This does not necessarily mean that a 2024-style global carry-trade unwind is imminent. The BoJ has spent considerable time preparing markets for the possibility of higher rates, making a move next week considerably less surprising than the July 2024 rate increase. Nevertheless, the risk would increase if the central bank combines a rate hike with guidance suggesting that additional increases could follow relatively quickly.
Intervention and Domestic Repatriation Add Another Layer of Support for the Yen Monetary policy is not the only factor supporting the Japanese currency. The possibility of renewed government intervention remains an important consideration for traders, particularly after the scale of Tokyo’s recent operations. Japan spent approximately ¥15.4 trillion, or nearly $99 billion, on yen-buying intervention between July 30 and August 26, according to Japanese Finance Ministry data.
The operation helped push the yen away from levels near 164 per dollar, while part of the intervention was coordinated with the United States. Japanese Finance Minister Satsuki Katayama has subsequently stressed that Tokyo and Washington remain aligned on the objective of maintaining orderly foreign-exchange markets.
That means traders cannot simply assume that a renewed yen depreciation would be tolerated indefinitely. If the USD/JPY were to reverse sharply higher and return towards the levels that previously prompted official action, the perceived intervention risk could itself become a deterrent to aggressive yen-selling.
There is also a potentially more structural source of yen demand: Japanese institutional investors.
Japan’s enormous pension and financial sector has historically allocated substantial amounts of capital overseas, partly because extremely low domestic yields encouraged investors to search for returns abroad. That equation is changing as Japanese government bond yields rise. The 10-year JGB yield recently reached 3%, its highest level since 1996, making domestic fixed-income assets considerably more attractive than they were during the ultra-low-rate era.
Fitch Ratings expects Japanese policy rates to rise faster than current market consensus in 2026 and 2027, arguing that higher domestic yields could reduce the incentive for Japanese institutions to pursue lower-yielding foreign assets. The ratings agency said domestic banks and life insurers are already reassessing opportunities at home, even though there is not yet clear evidence of a major portfolio shift by the Government Pension Investment Fund (GPIF).
The potential scale of such a shift is significant. Japan’s pension system manages assets measured in trillions of dollars, meaning even a modest change in the allocation between overseas and domestic investments could generate substantial currency flows.
For the USD/JPY, this introduces a potentially important structural headwind. If Japanese yields continue to rise while the BoJ signals further tightening, domestic institutions may have less reason to hedge or maintain large overseas allocations. Repatriation flows could then provide an additional source of yen demand independently of speculative positioning.
Sources: The Wall Street Journal, Fitch Ratings, Bank for International Settlements (BIS), Jefferies, Bank of Japan (BoJ), U.S. Federal Reserve, Reuters Japanese Ministry of Finance
Overview: Based on Arc Cycle Analysis applied to the 1h chart, Gold Spot / U.S. Dollar is interacting with the 0.618 Resistance Arc within the current Arc Cycle. Bullish momentum has faded near this boundary, indicating that the upper Arc continues to cap upside expansion.
Market outlookThe 0.618 Arc continues to act as a resistance boundary, capping upside expansion. Bullish attempts have stalled beneath the Resistance Arc, indicating that the resistance remains intact.
If the Resistance Arc holds firm, a decline toward 4,366 becomes the primary scenario. Conversely, a sustained 1h close above 4,410 would invalidate the bearish scenario, opening the path toward the next Resistance Arc at the 0.786 Arc level.
Structure Therapeutics Inc. (GPCR) Discusses Positive Clinical Data Updates for Oral Small Molecule Amylin and GLP-1 Programs in Chronic Weight Management Transcript
AdaptHealth Corp. (NASDAQ: AHCO) (“AdaptHealth” or the “Company”), a national leader in providing patient-centered, healthcare-at-home solutions including home medical equipment, medical supplies, and related services, announced today that its Board of Directors has named Harriss T. Currie as its Chief Financial Officer, effective September 9, 2026. Mr. Currie will assume CFO responsibilities from Jason Clemens, who will assist with the transition through October 1, 2026.
Mr. Currie previously served as the CFO for Luminex Corp (Nasdaq: LMNX) for more than 15 years until its sale to DiaSorin in 2021. He has more recently held CFO roles at Health Track Rx from 2025 to 2026 and from Impulse Dynamics from 2022 to 2023, and served as President of the Regenerative Medicine division of 3D Systems (NYSE: DDD) from 2023 to 2025.
Mr. Currie holds an MBA from the McCombs School of Business at the University of Texas at Austin and previously served as an audit manager at Deloitte & Touche.
“We are delighted to welcome Harriss to AdaptHealth and look forward to the meaningful contributions we expect he will make in both the short and long term,” said Suzanne Foster, Chief Executive Officer. “We appreciate Jason’s years of service and are particularly thankful for the strong team and structure he has left for Harriss to build on.”
“I am excited to join AdaptHealth and to lead the finance team through our next phase of growth. In evaluating this opportunity, I saw a strong leadership team, solid financial processes, and a business that has put strategic contracts in place to position itself for meaningful revenue and EBITDA growth. I am truly excited and appreciative of this opportunity,” said Mr. Currie.
About AdaptHealth Corp.
AdaptHealth is a national leader in providing patient-centered, healthcare-at-home solutions including home medical equipment, medical supplies, and related services. The Company operates under four reportable segments that align with its product categories: (i) Sleep Health, (ii) Respiratory Health, (iii) Diabetes Health, and (iv) Wellness at Home. The Sleep Health segment provides sleep therapy equipment, supplies and related services (including CPAP and BiLevel services) to individuals for the treatment of obstructive sleep apnea. The Respiratory Health segment provides oxygen and home mechanical ventilation equipment and supplies and related chronic therapy services to individuals for the treatment of respiratory diseases, such as chronic obstructive pulmonary disease and chronic respiratory failure. The Diabetes Health segment provides medical devices, including continuous glucose monitors and insulin pumps, and related services to patients for the treatment of diabetes. The Wellness at Home segment provides home medical equipment and services to patients in their homes including those who have been discharged from acute care and other facilities. The segment tailors a service model to patients who are adjusting to new lifestyles or navigating complex disease states by providing essential medical supplies and durable medical equipment.
The Company is proud to partner with an extensive and highly diversified network of referral sources, including acute care hospitals, sleep labs, pulmonologists, skilled nursing facilities, and clinics. AdaptHealth services beneficiaries of Medicare, Medicaid, and commercial insurance payors, reaching approximately 4.5 million patients annually in all 50 states through its network of approximately 670 locations in 48 states.
Forward-Looking Statements
This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations and the Company’s acquisition pipeline. These statements are based on various assumptions and on the current expectations of AdaptHealth management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company.
These forward-looking statements are subject to a number of risks and uncertainties, including the outcome of judicial and administrative proceedings to which the Company may become a party or governmental investigations to which the Company may become subject that could interrupt or limit the Company’s operations, result in adverse judgments, settlements or fines and create negative publicity; changes in the Company’s customers’ preferences, prospects and the competitive conditions prevailing in the healthcare sector. A further description of such risks and uncertainties can be found in the Company’s filings with the Securities and Exchange Commission. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently knows or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause the Company’s assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260908762966/en/
C3.ai, Inc. (AI - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned +0.6%, compared to the Zacks S&P 500 composite's -0.4% change. During this period, the Zacks Computers - IT Services industry, which C3.ai falls in, has gained 4.6%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, C3.ai is expected to post a loss of $0.22 per share, indicating a change of +12% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of -$0.82 for the current fiscal year indicates a year-over-year change of +39.3%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $0.49 indicates a change of +39.7% from what C3.ai is expected to report a year ago. Over the past month, the estimate has changed -2%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, C3.ai is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of C3.ai, the consensus sales estimate of $53.18 million for the current quarter points to a year-over-year change of -29.2%. The $222.61 million and $245.7 million estimates for the current and next fiscal years indicate changes of -11.1% and +10.4%, respectively.
Last Reported Results and Surprise HistoryC3.ai reported revenues of $52.38 million in the last reported quarter, representing a year-over-year change of -25.4%. EPS of -$0.2 for the same period compares with -$0.37 a year ago.
Compared to the Zacks Consensus Estimate of $51.46 million, the reported revenues represent a surprise of +1.79%. The EPS surprise was +23.08%.
Over the last four quarters, C3.ai surpassed consensus EPS estimates three times. The company topped consensus revenue estimates three times over this period.
ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
C3.ai is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about C3.ai. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Everpure P has remained stable following the announcement last Friday that it will join the S&P 500 before the market opens on September 21. This addition highlights a significant achievement for the company, which has seen its revenue growth accelerate for eight consecutive quarters. This growth is driven by strong enterprise demand, increased market share, and the rising adoption of its Storage-as-a-Service offerings, with artificial intelligence (AI) and hyperscale solutions providing further opportunities.
S&P 500 Inclusion: Everpure will transition from the S&P MidCap 400, replacing The Trade Desk TTD in the S&P 500. This move is expected to trigger automatic buying from index-tracking funds and adds to a robust year for Everpure, with its stock rising nearly 50% year-to-date. Company Overview: Everpure offers a comprehensive storage and data management platform centered on flash technology. Their range of products includes traditional enterprise storage and high-performance AI workloads, all built on a unified software architecture designed for enhanced performance, density, reliability, and power efficiency. The company has also ventured into consumption-based storage with its Evergreen//One service, achieving an annualized total contract value (TCV) run rate exceeding $1 billion. Q2 Performance: In Q2 (July), Everpure surpassed expectations with a 37.7% year-over-year revenue increase to $1.19 billion and a 77% rise in adjusted operating income to $230 million. The company has raised its FY27 guidance, now anticipating revenue between $5.03 billion and $5.07 billion, up from a previous range of $4.41 billion to $4.51 billion, and adjusted operating income of $940 million to $960 million. Remaining performance obligations (RPO) grew 44% year-over-year to over $4.1 billion, ensuring strong future revenue visibility. The adjusted gross margin stood at 69.9%, with P strategically maintaining product gross margins at the lower end of its 65-70% range to focus on growth and market share amidst rising component costs. Growth Drivers: The Q2 growth was bolstered by increased pricing, a transition to higher-performance configurations, and enhanced capacity per system, which compensated for lower system volumes. The demand was widespread across all products, regions, and customer segments, with large enterprise interest remaining robust despite significant price hikes. AI Impact: The demand for Everpure's storage solutions is being further fueled by AI as customers develop more data-intensive infrastructures. The company is also expanding its partnerships with hyperscalers, recently securing a contract with a second top-five hyperscaler, which is expected to ramp up significantly in FY28. Everpure anticipates that its hyperscale business will make a more substantial contribution in the latter half of FY27. Everpure's inclusion in the S&P 500 signifies a pivotal moment for a company that is increasingly benefiting from the growing demands of AI and infrastructure modernization. The stock has performed well, driven by rising core enterprise demand, the adoption of Storage-as-a-Service, and emerging hyperscale opportunities. Although shares experienced a pullback after P's impressive Q2 results in late August—likely due to high expectations and concerns over short-term cash flow and product margins—these factors reflect strategic decisions to secure supply and prioritize growth. Everpure still anticipates positive free cash flow for FY27. The significant revision to its second-half outlook indicates resilient demand despite price increases, reinforcing confidence in its growth trajectory. The upcoming Financial Analyst Meeting on September 23 will provide further insights into the company's long-term strategy and financial outlook.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Artificial intelligence (AI) has created trillions of dollars' worth of value for some of America's largest organizations over the last few years, but not every company in this booming industry has been a winner. C3.ai (AI +0.48%) stock, for instance, is down 22% in 2026 (as of the market close last Friday, Sept. 4), as investors abandon ship over the company's declining revenue and steep losses.
Last September, C3.ai's founder, Thomas Siebel, stepped down from his role as CEO to focus on his health issues. Since he played a central role in the sales and customer relationship management processes, his departure led to a sharp decline in the company's revenue.
Fortunately, Siebel returned to lead C3.ai in May, and he is determined to get things back on track. Is it time for investors to start buying the stock?
Image source: Getty Images.
A shift from AI applications to critical AI platforms Developing AI software applications from scratch can be extremely expensive, and it requires specialized technical expertise. Not every business has those resources, so they rely on service providers like C3.ai that can deliver turnkey solutions. But C3.ai's business model is changing -- it still has a portfolio of ready-made AI apps, but it's also becoming a platform provider.
The company launched the C3 Agentic AI Platform late last year, which is effectively an intelligent operating system for businesses. It gains a deep understanding of every existing entity, process, relationship, and piece of data within the enterprise, facilitating the creation of powerful agents that can automate tasks and make key operational decisions (with human permission).
One of the newest tools on the C3 Agentic AI Platform is C3 Code, an advanced programming tool that can build software based on instructions provided in plain English. In other words, it gives enterprises the ability to build their own applications at a lightning-fast pace, even if they don't have a team of world-class engineers.
C3.ai's pivot to become a platform provider is very important, because enterprise AI requires a unified whole-of-business approach. Deploying just one application isn't enough for the average enterprise to stay ahead of their competitors anymore; AI needs to be at the core of every process to maximize productivity and value.
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C3.ai expects sales to sink further C3.ai generated $250.3 million in total revenue during its 2026 fiscal year (ended April 30), a 35% decline from the previous year. The company then generated $52.4 million in revenue during its fiscal 2027 first quarter (ended July 31), a 25% year-over-year decline.
These poor results were a direct consequence Siebel's brief departure, but now that he is back on board, C3.ai's performance is expected to improve. Management's latest forecast suggests the company could deliver up to $240 million in revenue during fiscal 2027 overall, representing a much narrower year-over-year decline of 4% from fiscal 2026. Moreover, Siebel believes a return to sales growth could happen within the next two quarters.
C3.ai has completely restructured its sales department and dramatically cut costs to support its turnaround, which were necessary steps to keep its bottom line in check after its net loss soared by 63% to $470.3 million during fiscal 2026. The company still lost $92.8 million during the fiscal 2027 first quarter, but that was a 20% reduction from the year-ago result.
Plus, C3.ai was modestly free cash-flow positive to the tune of $2.1 million during the first quarter, so the bottom line is certainly trending in the right direction.
A beaten-down stock isn't necessarily a cheap stock C3.ai stock currently trades at a price-to-sales (P/S) ratio of 6.5, which is a discount to its five-year average of 9.4. However, because the company's revenue is forecast to shrink during fiscal 2027, its forward P/S ratio is actually higher than its trailing P/S ratio.
AI PS Ratio data by YCharts
In other words, C3.ai is more expensive when valued against its future financial results than it is today, which is precisely why investors typically avoid buying into shrinking businesses -- they tend to destroy shareholder value over time. However, since Siebel believes C3.ai will return to sales growth on a quarterly basis soon, this particular case might be an exception.
During the first quarter, the company experienced a 73% quarter-over-quarter increase in its gross bookings, which usually represent the value of signed contracts for services that will be delivered in the future. Bookings are often a useful predictor of revenue, so Siebel's optimism might be warranted.
With that said, it might be a good idea for investors to wait until C3.ai's sales actually return to growth before buying its stock, in order to minimize potential risks.
IAMGOLD remains a Buy with a revised $24 target, reflecting improved balance sheet strength and upcoming catalysts. Scaling down Côté's expansion reduces near-term capex by $500–$700M, with debottlenecking targeting 40,000+ tpd and further capacity under study. Essakane generates significant FCF but faces escalating royalties and cash repatriation risks due to Burkina Faso's royalty structure.
Pulmovant, a clinical-stage biotech and Roivant (NASDAQ:ROIV) company, on Tuesday shared topline data from its Phase 2 PHocus clinical trial evaluating mosliciguat for pulmonary hypertension associated with interstitial lung disease (PH-ILD).
PH-ILD occurs when scarring and inflammation in the lungs restrict blood flow through the pulmonary arteries, raising blood pressure within the lungs.
Presented at the European Respiratory Society International Congress 2026, the data highlight meaningful clinical progress in PH-ILD patients.
PHocus Trial Achieves Primary And Secondary TargetsAt Week 16, the study met its primary endpoint by demonstrating a statistically significant, placebo-adjusted pulmonary vascular resistance reduction of 56.3%, derived from a 51.3% drop in mosliciguat patients versus a 6.6% increase in placebo.
The company called it the highest ever reported PVR reduction in any randomized controlled PH trial.
Read Next
Mosliciguat also met its secondary endpoints, delivering a placebo-adjusted 35.2-meter improvement in six-minute walk distance alongside a 357.7 pg/mL drop in NT-proBNP, a key cardiac strain biomarker.
Placebo-adjusted walk distance improvements expanded to 52.7 meters, while NT-proBNP reductions reached 487.1 pg/mL, representing a 75.9% decline.
Mosliciguat was well tolerated, with cough incidence reaching just 12.1% in the treatment arm compared to 18.2% in placebo, successfully avoiding a common issue seen with inhaled prostacyclins.
Novel Mechanism Drives Phase 3 ProgramMosliciguat operates as a potential first-in-class, once-daily inhaled sGC activator that triggers sGC independently of nitric oxide or heme status.
The mechanism provides targeted pulmonary vasodilation with limited systemic side effects while potentially offering anti-fibrotic, anti-inflammatory, and anti-apoptotic benefits.
With up to 200,000 Group 3 PH-ILD patients living across the U.S. and Europe, Roivant has already initiated patient enrollment for its Phase 3 PHrontier trial.
ROIV Stock Price Activity: Roivant Sciences shares were up 17.69% at $41.11 during premarket trading on Tuesday, according to Benzinga Pro data.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +23.8% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Sezzle Inc. (SEZL - Free Report) Sezzle is a technology-enabled payments company offering a digital shopping and payments platform as an alternative to traditional credit at checkout. Formed in 2016 and launching its platform in 2017, Sezzle is headquartered in Minneapolis, MN, and primarily operates in the United States and Canada, having exited India and some European markets in recent years.
SEZL is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. SEZL has a Growth Style Score of A, forecasting year-over-year earnings growth of 46% for the current fiscal year.
Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.14 to $5.24 per share. SEZL boasts an average earnings surprise of +17.4%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, SEZL should be on investors' short list.
Brookfield Infrastructure offers a rare mix of undervaluation, ~5% yield, and 6-7% dividend growth, with 85% of revenues regulated or contracted. The BIP-BIPC unification eliminates the K-1 burden, removes the partnership discount, enhances liquidity, and is expected to catalyze near-term price appreciation. Fair value is estimated at ~$48, implying 28.5% upside from current levels, supported by both historical multiples and a dividend discount model.
Key Takeaways NuScale Power's six-module plant could produce about 250-270 metric tons of hydrogen per day.Its reactors can be built near industrial users, reducing the need to transport hydrogen long distances.NuScale Power can shift between electricity and hydrogen production while working alongside renewables. NuScale Power Corporation’s (SMR - Free Report) hydrogen opportunity comes from using its small modular reactors to produce large quantities of carbon-free hydrogen for industrial users. The advanced nuclear company has been studying this application since 2014. A NuScale plant with six reactor modules, connected to a hydrogen production system, could generate about 250-270 metric tons of hydrogen per day. This could serve industries that already use large amounts of hydrogen, including fertilizer, refining and methanol production.
A major advantage is the ability to place NuScale’s reactors close to factories that actually need hydrogen. The plants require roughly 40 acres and can operate without depending on the wider electricity grid. This could allow a facility to be built near an ammonia plant or another industrial customer, reducing the need to transport hydrogen over long distances. The same plant could also provide electricity, process heat and oxygen, giving customers several useful energy products from one site.
NuScale’s technology could also make hydrogen production more dependable and flexible. Nuclear reactors can provide a steady supply of electricity and heat, helping hydrogen facilities operate for long periods without frequent interruptions. NuScale’s reactors can also shift between producing electricity and supporting hydrogen production based on demand. They can work alongside renewable energy as well, giving industrial customers a more flexible way to meet both their power and hydrogen needs.
The hydrogen market is increasingly attracting interest as industries look for cleaner ways to meet their energy and fuel needs. Opportunities are emerging across hydrogen production, supporting equipment and infrastructure, creating multiple paths to benefit from wider adoption.
Other Companies Tapping the Hydrogen Opportunity
FuelCell Energy’s (FCEL - Free Report) hydrogen opportunity comes from technology that can produce hydrogen while generating electricity and heat. FuelCell Energy already supplies hydrogen and power to Toyota’s Long Beach site under a 20-year agreement. FuelCell Energy’s carbonate fuel cells can also produce hydrogen alongside carbon capture, which could lower the overall cost of capturing emissions. This gives the company exposure to cleaner industrial energy and hydrogen demand.
Meanwhile, Plug Power (PLUG - Free Report) is building its hydrogen opportunity around both hydrogen production plants and electrolyzers, which are machines to produce hydrogen. Plug Power has hydrogen plants in Georgia, Louisiana and Tennessee with 40 tons-per-day of combined designed capacity. Plug Power is also advancing electrolyzer projects in Portugal, Spain and the U.K., while pursuing larger opportunities in Canada and Uzbekistan, including green ammonia and sustainable aviation fuel applications.
The Zacks Rundown on NuScale Power
Shares of SMR have lost more than 20% over the past six months.
Image Source: Zacks Investment Research
NuScale Power currently has an average brokerage recommendation of 2.58 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 19 brokerage firms.
Image Source: Zacks Investment Research
See how the Zacks Consensus Estimate for SMR’s earnings has been revised over the past 90 days.
Image Source: Zacks Investment Research
The company currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
A stock that just hit a 52-week low doesn't usually need much to bounce. NuScale Power (SMR +15.26%) found that out in August, gaining 10.1% during the month according to data provided by S&P Global Market Intelligence, after a brutal July.
Has the nuclear energy stock bottomed out, and should investors buy it while they still can amid the artificial intelligence (AI) power crunch?
Image source: Getty Images.
NuScale's Q2 revenue plunged 99% The biggest single-day pop came around Aug. 25 when NuScale announced plans to roll out nuclear-specific AI tools built with Nuclearn and NPX's AtomAssist platform. Early testing showed a cut of up to 80% in the time it takes engineers to find key design information.
Simply put, NuScale, which is developing small modular reactors (SMRs), plans to use custom nuclear AI to sift through mountains of technical documents and regulatory rules to extract data quickly. That should mean quicker decisions and no costly project delays as a reactor moves from design to deployment.
Earlier in the month, though, the news was nowhere near as flattering. NuScale kicked off August by reporting revenue of only $75,000 for the second quarter, down 99 % from $8 million a year earlier.
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The slump wasn't really about business erosion. It was a job ending, as NuScale finished front-end engineering design work on a project in Romania. The company doesn't have anything meaningful yet to replace that revenue with. It also continues to incur big losses and burn cash.
Should you buy NuScale Power stock now? NuScale ended Q2 with $1.9 billion in cash and investments, up $900 million from Q1. On Aug. 11, it filed to sell another $750 million in shares. That's more stock dilution, and a bet that only pays off if NuScale can sign a power purchase agreement (PPA) before investors run out of patience.
That's the single biggest development investors are waiting for, as commercial execution remains unproven. NuScale has the regulatory head start as its SMR design is already approved by the U.S. Nuclear Regulatory Commission.
The AI boom has created an insatiable demand from hyperscalers and data centers for massive, uninterrupted, carbon-free energy. NuScale's certified SMR design puts it in a prime position to meet that need, but commercial execution remains unproven with its first operational reactor still years away.
Until its commercial development partner, ENTRA1 Energy translates non-binding framework agreements into signed PPAs and turns regulatory milestones into concrete factory orders, NuScale Power stock will keep trading on pure speculation rather than revenue or earnings visibility.
Shares of NuScale Power (SMR +15.26%) have fallen roughly 70% over the past year. Today, it trades around $9.70, making it look a lot more interesting relative to its 52-week high of $ 57.42. But I'm still not a buyer. Not until it gets closer to around $7 a share. Let me explain.
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To be sure, NuScale has a lot going for it. Its 77-megawatt small modular reactor design received approval from the Nuclear Regulatory Commission in 2025, and the company has assembled a supply chain of more than 60 specialized partners. That's a big deal given what it takes to build a nuclear power company from scratch.
Then there's the company's commercialization partner, ENTRA1 Energy, which is working with the Tennessee Valley Authority (TVA) on a potential deployment of up to 6 gigawatts of NuScale reactors. That could eventually involve 72 NuScale modules and would be one of the largest nuclear energy deployments in U.S. history.
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None of this is trivial, but the problem is that it's still only a potential scenario. ENTRA1 and TVA haven't signed a definitive power purchase agreement. Meanwhile, NuScale isn't really generating any meaningful commercial revenue yet. Revenue in the second quarter was only about $75,000. Indeed, the stock remains highly speculative.
The balance sheet is strong Despite the speculation, NuScale finished June with approximately $1.9 billion in cash, cash equivalents, and investments. That's an enormous cushion for a nuclear energy company at this stage of development. Although shareholders paid for some of it.
During the first six months of 2026, NuScale sold nearly 89.7 million shares through an at-the-market offering, raising about $985 million after expenses. That's significant dilution, and investors shouldn't assume additional capital raises are off the table forever.
At roughly $9.70, NuScale still carries a market capitalization of around $4 billion. That's difficult for me to justify for an energy company with almost no revenue and no binding order for its first major commercial nuclear power project.
Why I'd buy at $7 At $7 per share, NuScale would be roughly another 28% below today's price and slightly below its current 52-week low of $7.21. I'd start with a small position there. Not because $7 magically makes NuScale cheap. It doesn't. But it gives me a better margin of safety while still providing enormous upside if the TVA project becomes real. There's also a scenario where I'd buy above $7.
If ENTRA1 signs a binding agreement with TVA and NuScale finally has a clear path toward deploying dozens of reactors, I'd be willing to pay more because the risk would have changed. The bottom line is that at $7, I'm interested. Below $6, I'd get much more aggressive.
Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR – Get Free Report) and DHT (NYSE:DHT – Get Free Report) are both energy companies, but which is the better business? We will compare the two businesses based on the strength of their risk, earnings, profitability, dividends, valuation, analyst recommendations and institutional ownership.
Earnings and Valuation This table compares Petroleo Brasileiro S.A.- Petrobras and DHT”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Petroleo Brasileiro S.A.- Petrobras $104.23 billion 1.29 $19.63 billion $3.96 5.26 DHT $498.40 million 6.72 $211.09 million $2.94 7.07 Petroleo Brasileiro S.A.- Petrobras has higher revenue and earnings than DHT. Petroleo Brasileiro S.A.- Petrobras is trading at a lower price-to-earnings ratio than DHT, indicating that it is currently the more affordable of the two stocks. Dividends Petroleo Brasileiro S.A.- Petrobras pays an annual dividend of $0.42 per share and has a dividend yield of 2.0%. DHT pays an annual dividend of $4.88 per share and has a dividend yield of 23.5%. Petroleo Brasileiro S.A.- Petrobras pays out 10.6% of its earnings in the form of a dividend. DHT pays out 166.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Insider & Institutional Ownership 58.5% of DHT shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Profitability This table compares Petroleo Brasileiro S.A.- Petrobras and DHT’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Petroleo Brasileiro S.A.- Petrobras 24.52% 30.61% 10.94% DHT 65.52% 39.40% 28.63% Risk and Volatility Petroleo Brasileiro S.A.- Petrobras has a beta of 0.32, meaning that its share price is 68% less volatile than the S&P 500. Comparatively, DHT has a beta of -0.09, meaning that its share price is 109% less volatile than the S&P 500.
Analyst Recommendations This is a breakdown of current ratings and recommmendations for Petroleo Brasileiro S.A.- Petrobras and DHT, as reported by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Petroleo Brasileiro S.A.- Petrobras 0 2 5 0 2.71 DHT 0 2 3 0 2.60 Petroleo Brasileiro S.A.- Petrobras presently has a consensus target price of $19.48, indicating a potential downside of 6.55%. DHT has a consensus target price of $19.33, indicating a potential downside of 7.02%. Given Petroleo Brasileiro S.A.- Petrobras’ stronger consensus rating and higher probable upside, equities research analysts clearly believe Petroleo Brasileiro S.A.- Petrobras is more favorable than DHT.
Summary Petroleo Brasileiro S.A.- Petrobras beats DHT on 8 of the 15 factors compared between the two stocks.
(Get Free Report)
Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries. The Refining, Transportation and Marketing segment engages in the refining, logistics, transport, acquisition, and exports of crude oil; and production of fertilizers, as well as holding interests in petrochemical companies. The Gas and Power segment is involved in the logistic and trading of natural gas and electricity; transportation and trading of LNG; generation of electricity through thermoelectric power plants; renewable energy businesses; low carbon services; and natural gas processing business, as well as production of biodiesel and its co-products. The company also engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields, and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons. In addition, it engages in research, development, production, transport, distribution, and trading of energy. Petróleo Brasileiro S.A. – Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil.
About DHT (Get Free Report)
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. The company also offers technical management services. As of March 15, 2024, it had a fleet of 24 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.
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Nebius targets $3.0-$3.4 billion 2026 revenue and a $7-$9 billion exit run rate as AI capacity expands. Connected power could reach 800 MW-1 GW by year-end, while contracted power targets have increased substantially to 5 GW. Customer prepayments may exceed $9 billion in 2026, with recent contracts covering roughly 50%-60% of associated infrastructure CapEx.
Buy NBIS. The Palantir “preferred sovereign AI infrastructure” deal is a credibility shock that should pull in more enterprise workloads, and management is already capacity-constrained (sold out for the year, selling 2027 capacity). The chart confirms trend strength (above the 50-day MA, inverted head-and-shoulders) with a clear path: reclaim/hold $250, then push toward $300 and $312 if resistance breaks.
Key Risk: Palantir’s partnership doesn’t translate into incremental revenue fast enough, and the stock sells off on dilution/cash burn fears.
CoreWeave (CLOV) / IREN (IREN) neocloud sympathy
Buy CLOV and IREN as a basket. Nebius is moving with the same “neocloud” tape (CoreWeave and IREN cited as mirroring performance). If Palantir is standardizing sovereign AI infrastructure, the second-order effect is more procurement across the whole GPU cloud peer group, lifting sentiment and order flow beyond just Nebius.
Key Risk: The move is purely Nebius-specific (no broader customer shift), and the market rotates out of neoclouds after the initial headline fades.
Nebius stock surged by over 10% today, September 8, continuing a recovery that started on Tuesday last week when it bottomed at $194.76. It jumped to a high of $250, its highest level since August 18 this year, mirroring the performance of other neocloud companies like CoreWeave and IREN.
NBIS stock went parabolic after the company announced a major partnership with Palantir, one of the biggest software players in the industry.
In a statement, Palantir said that it will use Nebius as its preferred sovereign AI infrastructure partner. As part of this deal, Palantir will bring Nebius compute and inference endpoints inside Palantir enterprise perimeter.
This means that Palantir customers will have access to Nebius’s cloud and inference infrastructure. Alex Karp, Palantir’s CEO, said:
“Nebius’ compute infrastructure powers your ability to run your own AI models under conditions you control. Our ontology and their infrastructure will undergird the sovereignty our partners are demanding.”
Palantir joins a long list of customers who are using Nebius services. Some of the most notable ones are Microsoft, Meta Platforms, Cloudflare, and Revolut. Its demand is so high such that the management insisted that it was fully sold out for the year, and that it was in a position to sell its 2027 capacity today.
READ MORE: Michael Burry shorts Nebius stock: Is it a buy or sell before earnings?
The most recent results showed that Nebius Group’s revenue growth continues growing, with the management expecting it to keep growing. Its revenue surged by 454% in the second quarter to $582 million, with its six-month figure rising to $981 million.
The challenge, however, is that this growth is coming at a cost. For example, its depreciation and amortization rose from $75 million in the second quarter of last year to over $259 million. This is a big number, which means that its D&A is about 44% of the total revenue.
The company’s capital expenditure continued growing, reaching over $5.7 billion as it continues to spend. It is funding its spending through borrowing and using customer prepayments. In its statement, the management said that it expected to receive about $9 billion in customer prepayments.
Worse, the company has funded its capital expenditure through share sales. It sold 12.7 million shares through June, raising $2.8 billion in cash. It has about 13 million in outstanding shares that it can sell. This explains why it has a short interest of about 20%.
NBIS stock chart | Source: TradingView
The daily chart shows that the NBIS stock has soared in the past few days, moving from a low of $194.76 last week to a high of $245. A closer look shows that it has already crossed the 50-day moving average and formed an inverted head-and-shoulders pattern. These technicals are usually high bullish.
Nebius is attempting to move above the Major S/R pivot point of the Murrey Math Lines tool at $250. Therefore, the most likely scenario is where it continues rising, potentially to the strong pivot reverse level of $312. This view will be confirmed if it crosses the resistance at $300.
Nebius Group NV (NASDAQ:NBIS) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.
On September 8 at 10:20AM EST, NBIS triggered a Power Inflow signal at a price of $238.59. NBIS’s price in the opening hour of trading had been mostly stagnant, even dropping slightly prior to the signal. At the time of the signal, and then thereafter, both retail and institutional trading interest in NBIS shifted toward the buy side, leading to an immediate rise in the stock price, eventually reaching a post-alert high of $254.74 as of 2:00PM EST. This Power Inflow signal is intended to be a bullish indication of institutional and retail interest, highlighting where traders may be entering the market for the stock.
Understanding the Power Inflow Signal
The Power Inflow alert is a proprietary signal developed and provided by TradePulse. Issued within the first two hours of the trading day, the alert highlights moments when there is a significant shift in order flow, specifically indicating a strong trend toward buying activity. This suggests a higher probability of bullish price movement for the remainder of the trading day, making it a potentially strategic and opportune entry point for active traders.
Order flow analytics examine real-time buying and selling behavior by analyzing volume, timing, and order size across both retail and institutional participants. These insights provide a deeper understanding of price action and market sentiment, allowing traders and institutions to make more informed decisions.
NBIS Performance
At the time of the Power Inflow alert, NBIS was trading at $238.59. Following the signal:
• Intraday High As Of 2:00PM EST: $254.74 (+6.77%)
Today’s Power Inflow alert on NBIS illustrates a clear example of how real-time order flow analytics can uncover bullish momentum, particularly during periods when price action appears stagnant or even declining. Traders who bought NBIS shortly after the Power Inflow signal could have captured an immediate and substantial intraday gain, emphasizing the advantage of closely monitoring order flow data. These short-term gains further highlight the value of order flow analytics in identifying bullish intraday momentum and potential price reversals.
This article is for informational purposes only and does not constitute financial advice, investment recommendations, or a solicitation to buy or sell securities. The analysis is based on stock order flow data, but accuracy is not guaranteed. Investing involves risk, including possible loss of principal, and past performance is not indicative of future results. Please consult a licensed financial advisor before making any investment decisions.
Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.
NBIS is signing multiyear AI-cloud contracts exceeding $1 billion on average, supported by strong demand for GPU capacity and attractive contract economics. Customer prepayments cover 50% to 60% of associated capacity capex, improving cash conversion and reducing capital payback periods. Nebius charges $7.15 per hour for B200 capacity, above the broader market benchmark, while short-duration capacity can earn materially higher revenue per megawatt of capacity.
Key Takeaways RDW is accelerating phased-array antenna development for dynamic beam steering and higher data throughput.RDW builds on existing RF capabilities, including tactical antennas and space-based Link-16 demonstrations.RDW has delivered more than 200 flight antennas while upgrading its RF flight electronics facilities. Redwire Corporation (RDW - Free Report) is expanding its focus on military communications with a strategic investment in next-generation phased-array antenna technology. In August 2026, the company announced the investment to accelerate the development and production of phased-array antenna systems designed for communications across low Earth orbit (LEO), medium Earth orbit (MEO) and geostationary orbit (GEO). The systems are expected to support dynamic beam steering, stronger link reliability and higher data throughput for warfighter communications.
The investment builds on Redwire’s existing radio frequency (RF) capabilities. The company already provides tactical connectivity antennas and RF payloads, including antennas used on the Proliferated Warfighter Space Architecture. Redwire also previously demonstrated a Link-16 signal transmission from space to ground, supporting the exchange of tactical data across military platforms.
Phased-array technology could give RDW another opportunity to participate in the expansion of distributed military satellite networks. Its ability to support multiple orbital environments could broaden the applications of its RF portfolio as defense customers seek communications systems capable of operating across increasingly complex space architectures. Redwire’s RF Systems group also supplies tactical communications and sensing payloads to major aerospace and defense companies, giving the company an established channel for deploying these technologies.
The investment could strengthen Redwire’s position in space-based communications while creating opportunities to expand its role across national security programs. With more than 200 flight antennas already delivered and a major upgrade to its RF flight electronics assembly facilities, RDW is building on an existing technology base rather than entering the market from scratch.
Companies Advancing Phased-Array Defense CommunicationsGrowing demand for resilient military communications is encouraging aerospace and defense companies to advance phased-array technologies for satellite and other contested communications applications. Viasat Inc. (VSAT - Free Report) and Northrop Grumman Corporation (NOC - Free Report) are also developing capabilities that support secure and resilient communications across defense applications.
Viasat develops active electronically scanned array technologies designed to support multi-band and multi-orbit satellite communications, aligning with the broader push toward flexible and resilient military connectivity.
Northrop Grumman works on SATCOM ground systems and phased-array antenna technologies that assist in military communications, providing another example of how advanced antenna architectures are being integrated into defense networks.
Earnings Estimates for RDW StockThe Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests a year-over-year growth of 57.32% and 40%, respectively.
Image Source: Zacks Investment Research
RDW Stock Is Trading at a PremiumRedwire is trading at a premium relative to the industry, with a forward 12-month price-to-sales of 4.96X compared with the industry average of 2.36X.
Image Source: Zacks Investment Research
RDW Stock Price PerformanceOver the past six months, RDW shares have risen 9.1% against the industry’s 15.1% fall.
Image Source: Zacks Investment Research
RDW’s Zacks RankRedwire currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Rigetti Computing (RGTI +4.01%) were moving higher today after the quantum computing company secured $100 million in CHIPS Act funding, along with quantum peer D-Wave Quantum, showing the sector becoming the latest to receive interest from the federal government, which had previously taken stakes in chip stocks like Intel and GlobalFoundries.
As of 9:54 a.m. ET, Rigetti Computing stock was up 7.9% after gaining as much as 12.2% earlier in the morning.
Image source: Getty Images.
Rigetti gets CHIPS Act funding In a press release this morning, Rigetti said that it had signed an agreement with the Department of Commerce for a $100 million award to accelerate R&D to scale and advance superconducting quantum computers.
The value of the government's stake is unclear, as the release just said that the Dept. of Commerce will receive a minority, non-controlling equity stake in the company. Rigetti currently has a market cap of around $5 billion, so taking the investment at face value would equal a stake of about 2% for the government.
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What's next for Rigetti Rigetti is still barely generating revenue, reporting $5.1 million in revenue in the second quarter, and quantum computing remains an emerging technology.
Still, the interest from the government is clearly a positive for Rigetti and its peers. While that funding won't make it a viable business, it should help it advance its research and bring it closer to generating meaningful revenue. Still, the stock is speculative until it can get to that point.
Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Globalfoundries and Intel. The Motley Fool has a disclosure policy.
Quantum computing technology could be the next big innovation after artificial intelligence.
*Stock prices used were the afternoon prices of Sept. 5, 2026. The video was published on Sept. 7, 2026.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends IonQ. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
The U.S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing, and Quantinuum with a combined $300 million CHIPS Act deal that funds the three companies to scale quantum-computing research.
The Commerce Department just took equity stakes in two quantum computing companies, and the fine print on that government ownership may matter more to long-term investors than today's share price pops.
Quantum computing stocks are rallying this morning after the U.S. Commerce Department finalized CHIPS Act funding awards that hand the government minority, non-controlling equity stakes in each recipient. The catalyst applies to multiple funded names, but the wider quantum-computing sector is barely participating.
The Defiance Quantum ETF (NASDAQ:QTUM) is up 1%. Meanwhile, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.12%, so the sector fund and the broad tape both sit close to flat while the two recipients jump.
Rigetti Computing (NASDAQ:RGTI) stock is up 6% to $16.13 in early trading. Also, D-Wave Quantum (NYSE:QBTS) stock is climbing 5% to $17.46 on matching terms. Peer quantum stocks IonQ (NYSE:IONQ | IONQ Price Prediction) and Quantum Computing Inc. (NASDAQ:QUBT) are trading higher alongside these names.
Commerce Locks In Equity Stakes Rigetti signed a definitive agreement with the Commerce Department for $100 million to accelerate superconducting quantum research and development, allocated under the CHIPS Act. The funding covers three specific projects: miniaturized readout electronics, a new cryostat architecture to expand cryogenic capacity, and fabrication for high-connectivity chip architectures.
D-Wave finalized an award on the same $100 million terms, also carrying a minority, non-controlling government equity stake, according to Rigetti. The structure builds on the letters of intent Commerce outlined in May, when it announced $2.013 billion across nine quantum companies including two foundries and seven system developers. On the Q2 2026 call, Rigetti CEO Subodh Kulkarni stated, “The overall goal of this $100 million is to accelerate our roadmap.”
Two Quantum-Computing Stocks Outpace the Others The awards fund research runway against the scaling problem, and the equity condition attaches dilution to the validation. That trade-off helps explain why the Defiance Quantum ETF is barely budging even as the recipients jump. Rigetti’s superconducting roadmap targets roughly 1,000-qubit systems with 99.9% two-qubit gate fidelity over about three years, while D-Wave’s annealing roadmap targets 20,000 qubits by 2029 and 100,000 qubits by 2031.
IonQ stock is rising on its own catalyst. The company raised its full-year 2026 revenue guidance to $280 million to $290 million after closing its SkyWater Technology acquisition, and it hosts an investor day at the New York Stock Exchange later today. Quantum Computing Inc., a photonics-focused peer with a $42.5 million contract backlog as of June 30, received no Commerce award.
Year-to-Date Scorecard Ticker Session Move Year to Date RGTI up 6% down 26% QBTS up 5% down 33% The year-to-date figures show the market has been discounting both funded names all year. Rigetti stock is down 26% year to date, and D-Wave stock is down 33%, so today’s pop restores only a fraction of the ground lost since December. Both companies still carry heavy cash cushions, with Rigetti at roughly $541 million and D-Wave at about $546 million at the end of Q2 2026.
What to Watch Next Shareholders can watch for the milestone schedule tied to Rigetti’s disbursement and any equivalent detail on D-Wave’s award. Both determine how quickly the government capital converts into hardware progress against Rigetti’s 1,000-qubit target and D-Wave’s 20,000-qubit annealing target.
Traders may want to check for headlines out of IonQ’s investor day this afternoon, which could shift how the cluster trades into the close. Investors sizing their positions should weigh the dilution attached to the government stake against the multi-year research runway it funds. Keeping their exposure moderate makes sense given how volatile these names have been all year.
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Rising losses, weak revenue conversion and lofty valuation offset D-Wave Quantum's strong bookings and production adoption, putting the company under pressure.
D-Wave Quantum (QBTS +6.57%) signed a definitive agreement with the U.S. Department of Commerce today, giving it access to "up to $100 million" in funding under the U.S. CHIPS and Science Act.
D-Wave stock took off like a rocket on the news, soaring 9% through 10:50 a.m. ET Tuesday.
Image source: Getty Images.
What it means for D-Wave Quantum Company CEO Dr. Alan Baratz said the $100 million will be used to help "scale, commercialize and manufacture ... domestic quantum capabilities," including by "strengthening the underlying supply chain" for building quantum computers.
In exchange for giving D-Wave this boost, the company says the U.S. Department of Commerce "will receive a minority, non-controlling equity stake in D-Wave." The exact amount of the stake has not been revealed. Still, given the company's $6.7 billion market capitalization, a $100 million grant might be expected to result in the government taking perhaps a 1.5% equity stake in the company.
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What it means for other quantum stocks It's important for investors to note, however, that Commerce hasn't settled upon D-Wave as a sort of "national champion" in quantum computing -- or at least not its only champion. Rival quantum computing companies Quantinuum (QNT +1.65%) and Rigetti Computing (RGTI +4.01%) also won similar $100 million awards under the CHIPS Act today, and both those stocks are up more than 5% on the news. GlobalFoundries (GFS -0.27%) -- a more general semiconductor company and larger in both market capitalization and revenue than any of the pure-play quantum stocks -- received the largest CHIPS Act award of all: $375 million.
That's more money than the three pure-play quantum companies received -- combined. If there's a national champion in this group, it's probably GlobalFoundries, not D-Wave Quantum.
Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Globalfoundries. The Motley Fool has a disclosure policy.
The U.S. government is taking minority stakes in three quantum computing companies in exchange for CHIPS and Science Act funding. Investors are cheering the move.
Commerce receives a minority, non-controlling stake in each as a condition of the funding Summary
D-Wave and Rigetti each signed for $100 million, with Commerce taking stock in return.
D-Wave Quantum Inc. QBTS rose 5.73% premarket and Rigetti Computing Inc. RGTI 6.78% after both signed definitive agreements with the U.S. Department of Commerce under the CHIPS and Science Act. D-Wave gets access to up to $100 million, converting a letter of intent signed in May. Rigetti was also awarded $100 million allocated under the CHIPS Research and Development Office Broad Agency Announcement.
The Department of Commerce takes a minority, non-controlling equity stake in each company. Both also list dilution to existing stockholders among the risks attached to the deal, alongside the possibility that Commerce terminates the agreement or that the companies miss project milestones and never see the full disbursement.
D-Wave is building toward a 100,000-qubit annealing system and a 10,000-qubit gate-model machine designed to support 100 logical qubits running more than a million operations. Rigetti has three projects, shrinking readout electronics into a miniaturized package, expanding cryogenic capacity through a new cryostat architecture, and developing fabrication for high-connectivity chip designs. Rigetti CEO Subodh Kulkarni said the work "gives us the opportunity to transform the industry."
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of D-Wave Quantum Inc. (“D-Wave” or the “Company”) (NASDAQ: QBTS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether D-Wave and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On August 6, 2026, D-Wave reported its financial results for the second quarter of 2026. Among other items, D-Wave issues revenue of only $3.08 million, compared to $3.1 million for the same period in the prior year, and missing analyst expectations in the range of $4.03 million to $4.08 million.
On this news, D-Wave’s stock price fell $1.99 per share, or 9.28%, to close at $19.41 per share on August 6, 2026.
Then, on August 25, 2026, D-Wave issued a press release “announc[ing] that John Markovich is retiring and thus resigning from his position as Chief Financial Officer effective September 2, 2026.”
On this news, D-Wave’s stock price fell $1.84 per share, or 9.51%, to close at $17.51 per share on August 26, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Quantum computing has gone from a pipe dream to a sector the market believes could become reality, perhaps more quickly than initially expected.
Quantum computers are built on qubits in a constant state of superposition that can process much more data than traditional computers and explore many answers simultaneously. Experts believe quantum computing will one day be much more capable than even the most advanced supercomputers available today, and also that the technology could be commercialized.
This has excited investors in the age of artificial intelligence (AI), where just about anything seems possible from a technical perspective. While the prospects are certainly quite intriguing, three quantum computing stocks have issued Wall Street a $63 million warning this year that is hard to ignore.
Image source: Getty Images.
Quantum is exciting, but not yet front and center Three of the main quantum computing stocks that have burst onto the scene in recent years are Rigetti Computing (RGTI +4.01%), IonQ (IONQ +2.40%), and D-Wave Quantum (QBTS +6.57%). Betting big on these stocks in late 2024 made investors a ton of money.
Data by YCharts.
These stocks traded much higher in the middle and toward the end of 2025 and have since sold off from their highs. While seemingly in the same arena as AI, I would argue that quantum computing is a tougher sell.
That's because people can work with AI every day right now and even see things like autonomous driving and AI-powered robots online, if not in the real world. Even if the technology still has kinks, investors can see the potential right in front of their eyes.
Quantum computing is different because the computers aren't commercialized, so ordinary people can't use them yet. While you hear about their potential use cases and that venture capital and patents for quantum have accelerated in recent years, it's still not in front of your face and feels very much theoretical.
The warning: Insiders aren't buying much quantum-related stock Wall Street has also seen a major warning, as insiders at prominent quantum companies such as Rigetti, IonQ, and D-Wave Quantum have been selling a lot of stock.
Insider sales are those made by key C-suite executives, such as the president, CEO, and CFO, members of the board of directors, and investors with over a 10% stake in the company. Sales among these three companies this year alone have surpassed $63 million.
D-Wave Quantum: $39.4 million Rigetti: $22.9 million IonQ: $1.02 million Interestingly, there have been virtually no insider stock purchases this year. In fact, the only open-market buy was from one director at IonQ, who purchased over $115,000 of stock in February.
Now, insider selling doesn't necessarily mean the people selling their stock are bearish on the company. Insiders sell stock all the time for the simple reason that they need the money. However, the level of insider selling, coupled with the low level of insider buying, is a warning that's hard for Wall Street to ignore.
Additionally, insider ownership among these three companies is overall weak, according to proxy reports from April that show collective ownership among current executive officers and board directors, as a percentage of outstanding common stock:
D-Wave Quantum: 1.3% Rigetti: 1.6% IonQ: Less than 1% Why insiders are likely selling While nobody will ever know exactly why insiders and board members are selling so much stock and not buying, I think a fair assumption is that the market has probably gotten ahead of itself on quantum.
Now, that doesn't mean quantum won't work, but it does make the risk-reward proposition much less attractive.
Rigetti trades at a market cap of over $5 billion; D-Wave Quantum over $6 billion; and IonQ over $15 billion, yet all three of these companies are not profitable and don't even make that much revenue relative to their market caps.
Data by YCharts.
All three trade at massive forward sales multiples, and insiders may be aware that even if quantum works down the line, these stocks could still experience a significant pullback before that.
This is what investors need to realize. Yes, if quantum computing is commercialized, all three of these stocks are likely to go much, much higher. But that's still a big if, as the sector faces many challenges. If quantum doesn't pan out as expected or takes far too long, these stocks could get hammered.
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has received an undefinitized contract award from Lockheed Martin, valued at $4.7 billion over seven years, to produce propulsion systems for the PAC-3® Missile Segment Enhancement (MSE) interceptor. The multi-year contract is L3Harris' largest PAC-3 propulsion award to date, which aligns with the long-term framework agreement established with the Department of War. “Receiving this contract at unparalleled speed allows us to co.
IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or the “Company”), one of the leading global franchisors of boutique health and wellness brands, today announced the appointment of Jennifer Ryu as Chief Financial Officer, effective as of October 19, 2026, following the previously announced search process. Ms. Ryu will succeed Robert Julian, who has served as interim Chief Financial Officer since March 2026. Mr. Julian will remain a consultant to the Company t.
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Toronto-Dominion Bank (TD - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Toronto-Dominion Bank is one of 873 companies in the Finance group. The Finance group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Toronto-Dominion Bank is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for TD's full-year earnings has moved 1.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, TD has moved about 29.1% on a year-to-date basis. Meanwhile, stocks in the Finance group have gained about 8.6% on average. As we can see, Toronto-Dominion Bank is performing better than its sector in the calendar year.
Another Finance stock, which has outperformed the sector so far this year, is California BanCorp (BCAL - Free Report) . The stock has returned 17.3% year-to-date.
For California BanCorp, the consensus EPS estimate for the current year has increased 4.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Toronto-Dominion Bank belongs to the Banks - Foreign industry, a group that includes 85 individual stocks and currently sits at #68 in the Zacks Industry Rank. Stocks in this group have gained about 21.6% so far this year, so TD is performing better this group in terms of year-to-date returns.
California BanCorp, however, belongs to the Banks - Southwest industry. Currently, this 20-stock industry is ranked #95. The industry has moved +10% so far this year.
Going forward, investors interested in Finance stocks should continue to pay close attention to Toronto-Dominion Bank and California BanCorp as they could maintain their solid performance.
SHENZHEN, CHINA - JULY 23: In this photo illustration, a smartphone displays the logo of Applied Digital Corporation (NASDAQ: APLD), an American company focused on designing, developing and operating digital infrastructure for high-performance computing and artificial intelligence applications, in front of a screen showing the company's latest stock market chart on July 23, 2026 in Shenzhen, Guangdong Province, China. (Photo illustration by Cheng Xin/Getty Images)
Getty Images
This article was written by Doug Nathman, with research by his team at Trefis.
Applied Digital (APLD) has declined 44.3% during the last three months as the S&P 500 returned 1.4%, and, at roughly $26.50, the stock is currently around half its 52-week high. Yet it trades at 13.1 times sales against 3.2 for the S&P 500. Both statements are simultaneously true because the share price has little connection to the business visible today.
Why Does Applied Digital Continue To Seem Expensive?Begin with what is operational. Trailing twelve-month revenue stood at $0.6 billion, and, according to management, the fiscal Q4 2026 HPC data center financials mainly reflect only the first 100 megawatts brought online at Polaris Forge 1, with another 75 megawatts delivered there afterward. Contracted critical IT load across its campuses totals 1.41 gigawatts.
Compare that with $36 billion in contracted long-term lease value, rising from $7 billion a year earlier. That backlog is what you are paying for. The underlying business is expanding quickly, while the income statement remains a construction site with only the first meters operating.
Can Applied Digital Truly Build All Of It?Management identifies two limitations: when utility power becomes available and its internal supply chain. It has quantified the latter at roughly 700 megawatts of critical IT load annually, compared with a 1.5 gigawatt build it has contracted to complete within a couple of years. By its own acknowledgment, that slightly exceeds its limit.
The track record suggests otherwise. The first Polaris Forge 1 building required about 24 months from construction commencement to service, while the second took under 12. Management states that every one of its construction projects is currently on time and on budget.
The power needed to enable the next phase lies further ahead. The company’s arrangement with Base Electron encompasses roughly 1.2 gigawatts of natural gas-fired generation in the Dakotas, with that initial capacity arriving in 2029 and 2030.
What Happens If The Schedule Slips?You finance the gap while it persists, using the balance sheet instead of earnings. Operating margin is sharply negative at -35.1%, versus 18.5% for the S&P 500, meaning the company overall still loses money from operations. Debt stands at 71.6% of market value compared with 19.8% for the market, although cash represents 16.0% of total assets versus 6.6%.
A pricing issue sits beneath the backlog. The three latest leases, spanning 810 megawatts, prompted analyst questions about yields lower than peers, while management says its lease rates are toward the upper end of the range for comparable transactions and have risen since those talks. Roughly $20 billion of the $36 billion originated from those three, each signed with the same high investment-grade hyperscaler.
The next meaningful indicator is whether the two expansion leases under negotiation, approximately 100 and 150 megawatts, are completed at the materially higher rates management anticipates.
So, what are you purchasing? A substantial contracted revenue stream, a construction program progressing slightly ahead of the company’s stated capacity, and an income statement that will not determine which prevails for another year or two. Notably, though, given the stock’s nearly 90% twelve-month return and a 35% three-month decline, this is a rather volatile bet.
Applied Digital Corp (APLD) Stock Up 7.4% but GF Value Says Overvalued -- GF Score: 48/100 On September 08, 2026, Applied Digital Corp APLD shares rose 7.4% to a current price of $28.31. This price is within a 52-week range that saw a high of $50.73 and a low of $13.92.
GF Value™ verdict: Current price is $28.31 vs GF Value of $19.66, indicating a 44.0% overvaluation. GF Score™ of 48/100, suggesting average overall performance. Most notable signal: Insiders sold $24.3M worth of stock over the past 12 months without any buying activity. Is APLD Overvalued or Undervalued? Applied Digital Corp APLD appears to be significantly overvalued based on its current price of $28.31 compared to the GF Value™ estimate of $19.66. This represents a considerable margin of safety for potential investors, as the stock is trading at a 44% premium to its estimated fair value. The GF Valuation label indicates that the stock is significantly overvalued, which raises risks for investors considering entry points based solely on recent price movements.
GF Value™ is GuruFocus' proprietary intrinsic-value estimate developed from historical trading multiples, past business growth, and future performance projections. Given that APLD is currently unprofitable and cash-flow negative, traditional earnings-based valuations like Price-to-Earnings (P/E) ratios do not apply effectively here, making the P/S ratio a more relevant metric for assessing valuation.
How Does APLD's Valuation Compare to Its History? The analysis of APLD's historical valuation is complicated due to the absence of available P/E data, as the company is not generating a profit. Therefore, a direct comparison to its own 5-year median P/E and forward P/E is not applicable. Instead, the focus on Price-to-Sales (P/S) ratios may provide a clearer picture of valuation against the industry median of ~9.6x, highlighting the risks associated with its current price level.
What Does APLD's GF Score™ Tell Us? GF Score™ assesses a company's performance across several dimensions such as financial strength, profitability, growth, valuation, and momentum. APLD's GF Score™ of 48/100 indicates that the company is performing at an average level overall, with notable strengths and weaknesses across its sub-ranks.
Metric Rating GF Score™ 48/100 Financial Strength 3/10 Profitability 1/10 Growth 0/10 Valuation 5/10 Momentum 10/10 These scores highlight that APLD's strongest area is its momentum rank of 10/10, indicating strong recent price performance. However, the company faces significant challenges in profitability (1/10) and growth (0/10), which are critical factors for long-term sustainability and investor confidence.
What Are Gurus and Insiders Doing with APLD? Currently, six gurus hold shares in APLD, with four adding to their positions and three trimming their holdings in recent quarters. This mixed activity provides a nuanced view of guru sentiment towards APLD, suggesting cautious optimism among some investors.
However, insider activity presents a more concerning picture, as insiders have sold $24.3 million worth of stock over the past 12 months without any buying. This selling may signal a lack of confidence in the company’s near-term prospects, which is an important consideration for potential investors.
What This Means for Investors In summary, Applied Digital Corp APLD appears to be overvalued at its current price of $28.31 according to GF Value™, which places its fair value at $19.66. The significant gap between the current price and the estimated fair value, coupled with the concerning insider selling activity, suggests that investors should approach this stock with caution. For further details, visit the Applied Digital Corp (APLD) stock page for a comprehensive analysis.
Frequently Asked Questions What is APLD's GF Score™?
APLD has a GF Score™ of 48/100, which indicates average overall performance relative to other companies.
Is APLD overvalued or undervalued?
APLD is currently overvalued, with a GF Value™ estimate of $19.66 compared to its current price of $28.31.
What is APLD's P/E ratio?
APLD does not have a P/E ratio available due to its unprofitability, making traditional earnings-based valuation challenging.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Public Employees Retirement System of Ohio acquired a new stake in shares of Rogers Communication, Inc. (NYSE:RCI – Free Report) (TSE:RCI.B) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 42,908 shares of the Wireless communications provider’s stock, valued at approximately $1,395,000.
Other large investors also recently bought and sold shares of the company. Invesco Ltd. boosted its position in Rogers Communication by 52.3% during the 2nd quarter. Invesco Ltd. now owns 934,712 shares of the Wireless communications provider’s stock valued at $27,724,000 after acquiring an additional 321,124 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Rogers Communication by 52.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,981 shares of the Wireless communications provider’s stock valued at $59,000 after acquiring an additional 683 shares during the period. Marshall Wace LLP raised its position in shares of Rogers Communication by 36.5% in the 2nd quarter. Marshall Wace LLP now owns 37,179 shares of the Wireless communications provider’s stock worth $1,103,000 after acquiring an additional 9,951 shares in the last quarter. Cerity Partners LLC raised its position in shares of Rogers Communication by 7.0% in the 2nd quarter. Cerity Partners LLC now owns 11,007 shares of the Wireless communications provider’s stock worth $326,000 after acquiring an additional 724 shares in the last quarter. Finally, AXA S.A. lifted its stake in shares of Rogers Communication by 231.1% during the 2nd quarter. AXA S.A. now owns 49,945 shares of the Wireless communications provider’s stock worth $1,481,000 after purchasing an additional 34,860 shares during the last quarter. Institutional investors own 45.49% of the company’s stock.
Analyst Ratings Changes A number of equities research analysts recently weighed in on RCI shares. TD Securities reaffirmed a “buy” rating on shares of Rogers Communication in a research report on Thursday, July 23rd. Weiss Ratings upgraded shares of Rogers Communication from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 14th. Wall Street Zen raised shares of Rogers Communication from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Raymond James Financial assumed coverage on shares of Rogers Communication in a report on Wednesday, July 15th. They issued an “outperform” rating on the stock. Finally, Barclays cut their price objective on shares of Rogers Communication from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Rogers Communication has a consensus rating of “Hold” and a consensus target price of $36.00.
Get Our Latest Research Report on RCI Rogers Communication Trading Down 0.1% NYSE RCI opened at $37.50 on Tuesday. The company has a fifty day simple moving average of $34.69 and a two-hundred day simple moving average of $36.28. The stock has a market cap of $20.26 billion, a P/E ratio of 4.53, a P/E/G ratio of 4.66 and a beta of 0.66. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 1.54. Rogers Communication, Inc. has a 12-month low of $31.38 and a 12-month high of $41.14.
Rogers Communication (NYSE:RCI – Get Free Report) (TSE:RCI.B) last issued its earnings results on Wednesday, July 22nd. The Wireless communications provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.03. Rogers Communication had a net margin of 27.54% and a return on equity of 11.56%. The firm had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same quarter last year, the company posted $1.14 earnings per share. The firm’s revenue was up 7.6% compared to the same quarter last year. On average, analysts forecast that Rogers Communication, Inc. will post 3.29 earnings per share for the current year.
Rogers Communication Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Tuesday, September 8th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Tuesday, September 8th. Rogers Communication’s payout ratio is 17.51%.
Rogers Communication Company Profile (Free Report)
Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.
In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.
Featured Stories Five stocks we like better than Rogers Communication 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane
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Nykredit A S acquired a new stake in Rogers Communication, Inc. (NYSE:RCI – Free Report) (TSE:RCI.B) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 61,507 shares of the Wireless communications provider’s stock, valued at approximately $2,000,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Invesco Ltd. increased its position in Rogers Communication by 52.3% in the 2nd quarter. Invesco Ltd. now owns 934,712 shares of the Wireless communications provider’s stock valued at $27,724,000 after acquiring an additional 321,124 shares during the period. EverSource Wealth Advisors LLC lifted its position in Rogers Communication by 52.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,981 shares of the Wireless communications provider’s stock worth $59,000 after acquiring an additional 683 shares during the period. Marshall Wace LLP grew its stake in shares of Rogers Communication by 36.5% in the 2nd quarter. Marshall Wace LLP now owns 37,179 shares of the Wireless communications provider’s stock valued at $1,103,000 after purchasing an additional 9,951 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Rogers Communication by 7.0% in the 2nd quarter. Cerity Partners LLC now owns 11,007 shares of the Wireless communications provider’s stock valued at $326,000 after purchasing an additional 724 shares during the last quarter. Finally, AXA S.A. increased its holdings in shares of Rogers Communication by 231.1% in the second quarter. AXA S.A. now owns 49,945 shares of the Wireless communications provider’s stock valued at $1,481,000 after purchasing an additional 34,860 shares during the period. 45.49% of the stock is owned by hedge funds and other institutional investors.
Rogers Communication Stock Down 0.1% Rogers Communication stock opened at $37.50 on Tuesday. The stock’s 50 day moving average price is $34.69 and its 200 day moving average price is $36.28. Rogers Communication, Inc. has a 1-year low of $31.38 and a 1-year high of $41.14. The company has a market cap of $20.26 billion, a PE ratio of 4.53, a price-to-earnings-growth ratio of 4.66 and a beta of 0.66. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.55 and a quick ratio of 0.51.
Rogers Communication (NYSE:RCI – Get Free Report) (TSE:RCI.B) last released its quarterly earnings data on Wednesday, July 22nd. The Wireless communications provider reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.03. The firm had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.91 billion. Rogers Communication had a return on equity of 11.56% and a net margin of 27.54%.Rogers Communication’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.14 earnings per share. On average, sell-side analysts predict that Rogers Communication, Inc. will post 3.29 EPS for the current fiscal year. Rogers Communication Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Tuesday, September 8th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $2.00 annualized dividend and a dividend yield of 5.3%. Rogers Communication’s dividend payout ratio (DPR) is 17.51%.
Wall Street Analysts Forecast Growth RCI has been the subject of several analyst reports. Scotiabank restated an “outperform” rating on shares of Rogers Communication in a research note on Tuesday, July 7th. Barclays lowered their price objective on shares of Rogers Communication from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Raymond James Financial started coverage on shares of Rogers Communication in a research note on Wednesday, July 15th. They issued an “outperform” rating on the stock. Weiss Ratings upgraded shares of Rogers Communication from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 14th. Finally, Wall Street Zen upgraded shares of Rogers Communication from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $36.00.
Read Our Latest Stock Report on RCI
(Free Report)
Rogers Communications Inc is a Canadian integrated communications and media company headquartered in Toronto, Ontario. The company provides a broad range of telecommunications services to residential and business customers across Canada, including wireless voice and data services, cable television, high-speed internet, and home phone services. In the enterprise market it offers managed IT, data center and cloud solutions, networking and connectivity services targeted to small businesses, large enterprises and public sector clients.
In addition to connectivity services, Rogers operates a significant media portfolio that includes national and regional television and radio assets, sports broadcasting properties and other content businesses.
Featured Articles Five stocks we like better than Rogers Communication 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding RCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rogers Communication, Inc. (NYSE:RCI – Free Report) (TSE:RCI.B).
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Rogers is giving away more than 1,500 tickets to customers throughout season, including 300 for Home Opener | Source: Rogers Communications Canada Inc.
EDMONTON, Alberta, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Rogers and OEG Sports & Entertainment (OEGSE), today announced a 10-year extension of their strategic partnership, keeping Rogers Place as the home of the Edmonton Oilers through 2036.
This extension comes as the iconic Rogers Place is celebrating its 10-year anniversary. To mark the occasion, Rogers is awarding more than 1,500 Oilers tickets to customers throughout the season, starting with 300 tickets for the Home Opener presented by Rogers on Tuesday, September 29 vs Vancouver. Details on how customers can win tickets for the home opener will be announced shortly.
“This long-term extension reflects the strength of our partnership with the Edmonton Oilers and the shared belief that hockey connects communities,” said Tony Staffieri, President and CEO, Rogers. “We’re proud to celebrate 10 years of Rogers Place with Oilers fans, and to continue investing in unique experiences that bring fans and customers closer to the game.”
Ahead of the home opener, Rogers is proud to present Oilers Fan Day on September 19, a marquee community event that includes an open practice, alumni meet and greet, and locker room sale.
And new this season, the Rogers Goal Cam at Rogers Place allows fans to instantly capture and share their live in-arena reactions to every Oilers goal all season long. Rogers also continues to be the proud presenting partner of the Edmonton Oilers Community Foundation 50/50 and Every Kid Deserves a Shot program.
“For the past decade, Rogers has shared our commitment to supporting and connecting communities across Oil Country and creating exceptional experiences for Oilers fans—both at Rogers Place and through the Sportsnet broadcast,” said Hugh Weber, CEO, OEG Sports & Entertainment. “As we celebrate 10 years of Rogers Place and ICE District, this long-term extension is a testament to the strength of our partnership, and we’re excited about what we can create for Oilers fans over the next decade.”
This announcement expands on the unprecedented sponsorship deal signed in 2013 and includes extensive brand and advertising placements, arena signage, concourse, rink, in-ice, in-bowl and in-game applications.
Last year, Rogers and the NHL announced a 12-year agreement for the national media rights to NHL games on all platforms in Canada through the 2037-38 season. Sportsnet is also the exclusive regional broadcast partner of the Edmonton Oilers through 2035.
About Rogers Communications Inc.
Rogers is Canada’s communications, sports and entertainment company, and its shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more information, please visit rogers.com or about.rogers.com/investor-relations.
About OEG Sports & Entertainment
As a North American leader in Sports & Entertainment, OEGSE brings together iconic NHL, AHL and WHL franchises, the world’s best entertainment venues and events, ICE District, the industry-leading Edmonton Oilers Community Foundation and media production company, Dark Castle Entertainment.
In the latest close session, Aptiv PLC (APTV - Free Report) was down 4.63% at $45.73. This move lagged the S&P 500's daily loss of 0.58%. Elsewhere, the Dow lost 1.18%, while the tech-heavy Nasdaq lost 0.32%.
The stock of company has fallen by 3.73% in the past month, lagging the Business Services sector's loss of 1.01% and the S&P 500's loss of 0.36%.
Investors will be eagerly watching for the performance of Aptiv PLC in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.33, reflecting a 38.71% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $3.2 billion, showing a 38.64% drop compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.69 per share and revenue of $12.71 billion, indicating changes of -27.24% and -37.7%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Aptiv PLC. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Aptiv PLC presently features a Zacks Rank of #5 (Strong Sell).
With respect to valuation, Aptiv PLC is currently being traded at a Forward P/E ratio of 8.43. For comparison, its industry has an average Forward P/E of 18.34, which means Aptiv PLC is trading at a discount to the group.
It's also important to note that APTV currently trades at a PEG ratio of 0.93. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Technology Services industry was having an average PEG ratio of 1.3.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 162, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
UDR, Inc. (UDR) is a multifamily REIT focused on high-barrier, upscale markets with strong employment and resilient rental demand. UDR is rated a BUY, with a 4.7% yield, expected 4% dividend CAGR, and projected 10–13% compound annual total returns over five years. Management's disciplined capital allocation, Orion analytics platform, and share buybacks position UDR for above-industry AFFO growth and lower volatility.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?
Let's take a look at what these Wall Street heavyweights have to say about CleanSpark (CLSK - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
CleanSpark currently has an average brokerage recommendation (ABR) of 1.27, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 15 brokerage firms. An ABR of 1.27 approximates between Strong Buy and Buy.
Of the 15 recommendations that derive the current ABR, 12 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 80% and 13.3% of all recommendations.
Brokerage Recommendation Trends for CLSK
Check price target & stock forecast for CleanSpark here>>>
While the ABR calls for buying CleanSpark, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
Should You Invest in CLSK?Looking at the earnings estimate revisions for CleanSpark, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at -$3.97.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for CleanSpark. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for CleanSpark.
Construction ongoing for the Sandersville campus with $6.6 billion in contracted revenue Receives notice of conditional batch zero classification by ERCOT for both sites in Texas LAS VEGAS, Sept. 8, 2026 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) ("CleanSpark" or the "Company"), a market-leading data center developer, today released its unaudited Bitcoin mining and operations update for the month ended August 31, 2026.
Small modular reactor stocks are surging against a red broad market, but with NuScale and Oklo still deep in the red for the year, the real question is whether this is a genuine bottom or just another bounce trap in…
A rotation back into nuclear names is running through the complex on Tuesday morning, and small modular reactor developers are leading the tape higher. The Global X Uranium ETF (NYSEARCA:URA) is up 4% as the sector proxy. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.3%, so the nuclear bid’s running against a soft broad market.
NuScale Power (NYSE:SMR) stock is up 13% to $10.94 in morning trading. However, NuScale stock remains down 24% year to date (YTD), a reminder of how deep the summer selloff cut into the SMR trade.
Oklo (NYSE:OKLO | OKLO Price Prediction) stock is climbing 7% to $43.99. Meanwhile, Oklo stock is still down 39% YTD, and enriched-uranium peer Centrus Energy (NYSEAMERICAN:LEU) stock is trading in sympathy as the fuel side of the same complex.
Rotation Back Into Nuclear Stocks No company-specific announcement from NuScale accounts for the move, and Oklo hasn’t put out fresh news either. Both developers were quiet overnight on customer contracts, NRC updates, and financing headlines. Money is coming back into a theme that was heavily sold through the summer (we mapped five ways to play the nuclear restart, utilities and fuel included, in a free report here), and it’s showing up across the group at once.
The uranium fuel side is bid too, with Centrus Energy stock trading higher alongside the reactor developers. Complex-wide participation on a session where the broad tape is red is the tell for a theme rotation. Short-covering into a thin book on stocks carrying big options gamma can add fuel to a directional move.
Options positioning backs the read. The full-chain put/call ratio on NuScale sits at 0.2, and Oklo runs at 0.29, both light on downside hedging relative to call demand. Retail chatter on Oklo also skewed bullish in early September, with sentiment on the “Oklo Advantage” thread reaching a very bullish 82 score on one boundary.
AI Power Demand Still Anchors the Bull Case NuScale’s structural case rests on being the only U.S. NRC design-certified SMR developer, and management has pointed to a supply chain of more than 60 specialized partners with over 30 agreements executed. Commercialization partner ENTRA1 is advancing discussions with TVA toward a definitive power purchase agreement that could become the largest U.S. nuclear deployment program to date. The company ended Q2 2026 with $1.9 billion in cash and investments, which buys the company time to convert that pipeline into signed offtake.
Oklo’s pitch is a customer pipeline of roughly 14 GW, anchored by a 12 GW Switch master power agreement and a 500 MW Equinix LOI with a $25 million pre-payment. The company is targeting first commercial power late 2027 to early 2028 at Idaho National Laboratory, with the Aurora powerhouse design scaled from 50 MW to up to 75 MW to meet data-center demand. Radioisotope revenue from the Atomic Alchemy acquisition could arrive as early as 2026, giving the story an earlier revenue on-ramp than the reactor timeline alone would imply.
Session Scorecard vs. Year to Date The one-day rebound looks striking, yet the YTD picture keeps the trade grounded. Both NuScale stock and Oklo stock remain deeply negative for 2026 even after Tuesday’s push higher, and today’s move only chips away at the summer damage.
Ticker Session Move YTD SMR +13% -24% OKLO +7% -39% URA +4% +12% A stock recovering from a heavily sold position can rise hard for days without changing where it stands for the year. The useful measure is the gap that’s left: 24% for NuScale stock and 39% for Oklo stock to recover before either turns green on the year. Centrus, which has actual revenue and a $4.5 billion total backlog, anchors the fuel side of the complex and often leads sentiment shifts in SWU pricing, which matters when trying to gauge whether the theme’s fundamentals are firming.
What to Watch Next The cleanest evidence that this bounce means more than a short squeeze would be URA holding its gain for several sessions in a row. A single day of green in a beaten-down theme doesn’t settle the exhaustion question, and both stocks carry the volatility profile to give the move back as fast as they built it. Momentum names in this corner often print sharp two- or three-day rebounds inside larger downtrends, so the follow-through window is what separates a real bottom from a bounce.
Investors sizing their positions in NuScale stock or Oklo stock can treat this as a tradeable bounce with tight risk. You may choose to leave room to add if the URA ETF follows through into Wednesday and Thursday, while keeping your exposure sensible as nuclear stocks rebuild a base. In addition, traders can watch for confirmation in Centrus stock as well, since fuel-side strength tends to precede sustained reactor-developer runs.
Contact [email protected] for any questions or corrections.
Hyperscalers are desperate for firm, carbon-free power and three nuclear stocks sit directly in their crosshairs, but only one of them has actual cash flow today, and the gap between the three tells you everything about the risk you are…
Small modular reactors sit at the intersection of the two biggest stories in power right now: hyperscalers scrambling for firm, carbon-free baseload, and a US grid that has not built meaningful new nuclear capacity in a generation. The demand pressure is quantifiable. The EIA’s High Electricity Demand case projects data center server energy use will grow to 818 billion kilowatthours in 2050, more than 16 times the 2020 level, and Oklo’s own filings cite the Goldman Sachs projection of roughly 165% growth in AI-driven data center power demand by 2030. That is the tailwind. The catch, and the reason to read the following names very differently, is that only one of the three has cash flow today.
Talen Energy: Cash Flow, Powered Land, and a PJM Tailwind Talen Energy (NASDAQ:TLN | TLN Price Prediction) is the operating business in this roster. It owns the Susquehanna nuclear station plus an expanded gas fleet after the June 15, 2026 close of the Cornerstone Acquisition, which added roughly 2.6 GW at Waterford, Darby, and Lawrenceburg. This is a merchant independent power producer with real megawatt-hours going out the door and real dollars coming back.
The Q2 2026 numbers make the distinction from the SMR developers unmissable. Revenue was $747 million, up 64.5% year over year, adjusted EBITDA was $374 million versus $90 million a year earlier, and adjusted free cash flow was $212 million versus a $78 million outflow. GAAP EPS printed negative $2.00 versus a $3.39 estimate, missing expectations largely because of $211 million in unrealized derivative losses and interest expense jumping to $214 million from $62 million on $4 billion of new senior unsecured notes issued for Cornerstone. Management raised full-year guidance to adjusted EBITDA of $2.025 billion to $2.225 billion and adjusted free cash flow of $1.20 billion to $1.35 billion.
The PJM setup is the real story. Talen cleared over 10 GW in the 2028/2029 PJM Base Residual Auction at $325.00/MWd. On the Q2 call, President Terry Nutt said 70% of PJM’s 10 highest peak load days since the inception of the modern PJM occurred over the last 15 months, and CEO Mac McFarland noted that WestHub Sparks increased by nearly 50% since last year with forward wholesale prices for capacity and energy approaching or exceeding the $80 per megawatt-hour range previously discussed for long-term hyperscaler PPAs. The existing AWS contract at Susquehanna is nearly two gigawatts ramping through 2030, with management guiding long-term contracted margin from 10% to 35% as the campus builds out.
Bull case: Talen has approximately four gigawatts of data center sites with utility load commitments and more than two gigawatts of new-build capacity projects backed with interconnection queue positions. Management expects approximately $4 billion of adjusted free cash flow between the balance of 2026 and the end of 2028, with at least 70% returned to shareholders through buybacks. The stock is down 19.42% year to date, and analyst coverage is thin: only 6 EPS analysts contribute to both the 2026 and 2027 fiscal year estimates, with the 2027 EPS estimate averaging 30.7681 across a 26.06 to 37.06 range. That is the “not fully priced” setup: a merchant generator whose forward cash flow curve is being written in real time by hyperscaler contracting, with limited sell-side coverage. McFarland put it plainly: “This is like one of the greatest opportunities we’ve seen in this sector in a long time.”
Risk: Only 30% of 2028 generation is hedged, leverage is elevated after the $4 billion in new debt for Cornerstone (net debt roughly $9.5 billion), and GAAP earnings will remain volatile from derivative marks.
NuScale Power: Design Certified, But Still Pre-Revenue and Speculative Speculative flag, unmissable: NuScale Power (NYSE:SMR) is an early-stage SMR developer with essentially no revenue today. It carries materially higher risk than Talen and behaves like a small, high-variance position. In Q2 2026, revenue collapsed to $75,000, down 99.1% year over year from $8.05 million, because the Fluor FEED Phase 2 engineering services for the RoPower project ended in late 2025 with no replacement. Operating loss was $64.0 million, and net loss attributable to Class A holders was $47.54 million. Analysts expect the losses to continue: the consensus EPS for fiscal 2026 is negative 0.4826 and for fiscal 2027 is negative 0.7237.
The bull case rests on regulatory position and readiness. NuScale is the only US NRC design-certified SMR, with Standard Design Approval received May 2025, and CEO John Hopkins framed the design certification as “the global gold standard for nuclear safety.” On the Q2 call, Hopkins said “We’ve already negotiated supplier agreements with more than half of our 60-plus supplier relationships” and “The detailed design for the critical path components of our modules, the systems that govern schedule and cost, is mature.” The company closed the quarter with approximately $1.9 billion in cash, cash equivalents, and investments, supported by roughly $984.48 million in net equity proceeds raised in the first half of 2026.
The commercial catalyst is the TVA program, which remains a non-binding discussion, not a signed agreement. Management stated that “Interwent Energy, our strategic partner, continues to advance discussions with the Tennessee Valley Authority toward a definitive power purchase agreement for potentially the largest nuclear power deployment program in U.S. history.” Hopkins added: “The market’s waiting for definitive agreements, and once they’re in place, we’re ready to move.”
Bull case: NuScale is the closest US SMR developer to commercial deployment, with the regulatory box checked and a supply chain largely under contract. If TVA converts to a signed PPA, the deployment scale is potentially transformative.
Risk: The list is long and disclosed in the filings: no established SMR market, unproven cost-competitiveness, dependence on the ENTRA1 partnership, need for additional funding, Fluor’s full exit of its stake, and a securities-fraud class action referenced in the Q1 recap. The stock is down 32.53% year to date and down 74.33% over the past year. Investors are paying for a call option on TVA converting.
Oklo: First Criticality Achieved, Commercial Power Still Ahead Speculative flag, unmissable: Oklo (NYSE:OKLO) is a pre-revenue advanced fission developer. Fiscal 2024 revenue was $0 with a net loss of $73.62 million. Analysts model fiscal 2026 revenue averaging just $2.24 million across 17 analysts, with a low estimate of $0, and fiscal 2026 EPS at negative 0.9396. This is a materially higher-risk name than Talen.
What changed in Q2 2026 is the execution story. Oklo’s Groves isotope reactor reached first criticality, and CEO Jake DeWitte said “Based on our internal reviews, Groves represents the fastest transition that we are aware of from greenfield to criticality for a full scale, privately funded and privately cited reactor in history”, with substantial construction completed in 229 days. On the Aurora INL commercial power project, management reiterated the planned 2028 startup and confirmed DOE approval of the Preliminary Documented Safety Analysis during the quarter. Oklo also entered an MOU with Kiewit covering engineering, procurement, construction, and execution planning for the initial phase of the 1.2 gigawatt Ohio Power Campus.
The customer pipeline is where the “signed versus non-binding” distinction matters most. Oklo’s roughly 14 GW pipeline is anchored by a 12 GW master power agreement with Switch (delivery by 2044), plus a non-binding LOI with Equinix for up to 500 MW with $25 million pre-payment, a non-binding LOI with Prometheus Hyperscale for 100 MW, and a non-binding LOI with Diamondback Energy for 50 MW. These are commitments to negotiate rather than binding PPAs. The Centris HALU fuel arrangement is also a letter of intent anticipating a definitive agreement covering multiple years of initial core and reload needs for up to five Aurora powerhouses, with deliveries beginning in 2029.
Balance sheet: $3 billion in cash and marketable securities at quarter end, including $1.9 billion of capital generated from ATM programs in 2026. Updated 2026 guidance calls for cash used in operating activities of $120 million to $150 million and cash used for property, plant, and equipment of $400 million to $500 million.
Bull case: Oklo now has an operating reactor to point to. It has a DOE site use permit at Idaho National Laboratory and secured fuel for the first deployment, and it is building a vertically integrated platform spanning power, fuel, and isotopes.
Risk: No commercial power project is operating, most customer commitments are non-binding, the NRC combined license application timeline is not fully de-risked, and additional financing will be needed to build plants. The stock is down 44.93% year to date and down 46.30% over the past year, and consensus EPS estimates have been revised sharply lower over 30 days, with the 2026 average moving from negative 0.6955 to negative 0.9396.
How to Think About the Three Together The through-line is that AI data center load is real and firm baseload power is scarce, but the three names in this piece monetize that shortage on completely different clocks. Talen books revenue and free cash flow now, with capacity auctions and hyperscaler contracts widening spreads through 2028. NuScale and Oklo are option-like exposures on regulatory conversion, customer conversion from LOI to PPA, and construction execution that ends in 2028 at the earliest. The three names occupy different roles: TLN is the operating, cash-flow-generating position, while SMR and OKLO are high-variance, option-like exposures on regulatory and commercial conversion (we mapped five ways to play the nuclear restart, utilities and fuel suppliers included, in a free report you can grab here). Keep an eye on the stock reactions when the next PJM auction clears, when TVA converts (or does not), and when Aurora INL reaches its next DOE gate.
Contact [email protected] for any questions or corrections.
