Intel Stock Jumps as Northland Turns Bullish and CPU Price Hike Looms Summary
A separate report said Intel could raise CPU prices by as much as 10%, adding another catalyst for the chipmaker
Intel INTC shares gained 4% on Tuesday after Northland Securities lifted its rating and a report pointed to possible increases in the company's CPU prices.
Northland analyst Gus Richard moved his view to Outperform from Market Perform and set a $120 price target. He cited progress in Intel's turnaround and said the company could continue benefiting from tight supply of server processors.
Richard also pointed to Intel's work with Tesla TSLA on the Terafab semiconductor project as a potential boost for Intel's foundry operations, which manufacture chips for customers.
Separately, DigiTimes reported that Intel could raise CPU prices by as much as 10%, citing people familiar with the matter. The potential increase would cover Intel's processor business and comes as the company seeks to improve its financial and manufacturing position.
The combination of a more favorable analyst view and potential pricing changes gave Intel shares a lift in premarket trading. The report on CPU prices was separate from Northland's rating action.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
As Intel Corp. (NASDAQ: INTC) stock rallied nearly 20% over the past 5 days through September 8, 2026, catalyzed by its strong pricing power amid its growing capacity in the artificial intelligence (AI) supply chain, Gus Richard, a Wall Street analyst at Northland Securities, upgraded semiconductor giant from ‘Market Perform’ to ‘Outperform’.
Richard raised the firm’s 12-month rating and set a price target for Intel stock at $120. With INTC price hovering at $104.72 at the time of writing, this analyst signals a potential 14.59% upside.
He based his bullish thesis on the company’s major capital allocations, its long-term valuation targets, and structural capacity spending. Specifically, Northland Securities highlighted Intel’s strategic alignment with the mega-scale Terafab project, which is jointly backed by Space Exploration Technologies Corp. (NASDAQ: SPCX) alongside Tesla Inc. (NASDAQ: TSLA).
Notably, Terafab is expected to command an initial Phase 1 capital investment of $55 billion and an estimated $120 billion in total build-out expenses through the late 2030s. Amid the anticipated geopolitical uncertainty between China and Taiwan over the next 18 months, Richard believes that Intel is well positioned to reap from server Central Processing Unit (CPU) shortages.
“The analyst expects Intel’s turnaround and Terafab relationship to strengthen its foundry business and support outperformance,” Northland Securities noted.
Is Intel a good stock to buy? At press time, 31 Wall Street analysts surveyed by TipRanks, over the past three months, have set an average 12-month price target of $116.31.
Intel stock forecast. Source: TipRanks The highest 12-month price target for Intel stock is $200 while the lowest is $80.
INTC price performance Year-to-date (YTD), INTC price has rallied by more than $165%. Consequently, this company has a market capitalization of around $506.4 billion.
INTC’s YTD chart. Source: Finbold If INTC continues to benefit from the rising AI spending amid its expected 10% hike in CPU prices, Richard’s 12-month target could materialize.
Featured image via Shutterstock
Best Crypto Exchange for Intermediate Traders and Investors
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.
30+ million Users worldwide
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD
Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!
Two things at Intel (INTC +9.05%) have nearly quadrupled over the past 12 months. One is the quarterly operating income of the chipmaker's data center business. The other is its stock price, which trades near $96 as of this writing, up from a 52-week low of $24.05 and about a third below the high of $142.35 it set in late June.
The rally has lifted Intel's market value to about $500 billion -- this for a company that lost $11 billion on paper in its most recent quarter. And the price is about 47 times what analysts think the company can earn next year.
The business is improving faster than it has in years. I just don't think it has improved as fast as the price.
Image source: Intel.
The data center business earned the rallyIntel's second-quarter revenue of $16.1 billion was up 25% year over year -- growth CEO Lip-Bu Tan called the company's strongest in more than 15 years.
No part of the company improved more than the data center and artificial intelligence (AI) segment. A year ago, the segment earned $633 million of operating income in a quarter. In the first quarter of 2026, it earned $1.5 billion. And in the second quarter, the figure reached $2.5 billion. Revenue growth is accelerating as well, from 22% in the first quarter to 59% in the second.
Management said the quarter's server growth was the strongest on record. The segment's operating margin, meanwhile, now sits at about 40%.
Companywide, adjusted earnings per share swung from a year-ago loss of $0.10 to a profit of $0.42.
The $11 billion net loss Intel reported for the period, meanwhile, traces to a $12.5 billion noncash charge tied to shares held in escrow for the U.S. government, which took a stake in the company last year. Cash from operations during the quarter was $7 billion.
Is the foundry fixed?Not yet -- but it is losing money more slowly. Intel Foundry's second-quarter revenue grew 31% year over year to $5.8 billion, and it still lost $2.1 billion at the operating line, an improvement from $3.2 billion in the same period last year. First-half losses total $4.5 billion, down from $5.5 billion a year earlier.
Nearly all of that revenue, however, still comes from Intel buying from itself. Customers outside the company accounted for just $293 million in the period, compared with $22 million in the same quarter of 2025. That leaves external sales at less than 2% of Intel's total revenue.
So far, Intel has yet to announce a high-volume outside customer for Intel 14A, its next-generation manufacturing process. The foundry did sign a named customer in July, when cybersecurity specialist Fortinet picked Intel to build its next security chip. But that chip will use an older Intel process, not 14A.
Of course, the spending comes first. David Zinsner, Intel's chief financial officer, said in the second-quarter earnings release that to support expected growth "this year and next across products and foundry, we are meaningfully increasing our investments in equipment, clean room space, and substrates."
Additionally, Intel sold about 242 million new shares at $95 apiece in August, raising about $23 billion. The sale gives Intel a war chest for the build-out, and it puts the share count about 20% above the year-ago average.
The stock is priced ahead of the businessIntel's adjusted earnings per share total $0.71 through two quarters, and management guided to $0.38 for the third. Even with a stronger fourth quarter, 2026 looks likely to land near $1.50 per share. Analysts expect about $2 next year.
Premium Feature
Moneyball Superscore
67/100
Today's Change
(
9.05
%) $
8.67
Current Price
$
104.47
That works out to 47 times next year's earnings with the stock at about $96. Taiwan Semiconductor Manufacturing (TSM +2.35%), the world's largest chip foundry and arguably the finished version of the business Intel is trying to build, costs about 20 times its expected earnings for next year.
In other words, the market is not paying for what Intel earns today. It is paying for what could happen: the data center segment keeps growing quickly, the foundry approaches breakeven, and outside customers sign on in volume. Each looks more believable after the second quarter. But at this valuation, all three need to happen just to hold the current price.
Ultimately, is Intel stock a buy after a year like that? I don't think so.
Growth could keep accelerating, and the foundry's losses could keep narrowing. The second quarter showed both. But the price already assumes years more of it. If I wanted to own a leading-edge foundry today, I'd rather buy Taiwan Semiconductor at less than half the forward price-to-earnings multiple. As for Intel, I'd wait for a better entry point.
California State Teachers Retirement System grew its stake in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 19,873.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,658,193 shares of the software company’s stock after acquiring an additional 125,029,070 shares during the quarter. California State Teachers Retirement System owned about 31.61% of Adobe worth $25,762,443,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Adobe during the second quarter valued at $8,437,821,000. Norges Bank purchased a new position in Adobe in the 4th quarter worth $2,275,165,000. Primecap Management Co. CA acquired a new stake in Adobe during the 2nd quarter worth about $1,071,668,000. Bank of New York Mellon Corp acquired a new stake in Adobe during the 2nd quarter worth about $954,468,000. Finally, Deutsche Bank AG purchased a new stake in Adobe during the 2nd quarter valued at about $750,203,000. 81.79% of the stock is currently owned by institutional investors and hedge funds.
Adobe Price Performance NASDAQ:ADBE opened at $266.51 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The company has a 50 day moving average price of $250.39 and a 200-day moving average price of $245.73. Adobe Inc. has a 1-year low of $190.12 and a 1-year high of $370.86. The firm has a market cap of $105.94 billion, a price-to-earnings ratio of 15.25, a price-to-earnings-growth ratio of 0.93 and a beta of 1.42.
Adobe (NASDAQ:ADBE – Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 EPS for the quarter, beating the consensus estimate of $5.82 by $0.14. Adobe had a net margin of 28.69% and a return on equity of 65.11%. The company had revenue of $6.62 billion for the quarter, compared to analyst estimates of $6.45 billion. During the same quarter last year, the business earned $5.06 earnings per share. The firm’s revenue was up 12.7% on a year-over-year basis. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. Equities research analysts forecast that Adobe Inc. will post 19.81 EPS for the current year. Key Stories Impacting Adobe Here are the key news stories impacting Adobe this week:
Positive Sentiment: RBC Capital maintained an Outperform rating and raised its price target to $315, citing expectations for an in-line third quarter and the importance of renewed annual recurring-revenue growth. The target implies meaningful upside from recent trading levels. RBC sets $315 target article Positive Sentiment: Adobe’s recent rally is being supported by strong fundamentals: second-quarter revenue reached roughly $6.6 billion, up 12.7% year over year, while AI-first ARR more than tripled to above $500 million. Investors will look for further evidence of monetization in Thursday’s results. Adobe Q3 earnings preview Positive Sentiment: Bank of America reportedly views Adobe more favorably than Oracle ahead of earnings, adding a positive relative-investment case for the software company. BofA Adobe versus Oracle analysis Neutral Sentiment: Adobe named Anil Chakravarthy president and CEO effective December 1, while longtime CEO Shantanu Narayen becomes executive chair. The transition could sharpen the company’s AI strategy, but investors will closely evaluate execution under the new leadership. Adobe CEO succession article Negative Sentiment: Analyst sentiment remains divided ahead of earnings. Several recent calls are Holds or Sells, and concerns include Adobe’s roughly 20% year-to-date decline, an open CFO search and uncertainty over whether AI growth can offset competitive pressure. Adobe analyst earnings preview Negative Sentiment: Retail investors and hedge funds appear sharply split, while reported insider activity shows six open-market sales and no purchases over the past six months. That divergence may reinforce concerns about near-term confidence in the stock. Adobe investor sentiment article Analyst Ratings Changes Several research analysts have recently issued reports on the company. The Goldman Sachs Group reduced their price objective on Adobe from $220.00 to $190.00 and set a “sell” rating for the company in a research note on Friday, June 12th. Jefferies Financial Group increased their price target on shares of Adobe from $230.00 to $285.00 and gave the stock a “hold” rating in a report on Sunday, August 30th. Oppenheimer reissued a “market perform” rating on shares of Adobe in a research report on Friday, June 12th. JPMorgan Chase & Co. decreased their price objective on shares of Adobe from $420.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, June 12th. Finally, Royal Bank Of Canada increased their price objective on shares of Adobe from $285.00 to $315.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Seven investment analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $278.72.
Check Out Our Latest Stock Report on ADBE
Insider Buying and Selling In other Adobe news, CAO Jillian Forusz sold 416 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $264.33, for a total transaction of $109,961.28. Following the transaction, the chief accounting officer owned 3,824 shares in the company, valued at approximately $1,010,797.92. This represents a 9.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David Ricks acquired 10,000 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was acquired at an average cost of $194.51 per share, for a total transaction of $1,945,100.00. Following the completion of the acquisition, the director owned 17,655 shares of the company’s stock, valued at $3,434,074.05. This trade represents a 130.63% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.20% of the company’s stock.
Adobe Profile (Free Report)
Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.
The company’s core offerings are organized around digital media and digital experience.
See Also Five stocks we like better than Adobe 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding ADBE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adobe Inc. (NASDAQ:ADBE – Free Report).
Receive News & Ratings for Adobe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adobe and related companies with MarketBeat.com's FREE daily email newsletter.
Adobe has delivered a 30% gain since my 2026 buy rating a few months back, but I am waiting for the next earnings report before reallocating capital. Despite ADBE's attractive forward PEG ratio of 0.78, broader market overextension and high correlation with NDX/SPX warrant caution. I expect ADBE to decline alongside the Nasdaq and S&P 500 if a market correction occurs, especially if triggered by Fed rate hikes.
Noted software company Adobe (ADBE -3.47%), maker of creative software tools such as Photoshop, Illustrator, and Premiere Pro, faces a critical week as it prepares its third-quarter earnings report after the market closes Sept. 10.
Adobe is at a crossroads as artificial intelligence reshapes the landscape of its business. Will AI's threat to traditional creative tools continue to weigh on the stock, or can Adobe make up some of the ground with its Firefly generative AI tools?
After a roller-coaster start to the year, Adobe stock is down 26% heading into earnings. Here's what investors should be looking for when Adobe steps up to the podium.
Image source: Getty Images.
About Adobe stockAdobe, which is based in San Jose, California, is a leading software company that derives much of its revenue from subscriptions to its flagship Creative Cloud ecosystem. The company's digital media business works with small businesses to create content for smartphones, e-readers, and other devices, and its target customers have been content creators, web designers, and digital media professionals.
The challenge for Adobe has been the rise of artificial intelligence, particularly generative AI tools. Before AI, a graphic designer would use Adobe's powerful media tools to change the background of an image, remove or add content, or otherwise manipulate the image. But generative AI has changed the landscape -- now anyone can enter a detailed prompt into one of many powerful AI engines to alter images or create entirely new content.
Warning flags for Adobe stock began flashing in early 2024, when the company issued weaker-than-expected guidance for the second quarter. The stock fell 11% in a single day, and investors began questioning if generative AI tools, such as OpenAI's Sora, would compete with and eventually surpass Adobe's software.
Meanwhile, companies such as Figma and Canva are threatening to cut into Adobe's market share. Canva now has more than 260 million users, and is particularly popular in classrooms. Figma has an estimated 13 million users, most of whom are outside the U.S.
Adobe's solution is FireflyOne of the best ways to combat an AI product is to develop your own, and that's what Adobe has done with Firefly -- a generative AI model that allows users to create graphics, images, and text effects from written prompts. Adobe incorporated Firefly into its Creative Cloud apps, such as Illustrator and Photoshop.
But the stock continued to fall as analysts criticized the company for focusing too heavily on Firefly adoption rather than generating meaningful revenue from the product.
ADBE data by YCharts
Time may prove that Adobe had the right strategy, however. The company reported AI-first annualized recurring revenue (ARR) of $500 million in the second quarter, tripling year over year. "We believe now is the time to aggressively acquire the next generation of Adobe loyalists," CEO Shantanu Narayen told analysts in June.
Overall, Adobe reported revenue of $6.62 billion in the second quarter, up 13%, and total ARR of $27.10 billion, including about $480 from the company's recent acquisition of Semrush. Diluted earnings per share were $4.25 on a GAAP basis.
Premium Feature
Moneyball Superscore
80/100
Today's Change
(
-3.47
%) $
-9.25
Current Price
$
257.26
What should investors look for in Adobe's earnings on Sept. 10?Adobe is walking a narrow line. Analysts want to see greater monetization from AI, but management knows it needs to offer a freemium product to entice new users to try its platform rather than using Claude, OpenAI, Grok, or another service.
"The proliferation of media generation models is reshaping and democratizing content workflows from ideation through delivery," Narayen said. "AI-first applications that will serve broader audiences need to provide free, intuitive onboarding that drives usage and monetization through paywalls. Big picture, the immediate opportunity for Adobe is to accelerate new user acquisition and lifetime value through a freemium offering."
A successful quarter means threading the needle: Adobe shows substantial growth in its AI business while also increasing engagement through its freemium products. And it needs to do so while undergoing a major C-suite transition -- Narayen announced in March that he would step down this year, and Anil Chakravarthy, president of Adobe's customer experience orchestration business, will become CEO on Dec. 1 as Narayen becomes executive chair. Adobe is also looking for a new chief financial officer, as Dan Durn moved to Marvell Technology in June.
While I believe in Adobe's strategy, today's stock market is very much driven by a "show-me" mentality that rewards results over long-term planning and potential. For that reason, I'm expecting Adobe stock to slip after its earnings report on Sept. 10.
ADBE heads into fiscal Q3 earnings with strong AI and subscription momentum, but freemium pressure, rising investments and stiff competition cloud the outlook.
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- SueWallSt notifies investors in Hertz Global Holdings, Inc. (NASDAQ: HTZ) that a class action has been filed on behalf of shareholders who purchased securities between May 7, 2026 and June 23, 2026. Submit your information now or call (888) SueWallSt.
HTZ closed at $3.00 on June 24, 2026, a fall of about 40.71% from the previous day’s closing price of $5.06. The lead plaintiff deadline is September 22, 2026.
Alleged SEC Filing Compliance Issue
The complaint challenges Hertz's May 8, 2026 Form 10-Q, which stated that the Company's cash, liquidity facilities, and refinancing options “will be sufficient to fund our operating activities and obligations for the next twelve months and for the foreseeable future thereafter.” The action contends that this regulatory compliance language was materially misleading because Hertz allegedly faced deteriorating liquidity and used-car market pressure that made a distressed financing more likely than investors were told.
Weeks later, Hertz announced $300 million of Exchangeable Senior First-Lien Secured PIK Notes due 2030, a share-lending offering of more than 37 million shares, “unexpected softness in the used car market,” and second-quarter Adjusted Corporate EBITDA guidance of only $50 million to $80 million.
Disclosure Gaps Alleged in Regulatory Compliance Review
The Form 10-Q allegedly repeated positive liquidity and fleet-management messaging from Hertz's first-quarter release.The filing stated that available resources would be sufficient for the next twelve months and beyond.The complaint alleges Hertz's liquidity was deteriorating more rapidly than represented.Plaintiffs contend used-car market softness was not merely isolated or transitory.The action asserts that dilution risk from a distressed capital raise was not adequately disclosed to investors. Why the SEC Disclosure Adequacy Allegations Matter
The lawsuit alleges that investors relied on Hertz's SEC filings and public statements when evaluating HTZ shares during a short Class Period. The regulatory compliance issue centers on whether risk disclosures were specific enough to alert investors to alleged liquidity strain, residual-value pressure, and the potential need for dilutive financing.
“SEC filings are often where investors look for the clearest statements about liquidity and near-term obligations. Here, the complaint alleges that Hertz's Form 10-Q presented liquidity as sufficient while material financing and used-car market risks were not adequately disclosed.” -- Joseph E. Levi, Esq.
Find out if you might qualify to recover losses or call (888) SueWallSt.
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the HTZ Lawsuit
Q: What is the HTZ class action lawsuit about? A: A securities class action has been filed against Hertz Global Holdings, Inc. (NASDAQ: HTZ) alleging materially false and misleading statements between May 7, 2026 and June 23, 2026. Shares fell more than 40% after the Company announced a dilutive PIK note financing, a share-lending offering of more than 37 million shares, unexpected used-car market softness, and reduced second-quarter Adjusted Corporate EBITDA guidance.
Q: Who is eligible to participate in the HTZ investor lawsuit? A: Investors who purchased HTZ stock or securities between May 7, 2026 and June 23, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.
Q: What specific misstatements does the HTZ lawsuit allege? A: The complaint alleges Hertz made materially false or misleading statements regarding liquidity, fleet depreciation, used-car market conditions, and its ability to fund operations without distressed financing. When Hertz disclosed the financing, market softness, and reduced EBITDA guidance, the stock price declined sharply.
Q: What court was the HTZ class action filed in? A: The case was filed in the United States District Court for the Middle District of Florida, Ft. Myers Division, and asserts claims under the Securities Exchange Act of 1934.
Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.
Q: What documents should HTZ investors gather? A: Investors should gather brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form to seek their portion.
Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Hertz Global Holdings, Inc. (“Hertz” or the “Company”) (NASDAQ: HTZ) on behalf of investors that purchased or otherwise acquired Hertz common stock between May 7, 2026 and June 23, 2026 (the “Class Period”).
CLICK HERE TO JOIN THE CASE
If you are an investor in Hertz and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 22, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, on June 24, 2026, before the market opened, and just weeks after assuring investors that the Company’s liquidity would be “sufficient to fund our operating activities and obligations for the next twelve months and for the foreseeable future thereafter” and projected year-end liquidity “north of $1.5 billion,” Hertz announced a massive dilutive capital raise. Further, the complaint alleges that on this news, the price of Hertz’s common stock declined more than 40% to close at $3.00 per share on June 24, 2026.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003 [email protected]
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704 [email protected]
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
New York, New York--(Newsfile Corp. - September 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Hertz Global Holdings, Inc. (NASDAQ: HTZ) between May 7, 2026 and June 23, 2026, inclusive (the "Class Period"), of the important September 22, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Hertz common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Hertz class action, go to https://rosenlegal.com/cases/hertz-global-holdings-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Hertz's liquidity was deteriorating far more rapidly than represented, and Hertz's available liquidity was not sufficient to fund its operations and obligations for the next twelve months without resorting to a distressed, dilutive financing; (2) the softness in the used-car market that defendants had characterized as "isolated to the quarter" and "transitory" had in fact recurred and was materially depressing Hertz's net depreciation per unit ("DPU") and Adjusted Corporate EBITDA; (3) as a result of the foregoing, Hertz was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders; and (4) as a result of the foregoing, defendants' positive statements about Hertz's business, operations, and liquidity position were materially false and misleading and lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Hertz class action, go to https://rosenlegal.com/cases/hertz-global-holdings-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313395
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
New York, New York--(Newsfile Corp. - September 8, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ: HTZ) on behalf of investors that purchased or otherwise acquired Hertz common stock between May 7, 2026 and June 23, 2026 (the "Class Period").
CLICK HERE TO JOIN THE CASE
If you are an investor in Hertz and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than September 22, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, on June 24, 2026, before the market opened, and just weeks after assuring investors that the Company's liquidity would be "sufficient to fund our operating activities and obligations for the next twelve months and for the foreseeable future thereafter" and projected year-end liquidity "north of $1.5 billion," Hertz announced a massive dilutive capital raise. Further, the complaint alleges that on this news, the price of Hertz's common stock declined more than 40% to close at $3.00 per share on June 24, 2026.
WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Hertz Global Holdings, Inc. (“Hertz” or the “Company”) (NASDAQ: HTZ). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether Hertz and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until September 22, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Hertz securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On June 24, 2026, before the market opened, and just weeks after assuring investors that the Company’s liquidity would be “sufficient to fund our operating activities and obligations for the next twelve months and for the foreseeable future thereafter” and projected year-end liquidity “north of $1.5 billion,” Hertz announced a massive dilutive capital raise. Through its wholly owned indirect subsidiary, Hertz intended to offer $300 million of Exchangeable Senior First-Lien Secured PIK Notes due 2030, together with a concurrent share-lending offering of more than 37 million shares of common stock from which the Company would receive no proceeds, and simultaneously disclosed that “unexpected softness in the used car market” had caused losses on the sale of vehicles in May 2026 and would drive second-quarter Adjusted Corporate EBITDA down to a range of just $50 million to $80 million.
On this news, Hertz’s stock price fell $2.06 per share, or 40.71%, to close at $3.00 per share on June 24, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Hertz Global Holdings, Inc. (NASDAQ: HTZ) between May 7, 2026 and June 23, 2026, inclusive (the “Class Period”), of the important September 22, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Hertz common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Hertz class action, go to https://rosenlegal.com/cases/hertz-global-holdings-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 22, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Hertz’s liquidity was deteriorating far more rapidly than represented, and Hertz’s available liquidity was not sufficient to fund its operations and obligations for the next twelve months without resorting to a distressed, dilutive financing; (2) the softness in the used-car market that defendants had characterized as “isolated to the quarter” and “transitory” had in fact recurred and was materially depressing Hertz’s net depreciation per unit (“DPU”) and Adjusted Corporate EBITDA; (3) as a result of the foregoing, Hertz was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders; and (4) as a result of the foregoing, defendants’ positive statements about Hertz’s business, operations, and liquidity position were materially false and misleading and lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Hertz class action, go to https://rosenlegal.com/cases/hertz-global-holdings-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds Hertz Global Holdings, Inc. (“Hertz” or the “Company”) (NASDAQ: HTZ) investors of the September 22, 2026 deadline to seek the role of lead plaintiff in a pending federal securities class action. Investors are encouraged to contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
What Is The Lawsuit About?
The lawsuit has been filed on behalf of investors who purchased securities during the period of May 7, 2026 and June 23, 2026, inclusive (“the Class Period”). The lawsuit alleges that Hertz made materially false and misleading statements and/or failed to disclose the following adverse facts: (i) Hertz’s liquidity was deteriorating far more rapidly than represented, and the Company’s available liquidity was not sufficient to fund its operations and obligations for the next twelve months as management had represented, without resorting to a distressed, dilutive financing; (ii) the softness in the used-car market that the Company had previously characterized as “isolated to the quarter” and “transitory” had in fact recurred and was materially depressing the Company’s net depreciation per unit (“DPU”) and Adjusted Corporate EBITDA; (iii) as a result of the foregoing, the Company was likely to undertake a dilutive, distressed capital raise that would materially harm existing shareholders; and (iv) as a result of the foregoing, Defendant’s positive statements about Hertz’s business, operations, and liquidity position were materially false and misleading and lacked a reasonable basis.
On June 24, 2026, Hertz announced a dilutive capital raise. The Company intended to offer $300 million of Exchange Senior First-Lien Secured PIK Notes due 2030, as well as a concurrent share-lending offering of more than 37 million shares of common stock. Additionally, the Company disclosed that “unexpected softness in the used car market” had caused losses on vehicle sales in May 2026 and would drive second-quarter Adjusted Corporate EBITDA down to $50 million to 80 million. On this news, Hertz’s stock price declined by $2.06 per share, or more than 40%, to close at $3.00 per share on June 24, 2026.
[CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]
What Should I Do?
If you purchased or otherwise acquired Hertz securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
What is the Lead Plaintiff Deadline?
Courts do not consider applications filed after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions. Learn more about the lead plaintiff process and eligibility requirements here.
[WHAT IS A SECURITIES CLASS ACTION?]
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?
Let's take a look at what these Wall Street heavyweights have to say about Shopify (SHOP - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Shopify currently has an average brokerage recommendation (ABR) of 1.53, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 48 brokerage firms. An ABR of 1.53 approximates between Strong Buy and Buy.
Of the 48 recommendations that derive the current ABR, 33 are Strong Buy and four are Buy. Strong Buy and Buy respectively account for 68.8% and 8.3% of all recommendations.
Brokerage Recommendation Trends for SHOP
Check price target & stock forecast for Shopify here>>>
The ABR suggests buying Shopify, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Is SHOP a Good Investment?In terms of earnings estimate revisions for Shopify, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.89.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Shopify. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Shopify.
GLP-1 Demand Is Creating a New Dividend Angle in These 4 Logistics StocksFedEx NYSE: FDX executives outlined how the company is using data, artificial intelligence and network integration to reduce costs, improve delivery precision and expand into supply-chain technology services during Citi’s TMT conference.
President and CEO Raj Subramaniam said the company remains focused on its previously stated calendar 2029 targets of modest revenue growth, double-digit earnings growth and $6 billion in free cash flow. He said FedEx is seeing underlying business momentum and is “well on our way” toward those objectives.
Get FedEx alerts:
Network transformation and cost reduction FedEx’s Earnings Drop May Be Missing the Bigger Freight StorySubramaniam said FedEx began a structural cost-reduction program in 2022 and has removed billions of dollars from its cost structure. The company has previously cited $4 billion in savings from its DRIVE program and another $2 billion associated with Network 2.0.
A central component of that transformation is combining what had been relatively independent U.S. Express and Ground networks. Subramaniam described the effort as one of the largest industrial transformations in recent history. FedEx was about 42% complete at the time of its last earnings call, he said, expects to reach 62% completion by year-end and remains on track to finish the work next year.
3 Stocks to Watch If the Strait of Hormuz ReopensTechnology has been essential to the effort, according to Subramaniam. He said the company’s development of a digital twin of its network has supported both cost savings and network integration while establishing a foundation for new customer services.
FedEx operates 700 aircraft, 200,000 trucks and 5,000 facilities, Subramaniam said. The company generates roughly 2 petabytes of data daily through a network that moves about $2 trillion of commerce annually.
AI applications target efficiency and service precision Vishal Talwar, FedEx’s executive vice president and chief digital and information officer, said the company views AI as still being in its early stages for logistics. FedEx is applying the technology internally to improve efficiency while also using it to differentiate services and create new revenue streams.
Among current applications, Talwar said AI has reduced aircraft-maintenance research time from 30 minutes to three minutes, representing an approximately 90% efficiency improvement. The company has also reduced its predictable delivery-time window to two hours from four hours, enabling parcels to be placed within two hours of their estimated arrival times.
FedEx is using computer vision to identify non-standard packages and recover surcharge revenue that otherwise could have been missed. Talwar said that initiative is already delivering annual benefits of more than tens of millions of dollars.
Subramaniam said small operational improvements can have outsized effects in an “inventory in motion” network. At the company’s Memphis hub, for example, FedEx has improved flight arrival time by eight minutes, which he characterized as a meaningful gain for operations.
Expanding into supply-chain visibility and orchestration FedEx executives said the company sees an opportunity to address inefficiencies across broader supply chains rather than only in transportation. Subramaniam estimated that global supply chains contain $1.9 trillion in inefficiency.
Talwar said customers in high-value business-to-business sectors including healthcare, automotive, aerospace, data centers and high technology are seeking visibility across sourcing, manufacturing, suppliers, inbound and outbound logistics. In healthcare, FedEx is helping medical-device manufacturers connect inventory and supplier insights with hospital systems, allowing customers to identify demand signals earlier and potentially rebalance inventory.
The company also offers SenseAware, a monitoring capability for high-value shipments that can track conditions such as temperature and surrounding weather. FedEx’s Surround capability provides package-location visibility. Talwar said 40% of FedEx healthcare customers use one of those two capabilities.
Through its DataWorks organization, formed roughly four or five years ago, FedEx is developing businesses around proprietary data insights, externalizing internal technology solutions and supply-chain orchestration. Talwar said the orchestration platform includes modules for inventory flow, supplier insights, demand management, forecasting and yard management.
FedEx has partnered with Dun & Bradstreet on a Retail Momentum Index that Subramaniam said provides a leading indicator for U.S. retail sales. He also said FedEx DataWorks recently announced a relationship with the U.S. Army to help orchestrate its supply chain.
Physical automation remains a focus FedEx is also pursuing physical AI for truck loading and unloading, two areas Subramaniam said remain difficult to automate because packages vary in size, shape and weight. The company expects to deploy robots for those tasks in Hagerstown, Maryland, before December, he said.
In addition, FedEx is working with Aurora on automated trucks for facility-to-facility highway routes. Subramaniam said autonomous driving is easier to deploy on highways, while human drivers can continue handling operations within facilities.
Looking ahead, Talwar said FedEx’s priority is to make supply chains more connected and predictive. He said the industry’s eventual shift from printed labels toward active, intelligent labels could create additional opportunities. Subramaniam said FedEx’s physical network and first-party data provide a competitive advantage as the company seeks to position itself as a platform that customers and partners can use to create additional value.
About FedEx (NYSE:FDX)FedEx Corporation NYSE: FDX is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.
FedEx's core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in FedEx Right Now?Before you consider FedEx, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FedEx wasn't on the list.
While FedEx currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
NEW YORK--(BUSINESS WIRE)--Pfizer Inc. (NYSE: PFE) invites investors and the general public to listen to a webcast of a discussion with Albert Bourla, Chairman and Chief Executive Officer, at the Morgan Stanley 24th Annual Global Healthcare Conference on Monday, September 14, 2026 at 10:45 a.m. EDT. To listen to the webcast, visit our web site at www.pfizer.com/investors. Information on accessing and registering for the webcast will be available at www.pfizer.com/investors beginning today. The.
In the world of big pharmaceutical companies, Pfizer (PFE -2.32%) stock has been a notable laggard over the past few years. It was something of a surprise, then, when it outperformed many of its peers by racing nearly 14% higher over the course of last month. A better-than-expected quarterly earnings report had something to do with that, as did several regulatory advancements.
2 beats and 1 raise The first significant stock-moving event for Pfizer that month was the release of its second-quarter earnings report on Aug. 4. Revenue for the pharmaceutical giant rose by 3% to $15 billion, while net income not under generally accepted accounting principles (non-GAAP, or adjusted) was up marginally to $4.4 billion, or $0.77 per share.
Image source: Getty Images.
Those growth rates might not be explosive, but they were higher than what analysts tracking the stock were expecting. The consensus pundit estimate for revenue was $14.4 billion, while that for adjusted earnings per share (EPS) was only $0.68 per share.
Compounding that pair of beats, Pfizer raised the low end of its full-year revenue guidance range, as it increased its sales estimate for non-COVID products but decreased its forecast for those goods. The new revenue projection is $60.5 billion to $62.5 billion, up from the previous $59.5 billion to $62.5 billion. However, the company didn't change its $2.80 to $3 adjusted EPS guidance.
Pfizer's No. 1 drug, the anticoagulant Eliquis, was again the motor of its growth; its sales grew by a sturdy 19% year over year in the quarter. The big caveat in that otherwise impressive performance is that Eliquis will soon fall off the dreaded patent cliff and face competition from generic versions made by rivals.
This is why Pfizer has been loading up on acquisitions over the past few years and aggressively advancing its development programs. The latter is usually not a quick process; however, it can reward investors with a relatively long-term horizon.
In August, the company scored a regulatory victory when the European Medicines Agency (EMA), the 27-member European Union's regulator, validated the application for PF-07307405. This is a next-generation treatment for Lyme disease being developed by Pfizer and its partner Valneva.
And on our shores, toward the end of the month, the U.S. Food and Drug Administration (FDA) approved a supplemental biologics license application (BLA) for the latest version of its durable COVID vaccine Comirnaty developed with its biotech peer BioNTech.
Premium Feature
Moneyball Superscore
65/100
Today's Change
(
-2.32
%) $
-0.66
Current Price
$
27.79
Blockbuster or bust I feel the market is underestimating Pfizer as, for many, the company's status as a pandemic-era star (with Comirnaty) is still fresh in their minds. Since then, it hasn't produced a new blockbuster product, and investors are getting impatient.
Those willing to wait should be rewarded, I believe. Pfizer's acquisitions haven't come cheap, by and large, but they've given the company a set of highly promising assets. The pipeline is now extremely wide and varied, and very likely to produce a top-selling medicine, perhaps even in the near future. This remains an undervalued stock to me, and one ripe for a buy.
Cisco Systems (CSCO - 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 seller of routers, switches, software and services have returned -10.9%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Computer - Networking industry, which Cisco falls in, has lost 10.1%. 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.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
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, Cisco is expected to post earnings of $1.32 per share, indicating a change of +32% from the year-ago quarter. The Zacks Consensus Estimate has changed +19.3% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $5.11 points to a change of +18% from the prior year. Over the last 30 days, this estimate has changed +10.7%.
For the next fiscal year, the consensus earnings estimate of $5.58 indicates a change of +9.2% from what Cisco is expected to report a year ago. Over the past month, the estimate has changed +5.8%.
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 #2 (Buy) for Cisco.
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.
In the case of Cisco, the consensus sales estimate of $18.08 billion for the current quarter points to a year-over-year change of +21.5%. The $73.05 billion and $77.85 billion estimates for the current and next fiscal years indicate changes of +15.4% and +6.6%, respectively.
Last Reported Results and Surprise HistoryCisco reported revenues of $17.25 billion in the last reported quarter, representing a year-over-year change of +17.6%. EPS of $1.22 for the same period compares with $0.99 a year ago.
Compared to the Zacks Consensus Estimate of $16.85 billion, the reported revenues represent a surprise of +2.36%. The EPS surprise was +4.27%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Cisco is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Cisco. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
The AI Boom Is Turning This Cable Maker Into a Stock to WatchCisco Systems NASDAQ: CSCO executives said demand tied to artificial intelligence, infrastructure modernization and security is supporting what the company views as a multi-year networking growth cycle.
Speaking at the Goldman Sachs Communacopia + Technology Conference, President and Chief Product Officer Jeetu Patel said the shift toward AI agents is increasing demand for high-performance, low-latency networks and machine-scale security. He cited OpenRouter data indicating that agents consume about 60% of total inference capacity and said their token consumption has increased 14-fold since February.
Get Cisco Systems alerts:
5 Tech Stocks Holding Their Ground Through the AI Trade Pullback“These agents tend to be far more consumptive on network bandwidth than humans,” Patel said, estimating that an agent uses about 450% more bandwidth than a human performing the same task. He said the growing use of agents, which can operate continuously, is creating sustained infrastructure requirements rather than demand limited to experimentation or model training.
AI Demand Across Customer Segments Patel said Cisco sees opportunities across hyperscalers, neoclouds, sovereign clouds, service providers, enterprises and edge deployments. He said Cisco’s hyperscaler AI orders rose from nearly zero two years ago to $9.3 billion in the last fiscal year, including $4 billion in orders during the fourth quarter.
Palantir’s Earnings Setup Puts Its AI Growth Story Back on Trial AgainThe company also said AI-related demand is extending into its traditional enterprise networking business. Patel said Cisco’s campus and branch networking business, which historically grew at roughly 3% to 4%, has expanded about 20% for several quarters. He attributed that growth to infrastructure refresh cycles, demand for lower-latency networking and heightened security concerns around aging equipment.
Chief Financial Officer Mark Patterson said networking has delivered double-digit growth for eight consecutive quarters and that companywide orders grew 40% in the latest quarter. Excluding hyperscalers, Patel said orders grew 25% in the fourth quarter.
Patterson said Cisco has identified more than $100 billion in upgrade and refresh opportunity involving its own installed base over the next several years. The company is also pursuing replacement opportunities involving competitors’ end-of-life and end-of-support products, he said.
Security and Modernization Cisco executives emphasized the convergence of networking and security as AI expands the potential scale of cyberattacks. Patterson said companies increasingly view modernization as a security requirement, rather than a discretionary return-on-investment decision, because frontier AI models can identify and exploit vulnerabilities at machine scale.
Patel said Cisco’s advantage is its ability to integrate security capabilities into networking infrastructure. He highlighted the company’s smart switches, which combine firewall and switching functions, as well as security, observability and data capabilities intended to help customers manage AI environments.
For fiscal 2027, Patterson said Cisco expects high-single-digit growth in security revenue after low-single-digit growth in fiscal 2026. He said Splunk is expected to return to positive growth as the company laps a transition from on-premises deployments to cloud offerings. Cisco added 1,500 new customers for its newer security products in the fourth quarter, he said, while firewall revenue grew more than 30% for two consecutive quarters.
Services revenue is also expected to turn positive and reach mid-single-digit growth by the end of fiscal 2027, Patterson said. He attributed the anticipated improvement partly to services and subscription revenue attaching to recent hardware shipments over time.
Margin Outlook and Product Strategy Patterson said Cisco has managed rising memory prices by passing much of the cost to customers, aided by demand conditions. The company’s fiscal first-quarter 2027 gross-margin guidance of 65% to 66% reflects some timing effects from hardware revenue being recognized upfront while associated software subscriptions and services are recognized over time, he said.
While Cisco expects a slight gross-margin headwind through fiscal 2027, Patterson pointed to operating-margin improvement. In the fourth quarter, gross margin increased about two percentage points from a year earlier, while operating expenses declined nearly four percentage points as a share of revenue, resulting in a record operating margin, he said.
Patel said Cisco has reorganized its product approach into a vertically integrated, co-designed technology stack spanning silicon, photonics, systems, software, security, observability, data and management platforms. He said the company expects to be fully independent of merchant silicon providers by 2029.
The company is targeting networking for both scale-out AI systems within data centers and scale-across systems linking data centers over long distances. It is also working with NVIDIA and Supermicro on “Secure AI factories” that combine servers, networking, security, observability and data-management capabilities.
Capital Allocation Patterson said Cisco’s capital-allocation priorities remain unchanged: investing to support organic and inorganic growth, protecting and increasing its dividend, offsetting dilution through share repurchases and returning excess cash to shareholders. He said the company returned nearly all of its free cash flow to shareholders in the last fiscal year.
Looking ahead, Patel said Cisco plans to continue investing across networking, security, observability, data platforms, silicon and photonics while maintaining an open ecosystem that can include partnerships with competitors. Patterson said he is more optimistic about Cisco’s opportunity set and ability to capture it than at any point in his 27 years with the company.
About Cisco Systems (NASDAQ:CSCO)Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.
Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Cisco Systems Right Now?Before you consider Cisco Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cisco Systems wasn't on the list.
While Cisco Systems currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Lowe's (LOW - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this home improvement retailer have returned -6.6% over the past month versus the Zacks S&P 500 composite's -0.4% change. The Zacks Retail - Home Furnishings industry, to which Lowe's belongs, has lost 9.2% over this period. Now the key question is: Where could the stock be headed in the near term?
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.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
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, Lowe's is expected to post earnings of $2.90 per share, indicating a change of -5.2% from the year-ago quarter. The Zacks Consensus Estimate has changed -7.1% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $12.28 points to a change of -0.1% from the prior year. Over the last 30 days, this estimate has changed -1.6%.
For the next fiscal year, the consensus earnings estimate of $13.04 indicates a change of +6.2% from what Lowe's is expected to report a year ago. Over the past month, the estimate has changed -2.9%.
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, Lowe's is rated Zacks Rank #4 (Sell).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
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 Lowe's, the consensus sales estimate for the current quarter of $22.42 billion indicates a year-over-year change of +7.7%. For the current and next fiscal years, $92.03 billion and $94.44 billion estimates indicate +6.7% and +2.6% changes, respectively.
Last Reported Results and Surprise HistoryLowe's reported revenues of $25.96 billion in the last reported quarter, representing a year-over-year change of +8.3%. EPS of $4.4 for the same period compares with $4.33 a year ago.
Compared to the Zacks Consensus Estimate of $26.13 billion, the reported revenues represent a surprise of -0.68%. The EPS surprise was +4.27%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates two times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
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.
Lowe's is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Lowe's. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
California State Teachers Retirement System lifted its holdings in The Travelers Companies, Inc. (NYSE:TRV – Free Report) by 32,139.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 110,690,887 shares of the insurance provider’s stock after buying an additional 110,347,546 shares during the quarter. California State Teachers Retirement System owned approximately 53.07% of Travelers Companies worth $36,541,276,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of TRV. Brighton Jones LLC boosted its position in Travelers Companies by 13.4% during the 4th quarter. Brighton Jones LLC now owns 3,277 shares of the insurance provider’s stock valued at $789,000 after purchasing an additional 387 shares during the period. Revolve Wealth Partners LLC acquired a new stake in Travelers Companies in the fourth quarter worth $276,000. WINTON GROUP Ltd bought a new stake in Travelers Companies in the second quarter valued at $382,000. CIBC Asset Management Inc lifted its stake in Travelers Companies by 13.9% in the second quarter. CIBC Asset Management Inc now owns 68,537 shares of the insurance provider’s stock valued at $18,336,000 after buying an additional 8,383 shares during the last quarter. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of Travelers Companies by 2.0% during the second quarter. Treasurer of the State of North Carolina now owns 105,605 shares of the insurance provider’s stock valued at $28,254,000 after acquiring an additional 2,117 shares during the period. Institutional investors own 82.45% of the company’s stock.
Insiders Place Their Bets In related news, EVP Diane Kurtzman sold 4,164 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $386.71, for a total transaction of $1,610,260.44. Following the completion of the transaction, the executive vice president owned 5,298 shares of the company’s stock, valued at $2,048,789.58. This trade represents a 44.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Michael Klein sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $366.09, for a total transaction of $2,196,540.00. Following the transaction, the executive vice president owned 45,125 shares of the company’s stock, valued at approximately $16,519,811.25. This trade represents a 11.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 58,667 shares of company stock valued at $21,830,989. 1.39% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In Several research firms have recently commented on TRV. Citigroup restated a “market perform” rating on shares of Travelers Companies in a research report on Monday, July 20th. Wells Fargo & Company boosted their target price on shares of Travelers Companies from $295.00 to $334.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Evercore set a $329.00 target price on shares of Travelers Companies and gave the stock an “in-line” rating in a research report on Friday, July 10th. Roth Capital raised their price target on shares of Travelers Companies from $345.00 to $425.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Finally, Bank of America lifted their price target on Travelers Companies from $283.00 to $307.00 and gave the company an “underperform” rating in a report on Monday, July 20th. Four investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $354.26. Read Our Latest Stock Report on TRV
Travelers Companies Trading Down 0.1% Shares of NYSE:TRV opened at $369.01 on Tuesday. The company has a 50 day moving average of $364.21 and a 200-day moving average of $323.98. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.27. The firm has a market cap of $76.96 billion, a P/E ratio of 9.88, a P/E/G ratio of 2.48 and a beta of 0.44. The Travelers Companies, Inc. has a twelve month low of $252.26 and a twelve month high of $398.70.
Travelers Companies (NYSE:TRV – Get Free Report) last posted its quarterly earnings data on Friday, July 17th. The insurance provider reported $10.04 EPS for the quarter, beating analysts’ consensus estimates of $5.41 by $4.63. The business had revenue of $12.15 billion for the quarter, compared to analyst estimates of $11.26 billion. Travelers Companies had a net margin of 16.95% and a return on equity of 25.41%. The business’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the business earned $6.51 earnings per share. As a group, analysts anticipate that The Travelers Companies, Inc. will post 33.82 earnings per share for the current fiscal year.
Travelers Companies Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Thursday, September 10th will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, September 10th. Travelers Companies’s payout ratio is currently 13.39%.
(Free Report)
The Travelers Companies, Inc (NYSE: TRV) is a leading provider of property and casualty insurance products and services. The company underwrites a broad range of commercial and personal insurance lines, offering coverage designed to protect individuals, small and midsize businesses, and large corporate clients against property loss, liability, and other operational risks. Travelers is known for combining underwriting, claims management and risk control services to help clients prevent losses and recover when incidents occur.
On the commercial side, Travelers writes primary and specialty coverages including property, general liability, commercial auto, workers’ compensation, professional and management liability, surety and inland marine.
Further Reading Five stocks we like better than Travelers Companies 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for Travelers Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelers Companies and related companies with MarketBeat.com's FREE daily email newsletter.
Pinnacle Holdings LLC acquired a new position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 11,507 shares of the technology company’s stock, valued at approximately $3,236,000.
A number of other hedge funds have also modified their holdings of IBM. LM Advisors LLC purchased a new position in International Business Machines in the 2nd quarter worth about $387,000. Matters Capital LLC acquired a new position in shares of International Business Machines in the second quarter worth about $208,000. Haverford Trust Co purchased a new position in shares of International Business Machines in the second quarter worth approximately $4,832,000. Clear Harbor Asset Management LLC acquired a new stake in shares of International Business Machines during the second quarter valued at approximately $949,000. Finally, Davis Asset Management L.P. acquired a new stake in shares of International Business Machines during the second quarter valued at approximately $358,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at International Business Machines In other news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares of the company’s stock, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.27% of the company’s stock.
Wall Street Analyst Weigh In IBM has been the subject of a number of recent analyst reports. Stifel Nicolaus decreased their price objective on shares of International Business Machines from $290.00 to $235.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Roth Capital reiterated a “buy” rating on shares of International Business Machines in a report on Wednesday, June 3rd. Needham & Company LLC assumed coverage on International Business Machines in a research report on Wednesday, June 3rd. They set a “buy” rating on the stock. Piper Sandler raised International Business Machines to an “overweight” rating in a research note on Tuesday, June 23rd. Finally, HSBC set a $175.00 target price on International Business Machines and gave the company a “reduce” rating in a research note on Thursday, July 16th. Sixteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $265.90. Read Our Latest Analysis on International Business Machines
International Business Machines Stock Performance IBM stock opened at $234.77 on Tuesday. The firm has a 50 day moving average of $240.81 and a two-hundred day moving average of $246.86. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The company has a market capitalization of $221.18 billion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 2.24 and a beta of 0.71. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63.
International Business Machines (NYSE:IBM – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.93. The business had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. International Business Machines’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.80 EPS. As a group, equities analysts anticipate that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.
International Business Machines Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be paid a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s dividend payout ratio is 59.98%.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Read More Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 573,368 shares of the technology company’s stock, valued at approximately $161,237,000. Connor Clark & Lunn Investment Management Ltd. owned 0.06% of International Business Machines as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of International Business Machines in the 2nd quarter worth $21,586,659,000. State Street Corp boosted its position in International Business Machines by 1.0% during the fourth quarter. State Street Corp now owns 54,996,293 shares of the technology company’s stock valued at $16,290,452,000 after purchasing an additional 518,321 shares in the last quarter. Geode Capital Management LLC grew its stake in International Business Machines by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 22,605,083 shares of the technology company’s stock valued at $6,679,105,000 after purchasing an additional 336,069 shares during the last quarter. Capital World Investors grew its stake in International Business Machines by 29.2% in the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after purchasing an additional 4,976,756 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in International Business Machines by 7.0% in the first quarter. Bank of America Corp DE now owns 16,063,653 shares of the technology company’s stock worth $3,893,669,000 after purchasing an additional 1,049,602 shares in the last quarter. Hedge funds and other institutional investors own 58.96% of the company’s stock.
Wall Street Analysts Forecast Growth IBM has been the topic of a number of recent analyst reports. Susquehanna raised their price target on shares of International Business Machines from $225.00 to $235.00 and gave the company a “neutral” rating in a report on Monday, August 31st. Bank of America increased their target price on shares of International Business Machines from $315.00 to $330.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Wedbush set a $350.00 price target on shares of International Business Machines in a report on Tuesday, June 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $270.00 price target on shares of International Business Machines in a research report on Tuesday, July 21st. Finally, Needham & Company LLC initiated coverage on International Business Machines in a research note on Wednesday, June 3rd. They set a “buy” rating on the stock. Sixteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $265.90.
Check Out Our Latest Research Report on International Business Machines Insider Activity at International Business Machines In other news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the sale, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.27% of the stock is owned by company insiders.
International Business Machines Stock Performance Shares of IBM stock opened at $234.77 on Tuesday. The business has a fifty day moving average of $240.81 and a 200 day moving average of $246.86. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.79 and a quick ratio of 0.74. The firm has a market capitalization of $221.18 billion, a price-to-earnings ratio of 20.83, a price-to-earnings-growth ratio of 2.24 and a beta of 0.71.
International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The business had revenue of $17.16 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same period in the prior year, the company earned $2.80 earnings per share. The company’s revenue was up 1.1% on a year-over-year basis. As a group, research analysts expect that International Business Machines Corporation will post 12.33 earnings per share for the current year.
International Business Machines Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a $1.69 dividend. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio is 59.98%.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Featured Stories Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM – Free Report).
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Clear Harbor Asset Management LLC bought a new position in International Business Machines Corporation (NYSE:IBM – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,374 shares of the technology company’s stock, valued at approximately $949,000.
Several other institutional investors and hedge funds have also made changes to their positions in IBM. Orca Wealth Management LLC increased its holdings in shares of International Business Machines by 3.7% during the 4th quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock worth $285,000 after buying an additional 35 shares during the last quarter. Friday Financial boosted its holdings in International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock valued at $583,000 after acquiring an additional 35 shares during the last quarter. First Command Advisory Services Inc. grew its position in International Business Machines by 1.1% during the fourth quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company’s stock valued at $1,025,000 after acquiring an additional 36 shares during the period. HORAN Wealth LLC grew its position in International Business Machines by 1.3% during the fourth quarter. HORAN Wealth LLC now owns 2,851 shares of the technology company’s stock valued at $844,000 after acquiring an additional 37 shares during the period. Finally, Washington Trust Bank increased its stake in International Business Machines by 2.2% during the fourth quarter. Washington Trust Bank now owns 1,712 shares of the technology company’s stock worth $507,000 after acquiring an additional 37 shares during the last quarter. 58.96% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth Several equities analysts have recently weighed in on IBM shares. Piper Sandler raised International Business Machines to an “overweight” rating in a research note on Tuesday, June 23rd. Wall Street Zen raised shares of International Business Machines from a “sell” rating to a “hold” rating in a research report on Saturday, August 29th. Morgan Stanley cut their price target on shares of International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a report on Thursday, July 23rd. The Goldman Sachs Group set a $270.00 price target on shares of International Business Machines in a research report on Thursday, July 23rd. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a research report on Thursday, July 16th. Sixteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.90.
View Our Latest Stock Analysis on IBM Insider Transactions at International Business Machines In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.27% of the stock is owned by company insiders.
International Business Machines Stock Performance Shares of NYSE:IBM opened at $234.77 on Tuesday. The business’s 50-day simple moving average is $240.81 and its 200 day simple moving average is $246.86. The company has a market cap of $221.18 billion, a P/E ratio of 20.83, a PEG ratio of 2.24 and a beta of 0.71. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a one year low of $199.19 and a one year high of $332.46.
International Business Machines (NYSE:IBM – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.93. The firm had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.International Business Machines’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.80 EPS. On average, sell-side analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be issued a dividend of $1.69 per share. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is presently 59.98%.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Featured Articles Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM – Free Report).
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Cibc World Market Inc. purchased a new position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 371,017 shares of the technology company’s stock, valued at approximately $104,334,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Basepoint Wealth LLC acquired a new position in shares of International Business Machines in the 4th quarter valued at $25,000. Portus Wealth Advisors LLC bought a new stake in International Business Machines in the first quarter valued at about $26,000. Harborfront Financial Group LLC bought a new stake in International Business Machines in the second quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new position in International Business Machines in the fourth quarter valued at about $28,000. Finally, Hara Capital LLC bought a new position in International Business Machines during the second quarter worth about $28,000. 58.96% of the stock is owned by institutional investors.
Insider Buying and Selling In other news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.27% of the stock is owned by company insiders.
Analysts Set New Price Targets IBM has been the subject of a number of analyst reports. Craig Hallum started coverage on shares of International Business Machines in a report on Wednesday, August 19th. They set a “buy” rating for the company. Barclays cut their target price on shares of International Business Machines from $288.00 to $262.00 and set an “overweight” rating on the stock in a report on Thursday, July 23rd. Wolfe Research lowered shares of International Business Machines to a “peer perform” rating in a report on Tuesday, June 23rd. Weiss Ratings cut shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Finally, KeyCorp lowered International Business Machines to a “sector weight” rating in a report on Tuesday, June 23rd. Sixteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, International Business Machines has a consensus rating of “Moderate Buy” and a consensus price target of $265.90. View Our Latest Research Report on International Business Machines
International Business Machines Stock Down 0.1% Shares of International Business Machines stock opened at $234.77 on Tuesday. The firm has a market cap of $221.18 billion, a PE ratio of 20.83, a P/E/G ratio of 2.24 and a beta of 0.71. The business’s 50 day simple moving average is $240.81 and its 200 day simple moving average is $246.86. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46.
International Business Machines (NYSE:IBM – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same period last year, the business earned $2.80 EPS. The business’s quarterly revenue was up 1.1% on a year-over-year basis. On average, analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a $1.69 dividend. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s payout ratio is presently 59.98%.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Further Reading Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Kendall Capital Management acquired a new stake in International Business Machines Corporation (NYSE:IBM – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,780 shares of the technology company’s stock, valued at approximately $1,063,000.
Several other institutional investors and hedge funds also recently bought and sold shares of IBM. BlackRock Inc. purchased a new stake in shares of International Business Machines during the 2nd quarter valued at approximately $21,586,659,000. Bank of New York Mellon Corp acquired a new stake in International Business Machines during the second quarter worth $2,606,782,000. Norges Bank acquired a new position in shares of International Business Machines in the 4th quarter valued at $2,446,429,000. Capital World Investors lifted its stake in shares of International Business Machines by 29.2% in the 4th quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock valued at $6,523,720,000 after purchasing an additional 4,976,756 shares during the last quarter. Finally, Deutsche Bank AG acquired a new stake in shares of International Business Machines during the 2nd quarter worth about $960,839,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at International Business Machines In other news, SVP Robert Thomas sold 25,000 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the sale, the senior vice president directly owned 47,800 shares in the company, valued at approximately $11,009,296. This trade represents a 34.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.27% of the company’s stock.
Analyst Ratings Changes IBM has been the topic of a number of recent analyst reports. Needham & Company LLC initiated coverage on shares of International Business Machines in a research report on Wednesday, June 3rd. They issued a “buy” rating on the stock. Wall Street Zen upgraded shares of International Business Machines from a “sell” rating to a “hold” rating in a report on Saturday, August 29th. Weiss Ratings cut shares of International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. KeyCorp lowered International Business Machines to a “sector weight” rating in a research report on Tuesday, June 23rd. Finally, Susquehanna lifted their price objective on International Business Machines from $225.00 to $235.00 and gave the company a “neutral” rating in a research note on Monday, August 31st. Sixteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $265.90. Check Out Our Latest Stock Report on IBM
International Business Machines Stock Performance NYSE:IBM opened at $234.77 on Tuesday. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The company has a fifty day simple moving average of $240.81 and a two-hundred day simple moving average of $246.86. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The company has a market cap of $221.18 billion, a price-to-earnings ratio of 20.83, a price-to-earnings-growth ratio of 2.24 and a beta of 0.71.
International Business Machines (NYSE:IBM – Get Free Report) last released its earnings results on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, hitting the consensus estimate of $2.93. The firm had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.International Business Machines’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.80 EPS. As a group, equities analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be paid a $1.69 dividend. The ex-dividend date is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines’s payout ratio is currently 59.98%.
International Business Machines Company Profile (Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Further Reading Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM – Free Report).
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
First Nebraska Trust Co acquired a new position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,088 shares of the technology company’s stock, valued at approximately $3,962,000.
A number of other institutional investors also recently modified their holdings of IBM. Basepoint Wealth LLC bought a new position in International Business Machines in the 4th quarter valued at $25,000. Portus Wealth Advisors LLC bought a new stake in shares of International Business Machines during the first quarter worth $26,000. Harborfront Financial Group LLC acquired a new stake in shares of International Business Machines in the second quarter valued at $27,000. Cornerstone Financial Management LLC bought a new position in shares of International Business Machines in the fourth quarter valued at about $28,000. Finally, Hara Capital LLC acquired a new position in International Business Machines during the 2nd quarter worth about $28,000. Institutional investors own 58.96% of the company’s stock.
Analysts Set New Price Targets A number of equities analysts have weighed in on IBM shares. Needham & Company LLC initiated coverage on shares of International Business Machines in a research note on Wednesday, June 3rd. They issued a “buy” rating for the company. Citigroup decreased their price target on shares of International Business Machines from $255.00 to $245.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. HSBC set a $175.00 price objective on shares of International Business Machines and gave the stock a “reduce” rating in a research report on Thursday, July 16th. Craig Hallum assumed coverage on International Business Machines in a research note on Wednesday, August 19th. They issued a “buy” rating for the company. Finally, Jefferies Financial Group dropped their target price on International Business Machines from $320.00 to $260.00 and set a “buy” rating for the company in a research report on Tuesday, July 21st. Sixteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $265.90.
Read Our Latest Analysis on IBM Insiders Place Their Bets In other news, SVP Robert Thomas sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the transaction, the senior vice president owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.27% of the company’s stock.
International Business Machines Price Performance IBM opened at $234.77 on Tuesday. The stock has a market cap of $221.18 billion, a P/E ratio of 20.83, a P/E/G ratio of 2.24 and a beta of 0.71. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The company has a fifty day simple moving average of $240.81 and a 200 day simple moving average of $246.86.
International Business Machines (NYSE:IBM – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The firm had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. During the same period in the previous year, the firm earned $2.80 earnings per share. The company’s revenue was up 1.1% on a year-over-year basis. On average, research analysts expect that International Business Machines Corporation will post 12.33 EPS for the current year.
International Business Machines Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be issued a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is 59.98%.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Featured Articles Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Dearborn Partners LLC acquired a new stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,567 shares of the technology company’s stock, valued at approximately $11,045,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in IBM. Orca Wealth Management LLC raised its holdings in shares of International Business Machines by 3.7% in the 4th quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock worth $285,000 after purchasing an additional 35 shares during the period. Friday Financial grew its holdings in International Business Machines by 1.9% during the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock valued at $583,000 after purchasing an additional 35 shares during the period. First Command Advisory Services Inc. grew its holdings in International Business Machines by 1.1% during the fourth quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company’s stock valued at $1,025,000 after purchasing an additional 36 shares during the period. HORAN Wealth LLC increased its position in International Business Machines by 1.3% in the fourth quarter. HORAN Wealth LLC now owns 2,851 shares of the technology company’s stock worth $844,000 after buying an additional 37 shares during the last quarter. Finally, Washington Trust Bank raised its stake in shares of International Business Machines by 2.2% in the fourth quarter. Washington Trust Bank now owns 1,712 shares of the technology company’s stock valued at $507,000 after buying an additional 37 shares during the period. Institutional investors own 58.96% of the company’s stock.
Insider Transactions at International Business Machines In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total value of $5,758,000.00. Following the completion of the transaction, the senior vice president owned 47,800 shares of the company’s stock, valued at $11,009,296. The trade was a 34.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.27% of the stock is currently owned by insiders.
Analysts Set New Price Targets Several research analysts have recently weighed in on IBM shares. Robert W. Baird started coverage on International Business Machines in a research note on Tuesday, July 21st. They set a “neutral” rating and a $230.00 price target for the company. Wolfe Research cut International Business Machines to a “peer perform” rating in a research note on Tuesday, June 23rd. Oppenheimer downgraded shares of International Business Machines from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 15th. Bank of America lifted their price objective on shares of International Business Machines from $315.00 to $330.00 and gave the company a “buy” rating in a research note on Monday, July 6th. Finally, Needham & Company LLC assumed coverage on shares of International Business Machines in a report on Wednesday, June 3rd. They set a “buy” rating on the stock. Sixteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, International Business Machines currently has an average rating of “Moderate Buy” and an average price target of $265.90. Check Out Our Latest Analysis on IBM
International Business Machines Price Performance IBM stock opened at $234.77 on Tuesday. The firm has a 50 day moving average of $240.81 and a 200-day moving average of $246.86. The firm has a market capitalization of $221.18 billion, a P/E ratio of 20.83, a price-to-earnings-growth ratio of 2.24 and a beta of 0.71. International Business Machines Corporation has a 12 month low of $199.19 and a 12 month high of $332.46. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63.
International Business Machines (NYSE:IBM – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.93. The business had revenue of $17.16 billion for the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.80 EPS. As a group, sell-side analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be given a dividend of $1.69 per share. The ex-dividend date is Monday, August 10th. This represents a $6.76 annualized dividend and a yield of 2.9%. International Business Machines’s payout ratio is presently 59.98%.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Recommended Stories Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Haverford Trust Co acquired a new stake in International Business Machines Corporation (NYSE:IBM – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 17,182 shares of the technology company’s stock, valued at approximately $4,832,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Orca Wealth Management LLC lifted its holdings in shares of International Business Machines by 3.7% during the 4th quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock valued at $285,000 after purchasing an additional 35 shares in the last quarter. Friday Financial increased its stake in International Business Machines by 1.9% during the 2nd quarter. Friday Financial now owns 1,903 shares of the technology company’s stock worth $583,000 after purchasing an additional 35 shares in the last quarter. First Command Advisory Services Inc. raised its holdings in International Business Machines by 1.1% during the 4th quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company’s stock worth $1,025,000 after buying an additional 36 shares during the period. HORAN Wealth LLC raised its holdings in International Business Machines by 1.3% during the 4th quarter. HORAN Wealth LLC now owns 2,851 shares of the technology company’s stock worth $844,000 after buying an additional 37 shares during the period. Finally, Washington Trust Bank lifted its stake in International Business Machines by 2.2% in the fourth quarter. Washington Trust Bank now owns 1,712 shares of the technology company’s stock valued at $507,000 after buying an additional 37 shares in the last quarter. Institutional investors own 58.96% of the company’s stock.
International Business Machines Price Performance Shares of NYSE:IBM opened at $234.77 on Tuesday. The firm has a market capitalization of $221.18 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 2.24 and a beta of 0.71. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. International Business Machines Corporation has a twelve month low of $199.19 and a twelve month high of $332.46. The stock’s 50 day moving average is $240.81 and its 200-day moving average is $246.86.
International Business Machines (NYSE:IBM – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The business had revenue of $17.16 billion during the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the prior year, the firm posted $2.80 EPS. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. Sell-side analysts forecast that International Business Machines Corporation will post 12.33 EPS for the current fiscal year. International Business Machines Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be issued a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio is presently 59.98%.
Insider Activity at International Business Machines In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the company’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total value of $5,758,000.00. Following the transaction, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is owned by company insiders.
Analyst Ratings Changes A number of research firms have recently issued reports on IBM. Morgan Stanley lowered their price objective on shares of International Business Machines from $293.00 to $190.00 and set an “equal weight” rating on the stock in a report on Thursday, July 23rd. Argus reduced their target price on International Business Machines from $360.00 to $280.00 and set a “buy” rating for the company in a research note on Thursday, July 16th. JPMorgan Chase & Co. decreased their price target on shares of International Business Machines from $291.00 to $250.00 and set an “overweight” rating on the stock in a research note on Friday, July 17th. Weiss Ratings cut International Business Machines from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 24th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of International Business Machines in a research report on Thursday, July 16th. Sixteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.90.
Check Out Our Latest Stock Report on IBM
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Featured Articles Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding IBM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for International Business Machines Corporation (NYSE:IBM – Free Report).
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Osmosis Investment Management UK Ltd bought a new position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,157 shares of the technology company’s stock, valued at approximately $3,981,000.
Several other hedge funds also recently added to or reduced their stakes in the stock. Orca Wealth Management LLC increased its stake in shares of International Business Machines by 3.7% during the fourth quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock worth $285,000 after acquiring an additional 35 shares during the period. Friday Financial lifted its position in International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock valued at $583,000 after purchasing an additional 35 shares during the period. First Command Advisory Services Inc. boosted its holdings in International Business Machines by 1.1% in the 4th quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company’s stock valued at $1,025,000 after purchasing an additional 36 shares in the last quarter. HORAN Wealth LLC boosted its holdings in International Business Machines by 1.3% in the 4th quarter. HORAN Wealth LLC now owns 2,851 shares of the technology company’s stock valued at $844,000 after purchasing an additional 37 shares in the last quarter. Finally, Washington Trust Bank increased its position in International Business Machines by 2.2% during the 4th quarter. Washington Trust Bank now owns 1,712 shares of the technology company’s stock worth $507,000 after purchasing an additional 37 shares during the period. 58.96% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of brokerages have recently issued reports on IBM. HSBC set a $175.00 target price on International Business Machines and gave the stock a “reduce” rating in a research note on Thursday, July 16th. Craig Hallum began coverage on International Business Machines in a research report on Wednesday, August 19th. They issued a “buy” rating for the company. Oppenheimer lowered shares of International Business Machines from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 15th. Needham & Company LLC initiated coverage on shares of International Business Machines in a research note on Wednesday, June 3rd. They set a “buy” rating on the stock. Finally, BMO Capital Markets cut their price target on shares of International Business Machines from $270.00 to $230.00 and set a “market perform” rating for the company in a report on Thursday, July 23rd. Sixteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $265.90.
View Our Latest Analysis on International Business Machines Insider Buying and Selling In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the sale, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.27% of the company’s stock.
International Business Machines Price Performance Shares of NYSE IBM opened at $234.77 on Tuesday. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.63. The company’s 50-day moving average price is $240.81 and its 200 day moving average price is $246.86. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The stock has a market cap of $221.18 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 2.24 and a beta of 0.71.
International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.93. The company had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.80 earnings per share. As a group, research analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be paid a $1.69 dividend. The ex-dividend date of this dividend is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines’s dividend payout ratio is presently 59.98%.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
See Also Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
OMERS ADMINISTRATION Corp bought a new position in shares of International Business Machines Corporation (NYSE:IBM – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 79,635 shares of the technology company’s stock, valued at approximately $22,394,000.
Several other large investors have also recently made changes to their positions in IBM. BlackRock Inc. acquired a new stake in International Business Machines in the 2nd quarter valued at approximately $21,586,659,000. Bank of New York Mellon Corp acquired a new position in International Business Machines during the second quarter worth $2,606,782,000. Norges Bank acquired a new position in International Business Machines during the fourth quarter worth $2,446,429,000. Capital World Investors boosted its position in shares of International Business Machines by 29.2% during the fourth quarter. Capital World Investors now owns 22,021,912 shares of the technology company’s stock worth $6,523,720,000 after buying an additional 4,976,756 shares during the period. Finally, Deutsche Bank AG acquired a new stake in shares of International Business Machines in the second quarter valued at $960,839,000. 58.96% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes Several research firms recently issued reports on IBM. KeyCorp downgraded International Business Machines to a “sector weight” rating in a report on Tuesday, June 23rd. Robert W. Baird started coverage on International Business Machines in a research report on Tuesday, July 21st. They issued a “neutral” rating and a $230.00 target price for the company. Barclays cut their price target on shares of International Business Machines from $288.00 to $262.00 and set an “overweight” rating on the stock in a research note on Thursday, July 23rd. Stifel Nicolaus reduced their price target on shares of International Business Machines from $290.00 to $235.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of International Business Machines from $291.00 to $250.00 and set an “overweight” rating for the company in a research note on Friday, July 17th. Sixteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.90.
Check Out Our Latest Research Report on IBM International Business Machines Stock Performance Shares of IBM opened at $234.77 on Tuesday. International Business Machines Corporation has a 1 year low of $199.19 and a 1 year high of $332.46. The stock has a market capitalization of $221.18 billion, a PE ratio of 20.83, a PEG ratio of 2.24 and a beta of 0.71. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. The stock has a 50-day simple moving average of $240.81 and a 200-day simple moving average of $246.86.
International Business Machines (NYSE:IBM – Get Free Report) last released its earnings results on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.93. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The firm had revenue of $17.16 billion for the quarter, compared to analyst estimates of $17.46 billion. During the same period in the prior year, the firm earned $2.80 earnings per share. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. On average, analysts predict that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 10th will be given a dividend of $1.69 per share. This represents a $6.76 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio is currently 59.98%.
Insider Activity at International Business Machines In other news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total value of $5,758,000.00. Following the transaction, the senior vice president owned 47,800 shares in the company, valued at approximately $11,009,296. This represents a 34.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.27% of the company’s stock.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
See Also Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Meiji Yasuda Asset Management Co Ltd. purchased a new position in International Business Machines Corporation (NYSE:IBM – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 22,682 shares of the technology company’s stock, valued at approximately $6,378,000.
Other large investors also recently made changes to their positions in the company. Clarion Wealth Managment Partners LLC acquired a new position in shares of International Business Machines during the 2nd quarter valued at about $250,000. Te Ahumairangi Investment Management Ltd acquired a new position in International Business Machines during the second quarter valued at approximately $4,069,000. Burk Holdings LLC bought a new position in shares of International Business Machines in the second quarter valued at approximately $194,000. Pinnacle Holdings LLC acquired a new stake in shares of International Business Machines in the second quarter worth $3,236,000. Finally, LM Advisors LLC acquired a new position in International Business Machines in the 2nd quarter valued at $387,000. Institutional investors own 58.96% of the company’s stock.
Analyst Upgrades and Downgrades IBM has been the topic of several research analyst reports. BMO Capital Markets lowered their price target on International Business Machines from $270.00 to $230.00 and set a “market perform” rating on the stock in a research report on Thursday, July 23rd. HSBC set a $175.00 price objective on shares of International Business Machines and gave the stock a “reduce” rating in a research note on Thursday, July 16th. Needham & Company LLC began coverage on shares of International Business Machines in a research report on Wednesday, June 3rd. They set a “buy” rating on the stock. Stifel Nicolaus cut their target price on shares of International Business Machines from $290.00 to $235.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Finally, Piper Sandler raised shares of International Business Machines to an “overweight” rating in a report on Tuesday, June 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.90.
Read Our Latest Report on International Business Machines International Business Machines Stock Performance NYSE:IBM opened at $234.77 on Tuesday. International Business Machines Corporation has a 12-month low of $199.19 and a 12-month high of $332.46. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $221.18 billion, a PE ratio of 20.83, a price-to-earnings-growth ratio of 2.24 and a beta of 0.71. The firm has a 50-day moving average price of $240.81 and a 200 day moving average price of $246.86.
International Business Machines (NYSE:IBM – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.93. International Business Machines had a return on equity of 35.65% and a net margin of 15.52%.The company had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. During the same period in the previous year, the business earned $2.80 earnings per share. The company’s quarterly revenue was up 1.1% on a year-over-year basis. Research analysts anticipate that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be given a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Monday, August 10th. International Business Machines’s dividend payout ratio is 59.98%.
Insiders Place Their Bets In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. This represents a 34.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.27% of the stock is owned by company insiders.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Featured Stories Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Cullen Capital Management LLC acquired a new stake in shares of International Business Machines Corporation (NYSE:IBM – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 254,463 shares of the technology company’s stock, valued at approximately $71,557,000.
A number of other institutional investors and hedge funds have also modified their holdings of IBM. Orca Wealth Management LLC increased its stake in International Business Machines by 3.7% during the fourth quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock worth $285,000 after acquiring an additional 35 shares during the last quarter. Friday Financial raised its position in International Business Machines by 1.9% in the second quarter. Friday Financial now owns 1,903 shares of the technology company’s stock valued at $583,000 after purchasing an additional 35 shares during the period. First Command Advisory Services Inc. lifted its stake in shares of International Business Machines by 1.1% in the 4th quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company’s stock valued at $1,025,000 after purchasing an additional 36 shares during the last quarter. HORAN Wealth LLC lifted its stake in shares of International Business Machines by 1.3% in the 4th quarter. HORAN Wealth LLC now owns 2,851 shares of the technology company’s stock valued at $844,000 after purchasing an additional 37 shares during the last quarter. Finally, Washington Trust Bank grew its holdings in shares of International Business Machines by 2.2% during the 4th quarter. Washington Trust Bank now owns 1,712 shares of the technology company’s stock worth $507,000 after purchasing an additional 37 shares during the period. Hedge funds and other institutional investors own 58.96% of the company’s stock.
Insiders Place Their Bets In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of International Business Machines stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the sale, the senior vice president directly owned 47,800 shares of the company’s stock, valued at $11,009,296. The trade was a 34.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes IBM has been the subject of a number of recent analyst reports. KeyCorp downgraded International Business Machines to a “sector weight” rating in a research report on Tuesday, June 23rd. Needham & Company LLC initiated coverage on shares of International Business Machines in a research note on Wednesday, June 3rd. They set a “buy” rating for the company. Bank of America increased their target price on shares of International Business Machines from $315.00 to $330.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. dropped their price target on shares of International Business Machines from $291.00 to $250.00 and set an “overweight” rating for the company in a research report on Friday, July 17th. Finally, Citigroup decreased their price objective on shares of International Business Machines from $255.00 to $245.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Sixteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.90. Get Our Latest Stock Report on International Business Machines
International Business Machines Stock Down 0.1% Shares of International Business Machines stock opened at $234.77 on Tuesday. International Business Machines Corporation has a 52-week low of $199.19 and a 52-week high of $332.46. The company has a 50 day moving average of $240.81 and a 200 day moving average of $246.86. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $221.18 billion, a P/E ratio of 20.83, a P/E/G ratio of 2.24 and a beta of 0.71.
International Business Machines (NYSE:IBM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 EPS for the quarter, meeting analysts’ consensus estimates of $2.93. The company had revenue of $17.16 billion for the quarter, compared to the consensus estimate of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.80 EPS. As a group, research analysts forecast that International Business Machines Corporation will post 12.33 EPS for the current fiscal year.
International Business Machines Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 10th will be paid a $1.69 dividend. The ex-dividend date is Monday, August 10th. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. International Business Machines’s dividend payout ratio (DPR) is currently 59.98%.
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Recommended Stories Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
Asset One Wealth Management LLC purchased a new stake in International Business Machines Corporation (NYSE:IBM – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,539 shares of the technology company’s stock, valued at approximately $748,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Orca Wealth Management LLC increased its holdings in shares of International Business Machines by 3.7% in the fourth quarter. Orca Wealth Management LLC now owns 975 shares of the technology company’s stock valued at $285,000 after purchasing an additional 35 shares during the last quarter. Friday Financial lifted its stake in shares of International Business Machines by 1.9% during the 2nd quarter. Friday Financial now owns 1,903 shares of the technology company’s stock worth $583,000 after buying an additional 35 shares during the last quarter. First Command Advisory Services Inc. boosted its holdings in shares of International Business Machines by 1.1% during the 4th quarter. First Command Advisory Services Inc. now owns 3,459 shares of the technology company’s stock worth $1,025,000 after buying an additional 36 shares during the period. HORAN Wealth LLC boosted its holdings in shares of International Business Machines by 1.3% during the 4th quarter. HORAN Wealth LLC now owns 2,851 shares of the technology company’s stock worth $844,000 after buying an additional 37 shares during the period. Finally, Washington Trust Bank raised its holdings in International Business Machines by 2.2% in the 4th quarter. Washington Trust Bank now owns 1,712 shares of the technology company’s stock valued at $507,000 after acquiring an additional 37 shares during the period. Institutional investors and hedge funds own 58.96% of the company’s stock.
Insider Transactions at International Business Machines In other International Business Machines news, SVP Robert Thomas sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $230.32, for a total transaction of $5,758,000.00. Following the completion of the transaction, the senior vice president directly owned 47,800 shares in the company, valued at $11,009,296. The trade was a 34.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.27% of the stock is owned by company insiders.
International Business Machines Stock Down 0.1% Shares of NYSE IBM opened at $234.77 on Tuesday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.74 and a current ratio of 0.79. International Business Machines Corporation has a 52 week low of $199.19 and a 52 week high of $332.46. The stock has a market capitalization of $221.18 billion, a P/E ratio of 20.83, a PEG ratio of 2.24 and a beta of 0.71. The stock’s fifty day moving average is $240.81 and its 200 day moving average is $246.86. International Business Machines (NYSE:IBM – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $2.93 earnings per share for the quarter, hitting the consensus estimate of $2.93. The business had revenue of $17.16 billion during the quarter, compared to analysts’ expectations of $17.46 billion. International Business Machines had a net margin of 15.52% and a return on equity of 35.65%. International Business Machines’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.80 earnings per share. Sell-side analysts forecast that International Business Machines Corporation will post 12.33 earnings per share for the current fiscal year.
International Business Machines Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Monday, August 10th will be paid a $1.69 dividend. This represents a $6.76 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 10th. International Business Machines’s dividend payout ratio (DPR) is 59.98%.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on the company. Roth Capital restated a “buy” rating on shares of International Business Machines in a report on Wednesday, June 3rd. Sanford C. Bernstein reiterated a “market perform” rating on shares of International Business Machines in a research note on Thursday, July 16th. Craig Hallum began coverage on International Business Machines in a report on Wednesday, August 19th. They set a “buy” rating for the company. Argus reduced their price target on International Business Machines from $360.00 to $280.00 and set a “buy” rating for the company in a research note on Thursday, July 16th. Finally, Bank of America upped their price objective on International Business Machines from $315.00 to $330.00 and gave the company a “buy” rating in a report on Monday, July 6th. Sixteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $265.90.
Get Our Latest Stock Analysis on IBM
(Free Report)
International Business Machines Corporation (IBM) is a global technology and consulting company headquartered in Armonk, New York. Founded in 1911 as the Computing-Tabulating-Recording Company (CTR) and renamed IBM in 1924, the company has evolved from early electromechanical machines to a diversified technology provider serving enterprises and governments worldwide. IBM is publicly traded on the New York Stock Exchange under the ticker symbol IBM.
IBM’s principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development.
Recommended Stories Five stocks we like better than International Business Machines 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
Receive News & Ratings for International Business Machines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Business Machines and related companies with MarketBeat.com's FREE daily email newsletter.
The appointment of the Harvard PhD as a Distinguished Quantum Scientist reflects Quantum X Labs’ commitment to building a world-class quantum technology company
TEL AVIV, Israel, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Quantum X Labs Inc. (Nasdaq: QXL) (“Quantum X Labs” or the “Company”), today announced the appointment of Professor Daniel Freedman as Distinguished Quantum Scientist, effective immediately.
Professor Freedman brings to Quantum X Labs a distinguished career spanning fundamental research, artificial intelligence, applied mathematics, computational science and quantum-related disciplines, with senior research and academic positions at leading global technology companies and academic institutions.
In his new role, Professor Freedman will contribute to the Company's fundamental strategy and scientific roadmap, with a particular focus on the intersection of artificial intelligence and quantum technology applications. His work will include the development of the company’s various quantum technologies for real world applications and to scale.
Professor Freedman's current research interests include AI approaches to Quantum Physics, AI approaches to Quantum Chemistry, AI approaches to Partial Differential Equations, and Atomistic and Molecular AI.
His previous research has encompassed: Novel Scientific Imaging Modalities, Computational Algebraic Topology, Mathematical Methods for Vision and Learning and AI for Biology and Medicine.
Prior to joining Quantum X Labs, Professor Freedman held a range of senior industrial research positions, including: Distinguished Research Scientist at Genesis Molecular AI; Head of Fundamental Research – Science Group and Senior Staff Research Scientist at Verily AI; Staff Research Scientist at Google Research; Principal Researcher at Microsoft Research; Lead Research Scientist at IBM Research; and Senior Research Scientist ay Hewlett-Packard (HP) Laboratories. He also spent a decade as an academic in both the United States and Israel, where he was the recipient of numerous awards, including the NSF CAREER Award and the Fulbright Fellowship.
Professor Freedman received his academic training at leading U.S. institutions, including: Ph.D. in Engineering Sciences from Harvard University, A.M. in Economics from Harvard University and A.B. in Physics from Princeton University.
"We are pleased to welcome Professor Daniel Freedman to Quantum X Labs as Distinguished Quantum Scientist," said Prof. Nir Sharon, Chief Technology Officer of Quantum X Labs. "Daniel's combination of deep expertise in artificial intelligence, mathematics, computational science and quantum research represents a significant addition to our scientific capabilities. His career has consistently focused on applying advanced computational and mathematical methods to complex scientific problems, and we believe his expertise will be highly relevant to our long-term research and technology strategy."
Professor Daniel Freedman: "I am excited to join Quantum X Labs at a time when the company is shifting from science to real world applications. The convergence of AI with quantum physics, chemistry, molecular science and advanced mathematical modeling presents an exciting frontier”.
Quantum X Labs Inc.
Quantum X Labs Inc. and its subsidiaries are focused on quantum technology, digital advertising and computing and enterprise artificial intelligence (AI) solutions. Quantum X Labs Ltd. is focused on developing and promoting quantum algorithms for the transportation, drug discovery and security segments as well as developing quantum- based GPS replacement and quantum atom accuracy solutions. Gix Media develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. Metagramm is a developer of grammatical error correction software and offers tools for writing and reviewing, grammar, spelling, punctuation and style features, as well as translation and multilingual dictionaries, using artificial intelligence and machine learning technology.
For more information about Quantum X Labs, visit https://quantumxlabs.xyz/
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Forward-looking statements contained in this press release include, but are not limited to, statements regarding Quantum X Labs’ and its subsidiaries’ strategic and business plans, technology, relationships, objectives and expectations for its business, growth, the impact of trends on and interest in its business, intellectual property, products and its future results, operations and financial performance and condition and may be identified by the use of words such as “may,” “seek,” “will,” “consider,” “likely,” “assume,” “estimate,” “expect,” “anticipate,” “intend,” “believe,” “do not believe,” “aim,” “predict,” “plan,” “project,” “continue,” “potential,” “guidance,” “objective,” “outlook,” “trends,” “future,” “could,” “would,” “should,” “target,” “on track” or their negatives or variations, and similar terminology and words of similar import, generally involve future or forward-looking statements. For example, the Company is using forward-looking statements when it discusses the anticipated contributions of Professor Daniel Freedman and the the development of the company’s various quantum technologies for real world applications and to scale. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s most recent Annual Report on 10-K and in subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Quantum X Labs is not responsible for the content of third-party websites.
Joint research team modeled a 12,635-atom protein, the largest-known to be simulated using quantum computers.
Breakthrough was achieved through quantum and classical methods working together, expanding quantum-centric supercomputing's potential in life sciences research.
, /PRNewswire/ -- A multidisciplinary team from Cleveland Clinic, RIKEN and IBM (NYSE: IBM) has been named as a finalist for the 2026 Association for Computing Machinery (ACM) Gordon Bell Prize for simulating the largest biologically meaningful molecules ever modeled with quantum computers, reaching a scale of 12,635 atoms. To achieve these results, the team united the strengths of quantum and classical computing methods in a framework known as quantum-centric supercomputing.
The ACM Gordon Bell Prize recognizes outstanding achievement in high-performance computing and is one of the field's most prestigious honors. The 2026 winner will be announced at the International Conference for High-Performance Computing, Networking, Storage, and Analysis (SC26), taking place Nov. 15–20, 2026 in Chicago.
The origins of the project are rooted in the team's investigation into how computation in drug discovery can be improved. Doing so rests on two fundamental challenges: first, modeling the movement of atoms as biological processes unfold; and second, accurately computing their energies. Particularly the second challenge is well-suited for quantum computers, which operate by the laws of quantum mechanics.
In the work, initially published in May 2026, the team calculated the electronic structure of two large protein complexes using the IBM Quantum Heron processors running within the IBM quantum computers at Cleveland Clinic in the United States and RIKEN in Japan. The calculations were executed alongside two of the world's most powerful supercomputers, Fugaku at RIKEN and Miyabi-G, which is operated by the University of Tokyo and University of Tsukuba. The quantum computers used up to 94 qubits to run nearly 6,000 quantum operations within certain parts of the problem, which was essential to the computation's accuracy and success. Fugaku and Miyabi-G were used to reassemble the results and allow the team to gain a complete representation of each molecule.
The results reflect the team's innovative approach alongside the rapid maturation of quantum computing. Using the sample-based quantum diagonalization by IBM and RIKEN (featured on the cover of Science Advances) along with embedded wavefunction methods adapted by Cleveland Clinic to the question at hand, the team was able to report the first-known simulation of a 303-atom protein achieved with quantum computers. Less than a year later, the team first scaled their method roughly 40 times while also achieving 210 times improvement in accuracy. In updated results recently published in September, the team advanced the work even further. Most notably, they were able to further improve the accuracy of their computations of the binding energies of the molecular system, which reflect how tightly the molecules are bound together and can predict how they could interact with other systems.
In addition, the team validated the workflow on a third supercomputer, JHPC-quantum GPU supercomputer "ROQUO," RIKEN's newest system in a way that eliminated the need for complex manual operations and data transfers – pointing toward faster, more accessible research. By orchestrating CPUs, GPUs, and QPUs together, the team minimized the need for manual transfers and further reduced errors — an early demonstration of how classical and quantum computing can work in concert on complex scientific problems.
Taken together with the earlier results, these updates reflect continued progress on both the accuracy of computed binding energies and the time-to-solution enabled by the automated workflow.
The quantum-classical techniques developed by the team continues to reduce the computational overhead required to directly represent the chemistry of molecular systems with accuracy and is pushing the frontiers of what is possible with quantum-centric supercomputing in the field. The work has demonstrated a path to further increase the accuracy of how molecular system can be calculated and is a step towards helping researchers better predict how medicines may interact with protein targets.
The research team includes Kenneth Merz Jr, Akhil Shajan, Danil Kaliakin, Fangchun Liang of Cleveland Clinic, Yuichi Otsuka, Tomonori Shirakawa, Lukas Broers, Han Xu, Miwako Tsuji, Mitsuhisa Sato, Seiji Yunoki of RIKEN Center for Computational Science, and Ryo Wakizaka, Yukio Kawashima, Jun Doi, Hitomi Takahashi, Toshinari Itoko, Hiroshi Horii, Thaddeus Pellegrini, Javier Robledo Moreno, Kevin J. Sung, Ella Fejer, Robert Walkup, Seetharami Seelam, Mario Motta of IBM.
To read the full study, visit: https://arxiv.org/abs/2605.01138
Research Support
This research is supported by NEDO (New Energy and Industrial Technology Development Organization), an organization under the jurisdiction of Japan's Ministry of Economy, Trade and Industry (METI)'s "Research and Development of Quantum-Supercomputers Hybrid Platform for Exploration of Uncharted Computable Capabilities" (Project Leader: Mitsuhisa Sato) as part of the "Project for Research and Development of Enhanced Infrastructures for Post 5G Information and Communications Systems (JPNP20017)."
About Cleveland Clinic
Cleveland Clinic is a nonprofit multispecialty academic medical center that integrates clinical and hospital care with research and education. Founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation, Cleveland Clinic has pioneered many medical breakthroughs, including coronary artery bypass surgery and the first face transplant in the United States. Cleveland Clinic is consistently recognized in the U.S. and throughout the world for its expertise and care. Among Cleveland Clinic's 83,000 employees worldwide are more than 6,600 salaried physicians and researchers, and 21,900 registered nurses and advanced practice providers, representing 140 medical specialties and subspecialties. Cleveland Clinic is a 6,725-bed health system that includes a 173-acre main campus near downtown Cleveland, 23 hospitals, 300 outpatient facilities, including locations in northeast Ohio; Florida; Las Vegas, Nevada; Toronto, Canada; Abu Dhabi, UAE; and London, England. In 2025, there were 15.9 million outpatient encounters, 343,000 hospital admissions and observations, and 336,000 surgeries and procedures throughout Cleveland Clinic's health system. Visit us at clevelandclinic.org. Follow us at x.com/CleClinicNews. News and resources are available at newsroom.clevelandclinic.org.
About RIKEN
RIKEN is Japan's leading national comprehensive research institute in the natural sciences, conducting research across a broad range of fields including physics, engineering, chemistry, mathematical and information sciences, computational science, biology, and medical science. The RIKEN Center for Computational Science (R-CCS) operates the world-class supercomputer Fugaku, providing computing resources to a wide range of users in universities, research institutions, and industry, and carries out research and development under the banner of "The Science of computing, by computing, and for computing", contributing to the advancement of computational science and computer science.
For more information, visit https://www.riken.jp/en/.
About IBM
IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity and service.
For more information, visit https://research.ibm.com.
Over the past six months, UnitedHealth Group (UNH +0.93%) shares have been crushing it, surging by nearly 40% since March 2026. UnitedHealth, once a highflier among healthcare stocks, has benefited from a major shift in investor sentiment.
However, with the health insurance company's shares reversing course since July, the question is whether UnitedHealth Group will resume its upward trajectory or if this recent, disheartening price trend will persist, placing further pressure on the stock.
Image source: Getty Images.
Strong earnings and turnaround hopes sent UnitedHealth Group surging during mid-2026 Starting with its well-received Q1 earnings release, UnitedHealth Group kicked off an extended rally. Confidence in UnitedHealth Group's turnaround remained a top focus and was key to the stock's surge from $275 to as much as $461.62 between April and July 2026.
Premium Feature
Moneyball Superscore
71/100
Today's Change
(
0.93
%) $
3.70
Current Price
$
400.84
Analysts across Wall Street, including those at Goldman Sachs, BofA, and Morgan Stanley, have upgraded the stock, citing improving utilization trends, plus management's commentary that the company's $3 billion investment in artificial intelligence is already paying off two-to-one.
Since hitting new 52-week highs during the summer, UnitedHealth Group shares have once again experienced waning enthusiasm.
The long-term silver lining Now trading for just under $400 per share, has a "buy the dip" moment emerged? Maybe, maybe not. Worries about fundamentals, not just profit-taking, may be driving the stock's weak post-earnings price action.
Even as favorable utilization trends and cost-cutting measures continue to boost the bottom line, on the Q2 2026 post-earnings conference call, management discussed how issues like independent dispute resolutions, as well as increased coverage of GLP-1 and anti-inflammatory drugs, remain key concerns when it comes to rising cost trends.
Trading for 18 times estimated 2027 earnings, UnitedHealth appears reasonably priced compared to its historical valuation. Still, if management's AI-driven turnaround pans out and drives expected earnings growth in the mid-to-high teens over the next three years, recent volatility could seem like a hiccup in hindsight. As the company continues to release strong quarterly results, the stock appears to remain a solid long-term buy, even if recent volatility persists in the near-term.
A Look at Charter Communications Inc (CHTR) After 4.1% Decline -- GF Value $371.27 vs Price $145.74
On September 08, 2026, Charter Communications Inc CHTR shares fell 4.1% to $145.74, continuing a downward trend that has seen the stock decline significantly over the past year. The stock has traded within a 52-week range of $111.55 to $285.82, highlighting the volatility and challenges the company has faced.
GF Value™ verdict: CHTR is currently priced at $145.74, representing a 60.7% upside to the GF Value™ estimate of $371.27.GF Score™ of 69/100 indicates an above-average rating, suggesting that the company has several attributes that may appeal to investors.Notable signal: The insider activity shows a net selling of $9.2M over the past 12 months, which may indicate cautious sentiment among insiders.Is CHTR Overvalued or Undervalued?With a current price of $145.74 and a GF Value™ of $371.27, Charter Communications Inc appears to be significantly undervalued, offering a potential upside of 60.7%. The GF Value™ is GuruFocus' proprietary estimate of intrinsic value, derived from the company's historical trading multiples, business growth, and future performance estimates. This considerable margin of safety might entice some investors to consider the stock as a long-term opportunity, despite the recent downturn.
However, the GF Valuation label indicates that CHTR may be a possible value trap, suggesting that while the stock appears undervalued based on GF Value™, there could be underlying risks that warrant caution. The recent price drops and the significant insider selling could signal potential challenges ahead for the company.
How Does CHTR's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)3.8x11.0xForward P/E3.3xN/ACharter Communications Inc's current P/E ratio of 3.8x is significantly below its 5-year median of 11.0x, indicating that the stock is trading at a much lower valuation than it has historically. This analysis aligns with the GF Value™ verdict of undervaluation, suggesting that the stock may be a compelling investment opportunity, provided that the risks associated with its valuation and recent performance are carefully considered.
What Does CHTR's GF Score™ Tell Us?The GF Score™ is an overall measure that evaluates a company's financial health, profitability, growth potential, valuation, and momentum. Charter Communications Inc's GF Score™ of 69/100 denotes an above-average rating. Among its sub-ranks, the strongest area is Profitability (9/10), indicating robust profit margins, while the Valuation rank (2/10) highlights concerns regarding the stock's pricing relative to its fundamentals.
MetricRatingGF Score™69/100Financial Strength3/10Profitability9/10Growth7/10Valuation2/10Momentum3/10Overall, while Charter Communications Inc shows strong profitability and growth potential, its financial strength and valuation rank raise concerns. The disparity between high profitability and low valuation suggests that the company may be facing challenges that are not immediately apparent in its financial metrics, warranting careful scrutiny before making any investment decisions.
What Are Gurus and Insiders Doing with CHTR?Currently, 11 gurus hold shares of Charter Communications Inc, with 6 adding to their positions and 4 trimming their holdings in recent quarters. This mixed signal from institutional investors indicates a level of interest, albeit with some caution.
In terms of insider activity, over the past 12 months, insiders have purchased $3.8M worth of stock but sold $13.0M, resulting in a net selling of $9.2M. This pattern of net selling may suggest that insiders are wary of the company's future prospects, which could reflect broader concerns about its performance in the coming quarters.
What This Means for InvestorsBased on the GF Value™ assessment, Charter Communications Inc appears to be significantly undervalued at its current price, presenting a potential opportunity for investors. However, the implications of the insider selling and the low financial strength score indicate that caution is warranted before proceeding. Understanding the risks associated with this valuation is essential for any potential investor.
For a deeper dive into Charter Communications Inc CHTR, visit the CHTR stock page for additional insights, including the GF Value™ page and our GuruFocus Stock Screener.
Frequently Asked QuestionsWhat is CHTR's GF Score™?
Charter Communications Inc has a GF Score™ of 69/100, indicating an above-average rating based on various financial metrics and growth potential.
Is CHTR overvalued or undervalued?
According to the GF Value™, CHTR is currently undervalued, with a significant upside potential of 60.7% based on its intrinsic value estimation.
What is CHTR's P/E ratio?
CHTR's P/E ratio is 3.8x, which is substantially below its 5-year median of 11.0x, indicating that the stock is trading at a lower valuation compared to its historical performance.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Chevron has surged more than 42% this year and is brushing against a 52-week high, but the real question is whether the fundamentals driving that run can hold at these prices or whether the easy money is already gone.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Chevron has ripped higher through 2026, and the rally has pushed shares within reach of a fresh record. The question I want to answer is whether the 24/7 Wall St. price target still sees room to run, or whether the market has already priced in the good news.
Chevron (NYSE:CVX | CVX Price Prediction) trades at $212.26, up 42.82% year to date and 36% over the past year. Our 24/7 Wall St. price target for Chevron is $204.67, implying downside of 3.81% over the next twelve months. Our recommendation is hold, with high model confidence of 90%.
Metric Value Current Price $212.26 24/7 Wall St. Price Target $204.67 Upside/Downside -3.81% Recommendation HOLD Confidence Level 90% Why We Could Be Wrong Our 24/7 Wall St. price target sits just below where Chevron trades today.
Bull scenarios exist: the 20-year Microsoft (NASDAQ:MSFT) power purchase agreement covering 2.67 gigawatts at Project Kilby could unlock a new commodity-independent cash flow stream, and Brent staying elevated on Strait of Hormuz tightness could easily push earnings past current estimates. Consider the target one datapoint. A full bull case follows below.
A Rally Built on Real Numbers Chevron is up 10.58% over the past month and 5.78% over the past week, brushing against a 52-week high of $212.79.
Q2 FY26 was the fuel: adjusted EPS of $6.06, revenue of $67.20B (+51.43% YoY), and worldwide production of 4,070 MBOED (+20% YoY), marking a seventh straight EPS beat. Chevron also cut total debt by $8.41B in the quarter. WTI has cooperated too, climbing to $91.48 on September 1 from the mid-$70s a month earlier.
Why Bulls See a Breakout Above $228 The bull case rests on four legs: Guyana, Permian efficiency, Kilby, and cash returns. Mike Wirth called Chevron’s opportunity set “the largest and highest quality opportunity set that we’ve had in years,” and the company delivered $15.4 billion in adjusted free cash flow in the quarter with net debt to CFFO of just 0.6 times.
Chevron captured 50% more Hess synergies than initially targeted and is targeting 2-3% annual production growth and 10%+ adjusted free cash flow growth through 2030.
Our bull-case one-year price is $228.19, and Wall Street’s consensus target sits at $218.29 with 20 buy or strong-buy ratings.
Risks Worth Watching Before Chasing the Rally Chevron trades at a P/E of 34, well above peers, and the model’s bear case lands at $181.75. Brent averaging $104/BBL lifted Q2, but the EIA sees Brent below $70 per barrel in real 2025 dollars through 2030. CPC pipeline risk in Kazakhstan and Middle East volatility remain live.
A counterpoint: the elevated trailing P/E reflects prior-year charges rather than structural weakness, and Chevron already hit its $3B structural cost reduction run-rate six months ahead of schedule.
How Chevron Compares to Exxon and ConocoPhillips Exxon Mobil (NYSE:XOM) is the natural integrated benchmark and trades at a P/E of 23 with a return on equity of 11.03%, versus Chevron’s ROE of 7.26%. Exxon’s $20 billion 2026 buyback and Guyana leadership justify a premium, and its cheaper multiple makes Chevron’s valuation look stretched.
ConocoPhillips (NYSE:COP) is the pure-play upstream counterpoint. COP delivered Q2 26 adjusted EPS of $3.24 on $19.16 billion in revenue (+37.07% YoY) and is targeting 45% of cash from operations returned to shareholders in 2026. Its capital-return intensity exceeds Chevron’s, reinforcing my view that CVX’s premium is fair rather than cheap.
Company P/E Dividend Yield Chevron 34 3.07% Exxon Mobil 23 2.55% ConocoPhillips N/A N/A Chevron Price Prediction 2026-2030 My verdict is hold, with 90% confidence and a 24/7 Wall St. price target of $204.67. The key factor tipping the scale: the stock is up more than 42% YTD and now sits at 52-week highs while forward multiples price in perfect execution.
The bullish setup strengthens if Brent holds above $95 and Project Kilby reaches final investment decision this year. The setup weakens if WTI slips back toward the July low of $69.60 or if CPC disruptions escalate.
Looking further out, here is where our model projects Chevron could trade, assuming current growth trajectories hold.
Year 24/7 Wall St. Price Target 2026 $204.67 2027 $202.79 2028 $204.09 2029 $209.02 2030 $214.57 These projections assume Chevron continues executing on Hess integration, Permian efficiency, and Project Kilby. Significant upside could come from sustained Brent above $100, while a demand slowdown could push shares toward the bear case of $184 by 2030.
Contact [email protected] for any questions or corrections.
Chevron is a direct beneficiary of the Iran war and the resulting higher commodity prices for oil, gasoline, diesel, and chemicals while global strategic reserves have fallen to critical levels. Project Kilby positions CVX to monetize Permian Basin natural gas by supplying dedicated power to a very large Microsoft AI data-center via a 20-year take-or-pay power supply agreement. The war with Iran is not likely to end any time soon and could last well into next year. As a result, Chevron could earn up to $15/share in FY26.
Chevron (CVX.N) will more than double the number of oil rigs it operates in Venezuela as part of its five-year plan to increase production in the country, Chief Financial Officer Eimear Bonner said at a Barclays conference on Tuesday.
Last week, the U.S. oil major said its joint venture partnerships in Venezuela would invest more than $7 billion to more than double oil output to 600,000 barrels per day by 2031.
The company has long maintained its presence despite years of political upheaval, and the administration of U.S. President Donald Trump has been urging oil producers to invest in Venezuela following the removal of President Nicolas Maduro by U.S. forces.
Once the joint ventures achieve 600,000 bpd, Chevron anticipates production will reach a plateau level between 600,000 to 700,000 bpd, Bonner said.
"The large resource base gives us the opportunity to extend that plateau for five to 10 years, and that's just the initial recovery from the reservoirs," she said. "There's a lot more upside there."
Chevron also received the right to international arbitration as part of its new contract terms that were signed last week, Bonner added.
The ability to resolve potential disputes under international arbitration courts has been a key requirement cited by other oil producers including ExxonMobil and ConocoPhillips, which exited Venezuela in 2007 when their assets were nationalized and say they are still owed money.
