Viatris má 6. srpna oznámit výsledky za 2. čtvrtletí, přičemž odhad tržeb činí 3,68 mld. USD a EPS 62 centů. Firma čeká stabilní hrubou marži a nižší provozní náklady díky úsporám.
Key Takeaways Viatris to report Q2 results on Aug. 6 with revenue and EPS estimates of $3.68B and 62 cents, respectively.VTRS may see Developed and Emerging Markets growth, partly offset by the Indore import alert and competition.Viatris could benefit from cost-saving efforts, with gross margin expected to remain stable. Viatris (VTRS - Free Report) , a global healthcare company, is scheduled to report second-quarter 2026 results on Aug. 6, before the opening bell.
The Zacks Consensus Estimate for second-quarter revenues is pegged at $3.68 billion, while the same for earnings is pinned at 62 cents per share.
VTRS Q2 Earnings: Factors to ConsiderThe company reports under four segments based on geography — Developed Markets, Emerging Markets, Japan, Australia and New Zealand (“JANZ”) and Greater China.
Developed Markets sales are expected to rise, though growth in North America may be tempered by the Indore manufacturing facility import alert. Solid growth in EpiPen, Creon and Viatris’ thrombosis portfolio is likely to have enabled it to partially absorb the anticipated competition for Dymista. Incremental revenues from new products, such as iron sucrose, are likely to have boosted the quarterly top line.
Following an inspection of Viatris' oral finished dose manufacturing facility in Indore, India, in June 2024, the company received a warning letter and import alert from the FDA in December 2024. The import alert affected 11 actively distributed products, including lenalidomide and everolimus. The Zacks Consensus Estimate for revenues from Developed Markets is pinned at $2.18 billion.
Sales from Emerging Markets are expected to have experienced growth, driven by branded business in Turkey, Mexico and certain Asian markets. The generic business is likely to have seen growth due to the stabilization of supply for certain lower-margin ARB products. The Zacks Consensus Estimate for revenues from this geography is pegged at $558.5 million.
Viatris shares have surged 41.6% year to date against the industry’s 1.1% decline.
Image Source: Zacks Investment Research
Sales in JANZ are likely to have been adversely impacted by lower net sales of existing products in Japan and Australia due to government price reductions and additional competition. The Zacks Consensus Estimate for revenues from the JANZ markets is pinned at $285.1 million.
Sales in Greater China might have increased due to strong growth across multiple channels, including e-commerce, retail and private hospitals, as a result of higher marketing and selling efforts. The Zacks Consensus Estimate for revenues from this geography is pegged at $631.7 million.
Viatris also reports revenues under two divisions (in terms of product category) — brands and generics.
The brand business comprises the majority of the company’s portfolio. Brand performance is likely to have benefited from strong performance in Greater China and Emerging Markets, in addition to growth in certain key brands in Developed Markets.
However, the generics business is likely to have been negatively impacted by inspection at the Indore facility and competition for Wixela, partially offset by continued growth in Yupelri and Breyna in North America, strong performance across key European markets, and slight volume growth in JANZ.
On the profitability front, gross margin is likely to have been stable. Total operating expenses in the second quarter of 2026 are likely to have declined as a result of the planned cost-saving initiatives.
VTRS’ Impeccable Earnings Surprise HistoryViatris’ earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 10.04%. In the last reported quarter, VTRS beat on earnings by 13.46%.
What Our Model Predicts for ViatrisOur proven model does not conclusively predict an earnings beat for VTRS 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, as you will see below.
Earnings ESP:Viatris has an Earnings ESP of -0.81% as the Most Accurate Estimate of 61 cents per share is just shy of the Zacks Consensus Estimate of 62 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Zacks Rank:VTRS currently 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 stocks worth considering from the healthcare space, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
ACADIA Pharmaceuticals (ACAD - Free Report) has an Earnings ESP of +25.00% and a Zacks Rank #2 at present.
Shares of ACAD have lost 4.1% year to date. The company’s earnings beat estimates in three of the trailing four quarters and missed on the remaining occasion, delivering an average surprise of 20.83%. Acadia is scheduled to report second-quarter results on Aug. 4, after market close.
Arcutis Biotherapeutics (ARQT - Free Report) has an Earnings ESP of +52.94% and a Zacks Rank #2 at present.
Shares of ARQT have lost 10.7% year to date. The company’s earnings beat estimates in three of the trailing four quarters but missed in the remaining quarter, delivering an average surprise of 42.78%. ARQT is scheduled to report second-quarter results on Aug. 5.
BridgeBio Pharma (BBIO - Free Report) has an Earnings ESP of +13.69% and a Zacks Rank #3 at present.
Shares of BBIO have risen 4.5% year to date. BridgeBio Pharma’s earnings missed estimates in each of the trailing four quarters, delivering an average negative surprise of 18.94%.
Allstate čeká ve 2. čtvrtletí EPS 5,76 USD, i když tržby mají vzrůst o 5,7 %. Tlak vytváří slabší underwriting v segmentu Property-Liability a vyšší náklady.
Key Takeaways Allstate's Q2 EPS is expected to decline despite projected revenue growth and higher net premiums earned.ALL's Property-Liability underwriting income and combined ratio are expected to weaken year over year.Investment income and Protection Services gains may support results, but high costs could weigh on earnings. Insurance provider The Allstate Corporation (ALL - Free Report) is set to report its second-quarter 2026 results on Aug. 5, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $5.76 per share on revenues of $17.73 billion.
The second-quarter earnings estimate witnessed seven upward revisions against no downward movement over the past 60 days. However, the bottom-line projection indicates a year-over-year decline of 3%. Nevertheless, the Zacks Consensus Estimate for quarterly revenues suggests a year-over-year increase of 5.7%.
Image Source: Zacks Investment Research
For 2026, the Zacks Consensus Estimate for Allstate’s revenues is pegged at $71.42 billion, implying a rise of 5.3% year over year. However, the consensus mark for 2026 EPS is pegged at $30.74, implying a year-over-year decrease of 11.7%.
Allstate has a robust history of surpassing earnings estimates, beating the consensus estimate in each of the last four quarters, with the average surprise being 51.1%. This is depicted in the figure below.
Q2 Earnings Whispers for AllstateHowever, our proven model doesn’t conclusively predict an earnings beat for the company 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’s not the case here.
ALL has an Earnings ESP of -0.15% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
You can see the complete list of today’s Zacks #1 Rank stocks here.
What’s Shaping Allstate’s Q2 Results?The Zacks Consensus Estimate and our model estimate for net premiums earned indicate nearly 7% year-over-year growth in the second quarter. Net investment income is expected to have received an impetus from a growing market-based portfolio. The Zacks Consensus Estimate for net investment income indicates 15.4% year-over-year growth from $754 million. These are likely to have supported its top-line growth.
The Zacks Consensus Estimate for adjusted net income from the Protection Services business indicates a 1.7% year-over-year gain. However, rising expenses are expected to have partially offset the positives. Ourmodel estimate for total costs and expenses indicates a more than 10% year-over-year increase due to higher operating costs and claims expenses.
The consensus mark for underwriting income from Property-Liability indicates a 22.7% year-over-year plunge. The combined ratio for Property-Liability is pegged at 93.9%, deteriorating from 91.1% a year ago. This means a lower portion of premiums remained with the company following claim payments.
The consensus mark for underwriting income from the Auto brand is pegged at $897.1 million for the second quarter, compared with $1.33 billion a year ago. The combined ratio in this line of business is pegged at 91.9%, deteriorating from 86% in the year-ago quarter.
How Did Other Insurers Fare This Quarter?Several insurance companies, including Marsh & McLennan Companies, Inc. (MRSH - Free Report) , AMERISAFE, Inc. (AMSF - Free Report) and RenaissanceRe Holdings Ltd. (RNR - Free Report) , have already reported their financial results for the June quarter of 2026. Here’s how they performed:
Marsh reported second-quarter 2026 adjusted earnings per share of $2.96, which surpassed the Zacks Consensus Estimate by 2.8%. The bottom line advanced 8.8% year over year.Its strong quarterly results benefited from solid growth in the Risk and Insurance Services and Consulting units. However, the upside was partially offset by Marsh’s elevated operating expenses, primarily due to increased compensation and benefits.
AMERISAFE reported second-quarter adjusted earnings per share of 44 cents, missing the Zacks Consensus Estimate by 17%. The bottom line also declined 17% year over year. The quarterly result was affected by higher expenses and weaker underwriting margins, with additional pressure from lower investment income. AMSF’s strong premium growth partly offset these headwinds.
RenaissanceRe reported second-quarter 2026 operating income of $12.92 per share, which surpassed the Zacks Consensus Estimate by 12.9%. The bottom line also improved 5.1% year over year. The quarterly earnings benefited from lower expenses, higher net investment income and an improved total combined ratio. However, the upside was partly offset by lower net premiums earned, weaker underwriting results in RNR’s Casualty & Specialty segment and lower fee income.
Akcie Lam Research za měsíc klesly o 15,6 %, ale ve 4. čtvrtletí fiskálního roku 2026 tržby dosáhly rekordu 6,72 mld. USD a non-GAAP EPS vzrostl o 37 % na 1,82 USD.
Key Takeaways LRCX stock fell 15.6% in a month as chip-equipment peers also faced broad selling pressure.AI demand is lifting advanced packaging, HBM, etch and deposition equipment opportunities.Lam Research's Q4'26 revenues hit a record $6.72B, while non-GAAP EPS rose 37% to $1.82. Lam Research Corporation (LRCX - Free Report) shares have plunged 15.6% over the past month, underperforming the Zacks Computer and Technology sector’s 4.4% decline. At first glance, such a sharp decline may worry investors. However, Lam Research is not the only semiconductor equipment company experiencing selling pressure.
The entire wafer fabrication equipment space has been under pressure. Peers such as ASML Holding (ASML - Free Report) , Applied Materials (AMAT - Free Report) and KLA Corporation (KLAC - Free Report) have also struggled during the same period. Shares of ASML Holding, Applied Materials and KLA Corporation have tanked 10%, 12.7% and 21.6%, respectively. This broad weakness suggests that investors are trimming exposure to semiconductor stocks across the board rather than losing confidence in Lam Research specifically.
Lam Research One-Month Price Return Performance
Image Source: Zacks Investment Research
The recent weakness stems from two key concerns. First, investors have started questioning whether hyperscalers' massive AI investments will generate enough returns to justify the spending. Second, semiconductor stocks enjoyed a strong rally earlier in 2026, pushing valuations higher and encouraging investors to lock in profits.
Even so, Lam Research's long-term story has not changed. The recent decline looks more like a sentiment-driven correction than a deterioration in the company's business. That makes the stock worth buying at current levels.
AI Chip Demand Continues to Power Lam Research's GrowthLam Research plays a critical role in the AI semiconductor supply chain. Rather than designing chips, it provides the advanced manufacturing equipment used by foundries such as Taiwan Semiconductor Manufacturing and Samsung to produce leading-edge semiconductors.
This gives Lam Research direct exposure to one of the strongest technology trends today. As AI chips become more advanced, demand for technologies such as advanced packaging, high-bandwidth memory (HBM) and next-generation chip architectures continues to rise. All of these require sophisticated etch and deposition equipment, where Lam Research has built a strong competitive position.
The company is also expanding its technology leadership. Its ALTUS ALD system improves manufacturing efficiency through molybdenum-based deposition, while its Aether platform enables customers to build smaller, denser and more powerful chips. As semiconductor complexity increases, these innovations should become even more valuable.
Management expects advanced packaging revenues to grow more than 70% in 2026 after posting strong growth in 2025. Emerging technologies like backside power distribution and dry-resist processing are also expected to create new growth opportunities over the coming years.
The demand trends are already showing up in the numbers. Lam Research has generated more than $5 billion in revenues for five straight quarters, including a record $6.72 billion in the fourth quarter of fiscal 2026. This reflects healthy spending by the world's leading chip manufacturers despite broader market concerns.
LRCX’s Strong Financial Results Reinforce the Bull ThesisLam Research is not just benefiting from AI demand, it is performing exceptionally well.
In the fourth quarter of fiscal 2026, revenues increased 30% year over year to $6.72 billion, beating the Zacks Consensus Estimate by 0.7%. Growth was driven by strong performance across both its Systems business and Customer Support Business Group. Non-GAAP earnings climbed 37% year over year to $1.82 per share, surpassing estimates by 7.7%.
Lam Research also delivered stronger profitability despite geopolitical uncertainty, tariffs and a challenging macro environment. Non-GAAP gross margin expanded 170 basis points year over year to 35%, supported by better pricing, operating efficiencies, scale benefits and a favorable product mix. Meanwhile, non-GAAP operating margin improved 400 basis points to 38.4%, aided by higher gross margins, a broader manufacturing footprint across Asia and disciplined cost management.
These results reinforce the view that Lam Research's growth is not solely dependent on short-term AI enthusiasm. The company continues to improve its operations while delivering strong revenue and earnings growth.
Wall Street also expects the momentum to continue. The Zacks Consensus Estimate projects fiscal 2027 and 2028 revenues to increase 25.4% and 31.1%, respectively. Earnings per share are expected to grow 53% in fiscal 2027 and another 29% in fiscal 2028, highlighting the company's attractive long-term earnings potential.
Strong AI Tailwinds Support Lam Research's Higher MultipleFrom a valuation perspective, Lam Research does not look cheap. The stock carries a Zacks Value Score of F, indicating a premium valuation.
Based on forward 12-month earnings, LRCX trades at 32.04X, well above the sector average of 20.74X. While that premium may appear expensive at first, it reflects the company's strong earnings outlook, AI-driven growth opportunities and consistent execution.
Lam Research Forward 12-Month P/E Ratio
Image Source: Zacks Investment Research
Among its closest peers, Lam Research trades at a higher multiple than ASML Holding but remains cheaper than both KLA Corporation and Applied Materials. ASML, KLA and Applied Materials currently trade at forward 12-month P/E multiples of 30.94X, 33.08X and 34.02X, respectively. This suggests Lam Research's valuation remains reasonable when viewed against its direct competitors.
Investment Verdict: Buy Lam Research SharesThe recent sell-off appears to be driven more by market sentiment than by any weakness in Lam Research's business. The company remains one of the biggest beneficiaries of the ongoing AI infrastructure buildout, while its leadership in etch and deposition equipment gives it a durable competitive edge.
The demand for advanced packaging continues to accelerate, and the company is introducing new manufacturing technologies to tap the opportunity. Its financial performance remains strong. Combined with healthy earnings growth and solid execution, these factors strengthen the long-term investment case.
Currently, Lam Research sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
David Ellison tvrdí, že žaloba proti převzetí Warner Bros. Discovery společností Paramount Skydance souvisí spíš s jeho politikou a budoucností CNN než s podílem na trhu. Regulátoři v USA i Evropě už fúzi schválili.
Paramount Skydance CEO David Ellison is arguing that an antitrust lawsuit that threatens to derail his company’s takeover of Warner Bros. Discovery comes down to his perceived politics, and the merger’s potential impact on CNN.
Writing in a New York Times op-ed published Tuesday, Ellison said he believes the suit and criticism of the deal are not about market share, but about his pending ownership of WBD’s CNN.
“I believe that anyone who oversees a news organization — I am chief executive of Paramount, which owns CBS — shouldn’t put a finger on the scale, especially on matters involving his own company,” he wrote.
Paramount Skydance CEO David Ellison claimed that the lawsuit over his firm’s merger with Warner Bros. Discovery is about his politics and its perceived impact on CNN AFP via Getty Images “I believe this fight is not really about market share,” he continued, noting the deal has been approved by regulators around the world. “The issue is whether I can be trusted as a steward of Warner’s CNN. There has been speculation about my politics, my loyalties, my intentions.”
“Unfortunately, I can’t give anyone a view into my heart and mind, but I can share this,” Ellison asserted.
“I have regularly voted for candidates of both parties; I hold some views that would be called conservative and others that would be called liberal, just like most Americans; and when it comes to our news operations, I do not aspire to lead these companies to bend their newsrooms to my views. I believe that news should be based on facts and truth.”
Ellison voiced commitment to producing news that’s fair, “straight down the middle,” and reflects a wide range of perspectives, comments he has made in the past, too.
“And it requires independence. Our journalists will continue to answer to the facts and to all the people they serve — not to any party or cause,” the exec added.
The media maven, who is the son of billionaire Oracle co-founder Larry Ellison, cited a Gallup survey that says just 28% of Americans trust the news, a new low.
“Trust can’t be argued back, but it can be earned back — story by story, day by day. In an age when so much of what fills our screens is machine-generated or engineered to enrage, journalism from real reporters matters more than ever. That is the work I intend to pay for, patiently, for a long time,” he noted.
Ellison reiterated comments he has previously made about news divisions needing to be fair and “straight down the middle,” reflecting a wide range of points of view. Getty Images Ellison also reiterated the commitments that he is making to keep film and TV production flowing if the deal goes through, and noted that the competition from technology giants has battered legacy Hollywood studios.
“Hollywood is losing ground to technology platforms whose algorithms reward the loudest voices,” he wrote. “The work is leaving, especially from California — where I grew up and where I’m raising my family — draining the deepest pool of creative talent ever assembled.”
The CEO restated his commitment to producing 30 theatrical films a year, 170 TV series annually and invest more than $30 billion a year in content creation should the Paramount-WBD merger go through.
The op-ed came as Paramount has been embroiled in a legal battle against 12 attorneys general, who are pushing to stop the deal. Regulators in the US and Europe have already greenlit the merger, which would bring Hollywood studios Paramount Pictures and Warner Bros. under the same roof, as well as news outlets CBS and CNN.
Paramount faces two lawsuits in the US and calls from actors for the UK to block the merger abroad. REUTERS “A deal this size is lived out in public, and I have felt every bit of that,” Ellison concluded. “I don’t ask to be taken at my word; the commitments are in writing, and the work will be on screens where anyone can judge it.”
Aside from the lawsuit filed by 12 US states, Paramount also faces a suit from the Writers Guild of America and calls from British actors Benedict Cumberbatch, Alan Cumming and Benedict Wong to push the UK government to block the deal.
Wheaton Precious Metals má 6. srpna po uzavření trhu oznámit výsledky za 2. čtvrtletí, přičemž tržby mají podle odhadů vzrůst na 877 milionů USD a zisk na akcii na 1,11 USD.
Key Takeaways Wheaton Precious Metals to report Q2'26 results on Aug. 6, with sales and earnings expected to grow y/y.WPM has a positive 3.20% Earnings ESP, while estimates point to higher prices boosting results.Wheaton Precious Metals projects stronger 2026 output, supported by Antamina and new development projects. Wheaton Precious Metals (WPM - Free Report) is scheduled to report second-quarter 2026 results on Aug. 6, after market close.
The Zacks Consensus Estimate for Wheaton Precious Metals’ second-quarter sales is pegged at $877 million, indicating 74% growth from the prior-year quarter’s reported figure. The consensus mark for WPM’s earnings is pegged at $1.11 per share, suggesting year-over-year growth of 76.1%. Earnings estimates have moved down 7.5% in the past 60 days.
Image Source: Zacks Investment Research
WPM’s Earnings Surprise HistoryWheaton Precious Metals’ earnings have outpaced the consensus estimate in the trailing four quarters, the average surprise being 14.1%.
Image Source: Zacks Investment Research
What the Zacks Model Unveils for Wheaton Precious MetalsOur model predicts an earnings beat for Wheaton Precious Metals this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is precisely the case here.
You can uncover the best stocks before they are reported with our Earnings ESP Filter.
Earnings ESP: Wheaton Precious Metals has an Earnings ESP of +3.20%.
Zacks Rank: WPM currently carries a Zacks Rank of 3.
Factors Likely to Have Shaped WPM’s Q2 PerformanceWheaton Precious Metals is likely to have delivered a strong performance in the first quarter of 2026, building on the robust momentum seen in the first quarter of the year.
Wheaton Precious Metals projects an attributable production of 860,000-940,000 gold-equivalent ounces (GEOs) for 2026. The mid-point of the range indicates a 30% year-over-year increase in production. This outlook reflects higher attributable production from Antamina, the start-up of several development projects (Blackwater, Goose, Mineral Park and Platreef) and a stable forecast for Salobo production.
Our model projects WPM’s total attributable production of 201,920 GEOs for the second quarter of 2026, indicating a 6.2% year-over-year increase. The production figure includes attributable gold production of 98,995 ounces (a 6.6% year-over-year increase).
Our model projects a 0.6% year-over-year rise for the second quarter at Salobo, attributable to gold production of 69,815 ounces. Gold production at Sudbury is expected to be 0.2% higher year over year at 5,416 ounces. At Constancia, attributable gold production is projected to be 82.9% lower at 1,573 ounces due to decreased gold grades.
Our model projects WPM’s second-quarter gold sales volume of 97,181 ounces, indicating an 1.8% year-over-year dip. Gold realized prices are expected to be $4,534 per ounce, suggesting a 36.7% year-over-year rise.
The company’s second-quarter 2026 total gold sales are projected at $441 million, implying a 34.2% year-over-year rise. Gold sales are expected to have contributed 52% to WPM’s total sales.
Our model projects 5.88 million ounces of total attributable silver production (up 5.1% year over year). A 18.9% rise at Penasquito is expected to offset the 29.4% decline in Constancia and a 15.3% year-over-year decrease at Antamina.
Wheaton Precious Metals’ silver sales volume is expected to be 5.27 million ounces. Silver realized prices are expected to be $73.49 per ounce, suggesting 115.8% year-over-year growth. This is likely to lead to silver sales of $387 million, indicating a 133.7% year-over-year rise. Silver sales are expected to contribute 45.7% to the total sales.
Attributable production of palladium is projected at 2,548 ounces (up 4.6% year over year), while production for cobalt is expected at 799 thousand pounds (up 23.5%). Other metals’ production is projected at 5,099 GEOs for the second quarter.
Our model projects Wheaton Precious Metals to sell 162,858 GEOs in the second quarter, 10.9% lower than the prior-year quarter’s actual. Overall, the company’s second-quarter results are expected to reflect the gains of higher gold and silver prices.
Wheaton Precious Metals Stock’s Price PerformanceWPM shares have gained 17.4% over the past year compared with the industry's 39% growth.
Image Source: Zacks Investment Research
Other Stocks to ConsiderHere are some other stocks with the right combination of elements to also post an earnings beat in their upcoming releases.
Avient Corporation (AVNT - Free Report) , scheduled to release second-quarter 2026 earnings on Aug. 6, has an Earnings ESP of +0.87% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for earnings for Avient for the second quarter of 2026 is 89 cents per share, indicating an 11.2% year-over-year increase. Avient has a trailing four-quarter average earnings surprise of 2.1%.
Materion (MTRN - Free Report) , scheduled to release second-quarter 2026 earnings on Aug. 5, has an Earnings ESP of +5.39% and a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for Materion’s earnings for the second quarter of 2026 is pegged at $1.55 per share, indicating 13% growth from the year-ago quarter's reported figure. Materion has a trailing four-quarter average earnings surprise of 4.96%.
Albemarle Corporation (ALB - Free Report) , scheduled to release second-quarter earnings on Aug. 5, currently has an Earnings ESP of +2.21% and a Zacks Rank #3.
The Zacks Consensus Estimate for Albemarle’s earnings for the second quarter is pegged at $3.35, indicating a surge from earnings of 11 cents reported in the year-ago quarter. Albemarle has a trailing four-quarter average earnings surprise of 74%.
Western Union a Rain spustily Stablecard, která umožňuje držet USDPT a platit u obchodníků i bankomatů v síti Visa. Služba běží ve 37 trzích a do konce roku má být ve více než 60.
Western Union and global stablecoin platform Rain launched a stablecoin-based solution designed to enable users to hold dollar value, protect their money in markets where currencies frequently fluctuate, and spend that value at any Visa merchant or ATM, online or in store.
The new Stablecard by Western Union combines a digital USDPT wallet and a Visa card in a single experience, Western Union said in a Tuesday (Aug. 4) press release.
With Stablecard, users can receive funds and store value in USDPT, which is a U.S. dollar stablecoin issued by Anchorage Digital on the Solana blockchain, in a digital wallet and use a USDPT-backed Visa secured credit card to spend anywhere Visa is accepted, according to the release.
Western Union launched Stablecard in 37 markets, including key markets where local currency is not stable and there is already demand for stablecoins. The company plans to offer Stablecard in more than 60 markets by the end of the year, per the release.
The Stablecard mobile app is available in the Apple App Store and Google Play.
Western Union President and CEO Devin McGranahan said in the release that Stablecard furthers the company’s efforts to make global financial services more accessible.
“By combining the stability of a dollar-backed digital asset with the scale of Western Union’s global network and Visa’s acceptance footprint, we’re giving consumers a new way to hold value, move money and spend confidently across borders,” McGranahan said.
Rain CEO and Co-Founder Farooq Malik said in the release that Western Union is making stablecoin efficiency accessible to people who have never thought about on-chain money.
“With Rain’s enterprise infrastructure underneath both the wallet and card, users enjoy a modern experience that just works with all of the compliance and protections built in,” Malik said.
Western Union executives said during a Thursday (July 30) earnings call that the company is sharpening its focus on digital and artificial intelligence.
In April, as Western Union was preparing to launch USDPT, the company said the stablecoin would provide customers with a bridge between fiat and crypto, digital payment access for those who are unbanked, global accessibility, U.S. dollar price stability and 24/7 availability.
Meanwhile, Rain announced in January that it raised $250 million in a Series C funding round to scale its infrastructure for stablecoin payments and add new capabilities and products.
In May 2025, Rain joined Visa’s pilot program for stablecoin settlement. The company said that by fully tokenizing its credit card receivables and transitioning all settlement transactions for its Visa cards to USDC, it can settle with Visa seven days a week, 365 days a year.
While stablecoins are often framed as a new front-end payment method, their core unlock is actually around merging money movement and reconciliation into a single digital packet, Malik told PYMNTS CEO Karen Webster in an interview posted in September.
IQVIA za týden vzrostla o 13 % po lepších čtvrtletních výsledcích a zvýšení výhledu na 2026. Tržby i zisk překonaly odhady, podpořené rekordními objednávkami v R&D.
Key Takeaways IQV reported Q2 earnings and revenue above estimates, driven by Commercial and R&D Solutions growth.IQV raised 2026 revenue and earnings guidance after record R&D bookings and a larger contracted backlog.IQV trades below its five-year EV/EBITDA median, while leverage and recent gains raise the execution bar. IQVIA Holdings Inc. (IQV - Free Report) shares climbed 13% in a week as investors weighed better-than-expected quarterly results, stronger bookings and a raised full-year outlook.
The move reflects improving operating momentum, but its durability depends on whether bookings convert into revenue and earnings while leverage remains elevated. After a 29% gain in six months, further upside may require consistent execution rather than another short-term rerating.
IQVIA’s Rally Follows a Strong Earnings BeatSecond-quarter adjusted earnings increased 12.1% year over year to $3.15 per share. Revenues rose 8.7% to $4.36 billion, supported by growth in both Commercial Solutions and Research & Development Solutions.
Earnings exceeded the Zacks Consensus Estimate by 4.3%, while revenues topped the consensus mark by 1.6%. Those results strengthened the investment case, although they should be viewed as one contributor to the weekly price move rather than its sole cause.
IQVIA’s Bookings Improve Revenue VisibilityResearch & Development Solutions generated record net new bookings of $3.15 billion, up 19% year over year, with a book-to-bill ratio of 1.22. Trailing-12-month net new bookings reached $11.3 billion, up 13%.
Contracted backlog totaled $34.2 billion at June 30, with about $9.2 billion expected to convert into revenue over the next 12 months. That pipeline improves visibility into future clinical research activity, though conversion timing remains important.
ICON plc (ICLR - Free Report) , another clinical research organization, reported second-quarter net business wins of $3.12 billion and a 1.51 book-to-bill ratio. Fortrea Holdings Inc. (FTRE - Free Report) also competes in outsourced clinical development, making peer booking trends relevant when judging whether IQVIA’s momentum is company-specific or industrywide.
IQVIA’s Raised Outlook Supports MomentumIQVIA raised its 2026 revenue guidance to $17.28 billion-$17.48 billion from $17.15 billion-$17.35 billion. Adjusted earnings guidance increased to $12.80-$13 per share from $12.65-$12.95.
The new revenue midpoint implies 6.5% growth, compared with 5.8% previously. Management incorporated roughly 100 basis points of stronger organic growth and 50 basis points of additional acquisition contribution, partly offset by an 80-basis-point unfavorable change in foreign exchange assumptions.
IQVIA’s Valuation May Limit Further UpsideIQVIA trades at 13.02X trailing enterprise value to EBITDA, below its five-year median of 14.14X. That discount suggests the stock is not stretched relative to its own history and Industry.
Image Source: Zacks Investment Research
The comparison is less reassuring after the recent rally. Shares have advanced 29% in six months, while net debt stood at $14.09 billion and the net leverage ratio was 3.59. Additional appreciation may therefore depend on earnings growth, cash generation and steady backlog conversion.
IQVIA’s Mixed Scores Temper the RallyThe operating picture supports continued interest, but the weekly surge should not be treated as an unqualified bullish signal. Bookings and guidance improved, while leverage and the size of the recent advance raise the execution bar.
IQVIA currently carries a Zacks Rank #3 (Hold), indicating a neutral near-term earnings-revision signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Its Value Score of B and VGM Score of B add support for investors focused on valuation and a blended style profile.
The Growth Score of C and Momentum Score of C are less decisive. Together, the scores suggest that the stock’s prospects are balanced, with further gains likely to depend on sustained operating progress rather than the recent price move alone.
Key Takeaways Mohawk grew Q2 earnings, with pricing, productivity and mix supporting profit recovery.MHK expects restructuring to deliver lasting cost savings and stronger operating leverage through 2027.MHK's higher valuation and weak housing demand leave future upside tied to sustained execution. Mohawk Industries, Inc. (MHK - Free Report) presents investors with a clear trade-off between improving profitability and a still-challenging housing cycle.
Better execution, cash generation and restructuring benefits support the recovery case. A higher valuation and uncertain residential demand make the stock less compelling as an outright buy.
Mohawk’s Earnings Recovery Is Taking ShapeMohawk’s second-quarter 2026 adjusted earnings increased 32.5% year over year to $3.67 per share and exceeded the Zacks Consensus Estimate by 42.8%. Adjusted operating income rose across all three business segments, supported by volume growth, pricing, favorable product mix, productivity and tariff refunds.
The Zacks Consensus Estimate calls for earnings of $9.78 per share in 2026 and $10.70 in 2027. That projected increase suggests the earnings recovery can extend beyond the latest quarter, though the pace will depend on demand and Mohawk’s ability to offset inflation.
MHK’s Restructuring Builds Operating LeverageMohawk continues to simplify operations, realign its organization, consolidate warehouses and optimize capacity. Restructuring programs initiated since 2022 are expected to generate about $360 million in annualized benefits.
Additional projects announced in the second quarter could lower annual costs by another $60 million after completion, with most actions scheduled by the end of 2027. These permanent reductions should support profitability during weak demand periods and provide stronger operating leverage when residential markets recover.
Mohawk’s Balance Sheet Supports FlexibilityFree cash flow reached $236 million during the first six months of 2026, up from $41 million a year earlier. Net debt was about $1.07 billion, while net debt-to-adjusted EBITDA stood at 0.8X at the end of the second quarter.
The company repurchased about $125 million of shares during the first half and plans roughly $460 million of capital spending in 2026. Most of that spending is directed toward cost reduction, innovation and maintenance, giving Mohawk room to invest without stretching its balance sheet.
MHK Still Faces a Difficult Demand BackdropHome resale activity remained near multi-decade lows in the second quarter, while new construction and residential remodeling stayed soft. Management expects flooring conditions to remain difficult in the third quarter, with commercial demand outperforming residential activity.
Floor & Decor Holdings, Inc. (FND - Free Report) reported a 2.1% decline in second-quarter comparable-store sales and said demand for larger discretionary flooring projects remained uneven. That performance supports Mohawk’s cautious view of residential spending.
Interface, Inc. (TILE - Free Report) offers a contrasting industry signal. The commercial flooring producer reported 6.8% currency-neutral sales growth in the first quarter, led by corporate office and health care demand, illustrating why commercial exposure may provide more support than residential markets.
Mohawk’s Valuation Balances Quality and RiskMHK trades at 14.4X forward 12-month earnings, close to the sub-industry multiple of 14.5X but above its five-year median of 10.8X. The current price also sits near the $140 price target from the Aug. 3 closing level of $132.99.
That valuation reflects improving execution but leaves less room for error. If inflation persists, pricing becomes harder to realize or housing weakness lasts longer than expected, the stock could struggle to deliver meaningful upside.
MHK’s Scores Point to a Selective HoldMHK currently carries a Zacks Rank #3 (Hold). It also has a VGM Score of A, with a Value Score of B, Growth Score of B and Momentum Score of C. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The VGM, Value and Growth readings support the longer-term recovery case. Still, Style Scores are designed to complement the Zacks Rank, and the Hold designation argues for patience rather than aggressive buying.
A 0.4% decline in the current-year earnings estimate over the past four weeks and the Momentum Score of C add to the case for waiting. Existing shareholders may have reasons to stay invested, but new investors may want clearer evidence of durable demand improvement before building a position.
Wall Street čeká, že Super Micro Computer za čtvrtletí vykáže zisk 0,68 USD na akcii a tržby 11 miliard USD, tedy meziroční růst o 65,9 % a 91,1 %. Výsledky mají být zveřejněny 11. srpna.
Wall Street expects a year-over-year increase in earnings on higher revenues when Super Micro Computer (SMCI - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact 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 August 11. 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 server technology company is expected to post quarterly earnings of $0.68 per share in its upcoming report, which represents a year-over-year change of +65.9%.
Revenues are expected to be $11 billion, up 91.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 7.71% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Super Micro?For Super Micro, 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 -15.56%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Super Micro 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 Super Micro would post earnings of $0.63 per share when it actually produced earnings of $0.84, delivering a surprise of +33.33%.
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.
Super Micro 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.
Super Micro Computer je za rok níž o 51,84 %, ale firma zvýšila výhled tržeb na 38,9 až 40,4 miliardy USD. Model 24/7 Wall St. vidí cílovou cenu 32,28 USD a doporučení ke koupi.
Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) has had a brutal stretch. Shares are down 51.84% over the past year and sit 36% below the 52-week high of $59.40. Despite the pain, our proprietary model sees value emerging.
Our 24/7 Wall St. price target for SMCI is $32.28, implying 13.44% upside from the current $28.46. The recommendation is buy with high confidence at 90%.
24/7 Wall St. Price Target Summary Metric Value Current Price $28.46 24/7 Wall St. Price Target $32.28 Upside 13.44% Recommendation BUY Confidence Level 90% From $59 to $28: What Broke the Story SMCI has fallen 5.65% over the past week, though it is up 2.71% over the past month as buyers step in near lows. Pain centers on two stories. First, cash flow: Q3 FY26 saw operating cash outflow of $6.6 billion and cash reserves fell to $1.29B, down 49.12% YoY. Second, the Board is running an independent review tied to export-control matters, with preliminary results.
The offset is real. Q3 FY26 revenue reached $10.24B, up 122.68% YoY, non-GAAP EPS beat by 34.51%, and gross margin recovered to 9.9% from 6.3%. A new ITC patent investigation over Netlist memory tech has added regulatory overhang heading into the August 11, 2026 Q4 earnings report.
The Case for $42 and Beyond The bull setup is the AI infrastructure ramp. CEO Charles Liang cited $13B in Blackwell Ultra orders and management raised FY26 revenue guidance to $38.9B to $40.4B from $33B.
Preliminary Q4 gross margins track 15% to 17%, well above prior guidance, and new orders reportedly exceed $60B. Seeking Alpha’s Pythia Research recently upgraded from sell to bullish, citing structural margin improvement. Our bull-case price is $42.20, a 48.27% return.
What Could Go Wrong The bear case hinges on cash. The $6.6B operating cash outflow, $8.8B in bank debt and convertibles, and $169M in inventory write-downs raise real balance-sheet risk.
_________________________________
What's Your Number...?Here's a question most people 5y from retirement can't answer: at your current savings rate, how much do you need, and how long will it actually last? A good advisor can put a date on that in a single meeting. SmartAsset's free quiz matches you with up to three fiduciary advisors serving your area, so you can get YOUR retirement number now (sponsor)
__________________________________________
Bulls counter that inventory build reflects aggressive Blackwell positioning, and CFO David Weigand acquired 13,780 RSUs and 30,622 options on May 8. If export-control findings escalate or the ITC investigation restricts memory supply, the bear-case target is $27.
How SMCI Compares to Dell and HPE Dell Technologies (NYSE:DELL) is the most direct competitor. Dell trades at 22x earnings with a 6.5% FCF yield and posted AI-optimized server revenue growth of 757% YoY in Q1 FY27. Against that, SMCI’s 18x P/E looks cheap, but Dell’s 20% gross margin dwarfs SMCI’s 11.06%. The discount is earned.
Hewlett Packard Enterprise (NYSE:HPE) offers a growth counterpoint. HPE grew Q2 FY26 revenue 40% YoY with 28.77% gross margin. SMCI outgrows HPE in top line but at meaningfully lower margins. The peer group makes our $32.28 target reasonable.
Company P/E Gross Margin SMCI 18x 11.06% DELL 22x 20.0% HPE N/M 28.77% The Setup Is the Reason to Buy My 24/7 Wall St. price target is $32.28 with a buy rating and 90% confidence. Margin recovery in Q3 FY26 and preliminary Q4 gross margins in the 15% to 17% range are the tipping factor.
I’d buy here if the August 11 earnings report confirms sustained margin expansion and no material export-control findings. I’d stay on the sidelines if operating cash burn continues at Q3’s pace into the new fiscal year.
Year 24/7 Wall St. Price Target 2026 $32.28 2027 $35.50 2028 $38.75 2029 $41.00 2030 $43.49 These projections assume SMCI executes on its DCBBS strategy and Silicon Valley manufacturing ramp. Significant upside or downside could come from Blackwell demand durability or export-control outcomes.
If You’ve Been Thinking About Retirement, Pay Attention (sponsor) Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance, and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor. Here’s how:
Answer a Few Simple Questions.
Get Matched with Vetted Advisors
Choose Your Fit
Why wait? Start building the retirement you’ve always dreamed of. Get started today! (sponsor)
Fortive ve 2. čtvrtletí zvýšila srovnatelné tržby o 6,7 % a upravenou EBITDA o 12 % na 323,1 mil. USD. Volný cash flow vyskočil o 50,3 % na 270,6 mil. USD, ale vyšší ocenění omezuje další růst.
Key Takeaways Fortive's second-quarter core revenues rose 6.7%, with pricing and volume both contributing.Adjusted EBITDA climbed 12% to $323.1 million, as margin expanded 110 basis points to 29.5%.Free cash flow jumped 50.3%, but leverage, product mix and valuation favor a patient approach. Fortive Corporation (FTV - Free Report) is entering the second half of 2026 with faster organic growth, wider adjusted EBITDA margins and stronger cash generation. Those gains improve the investment case after the separation of its former Precision Technologies businesses.
The question is whether the operating progress offers enough upside at the current price. Product mix, leverage and a valuation close to Fortive’s historical norm argue for a more selective approach.
Fortive’s Core Growth Strengthens the Bull CaseSecond-quarter core revenues increased 6.7%, taking first-half core growth to 6.1%. Pricing and volume both contributed, showing that the improvement was not dependent on a single lever.
Intelligent Operating Solutions delivered 7.4% core growth, supported by professional instrumentation, facilities and asset lifecycle solutions and gas detection. Advanced Healthcare Solutions grew 5.3% as consumables, services, software and modest capital-equipment demand supported the segment.
FTV’s Margin Gains Face Mix PressureAdjusted EBITDA rose 12% to $323.1 million, while the adjusted EBITDA margin expanded 110 basis points to 29.5%. Operating leverage, productivity and structural cost savings more than offset growth investments and higher employee costs.
The quality of the margin improvement was uneven. Adjusted gross margin fell 100 basis points to 63% because of product mix, while the healthcare segment’s adjusted EBITDA margin contracted 80 basis points to 26.1%.
Fortive’s Cash Flow Supports Capital ReturnsQuarterly free cash flow climbed 50.3% to $270.6 million. Trailing-12-month free cash flow reached $1.04 billion, giving Fortive meaningful capacity to fund organic investment and return capital.
The company repurchased about $200 million of stock in the second quarter. Buybacks over the preceding four quarters totaled roughly $2 billion and covered about 38 million shares, or nearly 11% of diluted shares outstanding at the start of that period.
FTV’s Valuation Leaves Less Room for ErrorFortive trades at 18.9X forward earnings, below 25.6X for its subindustry, 20.7X for its sector and 20.3X for the S&P 500. The discount is useful, but the stock remains close to its five-year median multiple of 19.4X rather than at an unusually low historical valuation.
Keysight Technologies (KEYS - Free Report) provides design, simulation and test solutions across communications, aerospace, automotive and semiconductor markets. AMETEK, Inc. (AME - Free Report) is a diversified producer of electronic instruments and electromechanical devices, making both relevant comparison points for Fortive’s instrumentation and industrial technology exposure.
Fortive’s Leverage and Execution Risks MatterFortive ended the quarter with $3.53 billion of gross debt and net leverage of 2.4 times adjusted EBITDA. Refinancing included $600 million of 4.75% notes due 2031 and $500 million of 5.25% notes due 2036, contributing to higher interest expense.
Additional risks include uncertain tariff-refund timing, uneven regional demand, healthcare product mix and bolt-on integration. These factors could limit further margin expansion or reduce flexibility if commercial conditions weaken.
FTV’s Signals Favor Patience With Selective OptimismFortive’s improving growth, margin and cash profile supports a constructive view, but the valuation and execution risks leave limited room for disappointment. Current holders have reasons to stay patient, while prospective buyers may prefer a more favorable entry point.
The stock carries a Zacks Rank #2 (Buy), and the Zacks Consensus Estimate for current-fiscal-year earnings has risen 1.5% in the past month. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
A Momentum Score of B reinforces the near-term case, but the Value Score of C, Growth Score of D and VGM Score of D point to a less balanced setup. The signals support selective optimism rather than an unqualified bullish stance.
PTEN za poslední měsíc vzrostl o 20 %, protože vyšší poptávka a ceny pronájmu rigů zlepšují výsledky. Firma u nových kontraktů získala zdražení o 10 % až 15 % a čeká průměrně zhruba 100 rigů v USA ve 3. čtvrtletí, přičemž na konci by měla být nad touto úrovní.
Key Takeaways Patterson-UTI beat estimates as quarterly revenues hit $1.2 billion and adjusted earnings broke even.PTEN secured 10%-15% price increases on new rig contracts and expects its U.S. rig count above 100.PTEN sees Q3 Completion Services profit near $140 million, while 2026 revenues are set to decline. Patterson-UTI Energy, Inc. (PTEN - Free Report) shares have gained 20% in the past month as U.S. drilling activity, equipment utilization and service pricing improve. The advance follows a weaker 12-week stretch, making the reversal notable.
Image Source: Zacks Investment Research
The operating backdrop is strengthening, but the rally raises a valuation question. Investors must weigh better contract economics and rising activity against continued losses, commodity sensitivity and the possibility that some of the expected 2027 recovery is already reflected in the stock.
Why PTEN’s One-Month Rally Stands OutPTEN’s impressive four-week gain contrasts with a 17% decline over the past 12 weeks. The 57.1% increase in the current-year earnings estimate over four weeks adds fundamental context to the shift.
The latest quarter provided firmer operating evidence. Adjusted earnings were break-even versus the Zacks Consensus Estimate of a 3-cent loss, while revenues of $1.2 billion beat the consensus mark by 7%. Helmerich & Payne, Inc. (HP - Free Report) is a relevant land-drilling peer with a global drilling platform. Nabors Industries Ltd. (NBR - Free Report) also competes through drilling services and technology, making both useful industry reference points.
Image Source: Zacks Investment Research
PTEN’s Rig Pricing Supports the MomentumU.S. land activity strengthened during the second quarter as private operators reacted to better commodity economics. Patterson-UTI expects its average U.S. rig count to reach about 100 in the third quarter and finish above that level.
Tight availability helped PTEN secure pricing increases of roughly 10% to 15% on newly awarded contracts versus first-quarter levels. Upgraded rigs are earning several thousand dollars more per day than standard super-spec units, while contracts extending into 2027 improve revenue visibility.
Patterson-UTI’s Frac Fleet Adds Another TailwindNatural gas-powered frac equipment is nearly fully utilized across the industry, while much of the remaining capacity consists of older diesel units that customers prefer to avoid. PTEN’s frac calendar remained largely full in the second quarter as pricing improved.
Completion Services adjusted gross profit is expected to reach about $140 million in the third quarter, up from $123 million in the second quarter. Completion work tied to recent drilling gains could tighten capable equipment supply into 2027.
PTEN Still Faces Earnings and Commodity RisksThe better operating picture has not eliminated earnings pressure. Patterson-UTI posted a second-quarter net loss attributable to common shareholders of $20 million, and the Zacks Consensus Estimate calls for a loss of 6 cents per share in 2026.
Revenues are projected to decline to about $4.6 billion in 2026 from $4.8 billion in 2025. A renewed drop in oil or natural gas prices could slow U.S. shale spending, weakening demand and pricing across drilling and completion operations.
Can Patterson-UTI Extend the Rally?Rising utilization, firmer pricing and longer contracts give PTEN a path to better earnings and cash generation. Management expects 2026 adjusted free cash flow to more than cover dividends and sees meaningful improvement in 2027.
The stock has already rebounded sharply. Further upside may depend on whether higher dayrates, completion margins and activity translate into sustained net income rather than only better segment-level results.
PTEN’s Buy Signal Gets Support From Style ScoresPTEN’s operating momentum supports a constructive stance, but the rally must be judged against execution risk and the cyclicality of U.S. shale spending. Better utilization and contract visibility are encouraging, yet losses and commodity exposure still require discipline.
The stock currently carries a Zacks Rank #2 (Buy). It also has a Value Score of A and VGM Score of A, along with a Growth Score of B and Momentum Score of B. This combination indicates favorable value, growth and momentum characteristics for a top-ranked stock, without removing the company’s earnings and industry risks.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Columbia Banking ve 2. čtvrtletí zvýšila čistou úrokovou marži na 3,93 % a čeká, že ve 3. čtvrtletí dosáhne 4 % nebo více. Vyšší náklady ale dál tlumí krátkodobý výhled.
Key Takeaways Columbia Banking Q2 NIM widened to 3.93% and expects it to reach or exceed 4% in the third quarter. COLB is redirecting capital to higher-return loans while allowing inherited transactional balances to run off.COLB returned capital through dividends and share buybacks, but higher expenses temper the near-term outlook. Columbia Banking System, Inc. (COLB - Free Report) is benefiting from a wider net interest margin (NIM), rising fee income and sustained capital returns. Those strengths are being offset by a larger expense base, planned balance-sheet contraction and uneven credit trends.
The central question is whether improving core profitability and a modest valuation discount justify accepting near-term execution risks. For now, the evidence favors patience rather than a new position.
COLB’s Margin Recovery Supports Core EarningsNIM reached 3.93% in the second quarter of 2026, up 18 basis points year over year. The cost of interest-bearing deposits fell 56 basis points to 1.96%, while the cost of total deposits declined to 1.32%.
Management expects the margin to reach or exceed 4% in the third quarter. Lower funding costs, asset repricing and a shift toward higher-return relationship loans should support core earnings, although competitive deposit pricing could limit further improvement.
Columbia Banking Faces a Larger Cost BaseSecond-quarter non-interest expenses rose 34.9% year over year to $375 million. Salaries and employee benefits increased 26.5%, occupancy and equipment costs advanced 38.3%, and intangible amortization climbed 46.2%.
Pacific Premier acquisition synergies were essentially complete by June 30, with savings exceeding the original target by $5 million. Even so, management expects third-quarter expenses excluding core deposit intangible amortization of $330-$335 million. Faster operating leverage depends on those savings outpacing ongoing compensation, occupancy and reinvestment costs.
COLB’s Loan Remix Trades Growth for QualityColumbia is running off inherited transactional loans rather than rebuilding that portfolio. Balances declined by about $270 million in the second quarter, and management expects reductions of roughly $250 million or slightly more per quarter over the next several quarters.
Capital is being redirected toward commercial and industrial loans and owner-occupied commercial real estate, which can generate deposits and fee income. Commercial loans, including owner-occupied real estate, grew at a 5% annualized rate. The trade-off is restrained total loan growth until around mid-2027.
Columbia Banking’s Valuation Offers a Mixed SignalCOLB trades at 9.96X forward 12-month price-to-earnings, below the industry’s 10.66X but above its five-year median of 9.11X. The discount is modest rather than decisive, especially with the 2026 earnings estimate recently revised lower.
Price-to-Earnings F12M
Image Source: Zacks Investment Research
COLB trades at a discount to its peer, East West Bancorp (EWBC - Free Report) based on its P/E multiple of 12.05X, while trading at a slight premium to Zions Bancorporation (ZION - Free Report) , which has a P/E multiple of 9.95X.
COLB’s Capital Returns Strengthen the CaseCapital remains a clear support. Columbia ended June 30, 2026 with a common equity Tier 1 ratio of 11.6% and a total risk-based capital ratio of 13.4%. The company pays quarterly dividend of 37 cents per share. In the past five years, COLB hiked its dividend three times and has a dividend yield of 4.7%. East West Bancorp has a dividend yield of 2.4% while Zions Bancorporation has a dividend yield of 2.6%.
The company also repurchased 6.6 million shares for $199 million in the second quarter and guided to $150-$200 million of third-quarter buybacks. Those returns improve per-share economics, but preserving flexibility matters if credit costs or post-integration pressures stay elevated.
COLB’s Weak Ratings Favor a Wait-and-See ApproachThe bottom line is that margin recovery, fee growth and capital returns improve the longer-term case, but the expense burden, loan runoff and competitive pricing limit near-term upside.
Over the past six months, COLB shares gained 3.4%, lagging the S&P 500 as well as East West Bancorp and Zions Bancorporation.
Price Performance
Image Source: Zacks Investment Research
COLB currently carries a Zacks Rank #5 (Strong Sell). Its Value Score of C suggests the valuation is only middle-of-the-pack, while the Growth Score of D, Momentum Score of D and VGM Score of D point to weak near-term support across key investment styles. The combination favors a wait-and-see approach until earnings revisions and operating leverage improve.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Progressive Corporation (PGR) Q2 2026 Earnings Call August 4, 2026 9:30 AM EDT
Company Participants
Julianna Paterra
Susan Griffith - President, CEO & Director
Lori Niederst - Chief Personal Lines Officer
Patrick Callahan - President of Personal Lines
John Curtiss
Andrew Quigg - VP & CFO
Brandon Hopkins
Conference Call Participants
Elyse Greenspan - Wells Fargo Securities, LLC, Research Division
Tracy Benguigui - Wolfe Research, LLC
Taylor Scott - Barclays Bank PLC, Research Division
Andrew Kligerman - TD Cowen, Research Division
Pablo Singzon - JPMorgan Chase & Co, Research Division
David Motemaden - Evercore ISI Institutional Equities, Research Division
Jon Paul Newsome - Piper Sandler & Co., Research Division
Presentation
Julianna Paterra
Good morning, and thank you for joining us today for Progressive's Second Quarter Investor Event. I am Julianna Paterra, Director of Investor Relations, and I will be moderator for today's event. The company will not make detailed comments related to its results in addition to those provided in its annual report on Form 10-K, quarterly reports on Form 10-Q and the letter to shareholders, which have been posted to the company's website.
This quarter includes a presentation on a specific portion of our business, followed by a question-and-answer session with members of our leadership team. The introductory comments and the presentation were previously recorded. Upon completion of the previously recorded remarks, we will use the balance of the 90 minutes scheduled for this event for live questions and answers with leaders featured in our recorded remarks as well as other members of our management team.
As always, discussions in this event may include forward-looking statements. These statements are based on management's current expectations and are subject to many risks and uncertainties that could cause actual events and results to differ materially from those discussed during today's event.
Additional information concerning those risks and uncertainties is available in
Akcie Coherent vyskočily až o 12 % poté, co Reuters uvedl, že FCC chystá zákaz dovozu nových čínských optických transceiverů do AI datacenter. Omezování by mohlo zvýhodnit americké dodavatele, včetně Coherent a Lumentum.
Shares of Coherent COHR surged on Tuesday after a report said the Trump administration is drafting restrictions on imports of new Chinese data center components, a move that could benefit US optical networking suppliers as cloud providers seek alternative vendors.
Coherent shares climbed as much as 12% in trading following the Reuters report.
Fellow optical networking company Lumentum gained more than 5%, while Applied Optoelectronics also rallied. Meanwhile, Amazon.com shares fell more than 1.7% in trading.
According to Reuters, the Federal Communications Commission (FCC) is preparing a proposal that would prohibit imports of new Chinese optical transceivers, components that enable high-speed data transmission across fiber-optic cables inside AI data centers.
The report said the proposal could be published later this year, although it has not been finalized and could still be modified or withdrawn.
The proposed restrictions are aimed at protecting US AI infrastructure from potential cybersecurity risks.
A ban on new Chinese optical transceivers could force American cloud providers, including Amazon Web Services, to source more equipment from domestic manufacturers such as Coherent and Lumentum.
Reuters reported that the proposed restrictions would likely target Zhongji Innolight, one of the world's largest optical transceiver manufacturers. The company was added to the Pentagon's list of alleged Chinese military-backed companies in June.
The report said the restrictions are intended to reduce the risk of Chinese-made networking hardware being used to steal data, install malware or disrupt operations at US AI data centers.
China's embassy in Washington criticized the proposed measures and urged the United States to stop targeting Chinese companies.
"China will take all necessary measures in response to any action that causes material harm to its interests," it added.
Coherent has already strengthened its position in the AI infrastructure supply chain through partnerships with Nvidia.
The chipmaker signed multi-year agreements with both Coherent and Lumentum in March, including billions of dollars in procurement commitments and a $2 billion investment in each company to secure production capacity for next-generation co-packaged optics technology.
The agreements position both companies as strategic suppliers for the growing AI data center market, where demand for high-speed optical networking equipment continues to increase.
Supply chain implications remain in focusAccording to Counterpoint Research, Zhongji Innolight controls approximately 27% of the global data center transceiver market.
Reuters reported that Coherent and Lumentum offer competing technologies but currently lack the manufacturing scale to fully replace Chinese suppliers. Innolight also generates about 90% of its revenue outside China.
The FCC has previously introduced similar restrictions targeting Chinese drones, routers, robots and power inverters through its Covered List framework.
The report said that the agency is considering a similar approach for optical transceivers by banning imports of new Chinese models while exempting many non-Chinese suppliers.
While the proposal remains under review, investors responded positively to the possibility that tighter restrictions on Chinese networking equipment could increase demand for US-based optical component manufacturers, sending Coherent shares sharply higher.
Marvell rozšiřuje AI paměť a úložiště pro cloud, aby zvládal větší AI zátěž s nižší spotřebou prostoru a energie v datových centrech. Akcie MRVL v úterý vzrostly o 12,98 %.
The Nasdaq is up 2.20% while the S&P 500 has gained 1.08%.
• Marvell Technology shares are powering higher. Why are MRVL shares rallying?
Meanwhile, Marvell is expanding its AI memory and storage lineup to help cloud companies handle larger AI workloads more efficiently while using data-center space and power more effectively.
Marvell Targets AI Memory BottlenecksMarvell said AI systems now need more memory, faster data movement and better connections as models become larger and more complex.
The company said its new portfolio helps cloud providers separate memory from computing power, making it easier to share and expand memory across servers and racks.
Will Chu, executive vice president and general manager of Custom Cloud Solutions at Marvell, said AI infrastructure is moving beyond isolated servers toward systems for which computing, memory and connectivity work together.
Company Showcases New Products at FMS 2026Marvell introduced new AI memory and storage technologies across three areas: server storage, rack-level memory expansion and shared optical memory across multiple racks.
The company said its Bravera SC6 PCIe 6.0 SSD controller doubles the performance of its prior Bravera SC5 controller and helps cloud providers support AI, cloud and enterprise workloads. Marvell expects the Bravera SC6 controller to begin sampling in the fourth quarter of 2026.
Marvell also highlighted Structera X memory expansion products, which help customers use memory more efficiently across servers, and Photonic Fabric technology, which supports shared memory across multiple racks.
Technical AnalysisMRVL is back above its 20-day SMA ($202.88) and 20-day EMA ($205.74), which helps explain why buyers are pressing the stock higher in the near term. At the same time, it’s still trading 10.7% below its 50-day SMA ($240.07), so the intermediate trend is still in "repair mode" after the prior pullback.
Earnings & Analyst OutlookLooking further out, the next major catalyst for the stock arrives with the Aug. 27 (confirmed) earnings report.
EPS Estimate: 87 cents (Up from 67 cents year-over-year) Revenue Estimate: $2.70 billion (Up from $2.01 billion YoY) Valuation: P/E of 66.6x (Indicates premium valuation relative to peers) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $270.83. Recent analyst moves include:
Keybanc: Overweight (Raises target to $400 on July 14) RBC Capital: Outperform (Maintains target to $360 on July 7) UBS: Buy (Raises target to $340 on June 29) Top ETF ExposureSignificance: Because MRVL carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely trigger automatic buying or selling of the stock.
MRVL Price ActionMarvell Technology shares were up 12.98% at $218.94 at the time of publication on Tuesday, according to Benzinga Pro data.
Photo: Shutterstock
Market News and Data brought to you by Benzinga APIs
Wendy's má 7. srpna oznámit výsledky za 2. čtvrtletí; tržby se očekávají na úrovni 564,6 mil. USD a zisk na akcii na 16 centů. Firma čelí tlaku slabší návštěvnosti, inflace a nákladů na práci.
Key Takeaways Wendy's is expected to benefit from Project Fresh, menu upgrades and digital sales growth.WEN may see support from international expansion and AI-powered app enhancements.Wendy's faces traffic, inflation and labor cost pressures ahead of its Q2 earnings report. The Wendy's Company (WEN - Free Report) is scheduled to report second-quarter 2026 results on Aug. 7, before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 20%.
WEN’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 17.6%.
WEN’s Q2 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 16 cents per share, indicating a 44.8% decline from a year ago.
The consensus mark for revenues is pinned at $564.6 million, implying a 0.7% increase from the year-ago quarter.
Factors to Note Ahead of WEN’s Q2 ResultsWendy's second-quarter 2026 revenues are likely to have benefited from the continued rollout of its Project Fresh turnaround strategy. The company strengthened its value proposition through the Biggie Deals platform, upgraded the core hamburgers with new buns and improved condiments, and introduced an enhanced spicy chicken sandwich. These menu improvements, along with a stronger promotional calendar featuring the Minions & Monsters collaboration and the planned return of the Pretzel Bacon Pub Cheeseburger, are expected to have supported customer traffic and average spending.
The top line is also likely to have been aided by growth in digital sales and continued international expansion. AI-powered recommendations in the mobile app, improved digital capabilities and better restaurant execution are expected to have enhanced customer engagement. Expansion in markets like the Philippines and Mexico, coupled with the new China development agreement, is also expected to have provided support to systemwide sales growth.
However, revenues are likely to have been pressured by continued weakness in U.S. traffic, particularly among lower-income consumers, soft breakfast demand and the impact of restaurant footprint and operating-hour optimization. Management also projected a mid-single-digit decline in global systemwide sales for the second quarter before expecting a recovery in the back half of the year.
Wendy's second-quarter 2026 bottom line is likely to have been pressured by persistent commodity inflation, particularly elevated beef costs, along with labor inflation. The company is also likely to have incurred higher investments in product quality, brand revitalization, expanded field support teams and digital capabilities under its Project Fresh strategy. Additionally, lower franchise royalty revenues and the financial impact of restaurant system optimization initiatives are anticipated to have weighed on profitability, although these pressures are likely to have been partly offset by labor efficiencies and a higher average check.
What Does the Zacks Model Unveil for WEN?Our proven model doesn’t predict an earnings beat for Wendy’s 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.
Earnings ESP: WEN has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: WEN currently has a Zacks Rank #4 (Sell).
Stocks Poised to Beat on EarningsHere are a few stocks from the Zacks Retail-Wholesale sector, which, according to our model, have the right combination of elements to post an earnings beat this reporting cycle.
CAVA Group, Inc. (CAVA - Free Report) currently has an Earnings ESP of +20.30% and a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
In the to-be-reported quarter, CAVA’s earnings are expected to increase 6.3% year over year. CAVA’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed on one occasion, with the average surprise being 16.6%.
Brinker International, Inc. (EAT - Free Report) currently has an Earnings ESP of +0.12% and a Zacks Rank of 3.
In the to-be-reported quarter, Brinker earnings are expected to register a 23.3% year-over-year decline. EAT’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 6.8%.
Sweetgreen, Inc. (SG - Free Report) has an Earnings ESP of +11.54% and a Zacks Rank of 2 at present.
In the to-be-reported quarter, Sweetgreen’s earnings are expected to register a 35% year-over-year increase. Sweetgreen’s earnings missed estimates in each of the trailing four quarters, with the average miss being 42.4%.
ATI má 6. srpna oznámit výsledky za 2. čtvrtletí; tržby se čekají na 1,22 miliardy USD, meziročně o 6,98 % vyšší. Tahounem mají být silná poptávka v letectví, obraně a speciální energetice.
Key Takeaways ATI is set to report Q2 results on Aug. 6, with revenues estimated at $1.22 billion, up 6.98%.Aerospace, defense and specialty energy demand is expected to lift shipments and expand margins.Pricing, operational efficiencies and cost initiatives may support earnings growth. ATI Inc. (ATI - Free Report) is set to release second-quarter 2026 results before the market opens on Aug. 6.
The company surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an earnings surprise of roughly 8.56% on average. It posted an earnings surprise of 13.6% in the last reported quarter. ATI is expected to have benefited from strong aerospace and defense demand, favorable pricing and operational efficiencies.
ATI’s shares have gained 159.4% over the past year compared with the Zacks Aerospace - Defense Equipment industry’s 9.8% growth.
Image Source: Zacks Investment Research
Let’s see how things are shaping up for this announcement.
What do ATI’s Revenue Estimates Say?The Zacks Consensus Estimate for second-quarter consolidated revenues for ATI is currently pegged at $1,220 million, indicating a year-over-year rise of 6.98%.
Factors at Play for ATI StockATI is expected to have benefited from strong demand across aerospace, defense and specialty energy markets in the second quarter, supporting higher shipments of proprietary alloys, forgings and specialty materials while driving margin expansion. The ongoing ramp in commercial aircraft production, increasing adoption of next-generation jet engines and rising defense spending are likely to have remained key growth drivers. The company also continues to benefit from investments in nuclear power and gas turbine infrastructure to meet rising electricity demand from AI-driven data centers.
Its financial outlook remains supported by expanding margins, strong free cash flow generation and disciplined capital allocation. ATI expects adjusted free cash flow of $465-$525 million for full-year 2026, reflecting continued confidence in its earnings. Investments in its nickel melt system and new vacuum induction melting capacity are expected to strengthen its differentiated product portfolio while limiting execution risk.
Earnings growth is also expected to have been supported by favorable pricing, cost reductions, productivity improvements, operational efficiencies and ATI's strong competitive position in titanium and nickel-based superalloys. Continued debt reduction, disciplined share repurchases and targeted capital investments in high-margin aerospace applications further position the company to outperform expectations and sustain profitable growth.
What Our Model Unveils for ATI StockOur proven model predicts an earnings beat for ATI this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is just the case here.
Earnings ESP: Earnings ESP for ATI is +1.32%. The Zacks Consensus Estimate for the second quarter is currently pegged at $1.03. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: ATI currently carries a Zacks Rank #2.
Stocks That Warrant a LookHere are some companies you may want to consider, as our model shows these have the right combination of elements to post an earnings beat this quarter:
Avient Corporation (AVNT - Free Report) , scheduled to release earnings on Aug. 6, has an Earnings ESP of +0.87% and carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The consensus estimate for AVNT’s earnings for the second quarter is currently pegged at 89 cents.
Albemarle Corporation (ALB - Free Report) , scheduled to release earnings on Aug. 5, has an Earnings ESP of +2.21% and carries a Zacks Rank #3 at present.
The consensus mark for ALB’s second-quarter earnings is currently pegged at $3.35.
Materion Corporation (MTRN - Free Report) , slated to release earnings on Aug. 5, has an Earnings ESP of +5.39%.
The Zacks Consensus Estimate for MTRN's earnings for the second quarter is currently pegged at $1.55. MTRN currently carries a Zacks Rank #2.
Diamondback Energy zvýšila výhled produkce zhruba o 3 % až 4 % proti původnímu plánu na rok 2026 a nyní je asi o 4 % nad začátkem roku. Firma zároveň snížila čistý dluh o 1,6 miliardy USD.
3 Stocks to Own If Gas Prices Keep RisingDiamondback Energy NASDAQ: FANG said its second-quarter operational performance and view of global oil inventories support a potential path toward low-single-digit organic production growth in 2027, while management emphasized it intends to retain flexibility amid commodity-market volatility.
Chief Executive Officer Kaes Van’t Hof said the company increased its production outlook by roughly 3% to 4% versus its original 2026 plan after responding to oil-price signals in March. Production is now approximately 4% above its level at the start of the year, he said.
Get Diamondback Energy alerts:
Insider Selling: CRWV, DELL & FANG See +$100M in 2026 Sales Looking ahead, Van’t Hof said Diamondback is weighing whether to maintain production at elevated third-quarter levels or grow from that base. At present, the company’s model supports low-single-digit organic growth while maintaining capital efficiency and operating five frac crews consistently through the year.
“Our bet is that these global inventories, including SPRs, are going to need to be refilled,” Van’t Hof said, referring to strategic petroleum reserves. He said oil and product inventories have been drawing down and that, absent permanent demand destruction, the market will need additional supply to meet global demand and replenish inventories.
Operations and Well Productivity Diamondback Sees Resilient Demand Despite Cautious GuidanceManagement highlighted continued operational improvements across well construction, targeting and completions. Van’t Hof described the company’s progress as a “stacked innovation” effort, citing incremental advances that have improved drilling and completion performance over time.
Chief Engineer Al Barkmann said Diamondback has used larger tubulars that allow more aggressive flowback, while changes in stimulation design, stage architecture, perforating and well targeting have contributed to recent well outperformance. Management said its objective is to maximize the combination of wells per section, production per well and low well costs to generate the highest net present value per section and acre.
The company also discussed completion efficiency. Chief Operating Officer Danny Wesson said Diamondback averaged more than 21 hours of pumping per day during the first full quarter of continuous pumping. While the company sees potential to continue improving, Wesson said maintenance requirements and the cost of equipment redundancy create practical tradeoffs.
Diamondback is targeting average completion performance of 5,000 feet per day across its crews, after some pads surpassed that level, according to Wesson. The company is also using electric frac fleets, which management said have helped mitigate fuel-cost inflation.
On oilfield service costs, Wesson said Diamondback is seeing some inflation in consumables, particularly casing in the second half of 2026. He estimated the impact at slightly more than 1% of total well costs, adding that the company expects to offset much of that pressure through efficiency gains. Management said a quarterly capital run rate of roughly $1 billion to slightly more than $1 billion could be reasonable to hold production flat based on current conditions.
Gas, Power and Data Center Strategy Van’t Hof said improved gas pricing at Waha during July, following the start-up of new pipelines, provided near-term relief after weak second-quarter conditions. He said Diamondback views natural gas as an additive component of its oil-focused strategy and intends to secure more contracted transportation capacity to Gulf Coast markets, where gas demand could come from LNG exports, power generation and data centers.
The company said gas production has exceeded expectations. Wesson attributed much of that outperformance to improved local gas marketing, including maturing gathering and processing systems, additional redundancy and strategic split connections. Barkmann said a growing role for Barnett development could cause gas volumes to increase further over time.
Chief Financial Officer Jere Thompson provided an update on a proposed power project at Diamondback’s approximately 30,000-acre Bryant Ranch site near Midland, Texas. The project is being developed with an independent power producer and is intended to provide a bridge-to-grid power solution using behind-the-meter reciprocating units.
Management said the site has distributed generation, remediated land, and dedicated natural gas and water access. The initial phase could deliver first gas as soon as the second half of 2027, according to Thompson. Diamondback is also pursuing grid-connected power as early as 2028 through ERCOT’s Batch Zero process. The company was awaiting ERCOT’s determination on project eligibility following an August 20 meeting. Thompson said Diamondback has set aside 200 million to 250 million cubic feet per day of natural gas for the project. He described a potential in-basin feed-gas solution as the project’s largest value driver, with additional possible benefits from Diamondback’s 30% interest in water infrastructure company Deep Blue and potential land-related proceeds.
Management said it would provide a broader update after signing definitive documentation with a hyperscale customer. Van’t Hof stressed that Diamondback does not plan to become a power or data center operator, but intends to provide molecules, surface acreage, water and industry knowledge.
Capital Allocation and Balance Sheet Van’t Hof said Diamondback has moved away from a formulaic minimum free-cash-flow return commitment in favor of a more flexible capital-allocation approach. The company repurchased some shares in the second quarter and continued buying stock in the third quarter, he said, while also reducing net debt by $1.6 billion during the second quarter.
Van’t Hof estimated that the debt reduction represented $5.60 per share of value moving from the debt side of the capital structure to equity. He said Diamondback intends to use buybacks opportunistically rather than pursue procyclical repurchases.
The company also plans to build enough cash to address debt callable in 2026 and prepare for 2027 maturities, while potentially accumulating cash for maturities due between 2029 and 2032. Van’t Hof said cash accumulation is not intended to fund large cash acquisitions.
Barnett, EOR and Portfolio Development Diamondback said it continues to expand and consolidate its Barnett position, including through leasing activity with Double Eagle. The company’s first four-well Spanish Trail pad has been drilled and is expected to be completed in coming months. Management said it expects full-section results around year-end or early 2027.
Van’t Hof said Barnett drilling costs are approaching $400 per foot, with some wells already below that level. The company expects to achieve costs around $400 per foot or less consistently as it builds scale in the play.
The company is also testing surfactant-based enhanced oil recovery techniques. Barkmann said Diamondback completed a 12-well project during the quarter and was flowing back the wells, with initial results described as positive. Management said results have varied widely across earlier work, with some wells showing no uplift and others producing three to four times more than before treatment.
Van’t Hof said the average earlier result involved wells producing roughly 150 to 200 barrels per day gaining an additional 100 to 150 barrels per day, though the company is still determining which rock types and reservoir conditions respond best. Diamondback is also incorporating the approach into new-well pads, with control and surfactant-treated portions of certain sections.
Management said it sees artificial intelligence and automation as early-stage tools for improving artificial lift optimization, reducing downtime and lowering operating costs. The company’s lease operating expense fell below $6 per barrel during the quarter, primarily because of higher production volumes, though management said it expects costs to remain around that level or somewhat higher in the second half.
About Diamondback Energy (NASDAQ:FANG)Diamondback Energy, Inc NASDAQ: FANG is an independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin. Headquartered in Midland, Texas, the company concentrates its operations in the core Midland and Delaware sub‑basins of West Texas and southeastern New Mexico, where it pursues contiguous acreage positions to support repeatable drilling programs.
Diamondback's activities span the upstream value chain, including leasehold acquisition, well planning, drilling, completion and production optimization.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Diamondback Energy Right Now?Before you consider Diamondback Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Diamondback Energy wasn't on the list.
While Diamondback Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public.
ON Semi upřednostňuje dodávky pro AI datová centra před automobilovým průmyslem a průmyslem, protože omezené čipy přesměroval k zákazníkům z oblasti AI. Firma očekává, že tržby z AI datových center v roce 2026 více než zdvojnásobí.
The AI boom is beginning to reshape more than demand—it’s changing who gets chips first.
“We prioritized shipments to AI data center over automotive and industrial,” CEO Hassane El-Khoury said, adding that the company redirected some constrained products toward AI customers while production works to catch up.
He later reiterated that ON Semi “did prioritize AI data center,” describing the move as beneficial for the company’s long-term growth and saying supply should improve during the second half of the year.
AI Is Changing Chip PrioritiesThe comments underscore how AI infrastructure is climbing to the top of chipmakers’ priority lists. ON Semi expects its AI data center revenue to more than double in 2026, driven by demand for power management chips used in next-generation AI servers and power systems.
For investors, the takeaway extends beyond ON Semi. As AI infrastructure spending accelerates, data center customers are increasingly competing with traditional markets such as automotive for semiconductor supply—a shift that could reshape priorities across the industry if demand continues to outpace production.
Shutterstock
Market News and Data brought to you by Benzinga APIs
Old Dominion ve 2. čtvrtletí zvýšila zisk o 32,3 % na 1,68 USD na akcii a tržby o 10,4 % na 1,55 mld. USD, i když objemy přepravy klesly. Valuace ODFL zůstává vysoká.
Key Takeaways Old Dominion's Q2 earnings rose 32.3% as revenues climbed 10.4% despite weaker freight volumes. ODFL's pricing gains offset declines in LTL tons per day and daily shipments in the second quarter. ODFL held $283.9 million in cash against $20 million in current debt maturities, supporting flexibility. Old Dominion Freight Line (ODFL - Free Report) combines improving earnings, disciplined pricing and exceptional margins with a valuation that leaves limited room for disappointment. Investors must decide whether strengthening fundamentals justify paying a premium for the stock.
ODFL's Earnings Momentum StrengthensSecond-quarter earnings rose 32.3% to $1.68 per share and beat the consensus estimate by 10.5%. Revenues increased 10.4% to $1.55 billion as stronger yields offset weaker freight volumes.
Old Dominion Still Trades at a PremiumODFL trades at 33.77 times forward 12-month earnings, above the transportation sector and S&P 500 multiples. The valuation is also close to its five-year median of 33.81 times, suggesting investors already expect meaningful execution. ODFL's valuation is higher than fellow truck operators, ArcBest Corporation (ARCB - Free Report) and Covenant Logistics Group (CVLG - Free Report) .
ODFL's Pricing Power Offsets Volume WeaknessLTL revenue per hundredweight increased 15.2%, while the measure excluding fuel surcharges rose 5.5%. That pricing strength helped counter a 4.1% decline in LTL tons per day and a 5.7% drop in daily shipments.
Old Dominion's Balance Sheet Adds FlexibilityODFL ended the second quarter with $283.9 million in cash and only $20 million in current debt maturities. Its financial position supports capital investment, dividends and share repurchases despite continued freight-market uncertainty.
ODFL's Signals Favor Momentum Over ValueODFL currently sports a Zacks Rank #1 (Strong Buy), which supports a favorable near-term earnings-revision outlook, while the Momentum Style Score of A reinforces the positive setup. However, the Value Score of F, Growth Score of C and VGM Score of D highlight the trade-off between operating quality and a demanding valuation. You can see the complete list of today’s Zacks #1 Rank stocks here.
Cipher Mining uvedla, že ve 2. čtvrtletí 2026 urychlila přechod k datovým centrům pro HPC a dokončila 810milionové financování projektu Stingray. Výnosy klesly na 25 milionů USD a čistá ztráta se prohloubila na 268 milionů USD.
Is 2026 The Year to Load Up on Crypto Miners?Cipher Mining NASDAQ: CIFR said its second-quarter 2026 business update reflected continued progress in its transition toward developing and operating data centers for high-performance computing, or HPC, customers. The company highlighted an accelerated delivery at its Black Pearl campus, an $810 million project financing for its Stingray project, and an expanded Texas development pipeline.
Chief Executive Officer Tyler Page said the company’s operating, contracted and future development portfolio totals approximately 5.3 gigawatts across 11 sites. That includes about 4.4 gigawatts of expected future developments, while the remaining capacity consists of contracted HPC projects and legacy Bitcoin mining operations in Odessa, Texas.
Get Cipher Mining alerts:
3 Speculative Stocks to Sell Before the Bottom Drops Out“The leases we’ve signed are giving prospective tenants more confidence to come to the table,” Page said, adding that completed financings and construction milestones were reinforcing the company’s position with capital markets and prospective hyperscale customers.
Black Pearl Delivery and Project Construction Cipher said it delivered initial data center capacity at its Black Pearl site in August, two months ahead of the original schedule, following a lease amendment requested by its tenant. Rent has commenced at the facility, according to Page.
Why Now Could Be the Smartest Time to Buy Crypto StocksThe rest of Black Pearl remains on its previously agreed delivery schedule. Phase 1’s remaining data halls are progressing through mechanical, electrical and plumbing fit-out, while Phase 2 is advancing through foundation, structural steel and underground electrical work. Cipher said it had secured approximately 96% of equipment needed across both phases.
At Barber Lake, Phase 1, consisting of approximately 168 critical IT megawatts, remains on track for rental payments to begin in October. The tenant has begun beneficial use of the site, including partial occupancy and deployment of network racks. Cipher said it has secured all equipment required to complete that project.
Construction at Stingray is also progressing, with earthwork, grading, pad preparation and underground electrical work underway. The company expects concrete foundations and steel erection to begin during the third quarter and anticipates delivery in the first half of 2027. About 75% of equipment for Stingray has been secured, Page said.
Stingray Financing and Liquidity Chief Financial Officer Greg Mumford said Cipher completed an $810 million project-level senior secured notes offering in June to fund Stingray through substantial completion. The financing covered approximately 98% of project costs and reimbursed the company for $56.7 million in previously funded expenditures.
The notes carried a 6% coupon and were approximately eight times oversubscribed, according to Mumford. He said the transaction represented Cipher’s third project-level financing and its lowest coupon to date.
Cipher has now completed three project-level financings that fully fund its contracted projects through completion, Mumford said. The company’s notes are designed to amortize during the base terms of the underlying leases.
As of June 30, Cipher had aggregate corporate and project debt outstanding of just over $6 billion. It also had a four-year, $200 million revolving credit facility, including a $50 million accordion feature, with no cash borrowings outstanding on the facility.
Total unrestricted liquidity stood at $870 million at quarter-end, consisting of $832 million in unrestricted cash and cash equivalents and $38 million in Bitcoin. The company also reported about $3.7 billion in restricted project cash, including roughly $3.2 billion reserved for construction.
Mumford said the company did not expect to require additional equity based on its current forecasts and near-term commitments. During the question-and-answer session, however, he said future equity needs could depend on the pace of development spending and the size and timing of potential new lease agreements.
Second-Quarter Financial Results Revenue for the second quarter was $25 million, down from $35 million in the first quarter. Mumford attributed the decline to the decommissioning of Bitcoin mining at Black Pearl as the company transitions toward contracted data center revenue.
GAAP net loss was $268 million, or $0.65 per diluted share, compared with a $114 million loss, or $0.28 per diluted share, in the first quarter. The wider loss was primarily driven by a $150.5 million non-cash warrant remeasurement loss, compared with a $43.6 million non-cash gain in the prior quarter. Interest income was $36 million, reflecting higher average cash balances following Black Pearl and Stingray financings. Interest expense was $67 million, compared with $59 million in the first quarter, due in part to a full quarter of interest on Black Pearl Compute notes. Total assets rose to $7.5 billion at June 30 from $4.3 billion at the end of 2025. Property and equipment increased to $2.13 billion, while construction in progress grew to $1.68 billion as Barber Lake, Black Pearl and Stingray moved forward simultaneously.
Pipeline Expansion and Texas Interconnection Process Cipher added up to 1.1 gigawatts of potential future Texas capacity during the quarter, including an option on a new 900-megawatt site near San Antonio called Apollo and a planned 200-megawatt expansion at Stingray. Apollo has been submitted as a studied load in ERCOT’s Batch Zero interconnection process.
The company expects Reveille and Ulysses to add 270 gross megawatts in 2027, while Colchis, Mikeska and McLennan could add 2 gigawatts in 2028 and 2029. Page said Colchis, Mikeska and McLennan have land secured, deposits funded and required studies and executed facilities agreements submitted to ERCOT.
During the call, Page said a letter from Texas Gov. Greg Abbott could delay anticipated decisions in the ERCOT batch process. He said Cipher had completed water surveys and stood behind its submitted attestations, adding that the company believes its sites will remain well positioned as the process develops.
Page also said the company sees increasing value in capacity outside the batch process, citing 477 megawatts potentially available in 2027 at Odessa, Reveille and Ulysses. Cipher is in discussions with prospective tenants for those sites, though Page said the company is focused on securing favorable terms and counterparties rather than completing the first available deal.
At Odessa, Cipher operated 207 megawatts of Bitcoin mining capacity during the quarter, generating approximately 11.6 exahash per second at an average fleet efficiency of roughly 17.2 joules per terahash. The site mined approximately 346 Bitcoin in the quarter. Cipher said it does not anticipate additional capital investment in Bitcoin mining and is holding early-stage discussions with multiple parties about converting Odessa into an HPC site.
About Cipher Mining (NASDAQ:CIFR)Cipher Mining Inc is a Nasdaq-listed bitcoin mining company that develops, owns and operates large-scale mining facilities across the United States. The company focuses on deploying advanced ASIC hardware and securing long-term low-cost power contracts to optimize bitcoin production. By strategically locating its sites in regions with abundant energy supply, Cipher Mining seeks to maintain a competitive cost structure and deliver efficient hashrate capacity growth.
Founded in 2021 and headquartered in Austin, Texas, Cipher Mining has pursued an integrated approach encompassing site development, equipment procurement and operations management.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Cipher Mining Right Now?Before you consider Cipher Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cipher Mining wasn't on the list.
While Cipher Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Middleby čeká za čtvrtletí nižší zisk i tržby: EPS má být 2,28 USD a tržby 836,82 milionu USD. Konsensus počítá s poklesem zisku o 3 % a tržeb o 14,4 % meziročně.
Middleby (MIDD - Free Report) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 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 August 11, 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 food preparation equipment company is expected to post quarterly earnings of $2.28 per share in its upcoming report, which represents a year-over-year change of -3%.
Revenues are expected to be $836.82 million, down 14.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.23% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. 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 Middleby?For Middleby, 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 -3.37%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Middleby will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Middleby would post earnings of $1.94 per share when it actually produced earnings of $2.16, delivering a surprise of +11.34%.
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.
Middleby doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Manufacturing - General Industrial industry, Helios Technologies (HLIO - Free Report) , is soon expected to post earnings of $0.8 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +35.6%. This quarter's revenue is expected to be $230.36 million, up 8.4% from the year-ago quarter.
The consensus EPS estimate for Helios Technologies has been revised 4.1% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -0.84%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Helios Technologies will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Pinnacle West (PNW - Free Report) came out with quarterly earnings of $1.43 per share, missing the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -4.03%. A quarter ago, it was expected that this power company would post a loss of $0.03 per share when it actually produced earnings of $0.27, delivering a surprise of +1000%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Pinnacle West, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $1.46 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.94%. This compares to year-ago revenues of $1.36 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Pinnacle West shares have added about 13.7% since the beginning of the year versus the S&P 500's gain of 11%.
What's Next for Pinnacle West?While Pinnacle West has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Pinnacle West was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.11 on $1.88 billion in revenues for the coming quarter and $4.74 on $5.56 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the bottom 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Evergy Inc (EVRG - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This electric utility is expected to post quarterly earnings of $0.82 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Evergy Inc's revenues are expected to be $1.47 billion, up 2.6% from the year-ago quarter.
IPG Photonics (IPGP - Free Report) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.3 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +45.00%. A quarter ago, it was expected that this high-powered laser maker would post earnings of $0.32 per share when it actually produced earnings of $0.29, delivering a surprise of -9.38%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
IPG, which belongs to the Zacks Lasers Systems and Components industry, posted revenues of $278.58 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 0.21%. This compares to year-ago revenues of $250.72 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
IPG shares have added about 21.8% since the beginning of the year versus the S&P 500's gain of 11%.
What's Next for IPG?While IPG has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for IPG was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.47 on $277.13 million in revenues for the coming quarter and $1.66 on $1.11 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Lasers Systems and Components is currently in the top 42% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the broader Zacks Computer and Technology sector, Inseego (INSG - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 5.
This holding company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year-over-year change of -250%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Inseego's revenues are expected to be $40.1 million, down 0.3% from the year-ago quarter.
ONTO čeká ve 2. čtvrtletí výnosy 320–330 mil. USD a upravený non-GAAP EPS 1,65–1,73 USD díky silné poptávce po AI a pokročilém balení. Firma zároveň zlepšuje marže.
Key Takeaways ONTO expects Q2 revenue of $320M-$330M and non-GAAP EPS of $1.65-$1.73 on AI-driven demand.Onto Innovation expects higher gross and operating margins despite higher costs and R&D investments.ONTO expanded its X-ray portfolio with a Rigaku stake and launched Dragonfly G5 shipments for packaging. Onto Innovation (ONTO - Free Report) is set to report earnings for the second quarter of 2026 on Thursday, after the closing bell.
The Zacks Consensus Estimate for second-quarter earnings per share (EPS) is pinned at $1.68, suggesting a jump of 34.4% from the year-ago quarter’s figure. The company expects non-GAAP EPS between $1.65 and $1.73.
The consensus mark for revenues is pegged at $325.6 million, indicating a 28.4% rise from the year-earlier quarter’s actuals.
ONTO’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, while missing in the other two, with the average surprise being 1.4%.
Image Source: Zacks Investment Research
ONTO’s Earnings WhispersOur proven model does not predict an earnings beat for Onto Innovation 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: ONTO has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: ONTO currently boasts a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Key Trends Shaping ONTO’s Q2 ResultsAI-driven demand continues to strengthen, boosting both front-end and advanced packaging. This helped first-quarter revenue exceed guidance and is expected to drive roughly 20% year-over-year revenue growth in the second quarter. Onto Innovation expects second-quarter revenues of $320–$330 million, implying about 10% upside to prior estimates at the midpoint and 28% year-over-year growth. Second-half momentum is likely driven by customer expansions, new product adoption and a growing backlog, supporting more than 15% sequential revenue growth.
Beyond robust revenue, Onto Innovation expects continued improvement in gross and operating margins in the second quarter, despite headwinds from higher material and fuel costs, along with increased R&D and service investments. The company expects gross margin between 56% and 56.5%, and non-GAAP operating margin between 28% and 28.6%. While monitoring macro and company-specific cost pressures, Onto Innovation remains confident it can expand gross margins by at least 50 basis points in the third and fourth quarters each and exit the year with an operating margin above 30%.
Image Source: Zacks Investment Research
In April, Onto Innovation deepened its partnership with Rigaku by acquiring a 27% stake for approximately $710 million. The deal is expected to close in the second half of 2026 and will be primarily funded with cash on hand. This deal expands Onto's advanced X-ray technology portfolio, strengthening its semiconductor inspection and metrology capabilities. Along with the Semilab USA acquisition, it broadens Onto Innovation's process control ecosystem. While Rigaku's financials won't be consolidated, the deal is expected to boost earnings through high-margin AI Diffract software, higher metrology tool sales and annual dividend income, with benefits offsetting lost interest income within a year of closing.
Onto Innovation's fastest-growing opportunities lie in advanced packaging and High-Bandwidth Memory (HBM). HBM manufacturing requires precise wafer inspection, defect detection, metrology and packaging inspection. Each of these represents a potential revenue source for the company. In April, ONTO successfully qualified its new Dragonfly G5 platform for both new and existing 2.5D advanced packaging applications, with shipments starting in June. The system features proprietary optics, enhanced illumination and advanced algorithms, improving visibility and throughput while reducing overall ownership costs.
Onto Innovation sees strong growth potential for Dragonfly G5, supported by more than 15 applications across more than 10 customers. Rising AI demand and packaging capacity limits are also speeding up the adoption of panel-level packaging, while JetStep has been qualified at two AI packaging suppliers with production ramp-ups expected in 2027, supporting advanced packaging revenue growth in the second quarter. Furthermore, its advanced nodes business continues to strengthen across logic and memory, driven by Atlas G6 adoption, growing DRAM demand and a new TSV metrology win. With improving NAND trends, ONTO expects advanced nodes revenue to grow about 25% in 2026, outpacing overall wafer fab equipment market growth.
Onto Innovation has historically generated healthy free cash flow, allowing it to invest in innovation while maintaining financial flexibility. For the second quarter, we expect operating cash and free cash flow to be $97.4 million and $90.3 million, respectively.
Despite favorable industry trends, Onto Innovation faces risks from the cyclical nature of semiconductor demand, potential delays in customer capital spending, export restrictions affecting China, intensifying competition in process control, a slower-than-expected recovery in automotive and industrial chips, and ongoing supply chain disruptions. China remains an important semiconductor market but also introduces uncertainty because of ongoing export restrictions affecting advanced semiconductor technologies. Any signs that export regulations are materially affecting sales could pressure revenues.
ONTO Stock vs. IndustryONTO’s shares have soared 183.3% in the past year, outperforming the Zacks Nanotechnology industry’s growth of 181%. The company has also outpaced the Zacks Computer and Technology sector and the S&P 500 composite’s growth of 30.2% and 23.8%, respectively.
Image Source: Zacks Investment Research
ONTO’s key competitors include KLA Corporation (KLAC - Free Report) , Camtek Ltd (CAMT - Free Report) and Applied Materials (AMAT - Free Report) . KLAC, CAMT and AMAT have grown 106.8%, 58.2% and 189.2%, respectively, in the same time frame.
ONTO’s ValuationIn terms of forward price/earnings, ONTO’s shares are trading at 30.41X, higher than the industry’s 5.91X.
Image Source: Zacks Investment Research
KLAC, CAMT and AMAT are trading at multiples of 33.06X, 38.02X and 33.99X, respectively.
Investment Outlook: Buy ONTO Before Q2 Earnings?Onto Innovation heads into second-quarter earnings with several favorable tailwinds. The company's exposure to AI infrastructure, advanced packaging, chiplet architectures and HBM manufacturing places it in some of the semiconductor industry's fastest-growing segments. While cyclical uncertainties and geopolitical risks persist, the company's differentiated technology portfolio, solid profitability and exposure to long-term secular growth drivers make the stock a smart buy for investors now. If ONTO delivers healthy results alongside constructive guidance, it could further strengthen the investment case for the company as a key enabler of the next generation of semiconductor innovation.
DigitalOcean Holdings, Inc. (DOCN) Q2 2026 Earnings Call August 4, 2026 8:00 AM EDT
Company Participants
Radu Patrichi
Padmanabhan Srinivasan - CEO & Director
Matt Steinfort - Chief Financial Officer
Conference Call Participants
Gabriela Borges - Goldman Sachs Group, Inc., Research Division
Jason Ader - William Blair & Company L.L.C., Research Division
Mark Zhang - Citigroup Inc., Research Division
Wamsi Mohan - BofA Securities, Research Division
Sanjit Singh - Morgan Stanley, Research Division
Thomas Blakey - Cantor Fitzgerald & Co., Research Division
Jackson Ader - KeyBanc Capital Markets Inc., Research Division
Radi Sultan - UBS Investment Bank, Research Division
Presentation
Operator
Hello, everyone. Thank you for joining us, and welcome to the DigitalOcean Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I will now hand the conference over to Radu Patrichi, Head of Investor Relations. Radu, please go ahead.
Radu Patrichi
Thank you, and good morning. Thank you all for joining us today to review DigitalOcean's Second Quarter 2026 Results. Joining me on the call today are Paddy Srinivasan, our Chief Executive Officer; and Matt Steinfort, our Chief Financial Officer.
For those of you following along, an accompanying slide presentation is available on the webcast. Before we begin, let me remind you that certain statements made on today's call may be considered forward-looking, which reflect management's best judgment based on currently available information. Our actual results may differ materially from those projected in these forward-looking statements, including our financial outlook. I direct your attention to the risk factors contained in our SEC filings as well as those referenced in today's press release that is posted on our website.
DigitalOcean expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements made today. Additionally, non-GAAP financial measures will be discussed on this conference call. Reconciliations to the most comparable GAAP financial measures can be
Blue Owl uzavřela svůj první evropský net lease fond s kapitálovými závazky přesahujícími 1,6 miliardy EUR. Fond překonal původní cíl 1,0 miliardy EUR i hard cap 1,5 miliardy EUR.
, /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today the final close of its inaugural European net lease fund, Blue Owl Real Estate European Net Lease Fund ("OREF Europe") with €1.6 billion of total capital commitments. OREF Europe exceeded the original target of €1.0 billion and its previous hard cap of €1.5 billion.
OREF Europe is focused on acquiring and owning single-tenant net leased real estate and infrastructure assets, mission-critical to the operations of blue-chip, investment-grade tenants. The fund launches into a European net lease market that Blue Owl believes remains structurally underserved, leaving significant room to deploy capital, particularly for single-tenant, mission-critical industrial, data center, and essential retail assets.
Marc Zahr, Co-President and Global Head of Real Assets at Blue Owl said, "We believe Europe represents the next frontier for institutional sale-leasebacks. Having successfully executed this strategy targeting investment grade corporations across the U.S., we are applying the same disciplined approach to a European market which represents an estimated €13.4 trillion opportunity, where we believe many of these companies can unlock substantial value by monetizing owned real estate and reinvesting that capital into more accretive uses across their business."
OREF Europe extends Blue Owl's market-leading net lease franchise to Europe. The strategy seeks to apply the same disciplined playbook in Europe to deliver predictable, long-term income for investors and operational efficiency for tenants. The strategy has already assembled a deep, near-term pipeline diversified across geography and sector, spanning the United Kingdom and continental Europe across industrial and logistics, essential retail, healthcare, life sciences, cold storage, and corporate headquarters.
Commitments to OREF Europe were secured from a broad mix of existing and leading institutional investors, including public and private pensions, insurance companies, sovereign wealth funds, asset managers, endowments and foundations, and family offices in the United States and across Europe, APAC, and the Middle East.
Blue Owl is one of the world's leading alternative asset managers, with $319 billion in assets under management across Credit, Real Assets, and GP Strategic Capital. Blue Owl's net lease strategy is part of Blue Owl's Real Assets platform and focuses on investing in free-standing single-tenant net-leased real estate and infrastructure assets. As of June 30, 2026, the Real Assets platform has raised $8.48 billion of capital this year, investing across North America and Europe.
In the 2025 Private Equity Real Estate (PERE) Awards, Blue Owl was named PERE's Global Net Lease Investor of the Year, Global Data Center Investor of the Year, and Global Retail Investor of the Year and has been ranked #2 on the 2026 PERE 100 for real estate fundraisers globally. The Real Assets platform, launched in 2021, has raised more money over the past five years than nearly every other real estate manager globally.
Investor Contact
Ann Dai
Head of Investor Relations
[email protected]
Media Contact
[email protected]
Forward Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.
These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.
Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl's shares on the New York Stock Exchange; Blue Owl's ability to manage growth; Blue Owl's ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.
Accolades & Awards Disclosure
Accolades are independently determined and awarded by their respective publications. Accolades can be based on a variety of criteria including recognition by peers, strategy innovation, growth of assets under management, length of service, client satisfaction, type of clientele and more. Neither Blue Owl nor its employees pay a fee in exchange for these ratings. Specific award selection methodology is available upon request.
Golub Capital BDC oznámila za fiskální 3. čtvrtletí zisk na akcii 0,22 USD po ztrátě 0,18 USD v předchozím čtvrtletí. Ztráta se zúžila na 0,12 USD na akcii z 0,52 USD.
Golub Capital BDC NASDAQ: GBDC reported improved fiscal third-quarter results for the period ended June 30, 2026, as lower realized and unrealized losses offset continued credit stress across the direct-lending market.
Adjusted net income was $0.22 per share, compared with an adjusted loss of $0.18 per share in the preceding quarter. Adjusted net investment income remained unchanged sequentially at $0.34 per share, while adjusted net realized and unrealized losses narrowed to $0.12 per share from $0.52 per share in the prior quarter.
Chief Executive Officer David Golub described the performance as “much better than last quarter, not as good as we’d like, and better than it looks.” He said the quarter’s losses were primarily related to a small number of junior debt and equity investments rather than the company’s core debt portfolio.
Get Golub Capital BDC alerts:
Income, NAV and Distribution Adjusted net investment income of $0.34 per share translated to an annualized adjusted NII return on equity of 9.5%, according to the company. The company paid a $0.33-per-share distribution during the quarter, and its board declared another $0.33-per-share distribution for the fourth fiscal quarter of 2026.
Net asset value per share declined to $14.25 at June 30 from $14.35 at March 31. The company said net investment income fully covered the quarterly distribution, while share repurchases contributed $0.01 per share of NAV accretion. Net realized and unrealized losses reduced NAV by $0.12 per share.
Investment income yield increased about 20 basis points sequentially to 9.9% on an annualized basis. Chief Operating Officer Tim Topicz said the increase reflected stable portfolio spreads and reference rates, as well as some accelerated fee recognition and discount accretion associated with loan payoffs.
GBDC’s annualized borrowing cost rose about 10 basis points to 5.3%, producing an annualized net investment spread of 4.6%. Topicz said the company’s borrowing cost remained among the lowest in the listed BDC peer group.
Credit Performance and Portfolio Activity The company said approximately 87% of its portfolio at fair value remained in its two highest internal performance-rating categories. Non-accrual investments rose slightly to 1.9% of investments at fair value, with the number of non-accrual positions increasing to 20 from 19 in the prior quarter.
Topicz said approximately $0.08 per share of unrealized losses came from markdowns on junior debt and equity positions in two portfolio companies that were taken to non-accrual status or remained on non-accrual during the quarter. The company also recorded approximately $0.04 per share of net realized losses, principally related to the restructurings of RWAM Holdco and Dolphis Meig. Those realized losses were more than offset by reversals of unrealized losses in the same investments, according to management.
GBDC also recognized $4 million of net realized gains from the exit of equity investments in two portfolio companies.
At June 30, the company’s portfolio totaled $8.2 billion across 424 borrowers and 51 industry subsectors. Its top 10 investments accounted for 13% of the portfolio, while software remained its largest industry exposure at 26%.
During the quarter, GBDC made $13 million in new investment commitments, reflecting slow repayments and management’s preference for accretive share repurchases. Of those commitments, 94% were senior secured debt investments. New investments carried a weighted average rate of 8.9%, including a 5.2% weighted average spread.
Across Golub Capital, the investment team originated nearly $3 billion of commitments during the second calendar quarter. The firm closed on 1.5% of reviewed deals, with a weighted average loan-to-value ratio of roughly 45%, according to Senior Managing Director Rob Tuchscherer.
Software Review and AI Exposure Management said it completed a credit-by-credit re-underwriting of its software portfolio to assess potential disruption from artificial intelligence. The review considered factors including revenue models, product criticality, data moats, regulatory complexity and customer switching costs.
GBDC also retained a third-party consulting firm, at the manager’s expense, to assess product-displacement and end-user-workflow risks. The company’s internal assessment found that less than 10% of its software portfolio faced elevated AI disruption risk, while the consultant concluded that fewer than 3% faced elevated risk.
Golub said AI was not the sole factor behind challenged software credits, citing potential issues such as acquisition integrations. However, he said AI would continue to be a meaningful factor in separating stronger and weaker software companies.
Balance Sheet, Repurchases and Market Outlook GBDC ended the quarter with $4.6 billion of debt, $3.7 billion of net assets and net debt-to-equity leverage of 1.23 times, down slightly from the previous quarter. The company reported approximately $2 billion of liquidity, including unrestricted cash and undrawn revolver capacity.
In May, the company issued $500 million of five-year unsecured notes that were swapped to a rate of SOFR plus 218 basis points. After quarter-end, GBDC extended the maturity of its syndicated corporate revolver to July 2031. The facility retained about $2 billion of commitments and includes an accordion provision that could increase capacity to $3 billion.
During the quarter, GBDC repurchased 1.1 million shares at a weighted average price of $12.90 per share, which management said represented an approximately 10% discount to March 31 NAV. The Golub Capital Employee Grant Program Trust also bought about $31 million, or 2.4 million shares, for incentive compensation purposes. Golub Capital affiliates now hold roughly 8% of shares outstanding.
Looking ahead, Golub said the direct-lending market has become more lender-friendly since the start of the year, though private equity-backed M&A activity remained below normal levels. He said spreads on new deals were generally 25 to 50 basis points higher, with some improvement in terms and leverage levels.
Golub also said he expects elevated credit stress to remain an industrywide headwind and lead to greater dispersion among private-credit managers. He said the company expects increased loan repayments to give it more flexibility to pursue new investments while continuing share repurchases and maintaining leverage objectives.
About Golub Capital BDC (NASDAQ:GBDC)Golub Capital BDC NASDAQ: GBDC is a publicly traded business development company specializing in providing debt and equity financing solutions to middle-market companies in the United States. Externally managed by Golub Capital LLC, the firm focuses on building a diversified portfolio of senior secured loans, unitranche facilities and second-lien debt instruments designed to support growth, acquisitions and recapitalizations. As a closed-end investment vehicle, GBDC offers investors direct exposure to private credit strategies within a regulated structure.
The company's core business activities center on originating and managing bespoke financing arrangements for U.S.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Golub Capital BDC Right Now?Before you consider Golub Capital BDC, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Golub Capital BDC wasn't on the list.
While Golub Capital BDC currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Broadridge Financial Solutions, Inc. (BR) Q4 2026 Earnings Call August 4, 2026 8:30 AM EDT
Company Participants
W. Thibault - Head of Investor Relations & Corporate Communications
Timothy Gokey - CEO, Executive Officer & Executive Director
Ashima Ghei - Corporate VP, Executive Officer & Chief Finance Officer
Conference Call Participants
Daniel Perlin - RBC Capital Markets, Research Division
Patrick O'Shaughnessy - Raymond James & Associates, Inc., Research Division
Michael Infante - Morgan Stanley, Research Division
Kyle Peterson - Needham & Company, LLC, Research Division
Peter Heckmann - D.A. Davidson & Co., Research Division
Scott Wurtzel - Wolfe Research, LLC
Puneet Jain - JPMorgan Chase & Co, Research Division
Presentation
Operator
Good morning, everyone, and welcome to the Broadridge Fiscal Fourth Quarter and Full Year 2026 Earnings Conference Call. [Operator Instructions] Please also note, today's event is being recorded.
At this time, I'd like to turn the floor over to Edings Thibault, Head of Investor Relations. Please go ahead.
W. Thibault
Head of Investor Relations & Corporate Communications
Thank you, Jamie. Good morning, everybody, and welcome to Broadridge's Fourth Quarter and Fiscal Year 2026 Earnings Call. Our earnings release and the slides that accompany this call may be found on the Investor Relations section of broadridge.com. Joining me on the call this morning are Tim Gokey, our CEO; and our CFO, Ashima Ghei.
Before I turn the call over to Tim, a few standard reminders. One, we will be making forward-looking statements on today's call regarding Broadridge that involve risks. A summary of these risks can be found on the second page of the slides and a more complete description on our annual report on Form 10-K, which will be filed later today.
Two, we'll also be referring to several non-GAAP measures, which we believe provide investors with a more complete understanding of Broadridge's underlying operating results. An explanation of
Arrow Electronics má 6. srpna oznámit výsledky za 2. čtvrtletí, přičemž tržby mají meziročně vzrůst o 24,67 % na 9,45 miliardy USD. Firma zároveň čeká slabší tržby v segmentu Global ECS.
Key Takeaways ARW is set to report Q2 2026 earnings on Aug. 6, with revenues expected to rise 24.67% year over year.Arrow Electronics expanded supplier ties, AI initiatives and Motorola Solutions distribution during Q2.ARW faces softer ECS sales guidance despite recovering components demand and ongoing share repurchases. Arrow Electronics (ARW - Free Report) is scheduled to report second-quarter 2026 earnings on Aug. 6.
For the second quarter of 2026, sales are estimated between $9.15 billion and $9.75 billion. The Zacks Consensus Estimate for ARW’s second-quarter 2026 revenues is pegged at $9.45 billion, indicating a 24.67% increase from the year-ago quarter’s reported figure.
ARW anticipates GAAP earnings of $3.91-$4.11 per share and non-GAAP earnings of $4.32-$4.52 per share.
The consensus mark for earnings is pegged at $4.45 per share, unchanged over the past 30 days. The figure indicates an 83.13% increase from the year-ago quarter’s reported figure.
ARW’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 33.71%.
Factors Likely to Shape ARW’s Q2 ResultsArrow Electronics enters its second-quarter 2026 results against a backdrop of guidance that already points to a moderating pace of growth after an outsized first quarter.
Within Global Components, supplier and distribution relationships expanded through the second-quarter as Arrow Electronics continued broadening its line card across power, electrification, and industrial categories, activity consistent with management's commentary on capturing recovering unit demand across geographies and end markets.
Within Global ECS, Arrow Electronics signed an EMEA-wide distribution agreement with Motorola Solutions in early May, adding Avigilon's video security and access control technologies to its cybersecurity and cloud portfolio. The segment also continued expanding AI enablement initiatives for channel partners through the ArrowSphere platform and new AI-focused hubs introduced during the quarter, aimed at helping partners build and monetize AI-driven solutions, an area management has flagged as central to ECS' software-weighted, less cyclical revenue mix.
On the catalyst side, the broad-based cyclical recovery in components that spanned the Americas, EMEA and Asia-Pacific in the first quarter, alongside improving book-to-bill ratios and a building backlog, appears to have carried into the second quarter, with components guided to sales of $6.8 billion to $7.2 billion. Demand rebuilding from customers replenishing depleted buffer inventories, rather than speculative ordering, together with continued expansion of higher-margin value-added services such as supply chain and engineering support, are among the factors likely to have supported profitability during the period.
Headwinds appear equally relevant. Global ECS sales were guided down sequentially to $2.35 billion to $2.55 billion, reflecting the absence of the extra shipping days and the hyperscaler-driven data center build that lifted first-quarter ECS billings, along with the lingering effect of a charge tied to an underperforming multiyear purchase obligation that pressured segment margins. Continued share repurchases under the newly authorized $1 billion buyback program, effective mid-May, and ongoing costs tied to restructuring and the search for a permanent chief executive also remain relevant considerations for the quarter's results.
Given these mixed signals against a still-building components recovery, investors may find it prudent to hold existing positions or await a clearer post-earnings entry point before adding fresh exposure to the stock.
What Our Model Says About ARW StockOur proven model does not predict an earnings beat for Arrow Electronics 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.
ARW currently has an Earnings ESP of 0.00% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks to ConsiderHere 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:
Sandisk Corporation (SNDK - Free Report) is scheduled to report fourth-quarter fiscal 2026 results on Aug. 5. Currently, Sandisk has an Earnings ESP of +4.13% and sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Sandisk’s fiscal fourth-quarter earnings is pegged at $34.24 per share, indicating a year-over-year surge of 11,707%. Earnings estimates for the quarter have been revised upward by 5.7% over the past 60 days.
Western Digital Corporation (WDC - Free Report) is scheduled to report fourth-quarter fiscal 2026 results on Aug. 5. Currently, Western Digital has an Earnings ESP of +3.22% and flaunts a Zacks Rank #1.
The Zacks Consensus Estimate for Western Digital’s fiscal fourth-quarter earnings is pegged at $3.35 per share, calling for a year-over-year increase of 101.8%. Earnings estimates for the quarter have been revised upward by 3 cents in the past 30 days.
MKS Inc. (MKSI - Free Report) is scheduled to report second-quarter 2026 results on Aug. 5. Currently, MKS has an Earnings ESP of +2.64% and carries a Zacks Rank #2.
The Zacks Consensus Estimate for MKS’ second-quarter earnings is pegged at $2.93 per share, calling for a year-over-year jump of 65.5%. Earnings estimates for the quarter have been revised northward by a penny in the past 30 days.
Stříbro (XAG/USD) roste o 2 % na 59,50 USD za trojskou unci, protože zprávy o možném znovuotevření Hormuzského průlivu tlumí poptávku po bezpečných aktivech.
Silver (XAG/USD) trades with a mildly positive tone near $59.50 per troy ounce on Tuesday, up 2% for the day, but falling from recent highs and leaving the metal locked in a tight range. Fading geopolitical tension weighs on safe-haven demand, while a softer United States (US) labor market reading limits the downside by keeping the Federal Reserve (Fed) outlook uncertain.
Al Arabiya reported that an announcement regarding the reopening of the Strait of Hormuz is expected soon. Al Hadath suggested arrangements for a full reopening could be confirmed within hours. None of the reports have been officially verified, but they have already triggered a sharp unwind of the risk premium built into commodity markets during the conflict.
For Silver, the impact cuts both ways. The metal has benefited from defensive flows during the escalation, and a confirmed reopening of the waterway would remove that support. At the same time, cheaper energy and improved global trade conditions favor industrial activity. With roughly half of Silver demand tied to industrial applications, a durable easing of supply disruptions supports the medium-term consumption outlook.
On the macroeconomic front, the JOLTS report showed vacancies falling to 7.359 million in June from the revised 7.537 million and below the 7.4 million forecast. The reading points to continued cooling in labor demand and tempers the message delivered by Monday's strong ISM Manufacturing Purchasing Managers Index (PMI), which climbed to 55.6. Softer labor demand trims the odds of further Fed tightening, easing the opportunity cost of holding non-yielding assets.
The ADP Employment Change is expected to slow to 70K in July from 98K, ahead of Friday's Nonfarm Payrolls report. A run of soft prints would revive expectations that the Fed has reached the end of its tightening cycle, weakening the US Dollar and clearing the path for precious metals.
Short-term technical analysis:On the 4-hour chart, XAG/USD trades at $59.40. The metal holds above both the 20-period Simple Moving Average (SMA) at $58.37 and the 100-period SMA at $57.93, keeping a constructive bullish tone while it consolidates just under nearby resistance. The Relative Strength Index (RSI) at 61 sits in positive territory, suggesting firm upside momentum but still shy of overbought conditions.
On the topside, initial resistance is located at $59.49, ahead of the more notable horizontal barrier at $60.00. On the downside, immediate support emerges at $59.14, followed by $58.99, with the clustered moving average floor around the 20-period SMA at $58.37 and the 100-period SMA at $57.93 expected to underpin the broader bullish bias on deeper pullbacks.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Morgan Stanley říká, že AI datová centra budou do roku 2028 potřebovat dalších 68 GW elektřiny a vznikne deficit 1 až 11 GW. Největším vítězem má být GE Vernova díky dominanci na trhu velkých plynových turbín.
The artificial intelligence investment boom has created an unexpected reality: building the world’s fastest chips is no longer the hardest part of expanding AI infrastructure. Finding enough electricity to power those chips has become the new challenge.
Utilities are racing to expand generation, electricity prices are climbing in many regions, and communities are pushing back against the rapid construction of power-hungry data centers. New York even became the first state to impose a one-year moratorium on new data center construction.
As investors look for the next phase of the AI buildout, the companies supplying electricity — not semiconductors — may offer a bigger opportunity.
AI’s Biggest Constraint Isn’t Chips — It’s Power Morgan Stanley believes U.S. data centers will require another 68 gigawatts (GW) of electricity between 2026 and 2028. Yet the investment bank estimates projects already under construction account for only 15 GW, while another 15 GW is covered through available or contracted grid capacity. That leaves a 38 GW gap before any alternative solutions are considered.
To put that into perspective, GPUs sitting in idle data centers generate no revenue. AI infrastructure only produces returns when electricity is available to run it. Power has become the scarce resource.
Morgan Stanley modeled several ways the industry could narrow that gap:
Solution Estimated Capacity Natural gas turbines 15 GW to 20 GW Fuel cells 5 GW to 8 GW Co-located nuclear plants 3 GW to 5 GW Repurposed Bitcoin mining sites 10 GW to 19 GW Even after assigning probabilities to each solution, Morgan Stanley’s base case still leaves a 1 GW to 11 GW supply deficit through 2028.
That matters because even a narrow shortfall means some planned AI deployments will likely face delays, higher construction costs, or cancellation. It also points to tighter regional electricity markets, higher wholesale power prices, greater demand for behind-the-meter generation, and a faster shift toward facilities that already have grid access.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Why GE Vernova Has The Strongest Position Every company helping solve this bottleneck stands to benefit, but not every solution carries the same weight.
Morgan Stanley’s analysis identifies natural gas turbines as the largest contributor toward closing the power gap. That makes GE Vernova (NYSE:GEV | GEV Price Prediction) the clearest beneficiary because it dominates the market for large-frame gas turbines and already has a multiyear order backlog driven in part by data center demand.
Other companies also fit the theme.
Company Why It Benefits Bloom Energy (NYSE:BE) Fuel cells can be deployed faster than waiting years for grid interconnections. Constellation Energy (NYSE:CEG), Vistra (NYSE:VST), Talen Energy (NYSE:TALO) Existing nuclear fleets make co-location with hyperscale data centers possible. Core Scientific (NASDAQ:CORZ), IREN (NASDAQ:IREN), Cipher Mining (NASDAQ:CIFR) Existing grid connections at Bitcoin mining facilities can be converted to AI computing campuses. Ironically, some of the biggest AI infrastructure winners may not be AI companies at all. Owners of existing power assets suddenly possess something every hyperscaler desperately needs: electricity that can be delivered today instead of years from now.
Key Takeaway In short, Morgan Stanley’s research suggests the AI industry’s biggest obstacle has shifted from semiconductor supply to electricity supply. Even if every practical solution is deployed, the U.S. could still face a 1 GW to 11 GW power shortage through 2028, enough to delay portions of planned AI capacity and increase the value of companies that already control power generation or fast-to-market energy solutions.
Granted, Bloom Energy, Constellation, Vistra, Talen, Core Scientific, IREN, and Cipher Mining all have ways to capitalize on this trend. But the numbers point most directly toward GE Vernova. Natural gas turbines represent the largest lever for closing the projected capacity gap, and GE Vernova already leads that market with years of demand sitting in its backlog.
As the AI buildout moves from buying chips to finding electricity, GE Vernova looks positioned to capture one of the most durable opportunities of the next phase of the AI revolution.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Aptiv vykázal za čtvrtletí tržby 3,27 mld. USD, tedy meziročně o 37,1 % méně, a zisk na akcii (EPS) 1,63 USD. Tržby byly pod odhadem, zatímco zisk na akcii (EPS) jej překonal.
Aptiv PLC (APTV - Free Report) reported $3.27 billion in revenue for the quarter ended June 2026, representing a year-over-year decline of 37.1%. EPS of $1.63 for the same period compares to $2.12 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $3.32 billion, representing a surprise of -1.37%. The company delivered an EPS surprise of +14.79%, with the consensus EPS estimate being $1.42.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how APTIV PLC performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Intelligent Systems: $1.5 billion versus $1.58 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.4% change.Adjusted EBITDA - Intelligent Systems: $210 million versus the two-analyst average estimate of $239.84 million.Adjusted EBITDA - Engineered Components: $403 million versus the two-analyst average estimate of $346.36 million.View all Key Company Metrics for APTIV PLC here>>>
Shares of APTIV PLC have returned -4.2% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Aptiv zveřejnil výsledky za 2. čtvrtletí 2026 a uvedl, že srovnání růstu je na pro forma upravené meziroční bázi. EDS je od 2. čtvrtletí 2025 vykazováno jako ukončená činnost.
Aptiv PLC (APTV) Q2 2026 Earnings Call August 4, 2026 8:00 AM EDT
Company Participants
Betsy Frank - Vice President of Investor Relations
Kevin P. Clark - Chairman, CEO & President of Intelligent Systems
Varun Laroyia - Executive VP & CFO
Conference Call Participants
Itay Michaeli - TD Cowen, Research Division
Mark Delaney - Goldman Sachs Group, Inc., Research Division
Emmanuel Rosner - Wolfe Research, LLC
Joseph Spak - UBS Investment Bank, Research Division
Colin Langan - Wells Fargo Securities, LLC, Research Division
James Picariello - BNP Paribas, Research Division
Gautam Narayan - RBC Capital Markets, Research Division
Rajat Gupta - JPMorgan Chase & Co, Research Division
Presentation
Operator
Good day, and welcome to the Aptiv Q2 2026 Earnings Call. Today's conference is being recorded.
At this time, I would like to turn the conference over to Betsy Frank, Vice President, Investor Relations. Please go ahead.
Betsy Frank
Vice President of Investor Relations
Thank you, Shelly. Good morning, and thank you for joining Aptiv's Second Quarter 2026 Earnings Conference Call. The press release and slide presentation can be found on the Investor Relations portion of our website at aptiv.com. Today's review of our financials exclude amortization, restructuring and other special items and reflect the continuing operations of Aptiv as of June 30, reflecting the treatment of our EDS segment as a discontinued operation for the second quarter 2025.
The reconciliations between GAAP and non-GAAP measures are included at the back of the slide presentation and the earnings press release. Unless stated otherwise, all references to growth rates are on a pro forma adjusted year-over-year basis. During today's call, we will be providing certain forward-looking information that reflects Aptiv's current view of future financial performance and may be materially different for reasons that we cite in our Form 10-K and other SEC filings.
CoreWeave (CRWV - Free Report) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 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 August 11, 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 cloud computing company is expected to post quarterly loss of $1.17 per share in its upcoming report, which represents a year-over-year change of -333.3%.
Revenues are expected to be $2.53 billion, up 108.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 18.64% 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 CoreWeave?For CoreWeave, 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 -12.45%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that CoreWeave will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that CoreWeave would post a loss of$0.89 per share when it actually produced a loss of -$1.11, delivering a surprise of -24.72%.
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.
CoreWeave 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 Internet - Software industry, Datadog (DDOG - Free Report) , is soon expected to post earnings of $0.58 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +26.1%. Revenues for the quarter are expected to be $1.08 billion, up 30.6% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Datadog has been revised 0.7% up to the current level. Nevertheless, the company now has an Earnings ESP of +2.92%, reflecting a higher Most Accurate Estimate.
When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Datadog 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.
Vivid Seats Inc. (SEAT - Free Report) came out with a quarterly loss of $1.3 per share versus the Zacks Consensus Estimate of a loss of $1.03. This compares to earnings of $5.6 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -26.21%. A quarter ago, it was expected that this company would post a loss of $0.99 per share when it actually produced a loss of $1.35, delivering a surprise of -36.36%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
Vivid Seats, which belongs to the Zacks Internet - Software industry, posted revenues of $129.86 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 7.13%. This compares to year-ago revenues of $143.57 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Vivid Seats shares have added about 10.4% since the beginning of the year versus the S&P 500's gain of 11%.
What's Next for Vivid Seats?While Vivid Seats has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Vivid Seats was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.92 on $129.47 million in revenues for the coming quarter and -$4.16 on $505.98 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, AudioEye (AEYE - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.
This company is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of +46.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
AudioEye's revenues are expected to be $10.71 million, up 8.6% from the year-ago quarter.
ProPetro Holding Corp. (PUMP) ve 2. čtvrtletí 2026 vytvořila volný peněžní tok ve výši 51 milionů USD a rozšířila smluvní kapacitu výroby elektřiny na zhruba 350 MW. Akcie se ale obchodují výrazně nad pětiletým mediánem EV/EBITDA.
Key Takeaways PUMP generated $51 million of Q2 2026 free cash flow as its completions business stayed resilient.PUMP expanded contracted power-generation capacity to about 350 MW with positive monthly EBITDA.PUMP trades well above its five-year median EV/EBITDA, while capital spending and debt have increased. ProPetro Holding Corp. (PUMP - Free Report) combines a cash-generating Permian completions platform with an emerging power-generation business. That mix offers two earnings drivers, but it also raises the cost and execution burden.
PROPWR’s commercial progress is real, yet PUMP’s valuation already sits well above its own historical norm. Investors therefore have to weigh visible growth milestones against spending needs, rising debt and a still-developing earnings contribution.
PUMP's Core Business Is Producing CashProPetro’s completions business generated $51 million of free cash flow in the second quarter of 2026 despite severe Permian weather, upfront costs tied to activating a 12th fleet and unexpected downtime on a temporary out-of-basin project. Disciplined capital deployment, lower ongoing maintenance intensity and an upgraded fleet base helped preserve cash generation.
The company also benefits from long-standing relationships with large Permian customers and demand for natural gas-burning and electric fleets. Halliburton Company (HAL - Free Report) provides a useful industry reference. Its second-quarter 2026 Completion and Production revenues rose 6% sequentially, supported partly by increased stimulation activity in the Western Hemisphere, signaling firmer conditions across a market that remains cyclical.
PROPWR Gives PUMP a New Growth EnginePROPWR increased contracted power-generation capacity to approximately 350 megawatts. Assets are operating at a Midwest hyperscaler data-center site and meeting performance obligations, while advanced negotiations cover more than 100 megawatts for oil and gas projects and several hundred megawatts of data-center opportunities.
The segment generated positive EBITDA in each of the final two months of the quarter, an early sign that deployments can translate into earnings. Caterpillar Inc. (CAT - Free Report) is central to this expansion through a framework that gives PROPWR access to as much as 2.1 gigawatts of additional generation capacity by 2031.
PUMP's Valuation Leaves Limited Room for MisstepsPUMP trades at 8.75X trailing 12-month enterprise value to EBITDA. That is close to the sub-industry multiple of 8.86X but far above the stock’s five-year median of 4.33X.
Image Source: Zacks Investment Research
The premium to PUMP’s own history suggests that investors are already assigning value to PROPWR’s expected growth. Delayed contracts, slower deployments or weaker profitability could pressure the multiple before power generation becomes a larger earnings contributor.
Capital Needs Temper PUMP's Upside CaseManagement expects 2026 incurred capital expenditures of $525-$595 million, including $400-$450 million for PROPWR. Long-term debt surged to $765 million from $79 million in the prior quarter after the company issued convertible notes in May to finance its growth initiatives.
Image Source: Zacks Investment Research
Liquidity of $905 million provides a sizable cushion. ProPetro also had $121 million of availability under its asset-based lending facility, while Caterpillar-related financing capacity was increased to $167 million. These resources ease near-term funding pressure but do not eliminate the need to convert negotiations into contracts with attractive pricing, duration and risk allocation.
PUMP's Scores Point to Patience, Not UrgencyThe investment case supports a hold-or-wait posture. The completions platform is producing cash and PROPWR has reached meaningful commercial milestones, but the current valuation offers less protection against execution setbacks.
PUMP currently carries a Zacks Rank #3 (Hold), alongside a VGM Score of B and a Value Score of B. Its Momentum Score of A is constructive, but the Growth Score of C and the execution demands surrounding PROPWR argue against treating the favorable scores as a clear buying signal. The combination points to patience while investors wait for more consistent earnings progress. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
ProPetro vykázala ve 2. čtvrtletí ztrátu 7 centů na akcii, tedy více, než čekal trh, i když tržby ve výši 306 milionů USD odhady překonaly. Zároveň snížila výhled kapitálových výdajů pro rok 2026.
Key Takeaways PUMP reported a wider Q2 loss as higher costs, downtime and severe weather weighed on earnings.ProPetro beat revenue estimates, driven by Power Generation, Hydraulic Fracturing and Cementing results.PUMP lowered 2026 capital spending guidance and expanded PROPWR's contracted power capacity. ProPetro Holding Corp. (PUMP - Free Report) reported a second-quarter 2026 loss of 7 cents per share, wider than the Zacks Consensus Estimate of a loss of 1 cent. This was due to higher fleet activation costs, unexpected downtime on an out-of-basin project, severe weather in the Permian Basin during June and increased operating expenses, which weighed on earnings. The bottom line was unchanged from the year-ago quarter’s loss of 7 cents.
Revenues of $306 million beat the Zacks consensus estimate of $301 million by 1.66%, primarily due to higher-than-expected Power Generation, Hydraulic Fracturing and Cementing segment revenues, which beat consensus estimates by 97%, 0.5% and 10%, respectively. However, the metric declined 6.2% year over year from $326.2 million in the prior-year quarter, primarily due to lower Wireline revenues, which missed the consensus estimate by 4.9%.
Adjusted EBITDA totaled $44.8 million, up 23% from $36.4 million in the prior quarter. The metric represented roughly 15% of revenues and included $15.8 million of operating lease expense related to the company’s FORCE electric fleets. However, the metric missed our estimate of $46.2 million.
PUMP’s Business Reporting SegmentsProPetro conducts its operations through four reporting segments: Hydraulic Fracturing, Wireline, Cementing and Power Generation. Total revenues increased 13% sequentially from $271 million, primarily due to higher completions utilization and incremental PROPWR deployments.
Hydraulic fracturing revenues totaled $207.2 million, up 15.6% from $179.3 million in the prior quarter. However, the figure missed our estimate of $210.2 million. This segment accounted for approximately 68% of ProPetro’s consolidated second-quarter revenues.
Adjusted EBITDA from hydraulic fracturing increased 19.3% sequentially to $44.2 million. However, performance was affected by upfront maintenance and deployment costs associated with activating the 12th fleet, significant downtime on a temporary out-of-basin customer project and severe Permian Basin weather in June.
Wireline revenues totaled $57.5 million, down 6.9% from the previous quarter. However, the figure beat our estimate of $55.2 million. Adjusted EBITDA from the segment declined 16.2% sequentially to $11.4 million. Management nevertheless described wireline utilization, pricing and margins as resilient.
Cementing revenues increased 15.2% sequentially to $32 million. Moreover, the figure beat our estimate of $30.5 million. Segment adjusted EBITDA surged to $5.5 million from $2.1 million, supported by improving activity and higher Permian Basin drilling levels.
Power generation revenues rose to $9.3 million from $2.2 million in the prior quarter. Moreover, the figure beat our estimate of $1.1 million. The segment’s adjusted EBITDA loss narrowed to $0.7 million from $5.3 million. PROPWR also generated positive EBITDA during the quarter’s final two months.
ProPetro’s PROPWR Expansion Gains MomentumPROPWR added approximately 110 megawatts of contracted power generation capacity across two projects. One project supports a leading integrated upstream operator in the Permian Basin, while the other serves an industrial customer. These awards increased total committed capacity to about 350 megawatts.
The company is also in advanced negotiations for more than 100 megawatts supporting other oil and gas operations. Its data center pipeline includes several hundred megawatts in advanced discussions.
Assets are operating at a Midwest hyperscaler data center site, providing prime behind-the-meter power at scale. ProPetro expects most of PROPWR’s future capacity to serve data center customers, which generally offer longer contract terms than oil and gas and industrial projects.
PUMP’s Costs and Cash FlowTotal costs and expenses were $308 million for the second quarter, which was up 10.9% from the prior-year quarter’s level.Cost of services, excluding depreciation and amortization, totaled $234 million. General and administrative expenses increased to $33.1 million from $27.2 million sequentially, primarily due to costs associated with PROPWR’s growth and financing activities.
Depreciation and amortization rose to $43.5 million from $40.6 million in the prior quarter. The company reported a net loss of $8.1 million compared with a loss of $3.6 million in the first quarter.
Net cash provided by operating activities increased to $66 million from $3 million. The improvement reflected higher adjusted EBITDA and approximately $20 million of working-capital tailwinds. Free cash flow from the completions business totaled $51.1 million.
ProPetro’s Financial PositionAs of June 30, 2026, ProPetro had $784 million in cash and cash equivalents, including proceeds from its $690 million convertible senior notes offering. Total liquidity was $905 million, including $121 million of available borrowing capacity under the ABL Credit Facility. Long-term debt amounted to $764.9 million. The total debt-to-total capital was 44.4%.
Capital expenditures paid were $61 million, while incurred capital expenditures totaled $71 million. Approximately $24 million supported completions, while $47 million funded PROPWR equipment orders.
PUMP’s 2026 OutlookProPetro now expects 2026 capital expenditures of $525-$595 million, down from the previous guidance of $540-$610 million. Capital spending for the completions business is projected at $125-$145 million, compared with the earlier outlook of $140-$160 million, primarily due to the timing of planned FORCE electric fleet buyouts. The company now expects to complete one fleet buyout in 2026, with the second shifted to early 2027, while reaffirming its long-term plan to acquire all five FORCE electric fleets.
This Zacks Rank #3 (Hold) company maintained its 2026 PROPWR capital expenditure guidance of $400-$450 million, which includes equipment deliveries and Caterpillar-related equipment down payments. Management also reiterated its cost guidance of approximately $1.4-$1.5 million per megawatt, noting that financing arrangements are expected to reduce near-term cash outflows.
ProPetro expects to activate its 13th hydraulic fracturing fleet later in the third quarter, supported by improving customer demand in the Permian Basin. Management also expects PROPWR to begin generating positive and increasingly meaningful earnings in the second half of 2026 and into 2027 as deployments scale across its contracted customer base.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Important Earnings at a GlanceWhile we have discussed PUMP’s second-quarter results in detail, let us take a look at three other key reports in this space.
Houston, TX-based oil and gas equipment and services provider Halliburton (HAL - Free Report) posted second-quarter 2026 adjusted net income per share of 55 cents, marginally beating the Zacks Consensus Estimate of 54 cents. Halliburton’s outperformance was backed by year-over-year revenue growth. However, the bottom line was flat compared with the prior-year level.
As of June 30, 2026, Halliburton had approximately $2 billion in cash and cash equivalents and $7.1 billion in long-term debt, representing a debt-to-capitalization of 39%.
Fort Worth, TX-based oil and gas exploration and production company Range Resources Corporation (RRC - Free Report) reported second-quarter 2026 adjusted earnings of 79 cents per share, up 19.7% from 66 cents a year ago. Range Resources’ bottom line topped the Zacks Consensus Estimate of 56 cents by 41.1%. Strong quarterly results are driven by higher production and improved price realization.
The company’s net debt was $880.8 million at June 30, 2026, down 28% from $1.22 billion at year-end 2025. Range Resources repurchased $78 million of shares and paid $24 million in dividends during the quarter.
Houston, TX-based oil and gas storage and transportation company Kinder Morgan, Inc. (KMI - Free Report) reported second-quarter 2026 adjusted earnings of 37 cents per share, beating the Zacks Consensus Estimate of 31 cents by 19.35%. Earnings increased 32.1% from 28 cents per share in the year-ago quarter. Strong quarterly results benefited from broad-based segment growth, led by higher natural gas transportation and gathering volumes. Natural gas transport volumes rose 7%, while gathering volumes increased 26%.
As of June 30, 2026, Kinder Morgan reported $89 million in cash and cash equivalents. Kinder Morgan’s net debt stood at $32.03 billion at quarter-end. The net debt-to-adjusted EBITDA ratio improved to 3.6X from 3.8X at the end of 2025.
Netskope představil Netskope One DataSec Command Center, jednotné řídicí centrum pro dohled nad citlivými daty a jejich ochranu napříč cloudem, AI, sítí i endpointy. Firma uvádí, že méně než 10 % organizací má plně sjednocený datový bezpečnostní stack.
58% of organizations run 11 or more data security tools and only 7% describe their stack as fully unified. When an incident happens, 68% of security teams take days or longer to reconstruct where sensitive data went, and 8% can rarely reconstruct it at all. Just 8% enforce data security consistently in AI environments so only 7% are confident that sensitive data is not flowing uncontrolled into AI.
SANTA CLARA, Calif., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and AI era, today announced Netskope One DataSec Command Center, a unified control plane that discovers, understands, tracks, and protects sensitive data wherever it lives and moves across AI environments, cloud, the network, on-premises, endpoint, email, and more. Netskope One DataSec Command Center gives security teams full visibility into their sensitive data and a seamless path from discovery to remediation across their entire data landscape.
Organizations face a widening data security gap driven by fragmented tooling, rapid AI adoption, and manual investigation workflows. According to the 2026 Netskope Data Security Report, more than half of organizations operate 11 or more separate tools for data security alone, and less than 10% describe their stack as fully unified.¹ The operational cost is significant: only 4% of organizations can reconstruct a sensitive data path in minutes, with 68% requiring days or longer.¹ Rapid AI adoption has accelerated this problem: 98% of organizations now use AI, yet only 8% enforce data protection policies consistently in AI environments.¹
Netskope One DataSec Command Center is the core of Netskope's unified data security strategy: the central control plane that orchestrates protection across all Netskope data security enforcement points. By ingesting signals from across Netskope services, it correlates relationships between users, devices, data stores, and AI assets, surfacing hidden risks and accelerating remediating them by facilitating direct actions, enabling triage or investigative workflows, and recommending policies that are enforced back at Netskope’s data security control points. Its benefits support:
Data security posture and risk discovery: An always-on discovery dashboard and risk prioritization engine correlates, normalizes, and analyzes signals from DLP, DSPM, SWG, CASB and more, to surface exposures and other risks across SaaS, IaaS, PaaS, on-premises, inline, and endpoint environments, with integrated workflows that move security teams from finding to fixing.Data lineage: Integration with Netskope One Data Lineage provides a unified interface to track data movement across connected systems, from the moment a file is created and wherever it travels.Intelligent adaptive security: Translates risk signals into recommended policy adjustments and remediation actions, closing the loop from insight to enforcement without manual intervention.Agentic operations: Operates in tandem with the Netskope DLP AISecOps Agent to detect, triage, prioritize, investigate, and resolve data security incidents at machine speed. With 56% of organizations currently only investigating half or fewer of the alerts they generate due to a lack of capacity1, DataSec Command Center and the agent bridge the gap at scale. Sanjay Beri, Co-Founder and CEO, Netskope commented, “Organizations have invested in more data security tools than ever, yet most teams still cannot answer basic questions such as where did the data go and what is its current state? The problem isn't a lack of tools — it's the massive volume of data, the signals it generates, and the lack of coordination between them. Netskope One DataSec Command Center digests all of that data and those signals, correlates and normalizes them, analyzes them, and surfaces human-understandable insights giving security teams the control plane they have been missing: a single place to see what is exposed, understand how it got there, and act on it to prevent and mitigate risks.”
Wayne Cross, Director, IT Cyber Security and Infrastructure Operations, Borden Ladner Gervais LLP (BLG) commented, “The biggest operational hurdle we face in data security isn't just the volume of data, it's the fragmentation of our security stack. Trying to stitch together disparate signals across cloud, SaaS, and AI environments creates massive visibility gaps and slows down response times. That's why we have a priority strategy to unify our data security. It is about breaking down silos, gaining a clear line of sight into our data, and finally getting ahead of the risks that actually matter.”
As the unified data security control plane, Netskope One DataSec Command Center covers any kind of data, anywhere it lives, in any state it’s in, including:
Real-time network data going to the internet, transacted through email, or in-motion on endpointsCloud service provider databases or object stores in AWS, GCP, and AzureSaaS environments like Microsoft OneDrive, SharePoint, Google DriveAI services such as ChatGPT and Anthropic ClaudeStructured data in PaaS like Databricks, Snowflake, and other vector database services
Netskope One DataSec Command Center will be generally available this quarter as part of the Netskope One platform. Netskope will also be demonstrating Netskope One DataSec Command Center and AI, security, and networking innovations during Black Hat USA this week in Las Vegas. Visit the Black Hat page on Netskope.com for details.
About Netskope
Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and AI era, addresses the needs of both security and networking teams by providing optimized access and real-time, context-based security for the AI ecosystem inclusive of agents, applications, tools, LLMs, people, devices, and data. Thousands of customers, including more than 30% of the Fortune 100, trust the Netskope One platform, its Zero Trust Engine, and its powerful NewEdge network to reduce risk and gain full visibility and control over cloud, AI, SaaS, web, and private applications — providing security and accelerating performance without trade-offs.
Forward-Looking Statements
This press release contains forward-looking statements regarding the availability and functional capabilities of the upcoming release of Netskope One DataSec Command Center. These forward-looking statements remain subject to change. The above describes the current vision and direction for the release, however a significant number of factors could cause the availability and functionality to differ. The statements are not a commitment to deliver any release or functionality, should not be relied upon in making purchasing decisions, and may not be incorporated into any contract. The development and timing of the release and functionality described for Netskope’s platform and services remains at the sole discretion of Netskope.
Learn more at netskope.com, on LinkedIn, and on Instagram.
New Jersey žaluje Amazon kvůli údajnému zneužití tržní síly vůči nezávislým doručovatelům v programu Delivery Service Partner. Stát tvrdí, že firma tlačila na nízké mzdy a špatné podmínky.
Item 1 of 2 A truck departs Amazon's fulfillment center during Cyber Monday in Robbinsville, New Jersey, U.S., December 1, 2025. REUTERS/Eduardo Munoz
[1/2]A truck departs Amazon's fulfillment center during Cyber Monday in Robbinsville, New Jersey, U.S., December 1, 2025. REUTERS/Eduardo Munoz Purchase Licensing Rights, opens new tab
CompaniesAug 4 (Reuters) - New Jersey sued Amazon.com on Tuesday, accusing the online retailer of abusing its market power over independent delivery drivers.
The state accused Amazon of using its dominance to impose low pay and poor conditions on drivers who deliver for the company via its Delivery Service Partner program. The lawsuit was filed in federal court in Newark, New Jersey.
The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.
The program is run by Amazon's logistics arm and allows people to set up businesses to deliver packages locally. Those small businesses deliver 20 million packages a day for Amazon globally, according to the company.
The state alleges that Amazon punishes drivers who try to unionize and tries to keep independent businesses in the program from poaching each other's drivers in violation of antitrust law.
A spokesperson for Amazon did not immediately respond to a request for comment.
Amazon is fighting other antitrust lawsuits brought by the U.S. Federal Trade Commission and the state of California accusing the company of illegally monopolizing online retail markets. The company has denied those allegations.
Reporting by Jody Godoy in New York Editing by Nick Zieminski and Deepa Babington
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Jody Godoy reports on tech policy and antitrust enforcement, including how regulators are responding to the rise of AI. Reach her at [email protected]
Cathie Wood tends to buy when some of her favorite stocks pull back. On Monday -- with the market having its strongest first day of the month since late 2022 -- she was particularly busy, too. The co-founder and CEO of Ark Invest didn't let upticks get in the way of adding to some of her existing positions.
She was a buyer of CoreWeave (CRWV +5.85%), Amazon (AMZN -2.52%), and Rocket Lab (RKLB +5.79%), even as the shares rose 19%, 5%, and 8%, respectively, on Monday. Amazon did hit a new high during the day, but the same can't be said about the bookends. CoreWeave and Rocket Lab are trading 44% and 53% below their 52-week highs, respectively. Let's take a closer look at the three potentially opportunistic purchases by Ark in August.
Ark Investment Management CEO Cathie Wood. Image source: Getty Images.
1. CoreWeave CoreWeave stock rallied alongside other hyperscalers, but it would still have to more than double from here to revisit the all-time high it hit 14 months ago. The company, launched by a few hedge fund friends who initially bought a few GPUs to mine crypto -- before pivoting to the AI opportunity when the digital currency market sold off -- has been one of the market's more volatile investments since going public at $40 early last year.
Revenue rose 112% in its latest quarter, reported back in May. The top-line jump was better than expected, but the report wasn't well-received. A larger-than-projected loss disappointed investors, but it shouldn't have come as a surprise. CoreWeave had fallen short on the bottom line in two of the three previous reports. This is a top-line growth story, with revenue more than doubling in each quarter as a public company. It needs to invest in building out its empire at this stage, which introduces red ink on the other end of its red-hot revenue growth.
Today's Change
(
5.85
%) $
5.02
Current Price
$
90.78
CoreWeave was making positive waves even after the market closed on Monday. Analyst James Fish at Piper Sandler initiated coverage of the stock with a bullish overweight rating, praising CoreWeave's engineering team for its ability to achieve cost reductions as it continues to grow to meet the booming demand for AI infrastructure. His $151 price target offers 76% near-term upside even after Monday's jump.
CoreWeave also announced on Tuesday morning that it was expanding into Indonesia, marking its first push to establish a data center presence in the Asia-Pacific region. It will build out three facilities offering a total of 360 megawatts of contracted IT power. The data centers won't be available until 2028, but it's another bet that CoreWeave is making today that should keep growth booming tomorrow.
Investors won't have to wait long for the next day when CoreWeave shares may be on the move. It reports its second-quarter results next week, after the market closes on Tuesday.
Today's Change
(
-2.52
%) $
-7.16
Current Price
$
276.86
2. Amazon I'll start by saying that buying Amazon on the day its shares hit a new all-time high isn't technically bargain hunting. However, it was Wood's largest purchase. I couldn't leave the country's fifth-most-valuable company by market cap out of the mix. Ark Invest was a buyer of Amazon for all five of Wood's aggressive growth ETFs on Monday, and was her biggest buy in four of them.
Unlike CoreWeave, investors already know how Amazon fared in the second quarter. It reported last week. Net sales rose 20% to $200.6 billion for the quarter, fueled largely by a 37% jump in its thriving and high-margin Amazon Web Services (AWS) cloud-hosting business. Its flagship e-commerce business still managed to grow in the mid-teens -- up 16% in North America and up 15% everywhere else -- but AWS is the reason Amazon just delivered its strongest top-line surge in five years.
Today's Change
(
5.79
%) $
4.08
Current Price
$
74.51
3. Rocket Lab Rockets go up. Rockets go down. In recent weeks, rocket stocks have largely gone down. This is often a dinner bell for Wood if she's a believer in the industry and certain players in that space. Speaking of space, Rocket Lab is no stranger to space. Unlike many upstarts, Rocket Lab has generated meaningful revenue for years as a leading provider of space systems and launch services.
It's not profitable yet, but analysts expect it to be on an adjusted basis next year and on a reported basis by 2028. Demand is booming, with an order backlog of $2.2 billion at the end of the first quarter. It reports second-quarter results next week. It was targeting $225 million to $240 million in revenue for the quarter in May, a 61% year-over-year increase at the midpoint. Investors may have turned their back on space stocks this summer, but reality offers a kinder level of stargazing.
Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 8.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,456 shares of the software giant’s stock after buying an additional 2,034 shares during the period. Microsoft makes up about 1.6% of Annis Gardner Whiting Capital Advisors LLC’s holdings, making the stock its 11th biggest holding. Annis Gardner Whiting Capital Advisors LLC’s holdings in Microsoft were worth $10,163,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC raised its holdings in Microsoft by 51.3% in the second quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant’s stock valued at $29,000 after buying an additional 20 shares during the period. Bernzott Capital Advisors acquired a new stake in shares of Microsoft in the fourth quarter worth $34,000. Timmons Wealth Management LLC acquired a new stake in shares of Microsoft in the fourth quarter worth $36,000. Fairway Wealth LLC raised its stake in shares of Microsoft by 287.0% in the 4th quarter. Fairway Wealth LLC now owns 89 shares of the software giant’s stock valued at $43,000 after acquiring an additional 66 shares during the period. Finally, University of Illinois Foundation purchased a new position in shares of Microsoft in the 2nd quarter valued at $50,000. Institutional investors and hedge funds own 71.13% of the company’s stock.
Analysts Set New Price Targets A number of brokerages recently weighed in on MSFT. TD Cowen reaffirmed a “buy” rating and set a $540.00 price target on shares of Microsoft in a research report on Thursday, July 30th. Robert W. Baird cut their price objective on Microsoft from $540.00 to $500.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 15th. Wolfe Research restated an “outperform” rating and set a $550.00 price objective on shares of Microsoft in a research note on Thursday. Wells Fargo & Company upped their target price on Microsoft from $625.00 to $650.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Piper Sandler increased their target price on Microsoft from $540.00 to $550.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Forty-two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Microsoft currently has an average rating of “Moderate Buy” and a consensus price target of $558.64.
View Our Latest Research Report on Microsoft
More Microsoft News Here are the key news stories impacting Microsoft this week:
Positive Sentiment: Azure growth and AI monetization are driving the rally. Microsoft’s quarterly revenue and earnings exceeded expectations, while Azure growth accelerated to approximately 30%. Analysts and commentators said demand for cloud and generative-AI services is beginning to justify the company’s roughly $175 billion in annual spending. Microsoft Just Proved that AI Spending Can Pay Off Positive Sentiment: Strong bookings and infrastructure commitments support future revenue. Microsoft’s cloud backlog and more than $100 billion in data-center leases indicate that customers are committing to long-term capacity, giving investors greater confidence in continued Azure and AI expansion. Big Tech’s Cloud Backlog Just Hit $2.3 Trillion Positive Sentiment: Wall Street sentiment has improved. Analysts described Microsoft as one of the better-positioned hyperscalers in the AI race, citing its balance sheet, recurring software revenue, free-cash-flow generation and cloud leadership. The post-earnings advance has erased the stock’s prior 2026 losses and renewed expectations for additional upside. Microsoft’s Stock Is on a Run Not Seen in 26 Years Neutral Sentiment: Microsoft 365 ecosystem expansion. Paychex launched its WISE workforce-intelligence integration in Microsoft 365 Copilot and Teams, reinforcing Microsoft’s platform reach among small and midsize businesses, although the direct financial impact for MSFT is likely modest. Paychex Brings WISE Workforce Intelligence to Microsoft 365 Copilot and Teams Negative Sentiment: Securities litigation remains an overhang. Several law firms publicized a class action concerning alleged misrepresentations about Copilot functionality, AI adoption and Azure growth, with an August 11 lead-plaintiff deadline. The announcements do not establish liability but could increase legal, reputational and disclosure risks. MSFT Shareholder Alert Negative Sentiment: Capital spending and free cash flow remain watch points. The scale of AI infrastructure spending could pressure cash flow and returns if monetization slows, even though recent results have eased those concerns. The AI Spending Boom and Free Cash Flow Microsoft Stock Performance Microsoft stock opened at $487.65 on Tuesday. Microsoft Corporation has a 12-month low of $349.20 and a 12-month high of $553.72. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.23 and a quick ratio of 1.22. The company has a market capitalization of $3.62 trillion, a price-to-earnings ratio of 27.15, a price-to-earnings-growth ratio of 1.48 and a beta of 1.10. The firm’s fifty day moving average price is $399.37 and its 200 day moving average price is $405.57.
Microsoft (NASDAQ:MSFT – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The software giant reported $4.74 earnings per share for the quarter, beating analysts’ consensus estimates of $4.24 by $0.50. The company had revenue of $90.01 billion during the quarter, compared to analysts’ expectations of $87.62 billion. Microsoft had a net margin of 40.31% and a return on equity of 31.98%. The firm’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the prior year, the company posted $3.65 EPS. On average, research analysts forecast that Microsoft Corporation will post 19.53 EPS for the current fiscal year.
Microsoft Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.91 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $3.64 dividend on an annualized basis and a yield of 0.7%. Microsoft’s dividend payout ratio is currently 20.27%.
Insider Activity at Microsoft In other Microsoft news, EVP Takeshi Numoto sold 4,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $402.84, for a total value of $1,812,780.00. Following the transaction, the executive vice president directly owned 47,468 shares of the company’s stock, valued at $19,122,009.12. This represents a 8.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Judson Althoff sold 15,500 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $460.99, for a total value of $7,145,345.00. Following the transaction, the chief executive officer owned 110,477 shares of the company’s stock, valued at approximately $50,928,792.23. This trade represents a 12.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 23,762 shares of company stock valued at $10,508,361. Insiders own 0.03% of the company’s stock.
About Microsoft (Free Report)
Microsoft Corporation is a global technology company headquartered in Redmond, Washington. Founded in 1975 by Bill Gates and Paul Allen, Microsoft develops, licenses and supports a broad range of software products, services and devices for consumers, enterprises and governments worldwide. Its operations span personal computing, productivity software, cloud infrastructure, enterprise applications, developer tools and gaming.
Microsoft’s product portfolio includes the Windows operating system and the Microsoft 365 suite of productivity and collaboration tools (Office apps, Outlook, Teams).
Read More Five stocks we like better than Microsoft SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control Why Rare Earth Processing Could Be the Real 2027 Opportunity The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEBrookfield Infrastructure (NYSE:BIPC) versus E.On (OTCMKTS:ENAKF) Head-To-Head Survey
NEXT HEADLINE »Contrasting Herbalife (NYSE:HLF) & Agape ATP (NASDAQ:ATPC)
Microsoft vyplatí čtvrtletní dividendu 0,91 USD na akcii, beze změny oproti předchozím třem výplatám. Držitelé 100 akcií k 20. srpnu obdrží příští měsíc 91 USD.
Microsoft’s (NASDAQ: MSFT) upcoming quarterly dividend has been scheduled for Thursday, September 10, 2026, with the current estimates suggesting the company is going to reward investors as of August 20 with $0.91 per share.
The September dividend represents no change from the previous three payouts, issued on June 11, 2026, March 12, 2026, and December 11, 2025, according to the official announcement.
Accordingly, investors holding 100 Microsoft shares by August 20 will earn a total of $91 in dividend income next month. If the tech giant does not increase the payout, the yearly Microsoft stock dividend for 2026 will total $364.
MSFT quarterly dividend. Source: Microsoft.com Microsoft Corp. dividend profile Microsoft continues to maintain one of the most consistent dividend records in the technology sector, with a forward dividend yield of 0.75% and an annualized dividend of $3.64 per share.
What’s more, the software leader has increased its dividend for 24 consecutive years, and with a relatively conservative forward payout ratio of 18.54%, it has significant room to continue funding dividend growth while investing in its core businesses.
Historically, Microsoft’s shares have recovered quickly after going ex-dividend, with an average price recovery time of 1.7 days. Although its 0.75% dividend yield sits below the broader technology sector average of 1.37%, the company has prioritized steady dividend increases and share price appreciation over offering a high yield.
Even in 2026, which has been one of Microsoft’sweakest years on record, the stock has managed to recover, now sitting up around 3% year-to-date as of press time. For context, a $10,000 investment in Microsoft at the start of 2026, with all dividends reinvested, would now be worth $10,415.
In other words, the investment would have generated $38.19 in reinvested dividends and $376.82 in capital gains, for a total profit of $415, representing a 4.15% total return.
Featured image via Shutterstock
Best Crypto Exchange for Intermediate Traders and Investors
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.
30+ million Users worldwide
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!
Fairbanks Capital Management v 1. čtvrtletí nakoupila nový podíl v NVIDIA za zhruba 5,32 milionu USD. Akcie tvoří 3,3 % portfolia fondu a jde o jeho 11. největší pozici.
Fairbanks Capital Management Inc. bought a new stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 30,496 shares of the computer hardware maker’s stock, valued at approximately $5,319,000. NVIDIA accounts for 3.3% of Fairbanks Capital Management Inc.’s portfolio, making the stock its 11th biggest position.
Several other institutional investors and hedge funds have also modified their holdings of NVDA. State Street Corp grew its holdings in shares of NVIDIA by 1.2% during the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after purchasing an additional 11,451,386 shares in the last quarter. Geode Capital Management LLC raised its stake in NVIDIA by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after purchasing an additional 3,383,441 shares in the last quarter. Norges Bank acquired a new position in NVIDIA in the fourth quarter valued at about $62,244,133,000. Bank of America Corp DE lifted its position in NVIDIA by 1.5% during the fourth quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker’s stock worth $34,909,347,000 after purchasing an additional 2,849,678 shares during the period. Finally, Legal & General Group Plc lifted its position in NVIDIA by 1.5% during the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after purchasing an additional 2,609,560 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.
NVIDIA News Summary Here are the key news stories impacting NVIDIA this week:
Positive Sentiment: Cloud providers are accelerating spending on AI infrastructure, particularly NVIDIA’s liquid-cooled Blackwell systems. This reinforced expectations that demand for NVIDIA’s data-center GPUs remains well ahead of supply ahead of the company’s next earnings report. Nvidia stock climbs as AI infrastructure demand boosts investor sentiment Positive Sentiment: Analyst and earnings-preview coverage remains bullish. NVIDIA has a strong history of beating estimates, while reported first-quarter revenue of $81.6 billion and data-center revenue of $75.2 billion showed exceptional year-over-year growth. Forecasts also point to continued momentum from the Blackwell and upcoming Vera Rubin platforms. Will Nvidia beat estimates again Positive Sentiment: A strong Nasdaq and semiconductor-sector rebound lifted sentiment across chip stocks, providing an additional market-wide catalyst for NVDA. Some analysts argue that NVIDIA’s valuation remains reasonable relative to its growth and potential future sales. Nvidia beats stock market upswing Neutral Sentiment: NVIDIA is using financial guarantees, equity investments, and revenue-sharing arrangements to help customers build AI data centers and secure demand for Vera Rubin. The strategy could strengthen its ecosystem and market share, but it also increases exposure to customer defaults, cash outflows, and weaker AI-investment returns. Nvidia financial engineering and Vera Rubin Negative Sentiment: Risk-focused coverage highlights concerns about circular financing, rising AI infrastructure costs, and whether hyperscaler spending can remain economically justified. NVIDIA has also traded sideways for several months, suggesting investors may require stronger earnings or guidance to sustain a breakout. Nvidia stock remains in a $200 rut Negative Sentiment: Longer-term competitive risks are emerging as custom AI chips gain traction and AI-generated software could weaken CUDA’s traditional competitive moat, particularly as workloads shift from training toward inference. AI threats to Nvidia CUDA Wall Street Analyst Weigh In Several research firms have commented on NVDA. Evercore reissued an “outperform” rating and issued a $413.00 target price (up from $352.00) on shares of NVIDIA in a report on Thursday, May 21st. UBS Group boosted their target price on shares of NVIDIA from $275.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Tigress Financial reissued a “strong-buy” rating and set a $425.00 price objective (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Royal Bank Of Canada set a $280.00 price objective on NVIDIA in a research report on Thursday, May 21st. Finally, Morgan Stanley set a $288.00 target price on NVIDIA and gave the stock an “overweight” rating in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus price target of $304.26.
View Our Latest Report on NVDA
NVIDIA Trading Up 2.9% Shares of NVDA stock opened at $206.64 on Tuesday. The stock has a market cap of $5.00 trillion, a price-to-earnings ratio of 31.64, a PEG ratio of 0.39 and a beta of 2.23. The stock has a 50-day moving average of $205.24 and a 200-day moving average of $196.34. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the previous year, the firm earned $0.81 earnings per share. The firm’s quarterly revenue was up 85.2% on a year-over-year basis. On average, equities research analysts forecast that NVIDIA Corporation will post 8.79 earnings per share for the current year.
NVIDIA Increases Dividend The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a dividend of $0.25 per share. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s payout ratio is 15.31%.
NVIDIA declared that its board has initiated a share repurchase program on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.
Insider Buying and Selling In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the sale, the director owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 over the last quarter. Insiders own 3.94% of the company’s stock.
About NVIDIA (Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
Further Reading Five stocks we like better than NVIDIA SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control Why Rare Earth Processing Could Be the Real 2027 Opportunity The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks? Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).
Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.
Coronation Fund Managers Ltd. v prvním čtvrtletí koupil 26 149 akcií NVIDIA za zhruba 4,56 milionu USD. NVIDIA zároveň oznámila zpětný odkup akcií za 80 miliard USD.
Coronation Fund Managers Ltd. bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 26,149 shares of the computer hardware maker’s stock, valued at approximately $4,560,000.
Several other institutional investors and hedge funds also recently modified their holdings of NVDA. Lifetime Wealth Management P.C. purchased a new stake in NVIDIA in the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA during the 1st quarter valued at $27,000. Longfellow Investment Management Co. LLC increased its position in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after buying an additional 67 shares in the last quarter. Phillip James Consulting Co. purchased a new position in NVIDIA during the first quarter worth $40,000. Finally, Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA in the second quarter worth $40,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.
Analyst Upgrades and Downgrades Several brokerages have recently issued reports on NVDA. Susquehanna restated a “positive” rating and issued a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Tuesday, May 12th. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a research report on Thursday, May 21st. Raymond James Financial reissued a “strong-buy” rating and issued a $330.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Barclays restated an “overweight” rating on shares of NVIDIA in a report on Thursday, May 21st. Finally, Royal Bank Of Canada set a $280.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $304.26.
Get Our Latest Analysis on NVDA
NVIDIA Trading Up 2.9% Shares of NVDA stock opened at $206.64 on Tuesday. The firm’s 50-day simple moving average is $205.24 and its 200-day simple moving average is $196.34. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54. The firm has a market cap of $5.00 trillion, a P/E ratio of 31.64, a PEG ratio of 0.39 and a beta of 2.23.
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the previous year, the firm earned $0.81 earnings per share. NVIDIA’s revenue was up 85.2% compared to the same quarter last year. As a group, equities analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current year.
NVIDIA Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s payout ratio is currently 15.31%.
NVIDIA declared that its Board of Directors has authorized a share repurchase plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
Insider Transactions at NVIDIA In related news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Dabiri sold 625 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director directly owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 in the last ninety days. Insiders own 3.94% of the company’s stock.
Trending Headlines about NVIDIA Here are the key news stories impacting NVIDIA this week:
Positive Sentiment: Cloud providers are accelerating spending on AI infrastructure, particularly NVIDIA’s liquid-cooled Blackwell systems. This reinforced expectations that demand for NVIDIA’s data-center GPUs remains well ahead of supply ahead of the company’s next earnings report. Nvidia stock climbs as AI infrastructure demand boosts investor sentiment Positive Sentiment: Analyst and earnings-preview coverage remains bullish. NVIDIA has a strong history of beating estimates, while reported first-quarter revenue of $81.6 billion and data-center revenue of $75.2 billion showed exceptional year-over-year growth. Forecasts also point to continued momentum from the Blackwell and upcoming Vera Rubin platforms. Will Nvidia beat estimates again Positive Sentiment: A strong Nasdaq and semiconductor-sector rebound lifted sentiment across chip stocks, providing an additional market-wide catalyst for NVDA. Some analysts argue that NVIDIA’s valuation remains reasonable relative to its growth and potential future sales. Nvidia beats stock market upswing Neutral Sentiment: NVIDIA is using financial guarantees, equity investments, and revenue-sharing arrangements to help customers build AI data centers and secure demand for Vera Rubin. The strategy could strengthen its ecosystem and market share, but it also increases exposure to customer defaults, cash outflows, and weaker AI-investment returns. Nvidia financial engineering and Vera Rubin Negative Sentiment: Risk-focused coverage highlights concerns about circular financing, rising AI infrastructure costs, and whether hyperscaler spending can remain economically justified. NVIDIA has also traded sideways for several months, suggesting investors may require stronger earnings or guidance to sustain a breakout. Nvidia stock remains in a $200 rut Negative Sentiment: Longer-term competitive risks are emerging as custom AI chips gain traction and AI-generated software could weaken CUDA’s traditional competitive moat, particularly as workloads shift from training toward inference. AI threats to Nvidia CUDA About NVIDIA (Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
Further Reading Five stocks we like better than NVIDIA SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control Why Rare Earth Processing Could Be the Real 2027 Opportunity The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEClearwater Capital Advisors LLC Purchases 4,873 Shares of NVIDIA Corporation $NVDA
NVIDIA uvedla, že má plnou důvěru v 1 bilion USD v tržbách z Blackwell a Rubin v letech 2025 až 2027, což potvrzuje silnou poptávku po čipech. CFO zároveň řekla, že firma je omezená zásobami.
Jim Cramer keeps telling viewers that NVIDIA chips hold their value because they are scarce. Now NVIDIA management has put a number behind that argument, and it is one most retail investors have probably never seen quoted.
The Number: $1 Trillion On the May 20, 2026 earnings call, NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CFO Colette Kress told investors the company has “full confidence in $1 trillion in Blackwell and Rubin revenue we foresee from 2025 through calendar 2027,” fueled by data center demand. That is forward revenue visibility, not booked sales, and it is the clearest quantification of chip scarcity NVIDIA has ever put in writing. To back that visibility with physical supply, the company disclosed it had $119.0 billion in total supply-related commitments as of the Q1 FY2027 filing, and Kress said on the call that the tally inclusive of inventory purchases and prepaids had climbed to $145 billion.
What It Means A trillion dollars of demand visibility across two product cycles is a backlog statement dressed up as a forecast. But it is also a scarcity statement. NVIDIA is telling suppliers, customers, and shareholders that it has more orders than it can build. CEO Jensen Huang made the constraint explicit: “My sense is that we’ll be supply constrained throughout the entire life of Vera Rubin.”
The pricing evidence supports it. H100 rental prices are up 20% year to date, and A100 cloud pricing is up nearly 15%. Prior-generation silicon is appreciating, which only happens when new supply cannot catch demand.
That backlog is already showing up in the P&L. Q1 FY2027 revenue landed at $81.61 billion, up 85.23% year over year, beating consensus by 3.16%. Data Center revenue reached $75.25 billion, growing 92% YoY, with networking alone at $14.8 billion, up 199%. Non-GAAP gross margin expanded to 75.0%, versus 60.8% a year earlier. Companies that lack pricing power do not print massive gross margins on $81.61 billion in a single quarter.
Market Reaction Shares closed at $206.64 on August 3, 2026, versus around $223 at the Q1 FY27 filing on May 20, 2026. The custom period from filing date through August 3 shows a 7.43% decline. Momentum has turned recently: the stock is up 7.4% over the past week and up 8.6% over the past month, with year-to-date performance at +13.4%.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
Bull Case The $1 trillion figure reframes the data center debate. Detractors have argued that hyperscaler capex will normalize and that AI infrastructure depreciates faster than the market assumes. NVIDIA’s counter is that analysts now forecast hyperscale capex to exceed $1 trillion by 2027 and that AI infrastructure spending is tracking toward $3 trillion to $4 trillion annually by the end of this decade. Against that, the Blackwell and Rubin visibility captures only two product generations and one platform vendor.
Customer breadth reinforces the backlog. Kress said the number of partner data centers exceeding 10MW has nearly doubled in a year, now surpassing 80 sites, and NVIDIA infrastructure is deployed across nearly 40 countries. Sovereign revenue is up more than 80% year over year. Vera CPU alone opens what Huang called a $200 billion TAM with nearly $20 billion in CPU revenue visibility this year.
Capital return signals confidence. The board authorized an additional $80.0 billion in share repurchases, and increased the quarterly dividend from $0.01 to $0.25. Free cash flow of $48.55 billion in a single quarter, compared with $26.1 billion in the year-ago period, bankrolls all of it without touching the balance sheet. And the stock trades at roughly 23 times forward earnings, a multiple that has to be reconciled with 210.63% year-over-year net income growth.
Bottom Line The $1 trillion Blackwell and Rubin revenue forecast is a forward-looking statement, not a reported figure, and long-term holders should treat it that way. It is also the cleanest number NVIDIA has ever offered to quantify what Cramer sees brewing on the surface: chips that hold their value because there are not enough of them. Q2 FY2027 guidance calls for revenue of $91.0 billion, plus or minus 2%, with gross margin held at 75.0%. If the company delivers, the trillion-dollar figure stops sounding like a slogan and starts looking like a roadmap.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
CNBC’s Jim Cramer distilled the current NVIDIA setup into one sentence on X: “you get a couple of reports that Nvidia chips are holding their value and are scarce and the stock soars.” The post landed as NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) closed up 2.93% at $206.64 on August 3, 2026, extending a 6.7% one-week gain and pushing the stock 12.8% higher year to date. For a name with a roughly $5.094 trillion market capitalization, that is a meaningful daily move, and it maps directly onto the two supply-side narratives Cramer is pointing at.
The Reports Behind Cramer’s Take Two theories circulating this week gave the scarcity thesis fresh ammunition. An analysis by Beth Kindig, aka the “Queen of Nvidia,” flagged that TSMC’s N3 process wafer capacity is severely constrained, with the biggest AI chip designers, NVIDIA and Google, both leaning on the same node and rising prices reflecting the bottleneck. Separately, Bank of America is now modeling hyperscaler capital expenditures to exceed $1.2 trillion over the next year, with the sector’s bottleneck shifting from demand to supply.
Value retention in the secondary GPU market is the second leg. Hyperscalers describe cloud GPUs as sold out, and rental economics for prior-generation Hopper silicon have stayed firm even as Blackwell ramps. That behavior signals a market where installed hardware is still earning its keep, which is the opposite of what you would expect if the AI capex cycle were peaking.
NVIDIA’s Numbers Confirm the Scarcity Thesis NVIDIA’s most recent report, filed May 20, 2026, reads like a scarcity case study. Q1 FY2027 revenue came in at $81.615 billion, up 85.23% YoY, beating the consensus by 3.16% and setting a new company record. Non-GAAP diluted EPS of $1.87 topped the $1.7738 estimate. Data Center revenue reached $75.246 billion, growing 92% year over year, with networking (InfiniBand, NVLink, Spectrum-X) up 199%.
The margin picture is the tell. Non-GAAP gross margin held at 75.0%, up from 60.8% a year earlier. Sustaining that gross margin while revenue nearly doubles is the fingerprint of pricing power created by supply that trails demand. Free cash flow of $48.55 billion in the quarter funded a $80 billion repurchase authorization and a dividend increase from $0.01 to $0.25 per share.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
The clearest scarcity signal sits in the balance sheet commentary. Total forward supply-related commitments jumped to $119.0 billion in Q1 FY2027, versus $95.2 billion in Q4 FY2026 and $50.3 billion in Q3 FY2026. NVIDIA is writing large checks to lock in wafer starts, HBM, and networking silicon well before customer purchase orders convert to revenue. Details are in the company’s Q1 FY2027 8-K filing.
What to Watch Next Nvidia management guided Q2 FY2027 revenue to $91.0 billion, give or take 2%, with 75.0% non-GAAP gross margin, and that figure excludes any China Data Center compute revenue. Named commitments underneath the guide include 10 gigawatts of systems for OpenAI, an initial 1 gigawatt for Anthropic, millions of Blackwell and Rubin GPUs for Meta over multiple years, and 5-plus gigawatts for CoreWeave by 2030.
Jensen Huang framed the backdrop in generational terms: “The buildout of AI factories, the largest infrastructure expansion in human history, is accelerating at extraordinary speed.”
Valuation is where the debate lives. NVIDIA trades at roughly 30.7 times trailing earnings and 22.8 times forward earnings, with an analyst consensus target of $302.83 and 58 buy or strong buy ratings against 2 holds and 1 sell. Reddit sentiment, meanwhile, has been predominantly bearish across r/wallstreetbets in early August, driven more by loss-focused posts than by any obvious crack in the fundamentals. Cramer’s read is that scarcity and value retention are the signals that matter most for the next leg. The Q2 report, due in late August, will test that thesis against the $91 billion guide and bring the scarcity debate full circle.
Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
GM a Ford znovu rozvíjejí obranný byznys, který může přinést miliardy ve výnosech i zisku. GM Defense cílí na zhruba 700 milionů USD výnosů v roce 2026.
Interestingly, investors looking for potential future catalysts for both General Motors (GM -1.33%) and Ford Motor Company (F -1.70%) might just find their answers in the past.
While Stellantis is busy refocusing on its core vehicle production strategy and broader turnaround, both Ford and GM are busy diversifying and seeking new and incremental revenue streams. One catalyst with the potential to add billions in revenue and profit is the defense business.
Here's a brief history lesson on GM's and Ford's defense businesses and what reviving them could mean for long-term investors.
Image source: General Motors.
General Motors and Ford have a history of serving the military Many forget that GM's defense business delivered over $12.3 billion in war goods during World War II, at the time making it the largest commercial provider of military vehicles. For an automotive industry already frowned upon for its cyclicality, GM's defense business was even more boom or bust and was divested in 2003 to General Dynamics for $1.1 billion. Until 2017, when GM Defense was reestablished, you could say GM's defense business was gone but not forgotten. But GM CEO Mary Barra dropped a hint in the automaker's recent second-quarter letter to shareholders: "Growth businesses like GM Defense and GM Insurance are creating additional avenues for value creation," she wrote.
GM is gearing up for a strategic pivot that could capture billions in defense revenue, and GM Defense has already secured a big multiyear contract to build the U.S. Army's Infantry Squad Vehicle (ISV), which is based on the Chevrolet Colorado ZR2 midsize truck architecture.
Today's Change
(
-1.70
%) $
-0.25
Current Price
$
14.43
Crosstown rival Ford Motor Company got in the mix for the government's ISV-Heavy (ISV-H) program, in which the U.S. Army awarded GM Defense, Ford, and BC Customs firm-fixed-price prototype agreements. Prototypes are due by March 30, 2027.
GM has a head start in reviving its historic defense business, especially considering it has a more mature and dedicated subsidiary, while Ford's defense business is integrated into its Ford Pro operations. GM Defense even recently signed a memorandum of understanding (MOU) with Lockheed Martin to explore opportunities to improve the supply chain and drive manufacturing innovation between the two juggernauts.
While GM has a head start over Ford, the latter is already in negotiations with defense departments in Europe, as well as North America, to supply trucks and software to their armed forces. That said, the talks, which are said to be "productive," have yet to produce a contract with Ford.
Today's Change
(
-1.33
%) $
-1.18
Current Price
$
87.68
What it all means for investors More broadly, this is a trend investors should remember, as the U.S. Defense Department is aiming to diversify its contractors to improve service and slash costs, and major Detroit automakers were high on that list of companies to work with. While this would certainly be a solid business win for either GM or Ford, let's put some context around the current projections.
For 2026, GM Defense is aiming for about $700 million in revenue and double-digit percentage EBIT (earnings before interest and taxes) margins -- which is good compared to the single-digit margins major automakers typically achieve. Management also expects GM Defense to post a compound annual growth rate (CAGR) of more than 30% over the next several years. While GM Defense could certainly add billions to the company's top line, and, over the long term, to its bottom line, reasonable growth rates would probably put the business as only a small 2% to 3% of the company's EBIT profits by the end of this decade.
Despite being a small percentage of Ford's and GM's overall businesses, there's certainly upside beyond the numbers, such as with GM Defense's MOU with Lockheed Martin that could open up doors to drive efficiencies and lower research and development (R&D) costs, or potentially fill excess production capacity at its truck factories that would only boost margins. Ford and GM's renewed focus on defense business is a smart move, a profitable move, and a development worth watching for multiple reasons, but it won't cause the stocks to soar in the near term. However, as Ford and GM continue to diversify their business and expand margins above historical narratives, these moves all add up for investors.
Key Takeaways Ford raised 2026 adjusted EBIT guidance to $10-$11B and free cash flow outlook to $6-$7B.Ford Blue gains from richer mix and cost cuts, while Model e losses narrowed for the third straight quarter.Ford Pro software growth, strong liquidity, a 4% yield and discounted valuation add to the appeal. Last week, Ford (F - Free Report) reported strong second-quarter 2026 results, with adjusted earnings of $3.57 per share rising 41.3% year over year as well as exceeding the Zacks Consensus Estimate by 14.06%. Backed by robust results and improving fundamentals, the company lifted its full-year outlook. Ford raised its full-year adjusted EBIT outlook to $10-$11 billion from $8.5-$10.5 billion. It also increased adjusted free cash flow guidance to $6-$7 billion from $5-$6 billion.
Wall Street analysts are getting optimistic on the stock after second-quarter results, as reflected by the upward revision of the company’s EPS estimates.
Over the past seven days, the consensus mark for Ford’s 2026 EPS has moved up 24 cents to $1.86, implying a year-over-year jump of 71%. Over the same timeframe, the Zacks Consensus Estimate for 2027 EPS has increased by 17 cents to $1.94, implying growth of more than 4% from projected 2026 levels.
Let's take a closer look at what has analysts feeling upbeat about the stock and whether it's the right time to buy.
Ford Blue Benefiting From Better Mix & Cost CutsFord Blue’s prospects are improving as the business shifts toward higher-margin trucks, utilities, off-road models and hybrids. Off-road trims represented nearly 25% of U.S. sales, and Explorer and Expedition retail sales rose more than 20%. F-Series demand remains firm, with disciplined incentives and favorable channel mix supporting pricing.
Management raised 2026 Ford Blue EBIT guidance to $5-$5.5 billion from $4.5-$5 billion. Continued quality gains, lower warranty costs and upcoming truck launches should further support margins. The company remains on track for $1 billion of material and warranty cost reductions in 2026.
Ford Model e Losses NarrowingFord Model e’s prospects are improving because losses are narrowing while the company redirects spending toward lower-cost electric vehicles and energy storage. The segment’s second-quarter 2026 EBIT loss narrowed to $919 million from $1.33 billion a year earlier, marking the third consecutive quarter of year-over-year improvement.
Management expects Gen-1 EV EBIT to improve about 40% in 2026 and now forecasts a full-year loss of roughly $4 billion. The Universal Electric Vehicle platform is designed for affordable models priced at around $30,000, with first deliveries expected in 2027.
Ford Pro Winning From Software StrengthCommercial vehicle leadership, recurring software revenues and added production capacity are set to boost the segment’s profits. Ford now expects an EBIT of $7-$7.5 billion for the full year from this unit, up from $6.5-$7.5 billion guided earlier.
Paid Ford Pro Intelligence subscriptions exceeded 900,000, supporting a higher-margin revenue stream. Early 2027 model-year customer contracting is running ahead of last year, indicating sustained fleet demand. Oakville is scheduled to add up to 100,000 units of Super Duty capacity from the fourth quarter of 2026, supporting volume recovery, service growth and earnings resilience.
Ford Energy Offers DiversificationFord Energy adds a new revenue stream beyond vehicle sales by applying Ford’s battery manufacturing, service and monitoring capabilities to energy storage. The company expects to reach 20 gigawatt-hours of annual capacity by late 2027 and is already producing prototype cells in Michigan.
Solid Liquidity & Dividend Yield Add to the AppealFord ended the second quarter of 2026 with $22.3 billion in cash and $43.4 billion in liquidity. It has returned more than $16 billion through dividends and repurchases over five years. The company has an attractive dividend yield of over 4%.
Ford’s Price Performance & ValuationYear to date, shares of F have risen 12.5%, outperforming the industry and peers like General Motors (GM - Free Report) and Tesla (TSLA - Free Report) . While General Motors shares moved up roughly 8%, Tesla shares declined 28% during the same timeframe.
YTD Price Performance Comparison Image Source: Zacks Investment Research
Ford also appears undervalued now, with a Value Score of A. The company is trading at a forward sales multiple of 0.32, lower than its closest peer, General Motors. Tesla, meanwhile, continues to trade at a significantly higher valuation, reflecting investor expectations for its AI and autonomous driving businesses rather than its core automotive operations.
F’s P/S F12M Vs. TSLA & GM Image Source: Zacks Investment Research
Buy Ford Stock at Current Levels?Well, Ford faces volatile input and trade costs. Management expects 2026 commodity costs to be above $2 billion. While Model e losses are narrowing, Ford still expects a full-year 2026 loss of about $4 billion from the segment. Then there are geopolitical and macro uncertainties that can weigh on the stock.
But improving execution and a broader profit mix outweigh the risks. Ford’s richer product mix, recurring services, affordable electrification plans, energy storage and liquidity strength make us bullish on the stock. Add to that its dividend yield for income investors, discounted valuation and upbeat guidance, and Ford is definitely worth buying at current levels.
The stock carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
