Fortinet během pátečního obchodování dosáhl nového 52týdenního maxima 173,89 USD a naposledy se obchodoval za 172,78 USD. Růst podpořily lepší než očekávané výsledky a tržby 2,05 miliardy USD, meziročně o 25,6 %.
Fortinet, Inc. (NASDAQ:FTNT – Get Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as $173.89 and last traded at $172.78, with a volume of 6901702 shares traded. The stock had previously closed at $157.54.
Key Stories Impacting Fortinet Here are the key news stories impacting Fortinet this week:
Positive Sentiment: Cybersecurity-sector rally lifted sentiment. Fortinet appears to be benefiting from strong quarterly results and upbeat outlooks from major cybersecurity peers, creating a positive read-through for comparable companies. The company’s own recent results showed 25.6% year-over-year revenue growth to $2.05 billion and earnings above analyst expectations. Why Fortinet Stock Is Up Today Positive Sentiment: CMMC Level 2 certification strengthens Fortinet’s federal positioning. Fortinet Federal, a wholly owned subsidiary, received certification after an independent assessment validated 110 NIST SP 800-171 security requirements for protecting Controlled Unclassified Information. The milestone may improve Fortinet’s ability to compete for U.S. government and defense-related contracts. Fortinet Federal Achieves CMMC Level 2 Certification Positive Sentiment: Operational momentum remains strong. Fortinet reported better-than-expected quarterly earnings and revenue, with product revenue growth and higher full-year guidance reinforcing the company’s growth narrative. This provides a fundamental backdrop for the recent share-price strength. Neutral Sentiment: Valuation is becoming a concern. An investment analysis highlighted Fortinet’s strong platform and cash generation but argued that the elevated valuation leaves limited margin of safety. With the shares near their 52-week high, additional gains may require continued execution and upward revisions to expectations. Fortinet Strong Platform and Cash Generation, but Valuation Leaves Limited Margin of Safety Negative Sentiment: Insider selling and mixed analyst views could limit upside. Reported insider activity showed executives selling shares without recorded open-market purchases during the past six months. Several analysts also maintain cautious ratings, and the reported median price target is below the current trading range, signaling potential valuation pressure. Wall Street Analysts Forecast Growth FTNT has been the topic of several analyst reports. Scotiabank reissued a “sector perform” rating and set a $163.00 price target on shares of Fortinet in a research report on Thursday, July 30th. Stifel Nicolaus set a $175.00 price objective on Fortinet and gave the company a “hold” rating in a report on Thursday, July 30th. BTIG Research lifted their target price on Fortinet from $186.00 to $203.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. upped their target price on Fortinet from $73.00 to $75.00 and gave the stock an “underweight” rating in a report on Thursday, May 7th. Finally, Robert W. Baird set a $165.00 price target on Fortinet in a research report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twenty have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, Fortinet presently has a consensus rating of “Hold” and an average price target of $150.91.
Read Our Latest Stock Analysis on FTNT Fortinet Trading Up 9.7% The business’s 50 day moving average price is $157.25 and its 200-day moving average price is $120.08. The company has a current ratio of 1.28, a quick ratio of 1.19 and a debt-to-equity ratio of 0.32. The company has a market cap of $126.77 billion, a price-to-earnings ratio of 60.84, a PEG ratio of 2.99 and a beta of 1.07.
Fortinet (NASDAQ:FTNT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The software maker reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.15. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.89 billion. Fortinet had a net margin of 28.17% and a return on equity of 191.54%. Fortinet’s quarterly revenue was up 25.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 EPS. Fortinet has set its FY 2026 guidance at 3.410-3.470 EPS and its Q3 2026 guidance at 0.830-0.870 EPS. On average, equities analysts anticipate that Fortinet, Inc. will post 3.05 EPS for the current fiscal year.
Insider Buying and Selling In other Fortinet news, VP Michael Xie sold 3,907 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $146.44, for a total transaction of $572,141.08. Following the transaction, the vice president owned 9,923,610 shares in the company, valued at $1,453,213,448.40. This trade represents a 0.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ken Xie sold 161,482 shares of Fortinet stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $162.66, for a total value of $26,266,662.12. Following the sale, the chief executive officer directly owned 52,972,372 shares of the company’s stock, valued at $8,616,486,029.52. This represents a 0.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 329,142 shares of company stock worth $50,731,178. 17.60% of the stock is owned by corporate insiders.
Institutional Trading of Fortinet A number of institutional investors have recently bought and sold shares of the business. California State Teachers Retirement System increased its stake in Fortinet by 15,545.1% during the 2nd quarter. California State Teachers Retirement System now owns 145,097,777 shares of the software maker’s stock worth $22,289,921,000 after acquiring an additional 144,170,346 shares during the period. BlackRock Inc. acquired a new stake in shares of Fortinet during the 2nd quarter worth $9,561,650,000. State Street Corp increased its position in shares of Fortinet by 1.6% in the third quarter. State Street Corp now owns 29,660,558 shares of the software maker’s stock worth $2,493,860,000 after purchasing an additional 477,397 shares during the period. Norges Bank bought a new position in shares of Fortinet in the fourth quarter worth $1,152,917,000. Finally, Bank of New York Mellon Corp raised its stake in Fortinet by 6.6% in the fourth quarter. Bank of New York Mellon Corp now owns 14,504,597 shares of the software maker’s stock valued at $1,151,810,000 after purchasing an additional 893,190 shares in the last quarter. Institutional investors own 83.71% of the company’s stock.
About Fortinet (Get Free Report)
Fortinet, Inc (NASDAQ: FTNT) is a multinational cybersecurity company that develops and delivers integrated security solutions for enterprise, service provider and government customers worldwide. Founded in 2000 and headquartered in Sunnyvale, California, the company was co‑founded by Ken Xie and Michael Xie. Ken Xie serves as chairman and chief executive officer, and the company operates through a global sales, channel and services organization to support customers across the Americas, EMEA and Asia‑Pacific.
Fortinet’s product portfolio centers on network security appliances and software, with its FortiGate next‑generation firewalls and the FortiOS operating system forming a core platform.
Read More Five stocks we like better than Fortinet Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape SEC Probe Puts Wall Street Leverage Risk Back in Focus A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole Five Below’s Turnaround Is Working—But Has the Stock Run Too Far? Receive News & Ratings for Fortinet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortinet and related companies with MarketBeat.com's FREE daily email newsletter.
It has been about a month since the last earnings report for Fortinet (FTNT - Free Report) . Shares have added about 12% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Fortinet due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Fortinet, Inc. before we dive into how investors and analysts have reacted as of late.
Fortinet Q2 Earnings & Revenues Beat Estimates, Increase Y/YFortinet reported second-quarter 2026 non-GAAP earnings per share (EPS) of 90 cents, beating the Zacks Consensus Estimate by 20% and rising 40.6% year over year.
Total revenues of $2.05 billion beat the consensus mark by 9.1% and increased 25.6% year over year, driven by strong demand across customer segments, industry verticals, and geographies. Growth was fueled by accelerating investment in securing AI infrastructure, the convergence of firewall, SD-WAN and SASE technologies into the company's newly defined SASE Firewall platform, and continued strength in operational technology (OT) security amid rising regulatory and critical infrastructure requirements.
Total deferred revenues (current plus long-term portions combined) came in at $7.68 billion, while the current portion was $3.84 billion as of June 30, 2026.
Total billings increased 33.4% year over year to $2.37 billion, led by 34% growth in secure networking, more than 55% growth in OT, 35% growth in Unified SASE and 25% growth in AI-driven security operations.
FTNT's Q2 in DetailSegment-wise, Product revenues increased 51.9% year over year to $773 million, representing 37.7% of total revenues. The acceleration was driven by strong FortiGate unit growth and higher average selling prices as customers shifted toward higher-performing models, along with customer investments to secure AI workloads and support AI data center buildouts.
Service revenues of $1.27 billion grew 13.7% year over year, accounting for 62.3% of total revenues, with growth improving from the prior quarter. The first quarter of 2026 marked the trough for service revenue growth, with a positive trajectory expected going forward as accelerating product revenue feeds through to attached services. Service billings accelerated to 26% growth and total deferred revenues grew 17%. FortiSASE adoption within the large enterprise installed base rose to 90%, with FortiSASE billings growing more than 100% year over year, benefiting from expansion sales, competitive replacements and new large enterprise wins.
Margins of FTNTTotal GAAP gross margin was 80.2%, contracting 50 basis points (bps) year over year. Non-GAAP gross margin came in at 80.9%, contracting 70 bps year over year but exceeding the high end of guidance.
GAAP operating margin expanded 560 bps year over year to 33.7% in the second quarter. On a non-GAAP basis, operating margin expanded 490 bps to a second quarter record of 38%, reflecting stronger than expected revenue growth, disciplined cost management and growing efficiencies from internal AI initiatives.
FTNT's Balance Sheet & Cash FlowFortinet exited the second quarter of 2026 with cash and cash equivalents and short-term investments of $4.07 billion, up from $3.29 billion reported at the end of the first quarter of 2026.
Cash flow from operations was $1.04 billion for the second quarter of 2026, up from $451.9 million in the prior year quarter, an increase of 130.9%. Free cash flow of $965.6 million grew 239.9% year over year from $284.1 million in the prior year quarter, reflecting improved linearity, higher billings and strong working capital discipline, representing a free cash flow margin of 47.2%. Adjusted free cash flow reached $995.9 million, up 132.7% year over year, representing a margin of 48.6%.
The company repurchased 1.9 million shares of common stock for $146 million during the second quarter, bringing year-to-date repurchases to 12.5 million shares for $973 million, at an average price of approximately $78 per share. The remaining share repurchase authorization stands at approximately $766 million.
FTNT's Q3 & 2026 GuidanceFortinet expects third-quarter revenues in the range of $2.01-$2.10 billion. Billings are estimated in the range of $2.25-$2.35 billion. The non-GAAP gross margin is expected in the range of 79-81%, while the non-GAAP operating margin is anticipated between 35-37%. Non-GAAP EPS is projected in the range of 83-87 cents.
For 2026, FTNT raised its outlook and now predicts revenues in the range of $8.02-$8.18 billion (up from prior $7.71-$7.87 billion). Service revenues are projected in the range of $5.18 to $5.22 billion. Billings are expected in the range of $9.35-$9.55 billion (up from prior $8.8 to $9.1 billion). The non-GAAP gross margin is expected in the range of 79-81% and the operating margin is projected in the band of 35-37%. Non-GAAP EPS is anticipated to be between $3.41 and $3.47 (up from prior $3.10-$3.16).
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in estimates revision.
The consensus estimate has shifted 13.51% due to these changes.
VGM ScoresCurrently, Fortinet has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. Following the exact same course, the stock has a score of F on the value side, putting it in the bottom 20% quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Fortinet has a Zacks Rank #1 (Strong Buy). We expect an above average return from the stock in the next few months.
Performance of an Industry PlayerFortinet belongs to the Zacks Security industry. Another stock from the same industry, Varonis Systems (VRNS - Free Report) , has gained 12.2% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026.
Varonis reported revenues of $180.02 million in the last reported quarter, representing a year-over-year change of +18.3%. EPS of $0.04 for the same period compares with $0.03 a year ago.
For the current quarter, Varonis is expected to post earnings of $0.02 per share, indicating a change of -66.7% from the year-ago quarter. The Zacks Consensus Estimate has changed +4.1% over the last 30 days.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Varonis. Also, the stock has a VGM Score of D.
Halliburton získal integrovanou zakázku od BP na první vyhodnocovací kampaň v brazilském hlubokomořském poli Bumerangue. Součástí jsou vrtání, vyhodnocení, automatizace a dálkové operace.
Key Takeaways Halliburton will support BP's first appraisal campaign in Brazil's offshore Bumerangue field.HAL will integrate drilling, evaluation, automation and remote operations to improve execution efficiency.LOGIX, AI and advanced drilling technologies will provide real-time insights across the workflow. Halliburton Company (HAL - Free Report) has secured an integrated contract from BP p.l.c. (BP - Free Report) to support the first appraisal campaign in the Bumerangue field, an offshore deepwater discovery in Brazil. The award strengthens Halliburton’s role in BP’s efforts to advance evaluation of the field while streamlining the execution of a complex deepwater program.
The contract covers a comprehensive suite of services designed to fast-track the appraisal campaign. Halliburton will combine multiple capabilities under an integrated execution model, helping BP optimize reservoir evaluation and improve operational efficiency during the drilling program.
Integrated Services Target Operational EfficiencyA key element of the contract is the consolidation of multiple drilling and evaluation services. By bringing these capabilities together, Halliburton aims to reduce operational complexity and create a more coordinated workflow for the appraisal campaign.
Halliburton will also deploy its LOGIX™ automation and remote operations technologies. These digital capabilities are expected to support greater execution efficiency and consistency as the company works on the deepwater appraisal program.
The approach highlights the growing importance of integrated service models in technically demanding offshore projects. Rather than relying on separate service components, the contract brings drilling, evaluation, automation and digital capabilities into a connected execution framework.
Digital Technology Takes Center StageThe Bumerangue project also underscores Halliburton’s focus on using digital technologies to improve well construction and asset development. According to the company, the collaboration combines digital solutions with automated well construction to support oil and gas production.
Data, artificial intelligence and advanced drilling technologies will provide real-time insights across the workflow, from well planning through execution and evaluation. Such capabilities can help support faster and more informed decisions while promoting consistent performance during deepwater development.
Local Expertise Supports Deepwater ExecutionHalliburton highlighted the combination of digital solutions, integrated service delivery and local expertise as a key strength behind the award. Francisco Tarazona, senior vice president of Latin America at Halliburton, said the contract demonstrates the company’s ability to execute complex deepwater projects using this combination of capabilities.
For Halliburton, the contract provides an opportunity to apply its integrated drilling and evaluation portfolio to a major offshore appraisal campaign. For BP, the consolidated service approach is intended to simplify operations while generating insights needed to evaluate the Bumerangue discovery.
What the Contract Means for HalliburtonThe award reinforces Halliburton’s positioning in Brazil’s deepwater market and showcases its strategy of combining conventional oilfield services with automation, AI and digital technologies. The company’s integrated approach could help it capture additional opportunities as operators seek greater efficiency from technically complex offshore projects.
The Bumerangue campaign also demonstrates how digitalization is becoming increasingly embedded in deepwater well planning, drilling and evaluation. Halliburton’s ability to connect these functions through an integrated workflow could remain an important differentiator as offshore developments become more technologically demanding.
HAL’s Zacks Rank & Key PicksHouston, TX-based Halliburton is one of the largest oilfield service providers in the world, offering a variety of equipment, maintenance, and engineering and construction services to the energy, industrial and government sectors. Currently, HAL carries a Zacks Rank #3 (Hold).
Investors interested in the energy sector may consider some top-ranked stocks like Drilling Tools International Corporation (DTI - Free Report) and HF Sinclair Corporation (DINO - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Drilling Tools International is a global oilfield services provider focused on supplying downhole tools used in horizontal and directional drilling. The Zacks Consensus Estimate for DTI’s current quarter earnings indicates 200% year-over-year growth.
HF Sinclair is an independent energy company producing and marketing gasoline, diesel, jet fuel, renewable diesel, lubricants and specialty products. The Zacks Consensus Estimate for DINO’s 2026 earnings indicates 134.2% year-over-year growth.
SLB získala díky nové smlouvě s PDVSA přístup k datům o venezuelských ropných polích a pomůže je digitalizovat a modernizovat. Venezuela tak po letech dostane první externí pohled na klíčové statistiky ropného sektoru.
A contract that SLB (SLB.N) and Venezuela's state-run PDVSA signed last week has granted the U.S. oil services and technology company access to oilfield data from the country with the world's largest crude reserves, three sources close to the negotiations said.
The deal will allow SLB to organize and upgrade PDVSA's vast but outdated databases following years of neglect and a recent cyberattack, according to the sources.
Venezuela has not published routine oil statistics in more than a decade and the latest annual bulletin released by the oil ministry was in 2015. Except for limited output data reported monthly to OPEC, the lack of information has become a major obstacle to promoting oilfields for investment and tracking core activities like output, refining and exports.
From reservoir characterization to real-time crude production, the contract between PDVSA and SLB will involve data management and provide essential services. The companies have not disclosed the reach of the contract, but the sources said SLB will be able to use new technology, including artificial intelligence, to expand, modernize and make Venezuela's oil data reliable again.
"The agreement's goal is to help PDVSA and the oil ministry to digitize and consolidate all data of the oil industry," one of the sources said, adding the contract also involves technology transfer and training. If a new entrant needs data about an oilfield it is interested in, it can be taken from a cloud, the person added.
Since being the target of a ransomware attack late last year that knocked down applications from email to a key contract administration software, PDVSA has been plagued by information chaos. The company's staff is communicating through rudimentary free-access services like Telegram, while facilities are operating independently of a centralized system, the sources said.
In recent months, PDVSA has managed to patch its main applications, but it needs to migrate systems — particularly its geological and production databases — to new providers and implement modern tracking tools, they added.
"Functionality is in recovery phase, but lots of data were lost due to damages to the servers," one of the sources said. "Some data needs to be rebuilt from paper copies."
CONTRACT FOLLOWS YEARS OF DELAYED PAYMENTS
Many other details of the contract with SLB, including duration and payment mechanism, remain unknown.
Payments in kind, including with crude, were discussed with SLB as part of negotiations. Any money transfers are expected to be complicated, with the U.S. in control of all revenue from the country's oil exports, leaving Venezuela little room to negotiate.
Last week, Venezuela's oil ministry and the U.S. embassy in Caracas confirmed that an agreement with SLB had been signed with PDVSA to "modernize exploration and production."
SLB's head for Mexico, Central America and Venezuela, William Antonio, said last week at a conference in Houston the contract with PDVSA started immediately after it was signed. The companies have not provided additional details and did not immediately reply to requests for comment.
In 2019, Washington imposed harsh sanctions on Venezuela's energy sector. PDVSA defaulted on billions of dollars in already delayed payments to companies including oilfield service firms such as SLB.
Companies now willing to work with PDVSA are taking precautions to avoid new payment issues, many oil executives have said.
Another major obstacle for any service contract is a myriad of software and application patches PDVSA has installed as workarounds due to sanctions preventing U.S. technology providers from working with Venezuela's state companies.
Despite the challenges, SLB is set to give a first external look to PDVSA's main statistics, which Venezuela has guarded intensively in recent decades.
SLB (SLB - Free Report) closed the most recent trading day at $53.29, moving -1.31% from the previous trading session. This change lagged the S&P 500's 0.32% gain on the day. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 0.66%.
Heading into today, shares of the world's largest oilfield services company had gained 4.79% over the past month, outpacing the Business Services sector's gain of 4.23% and the S&P 500's gain of 3.34%.
Analysts and investors alike will be keeping a close eye on the performance of SLB in its upcoming earnings disclosure. In that report, analysts expect SLB to post earnings of $0.62 per share. This would mark a year-over-year decline of 10.14%. Our most recent consensus estimate is calling for quarterly revenue of $9.29 billion, up 4.04% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.5 per share and a revenue of $37.11 billion, representing changes of -14.68% and +3.93%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for SLB. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.22% higher. SLB is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that SLB has a Forward P/E ratio of 21.58 right now. For comparison, its industry has an average Forward P/E of 18.19, which means SLB is trading at a premium to the group.
It's also important to note that SLB currently trades at a PEG ratio of 3.56. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Technology Services was holding an average PEG ratio of 1.37 at yesterday's closing price.
The Technology Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 166, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
SLB kupuje německou společnost Kelvion za 3,4 mld. USD v hotovosti a převezme i zhruba 0,7 mld. USD dluhu. Akvizice má posílit jeho podnikání v chlazení datových center.
Americká společnost SLB (dříve Schlumberger), která poskytuje služby v oblasti ropného průmyslu, oznámila, že podepsala dohodu o akvizici německé firmy Kelvion, globálního dodavatele technologií tepelného managementu a výměny tepla. Kupní cena činí přibližně 3,4 mld. USD v hotovosti, k tomu SLB převezme dluh ve výši zhruba 0,7 mld. USD. Prodávajícími jsou fondy spravované Apollem jako většinovým vlastníkem a fondy poradensky spravované společností Triton, které drží menšinový podíl.
Kelvion má za rok 2026 očekávané tržby 2,3 až 2,4 mld. USD a očištěný zisk EBITDA 350 až 400 mil. USD, datová centra jsou jeho největší a nejrychleji rostoucí koncový trh s očekávanými tržbami 1,2 až 1,3 mld. USD.
SLB očekává, že akvizice bude v prvních 12 měsících po uzavření přispívat k růstu zisku na akcii i volného hotovostního toku na akcii. Transakce by měla být uzavřena v první polovině roku 2027, podmínkou jsou regulatorní schválení.
„AI pohání nejvýznamnější investiční cyklus do infrastruktury za našeho života," uvedl Olivier Le Peuch, generální ředitel SLB. „Tato transakce urychluje naši ambici stát se průmyslovým technologickým partnerem odvětví datových center a pomáhat zákazníkům zvládat rostoucí komplexitu infrastruktury potřebné ke škálování AI. Kelvion posouvá naši cestu k integrovanějším řešením infrastruktury datových center, rozšiřuje náš adresovatelný trh — více než zdvojnásobuje naši tržbovou příležitost na gigawatt dodané kapacity — a umožňuje nám škálovat jak naši nabídku, tak globální dosah tohoto byznysu."
Akcie SLB Akcie SLB (SLB) v předburzovní fázi obchodování roste o 1,99 % na 58,47 USD.
Ecolab za poslední měsíc přidal asi 2,4 % po zveřejnění výsledků, ale zaostává za S&P 500. Firma zároveň zvýšila výhled upraveného zisku na akcii pro rok 2026 na 8,05–8,25 USD.
It has been about a month since the last earnings report for Ecolab (ECL - Free Report) . Shares have added about 2.4% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Ecolab due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
Ecolab Q2 Earnings and Revenues Beat EstimatesEcolab has reported fourth-quarter 2025 adjusted earnings per share of $2.08, up 14.9% year over year. The bottom line surpassed the Zacks Consensus Estimate by 0.8%.
GAAP earnings per share for the quarter was $1.98, up 19.3% year over year.
Full-year adjusted earnings per share was $7.53, reflecting a 13.2% increase from the year-ago period. The metric topped the Zacks Consensus Estimate by a penny.
ECL’s Revenue Details
Revenues grossed $4.19 billion in the reported quarter, up 4.8% year over year. The metric topped the Zacks Consensus Estimate by 0.1%.
Ecolab’s organic sales were $4 billion, up 2.9% from the prior-year period.
Ecolab Digital sales increased 24% to $99 million, with double-digit growth across both software and enabling hardware subscriptions.
Full-year revenues were $16.08 billion, reflecting a 2.2% improvement from the year-ago period on a reported basis (up 3% on an organic basis). The metric lagged the Zacks Consensus Estimate by 0.2%.
Ecolab’s Segmental Analysis
The Global Water segment’s fixed currency sales of $2.02 billion marked 2.5% year-over-year growth. Organic sales were $2 billion, up 2.2% year over year. The segment’s underlying sales grew mid-single digits, excluding Basic Industries and Paper. Light & Heavy’s progress was led by strength in Global High-Tech, improved growth in downstream and solid gains in manufacturing, which offset softer sales in Basic Industries. Robust new business gains in Food & Beverage, which leveraged the One Ecolab growth strategy, drove a further acceleration in sales growth. Lower Paper sales reflected new business wins that were offset by soft customer production rates.
The Global Institutional & Specialty arm’s fixed currency sales were $1.49 billion, a year-over-year uptick of 2.8% on a reported basis. Organic sales were also $1.49 billion, up 2.7% year over year. Institutional unit’s underlying performance reflected good growth with hospitality customers and modestly higher sales to hospitals. Specialty unit delivered continued strong sales growth, driven by robust new business wins and continued value pricing.
The Global Pest Elimination segment’s fixed currency sales of $307.2 million improved 6.7% year over year on a reported basis. Organic sales were $306.8 million, up 6.6% year over year. Strong organic sales growth was led by robust gains in food & beverage, restaurants and food retail, which continue to benefit from the One Ecolab growth strategy.
The Global Life Sciences arm’s fixed currency sales and organic sales were $191.4 million each, reflecting year-over-year growth of 6.5% on both a reported and organic basis. Per management, year-over-year fixed currency and organic sales growth was driven by continued double-digit growth in bioprocessing and strong growth in pharmaceutical & personal care despite ongoing capacity constraints within Life Sciences’ industrial water purification business.
ECL’s Q4 Margin Analysis
In the quarter under review, Ecolab’s gross profit improved 6.4% year over year to $1.85 billion. The gross margin expanded 69 basis points (bps) to 44%.
Selling, general and administrative expenses increased 1% year over year to $1.06 billion.
Adjusted operating profit totaled $786.6 million, increasing 14.6% from the prior-year quarter. The adjusted operating margin in the quarter expanded 162 bps to 18.7%.
Ecolab’s Financial Position
The company exited fourth-quarter 2025 with cash and cash equivalents of $646.2 million compared with $1.96 billion at the end of the third quarter. Total debt at the end of fourth-quarter 2025 was $8.24 billion compared with $8.07 billion at third-quarter end.
Meanwhile, Ecolab has a consistent dividend-paying history, with five-year annualized dividend growth of 8.09%.
ECL’s Guidance for Q1 & 2026
Ecolab has provided its outlook for the first quarter and has initiated the full-year 2026 guidance.
The company expects adjusted earnings per share of $1.67-$1.73 for the first quarter, suggesting an 11%-15% rally from the year-ago period’s actual. The Zacks Consensus Estimate is pegged at $1.69.
Including the acquisition of Ovivo Electronics, ECL expects reported sales to increase 7%-9% and organic sales to rise 3%-4% in 2026.
For 2026, Ecolab expects adjusted earnings per share of $8.43-$8.63 (indicating an uptick of 12%-15% from the comparable 2024 period’s reported number). The Zacks Consensus Estimate for adjusted earnings per share is pegged at $8.44.
Ecolab has reported second-quarter 2026 adjusted earnings of $2.09 per share, up 10.6% year over year. The figure surpassed the Zacks Consensus Estimate by 0.4%.
GAAP earnings per share for the quarter was $1.90, up 3.3% year over year.
Revenues rose 9.7% year over year to $4.42 billion, surpassing the consensus estimate by 0.5%. Organic sales increased 5%, aided by stronger pricing, volume growth and solid demand across Ecolab’s core businesses and growth engines.
ECL’s Sales Growth AcceleratesEcolab’s Digital sales increased 27% year over year to $121 million, driven by strong growth across software and enabling hardware subscriptions.
Organic sales were $4.28 billion, up 5% from $4.09 billion in the year-ago quarter. Reported volume increased 1% despite a nearly 1% headwind from customer operations disrupted by the Middle East conflict. Pricing improved to 4%, reflecting the initial benefits of the company’s energy surcharge implementation.
Ecolab’s Core Businesses Gain MomentumThe Global Water segment’s fixed-currency sales increased 10% year over year to $2.22 billion, including a 6% contribution from the Ovivo Electronics acquisition. Organic sales rose 4%, led by 29% growth in Global High-Tech and accelerating gains in Food & Beverage and Light Water.
Organic operating income for the segment increased 1% to $333.6 million. Improved pricing gradually offset higher commodity costs and growth-related investments. Meanwhile, the impact of softer demand in Heavy Water and Paper continued to ease on the back of new business wins.
The Global Institutional & Specialty segment’s fixed-currency and organic sales increased 4% each to $1.62 billion. Institutional benefited from improved growth among hospitality customers, while Specialty posted mid-single-digit growth, supported by share gains in quick-service restaurants and food retail.
ECL’s Growth Engines Stay StrongThe Global Pest Elimination segment’s fixed-currency sales rose 9% year over year to $350.5 million. Organic sales increased 7%, driven by strong gains across restaurants, food retail and food and beverage. Targeted acquisitions in North America contributed 2% to growth.
The segment’s organic operating income increased 12% year over year to $70.3 million. Strong sales growth and improved productivity more than offset continued investments in the business, including pest intelligence capabilities.
The Global Life Sciences segment’s fixed-currency and organic sales increased 15% each to $221 million. The improvement was driven by continued share gains in bioprocessing and pharmaceutical and personal care, along with better performance in purification.
Organic operating income surged 46% year over year to $58.5 million, reflecting accelerated sales growth and strong bioprocessing performance. These gains more than offset higher commodity costs and investments in innovation, capacity and global capabilities.
ECL’s Margin AnalysisIn the quarter under review, Ecolab’s reported gross profit increased 8% year over year to $1.95 billion. However, the reported gross margin contracted 70 basis points (bps) to 44.1%. Adjusted gross margin declined 60 bps to 44.2%, reflecting the impact of the Ovivo Electronics acquisition. Organic gross margin improved 10 bps to 44.9% as stronger pricing offset rising commodity costs.
Selling, general and administrative expenses increased 6.9% year over year to $1.14 billion.
Adjusted operating profit totaled $809 million, up 9.7% from the prior-year quarter. The adjusted operating margin remained unchanged at 18.3%, while the organic operating margin expanded 40 bps to 18.8%.
Ecolab’s Financial PositionEcolab exited the second quarter of 2026 with cash and cash equivalents of $5.14 billion, up sharply from $519.8 million at the end of the first quarter. Total debt increased to $13.18 billion from $8.49 billion over the same period.
The sequential jump in cash appears to be primarily financing-driven. Ecolab raised new debt to fund recent acquisitions, including CoolIT, and a portion of those proceeds was likely still held in cash at quarter-end. Net interest expense also increased to $73.1 million from $63.2 million a year earlier, reflecting the impact of acquisition-related borrowings. Ecolab repurchased approximately 1.2 million shares during the quarter.
Meanwhile, Ecolab has a consistent dividend-paying history, with five-year annualized dividend growth of 8.75%.
ECL Raises 2026 Earnings OutlookEcolab raised its 2026 adjusted earnings guidance to $8.05-$8.25 per share from $8.03-$8.23. The revised range indicates growth of 7%-10% and incorporates short-term non-cash amortization and financing costs related to the CoolIT acquisition.
For the third quarter, ECL expects adjusted earnings of $2.13-$2.23 per share, representing growth of 3%-8%. In the second half, reported sales are projected to increase 12%-14%, while organic sales growth is expected to accelerate to 6%-7%.
Management expects second-half adjusted operating margin of approximately 19% and organic operating margin of about 20%. Accelerating pricing, ongoing share gains and improved productivity are expected to support the outlook.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in estimates review.
VGM ScoresCurrently, Ecolab has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for value investors.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Ecolab has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry PlayerEcolab belongs to the Zacks Chemical - Specialty industry. Another stock from the same industry, Element Solutions (ESI - Free Report) , has gained 3.5% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026.
Element Solutions reported revenues of $977.9 million in the last reported quarter, representing a year-over-year change of +56.4%. EPS of $0.47 for the same period compares with $0.37 a year ago.
For the current quarter, Element Solutions is expected to post earnings of $0.48 per share, indicating a change of +17.1% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.3% over the last 30 days.
Element Solutions has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D.
Analytici u společnosti Cintas mají průměrné doporučení „Moderate Buy“ a cílovou cenu 212,31 USD. Firma zároveň oznámila čtvrtletní EPS 1,29 USD, nad odhadem 1,24 USD.
Shares of Cintas Corporation (NASDAQ:CTAS – Get Free Report) have earned an average recommendation of “Moderate Buy” from the fifteen ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $212.3077.
Several research firms have recently issued reports on CTAS. UBS Group reaffirmed a “buy” rating and issued a $230.00 price target (up from $228.00) on shares of Cintas in a research report on Thursday, July 16th. Truist Financial reduced their price objective on shares of Cintas from $255.00 to $225.00 and set a “buy” rating for the company in a research note on Monday, June 15th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $231.00 target price on shares of Cintas in a report on Wednesday, July 15th. Weiss Ratings upgraded shares of Cintas from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Finally, Bank of America raised Cintas from a “neutral” rating to a “buy” rating and boosted their price target for the company from $200.00 to $230.00 in a report on Thursday, July 16th.
View Our Latest Report on Cintas
Cintas Price Performance Shares of CTAS opened at $204.18 on Friday. Cintas has a fifty-two week low of $161.16 and a fifty-two week high of $219.16. The firm’s 50-day simple moving average is $194.43 and its two-hundred day simple moving average is $185.45. The stock has a market cap of $81.71 billion, a PE ratio of 54.59, a price-to-earnings-growth ratio of 3.30 and a beta of 0.92. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.27 and a current ratio of 1.43. Cintas (NASDAQ:CTAS – Get Free Report) last released its earnings results on Wednesday, July 15th. The business services provider reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.05. Cintas had a net margin of 17.75% and a return on equity of 42.05%. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same period last year, the business earned $1.09 earnings per share. The business’s revenue was up 8.9% on a year-over-year basis. Cintas has set its FY 2027 guidance at 5.360-5.500 EPS. Analysts anticipate that Cintas will post 5.49 earnings per share for the current fiscal year.
Cintas Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 14th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.0%. This is a positive change from Cintas’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Friday, August 14th. Cintas’s dividend payout ratio is currently 55.61%.
Institutional Trading of Cintas Several institutional investors and hedge funds have recently added to or reduced their stakes in CTAS. California State Teachers Retirement System grew its holdings in Cintas by 16,328.1% during the 2nd quarter. California State Teachers Retirement System now owns 89,228,560 shares of the business services provider’s stock valued at $15,175,993,000 after buying an additional 88,685,413 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Cintas in the second quarter worth $4,520,425,000. State Street Corp lifted its holdings in shares of Cintas by 1.4% in the fourth quarter. State Street Corp now owns 15,311,491 shares of the business services provider’s stock worth $2,879,632,000 after buying an additional 210,477 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Cintas by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 9,293,485 shares of the business services provider’s stock worth $1,746,453,000 after acquiring an additional 97,220 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Cintas during the fourth quarter worth $923,672,000. Institutional investors own 63.46% of the company’s stock.
Cintas Company Profile (Get Free Report)
Cintas Corporation (NASDAQ: CTAS) is a provider of business services and products focused on workplace appearance, safety and facility maintenance. The company is best known for its uniform rental and corporate apparel programs, which include rental, leasing and direct-purchase options, laundering and garment repair. Cintas markets its services to a wide range of end-users, including manufacturing, food service, healthcare, hospitality, retail and government customers.
Beyond uniforms, Cintas offers a suite of facility services and products designed to help organizations maintain clean, safe and compliant workplaces.
Recommended Stories Five stocks we like better than Cintas Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally Rubrik’s AI Security Bet Could Power the Next Leg Higher Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for Cintas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cintas and related companies with MarketBeat.com's FREE daily email newsletter.
Ontario pohrozilo omezením vývozu uranu do USA, což upozornilo na společnost Cameco, která vlastní klíčovou rafinerii Blind River v Ontariu. Kanada v roce 2025 tvořila 32 % dodávek uranu pro americké elektrárny.
Ontario Premier Doug Ford told The Associated Press on Monday that Canada should be ready to cut off U.S. access to electricity and critical minerals if the trade dispute continues to escalate. He named high-grade nickel and uranium refined in Ontario in particular, and he said Ontario powers 1.5 million U.S. homes and businesses.
Uranium refined in Ontario mostly means uranium refined by Cameco (CCJ -5.94%). The company owns the Blind River refinery (by its own description, the world's largest commercial uranium refinery), and Blind River sits in Ontario.
Nuclear stocks jumped Tuesday, with the growth stock rising about 4.6% to about $107 as of this writing. Whether that jump had much to do with Ford is hard to say, and I don't think it matters much.
But what would a Canadian export restriction do to Cameco?
Image source: Getty Images.
Two steps in the fuel chain run through CamecoBlind River opened in 1983, and Cameco owns 100% of it. The facility refines uranium concentrate from mines into uranium trioxide, a powder that sits partway between mined uranium and finished reactor fuel.
Its licensed production capacity is 18 million kilograms of uranium a year, with room to expand to 24 million once certain conditions are met.
From there, the refined uranium moves to Cameco's Port Hope conversion facility, which is also in Ontario. In other words, two consecutive steps in the nuclear fuel chain run through one company in one province, and Ontario's premier just named that province's output as leverage.
The business built on those plants is Cameco's smaller segment, fuel services. It produced 3.0 million kilograms of uranium in the second quarter, down 6% year over year, and the company expects production of 13 to 14 million kilograms this year.
Segment revenue was 152 million Canadian dollars in the quarter, next to 659 million Canadian dollars in the uranium segment. The segment's average realized price, however, rose 13% year over year.
How much U.S. fuel depends on Canada?More than on any other country.
U.S. reactor operators purchased 46.9 million pounds of uranium in 2025, according to the U.S. Energy Information Administration. Canada was the origin of 32% of the uranium delivered -- the largest share of any country, ahead of Kazakhstan at 28%.
Meanwhile, uranium of U.S. origin covered just 7% of deliveries, down from 8% the year before.
And the trade backdrop worsened over the weekend. The U.S. imposed 50% tariffs on about $20 billion of Canadian goods on Saturday after talks between the two governments collapsed. Canada has said its retaliation will begin Sept. 8. Ford's comments landed in the middle of that escalation.
Cameco, notably, has been describing demand in similar terms all year. CEO Tim Gitzel said in the company's July earnings release that contracting activity has increased as customers focus on "security of supply."
The threat lands on Cameco's customersAn export restriction would be aimed at the U.S. government. But the buyers it would cut off are the American utilities Cameco has spent years signing.
The company has contracts in place for average annual deliveries of more than 28 million pounds of uranium over the next five years, with commitments above that average from 2026 through 2028. A restriction could push uranium prices higher. But it could also put Cameco's own deliveries, and its standing as the Western supplier utilities count on, at risk.
And prices are already moving Cameco's way without an embargo. The company's average realized uranium price was $67.79 per pound in U.S. dollars in the second quarter, up 18% from $57.35 a year earlier. Its first-half average of $66.96 was up 12% year over year. The direction is steady: as higher market prices feed through its market-related contracts, each period's average climbs.
So the threat itself is likely worth more to Cameco than an actual restriction would be. After all, every escalation reminds utilities that most of their fuel starts somewhere else, and long-term supply contracts are what Cameco has been patient about signing.
Today's Change
(
-5.94
%) $
-6.32
Current Price
$
100.01
The stock, meanwhile, gives the company a lot of credit. Cameco's market value sits near $47 billion in U.S. dollars.
That heft comes against second-quarter net earnings of 25 million Canadian dollars and first-half net earnings of 156 million Canadian dollars. Those results were held down by weaker earnings from Westinghouse, the nuclear-technology company Cameco owns a stake in.
Even after Tuesday's gain, shares are about 21% below their 52-week high of $135.24. But this is not a value stock, and the price arguably assumes years of growth.
Of course, a restriction may never come. Ford's warning was a threat, not a policy. But it pointed at what Cameco owns -- and at why utilities keep signing long-term contracts with Cameco.
Cameco v 1. pololetí 2026 snížila podíl na produkci uranu o 5 % na 10,1 milionu liber. Roční výhled na 19,5–21,5 milionu liber ponechala beze změny navzdory výpadkům v provozu.
Key Takeaways Cameco's H1 uranium production fell 5%, with McArthur River/Key Lake gains offset by lower Cigar Lake output.Key Lake faces a longer-than-normal Q3 maintenance outage, while Cigar Lake halted for two weeks in July.Cameco kept 2026 production guidance at 19.5-21.5M pounds despite operational disruptions. Cameco Corporation (CCJ - Free Report) reported a 5% decline in its share of uranium production to 10.1 million pounds in the first half of 2026. Performance across key operations was mixed, with higher production at McArthur River/Key Lake offset by lower output at Cigar Lake.
Cameco’s share of packaged production from McArthur River and Key Lake rose 14% year over year to 5.8 million pounds. Production has been higher in 2026 due to differences in the mine plan.
However, operations faced temporary disruptions in May when flooding in northern Saskatchewan affected the primary transportation route to supply the McArthur River and Key Lake operations. Although the sites had not been impacted, the disruption to the delivery of critical operating materials and reagents led to a temporary suspension of production at Key Lake and reduced mining activity at McArthur River for around two weeks.
The annual maintenance outage at the Key Lake mill is scheduled for the third quarter. The shutdown is expected to last longer than normal due to the nature of the work being performed. Cameco cautioned that production could be affected if the restart encountered challenges or there are delays in commissioning new equipment. The company, however, maintained its share of production from McArthur River/Key Lake at 10.0-11.5 million pounds for 2026. Cameco’s share from the operations was 10.5 million pounds in 2025.
Cameco’s share of packaged production from Cigar Lake declined to 4.3 million pounds in the first six months of 2026 from 5.5 million pounds in the prior year period. The decline mainly reflected the impact of the annual maintenance outage, which was carried out in the second quarter this year, as opposed to the third quarter last year.
In July, Cigar Lake temporarily suspended production for two weeks due to operational challenges at Orano’s McClean Lake mill. The mine’s production outlook for 2026, however, remains unchanged and Cameco’s share remains at 9.5-10.0 million pounds. The company’s share of production from Cigar Lake was 9.2 million pounds.
In July 2026, Cameco increased its ownership stake to 57.4% in Cigar Lake. Its share of 2026 expected production from the operation remains unchanged based on the new ownership structure.
Cameco’s expected total production for 2026 is at 19.5-21.5 million pounds compared with 23.4 million pounds in 2025.
Peer Energy Fuels Inc. (UUUU - Free Report) mined ore containing 315,000 pounds of uranium in the second quarter, bringing first-half mined production to 740,000 pounds. Finished uranium production totaled 865,000 pounds in the second quarter and 1.7 million pounds in the first half.
With first-half finished production already above the low end of its full-year guidance, Energy Fuels has made solid progress toward its 2026 target of 1.5-2.5 million pounds of finished uranium. The company expects to mine 2.0-2.5 million pounds of contained uranium during 2026.
CCJ’s Price Performance, Valuation & EstimatesIn the past year, Cameco shares have gained 36.5% against the industry’s 1% dip. Energy Fuels gained 34.4% while Centrus Energy (LEU - Free Report) declined 10.4% in the same timeframe.
Image Source: Zacks Investment Research
CCJ stock is trading at a forward price-to-sales ratio of 18.06 compared with the industry’s 4.83. Energy Fuels is trading higher at 19.67, while Centrus Energy is trading lower at 8.18.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Cameco’s earnings for 2026 of $1.27 per share indicates year-over-year growth of 23.3%. The same for 2027 implies growth of 69.4%.
Image Source: Zacks Investment Research
The consensus estimate for Cameco’s earnings for 2026 has moved down over the past 60 days, while the same for 2027 has moved up, as shown in the chart below.
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.
Invitation Homes ve 2. čtvrtletí zvýšila core FFO na akcii na 51 centů a výnosy o 9,7 % na 747,55 mil. USD, zároveň navýšila celoroční výhled core FFO pro rok 2026.
It has been about a month since the last earnings report for Invitation Home (INVH - Free Report) . Shares have lost about 1.5% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Invitation Home due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
Invitation Homes Q2 FFO Beats on NOI Growth, Revenues Top, '26 View UpInvitation Homes reported second-quarter 2026 core FFO per share of 51 cents, beating the Zacks Consensus Estimate of 49 cents. The figure increased 5% from a year earlier.
The results benefited from NOI growth, higher lease rates, the ResiBuilt acquisition and $49.46 million of homebuilding revenues. Same-store NOI advanced 1.5%. The company raised its 2026 core FFO per share guidance.
Total revenues improved 9.7% year over year to $747.55 million and surpassed the consensus mark by 4.7%.
Invitation Homes' Broader Revenue Mix Supports GrowthRental revenues increased 1.8% year over year to $602.99 million, while other property income climbed 13.2% to $75.37 million. These gains offset an 11.5% decline in management fee revenues to $19.74 million.
Homebuilding activities added a new source of growth following the ResiBuilt acquisition in January 2026. However, the associated cost of sales totaled $42.22 million, indicating that the business contributed less to profitability than its top-line impact alone suggests.
Invitation Homes Posts Steady Same-Store GainsThe same-store portfolio comprised 77,326 homes, representing 90.4% of the total portfolio. Core revenues grew 1.6%, primarily driven by a 2% increase in the average monthly rent, partly offset by a 20-basis-point decline in average occupancy.
Average occupancy was 97.1%, while bad debt remained stable at 0.6% of gross rental revenues. The turnover rate improved to 5.7% from 6.2%, supporting leasing stability despite slower rent growth compared with the prior-year quarter.
Invitation Homes' New Lease Spreads Return to PositiveRenewal rent growth was 3.3%, down from 4.7% a year ago. New lease rent growth moderated to 1.1% from 2.1%, resulting in blended rent growth of 2.7% compared with 4% in the prior-year period.
Still, the new lease result marked a notable sequential improvement from the 3% decline recorded in the first quarter. Average monthly rent reached $2,480, up from $2,431 a year earlier and $2,471 in the preceding quarter.
Invitation Homes Accelerates Dispositions and BuybacksThe company sold 657 wholly owned homes for gross proceeds of approximately $309 million and acquired 196 homes for about $74 million. It generated roughly $234 million in net disposition proceeds, which supported share repurchases and debt reduction.
Invitation Homes repurchased nearly 3.5 million shares during the quarter for approximately $100 million. Since December 2025, the company has bought back 22.8 million shares for $600 million. It retained $400 million under its current repurchase authorization at quarter-end.
Invitation Homes Maintains Ample Financial FlexibilityInvitation Homes ended June with $1.55 billion of available liquidity. Total indebtedness was $8.59 billion, of which 83.8% was unsecured, and 92.4% was fixed-rate or swapped to fixed-rate debt. Net debt to trailing 12-month adjusted EBITDAre was 5.4X, below the targeted range of 5.5X-6X.
Subsequent to quarter-end, the company completed a $500 million offering of 4.95% senior notes due in 2032. The proceeds were used to reduce a secured debt obligation maturing in June 2027, extending the weighted average debt maturity and reducing secured borrowings.
Invitation Homes Raises Its 2026 OutlookInvitation Homes raised its full-year 2026 core FFO guidance to $1.92-$1.98 per share, lifting the midpoint by a penny to $1.95.
The company narrowed its same-store core revenue growth outlook to 1.5%-2.3%, and its NOI growth range to 0.4%-1.9%, leaving both midpoints unchanged. It raised its wholly owned disposition target to $750-$950 million from a prior midpoint of $550 million, reflecting favorable private-market valuations.
How Have Estimates Been Moving Since Then?It turns out, estimates review have trended downward during the past month.
VGM ScoresAt this time, Invitation Home has a poor Growth Score of F, a grade with the same score on the momentum front. However, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Invitation Home has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
West Pharmaceutical Services, Inc. (NYSE:WST – Get Free Report) has earned an average rating of “Moderate Buy” from the fifteen brokerages that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $368.0769.
A number of research analysts have recently commented on WST shares. Stephens reiterated an “overweight” rating and issued a $360.00 price target on shares of West Pharmaceutical Services in a research note on Tuesday, June 2nd. Zacks Research lowered West Pharmaceutical Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Morgan Stanley upped their target price on West Pharmaceutical Services from $325.00 to $365.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. Barclays upgraded West Pharmaceutical Services from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $310.00 to $400.00 in a research report on Tuesday, June 9th. Finally, KeyCorp lifted their price target on West Pharmaceutical Services from $350.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, July 2nd.
Get Our Latest Report on WST
West Pharmaceutical Services Price Performance WST stock opened at $338.21 on Monday. The stock has a market cap of $23.80 billion, a price-to-earnings ratio of 43.30, a P/E/G ratio of 2.36 and a beta of 1.15. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.82 and a quick ratio of 2.12. The company has a 50 day simple moving average of $350.55 and a 200 day simple moving average of $304.00. West Pharmaceutical Services has a 1 year low of $223.83 and a 1 year high of $386.00. West Pharmaceutical Services (NYSE:WST – Get Free Report) last issued its earnings results on Thursday, July 23rd. The medical instruments supplier reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.29. The firm had revenue of $872.30 million for the quarter, compared to analyst estimates of $839.98 million. West Pharmaceutical Services had a net margin of 16.98% and a return on equity of 20.11%. The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business posted $1.84 earnings per share. West Pharmaceutical Services has set its Q3 2026 guidance at 2.140-2.240 EPS and its FY 2026 guidance at 8.850-9.050 EPS. Research analysts anticipate that West Pharmaceutical Services will post 8.93 EPS for the current fiscal year.
West Pharmaceutical Services Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, July 29th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Wednesday, July 29th. West Pharmaceutical Services’s dividend payout ratio (DPR) is 11.27%.
Institutional Investors Weigh In On West Pharmaceutical Services A number of institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System increased its holdings in West Pharmaceutical Services by 36,590.8% in the second quarter. California State Teachers Retirement System now owns 40,592,489 shares of the medical instruments supplier’s stock valued at $14,572,704,000 after purchasing an additional 40,481,855 shares during the period. BlackRock Inc. bought a new position in West Pharmaceutical Services during the 2nd quarter worth $2,387,990,000. Bank of New York Mellon Corp acquired a new position in West Pharmaceutical Services during the 2nd quarter worth about $733,733,000. Generation Investment Management LLP acquired a new position in West Pharmaceutical Services during the 2nd quarter worth about $728,168,000. Finally, Norges Bank bought a new stake in shares of West Pharmaceutical Services in the 4th quarter valued at about $272,041,000. 93.90% of the stock is owned by institutional investors.
West Pharmaceutical Services Company Profile (Get Free Report)
West Pharmaceutical Services, Inc is a global developer and manufacturer of components, systems and services that enable the containment and delivery of injectable drugs. The company focuses on high-quality packaging and delivery solutions for the pharmaceutical and biotech industries, producing primary drug packaging components and specialized drug delivery devices used for vaccines, biologics and other injectable therapies. West is known for its elastomeric closures, seals and polymer components that maintain sterility and compatibility with sensitive drug formulations.
In addition to component manufacturing, West provides engineered delivery systems and support services across the product lifecycle.
Featured Stories Five stocks we like better than West Pharmaceutical Services Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally Rubrik’s AI Security Bet Could Power the Next Leg Higher Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for West Pharmaceutical Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West Pharmaceutical Services and related companies with MarketBeat.com's FREE daily email newsletter.
Bank of Nova Scotia ve 2. čtvrtletí otevřela novou pozici v Atmos Energy za zhruba 6,27 milionu USD. Institucionální investoři nyní drží 90,17 % akcií společnosti.
Bank of Nova Scotia purchased a new position in Atmos Energy Corporation (NYSE:ATO – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,395 shares of the utilities provider’s stock, valued at approximately $6,270,000.
Several other institutional investors have also recently made changes to their positions in ATO. BlackRock Inc. acquired a new position in shares of Atmos Energy in the 2nd quarter valued at $2,624,975,000. Deutsche Bank AG acquired a new stake in Atmos Energy during the 2nd quarter worth about $431,677,000. Norges Bank purchased a new stake in Atmos Energy during the 4th quarter valued at about $331,426,000. Bank of America Corp DE grew its stake in Atmos Energy by 94.9% during the 2nd quarter. Bank of America Corp DE now owns 3,652,267 shares of the utilities provider’s stock valued at $562,851,000 after purchasing an additional 1,778,653 shares during the last quarter. Finally, GQG Partners LLC acquired a new position in shares of Atmos Energy in the second quarter valued at about $202,443,000. Institutional investors own 90.17% of the company’s stock.
Insider Buying and Selling at Atmos Energy In related news, Director William James Ware acquired 300 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $167.59 per share, with a total value of $50,277.00. Following the transaction, the director owned 488 shares of the company’s stock, valued at approximately $81,783.92. This trade represents a 159.57% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 0.43% of the stock is currently owned by corporate insiders.
Atmos Energy Stock Down 0.1% Shares of ATO opened at $167.58 on Wednesday. The stock has a 50 day moving average price of $173.50 and a 200 day moving average price of $178.31. Atmos Energy Corporation has a one year low of $160.10 and a one year high of $192.51. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.73 and a current ratio of 0.81. The stock has a market capitalization of $28.32 billion, a price-to-earnings ratio of 19.93, a PEG ratio of 2.91 and a beta of 0.60. Atmos Energy (NYSE:ATO – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The utilities provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.08. The firm had revenue of $879.06 million for the quarter, compared to the consensus estimate of $900.82 million. Atmos Energy had a net margin of 28.50% and a return on equity of 9.67%. During the same period last year, the firm posted $1.16 earnings per share. Atmos Energy has set its FY 2026 guidance at 8.400-8.500 EPS. Equities research analysts forecast that Atmos Energy Corporation will post 8.46 earnings per share for the current fiscal year.
Atmos Energy Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, August 24th. Atmos Energy’s dividend payout ratio (DPR) is 47.56%.
Wall Street Analysts Forecast Growth A number of equities analysts have issued reports on the stock. Truist Financial reduced their price target on shares of Atmos Energy from $188.00 to $179.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Morgan Stanley cut their price objective on shares of Atmos Energy from $196.00 to $190.00 and set an “equal weight” rating on the stock in a research note on Friday, August 21st. Barclays reduced their target price on shares of Atmos Energy from $184.00 to $183.00 and set an “equal weight” rating for the company in a report on Tuesday, July 14th. Wells Fargo & Company began coverage on shares of Atmos Energy in a research report on Monday, July 13th. They set an “overweight” rating and a $200.00 target price for the company. Finally, TD Cowen upped their price target on shares of Atmos Energy from $193.00 to $196.00 and gave the company a “hold” rating in a report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Atmos Energy has a consensus rating of “Hold” and a consensus target price of $187.73.
Read Our Latest Analysis on ATO
Atmos Energy Company Profile (Free Report)
Atmos Energy Corporation (NYSE: ATO) is a U.S.-based natural-gas utility that primarily focuses on the regulated distribution of natural gas. Headquartered in Dallas, Texas, the company operates through local distribution systems to deliver natural gas to residential, commercial, industrial and electric generation customers. Atmos’s core activities include pipeline operations, gas distribution, system maintenance and reliability programs designed to ensure safe and continuous service to its customers.
The company’s services encompass gas delivery, system integrity and maintenance, storage and transmission connections, and customer-facing programs such as billing, conservation initiatives and energy-efficiency offerings.
Featured Stories Five stocks we like better than Atmos Energy Pathward’s Credit Scare Tests Its Comeback Story Wiring the AI Boom: Rumble’s $13.7B Pivot StoneX: Too Far Too Fast? DICK’s Sporting Goods Faces Pain Now for a Bigger Prize Want to see what other hedge funds are holding ATO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atmos Energy Corporation (NYSE:ATO – Free Report).
Receive News & Ratings for Atmos Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atmos Energy and related companies with MarketBeat.com's FREE daily email newsletter.
Carrier Global po poslední výsledkové zprávě za měsíc ztratila zhruba 2 %. Firma zároveň zvýšila celoroční výhled tržeb na asi 23 miliard USD a upraveného zisku na přibližně 2,90 USD na akcii.
A month has gone by since the last earnings report for Carrier Global (CARR - Free Report) . Shares have lost about 2% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Carrier Global due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Carrier Global Corporation before we dive into how investors and analysts have reacted as of late.
Carrier Q2 Earnings & Sales Top Estimates, HVAC Orders Up Y/YCarrier reported better-than-expected second-quarter 2026 financial results with adjusted earnings and net sales surpassing the Zacks Consensus Estimate. On the other hand, the bottom line declined year over year while the top line grew.
The company’s organic expansion marked an earlier-than-expected return to growth, aided by improving residential and light commercial conditions in the Americas and Europe. During the quarter, CARR’s orders jumped roughly 40%, while commercial HVAC orders increased about 65%, reflecting robust data-center demand.
Carrier’s Q2 Earnings & Sales TrendsThe quarter’s adjusted earnings per share were 86 cents, down 7% year over year but 3.6% above the Zacks Consensus Estimate of 83 cents.
Net sales increased 4% to $6.35 billion year over year and beat the consensus mark by 5.5%. Product sales increased to $5.63 billion from $5.48 billion in the year-ago quarter. Service sales advanced to $717 million from $636 million, providing a stronger recurring-revenue contribution.
CARR's Americas Unit Leads Quarterly GrowthClimate Solutions Americas generated sales of $3.37 billion, up 4% on both a reported and organic basis. Residential sales increased 9%, while light commercial sales rose 10% on solid retail and K-12 demand. Commercial sales declined 8% because of customer delivery timing. Segment operating profit decreased 6% to $823 million year over year, while margin fell 260 basis points (bps) to 24.4%, as price-led revenue growth was outweighed by input costs and an unfavorable mix.
Carrier Sees Mixed Regional Segment TrendsClimate Solutions Europe revenues increased 6% to $1.32 billion, including 3% organic growth. Residential and light commercial sales rose high-single digits, supported by an approximately 20% increase in heat-pump sales, while commercial revenues declined mid-single digits.
Climate Solutions Asia Pacific, Middle East & Africa sales grew 4% to $917 million. Double-digit gains in India, the Middle East, Southeast Asia and Australia offset continued weakness in China. Transportation revenues rose 2% to $738 million, as roughly 40% container growth countered low-teens declines in global truck and trailer sales.
CARR Faces Margin Pressure Across BusinessesAdjusted operating profit declined 6% year over year to $1.10 billion. Adjusted operating margin contracted 190 bps to 17.2%, as favorable volume and productivity were more than offset by higher input costs and an unfavorable business mix.
Reported operating profit fell 9% to $825 million, with the corresponding margin narrowing 180 bps to 13%. A higher adjusted effective tax rate of 23.2%, compared with 22.1% a year earlier, also weighed on earnings, while a lower share count offered a partial offset.
Carrier Generates Strong Cash Flow & Returns CapitalOperating cash flow totaled $927 million, up from $649 million in the prior-year quarter. After capital expenditures of $117 million, free cash flow reached $810 million compared with $568 million a year earlier.
Carrier returned about $640 million to shareholders through dividends and share repurchases during the second quarter. The company maintained its full-year free cash flow target of approximately $2 billion and share-repurchase expectation of about $1.5 billion.
CARR Lifts 2026 Sales & Profit OutlookCarrier raised its 2026 sales outlook to approximately $23 billion from about $22 billion. The company now expects organic sales growth in the mid-to-high-single-digit range, compared with its prior expectation of flat to low-single-digit growth. Adjusted operating profit is projected at roughly $3.5 billion, up from the previous forecast of $3.4 billion. Adjusted earnings guidance increased to approximately $2.90 per share from $2.80, including an estimated five-cent headwind from the NORESCO exit and start-up costs for a new U.S. manufacturing facility.
How Have Estimates Been Moving Since Then?It turns out, estimates review have trended downward during the past month.
VGM ScoresAt this time, Carrier Global has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Following the exact same course, the stock was allocated a score of C on the value side, putting it in the middle 20% for value investors.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions looks promising. Interestingly, Carrier Global has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Performance of an Industry PlayerCarrier Global belongs to the Zacks Building Products - Air Conditioner and Heating industry. Another stock from the same industry, Comfort Systems (FIX - Free Report) , has gained 6.3% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026.
Comfort Systems reported revenues of $3.27 billion in the last reported quarter, representing a year-over-year change of +50.3%. EPS of $12.53 for the same period compares with $6.53 a year ago.
Comfort Systems is expected to post earnings of $12.06 per share for the current quarter, representing a year-over-year change of +46.2%. Over the last 30 days, the Zacks Consensus Estimate has changed +1.5%.
Comfort Systems has a Zacks Rank #1 (Strong Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C.
Essex Property Trust ve 2Q zvýšil core FFO na akcii na 4,08 USD, překonal odhad a zvedl celoroční výhled na 16,03–16,25 USD. Tržby vzrostly meziročně o 4,1 % na 489,05 milionu USD.
A month has gone by since the last earnings report for Essex Property Trust (ESS - Free Report) . Shares have lost about 0.4% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Essex Property Trust due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Essex Property Trust, Inc. before we dive into how investors and analysts have reacted as of late.
Essex Q2 FFO Beats Estimates on Higher Property NOI, ’26 View RaisedEssex Property Trust reported second-quarter 2026 core FFO per share of $4.08, beating the Zacks Consensus Estimate of $4.03. The figure also increased 1.2% from the year-ago quarter.
The outperformance reflected higher same-property and non-same-property NOI. ESS raised its 2026 FFO per share guidance.
Total revenues were $489.05 million, which rose 4.1% year over year and came ahead of the consensus mark of $487.32 million. Same-property revenues and NOI grew 2.7% and 2.6%, respectively, while financial occupancy edged up 10 basis points year over year to 96.3%.
Essex' Same-Property Revenue Momentum ContinuesSame-property revenue growth was primarily driven by a 2.2% increase in scheduled rents. Other income contributed another 0.6%, while delinquency reduced growth by 0.1%. Cash concessions and vacancy had no year-over-year impact.
Sequentially, same-property revenues improved 0.8% from the first quarter of 2026. Scheduled rents added 0.9%, and other income contributed 0.2%. These gains were partly offset by a 0.2% vacancy impact and a 0.1% delinquency drag.
Essex Property's Northern California Markets LeadNorthern California remained the strongest part of Essex Property’s West Coast portfolio. Same-property revenues in the region increased 4.4% year over year, while operating expenses declined 1.2%. Regional NOI advanced 6.8%. Northern California also achieved 1.8% sequential revenue growth and a 3.4% increase in NOI.
Southern California revenues grew 1.5%, with NOI up 1.1%. Seattle Metro revenues increased 1.7%, but a 14.2% surge in operating expenses resulted in a 2.7% decline in NOI.
Essex' Occupancy Remains Stable Across MarketsSame-property financial occupancy was 96.3% at quarter-end compared with 96.2% a year earlier and 96.5% at the end of the first quarter. The modest sequential decline accompanied positive revenue growth across the overall portfolio.
Northern California posted the highest occupancy at 96.8%, up from 96.6% a year ago. Seattle’s occupancy was unchanged at 96.4%, while Southern California improved 10 basis points year over year to 95.7%.
Same-property operating expenses increased 2.8% from the prior-year quarter. Despite the expense growth, portfolio NOI reached $316.8 million, up from $308.7 million a year earlier.
Essex Property Advances Its Investment StrategyDuring the quarter, a joint venture in which Essex holds a 50% interest sold a 218-unit apartment community in San Jose for $105.3 million. The company’s pro rata share of the transaction was $52.6 million, and it recorded a $9.2 million gain.
Essex also received $87.8 million from the full redemption of three structured finance investments. These investments generated a weighted average return of 11.6%.
Subsequent to quarter-end, another 50%-owned joint venture originated two preferred equity investments totaling $36.2 million, or $18.1 million at Essex’s share. The investments carry an initial preferred return of 11.5%.
Essex Property Maintains Financial FlexibilityEssex ended June with approximately $1.4 billion of liquidity. This included $1.23 billion of available unsecured commitments and $167 million of cash, equivalents, marketable securities and undrawn equity forward contracts.
Net indebtedness to adjusted EBITDAre improved to 5.4X from 5.5X in both the prior quarter and the year-ago period. Debt to total assets was 34%, while 93% of adjusted NOI came from unencumbered assets.
The company repurchased 48,261 shares during the quarter for $11.7 million. Year to date, it bought back 254,001 shares for $61.9 million and retained $500 million of repurchase authority at quarter-end.
Essex Raises Its 2026 Core FFO OutlookEssex raised its full-year 2026 core FFO guidance to $16.03-$16.25 per share from $15.69-$16.19. The revised midpoint of $16.14 represents a 20-cent increase. For the third quarter, Essex expects core FFO per share of $3.93-$4.05.
Management also lifted its same-property revenue growth outlook to 2.5%-3.1% from 1.7%-3.1%. The NOI growth range was raised to 2.3%-3.3% from 0.8%-3.4%, while the operating expense range was narrowed to 2.5%-3%.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in estimates revision.
VGM ScoresCurrently, Essex Property Trust has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. However, the stock was allocated a score of D on the value side, putting it in the bottom 40% for value investors.
Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, Essex Property Trust has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Lucid Group LCID v pondělí klesl asi o 7,7 %, protože na akcie růstových společností dolehla nová hrozba cel pro automobilový sektor. Firma přitom minulý týden rozšířila evropskou síť o prvního maloobchodního partnera v Nizozemsku.
Lucid Group LCID shares fell about 7.7% Monday as pressure on growth stocks outweighed recent developments in the electric-vehicle maker's European retail strategy.
Investors were also weighing a new threat to the auto sector after President Donald Trump said the U.S. plans to impose 50% tariffs on Canadian auto imports starting in 2027. Higher Treasury yields added to the pressure on rate-sensitive growth names.
Lucid last week expanded its European footprint by naming Munsterhuis Autobedrijven as its first retail partner in the Netherlands. The arrangement adds sales, leasing and service capabilities in Hengelo to Lucid's existing presence in Hilversum.
Attention also remains on the company's restructuring plan. Lucid is targeting $1.4 billion in cash-flow savings through lower capital spending, workforce reductions and working-capital measures. With $3 billion of liquidity, investors are watching the production ramp at its AMP-2 facility in Saudi Arabia and development of its midsize vehicle platform.
Near-term trading may remain sensitive to tariffs, interest rates and execution on Lucid's cost-cutting and production plans.
Lucid odložil crossover Cosmos nejdříve na příští rok a zároveň uvedl Gravity GT-S, který označuje za nejvýkonnější třířadé SUV v USA. Startovací cena má být kolem 128 000 USD.
Lucid Group (LCID -1.57%) has had a rough year or two and could use some positive news. The electric vehicle (EV) company announced it would delay its Cosmos crossover until at least next year (it was previously scheduled for launch in late 2026). It's still bleeding cash and posted a net loss of $1 billion during the second quarter.
Management is now working on a plan to save cash, including two rounds of layoffs this year alone. The young EV maker went as far as to hire consulting firm AlixPartners to help with a turnaround plan. In a rare moment of good news from the company, it announced the 2027 Gravity GT-S. But is this a development that can move the needle?
Interior of Lucid Gravity GT-S. Image source: Lucid
Creating? Or remixing? Lucid is reviving the 1,070-horsepower drivetrain from its discontinued Dream Edition for the GT-S, which it claims to be America's most powerful three-row crossover, barely surpassing the nearest competitor, Rivian's R1S three-row crossover, which has 1,025 horsepower. It's a lot of power, but Lucid's flaw has never been its ability to create excellent EVs.
The problems with Lucid have been production hiccups, supplier bottlenecks, product delays, and the inability to lower costs to consistently improve its gross margins -- a feat rival Rivian continues to excel at.
The Gravity GT-S could certainly make a marketing splash, but it almost certainly won't move the needle on sales volume at a starting price approaching $128,000. The high end of the EV industry has been saturated by automakers' attempts to make EVs as profitable as possible, with many companies continuing to lose large sums on the vehicles.
The Gravity GT-S will at least be cheaper than the limited-run Dream Edition, which sold for over $141,000 as a 2026 model. There's little doubt it will be flashy, but that's perhaps where the positive news ends.
Demand for Lucid's other Gravity trim versions has so far been uneven at best due to high pricing that often exceeded $100,000 in luxury configurations, a number of delivery disruptions, and a stop-sale order on the stock. It has also taken some heat for software bugs and other minor issues, and there is some buyer hesitation regarding the company's long-term financial situation and dependence on Saudi Arabia's Public Investment Fund (PIF) for billions of dollars in support.
The GT-S won't solve problems Unfortunately, the Gravity GT-S won't address many of the valid Lucid concerns facing consumers and investors. There were rumors earlier this year that Lucid was considering bankruptcy or going private, since Saudi Arabia's PIF already owns about 60% of the company.
Management strongly denied both rumors and will now rely on AlixPartners to help improve operations, lower costs, and save cash. AlixPartners has not recommended bankruptcy.
Premium Feature
Moneyball Superscore
51/100
Today's Change
(
-1.57
%) $
-0.08
Current Price
$
5.01
The delayed Cosmos SUV, which is targeting a price around $50,000 and was expected to open doors to an even wider market than the Gravity, is arguably a bigger announcement than the GT-S. That's because Lucid is between a rock and a hard place.
Amid a management shake-up and a new CEO, it needs to build scale and fill its production capacity to help lower costs, which the Cosmos would help with, but a 2026 launch would have been a lot to take on while still working out the issues with Gravity production and delivery. Lucid needs the Cosmos as soon as possible, but only when it's well prepared to handle another big launch with fewer operational and supply issues.
The Gravity GT-S could help draw eyes to the company's more affordable options, similar to a "halo" car. But it's a high-priced vehicle in a saturated segment, when the company really needs to double down on cutting costs without sacrificing quality and improving operations to conserve cash.
Lucid needs answers, and maybe AlixPartners will come through, because its flashy GT-S isn't going to solve any of the numerous problems facing long-term investors.
Lucid po výsledcích hospodaření za 2. čtvrtletí a oznámení „operational reset“ klesl za poslední měsíc o 23 % a letos už o 53 %. Nový CEO zároveň plánuje snížit náklady o další 1 miliardu USD, odložit model Cosmos a zrušit 1 500 míst.
Lucid's new CEO unveiled a sweeping list of fixes, partnerships, and bold promises, but Wall Street responded by punishing the stock hard. The question now is whether the company can survive long enough to compete in markets dominated by rivals…
Lucid’s (NASDAQ: LCID | LCID Price Prediction) shares rallied into the summer as it moved from below $3 in mid-July to $8 by the end of the month. In the last month, they have collapsed 23% and are now down 53% for the year. Clearly, Wall St. sees what was once a troubled company as deeply troubled.
Investors disliked second-quarter earnings and winced when new CEO Silvio Napoli said he had started an “operational reset.” He said current models were not enough to take the company forward and that it needed new products. He said he planned to cut expenses by another $1 billion. He said that the company’s new Cosmos, priced below $50,000, would be delayed until next year. And he chopped 1,500 people. This is after layoffs several months ago.
Napoli’s list of plans may have been too long to be believable. The company will use Nuro’s self-driving software to partner with Uber (NYSE: UBER). It will be built on the all-electric Gravity SUV. The announcement of the deal was nothing short of breathless: “Setting a new standard for safe, sustainable, and scalable autonomous transportation worldwide with a next-generation global robotaxi program. This is a first-of-its-kind partnership built on expertise, collaboration, and trust,” the companies said.
The reason for the panic is simple. Lucid continues to lose money and makes very few vehicles. It has cut costs, a move that is as old as the mountains. And it is unclear how much was fat and how much was muscle.
The sub-$50,000 EV is a product most EV companies know they need to restart slow EV sales. That means competition. And the self-driving taxi business is full to overflowing. That includes Tesla (NASDAQ: TSLA) and Waymo, who have access to huge amounts of capital and have been in the field for months, if not years.
Lucid is chasing business where it is not close to the first company in line. And, well behind others, it does not have the money to catch up.
Contact [email protected] for any questions or corrections.
Lucid ve čtvrtletí zvýšil tržby o 56 % na 405 milionů USD, ale provozní ztráta se prohloubila na téměř 1,1 miliardy USD a cash burn přesáhl 1,2 miliardy USD.
It's been a wild ride for Lucid Group (LCID -1.57%) shares this summer. In July, the stock briefly fell to $2.37 per share amid bankruptcy rumors. Shares sharply rebounded when the company denied these rumors, but since then, this floundering electric vehicle (EV) stock has fallen back into a downward spiral.
Why? Chalk it up to Lucid's latest quarterly earnings. The company once again reported heavy cash burn and results that fell short of expectations. Management also candidly conceded major flaws in its past execution. Yet while newly appointed CEO Silvio Napoli may have been trying to hit the "reset button," all this did was remind investors how Lucid remains a clunker among electric car stocks.
Image source: Getty Images.
Lucid, earnings, and the ongoing cash burn problem Lucid reported earnings after market close on Aug. 4. Having released its delivery numbers a month earlier, investors already had a strong sense of the company's top-line performance. During the quarter ended June 30, Lucid produced and delivered 4,774 and 3,953 vehicles, respectively. For comparison, production and deliveries in the prior year's quarter totaled 3,863 and 3,309 vehicles, respectively.
Chalk up the 23.5% and 19.4% increases in production and delivery to the launch of Lucid's Gravity electric SUV. Given the higher base price of the Gravity line, investors expected a large year-over-year increase in revenue. However, while sales did increase 56%, to $405 million, topping analyst forecasts, investors focused more greatly on profitability, or the lack thereof.
During Q2, operating losses totaled nearly $1.1 billion, up from around $800 million during the prior year's quarter. Operating cash burn totaled over $1.2 billion, up from $830 million in Q2 2025. Making matters worse, management walked back its full-year deliveries guidance, from 21,000 to 19,000 vehicles. Management's discussion of its turnaround plans only underscored how Lucid remains a work in progress. With this, it's no surprise that the stock, after zooming back over threefold from its lows, has pulled back by nearly a third since earnings day.
Premium Feature
Moneyball Superscore
51/100
Today's Change
(
-1.57
%) $
-0.08
Current Price
$
5.01
Yet another warning for investors For long-term investors, Lucid remains a losing proposition. Rival early-stage EV companies like Rivian Automotive may still face profitability challenges, but Rivian has at least reached a point where it's posting positive gross profit, all while scaling up toward six-figure annual vehicle sales volume.
Meanwhile, Lucid remains stuck resolving these key hurdles to success. Yes, with Saudi Arabia's Public Investment Fund (PIF) as its majority shareholder, Lucid still has a deep-pocketed backer by its side. There's little risk of the company going bankrupt anytime soon, even as it's burning through over $1 billion per quarter, with $3 billion in total liquidity.
Still, this only means that further financial support from PIF will lead to further share dilution. In the past six months alone, Lucid's share count has increased from 327.7 million to 394.1 million. Even if the situation improves, an ever-increasing share count will water down the upside.
With this in mind, stick to the sidelines, at least until some green shoots appear. Given how Lucid has fallen by 97.6% over the past five years, if a turnaround truly takes shape, it will likely take time for investors to warm back up to what was once one of the most popular growth stocks.
Lucid svolává v USA 27 185 vozů Air kvůli riziku přehřátí vnějšího světelného okruhu a požáru. Firma už vydala bezdrátovou aktualizaci softwaru k opravě.
Electric vehicle maker Lucid (LCID.O) is recalling 27,185 of its flagship Air luxury sedans in the U.S., because an exterior lighting circuit could overheat and increase the risk of a fire, the National Highway Traffic Safety Administration said on Friday.
Here are some details:
The NHTSA recall notice asked owners to park their vehicles outside and away from structures until a remedy is deployed.
The overheated circuit could also cause loss of exterior lighting, which could, in turn, increase the risk of a crash, according to the NHTSA.
Lucid has released an over-the-air software update to fix the issue and has already determined that 20,719 vehicles have received the update, the NHTSA added.
The recall marks Lucid's largest to date, encompassing more vehicles than the company delivered throughout 2025, when it handed over 15,841 cars.
In May, Lucid recalled 2,039 vehicles due to loss of drive power, while it also recalled more than 10,000 vehicles in January this year over rearview camera image issues.
Lucid is backed by Saudi Arabia's Public Investment Fund (PIF).
Ancora Advisors koupila novou pozici v Corning a ve 2. čtvrtletí získala 13 294 akcií za zhruba 3,396 milionu USD. Corning zároveň oznámila kvartální EPS 0,78 USD, nad odhadem 0,76 USD, a výnosy 4,74 miliardy USD.
Ancora Advisors LLC purchased a new position in shares of Corning Incorporated (NYSE:GLW – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 13,294 shares of the electronics maker’s stock, valued at approximately $3,396,000.
Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in Corning by 1.2% during the third quarter. State Street Corp now owns 37,008,856 shares of the electronics maker’s stock worth $3,035,836,000 after buying an additional 439,883 shares during the last quarter. Geode Capital Management LLC lifted its position in Corning by 2.6% in the 4th quarter. Geode Capital Management LLC now owns 20,411,824 shares of the electronics maker’s stock valued at $1,781,250,000 after acquiring an additional 517,067 shares in the last quarter. Capital Research Global Investors lifted its position in shares of Corning by 52.7% during the 4th quarter. Capital Research Global Investors now owns 16,890,802 shares of the electronics maker’s stock worth $1,478,959,000 after buying an additional 5,831,873 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Corning by 8.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 13,763,148 shares of the electronics maker’s stock worth $724,432,000 after buying an additional 1,036,988 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Corning in the fourth quarter valued at approximately $921,435,000. Institutional investors and hedge funds own 69.80% of the company’s stock.
Corning Price Performance Shares of NYSE:GLW opened at $152.76 on Thursday. The company has a quick ratio of 1.24, a current ratio of 1.81 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $131.59 billion, a PE ratio of 69.75, a P/E/G ratio of 1.88 and a beta of 1.14. Corning Incorporated has a twelve month low of $66.14 and a twelve month high of $271.78. The company has a 50-day moving average price of $172.96 and a two-hundred day moving average price of $164.50.
Corning (NYSE:GLW – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The electronics maker reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.02. Corning had a net margin of 11.20% and a return on equity of 20.09%. The company had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.63 billion. During the same period in the prior year, the company posted $0.60 EPS. Corning’s revenue was up 17.1% compared to the same quarter last year. Corning has set its Q3 2026 guidance at 0.850-0.890 EPS. Equities analysts forecast that Corning Incorporated will post 3.27 EPS for the current year. Corning Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Monday, August 31st will be paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, August 31st. Corning’s payout ratio is presently 51.14%.
Insider Transactions at Corning In other Corning news, CEO Wendell P. Weeks sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $186.46, for a total value of $18,646,000.00. Following the completion of the transaction, the chief executive officer owned 908,353 shares in the company, valued at $169,371,500.38. This trade represents a 9.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.25% of the company’s stock.
Analyst Upgrades and Downgrades A number of equities research analysts have recently commented on GLW shares. Mizuho lowered their target price on Corning from $270.00 to $210.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 29th. Morgan Stanley reduced their price target on shares of Corning from $180.00 to $165.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 29th. Zacks Research downgraded shares of Corning from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Weiss Ratings lowered shares of Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Finally, Susquehanna boosted their target price on shares of Corning from $125.00 to $180.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $174.08.
Check Out Our Latest Report on Corning
Corning Company Profile (Free Report)
Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.
Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.
Featured Articles Five stocks we like better than Corning Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise Alcoa’s Gallium Project Opens a New Door Beyond Aluminum Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech Can Tesla’s Flying Roadster Distract From Its Real Risks? Want to see what other hedge funds are holding GLW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corning Incorporated (NYSE:GLW – Free Report).
Receive News & Ratings for Corning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corning and related companies with MarketBeat.com's FREE daily email newsletter.
It has been about a month since the last earnings report for Corning (GLW - Free Report) . Shares have added about 23.2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Corning due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Corning Incorporated before we dive into how investors and analysts have reacted as of late.
Corning Beats Q2 Earnings Estimates on Optical and Solar Growth
Corning reported second-quarter 2026 results with non-GAAP earnings of 78 cents per share, up 30% year over year and 2.6% above the Zacks Consensus Estimate. Core revenues of $4.74 billion increased 17% and surpassed the consensus mark by 2.9%.
Revenue growth was primarily led by Optical Communications and Solar segments. Enterprise Networks sales jumped 65%, supported by accelerating demand for generative artificial intelligence (AI) infrastructure. Core operating margin also expanded as higher volumes and improved execution strengthened profitability.
Optical Sales Accelerate on AI Demand
Optical Communications remained the company’s largest growth engine, with sales rising 32% year over year to $2.07 billion. Segment net income surged 77% to $438 million, reflecting strong demand and favorable operating leverage.
Enterprise Networks drove the improvement as hyperscale customers expanded AI-related data center capacity. Corning also announced multiyear agreements with Amazon and NVIDIA, supporting further demand for optical fiber, cable and connectivity products. The NVIDIA partnership includes plans to increase U.S. optical connectivity manufacturing capacity tenfold and expand domestic fiber production capacity by more than 50%.
Solar Business Posts Sharp Growth
Solar revenues climbed 90% year over year to $438 million, making the segment the company’s fastest-growing operation. Sales also increased 18% sequentially as Corning continued to scale its polysilicon, wafer and module businesses.
The segment recorded a net loss of $7 million against a net income of $2 million a year earlier. Results were affected by an extended maintenance shutdown and equipment upgrade at the solar wafer facility. Management expects profitability to improve in the third quarter as production resumes and operating efficiencies strengthen.
GLW Expands Core Margins and Profitability
Core gross margin improved 120 basis points year over year to 39.6%. Core operating margin expanded 190 basis points to 20.9%, while core operating income rose to $989 million from $770 million.
Core net income increased 30% to $680 million. The stronger margin profile reflected higher sales volumes, a favorable business mix and improved scale. Core return on invested capital advanced 180 basis points to 14.9%, indicating better returns from the company’s asset base and growth investments.
On a GAAP basis, operating income rose to $698 million from $573 million. Selling, general and administrative expenses increased to $608 million from $515 million, while research, development and engineering expenses rose to $299 million from $276 million.
Corning’s Other Segments Deliver Mixed Results
Glass Innovations generated sales of $1.46 billion, up 1% year over year. Segment net income increased 9% to $354 million, showing improved profitability despite modest revenue growth. Automotive sales advanced 2% to $471 million, while net income increased 4% to $82 million. The business also improved sequentially, with revenues rising 8% and profit increasing 17% from the first quarter. Life Sciences and Emerging Growth Businesses remained a weak spot. Revenues declined 15% year over year to $294 million, while the segment posted a net loss of $21 million compared with net income of $6 million in the prior-year quarter.
Cash Flow Strength Lends Support
Corning generated $1.72 billion in operating cash flow during the quarter, up from $708 million a year earlier. Adjusted free cash flow reached $1.42 billion compared with $451 million in the prior-year period.
Capital expenditures totaled $422 million. Cash and cash equivalents were $2.50 billion at June 30, 2026, while long-term debt stood at $7.76 billion.
Outlook
For the third quarter, management expects core sales between $4.9 billion and $5 billion, representing approximately 16% year-over-year growth. Core earnings are projected between 85 cents and 89 cents per share, implying growth of roughly 28%.
Corning continues to target an annualized sales run rate of $20 billion by the end of 2026 under its upgraded Springboard Plan. The company also aims to reach $30 billion by the end of 2028 and $40 billion by the end of 2030, supported by AI infrastructure, solar expansion and deeper customer partnerships.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates review.
The consensus estimate has shifted 5.72% due to these changes.
VGM ScoresCurrently, Corning has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Following the exact same course, the stock has a score of D on the value side, putting it in the bottom 40% for value investors.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Corning has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
BNP Paribas lowered its position in Corning Incorporated (NYSE:GLW – Free Report) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,565 shares of the electronics maker’s stock after selling 3,574 shares during the quarter. BNP Paribas’ holdings in Corning were worth $17,152,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Corning during the fourth quarter valued at approximately $921,435,000. Bank of New York Mellon Corp purchased a new stake in shares of Corning during the 2nd quarter valued at $1,510,911,000. Capital Research Global Investors boosted its position in shares of Corning by 52.7% in the 4th quarter. Capital Research Global Investors now owns 16,890,802 shares of the electronics maker’s stock worth $1,478,959,000 after purchasing an additional 5,831,873 shares in the last quarter. Legal & General Group Plc purchased a new position in Corning during the 2nd quarter worth $1,212,283,000. Finally, Wellington Management Group LLP grew its stake in Corning by 50.9% during the 2nd quarter. Wellington Management Group LLP now owns 13,174,194 shares of the electronics maker’s stock worth $3,365,084,000 after buying an additional 4,446,514 shares during the last quarter. Institutional investors own 69.80% of the company’s stock.
Corning Stock Down 2.6% Shares of GLW opened at $148.87 on Friday. The company’s 50-day moving average price is $171.18 and its 200 day moving average price is $164.60. Corning Incorporated has a 12-month low of $66.14 and a 12-month high of $271.78. The company has a current ratio of 1.81, a quick ratio of 1.24 and a debt-to-equity ratio of 0.59. The firm has a market cap of $128.24 billion, a P/E ratio of 67.98, a price-to-earnings-growth ratio of 1.96 and a beta of 1.14.
Corning (NYSE:GLW – Get Free Report) last announced its earnings results on Tuesday, July 28th. The electronics maker reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.02. The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.63 billion. Corning had a return on equity of 20.09% and a net margin of 11.20%.The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 earnings per share. Corning has set its Q3 2026 guidance at 0.850-0.890 EPS. On average, sell-side analysts forecast that Corning Incorporated will post 3.27 earnings per share for the current year. Corning Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Monday, August 31st will be issued a $0.28 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.12 annualized dividend and a yield of 0.8%. Corning’s dividend payout ratio (DPR) is 51.14%.
Insider Transactions at Corning In other Corning news, CEO Wendell P. Weeks sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $186.46, for a total transaction of $18,646,000.00. Following the completion of the transaction, the chief executive officer owned 908,353 shares in the company, valued at $169,371,500.38. The trade was a 9.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.25% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth GLW has been the subject of several research reports. JPMorgan Chase & Co. decreased their price objective on shares of Corning from $200.00 to $170.00 and set a “neutral” rating for the company in a research note on Wednesday, July 29th. Mizuho reduced their price target on shares of Corning from $270.00 to $210.00 and set an “outperform” rating for the company in a research report on Wednesday, July 29th. Truist Financial raised shares of Corning from a “hold” rating to a “buy” rating and decreased their price target for the stock from $205.00 to $175.00 in a research note on Sunday, August 2nd. Barclays cut their price target on Corning from $180.00 to $129.00 and set an “equal weight” rating for the company in a report on Wednesday, July 29th. Finally, Oppenheimer cut their target price on Corning from $230.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, July 29th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $174.08.
Read Our Latest Report on Corning
Corning Profile (Free Report)
Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.
Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.
Further Reading Five stocks we like better than Corning 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude? Okta Stock Surges 29%—Is $200 the Next Stop? Want to see what other hedge funds are holding GLW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corning Incorporated (NYSE:GLW – Free Report).
Receive News & Ratings for Corning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corning and related companies with MarketBeat.com's FREE daily email newsletter.
Broad Run Investment Management LLC purchased a new position in Transdigm Group Incorporated (NYSE:TDG – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,801 shares of the aerospace company’s stock, valued at approximately $14,387,000. Transdigm Group comprises 2.2% of Broad Run Investment Management LLC’s investment portfolio, making the stock its 15th largest position.
Several other institutional investors and hedge funds also recently made changes to their positions in TDG. Empowered Funds LLC boosted its stake in Transdigm Group by 5.0% during the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after buying an additional 65 shares in the last quarter. Acadian Asset Management LLC increased its holdings in Transdigm Group by 92.3% in the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after buying an additional 131 shares during the period. NewEdge Advisors LLC raised its stake in shares of Transdigm Group by 152.9% in the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock valued at $3,138,000 after buying an additional 1,248 shares in the last quarter. Sei Investments Co. boosted its position in shares of Transdigm Group by 25.4% during the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after acquiring an additional 6,697 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its position in shares of Transdigm Group by 3.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock valued at $39,264,000 after acquiring an additional 902 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.
Transdigm Group Stock Performance NYSE TDG opened at $1,198.78 on Tuesday. The stock has a market capitalization of $67.05 billion, a P/E ratio of 36.37, a price-to-earnings-growth ratio of 2.00 and a beta of 0.91. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,463.03. The stock has a fifty day moving average of $1,268.22 and a 200-day moving average of $1,244.70.
Transdigm Group (NYSE:TDG – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The firm’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities research analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year. Insider Activity at Transdigm Group In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,459,536. The trade was a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 38,196 shares of company stock worth $48,027,598 over the last 90 days. 3.20% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades A number of research analysts have commented on TDG shares. BNP Paribas Exane cut their price target on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. JPMorgan Chase & Co. increased their target price on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. BMO Capital Markets raised their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Morgan Stanley cut Transdigm Group from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Finally, Jefferies Financial Group lifted their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $1,463.71.
View Our Latest Research Report on TDG
(Free Report)
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.
TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.
See Also Five stocks we like better than Transdigm Group Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding TDG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Transdigm Group Incorporated (NYSE:TDG – Free Report).
Receive News & Ratings for Transdigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transdigm Group and related companies with MarketBeat.com's FREE daily email newsletter.
TransDigm ve fiskálním 3. čtvrtletí 2026 zvýšil tržby z komerčního aftermarketu o 17 % meziročně. Po třetím překonání očekávání v řadě firma zvýšila výhled pro fiskální rok 2026.
Key Takeaways TransDigm's commercial aftermarket revenues climbed 17% year over year in fiscal Q3 2026.Commercial transport aftermarket revenues rose 18%, led by engine, passenger and interiors strength.Aftermarket bookings beat expectations for a third straight quarter, prompting a higher growth outlook. TransDigm Group (TDG - Free Report) is benefiting from healthy commercial aerospace activity and rising demand for aircraft aftermarket products. The company’s portfolio of highly engineered aerospace components positions it well to capitalize on increased aircraft utilization and the growing need for maintenance, repair and replacement parts.
Commercial aftermarket revenues increased approximately 17% year over year in the third quarter of fiscal 2026, accelerating from 14% growth in the preceding quarter. Commercial transport aftermarket revenues rose 18%, driven by strength across the engine, passenger and interiors markets, while freight revenues remained roughly flat. Distributor point-of-sale activity also increased at a double-digit rate.
Commercial aftermarket bookings exceeded management’s expectations for the third consecutive quarter, prompting TransDigm to raise its fiscal 2026 commercial aftermarket revenue growth outlook. The company also stated that it had not observed any material aftermarket slowdown related to the Middle East conflict through the fiscal third quarter.
With the commercial aerospace aftermarket expected to continue expanding amid rising aircraft utilization, an aging global fleet and sustained demand for maintenance and replacement parts, TransDigm is well-positioned to capitalize on favorable industry trends. Its strong aftermarket momentum and exposure to critical aerospace components should support continued growth in the commercial aerospace aftermarket.
Aircraft Aftermarket Stocks to Keep on the RadarOther aerospace and defense companies benefiting from the growing aircraft aftermarket market are discussed below:
AAR Corp. (AIR - Free Report) : AAR is expanding its aircraft aftermarket capabilities through acquisitions and investments in higher-value maintenance, repair and overhaul services. The company recently strengthened its engineering, aircraft modification and certification capabilities through the acquisition of Aircraft Reconfig Technologies, enhancing its ability to provide more comprehensive aftermarket solutions.
RTX Corporation (RTX - Free Report) : Through its Pratt & Whitney and Collins Aerospace businesses, RTX provides engine maintenance, component repair, digital maintenance solutions and comprehensive aftermarket support for commercial and military aircraft worldwide.
The Zacks Rundown for TDGShares of TDG have lost 9.9% in the past six months compared with the industry’s 12.8% decline.
Image Source: Zacks Investment Research
The company shares are trading at a discount on a relative basis, with its forward 12-month Price/Sales being 5.82X compared with its industry’s average of 8.03X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for TDG’s 2026 and 2027 earnings has moved north over the past 60 days.
Image Source: Zacks Investment Research
TDG stock currently carries a Zacks Rank #2 (Buy).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
DraftKings ponechal výhled tržeb na 6,5–6,9 mld. USD a upraveného EBITDA na 700–900 mil. USD. Flutter naopak snížil výhled tržeb i EBITDA pro rok 2026.
Key Takeaways DKNG's sportsbook handle rose 11% YoY, while trailing 12-month net revenue per customer increased 14%.DraftKings kept 2026 revenue guidance at $6.5-$6.9B and adjusted EBITDA outlook at $700-$900M.FLUT cut its 2026 revenue and EBITDA outlooks amid taxes, restructuring and regional weakness. The online gaming industry is navigating an increasingly competitive environment as operators balance customer acquisition, promotional spending, product innovation and profitability. Within this environment, DraftKings Inc. (DKNG - Free Report) and Flutter Entertainment plc (FLUT - Free Report) hold leading competitive positions but differ materially in geographic exposure, operating mix and capital-allocation priorities.
DraftKings is leveraging improving customer economics, its nationwide Super App and the expansion of Predictions, while Flutter is relying on FanDuel’s U.S. scale, international diversification and cost-transformation initiatives. With both companies pursuing growth amid regulatory uncertainty and shifting market dynamics, a closer look at their recent performance, strategies and outlook can help determine which stock has stronger prospects ahead.
The Case for DKNGDraftKings continues to demonstrate solid underlying momentum across its sportsbook operations. Second-quarter sportsbook handle increased 11% year over year, while sports consumer volume rose 15%. Monthly unique payers increased 9%, or more than 6% excluding World Cup-only customers. Sportsbook handle share also improved year over year for the third consecutive quarter, pointing to sustained competitive gains.
Customer-acquisition trends were similarly encouraging. Customer acquisition increased nearly 75% year over year, with DraftKings adding roughly 30% more customers than planned. Although acquisition spending exceeded expectations by approximately 10%, customer acquisition costs were about 25% below projections and reached their most efficient level since the first quarter of 2025. Reported revenues declined 4.6% year over year to $1.44 billion. However, revenues increased 10% on a normalized basis after adjusting for sports outcomes and customer-acquisition effects.
Improving monetization further supports the company’s growth profile. Trailing 12-month net revenue per unique customer increased 14% during the first half of 2026, indicating sustained growth in revenues generated from each customer. A continued increase in parlay handle mix also supports the underlying economics of the sportsbook business.
Predictions represents an additional growth opportunity. More than 600,000 customers engaged with the offering year to date, while annualized total volume traded increased nearly fivefold from $2.3 billion in April to $11 billion in July. The launch of DKeX, approval as a Futures Commission Merchant and the development of in-house market-making capabilities should enable DraftKings to capture a larger share of the platform’s economics as activity migrates to its proprietary infrastructure.
Nonetheless, Predictions remains at an early stage, and its long-term return profile has yet to be established. Customer-friendly sports outcomes created an approximately $80 million second-quarter revenue headwind, while the additional spending required to acquire more customers than planned reduced near-term adjusted EBITDA. DraftKings also expects to invest $200-$300 million in Predictions during 2026, with regulatory uncertainty adding another layer of risk.
The Case for FLUTFlutter’s international footprint provides meaningful geographic diversification, although performance across markets remains uneven. International revenues increased 10% in the second quarter, including contributions from the Snai and Betnacional acquisitions. Italy recovered strongly following temporary pressure associated with the Snai migration, while Southern Europe and Africa iGaming revenues rose 34%. These gains were partly offset by lower organic revenues in Brazil, continued weakness in APAC racing and profitability pressure from higher U.K. iGaming taxes.
In the United States, FanDuel is taking steps to strengthen engagement following shortcomings in the execution of its generosity strategy during the previous NFL season. Rewards Club reached 70% of customers, while BetProtect+ and SuperSub enhanced the sportsbook proposition. However, U.S. revenues declined 6% year over year, including a six-percentage-point headwind from customer-friendly sports outcomes. Flutter also estimated that the U.S. sportsbook market grew approximately 5% during the first half and incorporated a broadly similar rate into its second-half assumptions.
FanDuel Predicts offers another potential growth avenue, although first-half progress was slower than planned and the regulatory framework remains unsettled. The One App rollout and Crypto.com integration are expected to strengthen the offering, while market-making activities are projected to contribute approximately $50 million to both revenues and adjusted EBITDA in 2026. However, the absence of separately disclosed customer and volume metrics makes the platform’s early traction difficult to evaluate.
At the consolidated level, Flutter’s revenues increased 3%, and second-quarter performance exceeded internal expectations. Profitability and cash generation, however, remained under pressure. Adjusted EBITDA declined 45%, free cash flow fell 56%, and the company recorded a net loss of $296 million compared with net income of $37 million a year earlier. Leverage ended the quarter at 4.3X, above the medium-term target range of 2-2.5X.
Flutter expects approximately $500 million of transaction, restructuring and integration costs in 2026, including initial efficiency program implementation costs and $95 million of historical tax provisions.
How Do DKNG and FLUT Stack Up on Outlook?DraftKings enters the second half with healthy sportsbook demand, improving customer economics and unchanged full-year guidance. Its core business remains on track to generate approximately $1 billion in adjusted EBITDA in 2026. Including the planned Predictions investment, DraftKings maintained its revenue outlook of $6.5-$6.9 billion and adjusted EBITDA guidance of $700-$900 million.
Flutter plans to increase customer generosity in the United States to strengthen engagement and position FanDuel for potential market-share gains in 2027. Although the investment could benefit the business over time, it will constrain near-term earnings. U.S. adjusted EBITDA is now expected to be approximately breakeven in the third quarter and roughly $500 million in the fourth quarter, down from the previous fourth-quarter expectation of about $700 million.
The midpoint of Flutter’s 2026 revenue outlook was reduced by $395 million to $17.91 billion, while its adjusted EBITDA midpoint was lowered by $210 million to $2.655 billion. The reductions leave Flutter with a less favorable near-term earnings trajectory despite its broader international platform.
The guidance divergence is notable. DraftKings is investing in prediction markets without reducing its consolidated outlook. Flutter, meanwhile, is increasing customer generosity to strengthen U.S. momentum after lowering its full-year expectations. DraftKings, therefore, currently offers greater near-term earnings visibility.
How Does the Zacks Consensus Estimate Compare for DKNG & FLUT?The Zacks Consensus Estimates for DraftKings’ 2026 sales and earnings per share (EPS) suggest year-over-year increases of 11.4% and 56.1%, respectively. In the past 60 days, the consensus EPS estimate for 2026 has declined 7.2%.
DKNG Earnings Estimate Trend
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Flutter’s 2026 sales suggests year-over-year growth of 9.4%, while the EPS estimate indicates a decline of 40.4%. In the past 60 days, the consensus EPS estimate for 2026 has declined 15.8%.
FLUT Earnings Estimate Trend
Image Source: Zacks Investment Research
Price Performance & Valuation of DKNG & FLUTDraftKings’ stock has gained 1.7% in the past six months, outperforming the industry’s fall of 10.9%. Meanwhile, Flutter shares have declined 10.4% over the same period.
DraftKings trades at a forward 12-month P/E multiple of 24.48X, above the industry average of 21.96X. FLUT trades at a lower forward 12-month P/E multiple of 17.21X.
Image Source: Zacks Investment Research
End NotesOverall, DraftKings and Flutter are pursuing growth through sportsbook innovation, customer engagement and prediction-market expansion. DraftKings benefits from healthy betting demand, improving customer economics and rapid Predictions adoption, while Flutter offers FanDuel’s scale, international diversification and a lower valuation.
However, DKNG’s stronger consensus earnings-growth outlook, unchanged guidance and superior recent share-price performance currently give it an edge. DKNG currently carries a Zacks Rank #3 (Hold), while FLUT has a Zacks Rank #5 (Strong Sell), reinforcing DraftKings’ relative advantage in this comparison.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Wix.com čelí hromadné žalobě kvůli údajným zavádějícím tvrzením o iniciativách AI Base44 a Harmony. Po oznámení výsledků za 1. čtvrtletí 2026 akcie spadly o 27 %.
, /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX) faces a securities class action in the wake of mid-May's massive 27% drop in the price of the company's shares after Wix announced its Q1 2026 financial results. Among the disappointments, operating expenses unexpectedly spiked 46% year-over-year leading to questions about the company's ability to defend its core business.
The case is Yappi v. Wix.com Ltd., et al., No. 26-cv-08852 (N.D. Ill.).
The lawsuit seeks to represent investors who purchased or otherwise acquired Wix securities between February 19, 2025 and May 12, 2026.
National shareholders rights firm Hagens Berman continues its investigation into claims that Wix violated the federal securities laws and urges Wix investors who suffered significant losses to contact the firm now to discuss their rights.
Class Period: Feb. 19, 2025 – May 12, 2026
Lead Plaintiff Deadline: Sept. 22, 2026
Visit: www.hbsslaw.com/cases/wixcom-ltd-wix-securities-class-action
Wix.com Ltd. (WIX) Securities Class Action:
Global web development platform company Wix faces increasing competitive challenges posed by vibe coding, a software development trend where a person builds apps or websites by giving plain-language instructions to an AI rather than writing code line-by-line.
To confront this challenge, Wix positioned AI initiatives, Base44 and Harmony, as its two-pillar response to the vibe coding trend threatening the company's core business.
The company has provided numerous assurances to investors, including that "[w]e expect innovation-driven growth to be accompanied by high impact but disciplined investments to fully unlock the market opportunity ahead for both Wix and Base44." In addition, Wix has emphasized "[e]arly Wix Harmony performance is better than expected, with improved conversion and monetization[,]" and "[t]ogether, Wix Harmony and Base44 open up the world of what's possible on Wix[.]"
The complaint alleges that Wix made false and misleading statements while failing to disclose that, with respect to its AI product offerings, Wix overstated their competitiveness and performance, understated the costs associated with developing and promoting them and, accordingly, overstated their commercial and financial benefits.
Investors began to learn the truth on May 21, 2025, when Wix provided 2025 revenue guidance falling short of analyst expectation and fueling concerns about the company's competitiveness. Then, on November 19, 2025, Wix reported its Q3 2025 results indicating rising post-Base44-acquisition costs (AI compute and marketing) were having a material negative impact on its financial results. Each of these triggered sharp selloffs in the price of the stock and triggered analyst downgrades on concerns over core business growth deceleration, increasing costs, and competitive positioning.
Finally, on May 13, 2026, Wix revealed aggressive and front-loaded AI compute expenses for Harmony and Base44. More specifically, the rapid expansion of Base44 and Harmony rollout radically altered Wix's cost structure primarily through front-loading sales and marketing ("S&M") expenses. Collectively, the initiatives drove non-GAAP S&M expenses to $190.7 million, a year-over-year 88% increase that caused the company's non-GAAP operating margin to collapse from 21% during the prior year period to just 5% while sending its quarterly operating expenses up 46% from the prior year period.
During the earnings call that day, management acknowledged that professional development customers were using competing AI tools, the Harmony platform had "holes" and "missing capabilities," and there had been delays in delivering product updates and innovation to professional developer customers resulting in Wix falling behind their workflows and needs.
The market swiftly reacted that day, scalping over $1.1 billion from Wix's market capitalization and prompting analysts' surprise over the magnitude of the margin miss.
"We're investigating whether Wix may have intentionally understated the adverse effects of its AI initiatives on its operating results," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Wix and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »
If you'd like more information and answers to frequently asked questions about the Wix case and the firm's investigation, read more »
Whistleblowers: Persons with non-public information regarding Wix should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
European Patent Office granted Vaxart a new patent, extending intellectual property protection for Vaxart’s Norovirus vaccine program through at least 2036 across key European markets
KEY HIGHLIGHTS:
• European Patent Office (EPO) granted Vaxart a new patent: European Patent No. 3791859. The patent formally published today. This patent further protects core IP for Vaxart's oral recombinant norovirus vaccine candidate.
• Extended Intellectual Property Protection secured through at least 2036 across 13 major European jurisdictions, including Germany, France, Italy, Spain, and the United Kingdom.
• Proprietary Delivery Platform Validation: Protects key aspects of Vaxart's room-temperature stable, needle-free pill technology for the use of against norovirus.
SOUTH SAN FRANCISCO, Calif., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Vaxart, Inc. (OTCQX: VXRT), a clinical-stage biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform, today announced that the European Patent Office (EPO) formally published the grant of European Patent No. 3791859 effective today on August 26, 2026 (European Patent Bulletin 26/35).
"Securing this patent expands our global intellectual property portfolio and secures additional protection of our norovirus asset for Europe through at least 2036," said Steven Lo, Chief Executive Officer at Vaxart. "As leaders in oral vaccine development, covering critical aspects of our proprietary delivery approach further solidifies our intellectual property estate. As the industry sees ongoing challenges with traditional injected norovirus candidates, this patent secures our potential advantage in delivering a targeted, oral tablet solution for norovirus, an area of high unmet need."
Following grant publication, the patent will be validated in key European territories, including Austria, Belgium, Denmark, France, Germany, Ireland, Italy, Netherlands, Norway, Spain, Sweden, Switzerland, and the United Kingdom.
About Vaxart
Vaxart is a clinical-stage biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform. Vaxart vaccines are designed to be administered using pills that can be stored and shipped without refrigeration and eliminate the risk of needle-stick injury. Vaxart believes that its proprietary pill vaccine delivery platform is suitable to deliver recombinant vaccines, positioning the Company to develop oral versions of currently marketed vaccines and to design recombinant vaccines for new indications. Vaxart’s development programs currently include pill vaccines designed to protect against coronavirus, norovirus, and influenza, as well as a therapeutic vaccine for human papillomavirus (HPV), Vaxart’s first immune-oncology indication. Vaxart has filed broad domestic and international patent applications covering its proprietary technology and creations for oral vaccination using adenovirus and TLR3 agonists.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding Vaxart’s strategy, prospects, plans and objectives, results from preclinical and clinical trials, commercialization agreements and licenses, and beliefs and expectations of management are forward-looking statements. These forward-looking statements may be accompanied by such words as “should,” “believe,” “could,” “potential,” “will,” “expected,” “anticipate,” “plan,” "target," "seek," "intend," "may," "predict," "project," "would," and other words and terms of similar meaning. Examples of such statements include, but are not limited to, statements relating to Vaxart’s ability to raise capital pursuant to the purchase agreement with LPC; Vaxart’s ability to develop and commercialize its product candidates, including its vaccine booster products; Vaxart’s expectations regarding clinical results and trial data, and the timing of receiving and reporting such clinical results and trial data; Vaxart’s expected timing for future clinical trials; Vaxart’s expectations with respect to the effectiveness of its product candidates; expectations regarding collaborations, including the Dynavax collaboration; and Vaxart’s cash runway and anticipated funding needs. These forward-looking statements are based on current expectations, estimates, forecasts, and projections about the industry and markets in which Vaxart operates as well as management’s current beliefs and assumptions. Vaxart may not actually achieve the plans, carry out the intentions, or meet the expectations or projections disclosed in the forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions, expectations, and projections disclosed in the forward-looking statements. Various important factors could cause actual results or events to differ materially from the forward-looking statements that Vaxart makes, including uncertainties inherent in research and development, including the ability to meet anticipated clinical endpoints, commencement, and/or completion dates for clinical trials, regulatory submission dates, regulatory approval dates, and/or launch dates, as well as the possibility of unfavorable new clinical data and further analyses of existing clinical data; the risk that clinical trial data are subject to differing interpretations and assessments by regulatory authorities; whether regulatory authorities will be satisfied with the design of and results from the clinical studies; decisions by regulatory authorities impacting labeling, manufacturing processes, and safety that could affect the availability or commercial potential of any product candidate, including the possibility that Vaxart’s product candidates may not be approved by the FDA or non-U.S. regulatory authorities; that, even if approved by the FDA or non-U.S. regulatory authorities, Vaxart’s product candidates may not achieve broad market acceptance; that a Vaxart collaborator may not attain development and commercial milestones; that Vaxart or its partners may experience manufacturing issues and delays due to events within, or outside of, Vaxart’s or its partners’ control; difficulties in production, particularly in scaling up initial production, including difficulties with production costs and yields, quality control, including stability of the product candidate and quality assurance testing, shortages of qualified personnel or key raw materials, and compliance with strictly enforced federal, state, and foreign regulations; that Vaxart may not be able to obtain, maintain, and enforce necessary patent and other intellectual property protection; that Vaxart’s capital resources may be inadequate; Vaxart’s ability to resolve pending legal matters; Vaxart’s ability to obtain sufficient capital to fund its operations on terms acceptable to Vaxart, if at all; the impact of government healthcare proposals and policies; competitive factors; and other risks and uncertainties described in the “Risk Factors” sections of Vaxart’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission, which are available on the SEC’s website at www.sec.gov. The forward-looking statements in this press release speak only as of the date of this press release. Vaxart undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.
Contact
Vaxart Media and Investor Relations
FINN Partners [email protected]
Bloom Energy vzrostla v ranním obchodování o 5 % poté, co kongresové hlášení odhalilo nákup 15 000 akcií a 200 call opcí spojený s Nancy Pelosi. FuelCell Energy přidala 4 % a Plug Power 2 % na 2,22 USD.
A congressional disclosure just turned one fuel cell stock into the morning's biggest mover, but the filer's cost basis tells a very different story than today's price tag.
Shares of Bloom Energy (NYSE:BE) are up 5% to $214.98 in early Tuesday trading, and FuelCell Energy (NASDAQ:FCEL) stock is up 4% to $19.45. The Global X Hydrogen ETF (NASDAQ:HYDR) sits unchanged at $42.34 while two of its largest U.S. components rally.
That’s the framing contrast that matters this morning. Yesterday the same fund traded roughly flat because its components moved in different directions, and today it’s flat again while Bloom Energy stock and FuelCell Energy stock move the same way. Either way, the fund reports almost nothing about what’s happening underneath it.
Through Monday’s close, Bloom Energy stock was up 135% year to date, FuelCell Energy stock was up 157%, and the Global X Hydrogen ETF was up 34%. This morning’s move sits on top of an already extended year for the two rallying names, which matters for how a reader should size a fresh position.
Congressional Disclosure Turns Bloom Into the Trade A congressional financial disclosure filed Monday, August 24 revealed a new Bloom Energy position in Nancy Pelosi’s household. The primary filing shows 15,000 Bloom Energy Class A common shares acquired in two transactions dated July 24 and July 28, plus 200 call options carrying a $100 strike and a June 17, 2027 expiration. Under congressional disclosure value ranges, the combined transactions were reported as roughly $4.25 million to $14.5 million. The filing marks these purchases with the “SP” owner code, indicating they belong to Pelosi’s spouse rather than to her personally. Some outlets reported 100 Bloom Energy call options, while the primary filing indicates 200, and that primary filing is the source used here.
The buying itself is dated to late July, so Monday’s filing is what’s new, not the trades. That distinction matters because Bloom Energy stock trades meaningfully higher today than on those late-July purchase dates, so a reader buying on the disclosure isn’t entering at the filer’s cost basis.
Why the Same News Moves Bloom More Than the Rest Bloom Energy is the name in this cluster with an already-established data center power business, and a large new position read as confirmation of a thesis the market was already trading. Bloom Energy sells solid oxide fuel cell systems that supply onsite power to data centers and other large commercial customers, which is why AI power demand has become the central pillar of its investment case.
Bloom Energy’s Q2 2026 revenue reached a record $1.07 billion, up 166% year over year and above $1 billion for the first time, with non-GAAP gross margin of 34.3%. Management raised full-year 2026 revenue guidance to a range of $3.9 billion to $4.2 billion, which builds on backlog conversion and reserved manufacturing capacity.
The read-through goes beyond Bloom Energy itself, since the same data center buildout has to be powered, cooled, and networked by somebody (we profiled seven of those suppliers in a free report here: 7 Stocks Powering the AI Boom (That Aren’t Chipmakers)).
The same disclosure also included Intel (NASDAQ:INTC | INTC Price Prediction) shares and Intel call options. Intel is an established Bloom Energy customer for data center power systems, which is what links the two positions in a single filing: one bet on the chips running AI workloads, the other on the electricity those workloads consume.
FuelCell Energy carries its own data center pipeline narrative, yet doesn’t have a dedicated catalyst of its own today, so FuelCell Energy stock is riding sympathy rather than a name-specific event. Plug Power (NASDAQ:PLUG) belongs to the same hydrogen and fuel-cell cluster and only got a 2% lift to $2.22, which is part of why the sector ETF isn’t moving strongly in a single direction.
Position Sizing and What Comes Next A disclosure isn’t a thesis, and congressional trades are reported weeks after they happen. A reader buying Bloom Energy stock on this news is buying at a price the filer didn’t pay, and Bloom Energy stock has run hard enough that a large amount of AI power adoption is embedded in the current multiple.
That argues for a smaller position size than the headline enthusiasm suggests. FuelCell Energy stock carries the additional risk of moving purely on sympathy, which tends to reverse when the catalyst name cools, so any exposure taken today should size for a possible round trip.
Traders can watch for whether Bloom Energy stock holds its early gain into the regular session and whether FuelCell Energy stock follows through once the initial headline is fully digested. The Global X Hydrogen ETF is a comparatively blunt instrument here, since its international basket dilutes the U.S. names driving today’s move.
Contact [email protected] for any questions or corrections.
BlackRock Inc. bought a new position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,648,584 shares of the company’s stock, valued at approximately $104,619,000. BlackRock Inc. owned 0.79% of Sirius XM at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Valeo Financial Advisors LLC grew its position in Sirius XM by 3.2% in the second quarter. Valeo Financial Advisors LLC now owns 10,916 shares of the company’s stock valued at $322,000 after acquiring an additional 340 shares during the period. Altshuler Shaham Ltd grew its holdings in shares of Sirius XM by 36.7% in the 1st quarter. Altshuler Shaham Ltd now owns 1,553 shares of the company’s stock worth $36,000 after purchasing an additional 417 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Sirius XM by 33.7% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,837 shares of the company’s stock worth $55,000 after purchasing an additional 463 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Sirius XM by 36.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company’s stock worth $41,000 after purchasing an additional 493 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Sirius XM by 5.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,862 shares of the company’s stock worth $291,000 after purchasing an additional 509 shares in the last quarter. Institutional investors and hedge funds own 10.69% of the company’s stock.
More Sirius XM News Here are the key news stories impacting Sirius XM this week:
Positive Sentiment: SiriusXM is adding former LSU football coach Brian Kelly to a weekly show with Danny Kanell and Roy Philpott. The move expands the company’s sports programming and could help attract college-football listeners and advertising revenue. Brian Kelly joins SiriusXM for weekly show Neutral Sentiment: Director Anjali Sud reportedly acquired 60 Sirius XM shares through a dividend-related restricted stock unit credit. Because the shares were received through an equity compensation process rather than a large open-market purchase, the transaction offers limited insight into management’s valuation view. Anjali Sud share acquisition Negative Sentiment: SiriusXM is reportedly dropping Howard Stern’s Channel 101 after layoffs affecting roughly a dozen staffers. The decision may reduce programming costs, but it also highlights disruption around one of the company’s highest-profile personalities and could weigh on subscriber engagement, content visibility and investor confidence. Howard Stern’s SiriusXM 101 channel dropped Negative Sentiment: Reports that Stern’s channel was removed following broader layoffs add to concerns about SiriusXM’s content strategy and its relationship with marquee talent. The impact could be partly offset if the replacement programming improves listening, but that benefit remains unproven. Howard Stern channel replacement announced Insider Transactions at Sirius XM In other news, Director Jonelle Procope sold 16,672 shares of the firm’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $29.97, for a total value of $499,659.84. Following the transaction, the director owned 18,354 shares of the company’s stock, valued at approximately $550,069.38. This trade represents a 47.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.27% of the company’s stock. Wall Street Analyst Weigh In A number of research firms have commented on SIRI. Benchmark restated a “buy” rating on shares of Sirius XM in a research report on Wednesday, July 29th. Weiss Ratings upgraded shares of Sirius XM from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 9th. The Goldman Sachs Group reissued a “neutral” rating and issued a $32.00 target price on shares of Sirius XM in a report on Friday, August 7th. Wells Fargo & Company increased their price target on Sirius XM from $30.00 to $31.00 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. lifted their price target on Sirius XM from $26.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, July 31st. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $30.92.
Get Our Latest Stock Report on Sirius XM
Sirius XM Stock Performance SIRI stock opened at $28.54 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.46 and a quick ratio of 0.46. The company has a 50 day moving average price of $29.65 and a 200 day moving average price of $26.49. Sirius XM Holdings Inc. has a fifty-two week low of $19.76 and a fifty-two week high of $32.66. The stock has a market capitalization of $9.62 billion, a PE ratio of 11.42, a price-to-earnings-growth ratio of 0.62 and a beta of 0.95.
Sirius XM (NASDAQ:SIRI – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.08). The firm had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $2.14 billion. Sirius XM had a net margin of 10.23% and a return on equity of 9.37%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 earnings per share. Analysts forecast that Sirius XM Holdings Inc. will post 3.01 EPS for the current year.
Sirius XM Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Monday, August 10th were given a dividend of $0.27 per share. The ex-dividend date was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 3.8%. Sirius XM’s dividend payout ratio is presently 43.20%.
Sirius XM Company Profile (Free Report)
Sirius XM Holdings Inc is a leading audio entertainment company specializing in subscription-based satellite and streaming radio services. Formed in 2008 through the merger of Sirius Satellite Radio and XM Satellite Radio, the company delivers a broad range of programming across music, sports, news, talk and comedy channels. Sirius XM’s offerings include exclusive live sports play-by-play, artist-curated music channels, news coverage from major networks and original talk and entertainment series.
Headquartered in New York City, Sirius XM serves listeners throughout the United States and Canada, reaching tens of millions of subscribers.
Featured Stories Five stocks we like better than Sirius XM From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week Want to see what other hedge funds are holding SIRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sirius XM Holdings Inc. (NASDAQ:SIRI – Free Report).
Receive News & Ratings for Sirius XM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sirius XM and related companies with MarketBeat.com's FREE daily email newsletter.
Shares of Kartoon Studios, Inc. (TOON - Free Report) have declined 0.6% since reporting results for the second quarter of 2026. This compares with the S&P 500 index’s 1.6% fall over the same time frame. Over the past month, the stock has risen 11.8% compared with the S&P 500’s 4.8% return.
Kartoon Studios reported second-quarter revenues of $5.82 million, down 43% from $10.28 million a year earlier. Net income attributable to the company was $26.99 million, reversing a $6.16-million loss. Second-quarter 2026 earnings were 38 cents versus a 13-cent loss in the prior-year quarter. However, the profit was driven by a non-recurring litigation gain rather than operating improvement. The operating loss widened to $3.41 million from $3.22 million.
Revenue Streams WeakenProduction services revenues fell 53% to $3.46 million from $7.36 million in the prior-year quarter and remained the largest revenue source. Content distribution revenues declined 7% year over year to $1.85 million, licensing and royalties dropped 29% to $61,000, and media advisory and advertising services decreased 47% to $448,000.
Mainframe Studios’ production revenues were hurt by the timing of deliveries, as several projects shifted into later 2026 periods and a smaller proportion of project costs was recognized. Content distribution reflected a $0.7-million decline in Frederator’s YouTube creator-network revenues amid lower viewership. That pressure was partly offset by $0.4 million of additional Mainframe distribution revenues and a $0.2-million increase from Ameba and Kartoon Channel sales.
Cost Reductions Limit Operating PressureTotal operating expenses declined 32% to $9.23 million. Direct operating costs fell 35% to $4.63 million, largely because production-services salaries declined $2.2 million amid lower headcount and Frederator Networks costs dropped $0.6 million. General and administrative expenses decreased 28% to $4.46 million, reflecting lower personnel, consulting and administrative costs.
These reductions kept the increase in the operating loss to $0.2 million despite the $4.46-million revenue decline. Other income, net, was $31.11 million against expenses of $2.89 million. The change primarily reflected a $39.2-million non-operating litigation-settlement gain, partly offset by a $4-million standstill-agreement charge and other items.
Liquidity Improves on Settlement ProceedsCash and marketable securities totaled $40.5 million as of June 30, 2026, up from $6.9 million as of Dec. 31, 2025. Working capital rose to $31.4 million from $2.3 million, and the company reported no long-term debt, although production facilities totaled $12.9 million.
Operating activities provided $31.4 million during the first half compared with a $6.3-million use a year earlier, but that improvement largely reflected the litigation proceeds and should not be read as recurring operating cash generation. Three customers represented 74.2% of quarterly revenues, indicating meaningful customer concentration.
Management Shifts Focus to Owned FranchisesCEO Andy Heyward described the strategy as a transformation from producing content for others toward owning, building and monetizing intellectual property across streaming, publishing, gaming, licensing and consumer products. Management plans to prioritize Hundred Acre Wood and the Stan Lee Universe while simplifying operations and improving capital efficiency. Brooke Bacon, formerly an Activision licensing executive, was appointed to lead consumer-products and licensing monetization.
Launch Schedule Replaces Financial GuidanceManagement did not provide numerical revenue or earnings guidance. It said that preliminary activities for the “Hundred Acre Wood’s: Winnie and Friends” are scheduled for the fourth quarter of 2026, with the main launch expected in the first quarter of 2027. An Amazon Prime debut is set for Feb. 18, 2027, with promotional support and Shop the Show merchandising participation. Kartoon Studios expects significant production spending and plans to use cash, marketable securities, production facilities and potential licensing or distribution advances.
Other DevelopmentsAfter quarter-end, Kartoon Studios sold Frederator Networks to Project Robot LLC on July 8 for a base price of $0.5 million, subject to adjustments. It expects a preliminary pre-tax disposal loss of $0.3 million in the third quarter. The company retained Frederator Studios properties including Castlevania, Bee and PuppyCat, Bravest Warriors and Catbug. Under a three-year distribution agreement, it will receive a declining share of net YouTube receipts from certain channels, falling from 85% in year one to 5% by year three.
Canada Pension Plan Investment Board ve 2. čtvrtletí koupil novou pozici ve společnosti Southwest Airlines a pořídil 215 300 akcií za zhruba 11,1 milionu USD.
Canada Pension Plan Investment Board bought a new position in shares of Southwest Airlines Co. (NYSE:LUV – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 215,300 shares of the airline’s stock, valued at approximately $11,071,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in LUV. Franklin Resources Inc. increased its holdings in Southwest Airlines by 7.0% in the 4th quarter. Franklin Resources Inc. now owns 40,200,530 shares of the airline’s stock worth $1,661,488,000 after acquiring an additional 2,626,853 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Southwest Airlines in the second quarter valued at about $1,538,382,000. Invesco Ltd. increased its stake in shares of Southwest Airlines by 9.2% during the third quarter. Invesco Ltd. now owns 6,837,197 shares of the airline’s stock worth $218,175,000 after purchasing an additional 577,326 shares in the last quarter. Morgan Stanley increased its stake in shares of Southwest Airlines by 4.1% during the fourth quarter. Morgan Stanley now owns 6,228,475 shares of the airline’s stock worth $257,423,000 after purchasing an additional 244,891 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Southwest Airlines by 2.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,763,154 shares of the airline’s stock worth $216,472,000 after purchasing an additional 117,833 shares during the last quarter. Hedge funds and other institutional investors own 80.82% of the company’s stock.
Analyst Upgrades and Downgrades Several equities research analysts recently issued reports on LUV shares. Morgan Stanley lifted their price objective on Southwest Airlines from $60.00 to $65.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Raymond James Financial reduced their target price on Southwest Airlines from $60.00 to $54.00 and set an “outperform” rating for the company in a report on Monday, August 24th. Zacks Research upgraded Southwest Airlines from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 25th. The Goldman Sachs Group lifted their price target on Southwest Airlines from $30.00 to $35.00 and gave the stock a “sell” rating in a research note on Thursday, July 2nd. Finally, Bank of America boosted their price target on Southwest Airlines from $40.00 to $45.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 1st. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Southwest Airlines presently has a consensus rating of “Hold” and an average price target of $49.01.
Read Our Latest Analysis on Southwest Airlines Southwest Airlines Stock Down 0.2% Shares of NYSE LUV opened at $39.70 on Friday. The stock has a market cap of $19.42 billion, a PE ratio of 24.36, a P/E/G ratio of 0.36 and a beta of 1.14. The company has a current ratio of 0.49, a quick ratio of 0.42 and a debt-to-equity ratio of 0.54. Southwest Airlines Co. has a 12-month low of $29.26 and a 12-month high of $55.11. The company has a 50-day moving average of $46.59 and a 200 day moving average of $44.12.
Southwest Airlines (NYSE:LUV – Get Free Report) last released its earnings results on Wednesday, July 22nd. The airline reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.42. The business had revenue of $8.72 billion for the quarter, compared to analyst estimates of $8.58 billion. Southwest Airlines had a net margin of 2.78% and a return on equity of 14.15%. The business’s revenue was up 16.4% on a year-over-year basis. During the same period last year, the company posted $0.43 EPS. Southwest Airlines has set its FY 2026 guidance at 3.250-4.250 EPS and its Q3 2026 guidance at 0.500-0.750 EPS. As a group, sell-side analysts predict that Southwest Airlines Co. will post 3.32 EPS for the current fiscal year.
Southwest Airlines Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be given a dividend of $0.18 per share. The ex-dividend date is Thursday, September 3rd. This represents a $0.72 dividend on an annualized basis and a yield of 1.8%. Southwest Airlines’s dividend payout ratio (DPR) is presently 44.17%.
Southwest Airlines Company Profile (Free Report)
Southwest Airlines Co is a U.S.-based low-cost carrier that operates a point-to-point domestic and near-international airline network. Headquartered in Dallas, Texas, the company primarily flies Boeing 737 aircraft and offers no-frills, single-class service designed to keep fares competitive. Southwest’s operating model emphasizes high aircraft utilization, quick turnaround times and an open seating policy, allowing customers to board and select seats on a first-come, first-served basis.
Founded in 1967 by Herb Kelleher and Rollin King as Air Southwest Company, Southwest began commercial service in 1971, initially connecting Dallas, Houston and San Antonio.
See Also Five stocks we like better than Southwest Airlines From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week Want to see what other hedge funds are holding LUV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Southwest Airlines Co. (NYSE:LUV – Free Report).
Receive News & Ratings for Southwest Airlines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southwest Airlines and related companies with MarketBeat.com's FREE daily email newsletter.
JetBlue vykázala ve 2. čtvrtletí 2026 ztrátu 66 centů na akcii, menší než čekaných 70 centů, a tržby 2,7 miliardy USD vzrostly meziročně o 14,5 %. Akcie jsou od poslední výsledkové zprávy asi 12,8 % níže.
It has been about a month since the last earnings report for JetBlue Airways (JBLU - Free Report) . Shares have lost about 12.8% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is JetBlue due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for JetBlue Airways Corporation before we dive into how investors and analysts have reacted as of late.
JBLU Q2 Loss Beat EstimateJetBlue Airways Corporation reported a second-quarter 2026 loss of 66 cents per share, narrower than the Zacks Consensus Estimate of a loss of 70 cents. The result marked a 5.7% earnings surprise, though the loss widened from a year ago.
Operating revenues of $2.7 billion beat the consensus estimate by 0.1% and rose 14.5% year over year. Strong demand and commercial execution lifted revenue per available seat mile, or RASM, 10.9%.
JBLU's Traffic and Pricing Metrics ImprovePassenger revenues increased 14.1% year over year to $2.49 billion, just ahead of our estimate of $2.47 billion. Other revenues climbed 18.6% to $210 million, surpassing our estimate of $188 million. Revenue passengers rose 5.1% and revenue passenger miles advanced 4.1%.
Capacity, measured in available seat miles, increased 3.2%. Load factor (% of seats filled by passengers) improved 0.8 percentage points to 82.7%, matching our estimate, while the average fare rose 8.6% to $237.38. Yield per passenger mile increased 9.6% to 17.53 cents.
JetBlue's Costs Rise on Fuel PressureTotal operating expenses increased 20.8% year over year to $2.84 billion. Aircraft fuel expense surged 80.7% to $911 million as the average fuel cost per gallon climbed 76.3% to $4.23. Salaries, wages and benefits rose 2.7% to $875 million.
Operating expense per available seat mile increased 17% to 16.53 cents. Excluding fuel and other non-airline expenses, unit costs rose 2.4% to 11.12 cents. JBLU posted an operating loss of $141 million, compared with operating income of $6 million a year ago, while operating margin contracted 5.5 percentage points to negative 5.2%.
JBLU Builds Momentum Across Commercial InitiativesPremium RASM increased about 13%, while Main Cabin RASM grew 11%. Loyalty revenues rose 13%, supported by record co-brand account engagement, nearly 40% growth in new premium card acquisitions and a 21% increase in loyalty cash remuneration.
JetBlue also highlighted progress in Fort Lauderdale, where RASM rose 11% despite nearly 40% capacity growth. The carrier is restructuring schedules to improve connectivity and expects to operate more than 150 daily departures from the airport this winter.
JetBlue Advances JetForward ExecutionJetForward generated $470 million of cumulative incremental EBIT through June 2026. The company remains on track to deliver an annual incremental EBIT benefit of $850-$950 million by year-end 2027.
Operational initiatives also produced gains. On-time arrival performance within 14 minutes improved about 1 point, while Net Promoter Score increased 5 points year over year. JetBlue is using digital tools, predictive analytics and improved routing to raise productivity, fuel efficiency and disruption management.
JBLU Maintains Liquidity Amid Heavy ObligationsCash and cash equivalents totaled $1.66 billion at June 30, 2026, down from $1.95 billion at Dec. 31, 2025. Investment securities stood at $512 million. Total debt was $8.48 billion, while stockholders’ equity declined to $1.59 billion from $2.12 billion.
Second-quarter capital expenditures, including predelivery deposits, were $234 million. For the first six months of 2026, capital expenditures and predelivery deposits totaled $375 million, compared with $496 million in the prior-year period.
JetBlue Reestablishes 2026 OutlookFor the third quarter of 2026, JBLU expects capacity growth of 3-6% and RASM growth of 12.5-16.5%. CASM, excluding fuel, is projected to increase 2.5-4.5%, while fuel price per gallon is estimated at $3.49. Capital expenditures are forecasted at about $300 million.
For 2026, capacity is expected to rise 1.5-3.5%, with RASM growth of 10-12.5% and CASM ex-fuel rise of 2-4%. Adjusted operating margin is projected between negative 2% and negative 5%. Interest expense is expected to be about $590 million, with capital expenditures of roughly $850 million.
JBLU Sets a 2028 Earnings TargetJetBlue introduced a target of at least $1 in earnings per share for 2028. The goal assumes continued demand strength and an average jet fuel price of $3 per gallon.
The target is supported by expectations for JetForward to deliver about $1.2 billion in annual incremental EBIT in 2028. BlueFirst, the airline’s new domestic first-class product, is expected to begin sales in fall 2026, with most retrofit work scheduled for completion by year-end 2027.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a flat trend in estimates revision.
VGM ScoresAt this time, JetBlue has a poor Growth Score of F, a score with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a score of D on the value side, putting it in the bottom 40% for value investors.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook JetBlue has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Activist investor Carl Icahn has given up his board representation at JetBlue Airways (JBLU.O) after sharply reducing a stake in the airline that he once called an attractive investment opportunity.
In 2024, JetBlue agreed to appoint two members from Icahn’s firm to its board, Jesse Lynn and Steven Miller, under an agreement that also barred the Icahn group from conducting a proxy contest at the airline’s 2024 annual meeting.
Icahn disclosed a stake of about 10% in the airline in 2024, which had fallen to 3.32% as of August 20, 2026, according to his latest regulatory filing.
JetBlue said Icahn notified the airline the following day that his ownership had fallen below the level required to retain both board representatives, indicating he subsequently reduced the stake further.
Icahn previously said shares of JetBlue were undervalued, saying the airline represented an attractive investment opportunity. He has made a career of taking stakes in companies he views as undervalued and pushing for changes.
JetBlue shares closed at $6.07 on February 12, 2024, when Icahn publicly disclosed a 9.91% stake in the airline. They closed at $4.74 on August 20, when his latest regulatory filing showed the stake had fallen to 3.32%, about 22% below their level when his investment was disclosed.
JetBlue has faced a series of headwinds since 2024, including Pratt & Whitney engine-related aircraft groundings, high costs and the collapse of its proposed merger with Spirit Airlines.
More recently, the Iran war has driven up fuel prices, adding to cost pressures as the carrier works to return to sustained profitability while carrying a heavy debt load.
“We appreciate the constructive partnership with JetBlue over the years as they have reshaped the airline and we look forward to seeing them continue to successfully execute the JetForward strategy," Icahn said in a statement.
JetForward is the carrier's multi-year turnaround plan launched in 2024, to improve earnings by concentrating on profitable routes, expanding higher-margin products and tightening costs as the carrier seeks to return to profitability.
The carrier in July introduced a long-term profit target of at least $1 per share for 2028, adding that despite fuel costs, it remains on track to deliver $850 to $950 million in annual incremental EBIT by the end of next year.
“We appreciate the constructive contributions of Jesse and Steven as we established and began to execute our JetForward strategy,” CEO Joanna Geraghty said in a statement.
Jesse Lynn is general counsel of Icahn Enterprises (IEP.O) and Steven Miller is a portfolio manager of Icahn Capital.
After their departures, the JetBlue board will be comprised of 11 members, 10 of whom are independent.
Lam Research zahájila výstavbu nové laboratoře v Oregonu jako součást více než 3 miliard USD plánovaných investic do globální sítě laboratoří. Nové zařízení má po dokončení v roce 2028 rozšířit prostor čistých prostor v Tualatinu o více než 50 %.
State-of-the-art, Silicon Forest facility to support collaborative innovation with chip makers; first milestone in more than $3B planned expansion of global lab network
, /PRNewswire/ -- In a ceremony today at its world-class research and development (R&D) center in Tualatin, Oregon, Lam Research Corp. (NASDAQ: LRCX) commemorated the start of construction on its new, state-of-the-art Oregon lab, part of a more than $3 billion planned investment in its global lab network over the next five years to accelerate breakthroughs for the creation of advanced AI chips. Located in the Silicon Forest, in close proximity to key customers, the new 120,000-square-foot facility is expected to increase cleanroom lab space at the Lam Tualatin R&D center by more than 50% when completed, enabling expanded experimentation and accelerated solution development. Lam plans to make the new facility one of its most advanced labs in the world, increasing capacity and capabilities for side-by-side innovation with customers and compressing product development cycles across its global lab network.
Lam Research President and CEO Tim Archer, U.S. Senator Jeff Merkley of Oregon, U.S. Congresswoman Suzanne Bonamici of Oregon, Oregon Secretary of State Tobias Read, senior leaders from Intel Corporation and Micron Technology, and other distinguished government, community and nonprofit leaders join together to break ground on Lam’s new Oregon lab in a ceremony today. President and Chief Executive Officer Tim Archer and Executive Vice President and Chief Operating Officer Sesha Varadarajan of Lam Research were joined at the groundbreaking event by U.S. Senator Jeff Merkley of Oregon; U.S. Congresswoman Suzanne Bonamici of Oregon; Oregon Secretary of State Tobias Read; senior leaders from Intel Corporation and Micron Technology; and other distinguished government, community and nonprofit leaders.
"Delivering next-generation semiconductors at the speed of AI requires relentless innovation and a strategic focus on the technology breakthroughs that matter most to our customers. Our new advanced Oregon lab is expected to deepen our specialized capabilities and add tens of thousands of square feet of valuable cleanroom space, enabling even closer collaboration with customers while strengthening the expertise and reach of our global lab network," said Varadarajan. "This expansion reflects our continuing commitment to advancing the Silicon Forest as a leader in U.S. semiconductor innovation. We thank the State of Oregon, Washington County, and the City of Tualatin for their long-standing partnership and look forward to continuing our work together to advance economic opportunities in a community we've been proud to be part of for more than 30 years."
Expanding the Power of Lam's Global Lab Network
The new Oregon lab will build on Lam's strengths as a leader in atomic-scale semiconductor manufacturing, adding specialized capabilities to support advanced deposition and etch process development, materials science, and hardware validation. Just like in Lam's existing labs, customers can work closely on-site in the new facility with Lam engineers through each phase of product development, from idea to deployment in their fabs. The lab will also join Lam's integrated network of specialized labs around the world, which operate together to drive innovation 24/7, in parallel and at scale.
Advancing Lam's Leadership in the Silicon Forest
Projected to open in 2028, the new state-of-the-art Oregon lab is part of a planned multi-building expansion at Lam's Tualatin campus. According to a third-party assessment*, over the three-year construction period, the expansion project is expected to create approximately 900 jobs and $500 million in economic output **.
Once completed, the expansion is expected to represent the company's biggest investment in Oregon to date, with a projected economic impact* that includes creating more than 400 new Lam jobs and bolstering the number of jobs that Lam supports statewide to more than 11,000*. In addition, the completed expansion is projected to increase Lam's annual economic contribution in Oregon to more than $1.8 billion.*
Additional speakers at today's ceremony included Katheryn Harrington, chair of the Washington County Board of Commissioners, Valerie Pratt, President of the Tualatin City Council and Jayathi Murthy, president of Oregon State University. Photos and other digital assets from the event can be found later today here: https://newsroom.lamresearch.com/Oregon-Lab-Expansion.
QUOTES
U.S. Senator Jeff Merkley of Oregon: "I support investing in Oregon's economy and workers, and Lam Research's Tualatin Expansion project does both. This expansion will provide hundreds of good-paying, high-tech jobs and further position Oregon's Silicon Forest as a leader in semiconductor research, development, and manufacturing. The work that happens here will enable advances in all of the latest cutting-edge industries, including vital technologies like AI and robotics." U.S. Congresswoman Suzanne Bonamici of Oregon: "Innovation, research, and development fuel Oregon's international semiconductor leadership. Congratulations to Lam Research on the groundbreaking of their new R&D building and thank you for investing in our region and the local workforce." Oregon Governor Tina Kotek: "This state-of-the-art expansion builds on more than 30 years of Lam's innovation leadership in the Silicon Forest. This is a powerful investment towards Oregon's economic future that will create more high-quality jobs, strengthen the state's world-class research and development ecosystem, and help ensure Oregon and the United States continue to lead in semiconductor innovation for decades to come." Oregon Secretary of State Tobias Read: "Lam Research's continued investment in Oregon is a testament to the strength of our state's semiconductor ecosystem and the talented workforce that powers it. This groundbreaking represents more than a new facility. It represents hundreds of new jobs, accelerated innovation, and a long-term commitment to Oregon. I'm proud to celebrate this important milestone and Lam's ongoing growth as a leader in the Silicon Forest." Naga Chandrasekaran, executive vice president and chief technology and operations officer of Intel Foundry: "Intel has enjoyed close collaboration with Lam in Oregon and around the world for decades. With this new lab facility, we look forward to working even more closely together to accelerate process development at chip scale, quickly evaluate new technologies, and deliver the breakthroughs required for the next generation of AI-driven computing." Manish Bhatia, executive vice president of Global Operations at Micron Technology: "AI marks a historic inflection point for the semiconductor industry, driving exceptional demand for memory and increasing the need for greater speed, scale and manufacturing capacity. We congratulate Lam Research on today's groundbreaking and look forward to deepening our longstanding collaboration to equip Micron for significant manufacturing expansion to keep pace with the AI era." About Lam Research
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com.
* Source: Results generated by IMPLAN®, 2026 Model Year, using inputs provided by Lam and IMPLAN Group LLC, IMPLAN System data and software.
** $500 million projected impact from construction project; limited to three-year construction period only. Result generated by IMPLAN*.
Caution Regarding Forward-Looking Statements
Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by words such as "accelerate," "advance," "can," "commit," "continue," "drive," "expect," "expand," "focus," "grow," "look forward," "long-term," "ongoing," "opportunity," "plan," "project," "require," "strategy," "will," or variations of these words or other similar expressions. Such forward-looking statements include, but are not limited to: our planned investment in our global lab network to accelerate breakthroughs; the development timeline and expected benefits of the new Oregon lab, including increasing cleanroom lab space and innovation capabilities, accelerating development cycles, and the third-party assessment projections; and industry trends related to AI-driven demand. These statements are not a guarantee of future performance and involve a number of risks, uncertainties, and other factors that could cause our actual results or outcomes, or the timing of our results or outcomes, to differ materially from those expressed or implied in this press release. Such risks, uncertainties, and other factors include: our ability to successfully execute the planned expansion of our global lab network or the development of the new Oregon lab; our ability to achieve the anticipated benefits of our investments in R&D infrastructure, including the new Oregon lab; the development timing and anticipated benefits of the new Oregon lab may differ from our expectations; business, economic, political and/or regulatory conditions in the consumer electronics industry, including wafer fabrication equipment spending, the semiconductor industry and the overall economy may deteriorate or change; the actions, performance, or investment levels of our customers and competitors may be inconsistent with our expectations; customer and product mix, including across market segments and geographical regions, may change; we may be unable to effectively manage and implement pricing actions, realize the value of our products and technology, successfully commercialize new products and technologies, or execute on perceived opportunities; we may be unable to achieve anticipated operational, manufacturing, supply chain, procurement, and scale efficiencies; customer technology transitions, capacity expansions, and fab construction projects may have different timing or be less successful than we expect; we may be unable to manage operating expenses effectively while continuing to invest in R&D, product innovation, customer support, and future growth opportunities; trade regulations, export controls, tariffs, trade disputes, and other geopolitical developments may inhibit our ability to sell our products; supply chain cost increases, tariffs, and other inflationary pressures have impacted and may continue to impact our profitability; supply chain disruptions or manufacturing capacity constraints may limit our ability to manufacture and sell our products; natural and human-caused disasters, disease outbreaks, war, terrorism, political or governmental unrest or instability, or other events beyond our control may impact our operations and revenue in affected areas; as well as the other risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. You should evaluate all forward-looking statements made in this press release in the context of these risks, uncertainties, and other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are based on our current beliefs, expectations, and assumptions about future events. Except as required by law, we undertake no obligation to update the information or statements made in this press release.
Company Contacts
Laura Bakken
Public Relations
(510) 572-9021
[email protected]
Avenir Tech Ltd bought a new stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,618 shares of the semiconductor company’s stock, valued at approximately $4,168,000. Lam Research accounts for 0.6% of Avenir Tech Ltd’s portfolio, making the stock its 10th biggest position.
Several other institutional investors and hedge funds have also modified their holdings of LRCX. World Equity Group Inc. raised its holdings in Lam Research by 0.5% in the 2nd quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock valued at $2,416,000 after acquiring an additional 29 shares in the last quarter. Tenzing Financial LLC grew its holdings in shares of Lam Research by 3.5% during the 2nd quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock worth $441,000 after purchasing an additional 34 shares in the last quarter. Gibraltar Capital Management Inc. increased its position in shares of Lam Research by 3.6% in the second quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company’s stock worth $455,000 after purchasing an additional 36 shares during the period. Elevated Financial Group LLC increased its position in shares of Lam Research by 3.0% in the second quarter. Elevated Financial Group LLC now owns 1,223 shares of the semiconductor company’s stock worth $530,000 after purchasing an additional 36 shares during the period. Finally, Yoder Wealth Management Inc. increased its position in shares of Lam Research by 3.3% in the second quarter. Yoder Wealth Management Inc. now owns 1,129 shares of the semiconductor company’s stock worth $489,000 after purchasing an additional 36 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Lam Research In other news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the sale, the senior vice president owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the transaction, the director owned 87,142 shares of the company’s stock, valued at $29,192,570. This trade represents a 17.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 80,441 shares of company stock worth $27,614,296. Insiders own 0.31% of the company’s stock.
Lam Research Trading Down 0.6% LRCX opened at $312.88 on Thursday. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The firm has a market capitalization of $391.51 billion, a price-to-earnings ratio of 54.32, a PEG ratio of 1.25 and a beta of 1.84. The company’s 50 day moving average price is $333.58 and its two-hundred day moving average price is $288.43. Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. The firm had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts predict that Lam Research Corporation will post 9.32 earnings per share for the current year.
Lam Research News Summary Here are the key news stories impacting Lam Research this week:
Positive Sentiment: AI-focused R&D expansion: Lam Research broke ground on a 120,000-square-foot laboratory in Tualatin, Oregon, as part of a planned investment of more than $3 billion in its global lab network over the next five years. The facility is intended to support collaboration with chipmakers and accelerate equipment innovations for advanced AI semiconductors. Lam Research Oregon lab announcement Positive Sentiment: Strong AI demand outlook: CEO Tim Archer said increasingly complex AI models require more computing power, bandwidth and storage, creating demand for semiconductor innovation. The investment reinforces Lam’s positioning as a supplier to the AI infrastructure buildout. Lam Research AI investment video Positive Sentiment: Favorable analyst and fundamentals commentary: Zacks highlighted AI-driven growth, recurring services revenue, earnings momentum and Lam’s balance sheet, while Mizuho maintained an “outperform” rating despite trimming its price target to $365 from $370. Lam’s latest reported quarter also showed 30% year-over-year revenue growth and an earnings beat. Neutral Sentiment: Investor outreach scheduled: CFO Doug Bettinger will participate in upcoming investor conferences. The events could provide updates on demand, AI exposure and the Oregon investment, but no new financial guidance was announced. Lam Research conference announcement Negative Sentiment: Investment and valuation concerns: The multibillion-dollar R&D expansion will raise near-term capital and operating costs, while the stock’s high earnings multiple leaves less room for disappointment. The modest analyst price-target reduction may also have limited enthusiasm. Analysts Set New Price Targets Several equities research analysts recently weighed in on LRCX shares. Morgan Stanley cut their price objective on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Needham & Company LLC reissued a “buy” rating and issued a $390.00 target price on shares of Lam Research in a report on Thursday, July 30th. Bank of America boosted their target price on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Stifel Nicolaus upped their price target on shares of Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price target on shares of Lam Research in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $357.31.
View Our Latest Stock Report on Lam Research
About Lam Research (Free Report)
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.
Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.
See Also Five stocks we like better than Lam Research Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise Alcoa’s Gallium Project Opens a New Door Beyond Aluminum Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech Can Tesla’s Flying Roadster Distract From Its Real Risks? Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX – Free Report).
Receive News & Ratings for Lam Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lam Research and related companies with MarketBeat.com's FREE daily email newsletter.
Ancora Advisors LLC ve 2. čtvrtletí nově koupila 3 878 akcií Lam Research za zhruba 1,68 milionu USD. Institucionální investoři nyní drží 84,61 % akcií.
Ancora Advisors LLC acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,878 shares of the semiconductor company’s stock, valued at approximately $1,680,000.
Other large investors have also modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new stake in Lam Research in the fourth quarter valued at approximately $10,035,000. Rokos Capital Management LLP boosted its stake in shares of Lam Research by 42.0% during the 1st quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after acquiring an additional 76,840 shares during the period. Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of Lam Research during the 1st quarter worth approximately $59,973,000. Krilogy Financial LLC increased its holdings in shares of Lam Research by 19.5% during the 1st quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock worth $6,006,000 after acquiring an additional 4,584 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Lam Research during the 1st quarter worth approximately $26,489,000. 84.61% of the stock is owned by institutional investors.
Lam Research Stock Down 0.6% Shares of LRCX opened at $312.88 on Thursday. Lam Research Corporation has a 12 month low of $94.11 and a 12 month high of $438.50. The firm’s 50 day moving average is $333.58 and its 200-day moving average is $288.43. The stock has a market capitalization of $391.51 billion, a PE ratio of 54.32, a P/E/G ratio of 1.25 and a beta of 1.84. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30.
Lam Research (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the previous year, the company posted $1.33 earnings per share. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities research analysts forecast that Lam Research Corporation will post 9.32 EPS for the current year. Wall Street Analysts Forecast Growth LRCX has been the subject of several research reports. Bank of America raised their price target on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Morgan Stanley dropped their price objective on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Jefferies Financial Group set a $335.00 price objective on Lam Research and gave the stock a “buy” rating in a report on Thursday, July 30th. B. Riley Financial decreased their target price on Lam Research from $385.00 to $350.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Finally, Seaport Research Partners began coverage on Lam Research in a research note on Monday, May 4th. They set a “buy” rating and a $300.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $357.31.
Get Our Latest Stock Analysis on LRCX
Insider Activity In related news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the sale, the director owned 199,205 shares of the company’s stock, valued at $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares in the company, valued at $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 80,441 shares of company stock worth $27,614,296. 0.31% of the stock is currently owned by company insiders.
Lam Research News Roundup Here are the key news stories impacting Lam Research this week:
Positive Sentiment: AI-focused R&D expansion: Lam Research broke ground on a 120,000-square-foot laboratory in Tualatin, Oregon, as part of a planned investment of more than $3 billion in its global lab network over the next five years. The facility is intended to support collaboration with chipmakers and accelerate equipment innovations for advanced AI semiconductors. Lam Research Oregon lab announcement Positive Sentiment: Strong AI demand outlook: CEO Tim Archer said increasingly complex AI models require more computing power, bandwidth and storage, creating demand for semiconductor innovation. The investment reinforces Lam’s positioning as a supplier to the AI infrastructure buildout. Lam Research AI investment video Positive Sentiment: Favorable analyst and fundamentals commentary: Zacks highlighted AI-driven growth, recurring services revenue, earnings momentum and Lam’s balance sheet, while Mizuho maintained an “outperform” rating despite trimming its price target to $365 from $370. Lam’s latest reported quarter also showed 30% year-over-year revenue growth and an earnings beat. Neutral Sentiment: Investor outreach scheduled: CFO Doug Bettinger will participate in upcoming investor conferences. The events could provide updates on demand, AI exposure and the Oregon investment, but no new financial guidance was announced. Lam Research conference announcement Negative Sentiment: Investment and valuation concerns: The multibillion-dollar R&D expansion will raise near-term capital and operating costs, while the stock’s high earnings multiple leaves less room for disappointment. The modest analyst price-target reduction may also have limited enthusiasm. About Lam Research (Free Report)
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.
Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.
Featured Articles Five stocks we like better than Lam Research Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise Alcoa’s Gallium Project Opens a New Door Beyond Aluminum Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for Lam Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lam Research and related companies with MarketBeat.com's FREE daily email newsletter.
, /PRNewswire/ -- Lam Research Corporation (Nasdaq: LRCX) today announced that its Board of Directors has approved a $0.07, or 27%, increase in its quarterly dividend, from $0.26 to $0.33 per share of common stock. The dividend payment will be made on October 14, 2026, to holders of record on September 23, 2026. Future dividend payments are subject to review and approval by the Board of Directors.
About Lam Research:
Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam's equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe. Learn more at www.lamresearch.com. (LRCX)
Caution Regarding Forward-Looking Statements:
Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include but are not limited to our plans to make dividend payments and any future dividend payments. These statements are not a guarantee of future performance and involve a number of risks, uncertainties, and other factors that could cause our actual results or outcomes, or the timing of our results or outcomes, to differ materially from those expressed or implied in this press release. Such risks, uncertainties, and other factors include but are not limited to those described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. You should evaluate all forward-looking statements made in this press release in the context of these risks, uncertainties, and other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are based on our current beliefs, expectations, and assumptions about future events. Except as required by law, we undertake no obligation to update the information or statements made in this press release.
Lam Research po poslední výsledkové zprávě za poslední měsíc vzrostla asi o 7 % a překonala S&P 500. Firma zároveň zvýšila výhled tržeb za první čtvrtletí fiskálního roku 2027 na 8,10 miliardy USD.
It has been about a month since the last earnings report for Lam Research (LRCX - Free Report) . Shares have added about 7% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Lam Research due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
LRCX Q4 Earnings Beat on NAND and Customer Support StrengthLam Research delivered fourth-quarter fiscal 2026 non-GAAP earnings of $1.82 per share, which beat the Zacks Consensus Estimate by 7.69%. Non-GAAP earnings per share jumped nearly 37% year over year and 24% sequentially, primarily driven by strong pricing, scale efficiencies and better product mix.
Lam Research’s fourth-quarter revenues increased 30% year over year and 15% sequentially to $6.72 billion and surpassed the consensus estimate by 0.73%. NAND revenues more than doubled sequentially, while the Customer Support Business Group delivered its third consecutive quarter of record revenues.
LRCX Revenue Mix Tilts Toward MemorySystems revenues totaled $4.25 billion, up 23.6% from the year-ago quarter. Memory accounted for 46% of systems revenues, up from 39% in the preceding quarter.
Non-volatile memory accounted for 23% of systems revenues, up from 12% in the previous quarter, as customers invested in conversions to 256-layer-and-above devices for enterprise solid-state drives. DRAM contributed 23%, with spending focused on wafer additions and upgrades across 1-alpha, 1-beta and 1-gamma nodes.
Lam Research's Foundry Business Stays ResilientFoundry accounted for 44% of systems revenues compared with 54% in the March quarter. Leading-edge investments in 2-nanometer and 3-nanometer capabilities and advanced packaging largely offset lower mature-node spending in China.
Taiwan generated 27% of total revenues and reached a record dollar level. China contributed 26%, down from 34% sequentially, while Korea represented 20%. Japan and the United States accounted for 9% each.
LRCX Support Revenues Hit New RecordCustomer support-related revenues and other revenues climbed 42.6% year over year to $2.47 billion. The business benefited primarily from record upgrade revenues, with additional growth in Reliant systems and services.
Management expects upgrades to remain strong due to NAND investment, while high industry utilization should support spares and service demand. Equipment Intelligence and Dextro maintenance automation solutions are also expanding from NAND into DRAM, creating additional service opportunities.
Lam Research Expands ProfitabilityNon-GAAP gross margin reached 52%, up 210 basis points sequentially. Pricing actions, operational and scale efficiencies, and favorable product mix drove the improvement.
Non-GAAP operating expenses rose to $916 million from $866 million in the prior quarter. Higher headcount and variable compensation increased spending, while research and development represented 67% of operating expenses. Despite the increase, non-GAAP operating margin expanded 340 basis points to 38.4%.
LRCX Raises WFE View on AI DemandManagement now expects calendar 2026 wafer fabrication equipment spending in the low-$150-billion range, up from its prior $140-billion outlook with an upside bias. Lam Research expects 2026 to mark a third consecutive year of relative outperformance versus industry spending.
AI-driven requirements are increasing demand for flash storage, advanced DRAM, leading-edge foundry architectures and larger chip packages. Lam Research is moving faster toward its target of a high-30% served available market share of WFE, supported by rising etch and deposition intensity.
LRCX Builds Cash While Funding ExpansionCash, cash equivalents and restricted cash increased to $5.60 billion from $4.77 billion in the previous quarter. Operating cash flow was $1.46 billion, while capital expenditures totaled $189 million as Lam Research invested in U.S. laboratories and global manufacturing capacity. In fiscal 2026, the company generated operating cash flow of $5.86 billion.
Inventories rose to $4.28 billion from $4.00 billion in the previous quarter as the company prepared for stronger customer demand, though inventory turns improved to 3.0 from 2.9. Lam Research repurchased $246 million of shares and paid $325 million in dividends during the quarter. In fiscal 2026, it repurchased shares worth $3.85 billion and paid $1.27 billion in dividends.
Lam Research Issues Strong September GuidanceFor the first quarter of fiscal 2027, Lam Research projects revenues of $8.10 billion, plus or minus $400 million. The midpoint implies growth of more than 20% from the June quarter.
The company expects non-GAAP gross margin of 52%, plus or minus one percentage point, and operating margin of 39.5%, plus or minus one point. Non-GAAP earnings are expected to be $2.15 per share, plus or minus 15 cents, based on 1.255 billion diluted shares.
How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in estimates revision.
The consensus estimate has shifted 17.75% due to these changes.
VGM ScoresCurrently, Lam Research has a subpar Growth Score of D, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock has a grade of F on the value side, putting it in the fifth quintile for value investors.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Lam Research has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
BNP Paribas ve 2. čtvrtletí snížila svůj podíl v Lam Research o 57,4 % a prodala 14 575 akcií. Po transakci držela 10 795 akcií v hodnotě 4,604 milionu USD.
BNP Paribas decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 57.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 10,795 shares of the semiconductor company’s stock after selling 14,575 shares during the period. BNP Paribas’ holdings in Lam Research were worth $4,604,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Bayban purchased a new stake in shares of Lam Research during the 4th quarter worth approximately $26,000. Vermillion Wealth Management Inc. purchased a new stake in Lam Research in the 1st quarter valued at $26,000. Cedar Mountain Advisors LLC boosted its stake in Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 85 shares during the period. Paladin Partners LLC purchased a new position in shares of Lam Research during the second quarter worth about $26,000. Finally, Triumph Capital Management acquired a new position in Lam Research in the 3rd quarter valued at about $27,000. Institutional investors and hedge funds own 84.61% of the company’s stock.
Analyst Ratings Changes Several brokerages recently weighed in on LRCX. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price target (up from $330.00) on shares of Lam Research in a report on Monday, June 15th. Rothschild & Co Redburn boosted their price target on shares of Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Sanford C. Bernstein boosted their target price on shares of Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Jefferies Financial Group set a $335.00 target price on shares of Lam Research and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, HSBC restated a “hold” rating and issued a $333.00 price target on shares of Lam Research in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $357.31.
View Our Latest Report on Lam Research Insider Transactions at Lam Research In related news, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the completion of the sale, the director directly owned 87,142 shares in the company, valued at approximately $29,192,570. This trade represents a 17.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 80,441 shares of company stock worth $27,614,296. 0.31% of the stock is currently owned by corporate insiders.
Trending Headlines about Lam Research Here are the key news stories impacting Lam Research this week:
Positive Sentiment: Lam Research broke ground on a 120,000-square-foot Oregon semiconductor laboratory as part of a planned investment of more than $3 billion in its global lab network over five years. The project is intended to accelerate process innovations for advanced AI chips and improve collaboration with customers, supporting the company’s long-term growth prospects. Lam Research breaks ground on AI semiconductor lab in Oregon Positive Sentiment: The board approved a 27% increase in the quarterly dividend, from $0.26 to $0.33 per share. The payout is scheduled for October 14, 2026, for shareholders of record on September 23, providing a modest shareholder-return signal. Lam Research Corporation Announces a 27% Increase in Quarterly Dividend Neutral Sentiment: Lam’s latest earnings exceeded consensus expectations, with quarterly earnings per share of $1.82 versus the $1.69 estimate and revenue of $6.72 billion. Revenue increased 30% year over year, while management issued fiscal first-quarter 2027 EPS guidance of $2.00 to $2.30. Analysts’ median price target remains substantially above recent trading levels, although Mizuho recently lowered its target to $365. Neutral Sentiment: Two long-serving directors, Michael R. Cannon and Sohail U. Ahmed, plan to retire from the board on November 2, 2026. The transition could refresh governance but introduces some near-term uncertainty regarding board composition. Lam Research Announces Retirement of Michael R. Cannon and Sohail U. Ahmed from Board of Directors Negative Sentiment: Investors appear increasingly concerned about tariffs, export restrictions and other U.S.-China trade measures. China was Lam’s largest geographic market in fiscal 2026, making the company particularly sensitive to policy changes that could reduce demand, hurt margins or disrupt its supply chain. These macro concerns have overshadowed the dividend increase and Oregon expansion. Lam Research Slides as China Trade Risk Appears to Outweigh Dividend Hike Negative Sentiment: Reported insider activity shows selling rather than buying by executives and directors over the past six months, which may reinforce caution among investors, though such transactions can reflect personal financial planning rather than a view on company fundamentals. Lam Research Stock Performance Shares of NASDAQ:LRCX opened at $301.90 on Friday. The firm has a market capitalization of $377.77 billion, a PE ratio of 52.41, a P/E/G ratio of 1.26 and a beta of 1.84. Lam Research Corporation has a 12 month low of $94.11 and a 12 month high of $438.50. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The business has a 50-day moving average of $330.43 and a two-hundred day moving average of $289.14.
Lam Research (NASDAQ:LRCX – Get Free Report) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts forecast that Lam Research Corporation will post 9.32 earnings per share for the current year.
Lam Research Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. This is a boost from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio (DPR) is 18.06%.
About Lam Research (Free Report)
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.
Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.
Featured Articles Five stocks we like better than Lam Research 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude? Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for Lam Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lam Research and related companies with MarketBeat.com's FREE daily email newsletter.
Cookson Peirce & Co. Inc. decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,973 shares of the semiconductor company’s stock after selling 2,013 shares during the period. Lam Research accounts for about 1.3% of Cookson Peirce & Co. Inc.’s investment portfolio, making the stock its 21st largest holding. Cookson Peirce & Co. Inc.’s holdings in Lam Research were worth $38,121,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in LRCX. Bayban bought a new stake in shares of Lam Research in the 4th quarter worth $26,000. Vermillion Wealth Management Inc. acquired a new position in Lam Research during the first quarter worth about $26,000. Cedar Mountain Advisors LLC grew its holdings in Lam Research by 242.9% during the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 85 shares during the period. Mcguire Capital Advisors Inc. bought a new stake in Lam Research in the fourth quarter worth about $27,000. Finally, Triumph Capital Management bought a new stake in Lam Research in the third quarter worth about $27,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several research firms have recently weighed in on LRCX. Bank of America raised their price objective on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Cantor Fitzgerald set a $500.00 target price on shares of Lam Research and gave the stock an “overweight” rating in a report on Monday, June 29th. Stifel Nicolaus increased their target price on shares of Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Raymond James Financial set a $425.00 target price on shares of Lam Research in a report on Wednesday, June 10th. Finally, UBS Group restated a “buy” rating and issued a $375.00 price target (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $357.31.
Get Our Latest Research Report on LRCX Key Headlines Impacting Lam Research Here are the key news stories impacting Lam Research this week:
Positive Sentiment: Lam Research broke ground on a 120,000-square-foot Oregon semiconductor laboratory as part of a planned investment of more than $3 billion in its global lab network over five years. The project is intended to accelerate process innovations for advanced AI chips and improve collaboration with customers, supporting the company’s long-term growth prospects. Lam Research breaks ground on AI semiconductor lab in Oregon Positive Sentiment: The board approved a 27% increase in the quarterly dividend, from $0.26 to $0.33 per share. The payout is scheduled for October 14, 2026, for shareholders of record on September 23, providing a modest shareholder-return signal. Lam Research Corporation Announces a 27% Increase in Quarterly Dividend Neutral Sentiment: Lam’s latest earnings exceeded consensus expectations, with quarterly earnings per share of $1.82 versus the $1.69 estimate and revenue of $6.72 billion. Revenue increased 30% year over year, while management issued fiscal first-quarter 2027 EPS guidance of $2.00 to $2.30. Analysts’ median price target remains substantially above recent trading levels, although Mizuho recently lowered its target to $365. Neutral Sentiment: Two long-serving directors, Michael R. Cannon and Sohail U. Ahmed, plan to retire from the board on November 2, 2026. The transition could refresh governance but introduces some near-term uncertainty regarding board composition. Lam Research Announces Retirement of Michael R. Cannon and Sohail U. Ahmed from Board of Directors Negative Sentiment: Investors appear increasingly concerned about tariffs, export restrictions and other U.S.-China trade measures. China was Lam’s largest geographic market in fiscal 2026, making the company particularly sensitive to policy changes that could reduce demand, hurt margins or disrupt its supply chain. These macro concerns have overshadowed the dividend increase and Oregon expansion. Lam Research Slides as China Trade Risk Appears to Outweigh Dividend Hike Negative Sentiment: Reported insider activity shows selling rather than buying by executives and directors over the past six months, which may reinforce caution among investors, though such transactions can reflect personal financial planning rather than a view on company fundamentals. Insider Buying and Selling at Lam Research In other Lam Research news, Director Abhijit Y. Talwalkar sold 18,282 shares of the stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the sale, the director owned 87,142 shares in the company, valued at $29,192,570. This represents a 17.34% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the transaction, the senior vice president owned 58,470 shares in the company, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 80,441 shares of company stock worth $27,614,296. 0.31% of the stock is currently owned by company insiders.
Lam Research Stock Performance Shares of LRCX opened at $301.90 on Friday. The company has a 50-day moving average of $330.43 and a two-hundred day moving average of $289.14. The stock has a market cap of $377.77 billion, a price-to-earnings ratio of 52.41, a PEG ratio of 1.20 and a beta of 1.84. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. Lam Research Corporation has a one year low of $94.11 and a one year high of $438.50.
Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm’s revenue was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, equities research analysts expect that Lam Research Corporation will post 9.33 earnings per share for the current year.
Lam Research Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. Lam Research’s payout ratio is presently 18.06%.
Lam Research Company Profile (Free Report)
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.
Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.
Recommended Stories Five stocks we like better than Lam Research From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX – Free Report).
Receive News & Ratings for Lam Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lam Research and related companies with MarketBeat.com's FREE daily email newsletter.
Ausdal Financial Partners Inc. bought a new position in CSX Corporation (NASDAQ:CSX – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,504 shares of the transportation company’s stock, valued at approximately $594,000.
A number of other institutional investors have also recently bought and sold shares of the business. N.E.W. Advisory Services LLC acquired a new stake in shares of CSX during the 2nd quarter valued at about $27,000. Manning & Napier Advisors LLC acquired a new position in CSX in the second quarter worth about $30,000. Arlington Trust Co LLC lifted its stake in CSX by 58.0% during the second quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock worth $32,000 after purchasing an additional 250 shares during the period. First Bancorp Inc ME bought a new position in CSX during the second quarter worth about $33,000. Finally, Meeder Asset Management Inc. acquired a new stake in CSX during the second quarter valued at approximately $34,000. Institutional investors and hedge funds own 73.57% of the company’s stock.
Analysts Set New Price Targets Several equities research analysts have recently weighed in on the company. Weiss Ratings upgraded CSX from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Benchmark reaffirmed a “buy” rating and issued a $54.00 price target (up from $48.00) on shares of CSX in a research note on Wednesday, July 15th. Wall Street Zen cut CSX from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Argus set a $56.00 price objective on CSX in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their price objective on CSX from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, CSX presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.31.
Check Out Our Latest Report on CSX CSX Price Performance CSX stock opened at $51.54 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.72 and a current ratio of 0.82. The firm has a market cap of $95.48 billion, a P/E ratio of 29.79, a P/E/G ratio of 2.36 and a beta of 1.21. The business’s fifty day moving average is $49.80 and its two-hundred day moving average is $45.53. CSX Corporation has a 52 week low of $31.80 and a 52 week high of $53.60.
CSX (NASDAQ:CSX – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. CSX had a return on equity of 24.98% and a net margin of 22.21%.The business had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.89 billion. During the same period in the previous year, the business posted $0.44 earnings per share. The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. Equities research analysts forecast that CSX Corporation will post 2 earnings per share for the current fiscal year.
CSX Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, August 31st. CSX’s dividend payout ratio is presently 32.37%.
Insider Activity at CSX In other news, CAO Angela C. Williams sold 30,000 shares of the business’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $53.29, for a total transaction of $1,598,700.00. Following the completion of the sale, the chief accounting officer owned 10,437 shares in the company, valued at $556,187.73. The trade was a 74.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Michael S. Burns sold 13,000 shares of the company’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $52.68, for a total value of $684,840.00. Following the transaction, the senior vice president directly owned 59,643 shares in the company, valued at $3,141,993.24. This trade represents a 17.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 189,708 shares of company stock valued at $9,132,304 over the last three months. 0.30% of the stock is owned by company insiders.
CSX Company Profile (Free Report)
CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.
CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.
Recommended Stories Five stocks we like better than CSX Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape SEC Probe Puts Wall Street Leverage Risk Back in Focus A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole Five Below’s Turnaround Is Working—But Has the Stock Run Too Far? Want to see what other hedge funds are holding CSX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CSX Corporation (NASDAQ:CSX – Free Report).
Receive News & Ratings for CSX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSX and related companies with MarketBeat.com's FREE daily email newsletter.
Workday (WDAY - Free Report) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.62 per share. This compares to earnings of $2.21 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +4.96%. A quarter ago, it was expected that this maker of human resources software would post earnings of $2.49 per share when it actually produced earnings of $2.66, delivering a surprise of +6.83%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Workday, which belongs to the Zacks Internet - Software industry, posted revenues of $2.65 billion for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 0.57%. This compares to year-ago revenues of $2.35 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Workday shares have lost about 11.2% since the beginning of the year versus the S&P 500's gain of 12.1%.
What's Next for Workday?While Workday has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Workday was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.65 on $2.69 billion in revenues for the coming quarter and $10.81 on $10.66 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, UiPath (PATH - Free Report) , is yet to report results for the quarter ended July 2026. The results are expected to be released on September 3.
This enterprise automation software developer is expected to post quarterly earnings of $0.15 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
UiPath's revenues are expected to be $397.59 million, up 9.9% from the year-ago quarter.
Workday, Inc. (WDAY) Q2 2027 Earnings Call August 27, 2026 4:30 PM EDT
Company Participants
Justin Furby - Vice President of Investor Relations
Aneel Bhusri - Co-Founder, CEO & Executive Chairman of the Board
Gerrit Kazmaier - President of Product & Technology
Gabriel Monroy - Chief Technology Officer
Robert Enslin - President & Chief Commercial Officer
Zane Rowe - Chief Financial Officer
Conference Call Participants
Gabriela Borges - Goldman Sachs Group, Inc., Research Division
Michael Turrin - Wells Fargo Securities, LLC, Research Division
S. Kirk Materne - Evercore ISI Institutional Equities, Research Division
John DiFucci - Guggenheim Securities, LLC, Research Division
Aleksandr Zukin - Wolfe Research, LLC
Karl Keirstead
Samik Chatterjee
Presentation
Operator
Ladies and gentlemen, welcome to Workday's Second Quarter Fiscal Year 2027 Earnings Call. [Operator Instructions]
I will now hand it over to Justin Furby, Vice President of Investor Relations. Please go ahead.
Justin Furby
Vice President of Investor Relations
Thank you, operator. Welcome to Workday's Second Quarter Fiscal 2027 Earnings Conference Call. On the call, we have Aneel Bhusri, our CEO; Gerrit Kazmaier, our President, Product and Technology; Gabe Monroy, our Chief Technology Officer; Rob Enslin, our President and Chief Commercial Officer; and Zane Rowe, our CFO. Following prepared remarks, we will take questions. Our press release was issued after close of market and is posted on our website where this call is being simultaneously webcast.
Before we get started, we want to emphasize that some of our statements on this call, particularly our guidance, are based on the information we have as of today and include forward-looking statements regarding our financial results, applications and solutions, customer demand, operations and other matters. These statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially. Please refer to the press release and the risk factors and documents we file with the Securities and Exchange Commission, including our fiscal 2026 annual report on
Workday Inc (NASDAQ:WDAY) on Thursday reported upbeat financial results for the second quarter, but lowered its FY27 sales guidance.
Workday reported quarterly earnings of $2.75 per share which beat the analyst consensus estimate of $2.61 per share. The company reported quarterly sales of $2.649 billion which beat the analyst consensus estimate of $2.636 billion.
Workday cut its FY2027 sales guidance from $10.635 billion-$10.660 billion to $9.940 billion-$9.950 billion.
“We had a strong Q2, with AI driving more than 25% of our new ACV and more than 5,500 customers now using at least one of our organic agents,” said Aneel Bhusri, co-founder, CEO, and chair, Workday. “Because of Workday’s deterministic rails, customers can trust our agents with the work that matters, and you’re seeing that in the numbers.”
Workday shares rose 0.1% to $193.75 in pre-market trading
These analysts made changes to their price targets on Workday following earnings announcement.
Piper Sandler analyst Billy Fitzsimmons maintained the stock with a Neutral and raised the price target from $145 to $190. Needham analyst Scott Berg maintained the stock with a Buy and raised the price target from $180 to $230. Morgan Stanley analyst Keith Weiss maintained the stock with an Underweight rating and raised the price target from $145 to $180. Cantor Fitzgerald analyst Matthew Vanvliet maintained the stock with an Overweight rating and lowered the price target from $220 to $205. Trending
Considering buying WDAY stock? Here’s what analysts think:
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
Workday uvedl, že AI neohrožuje jeho byznys, ale naopak ho táhne: tržby ve 2. čtvrtletí vzrostly o 12,8 % na 2,65 miliardy USD a AI tvořila 25 % nové smluvní hodnoty.
Workday NASDAQ: WDAY was among the hardest hit by SaaS-pocalypse fears—and among the best positioned for a rebound. The takeaway from Q2 reporting is that AI isn’t disrupting its business so much as driving it.
AI modelers aren’t disrupting the business, and neither are the customers, who, it was feared, might develop their own internal human resources automation tools. In reality, businesses and enterprises are turning to Workday in record numbers as it transitions from a legacy operator to a new-age agentic AI enabler.
Get Workday alerts:
Workday Today
$204.72 0.00 (0.00%)
As of 08/28/2026 04:00 PM Eastern
$110.36▼
$249.8541.53
$206.00
Reasons why the stock price could continue to rise in 2026 and beyond are record sales, hypergrowth in core agentic AI segments, the deal pipeline, adoption rates, and margins. Unlike AI infrastructure operators, which are heavily burdened with front-end costs, Workday is among the few that are successfully monetizing AI today.
Among the critical details are Workday's cash flow and the capital returns it enables. Workday is a share-buying machine, buying back approximately $1.33 billion in shares during the quarter and issuing a new authorization.
Buybacks helped reduce the share count by about 8.8% from a year earlier. The new authorization is worth $4 billion, or about 8.3% of the late-August market cap.
Workday Is in the Early Stages of an AI BoomWorkday posted a strong quarter, with revenue growth and guidance that exceeded expectations. Revenue grew by 12.8% to $2.65 billion, marginally better than expected, underpinned by subscriptions and AI.
Subscriptions grew 13.9%, while AI accounted for 25% of new contract value as adoption accelerated. Adoption, as indicated by the number of clients using at least one agentic product, grew by 35%. The backlog also grew solidly, up 14.2% on a 12-month basis and 8% overall, pointing to continued strength in the coming quarters.
Margin was the real bright spot. The company widened margins at all levels, driving faster earnings growth despite increased investment. Adjusted operating income margin grew 210 basis points (bps), driving $2.75 in adjusted earnings per share, up 20% from the prior year and nearly 15 cents above expectations.
WDAY Market Underprices Growth PotentialGuidance could be a catalyst for higher stock prices, with Q3 and full-year targets above consensus forecasts, underpinned by new and expanded deals with hyperscalers, including Alphabet’s NASDAQ: GOOGL Google Cloud and Amazon's NASDAQ: AMZN AWS.
The likely outcome is that Workday continues to gain momentum and outperforms its forecast in the subsequent quarter.
The question now is where the stock price might go before then, and the trends are strongly bullish. The problem is that initial analyst responses to the release, as bullish as they were, only lifted targets to the $220 range. In this scenario, analysts are signaling a bottom in the stock and potential for it to rise over time, but near-term upside is limited.
Long-term, the upside potential is ample. The stock trades at a reasonably low price-to-earnings multiple today, about 17.5x the current-year guidance, which doesn't fully price in the growth trajectory.
Analysts forecast substantial earnings growth in the coming years, which could significantly compress Workday’s forward P/E multiple. In this scenario, WDAY stock could rise by several hundred percentage points over the coming years, exceeding $1,000 within the next few years.
Analysts and institutional data reflect caution, but also an underlying confidence not found in most stocks. Thirty-eight analysts cover WDAY, a high number for any stock, and the consensus is Hold, with a 51.3% Buy-side bias and an uptrend in price targets likely to continue as the year progresses.
Institutions show a more visibly bullish posture, owning nearly 90% of the stock and accumulating quarterly over the trailing 12 months. Their activity conspicuously accelerated in late Q2 and early Q3, coinciding with the stock price rebound, limiting risk in Q3.
Workday has an added tailwind in the short interest. Short interest was falling ahead of the release and will likely accelerate the decline now that guidance is in. The risk is that short sellers will reposition at a higher level, reinforcing the idea that near-term upside may be limited. Lingering SaaS-pocalypse fears add to the risk, setting the stage for volatility in upcoming quarters, if not an outright correction, should weaker-than-expected earnings or bad news emerge.
Chart price action is bullish, signaling the continuation of the trend. The risk, again, is that candlestick action limits near-term upside. The early-August price surge triggered selling and resistance at the long-term 150-week EMA, indicating a price cap near $227.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Should You Invest $1,000 in Workday Right Now?Before you consider Workday, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Workday wasn't on the list.
While Workday currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Dell Technologies říká, že agentic AI bude automatizovat práci, měnit infrastrukturu i bezpečnost. Firma už používá agenty v CRM i ve vývoji softwaru a varuje před „agent washing“.
Dell Technologies (NYSE:DELL) is positioning agentic artificial intelligence as a shift not only in enterprise infrastructure, but also in how companies organize work, manage costs and secure autonomous systems.
At The Six Five Summit’s AI infrastructure track, John Roese, Dell’s global chief technology officer and chief AI officer, said enterprises are moving beyond earlier generative AI efforts centered on making proprietary data available through chatbots and assistants. Agentic AI, he said, is distinct because it is designed to perform work autonomously rather than simply help employees access information.
“You’re not just unlocking data,” Roese said. “What you are doing is digitizing work. You are literally shifting work from a human being to a machine.” From AI pilots to production systems Roese said Dell has developed agents over the past two years and moved them into production during the last year. The company is using agents in areas including CRM data cleanup, software development and special pricing, he said.
He cautioned, however, that the market is experiencing substantial “agent washing,” with chatbots, digital assistants and autonomous agents frequently grouped together despite having different capabilities. Dell views the distinction as important because autonomous agents require different infrastructure, technology stacks and governance models than earlier generative AI deployments, Roese said.
According to Roese, targeted uses of AI assistants can generate productivity gains of 20% to 40% around a task. Agentic systems, by contrast, can produce larger changes by taking on categories of work and allowing employees to focus on higher-value responsibilities.
Matt Murphy, president and chief executive officer of Marvell Technology, said the infrastructure requirements of production agentic AI differ substantially from AI training workloads. While training emphasizes compute and interconnects, agentic inference increasingly makes memory capacity and bandwidth critical, he said.
Agents retain state through long workflows, repeated calls and interactions with other agents, Murphy said. As a result, larger context windows and workflows involving 20 to 30 turns can exhaust memory capacity and bandwidth before compute capacity is fully used.
Murphy also said CPUs will play a larger role in agentic environments by orchestrating branching logic, tool calls, retrieval, sandboxed code execution and coordination among agents. He added that latency becomes a major challenge at scale because production deployments may involve hundreds or thousands of coordinated agents, creating tail-latency issues that cannot simply be solved by adding more nodes.
Jobs change as work is automated, Roese says Roese argued that autonomous agents should not be viewed as “digital humans” or as direct replacements for entire jobs. Instead, he described jobs as containers comprising multiple kinds of work, including productivity, hygiene, coordination, expert and human-element work.
Agents can take over portions of that work, he said, causing jobs to evolve rather than disappear. For example, he said coding assistants initially reduced lower-level productivity work for engineers, such as code annotations and comments. More advanced, spec-driven agentic development can also automate coding and elements of CI/CD coordination, leaving engineers to focus more heavily on architecture, requirements and customer interaction.
“They do not take your job, they change your job,” Roese said.
Dell analyzed 6,800 jobs as part of its work on the impact of agents, Roese said. He said the company’s conclusion is that every job will change because each includes some work that agents can extract, while employees will increasingly focus on expert and human-facing activities.
Governance, hybrid infrastructure and token economics Roese said organizational change must be deliberate and directed from the top of the company. Dell initially identified 900 AI projects, canceled them and focused on about 13, he said. Those projects, according to Roese, helped the company decouple revenue growth from its cost structure.
As agentic technologies spread into jobs and processes, companies must avoid treating them as isolated task-automation projects, he said. Instead, they need to identify outcome-oriented work, establish governance and target deployments where organizations can manage the associated operational changes.
Roese also said businesses will need a diverse approach to AI infrastructure and token consumption. The economics of an agent that supports executive decision-making can differ materially from those of an agent handling low-value CRM data-cleansing work, he said.
Dell uses several sources of AI intelligence, Roese said, including open models run on-premises, frontier models in Dell data centers, frontier models in controlled virtual private clouds, APIs and models operating on devices. The mix provides choices across economics, performance, compliance and functionality, he said.
“You cannot do that with a monoculture,” Roese said, arguing that hybrid architectures are necessary because enterprise work is diverse.
Security model must evolve for autonomous agents On security, Roese said post-quantum cryptography is a manageable but real concern, particularly for data moving across public interfaces using weak encryption or key-management protocols. He said the industry has developed post-quantum algorithms and has time to deploy them, though organizations should account for “capture now, harvest later” risks.
He said the broader security challenge involves agents themselves. Dell now requires autonomous agents that access its data—whether internal or external—to carry a Dell-issued digital identity. That identity supports fine-grained authorization and gives Dell the ability to revoke an agent’s access if needed, Roese said.
Roese said this identity-based approach effectively provides a kill switch for agents, including those operating on third-party platforms. He also highlighted the security challenges posed by “headless agents,” which operate independently rather than directly on behalf of an individual employee.
Companies cannot assume existing IT and security practices are sufficient for agentic AI, Roese said. They must adapt their infrastructure, governance, identity systems and organizational structures as autonomous systems take on more enterprise work.
About Dell Technologies (NYSE:DELL) Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.
Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.
Dell má zveřejnit výsledky za 2. čtvrtletí 1. září před otevřením trhu; analytici čekají EPS 4,91 USD a tržby 44,90 miliardy USD. V minulém čtvrtletí firma překonala odhad EPS o 65 %.
Dell Technologies Inc. (NASDAQ:DELL) shares are in the spotlight Thursday, with earnings on deck, recent analyst activity, a technical setup showing the stock trading nearly 95% above its 200-day average and Edge Rankings all drawing attention.
Dell stock is showing upward movement. Why are DELL shares climbing? Earnings Preview & HistoryDell is scheduled to report second-quarter earnings on Sept. 1, before market open. Analysts estimate earnings per share of $4.91 along with revenue of approximately $44.90 billion. For the prior quarter, Dell reported earnings per share of $4.86, beating the consensus estimate of $2.94. The company also posted revenue of $43.84 billion, exceeding the consensus estimate of $35.45 billion.
Dell’s AI Backlog and Storage Growth in FocusInvestors will be closely tracking AI server backlog growth beyond last quarter’s record $51.3 billion figure, since supply — not demand — has become the primary constraint on how quickly Dell can convert orders into recognized revenue, with component shortages now spanning memory, CPUs, optical parts, and hard drives. Storage segment performance will also be in focus, with analysts expecting roughly 10% year-over-year growth on easier comparisons and rising AI-driven demand.
Commentary on cloud customer spending, including from CoreWeave Inc. (NASDAQ:CRWV) and SpaceX (NASDAQ:SPCX), along with any updates to full-year fiscal 2027 guidance, should offer additional signals on whether Dell’s recent momentum can continue given the stock’s more than 240% gain over the past year.
Analyst Consensus & Recent ActionsThe stock carries a Buy rating with an average price forecast of $491.44. Recent analyst moves include:
UBS: Neutral (Raises Target to $455.00) (Aug. 26) Morgan Stanley: Equal-Weight (Raises Target to $434.00) (Aug. 24) Evercore ISI Group: Outperform (Raises Target to $550.00) (Aug. 19) Dell Trades Nearly 95% Above Its 200-Day AverageDell’s longer-term trend is still pointed up, with the stock up 250.05% over the past 12 months and holding well above its major moving averages. At the current level, it’s trading 4% above the 20-day SMA ($452.03), 9.1% above the 50-day SMA ($431.07), 34.4% above the 100-day SMA ($349.73), and 94.7% above the 200-day SMA ($241.54).
From a trend-structure standpoint, the moving-average stack remains bullish: the 20-day SMA is above the 50-day SMA, and the golden cross that triggered in March (50-day SMA above the 200-day SMA) continues to support the bigger uptrend narrative. The more recent turning points also matter here: the stock put in a swing low in June, then pushed to a swing high and a 52-week high in August, which helps frame the current area as consolidation after a strong run.
For momentum, RSI is the cleanest read right now: at 54.79, it’s in neutral territory, suggesting the stock isn’t especially stretched in either direction despite the big multi-month move. In plain terms, RSI helps traders gauge whether buying or selling pressure is getting "overheated," and this reading implies Dell has room to move without immediately flashing an overbought/oversold warning.
Key Resistance: $485.50 — a nearby ceiling that sits between current price and the 52-week high ($514.00), where rallies can start to stall Key Support: $378.50 — a prior buyer-defense zone that also lines up as a meaningful pullback level versus the current uptrend Benzinga Edge RankingsBelow is the Benzinga Edge scorecard for Dell, highlighting its strengths and weaknesses compared to the broader market:
Momentum: Bullish (Score: 99.32) — The stock is showing strong relative strength, consistent with its extended uptrend. Value: Weak (Score: 23.34) — The setup screens as expensive versus typical value metrics, which can raise the bar for earnings execution. Growth: Bullish (Score: 76.52) — Growth factors are supportive, helping explain why buyers have been willing to pay a premium. The Verdict: Dell’s Benzinga Edge signal reveals a momentum-driven, growth-leaning profile with a clear premium-valuation tradeoff. For longer-term holders, the chart strength is the draw, but the low Value score means the next earnings update can matter more than usual for sentiment.
Read Next
Dell Shares Edge HigherDELL Price Action: At the time of publication, Dell shares are trading 1.35% higher at $470.06, according to data from Benzinga Pro.
Image via Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
The upcoming report from Dell Technologies (DELL - Free Report) is expected to reveal quarterly earnings of $4.95 per share, indicating an increase of 113.4% compared to the year-ago period. Analysts forecast revenues of $45.25 billion, representing an increase of 52% year over year.
The consensus EPS estimate for the quarter has undergone an upward revision of 5.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Dell Technologies metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Net Revenue- Infrastructure Solutions Group' should come in at $28.06 billion. The estimate points to a change of +67% from the year-ago quarter.
Analysts expect 'Net Revenue- Client Solutions Group' to come in at $14.56 billion. The estimate suggests a change of +16.4% year over year.
The average prediction of analysts places 'Net Revenue- Infrastructure Solutions Group- Storage' at $4.26 billion. The estimate points to a change of +10.5% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Net Revenue- Client Solutions Group- Consumer' of $1.93 billion. The estimate suggests a change of +11.9% year over year.
Analysts predict that the 'Net Revenue- Client Solutions Group- Commercial' will reach $13.17 billion. The estimate indicates a year-over-year change of +22.2%.
Analysts forecast 'Net Revenue- Infrastructure Solutions Group- Servers and networking' to reach $25.76 billion. The estimate suggests a change of +99% year over year.
It is projected by analysts that the 'Net Revenue- Corporate and Other' will reach $177.16 million. The estimate indicates a year-over-year change of -62.6%.
Analysts' assessment points toward 'Net Revenue- Products' reaching $36.73 billion. The estimate suggests a change of +53.4% year over year.
Based on the collective assessment of analysts, 'Net Revenue- Services' should arrive at $7.99 billion. The estimate indicates a year-over-year change of +36.8%.
The combined assessment of analysts suggests that 'Operating Income- Client Solutions Group' will likely reach $988.72 million. The estimate is in contrast to the year-ago figure of $803.00 million.
The consensus among analysts is that 'Operating Income- Infrastructure Solutions Group' will reach $3.38 billion. Compared to the present estimate, the company reported $1.47 billion in the same quarter last year.
View all Key Company Metrics for Dell Technologies here>>>
Over the past month, shares of Dell Technologies have returned +25.5% versus the Zacks S&P 500 composite's +3.7% change. Currently, DELL carries a Zacks Rank #1 (Strong Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Dell Technologies uzavřela fiskální 1. čtvrtletí 2027 s rekordním AI backlogem 51,3 mld. USD a zvýšila výhled tržeb z AI serverů na zhruba 60 mld. USD ve fiskálním roce 2027. Tržby z AI serverů vyskočily o 757 % na 16,1 mld. USD.
Key Takeaways DELL ended fiscal Q1 2027 with a record $51.3B AI backlog as demand exceeded supply.AI server revenues jumped 757% to $16.1B in fiscal Q1 2027, lifting ISG revenues 181% to $29B.DELL raised fiscal 2027 AI server revenue guidance to about $60B as its customer base grew. Dell Technologies (DELL - Free Report) is benefiting from strong AI infrastructure demand as enterprises, neocloud providers and sovereign customers expand investments in accelerated computing. The company’s growing AI-optimized server business is strengthening Infrastructure Solutions Group (ISG) growth, while its record AI backlog provides greater visibility into future deployments. DELL is broadening its AI portfolio across compute, networking, storage, software and services, helping the company capture a larger share of AI infrastructure spending alongside NVIDIA (NVDA - Free Report) and Cisco Systems (CSCO - Free Report) .
AI server demand has accelerated sharply. In the first quarter of fiscal 2027, DELL booked $24.4 billion in AI orders and generated $16.1 billion in AI-optimized server revenues, up 757% year over year. This momentum helped ISG revenues surge 181% year over year to a record $29 billion, while ISG operating income climbed 206% to $3.1 billion. DELL’s AI customer base surpassed 5,000, increasing more than 50% over the past six months, with traction across neocloud, sovereign and enterprise customers.
The expanding backlog provides substantial visibility into future growth. DELL exited the first quarter of fiscal 2027 with a record $51.3 billion AI backlog, while its pipeline continued to grow sequentially and remained multiples of backlog even after $24.4 billion in AI orders were booked. DELL expects to exit the year with meaningful backlog, indicating that demand extends beyond near-term shipments. Management said demand continues to exceed supply, with memory remaining the primary constraint.
DELL is strengthening its ability to capture this demand through integrated rack-scale infrastructure. The company introduced Dell PowerRack, a factory-integrated solution combining compute, networking and storage, while expanding support for NVIDIA’s Vera Rubin architecture. DELL is also enhancing PowerEdge servers, AI data platforms and storage offerings such as PowerStore Elite, ObjectScale and PowerFlex. These products should help customers deploy AI infrastructure faster while addressing performance, security, data residency and on-premise requirements.
AI growth is supporting operating leverage, with ISG operating margin increasing 80 basis points to 10.5% despite AI-server revenues rising nearly eightfold. AI-server profitability remained in line with DELL’s mid-single-digit operating-income margin target. Reflecting strong demand, DELL raised its fiscal 2027 AI-server revenue expectation to roughly $60 billion.
DELL Faces Tough CompetitionNVIDIA is capturing a growing portion of AI infrastructure spending through its full-stack platform. Amazon Web Services (AWS) plans to add more than 1 million Blackwell and Rubin GPUs, while GB300 delivered a 2.7-times throughput improvement and a 60% reduction in cost per token. Vera Rubin is expected to deliver up to 35 times higher inference throughput than Blackwell, strengthening NVIDIA’s position across compute, CPUs, networking and AI systems.
Cisco is also gaining traction. The company booked $9.3 billion in hyperscaler AI infrastructure orders in fiscal 2026 and expects $7.5 billion of related revenues in fiscal 2027. Cisco has multiple AI design wins and expects further opportunities, supported by Silicon One, Acacia optics and data-center networking solutions.
DELL’s Share Price Performance, Valuation & EstimatesShares of Dell Technologies have appreciated 275.1% year to date, outperforming the broader Zacks Computer and Technology sector’s 17.8% growth.
DELL Stock’s Price Performance
Image Source: Zacks Investment Research
DELL stock is trading at a premium, with a forward 12-month price-to-earnings ratio of 21.90X compared with the broader sector’s 21.25X. Dell Technologies has a Value Score of D.
DELL’s Valuation
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Dell Technologies earnings is currently pegged at $4.88 per share, down by a cent over the past 30 days, suggesting 110.34% growth.
Dell Technologies currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
