Track market-moving stories before they get noisy

Micron stock has staged a strong recovery this week, reaching near its highest level since July 2nd this year.

MU jumped to $1,016, up by nearly 40% from its lowest level in July, and technical and fundamental factors suggest further upside.

The daily chart shows that the MU stock has been in a strong rebound in the past few days, rising from a low of $736 in July to the current $1,016.

This rebound has coincided with that of other memory companies like SanDisk, Samsung Electronics, and SK Hynix.

The stock remains above the ascending trendline that links the lowest levels since August 6 of this year.

It has remained above the 50-day Exponential Moving Average (EMA), which has provided it with substantial support.

The Relative Strength Index (RSI) has jumped to 60, its highest level since June 29 this year.

This is a sign that the stock is gaining momentum as investors buy the recent dip. 

It has remained above the Ichimoku cloud and the Supertrend indicator.

Therefore, there is a likelihood that the stock will continue rising as bulls target the next key resistance level of $1,253, its highest level this year.

This target is about 22% above the current level. A move above that level will point to more gains.

MU stock chart | Source: TradingView

Micron is a top company in the high-bandwidth memory (HBM) industry, where it competes with top firms like SK Hynix and Samsung Electronics. 

The company’s business is firing on all cylinders as the artificial intelligence boom continues.

Just recently, its top clients like Nvidia, AMD, Google, and Amazon published strong financial results and boosted their forward guidance.

These numbers suggested that the companies will continue buying from Micron in the near term.

Micron’s last financial results showed that its growth accelerated in the third quarter, reaching $41.5 billion.

Revenue increased 74% from the second quarter and 346% from the same period a year earlier.

The company’s management believes that this growth will continue in the foreseeable future, with the fourth quarter rising to over $50 billion.

And this growth is expected in the coming years, with its revenue expected to hit $242 billion next year.

The company is benefiting from the rising demand for memory chips and the fact that the supply remains tight.

While Micron, Samsung, and SK Hynix are expanding their capacity, this supply will come online in the next few years.

Most importantly, there are signs that Micron is highly undervalued, with its forward price-to-earnings ratio being 13.85. In contrast, the S&P 500 Index has a multiple of 19.9, while the technology sector has a multiple of 22. Its Rule-of-40 multiple is even better.

The revenue and profitability growth, coupled with its valuation, explains why analysts are highly bullish on the company.

Data shows that the average target among analysts is $1,295, up by 27% from the current level. 

The next important catalyst for Micron shares will be the upcoming earnings later this month. Analysts expect these numbers to show that its revenue jumped to over $50 billion during the quarter.

READ MORE: Micron stock analysis as the AI Bubble Index sinks to a four-month low 

Largest comparative meta-analysis of its kind found da Vinci robotic-assisted surgery was associated with shorter hospital stays and a faster return to work compared with laparoscopic and open surgery  | Source: Intuitive Surgical, Inc.

SUNNYVALE, Calif., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Intuitive (NASDAQ: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, today announced the publication of a landmark systematic review and meta-analysis in the peer-reviewed Annals of Surgery Open.

The study analyzed data from more than 14 million da Vinci, laparoscopic and open procedures across 13 common benign (non-cancerous) conditions, making it the largest comparative meta-analysis of its kind. The authors found da Vinci surgery was associated with statistically significant improvements in select perioperative outcomes compared with laparoscopic and open surgery.

"Patients want confidence that their surgical approach will support a strong recovery and help them get back to work and to the people and moments that matter most to them. Surgeons and care teams need robust evidence to help guide those decisions," said Jaime Wong, MD, Chief Medical Officer at Intuitive. "Until now, evidence comparing surgical approaches for benign conditions has been spread across hundreds of studies. This analysis provides one of the most comprehensive assessments to date, helping patients and clinicians make more informed decisions."

Key findings
da Vinci surgery vs. laparoscopic surgery:

54% lower odds of conversion to open surgery13% lower odds of requiring a blood transfusionHospital stays approximately 4 hours shorterReturn to work approximately 2 days soonerLower postoperative pain scores and less pain medication useNo statistically significant differences in complications, infections, readmissions, or 30-day mortalityAverage operative time approximately 24 minutes longer da Vinci surgery vs. open surgery:

69% lower odds of requiring a blood transfusion46% lower odds of 30-day postoperative complications60% lower odds of surgical site infectionHospital stays approximately 2 days shorterReturn to work approximately 5 days soonerLower odds of intraoperative complications, readmission, reoperation, and 30-day mortality.37% lower odds of requiring pain medication within 30 daysAverage operative time approximately 46 minutes longer The analysis synthesized 14 years of published evidence spanning 32 countries, drawing from 13 randomized controlled trials, 21 prospective cohort studies, 101 database studies, and 231 retrospective cohort studies.

Led by Thomas H. Shin, MD, PhD, bariatric surgeon at Mass General Brigham, and conducted by researchers from the University of Virginia, Mass General Brigham, and Intuitive, the analysis examined procedures performed for benign conditions across gynecology, general surgery, bariatric surgery, urology, and hernia repair — including hysterectomy, cholecystectomy, and colorectal surgery.

“By bringing together evidence from randomized trials, prospective studies, and large real-world datasets, this analysis provides a broad view of perioperative outcomes across multiple procedures and specialties,” said Dr. Shin. “The findings add to our understanding of how surgical approaches compare while recognizing that the most appropriate approach depends on the procedure, patient, surgeon, and clinical setting.”

This study complements the previously published meta-analysis of 30-day surgical outcomes across seven oncological surgical procedures, led by Rocco Ricciardi, MD, MPH, chief of colon and rectal surgery at Massachusetts General Hospital. Together, the studies expand the comparative evidence available to patients, surgeons, and health systems across a broad range of benign and oncological conditions.

More than 21 million patients worldwide have been operated on by surgeons using the da Vinci system, with more than 3.1 million da Vinci procedures performed in 2025 alone.

About Intuitive
Intuitive (NASDAQ: ISRG), headquartered in Sunnyvale, California, is a global leader in minimally invasive care and the pioneer of robotic surgery. Our technologies include the da Vinci surgical system and the Ion endoluminal system. By uniting advanced systems, progressive learning, and value-enhancing services, we help physicians and their teams optimize care delivery to support the best outcomes possible. At Intuitive, we envision a future of care that is less invasive and profoundly better, where disease is identified early and treated quickly, so that patients can get back to what matters most.

This material has been developed with, reviewed and approved by an independent physician/surgeon who is not an Intuitive employee. The physicians did not receive compensation from Intuitive.

About da Vinci Surgical Systems
There are several models of the da Vinci surgical system. The da Vinci surgical systems are designed to help surgeons perform minimally invasive surgery and offer surgeons high-definition 3D vision, a magnified view, and robotic and computer assistance. They use specialized instrumentation, including a miniaturized surgical camera and wristed instruments (i.e., scissors, scalpels, and forceps) that are designed to help with precise dissection and reconstruction deep inside the body.

For more information, please visit the company's website at www.intuitive.com.

Important Safety Information
Patient outcomes may depend on a number of factors including, but not limited to, patient characteristics, disease characteristics, and/or physician/surgeon experience. The da Vinci system is a tool used for minimally invasive surgery.

Patients should consult with their doctor to discuss both nonsurgical and surgical treatment options, including the benefits and risks associated with each. They should also ask whether surgery using the da Vinci system is appropriate for their specific situation. As with any surgical procedure, serious complications can occur, including, in rare cases, death. Potential risks include injury to tissues and organs, as well as the possibility of switching to alternative surgical techniques during the operation, which may result in longer operative times and increased risk of complications.

For a summary of the risks associated with surgery, refer to www.intuitive.com/safety.

For risks, contraindications, cautions, and warnings and full prescribing information, refer to the associated da Vinci surgical system user manual(s), or visit https://manuals.intuitivesurgical.com/market.

@2026 Intuitive Surgical Operations, Inc. All rights reserved. Product and brand names/logos are trademarks or registered trademarks of Intuitive Surgical or their respective owner.

Contact Information:
[email protected]

Ryan Cohen is sitting on a war chest worth billions, and what he chooses to do with it before Tuesday's close could matter far more to GameStop investors than any revenue line in the quarterly report.

GameStop (NYSE:GME | GME Price Prediction) reports fiscal second quarter results Tuesday after the close. With shares down 4.58% year to date and a cash pile north of $7 billion, the reaction will hinge less on the P&L than on what Ryan Cohen does with the balance sheet.

Cash Deployment Now Matters More Than Comps In Q1 FY2026 revenue rose to $835.3 million, up 14% year over year, with gross margin expanding to 40.7% from 34.5% as collectibles became the largest category at $348.9 million, or 41.8% of sales. SG&A came down to $201.6 million, and interest income from the securities portfolio added another $83.7 million.

The board authorized a fresh $2.0 billion share repurchase program running through June 2, 2029, and GAAP results included a $268.4 million unrealized gain on derivative positions tied to a proposed acquisition of eBay (NASDAQ:EBAY). Management doesn’t typically hold a call or provide guidance, so investors read the release, the 10-Q, and the stock reaction.

Consensus Estimates Sell-side coverage on GME is thin. Alpha Vantage shows just one EPS analyst and one revenue analyst for the quarter, which is why the estimate ranges collapse to a single number.

Metric Q2 FY2026 Est. Prior Year FY2027 Est. EPS $0.27 $0.25 $1.30 Revenue $756.85M $972.2M $3.90B The quarterly EPS estimate has been revised up from $0.23 sixty days ago.

Core Retail, Cash Pile, and the eBay Overhang There are four things worth watching in this report. First, the collectibles trajectory. Trading cards and authentication have been the reason gross margin scaled from the low 30s into the 40s, and any deceleration matters more than a hardware miss.

Second, the revenue figure itself. Comparable Q2 FY2025 revenue was inflated by a $592.1 million hardware and accessories quarter, and international divestitures in Canada, France, and New Zealand continue to compress the top line. You want to see whether the decline is decelerating on a like-for-like basis.

Third, cash deployment. With roughly $8 to $9 billion in cash and securities, any progress on the $2.0 billion buyback, an update on the proposed eBay transaction, and the mark on the Bitcoin position (recently valued in the $519 to $529 million range) will move the stock more than operating metrics.

Fourth, the warrants. The 59 million warrants at a $32.00 exercise price expire October 30, 2026, and with the stock at $19.16, they are well out of the money. Any commentary on the $3.75 billion in convertible notes is fair game.

A Retail-Positioning Stock With a Balance Sheet Problem to Solve GME trades on retail sentiment as much as fundamentals, and moves have historically been large in both directions. Even with four straight beats, the average day-of reaction has been negative at -1%. The question this quarter is whether Cohen shows how the war chest gets deployed, or leaves the market to keep guessing.

Contact [email protected] for any questions or corrections.

Board of Directors member Lawrence Cheng reported a purchase of 55,000 shares of GameStop Corp. (GME -1.41%) in an SEC Form 4 filing dated September 8, 2026.

Transaction summaryMetricValueTransaction value$1.0 millionShares purchased (indirectly held)55,000Post-transaction shares (indirectly held)143,000Post-transaction value$2.70 millionTransaction value based on SEC Form 4 weighted average purchase price ($18.80); post-transaction value based on September 08, 2026 market close ($18.89).

Key questionsWhat does the 62% trade size relative to prior holdings suggest?
The transaction substantially expands the director's exposure through Cheng Capital LLC, moving the total position from 88,000 shares to 143,000 shares. This represents a concentrated increase in equity risk by the reporting owner.How does the transaction price compare to recent market levels?
Lawrence Cheng executed the purchase at $18.80 per share, slightly below the $18.89 market close on the same day. As of the September 8, 2026 market close, the stock was priced at $19.37.What is the nature of the insider's equity position?
The entirety of the reported position is held indirectly through Cheng Capital LLC. After the transaction, the insider's ownership percentage of the specialty retailer is 0.0319%.Does the filing include any derivative activity?
The filing was restricted to the acquisition of Class A Common Stock. There was no reporting of stock options, restricted stock units, or other derivative instruments in this specific transaction.Company OverviewMetricValueShare Price (as of market close 2026-09-08)$19.37Market Capitalization$8.7 billionRevenue (TTM)$3.6 billionNet Income (TTM)$893.3 millionCompany SnapshotGameStop Corp. operates as a specialty retailer offering new and pre-owned video game consoles, gaming software, accessories including controllers and headsets, virtual reality equipment, as well as collectibles and other entertainment products across physical stores and online platforms in the United States, Canada, Australia, and Europe.The company generates revenue through the sale of collectibles, gaming hardware, software, and accessories across its omnichannel retail network, leveraging both e-commerce capabilities and brick-and-mortar locations to serve collectors, gaming enthusiasts and casual consumers.GameStop's primary customer base consists of hobbyists and collectors, video game enthusiasts, console gamers, and entertainment consumers seeking both new releases and pre-owned products, with a focus on the mass-market collectibles and gaming demographic across developed markets.GameStop Corp. operates as a prominent specialty retailer in the consumer cyclical sector with a market cap of $8.7 billion. The company maintains a diversified product portfolio spanning collectibles, gaming hardware, software, and accessories, positioning itself as a destination retailer for specialty and entertainment products across multiple geographic markets.

With trailing 12-month revenue of $3.6 billion, GameStop demonstrates substantial scale within the specialty retail segment, though the company has experienced a one-year share price decline of 18.65% reflecting broader market dynamics in the retail sector.

What this transaction means for investorsThe Sept. 8 purchase of GameStop shares by Board of Directors member Lawrence Cheng signals his strong confidence in the stock, considering he increased his stake by a whopping 62%. He bought on the same day the company announced earnings results for its fiscal second quarter ended Aug. 1.

GameStop stock dropped on Sept. 8, and Cheng scooped up 55,000 shares for $18.80 per share. That's near the stock's 52-week low of $17.79 reached in August.

GameStop shares are down because the company reported fiscal Q2 sales of $790.2 million, a steep decline from the prior year's $972.2 million. Revenue fell due to store closures and the divestiture of its operations in France.

Perhaps Cheng's bullish outlook is because the company's shift toward a collectibles business is succeeding. GameStop's Q2 collectibles revenue reached $356.3 million compared to $227.6 million in the previous year.

The company also raised its full-year outlook. Moreover, news reports suggest GameStop's attempt to acquire eBay has transitioned towards a potential partnership instead, with the e-commerce giant possibly using GameStop's physical stores as a new channel to sell products.

Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends eBay. The Motley Fool has a disclosure policy.

Zillow expects continued softness in the for-sale market, with newly pending sales and inventory growth both decelerating as affordability challenges push demand toward rentals

Home sales fell 0.6% year over year in August, a deceleration from July's 6% annual gain, according to Zillow's August Market Report. Newly pending listings, a leading indicator of future closings, fell 2.6% year over year in August, extending a rapid deceleration from June's 7.5% annual gain — even as the number of homes for sale continues to climb. The rental market shows signs of absorbing sidelined demand, with rents rising 2.5% year over year, nearly double the rate of home value growth. , /PRNewswire/ -- Home sales slipped 0.6% year over year in August and fell sharply from July, according to the Zillow® August Market Report. Mortgage rates holding above 6.5% — their highest level in a year — kept many buyers on the sidelines. Newly pending listings, a forward-looking measure of demand, fell 2.6% from a year ago, a sign that the slowdown could continue through the remainder of the year.

August's closed sales largely reflect contracts signed in July, when elevated rates were already discouraging many would-be buyers. The typical U.S. home value rose 1.3% from a year ago to $369,678, according to the Zillow Home Value Index, and the monthly mortgage payment on the typical home was 2% higher than last year. Rents are climbing, too, up 2.5% year over year to $1,948 nationwide, giving prospective buyers little relief on either side of the rent-versus-own equation. That annual rent growth figure is also reaccelerating, up from 2.3% last month and 2% a year ago, suggesting the rental market is absorbing some of the demand that has shifted away from the for-sale market.

Inventory continues to offer a modest bright spot, with 1.41 million homes for sale nationwide, up 3% from a year ago. But new listings fell 7.9% from July, and the share of listings with a price cut edged up to 26.3% — half a percentage point above last year — a sign that sellers are still having to adjust expectations to meet the market.

"The for-sale housing market took a step back in August, and mortgage rates above 6.5% are the primary culprit," said Mischa Fisher, chief economist at Zillow. "The combination of weak sales and even weaker pending sales points to a soft close to 2026. There are more homes for sale than a year ago, which is good news for buyers who are ready to move, but until rates ease, many households will likely stay on the sidelines a little longer as renting is still the more affordable substitute."

Home Values & Mortgage Payments

The typical U.S. home value is $369,678. The Zillow Home Value Index (ZHVI) fell 0.1% month over month in August. Home values are 1.3% higher than a year earlier. The monthly mortgage payment on a typical U.S. home is $1,897, assuming a 20% down payment and including estimates for taxes, insurance and maintenance. That is 2% higher than last year. Inventory

There were 1.41 million homes for sale nationwide in August. Active inventory was 3% higher than a year earlier. Inventory rose 0.2% from July. New for-sale listings totaled 356,934 in August, up 2.4% from a year earlier and down 7.9% from July. Sales

339,927 homes were sold in August, according to Zillow's sales count nowcast. That is 0.6% lower than a year earlier, and down 10.7% from July. Competition

Homes took a median of 27 days to go pending in August. That's the same as last year and two days longer than July. The share of listings with a price cut in August was 26.3%. That was up 0.5 percentage points from a year earlier and down 0.8 percentage points from July. 29.6% of homes sold above list price in July, the most recent data available. That was 0.8 percentage points higher than a year earlier and 1.1 percentage points lower than June. Rents

The typical rent nationwide is $1,948, according to the Zillow Observed Rent Index. That's 2.5% higher than a year earlier and up 0.2% from July. 39.2% of rental listings on Zillow offered a concession in August. That's 2.5 percentage points higher than a year earlier and down 0.6 percentage points from July. Local data can be found on Zillow's market explorer. The Zillow September Market Report is expected to be released October 6.

Zillow August Market Report

Metro Area*

Typical
Home
Value
(ZHVI)

Home
Value
Change:
MoM

Home
Value
Change:
YoY

Inventory
Change:
YoY

Sales
Count
Nowcast 
Change:
YoY

Typical
Rent
(ZORI)

Rent
Change:
MoM

Rent
Change:
YoY

United States

$369,678

-0.1 %

1.3 %

0.2 %

-0.6 %

$1,948

0.2 %

2.5 %

New York, NY

$739,324

0.4 %

5.2 %

-3.5 %

-2.3 %

$3,615

0.2 %

4.2 %

Los Angeles, CA

$957,612

-0.3 %

1.4 %

0.5 %

-2.0 %

$2,941

0.2 %

1.6 %

Chicago, IL

$359,782

0.3 %

5.1 %

-0.4 %

4.9 %

$2,210

-0.1 %

4.9 %

Dallas, TX

$361,463

-0.3 %

-1.9 %

-1.3 %

-2.1 %

$1,659

0.1 %

0.4 %

Houston, TX

$305,386

-0.3 %

-1.8 %

-1.1 %

-4.0 %

$1,643

0.0 %

0.0 %

Washington, DC

$575,362

-0.5 %

0.3 %

-2.6 %

-3.5 %

$2,433

0.2 %

0.8 %

Philadelphia, PA

$390,935

-0.1 %

2.5 %

-0.2 %

-2.7 %

$1,911

0.4 %

3.6 %

Miami, FL

$477,919

0.2 %

0.5 %

-2.6 %

-1.0 %

$2,666

0.2 %

1.6 %

Atlanta, GA

$377,813

-0.4 %

-1.5 %

0.6 %

-0.8 %

$1,853

0.3 %

2.0 %

Boston, MA

$737,482

-0.2 %

2.3 %

-4.2 %

0.1 %

$3,074

-0.7 %

2.4 %

Phoenix, AZ

$442,171

-0.4 %

-1.0 %

-0.9 %

-1.4 %

$1,722

0.1 %

0.7 %

San Francisco, CA

$1,134,525

-0.3 %

3.3 %

-1.1 %

2.5 %

$3,409

1.7 %

10.8 %

Riverside, CA

$583,081

-0.1 %

0.4 %

-0.9 %

-0.7 %

$2,541

0.3 %

2.8 %

Detroit, MI

$267,999

-0.1 %

1.8 %

5.0 %

-1.6 %

$1,524

0.4 %

3.8 %

Seattle, WA

$730,623

-0.8 %

-1.6 %

0.0 %

-6.5 %

$2,278

0.2 %

1.7 %

Minneapolis, MN

$390,396

-0.2 %

1.7 %

1.4 %

4.4 %

$1,719

0.1 %

3.5 %

San Diego, CA

$934,936

-0.4 %

1.0 %

-2.0 %

-6.3 %

$2,994

0.3 %

2.0 %

Tampa, FL

$359,285

-0.1 %

-0.6 %

-1.4 %

2.7 %

$2,001

0.1 %

-0.1 %

Denver, CO

$562,732

-0.5 %

-1.5 %

0.0 %

-1.6 %

$1,922

-0.1 %

-0.6 %

Baltimore, MD

$400,583

-0.4 %

0.4 %

0.2 %

3.7 %

$1,948

0.3 %

2.6 %

St. Louis, MO

$277,084

-0.1 %

3.3 %

-0.5 %

-5.3 %

$1,443

0.2 %

3.9 %

Orlando, FL

$383,656

-0.2 %

-1.4 %

-1.0 %

5.8 %

$1,942

0.0 %

0.7 %

Charlotte, NC

$384,369

-0.4 %

-0.7 %

-1.5 %

-2.4 %

$1,749

0.2 %

1.0 %

San Antonio, TX

$276,834

-0.3 %

-1.8 %

-0.5 %

5.7 %

$1,422

0.2 %

-1.3 %

Portland, OR

$545,374

-0.3 %

0.1 %

-0.4 %

1.4 %

$1,818

0.3 %

0.6 %

Sacramento, CA

$576,967

-0.3 %

0.2 %

-1.3 %

3.5 %

$2,282

0.3 %

1.7 %

Pittsburgh, PA

$232,967

0.1 %

0.3 %

-0.3 %

-6.5 %

$1,469

0.0 %

3.4 %

Cincinnati, OH

$309,495

-0.2 %

2.3 %

-1.8 %

3.7 %

$1,522

0.2 %

2.6 %

Austin, TX

$419,900

-0.5 %

-4.2 %

-3.2 %

2.0 %

$1,622

0.1 %

0.0 %

Las Vegas, NV

$423,354

-0.5 %

-2.8 %

1.8 %

2.1 %

$1,742

-0.3 %

0.1 %

Kansas City, MO

$329,538

0.0 %

3.8 %

-0.5 %

1.7 %

$1,529

0.3 %

3.6 %

Columbus, OH

$331,866

-0.1 %

1.3 %

-0.5 %

6.3 %

$1,521

0.5 %

2.6 %

Indianapolis, IN

$294,343

-0.1 %

1.0 %

2.9 %

-2.7 %

$1,552

0.3 %

3.3 %

Cleveland, OH

$255,245

0.3 %

4.0 %

1.6 %

1.4 %

$1,454

0.3 %

4.5 %

San Jose, CA

$1,544,638

-1.0 %

0.3 %

0.2 %

-5.7 %

$3,815

1.0 %

7.6 %

Nashville, TN

$453,322

-0.2 %

-0.3 %

0.7 %

1.0 %

$1,813

0.2 %

0.8 %

Virginia Beach, VA

$374,765

0.0 %

2.9 %

0.6 %

3.4 %

$1,891

1.0 %

6.6 %

Providence, RI

$528,018

0.1 %

3.7 %

2.3 %

-1.5 %

$2,167

0.1 %

4.3 %

Jacksonville, FL

$351,487

-0.1 %

0.0 %

-2.2 %

-1.0 %

$1,696

0.2 %

1.8 %

Milwaukee, WI

$391,398

0.1 %

5.5 %

-1.4 %

-2.9 %

$1,563

0.3 %

5.0 %

Oklahoma City, OK

$246,105

0.0 %

1.1 %

2.4 %

-4.9 %

$1,388

0.2 %

2.3 %

Raleigh, NC

$431,407

-0.4 %

-1.6 %

-1.4 %

4.7 %

$1,675

0.3 %

0.8 %

Memphis, TN

$244,845

-0.2 %

0.1 %

-0.5 %

0.8 %

$1,400

-0.1 %

1.0 %

Richmond, VA

$396,305

-0.1 %

2.7 %

3.5 %

-3.6 %

$1,729

-0.2 %

2.5 %

Louisville, KY

$280,808

-0.3 %

1.6 %

1.7 %

-0.2 %

$1,348

0.0 %

1.6 %

New Orleans, LA

$261,012

-0.3 %

1.6 %

-0.8 %

-2.7 %

$1,598

0.0 %

1.4 %

Salt Lake City, UT

$562,551

-0.2 %

1.0 %

6.2 %

0.1 %

$1,641

0.1 %

0.5 %

Hartford, CT

$404,670

0.2 %

5.2 %

1.0 %

1.2 %

$2,034

0.3 %

3.2 %

Buffalo, NY

$292,435

0.3 %

3.7 %

5.2 %

-3.8 %

$1,449

0.5 %

3.5 %

Birmingham, AL

$263,461

0.0 %

2.5 %

0.4 %

1.0 %

$1,433

0.8 %

2.0 %

*Table ordered by market size 

Forward-looking statements
This press release includes forward-looking statements about future housing market conditions, mortgage rates, rental trends and other economic factors. These statements are based on current expectations and assumptions, which are subject to change. Actual outcomes may differ materially due to changes in economic and market conditions. Forward-looking statements speak only as of the date of this release, and Zillow Group undertakes no obligation to update them.

About Zillow Group
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people.

As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.

Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.

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Intel just hit a lithography milestone that puts every rival chipmaker years behind, and the stock is surging against a falling market. Whether that lead translates into a lasting foundry turnaround is the question investors are now pricing in real…

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A deepened High-NA EUV (high numerical aperture extreme ultraviolet) collaboration is lifting Intel (NASDAQ:INTC | INTC Price Prediction) and ASML Holding (NASDAQ:ASML) in Tuesday morning trading, with the semiconductor equipment story cutting against a softer market backdrop. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is down 0.15%, so both names are climbing against a weaker tape. AI-related lithography demand is the anchor.

Intel stock is up 5% to $101, extending a run that has shares up 172% year to date. Today’s catalyst is a joint update from Intel Foundry and ASML confirming that more than one million wafers have been processed on High-NA EUV equipment, including production layers of Intel’s Core Ultra processors code-named Panther Lake. That milestone puts Intel years ahead of every other logic foundry on the newest generation of ASML tools.

Meanwhile, ASML stock is up 3% to $1,773, with the Dutch equipment maker’s year-to-date advance now at 67%. Taiwan Semiconductor Manufacturing (NYSE:TSM) shares are up 3% to $438, riding the same wave of AI-driven capacity demand.

Panther Lake Milestone Anchors the Move Intel confirmed at its Q2 2026 report that high-volume manufacturing began for Panther Lake using ASML’s EXE High NA EUV technology, and today’s update quantifies how far that ramp has traveled. Intel said the machines are performing as expected on accuracy, speed and availability, and ASML chief executive Christophe Fouquet called Intel one of the key leaders of the industry’s adoption of High NA. That endorsement from the only vendor of leading-edge lithography carries weight for the external foundry customers Intel is still trying to sign.

The economics matter for both sides. ASML is the only company supplying EUV lithography systems at commercial scale, so a rival chipmaker committing to the tools generates revenue for ASML, which is why the equipment maker and its lead customer are rising on the same headline (the power, cooling, and networking suppliers riding the same AI buildout are the subject of a free report we put together here). Intel Foundry booked $5.765 billion of revenue in Q2, up 31% year over year, even as the segment reported a $2.1 billion operating loss as its capacity investments ramp.

Rivals Trail by Years Intel’s lead sits on a clear calendar. Samsung Electronics plans to bring High-NA EUV into high-volume DRAM manufacturing by 2028, and Taiwan Semiconductor plans to use it for advanced-node production starting in 2030, having previously argued the productivity gains didn’t justify the cost. That gap is the clearest technical evidence yet that Intel’s foundry turnaround rests on more than politics.

ASML’s Q2 2026 results already flagged the moment. The company reported first high-volume Logic product qualification on select Intel 18A product layers, and Fouquet stated that “The maturity of the platform is improving towards the level required for insertion into high-volume manufacturing.” ASML also raised its full-year 2026 sales outlook to between €43 billion and €45 billion, with plans to add 30% to 2026 low NA EUV capacity of around 65 units for 2027.

According to CNBC reporting Tuesday morning, TSMC and Samsung have both committed to ASML’s newest chipmaking tools as AI drives demand. Their commitments extend the ASML order story even as their own High-NA production ramps sit years out.

What to Watch Next A second and unrelated support sits under Intel’s move today. President Trump posted an AI-generated image on Truth Social depicting himself trading Intel shares and claimed he has made hundreds of billions of dollars on stocks for the U.S., a post that offered no evidence and comes against the backdrop of the administration’s equity stake in Intel. Some of today’s flows likely trace to that political overlay alongside the lithography update itself.

Intel’s foundry momentum is real, with Q2 2026 revenue of $16.13 billion, up 25.4% year over year and described as Intel’s strongest revenue growth in more than 15 years. Yet, investors sizing their positions should stay measured given how much optimism the 172% year-to-date figure already reflects. A cautious position size limits their risk if the next Panther Lake yield update disappoints.

A hold above $100 for Intel stock into Tuesday’s close would show the lithography story is doing the work, and continued strength in ASML shares would be the cleanest confirmation. Traders can watch for a Q3 update from Intel on Panther Lake volumes and Intel 18A yield progression to gauge whether the foundry turnaround has passed its inflection point.

Contact [email protected] for any questions or corrections.

Abbott's TactiFlex™ Duo Ablation Catheter, Sensor Enabled™ combines pulsed field ablation (PFA) and radiofrequency (RF) energy in a single catheter to treat complex atrial fibrillation (AFib) cases Strong clinical evidence demonstrates the device's high rates of safety and effectiveness in treating AFib patients FDA approval of TactiFlex Duo strengthens Abbott's expanding PFA portfolio following recent cardiac ablation approvals in the U.S., Europe, Asia and Latin America , /PRNewswire/ -- Abbott, the global healthcare leader, announced today it has received U.S. Food and Drug Administration (FDA) approval for the TactiFlex™ Duo Ablation Catheter, Sensor Enabled™ to treat patients with challenging cases of atrial fibrillation (AFib). The U.S. approval of this dual-energy catheter, the latest generation of Abbott's cardiac ablation technology, marks a significant milestone in Abbott's commitment to advancing therapies that help physicians treat complex heart rhythms with greater precision and flexibility. Abbott will soon begin cases with broader commercial adoption across the country in the coming weeks.

Why cardiac ablation matters for people with AFib
For the 10.5 million people in the U.S. who live with a heart that beats too fast, too slow or in an irregular way, treatment is critical as AFib increases the risk of serious complications, including stroke.1,2 While many people are treated with medications, others require cardiac ablation, a minimally invasive procedure that targets the tissue responsible for abnormal electrical signals in the heart.

TactiFlex Duo is Abbott's latest ablation catheter designed to give physicians more flexibility when treating AFib. The technology allows physicians to use pulsed field ablation (PFA), radiofrequency (RF) energy, or a combination of both during a procedure, helping them tailor treatment to each patient's needs. Abbott's EnSite™ X EP System also provides physicians with real-time feedback as an integrated mapping solution with the PFA Index (PI), a tool designed to assess lesion formation during ablation with TactiFlex Duo. The dual-energy approach means physicians can create precise therapeutic lesions, or small areas of scar tissue, that block the abnormal electrical signals causing an irregular heartbeat while helping minimize the impact on surrounding healthy tissue. Successfully treating these areas can help restore the heart's normal rhythm and improve outcomes for patients living with AFib. 

"Electrophysiology is rapidly evolving as physicians adopt new technologies that improve the safety and effectiveness of AFib treatment," said Atul Verma, M.D., Director of Cardiology at the McGill University Health Centre in Montreal, Canada, and a globally recognized expert in pulsed field ablation technology. "TactiFlex Duo provides physicians with greater flexibility during procedures, and when it is combined with the high-resolution 3D visualization available through Abbott's EnSite X mapping system, physicians have a suite of practice-changing tools to confidently treat patients with complex AFib."

Safety and effectiveness data support TactiFlex Duo FDA approval  
The FDA approval of TactiFlex Duo was secured based on the results from Abbott's FlexPulse IDE study. Late-breaking data from the study recently presented at the European Society of Cardiology (ESC) Congress 2026, which was simultaneously published in EP Europace, showed favorable safety and effectiveness outcomes in patients with paroxysmal AFib (irregular heart rhythm episodes that come and go).

"TactiFlex Duo represents an important advancement as Abbott builds the industry's most comprehensive electrophysiology portfolio," said Uri Yaron, senior vice president of Abbott's electrophysiology business. "From diagnosis, mapping and intracardiac ultrasound imaging to advanced treatments for the most complex arrhythmias, Abbott is uniquely positioned to support physicians at every stage of patient care. By continuing to expand our PFA portfolio and integrate innovative technologies across cardiovascular care, we're helping physicians navigate increasingly complex procedures while ensuring more patients receive the right care at the right time."

Regulatory momentum across Abbott's PFA portfolio
The U.S. FDA approval of TactiFlex Duo further expands Abbott's portfolio of technologies designed to help physicians treat patients with cardiac arrhythmias. It is the company's fifth major electrophysiology approval in just over a year, following Europe's Amulet 360™ and TactiFlex Duo CE Mark approvals this year, and U.S. and European approvals of the Volt™ PFA System in 2025.

Frequently Asked Questions

What is TactiFlex Duo?
TactiFlex Duo is an advanced cardiac ablation catheter designed to treat irregular heart rhythms. Its dual-energy feature combines pulsed field ablation (PFA) and radiofrequency (RF) energy in a single device, allowing physicians to tailor treatment to each patient's unique needs during AFib ablation procedures.  

How do physicians know the precise locations in the heart to treat patients with TactiFlex Duo?  
TactiFlex Duo is integrated with Abbott's EnSite X EP System, a sophisticated mapping system that creates highly detailed three-dimensional maps of the heart to help doctors find and treat the source of an irregular heartbeat. Working together with Abbott's Advisor™ HD Grid X mapping catheter, ViewFlex™X ICE (intracardiac echocardiography) catheter and EnSite Echo Module, the integrated portfolio is designed to give physicians real-time images of the ablation catheter's positioning and movement, and a digital model of the patient's heart throughout a procedure. The EnSite X EP System also provides physicians with real-time information – called PFA index – which shows how the small areas of scar tissue created by TactiFlex Duo's pulsed field energy develop during an ablation procedure.3 

Who may need an ablation using TactiFlex Duo?
Patients with atrial fibrillation, particularly those with complex anatomy, prior or failed ablations or other challenging clinical situations, may benefit from treatment with TactiFlex Duo as determined by their physician. 

What are the patient benefits of being treated with TactiFlex Duo?
The catheter offers physicians greater procedural flexibility and precision through dual-energy capabilities, helping treat irregular heart rhythms while reducing the potential for damage to surrounding tissue. Clinical data has shown the technology to be safe and effective.

For U.S. important safety information go to:

TactiFlex Duo Ablation Catheter, Sensor Enabled

Volt™ PFA System

EnSite™ X EP System 

Advisor HD Grid X Mapping Catheter, Sensor Enabled™

ViewFlex X ICE Catheter, Sensor Enabled™ and EnSite Echo Module

The Amulet 360™ Left Atrial Appendage Occluder is approved for investigational use only in the U.S.

About Abbott
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic 3 medicines. Our 122,000 colleagues serve people in more than 160 countries.

Connect with us at www.abbott.com and on LinkedIn, Facebook, Instagram, X and YouTube. 

________________________________

1 Noubiap JJ, Tang JJ, Teraoka JT, Dewland TA, Marcus GM. Minimum National Prevalence of Diagnosed Atrial Fibrillation Inferred From California Acute Care Facilities. J Am Coll Cardiol. 2024;84(16):1501-1508. doi:10.1016/j.jacc.2024.07.014.

2 About Atrial Fibrillation. Centers for Disease Control. (n.d.). About Atrial Fibrillation | Heart Disease | CDC.

3 Friedman, et al. (2025 September) Development of a PFA index to guide energy delivery with a force sensing flexible, irrigated tip catheter [Oral presentation]. ESC 2025, Madrid, Spain.

SOURCE Abbott

Medtronic’s Stars Are Aligning for a Price RecoveryMedtronic NYSE: MDT executives said the medical device maker is seeing accelerating growth across major franchises and emerging product categories, supported by innovation in artificial intelligence, robotics and new therapies.

Speaking at the Wells Fargo Healthcare Conference, Chairman and Chief Executive Officer Geoff Martha said medical technology is benefiting from innovations that can improve outcomes while potentially lowering costs and expanding patient access. He described AI and robotics as “force multipliers” that enable the company to diagnose conditions earlier and personalize treatment at scale.

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Medtronic Bottoms, Healthy Rebound AheadMartha said Medtronic’s AI applications are centered on structured physiological, device and procedure data rather than broad large-language-model applications. He pointed to GI Genius, the company’s AI-supported colonoscopy technology, as an example. In the U.S., he said the technology is becoming a standard of care after clinical trials found that 25% to 50% of polyps could be missed even at leading centers. He also cited its use in India, where less-experienced physicians were able to achieve diagnostic results comparable to those in the U.S.

Limited ACA Exposure, China Stabilization Addressing concerns around healthcare policy changes, Martha said Medtronic has limited exposure to Affordable Care Act-related programs. He said the company’s procedure mix is largely acute rather than elective, with approximately two-thirds of its payer mix tied to Medicare, 25% to commercial insurance and less than 10% to Medicaid. ACA-related programs account for less than 1% of Medtronic’s global revenue, he said.

3 Reasons Analysts Love DexComIn China, Chief Financial Officer Thierry Piéton said Medtronic’s revenue exposure has fallen to between 5% and 6% following volume-based procurement, or VBP, changes. However, he said the company believes the impact of VBP is now largely behind it and that China has returned to a more normal operating environment. Martha said Medtronic remains committed to the country, which he characterized as a profitable growth market as the government expands access to higher-end healthcare.

First-Quarter Growth and Franchise Performance Piéton said Medtronic reported first-quarter growth of 13.7% including an extra week in the period, or about 7% after adjusting for that extra week. He said the company’s large established franchises are growing faster than in prior periods, while several newer businesses could provide additional expansion.

Cardiac rhythm management: Revenue rose 15% including the extra week, or about 9% on an adjusted basis, driven by EV-ICD, conduction system pacing and leadless pacemaker technology, according to Piéton. Spine: Piéton said the Stealth AXiS platform has helped Medtronic offer navigation, visualization and robotic-assistance tools alongside implants, supporting customer retention and pricing. Surgical: The surgical business performed well, including acute care and monitoring, he said. High-growth opportunities: Piéton identified cardiac ablation, Symplicity renal denervation for hypertension, Altaviva for urinary incontinence and Hugo surgical robotics as four potentially multibillion-dollar opportunities. Martha said Medtronic has effectively doubled its investment in innovation in recent years when both internal research and development and external investments, including venture investments and acquisitions, are considered. He said the company’s growth is diversified by geography, business line and a mix of organic and inorganic investment.

Cardiac Ablation and Robotics Expansion Cardiac ablation was a notable driver, with Martha describing the business as exceeding the company’s earlier expectation of reaching $2 billion in sales. Piéton said the market is growing at a mid-teens rate, or around 15%, and Medtronic expects to grow at more than 2.5 times the market rate for the full fiscal year. He said the company grew its capital-equipment installed base by 40% in the fourth quarter and by 35% sequentially in the first quarter, which should support future catheter demand.

Medtronic’s Sphere-9 catheter is currently a major contributor to ablation growth, Piéton said. The company has launched Sphere-360 in Europe and is conducting U.S. clinical trials. Martha said the company recently completed enrollment in the Sphere-360 trial, which includes a 12-month follow-up before submission.

On surgical robotics, Martha discussed Medtronic’s $700 million investment and distribution agreement with Cornerstone, which provides rights to the Sentire surgical robot in 50 countries outside the U.S. He said the deal broadens Medtronic’s offering in international markets, where hospitals and health systems may seek alternatives tailored to local needs and pricing.

Martha said Hugo, Medtronic’s surgical robotics platform, is focused on developed markets. The company expects to surpass 50,000 cumulative procedures and reach approximately 250 cumulative installed systems globally by year-end. Piéton said Hugo is already contributing to surgical-business growth, though the company did not provide specific revenue figures. Martha said Hugo has reached 99% uptime in the U.S. following software updates and refinements during its controlled launch.

Pipeline, Portfolio and Investor Day Martha said Medtronic sees renal denervation as a future billion-dollar product opportunity. He said the company is working to expand payer coverage and referral pathways for its hypertension therapy after a national U.S. coverage decision. He also said Medtronic plans more direct-to-consumer marketing in selected cities beginning in the fall.

Medtronic continues to evaluate tuck-in acquisitions, Piéton said, noting that the company has announced approximately $2.7 billion to $2.8 billion in deals over the last 12 months, compared with roughly $400 million to $500 million annually in the preceding six or seven years. He said the company intends to balance acquisition-related dilution with overhead leverage and improved gross margins.

The company also reiterated its intention to separate its MiniMed diabetes business. Piéton said Medtronic’s guidance assumes MiniMed remains consolidated for the full fiscal year, and that the ultimate earnings-per-share impact of a separation would depend on timing. He said MiniMed’s business performance has improved, but the intent to separate the business has not changed.

Medtronic plans to provide additional details on its growth outlook, new drivers and long-term financial framework at an Investor Day in December in Charlotte, North Carolina. Martha said the event will include demonstrations of the company’s robotics and digital technology ecosystems as well as physician perspectives.

About Medtronic (NYSE:MDT)Medtronic plc is a global medical technology company that develops, manufactures and sells devices and therapies used to diagnose and treat a broad range of medical conditions. Its products are designed for hospitals, physicians and patients across areas including cardiac care, diabetes, neurological disorders, spinal conditions and surgical procedures.

The company's portfolio includes pacemakers, implantable cardioverter-defibrillators, cardiac ablation systems, heart valves, neurostimulation systems, implantable pumps, spinal implants and surgical technologies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Key Takeaways RTX secured a contract worth up to $472M to support modernization and sustainment of the CH-47 Chinook fleet.RTX's avionics upgrades aim to add capabilities, address obsolete systems and strengthen mission readiness.RTX shares surged 32.3% in the past year, while its industry declined 6.4%, and trade below its industry P/E. RTX Corporation (RTX - Free Report) is strengthening its position in military aviation as the U.S. Army continues to modernize and sustain its helicopter fleet. Through its Collins Aerospace business, the company secured a contract worth up to $472 million to provide engineering services supporting the modernization and sustainment of the CH-47 Chinook fleet.

The contract will support avionics upgrades designed to integrate new capabilities, address obsolete systems and strengthen the Chinook’s avionics architecture. These upgrades should help maintain the fleet’s mission readiness while enabling the Army to incorporate new technologies more efficiently.

The award also supports greater commonality across the Army’s aviation fleet through the use of open and reusable avionics architectures. Such systems can be integrated across multiple aircraft, helping reduce integration complexity and improve cost and schedule efficiency as the Army modernizes its aviation platforms.

The latest award highlights Collins Aerospace’s longstanding relationship with the U.S. Army and its role in providing advanced avionics solutions for military aircraft. Continued investments in fleet modernization and technology upgrades should support demand for RTX’s avionics and mission systems.

With the U.S. military focused on extending the service lives and capabilities of existing aircraft while preparing them for evolving operational requirements, RTX is well-positioned to benefit from sustained demand for advanced avionics and modernization services. The Chinook contract strengthens RTX’s defense presence and reinforces its role in advancing the U.S. Army’s aviation modernization programs.

Defense Stocks to Keep on the RadarOther aerospace and defense companies benefiting from military aviation modernization are discussed below:

Lockheed Martin (LMT - Free Report) : Lockheed Martin provides advanced helicopters, avionics, mission systems and sustainment solutions to the U.S. military. Its Sikorsky business supports the Army’s helicopter fleet, positioning the company to benefit from continued investment in military aviation modernization.

Boeing (BA - Free Report) : Boeing’s Defense, Space & Security business supports the U.S. military with helicopters, aircraft and related sustainment services. Its strong presence in military rotorcraft positions it to benefit from ongoing fleet modernization and lifecycle support programs.

The Zacks Rundown for RTXShares of RTX have surged 30.2% in the past year against the industry’s 7% decline.

Image Source: Zacks Investment Research

The company’s shares are trading at a discount on a relative basis, with its forward 12-month Price/Earnings being 26.44X compared with its industry’s average of 30.76X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for RTX’s 2026 and 2027 earnings has moved north over the past 60 days.

Image Source: Zacks Investment Research

RTX stock currently carries a Zacks Rank #2 (Buy).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

UBS projects 150% revenue growth in missiles and fire control through 2030 Summary

UBS upgraded Lockheed Martin to Buy and raised its target to $674, projecting 9% revenue growth through 2028.

Lockheed Martin Corp. LMT rose 2.42% intraday after UBS upgraded the stock to Buy from Neutral and lifted its price target to $674 from $581, implying roughly 25% upside.

UBS expects 150% revenue growth in the missiles and fire control segment between 2025 and 2030, built on multi-year production frameworks, reflecting changed views on stockpile requirements and international demand. Across the company it models a 9% revenue compound annual growth rate through 2028, above consensus, and sees double-digit earnings per share upside to 2028 estimates. Missiles and munitions, F-35 sustainment, CH-53K and Trident are the named drivers.

On the budget worry, UBS thinks the market has it wrong. Awards are flowing and outlay catch-up is underway, with a 17% increase in July and 36% of the fiscal 2026 budget still to spend. The stock trades at a 15% discount to the S&P 500, which the firm argues doesn't reflect the production ramp the Pentagon is pushing the supply chain to deliver.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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Broadcom just delivered an earnings report that analysts say rewrites the AI semiconductor playbook entirely, and the numbers behind its custom chip roadmap suggest the biggest demand wave is still ahead.

Broadcom (NASDAQ:AVGO | AVGO Price Prediction) just posted the most consequential AI earnings report of the year.

Q3 FY2026 AI semiconductor revenue hit $16.70 billion, up 221% year over year and 54% quarter over quarter, and management now expects fiscal 2027 AI revenue near $115 billion and fiscal 2028 near $230 billion. That trajectory reframes the entire AI supply chain, and it reframes our model.

Our 24/7 Wall St. price target for Broadcom is $422.39, implying 18.92% upside from a current price of $355.18. Our recommendation is buy with high confidence.

24/7 Wall St. Price Target Summary Metric Value Current Price $355.18 24/7 Wall St. Price Target $422.39 Upside 18.92% Recommendation BUY Confidence Level 90% A Volatile Year Ending in a Blowout Quarter AVGO is up 24.04% over the past year and 6.5% year to date, but the path has been jagged. The stock touched a 52-week high of $494.18 and a low of $289.48, and shares are still down 6.37% over the past month.

Q3 revenue of $29.591 billion beat consensus, and non-GAAP EPS of $3.32 extended a nine-quarter EPS beat streak. Q4 guidance calls for revenue of roughly $34.8 billion, up 93% year over year, with AI accelerating to $21.7 billion, up 236%.

Why Bulls See $530 and Higher The bull case is written in the transcript. Hock Tan said Broadcom has “a pretty high degree of confidence we will ship $350 billion of AI semiconductors to these customers in the next two years” and is “very much on target to exceed $30 in earnings per share in fiscal 2028.”

Broadcom now has six XPU customers, ships Ironwood TPU v7 to Anthropic and Google, began production of Jalapeno for OpenAI, and has line of sight on 3 gigawatts of Meta MTIA capacity through 2028. Our bull scenario points to $533.50, a 50.2% one-year return.

What Could Go Wrong Customer concentration is real. Management noted four of the six XPU customers are expected to be particularly large, and gigawatt deployments depend on land, power, HBM memory, substrates, and leading-edge wafers.

Q4 gross margin is guided to 73%, down from 78% a year ago, as XPU mix rises. Bulls counter that operating margin still expanded 240 basis points to 67.9%, so mix pressure is being offset by scale. Our bear scenario lands at $373.83.

How Broadcom Compares to NVIDIA and Marvell NVIDIA (NASDAQ:NVDA) is the merchant GPU king and the natural benchmark. NVIDIA trades at 24x forward earnings with quarterly revenue growth of 105.9% year over year. That is roughly comparable to Broadcom’s forward multiple on $14.41 forward EPS, and it suggests our target is reasonable given AVGO’s 85.5% revenue growth.

Marvell Technology (NASDAQ:MRVL) is the closest direct competitor in custom ASIC and AI networking silicon. Marvell trades at 50x forward earnings with only 36.5% revenue growth. Broadcom is growing more than twice as fast at a materially cheaper multiple, which makes our 24/7 Wall St. price target look conservative on the peer set.

Company Forward P/E Rev Growth YoY Broadcom ~25x 85.5% NVIDIA 24x 105.9% Marvell 50x 36.5% Broadcom Price Prediction 2026 to 2030 The 24/7 Wall St. price target is $422.39, buy, with 90% confidence. The tipping factor is visibility: management gave a multi-year AI revenue roadmap tied to named customers and gigawatt deployments.

The bull thesis strengthens if Q4 AI revenue lands at or above the $21.7 billion guide. The thesis weakens if gross margin slips meaningfully below the guided 73% or if any of the top four XPU customers pushes out deployment timing.

Year 24/7 Wall St. Price Target 2026 $372.99 2027 $410.65 2028 $478.87 2029 $535.93 2030 $571.45 These projections assume Broadcom continues executing on its custom accelerator roadmap and networking attach rate.

Significant upside or downside could result from OpenAI and Anthropic deployment timing, Google TPU volumes, or supply availability of HBM, substrates, and leading-edge wafers. The gigawatt buildout also depends on the power, cooling, and networking suppliers standing behind the data centers themselves, which we profiled in a free report on seven AI infrastructure stocks that aren’t chipmakers.

Contact [email protected] for any questions or corrections.

Broadcom Today

$368.56 +10.67 (+2.98%)

As of 09/8/2026 04:00 PM Eastern

$289.96▼

$495.000.71%

47.07

$504.93

Despite providing investors with many impressive metrics, Broadcom NASDAQ: AVGO stock couldn’t get off the ground after the firm's latest earnings report. The day after earnings, Broadcom declined by 2.7%, a modest decline, but clearly not what many investors were hoping for.

Even with that disappointment, a key segment of the investment community continued to show strong support for Broadcom: Wall Street analysts. In aggregate, Broadcom saw its price targets move up after earnings. However, not all analysts viewed the report favorably, with multiple firms moving their targets down or lowering their ratings on the stock. Nonetheless, the analyst community still points to significant gains ahead for the chip giant, with many projecting the stock to move above its previous all-time high closing price.

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Broadcom Targets Rise as Analysts Debate the AI OutlookFollowing Broadcom’s earnings, MarketBeat tracked several price target increases and several price target decreases, suggesting that analysts did not fully align on the report’s implications. However, overall, analysts' sentiment remained constructive.

The MarketBeat consensus price target sits around $505, implying about 36% upside from recent levels and suggesting analysts still see room for the stock to move above its prior all-time high.

Rosenblatt Securities and Cantor Fitzgerald were among the analysts most impressed by Broadcom’s report. Rosenblatt moved its target up by 20%, from $500 to $600. Meanwhile, Cantor Fitzgerald’s target rose over 14% from $525 to $600. Their targets are now among the highest on Broadcom, implying upside of more than 60%.

Cantor Fitzgerald acknowledged investor concerns regarding the macroeconomic outlook, and that rising AI-related debt could impact future AI spending. However, the firm also said it sees potential for Broadcom’s growth to accelerate in 2028. Broadcom is already guiding for AI semiconductor revenue of $58 billion in fiscal 2026, about $115 billion in fiscal 2027, and $230 billion in fiscal 2028.

Cantor Fitzgerald may believe Broadcom could exceed its 2028 AI chip sales guidance, which is currently at $230 billion, causing growth to accelerate rather than fall off. This may not be unreasonable, given that Broadcom’s growth is currently supply-constrained. Should various supply constraints ease over time, it could allow Broadcom to exceed its 2028 growth expectations.

DA Davidson Cites Near-Term GuidanceOn the other hand, DA Davidson, TD Cowen, and Truist Financial were among the analysts who lowered their targets after Broadcom’s report. DA Davidson reduced its target to $350, TD Cowen lowered its target to $475, and Truist’s target fell to $520. UBS also downgraded Broadcom from Buy to Hold. DA Davidson’s target is now among the lowest on Broadcom, implying slight downside in the stock.

Broadcom Stock Forecast Today12-Month Stock Price Forecast:
$504.93
37.00% Upside

Moderate Buy
Based on 34 Analyst Ratings

Current Price$368.56High Forecast$600.00Average Forecast$504.93Low Forecast$350.00Broadcom Stock Forecast Details

DA Davidson noted that Broadcom’s near-term guidance failed to meet high investor expectations. This comes as Broadcom’s revenue guidance for fiscal Q4 2026 was $34.8 billion, around $200 million below consensus estimates. This argument may also extend to Broadcom’s 2027 AI chip sales guidance of $115 billion, which increased from “over $100 billion.”

Morgan Stanley was among the analysts whose targets did not shift significantly in response to Broadcom’s results. The firm issued a very small 0.6% price target increase after the report, moving its forecast to $505 per share. Although analyst Joseph Moore called the results "impressive," he also noted concerns about Broadcom’s relationship with Alphabet NASDAQ: GOOGL.

During Broadcom’s earnings call, the company acknowledged that MediaTek OTCMKTS: MDTKF was also a partner in Alphabet’s tensor processing unit (TPU) program. While this admission shows that such rumors were true, it does not provide a clear understanding of how much share Broadcom will have in the program versus MediaTek.

Marvell Technology NASDAQ: MRVL also participates in Alphabet’s TPU ecosystem, although the same calculus applies here, with Marvell’s position arguably being even less clear than MediaTek’s. Notably, J.P. Morgan Chase analyst Harlan Sur believes Broadcom will remain Alphabet’s largest partner, keeping at least two-thirds share of the TPU program.

Analyst Support Keeps Broadcom’s Bull Case IntactIn the end, Broadcom maintained very strong support from Wall Street analysts, despite shares moving into the red after its report. Among 34 analyst ratings, Broadcom has received 30 Buys, four Holds, and no Sells, showing that the post-earnings skepticism has not meaningfully dented the broader bull case.

That support does not erase the near-term questions around guidance, supply constraints, or Alphabet’s TPU program. But it does show that most analysts still see Broadcom’s AI revenue ramp as powerful enough to keep the long-term bull case intact.

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Brown Lisle Cummings Inc. increased its holdings in Booking Holdings Inc. (NASDAQ:BKNG – Free Report) by 40,900.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,690 shares of the business services provider’s stock after acquiring an additional 3,681 shares during the period. Brown Lisle Cummings Inc.’s holdings in Booking were worth $658,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BKNG. Bogart Wealth LLC boosted its holdings in shares of Booking by 3,475.0% in the 2nd quarter. Bogart Wealth LLC now owns 143 shares of the business services provider’s stock worth $25,000 after buying an additional 139 shares during the last quarter. Wilkerson Advisory Group LLC increased its holdings in Booking by 3,550.0% during the second quarter. Wilkerson Advisory Group LLC now owns 146 shares of the business services provider’s stock worth $26,000 after buying an additional 142 shares during the last quarter. Osbon Capital Management LLC bought a new stake in Booking in the fourth quarter worth about $27,000. First Financial Corp IN raised its position in Booking by 2,400.0% in the second quarter. First Financial Corp IN now owns 150 shares of the business services provider’s stock worth $27,000 after acquiring an additional 144 shares during the period. Finally, Roble Belko & Company Inc boosted its stake in Booking by 2,400.0% in the second quarter. Roble Belko & Company Inc now owns 150 shares of the business services provider’s stock valued at $27,000 after acquiring an additional 144 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling In related news, CFO Ewout L. Steenbergen sold 20,000 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $211.03, for a total transaction of $4,220,600.00. Following the sale, the chief financial officer owned 59,794 shares of the company’s stock, valued at approximately $12,618,327.82. This represents a 25.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Peter J. Millones sold 50,050 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $207.59, for a total value of $10,389,879.50. Following the completion of the transaction, the vice president owned 375,025 shares of the company’s stock, valued at approximately $77,851,439.75. This represents a 11.77% 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. Insiders sold 81,550 shares of company stock valued at $16,922,744 in the last 90 days. Corporate insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets A number of research analysts have recently weighed in on BKNG shares. Wedbush increased their target price on shares of Booking from $211.00 to $247.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Evercore reiterated an “outperform” rating and issued a $270.00 price objective on shares of Booking in a research note on Monday, August 24th. UBS Group increased their price objective on Booking from $266.00 to $274.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Jefferies Financial Group raised their target price on Booking from $180.00 to $190.00 and gave the stock a “hold” rating in a research report on Tuesday, July 14th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Booking in a research note on Wednesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $236.70. Read Our Latest Stock Report on BKNG

Booking Stock Performance Shares of BKNG stock opened at $193.29 on Tuesday. The firm’s 50 day moving average is $194.53 and its 200 day moving average is $178.71. The stock has a market capitalization of $145.23 billion, a P/E ratio of 21.39, a PEG ratio of 1.20 and a beta of 1.07. Booking Holdings Inc. has a 12 month low of $150.14 and a 12 month high of $226.10.

Booking (NASDAQ:BKNG – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The business services provider reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.43 by $0.11. Booking had a net margin of 25.53% and a negative return on equity of 102.96%. The business had revenue of $7.35 billion during the quarter, compared to analyst estimates of $7.19 billion. During the same period in the previous year, the business earned $55.40 EPS. Booking’s revenue was up 8.1% compared to the same quarter last year. On average, equities analysts predict that Booking Holdings Inc. will post 10.48 EPS for the current year.

Booking Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 11th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 11th. Booking’s dividend payout ratio (DPR) is presently 18.58%.

Booking Profile (Free Report)

Booking Holdings Inc is a global online travel company that operates a portfolio of consumer brands and technology platforms that facilitate the search for and booking of travel services. The company’s businesses focus on accommodations, transportation and related travel services through consumer-facing websites and apps as well as partner distribution channels. Booking Holdings was originally founded as Priceline in the late 1990s and adopted the Booking Holdings name in 2018; it is headquartered in Norwalk, Connecticut.

Its core offerings include online reservations for hotels, vacation rentals and other lodging; flight and car rental search and booking; and ancillary services that support travel planning and on-property experiences.

Featured Articles Five stocks we like better than Booking 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding BKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Booking Holdings Inc. (NASDAQ:BKNG – Free Report).

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Google Cloud and Accenture are working together on a joint unit dedicated to sending engineers into enterprises to help them better adopt Google’s AI tools and services. 

The new unit, dubbed Accenture Gemini Enterprise Business Group, is Google’s latest foray into the increasingly competitive world of “forward-deployed engineers,” or FDEs. Rivals in the AI race, including OpenAI, Anthropic, Microsoft, and Amazon, have all recently launched separate business units in a bet that implementing AI models can become its own trillion-dollar business.

It’s the kind of bet AI companies and hyperscalers increasingly need to make. Hyperscalers are committing hundreds of billions of dollars a year to GPUs, data centers, and power capacity even as the revenue directly attributable to AI remains a fraction of that investment.

Google Cloud generated $24.8 billion in the second quarter, a big chunk of which was driven by enterprise AI. But the commitments behind that growth are enormous. Google Cloud’s parent company Alphabet reportedly accumulated $811 billion in purchase commitments and contractual obligations as of June 30.

This return on investment is not yet materializing in the way companies and investors need it to, so everything hinges on whether or not AI companies can create enough demand for their services. But that demand is not guaranteed, as enterprises themselves are struggling to see a true return on investment on their AI spending.

It’s conventionally held that enterprises have simply lacked the expertise to intelligently integrate AI tools and services into their workflows in a way that not only saves them money, but helps them make more of it in the long run. That’s where the FDEs come in as a steady, guiding hand that, ideally, possesses the perfect mental cocktail of business acumen and agentic AI prowess needed to change everything. 

As part of its deal with Accenture, Google will train up to 1,000 of the consultancy firm’s FDEs to work with enterprises and build custom AI applications on the Gemini Enterprise platform. The organization will live under Accenture, according to a Google spokesperson.

According to August data from Ramp, Google accounts for roughly 6% of enterprise AI spending among Ramp’s U.S. customers, compared to Anthropic’s 43.5% and OpenAI’s 39.7%. (A Google spokesperson pointed out that many of Ramp’s customers exclude the types of major enterprises that are signing large, strategic AI deals with Google Cloud, which go beyond just model API usage — like Oracle, Meta, Anthropic, and ServiceNow.) Google’s new unit with Accenture, which The Wall Street Journal first reported, is the latest of its aggressive expansions of its FDE model this year as it attempts to resolve enterprise deployment bottlenecks and catch up to rivals. 

Earlier this year, Google Cloud launched a $750 million partner ecosystem commitment that embedded Google’s own FDEs across multiple consultancies, including Capgemini, Cognizant, and Deloitte. The tech giant also struck a multi-year partnership with CVC Capital Partners to deploy FDEs directly into the investment firm’s portfolio companies.

Google isn’t the only giant at risk of being outpaced by newer firms. Companies that are dedicated specifically to embedding engineers into businesses to build bespoke AI workflows — like Ode with Anthropic, or OpenAI’s The Deployment Co. — threaten big consultancy firms like Accenture as well. For the professional services giant, the Google tie-up adds to its own wave of FDE programs this year, which include a similar Microsoft FDE practice in March, an FDE initiative with ServiceNow in May, and a joint program with SAP in June.

This article has been updated with comments from Google.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Rebecca Bellan is a senior reporter at TechCrunch where she covers the business, policy, and emerging trends shaping artificial intelligence. Her work has also appeared in Forbes, Bloomberg, The Atlantic, The Daily Beast, and other publications.

You can contact or verify outreach from Rebecca by emailing [email protected] or via encrypted message at rebeccabellan.491 on Signal.

Expanded strategic partnership combines ADP's 77 years of HR, payroll, and compliance expertise with AWS cloud and AI capabilities to help ADP clients navigate the growing complexity of workforce management in the AI era.

, /PRNewswire/ -- Amazon Web Services (AWS), an Amazon.com company, and ADP, a global leader in HR and payroll solutions, today announced an expanded, strategic partnership. The partnership affirms AWS as ADP's strategic cloud provider, enabling its continued AI transformation and ongoing innovation of generative and agentic AI solutions for its more than 1.1 million clients across 140 countries and territories.

"ADP is setting the standard for how AI can transform human capital management at global scale," said Scott Liska, vice president at AWS. "By combining ADP's deep expertise in payroll and HR with AWS's comprehensive AI and cloud capabilities, this partnership gives companies a smarter and more efficient way to manage their people and orchestrate work across the employee lifecycle." 

"AI is transforming how work gets done, but it also increases the complexity of managing a global workforce. Organizations need trusted partners that can combine advanced AI with deep domain expertise," said Sreeni Kutam, president of global product and innovation at ADP. "Through our partnership with AWS, we're delivering faster, more intelligent innovation that helps our clients make high-stakes workforce decisions with greater confidence. By combining AI innovation with human expertise, we are creating meaningful outcomes for employees, managers, HR professionals, and payroll practitioners." 

The expanded partnership helps organizations navigate increasing HCM complexity with confidence. The partnership builds on years of collaboration between the two companies, including ADP's recent work with the AWS Generative AI Innovation Center, a global team of strategists and scientists that helps companies design, build, and launch generative and agentic AI solutions.

Key focus areas for collaboration across the two companies include:

A cloud foundation for scalable AI innovation: ADP is executing a strategic platform transformation initiative on AWS. For example, by implementing agentic services like AWS Transform and AWS Kiro, ADP used AI to accelerate the manual effort of bringing thousands of key applications to the cloud, such as tax and payroll systems. With its workflows on AWS, ADP can now more rapidly deploy new AI capabilities and scale services to meet client demand, all while maintaining enterprise-grade security and compliance standards across geographies.  ADP Assist agents: Built on AWS with Amazon Bedrock, ADP Assist is an intelligent assistant that helps HR professionals automate tedious processes, identify and correct payroll anomalies, find answers to complex questions, and generate instant reports. ADP Assist agents, built with Amazon Bedrock AgentCore, serve as purpose-built agents for employees, managers, and HR and payroll practitioners that think, plan, and take action under human oversight. ADP Lyric HCM: AWS cloud and AI technology powers ADP's award-winning Lyric HCM platform. With ADP Assist integrated, Lyric unifies global HR, payroll, talent, and workforce management, providing enterprise organizations with customizable workflows, real-time analytics for decision making, and personalized employee experiences. Through collaboration with AWS, ADP implemented a generative AI-driven client onboarding process that reduced certain critical steps by greater than 50%. Global Data Platform: ADP leverages AWS to optimize the industry's largest workforce dataset into an intelligence foundation that powers AI HCM capabilities, including ADP Assist and its AI agents that work across ADP's solutions. This global data platform on AWS represents an unmatched industry dataset informed by 77 years of data and expertise spanning 42 million wage earners worldwide, providing the architecture for more personalized experiences for clients at scale, with security, privacy, and compliance embedded from the ground up. About AWS
Amazon Web Services (AWS) is guided by customer obsession, pace of innovation, commitment to operational excellence, and long-term thinking. By democratizing technology for nearly two decades and making cloud computing and generative AI accessible to organizations of every size and industry, AWS has built one of the fastest-growing enterprise technology businesses in history. Millions of customers trust AWS to accelerate innovation, transform their businesses, and shape the future. With the most comprehensive AI capabilities and global infrastructure footprint, AWS empowers builders to turn big ideas into reality. Learn more at aws.amazon.com and follow @AWSNewsroom.

About ADP (NASDAQ: ADP)
ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP continuously works to solve business challenges for our clients and their workers, from simple, easy-to-use tools for small businesses to fully integrated platforms for global enterprises — and everything in between. Always Designing for People means we're focused on just that – people. We use our unmatched AI-driven insights and proven expertise to design innovative solutions that help people achieve greater success at work. More than 1.1 million clients across 140+ countries rely on ADP's exceptional service to support their people and drive their business forward. HR, Talent, Time Management, Benefits, Compliance, and Payroll. Learn more at ADP.com. 

SOURCE ADP, Inc.

Michael Saylor just broke a ten-week silence with a massive Bitcoin buy, but the timing raises an uncomfortable question about whether Strategy's comeback signals conviction or a costly mistake.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Strategy (NASDAQ:MSTR | MSTR Price Prediction), the software company that executive chairman Michael Saylor turned into the world’s largest corporate Bitcoin (CRYPTO:BTC) holder, disclosed on August 31, 2026, that it bought 4,603 bitcoin at $80,318 per coin in the week of August 24 to 30, lifting its total position to 845,050 BTC.

It was Strategy’s first Bitcoin purchase in about 10 weeks, after the company sold roughly 7,000 BTC between June 30 and August 10 for between $59,000 and $64,000 per coin.

Bitcoin trades around $78,000 today, below the $80,318 price Strategy paid on August 31. That puts the latest purchase underwater on paper, with the coins currently worth less than the company paid for them. So did Saylor buy near the top, or is he simply sticking to the strategy he has followed all along?

Inside Strategy’s Latest Bitcoin Purchase

Strategy has been buying and holding Bitcoin since August 2020, making it the largest corporate Bitcoin holder. Strategy funds its purchases through common stock sales, convertible debt and perpetual preferred securities marketed as “Digital Credit,” including STRC, STRK, STRF, STRD and STRE.

The August 31 filing shows that Strategy spent $369.7 million on its latest purchase, buying 4,603 BTC at an average price of $80,318 per coin. It funded the purchase with $602.8 million from common stock sales and used $151.8 million to repurchase STRC.

After the purchase, Strategy held 845,050 BTC at an average cost of $75,412 per coin, bringing its total Bitcoin outlay to $63.73 billion. That average is simply the total amount spent divided by the total Bitcoin owned, so buying above $75,412 pushes the average higher. Since the latest coins cost $80,318 each, this purchase was about $5,000 above Strategy’s average and increased its overall cost basis.

Strategy Sold Bitcoin Four Times Before Buying It Back

Strategy paused its Bitcoin purchases in June 2026 as falling prices put pressure on its financing model and weighed on its common and preferred shares. In late June, the company announced a plan to keep cash available for dividend and interest payments, while retaining the option to sell Bitcoin if necessary.

The company then reduced its Bitcoin holdings four times between June 30 and August 10. It sold 1,363 BTC at $59,256 on June 30, another 2,225 BTC at $60,773 on July 6, 1,638 BTC at $63,957 on August 3, and 1,690 BTC at $64,262 on August 10. Together, those sales amounted to 6,916 BTC, with the sale prices ranging from about $59,000 to $64,000 per coin.

CEO Phong Le said the sales were intended to cover preferred dividends and reduce debt rather than signal a change in Strategy’s long-term view of Bitcoin. The timing, however, means the company sold thousands of Bitcoin below the $80,318 price it paid for its latest purchase on August 31.

Saylor posted “We’re ₿ack” on August 30, one day before the latest purchase was disclosed. Strategy now reports 0.0% net leverage, $6.71 billion in dollar assets and $1.61 billion in cash, showing how much liquidity the company rebuilt during the pause.

Who Else Is Buying Bitcoin?

The market is also attracting buyers beyond Strategy, with spot Bitcoin ETFs—exchange-traded funds that hold actual bitcoin and allow investors to gain exposure through a regular brokerage account—recording $3.52 billion in inflows in August 2026. BlackRock, Fidelity, and several other major financial firms now operate these funds, giving investors a more familiar way to gain exposure to bitcoin without having to buy and hold the asset themselves.

CEO Phong Le made the same point from the traditional-finance side on the first-quarter 2026 earnings call, saying, “We also continue to see traditional finance and major banks including Morgan Stanley, Goldman Sachs, and Citi announcing bitcoin ETFs, trading, custody, and lending services.”

However, ETF numbers themselves show that institutional buying has not moved in a straight line. Spot Bitcoin ETFs recorded $2.43 billion in outflows in May and another $4.51 billion in June, before flows turned positive again in July with $172.43 million in inflows. The stronger $3.52 billion recorded in August suggests that demand had begun picking up again, opening the market again to institutional players, pension funds, insurers, and wealth-management channels that had far fewer ways to access bitcoin three years ago.

Is Saylor Back? Saylor appears to be back in the market, but it is too early to say that Strategy has fully returned to its old buying pattern. The August 31 purchase shows that the ten-week pause did not represent a permanent shift away from Bitcoin, while the company’s rebuilt cash position gives it more room to keep buying if prices remain under pressure. 

At the same time, Strategy sold nearly 7,000 BTC at prices between $59,000 and $64,000 before buying 4,603 BTC at $80,318, making the latest purchase look more like a renewed commitment than a particularly well-timed trade.

If Strategy continues buying at prices below $85,000 and keeps using its capital-markets machine to fund those purchases, Saylor’s “we’re back” message will carry more weight. If this turns out to be a one-off purchase after a long pause, the ten-week break may have been the stronger signal.

Contact [email protected] for any questions or corrections.

Key Takeaways CP moved a record 2.54 MMT of Canadian grain and grain products in August 2026.Canadian Pacific's U.S. and Canada network moved a record 4.86 MMT and 50,396 carloads in August.Canadian Pacific moved 30.66 MMT of Canadian grain in 2025-2026, topping the prior annual record. Canadian Pacific Kansas City (CP - Free Report) is benefiting from strong grain export demand and continued operational efficiency, as evidenced by its record-setting grain volumes in August 2026. The company transported 2.54 million metric tonnes (MMT) of Canadian grain and grain products and 26,051 carloads during August 2026, surpassing the earlier tonnage and carload records set in August 2020.

The August achievement covers the first four weeks of the 2026-2027 crop year, which started on Aug. 1, 2026, and it reflects a solid start to the new crop year.

Across Canadian Pacific's U.S. and Canadian network, a combined monthly tonnage record of 4.86 MMT and 50,396 carloads was achieved in August.

This achievement highlights the railroad's ability to support elevated agricultural shipments while maintaining network fluidity. The record performance builds on a strong trend throughout the 2025-2026 crop year. Canadian Pacific ended the 2025-2026 crop year by moving 30.66 MMT of Canadian grain and grain products during the 12-month period. This annual volume surpassed the earlier record set in the 2020–2021 crop year. Monthly records earlier this year have been set in January, February, April, May and June.

The sustained growth underscores favorable grain production and resilient export demand across global markets. It also demonstrates the effectiveness of CP’s rail network and reinforces its role as a key transportation partner for Canada's agricultural sector. Strong grain volumes also provide a supportive backdrop for revenue generation and asset utilization.

August 2026 Grain Performance of Another Railroad CompanyApart from Canadian Pacific,Canadian National Railway (CNI - Free Report) set a new record for grain movement in August 2026. The company moved 2.50 MMT of grain during the month, exceeding the previous August record of 2.34 MMT set in 2020. Strong demand and efficient network operations are likely to remain supportive as the company enters the new crop year.

The record grain movement reflects a robust start to the 2026–2027 crop year as the harvest season advances across Western Canada and new grain starts moving through the supply chain. The strong performance also indicates effective coordination with customers and other supply-chain partners, along with consistent execution of CNI’s operating plan. The company’s ability to unlock incremental capacity supported higher volumes while strengthening service reliability across the grain supply chain.

CP’s Zacks Rank and Stocks to ConsiderCurrently, CP carries a Zacks Rank #3 (Hold).

Investors interested in the Zacks Transportation sector may consider Expeditors International of Washington, Inc. (EXPD - Free Report) and Seanergy Maritime Holdings (SHIP - Free Report) . 

Expeditors currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

EXPD has an expected earnings growth rate of 28.6% for 2026.  The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 17.15%.

Seanergy Maritime Holdings currently sports a Zacks Rank #1.

SHIP has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 38%.

For years, the humanoid robotics race has been about proving the technology works. This week, the conversation shifted to something arguably more important: whether companies can manufacture these machines at scale.

Announcements from Tesla Inc (NASDAQ:TSLA) and XPeng Inc. (NYSE:XPEV) suggest the industry’s next battleground is no longer intelligence—it’s production.

Tesla Optimus ProductionTesla has reportedly taken a significant step toward scaling its Optimus humanoid robot. According to a report by Chinese outlet Jiemian News, citing supply-chain sources, the company has placed its first large-scale component order covering roughly 5,000 Optimus robots, marking the program’s first procurement in the thousands. Tesla has not publicly confirmed the report.

The reported order comes as suppliers prepare for production audits and higher manufacturing volumes, signaling that the focus is moving beyond prototype development and toward repeatable factory output. It also aligns with Tesla’s earlier guidance that first-generation Optimus production lines are being installed in Fremont ahead of volume production.

While Tesla has previously showcased Optimus performing factory tasks, large-scale manufacturing has remained the bigger challenge. If the supply-chain reports prove accurate, the company’s priorities are beginning to shift from engineering demonstrations to execution.

Read Next

XPENG Robot FactoryXPENG made an equally notable announcement from China.

CEO He Xiaopeng said the company has launched what it describes as the world’s first automated production line for advanced general-purpose humanoid robots, with robots assembling other robots autonomously. Calling the milestone “uncharted territory,” He said the production line means humanoid robots are now ready to “scale up and step into the real world.”

The announcement builds on XPENG’s previously disclosed ambition to begin large-scale production of its IRON humanoid robot by the end of 2026 and eventually expand commercial deployments beyond factories.

Unlike earlier product unveilings that emphasized robot capabilities, XPENG’s latest update puts manufacturing at the center of its strategy—suggesting production capacity is becoming as important as artificial intelligence itself.

What Investors Should WatchTesla’s reported production order and XPENG’s automated robot factory point to the same emerging trend: the humanoid robotics industry is entering its manufacturing phase.

That does not mean mass adoption is imminent. Companies still need to prove these robots can perform useful work reliably and economically. But if the race is indeed shifting from prototypes to production, investors may need to look beyond the robot makers themselves.

Component suppliers, precision manufacturers and industrial automation companies could become just as important as the firms building the humanoids, especially if large-scale production becomes the industry’s next competitive advantage.

Read Next

Image created using artificial intelligence via ChatGPT

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

On Tuesday, Novartis AG (NYSE:NVS) stock witnessed one of the sharpest single-day declines for the company in recent history.

Phase 3 HARBOR Trial Misses Primary EndpointOn Tuesday, the company shared data from the global Phase 3 HARBOR study evaluating del-desiran for myotonic dystrophy type 1 (DM1).

The study did not demonstrate statistically significant improvement versus placebo on the primary endpoint of video hand opening time (vHOT), a novel measure of hand myotonia.

Myotonia is a neuromuscular condition where muscles are unable to relax right away after a voluntary contraction or strong effort.

Read Next

Safety findings from HARBOR were generally consistent with previously reported data.

Novartis is evaluating the full HARBOR dataset and will engage with health authorities to determine the most appropriate development path for del-desiran.

Del-desiran is one of three antibody-oligonucleotide conjugate (AOC) therapies added to the Novartis neuromuscular pipeline through the acquisition of Avidity Biosciences for a whopping $12 billion.

Status of $12 Billion Avidity Pipeline AcquisitionNovartis is advancing delpacibart zotadirsen (del-zota) in patients with Duchenne muscular dystrophy with mutations amenable to exon 44 skipping (DMD44).

The company filed del-zota for accelerated approval and received FDA priority review designation.

Novartis is planning to meet with the FDA on next steps for delpacibart braxlosiran (del-brax) in facioscapulohumeral muscular dystrophy (FSHD) based on recent positive Phase 1/2 biomarker data.

Pelacarsen Cardiovascular Trial FailsOn Friday, Novartis also shared another trial disappointment after it released data from the pelacarsen phase 3 Lp(a)HORIZON trial, a cardiovascular outcomes study.

The study did not meet its primary endpoint of reducing the risk of cardiovascular events, a composite of cardiovascular death, non-fatal myocardial infarction, non-fatal stroke, and urgent coronary revascularization requiring hospitalization, compared to placebo.

Lower lipoprotein (a) (Lp(a)) levels were achieved with pelacarsen in this study population, which was receiving guideline-directed treatments, including lipid-lowering and antihypertensive therapies.

Elevated Lp(a) is an inherited cardiovascular risk factor affecting approximately one in five people worldwide with no approved targeted treatment.

Ripple Effect Hits PartnersAfter the update, Ionis Pharmaceuticals Inc. (NASDAQ:IONS) stock also tanked as Novartis obtained global rights to develop, manufacture, and commercialize pelacarsen under a 2019 license and collaboration agreement.

In 2023, Royalty Pharma plc (NASDAQ:RPRX) acquired an interest in Ionis’ royalty in Biogen’s SPINRAZA (nusinersen) and Novartis’ pelacarsen for up to $1.125 billion, including an upfront payment of $500 million and up to $625 million in additional pelacarsen milestone payments.

After the disappointing trial data, Royalty Pharma stock is also trading lower on Tuesday.

NVS/IONS/RPRX Stock Price Activity: Novartis shares were down 12.57% at $139.88, Ionis Pharmaceuticals shares were down 9.80% at $52.40, and Royalty Pharma shares were down 6.29% at $59.94 during premarket trading Tuesday, according to Benzinga Pro data.

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McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) saw some unusual options trading activity on Tuesday. Stock investors bought 3,902 call options on the stock. This represents an increase of 94% compared to the typical daily volume of 2,016 call options.

Wall Street Analysts Forecast Growth A number of analysts have weighed in on the company. TD Cowen reduced their target price on McCormick & Company, Incorporated from $64.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, June 26th. JPMorgan Chase & Co. dropped their price objective on shares of McCormick & Company, Incorporated from $64.00 to $63.00 and set an “overweight” rating on the stock in a report on Friday, June 12th. Jefferies Financial Group dropped their price target on shares of McCormick & Company, Incorporated from $64.00 to $62.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. UBS Group upped their price objective on shares of McCormick & Company, Incorporated from $51.00 to $52.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Finally, Barclays lowered their target price on shares of McCormick & Company, Incorporated from $57.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Friday, June 26th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $60.50.

Read Our Latest Research Report on McCormick & Company, Incorporated

Insider Activity In other McCormick & Company, Incorporated news, major shareholder Lawrence Kurzius sold 205,538 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $52.69, for a total transaction of $10,829,797.22. Following the completion of the transaction, the insider owned 296,992 shares in the company, valued at $15,648,508.48. The trade was a 40.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 10.60% of the stock is owned by company insiders. Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System grew its holdings in shares of McCormick & Company, Incorporated by 4,040.2% during the second quarter. California State Teachers Retirement System now owns 22,290,279 shares of the company’s stock valued at $1,123,876,000 after purchasing an additional 21,751,887 shares during the last quarter. Aristotle Capital Management LLC grew its stake in McCormick & Company, Incorporated by 231.9% in the 1st quarter. Aristotle Capital Management LLC now owns 12,664,378 shares of the company’s stock valued at $638,795,000 after buying an additional 8,848,235 shares during the last quarter. XXEC Inc. bought a new position in McCormick & Company, Incorporated in the 2nd quarter worth approximately $154,566,000. Invesco Ltd. raised its stake in shares of McCormick & Company, Incorporated by 66.7% in the third quarter. Invesco Ltd. now owns 6,232,337 shares of the company’s stock valued at $417,006,000 after purchasing an additional 2,494,544 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of McCormick & Company, Incorporated by 67.2% during the 3rd quarter. Wellington Management Group LLP now owns 2,797,533 shares of the company’s stock valued at $187,183,000 after acquiring an additional 1,124,003 shares in the last quarter. Institutional investors and hedge funds own 79.74% of the company’s stock.

McCormick & Company, Incorporated Stock Down 0.3% McCormick & Company, Incorporated stock opened at $51.94 on Wednesday. The stock’s fifty day moving average is $52.95 and its two-hundred day moving average is $52.82. The stock has a market cap of $13.96 billion, a PE ratio of 8.64, a P/E/G ratio of 2.05 and a beta of 0.64. McCormick & Company, Incorporated has a 1-year low of $44.82 and a 1-year high of $72.41. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.78 and a quick ratio of 0.39.

McCormick & Company, Incorporated (NYSE:MKC – Get Free Report) last issued its quarterly earnings data on Thursday, June 25th. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.91 billion. McCormick & Company, Incorporated had a return on equity of 12.78% and a net margin of 21.91%.The firm’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.69 earnings per share. McCormick & Company, Incorporated has set its FY 2026 guidance at 3.050-3.130 EPS. On average, sell-side analysts expect that McCormick & Company, Incorporated will post 3.08 EPS for the current fiscal year.

McCormick & Company, Incorporated Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Monday, July 6th were given a $0.48 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.92 annualized dividend and a dividend yield of 3.7%. McCormick & Company, Incorporated’s payout ratio is currently 31.95%.

(Get Free Report)

McCormick & Company, Incorporated (NYSE: MKC) is a global leader in spices, seasonings and flavor solutions. Headquartered in Hunt Valley, Maryland, the company traces its origins to the late 19th century and has grown into a major manufacturer and marketer of branded and private‑label flavor products for consumer, industrial and foodservice markets.

McCormick’s product portfolio includes pure spices and herbs, blended seasonings, marinades, rubs, sauces, extracts and specialty flavorings, along with ingredient systems and custom flavor development for manufacturers and foodservice operators.

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Lucid stock has cratered while rivals like Tesla and Rivian held their ground, and the company's latest financials reveal a tension between surging revenue and an alarming cash burn that puts every investor's next move under pressure.

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Lucid Group (NASDAQ:LCID | LCID Price Prediction) stock has fallen 33% over the past month to $4.70, leaving investors to decide whether the sharp decline represents a warning sign or a potential opportunity. Lucid stock has severely lagged several major electric-vehicle names, with the latest drop coming as the company works through an operational reset while trying to conserve cash and build demand.

Lucid’s second-quarter results provide arguments for both sides. The automaker generated $405 million of quarterly revenue, up 56% year over year, while deliveries rose 19% to 3,953 vehicles, but Lucid also reported a major cash-burn problem and acknowledged the need to reduce production and inventory.

Lucid Stock Has Fallen Far Behind Its Peers Lucid stock’s 33% one-month decline looks particularly painful next to the performance of other electric-vehicle stocks. Rivian Automotive (NASDAQ:RIVN) stock is up 0.87% over the same period to $16.14, while Tesla (NASDAQ:TSLA) stock is up 11% to $366.11.

Tesla has also been dealing with uneven electric vehicle (EV) demand, including a slowdown in the growth of China-made vehicle sales during August, but Tesla’s scale and broader business give Tesla stock a very different risk profile from Lucid stock. Rivian likewise has a larger production base, leaving Lucid with a much smaller margin for execution mistakes as Lucid tries to reach the next stage of its growth plan.

The EV ETF Has Held Up Better The broader EV and autonomous-driving theme hasn’t suffered nearly as much as Lucid stock. The Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV) is down 2% over the past month to $34.89, meaning Lucid stock has underperformed the thematic ETF by a wide margin.

The DRIV ETF offers exposure across electric vehicles, autonomous-driving technology, components and related materials, which gives investors a much broader basket than a concentrated bet on Lucid. Tesla is among DRIV’s holdings, while the fund also includes companies such as NVIDIA (NASDAQ:NVDA) and Alphabet (NASDAQ:GOOGL), underscoring how much broader the autonomous-vehicle investment theme has become.

Lucid Has a Real Bull Case Lucid has several developments that could eventually support a recovery in Lucid stock. Lucid’s Gravity program is progressing, the company is working with Uber and Nuro on robotaxi testing, and Lucid has identified $1.4 billion of potential 2026 cash-flow improvements while targeting a midsize vehicle program for future growth.

However, Lucid’s financial position remains the biggest concern. Lucid ended the second quarter with $3 billion of total liquidity, but Lucid’s free cash flow was negative $1.476 billion, and management intentionally reduced production to lower inventory and preserve cash.

Selling Could Still Be The Safer Choice Lucid stock could rebound if the company’s cost-cutting efforts work, Gravity gains traction and the midsize vehicle program expands the addressable market. Investors may want to watch for whether Lucid can reduce cash burn while improving deliveries, because stronger revenue alone may not be enough to change the investment case.

However, the 33% monthly decline reflects serious concerns that may not disappear quickly. Investors who choose to hold Lucid stock should consider keeping their position sizes moderate, while investors without an existing position may prefer waiting for clearer evidence that Lucid’s operational reset is translating into stronger financial results.

Contact [email protected] for any questions or corrections.

Corning locked in monster deals with Amazon, Nvidia, and Verizon while its AI fiber business exploded, yet the stock still suffered one of the worst monthly crashes in its modern history. Something does not add up, and the explanation reshapes…

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Corning (NYSE:GLW | GLW Price Prediction) shares fell 45.88% between June 30 and July 31, 2026, sliding from $254.95 to $137.99 on an adjusted basis. That is one of the worst monthly stretches in the company’s modern history, and it happened in the exact window when Corning was disclosing multibillion-dollar fiber commitments from the largest names in AI infrastructure. The company has executed no splits, spinoffs, or special dividends to distort the figure. Its only recorded split, a 3-for-1 forward split, occurred on October 4, 2000. The July drawdown is real.

What It Means The selloff collided with an order book that was accelerating, not slowing. On the July 28 earnings call, Corning reported that Optical Communications sales rose 32% year over year to $2.07 billion, with Enterprise sales up 65% to $1.27 billion and Gen AI product sales nearly doubling. Optical segment net income climbed 77% to $438 million. Core EPS came in at $0.78 versus the $0.75 consensus, the fifth consecutive EPS beat. Free cash flow reached $1.423 billion, up 255.75% year over year. Revenue of $4.505 billion missed expectations by 2.69%, and that single miss appears to have anchored the July repricing even as management upgraded its long-term plan.

Market Reaction Shares opened the recovery arc slowly. Corning traded at $142.20 on the day of the Q2 filing (July 28, 2026), down from $169.11 on the Q1 filing day (April 28, 2026). The stock closed at $137.99 on July 31, 2026. Since then the tape has turned. Corning is up 13.01% over the past week and 7.44% over the past month, closing at $168.04 as of the September 8 quote. Year to date, shares are up 92.93%. Over one year, up 143.13%. The July drop, in other words, compressed a runaway rally while the underlying business kept expanding.

Bull Case The customer roster is the story. In Q2, Corning cited a multiyear, multibillion-dollar Amazon agreement for optical fiber, cable, and connectivity for U.S. data centers, plus a long-term NVIDIA partnership to expand U.S. optical connectivity manufacturing capacity by 10x and U.S. fiber production capacity by more than 50%. On September 8, Verizon (NYSE:VZ) joined the list: the two companies announced a multiyear, multibillion-dollar agreement for 80 million plus miles of high density optical fiber solutions, designed to expand broadband and build the network connecting AI data centers for major hyperscalers. That is three giant, multiyear commitments layered on top of an existing up-to-$6 billion Meta agreement and Apple’s $2.5 billion commitment for 100% of iPhone and Apple Watch cover glass at the Kentucky facility.

Management has priced this into a hard target. CEO Wendell Weeks said Corning expects to reach an annualized sales run rate of $20 billion by end of 2026, $30 billion by end of 2028, and $40 billion by end of 2030, with a 19% sales CAGR from Q4 2026 to Q4 2030 and operating margins at or above 20%. Q2 core operating margin was already 20.9%, up 190 basis points, and core ROIC hit 14.9%, up 180 basis points. Weeks told investors “We’re entering a new phase of accelerating growth”. The July drawdown compressed the multiple on a business whose contracted demand keeps expanding. Corning is one of several picks-and-shovels suppliers to the AI buildout that never make the chipmaker headlines (we profiled seven of them, from fiber to power to cooling, in a free report here: 7 Stocks Powering the AI Boom (That Aren’t Chipmakers)). For retirement-focused holders, the setup is straightforward: the customer commitments are longer-dated than the quarter that spooked the tape.

Bottom Line The forward catalyst is already on the board. Corning guided Q3 core sales to $4.90 billion to $5.00 billion, roughly 16% year-over-year growth, and core EPS to $0.85 to $0.89, roughly 28% year-over-year growth. Solar is building toward a $3 billion revenue stream. The 45.88% July slide priced in a revenue miss and near-term execution risk. The Verizon deal, arriving on top of Amazon and NVIDIA, is the market’s chance to reassess whether the AI fiber order book was the real signal all along.

Contact [email protected] for any questions or corrections.

BEVERLY HILLS, CA / ACCESS Newswire / September 8, 2026 / Kartoon Studios, Inc. (NYSE American:TOON) ("Kartoon Studios" or the "Company"), a global entertainment company creating, producing, distributing and licensing children's and family content, today announced that the Company filed its proxy statement with the U.S. Securities and Exchange Commission on Friday, September 4, 2026, which included a letter to shareholders from Andy Heyward, Chairman and Chief Executive Officer.

The letter can also be accessed on the Company's website by visiting https://ir.kartoonstudios.com/annual-reports.

DEAR FELLOW SHAREHOLDERS,

For many years, I created the animated movie that opened the annual Berkshire Hathaway shareholders meeting, and have had the privilege of producing an animated series for children with Warren Buffett called Secret Millionaires Club. Warren often reminded young viewers that success is rarely built overnight. It comes from patience, discipline, sound judgment, and the willingness to plant seeds whose shade you may not enjoy for many years.

That lesson has stayed with me throughout my career, and it is especially relevant to Kartoon Studios today.

For much of my professional life, I have been fortunate to work alongside some of the most accomplished visionaries in entertainment.

I learned storytelling from Joe Barbera at Hanna-Barbera, where I had the privilege of sitting at the feet of a master, who created such greats as YOGI BEAR, SCOOBY DOO, and THE FLINTSTONES. Joe taught me how to tell a story, how to develop characters, and how to understand the simple truth that great entertainment begins with great storytelling.

I worked closely with Ted Turner in creating and producing Captain Planet, a franchise born from his passion for environmental stewardship and his belief that children's entertainment could help improve the world. Though we lost Ted this past year, his vision and friendship remain among the treasures of my career.

I was equally fortunate to spend many years alongside the legendary Stan Lee, whose imagination gave the world Spider-Man, Iron Man, the Avengers, Black Panther, Fantastic Four, and countless other iconic creations. Today, through our stewardship of the Stan Lee Universe, we are entrusted with preserving and extending one of the most significant creative legacies in entertainment history. It is a responsibility we take seriously and a privilege we treasure.

Over the course of my career, I have created, produced, written, or supervised more than 6,000 animated episodes. The lessons I learned from these remarkable individuals remain at the core of everything we do at Kartoon Studios today.

Most importantly, they taught me something that is perhaps more relevant today than ever before:

Great intellectual property is rare.

A successful television series is valuable.

A hit movie is valuable.

But a franchise that can endure across generations, across product categories, across platforms, and across global markets is something entirely different.

Those assets are exceedingly rare.

That has been our mission at Kartoon Studios: to build enduring intellectual property capable of creating value for decades.

FROM INVESTMENT TO OPPORTUNITY

Over the last several years, we have been building.

We invested in intellectual property.
We invested in production capabilities.
We invested in distribution.
We invested in licensing, consumer products, technology, infrastructure, and talent.

Those investments were not made to generate short-term excitement. They were made to create long-term shareholder value.

While that journey required patience, it has transformed Kartoon Studios into a fundamentally stronger company.

Today, we enter our next chapter from a position of considerable financial strength. We have built a balance sheet with more than $40 million in cash and no long-term debt.

In an industry where many companies are burdened by long-term debt and leverage, or restricted by capital limitations, we enjoy something increasingly uncommon: flexibility.

Flexibility to invest.
Flexibility to pursue strategic opportunities.
Flexibility to think long term.

Many companies possess capital but lack meaningful brands. Others possess great brands but lack the resources to fully exploit them. We believe Kartoon Studios is becoming distinguished by having both.

A strong balance sheet.
Valuable intellectual property.
Growing distribution.
Expanded licensing opportunities.

And a pipeline of new franchises we believe can create meaningful value for years to come.

BUILDING A TEAM FOR THE NEXT CHAPTER

While intellectual property is the foundation of our business, history teaches us that great brands alone do not create great companies.

Great execution does.

During the past year, we were extremely fortunate to welcome Jeffrey Schlesinger to our Board of Directors.

Jeff joins us following an extraordinary twenty-five-year career at Warner Bros., where he served as President of Worldwide Television.

During his tenure, Jeff oversaw a business unit generating several billions of dollars annually while monetizing some of the most successful entertainment franchises in television history, including Friends, The Big Bang Theory, ER, and many others. Equally important to us, he oversaw the global exploitation of one of the most valuable animation libraries ever assembled, including Looney Tunes, Scooby-Doo, The Flintstones, The Smurfs, and many other iconic brands.

Few executives in the entertainment industry possess Jeff's depth of experience in transforming intellectual property into enduring, multi-generational businesses. His expertise in licensing, distribution, consumer products, and franchise monetization has already proven invaluable as he chairs the Audit Committee, as we position Kartoon Studios for its next phase of growth.

Jeff's leadership is complemented by the outstanding work of our Chief Financial Officer, Brian Parisi, whom we recruited following his successful tenure with the NFL Football Hall of Fame. Brian has brought extraordinary financial discipline, operational rigor, and strategic insight to Kartoon Studios. His accomplishments were recognized when he was named last year, as Public Company CFO of the Year by the Los Angeles Business Journal.

Together, Jeff, Brian, and our broader leadership team have helped build something that may not always be visible on the screen but is every bit as important: a disciplined operating company designed to create long-term shareholder value.

Simply put, we believe we now possess not only exceptional assets, but also the leadership necessary to unlock their full value.

A FUNDAMENTAL SHIFT IN OUR BUSINESS MODEL

Throughout my career, I have been fortunate to create, produce, write, or oversee thousands of episodes of children's and family entertainment.

Along the way, I have had the privilege of working with some of the world's most respected media and consumer products companies, including Disney, Netflix, Sony, Mattel, and many others.

Many of the programs and franchises associated with those efforts ultimately generated billions of dollars in value for their owners.

Yet in most cases, we did not own those brands.

We created them.
We produced them.
We helped build them.

But the long-term economic benefits belonged largely to others.

That was the traditional business model of the animation industry for decades, and for Kartoon Studios. Create the content, Deliver the episodes, Collect the production fee, Move on to the next assignment.

There is nothing wrong with that model.

In fact, it helped me build a rewarding career doing what I love. But it is not the model that creates the greatest long-term value for shareholders.

The greatest economic rewards of successful intellectual property are generally realized long after production is completed through licensing, merchandising, consumer products, publishing, streaming, international distribution, gaming, live experiences, and the many revenue streams that great brands can generate for decades.

Historically, those economics flowed primarily to the owners of the intellectual property.

Today, we are pursuing a fundamentally different strategy:

At Kartoon Studios, we are increasingly focused on developing, acquiring, controlling, and monetizing intellectual property that we own.

That distinction may seem subtle.
Economically, it changes everything.

Rather than creating value primarily for third parties, we are now creating value for Kartoon Studios shareholders.

The experience we gained helping build successful franchises for some of the world's largest entertainment companies including Disney, Sony, MGM, Netflix, Mattel, Hasbro, and others, has given us a unique perspective on what causes brands to endure.

Today, we are applying those lessons to properties that we own and control. That strategic shift is one of the primary reasons we have invested so heavily in our intellectual property portfolio, our distribution platforms, our licensing capabilities, and our balance sheet.

Our objective is no longer simply to create successful content.

Our objective is to create enduring franchises that can compound value over many years and potentially across generations.

When I look at assets such as Hundred Acre Wood, Stan Lee's Superhero Pets, Stan Lee Universe, Captain Planet, Bitcoin Brigade, and the other properties within our portfolio today, I believe we are better positioned than at any point in our history to achieve that goal, and among the strongest providers of IP in the world.

THE OPPORTUNITY CALLED HUNDRED ACRE WOOD

Nothing better illustrates the opportunity before us than Hundred Acre Wood. When the copyrights to A.A. Milne's original works entered the public domain across much of the world, many saw only a legal milestone.

We saw a creative opportunity unlike any we had encountered in decades.

Rather than merely reproduce what had come before, we chose to reimagine Winnie-the-Pooh and his friends for a new generation. We developed an entirely original visual style, a fresh creative approach, and an imaginative interpretation of the Hundred Acre Wood itself.

At the same time, we secured the valuable Hundred Acre Wood trademark, creating a protected franchise platform for the future.

TO BRING THIS VISION TO LIFE, WE ASSEMBLED AN EXTRAORDINARY CREATIVE TEAM.

The result is not simply another animated series.

Hundred Acre Wood is a world built around kindness, imagination, friendship, emotional intelligence, and wonder.

In a world that often seems louder, faster, and more divided than ever before, Hundred Acre Wood is intended to be an oasis of goodness.

We believe children need that now more than ever.

THE STAN LEE UNIVERSE

We continue to see extraordinary opportunities within the Stan Lee Universe. Few individuals have ever influenced popular culture the way Stan Lee did. Spiderman, Ironman, Hulk, Guardians of the Galaxy Black Panther, and the Avengers to name a few, all came from this one man's extraordinary imagination.

Through our stewardship of his legacy, we have the privilege of preserving and extending a brand recognized by millions around the world, and with over 30 million followers across social media which we exclusively manage.

Projects currently in development, including Stan Lee's Superhero Pets and The Excelsiors, represent only the beginning of what we believe can become a significant franchise portfolio for years to come.

Premium Intellectual Property Has Never Been More Valuable

If there is one overarching theme in today's media landscape, it is this:

Premium intellectual property has never been more valuable.

The world's largest media companies, retailers, streamers, platforms, and consumer-products companies are all searching for recognizable brands, trusted characters, and content that can break through an increasingly crowded marketplace.

Our strategy remains straightforward:

Create valuable intellectual property.

Acquire valuable intellectual property.

Protect valuable intellectual property.

And monetize valuable intellectual property across multiple platforms and revenue streams.

That strategy has guided our decisions and remains the foundation for our future.

LOOKING AHEAD

This coming year will also mark the launch of a personal project I am particularly excited about: "Toon In... with Andy Heyward"

The podcast will feature many of the individuals who helped shape modern children's and family entertainment. Together we will share stories, lessons, insights, and behind-the-scenes experiences from an industry that has brought joy to generations of audiences around the world.

Like everything we do, it is designed to celebrate creativity, storytelling, and the enduring power of great characters, and bring greater awareness to Kartoon Studios.

CLOSING THOUGHTS

To our shareholders, thank you for your confidence, patience, and support.

Over the last several years, we have methodically built the foundation for what we believe will be a very different company than the one many first invested in.

We have assembled a world-class portfolio of intellectual property.

We have expanded our distribution footprint.

We have strengthened our licensing and consumer-products capabilities.

We have recruited exceptional leadership.

And we have built the strongest balance sheet in our history, with more than $40 million in cash and no long-term debt.

Today, we believe Kartoon Studios possesses a combination that is increasingly rare: financial strength, valuable intellectual property, growing distribution, experienced leadership, and a clear strategic vision.

For much of my career, I had the privilege of helping build billion-dollar brands for others.

Today, our mission is building brands for Kartoon Studios and its shareholders.
The foundation has been built.
The assets are in place.
The opportunities ahead are significant.
In my view, we have the strongest financial position in our history, the strongest portfolio of intellectual property in our history, and the greatest opportunity in our history.

We are not focused on where Kartoon Studios has been.
We are focused on where it is going.

And I believe the most exciting chapter of our story is still ahead of us.

Sincerely,

Andy Heyward
Chairman & Chief Executive Officer
Kartoon Studios

KEY MESSAGES FOR SHAREHOLDERS

Kartoon Studios has a strong balance sheet, with more than $40 million in cash and no long-term debt.

The major investment phase of our transformation is largely behind us, and we believe we are entering a period increasingly focused on monetization and growth.

We now possess one of the most unique collections of family-entertainment intellectual property in the industry, including Hundred Acre Wood, Stan Lee Universe, Stan Lee's Superhero Pets, Bitcoin Brigade, and other valuable assets.

A fundamental transformation has occurred in our business model. For decades, we helped create successful brands and franchises for others. Today, we are increasingly focused on owning, controlling, and monetizing the intellectual property we create, allowing Kartoon Studios shareholders to participate directly in the long-term value generated by those assets.

Hundred Acre Wood has the potential to become a significant global franchise built around one of the most beloved story universes ever created.

The Stan Lee Universe provides us with stewardship of one of the most important creative legacies in entertainment history and substantial future development opportunities.

Kartoon Channel! and Ameba continue expanding our direct relationship with children and families worldwide.

We have strengthened our leadership team with proven executives who have successfully monetized some of the world's most valuable entertainment franchises, including Jeffrey Schlesinger and CFO Brian Parisi.

We believe premium intellectual property has never been more valuable, and our strategy remains centered on creating, protecting, and monetizing exceptional brands.

Management's interests remain aligned with those of our shareholders and focused on long-term value creation.

We believe Kartoon Studios has the strongest balance sheet in its history, the strongest intellectual-property portfolio in its history, and the greatest opportunity in its history.

One Final Thought:

"Great companies are not built quarter by quarter. They are built year by year, asset by asset, relationship by relationship. We believe the foundation has been built, the assets are in place, and the opportunities ahead are substantial. The most exciting chapter of Kartoon Studios' story is still ahead of us."

About Kartoon Studios

Kartoon Studios (NYSE American:TOON) is a global, vertically integrated children's and family entertainment company turning owned and controlled intellectual property into enduring, multi-platform franchises. The Company develops, produces, distributes, licenses and monetizes content across the full value chain, creating multiple revenue opportunities and long-term brand value.

Kartoon Studios' growth portfolio includes Hundred Acre Wood and the Stan Lee Universe, alongside established brands and an extensive programming library. The Company operates Mainframe Studios and Toon Media Networks, as well as Beacon Media Group, a full-service marketing, communications, and media agency subsidiary of Kartoon Studios focused on children and family. Together, these assets provide production capabilities, direct audience access and distribution across linear television, AVOD, SVOD, FAST channels and streaming platforms in more than 60 territories. Kartoon Studios is focused on converting its intellectual property, infrastructure and global reach into scalable franchise growth and long-term shareholder value.

For more information, visit www.kartoonstudios.com.

Important Cautions Regarding Forward-Looking Statements

Certain statements in this press release that are not historical facts may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and are subject to risks and uncertainties. Forward-looking statements include statements concerning the Company accelerating strategic transformation, focus on intellectual property position ownership for next phase of growth, strategic transformation designed to focus the Company on the ownership, development and commercialization of high-value intellectual property assets, the Company's distribution partnership with Amazon; the Company expanding development initiatives surrounding the Stan Lee Universe; the distribution to the Company of any additional amounts from the escrowed litigation settlements; the Company's expectations regarding the distribution of its content, the timing and availability of streaming content, promotional support, consumer product sales, the sale of Federator sharpening the Company's strategic focus on owned and controlled IP assets; the Company implementing a strategic transformation designed to create a leaner, more focused and more profitable enterprise centered on owned and controlled intellectual property; the Company's concentrating investments on high profile animated franchises where it owns or controls the underlying rights and can participate across multiple revenue streams, including content distribution, licensing, consumer products, publishing, digital commerce and brand extensions; management's belief that their owned IP strategy offers substantially greater long-term value creation potential than the Company's historical reliance on production services and third-party-owned properties; building a fundamentally different Company; the Company's belief that it is uniquely positioned to create meaningful long-term shareholder value through the development of what it believes will be enduring global franchises; transforming from a company that historically generated much of its revenue by creating and producing content for others, into one increasingly focused on owning, building and monetizing valuable intellectual property franchises across streaming, consumer products, publishing, gaming, licensing and other platforms; Company's goal to own more of the intellectual property it creates, and to participate more fully in the economics generated across multiple platforms, and transform its creative assets into sustainable, high-margin revenue streams; the Company's belief that the actions taken this year positions the Company to pursue its objectives from a position of strength, two flagship brands, Hundred Acre Wood and Stan Lee Universe, coming into the marketplace in 2027, Hundred Acre Wood is expected to serve as the cornerstone of the Company's next-generation franchise strategy, management's belief that Stan Lee Superhero Pets has significant potential across animation, publishing, licensing, consumer products and interactive entertainment, the belief that the launch of Hundred Acre Wood, growth initiatives surrounding the Stan Lee Universe and expanded consumer product initiatives will establish the foundation for the Company's next phase of growth and are intended to improve profitability, expand ownership economics and create long-term shareholder value.. Words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "potential," "project," "should," "will" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on the Company's current plans, estimates, assumptions and expectations and are not guarantees that such plans, estimates or expectations will be achieved. Actual events, the timing of events ,results and performance may differ materially from those expressed or implied by these forward-looking statements due to various risks, uncertainties and other factors, including the Company's ability to execute its transition to an intellectual property-driven growth model; the Company's ability to advance its flagship franchise initiatives; the Company's ability to leverage prior investments in platform, content, and infrastructure, to support a more scalable operating foundation and the broader commercialization of the Company's intellectual property portfolio; the Company's ability to advance its flagship franchises as multi-platform initiatives extending across content, licensing, and consumer products; the Company's ability to bring properties to market and convert its franchises into scalable, higher-margin revenue opportunities to drive long-term value; the Company's ability to launch and expand Hundred Acre Wood and the Stan Lee Universe in the US and globally as planned; the Company's ability to capture value across the full lifecycle of its intellectual property by combining production capabilities, owned distribution platforms, marketing infrastructure, and licensing operations; the Company's ability to move quicker and with purpose faster than its competitors; the Company's ability to execute against its platform while continuing to expand higher-margin, IP-driven revenue streams; the Company's ability to improve operating performance and margin profile over time as its initiatives scale; the Company's ability to benefit from its investments in infrastructure and IP; the Company's ability to obtain additional financing on acceptable terms, if at all; fluctuations in the results of the Company's operations from period to period; general economic and financial conditions; the Company's ability to anticipate changes in popular culture, media and movies, fashion and technology; competitive pressure from other distributors of content and within the retail market; the Company's ability to market and advertise its products; the Company's reliance on third parties to promote its products; the Company's ability to keep pace with technological advances; the Company's ability to protect its intellectual property and those other risks described under the heading "Risk Factors" in Part I, Item 1A of the Company's most recent Annual Report on Form 10-K and in its other filings with the Securities and Exchange Commission, which are available at www.sec.gov. Additional risks and uncertainties that are not currently known to the Company or that the Company currently considers immaterial may also cause actual events, results or performance to differ materially from those expressed or implied by the forward-looking statements. All forward-looking statements speak only as of the date of this press release, and Kartoon Studios undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

INVESTOR RELATIONS CONTACT:

Lytham Partners, LLC
Robert Blum
602-889-9700
[email protected]

SOURCE: Kartoon Studios

These 3 GARP Stocks Show Why Growth and Value Do Not Have to ClashApplied Materials NASDAQ: AMAT sees continued strength in semiconductor equipment demand as artificial intelligence-related investment drives customer forecasts higher, Chief Financial Officer Brice Hill said at Citi’s 2026 Global TMT Conference.

Hill said the company’s rolling eight-quarter forecasts from its largest customers, particularly DRAM and leading-edge logic manufacturers, have increased throughout the year. He attributed the trend to demand for AI systems and pointed to rising capital-expenditure forecasts from cloud service providers, which he said exceed $700 billion for U.S. companies and approach $1 trillion globally.

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Applied Materials Beat Everything but Wall Street’s Expectations for Margins“Really all the indicators, all the arrows point up,” Hill said. “Our customers are investing, our customers’ customers are investing and highly profitable, and we’re investing.”

AI Systems Drive Demand Across Logic, Memory and Packaging Applied Materials is monitoring the design of AI systems, including GPU, accelerator, CPU and memory content, to assess future demand by device category. The company is also tracking more than 100 fab projects globally, with more than 10 added during each of the past two quarters, Hill said.

MarketBeat Week in Review – 06/22 - 06/26He said clean-room availability remains an important constraint on industry capacity growth over the medium term. Applied is evaluating the timing of new fabs and the capacity they will add, while using customer forecasts to plan for demand.

Hill identified advanced packaging as a major growth area alongside leading-edge logic and DRAM. Applied’s advanced-packaging business generated $1.4 billion in revenue last year, and the company expects it to grow by more than 70% this year. He said advanced packaging should continue growing in line with leading-edge logic and DRAM as AI systems require high-performance interconnects among processors, accelerators and high-bandwidth-memory stacks.

The company is also investing in panel-level packaging, which uses larger substrates to support more chips and higher-quality interconnects in computing systems. Hill said the industry remains in the development stage, with Applied generating revenue from panel-processing equipment but no volume production yet underway. The company recently acquired NEX, which provides fine-line interconnect capabilities for panel-level packaging.

ICAPS Recovery, NAND Remains Upgrade-Driven Hill said Applied expects moderate growth in its ICAPS business in 2026. ICAPS encompasses IoT, communications, automotive, power and sensor markets and had been weak for the previous several years as China added significant capacity.

Utilization rates are now improving, Hill said, and Applied expects a more normal growth year for ICAPS next year. He characterized normal growth in the underlying device markets as mid- to high-single digits, with equipment demand eventually tracking that growth as utilization normalizes.

NAND bit demand remains strong, in the “high 20% range,” according to Hill. However, he said that gains in layer counts have made NAND manufacturing more productive, allowing producers to add bit capacity with fewer wafers. As a result, NAND remains more dependent on equipment upgrades than greenfield fab construction, keeping the market smaller than the DRAM opportunity.

By contrast, Hill said DRAM capacity is entering a more significant greenfield investment cycle. He estimated that the industry had about 1.6 million DRAM wafer starts per month a year ago and is adding roughly 400,000 wafer starts per month this year. He expects additions of 300,000 to 400,000 wafer starts per month over the next several years.

Hill said an upgrade fab requires roughly 25% of the equipment investment of a greenfield facility. He estimated that process equipment for 100,000 wafer starts of greenfield capacity could total about $10 billion, illustrating the larger equipment opportunity associated with new DRAM fabs.

Capacity, Services and Process Control Applied has invested to support the ability to produce twice its current quarterly system output by 2028, Hill said, emphasizing that the target is a capacity statement rather than a revenue forecast. The company sends aggregated eight-quarter demand outlooks to suppliers by component type to help them plan hiring and capacity investments.

Hill said Applied’s services business is growing more than 20% this year, aided by high utilization across leading-edge logic, DRAM, ICAPS and NAND. Customers are purchasing more spare parts and components to maintain output, he said. The company’s longer-term services outlook is for mid-teens growth, supported by an installed base that is expanding by roughly 5% to 7% annually and higher revenue per tool from new offerings.

Those offerings increasingly include AI-based services that use tool sensors and operating data to help customers improve yield and output, Hill said.

Applied also expects its process diagnostics and control business to grow more than 50%. Hill said demand is being driven by more complex semiconductor architectures, including gate-all-around transistors, which require electron-beam inspection to identify buried defects that cannot be seen through optical inspection methods.

On profitability, Hill said Applied’s approximately 300-basis-point gross-margin improvement over the past three years has reflected the greater value of its product solutions and improved pricing processes. The company applies value-based pricing to both new and existing products, he said, while also accounting for higher costs for labor, materials and components.

About Applied Materials (NASDAQ:AMAT)Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials' offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

Should You Invest $1,000 in Applied Materials Right Now?Before you consider Applied Materials, you'll want to hear this.

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Docusign Today

$65.08 -3.33 (-4.87%)

As of 09/8/2026 04:00 PM Eastern

$40.16▼

$86.6539.68

$67.33

The great fear hanging over so many established software firms this year has been that the AI revolution will pass them by, or worse, sweep them aside. Docusign Inc. NASDAQ: DOCU, long the dominant name in electronic signatures, has faced exactly that suspicion, with the bears wondering whether a company built on signing documents online can stay relevant in an age of agentic AI.

In recent weeks, however, investors have grown notably more optimistic, both for traditional software stocks in general and Docusign in particular. Heading into its Q2 fiscal year (FY2027) report, Docusign shares had already rallied more than 60%, and the numbers did nothing to dent the enthusiasm. The stock initially moved higher after the release, putting it within reach of its highest levels since late last year.

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Like with so many of its peers, the market has been keen to see if Docusign can reinvent itself around AI, rather than be eaten up by it. On the evidence of this past quarter, at least, the answer is clear.

Docusign’s Beat Gives the Turnaround More CredibilityStarting with the headline numbers, they gave the bulls plenty to cheer about. Docusign comfortably beat analyst expectations on both revenue and profit, with sales up more than 9% year over year and margins ahead of forecasts, too. For a company whose growth prospects some had written off, that was a solid statement.

Adding to the bullish overtones was the company’s own confidence in its outlook. Management raised forward guidance for the full year, nudging up its expectations for both revenue and, crucially, the growth of its recurring revenue base.

Underpinning it all was healthy customer growth, which hit a record high above 1.9 million - not exactly the kind of trend you’d expect from a company consigned to the dustheap. Instead, it was the kind of report that quietly rebuilds the whole investment case.

IAM Adoption Becomes the Real StoryBeyond the headline numbers and shiny metrics, however, the real story lies in how Docusign is answering the AI question head-on. Rather than treating the technology as a threat, the company is weaving it through a broader platform it calls Intelligent Agreement Management, or IAM, designed to handle the entire life of a contract rather than just the signature at the end.

The evidence that this is working is compelling. IAM now accounts for more than 15% of the company's recurring revenue, up sharply from the prior quarter, and management expects that share to climb toward 19% by the end of the financial year. That steady march is the clearest sign yet that customers are buying into the vision, not just listening to the sales pitch.

Docusign is also building AI-powered tools that let customers create and deploy their own automated agents, and knitting its platform together with the major AI providers and workplace apps. The aim is to make its software a deeply embedded hub for managing agreements, far harder to rip out than a simple signing tool, and its best defense against being commoditized.

Why the Bears Still Have an ArgumentStill, for all that progress, the bears are hanging onto some legitimate concerns, and the central one is conversion. Impressive as IAM adoption is, the company's overall growth remains fairly moderate, with revenue still expanding at single-digit rates since 2023. That puts the onus on management to ensure this AI-related momentum translates into meaningfully faster growth, not just a nicer product.

Then there is the ever-present competitive threat. Basic electronic signing is one of the more straightforward tasks that could easily and cheaply be replaced by a homegrown AI tool or a nimbler, lower-cost rival. That means Docusign has to work far harder to defend its turf than an entrenched platform like Salesforce NYSE: CRM, whose sprawling web of customer data, workflows, and integrations makes it enormously difficult to rip out. This is precisely why the ongoing shift toward the stickier, more sophisticated IAM platform matters so much.

AI Turnaround, or Just a Better Quarter?Docusign Stock Forecast Today12-Month Stock Price Forecast:
$67.33
3.46% Upside

Hold
Based on 18 Analyst Ratings

Current Price$65.08High Forecast$86.00Average Forecast$67.33Low Forecast$50.00Docusign Stock Forecast Details

So which is it: a real AI success story, or a stay of execution? The weight of this quarter's evidence tilts firmly toward the former. Docusign isn't merely surviving the arrival of AI; it’s using the technology to transform itself from a one-trick signing service into something altogether more valuable.

That being said, the caveats are real. The conversion of that adoption into faster company-wide growth remains unproven, and until the company is reporting revenue growth that is consistently accelerating, the jury is still out. The recent rally in Docusign shares also suggests much of the upside is already baked into the price, leaving little margin for disappointment. In other words, the company's turnaround is seeing a ton of progress, but it is not yet finished.

Should You Invest $1,000 in Docusign Right Now?Before you consider Docusign, 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 Docusign wasn't on the list.

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The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.

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