. Both companies court audiences looking for alternatives to the largest mainstream platforms, so the split in direction points to pressure that’s specific to Trump Media.
For a sector read, the Global X Social Media ETF (NASDAQ:SOCL) is up 0.1% to $43.09. As a benchmark for U.S. large caps, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.2% to $762.69. Neither fund comes close to the size of the decline in Trump Media stock, which keeps the focus on company-specific concerns.
Truth API Scrutiny Keeps Pressure on Trump Media At a media industry event on October 20, Trump Media CEO Kevin McGurn declined to comment on investigations into Truth API, saying some of them are ongoing. McGurn described Truth API as a cash-positive business, offering the clearest public signal of how management views the product’s economics. Some members of Congress have called for the investigations, which leaves a regulatory question hanging over one of Trump Media’s newer revenue sources.
Truth API sells faster access to posts from Truth Social’s top trending accounts, presenting the platform’s activity as a data feed for paying customers. Because the product’s appeal rests on speed, open investigations put a question mark over a business line Trump Media’s management has singled out, so until the inquiries conclude, Trump Media stock carries that uncertainty alongside its steep slide this year.
Rumble’s Gain Isolates the Selloff at Trump Media Rumble runs a video platform alongside a cloud business, while Trump Media’s operations center on Truth Social. That different revenue mix helps explain why the two stocks are moving in opposite directions.
The Global X Social Media ETF holds both Trump Media and Rumble, though each makes up only a small slice of the fund. Most of the ETF’s weight sits with larger platform and internet operators, so a sharp move in Trump Media stock barely affects the fund’s price, which shows how the sector fund can edge higher while Trump Media shares trade lower.
The bull case for Trump Media centers on a product. Its chief executive calls it cash-positive, while the bear case points to open investigations and a steep slide this year. Rumble’s bulls can point to a cloud business that broadens its revenue, while bears may note it still competes with far larger platforms for audiences.
Truth API Probes Set Up Trump Media’s Next Test The focus will be on whether selling pressure on Trump Media eases as the investigations move forward. McGurn has said some of the investigations are ongoing, and the company’s next public update on Truth API could show whether that status has changed. Clear answers on that front could matter more to Trump Media stock than daily moves in Rumble shares or the broader social media group.
With the inquiries still open, Trump Media stock carries a regulatory question beyond the company’s control. Investors considering their DJT stock exposure can adjust their holdings carefully until that question resolves.
Contact [email protected] for any questions or corrections.
The market expects Imperial Oil (IMO - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis oil and gas and petroleum products company is expected to post quarterly earnings of $3.43 per share in its upcoming report, which represents a year-over-year change of +118.5%.
Revenues are expected to be $15.44 billion, up 76.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 12% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Imperial Oil?For Imperial Oil, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Imperial Oil will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Imperial Oil would post earnings of $2.99 per share when it actually produced earnings of $3.27, delivering a surprise of +9.36%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Imperial Oil doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Tempus AI vyřešila obavy ohledně vlastnictví MRD a peněžních toků; upravená EBITDA dosáhla kladných hodnot. Akvizice Personalis posiluje její schopnosti v oblasti MRD.
SummaryTempus AI is now a higher-conviction Buy after resolving prior concerns on MRD ownership and cash flow, with adjusted EBITDA turning positive.The Personalis acquisition secures MRD capabilities, integrating high-demand data and supporting pharma partnerships, while xT CDx FDA approval enables significant pricing uplift from 2027.The Data and Applications segment maintains robust ~28% growth, with a growing backlog and margins stabilizing despite headline deceleration and compute cost pressures.At ~6.5x 2027 EV/revenue, TEM offers a de-risked thesis, and the recent ~20% pullback presents an attractive accumulation opportunity ahead of Q3 free cash flow milestones. Rockaa/E+ via Getty Images
A Buy call issued in June as “accumulate on dips” on Tempus AI, Inc. (TEM) now looks like a higher-conviction Buy after running up by ~39% since then. In June, I had two things on
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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.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Key Takeaways NuScale's 12-module plant could deliver 3 gigawatts of thermal energy as steam for industrial applications.A 2025 study found NuScale's proposed systems could potentially cut chemical plant CO2 emissions by 80%-90%.SMR is developing steam compression technology to expand its potential industrial applications.
NuScale Power Corporation (SMR - Free Report) is exploring industrial heat as a use for its small modular reactors. Factories need heat to refine crude oil, produce chemicals and manufacture fertilizers, with much of that energy coming from fossil fuels. According to a U.S. Department of Energy analysis cited by NuScale, process heating accounted for 51% of manufacturing energy use in 2018. NuScale says a plant with 12 Power Modules could supply 3 gigawatts of thermal energy as superheated steam. This could give industrial customers another way to meet their heat needs while reducing emissions.
Industrial facilities need steam at specific temperatures and pressures, making it difficult to replace conventional boilers. NuScale has been studying how its reactors could meet those requirements. In a 2025 assessment published with Oak Ridge National Laboratory, several proposed systems were found capable of serving a large chemical facility while potentially cutting carbon dioxide emissions by 80% to 90%. NuScale is also working with Ebara Elliott Energy on a high-temperature steam compressor. The planned system would use equipment to raise reactor-supplied steam to 500°C or more, making it suitable for additional industrial uses.
These projects could open another market for NuScale, although commercial adoption remains uncertain. Its reactor design supports an emergency planning zone at the plant boundary, allowing installations closer to factories and reducing heat lost during transport. The company has studied ways to supply electricity and steam for hydrogen and ammonia production. However, these studies do not amount to industrial sales. NuScale must demonstrate its systems at commercial scale, secure customers and arrange financing before process heat can become a revenue source. Successful projects could improve the business outlook for SMR stock.
NuScale is not alone in exploring nuclear energy for industrial heat applications. Other advanced nuclear developers are also working on smaller reactor designs that could supply both electricity and heat to industrial facilities. As industries look for ways to reduce their dependence on fossil fuels, demand for such technologies could increase, creating new business opportunities while intensifying competition in the nuclear energy market.
Other Nuclear Developers Target Heat and Power ApplicationsNANO Nuclear Energy (NNE - Free Report) is targeting applications where reliable, high-temperature energy can support power-intensive industrial operations. NANO Nuclear Energy says its KRONOS MMR uses high-temperature gas-cooled reactor technology and is designed for deployment across data centers, industrial and defense-related customers. Its compact, modular architecture and use of TRISO fuel could support co-located or off-grid applications. NANO Nuclear Energy is also building partnerships to support future commercial deployment.
Meanwhile, Oklo Inc. (OKLO - Free Report) is taking a similar approach by designing its Aurora powerhouses to provide both electricity and usable heat. OKLO sees this combination as part of a broader integrated nuclear platform spanning power, fuel and isotopes. OKLO is already developing an Aurora application at Eielson Air Force Base that is intended to supply electricity and heat, demonstrating how advanced reactors could serve facilities with simultaneous thermal and power requirements. OKLO also plans to own and operate these assets.
The Zacks Rundown on NuScale PowerShares of SMR have lost some 55% over the past six months.
Image Source: Zacks Investment Research
NuScale Power currently has an average brokerage recommendation of 2.79 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 19 brokerage firms.
Image Source: Zacks Investment Research
See how the Zacks Consensus Estimate for SMR’s earnings has been revised over the past 90 days.
Image Source: Zacks Investment Research
The company currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In its upcoming report, Garmin (GRMN - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.38 per share, reflecting an increase of 19.6% compared to the same period last year. Revenues are forecasted to be $1.99 billion, representing a year-over-year increase of 12.3%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
With that in mind, let's delve into the average projections of some Garmin metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Net Sales- Marine' should come in at $299.00 million. The estimate indicates a change of +12% from the prior-year quarter.
The average prediction of analysts places 'Net Sales- Aviation' at $257.85 million. The estimate points to a change of +7.2% from the year-ago quarter.
Analysts predict that the 'Net Sales- Fitness' will reach $728.55 million. The estimate indicates a year-over-year change of +21.2%.
The consensus among analysts is that 'Net Sales- Outdoor' will reach $545.66 million. The estimate indicates a year-over-year change of +9.7%.
It is projected by analysts that the 'Net Sales- Auto OEM' will reach $158.08 million. The estimate indicates a year-over-year change of -4.1%.
The consensus estimate for 'Operating income (loss)- Outdoor' stands at $182.83 million. Compared to the present estimate, the company reported $169.73 million in the same quarter last year.
Analysts expect 'Operating income (loss)- Fitness' to come in at $227.42 million. Compared to the current estimate, the company reported $193.60 million in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Operating income (loss)- Marine' will likely reach $57.94 million. The estimate compares to the year-ago value of $49.40 million.
Analysts forecast 'Gross profit- Fitness' to reach $432.34 million. Compared to the current estimate, the company reported $362.85 million in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Gross profit- Marine' of $165.21 million. The estimate is in contrast to the year-ago figure of $148.24 million.
Based on the collective assessment of analysts, 'Gross profit- Aviation' should arrive at $191.92 million. The estimate is in contrast to the year-ago figure of $180.71 million.
Analysts' assessment points toward 'Gross profit- Outdoor' reaching $354.63 million. The estimate compares to the year-ago value of $329.75 million.
View all Key Company Metrics for Garmin here>>>
Over the past month, shares of Garmin have returned +0.1% versus the Zacks S&P 500 composite's -1.2% change. Currently, GRMN carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Akcie společnosti Rigetti Computing za poslední měsíc ztratily 30,4 %. Zacks jim udělil hodnocení č. 3 („držet“), přičemž odhady zisků se za posledních 30 dní nezměnily.
Rigetti Computing, Inc. (RGTI - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned -30.4%, compared to the Zacks S&P 500 composite's -1.2% change. During this period, the Zacks Internet - Software industry, which Rigetti Computing falls in, has lost 5.8%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For the current quarter, Rigetti Computing is expected to post a loss of $0.05 per share, indicating a change of -66.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of -$0.19 points to a change of +70.3% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $0.19 indicates a change of +2.1% from what Rigetti Computing is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Rigetti Computing is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Rigetti Computing, the consensus sales estimate for the current quarter of $3.89 million indicates a year-over-year change of +99.6%. For the current and next fiscal years, $24.55 million and $71.21 million estimates indicate +246.4% and +190% changes, respectively.
Last Reported Results and Surprise HistoryRigetti Computing reported revenues of $5.14 million in the last reported quarter, representing a year-over-year change of +185.6%. EPS of -$0.05 for the same period compares with -$0.05 a year ago.
Compared to the Zacks Consensus Estimate of $4.91 million, the reported revenues represent a surprise of +4.58%. The EPS surprise was -66.67%.
Over the last four quarters, Rigetti Computing surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Rigetti Computing is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Rigetti Computing. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
CoreWeave's (CRWV -0.77%) stock has plunged 54% over the past 12 months, and it set a new 52-week low of $53.50 on Oct. 22. In the past week alone, it sank about 13%. Let's see why this neocloud stock fizzled out -- and if it's becoming a compelling buy at these prices.
What does CoreWeave do?
CoreWeave was once an Ethereum miner, but it repurposed its Nvidia (NVDA +0.24%) GPUs to train AI models after the cryptocurrency market crashed in 2018.
Image source: Getty Images.
Today, CoreWeave operates 51 data centers that run over a quarter million Nvidia GPUs to remotely process AI tasks. That streamlined approach enables it to process advanced AI workloads roughly 35 times faster and at 80% lower cost than larger cloud platforms. Its largest customers include Meta Platforms, Microsoft, OpenAI, and Anthropic. Nvidia also owns about 9% of CoreWeave, making it the company's top institutional investor.
CoreWeave went public last March. In 2025, its revenue soared 168% to $5.1 billion, and its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 154% to $3.1 billion. Those explosive growth rates -- driven by the AI market's breakneck expansion -- dazzled investors, and the stock surged from its IPO price of $40 per share to a record high of $183.58 per share on June 20, 2025.
CRWV CoreWeave$55.17-$0.43 (-0.77%)
NASDAQ · As of 12:04 PM ET 10/23/26
Why did CoreWeave's stock crash?
At its peak, CoreWeave's enterprise value hit $91.1 billion -- or 18 times the revenue it would generate in 2025. However, it struggled to maintain that premium valuation because investors were concerned about its steep losses and persistent dilution.
Even though its adjusted EBITDA was positive, it posted a net loss of $1.2 billion in 2025. That massive gap was driven by interest payments, equipment depreciation, lease and acquisition costs, and stock-based compensation, all of which were excluded from its adjusted EBITDA.
To stabilize its liquidity, CoreWeave issued more shares and convertible debt. That's why its share count has risen 28% since its IPO, and why it ended its latest quarter with $72 billion in total liabilities and a jaw-dropping debt-to-equity ratio of 14.3. Those glaring weaknesses suggested its business model wasn't sustainable yet, and the Fed's rate hike in September -- its first in three years -- made its messy balance sheet even less attractive.
How fast is CoreWeave growing?
By the end of the second quarter of 2026, CoreWeave's contracted revenue backlog had grown 246% year over year to $104 billion. For the full year, analysts expect its revenue and adjusted EBITDA to surge 151% to $12.9 billion, with adjusted EBITDA growing 144% to $7.6 billion. But on a GAAP basis, they expect its net loss to widen from $1.2 billion to $2.9 billion.
While CoreWeave's business is booming, it had only 1.85 GW of capacity at the end of June, compared to a contracted backlog of 4.2 GW. It expects to lease more data centers and buy more GPUs to narrow that gap next year, but that expansion will be costly.
For 2027, analysts expect its revenue to grow 106% to $26.5 billion, its adjusted EBITDA to grow 121% to $16.7 billion, and its net loss to narrow slightly to $2.8 billion. At its current enterprise value of $76.2 billion, it trades at just four times next year's sales and six times its adjusted EBITDA. Those low valuations should limit its downside potential, even if near-term concerns about rising rates and steep net losses weigh on its stock.
Why could it be the right time to buy CoreWeave?
CoreWeave clearly has a first-mover advantage in the neocloud space; it's firmly backed by Nvidia, and economies of scale should kick in as its business matures. I didn't love the stock when it skyrocketed after its IPO, but I think it's worth accumulating in the mid-50s -- as long as you can tune out the near-term noise and focus on its long-term growth potential.
Capri Holdings očekává čtvrtletní zisk ve výši 0,21 USD na akcii, což představuje meziroční nárůst o 800 %, při tržbách 781,27 milionu USD, tedy meziročně o 8,7 % nižších.
The market expects Capri Holdings (CPRI - Free Report) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 30, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis luxury retailer is expected to post quarterly earnings of $0.21 per share in its upcoming report, which represents a year-over-year change of +800%.
Revenues are expected to be $781.27 million, down 8.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Capri Holdings?For Capri Holdings, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +4.76%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Capri Holdings will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Capri Holdings would post earnings of $0.4 per share when it actually produced earnings of $0.67, delivering a surprise of +67.50%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Capri Holdings appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsBoot Barn (BOOT - Free Report) , another stock in the Zacks Retail - Apparel and Shoes industry, is expected to report earnings per share of $1.63 for the quarter ended September 2026. This estimate points to a year-over-year change of +19%. Revenues for the quarter are expected to be $581.15 million, up 15% from the year-ago quarter.
The consensus EPS estimate for Boot Barn has remained unchanged over the last 30 days. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +0.49%.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Boot Barn will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
CAVA v posledním čtvrtletí zvýšila tržby meziročně o 31,3 % na 368,44 mil. USD a zisk na akcii na 0,19 USD; oba ukazatele překonaly konsenzuální odhady.
Cava Group (CAVA - Free Report) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this Mediterranean restaurant chain have returned +2.2%, compared to the Zacks S&P 500 composite's -1.2% change. During this period, the Zacks Retail - Restaurants industry, which Cava falls in, has gained 3.6%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Cava is expected to post earnings of $0.12 per share for the current quarter, representing no change from the year-ago quarter. Over the last 30 days, the Zacks Consensus Estimate has changed +3.3%.
For the current fiscal year, the consensus earnings estimate of $0.55 points to a change of +1.9% from the prior year. Over the last 30 days, this estimate has changed +0.3%.
For the next fiscal year, the consensus earnings estimate of $0.74 indicates a change of +34.2% from what Cava is expected to report a year ago. Over the past month, the estimate has changed -2.5%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Cava.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Cava, the consensus sales estimate for the current quarter of $357.44 million indicates a year-over-year change of +22.3%. For the current and next fiscal years, $1.51 billion and $1.79 billion estimates indicate +27.7% and +18.9% changes, respectively.
Last Reported Results and Surprise HistoryCava reported revenues of $368.44 million in the last reported quarter, representing a year-over-year change of +31.3%. EPS of $0.19 for the same period compares with $0.16 a year ago.
Compared to the Zacks Consensus Estimate of $353.31 million, the reported revenues represent a surprise of +4.28%. The EPS surprise was +5.56%.
Over the last four quarters, Cava surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Cava is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Cava. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Akcie Strive tento týden vzrostly o 20,5 % poté, co firma prostřednictvím emise prioritních akcií získala 630 milionů USD na všeobecné firemní účely a další nákupy Bitcoinu.
Shares of Strive (ASST +1.83%) soared 20.5% this week, according to data provided by S&P Global Market Intelligence. The stock's jump came as the company completed a $630 million preferred stock offering to fund its Bitcoin acquisition strategy.
Strive stock closed at $29.03 on Thursday, Oct. 22, up 20.5% from Friday, Oct. 16's close. Across those sessions, the S&P 500 was roughly flat at 0%.
ASST Strive$29.56+$0.53 (+1.83%)
NASDAQ · As of 12:04 PM ET 10/23/26
Funding an expansion in Bitcoin holdingsStrive closed an initial public offering of 7 million shares of its 15% Series A Perpetual SATS Preferred Stock at $90 per share on Tuesday, generating $630 million in gross proceeds. The proceeds will fund general corporate purposes and additional Bitcoin purchases.
In a filing with regulators, the company disclosed it bought 4,045 Bitcoins between Oct. 12 and Oct. 16 at an average price of $82,803 per coin, raising its total treasury holdings to 36,818 Bitcoins worth roughly $3 billion.
Strive is an asset manager operating as a Bitcoin treasury company, raising capital through stock offerings to buy and hold Bitcoin as its core reserve asset. Beyond its investment management subsidiary, the firm issues specialized preferred equity to retail and institutional investors, using the proceeds to continuously buy more Bitcoin.
By selling perpetual preferred stock with fixed dividend yields, management aims to amplify per-share Bitcoin exposure for common equity holders without diluting ownership through direct sales of common stock alone.
However, funding asset purchases with fixed-yield preferred obligations adds leverage to the capital structure, leaving common shareholders exposed if coin prices drop. This week's upsized preferred offering resolves near-term funding questions by providing more cash to accelerate Strive's Bitcoin accumulation strategy.
What's next for StriveInvestors should watch the company's upcoming earnings report in November, as well as the start of daily SATS dividends on Nov. 9. Because the firm relies on issuing high-yield preferred equity to purchase non-yielding digital assets, permanent capital loss remains a key risk for common shareholders if Bitcoin experiences a deep downturn and preferred dividend obligations strain liquidity.
Peer treasury companies like Strategy face similar crypto exposure, but Strive's unique daily distribution schedule imposes tighter operational requirements.
Is Strive stock a buy?Buying Bitcoin directly, or a Bitcoin exchange-traded fund (ETF), looks like a better deal than paying a premium for Strive stock right now. Counting its preferred stock, Strive is valued at about 1.4 times its Bitcoin, cash, and other treasury assets. That means investors are paying roughly 40% more than those assets are currently worth.
A sound strategy is to invest in treasury companies like Strive when their market caps are trading closer to the value of the Bitcoin and other treasury assets they hold. At near 1x net asset value (NAV), investors get the benefit of leveraged upside on the long-term appreciation of Bitcoin without overpaying. When the premium to NAV goes up, it's better to buy Bitcoin directly.
The main risk investors have to account for with treasury companies is the volatility. Bitcoin itself is highly volatile, but a treasury company like Strive is even more so. You're also betting on management's execution, which is another risk. With spot Bitcoin, there is no execution risk -- just the volatility of the asset itself.
For most Bitcoin investors, buying an ETF is the simpler option.
Akcie společnosti SanDisk za poslední měsíc ztratily 33,18 %, přesto firma ve fiskálním čtvrtém čtvrtletí zvýšila tržby o 371,6 % na 8,96 miliardy USD a má uzavřené smlouvy v hodnotě nejméně 93,9 miliardy USD.
SanDisk has shed a third of its value in a month even as its business posts record numbers and locks in nearly $94 billion in signed customer contracts. One top analyst sees a near-triple from here, but the bull case…
SanDisk (NASDAQ:SNDK | SNDK Price Prediction) currently trades at $1,260.93, while Wall Street’s average price target is $2,173. That gap works out to 72.3% implied upside.
SanDisk is the NAND flash pure-play that was spun out in February 2025. AI datacenter storage demand has made it one of the market’s biggest winners. Fiscal fourth-quarter revenue reached $8.96 billion, up 371.6% year over year, and non-GAAP EPS of $39.25 beat the $33.28 estimate.
The gap stands out because the stock has pulled back just as the business looks strongest. Melius Research analyst Ben Reitzes holds a Street-high target of $3,600, which implies 185.5% upside. That is close to triple the current price.
China Memory Fears and Profit-Taking Drag SanDisk Down 33% in a Month The biggest blow came from reports that China’s ChangXin Memory Technologies had made progress on next-generation DRAM and server-grade DDR5 chips. That news triggered selling across memory stocks. SanDisk has lost 33.18% over the past month. It fell 8.51% in the latest session alone and now sits 46.4% below its 52-week high of $2,354.39.
SanDisk makes NAND, a separate product from DRAM, so ChangXin’s progress is a less direct threat. Other pressures piled on anyway: profit-taking after the 2026 rally, rising Treasury yields and concerns about debt-funded AI infrastructure spending. The company’s own numbers remain strong. SanDisk has beaten EPS estimates five straight quarters.
Analysts See $93.9 Billion in Contracts the Market Is Discounting The bull case rests on SanDisk’s multi-year customer agreements, which the company calls NBMs. CFO Luis Visoso said signed NBMs carry total expected revenue of “a minimum of $93.9 billion, assuming floor pricing.” Those contracts are expected to cover more than 50% of bits in fiscal 2027 and approximately two-thirds in fiscal 2028, and they are backed by $16.5 billion in financial guarantees.
Melius builds its $3,600 target on three pillars: demand for High-Bandwidth Flash, tight NAND pricing and free cash flow strong enough to support up to $100 billion in buybacks over three years. Other desks sit close behind, with Bernstein at $3,000 and Cantor Fitzgerald at $2,900. The board has already added $14 billion in buyback authorization.
Recent updates have been positive. Mizuho maintained Outperform and raised its target to $2,050, and Rosenblatt initiated at Buy with a $2,400 target. The next test is the upcoming earnings report. Guidance calls for revenue of $10.30 billion to $10.80 billion and EPS of $44.00 to $46.00.
Price targets are opinions, though. The $3,600 call assumes pricing stays strong in a NAND market that management expects to grow 3x year over year in 2026.
Every Storage Name Sold Off, and SanDisk Fell Hardest The whole storage group fell together. Over the past month, SanDisk dropped more than any of its peers.
Micron Technology (NASDAQ:MU) is down 20.09% over the past month. It trades at $856.49 versus a $1,560.57 target and offers 82.2% implied upside. Nine analysts rate it Strong Buy, 36 Buy, three Hold and one Strong Sell. That is more consensus upside than SanDisk.
Western Digital (NASDAQ:WDC), SanDisk’s former parent, has fallen 25.23% in a month. At $354.19 versus a $654 target, the implied upside is 84.6%, with four Strong Buy, 17 Buy and five Hold ratings.
Seagate Technology (NASDAQ:STX) is down 30.49% in a month. It trades at $642.14 versus a $1,116.58 target and offers 73.9% upside, which is similar to SanDisk.
On consensus targets, Western Digital has the most upside in the group, and SanDisk has the least. SanDisk’s case rests heavily on its outlier targets.
A 431% Year Still Survives the Slide At $1,260.93, SanDisk would need to rise 72.3% to reach the $2,173 consensus. Here is how the 25 covering analysts rate the stock:
Strong Buy: 4 Buy: 17 Hold: 3 Strong Sell: 1 Even after the selloff, the stock is up 431.19% year to date, while the S&P 500 has gained 12.03%. Over the past month, SanDisk fell 33.18% while the index slipped 0.5%. The forward P/E is about 8.
Signed Revenue Tilts Me Bullish Before Earnings My view on SanDisk becomes more constructive if the coming earnings report hits guidance and NBM coverage keeps growing. That would show signed pricing holding up in a falling market. My view becomes cautious if NAND pricing rolls over or AI capex budgets shrink. Floor-price contracts protect revenue, yet margins near 84.6% leave a long way to fall.
I lean bullish. A forward multiple near 8 with $93.9 billion in signed floor revenue reflects much of the bad news. Still, I’d treat the $3,600 target as a ceiling, and the consensus is the more realistic mark to measure against.
Contact [email protected] for any questions or corrections.
Centrus Energy (LEU) převzala společnost Westerman Holdings za přibližně 116 milionů USD, čímž získala čtyři výrobní závody a zhruba 400 zaměstnanců s cílem rozšířit kapacity pro výrobu jaderného paliva.
Centrus Energy (LEU) recently acquired Westerman Holdings, securing a crucial manufacturing supplier as nuclear fuel demand accelerates. Westerman produces specialized equipment across several sectors, including nuclear-grade items like UF6 cylinders, engineered industrial systems, and production technologies for upstream and midstream oil and gas. The Centrus Energy Westerman acquisition points to a broader trend of nuclear companies using targeted M&A deals to secure heavy manufacturing capabilities and expand capacity.
Key Takeaways
Centrus purchased 100% of Westerman Holdings for roughly $116 million using a mix of cash on hand and common stock.
The transaction adds about 400 manufacturing employees and four production facilities across Ohio, Oklahoma, and Wyoming.
Westerman brings active revenue streams from non-nuclear industrial markets, matching a key trait seen across several Range Nuclear Renaissance ETF (NUKZ) holdings.
Strategic Supply Chain Impact of Centrus Energy Westerman Acquisition
Centrus acquired 100% of Westerman’s outstanding membership interests for approximately $116 million, according to a statement from the firm. Centrus funded the purchase price through $95 million in cash on hand alongside $21 million in Centrus Class A common stock. As part of the closing structure, Centrus repaid Westerman’s $12.7 million term loan and fully satisfied $31.5 million in subordinated notes. Centrus expects the transaction to be accretive to its adjusted earnings per share in the first full year.
Operationally, the deal adds roughly 400 employees and four manufacturing facilities located in Ohio, Oklahoma, and Wyoming to Centrus’ footprint. Westerman already acts as a primary supplier producing centrifuge casings and key components for Centrus. Bringing this capacity in-house mirrors the industrywide reliance on specialized EPC and manufacturing firms to execute infrastructure buildouts.
Revenue Diversification Fits NUKZ Portfolio Profile
In addition to nuclear transportation cylinders, Westerman maintains an established customer base in oil, gas, and petrochemical markets. That existing non-nuclear business gives Centrus immediate revenue streams outside core enrichment services.
This hybrid structure mirrors several other holdings inside the Range Nuclear Renaissance ETF (NUKZ). Many holdings in the fund maintain strong industrial, energy, or defense businesses, allowing them to generate consistent cash flow while retaining upside to long-term nuclear deployment.
NUKZ offers exposure to the entire nuclear value chain, including reactor design, construction, utilities, and fuel supply chains.
Looking for nuclear insights in your inbox? Subscribe here to keep a pulse on nuclear investing through our weekly research.
For more news, information, and analysis, visit the Nuclear Energy Content Hub.
vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for NUKZ, for which it receives an index licensing fee. However, NUKZ is not issued, sponsored, endorsed, or sold by VettaFi. VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of NUKZ.
nVent Electric očekává, že tržby z datových center v roce 2026 překročí 2 mld. USD, což by znamenalo více než dvojnásobný meziroční nárůst, díky rostoucí poptávce po kapalinovém chlazení pro AI.
Key Takeaways NVT doubled liquid cooling capacity with Blaine, but expects demand to require further expansion.NVT expects data center sales to exceed $2 billion in 2026, more than double the prior year's level.NVT plans Blaine 2 for H1 2027 and a new modular liquid cooling platform launch in fall 2026. nVent Electric (NVT - Free Report) sees rising heat levels from next-generation AI chips as an opportunity to grow its liquid cooling business. As data centers use more powerful chips, they need better cooling systems to manage the additional heat. nVent Electric has been developing liquid cooling solutions for more than a decade and is expanding its capacity to meet rising customer demand.
The company is increasing its investment in liquid cooling to support the growth of AI data centers. nVent Electric opened a new facility in Blaine, MN, in early 2026, effectively doubling its liquid cooling capacity. However, management said this expansion would not be enough to meet expected demand. The company has announced another facility, Blaine 2, of a similar size, which is expected to open in the first half of 2027. nVent Electric expects total data center sales to exceed $2 billion in 2026, more than double the prior year’s level, with liquid cooling making a significant contribution.
nVent Electric is developing products to meet changing data center requirements. The company is preparing to launch a new modular liquid cooling platform in fall 2026. Management said customer interest in the platform is high. nVent Electric is also working with NVIDIA and other industry participants on product requirements through 2030 to prepare for future generations of AI chips and rising rack-level heat densities.
Management estimates that liquid cooling currently accounts for only 10% to 15% of data center cooling. It expects the technology to have a long growth opportunity as data centers adopt more powerful chips and upgrade their cooling systems. This could support demand for nVent Electric’s liquid cooling products beyond the initial build-out of AI data centers. As of now, the company will need to bring new capacity online and scale production to meet customer demand. Its ability to execute on these expansion plans will be important to sustaining growth in this business.
How Do Competitors Fare Against NVTnVent Electric faces stiff competition from AI data center infrastructure players such as Vertiv (VRT - Free Report) and Super Micro Computer (SMCI - Free Report) .
Vertiv is also benefiting from strong AI data center spending and has a broad portfolio covering power and thermal management. VRT offers power, cooling and services as an integrated solution and is expanding its liquid-cooling capabilities through acquisitions, including Strategic Thermal Labs, which added server-side liquid cooling and cold-plate expertise. VRT expects 2026 sales of $14 billion, suggesting 37% year-over-year growth, with organic growth of 31%.
Super Micro Computer is another strong player in AI data-center infrastructure, with its business spanning servers, storage, networking and direct liquid cooling. Its data center building block solutions combine GPU and CPU servers, storage, direct liquid cooling, cooling distribution units, networking and data-center management software. SMCI is also expanding its liquid-cooling capacity and expects its manufacturing network to support more than 3,000 direct liquid-cooled racks per month. For fiscal 2027, the company expects revenues of $65-$72 billion.
NVT's Price Performance, Valuation & EstimatesShares of nVent Electric have jumped 25.2% year to date against the Zacks Electronics - Miscellaneous Components industry’s decline of 21%.
From a valuation standpoint, NVT trades at a forward price-to-sales ratio of 3.32X, lower than the industry’s average of 3.46X. NVT has a Value Score of D.
NVT’s Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 earnings per share (EPS) implies year-over-year growth of 53.1% and 23.8%, respectively. EPS estimates for 2026 and 2027 have both been revised downward over the past 30 days.
Image Source: Zacks Investment Research
NVT currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Financial Futures Ltd Liability Co. lifted its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 26.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,397 shares of the iPhone maker’s stock after purchasing an additional 1,772 shares during the quarter. Apple accounts for approximately 1.0% of Financial Futures Ltd Liability Co.’s portfolio, making the stock its 22nd largest position. Financial Futures Ltd Liability Co.’s holdings in Apple were worth $2,797,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of AAPL. Avenir Tech Ltd bought a new position in shares of Apple in the 2nd quarter worth $29,000. Longfellow Investment Management Co. LLC purchased a new stake in shares of Apple during the 2nd quarter valued at $30,000. ABS Investment Management LLC bought a new stake in shares of Apple during the 2nd quarter worth $376,168,000. Bamco Inc. NY bought a new stake in shares of Apple during the 2nd quarter worth $118,000. Finally, Bard Associates Inc. bought a new stake in shares of Apple during the 2nd quarter worth $161,000. 67.73% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth Several research analysts recently issued reports on the stock. BTIG Research began coverage on shares of Apple in a research report on Monday, August 17th. They issued a “neutral” rating for the company. Phillip Securities raised their price target on Apple from $290.00 to $300.00 and gave the company a “neutral” rating in a research report on Monday, September 14th. Rothschild & Co Redburn set a $400.00 price target on Apple and gave the stock a “buy” rating in a research note on Monday, August 17th. Moffett Nathanson set a $283.00 price target on Apple and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Piper Sandler started coverage on Apple in a report on Monday, August 17th. They issued an “overweight” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and an average price target of $340.12.
Check Out Our Latest Report on AAPL Insider Buying and Selling In other news, CEO John Ternus sold 25,412 shares of Apple stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.94, for a total value of $8,460,671.28. Following the transaction, the chief executive officer owned 59,567 shares in the company, valued at approximately $19,832,236.98. The trade was a 29.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Deirdre O’brien sold 46,389 shares of the business’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $333.42, for a total value of $15,467,020.38. Following the completion of the sale, the senior vice president directly owned 136,810 shares of the company’s stock, valued at approximately $45,615,190.20. This trade represents a 25.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 286,853 shares of company stock worth $95,477,342 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.
Apple Price Performance AAPL stock opened at $348.22 on Friday. The firm has a market cap of $5.08 trillion, a P/E ratio of 39.93, a P/E/G ratio of 2.72 and a beta of 1.07. The firm’s fifty day moving average is $328.91 and its 200 day moving average is $309.07. Apple Inc. has a 52 week low of $243.42 and a 52 week high of $348.36. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00.
Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same period in the previous year, the firm posted $1.57 earnings per share. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. Research analysts predict that Apple Inc. will post 8.75 earnings per share for the current year.
Apple Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Apple’s dividend payout ratio (DPR) is 12.39%.
Apple News Roundup Here are the key news stories impacting Apple this week:
Positive Sentiment: Strong iPhone Duo demand is the main catalyst. Preorders for the $1,999 foldable reportedly sold out quickly, with delivery dates extending into 2027. DigiTimes reported that Apple raised its 12-month shipment target by 44% to 14 million units, up from an initial 9.7 million. iPhone Duo preorder surge prompts Apple to raise shipment targets Positive Sentiment: The foldable launches Friday with supply constrained. Limited store inventory, combined with online backorders, could support near-term pricing power and signal meaningful demand for a new premium product category. Apple bets iPhone Duo can remake foldable market Positive Sentiment: Apple is increasingly viewed as an AI “safe haven.” Investors are favoring the company’s substantial cash generation and device-focused AI strategy over rivals committing enormous sums to centralized data centers. Berkshire Hathaway’s continued large Apple holding also reinforces the stock’s defensive appeal. Apple’s Cash Flow Machine Makes It Investors’ Favorite AI Hedge Positive Sentiment: Additional growth opportunities are emerging. Apple is expanding its smart-home ecosystem with Schneider Electric and has another product event scheduled for October 28, potentially providing further catalysts. Schneider Electric teams up with Apple on smart-home products Neutral Sentiment: Valuation remains the key debate. Apple’s approximately 40 times earnings multiple and $5 trillion valuation leave investors dependent on strong holiday sales, expanding margins and sustained product growth. Analysts remain divided, with some projecting another major growth phase while others see limited upside. Negative Sentiment: Loop Capital downgraded AAPL to Hold over valuation and concerns about iPhone shipment prospects, creating a counterweight to the upbeat foldable-phone reports. Apple slips as Loop Capital downgrades on iPhone shipment concerns Negative Sentiment: Insider selling and ETF outflows add modest pressure. SVP Jennifer Newstead sold 2,399 shares worth about $815,000, while reports also cited net ETF selling and additional insider transactions. These trades are relatively small compared with Apple’s size but may reinforce valuation concerns. Apple Company Profile (Free Report)
Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.
Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.
Recommended Stories Five stocks we like better than Apple Is Texas Instruments Setting Up for Its Next Big Breakout? Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was Tesla’s Flying-Car Hype Hits an Earnings Reality Check Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).
Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.
Forvis Mazars Wealth Advisors LLC lifted its holdings in Apple Inc. (NASDAQ:AAPL – Free Report) by 5.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 195,668 shares of the iPhone maker’s stock after acquiring an additional 9,723 shares during the period. Apple accounts for about 1.1% of Forvis Mazars Wealth Advisors LLC’s portfolio, making the stock its 14th biggest holding. Forvis Mazars Wealth Advisors LLC’s holdings in Apple were worth $64,304,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. State Street Corp boosted its stake in Apple by 4.7% in the 2nd quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock worth $182,897,769,000 after purchasing an additional 28,321,085 shares during the period. Berkshire Hathaway Inc purchased a new stake in Apple during the 2nd quarter valued at approximately $65,950,297,000. Bank of America Corp DE purchased a new stake in Apple during the 2nd quarter valued at approximately $36,986,090,000. Legal & General Group Plc bought a new stake in shares of Apple during the second quarter valued at approximately $30,443,242,000. Finally, Amundi raised its position in shares of Apple by 23.2% during the first quarter. Amundi now owns 73,082,616 shares of the iPhone maker’s stock valued at $18,547,637,000 after buying an additional 13,780,080 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.
More Apple News Here are the key news stories impacting Apple this week:
Positive Sentiment: Strong iPhone Duo demand is the main catalyst. Preorders for the $1,999 foldable reportedly sold out quickly, with delivery dates extending into 2027. DigiTimes reported that Apple raised its 12-month shipment target by 44% to 14 million units, up from an initial 9.7 million. iPhone Duo preorder surge prompts Apple to raise shipment targets Positive Sentiment: The foldable launches Friday with supply constrained. Limited store inventory, combined with online backorders, could support near-term pricing power and signal meaningful demand for a new premium product category. Apple bets iPhone Duo can remake foldable market Positive Sentiment: Apple is increasingly viewed as an AI “safe haven.” Investors are favoring the company’s substantial cash generation and device-focused AI strategy over rivals committing enormous sums to centralized data centers. Berkshire Hathaway’s continued large Apple holding also reinforces the stock’s defensive appeal. Apple’s Cash Flow Machine Makes It Investors’ Favorite AI Hedge Positive Sentiment: Additional growth opportunities are emerging. Apple is expanding its smart-home ecosystem with Schneider Electric and has another product event scheduled for October 28, potentially providing further catalysts. Schneider Electric teams up with Apple on smart-home products Neutral Sentiment: Valuation remains the key debate. Apple’s approximately 40 times earnings multiple and $5 trillion valuation leave investors dependent on strong holiday sales, expanding margins and sustained product growth. Analysts remain divided, with some projecting another major growth phase while others see limited upside. Negative Sentiment: Loop Capital downgraded AAPL to Hold over valuation and concerns about iPhone shipment prospects, creating a counterweight to the upbeat foldable-phone reports. Apple slips as Loop Capital downgrades on iPhone shipment concerns Negative Sentiment: Insider selling and ETF outflows add modest pressure. SVP Jennifer Newstead sold 2,399 shares worth about $815,000, while reports also cited net ETF selling and additional insider transactions. These trades are relatively small compared with Apple’s size but may reinforce valuation concerns. Apple Stock Up 1.2% NASDAQ AAPL opened at $348.22 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The company has a market capitalization of $5.08 trillion, a P/E ratio of 39.93, a P/E/G ratio of 2.72 and a beta of 1.07. Apple Inc. has a one year low of $243.42 and a one year high of $348.36. The stock has a 50 day moving average price of $328.91 and a 200-day moving average price of $309.07. Apple (NASDAQ:AAPL – Get Free Report) last posted its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. During the same period last year, the firm posted $1.57 earnings per share. Apple’s revenue for the quarter was up 16.4% compared to the same quarter last year. As a group, equities analysts predict that Apple Inc. will post 8.75 EPS for the current fiscal year.
Apple Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a dividend of $0.27 per share. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a yield of 0.3%. Apple’s dividend payout ratio (DPR) is 12.39%.
Insider Buying and Selling at Apple In other news, SVP Deirdre O’brien sold 46,389 shares of the business’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $333.42, for a total value of $15,467,020.38. Following the sale, the senior vice president directly owned 136,810 shares in the company, valued at $45,615,190.20. The trade was a 25.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy D. Cook sold 191,753 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $332.96, for a total transaction of $63,846,078.88. Following the sale, the insider owned 3,264,168 shares in the company, valued at $1,086,837,377.28. This represents a 5.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 286,853 shares of company stock worth $95,477,342 over the last three months. 0.06% of the stock is owned by company insiders.
Wall Street Analyst Weigh In Several equities analysts have recently commented on AAPL shares. Citic Securities boosted their target price on shares of Apple from $300.00 to $349.00 in a report on Thursday, August 6th. China Renaissance cut shares of Apple from a “buy” rating to a “hold” rating and cut their target price for the company from $329.00 to $280.00 in a research note on Tuesday, August 4th. Morgan Stanley reiterated an “overweight” rating on shares of Apple in a report on Wednesday. Deutsche Bank Aktiengesellschaft downgraded shares of Apple from a “buy” rating to a “hold” rating in a report on Monday, August 17th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Apple in a research note on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Apple presently has an average rating of “Moderate Buy” and a consensus price target of $340.12.
Get Our Latest Research Report on AAPL
Apple Company Profile (Free Report)
Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.
Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.
Recommended Stories Five stocks we like better than Apple Is Texas Instruments Setting Up for Its Next Big Breakout? Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was Tesla’s Flying-Car Hype Hits an Earnings Reality Check
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Davis Rea LTD. raised its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 166.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 69,832 shares of the iPhone maker’s stock after buying an additional 43,618 shares during the period. Apple accounts for 6.7% of Davis Rea LTD.’s investment portfolio, making the stock its 7th biggest holding. Davis Rea LTD.’s holdings in Apple were worth $23,255,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Prospect Hill Management LLC purchased a new position in shares of Apple in the 2nd quarter worth about $146,370,000. Focus Partners Advisor Solutions LLC purchased a new stake in Apple during the second quarter worth about $168,646,000. Wealthfront Advisers LLC purchased a new stake in Apple during the second quarter worth about $482,388,000. Satovsky Asset Management LLC purchased a new stake in Apple during the second quarter worth about $16,064,000. Finally, Gouws Capital LLC raised its position in Apple by 136.9% in the third quarter. Gouws Capital LLC now owns 37,504 shares of the iPhone maker’s stock worth $12,490,000 after acquiring an additional 21,676 shares during the period. Institutional investors own 67.73% of the company’s stock.
Key Headlines Impacting Apple Here are the key news stories impacting Apple this week:
Positive Sentiment: Strong iPhone Duo demand is the main catalyst. Preorders for the $1,999 foldable reportedly sold out quickly, with delivery dates extending into 2027. DigiTimes reported that Apple raised its 12-month shipment target by 44% to 14 million units, up from an initial 9.7 million. iPhone Duo preorder surge prompts Apple to raise shipment targets Positive Sentiment: The foldable launches Friday with supply constrained. Limited store inventory, combined with online backorders, could support near-term pricing power and signal meaningful demand for a new premium product category. Apple bets iPhone Duo can remake foldable market Positive Sentiment: Apple is increasingly viewed as an AI “safe haven.” Investors are favoring the company’s substantial cash generation and device-focused AI strategy over rivals committing enormous sums to centralized data centers. Berkshire Hathaway’s continued large Apple holding also reinforces the stock’s defensive appeal. Apple’s Cash Flow Machine Makes It Investors’ Favorite AI Hedge Positive Sentiment: Additional growth opportunities are emerging. Apple is expanding its smart-home ecosystem with Schneider Electric and has another product event scheduled for October 28, potentially providing further catalysts. Schneider Electric teams up with Apple on smart-home products Neutral Sentiment: Valuation remains the key debate. Apple’s approximately 40 times earnings multiple and $5 trillion valuation leave investors dependent on strong holiday sales, expanding margins and sustained product growth. Analysts remain divided, with some projecting another major growth phase while others see limited upside. Negative Sentiment: Loop Capital downgraded AAPL to Hold over valuation and concerns about iPhone shipment prospects, creating a counterweight to the upbeat foldable-phone reports. Apple slips as Loop Capital downgrades on iPhone shipment concerns Negative Sentiment: Insider selling and ETF outflows add modest pressure. SVP Jennifer Newstead sold 2,399 shares worth about $815,000, while reports also cited net ETF selling and additional insider transactions. These trades are relatively small compared with Apple’s size but may reinforce valuation concerns. Apple Trading Up 1.2% Shares of AAPL opened at $348.22 on Friday. The business has a 50-day moving average of $328.91 and a 200 day moving average of $309.07. Apple Inc. has a fifty-two week low of $243.42 and a fifty-two week high of $348.36. The firm has a market cap of $5.08 trillion, a P/E ratio of 39.93, a price-to-earnings-growth ratio of 2.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.13. The business had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%. The firm’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.57 EPS. As a group, research analysts forecast that Apple Inc. will post 8.75 EPS for the current year.
Apple Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were paid a $0.27 dividend. The ex-dividend date was Monday, August 10th. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. Apple’s dividend payout ratio (DPR) is presently 12.39%.
Insider Buying and Selling at Apple In related news, SVP Deirdre O’brien sold 46,389 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $333.42, for a total transaction of $15,467,020.38. Following the sale, the senior vice president directly owned 136,810 shares in the company, valued at approximately $45,615,190.20. This represents a 25.32% decrease in their position. The sale was disclosed in a filing 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, SVP Jennifer Newstead sold 2,399 shares of the firm’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total transaction of $806,495.82. Following the completion of the transaction, the senior vice president directly owned 41,992 shares of the company’s stock, valued at approximately $14,116,870.56. This trade represents a 5.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 286,853 shares of company stock worth $95,477,342 over the last three months. Company insiders own 0.06% of the company’s stock.
Analyst Upgrades and Downgrades A number of research analysts have weighed in on AAPL shares. The Goldman Sachs Group began coverage on shares of Apple in a research note on Monday, August 17th. They issued a “buy” rating on the stock. CICC Research increased their target price on shares of Apple from $310.00 to $340.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Daiwa Securities Group raised their price target on shares of Apple from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Oppenheimer reaffirmed a “market perform” rating on shares of Apple in a report on Thursday, September 10th. Finally, BTIG Research assumed coverage on Apple in a research note on Monday, August 17th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $340.12.
View Our Latest Analysis on Apple
Apple Profile (Free Report)
Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.
Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.
Recommended Stories Five stocks we like better than Apple Is Texas Instruments Setting Up for Its Next Big Breakout? Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was Tesla’s Flying-Car Hype Hits an Earnings Reality Check Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).
Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.
Financial Planning Hawaii ve třetím čtvrtletí snížila svůj podíl ve společnosti Apple o 3,3 % prodejem 2 046 akcií; nadále drží 60 595 akcií v hodnotě 20,179 milionu USD.
Financial Planning Hawaii Inc. lessened its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 3.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,595 shares of the iPhone maker’s stock after selling 2,046 shares during the quarter. Apple makes up about 10.8% of Financial Planning Hawaii Inc.’s portfolio, making the stock its biggest position. Financial Planning Hawaii Inc.’s holdings in Apple were worth $20,179,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. State Street Corp boosted its position in Apple by 4.7% during the second quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock valued at $182,897,769,000 after purchasing an additional 28,321,085 shares in the last quarter. Berkshire Hathaway Inc bought a new position in Apple in the second quarter worth about $65,950,297,000. Bank of America Corp DE purchased a new stake in shares of Apple during the second quarter valued at about $36,986,090,000. Legal & General Group Plc bought a new stake in shares of Apple in the 2nd quarter valued at about $30,443,242,000. Finally, Amundi grew its position in shares of Apple by 23.2% in the 1st quarter. Amundi now owns 73,082,616 shares of the iPhone maker’s stock worth $18,547,637,000 after buying an additional 13,780,080 shares during the last quarter. 67.73% of the stock is currently owned by hedge funds and other institutional investors.
Apple News Summary Here are the key news stories impacting Apple this week:
Positive Sentiment: Strong iPhone Duo demand is the main catalyst. Preorders for the $1,999 foldable reportedly sold out quickly, with delivery dates extending into 2027. DigiTimes reported that Apple raised its 12-month shipment target by 44% to 14 million units, up from an initial 9.7 million. iPhone Duo preorder surge prompts Apple to raise shipment targets Positive Sentiment: The foldable launches Friday with supply constrained. Limited store inventory, combined with online backorders, could support near-term pricing power and signal meaningful demand for a new premium product category. Apple bets iPhone Duo can remake foldable market Positive Sentiment: Apple is increasingly viewed as an AI “safe haven.” Investors are favoring the company’s substantial cash generation and device-focused AI strategy over rivals committing enormous sums to centralized data centers. Berkshire Hathaway’s continued large Apple holding also reinforces the stock’s defensive appeal. Apple’s Cash Flow Machine Makes It Investors’ Favorite AI Hedge Positive Sentiment: Additional growth opportunities are emerging. Apple is expanding its smart-home ecosystem with Schneider Electric and has another product event scheduled for October 28, potentially providing further catalysts. Schneider Electric teams up with Apple on smart-home products Neutral Sentiment: Valuation remains the key debate. Apple’s approximately 40 times earnings multiple and $5 trillion valuation leave investors dependent on strong holiday sales, expanding margins and sustained product growth. Analysts remain divided, with some projecting another major growth phase while others see limited upside. Negative Sentiment: Loop Capital downgraded AAPL to Hold over valuation and concerns about iPhone shipment prospects, creating a counterweight to the upbeat foldable-phone reports. Apple slips as Loop Capital downgrades on iPhone shipment concerns Negative Sentiment: Insider selling and ETF outflows add modest pressure. SVP Jennifer Newstead sold 2,399 shares worth about $815,000, while reports also cited net ETF selling and additional insider transactions. These trades are relatively small compared with Apple’s size but may reinforce valuation concerns. Insider Activity at Apple In other Apple news, SVP Deirdre O’brien sold 46,389 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $333.42, for a total transaction of $15,467,020.38. Following the transaction, the senior vice president owned 136,810 shares in the company, valued at approximately $45,615,190.20. This represents a 25.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Timothy Cook sold 191,753 shares of the firm’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $332.96, for a total transaction of $63,846,078.88. Following the completion of the transaction, the insider directly owned 3,264,168 shares of the company’s stock, valued at approximately $1,086,837,377.28. This represents a 5.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 286,853 shares of company stock worth $95,477,342. 0.06% of the stock is owned by company insiders. Apple Price Performance Shares of AAPL stock opened at $348.22 on Friday. Apple Inc. has a fifty-two week low of $243.42 and a fifty-two week high of $348.36. The firm has a market capitalization of $5.08 trillion, a price-to-earnings ratio of 39.93, a PEG ratio of 2.72 and a beta of 1.07. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The stock’s 50-day simple moving average is $328.91 and its 200-day simple moving average is $309.07.
Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.13. The firm had revenue of $109.42 billion for the quarter, compared to the consensus estimate of $109.04 billion. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.57 earnings per share. As a group, equities analysts forecast that Apple Inc. will post 8.75 earnings per share for the current fiscal year.
Apple Announces Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Apple’s payout ratio is currently 12.39%.
Wall Street Analyst Weigh In Several research firms recently commented on AAPL. Evercore set a $380.00 price objective on shares of Apple and gave the stock an “outperform” rating in a research note on Friday, September 18th. Rothschild & Co Redburn set a $400.00 target price on shares of Apple and gave the company a “buy” rating in a research report on Monday, August 17th. Raymond James Financial restated a “market perform” rating on shares of Apple in a research note on Friday, July 31st. BTIG Research started coverage on shares of Apple in a report on Monday, August 17th. They issued a “neutral” rating on the stock. Finally, Loop Capital downgraded Apple from a “buy” rating to a “hold” rating and reduced their price target for the stock from $370.00 to $330.00 in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $340.12.
View Our Latest Analysis on AAPL
About Apple (Free Report)
Apple Inc designs, develops and sells consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware ecosystem.
Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.
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Meta Platforms odložila účinnost nových podmínek používání z 30. října na 20. listopadu po námitkách vydavatelů a digitálních inzerentů ohledně využívání obsahu pro umělou inteligenci.
Meta Platforms (META.O) will delay the implementation of updated commercial terms to November 20 from October 30 so it can address concerns from publishers and digital advertisers, the US tech company said on Friday, in a move that could stave off potential regulatory action.
Meta's move followed complaints by publishers and digital advertisers to EU and UK antitrust authorities about its new commercial terms, which they said would give the company an unlimited right to use their content for its AI services. Meta has rejected the claims.
"We are extending the effective date of our updated Commercial Terms and Self-Serve Ad Terms to 20 November to allow more time for us to explain to our partners and stakeholders what's changing and what's not," a Meta spokesperson said in an email.
The company will explain how Meta uses web crawlers, and the fact that content owners will still be able to use robots.txt to signal preferences, the spokesperson said.
The EU antitrust watchdog said it welcomed the delay amid discussions with the company on the proposed commercial terms.
It said it had sent requests for information to companies that have not published summaries about the data used to train their models.
Publishers worldwide are ramping up their fight with AI companies that use their content without permission to train large language models, underscoring the clash between copyright owners and those citing fair-use arguments.
Tesla's European sales are telling a story that contradicts everything happening in its home market, and the reason behind the turnaround may surprise investors watching the company's global strategy.
Europe’s car market is OK, and September registration numbers show it. In the first nine months of the year, total registrations in the region were up 5.7% to 8,517,058. The organization reported that 22.7% were EVs. The report came from the ACEA, the official tracker of registrations in the area.
Tesla (NASDAQ: TSLA | TSLA Price Prediction) registrations surged in the same period, up 69.9% to 188,035. The momentum picked up in September. Tesla registrations rose 78.6% to 45,866. The EU appears to be Tesla’s best market as EV sales falter in the US, and Tesla faces dozens of China-based EVs operating in its home market.
The one thing that should make Tesla management nervous about the EU is that archrival BYD registered 206,022 vehicles in the first nine months, which was a 154.4% surge.
Tesla is making an EU comeback. Through much of 2025, its sales dropped precipitously. Some observers believe this was because of Elon Musk’s association with Donald Trump and what was seen as meddling in EU politics. Those problems appear to have disappeared.
In its home market, Tesla has a market share just north of 50%. However, US EV sales overall are down 30.7% year over year in the first nine months compared to the same period last year. In 2025, from January through September, EVs accounted for 8.5% of new car sales. That has fallen to 6%. Most experts believe that this is because the $7,500 federal tax credit for EVs ended September 30.
Gas prices are higher in most of the EU compared to the US. That may be another reason for rapid adoption.
Tesla needs a boost. Its third-quarter earnings drove the stock down, and unit sales were less than thrilling. Tesla said it delivered 486,582 vehicles, which was about flat with the year before.
In China, there were once over 100 EV companies. It was clear that number would drop. However, the leaders have a large market share, and Tesla will not overcome that.
The EU shows that Tesla can turn a market around. Most of its competition in the US has shut down because of poor sales. It has a chance to make its sales in its home market look more like the EU numbers.
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In its upcoming report, Alphabet (GOOGL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $2.94 per share, reflecting an increase of 2.4% compared to the same period last year. Revenues are forecasted to be $111.64 billion, representing a year-over-year increase of 27.6%.
The current level reflects an upward revision of 1.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Alphabet metrics that are routinely monitored and predicted by Wall Street analysts.
It is projected by analysts that the 'Revenues- Google advertising' will reach $83.52 billion. The estimate indicates a year-over-year change of +12.6%.
Based on the collective assessment of analysts, 'Revenues- YouTube ads' should arrive at $11.34 billion. The estimate indicates a change of +10.6% from the prior-year quarter.
Analysts forecast 'Revenues- Google Cloud' to reach $29.16 billion. The estimate indicates a year-over-year change of +92.4%.
According to the collective judgment of analysts, 'Revenues- Google subscriptions, platforms, and devices' should come in at $14.85 billion. The estimate indicates a change of +15.4% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenues- Google Search & other' will likely reach $64.99 billion. The estimate points to a change of +14.9% from the year-ago quarter.
The consensus among analysts is that 'Revenues- Google Services total' will reach $98.42 billion. The estimate suggests a change of +13.1% year over year.
The consensus estimate for 'Revenues- EMEA' stands at $34.62 billion. The estimate points to a change of +15.7% from the year-ago quarter.
The average prediction of analysts places 'Revenues- United States' at $64.36 billion. The estimate suggests a change of +32% year over year.
The collective assessment of analysts points to an estimated 'Revenues- Other Americas (Canada and Latin America)' of $7.15 billion. The estimate indicates a change of +17.9% from the prior-year quarter.
Analysts' assessment points toward 'Revenues- APAC' reaching $22.01 billion. The estimate points to a change of +23.5% from the year-ago quarter.
Analysts expect 'Total TAC (traffic acquisition costs)' to come in at $16.53 billion. The estimate is in contrast to the year-ago figure of $14.88 billion.
Analysts predict that the 'Headcount (Number of employees)' will reach 200,611 . The estimate is in contrast to the year-ago figure of 190,167 .
View all Key Company Metrics for Alphabet here>>>
Over the past month, shares of Alphabet have returned -5.3% versus the Zacks S&P 500 composite's -1.2% change. Currently, GOOGL carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
