Společnost Nvidia představila architekturu OpenShell pro zabezpečení AI agentů; analytik BNP Paribas Karl Ackerman odhaduje, že by mohla jejich běh zpomalit až o 25 %.
AI agents are being designed to do more than answer questions: They can access files, use workplace tools and carry out tasks with less human supervision. But giving software that much freedom creates a new risk. Nvidia Corp (NASDAQ:NVDA) wants to make these digital assistants safer to use, though BNP Paribas analyst Karl Ackerman sees a potential trade-off: runtime could slow by as much as 25%.
Giving AI More Freedom—With LimitsNvidia announced its OpenShell reference architecture at GTC Berlin recently, building on open-source software designed to control what AI agents can access and do. The system is intended to set boundaries around agents as they work, monitor their actions and block activity that violates security rules.
That matters because an AI agent does not simply produce an answer and stop. It may access company files, connect to online services, run code or use other tools to complete a task. If it misinterprets an instruction or is manipulated, those permissions can create risks beyond a misleading chatbot response.
Nvidia’s approach puts security controls outside the AI agent itself, rather than relying on the agent to police its own behavior. Its reference architecture combines computing systems for running AI with BlueField-4 data processing units and Nvidia’s Sentry security framework to monitor activity and enforce restrictions.
Companies including Cisco Systems, Inc. (NASDAQ:CSCO), CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Cloud are working with the architecture, Nvidia said.
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The Potential Cost of SafetyIn his note following GTC Berlin, Ackerman said OpenShell could slow runtime by as much as 25%. That is an analyst estimate, not a confirmed performance result across all tasks or deployments.
The potential trade-off is straightforward: More checks can mean more work before an AI agent is allowed to act. For businesses, the question is whether added safeguards justify any delay, particularly when agents are expected to handle time-sensitive work or perform thousands of tasks at once.
Still, a slower but controlled agent may be more useful to an enterprise than a faster system that can access information or take actions it should not. The actual balance will depend on the task, security settings and implementation.
What It Means for NvidiaOpenShell reflects Nvidia’s effort to sell more than the chips that power AI. As companies move from testing AI assistants to giving them access to real business systems, security could become an increasingly important part of enterprise AI spending.
For investors, the key question is whether businesses adopt Nvidia’s approach at scale and whether its security controls can protect agents without materially hurting performance. Independent benchmarks and customer deployments will matter more than the launch announcement alone.
If Nvidia can make AI agents safer without making them meaningfully slower, security could become another reason businesses choose its broader platform.
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Netflix ve 3. čtvrtletí překonal odhad EPS se ziskem 0,87 USD, ale tržby ve výši 12,874 mld. USD mírně zaostaly za očekáváním; provozní marže vzrostla na 34,6 %.
Netflix just beat earnings and still got punished, losing nearly half its value over the past year while its margins quietly widened. Something in that math does not add up, and the answer shapes where the stock goes from here.
Our 24/7 Wall St. price target for Netflix (NASDAQ:NFLX | NFLX Price Prediction) is $78.99 over the next 12 months. Shares trade at $67.13, so the target means 17.7% upside. We rate Netflix a buy with high confidence.
24/7 Wall St. Price Target Summary Metric Value Current Price $67.13 Price Target from 24/7 Wall St. $78.99 Upside/Downside 17.7% Recommendation BUY Confidence Level 90% After a year of questions, the market is pricing Netflix like a franchise whose growth is running out. What we see is a business still growing revenue at double digits, widening its margins and buying back stock at a record pace.
Sentiment and fundamentals have drifted apart, and that is why our model remains constructive even after expectations were revised hard.
A 45.92% Slide That Ignored an Earnings Beat Netflix is down 4.87% over the past week, 8.49% over the past month, 5.09% over the past quarter and 28.4% year to date. The stock has lost 45.92% over one year. The shares are 42.5% below their 52-week high of $116.73 and just 4.7% above the $64.10 low.
Third-quarter results on October 20 show how wide that gap has become. EPS of $0.87 beat the $0.8229 estimate. Revenue of $12.874B (+11.85% YoY) came in just short of the $12.878B consensus. Operating margin widened to 34.6% from 28.2%.
Even so, shares fell 5.31% on earnings day. Netflix cut its 2026 ad revenue outlook to about $2.70B from $3.00B, and co-CEO Ted Sarandos admitted, “We do need better execution in the U.S.” Today the stock is up 3.21%.
Why Bulls See $112.90 Ahead The bull case hits $112.90. Advertising is still early. Management said, “We are still growing our ads business over 80% this year,” and ad tiers launch in 15 new countries starting March 2027. Pricing power looks solid, with Q3 churn better than forecast both globally and in the U.S. LatAm revenue rose 17%.
Netflix bought back 63.9M shares for $4.8B in Q3 and has $22.3B left on its authorization. Analysts agree, with 7 Strong Buy and 28 Buy ratings against 15 Hold and 1 Sell.
View-Hour Worries Could Cap the Rebound The bear case lands at $72.86. CFO Spence Neumann said, “We want to grow view hours faster. We’re not satisfied.” Netflix also lowered its FY2026 FCF forecast to about $12B from $12.5B and guided Q4 operating margin to 26%.
The FCF cut comes from a one-time Q4 real estate transaction. The margin guidance factors in roughly 120 bps from job cuts that should lower costs over time.
Netflix Earns Its Premium Over Disney and Spotify Disney (NYSE:DIS) competes directly for streaming subscribers. It trades at 16x earnings, but its operating margin is 14.6%, about half of Netflix’s 29.49%.
Spotify (NYSE:SPOT) runs the same subscription-plus-ads model. Its Q3 revenue rose 16.32%, yet it trades at 49x earnings. Netflix sits between the two with the best margins, which makes our 24/7 Wall St. price target look reasonable and arguably conservative.
Company P/E P/FCF Operating Margin Netflix 25x 29x 29.49% Disney 16x 19x 14.6% Spotify 49x 38x 12.8% Valuation Tilts Our Model Toward Netflix Near $67 My 24/7 Wall St. price target is $78.99, rated buy with 90% confidence. What tips the scale is valuation.
The stock got cheaper while margins got wider. The case strengthens if advertising picks up again in 2027. It weakens if U.S. view hours keep stalling. At these levels, our model sees more reward than risk.
Year Price Target from 24/7 Wall St. 2026 (December) $68.80 2027 (October) $78.99 2028 (October) $87.70 2029 (October) $97.58 2030 (October) $101.57 The projections rest on Netflix continuing to execute its current strategy. Faster ad monetization could drive results well above them, and continued engagement weakness could pull them lower.
Contact [email protected] for any questions or corrections.
JPMorgan získal předběžný souhlas centrální banky Nigérie k založení JPMorgan Merchant Bank Nigeria Limited; před zahájením činnosti potřebuje konečné regulatorní schválení.
Key Takeaways JPM gets approval-in-principle to establish a Nigerian merchant bank, expanding its Africa banking presence.The proposed bank will aim to offer wholesale banking, capital markets, advisory services and lending.JPM needs final regulatory approval before operations begin; growth will depend on client acquisition. JPMorgan Chase & Co. (JPM - Free Report) is advancing its expansion plans in Nigeria after the Central Bank of Nigeria (CBN) granted approval-in-principle to establish JPMorgan Merchant Bank Nigeria Limited. The move marks a significant step in JPMorgan’s efforts to deepen its presence in Africa’s largest economy and expand its corporate and institutional banking services.
Can JPMorgan’s Nigeria Banking License Strengthen Its African Presence?The CBN granted approval-in-principle to JPMorgan on Oct. 23, 2026, allowing it to proceed with plans to establish a merchant bank in Nigeria. The development follows the bank’s reported deposit of 50 billion Nigerian naira (approximately $38 million) with CBN as part of its licensing process. The deposit represented a key regulatory requirement but did not guarantee approval.
JPMorgan Merchant Bank Nigeria Limited is expected to expand the bank’s ability to serve Nigerian corporations and institutional clients. Its proposed activities include wholesale banking, capital markets and advisory services. The expansion could also create opportunities in lending, payments, trade finance and cross-border transactions. JPMorgan has maintained a representative office in Lagos for years. Establishing a locally licensed merchant bank would provide a broader platform to serve businesses and participate in Nigeria’s financial markets.
The approval-in-principle represents only the initial stage of the regulatory process. JPMorgan Merchant Bank Nigeria Limited must complete the remaining requirements, including incorporation with the Corporate Affairs Commission and the necessary operational arrangements, before receiving authorization to commence business.
The proposed Nigerian merchant bank also aligns with JPMorgan’s broader efforts to strengthen its African presence and capture corporate and investment banking opportunities across the region. The bank has reinforced its regional investment banking leadership through appointments covering sub-Saharan Africa, Kenya and Ivory Coast, reflecting its focus on expanding client coverage and strengthening relationships with businesses, governments and institutional investors.
Nigeria’s position as a major African economy could make the proposed bank a valuable addition to JPMorgan’s regional operations. However, the scale of the opportunity will depend on regulatory approvals, client demand and the bank’s ability to establish profitable operations.
Final Words on JPMIn conclusion, JPMorgan’s planned entry into Nigeria’s merchant banking sector could strengthen its African presence and create new growth opportunities in corporate banking, capital markets, advisory services and cross-border financing. Nigeria’s sizable economy and growing demand for institutional financial services offer significant long-term potential. However, the expansion’s success will depend on securing final regulatory approval, attracting corporate clients and building profitable operations amid competition and market challenges. While the approval-in-principle marks an important milestone, its contribution to JPMorgan’s overall growth will ultimately depend on how effectively the bank converts its expanded presence into sustainable revenue and earnings.
Over the past year, shares of JPM have gained 9% compared with the industry’s 3.3% growth.
One-Year Performance
Image Source: Zacks Investment Research
Currently, JPM carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Other Financial Firms’ International ExpansionOther global financial institutions are expanding their international operations to strengthen their market presence and capitalize on growth opportunities across key financial markets.
Mizuho Financial Group (MFG - Free Report) is expanding its presence in mainland China after clearing regulatory hurdles to launch a wholly owned securities business. The move is expected to strengthen its position in China’s capital markets by enabling it to serve domestic clients directly through its securities platform. This expansion reflects the opportunities global banks see in deepening their presence in major economies.
Meanwhile, HSBC Holdings (HSBC - Free Report) continues to strengthen its wealth-management business in Asia, including mainland China. Its acquisition of Citigroup’s China consumer wealth business supports its focus on high-net-worth clients, digital capabilities and talent investment. HSBC’s January 2026 privatization of Hang Seng Bank is also expected to create opportunities for revenue growth and cost synergies.
Sometimes, it's best to avoid a stock getting a lot of press coverage and instead concentrate on a solid, dividend-paying stock. For instance, Nike (NKE +0.46%) has been trying to turn around its operations, but its sales have lagged.
The company's fiscal first-quarter revenue (ended Aug. 31) dropped 5% after adjusting for foreign-currency translations. Investors haven't been impressed, sending the share price down nearly 40% through Oct. 22 this year. During this time, the S&P 500 index gained 12%.
Image source: Getty Images.
Meanwhile, Procter & Gamble (PG -0.96%) continues to execute, rewarding investors with growing dividends and a higher share price (up 15.6% this year).
PG Procter & Gamble$159.47-$1.55 (-0.96%)
NYSE · As of 1:43 PM ET 10/26/26
Products have high market shares You've almost certainly heard about Procter & Gamble's products, and you likely have some of them in your home. That's because it sells items like shampoo, razor blades, toothpaste, detergent, and diapers.
While these sound mundane, Procter & Gamble's products command high market shares. For instance, Head & Shoulders, Tide, Gillette, and Pampers have a well-recognized presence in the marketplace. Clearly, the company keeps doing something right to continue drawing customers.
As you'd imagine, demand for these products doesn't dip much, if at all, during economic downturns. After all, you need these items as part of your day-to-day life.
You can see this in recent results, with the pace picking up lately. During the first fiscal quarter (ended Sept. 30), sales (adjusted to remove foreign-currency translations and the effects of acquisitions and divestitures) grew 4% year over year. Notably, higher volume contributed 2.4 percentage points.
Cash flow machine Not only are its products noncyclical, but they also generate substantial cash flow for the company. Procter & Gamble uses part of this free cash flow, or operating cash flow minus capital expenditures, to pay dividends.
Its fiscal 2026 free cash flow totaled $15.1 billion. That easily covered the company's $10.2 billion in dividends. That period ended on June 30.
Having products with stable demand, high market shares, and prodigious cash flow means Procter & Gamble has built one of the most impressive dividend histories. That includes paying a dividend for 136 years. Better still, the company has raised dividends annually for a remarkable 70 straight years. That makes Procter & Gamble a Dividend King, a group of companies that have raised dividends for at least 50 consecutive years.
Shareholders can feel secure about Procter & Gamble's dividends and confident about annual increases. They can also enjoy a 2.6% dividend yield, higher than the S&P 500's 1.1% yield.
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Verizon's CEO says SpaceX's Starlink faces some significant technical and financial hurdles to compete at scale in the US.
Zamek/GVN/VIEW press/Corbis via Getty Images
In business, as in war, the safest bet is often to avoid underestimating your competitors, even when the odds appear to be in your favor.
Verizon CEO Dan Schulman says he's a student of that philosophy when it comes to Elon Musk's ambitions to develop SpaceX's Starlink into a significant US network player.
"Clearly, the tech and the wireless landscape is rapidly evolving, and we need to rapidly evolve along with that," he said during the company's third-quarter earnings call Monday. "I also operate under the assumption that everything SpaceX says they will do, they will do, and that they will execute flawlessly."
Setting aside Musk's track record of delivering on his eyebrow-raising promises, Schulman said there are significant technical and financial hurdles that Starlink would have to clear to meaningfully compete with established networks like Verizon. But it is possible.
"If they build a terrestrial network, it will basically look and feel like every other network," he said. "I think we should take it quite seriously."
News earlier this month that Starlink had acquired a batch of mobile-friendly low-band spectrum sent the share prices of the major US mobile carriers falling by approximately 10%. Verizon is the only one of the three to partially recover from the drop.
"Their service just can't compete with a terrestrial network in suburban and urban areas, where like 98% of our revenues are," he said of the satellite-based system. "We're somewhere between 100 to 1000 times more efficient than they are."
Building a competitive US network, especially for mobile, would require building as many as 80,000 large cell towers on Earth linked with some combination of satellites and fiber optics, Schulman said.
Schulman estimates that project would cost up to a half trillion dollars over six to eight years, with a minimum of four to six years to actually build out the network.
"Then they need to build retail customer service, back office systems, et cetera., and all of that gets them basically the same network and same capabilities and same cost structure as what we have today," Schulman said.
The Verizon chief's remarks come less than a week after his AT&T counterpart, John Stankey, brushed off concerns that Starlink's mobile network could pose a threat to his business.
"I wouldn't over-rotate on what I would call one carrier of low band spectrum," he said.
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Dominick Reuter
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Dominick Reuter is a senior retail reporter for Business Insider, primarily covering Walmart, Target, Costco, and other big box retailers. His stories tend to focus on issues and trends that affect employees and customers, such as affordability challenges and the growing race to provide ultra-fast delivery services on e-commerce orders.Prior to joining BI in 2019, Dominick worked for more than a decade as an independent photojournalist covering a wide range of stories for global wire services and newspapers, including Reuters, the Wall Street Journal, and Agence France-Presse.Dominick studied photojournalism at Boston University and later earned a Masters in business and economics journalism from Columbia University.If you're an employee or customer with a story to share, please contact me via email or text/call/Signal at 646-768-4750.
Proti společnosti York Space Systems (YSS) byla podána skupinová žaloba kvůli údajnému zamlčení informací o připravenosti satelitního softwaru při lednovém IPO. Akcie následně klesly z 34,00 USD na 9,33 USD.
NEW YORK, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in York Space Systems Inc. (NYSE: YSS) that a securities class action has been filed on behalf of shareholders who acquired stock in or traceable to the Company's January 2026 initial public offering, naming six incoming directors and eleven underwriting banks as defendants alongside the Company's Chief Executive Officer and Chief Financial Officer. Find out if you may be eligible to recover losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
The offering sold approximately 18.5 million shares at $34.00 per share, generating roughly $583.4 million in net proceeds. By the time the action was brought, YSS traded as low as $9.33 per share, a decline of $24.67 per share, or more than 70%. LEAD PLAINTIFF DEADLINE: October 30, 2026.
The Director Defendants' Role in the January 2026 Registration Statement
The complaint identifies Kirk Konert, Tyler Letarte, Tamra Erwin, Reggie Brothers, Andrew Boyd, and (Ret.) Gen. James McConville, each of whom consented to be named as an incoming director in the registration statement that was declared effective on January 28, 2026. Eleven investment banks are also named as underwriter defendants for their role in marketing and selling the shares.
The Secondary Defendants' Alleged Role
Six incoming directors consented to be named in offering documents that, as named in the action, were negligently prepared and omitted material facts about satellite software readiness.The underwriter defendants include Goldman Sachs & Co. LLC, which agreed to purchase 5,123,695 shares, Jefferies LLC and Wells Fargo Securities, LLC, each at 4,118,261 shares, and J.P. Morgan Securities LLC at 1,809,783 shares.Offering documents touted "proprietary satellite software enabling versatile integration of a variety of payloads" and a "modular, backward-compatible design approach."The complaint identifies former employees who described satellites as "made to order" and one who called the modular platform pitch "false advertising."Offering documents claimed an "incumbent position leading into Tranches 3 and 4"; in April 2026, the Space Force spring budget halted Tranche 3 Transport Layer payments.Approximately 96% of fiscal 2025 revenue came from a single customer, the Space Development Agency.
Accountability Beyond the Officer Suite
For purchasers in or traceable to the IPO, claims against directors who consented to be named and against the banks that sold the shares do not require proof of intent, only that the offering documents contained material misstatements or omissions.
"Directors who consent to be named in a registration statement, and the underwriters who market an offering, are accountable for the accuracy of what buyers are told. Here the action contends that York's January 2026 offering documents promoted proprietary satellite software while omitting that onboard mission and payload software was not fully functional before launch. Investors who paid $34.00 per share deserve a full accounting of who reviewed those disclosures." -- Joseph E. Levi, Esq.
Submit your information to learn more or call (212) 363-7500.
Levi & Korsinsky, LLP — Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.
Frequently Asked Questions About the YSS Lawsuit
Q: How much did YSS stock drop? A: Shares fell approximately over 70%, a decline of $24.67 per share, after the Company disclosed developments including the April 2026 halt to Tranche 3 Transport Layer funding and a May 11, 2026 research report alleging York launched satellites with incomplete mission-critical software. Investors who purchased shares during the Class Period at artificially inflated prices and suffered losses may be eligible to seek compensation.
Q: Who are the defendants named in the YSS lawsuit? A: The complaint names York Space Systems Inc. and individual defendants including senior executives who signed SEC filings, made public statements, or certified financial disclosures under Sarbanes-Oxley, as well as directors who consented to be named in the registration statement and the underwriters of the January 2026 offering.
Q: What court was the YSS class action filed in? A: The case was filed in the United States District Court for the District of Colorado, governed by the Private Securities Litigation Reform Act of 1995.
Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.
Q: What documents do I need to submit my information? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my YSS shares, can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.
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.
Q: Can I join a different law firm's lawsuit instead? A: Yes. Investors may choose which law firm to contact. Multiple firms often file competing complaints. The court may consolidate related cases and appoint a single lead counsel.
Akcie Intelu v pondělí vzrostly o více než 4 % díky technologické rally před zveřejněním výsledků 29. října; společnost New Street Research zvýšila doporučení na „koupit“ s cílovou cenou 125 USD.
Intel Corp. (NASDAQ:INTC) stock rose more than 4% Monday as semiconductor stocks advanced with a broader technology rally ahead of the company’s Oct. 29 earnings report.
The Nasdaq gained 1.39% and the S&P 500 rose 0.93%, while the Technology sector climbed 1.80% and led all sectors.
New Street Research analyst Pierre Ferragu upgraded Intel from Neutral to Buy and set a $125 price target.
• Intel stock is charging ahead with explosive momentum. Why are INTC shares rallying?
Broad Chip Rally Supports IntelIntel’s advance came alongside broad strength in growth and semiconductor stocks rather than a company-specific catalyst.
Nine of 11 sectors traded higher, while the Russell 2000 gained 1.01% and the Dow rose 0.49%, showing broader participation across growth and cyclical stocks.
Intel also outpaced the Technology sector by about 1.3 percentage points during the session.
Technical Picture Remains MixedIntel trades about 4.9% above its 200-day moving average, keeping the longer-term trend positive despite the recent pullback.
However, the stock remains 12.2% below its 20-day moving average and 11.4% below its 50-day moving average, reflecting weaker short-term momentum.
The Technology sector has fallen 4.09% over the past 30 days but remains up 9.05% over the past 90 days.
Earnings and Analyst OutlookIntel is scheduled to report earnings on Oct. 29, 2026.
Analysts expect EPS of 39 cents, up from 23 cents a year earlier, and revenue of $16.45 billion, up from $13.65 billion.
Intel carries a Hold consensus rating with an average consensus price target of $102.
Susquehanna maintained Neutral and lowered its forecast to $105 on Oct. 21. TD Cowen maintained Hold and cut its forecast to $95, while JPMorgan upgraded Intel to Neutral and maintained an $85 forecast on Oct. 19.
Top ETF ExposureThe iShares Semiconductor ETF (NASDAQ:SOXX) holds an 8.56% weight in Intel, while the MicroSectors FANG & Innovation 3x Leveraged ETN (NYSE:BULZ) carries a 7.26% weighting.
The Invesco Semiconductors ETF (NYSE:PSI) holds a 5.64% weight in the stock.
Because Intel represents a meaningful portion of these funds, significant ETF inflows or outflows can translate into corresponding trading activity in INTC shares.
INTC Price ActionINTC Stock Price Activity: Intel shares were up 4.36% at $90.75 at the time of publication on Monday, according to Benzinga Pro data.
Photo: Shutterstock.com
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Adobe ve 3. čtvrtletí dosáhla rekordních tržeb ve výši 6,76 mld. USD, což představuje meziroční nárůst o 12,9 %, a zvýšila celoroční výhled upraveného non-GAAP EPS na 24,45–24,50 USD.
Adobe's stock is down 25% over the past year while its revenue, earnings, and user base keep climbing. Whether the market is pricing a real threat or a rare opportunity depends on a few key questions the next quarter will…
Adobe (NASDAQ:ADBE | ADBE Price Prediction) trades at $263.82. The market is pricing a dominant software franchise as an AI victim even though its numbers keep improving.
Adobe owns the default workflows in creative and document software: Photoshop, Illustrator, Premiere Pro, Acrobat and the PDF, along with Experience Cloud for enterprise marketing. The stock is down 24.62% year to date. Investors marked it down on three concerns: generative AI rivals, a CEO transition and an interim CFO. Through all of that, Adobe posted a record Q3 with revenue of $6.76 billion, up 12.9%, and beat EPS estimates for the fifth consecutive quarter.
Cash Machine Trading Near 10x Next Year’s Earnings
Consensus calls for fiscal 2027 non-GAAP EPS of $27.5076. At the current price, that works out to about 10x, which is a low multiple for a business with a 61.9% return on equity. Q3 free cash flow rose 14.68% to $2.44 billion. Adobe used $2.232 billion to retire about 9.5 million shares and still has $24.55 billion left on its authorization.
AI is adding to the business. AI-first ARR exceeded $650 million, growing more than 150%, and monthly active users passed 1 billion. Management raised full-year non-GAAP EPS guidance to $24.45 to $24.50. Analysts followed with 27 upward revisions and no cuts to fiscal 2026 estimates over the past week.
Margin Squeeze and AI Rivals Could Keep Shares Cheap
Profit is growing more slowly than sales. In Q3, revenue grew 12.89%, but operating income rose only 8.33% and net income just 3.1%. Management postponed price increases and tied slower net new ARR growth to its freemium push. Ending ARR growth is targeted at only 10.2%.
Canva, Figma and OpenAI’s image and video tools are going after the same creators. A $70 million goodwill impairment in Publishing and Advertising showed that some units are already under pressure. Wall Street remains cautious: 23 of 39 analysts rate the stock Hold.
New CEO and Freemium Conversion Still Need Proof
Anil Chakravarthy becomes CEO effective December 1, and his strategy has not yet been tested. The next checkpoint is Q4, which Adobe guided to $6.8 billion to $6.85 billion in revenue. Adobe MAX in November and the close of the Topaz Labs acquisition come before that report. Whether freemium users convert to paid plans over the next two or three quarters will decide whether margins recover.
Shares Fell 25% While the S&P 500 Gained 13%
Over the past year, Adobe fell 25.5% while the S&P 500 rose 13.13%. That pattern is now reversing: over the past month the stock gained 9.61% while the index slipped 1.02%. Shares trade at 15x trailing earnings and sit about 27% below the 52-week high of $363.70.
The consensus price target of $272.31 implies about 3.2% upside. Price targets are not guarantees, and this one appears to trail the improving fundamentals. The 39 ratings break down as follows:
A Franchise the Market Has Written Off
At $263.82, Adobe’s valuation leaves room for upside if its fundamentals hold.
The stock is priced as if its moat is shrinking, yet revenue is growing at double digits, guidance keeps rising and the user base passed 1 billion. At about 10x next year’s earnings, buybacks shrink the share count every quarter, so EPS can grow even if the multiple never recovers.
The first test comes with the Q4 earnings report. If Adobe hits the top of its guidance and announces new AI products at MAX, the gap between its fundamentals and its share price becomes hard to defend. A second leg comes if paid conversion improves in the first half of fiscal 2027.
The thesis breaks if net new ARR keeps slowing after freemium users have had time to convert, or if operating margins keep falling below sales growth. Investors should keep an eye on both trends every quarter.
Investors are paying a value-stock multiple for a franchise that still controls creative and document workflows and keeps raising its outlook.
Contact [email protected] for any questions or corrections.
Shopify zveřejní hospodářské výsledky za třetí čtvrtletí 3. listopadu; analytici očekávají tržby ve výši 3,65 mld. USD, což představuje meziroční růst o 32 %, a zisk na akcii ve výši 0,46 USD.
Shopify (SHOP +0.25%) will report earnings for the third quarter of 2026 on Nov. 3. Since it began to recover from its 52-week low closing price on May 13, the stock has risen by just over 75%.
That has led to its first record close in nearly a year. However, the recent gain may set investor expectations too high, adding to the risk of disappointment.
Indeed, the history of third-quarter reports tends to bode well for Shopify. Nonetheless, since its recent history suggests headwinds, investors should probably hold rather than buy the stock at this time.
Image source: The Motley Fool.
Shopify and third-quarter earnings Investors tend to consider a variety of metrics in these reports. Gross merchandise volume, revenue growth, free cash flow, and forward guidance are among these numbers.
With an increasingly popular sales platform and a vast ecosystem, Shopify's growth suggests that investors should be optimistic long term. Shopify has consistently delivered double-digit revenue growth for years, and the third quarter of 2026 will likely not be an exception.
Looking forward, consensus analyst estimates forecast revenue of $3.65 billion. If that holds, it will represent a 32% increase from year-ago levels. On a non-GAAP basis, they also predict earnings of $0.46 per share, 35% above the $0.34 per share reported in the year-ago quarter.
Moreover, in four of the previous five third-quarter reports, the SaaS stock price rose in the trading session following the earnings report. This is likely a measure of maturity and timing. With the exception of 2022, when it briefly entered the capital-intensive logistics business, Shopify has delivered positive free cash flow.
More importantly, Q3 is always a time when retailers of all sizes prepare for the busy holiday season. This attracts retailers who want to launch or revamp online sales sites using Shopify. They are likely also making greater use of Shopify's ecosystem as they prepare for a busy end-of-year period.
Unfortunately, the third quarter of 2025 was an exception in terms of stock performance. One factor was its highly elevated price-to-earnings (P/E) ratio of 127 at that time. Also, an earnings miss in Q4 followed, and Shopify stock trended downward until the following May.
SHOP Shopify$169.10+$0.42 (+0.25%)
NASDAQ · As of 1:36 PM ET 10/26/26
Today's conditions appear similar. Its P/E is now 114, only slightly lower than it was one year ago. Additionally, heavy investment in artificial intelligence (AI) solutions has become a headwind for stocks in general, and that could easily give investors another reason to sell. Considering near-term challenges, now might be the time to turn cautious.
Treat Shopify as a hold going into earnings Given its recent history, investors should probably refrain from adding shares before the Nov. 3 release of the third-quarter 2026 earnings report.
Indeed, Shopify's rapid growth makes it a great stock to hold. Also, since holiday-season preparation typically happens in Q3, it is an objectively favorable quarter for the company.
However, Shopify's stock is trading at a lofty valuation, even as the company has spent heavily on AI. Unfortunately, these factors may negate the historical third-quarter positives, and given the risk, investors should probably not buy shares right now.
American Express zvýšila celoroční výhled upraveného zisku na akcii pro rok 2026 na 17,60 až 17,90 USD díky silným útratám prémiových klientů a stabilní kvalitě úvěrového portfolia.
Key Takeaways AXP raises 2026 adjusted EPS guidance to $17.60-$17.90, backed by strong spending and stable credit quality.AXP reports 8% billed business growth and 17% higher net card fees, driven by premium card demand.AXP expands AI and plans to cut 5% of global positions to boost efficiency and investment capacity. American Express Company (AXP - Free Report) raised its 2026 earnings guidance during its third-quarter earnings call, supported by resilient premium customer spending, accelerating card fee growth and stable credit quality.
Management also outlined its artificial intelligence strategy, restructuring plans and competitive priorities, while analysts questioned the potential impact of AI-driven rewards optimization and rising competition in premium cards.
AXP Raises Earnings Outlook Amid Revenue GrowthAmerican Express raised its full-year 2026 reported earnings per share (EPS) guidance to $18.30-$18.60 and adjusted guidance to $17.60-$17.90. Revenue growth guidance remained unchanged at 10%.
Chairman and CEO Stephen Squeri attributed the improved outlook to sustained business momentum and strong customer engagement. CFO Christophe Le Caillec also emphasized disciplined expenses and consistent credit performance.
Adjusted quarterly earnings of $4.68 per share exceeded the Zacks Consensus Estimate of $4.47. Revenues of $20.06 billion missed the consensus estimate of $20.13 billion, despite increasing 9% year over year.
Amex Sees Resilient Premium Customer SpendingLe Caillec highlighted an 8% increase in billed business, reflecting continued spending strength despite the impact of co-brand portfolio exits.
U.S. consumer spending increased 9.4%, while travel and entertainment spending advanced 10%. Airline spending climbed 13%, and restaurant spending grew 9%.
International spending increased 11%, marking 22 consecutive quarters of double-digit growth. Management emphasized that premium customers continued demonstrating consistent engagement and spending patterns.
AXP Benefits From Accelerating Card Fee GrowthNet card fees grew 17% on a foreign exchange-adjusted basis, accelerating from 15% in the preceding quarter.
Le Caillec linked the improvement to the U.S. Platinum Card refresh and continued demand for premium products. The company acquired 3.1 million new cards, with 76% of new accounts carrying fees.
Management also highlighted stable lending fundamentals. Card balances increased 8%, while net interest income grew 10%. The net write-off rate declined to 1.8% from 1.9% a year earlier.
Amex Expands AI Across Its Membership ModelSqueri identified five areas for AI integration: customer value propositions, acquisition, engagement, payments and servicing.
The company is expanding its OpenAI collaboration, including plans for an Amex plug-in enabling card members to discover and enroll in offers. Its agentic commerce initiatives also focus on transaction authentication and customer protection.
During the Q&A, analysts from KBW and UBS questioned whether AI-powered rewards optimization could increase benefit expenses. Squeri emphasized controlled agent access, spending thresholds and the company's broader membership benefits. He acknowledged that determining the financial impact on customer engagement expenses remains premature.
AXP Targets Efficiency Through RestructuringAmerican Express recorded a $336 million restructuring charge, with plans to eliminate approximately 5% of its global positions.
Squeri explained that the initiative aims to simplify organizational structures, accelerate decisions and create additional investment capacity.
Le Caillec expects variable customer engagement expense growth to moderate significantly in the fourth quarter as the company laps the Platinum refresh. Management also addressed regulatory deficiencies and associated legal reserves, emphasizing remediation and stronger controls without changing its earnings outlook.
Amex Addresses Competition in Premium and Commercial Cards
During the Q&A session, analysts from Wells Fargo and Piper Sandler questioned intensifying competition for premium customers.
Squeri maintained that competition remains consistent with historical trends. He emphasized American Express' differentiated revenue model, combining customer spending, card fees and lending.
In commercial payments, management acknowledged weaker middle-market growth. The Center acquisition, Corporate Cashback Cards and integrated expense management capabilities are intended to strengthen competition against Ramp and Brex.
AXP Maintains Focus on Long-Term ExecutionManagement's commentary reflected confidence in premium customer engagement, disciplined underwriting and sustained investment in membership differentiation.
While restructuring and regulatory remediation remain priorities, executives emphasized expanding AI capabilities, improving efficiency and maintaining long-term earnings growth.
What AXP's Zacks Rank and Style Scores IndicateAmerican Express currently carries a Zacks Rank #3 (Hold), indicating a neutral near-term earnings estimate revision outlook. Its Value Score of C reflects middling value characteristics, while its Growth Score of D and Momentum Score of F indicate weaker positioning across those investment styles.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock's VGM Score of D reflects an unfavorable combined assessment of value, growth and momentum characteristics. Zacks' framework generally favors stocks with a Zacks Rank #1 or 2 (Buy) and Style Scores of A or B. AXP's current combination offers less favorable screening characteristics, although its Zacks Rank can change as analysts revise earnings estimates following the latest results.
American Express uvádí, že AI by klientům mohla usnadnit maximalizaci odměn z platebních karet; firma by stejnou technologii mohla využít k lepšímu pochopení chování klientů a úpravě nabídek.
American Express Co (NYSE:AXP) is preparing for a new challenge as artificial intelligence makes it easier for consumers to optimize credit card rewards.
CEO Stephen Squeri acknowledged that AI could help cardholders extract more value from benefits, potentially forcing issuers to rethink how they manage perks, spending thresholds and loyalty economics.
AI Changes the Rewards GameSpeaking on the company’s third-quarter earnings call, Squeri said consumers have always been able to optimize spending across cards, but AI could make that behavior more sophisticated.
"With AI, as it might allow people to game a little more, it also will allow us to manage it a little bit better as well by using AI tools to understand what people are doing," Squeri said.
The remarks came in response to KBW analyst Sanjay Sakhrani, who asked how AmEx would respond if consumers increasingly directed spending toward whichever card offered the highest rewards.
Squeri acknowledged that rewards optimization is already common. "We’ve got a lot of gaming today that goes on, and it’s part of the overall mix," he said.
The emerging risk is that AI assistants could make it easier to compare benefits, identify lucrative offers and allocate purchases across multiple cards. For issuers, that could complicate the economics of rewards programs if customers become more effective at using benefits without generating corresponding incremental spending.
AmEx did not quantify the potential financial impact of AI-driven rewards optimization.
Why AmEx Thinks It Has an EdgeSqueri argued that AmEx’s business model extends beyond points and cash-equivalent rewards. The company competes through access, service, security and its relationships with both cardholders and merchants.
"Our overall model is so much more than just about points," he said.
AmEx also has ways to limit the cost of benefits. Squeri pointed to spending thresholds on the Platinum Card, saying the company can require customers to reach certain levels of spending before qualifying for specific benefits, reducing opportunities to game the system.
AI could give the company another way to identify behavior patterns and adjust its offers. However, Squeri cautioned that the situation is still developing, leaving the eventual impact on card member services expenses uncertain.
The Stakes for InvestorsThe issue matters because AmEx’s premium-card strategy relies on making membership attractive while maintaining profitable customer relationships. In the third quarter, net card fees grew 17% on a foreign-exchange-adjusted basis, supported by the U.S. Platinum refresh, while U.S. consumer spending increased 9.4% year-over-year.
Those figures do not establish that AI is affecting rewards costs today. Instead, they show why managing the balance between generous benefits, customer engagement and profitability matters as AI changes consumer behavior.
For investors, the key question is whether AmEx can use AI to personalize benefits and deepen loyalty without allowing rewards optimization to erode program economics. The same technology that helps customers maximize value could help issuers respond — but the financial outcome remains an open question.
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Vrt Nargis-2 společnosti Chevron v egyptské části Středozemního moře potvrdil plynonosné vrstvy a objevil další vrstvu s čistou mocností plynu až 35 metrů.
Key Takeaways CVX's Nargis-2 well in Egypt confirmed existing gas reservoirs and encountered another gas-bearing interval.Drilled beyond 5,000 meters, the well found net gas pay of up to 35 meters, supporting further appraisal.Commercial success hinges on recoverable resources, project costs, capital needs and production timelines. Chevron Corporation (CVX - Free Report) has made further progress in assessing its offshore natural gas opportunity in Egypt after the Nargis-2 well delivered positive drilling results in the Mediterranean Sea. In an Oct. 24 announcement, Egypt’s Ministry of Petroleum and Mineral Resources said the well confirmed the continuation of gas-bearing reservoirs identified earlier and encountered another gas-bearing interval. The results give Chevron and its partners more information for evaluating the discovery, but additional work is required before a commercial development decision can be made.
Nargis-2 was drilled to a depth of more than 5,000 meters, and technical evaluation found net gas pay of up to 35 meters. The well also tested deeper geological layers, including formations associated with high pressure and temperature. Together, these findings help geologists build a clearer picture of the subsurface and assess whether the gas-bearing zones can support a viable project. However, the reported thickness is not a measure of total gas reserves, and it does not establish how much gas could ultimately be recovered.
Nargis-2 Expands the Evaluation ProgramDrilling began in May 2026, with Chevron working alongside its partners and the Egyptian Natural Gas Holding Company (“EGAS”). The well was planned to investigate the extent of the Nargis discovery and test additional formations below the intervals previously encountered. The presence of another gas-bearing layer is an encouraging result because it adds to the geological information available for the next stage of appraisal.
The latest update does not provide a revised estimate of the field’s resources or confirm a development schedule. Chevron and its partners will need to interpret the well data, assess reservoir characteristics and determine the technical and financial requirements of a potential development. Such work is especially important for offshore projects, where drilling, subsea facilities and supporting infrastructure can require significant investment. Until the appraisal results are translated into a development plan, the timing and scale of future production remain uncertain.
Chevron's Partnership Gives It a Role in Future DevelopmentChevron operates the Nargis area with Eni, Mubadala Energy and Egypt’s Tharwa Petroleum. The current contractor interests are 45% for Chevron, 30% for Eni through its subsidiary IEOC, 15% for Mubadala Energy and 10% for Tharwa Petroleum. The contractor group works with EGAS, which holds a 50% share in the concession structure.
The ownership mix gives Chevron an operating role in evaluating the discovery while spreading participation across several energy companies. Mubadala Energy completed its acquisition of a 15% interest from Eni in February 2026, leaving it with a 30% contractor interest. The companies will need to coordinate technical studies and future investment decisions as the project moves through appraisal. The partners' participation is not, on its own, evidence that a final investment decision has been made.
Why the Results Matter for Egypt's Gas SupplyEgypt’s petroleum ministry has identified the development of previously discovered but undeveloped resources as a priority. The policy aims to encourage exploration partners to continue investing and to move discoveries toward recoverable reserves and eventual production. If Nargis proves commercially viable, it could contribute to domestic natural gas supply and support Egypt’s broader efforts to develop offshore resources.
For Egypt, the key question is whether the field can be developed at a cost and pace that make sense under prevailing market conditions. More domestic gas production could provide an additional supply source, but that outcome depends on the volume of recoverable gas, the infrastructure required and the time needed to bring the asset online. The latest well results are a step in that process, not a guarantee of future output.
What CVX Investors Should MonitorFor Chevron investors, Nargis-2 adds a potential long-term growth opportunity to its international portfolio. A successful project could eventually contribute to production, but the announcement does not quantify the impact on Chevron’s earnings, cash flow or capital spending. It would therefore be premature to treat the drilling results as an immediate financial catalyst.
The next developments to watch are an updated assessment of the discovery, details on recoverable resources, the proposed development approach and any timeline for commercial production. Investors should also look for clarity on expected capital requirements and project economics. These factors will help establish whether the discovery can progress from geological promise to a project that creates value for Chevron and its partners.
Overall, Nargis-2 has delivered encouraging evidence that the known gas-bearing formations extend further and that an additional interval may be worth evaluating. The findings strengthen the case for continued appraisal, while leaving the field’s commercial scale and development prospects open. For now, Chevron has more data to work with; a clearer view of the asset’s value will depend on the technical and commercial conclusions that follow.
CVX's Zacks Rank & Other Key PicksCurrently, CVX sports a Zacks Rank #1 (Strong Buy).
Investors interested in the energy sector might consider other top-ranked stocks, such as Marathon Petroleum (MPC - Free Report) , Delek US Holdings (DK - Free Report) and Canadian Natural Resources Limited (CNQ - Free Report) , each sporting a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Marathon Petroleum is valued at $133.48 billion. The company is a leading U.S. independent refiner, marketer and transporter of petroleum products, with a strong refining footprint and an extensive midstream business. Marathon Petroleum benefits from its integrated operations, strategic refining assets and diversified earnings streams across the energy value chain.
Delek US Holdings is valued at $4.56 billion. It is a diversified downstream energy company engaged in petroleum refining, renewable fuels, asphalt production and logistics operations. Delek US Holdings operates multiple refineries in the United States and is committed to delivering safe, reliable energy while investing in cleaner energy initiatives.
Canadian Natural Resources is valued at $113.15 billion. It is an independent energy company. Canadian Natural Resources is engaged in the exploration, development, production and marketing of crude oil, natural gas and natural gas liquids.
Synopsys zvýšil výhled tržeb pro fiskální rok 2026 na 9,69–9,74 miliardy USD; opakované příjmy tvořily ve 3. čtvrtletí 82 % tržeb a objem nevyřízených zakázek dosáhl 10,9 miliardy USD.
Key Takeaways SNPS is automating engineering workflows across silicon-to-system design using AI agents.Recurring revenues accounted for 82% of fiscal Q3 2026 revenue, while backlog reached $10.9 billion.SNPS raised fiscal 2026 revenue guidance to $9.69-$9.74 billion.
Synopsys (SNPS - Free Report) is benefiting from rising demand for advanced chip design, verification and simulation tools as AI infrastructure expansion increases semiconductor and system-level engineering complexity. The company is integrating AI across its electronic design automation (EDA), verification and simulation portfolio to automate engineering workflows, improve productivity and accelerate chip development.
The integration of Ansys has further expanded its capabilities into multiphysics engineering, while growing demand for specialized chips, multi-die architectures and advanced packaging is creating additional growth opportunities. Currently, Synopsys is pursuing a multi-layered AI strategy focused on automating complex engineering tasks and expanding the use of its underlying design tools.
SNPS has introduced AgentEngineer, a portfolio of domain-specific, long-horizon AI agents built on its Autopilot Platform to automate engineering workflows across silicon-to-system design. The platform combines orchestration, persistent memory, engineering context and security to support more autonomous workflows. Synopsys is also collaborating with OpenAI to develop GPT-Synopsys for chip design, while its agreement with Amazon expands the use of its silicon IP, EDA, simulation and AI-powered engineering technologies for custom chips and AWS infrastructure.
Synopsys' growth strategy is supported by recurring revenues, a substantial backlog and improving cash generation. Recurring revenues accounted for 82% of total revenues in the third quarter of fiscal 2026, while backlog stood at $10.9 billion at the end of the quarter. EDA revenues grew 8.5% year over year, and Design IP returned to growth, supported by demand for interface, memory and die-to-die IP.
SNPS raised its fiscal 2026 revenue guidance to $9.69-$9.74 billion and expects EDA growth to accelerate to double digits for the full year. However, elevated debt following the Ansys acquisition, the ongoing recovery in Design IP margins, competitive pressures and customer concentration remain important risks.
How Competitors Fare Against SNPSSynopsys operates in a highly competitive EDA market, with major rivals, including Cadence Design Systems Inc. (CDNS - Free Report) and Keysight Technologies (KEYS - Free Report) . These companies serve different stages of the electronic and IC design lifecycle, offering specialized tools and solutions that help customers improve product development, design efficiency and testing.
Keysight Technologies competes primarily across electronic design, measurement and testing, with software and solutions covering areas such as electromagnetic analysis, circuit simulation and hardware verification. Meanwhile, Cadence Design Systems is benefiting from increasing design complexity and growing customer investments in AI-powered automation.
Cadence is also strengthening its position through its expanding Cadence.ai portfolio. New offerings, including AgentStack, ChipStack, ViraStack and InnoStack AI Super Agents, are broadening the company’s AI capabilities across the design workflow and could help Cadence maintain its momentum as AI adoption accelerates.
SNPS’ Price Performance, Valuation and EstimatesShares of SNPS have lost 8.4% year to date compared with the Computer - Software industry’s decline of 1%.
SNPS YTD Performance Chart
Image Source: Zacks Investment Research
From a valuation standpoint, SNPS trades at a forward price-to-sales ratio of 7.53X, higher than the industry’s average of 6.27X.
The Zacks Consensus Estimate for SNPS’ fiscal 2026 earnings is pegged at $15.14, indicating 17% year-over-year growth. Estimates have been revised upward in the past seven days.
Image Source: Zacks Investment Research
SNPS currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Proti společnosti Baidu byla podána hromadná žaloba kvůli údajnému klamání investorů ohledně jejího podnikání v oblasti AI a tržeb; její ADS se 18. srpna 2026 během seance propadly o 12,73 %.
NEW YORK, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies institutional investors in Baidu, Inc. (NASDAQ: BIDU) that a class action lawsuit has been filed on behalf of shareholders who purchased securities between November 18, 2025 and August 17, 2026. Request an institutional investor loss assessment. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
BIDU American Depositary Shares closed at $90.87 on August 18, 2026, a single-session decline of $13.25 per share, or 12.73%, on unusually heavy volume, and far below the Class Period high of $162.52 reached on January 22, 2026. To be considered for lead plaintiff, investors must file by November 13, 2026.
Notice to Institutional Holders
The pleading asserts that Baidu repeatedly told the market its AI-powered business was offsetting steep declines in legacy search advertising revenue. As averred in the action, that offset was allegedly insufficient and unsustainable, and total revenue was reasonably likely to decline. Fiscal 2025 total revenue fell 3% year over year to RMB 129.1 billion ($18.46 billion), and second quarter 2026 revenue declined 4% year over year.
The complaint charges that the Company's annual report stated it was not aware of any trends or uncertainties reasonably likely to have a material adverse effect on total revenue, a representation plaintiffs allege lacked a reasonable basis.
ERISA and Fiduciary Considerations
"Institutional investors play a critical role in securities class actions, and the alleged gap between Baidu's assurances about its AI transition and the revenue results later reported is precisely the type of issue fiduciaries are expected to evaluate. Funds with substantial documented losses are often best positioned to oversee a matter of this scale." -- Joseph E. Levi, Esq.
Fiduciary Obligations and Recovery Options
Plan trustees and investment committees are generally expected to consider whether identified securities claims represent recoverable plan assets rather than unclaimed value.Eligibility depends on purchases made during the November 18, 2025 through August 17, 2026 Class Period, not on whether the position is still held.Institutional loss analysis typically consolidates activity across custodians, sub-advisors, commingled vehicles, and separately managed accounts.Passive China-technology and ADR mandates may hold BIDU without actively monitoring pending U.S. securities litigation.Lead plaintiff appointment provides direct oversight of counsel, litigation strategy, and any proposed settlement, without increasing an individual claimant's share of recovery. Contact us to learn more about institutional recovery options or call (212) 363-7500.
INSTITUTIONAL INVESTOR REPRESENTATION — Levi & Korsinsky, LLP provides sophisticated counsel to institutional investors evaluating lead plaintiff opportunities. The firm has recovered hundreds of millions of dollars. Ranked among ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the BIDU Lawsuit
Q: When did Baidu, Inc. allegedly mislead investors? A: The Class Period runs from November 18, 2025 to August 17, 2026. The complaint alleges that corrective disclosures revealed information that caused a significant stock decline.
Q: What court was the BIDU class action filed in? A: The case was filed in the United States District Court for the Southern District of New York, governed by the Private Securities Litigation Reform Act of 1995.
Q: Who are the defendants named in the BIDU lawsuit? A: The complaint names Baidu, Inc. and individual defendants including senior executives who signed SEC filings, made public statements, or certified financial disclosures under Sarbanes-Oxley.
Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.
Q: What happens after I contact Levi & Korsinsky? A: An attorney will review your trading history at no cost and provide an initial assessment of your potential eligibility.
Q: What if I already sold my BIDU shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate.
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 if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of the investor's country of residence.
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.
In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.
However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.
T-Mobile (TMUS - Free Report) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
Here are three of the most important factors that make the stock of this wireless carrier a great growth pick right now.
Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for T-Mobile is 36.6%, investors should actually focus on the projected growth. The company's EPS is expected to grow 14.9% this year, crushing the industry average, which calls for EPS growth of 13.5%.
Cash Flow GrowthWhile cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.
Right now, year-over-year cash flow growth for T-Mobile is 3%, which is higher than many of its peers. In fact, the rate compares to the industry average of -0.6%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 6.3% over the past 3-5 years versus the industry average of 0.4%.
Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
The current-year earnings estimates for T-Mobile have been revising upward. The Zacks Consensus Estimate for the current year has surged 3.3% over the past month.
Bottom LineWhile the overall earnings estimate revisions have made T-Mobile a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that T-Mobile is a potential outperformer and a solid choice for growth investors.
Návštěvnost webu Costco z vyhledávání pomocí AI rostla druhé čtvrtletí po sobě trojciferným tempem a dosáhla nejvyššího konverzního poměru ze všech zdrojů.
Key Takeaways Costco's AI-driven search traffic grew at a triple-digit rate for the second straight quarter.AI-driven sales are rising at a triple-digit pace, with appliances, electronics and memberships leading.Costco's 16.4% stock gain tops the industry's 13.2% rise, but its premium valuation warrants caution. Costco Wholesale Corporation (COST - Free Report) is witnessing a notable shift in online shopping behavior as artificial intelligence increasingly shapes how consumers discover products. Although AI-driven search remains a relatively small channel compared with traditional sources of website traffic, its growing adoption is opening new opportunities for the warehouse retailer to connect with shoppers and drive online purchases.
On its fourth-quarter fiscal 2026 earnings call, Costco reported that traffic reaching its website through AI searches grew at a triple-digit rate for the second consecutive quarter. More importantly, this traffic continued to deliver the highest conversion rate among all sources visiting its site. Management stated that sales originating from searches conducted through AI tools, including those offered by OpenAI, Anthropic and Gemini, were growing at a triple-digit pace.
Appliances and consumer electronics lead purchases originating from AI searches, broadly mirroring Costco’s overall e-commerce mix. Memberships are also among the leading items discovered through these searches, suggesting shoppers are finding not just products but the retailer’s membership proposition.
Costco sees an advantage in AI-driven product discovery because it does not use paid digital advertising. The company is working with large language model providers to improve product data and website pages so its offerings appear clearly in search results. While the channel remains in its early stages, the strong growth in traffic and sales, coupled with high conversion rates, highlights its potential to become a more important source of online purchases.
How Are WMT and BJ Leveraging AI to Drive Digital Growth?Walmart Inc. (WMT - Free Report) is using AI to make digital shopping more personalized and convenient. Walmart said usage of its AI-powered Sparky assistant increased 70% year over year, while customers using Sparky spend 40% more per order. Walmart also highlighted Sparky’s ability to build meal plans, recommend products and recognize prior purchases across stores and online, helping shoppers avoid duplicate purchases and simplifying product discovery.
BJ’s Wholesale Club Holdings, Inc. (BJ - Free Report) is also deepening digital engagement through AI-enabled shopping support. BJ’s Wholesale said its AI-powered assistant, Bev, has handled more than 100,000 member conversations, helping shoppers find products, check club hours and better use their memberships. BJ’s Wholesale is pairing this capability with broader digital convenience, as digitally enabled comparable sales rose 30% in the second quarter of fiscal 2026 and digitally engaged members demonstrated stronger spending and loyalty.
How Does Costco Stack Up Against Its Industry?Costco stock has climbed 16.4% year to date compared with the industry’s rise of 13.2%.
Image Source: Zacks Investment Research
What Does Costco’s Current Valuation Suggest?Costco's forward 12-month price-to-earnings ratio stands at 43.55, higher than the industry’s ratio of 28.91. However, it is trading below its 12-month median level of 44.36, indicating some moderation in valuation.
Image Source: Zacks Investment Research
What Do Earnings Estimates Signal for Costco?The Zacks Consensus Estimate for Costco’s current fiscal-year sales and earnings per share implies year-over-year growth of 8.4% and 11%, respectively. For the next fiscal year, the consensus estimate indicates a 7.2% rise in sales and 9.8% growth in earnings.
Image Source: Zacks Investment Research
Costco’s Investment CaseCostco’s strong membership loyalty, expanding digital capabilities and growing AI-driven engagement support its long-term growth prospects. However, the emerging AI-search opportunity remains relatively small, while the stock’s premium valuation warrants caution despite encouraging earnings expectations. Investors may prefer a balanced approach at the current juncture. Costco currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Verizon nabízí ze srovnávaných titulů nejvyšší dividendový výnos, 6,18 %; dividendy ve 2. čtvrtletí představovaly přibližně 46 % volného peněžního toku ve výši 6,43 mld. USD.
Social Security's 3.6% COLA keeps your benefit moving, but your brokerage account has to fend for itself. Three dividend stocks not only clear that income bar but also carry the coverage ratios to prove the payout can last.
Social Security benefits rise 3.6% under the cost-of-living adjustment taking effect in 2027. The raise is applied to the check each retiree already gets, so it helps the benefit keep up with prices. It does nothing for the savings in a brokerage account. To grow your income alongside that benefit, you need dividend payers whose cash flow can support a steady, rising payout. Each of the three stocks below yields more than the COLA figure, and each passed a coverage check before yield was considered.
First, a COLA and a yield measure different things, as a COLA is a percentage increase on a benefit you already receive. On a hypothetical $2,000 monthly check, a 3.6% adjustment adds $72 a month. A dividend yield is the cash a stock pays each year divided by its current share price, and a yield alone can’t tell you whether the payout will grow or even last. So the COLA works here as a reference point for how fast a retiree’s income is rising, and each dividend still has to be judged on whether the business can pay for it.
PepsiCo: Global Brands Funding a Dividend That Has Risen Every Year in the Record PepsiCo (NASDAQ:PEP | PEP Price Prediction) sells snacks, foods and drinks in more than 200 countries and territories. Its brands include Pepsi, Lay’s, Doritos and Gatorade. At $136.28, the stock yields 4.13%. Part of that yield comes from a falling share price. The stock is down 6.41% over the past year and trades well below its 52-week high of $166.41.
Dividend safety: PepsiCo paid $5.80 per share in dividends against trailing EPS of $7.95, a payout ratio of about 73% of earnings. Free cash flow coverage is lower. The free cash flow yield of 4.15% roughly matches the dividend yield, so the business generates about enough free cash to pay its dividend. Management plans to return $8.9B to shareholders this year, including $7.9B in dividends. It is also targeting free cash flow conversion of at least 80%. Debt is manageable: operating earnings cover interest expense 10.26x.
Track record: PepsiCo’s dividend history goes back to 1999, and the quarterly payout steps up every year in that record. The latest quarterly payment is $1.48, up from $1.4225. That sets the forward annual dividend at $5.92.
Bull case: International growth is making up for a weak U.S. snack business. In the latest quarter, adjusted EPS of $2.34 beat the $2.30 estimate. Revenue rose 5.6% to $25.27B, and LatAm Foods grew 14%. People keep buying chips and sports drinks in a downturn, which gives retirees a steady source of cash to lean on.
Risk: North American snacks remain under pressure. Core operating profit in that segment fell 12%, and rising input costs led management to cut its core EPS growth outlook to 2.5% to 3.5%. Slower earnings growth could mean smaller dividend raises.
Realty Income: Monthly Checks With an A-Rated Balance Sheet Behind Them Realty Income (NYSE:O) is a real estate investment trust that owns over 15,500 properties. It rents them to 1,798 clients across 92 industries, mostly on long-term net rents where tenants cover taxes, insurance and maintenance. At $57.05, the stock yields 5.43%. That yield isn’t the result of a falling price, since the shares are roughly flat over the past year (down 0.05%).
Dividend safety: For a REIT, adjusted funds from operations (AFFO) is the right measure of coverage, because accounting depreciation makes GAAP earnings look smaller than the cash coming in. Second-quarter AFFO was $1.09 per share, against $0.8115 in dividends paid. That works out to a payout of about 74% of AFFO. The free cash flow yield of 7.18% sits above the dividend yield. The balance sheet has A-range credit ratings from all three major agencies: Moody’s A3, S&P A- and Fitch A. Net debt is 5.4x adjusted EBITDAre. Occupancy stands at 98.8%.
Track record: Realty Income has raised its dividend for 115 consecutive quarters and is part of to the S&P 500 Dividend Aristocrats index. Its dividend record shows a payment every month from 1999 onward, with the payout rising from $0.17 to $0.2715. The forward annual dividend is $3.258.
Bull case: Monthly payments match how retirees pay their bills. We rounded up seven of our favorite monthly payers in a free report here. The company keeps adding properties: it invested about $2.6B in the second quarter at a 7.3% initial cash yield. On re-leased properties, it recovered 102.7% of prior rent. A $6B hyperscale data center joint venture adds a new source of rent alongside retail and industrial.
Risk: Tenant credit quality. About 65.7% of annualized base rent comes from tenants without investment-grade ratings. A run of retail bankruptcies would put pressure on AFFO.
Verizon: The Biggest Yield in the Group, Covered Comfortably by Free Cash Flow Verizon (NYSE:VZ) provides wireless and broadband service to roughly 94.1 million postpaid phone connections and about 17.1 million broadband connections. The stock yields 6.18%, which puts it in ultra-high-yield territory. The yield is high even after a strong run: the shares are up 25.36% over the past year to $45.07. The stock trades at about 9x forward earnings.
Dividend safety: Free cash flow reached $6.43B in the second quarter, up 27.1% from a year earlier. The quarterly dividend of $0.7075 across 4,154,775,000 shares costs about $2.94 billion, roughly 46% of that quarter’s free cash flow. That leaves room for buybacks: Verizon had bought back $3.5B of stock through the second quarter. Net unsecured debt is 2.5x adjusted EBITDA.
Track record: Verizon’s quarterly payout has risen every year in its dividend history from $0.46 in 2009 to the current $0.7075. The forward annual dividend is $2.83.
The bull case: the core business is gaining strength. Verizon gained 184,000 postpaid phone customers, compared with a loss of 9,000 a year earlier. Postpaid phone churn, the share of customers who leave, improved to 0.92% from 0.97%. Adjusted EBITDA margin expanded to 40.1%. The Frontier Communications acquisition raised fiber connections to about 10.9M. Adjusted EPS of $1.30 beat the $1.27 estimate. Phone and internet bills get paid in any economy, and that is what funds this dividend.
Risk: Debt. Total unsecured debt stands at $136.5B. Leverage rose to 2.5x from 2.2x at the end of last year after the Frontier deal. Higher refinancing costs could reduce the cash available for dividend raises. Verizon appears on Barron’s list of stocks to watch this week. That makes its next quarterly update the first check on that leverage trend.
Income That Grows Alongside Your Benefit These three names suit retirees who want income from three different sources: everyday consumer brands, monthly rent checks and telecom bills. Realty Income offers the strongest coverage, with an A-rated balance sheet and monthly payments. Verizon has the highest yield and the largest free cash flow surplus. PepsiCo has the longest annual raise record in its dividend history, though its free cash flow covers the payout more narrowly than the other two. Together, they give a portfolio cash payouts that each business can fund, working alongside a Social Security check that rises with the COLA.
Contact [email protected] for any questions or corrections.
eBay ve výhledu na 3. čtvrtletí očekává tržby ve výši 3,07–3,12 mld. USD a non-GAAP EPS 1,36–1,42 USD; marže by měla kvůli Depopu klesnout na 25,1–25,6 %.
Key Takeaways eBay is set to report Q3 results on Oct. 28, with EPS estimated at $1.43 and revenues of $3.11 billion.Focused-category GMV surged 26% in Q2, while Depop is likely to add 1.5 points to eBay's Q3 revenue growth.eBay projects a 25.1-25.6% operating margin as Depop weighs on profits and organic GMV growth slows to 7-9%.
eBay (EBAY - Free Report) is scheduled to report its third-quarter 2026 results on Oct. 28, after market close.
For the third quarter, eBay expects total revenues between $3.07 billion and $3.12 billion. On an FX-neutral basis, year-over-year revenue growth is anticipated to be 8-10%. The Zacks Consensus Estimate for third-quarter 2026 revenues is pegged at $3.11 billion, suggesting 10.29% year-over-year growth.
eBay’s third-quarter 2026 non-GAAP earnings per share (EPS) are expected to be between $1.36 and $1.42. The consensus mark for earnings is pegged at $1.43 per share, up a penny over the past 30 and 60 days. The estimate implies 5.15% growth from earnings of $1.36 per share reported in the year-ago quarter.
eBay’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average positive surprise of 4.24%.
Let us see how things have shaped up for the upcoming announcement.
Factors Likely to Shape EBAY’s Q3 ResultseBay’s third-quarter 2026 results are expected to have benefited from strong momentum across its focused categories, including collectibles, Motors, fashion and refurbished goods. In the second quarter, focused-category gross merchandise volume (GMV) surged 26% year over year, accounting for more than 40% of total GMV. Sustained demand for trading cards, luxury fashion and automotive parts, coupled with expanded Authenticity Guarantee coverage and improved vehicle-fitment services, has strengthened buyer confidence. These initiatives are likely to have supported transaction volumes and revenue growth in the quarter under review.
eBay’s expanding consumer-to-consumer (C2C) and recommerce businesses, supported by the acquisition of Depop on July 30, are expected to have boosted third-quarter 2026 performance. Depop strengthens eBay’s presence in pre-loved fashion while expanding its reach among Gen Z and Millennial consumers. Core C2C GMV grew more than 20% in the second quarter, aided by AI-powered Magical Listing tools and improving seller engagement. Management expects Depop to contribute approximately 2.5 percentage points to consolidated FX-neutral GMV growth and 1.5 percentage points to revenue growth in the to-be-reported quarter.
eBay’s growing advertising business, complemented by expanding shipping and financial services capabilities, is expected to have strengthened third-quarter 2026 revenues. In the second quarter, first-party advertising revenues increased 24% year over year on an FX-neutral basis to $570 million, supported by stronger seller adoption and improved advertising relevance. Shipping revenues also recorded double-digit growth, reflecting increasing adoption of managed delivery solutions. Continued investments in Promoted Listings, cost-effective shipping and digital payment solutions are likely to have supported marketplace monetization and positively contributed to eBay’s take rate in the quarter under review.
However, eBay’s acquisition of Depop and increased investments in strategic growth initiatives are expected to have pressured third-quarter 2026 profitability. The company anticipates Depop to create a 3-4 percentage-point headwind to consolidated non-GAAP operating income growth and mid-single-digit dilution to non-GAAP earnings growth. Additionally, reduced interest income following the $1.4 billion cash acquisition is likely to have weighed on earnings. Management projects a non-GAAP operating margin of 25.1-25.6%, compared with 28.5% in the second quarter. These factors are expected to have constrained margin expansion and earnings growth in the to-be-reported quarter.
eBay’s third-quarter 2026 results are expected to have faced pressure from tougher year-over-year comparisons and slowing organic growth. The company indicated that the normalization of growth rates, which began in July, would affect third-quarter performance. Organic foreign exchange-neutral gross merchandise volume (GMV) growth is projected at 7-9%, compared with 14% in the second quarter. Moreover, persistent macroeconomic weakness in international markets and the strategic transition in Germany may have constrained marketplace activity. These factors are likely to have moderated eBay’s GMV and revenue growth in the quarter under review.
What Our Model Says About EBAY StockOur proven model predicts an earnings beat for eBay this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here.
eBay currently has an Earnings ESP of +0.20% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Other Stocks to ConsiderHere are some other companies worth considering, as our model shows that these too have the right combination of elements to beat earnings in their upcoming releases:
FIGS, Inc. (FIGS - Free Report) currently has an Earnings ESP of +5.00% and carries a Zacks Rank #2. FIGS’ shares have surged 77.8% year to date. FIGS is set to report its third-quarter 2026 results on Nov. 5. You can see the complete list of today’s Zacks #1 Rank stocks here.
Sweetgreen (SG - Free Report) presently has an Earnings ESP of +4.26% and a Zacks Rank #2. SG’s shares have gained 45.2% year to date. SG is set to report its third-quarter 2026 results on Nov. 5.
Murphy USA Inc. (MUSA - Free Report) has an Earnings ESP of +1.97% and a Zacks Rank #3 at present. MUSA’s shares have risen 32.4% year to date. MUSA is set to report its third-quarter 2026 results on Oct. 28.
Micron Technology Inc. (NASDAQ:MU) builds the memory chips inside AI servers. Its workers in Taoyuan, Taiwan, just sent a blunt message about who builds them.
Of 1,637 union members who voted on the company’s latest bonus offer, 1,633 rejected it, entrepreneur and independent analyst Shehroz Hussain wrote in his Tape Out newsletter.
The tally comes to 99.8% of ballots cast and, in Hussain’s words, "nearly 70% of the union’s membership."
The Taoyuan union confirmed the count in a statement on Sunday. "No" votes topped half of its entire membership, the union said, and first-day turnout beat its earlier strike vote.
MU stock is climbing. See the real-time price action here. What Workers Turned DownMicron plans quarterly performance-linked payments for employees worldwide starting in fiscal 2027, on top of its annual incentive program.
The pool is calculated as after-tax profit minus projected capital spending for the next quarter, using fiscal 2026 as the baseline. Half gets paid in cash after results, with the rest in shares vesting after one year.
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However, one number is missing. Unlike its South Korean rivals Samsung Electronics Co. Ltd. and SK Hynix Inc., Micron did not disclose a set share of earnings or the total amount reserved for employees, according to Reuters.
"The union still wants 15% of operating profit," Hussain wrote, referring to profit from the core business before interest and taxes.
"A strike has never been the goal, but a means of fighting for reasonable profit-sharing," the union said. It urged Micron not to use its 24-hour warning strike to "threaten and divide" workers.
Why the AI Boom Should CareTaiwan is a crucial production center for Micron’s DRAM and high-bandwidth memory (HBM) chips, both key components in AI servers. DRAM serves as a computer’s working memory, while HBM is a faster, stacked version mounted beside AI processors.
Micron employs about 15,000 people on the island, and its two unions together represent more than 80% of the Taiwan workforce. Labor action could amplify supply concerns in an already tight memory-chip market, according to Reuters.
Taipei is paying attention. Taiwan’s labor ministry urged Micron to consider workers’ concerns, put forward concrete proposals and negotiate with the union. On Oct. 15, President Lai Ching-te called on Micron and its workers to negotiate sincerely, Reuters reported.
Cracks in Taichung, TooManagement and the union at the larger Taichung facility signed an agreement on Wednesday, after which both sides withdrew from planned mediation. Reuters reported the terms were not made public.
Even so, the Taoyuan union says some Taichung members have launched a petition to withdraw their representatives’ authority. It has not disclosed how many signed.
The two sites are separate legal entities, so the Taichung deal does not cover Taoyuan. Talks there resume Oct. 27.
The Takeaway Hussain narrowed the story to one figure: "the percentage Micron eventually attaches to its profit pool, against the union’s 15% ask." In his view, "A number near that would show up in Micron’s Taiwan cost base."
MU Stock Price Activity: Micron stock was up 3.43% at $887.48 at the time of publication Monday, according to Benzinga Pro market data.
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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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MercadoLibre ve druhém čtvrtletí zvýšila hrubou hodnotu zboží (GMV) meziročně o 44 % na 21,9 mld. USD a počet aktivních kupujících o 26 % na 89,3 milionu.
Key Takeaways MercadoLibre's second-quarter GMV surged 44% to $21.9 billion, while active buyers rose 26% to 89.3 million.Brazil's lower shipping threshold fueled 39% FX-neutral GMV growth, while items sold jumped 56%.MELI's premium valuation, margin pressures and weaker demand in Mexico and Argentina cloud its growth outlook. MercadoLibre, Inc. (MELI - Free Report) continues to strengthen its position in Latin America's e-commerce market, supported by expanding buyer engagement, competitive pricing, and logistics investments. Its growing marketplace scale and efforts to improve the shopping experience are helping the company attract customers and deepen its presence across key markets.
The momentum was evident in second-quarter 2026 results, with gross merchandise volume (GMV) rising 44% year over year to $21.9 billion, or 36% on an FX-neutral basis. Items sold increased 45%, while unique active buyers climbed 26% to 89.3 million. Items purchased per buyer grew 14%, reflecting stronger engagement.
Brazil remains a key growth engine. The lower free-shipping threshold continued to support demand, with FX-neutral GMV increasing 39% and items sold rising 56%. Conversion improved 1.1 percentage points year over year. MercadoLibre also introduced buyer discounts for PIX payments and reduced seller take rates in selected categories, improving price competitiveness and helping active sellers grow 29%.
Broader product availability and faster delivery further reinforce its competitive position. Cross-border trade GMV increased 60% on an FX-neutral basis, while same-day and next-day shipments rose 38% to 225 million.
However, weaker consumer demand in Mexico and Argentina presents challenges to maintaining growth momentum. MercadoLibre's ability to sustain engagement, competitive pricing and service improvements will remain important to expanding its marketplace leadership.
How Does MercadoLibre Stack Up Against Its Industry?MercadoLibre, which competes with Amazon.com, Inc. (AMZN - Free Report) and Sea Limited (SE - Free Report) , has seen its shares decline 0.5% over the past three months against the industry’s 2.3% growth. While Amazon shares have climbed 7.2%, Sea Limited has fallen 28.5% in the aforementioned period.
Image Source: Zacks Investment Research
What Does MercadoLibre's Current Valuation Suggest?From a valuation standpoint, MercadoLibre's forward 12-month price-to-earnings (P/E) ratio is 34.75, higher than the industry average of 19.70. The stock is also trading above its 12-month median level of 34.29.
MercadoLibre is trading at a premium to Amazon (forward 12-month P/E of 22.53) and Sea Limited (14.54).
Image Source: Zacks Investment Research
What Do Earnings Estimates Signal for MercadoLibre?The Zacks Consensus Estimate for MercadoLibre’s current fiscal-year sales implies 44.5% year-over-year growth, while the consensus estimate for earnings per share suggests a 3.3% decline. For the next fiscal year, the consensus estimate indicates a 29% rise in sales and 44.9% growth in earnings.
Image Source: Zacks Investment Research
MELI’s Investment CaseMercadoLibre’s expanding marketplace presence, strong buyer engagement and integrated commerce-fintech ecosystem support its long-term growth potential. However, persistent margin pressures from strategic investments, softer consumer demand in key markets and a premium valuation remain concerns. Despite encouraging sales growth expectations, near-term earnings weakness and recent share-price underperformance suggest investors may prefer to remain cautious.
MELI currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Eli Lilly (LLY) vyplatí za čtvrté čtvrtletí 2026 dividendu ve výši 1,73 USD na akcii. Nárok na dividendu budou mít akcionáři zapsaní k 13. listopadu 2026; výplata proběhne 10. prosince 2026.
, /PRNewswire/ -- The board of directors of Eli Lilly and Company (NYSE: LLY) has declared a dividend for the fourth quarter of 2026 of $1.73 per share on outstanding common stock.
The dividend is payable on December 10, 2026, to shareholders of record at the close of business on November 13, 2026.
About Lilly
Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for 150 years, and today our medicines help tens of millions of people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/news, or follow us on Facebook, Instagram, and LinkedIn. F-LLY
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about expected dividend payments and reflects Lilly's current beliefs and expectations. However, there are significant risks and uncertainties in pharmaceutical research and development, as well as in business development activities and capital allocation strategies related to the company's business and actual results may differ materially due to various factors. For further discussion of risks and uncertainties relevant to Lilly's business that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
Refer to: Megan MacCauley; [email protected] (Media)
Michael Czapar; [email protected] (Investors)
Akcie Lockheed Martin v pondělí do 12:35 hodin ET vzrostly o 3,3 % poté, co tři analytici zvýšili své cílové ceny; Morgan Stanley nyní očekává cenu 835 USD.
Lockheed Martin (LMT +4.08%) stock just keeps flying higher.
Shares of the defense and aerospace giant jumped another 3.3% through 12:35 p.m. ET Monday after three separate Wall Street analysts chimed in with support for LockMart this morning. Let's take those in order:
Image source: Lockheed Martin.
Wall Street loves Lockheed Martin stockFirst up is Morgan Stanley analyst Kristine Liwag, who cites Lockheed's 10-year production contract with the Air Force to produce F-35 fighter jets at the rate of 156 aircraft per year as "reducing downside risk and providing visibility for its supply chain." At the same time, Liwag sees missile production boosting revenues in the mid-teens for the next five years.
Together, the analyst sees these developments pushing Lockheed stock up to $835 per share over the next year -- and deserving an upgrade to "overweight" (i.e., buy).
Bank of America and JP Morgan take a more cautious stance. Both kept their ratings on the defense giant at neutral today -- but raised their price targets regardless, to $620 per share and $665, respectively, as StreetInsider.com reports.
$628.85+$24.67 (+4.08%)
NYSE · As of 1:29 PM ET 10/26/26
What's next for Lockheed Martin stockOf the three, Bank of America analyst Ronald Epstein takes the most conservative position. Epstein likes the company's F-35 franchise and its larger contribution to Lockheed's revenues. He does worry, however, whether the increase in production at (presumably) bulk rates might depress Lockheed's profit margins?
That's a valid concern. Although aeronautics (the division that produces the F-35) is Lockheed's largest business, with $30.6 billion in annual revenue, it's already one of the company's less profitable divisions, generating operating profit margins below 7% last year. (The missiles division, in contrast, earned 13% margins!)
So more F-35 revenue could be a double-edged sword for Lockheed stock. Regardless, at a price-to-free cash flow ratio of less than 17x, a long-term earnings growth rate near 18%, and a dividend yield of 2.4%, Lockheed stock is cheap enough to be worth the risk.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lockheed Martin. The Motley Fool has a disclosure policy.
Key Takeaways RSG's Q3 revenues are projected to grow 4.7% y/y to $4.4B, while EPS is expected to reach $1.92.Collection revenues are expected to rise 6%, fueled by industrial activity, market-share gains and pricing.Landfill and transfer revenues are projected to grow 6.7%, aided by special waste and construction demand. Republic Services (RSG - Free Report) is scheduled to release third-quarter 2026 results on Oct. 29, after market close.
RSG has an impressive earnings surprise history. In the trailing four quarters, it surpassed the Zacks Consensus Estimate, with an average surprise of 5.5%.
Republic Services’ Q3 ExpectationsThe Zacks Consensus Estimate for the company’s revenues is set at $4.4 billion, implying a 4.7% increase from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for the collection segment’s revenues is pegged at $3 billion, suggesting a year-over-year rise of 6%.
Robust industrial activity, accompanied by increased service requirements from large-container customers, is expected to have supported this segment’s growth. Strengthening manufacturing activity, market-share gains in the industrial and small-container business, and prudent pricing are expected to have provided additional support.
For Landfill revenues, the consensus estimate is $901.6 million, suggesting 6.7% year-over-year growth. Improving underlying demand for special waste is anticipated to have laid the foundation for this segment’s revenue growth.
The consensus estimate for transfer revenues is $503.6 million, implying a 6.7% year-over-year rally. Improving commercial construction and industry activity is expected to have raised waste movements, potentially solidifying transfer revenues.
For the environmental solutions segment, the Zacks Consensus Estimate for revenues is $461.6 million. It marks a 2.8% uptick from the year-ago quarter. Growing demand for per-and polyfluoroalkyl-related substances, including hazardous waste disposal, wastewater treatment, remediation and solid waste disposal, is expected to have benefited this segment.
The consensus estimate for revenues from the other segment is pegged at $211.2 million, suggesting 3.5% year-over-year growth.
The consensus estimate for earnings per share is pinned at $1.92, a slight step up from the year-ago quarter. Improved route efficiency, service execution and safety driven by the RISE digital platform and continued price discipline are factors expected to have supported the bottom line.
What Our Model Says About RSGOur proven model does not conclusively predict an earnings beat for Republic Services this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Republic Services has an Earnings ESP of -0.11% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to ConsiderHere are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this time around.
Corpay (CPAY - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter 2026 revenues is $1.4 billion, indicating 16.1% year-over-year growth. For earnings, the consensus estimate is pinned at $7.18 per share, suggesting a 26% gain from the year-ago quarter’s actual. The company beat the Zacks Consensus Estimate in the past four quarters, the average surprise being 3.6%.
CPAY has an Earnings ESP of +1.07% and a Zacks Rank of 3 at present.
The company is scheduled to announce third-quarter 2026 results on Oct. 4.
Casella Waste Systems (CWST - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter 2026 revenues is $560.6 million, hinting at a 15.5% increase from the year-ago quarter’s actual. For earnings, the consensus estimate is pegged at 36 cents per share, suggesting a 14.3% decline from the year-ago quarter’s reported number. The company beat the Zacks Consensus Estimate in the past four quarters, the average surprise being 52.1%.
CWST has an Earnings ESP of +4.75% and a Zacks Rank of 3 at present. The company is scheduled to announce third-quarter 2026 results on Oct. 9.
Key Takeaways ITW expects Q3 revenues to rise 5% and adjusted EPS to increase 6.4%.Welding and Electronics revenues are projected to grow 9.5% and 10.1%, respectively.Weak construction markets, vehicle production and foreign currency headwinds may weigh on results.
Illinois Tool Works Inc. (ITW - Free Report) is scheduled to release third-quarter 2026 results on Oct. 27, 2026, before market open.
The Zacks Consensus Estimate for third-quarter earnings has remained steady in the past 30 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters. The average surprise was 2.9%.
The consensus estimate for third-quarter revenues is pegged at $4.26 billion, suggesting growth of 5% from the year-ago quarter’s figure. The consensus estimate for adjusted earnings is pinned at $2.99 per share, indicating a 6.4% increase from the year-ago quarter’s number.
Let’s see how things have shaped up for Illinois Tool this earnings season.
Factors to Note Ahead of ITW’s ResultsStrength in commercial construction in North America, along with positive contributions from residential renovation and improving demand across Europe and Australia/New Zealand, is likely to have boosted the performance of Illinois Tool’s Construction Products segment in the third quarter. Our model estimates the segment’s revenues to increase 1.1% year over year to $478.2 million.
Growth in medical, aerospace and consumer packaging markets is likely to have driven its Specialty Products segment’s performance. We expect the Specialty Products segment’s revenues to grow 2% year over year to $461.2 million.
Strong capital expenditure-related demand, broad-based growth across industrial and commercial markets, and healthy adoption of new products are expected to have aided the Welding segment’s performance in the third quarter. Our model estimates the segment’s revenues to increase 9.5% from the year-ago quarter to $522.1 million.
Strength in electronic assembly and semiconductor-related businesses, supported by expanded production capacity and differentiated product offerings, is expected to boost the Test & Measurement and Electronics segment’s results. We expect the segment’s revenues to increase 10.1% year over year to $768.3 million in the third quarter.
The Polymers & Fluids segment is anticipated to have performed well in the third quarter, driven by new product launches in the automotive aftermarket. We expect the segment’s revenues to increase 6.6% from the year-ago quarter to $$470.2 million.
However, weakness in the commercial and residential construction end markets, owing to lower demand for products in Europe, is likely to have hurt the Food Equipment segment’s revenues in the third quarter. The Automotive OEM segment’s performance is expected to have put up a weak show due to weak global vehicle production.
ITW has considerable exposure to overseas markets. Given the company’s substantial international operations, foreign currency headwinds are likely to have marred its profitability.
Earnings WhispersOur proven model does not conclusively predict an earnings beat for ITW this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.
Earnings ESP: ITW has an Earnings ESP of -0.97% as the Most Accurate Estimate is pegged at $2.96 per share, which is lower than the Zacks Consensus Estimate of $2.99. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: Illinois Tool presently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to ConsiderHere are some companies, which according to our model, have the right combination of elements to beat on earnings in this reporting cycle.
Stanley Black & Decker, Inc. (SWK - Free Report) has an Earnings ESP of +1.10% and a Zacks Rank of 2 at present. The company is slated to release third-quarter 2026 results on Nov. 4.
Stanley Black’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 23.3%.
Deere & Company (DE - Free Report) has an Earnings ESP of +1.86% and a Zacks Rank of 3 at present. The company is slated to release third-quarter 2026 results on Nov. 25.
Deere & Company’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the mark in one, the average surprise being 11.1%.
Crane Company (CR - Free Report) has an Earnings ESP of +0.86% and a Zacks Rank of 3 at present. The company is scheduled to release third-quarter 2026 results on Oct. 27.
Crane’s earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 10.4%.
Pembina Pipeline očekává, že EPS v roce 2026 vzroste o 15,79 % na 2,20 USD, přestože upravená EBITDA v segmentu potrubní přepravy meziročně klesla o 3 % na 626 mil. C$.
Key Takeaways Pembina Pipeline's shares gained 32.5% over 12 months, outperforming the sub-industry's 19% increase.2026 EPS is projected to grow 15.79%, supported by expansion projects and ethane agreements.Declining pipeline EBITDA, spread volatility and project execution risks challenge PBA's growth outlook.
Over the past 12 months, Pembina Pipeline Corporation (PBA - Free Report) stock has outperformed the Zacks Oil and Gas Production and Pipelines sub-industry. It gained 32.5% compared with the sub-industry's 19% increase. This reflects the stock's higher returns relative to its sub-industry over the past year.
12-Month Share-Price Performance Comparison
Image Source: Zacks Investment Research
Pembina Pipeline operates in the energy transportation and midstream services industry through three segments: Pipelines, Facilities, and Marketing and New Ventures. Its Pipelines segment has a transportation capacity of 2.9 million barrels of oil equivalent per day, supporting the movement of energy products across North America. The Facilities segment provides transportation and storage services for natural gas, condensate and natural gas liquids. Meanwhile, the Marketing and New Ventures segment focuses on buying and selling hydrocarbons, primarily sourced from the Western Canadian Sedimentary Basin.
Let's examine the key factors that could support Pembina Pipeline's growth and the risks that investors should consider before adding the stock to their portfolios.
Growth Drivers for Pembina Pipeline StockImproving Earnings Outlook: Pembina Pipeline’s earnings estimates indicate continued growth, with the Zacks Consensus Estimate for 2026 earnings per share pegged at $2.20. The estimate implies year-over-year growth of 15.79%, reflecting expectations for improved earnings performance in 2026.
Image Source: Zacks Investment Research
Integrated Asset Base: Pembina Pipeline connects natural gas, crude oil, condensate and natural gas liquids through processing, pipelines, storage, fractionation and export infrastructure. This integrated network can improve customer service and market access, while growth in one commodity stream may create additional throughput and service opportunities elsewhere.
Ambitious Growth Targets: Pembina Pipeline targets 5% to 7% annual growth in fee-based adjusted EBITDA per share through 2030. Its September presentation shows a path from C$6.76 per share at the midpoint of 2026 guidance to C$8.25-C$8.90 by 2030, supported by volume growth and sanctioned projects. Delivery depends on the stated project and volume assumptions
Stronger Ethane Supply Agreements: Pembina Pipeline sanctioned the C$570 million Heartland Extraction Plant and secured a long-term agreement to supply Dow with 22,500 barrels per day of ethane. Total contracted ethane volumes rise 15% to 57,500 barrels per day, while retained propane-plus output creates additional fractionation and marketing opportunities. This supports longer-term revenue visibility.
New Opportunity in Data Center Power: Pembina Pipeline and its partners reached a final investment decision on the 932-megawatt Greenlight gas-fired power facility for a Meta Platforms (META - Free Report) data center. Management expects a stable long-term cash-flow stream and stronger natural gas demand, with potential benefits for existing processing, transportation and natural gas liquids businesses. These benefits remain forward-looking.
Key Risks for Pembina Pipeline InvestorsDeclining Pipeline EBITDA: PBA’s pipeline adjusted EBITDA fell 3% year over year to C$626 million. The press release attributes part of the decline to the Alliance Pipeline’s new toll structure and revenue-sharing mechanism, which offset better contracted volumes and operating performance elsewhere in the pipeline division. This decline shows pressure on a major earnings segment.
Softer Q3 Outlook: PBA expects its third-quarter adjusted EBITDA contribution to be below the second quarter because of seasonal factors, spending timing and one-time items. Higher integrity and maintenance costs add pressure, so near-term results may weaken even though full-year guidance was reaffirmed. This creates a weaker near-term comparison.
Exposure to Market Volatility: PBA expects its U.S. and Canadian fractionation-spread businesses to represent about two-thirds of marketing in 2025-2026. It has hedged 90% of third-quarter exposure but only 40% of fourth-quarter exposure, leaving results more sensitive to spread movements later in the year. This leaves some marketing results exposed to spread volatility.
Potential Delays at Cedar LNG: PBA expects Cedar LNG to begin exports in late 2028, so the project will not contribute its full intended benefits immediately. Management identified the floating vessel’s final hookup and commissioning as the key remaining unknown, leaving timing and execution risk before operations start and cash flows ramp up materially.
Regulatory and Investment Hurdles: Pembina Pipeline’s proposed West Coast oil pipeline still needs regulatory approval, competitive cost estimates and sufficient volumes to support investment. Management said these conditions would be assessed over roughly 18 months, meaning the project’s potential benefits are not yet secured earnings and could delay investment approval.
Should Investors Buy or Hold PBA Stock?Pembina Pipeline’s earnings estimates point to continued growth, supported by its integrated asset base, long-term EBITDA per-share targets and expanded ethane supply agreement with Dow. The Greenlight gas-fired power facility also offers potential long-term cash flow opportunities. However, declining pipeline-adjusted EBITDA, a weaker near-term outlook and exposure to fractionation-spread volatility could pressure results. Delays and execution risks related to Cedar LNG and the proposed West Coast oil pipeline add further uncertainty to future growth. Given this mix of strengths and potential challenges, investors should wait for a more opportune entry point instead of adding this Zacks Rank #3 (Hold) stock to their portfolios.
On the other hand, META is a technology company that operates Facebook, Instagram, WhatsApp and Messenger while investing in artificial intelligence, digital advertising, and virtual and augmented reality technologies. META carries a Zacks Rank #3 at present.
Key PicksInvestors interested in the energy sector might consider some better-ranked stocks, such as Marathon Petroleum (MPC - Free Report) and Delek US Holdings (DK - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Marathon Petroleum is valued at $133.48 billion. The company is a leading U.S. independent refiner, marketer and transporter of petroleum products, with a strong refining footprint and an extensive midstream business. Marathon Petroleum benefits from its integrated operations, strategic refining assets and diversified earnings streams across the energy value chain.
Delek US Holdings is valued at $4.56 billion. It is a diversified downstream energy company engaged in petroleum refining, renewable fuels, asphalt production and logistics operations. Delek US Holdings operates multiple refineries in the United States and is committed to delivering safe, reliable energy while investing in cleaner energy initiatives.
Strategy drží 848 517 BTC v hodnotě 67,5 mld. USD a má 5,1 mld. USD v hotovosti, což jí umožní po dobu 3,4 roku pokrývat dividendy a úroky bez prodeje bitcoinů.
Strategy holds nearly $70 billion in Bitcoin while its stock slides and preferred dividends pile up, raising a question that could rattle crypto markets: how long before the company faces pressure to sell its prized holdings?
Strategy Inc. (NASDAQ: MSTR | MSTR Price Prediction) reported cash reserves of $5.1 billion, enough to cover dividends and interest payments for the next 3.4 years without selling any Bitcoin. Executive Chairman Michael Saylor shared on X on October 26, 2026, that the company holds 848,517 Bitcoin (CRYPTO: BTC), valued at about $67.5 billion, along with $5.1 billion in cash as of October 25.
Saylor announced, “Strategy has repurchased $205M of $STRC. As of 10/25/26, we hold 848,517 $BTC and $5.1B of USD Assets.” STRC refers to one of Strategy’s preferred stocks, which pays a fixed dividend to its holders before common shareholders receive any dividend.
Despite this promising news, investor reactions were mixed. On October 26, the value of Strategy’s shares fell by 5.8%, settling around $138. Meanwhile, Bitcoin is trading at $79,560 after Bitcoin ETFs posted their largest outflow since June, putting it about 37% below its record high of $126,080.
Saylor Outlines Cash Coverage for 3.4 Years of Payments
Saylor detailed that the cash reserve can cover its obligations for 3.4 years. Those obligations are large, as Strategy paid $400.7 million in preferred dividends in the second quarter alone, a figure that can escalate with each new stock issuance. He also noted that “USD Duration is 3.4 yrs and STRC’s BTC Credit is 54 bps assuming 10% BTC ARR, 40% BTC Vol, and a BTC price of $81,200.”
The USD Duration reflects how long the reserves can sustain dividend payments, while BTC Credit indicates how well Strategy’s Bitcoin assets safeguard STRC holders.
Strategy’s Bitcoin holdings remained unchanged from its October 19 filing, indicating no new Bitcoin purchases in the week leading up to October 25. The week before, the company bought 250 BTC, roughly $20 million at today’s prices, and repurchased $192 million of STRC shares. Saylor did not disclose details about cash reserves or annual dividend obligations.
Strategy’s Cash Reserve Has Grown Since Q2, but Its Bills Are Large
The company’s cash reserves have increased from $3.75 billion in Q2, enough to cover just over 2.1 years of payments. However, the company’s obligations are also significant. Its convertible debt totals $6.7 billion, and it posted a net loss of $8.22 billion in Q2, primarily from an $8.32 billion unrealized loss on its Bitcoin holdings, recorded when the price declines.
Has Strategy Sold Bitcoin This Year?
Strategy has a history of selling Bitcoin, having monetized $218.4 million through Q2, with board approvals for sales up to $1.25 billion to bolster cash reserves.
For a forced sale to occur, three factors must align: cash reserves must deplete, Bitcoin prices must drop significantly enough to challenge cash flow, and capital markets must close off funding opportunities. In Q2, capital markets were accessible, allowing Strategy to raise $8.41 billion through its at-the-market program, which involves gradually selling new shares.
Despite this, Strategy’s Bitcoin acquisitions have slowed as share buybacks took precedence, dropping from 250 BTC purchases to none within a week, while STRC share repurchases rose to $205 million. Strategy’s shares have fallen 51.7% over the past year, meaning each new share sale raises less money—diluting existing shareholders more.
Could Strategy Need to Sell Bitcoin Again?
At this point, a forced sale appears unlikely. With enough cash to cover 3.4 years, Strategy can maintain its dividend payments without needing to liquidate Bitcoin. However, a voluntary sale remains possible, given board approval and the company’s prior Bitcoin sales. For MSTR shareholders, not selling Bitcoin may require more share sales, which yield decreasing returns as the stock price continues to drop.
Strategy is anticipated to announce its Q3 results after the market closes on October 29. If the upcoming report shows Bitcoin sales exceeding the previously reported $218.4 million or USD Duration below 3.4 years, selling could increase further.
Contact [email protected] for any questions or corrections.
Key Takeaways GEN expects fiscal second-quarter 2027 revenues of $1.325-$1.350 billion and EPS of 71-73 cents.GEN blocked over 500 million scam attacks in Q1 as AI-enabled threats drive demand for protection.GEN's Engine Marketplace reached a $500 million revenue run rate and added over 30 partners in Q1. Gen Digital (GEN - Free Report) is scheduled to report second-quarter fiscal 2027 results on Oct. 28, after market close.
GEN expects non-GAAP revenues in the band of $1.325-$1.350 billion for the quarter. The Zacks Consensus Estimate for revenues is pegged at $1.33 billion, indicating 9.4% year-over-year growth.
For the fiscal second quarter, Gen Digital expects non-GAAP earnings in the range of 71-73 cents per share. The consensus mark for the same is pegged at 72 cents per share, suggesting a year-over-year rise of 16.1%. The estimate has remained unchanged over the past 30 days.
GEN’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 2.3%.
Factors to Note for GEN's Q2 EarningsGen Digital is expected to have gained from sustained demand for cybersecurity, identity protection and financial safety solutions due to the rapid rise in cyber threats, particularly AI-enabled scams. The emergence of cyber safety and financial wellness is likely to have been a tailwind for Gen Digital in the to-be-reported quarter.
In the Cyber Safety segment, rising concerns about AI-enabled scams are expected to have supported demand for Gen Digital's security and privacy solutions. The company's scam protection engine blocked more than 500 million scam attacks in the first quarter, while consumer research showed that more than 60% of respondents were more likely to pay for protection against AI-driven scams. Continued demand for higher-tier Norton 360 subscriptions, along with stronger cross-selling and upselling across Norton, Avast and Avira, is likely to have supported growth in the fiscal second quarter.
Engine Marketplace is expected to have supported revenue growth in the fiscal second quarter through the addition of partners, new product categories and broader distribution. The business reached an annual revenue run rate of approximately $500 million in the first quarter, added more than 30 partners and expanded into insurance. Further integration of Trellis insurance capabilities and partnerships with platforms such as Equifax could have helped connect GEN with more customers seeking financial products, which might have contributed significantly to the company's growth in the fiscal second quarter.
Momentum in the quarter is likely to have been supported by Gen Digital's expanding AI-driven product portfolio. Norton Neo, its AI-native browser, doubled its daily active users in the first quarter, while its Sage agent security engine was made available to 25 million customers through Norton 360 and Avast One. The launch of MoneyLion One, which combines financial wellness with identity and scam protection, is likely to have supported cross-selling opportunities in the fiscal second quarter.
What Our Model Says About GENOur proven model does not conclusively predict an earnings beat for GEN this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here.
GEN has an Earnings ESP of 0.00% and carries a Zacks Rank #2 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With Favorable CombinationHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Seagate Technology (STX - Free Report) has an Earnings ESP of +2.07% and sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Seagate Technology is set to report first-quarter fiscal 2027 results on Oct. 27. The Zacks Consensus Estimate for Seagate Technology’s first-quarter fiscal 2027 earnings is pegged at $7.44 per share, up by 10 cents over the past seven days, indicating a rise of 185.1% from the year-ago quarter’s reported figure.
Amphenol (APH - Free Report) has an Earnings ESP of +1.72% and carries a Zacks Rank #2 at present.
Amphenol is set to report third-quarter 2026 results on Oct. 28. The Zacks Consensus Estimate for Amphenol’s third-quarter 2026 earnings is pegged at 73 cents per share, up by a penny over the past seven days, indicating a rise of 55.3% from the year-ago quarter’s reported figure.
Corning (GLW - Free Report) has an Earnings ESP of +0.34% and a Zacks Rank #2 at present.
Corning is slated to report third-quarter 2026 results on Oct. 27. The Zacks Consensus Estimate for Corning’s third-quarter 2026 earnings is pegged at 89 cents per share, up by a penny over the past seven days, indicating a rise of 32.8% from the year-ago quarter’s reported figure.
Proti společnosti FuelCell Energy byla podána hromadná žaloba kvůli údajným zavádějícím informacím; po oznámení ztráty ve výši 45,3 milionu USD akcie během jediné seance klesly téměř o 16 %.
, /PRNewswire/ -- National trial law firm Hagens Berman alerts investors in FuelCell Energy, Inc. (NASDAQ: FCEL) that a securities class action has been filed, and reminds investors that they have until November 10, 2026, to seek appointment as lead plaintiff.
If you purchased or acquired FuelCell securities during the Class Period and suffered significant financial losses, submit your losses now.
Key Details
Class Period: June 24, 2026 – Sept. 1, 2026Lead Plaintiff Deadline: Nov. 10, 2026Visit: www.hbsslaw.com/fcel Direct Contact Email: [email protected] Firm Telephone: 844-916-0895Video: https://youtu.be/GlhunVARgjoWhat is the FuelCell Securities Class Action About?
The lawsuit focuses on whether FuelCell Energy and certain top executives—including CEO Jason B. Few and CFO Michael S. Bishop—violated the Securities Exchange Act of 1934 by making materially false and misleading statements regarding the company's manufacturing capacity, production economics, and a major commercial agreement.
Specifically, the action alleges that throughout the Class Period, defendants touted a high-profile Capital Equipment Purchase Agreement (CEPA) announced on June 24, 2026, under which FuelCell agreed to supply carbonate fuel cell block systems for up to 380 megawatts (MW) of clean, baseload on-site power for data centers to Fit Energy USA LP (beginning with an initial 30 MW phase). Concurrently, FuelCell capitalized on the market enthusiasm by completing a massive underwritten public offering of over 12 million shares of common stock at $21 per share, raising roughly $245.5 million in net proceeds.
However, the complaint alleges that defendants failed to disclose critical operational realities to investors:
That FuelCell's actual manufacturing capacity was wholly inadequate to generate the production rates required under the Fit Energy CEPA;That the lagging production volume meant product costs and manufacturing overhead heavily exceeded the contractual pricing, locking the company into severe gross losses; andThat the company was tracking multi-million-dollar charges and inventory commitments tied to Phase 0 of the agreement that would decimate its quarterly profitability.The truth emerged before the market opened on September 2, 2026, when FuelCell reported its fiscal third-quarter 2026 financial results. The company revealed a staggering net loss of $45.3 million and a massive jump in gross losses—driven by $17 million in charges recorded for Phase 0 of the Fit Energy CEPA because current product costs and overhead exceeded contract pricing.
Following these disclosures, the price of FuelCell stock plummeted nearly 16% in a single trading session, severely damaging shareholders.
What Can FuelCell Investors Do?
If you purchased FCEL securities between June 24, 2026, and September 1, 2026, you may be eligible to participate in the lawsuit as a lead plaintiff.
The Private Securities Litigation Reform Act of 1995 permits any investor who suffered financial losses to seek appointment as lead plaintiff. You do not need to sell your shares to join the class action.
Click Here To Submit Your Losses Click Here to Discuss Your Legal Rights: Contact Hagens Berman attorneys to learn more about the case, the lead plaintiff timeline, and your options."We're focused on whether FuelCell may have misled investors about its manufacturing capabilities, as the suit alleges," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the claims in the pending suit.
Whistleblowers: Persons with non-public information regarding FuelCell should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
Doporučení pro Vale bylo sníženo na „držet“ po celkovém zhodnocení 47 % od února 2025; navzdory rekordní produkci kovů rostou obavy z nákladů a závislosti na cenách železné rudy.
SummaryVale is downgraded to "Hold" after a strong 47% total return since February 2025, citing bearish technicals and valuation concerns.Despite record metals production and a 19% YoY EBITDA increase, VALE faces cost inflation and commodity price dependency, notably in iron ore.Shares now trade above their historical P/E, with a limited margin of safety; a normalized EPS of $1.80 and a 7x multiple suggest a fair value near $12.60.The technical breakdown below $13.50 signals further downside risk, with potential support at $11 and $9.50; earnings are a near-term catalyst. ribeirorocha/iStock via Getty Images
Vale (VALE) edged lower amid a Brazil bloodbath on Monday, October 26. The iShares MSCI Brazil ETF (EWZ) plunged 25%, its worst day in the fund's 26-year history. EWZ went from a 38% YTD gain in early October, following the
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Key Takeaways DHI faces housing demand pressure from high mortgage rates and affordability challenges.Sales incentives and pricing pressure weigh on profits, partly offset by lower construction costs.Backlog value is expected to rise from a year ago, even as net sales orders are projected to decline.
D.R. Horton Inc. (DHI - Free Report) is slated to report results for the fourth quarter of fiscal 2026 (ended Sept. 30) on Oct. 29, before the opening bell.
In the last quarter, the company’s earnings and revenues beat the Zacks Consensus Estimates by 7% and 0.5%, respectively. On a year-over-year basis, earnings declined 4.8%, while revenues increased marginally.
Markedly, D.R. Horton reported better-than-expected earnings in three of the trailing four quarters and missed on one occasion, the average surprise being 1.9%.
How Are Estimates Placed for D.R. Horton Stock?The Zacks Consensus Estimate for the quarter’s earnings per share (EPS) has been unchanged at $3.03 over the past 30 days. The estimated figure indicates a decline of 0.3% from the year-ago reported EPS of $3.04.
The consensus mark for revenues is $9.04 billion, indicating a 6.6% year-over-year decline.
Factors Likely to Shape DHI’s Q4 ResultsRevenuesD.R. Horton’s fourth-quarter fiscal 2026 revenues are expected to have declined year over year, reflecting continued pressure on housing demand and affordability. Elevated mortgage rates, higher homeownership costs and cautious consumer sentiment are likely to have weighed on home sales. The company expects sales incentives to have remained elevated during the quarter, with incentive levels depending on demand, mortgage rates and broader market conditions. These incentives might have helped support sales but could limit revenue growth.
Elevated sales incentives and affordability-focused pricing are also likely to have continued pressuring average selling prices (ASPs), limiting revenue growth despite its efforts to support demand. The company’s broad geographic footprint and focus on entry-level homes might have helped it respond to local market conditions, but affordability constraints remain a key challenge.
For the fourth quarter of fiscal 2026, D.R. Horton expects consolidated revenues of $8.8 billion to $9.3 billion and homebuilding closings of 22,500 to 23,000 homes. These targets reflect the company’s expectations under current market conditions. Affordability constraints and elevated incentives are likely to have remained key factors affecting performance.
Under the Homebuilding segment (which contributed 92% to the fiscal 2025 total revenues), the Zacks Consensus Estimate for DHI’s home sales is pegged at $8.26 billion for the fiscal fourth quarter, indicating a fall from the $8.54 billion reported a year ago. The consensus mark for the ASPs for homes delivered is expected to be $364,000.
Rental Property revenues (which contributed 4.8% to the total revenues in fiscal 2025) are expected to be $453 million, which implies a decline from the year-ago reported level of $805 million.
Conversely, Forestar revenues (which contributed 4.9% to the total revenues in fiscal 2025) are likely to be $624 million, which indicates a decline from the year-ago reported level of $671 million. The Financial Services segment’s revenues (which contributed 2.5% to the total revenues in fiscal 2025) are expected to be $212 million, which indicates a decline from the year-ago reported level of $218 million.
Margins & Bottom LineD.R. Horton’s earnings are expected to have declined year over year, with profitability likely to have remained under pressure from elevated sales incentives and pricing pressure. However, lower construction costs and improved construction efficiency might have partly offset these pressures. The company expects fiscal fourth-quarter home sales gross margin to range from 20.5% to 21%, indicating relatively stable margins sequentially.
Lower revenues and persistent pricing pressure are also likely to have weighed on operating leverage. Homebuilding SG&A expenses might have remained high relative to revenues if sales growth and average selling prices do not improve.
For the fiscal fourth quarter, D.R. Horton expects a consolidated pretax profit margin of 12.3% to 12.8%.
Orders & BacklogFor the fiscal fourth quarter, the consensus estimate suggests that net sales orders will decline 1% year over year to 19,874 units. The same for backlog is pegged at 13,095 units, which indicates 21.4% growth from that recorded a year ago. The value of the backlog is expected to be $5.02 billion, implying growth from the $4.12 billion reported a year ago.
What the Zacks Model Unveils for DHIOur proven model does not conclusively predict an earnings beat for D.R. Horton this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here.
Earnings ESP: DHI has an Earnings ESP of +0.15% at present. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank of 4 (Sell).
Stocks to ConsiderHere are some companies in the Zacks Construction sector, which, according to our model, have the right combination of elements to post an earnings beat.
Argan, Inc. (AGX - Free Report) has an Earnings ESP of +4.79% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
With the average surprise being 44.2%, Argan’s earnings beat estimates in each of the past four quarters. Argan’s is expected to register a 53.9% increase in earnings for the to-be-reported quarter.
Sterling Infrastructure, Inc. (STRL - Free Report) currently has an Earnings ESP of +0.80% and a Zacks Rank of 2.
With the average surprise being 27.2%, Sterling’s earnings beat estimates in each of the last four quarters. Sterling is expected to register a 74.4% increase in earnings for the to-be-reported quarter.
Quanta Services (PWR - Free Report) has an Earnings ESP of +2.66% and a Zacks Rank of 3.
With the average surprise being 17%, Quanta Services’ earnings beat estimates in each of the last four quarters. Quanta Services is expected to register a 50.5% increase in earnings for the to-be-reported quarter.
SummaryNasdaq remains a buy after strong earnings, with shares up over 4% since my last recommendation.NDAQ posted 14% revenue and ARR growth, robust enterprise license gains, and 20% YOY growth in Capital Access Platforms.Proprietary, walled-garden data positions NDAQ to benefit from AI-driven demand, despite rising competition and margin pressures.Debt remains elevated but is improving; I continue to monitor margins and macro risks, yet see NDAQ as attractively valued. hapabapa/iStock Editorial via Getty Images
I got the timing wrong when I assigned Nasdaq, Inc. (NDAQ) a buy back in late August. Days later, the stock tumbled, going from around $100 to below $90. Not the biggest drop, but still a drop. Yet the recent
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of NDAQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
CME Group ve třetím čtvrtletí zvýšila průměrný denní objem obchodů o 16 % na rekordních 29,4 milionu kontraktů, zatímco mezinárodní objem vzrostl o 22 %.
Over the next few weeks, hundreds of companies will report quarterly results. If you own 20, 50, or 100 stocks, the reports can pile up faster than you can read them, and it's hard to know which ones deserve your time.
The last of six Rule Breakers Principles is built for this stretch: Review quarterly, manage accordingly.
A quarter gives a business enough time to show real change, whether that's a strong report or a sharp drop, without letting problems go unnoticed for long.
You don't need to give every stock the same attention.
Holdings that comprise about 5% of your portfolio deserve the full treatment, so read the earnings release, skim the conference call, and check what competitors are saying.Positions between about 1.5% and 5% usually need only a scan of the headlines that have occurred since your last check-in.Below 1.5%, it's fine to let a quarter slide. If any of those small positions turn into winners, they'll grow into bigger ones and earn more of your time.Let AI Do the First PassA short AI prompt can handle much of that headline scan. Here's one to adapt:
I'm doing a quarterly review of [company]. What are the most important developments from the past three months that a long-term shareholder should know? Compare the latest results with these reasons I bought it: [your reasons]. Keep it under 250 words and link to your sources.Asking for links is worth the extra words. AI tools can get facts wrong, so click through the primary sources before you act on anything.
Now try it on CME Group (CME +0.76%), which runs the world's leading derivatives marketplace and reported results on Oct. 21. When Team Rule Breakers recommended the company in Stock Advisor in June 2025, the case rested mainly on volatility driving trading volume, international trading growing faster than U.S. trading, and exceptionally high margins.
The third quarter backed up each point. Average daily volume rose 16% to a third-quarter record of 29.4 million contracts. International volume grew 22%. The operating margin was roughly 65%, in line with where it stood when the team recommended the stock. CME also returned nearly $1 billion to shareholders through dividends and buybacks.
For CME, managing accordingly means holding steady.
The case against holding starts with the share price. The team recommended CME at $270.59, and shares trade around $308 today. That's a solid gain, but the stock has trailed the S&P 500 since, even counting its dividend. Anyone hoping for a market beater has been disappointed so far.
A quarterly review, though, judges the business against the reasons you bought it. The team wanted a low-volatility stock that profits when markets turn turbulent, and this month has fit that description so far. While AI-linked stocks have slid, CME's shares have climbed more than 10%.
Holding CME makes sense if you believe markets will stay jumpy and that CME can keep its edge against European rivals. Team Rule Breakers still holds the stock and has recommended it again in other Motley Fool services since that recommendation last June.
Key Takeaways ICE's Exchange revenues are supported by trading volumes, new listings and customer growth. Fixed Income and Data Services and Mortgage Technology could gain from clearing activity & client expansions. Q3 ADV rose 31%, while higher technology investments and compensation costs are expected to lift expenses. Intercontinental Exchange Inc. (ICE - Free Report) is expected to register an improvement in both top and bottom lines when it reports third-quarter 2026 results on Oct. 29, before market open.
The Zacks Consensus Estimate for ICE’s third-quarter revenues is pegged at $2.73 billion, indicating 13.2% growth from the year-ago reported figure.
The consensus estimate for earnings is pegged at $1.97 per share. The Zacks Consensus Estimate for ICE’s third-quarter earnings has moved up 3.7% in the past 30 days. The estimate suggests a year-over-year increase of 15.2%.
What the Zacks Model Unveils for ICEOur proven model does not conclusively predict an earnings beat for Intercontinental Exchange this time around. This is because a stock needs to have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). This is not the case, as you can see below.
Earnings ESP: Intercontinental Exchange has an Earnings ESP of -0.02%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: ICE carries a Zacks Rank #2 at present.
Factors Likely to Shape Q3 Results of ICEICE’s third-quarter results are likely to benefit from continued strength and consistency of business model, with growth across all three of its operating segments and strong free cash flow generation.
Fixed Income and Data Services revenues are likely to have gained from strength in fixed income data and analytics products and the data and network technology portfolio, and the CDS clearing business. Higher clearing volumes driven by elevated market volatility from geopolitical events, growth in the pricing and reference data business and strength in index business, growth in ICE Global Network offering, coupled with strength in consolidated feeds, desktop and derivative analytics revenues are expected to have supported the segment's performance. The Zacks Consensus Estimate for Fixed Income and Data Services revenues is pegged at $661 million.
Higher trading volumes in interest rate, energy and commodity futures and options markets, along with strong customer retention, new customer additions and increased spending by existing customers, new listings, higher net interest income and fees on collateral balances, are expected to have driven the Exchange segment. The Zacks Consensus Estimate for the Exchange segment revenues is pinned at $1.5 billion.
The Mortgage Technology segment is expected to benefit from higher origination volumes, revenue contributions from new client implementations and renewal expansions with existing customers that drove broader product adoption. Origination volume, renewal expansions of existing customers, MSP new client implementations, contractual price increases, renewal expansions and default management revenues, continued adoption of data solutions and increased purchases by existing customers are expected to have supported the segment's performance. The Zacks Consensus Estimate for the segment’s revenues is pegged at $551 million.
Expenses are likely to have increased owing to higher compensation and benefits, professional expenses, acquisition-related transaction costs, and technology and communication costs. Continued investments in AI capabilities, technology infrastructure and innovation initiatives are also expected to have elevated operating costs during the to-be-reported quarter.
For the third quarter of 2026, adjusted operating expenses are expected to be in the range of $1.063 billion to $1.073 billion.
ICE reported a 31% increase in third-quarter average daily volume (ADV). Total Agriculture & Metals ADV improved 57% year over year, while total Financials ADV increased 45% in the second quarter. Total Equity Indices ADV increased 12% year over year.
Stocks to ConsiderHere are some finance stocks you may want to consider, as our model shows that these, too, have the right combination of elements to post an earnings beat.
HCI Group, Inc. (HCI - Free Report) has an Earnings ESP of +4.10% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $5.01, indicating a year-over-year increase of 2.2%. You can see the complete list of today’s Zacks #1 Rank stocks here.
HCI’s earnings beat estimates in each of the last four reported quarters.
The Allstate Corporation (ALL - Free Report) has an Earnings ESP of +5.25% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $7.03, indicating a year-over-year decrease of 37.1%.
ALL’s earnings beat estimates in each of the last four reported quarters.
Cboe Global Markets, Inc. (CBOE - Free Report) has an Earnings ESP of +0.35% and sports a Zacks Rank of 3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $3.42 per share, implying an increase of 28.1% from the year-ago reported figure.
CBOE’s earnings beat estimates in each of the last four reported quarters.
Společnost Genmab povede klinickou studii fáze I/II kombinace přípravku INCB161734, petosemtamabu a chemoterapie u dosud neléčeného metastatického kolorektálního karcinomu s mutací KRAS G12D.
Key Takeaways Incyte and Genmab will test INCB161734, petosemtamab and chemotherapy in first-line KRAS G12D-mutated mCRC.Genmab will lead a phase I/II study, while Incyte supplies INCB161734 and shares development costs.Incyte is also evaluating INCB161734 in phase III pancreatic cancer and phase I solid tumor studies. Incyte Corporation (INCY - Free Report) has entered into a clinical trial collaboration with Denmark-based Genmab A/S (GMAB - Free Report) to evaluate a new combination therapy for the first-line treatment of patients with metastatic colorectal cancer (mCRC) carrying the KRAS G12D mutation.
The combination will include INCB161734, Incyte’s investigational KRAS G12D inhibitor, petosemtamab, Genmab’s investigational bispecific antibody and standard chemotherapy.
INCB161734 is an investigational, oral drug designed to selectively block the KRAS G12D mutation, which helps cancer cells grow and survive.
Petosemtamab is a bispecific antibody that targets two proteins, EGFR and LGR5, that play a role in cancer growth and the survival of cancer stem-like cells.
Combining these drugs with chemotherapy could offer a new treatment approach for patients with this type of colorectal cancer.
Under the agreement, Genmab will conduct a phase I/II clinical study evaluating the combination in patients with KRAS G12D-mutated mCRC who have not received prior treatment for their metastatic disease. Incyte will provide INCB161734 and share the development costs with Genmab.
KRAS mutations affect nearly 40% of colorectal cancers, with KRAS G12D being the most common KRAS mutation in this cancer type. According to the companies, the mutation is found in approximately 15% of colorectal cancer cases.
Year to date, Incyte shares have gained 17.1% compared with the industry’s 5.7% growth.
Image Source: Zacks Investment Research
Incyte Advances INCB161734 DevelopmentIncyte is evaluating INCB161734 across several clinical settings involving KRAS G12D-mutated cancers.
The candidate is being studied in the global phase III DAWN-303 study in previously untreated patients with KRAS G12D-mutated pancreatic ductal adenocarcinoma. The study is evaluating INCB161734 in combination with standard chemotherapy to assess its safety and efficacy.
INCB161734 is also being evaluated as a single agent and in combination with chemotherapy in an ongoing phase I study involving patients with KRAS G12D-mutated solid tumors.
More on Genmab’s PetosemtamabGenmab is developing petosemtamab for several solid tumors, including head and neck squamous cell carcinoma and colorectal cancer.
Petosemtamab is also being evaluated in two late-stage studies in combination with chemotherapy for first- and second-line treatment of RAS/BRAF wild-type metastatic colorectal cancer. The new collaboration with Incyte expands its clinical development into KRAS G12D-mutated mCRC, a distinct patient population.
INCY’s Zacks Rank & Stocks to ConsiderIncyte has a Zacks Rank #4 (Sell) at present.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Some better-ranked stocks in the biotech sector are Halozyme Therapeutics (HALO - Free Report) and TG Therapeutics (TGTX - Free Report) , each sporting a Zacks Rank #1 at present.
Over the past 60 days, earnings per share estimates for Halozyme Therapeutics have increased from $8.37 to $8.80 for 2026. Over the same period, estimates for 2027 earnings per share have risen from $9.75 to $10.29. HALO’s shares have surged 86.7% year to date.
Halozyme Therapeutics’ earnings beat estimates in three of the trailing four quarters and missed in the remaining one, with the negative average surprise being 19.12%.
Over the past 60 days, earnings per share estimates for TG Therapeutics have risen from 92 cents to 94 cents for 2026. Over the same period, estimates for 2027 earnings per share have increased from $2.65 to $2.66. TGTX’s shares have risen 81.7% year to date.
TG Therapeutics’ earnings missed estimates in three of the trailing four quarters and beat in the remaining one, with the average surprise being 184.65%.
Neurocrine Biosciences očekává za čtvrtletí zisk na akcii (EPS) ve výši 2,57 USD, což představuje meziroční nárůst o 26 %, a výnosy ve výši 1,04 miliardy USD, meziročně vyšší o 31,1 %.
Neurocrine Biosciences (NBIX - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on November 2, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis biopharmaceutical company is expected to post quarterly earnings of $2.57 per share in its upcoming report, which represents a year-over-year change of +26%.
Revenues are expected to be $1.04 billion, up 31.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.21% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Neurocrine?For Neurocrine, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -4.23%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Neurocrine will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Neurocrine would post earnings of $2.26 per share when it actually produced earnings of $2.85, delivering a surprise of +26.11%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Neurocrine doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Společnost Williams Companies má ve čtvrtletí vykázat zisk na akcii (EPS) ve výši 0,56 USD, což představuje meziroční nárůst o 14,3 %, a tržby ve výši 3,19 miliardy USD, meziročně vyšší o 9 %.
The market expects Williams Companies, Inc. (The) (WMB - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on November 2, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis pipeline operator is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents a year-over-year change of +14.3%.
Revenues are expected to be $3.19 billion, up 9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.02% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for The Williams Companies?For The Williams Companies, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.65%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that The Williams Companies will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that The Williams Companies would post earnings of $0.52 per share when it actually produced earnings of $0.50, delivering a surprise of -3.85%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
The Williams Companies appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Společnost Weyerhaeuser má ve 3. čtvrtletí 2026 vykázat zisk na akcii (EPS) ve výši 5 centů, oproti 6 centům ve stejném období předchozího roku, přestože tržby mají vzrůst o 6,3 % na 1,83 miliardy USD.
Key Takeaways WY's Wood Products segment may benefit from higher lumber volumes, realizations and EWP price adjustments.Timberlands faces pressure from lower sales realizations and reduced Japan shipments due to vessel timing.Higher fuel, resin and manufacturing costs may weigh on earnings, partly offset by lower lumber costs. Weyerhaeuser Company (WY - Free Report) is slated to report third-quarter 2026 results on Oct. 29, after the closing bell.
In the last reported quarter, Weyerhaeuser’s adjusted earnings topped the Zacks Consensus Estimate by 116.7%, while net sales surpassed the same by 4%. Meanwhile, on a year-over-year basis, adjusted earnings increased, but net sales declined. The company reported adjusted earnings of 13 cents per share, up 8.3% from 12 cents in the year-ago period. Net sales of $1.87 billion decreased 0.9% from the $1.89 billion reported in the year-ago quarter.
Weyerhaeuser’s earnings beat the consensus mark in each of the past four quarters, with the average surprise being 127%.
How Are Estimates Placed for Weyerhaeuser Stock?The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share (EPS) has decreased to 5 cents from 8 cents over the past 30 days. In the year-ago quarter, the company reported an EPS of 6 cents.
The consensus mark for net sales is pegged at $1.83 billion, indicating a 6.3% year-over-year rise.
Factors Influencing WY’s Q3 ResultsRevenuesWeyerhaeuser’s third-quarter 2026 revenues are expected to have increased year over year, supported by anticipated growth in Wood Products sales volumes and higher lumber realizations. However, performance is likely to have varied across segments, reflecting differences in product pricing, demand and transaction timing.
Within Wood Products, which accounted for approximately 72.8% of second-quarter 2026 net sales, higher lumber production and sales volumes are expected to have supported revenues. Higher lumber realizations and planned engineered wood products (“EWP”) price adjustments might have provided additional support. However, OSB realizations are expected to have remained under pressure from supply exceeding demand. Our model predicts the Wood Products segment’s net sales to increase 11.1% year over year to $1.36 billion in the third quarter.
Timberlands, which accounted for approximately 27.7% of second-quarter 2026 net sales, is likely to have faced pressure from lower average domestic sales realizations due to product mix in the West and lower sales realizations in the North. Lower sales volumes to Japan due to vessel timing might have also weighed on revenues. Our model predicts the Timberlands segment’s net sales to decline 3% to $519.9 million.
For Strategic Land Solutions (formerly Real Estate, Energy & Natural Resources), which accounted for approximately 7.5% of second-quarter 2026 net sales, revenue performance is likely to have depended on the timing and mix of real estate transactions and activity across its businesses. Our model predicts the segment’s net sales to be $100.6 million, down 2.3% year over year.
EarningsWeyerhaeuser’s third-quarter 2026 earnings are expected to have declined year over year, as higher fuel and manufacturing costs in Wood Products are likely to have offset some benefits from improved sales volumes and pricing. The company expects Timberlands earnings and adjusted EBITDA to be slightly higher than second-quarter levels, while Strategic Land Solutions earnings and adjusted EBITDA are expected to decline approximately $30 million and $45 million, respectively, due primarily to the timing and mix of real estate sales.
Our model predicts Timberlands’ adjusted EBITDA to decline 13.3% from a year ago to $128.3 million. For Strategic Land Solutions, adjusted EBITDA is expected to decline 11.4% from a year ago to $80.6 million.
Within Wood Products, the company expects third-quarter earnings and adjusted EBITDA to be moderately lower sequentially by approximately $30 million, excluding changes in average sales realizations for lumber and oriented strand board (“OSB”). Higher-than-expected fuel costs and an unfavorable mix shift in EWP are the primary reasons for the revised outlook.
Our model predicts Wood Products adjusted EBITDA to grow year over year to $102.5 million in the third quarter. Higher fuel costs, planned OSB maintenance and increased resin costs are expected to have pressured margins, while slightly lower lumber unit manufacturing costs might have partly offset these pressures.
What Our Model Unveils for WY StockOur proven model does not predict an earnings beat for Weyerhaeuser this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case here.
Earnings ESP: WY has an Earnings ESP of -34.78%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: The company currently carries a Zacks Rank #4 (Sell).
Stocks to ConsiderHere are some stocks from the Zacks Construction sector, which, per our model, have the right combination of elements to deliver an earnings beat this time around.
Argan, Inc. (AGX - Free Report) has an Earnings ESP of +4.79% and a Zacks Rank of 3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
With the average surprise being 44.2%, Argan’s earnings beat estimates in each of the past four quarters. Argan’s is expected to register a 53.9% increase in earnings for the to-be-reported quarter.
Sterling Infrastructure, Inc. (STRL - Free Report) currently has an Earnings ESP of +0.80% and a Zacks Rank of 2.
With the average surprise being 27.2%, Sterling’s earnings beat estimates in each of the last four quarters. Sterling is expected to register a 74.4% increase in earnings for the to-be-reported quarter.
Quanta Services (PWR - Free Report) has an Earnings ESP of +2.66% and a Zacks Rank of 3.
With the average surprise being 17%, Quanta Services’ earnings beat estimates in each of the last four quarters. Quanta Services is expected to register a 50.5% increase in earnings for the to-be-reported quarter.
Willis Towers Watson má ve 3. čtvrtletí 2026 vykázat tržby ve výši 2,48 miliardy USD, což představuje meziroční nárůst o 8,3 %, a zisk na akcii ve výši 3,60 USD.
Key Takeaways Health revenues are expected to benefit from growth across regions, while Wealth gains from retirement work. CRB could benefit from new business and client retention, while technology software sales support ICT. Expenses are expected to reach $2 billion, driven by higher salaries and interest expense. Willis Towers Watson Public Limited Company (WTW - Free Report) is expected to register an improvement in both top and bottom lines when it reports third-quarter 2026 results on Oct. 29, before the opening bell.
The Zacks Consensus Estimate for WTW’s third-quarter revenues is pegged at $2.48 billion, indicating an 8.3% increase from the year-ago reported figure.
The consensus estimate for earnings is pegged at $3.60 per share. The Zacks Consensus Estimate for WTW’s third-quarter earnings has moved south by 0.3% in the past 30 days. The estimate suggests a year-over-year increase of 17.3%.
What the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for Willis Towers this time around. This is because a stock needs to have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). This is not the case, as you can see below.
Earnings ESP: Willis Towers has an Earnings ESP of +2.33%. This is because the Most Accurate Estimate of $3.68 is pegged higher than the Zacks Consensus Estimate of $3.60. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Willis Towers carries a Zacks Rank of 4 (Sell) at present.
Factors Likely to Shape Q3 Results of WTWRevenues in the third quarter are likely to have benefited from strong performances across the segments.
Growth across all regions, with International leading the overall performance, is likely to have aided organic revenue growth in Health in the to-be-reported quarter.
Wealth business revenues are likely to have benefited from higher levels of retirement work across all regions.
Career revenues are likely to have been affected by increased levels of communications project work and broad-based pay work, which were likely to be offset by constrained revenues in the Middle East due to the ongoing conflict.
The Benefits Delivery & Outsourcing segment’s performance is expected to have benefited from expanded project work, new client wins and regulatory-driven work in Outsourcing. The upside is likely to be partially offset by lower commissions in Individual Marketplace.
Corporate Risk & Broking is expected to have benefited from new business activity and strong client retention globally.
Insurance Consulting and Technology is expected to have benefited from strong software sales in the Technology practice.
Expenses in the third quarter are likely to have increased, attributable to higher salary expense, higher professional services costs, increased local office expenses, a higher depreciable base of assets, and higher interest expense. We expect the metric to be $2 billion in the to-be-reported quarter.
Stocks to ConsiderSome insurance stocks with the right combination of elements to come up with an earnings beat this time around are:
HCI Group, Inc. (HCI - Free Report) has an Earnings ESP of +4.10% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $5.01, indicating a year-over-year increase of 2.2%. You can see the complete list of today’s Zacks #1 Rank stocks here.
HCI’s earnings beat estimates in each of the last four reported quarters.
The Allstate Corporation (ALL - Free Report) has an Earnings ESP of +5.25% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $7.03, indicating a year-over-year decrease of 37.1%.
ALL’s earnings beat estimates in each of the last four reported quarters.
MetLife, Inc. (MET - Free Report) has an Earnings ESP of +0.59% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $2.71, indicating a year-over-year increase of 15.8%.
MET’s earnings beat estimates in each of the last four reported quarters.
Společnost Xylem má ve třetím čtvrtletí vykázat tržby ve výši 2,28 miliardy USD, což představuje meziroční nárůst o 0,4 %, a zisk na akcii ve výši 1,47 USD, meziročně vyšší o 7,3 %.
Key Takeaways XYL's Q3 earnings are expected to grow 7.3% year over year, while revenues are projected to increase 0.4%.Strong infrastructure demand, data-center growth and the TriOS buyout are likely to support XYL's revenues.XYL's negative Earnings ESP of -1.27%, project delays and rising costs cloud its Q3 earnings outlook.
Xylem Inc. (XYL - Free Report) is scheduled to release third-quarter 2026 results on Oct. 27, before market open.
The Zacks Consensus Estimate for XYL’s third-quarter revenues is pegged at $2.28 billion, indicating growth of 0.4% from the prior-year quarter’s number. The consensus mark for earnings is pinned at $1.47 per share, which has been stable in the past 60 days. The figure indicates an increase of 7.3% from the year-ago quarter’s figure.
The company’s earnings surpassed the Zacks Consensus Estimate thrice in the trailing four quarters and matched the mark in one, the average surprise being 5.6%.
Let’s see how things have shaped up for Xylem this earnings season.
Factors Likely to Have Shaped XYL’s Quarterly PerformanceStrength in the transport application business, aided by increased infrastructure projects in the United States, is likely to have supported the Water Infrastructure segment’s performance. However, weakness in the water treatment business and lower demand in China are likely to have been a spoilsport. The Zacks Consensus Estimate for the Water Infrastructure segment’s revenues is pegged at $668 million, indicating 1.8% growth from the year-ago figure.
Electric metering project delays are expected to have affected the performance of the Measurement & Control Solutions (M&CS) segment in the third quarter. However, growing popularity for the company’s advanced metering solutions is likely to have offered some respite. The Zacks Consensus Estimate for the M&CS segment’s revenues is pinned at $486 million, reflecting a 6.9% decline from the year-ago quarter’s figure.
Strength in the Applied Water segment, supported by higher demand in commercial building and data-center markets, is likely to augment the segment’s results. The Zacks Consensus Estimate for the Applied Water segment’s revenues is pegged at $469 million, indicating 2.9% growth from the year-ago figure.
Recovery in Xylem’s dewatering applications business across utility and power end markets is likely to augment the Water Solutions and Services segment’s results. The Zacks Consensus Estimate for the Water Solutions and Services segment’s revenues is pegged at $671 million, indicating 5.8% growth year over year.
XYL’s acquisition of TriOS (in July 2026) added optical sensing and water-quality monitoring technology to the M&CS segment. This buyout is expected to bolster the company’s top-line results in the to-be-reported quarter.
However, XYL’s bottom line is likely to have reflected the impact of inflationary pressures in the third quarter. Also, increased spending on strategic investments is expected to have hurt its margins.
Earnings WhisperOur proven model does not conclusively predict an earnings beat for Xylem this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.
Earnings ESP: Xylem has an Earnings ESP of -1.27% as the Most Accurate Estimate is pegged at $1.45 per share, which is lower than the Zacks Consensus Estimate of $1.47. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: XYL presently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to ConsiderHere are some companies, which according to our model, have the right combination of elements to beat on earnings in this reporting cycle.
Emerson Electric Co. (EMR - Free Report) has an Earnings ESP of +0.40% and a Zacks Rank of 2 at present. The company is scheduled to release fourth-quarter fiscal 2026 results on Nov. 4.
Emerson’s earnings beat the Zacks Consensus Estimate twice and matched on the other two occasions of the preceding four quarters, the average surprise being 1.3%.
Constellium (CSTM - Free Report) has an Earnings ESP of +14.50% and a Zacks Rank of 2 at present. The company is slated to release second-quarter 2026 results on Oct. 28.
Constellium’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 83.3%.
Kennametal Inc. (KMT - Free Report) has an Earnings ESP of +1.50% and a Zacks Rank of 3 at present. The company is slated to release first-quarter fiscal 2027 results on Nov. 4.
Kennametal’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 29.3%.
Společnost Otis Worldwide má ve 3. čtvrtletí vykázat tržby ve výši 3,85 miliardy USD, což představuje meziroční růst o 4,3 %, zatímco zisk na akcii (EPS) by měl klesnout o 4,8 % na 1 USD.
Key Takeaways Otis Worldwide's Q3 sales are projected to rise 4.3% to $3.85 billion, while EPS may fall 4.8% to $1.Repair and modernization demand may lift Service sales 5.3%, while New Equipment sales may fall 1.2%.Labor and material costs may push Service and New Equipment operating margins down 60 and 160 bps.
Otis Worldwide Corporation (OTIS - Free Report) is scheduled to report third-quarter 2026 results on Oct. 28, before the opening bell.
In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 1%, and net sales topped it by 3.7%. On a year-over-year basis, the bottom line declined 3.8%, while the top line grew 7.3%.
OTIS’ earnings surpassed the consensus mark in two of the trailing four quarters, missed on one occasion and met on the remaining occasion, with an average surprise of 1%.
How Are Estimates Placed for OTIS Stock?For the third quarter, the Zacks Consensus Estimate for earnings per share (EPS) has trended downward to $1 from 99 cents in the past 30 days. The estimated figure indicates a 4.8% decline from the year-ago adjusted EPS of $1.05.
The consensus mark for net sales is pegged at $3.85 billion, indicating 4.3% growth from the year-ago figure of $3.7 billion.
Key Factors to Note for OTIS’ Q3 EarningsSales
Otis Worldwide’s third-quarter performance is likely to have benefited from continued momentum in its Service segment, which accounted for 66.9% of second-quarter 2026 net sales. Strong repair and modernization demand, along with improving maintenance trends, is expected to have kept the segment a primary growth driver. Management projects mid-single-digit growth in Service organic sales for the third quarter, supported by repair and modernization activity, although modernization growth is expected to have moderated sequentially. The company’s focus on service quality, pricing initiatives and backlog execution is also likely to have supported revenue growth in the to-be-reported quarter.
Maintenance and repair initiatives are also likely to have supported performance. Otis Worldwide continues to implement value-driven micro-pricing strategies and proactive repair offerings to strengthen customer engagement and improve pricing realization. The company previously outlined approximately $35 million in incremental repair pricing benefits for 2026. These initiatives, alongside higher repair volumes, are expected to have supported third-quarter Service performance.
The company’s Service Excellence and digital initiatives are likely to have aided operational execution. Otis Worldwide has been investing in service quality, field productivity and customer retention, supported by AI-assisted tools and standardized operating processes. Continued implementation of these initiatives, along with its broader Service Operating Model, is likely to have strengthened customer service and execution capabilities in the quarter under review.
However, weakness in the New Equipment segment, which accounted for 33.1% of second-quarter 2026 net sales, is likely to have partly constrained third-quarter top-line growth. Although management expects sales trends to improve sequentially, subdued construction activity and pricing pressure in China, alongside demand challenges in the Middle East and Southern Europe, are likely to have weighed on the segment’s performance.
For the third quarter, our Zacks model predicts the Service segment’s net sales to increase year over year by 5.3% to $2.56 billion, with the New Equipment segment’s net sales declining 1.2% to $1.24 billion.
Margins
On the margin front, higher labor and material costs, productivity challenges and ongoing Service investments are expected to have remained headwinds. Longer onboarding periods for skilled mechanics and higher labor rates associated with accelerating repair and modernization execution are likely to have continued affecting profitability in the to-be-reported quarter. We expect the adjusted operating margin in the Service and New Equipment segments to contract 60 basis points (bps) and 160 bps year over year to 24% and 3.1%, respectively.
Moreover, delayed improvements in maintenance customer retention and a measured approach to incremental micro-pricing are expected to have limited margin recovery. Management previously identified approximately $20 million in retention and maintenance pricing-related headwinds and an additional $50 million in productivity and field-cost pressures relative to its earlier full-year outlook. For the to-be-reported quarter, our model expects SG&A expenses to increase year over year by 2.8% to $518.3 million. Although higher repair pricing, modernization volumes and cost-reduction initiatives are expected to have provided some support, these benefits may have been partly offset by continued operating cost pressures.
What Our Model Unveils for OTISOur proven model does not predict an earnings beat for Otis Worldwide this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, it is not the case here.
OTIS’ Earnings ESP: The company has an Earnings ESP of -0.57%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
OTIS’ Zacks Rank: Currently, the stock carries a Zacks Rank #3.
Stocks With the Favorable CombinationHere are some companies from the Industrial Products sector, which, according to our model, have the right combination of elements to post an earnings beat in their respective quarters to be reported.
Eaton Corporation plc (ETN - Free Report) has an Earnings ESP of +0.45% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Eaton’s earnings topped the consensus mark in three of the last four quarters and met on the remaining occasion, with the average surprise being 1.3%. Earnings for ETN’s third quarter of 2026 are expected to grow 15% year over year.
Kennametal Inc. (KMT - Free Report) currently has an Earnings ESP of +1.50% and a Zacks Rank of 3.
Kennametal’s earnings topped the consensus mark in each of the last four quarters, with the average surprise being 29.3%. Earnings for KMT’s third quarter of 2026 are expected to surge a whopping 682.4% year over year.
Watsco, Inc. (WSO - Free Report) has an Earnings ESP of +0.46% and a Zacks Rank of 3 at present.
Watsco’s earnings topped the consensus mark in one of the last four quarters and missed on the remaining three occasions, with the average negative surprise being 4.9%. Earnings for WSO’s third quarter of 2026 are expected to improve 3.8% year over year.
CNA Financial očekává za čtvrtletí končící v září 2026 zisk 1,16 USD na akcii, což představuje meziroční pokles o 22,7 %, při tržbách ve výši 3,54 mld. USD (+3,1 %).
The market expects CNA Financial (CNA - Free Report) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 2. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis insurance holding company is expected to post quarterly earnings of $1.16 per share in its upcoming report, which represents a year-over-year change of -22.7%.
Revenues are expected to be $3.54 billion, up 3.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for CNA Financial?For CNA Financial, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.59%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that CNA Financial will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that CNA Financial would post earnings of $1.04 per share when it actually produced earnings of $1.19, delivering a surprise of +14.42%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
CNA Financial doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAnother stock from the Zacks Insurance - Property and Casualty industry, Hanover Insurance Group (THG - Free Report) , is soon expected to post earnings of $4.47 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of -12.2%. Revenues for the quarter are expected to be $1.74 billion, up 3.8% from the year-ago quarter.
The consensus EPS estimate for Hanover Insurance has remained unchanged over the last 30 days. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +6.83%.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Hanover Insurance will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
IDEX má ve 3. čtvrtletí 2026 vykázat upravený zisk ve výši 2,23 USD na akcii, což představuje meziroční nárůst o 9,9 %, při tržbách ve výši 919,4 milionu USD.
Key Takeaways IDEX expects Q3 2026 adjusted EPS to rise 9.9% and revenues to grow 4.6%.Health & Science Technologies revenues are projected to grow 11% on strong end-market demand.Acquisitions and water demand may aid growth, while dispensing weakness and rising costs pose risks. IDEX Corporation (IEX - Free Report) is scheduled to release third-quarter 2026 results on Oct. 28, before market open.
The Zacks Consensus Estimate for third-quarter earnings has remained steady in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 7.7%.
The consensus estimate for revenues is pegged at $919.4 million, indicating an increase of 4.6% from the prior-year quarter’s figure. The consensus estimate for adjusted earnings is pinned at $2.23 per share, indicating an increase of 9.9% from the year-ago quarter’s number.
Let's see how things have shaped up for IDEX this earnings season.
Factors to Note Ahead of IDEX’s ResultsThe Health & Science Technologies (HST) segment is expected to have benefited from strength in the data center, semiconductor, space and defense markets in the third quarter. The consensus estimate for the HST segment’s revenues is pegged at $423 million, indicating an increase of 11% year over year.
An increase in demand for products across the municipal water end market is expected to have aided the Fluid & Metering Technologies (FMT) segment. Higher demand for mining application solutions business is likely to have been a tailwind as well. The consensus estimate for the FMT segment’s revenues is pegged at $321 million, indicating growth of 1.3% year over year.
IDEX has remained focused on expanding its product offerings and market presence through buyouts, which is expected to have boosted its top line. In July 2025, the company acquired Micro-LAM, Inc. (Micro-LAM), which expanded IDEX’s optics technology offerings. Also, the acquisition of Mott Corp. and its subsidiaries (Mott) in September 2024 expanded the company’s expertise in applied materials science technology capabilities across high-value end markets.
However, the Fire & Safety/Diversified Products (FSDP) segment is expected to have put up a weak show due to softness in the dispensing business arising from the unfavorable timing of dispensing projects in emerging markets. However, positive pricing is expected to have provided some relief. The consensus estimate for the segment’s revenues is pegged at $182 million, matching the year-ago quarter figure.
The escalating costs and operating expenses, due to increasing employee-related costs and professional services spending, are likely to have weighed on IEX’s bottom line in the to-be-reported quarter.
Earnings WhisperOur proven model does not conclusively predict an earnings beat for IEX this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.
Earnings ESP: IEX has an Earnings ESP of 0.00% as both the Zacks Consensus Estimate and the Most Accurate Estimate are pegged at $2.10 per share. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: IEX presently carries a Zacks Rank of 3.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to ConsiderHere are some companies, which according to our model, have the right combination of elements to beat on earnings in this reporting cycle.
Stanley Black & Decker, Inc. (SWK - Free Report) has an Earnings ESP of +1.10% and a Zacks Rank of 2 at present. The company is slated to release third-quarter 2026 results on Nov. 4.
Stanley Black’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 23.3%.
Deere & Company (DE - Free Report) has an Earnings ESP of +1.86% and a Zacks Rank of 3 at present. The company is slated to release third-quarter 2026 results on Nov. 25.
Deere & Company’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the mark in one, the average surprise being 11.1%.
Crane Company (CR - Free Report) has an Earnings ESP of +0.86% and a Zacks Rank of 3 at present. The company is scheduled to release third-quarter 2026 results on Oct. 27.
Crane’s earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 10.4%.
BWX Technologies očekává za čtvrtletí EPS ve výši 1,19 USD, což představuje meziroční nárůst o 19 %, při tržbách 992,35 milionu USD (+14,6 %). Ukazatel Earnings ESP činí +0,22 %.
The market expects BWX Technologies (BWXT - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 2. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis supplier of nuclear fuel and components to the U.S. government is expected to post quarterly earnings of $1.19 per share in its upcoming report, which represents a year-over-year change of +19%.
Revenues are expected to be $992.35 million, up 14.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.06% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for BWX?For BWX, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.22%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that BWX will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that BWX would post earnings of $1.01 per share when it actually produced earnings of $1.07, delivering a surprise of +5.94%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
BWX appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Aerospace - Defense Equipment industry, ATI (ATI - Free Report) , is soon expected to post earnings of $1.36 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +60%. This quarter's revenue is expected to be $1.32 billion, up 17.4% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for ATI has been revised 1.1% up to the current level. Nevertheless, the company now has an Earnings ESP of +1.09%, reflecting a higher Most Accurate Estimate.
When combined with a Zacks Rank of #1 (Strong Buy), this Earnings ESP indicates that ATI will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Opce na Hub Group se splatností 16. dubna 2027 a realizační cenou 17,50 USD vykazují mimořádně vysokou implikovanou volatilitu, což signalizuje očekávání výrazného pohybu ceny akcií.
Investors in Hub Group, Inc. (HUBG - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the April 16, 2027 $17.50 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Hub Group, but what is the fundamental picture for the company? Currently, Hub Group is a Zacks Rank #5 (Strong Sell) in Transportation - Services Industry that ranks in the Bottom 23% of our Zacks Industry Rank. Over the last 60 days, no analyst has increased his estimate for the current quarter, while two have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from 55 cents per share to 26 cents per share in the same time period.
Given the way analysts feel about Hub Group right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
International Paper očekává ve třetím čtvrtletí upravenou EBITDA z pokračujících činností ve výši 780 až 830 milionů USD, což představuje meziroční pokles o 6 %.
Key Takeaways International Paper expects Q3 adjusted EBITDA from continuing operations of $780-$830 million.Lower maintenance costs, pricing gains and 80/20 initiatives may offset high transportation and energy costs.Packaging Solutions EMEA EBITDA is projected to rise 37% sequentially and North America expected to gain 33%. International Paper Company (IP - Free Report) is scheduled to report third-quarter 2026 results on Oct. 28, 2026, before the opening bell.
The Zacks Consensus Estimate for IP’s second-quarter revenues is pegged at $6.35 billion, indicating a 2% increase from the year-ago reported figure.
The consensus estimate for International Paper’s earnings has moved down 9% to 30 cents per share. Despite the revision, it suggests an improved performance from the loss of 43 cents per share in the year-ago quarter.
Image Source: Zacks Investment Research
IP’s Earnings Surprise HistoryInternational Paper’s earnings missed the Zacks Consensus Estimate in three of the trailing four quarters, while surpassing in one quarter, the average surprise being negative 31.6%.
Image Source: Zacks Investment Research
What the Zacks Model Unveils for International PaperOur proven model does not conclusively predict an earnings beat for International Paper this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, but that is not the case here.
IP’s Earnings ESP: International Paper has an Earnings ESP of 0.00%. You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Zacks Rank of International Paper: The company currently has a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Have Shaped IP’s Q3 PerformanceInternational Paper’s second-quarter 2026 performance was adversely affected by elevated maintenance outage costs of $205 million, which was the heaviest outage quarter of the year. The company had projected maintenance outage expenses of $79 million for the third quarter. The anticipated decline in maintenance-related costs is likely to have supported sequential earnings growth in the third quarter.
However, higher transportation and fuel costs are expected to have increased input costs sequentially, putting pressure on margins. These headwinds are likely to have been partially offset by favorable volume trends, the realization of previously announced price increases and savings from the company’s 80/20 initiatives. These initiatives aim to simplify operations, eliminate fixed costs and direct resources toward higher-return assets.
International Paper projected third-quarter adjusted EBITDA from continuing operations of $780-$830 million, including an estimated $85 million negative impact from the temporary suspension of operations at its Pine Hill mill for roof repairs. Our model estimates adjusted EBITDA of $810.5 million for the quarter, up from $587 million in the second quarter of 2026. However, the projected figure implies a 6% decline from the year-ago quarter.
Our Projections for International Paper’s Segments in Q3For the Packaging Solutions North America segment, third-quarter 2026 price and mix are expected to have improved sequentially, reflecting the realization of previously announced price increases. Volumes were projected to decline sequentially, as the benefit of an additional shipping day was likely to have been offset by lower export volumes.
Our model projects Packaging Solutions North America’s net sales at $3.93 billion for the third quarter of 2026, reflecting a 7% increase sequentially and an 0.8% increase year-over-year.
Operations and costs are expected to have been favorable sequentially. Benefits from the Riverdale ramp-up and the contribution from the NORPAC acquisition are expected to have more than offset lower Ixtac insurance proceeds anticipated in the third quarter. Input costs are expected to have been unfavorable due to higher OCC costs and seasonally higher energy costs.
Taking these factors into account, along with the temporary suspension of the Pine Hill mill, management projected third-quarter adjusted EBITDA of $555-$585 million for the segment. Our model estimates adjusted EBITDA of $570.8 million, up 33% sequentially but down 14.2% year over year.
For Packaging Solutions EMEA, volumes were expected to increase sequentially, supported by seasonal demand patterns and customer wins. Price and mix were also likely to contribute positively, driven by the continued realization of previously announced paper price increases and the corresponding recovery in box pricing.
Our model projects the segment’s third-quarter net sales at $2.38 billion, indicating a 4% sequential increase and a 3% rise from the year-ago quarter.
Operations and costs are expected to have improved sequentially, supported by progress on the company’s cost-out initiatives and lower distribution costs. Input costs are expected to have been unfavorable as lower OCC costs were largely offset by higher energy costs, including the non-repeat of the energy subsidies received in the second quarter. Based on these factors, management expected third-quarter adjusted EBITDA of $230-$250 million for the segment. Our model estimates adjusted EBITDA of $249.7 million, up 37% sequentially and 19.5% from the year-ago quarter.
International Paper Stock's Price PerformanceInternational Paper's shares have lost 31.1% in the past year compared with the industry's 14.1% decline.
Image Source: Zacks Investment Research
Stocks Poised to Beat EstimatesHere are some Basic Materials stocks, which according to our model, have the right combination of elements to post an earnings beat in their upcoming releases.
Air Products and Chemicals (APD - Free Report) , scheduled to release third-quarter 2026 earnings on Nov. 5, has an Earnings ESP of +0.44% and a Zacks Rank of 3 at present.
The Zacks Consensus Estimate for earnings for Air Products and Chemicals for the third quarter of 2026 is pegged at $3.60 per share, suggesting a 6.2% year-over-year increase. APD has a trailing four-quarter average earnings surprise of 2.9%.
Avient (AVNT - Free Report) , scheduled to release third-quarter 2026 earnings on Nov. 4, has an Earnings ESP of +0.58% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for earnings for Avient for the third quarter of 2026 is 81 cents per share, indicating a 15.7% year-over-year increase. Avient has a trailing four-quarter average earnings surprise of 3.4%.
Perimeter Solutions, SA (PRM - Free Report) , scheduled to release third-quarter 2026 earnings on Nov. 5, has an Earnings ESP of +3.16% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for Perimeter Solutions’ earnings for the third quarter of 2026 is pegged at 95 cents per share, indicating 15.8% growth from the year-ago quarter's reported figure. PRM has a trailing four-quarter average earnings surprise of 61.6%.
UFP Industries koupí provozní aktiva výrobce palet Apache Products za přibližně 27 milionů USD; akvizice přidá zhruba 55 milionů USD ročních tržeb a do společnosti přibude 165 zaměstnanců.
, /PRNewswire/ -- UFP Industries, Inc. (Nasdaq: UFPI) today announced the acquisition of the operating assets, including real estate, of Apache Products, Inc. dba Acme Skid, a pallet manufacturer based in Silsbee, Texas, for approximately $27 million. The transaction expands UFP Packaging's pallet manufacturing footprint and strengthens the company's ability to serve customers throughout the Gulf Coast, one of the country's largest industrial and petrochemical markets.
Apache Products designs and manufactures stringer and heat-treated pallets from its facility in Silsbee. The transaction adds approximately $55 million in annual sales and brings 165 employees into the UFP family. The addition strengthens a core business for UFP Industries and expands UFP Packaging's PalletOne network with immediate capacity and a strong platform for long-term growth.
"Apache is the kind of business we look for at UFP: an established market leader with long-standing customer relationships, a disciplined operation and an experienced team that has a proven track record of execution," said Will Schwartz, chief executive officer of UFP Industries. "This acquisition tracks with our other investments this year—broadening our reach into a strategically important geography and creating opportunities to grow with our national customers across the region to create long-term value."
The Apache facility will be integrated into UFP Packaging's existing pallet manufacturing network, creating opportunities to leverage UFP's operational scale, national customer relationships and broader packaging platform while maintaining the local expertise and customer focus that have defined Apache's success.
"The Gulf Coast is one of the country's most important industrial packaging markets, driven by concentrated manufacturing, energy and petrochemical activity," said Scott Worthington, president of UFP Packaging. "The team at Apache will expand our ability to support customers as they grow through greater efficiency, scale and access to a larger range of packaging solutions."
The acquisition underscores UFP Industries' continued focus on investing in core businesses, expanding manufacturing capacity to serve regional and national customers, and strengthening the competitive position of its operating companies across packaging and industrial markets. The transaction is expected to close on or around Nov. 16, 2026.
UFP Packaging is a leading provider of comprehensive industrial packaging solutions and the largest producer of wood pallets and crates in the United States. In addition to pallets, the company combines nationwide engineering and manufacturing expertise to develop custom, multi-material packaging systems that solve complex product protection and supply chain challenges. Its capabilities encompass structural and reusable metal packaging, custom and stock corrugated boxes, advanced printing and labeling, and other protective packaging solutions.
About UFP Industries
UFP Industries, Inc. (Nasdaq: UFPI) is a holding company whose operating subsidiaries manufacture, distribute and sell value-added products for the retail, construction and industrial markets throughout North America, Europe, Asia and Australia. Founded in 1955 and headquartered in Grand Rapids, Mich., UFP Industries is among North America's largest diversified manufacturers.
Společnost Entergy má za čtvrtletí končící v září 2026 vykázat zisk na akcii (EPS) ve výši 1,71 USD, což představuje meziroční nárůst o 11,8 %, při tržbách 4,16 mld. USD (+9 %).
The market expects Entergy (ETR - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on November 2, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis power company is expected to post quarterly earnings of $1.71 per share in its upcoming report, which represents a year-over-year change of +11.8%.
Revenues are expected to be $4.16 billion, up 9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 12.63% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Entergy?For Entergy, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.01%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Entergy will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Entergy would post earnings of $0.94 per share when it actually produced earnings of $1.03, delivering a surprise of +9.57%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Entergy appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAnother stock from the Zacks Utility - Electric Power industry, Exelon (EXC - Free Report) , is soon expected to post earnings of $0.81 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of -5.8%. Revenues for the quarter are expected to be $6.87 billion, up 2.4% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Exelon has been revised 1% down to the current level. Nevertheless, the company now has an Earnings ESP of -1.86%, reflecting a lower Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Proti společnosti AppLovin byla podána hromadná žaloba kvůli údajnému zkreslování pokroku jejích modelů umělé inteligence; akcie 6. srpna 2026 po zveřejnění tržeb za druhé čtvrtletí ve výši 1,92 mld. USD klesly o 19,66 %.
NEW YORK, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in AppLovin Corporation (NASDAQ: APP) that a class action has been filed on behalf of shareholders who purchased securities between February 12, 2026 and August 5, 2026. Check if you might be eligible to recover your investment losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
AppLovin reported second quarter 2026 revenue of $1.92 billion against consensus estimates of $1.94 billion. APP shares fell $82.13, or 19.66%, to close at $335.67 on August 6, 2026, down $171.31 from the Class Period high of $506.98 reached on July 12, 2026. The lead plaintiff deadline is November 16, 2026.
The Promise
The company projected a compounding growth engine: better AI models delivered better returns for advertisers, advertisers moved more budget onto the platform, and the resulting data improved the models again. On May 6, 2026, management described that mechanism as "a virtuous cycle, and it is working," told investors the Company had "100% seen faster improvements to the models, both across the consumer business and the gaming business," and added that "we don't really see a reason why that's going to slow down." On the same call, the generative AI video creative feature for the AppLovin Ads platform was described as in testing, with a plan to "roll it out to all accounts shortly."
The Reality
Results revealed a different picture on August 5, 2026. Management stated that the "pace of meaningful model improvement was lighter than normal during the quarter" and that the next step-up "landed just after quarter end." On the video tool, investors were told: "We're not at the point where we can yet get a high-quality video for 30 to 60 seconds in the hand of an advertiser out of the box. So that's still [a] work in progress."
Promise vs. Actual: By the Numbers
Promised in March 2026: a 20% to 30% growth framework supported by "directed model enhancements and recursive learning" occurring "on an ongoing basis." Actual: single-digit second quarter growth, the weakest of the prior 12 quarters.Promised in May 2026: the generative AI video tool rolled out "to all accounts shortly." Actual, August 5, 2026: "still [a] work in progress."Anticipated second quarter revenue: $1.94 billion. Reported: $1.92 billion.Class Period high: $506.98 per share. Close after the second quarter disclosure: $335.67 per share.During the Class Period, the individual defendants sold 260,065 shares for more than $109.1 million in proceeds, the complaint alleges. The gap demonstrates, according to the lawsuit, that the constancy of AI model improvement and the readiness of the video tool were overstated while investors purchased at allegedly inflated prices.
"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. The complaint alleges that AppLovin investors were told model gains had no reason to slow down weeks before the Company reported that the pace of meaningful improvement had been lighter than normal." -- Joseph E. Levi, Esq.
Learn more about the case or call (212) 363-7500.
Levi & Korsinsky, LLP | Top 50 Securities Firm | (212) 363-7500 | www.zlk.com | Attorney Advertising. Prior results do not guarantee similar outcomes.
Frequently Asked Questions About the APP Lawsuit
Q: What specific misstatements does the APP lawsuit allege? A: The complaint alleges AppLovin made materially false or misleading statements regarding the constancy and reliability of improvements to its AI advertising models and the development status of its generative AI video creative tool during the Class Period. When the Company reported second quarter revenue of $1.92 billion, disclosed that the pace of meaningful model improvement had been "lighter than normal," and described the video tool as "still [a] work in progress," the stock price declined sharply.
Q: When did AppLovin allegedly mislead investors? A: The Class Period runs from February 12, 2026 to August 5, 2026. The complaint alleges that corrective disclosures revealed information that caused a significant stock decline.
Q: What court was the APP class action filed in? A: The case was filed in the United States District Court for the Northern District of California, governed by the Private Securities Litigation Reform Act of 1995.
Q: What do APP investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member.
Q: What documents do I need to to submit my information? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if my APP losses are small -- is it still worth contacting a lawyer? A: Yes. There is no minimum loss amount required to participate as a class member.
Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution. Timing depends on the court schedule, case developments, and whether the matter is dismissed, settled, or litigated further.
Q: Can I join a different law firm's lawsuit instead? A: Yes. Investors may choose which law firm to contact. Multiple firms often file competing complaints. The court may consolidate related cases and appoint a single lead counsel.
Huntsman (HUN - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on November 2, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis chemical company is expected to post quarterly earnings of $0.07 per share in its upcoming report, which represents a year-over-year change of +333.3%.
Revenues are expected to be $1.6 billion, up 9.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.22% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Huntsman?For Huntsman, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +36.14%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Huntsman will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Huntsman would post earnings of $0.06 per share when it actually produced break-even earnings, delivering a surprise of -100.00%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Huntsman appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Chemical - Diversified industry, LyondellBasell (LYB - Free Report) , is soon expected to post earnings of $2.73 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +170.3%. This quarter's revenue is expected to be $8.47 billion, up 9.7% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for LyondellBasell has been revised 8.2% up to the current level. Nevertheless, the company now has an Earnings ESP of -1.18%, reflecting a lower Most Accurate Estimate.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), makes it difficult to conclusively predict that LyondellBasell will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Léčba brezosiranem od společnosti Alnylam po jedné dávce snížila hladinu mutantního huntingtinu v mozkomíšním moku v průměru o 60–64 %, u jednotlivců až o 83 %; klíčovou studii společnost plánuje na rok 2027.
The Phase 3 Failure That Sent Biotech Winners and Losers in Opposite DirectionsAlnylam Pharmaceuticals NASDAQ: ALNY outlined early clinical data for brezosiran, an investigational RNA interference therapy for Huntington’s disease, reporting dose-dependent reductions in cerebrospinal fluid mutant huntingtin after a single intrathecal dose and plans to begin a placebo-controlled pivotal study in 2027, pending regulatory alignment.
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Huntington’s disease is a progressive, fatal inherited neurodegenerative disorder caused by an expanded CAG repeat in the huntingtin gene. The disease can affect movement, cognition and mood, and Alnylam estimates that more than 100,000 symptomatic patients live globally. There are currently no approved disease-modifying treatments.
Exon 1 Strategy Targets Multiple Huntingtin Forms Alnylam Stock Soars 65%: Find Out What’s Behind the GainsBrezosiran, previously called ALN-HTT02, is designed to target a sequence in Exon 1 of the huntingtin gene. Alnylam said this approach is intended to reduce both full-length mutant huntingtin and a shorter form known as huntingtin 1a, as well as wild-type huntingtin.
Kevin Sloan, Alnylam’s vice president of development programs and program lead for brezosiran, said prior huntingtin-lowering programs have often targeted sequences downstream of Exon 1, meaning they may lower full-length huntingtin without directly addressing huntingtin 1a.
3 biotech powerhouses poised to thrive amid sector rebound“We ultimately selected” an inclusive Exon 1-targeting approach “designed to lower all relevant huntingtin species in the CNS,” Sloan said.
Gill Bates, professor of molecular neuroscience and co-director of the Huntington’s Disease Centre at University College London, discussed research suggesting huntingtin 1a may contribute meaningfully to disease biology. She said somatic expansion of the CAG repeat in vulnerable neurons is believed to be an early event in Huntington’s disease pathogenesis.
Bates described three mouse-model studies published this year that examined the effects of reducing huntingtin 1a. In one study, preventing production of huntingtin 1a delayed aggregation and normalized certain cerebrospinal fluid biomarkers while full-length mutant huntingtin remained present. Other studies found that approaches lowering huntingtin 1a alongside full-length mutant huntingtin had larger effects on aggregation and transcriptional dysregulation than approaches aimed only at full-length huntingtin.
However, Bates said it remains difficult to measure huntingtin 1a in living patients because it may be produced in relatively small populations of cells with highly expanded repeats and may remain trapped in cellular aggregates. She said reductions in full-length huntingtin could potentially serve as an indirect indicator of huntingtin 1a lowering for therapies directed at Exon 1.
Initial Phase Ib Data Showed Up to 83% Individual Reductions Toby Ferguson, Alnylam’s senior vice president and head of neuroscience, presented initial results from an ongoing randomized, double-blind, placebo-controlled phase Ib study in patients with stage 2 or early stage 3 Huntington’s disease. The trial enrolled patients between ages 25 and 70 with more than 39 CAG repeats in Canada, Germany and the United Kingdom.
The data cut included five dose cohorts with up to three months of follow-up after one intrathecal administration of brezosiran. The study’s primary endpoint is safety and tolerability, while secondary measures include cerebrospinal fluid and plasma pharmacokinetics and changes in cerebrospinal fluid mutant huntingtin.
Using two assays, including a newer mutant huntingtin NULISA assay, Alnylam reported dose-dependent reductions in cerebrospinal fluid mutant huntingtin. At the highest evaluated dose, the company reported mean reductions of 60% to 64% at month three, with maximum individual reductions of up to 83%.
Ferguson said the NULISA assay avoided lower-limit-of-quantification issues observed with a traditional assay, particularly after deeper huntingtin lowering.
Safety Findings and Development Plans Alnylam said adverse events occurred in most participants, as is common in neurodegenerative-disease studies, but reported no dose-related increase in serious or severe adverse events across the five cohorts. There were no deaths or treatment discontinuations due to adverse events.
The company reported two severe and serious events in one dose group: a radius fracture and likely bacterial meningitis. It also reported an acute myocardial infarction that resolved with sequelae and a resolved post-lumbar puncture syndrome in that same dose group. A severe, non-serious headache in another group had resolved.
Ferguson said cerebrospinal fluid white blood cell counts and protein levels were similar between treated and placebo participants, with no evidence to date of dose-related central nervous system inflammation. The company also reported no dose-dependent increases in cerebrospinal fluid neurofilament light chain, a biomarker associated with neuronal injury, and no dose-dependent changes in ventricular volume on MRI.
“Our findings to date do not establish clinical efficacy,” Ferguson said, adding that longer and larger studies will be required.
Participants may enter an open-label extension in which they can receive brezosiran every six months. Alnylam said the extension will help characterize longer-term safety and explore potential efficacy trends, though Ferguson said it may take 24 to 36 months to meaningfully assess clinical effects in Huntington’s disease.
The company plans to pursue a placebo-controlled pivotal study beginning in 2027, subject to regulatory discussions. Alnylam said the trial is intended to determine whether brezosiran can slow disease progression and would, to its knowledge, be the first placebo-controlled test of the huntingtin 1a-lowering hypothesis.
About Alnylam Pharmaceuticals (NASDAQ:ALNY)Alnylam Pharmaceuticals, Inc is a biopharmaceutical company focused on developing and commercializing medicines based on RNA interference (RNAi). The company's therapies are designed to silence specific genes involved in disease, with the goal of addressing the underlying causes of genetic and other serious conditions.
Alnylam's marketed products include ONPATTRO (patisiran) and AMVUTTRA (vutrisiran) for hereditary transthyretin-mediated amyloidosis, GIVLAARI (givosiran) for acute hepatic porphyria, and OXLUMO (lumasiran) for primary hyperoxaluria type 1.
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].
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