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BioNTech SE (22UAy.DE) said it will end a mid-stage study of ‌its experimental mRNA cancer vaccine after an independent committee found the treatment was unlikely to help colorectal cancer patients live longer, sending the company's U.S.-listed shares 7.5% lower on Friday.

The trial was testing whether the immunotherapy, autogene cevumeran, prevented a recurrence in patients with high-risk, mid-stage colorectal cancer who ​had already undergone surgery but still had traces of cancer DNA in their blood.

BioNTech's trial failure comes ​days after Merck (MRK.N) and Moderna (MRNA.O) said their mRNA-based vaccine helped prevent the return and spread of melanoma in ⁠a trial of more than 1,000 patients whose tumors were removed surgically but who had a high risk of ​recurrence.

That success had raised hopes for similar mRNA-based vaccines, lifting shares of BioNTech 20% on the day.

The committee responsible for overseeing ​the safety and integrity of BioNTech's trial identified a "numerical imbalance" in overall survival between the patient groups in the study. It said continuing the trial was unlikely to show the vaccine was effective.

Analysts said the "numerical imbalance" likely meant more deaths occurred in the vaccine group than ​the control group.

BioNTech did not respond to a request for comment.

"Today's update is more concerning than a conventional futility stop ​given the numerical (overall survival) imbalance, although the magnitude remains unclear," BMO Capital Markets analyst Evan Seigerman said in a note.

The trial evaluated ‌whether ⁠the vaccine alone, given after surgery and three months of chemotherapy, could prevent recurrence in high-risk patients compared to standard watchful waiting.

CHALLENGES FOR MRNA VACCINES IN SOME TUMORS
BioNTech, a German vaccine maker, which is partnering with Roche's (ROPC.S) Genentech for the mRNA-based cancer vaccine, said that its decision to drop the study would not affect its other trial involving pancreatic cancer patients. ​Data from this study is ​expected in 2031.

Analysts said the ⁠failure is a negative signal for mRNA vaccines in "cold" tumors historically resistant to immunotherapy, like colorectal and pancreatic cancers, unlike "hot" tumors such as melanoma where Moderna succeeded.

This could also dim ​prospects for BioNTech's remaining pancreatic trial, despite its use of combination therapy with Roche's ​Tecentriq, analysts said.

BioNTech's vaccine, ⁠autogene cevumeran, is personalized to deliver instructions that teach the immune system to recognize each patient's specific tumor cells. The Merck-Moderna vaccine is similarly designed to target mutations unique to an individual patient's tumor.

The setback will likely accelerate BioNTech's strategic shift ⁠toward its ​non-mRNA pipeline, particularly its antibody-drug conjugates (ADCs) and bispecific cancer therapies, such as ​the experimental drug pumitamig.

BioNTech is also developing other mRNA-based cancer therapies, including BNT113 for head and neck cancer. Interim data from this study is expected ​later this year.

It has been about a month since the last earnings report for Cenovus Energy (CVE - Free Report) . Shares have added about 4.6% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Cenovus due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for Cenovus Energy Inc before we dive into how investors and analysts have reacted as of late.

CVE Q2 Earnings Increase Y/Y on Higher Pricing & Oil Sands VolumesCenovus Energy Inc. reported second-quarter 2026 adjusted earnings of $1.11 per share, matching the Zacks Consensus Estimate. The bottom line skyrocketed 233% from the year-ago figure of 33 cents per share.

Quarterly revenues of $12.59 billion surpassed the consensus estimate of $9.57 billion by 31.6%. The top line increased 41.5% year over year from $8.90 billion a year earlier.

Higher crude oil and refined-product pricing, along with increased Oil Sands volumes, supported the results.

CVE's Oil Sands Business Drives Revenue GrowthOil Sands revenues surged 89.4% year over year to C$11.22 billion. The segment benefited from higher sales volumes and benchmark crude oil prices, partly reflecting additional production from the MEG Energy acquisition completed in November 2025.

The unit’s operating margin increased to C$4.40 billion from the C$1.82 billion recorded a year earlier. Results were supported by redevelopment programs at Christina Lake, new sustaining well pads connected through the Narrows Lake tie-back and production gains from the Foster Creek optimization project.

Conventional revenues increased 61.8% to C$869 million, while the segment’s operating margin rose to C$140 million from C$84 million. Offshore revenues advanced 54.3% to C$486 million from C$315 million, and operating margin improved to C$375 million from C$231 million.

Cenovus Posts Strong Upstream ProductionIn the second quarter, the company recorded Oil Sands crude oil production of 783.8 thousand barrels per day (Mbbls/d), an increase from the year-ago quarter’s figure of 577.1 Mbbls/d. Oil Sands natural gas production was 15.6 million cubic feet per day (MMcf/d), lower than the 16.5 MMcf/d recorded a year ago. Oil Sands production volumes rose 35.6% to 786.4 thousand barrels of oil equivalent per day (Mboe/d) from 579.8 Mboe/d in the year-ago quarter.

The company’s Conventional crude oil and natural gas liquids production was 28.9 Mbbls/d compared with 24.9 Mbbls/d a year ago. Conventional natural gas production was 535.9 MMcf/d, lower than the 569.2 MMcf/d recorded a year ago. Conventional volumes dipped 1.3% to 118.2 Mboe/d from 119.8 Mboe/d recorded in the second quarter of 2025.

The company’s Offshore crude oil and natural gas liquids production was 22.8 Mbbls/d compared with 22.0 Mbbls/d a year ago. Offshore natural gas production was 258.3 MMcf/d, lower than the 265.7 MMcf/d recorded a year ago. Offshore production dipped 0.8% to 65.8 Mboe/d from the year-ago figure of 66.3 Mboe/d.

The total upstream production in the reported quarter increased 26.7% to 970.4 Mboe/d from 765.9 Mboe/d in the year-earlier quarter.

CVE's Refining Operations Deliver Margin GainsCenovus’ Canadian Refining revenues increased 24.8% to C$1.61 billion. The segment generated an operating margin of C$182 million, up from C$107 million, despite a turnaround at the Lloydminster Upgrader.

The U.S. Refining revenues rose 1.5% to C$6.55 billion. Operating margin improved sharply to C$771 million against a loss of C$178 million, supported by stronger refined-product pricing and reliable refinery operations. Higher Chicago gasoline, diesel and crack-spread benchmarks aided downstream profitability.

Total downstream revenues increased to C$8.16 billion from C$7.74 billion a year ago, while operating margin rose to C$953 million against a loss of C$71 million a year ago.

Cenovus' Throughput Reflects Portfolio ChangesTotal crude oil unit throughput declined 32.2% to 451.5 Mbbls/d. Canadian Refining throughput fell 9.5% to 101.7 Mbbls/d, while U.S. Refining throughput decreased 36.8% to 349.8 Mbbls/d.

The decline primarily reflected the September 2025 divestiture of Cenovus’ interests in the Wood River and Borger refineries. The Upgrader turnaround also weighed on volumes. These factors reduced total downstream production by 31.7% to 498.3 Mbbls/d.

CVE Records Higher EarningsConsolidated operating margin increased to C$5.87 billion from C$2.07 billion. Operating expenses declined 20.3% to C$1.39 billion from C$1.75 billion. However, general and administrative expenses rose to C$218 million from C$153 million, and the company recorded a C$163 million foreign exchange loss against a C$353 million gain a year earlier.

Net earnings totaled C$2.87 billion compared with C$851 million in the prior-year quarter.

Cenovus Cash Flow, Balance Sheet & DividendCash from operating activities increased to C$5.64 billion from C$2.37 billion, while adjusted funds flow was C$4.99 billion. Capital investment was C$1.20 billion, resulting in free funds flow of C$3.79 billion.

Cenovus repaid the remaining C$2.20 billion under the term loan used to help fund the MEG acquisition. Net debt declined to C$5.39 billion at June 30, 2026, from C$8.06 billion at the end of March. Cash and cash equivalents totaled C$3.17 billion.

Cenovus returned C$1.43 billion to shareholders during the quarter, including C$1.02 billion of share repurchases and C$411 million of dividends. The board also declared a third-quarter dividend of C$0.22 per common share.

CVE Raises 2026 Corporate GuidanceManagement raised the midpoint of its 2026 upstream production guidance, citing strong Oil Sands performance and optimized turnaround activity at Foster Creek and Christina Lake. Total upstream production is expected to be between 970 Mboe/d and 1.01 million barrels of oil equivalent per day. Downstream throughput guidance was increased to a range of 435 Mbbls/d to 455 Mbbls/d, while the C$5.0-C$5.3 billion capital investment range was maintained.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in fresh estimates.

The consensus estimate has shifted 49.55% due to these changes.

VGM ScoresAt this time, Cenovus has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. However, the stock has a score of A on the value side, putting it in the top 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been trending upward for the stock, and the magnitude of this revision looks promising. Interestingly, Cenovus has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Rocket Lab's (RKLB -4.65%) Neutron rocket has been generating buzz for years. The larger rocket will help Rocket Lab compete with Space Exploration Technologies, aka SpaceX, and open up larger revenue streams and more lucrative contracts.

However, a setback earlier this year pushed the timeline further out, shifting expectations from a 2026 launch to a potential 2027 takeoff.

This news is a blow to investors eager to see Neutron take off, but CEO Peter Beck emphasized the importance of readiness so the company can hit the ground running when Neutron eventually does. Here's what the delay means for investors, and what the future has in store for Rocket Lab.

Image source: The Motley Fool.

Rocket Lab's medium-lift Neutron rocket faced a setback early this year During a hydrostatic pressure test in January, Rocket Lab's Stage 1 main propellant tank ruptured. The test aimed to assess structural margins, push the tank to extreme conditions, and validate flight readiness.

The good news was that there were no injuries or damage to the test stands or launch infrastructure. The bad news is that it pushed back Neutron's launch date, which is expected to open up another major stream of high-margin income for Rocket Lab.

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The company had been optimistic that it could get Neutron off the ground later this year, but those hopes are beginning to fade. The company still plans to roll out its Neutron rocket to the launch pad by the fourth quarter of this year, but it must complete a series of ground tests before it takes flight. Beck told investors during its Aug. 10 earnings call that "the window for an end year launch is narrowing."

CEO Peter Beck is taking a long-term approach to the Neutron launch Beck went on to say Rocket Lab is focused on "risk trading" and that while "the first flight is extremely important," "it's really about how do we get to flight 10 in the shortest time possible," showing Beck's focus on long-term production over meeting short-term deadlines.

The delayed timeline is a setback for Rocket Lab, but the company is taking steps to ensure it's ready to hit the ground running when it does begin launching its medium-lift Neutron rocket. When it begins taking flights, the company projects that its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) will turn positive.

Is Rocket Lab's recent dip a buying opportunity? Neutron will be a key part of Rocket Lab's growing end-to-end space business, allowing it to compete for larger, more lucrative contracts. That said, it's one part of the puzzle as Rocket Lab expands its defense and aerospace capabilities alongside its space systems business, which supports satellite makers and other space-based businesses.

For investors optimistic about the future of the space economy and seeking pure-play exposure to space, Rocket Lab, down 54% from its most recent peak, looks like a buy ahead of the likely 2027 launch of its Neutron rocket.

SummaryRocket Lab generated $234 million in Q2 revenue while its backlog reached $2.36 billion across increasingly integrated space programs.More than $1 billion of recent contracts show demand extending across Electron, HASTE, Neutron, and Space Systems simultaneously.Neutron commands $50 million to $55 million in pricing before the first flight, shifting the concern from demand toward production cadence.Iridium adds 2.5 million subscribers and recurring services, while Neutron's delays, dilution, and elevated cash burn remain key risks. Elen11/iStock via Getty Images

I see Rocket Lab Corporation (RKLB) gradually shifting from just a launch service provider into an integrated space infrastructure provider combining launch, spacecraft, components, and even eventually applications. As a result, I am

8.58K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of RKLB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Rocket Lab (RKLB -4.65%), a developer of reusable orbital rockets, is usually considered SpaceX's (SPCX +0.45%) much smaller competitor in the launch services market. But over the past three years, it quietly carved out a niche with HASTE (Hypersonic Accelerator Suborbital Test Electron), a launch vehicle for testing hypersonic and suborbital technologies.

Unlike its Electron rockets, which enter Earth's orbit, HASTE acts as a testbed for accelerating payloads to hypersonic velocities in suborbital environments. Its primary customer is the Department of Defense (DoD), which uses HASTE to solve a major bottleneck in testing experimental systems at hypersonic speeds under real atmospheric conditions.

Image source: Getty Images.

Those tests cover scramjets (hypersonic jet engines), thermal protection materials, sensors, guidance systems, and missile defense systems. In the past, the DoD used repurposed military missiles, custom rockets, and ground-based wind tunnels to conduct these experiments. However, these methods were expensive, infrequent, and didn't fully simulate suborbital atmospheric conditions.

With HASTE, which is built on the same bones as Rocket Lab's Electron rockets, the DoD can conduct those tests at scale for a lower price. They can also be launched more frequently, customized for precise trajectories, and carry larger payloads than their legacy predecessors.

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How will HASTE help Rocket Lab? Rocket Lab doesn't disclose exactly how much revenue it generates from its HASTE launches. But based on the value of its announced contracts, HASTE generates much more revenue per flight ($9.5 to $22 million) than its standard commercial Electron launches ($8 to $10 million).

HASTE launches cost more because they require customized trajectories, specialized suborbital payload integration, hardware modifications, and coordination with defense ranges. But by using the Electron's assembly lines and tools to build its HASTE vehicles, Rocket Lab can generate higher gross margins from those launches than its standard Electron launches.

Rocket Lab has secured around $500 million in HASTE contracts so far. It holds a $266 million contract with the DoD (Space Force) to launch 12 flights, a $190 million contract with the Navy to launch 20 flights, a $30 million contract with Anduril Industries for three launches, and about $15-$20 million in individual mission contracts with Leidos (LDOS +0.57%) and the DoD's DIU (Defense Innovation Unit) and DIT (Defense Innovation Transition) teams.

That backlog is equivalent to more than half of its projected 2026 revenue of $953 million. It also significantly widens its moat against SpaceX, which doesn't offer any hypersonic suborbital flights on its larger Falcon rockets. By locking in this niche market, it has secured a steady stream of revenue from the Pentagon that will likely continue to rise over the next few years.

Rocket Lab still has plenty of irons in the fire Rocket Lab is best known for its Electron rockets, which have been launched 93 times to deploy over 264 satellites, and its upcoming, higher-capacity Neutron rocket. Those rockets, along with HASTE, generate most of Rocket Lab's Launch Services revenue.

However, Rocket Lab's Launch Services segment only accounts for about 25%-30% of its revenue. More than 70% of its revenue comes from its Space Systems segment, which builds satellite components, solar panels, and complete spacecraft buses. Its planned takeover of Iridium (IRDM -2.18%), expected to close in 2027, will further expand its Space Systems segment with a global satellite communication network.

In other words, Rocket Lab is expanding into an end-to-end services company that offers launch, manufacturing, and satellite services. It could face tough competition from SpaceX in those markets, but as long as it carves out defensible, growing niches -- as it did with HASTE -- it could continue to thrive in the shadow of the aerospace and AI behemoth.

That's why analysts still expect Rocket Lab's revenue to nearly triple from 2025 to 2028. It's still a speculative stock that isn't cheap at 42 times this year's sales, but it could still have plenty of upside potential as the nascent space industry expands.

Dr. Marvin Bradford Clevenger, President of Rocket Lab USA, sold 15,051 shares of Rocket Lab Corporation (RKLB -4.65%) on August 24, 2026 as reported in a recent SEC Form 4 filing.

Transaction summaryMetricValueTransaction value$1.0 millionShares sold15,051Post-transaction shares (directly held)458,924Post-transaction value$31.34 millionTransaction value based on SEC Form 4 weighted average sale price ($69.63); post-transaction value based on August 24, 2026 market close ($68.28).

Key questionsWhy did this transaction occur at this time?
The sale was a non-discretionary transaction carried out to cover tax withholding obligations associated with the vesting and settlement of restricted stock units (RSUs) previously granted to the executive.What is the scale of the insider's remaining equity position?
Brad Clevenger retains direct ownership of 458,924 shares, representing a significant long-term equity interest in the company.How has the stock performed relative to this vesting event?
The company's shares delivered a 54% one-year total return as of the August 24, 2026 transaction date, with the stock closing at $68.28.Company OverviewMetricValueShare Price (as of market close 2026-08-25)$66.91Market Capitalization$38.7 billionRevenue (TTM)$769.1 millionNet Income (TTM)-$165.5 millionCompany SnapshotRocket Lab provides comprehensive space-related services and hardware, including orbital launch capabilities, advanced spacecraft engineering and construction, spacecraft component production, and on-orbit constellation management services.The company generates income through multiple revenue streams including launch services for small-to-medium lift vehicles, spacecraft manufacturing and design services, and managed space infrastructure solutions for government and commercial customers.Rocket Lab serves the space and defense industries, with primary customers including government agencies, defense contractors, and commercial satellite operators requiring reliable access to space.Rocket Lab Corporation, headquartered in Long Beach, California, operates as a prominent aerospace and defense enterprise. The company has established itself as a key provider of dedicated launch services and end-to-end space infrastructure solutions, serving both government and commercial markets.

With a market cap of $38.7 billion, Rocket Lab demonstrates significant scale within the aerospace sector, positioning itself as a critical enabler of space access for institutional and commercial stakeholders.

What this transaction means for investorsThe August 24 sale of Rocket Lab stock by Dr. Clevenger is not a cause for investor concern. It was a non-discretionary event executed to fulfill tax withholding requirements connected with the vesting of RSUs.

An RSU is a form of compensation where a company grants an employee shares of stock at a future date. When that vesting date arrives, as was the case here, a "sell to cover" transaction occurs to pay the related taxes.

Rocket Lab stock has delivered strong returns over the past year thanks to contract wins that delivered an impressive 62% year-over-year increase in revenue to $234 million in the second quarter. It also reported a record backlog of orders totaling $2.4 billion. That's a whopping 137% increase from Q2 of 2025.

In addition, the company is planning to acquire Iridium, which would give Rocket Lab a constellation of low-Earth-orbit satellites that handle phone calls and text messaging anywhere on the planet.

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

BNP Paribas raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 10.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,636 shares of the communications equipment provider’s stock after purchasing an additional 2,884 shares during the period. BNP Paribas’ holdings in Motorola Solutions were worth $12,307,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MSI. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $27,000. Whipplewood Advisors LLC grew its holdings in Motorola Solutions by 1,966.7% during the first quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider’s stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. Western Wealth Management LLC bought a new stake in Motorola Solutions during the first quarter valued at about $27,000. MidAtlantic Capital Management Inc. bought a new position in Motorola Solutions in the 4th quarter worth approximately $28,000. Finally, Physician Wealth Advisors Inc. increased its stake in Motorola Solutions by 540.0% during the first quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider’s stock valued at $28,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets Several equities research analysts have weighed in on MSI shares. Bank of America restated a “buy” rating on shares of Motorola Solutions in a research report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. UBS Group raised their price objective on shares of Motorola Solutions from $510.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Morgan Stanley restated an “overweight” rating and issued a $476.00 price target on shares of Motorola Solutions in a research report on Thursday, August 6th. Finally, Piper Sandler upped their price objective on Motorola Solutions from $503.00 to $530.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $519.44.

Read Our Latest Research Report on MSI Insider Buying and Selling at Motorola Solutions In other Motorola Solutions news, SVP Kathryn A. Moore sold 1,004 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $476.96, for a total transaction of $478,867.84. Following the transaction, the senior vice president owned 1,282 shares of the company’s stock, valued at $611,462.72. The trade was a 43.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.28% of the stock is owned by insiders.

Motorola Solutions Stock Performance MSI opened at $486.43 on Friday. The business’s 50-day moving average price is $436.90 and its two-hundred day moving average price is $435.71. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $493.57. The company has a market capitalization of $80.50 billion, a price-to-earnings ratio of 38.30, a P/E/G ratio of 2.91 and a beta of 0.87. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.10 and a quick ratio of 0.86.

Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.85 by $0.56. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%.Motorola Solutions’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the company earned $3.57 earnings per share. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. Equities analysts expect that Motorola Solutions, Inc. will post 15.87 EPS for the current fiscal year.

Motorola Solutions Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th will be issued a $1.21 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.84 annualized dividend and a dividend yield of 1.0%. Motorola Solutions’s dividend payout ratio (DPR) is presently 38.11%.

Motorola Solutions Profile (Free Report)

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.

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Agilent Technologies (A - Free Report) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +9.46%. A quarter ago, it was expected that this scientific instrument maker would post earnings of $1.4 per share when it actually produced earnings of $1.49, delivering a surprise of +6.43%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Agilent, which belongs to the Zacks Medical - Products industry, posted revenues of $1.88 billion for the quarter ended July 2026, surpassing the Zacks Consensus Estimate by 2.08%. This compares to year-ago revenues of $1.74 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Agilent shares have added about 13.7% since the beginning of the year versus the S&P 500's gain of 12.2%.

What's Next for Agilent?While Agilent has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Agilent was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.71 on $1.97 billion in revenues for the coming quarter and $6.05 on $7.45 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Products is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Medtronic (MDT - Free Report) , is yet to report results for the quarter ended July 2026. The results are expected to be released on September 1.

This medical device company is expected to post quarterly earnings of $1.39 per share in its upcoming report, which represents a year-over-year change of +10.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Medtronic's revenues are expected to be $9.47 billion, up 10.4% from the year-ago quarter.

FREMONT, Calif., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced an expanded homeowner outreach effort in the Netherlands to help solar-only customers prepare for the end of net metering on Jan. 1, 2027, and understand how battery storage can help them maximize the value of their solar systems. Enphase expects to host more than 300 in-person homeowner events and online webinars in 2026, with more than 100 already completed, generating thousands of leads to date.

Enphase is onboarding hundreds of installers into its lead-referral program and is partnering with Prets.io, an independent Dutch fintech platform, to connect prospective customers with available financing options and help address affordability at the time of purchase.

When net metering concludes at the end of 2026, existing Dutch solar-only systems will not be grandfathered in, meaning homeowners will receive less value for solar energy exported to the grid. Adding an IQ® Battery enables homeowners to store and use more of their own solar generation rather than export it at a reduced rate, helping protect the value of their existing solar investment.

“The end of net metering is a wake-up call, and Dutch homeowners are ready to act,” said Sjoerd Gravemaker, CEO of Reconnect Energy, an installer of Enphase products in the Netherlands. “Energy price swings and global supply disruptions have made energy independence a real priority. A solar-plus-battery system delivers exactly that, and the turnout and leads we're seeing at these Enphase homeowner events make clear that homeowners are ready to make the move.”

“Pebble Green Systems has been a Platinum-level installer of Enphase products for many years, and we have now completed a thousand installations using Enphase microinverters,” said Leo van der Grinten, owner of Pebble Green Systems. “Thanks to the Enphase promotion, combined with the regional presentations Enphase conducts, we have been receiving a steady stream of leads. Because these homeowners sign a pre-order after the presentation, they know exactly what the system cost will be. As a result, the intake conversations are short, with a success rate of approximately 50%. We are pleased with this.”

“I have never experienced such a high-quality event before,” said Harry van Torenburg, a homeowner in the Netherlands who ordered an IQ Battery system following a local Enphase event. “I truly felt like a VIP. The Enphase team really knows how to make customers feel valued, and I walked away ready to move forward with my Enphase system.”

Additionally, through a new referral arrangement with Enphase, Prets.io will offer eligible Dutch homeowners streamlined access to financing solutions, including Warmtefonds, the Netherlands’ leading government-backed loan program for sustainable energy investments. Availability and terms of financing are determined by Warmtefonds and/or the applicable financing provider. By guiding homeowners through the application process without requiring installer involvement, Prets.io can help simplify access to Warmtefonds and other available financing options.

“Warmtefonds is an attractive financing option available for Dutch homeowners making sustainable energy investments, but the application process is not always straightforward at the moment of purchase,” said Eugene Lubbers, CEO and co-founder of Prets.io. “With the Prets.io platform, homeowners can now access the financing application process soon after the Enphase event, when they are already inclined to move forward.”

“Nearly half a million Dutch homeowners have trusted Enphase with their solar systems, and we have a responsibility to help them protect that investment,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “Our events and webinars are packed because homeowners understand the stakes. With Prets.io, we are making it easier for homeowners to understand and access available financing options. Homeowners can leave one of our events with a plan, a price, and a path to getting it done.”

To learn more about Enphase solar and battery solutions in the Netherlands, visit the Enphase website.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems, EV chargers, home energy management systems, and virtual power plant (VPP) solutions. Enphase products enable people to harness the sun to make, use, save, and sell their own power, all controlled through the Enphase App. The company revolutionized the solar industry with its microinverter-based technology and has shipped approximately 89.4 million microinverters, with approximately 5.3 million Enphase-based systems deployed in over 165 countries. For more information, visit https://enphase.com/.

©2026 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to Enphase Energy's homeowner outreach and education initiatives in the Netherlands; expectations regarding the number, timing, effectiveness, and results of homeowner events and webinars; anticipated homeowner interest in and adoption of IQ Battery systems and other Enphase products; the expected benefits of battery storage, including increased self-consumption and protection of the value of existing solar investments; Enphase Energy's expectations regarding the impact of the planned abolishment of net metering in the Netherlands and resulting homeowner demand for energy storage solutions; and Enphase Energy’s plans to expand homeowner access to financing options through additional touchpoints and channels. These forward-looking statements are based on Enphase Energy’s current expectations and assumptions and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements. Such risks include, but are not limited to, changes in market demand; rate of homeowner adoption of battery storage systems; energy prices and tariff structures; the timing, terms, and implementation of regulatory and policy changes, including the discontinuation of net metering in the Netherlands; the performance and availability of financing programs and third-party financing partners; installer participation and execution; supply chain constraints; and other factors discussed in Enphase Energy’s filings with the Securities and Exchange Commission, including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

Contact:

Enphase Energy
[email protected]

It has been about a month since the last earnings report for Incyte (INCY - Free Report) . Shares have added about 0.8% in that time frame, underperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Incyte due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Incyte Corporation before we dive into how investors and analysts have reacted as of late.

INCY Q2 Earnings & Revenues Beat on Higher Sales, '26 View Raised

Incyte Corporation reported second-quarter 2026 adjusted earnings of $3.09 per share, which beat the Zacks Consensus Estimate of $2.00, primarily due to higher product sales. The company had reported adjusted earnings of $1.57 per share in the year-ago quarter.

Total revenues in the second quarter were $1.67 billion, which grew 38% year over year, driven primarily by the sustained performance of its lead drug, Jakafi (ruxolitinib), and increased sales of Opzelura (ruxolitinib) cream on strong launch and demand. The top line beat the Zacks Consensus Estimate of $1.46 billion.

All percentages mentioned below are on a reported basis.

INCY's Q2 Results in Detail

Revenues from the sale of Jakafi, a first-in-class JAK1/JAK2 inhibitor approved for polycythemia vera, myelofibrosis and refractory acute graft-versus-host disease (GVHD), amounted to $816.7 million, up 7% from the year-ago quarter, owing to a 9% increase in paid demand and growth across all indications. Jakafi's sales beat the Zacks Consensus Estimate of $798 million.

Opzelura (ruxolitinib) cream, approved for atopic dermatitis and vitiligo, generated $449.7 million in sales, which rose 173% year over year, beating the Zacks Consensus Estimate of $277.8 million. The massive uptick was driven by a one-time, non-cash benefit of $246 million associated with the reversal of previously established accrual balances through March 31, 2026, for Opzelura, as well as by increased patient demand in both approved indications.

The newly approved medicine Zynyz (retifanlimab-dlwr) generated sales of $49.9 million, which significantly increased from the year-ago quarter and beat the Zacks Consensus Estimate of $43.8 million. The company obtained accelerated approval for Zynyz to treat metastatic or recurrent locally advanced Merkel cell carcinoma. Net product revenues of Iclusig were $34.4 million, up 5% year over year. The figure missed the Zacks Consensus Estimate of $35.5 million. Pemazyre generated $23.4 million in sales, reflecting a year-over-year increase of 6%. The figure surpassed the Zacks Consensus Estimate of $22.4 million.

Minjuvi's revenues totaled $53.7 million, up 72% year over year. The figure beat the Zacks Consensus Estimate of $50.6 million. Incyte gained exclusive global rights for tafasitamab from MorphoSys AG, which is marketed as Monjuvi in the United States and as Minjuvi in the ex-U.S. markets in 2024.

Incyte and partner Syndax Pharmaceuticals obtained FDA approval for axatilimab-csfr, an anti-CSF-1R antibody, for the treatment of GVHD after the failure of at least two prior lines of systemic therapy in adult and pediatric patients weighing at least 40 kg. The candidate was approved under the brand name Niktimvo. The drug is Incyte’s second approved treatment for chronic GVHD (third-line) and was launched in the United States during the first quarter of 2025. The drug recorded $60.3 million in sales in the second quarter of 2026, up 67% on a year-over-year basis, driven by strong uptake, but missed the Zacks Consensus Estimate of $63.8 million.

Shares of Incyte have rallied 20.3% year to date compared with the industry’s 2% growth.

Jakafi is marketed by Incyte in the United States and by Novartis as Jakavi in ex-U.S. markets. Jakavi royalty revenues from Novartis for commercialization in ex-U.S. markets rose 13% to $124.2 million. Jakavi royalties beat the Zacks Consensus Estimate of $117 million.

Incyte also receives royalties from the sales of Tabrecta (capmatinib) for the treatment of adult patients with metastatic non-small-cell lung cancer. Its partner, Novartis, has exclusive worldwide development and commercialization rights for Tabrecta. Royalty revenues from the drug’s sales amounted to $6.7 million, up 1% year over year. The reported figure missed the Zacks Consensus Estimate of $7.1 million.

Olumiant’s (baricitinib) product royalty revenues from Eli Lilly totaled $38.5 million, up 15% year over year. The figure beat the Zacks Consensus Estimate of $36.9 million. Incyte has a collaboration agreement with Eli Lilly for Olumiant. The drug is a once-daily oral JAK inhibitor discovered by Incyte and licensed to LLY. It is approved for several types of autoimmune diseases.

Adjusted research and development (R&D) expenses totaled $478.8 million, up 5% year over year. This increase was primarily due to continued investment in late-stage development assets.

Adjusted selling, general and administrative (SG&A) expenses were $323.6 million, up 6% from the prior-year quarter’s number, primarily due to increased consumer marketing and pre-launch activities.

INCY’s cash, cash equivalents and marketable securities amounted to $4.5 billion as of June 30, 2026, compared with $4 billion recorded as of March 31, 2026.

INCY Raises 2026 Guidance

While Incyte continues to expect Jakafi revenues in the range of $3.22-$3.27 billion in 2026, it now expects Opzelura net product revenues to be in the range of $1.05-$1.1 billion, up from the previously guided range of $750-$790 million. Net product revenues for 2026 are now expected to be in the range of $5.13-$5.26 billion, up from the previously guided range of $4.77-$4.94 billion.

Total adjusted R&D expenses and SG&A expenses for 2026 are now expected in the range of $4.625-$4.695 billion compared with the previous guidance of $3.205-$3.375 billion.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates revision.

The consensus estimate has shifted -298.32% due to these changes.

VGM ScoresAt this time, Incyte has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a score of B on the value side, putting it in the second quintile for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Incyte has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

NNN REIT, Inc. (NYSE:NNN – Get Free Report) has received an average rating of “Hold” from the fourteen brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $47.60.

Several analysts have recently weighed in on the company. B. Riley Financial reissued a “neutral” rating and issued a $47.50 target price (up from $46.00) on shares of NNN REIT in a report on Wednesday, August 12th. Citigroup increased their price objective on NNN REIT from $42.00 to $46.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings cut shares of NNN REIT from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 18th. Huntington started coverage on shares of NNN REIT in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $51.00 price target for the company. Finally, Evercore set a $48.00 price target on shares of NNN REIT in a research note on Thursday, August 6th.

Get Our Latest Stock Report on NNN REIT

NNN REIT Stock Up 0.0% Shares of NYSE NNN opened at $45.69 on Monday. The stock has a market cap of $8.77 billion, a P/E ratio of 22.40, a PEG ratio of 7.38 and a beta of 0.79. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.12. NNN REIT has a 12-month low of $38.90 and a 12-month high of $50.00. The business’s fifty day simple moving average is $47.10 and its 200-day simple moving average is $45.29. NNN REIT (NYSE:NNN – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.52 EPS for the quarter, topping the consensus estimate of $0.51 by $0.01. NNN REIT had a net margin of 40.35% and a return on equity of 8.70%. The firm had revenue of $244.27 million for the quarter, compared to analyst estimates of $240.19 million. NNN REIT has set its FY 2026 guidance at 3.500-3.540 EPS. As a group, equities analysts predict that NNN REIT will post 3.5 EPS for the current fiscal year.

NNN REIT Increases Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were issued a $0.62 dividend. The ex-dividend date of this dividend was Friday, July 31st. This is a positive change from NNN REIT’s previous quarterly dividend of $0.60. This represents a $2.48 dividend on an annualized basis and a dividend yield of 5.4%. NNN REIT’s dividend payout ratio is currently 121.57%.

Hedge Funds Weigh In On NNN REIT A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Deutsche Bank AG acquired a new position in shares of NNN REIT in the second quarter valued at approximately $19,961,000. Focus Partners Advisor Solutions LLC acquired a new stake in shares of NNN REIT during the second quarter worth $1,165,000. Bank of New York Mellon Corp acquired a new stake in shares of NNN REIT during the second quarter worth $85,430,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in NNN REIT in the 2nd quarter valued at $7,590,000. Finally, Orographic Financial Advisors LLC purchased a new position in NNN REIT in the 1st quarter valued at $1,255,000. Hedge funds and other institutional investors own 89.96% of the company’s stock.

NNN REIT Company Profile (Get Free Report)

NNN REIT (NYSE: NNN), formally known as National Retail Properties, is a publicly traded real estate investment trust focused on acquiring, owning and managing a diversified portfolio of retail properties across the United States. As a net-lease REIT, the company enters into long-term, triple-net leases with national and regional tenants, shifting most property-related expenses, including maintenance, taxes and insurance, to its lessees. This structure provides NNN REIT with predictable cash flows and a stable income stream rooted in essential retail uses such as convenience stores, dollar stores, drug stores and quick-service restaurants.

Founded in 1984 and headquartered in Orlando, Florida, NNN REIT has steadily grown its footprint through disciplined acquisitions and selective lease underwriting.

Further Reading Five stocks we like better than NNN REIT Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally Rubrik’s AI Security Bet Could Power the Next Leg Higher Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?

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Key Takeaways Crocs is expanding beyond clogs through product innovation, collaborations and lifestyle offerings.HEYDUDE is refreshing products and focusing on direct sales to stabilize its performance.CROX combines cost discipline, supply-chain diversification and digital engagement to support margins. Crocs, Inc. (CROX - Free Report) is focusing on strengthening its brand power, expanding digital and direct-to-consumer reach and driving product innovation to support growth. The company continues to build the Crocs brand through global marketing campaigns, collaborations, personalization and product newness, while expanding beyond its core clogs into sandals and broader lifestyle offerings.

The company follows a portfolio strategy by managing the Crocs brand and HEYDUDE brands. While Crocs remains the key growth engine, efforts are underway to stabilize HEYDUDE’s performance through operational adjustments and a strict focus on direct sales. Its HEYDUDE brand is undergoing a product evolution, with refreshed versions of its top sellers and entirely new styles aimed at attracting younger and more fashion-conscious consumers.

By combining creativity with deep consumer insights, Crocs is strengthening brand appeal and deepening consumer engagement across its direct-to-consumer channels, positioning it for sustainable growth and potential market-share gains. At the same time, Crocs remains focused on protecting profitability through disciplined cost management and operational efficiency. Efforts include optimizing inventory, controlling expenses and limiting promotional activity to support margins. The company is also diversifying its supply chain to mitigate tariff-related risks and reduce its reliance on specific sourcing and manufacturing regions.

Product innovation and personalization remain central to Crocs’ success. The company continues to introduce new designs and product variations while promoting customization through Jibbitz charms, which encourages repeat purchases and deeper consumer engagement. On the innovation front, the company is refreshing its iconic silhouettes with updated materials, colors and comfort features, while introducing product lines in sandals, boots and seasonal footwear. Cost-saving initiatives, disciplined spending and supply-chain efficiencies are enhancing operating flexibility.

CROX’s Price Performance, Valuation and EstimatesCrocs’ shares have gained 40.2% in the past six months against the industry’s 6.3% decline.

Image Source: Zacks Investment Research

From a valuation standpoint, CROX is trading at a forward price-to-earnings ratio of 8.33X compared with the industry’s average of 15.05X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for CROX’s 2026 and 2027 earnings per share (EPS) indicates year-over-year growth of 10.7% and 8%, respectively. The company’s EPS estimate for 2026 and 2027 has increased in the past 30 days.

Image Source: Zacks Investment Research

Crocs currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Crocs’ CompetitorsRalph Lauren’s (RL - Free Report) growth strategy focuses on strengthening its luxury lifestyle positioning, expanding its customer base and increasing engagement with younger consumers. The company is investing in its iconic core products while broadening its offerings across high-potential categories. RL is expanding its presence in key international markets, particularly Asia and China, while strengthening its directly operated stores and digital channels. Product innovation, personalized consumer experiences and technology investments, including AI-powered tools, are helping Ralph Lauren improve brand relevance and deepen customer relationships.

Gildan Activewear Inc. (GIL - Free Report) is benefiting from its Sustainable Growth Strategy, which focuses on expanding capacity, driving innovation and advancing ESG initiatives to strengthen competitiveness. GIL is focused on the optimization of manufacturing processes and the implementation of cost-reduction initiatives. Gildan Activewear is expanding its production footprint, which is expected to enhance flexibility, support future demand and generate additional cost efficiencies. It is also simplifying operations by harmonizing supply chains, standardizing IT systems and reducing organizational complexity.

lululemon athletica inc. (LULU - Free Report) focuses on sustaining growth by strengthening its brand, expanding its global customer base and delivering innovative, high-quality products. LULU is emphasizing product innovation, differentiated assortments and deeper consumer engagement across its core categories. lululemon is also expanding its international presence, particularly in China and other high-growth markets, while enhancing its digital and omnichannel capabilities to capitalize on evolving consumer preferences and support growth.

The worst-performing stock of this week may just be Dick's Sporting Goods (DKS +2.52%). Shares fell over 30% on Tuesday, Aug. 25, after the company reported disappointing earnings and lowered its full-year guidance while warning about aggressive promotional activity in the footwear and apparel market.

Here's what's wrong with Dick's stock, and whether now is a good time to buy the dip.

Premium Feature

Moneyball Superscore

75/100

Today's Change

(

2.52

%) $

3.32

Current Price

$

135.09

Weak earnings and reduction to guidance On Aug. 25, Dick's reported earnings for the three months ended in July. It missed both revenue and earnings per share (EPS) estimates. It had $5.59 billion in revenue compared to estimates of $5.65 billion.

More importantly, full-year EPS guidance was slashed to $10.94-$11.94, significantly below Wall Street analysts' $14.20 estimate. It is this huge disappointment that likely has the stock collapsing this week, along with management warnings that the apparel and footwear market is in a highly promotional environment.

The main culprit for Dick's is its recent acquisition of Foot Locker, which generated negative operating earnings in the quarter, leading to a decline in consolidated earnings.

Dick's own business grew Q2 comps by 4.9% on the back of the FIFA World Cup and higher average tickets. At the same time, Foot Locker comps fell 3.6% and are now guided to a full-year loss of $40 million to $80 million.

Management sees long-term value in the Foot Locker business, but the price-sensitive mood of the athletic footwear market makes 2026 a challenging year.

Oops, one more stroke. Image source: Getty Images.

Time to buy the dip? After this fall, Dick's trades at a forward price-to-earnings ratio (P/E) of just 12, which is well below the S&P 500 index average. It is tough to value this stock with Foot Locker dragging it down, but if you believe the company can continue to dominate the sports equipment and apparel market, now could be a good time to pick up some shares on the cheap.

Brett Schafer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Key Takeaways VSAT will integrate Addvalue's IDRS into HaloNet to expand government-focused space communications.IDRS uses Viasat's GEO L-band network to maintain persistent links with LEO spacecraft for faster response.The unified offering combines terminals, connectivity and mission support to simplify procurement. Viasat, Inc. (VSAT - Free Report) is deepening its presence in the U.S. government space communications market through an agreement with Addvalue Solutions. Per the deal, Addvalue’s Inter-satellite Data Relay Service (“IDRS”) will be integrated into Viasat’s HaloNet managed services portfolio. The partnership supports Viasat’s efforts to provide responsive, space-based connectivity for government missions.

It will enable the company to provide U.S. government agencies and suppliers with satellite terminals, connectivity, integration and mission support through a unified solution. It will simplify procurement and enhance Viasat’s ability to serve customers operating low Earth orbit (LEO) spacecraft.

The collaboration enhances the company’s real-time space communications capabilities, with IDRS leveraging Viasat’s GEO L-band network to maintain persistent links with LEO spacecraft. This enables government mission teams to respond more quickly to satellite tasking, transfer time-sensitive data and address spacecraft issues, improving operational responsiveness when timely access to orbital assets is critical.

As U.S. government agencies increase the deployment of LEO assets for defense, observation and other critical missions, Viasat is likely to benefit from growing demand for seamless low-latency connectivity. This initiative could support the company’s government business while creating opportunities across emerging satellite applications.

How Are Competitors Advancing?Viasat faces competition from Nokia Corporation (NOK - Free Report) and Comtech Telecommunications Corp. (CMTL - Free Report) . Nokia is expanding its government communications business with secure 4G and 5G networks for mission-critical operations. The company is working with partners to improve connectivity for field teams and unmanned systems, enabling faster data sharing and coordination. Nokia is also developing AI-based technologies to help government agencies analyze data and make quicker decisions.

Comtech is advancing its Public-sector communications with secure, software-defined SATCOM technologies. Its multi-orbit tactical modem, developed with L3Harris, supports connectivity across multiple satellite orbits. The company is also developing flexible systems to help government users maintain reliable communications in challenging environments.

Viasat's Price Performance, Valuation & EstimatesViasat shares have skyrocketed 120.9% over the past year compared with the industry’s growth of 29.2%.

Image Source: Zacks Investment Research

From a valuation standpoint, Viasat trades at a forward price-to-sales ratio of 1.98, below the industry tally of 4.98.

Image Source: Zacks Investment Research

Earnings estimates for 2027 have increased 60% to 32 cents over the past 60 days, while the same for 2028 has decreased 29.3% to 29 cents.

Image Source: Zacks Investment Research

Viasat currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Beacon Pointe Advisors LLC bought a new stake in shares of Northrop Grumman Corporation (NYSE:NOC – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 16,376 shares of the aerospace company’s stock, valued at approximately $8,341,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of NOC. Brighton Jones LLC grew its position in Northrop Grumman by 176.3% during the fourth quarter. Brighton Jones LLC now owns 2,970 shares of the aerospace company’s stock worth $1,394,000 after buying an additional 1,895 shares in the last quarter. Bison Wealth LLC boosted its position in shares of Northrop Grumman by 5.3% during the 4th quarter. Bison Wealth LLC now owns 641 shares of the aerospace company’s stock valued at $301,000 after acquiring an additional 32 shares during the last quarter. Woodline Partners LP grew its holdings in shares of Northrop Grumman by 367.7% during the first quarter. Woodline Partners LP now owns 2,516 shares of the aerospace company’s stock worth $1,288,000 after purchasing an additional 1,978 shares in the last quarter. AXA S.A. increased its position in shares of Northrop Grumman by 1,487.8% in the second quarter. AXA S.A. now owns 16,338 shares of the aerospace company’s stock worth $8,169,000 after purchasing an additional 15,309 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Northrop Grumman by 6.7% in the second quarter. NewEdge Advisors LLC now owns 8,865 shares of the aerospace company’s stock valued at $4,432,000 after purchasing an additional 553 shares in the last quarter. 83.40% of the stock is currently owned by institutional investors.

Insider Buying and Selling In other news, Director Mark A. Welsh III sold 95 shares of the stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $547.53, for a total value of $52,015.35. Following the completion of the transaction, the director owned 4,393 shares of the company’s stock, valued at approximately $2,405,299.29. This represents a 2.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by company insiders.

Analyst Ratings Changes Several equities research analysts have issued reports on the company. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $653.00 price target on shares of Northrop Grumman in a research note on Wednesday, August 5th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $620.00 target price on shares of Northrop Grumman in a research note on Wednesday, July 8th. Jefferies Financial Group reduced their price target on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a research report on Friday, June 26th. Weiss Ratings raised shares of Northrop Grumman from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Finally, Morgan Stanley set a $745.00 price objective on shares of Northrop Grumman in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Northrop Grumman currently has an average rating of “Moderate Buy” and a consensus target price of $661.30. View Our Latest Stock Report on Northrop Grumman

Northrop Grumman Trading Up 0.1% Shares of NOC opened at $545.83 on Friday. The stock has a market capitalization of $77.52 billion, a P/E ratio of 17.34, a PEG ratio of 3.53 and a beta of -0.11. Northrop Grumman Corporation has a twelve month low of $479.02 and a twelve month high of $774.00. The company has a quick ratio of 1.06, a current ratio of 1.17 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $542.33 and a two-hundred day simple moving average of $604.78.

Northrop Grumman (NYSE:NOC – Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, beating the consensus estimate of $6.82 by $0.86. The firm had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. Northrop Grumman had a net margin of 10.48% and a return on equity of 24.25%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. On average, research analysts anticipate that Northrop Grumman Corporation will post 28.97 EPS for the current year.

Northrop Grumman Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Monday, August 31st will be issued a $2.47 dividend. The ex-dividend date is Monday, August 31st. This represents a $9.88 annualized dividend and a yield of 1.8%. Northrop Grumman’s dividend payout ratio (DPR) is 31.39%.

(Free Report)

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.

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Fri 28 Aug 2026 ▪ 5 min read ▪ by Ghiles A.

Summarize this article with:

California takes a new crucial step in regulating memecoins and digital assets linked to Californian elected officials. Bill AB 2409, led by Avelino Valencia, distinguishes rules applicable to public officials and digital providers. After its adoption by the Senate on August 26, the Assembly unanimously validated the amendments. The bill still has to go through final formalities before being reviewed by Governor Gavin Newsom. It notably targets the issuance of tokens by certain individuals exercising public authority in California. A targeted ban for public officials

In brief The California Senate adopted AB 2409, a bill aiming to ban public officials from issuing derivative currencies. The Assembly unanimously validated the Senate’s amendments with 78 votes for and none against, before Governor Gavin Newsom’s review. The measure targets elected officials and certain public employees, particularly those holding decision-making power over contracts and calls for tender. The bill aims to prevent conflicts of interest, corruption risks, and circumvention of financial transparency rules. A targeted ban for public officials Bill AB 2409 proposes to prohibit any public official or concerned public sector employee from issuing a derivative currency. The rule targets memecoins when a public official offers a token in exchange for value. The bill considers issuance any making available of a token for purchase, gift, or exchange. This definition applies even without project promotion.

The definition of public official in the text covers individuals elected or appointed at the state and local government levels. It includes members of the California Legislative Assembly, as well as members of councils, commissions, and advisory committees. Memecoins are therefore not the only element targeted, as the measure more broadly addresses derivative currencies.

The provision concerning public employees adopts a narrower scope. It concerns employees of government entities holding decision-making power over calls for tenders and contracts. The bill would add these prohibitions to a new chapter of the California Government Code regarding prohibited digital financial transactions.

The law aims to limit conflicts of interest California lawmakers justify this restriction by citing the use of public authority. According to the text, public officials should not exploit their position to enrich themselves. The issuance or promotion of memecoins could create conflicts of interest and risks of corruption. The provision also mentions exploitation and foreign influence.

Avelino Valencia had already defended this logic in April during the bill’s review by the assembly’s banking and finance committee. He explained that platforms facilitated the creation of cryptocurrencies based on memes. According to him, this ease could allow ill-intentioned individuals to circumvent existing rules. These rules concern financial transparency and conflicts of interest.

In this context, memecoins become a specific case in the debate over the political use of digital assets. However, the law does not only target tokens inspired by memes. Its mechanism relies on the status of the person issuing a currency and their public authority. The bill therefore seeks to regulate the relationship between public service, digital transactions, and financial interests.

The vote paves the way for the governor’s review The California Senate adopted AB 2409 on August 26. The Assembly then approved the Senate’s amendments by 78 votes to none. After this stage, the bill was sent for finalization. It must now be submitted to Governor Gavin Newsom.

The timing comes as some memecoins linked to public officials have caused losses. The report from Public Citizen estimates losses for investors in the Official Trump token at 3.2 billion dollars. The majority of these losses would remain hidden. TRUMP ranks fifth among memecoins, with a market capitalization of 688 million dollars, according to CoinMarketCap data.

In the most recent week mentioned, TRUMP had increased by 53%. This rise followed a 67% drop over the past year. The Trump family’s activities in cryptocurrencies have also created challenges around the US CLARITY Act. A bipartisan, non-public ethics amendment could allow Trump to defer capital gains tax on mandatory sales.

Everything now depends on the governor’s review and the final stages. If the bill continues its course, memecoins issued by public officials could be specifically banned in California. AB 2409 would thus strengthen cryptocurrency regulation by establishing a boundary between public service and digital currency issuance. Its development will indicate how the state intends to regulate these instruments in the future.

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Ghiles A.

Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Aster Listing Fuels Sharp RallyBNB Chain's Niu Lai memecoin hit an all-time high of $0.1388 on Aug. 31, adding roughly 40% in 24 hours and about 650% over the past 30 days. The immediate catalyst was its listing on the Aster perpetual contracts market. On Aug. 30, on-chain tracker Lookonchain reported that Niu Lai surged more than 510% after being listed on Aster DEX perpetuals, with one trader opening a 5x long worth about $111,000 and showing a $49,500 unrealized profit.

According to CoinGecko, the token now carries a market capitalisation of roughly $113.8 million, with its fully diluted valuation at the same level given that all 1 billion tokens are already in circulation.

The Viral Film Behind the TokenThe memecoin takes its name from a low-budget Chinese animated film that became one of the more unusual cultural stories of 2026. Niu Lai is a 2026 Chinese animated film directed by Xin Yumeng and written by Sun Lifang, produced by Dalian Jingyuan Culture Film and Television Media, formerly an interior design company. Initial box office sales struggled, earning around 7,000 yuan in its opening week, before the film gained sudden notoriety for its low-quality animation and the ridicule it received turned it into a viral phenomenon on Chinese social media.

The film, made by a mother and son, follows the journey of a calf named Niu Lai and was crafted frame by frame over five years. The film's title is also a pun in Chinese, sounding like "the bull market comes," which added a layer of speculative appeal for crypto traders.

Niu Lai is a community-driven memecoin on BNB Smart Chain whose entire narrative is built on a viral internet moment rather than on technology or utility. Risks include market volatility, liquidity conditions, smart contract vulnerabilities, and the absence of a verified official connection between the token and the film's creators, making it best characterised as a culture-driven BNB Chain memecoin rather than an official digital asset associated with the film.

Sources:
Blockchain Reporter: Aster Listing Sends Niu Lai Token Up 510%
Wikipedia: Niu Lai (film)
Hong Kong Free Press: Niu Lai becomes surprise Chinese hit

Bank of New York Mellon Corp purchased a new position in Wheaton Precious Metals Corp. (NYSE:WPM – Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 475,727 shares of the company’s stock, valued at approximately $53,434,000. Bank of New York Mellon Corp owned 0.10% of Wheaton Precious Metals at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of WPM. Cornerstone Planning Group LLC increased its stake in shares of Wheaton Precious Metals by 245.5% in the first quarter. Cornerstone Planning Group LLC now owns 228 shares of the company’s stock worth $29,000 after acquiring an additional 162 shares during the period. Harvest Fund Management Co. Ltd lifted its position in Wheaton Precious Metals by 100.0% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 234 shares of the company’s stock valued at $27,000 after purchasing an additional 117 shares during the period. Hollencrest Capital Management lifted its position in Wheaton Precious Metals by 73.5% during the first quarter. Hollencrest Capital Management now owns 236 shares of the company’s stock valued at $31,000 after purchasing an additional 100 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new stake in Wheaton Precious Metals in the fourth quarter valued at $28,000. Finally, Navalign LLC purchased a new stake in Wheaton Precious Metals in the fourth quarter valued at $30,000. 70.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets A number of equities analysts have weighed in on WPM shares. Bank of America reduced their price objective on Wheaton Precious Metals from $163.00 to $145.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Weiss Ratings downgraded Wheaton Precious Metals from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. Berenberg Bank set a $157.00 target price on Wheaton Precious Metals in a report on Tuesday, July 28th. Wall Street Zen cut Wheaton Precious Metals from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Jefferies Financial Group decreased their price target on Wheaton Precious Metals from $182.00 to $177.00 and set a “buy” rating for the company in a report on Monday, July 6th. Twelve research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Wheaton Precious Metals has a consensus rating of “Moderate Buy” and an average target price of $165.55.

Check Out Our Latest Report on WPM Wheaton Precious Metals Price Performance Shares of Wheaton Precious Metals stock opened at $158.26 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.20. Wheaton Precious Metals Corp. has a twelve month low of $92.57 and a twelve month high of $165.76. The business has a 50-day moving average price of $121.93 and a 200 day moving average price of $131.13. The firm has a market cap of $71.88 billion, a PE ratio of 35.09, a P/E/G ratio of 2.76 and a beta of 0.55.

Wheaton Precious Metals (NYSE:WPM – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $0.04. The company had revenue of $878.00 million for the quarter, compared to the consensus estimate of $879.29 million. Wheaton Precious Metals had a return on equity of 21.97% and a net margin of 64.66%.Wheaton Precious Metals’s revenue for the quarter was up 84.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.63 earnings per share. Sell-side analysts predict that Wheaton Precious Metals Corp. will post 4.79 earnings per share for the current fiscal year.

Wheaton Precious Metals Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.195 per share. The ex-dividend date is Thursday, August 20th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.5%. Wheaton Precious Metals’s dividend payout ratio (DPR) is 17.29%.

(Free Report)

Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company that acquires and manages long-term purchase agreements for metals produced by mining companies. Rather than operating mines, Wheaton provides upfront and ongoing financing to miners in exchange for the right to purchase a portion of the metals produced — typically silver and gold, and occasionally other precious metals — at predetermined prices. This streaming business model offers investors exposure to metal production with reduced operating and capital-cost risk compared with traditional mining companies.

The company’s activities center on structuring and maintaining a diversified portfolio of streaming agreements across multiple jurisdictions.

Featured Articles Five stocks we like better than Wheaton Precious Metals Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape SEC Probe Puts Wall Street Leverage Risk Back in Focus A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole Five Below’s Turnaround Is Working—But Has the Stock Run Too Far? Want to see what other hedge funds are holding WPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wheaton Precious Metals Corp. (NYSE:WPM – Free Report).

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Key Takeaways IBKR's Daol tie-up expands Korean investors' access to global equities through Daol's platform.The partnership leverages Daol's local reach and IBKR's technology and infrastructure for global investing.IBKR's July DARTs rose 27% year over year, while client accounts increased 34% to 5.32 million. Interactive Brokers Group, Inc. (IBKR - Free Report) is expanding its global footprint. Through a strategic collaboration with Daol Investment & Securities, the company will provide eligible South Korean investors with cost-effective access to global equities.

Interactive Brokers continues to expand its international platform to capture rising cross-border investing. In May 2026, the company enabled eligible clients to trade Korea Exchange-listed equities, followed by the launch of Nextrade in June.

The Daol partnership aligns with IBKR’s technology-driven brokerage model. By working with Daol, the company will likely be able to leverage its local market presence and client relationships while providing the technology and infrastructure required for international investing. The collaboration also reinforces the company’s white-label and introducing-broker capabilities, providing a scalable avenue to expand client reach and trading activity.

Daol plans to expand access to markets, derivatives, and direct-investment services in South Korea for overseas investors, creating an opportunity for a broader two-way global investment platform. For IBKR, greater adoption of international products could drive higher trading volumes and increase utilization of its brokerage infrastructure. Its introducing-broker offering provides access to more than 170 markets, real-time risk management and monitoring, and competitive pricing without ticket charges or minimums. Interactive Brokers also carries no technology, software, platform, or reporting fees, strengthening its value proposition for institutional partners.

IBKR’s strong operating momentum further supports growth opportunity. In July 2026, daily average revenue trades increased 27% year over year to 4.43 million, while client accounts rose 34% to 5.32 million. Client equity grew 32% to $906.7 billion, and margin loan balances jumped 49% to $100.7 billion. Continued growth in accounts, client assets, and trading activity highlights strong platform engagement.

Though the Daol collaboration is not expected to impact IBKR’s near-term financial results, it could support long-term growth by expanding the company’s South Korean client reach and increasing trading activity.

Our Take on IBKRThe Daol collaboration is a positive strategic development for Interactive Brokers. It strengthens the company’s presence in South Korea while demonstrating the scalability of its technology-led model. This, combined with strong account growth and rising trading activity, will support the company’s long-term international expansion strategy.

Over the past year, shares of IBKR have gained 48.3%, significantly outperforming the industry's 22.9% increase.

One-Year Price Performance

Image Source: Zacks Investment Research

At present, Interactive Brokers sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Business Expansion Efforts by Other Financial FirmsIn August 2026, Banco Santander S.A. (SAN - Free Report) completed the acquisition of Webster Financial, creating a larger and more diversified U.S. banking franchise. The $12.3 billion deal expands SAN’s scale, strengthens its Northeast presence, and enhances its commercial banking and deposit capabilities.

The acquisition supports SAN’s strategy of expanding its U.S. franchise and is expected to generate around $800 million in annual pre-tax cost synergies and 7-8% EPS accretion by 2028.

Likewise, T. Rowe Price Group, Inc. (TROW - Free Report) agreed to acquire F/m Investments LLC, a fixed-income asset manager and exchange-traded fund (ETF) specialist with approximately $19 billion in assets under management (AUM). The deal will strengthen TROW’s fixed-income capabilities, expand its ETF and separately managed account offerings, and diversify its investment platform beyond traditional mutual funds.

The acquisition is expected to increase TROW’s fixed-income AUM by nearly 9% and more than double its fixed-income ETF AUM, supporting its strategy to capture growing demand for ETFs and customized investment solutions.

Key Takeaways IBKR shares have risen 50.1% YTD, driven by strong results, client growth and elevated trading activity.IBKR's automated platform and product innovation support revenue growth and operating leverage.IBKR's global expansion and $7.7B cash position support long-term growth and shareholder return. Interactive Brokers (IBKR - Free Report) stock has gained strongly so far in 2026, aided by robust first-half results, accelerating client growth and elevated trading activity. IBKR shares have rallied 50.1%, outperforming the industry’s 11.3% growth and the S&P 500 Index’s 11.7% rise.

Moreover, IBKR’s price performance has been better than that of its close peers, Charles Schwab (SCHW - Free Report) and Tradeweb Markets Inc. (TW - Free Report) . The Schwab stock has gained 8.1% so far this year, whereas shares of Tradeweb Markets have appreciated only 0.5%.

YTD Price Performance
Image Source: Zacks Investment Research

Does the Interactive Brokers stock have more upside left despite showing recent strength in price? Let us dig into its fundamentals and growth prospects to get a clear picture.

What’s Supporting Interactive Brokers?Technology-Driven Operating Leverage: IBKR’s position at the intersection of the long-running shift toward electronic trading and growing demand for global, multi-asset investing remains a key strength. Its highly automated platform provides access to stocks, options, futures, currencies, bonds, funds and digital assets across more than 170 market centers in 40 countries and 29 currencies, allowing the company to expand volumes and its geographic reach without a proportionate increase in operating costs.

Unlike many peers, compensation expenses were 9.8% of net revenues in the first half of 2026, reflecting the efficiency of its technology-led operating model.

The company’s continued investment in proprietary software and automation has supported strong and consistent revenue growth. Total net revenues saw a compound annual growth rate (CAGR) of 22.8% over 2020-2025, driven by higher interest income, commissions and ongoing business expansion. This momentum continued in the first half of 2026, aided by robust trading activity and sustained client engagement.

Revenue Trend
Image Source: Zacks Investment Research

Going forward, solid daily average revenue trade levels, continued account growth and a favorable trading backdrop should support revenue expansion and reinforce the scalability of the company’s technology-driven platform.

The Zacks Consensus Estimate for IBKR’s 2026 and 2027 revenues is $7.26 billion and $8.23 billion, which indicates year-over-year growth of 18% and 13.4%, respectively.

Revenue Growth Estimates
Image Source: Zacks Investment Research

Continued Product Innovation: Interactive Brokers continues to broaden its product suite and enhance platform capabilities, helping expand its addressable client base, deepen engagement and diversify fee-generating opportunities.

So far this year, the company has expanded its cryptocurrency offering by adding nine tokens through zerohash and three through Paxos, while enabling eligible clients to transfer funds to external wallets through stablecoins. It also launched a unified prediction-markets interface that allows eligible clients to compare and trade contracts across Kalshi, CME Group and ForecastEx from a single platform.

Interactive Brokers has rapidly expanded its AI capabilities. After initially integrating Anthropic’s Claude, it added ChatGPT and Grok and subsequently opened connectivity to virtually any AI application supporting the Model Context Protocol, enabling clients to use their preferred AI tools for portfolio analysis, research and trade-instruction generation. These initiatives build on stablecoin funding, expanded derivatives access and existing tools such as Ask IBKR and AI-powered research features.

The continued rollout of differentiated products should strengthen client retention, increase platform use and create incremental revenue opportunities while helping Interactive Brokers remain competitive in the rapidly evolving electronic brokerage industry.

Expanding Global Footprint: Interactive Brokers continues to broaden its international platform to capitalize on rising cross-border investing and wealth creation across emerging and developed markets. So far in 2026, the company has expanded market access by enabling eligible clients to trade Romanian equities on the Bucharest Stock Exchange, Korean equities through the Korea Exchange and Nextrade, and Brazilian futures.

It also introduced a funding solution for Latin American clients through its collaboration with Paysafe’s SafetyPay. These initiatives build on its 2025 expansion into Brazilian and UAE equities, broader access to Bursa Malaysia and continued growth efforts across Taiwan, Mexico, India and Europe.

IBKR has also widened its digital-asset footprint, extending cryptocurrency trading beyond Hong Kong to the U.K. A broader geographic and product reach should attract clients, deepen engagement among existing customers and diversify trading activity across markets, supporting sustained account and revenue growth over the long term.

Strong Balance Sheet & Shareholder Returns: Interactive Brokers maintains a solid capital position while steadily enhancing shareholder returns. In April 2026, the company raised its quarterly dividend 9.4%, following increases of 28% in 2025 and 150% in 2024, underscoring management’s confidence in its earnings and cash-generation capacity.

Its June 2025 four-for-one stock split also improved share accessibility without affecting underlying fundamentals. The company relies on minimal debt to fund operations and ended the second quarter of 2026 with $7.7 billion in cash and cash equivalents.

This strong liquidity position provides ample flexibility to meet regulatory capital requirements, fund technology and platform investments, and continue returning capital to shareholders over time.

What’s Hurting IBKR’s Growth?Elevated Expense Base: Non-interest expenses have trended higher over time as Interactive Brokers invests in product expansion, technology and distribution. While expenses declined in 2025, the metric witnessed a CAGR of 8.3% over the last five years (2020-2025). The increase has primarily been due to higher execution, clearing and distribution fees. The uptrend persisted in the first half of 2026.

Expense Trend
Image Source: Zacks Investment Research

Continued investments in franchises, the launch of products and services, higher marketing spend, and the upgrade of technology are expected to keep expenses elevated as the platform expands and regulation evolves.

Geographic & Regulatory Risks: Interactive Brokers’ extensive global presence exposes it to regulatory, political, currency and economic risks across multiple jurisdictions, with more than 35% of net revenues generated from overseas operations.

Differences in local regulations, foreign exchange volatility and uneven economic conditions can affect trading activity and profitability. Continued expansion into newer offerings such as cryptocurrencies and prediction markets may increase compliance requirements, technology investment and operational complexity.

These factors could raise costs and weigh on margins, particularly as the company continues expanding across markets with evolving regulatory frameworks.

Final Thoughts on IBKR StockInteractive Brokers remains well-positioned for growth in the current volatile operating environment. While the company’s profitability is expected to be hampered because of elevated expenses, its strong technological capabilities and diversified product offerings enhance its global reach, supporting long-term growth.

Also, rapidly evolving trends will benefit the company’s revenues and expand its market share.

Over the past 60 days, the Zacks Consensus Estimate for the company’s 2026 and 2027 earnings has moved upward. The estimates reflect year-over-year growth rates of 22.8% and 18% for 2026 and 2027, respectively.

Earnings Estimate Revision
Image Source: Zacks Investment Research

The upward earnings estimate revisions reflect that analysts are optimistic regarding IBKR’s earnings growth potential. Thus, it seems to be a wise idea to invest in the stock now.

At present, IBKR sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

It has been about a month since the last earnings report for Woodward (WWD - Free Report) . Shares have lost about 2.8% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Woodward due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

WWD Q3 Earnings Beat on Aerospace and Industrial Strength

Woodward reported third-quarter fiscal 2026 adjusted earnings of $2.52 per share, up 43.2% year over year. The bottom line beat the Zacks Consensus Estimate of $2.39 by 5.4%.

Net sales rose 21.2% to $1.11 billion but missed the consensus mark of $1.114 billion by 0.4%. Commercial OEM sales surged 34%, while demand remained broad across Woodward's Industrial markets.

Aerospace Sales Accelerate

Aerospace sales increased 19% to $709 million. Commercial OEM revenues reached $234 million as aircraft production rates increased, while commercial services generated $268 million on continued legacy aircraft servicing and growing LEAP and GTF activity. Management said service inputs remained steady to higher across newer engine platforms.

Defense OEM sales declined 6% to $141 million because of a one-time revenue recognition adjustment. Excluding that item, sales would have grown in the mid-single digits. Defense services rose 20% to $66 million. Segment earnings advanced 35% to $170 million, and margin expanded 290 basis points (bps) to 24%. A retroactive contract pricing adjustment added about 100 bps to the margin.

Industrial Growth Broadens

Industrial sales climbed 26% to $401 million. Transportation revenues increased 40% to $180 million, aided by strong marine demand and $40 million of China on-highway sales. Power generation rose 19% to $145 million on robust data-center demand for prime and backup power.

Oil and gas revenues advanced 11% to $76 million, supported by liquefied natural gas infrastructure activity and improving upstream capital spending.
Industrial earnings jumped 86% to $88 million, while margin expanded 720 bps to 22.1%. China on-highway contributed about 90 bps to the margin. Core Industrial sales, which exclude that business, grew 19% to $361 million.

Pricing and Productivity Support Profits

Adjusted EBITDA increased 50% to $249 million, while adjusted EBIT rose 58% to $217 million. Total costs and expenses were $916.2 million compared with $788.6 million a year earlier. Profitability benefited from higher volume and pricing, partly offset by inflation, unfavorable mix and a higher tax burden. The adjusted effective tax rate rose to 24.2% from 14.5%.

Companywide price realization was 10% in the quarter. Management expects full-year pricing of about 8%, with a more normal 3-5% range going forward. Lean initiatives are beginning to improve factory productivity. Automation across machining, inspection and material handling is intended to reduce the need for roughly 1,000 incremental hires by 2029.

Cash Flow Funds Capacity Expansion

Net cash provided by operating activities increased 17% to $147 million. Free cash flow declined 12% to $87 million as capital expenditures more than doubled to $60 million. Management expects spending to rise sharply in the fourth quarter, mainly to finish the Spartanburg facility and purchase equipment for the A350 spoiler program.

Woodward ended June with $475 million in cash and cash equivalents and $1.34 billion of total debt. EBITDA leverage was 1.6 times. Through nine months, operating cash flow reached $352 million and free cash flow totaled $196 million. The company returned $608 million to shareholders, including $553 million through repurchases and $55 million through dividends.

Fiscal 2026 Outlook

WWD raised its fiscal 2026 adjusted earnings guidance to $9.30-$9.50 per share from $9.15-$9.45. The company maintained its sales growth outlook of 20-23%, free cash flow forecast of $300-$350 million and capital expenditure plan of approximately $290 million. It expects to return about $700 million to shareholders for the full year.

Aerospace sales are now expected to grow 21-23%, with a segment margin of about 23.5%. Industrial sales growth is projected at 19-21%, up from 18-20%, while segment margin is expected to reach roughly 19%. The adjusted effective tax rate forecast increased to approximately 22.5%.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in estimates review.

VGM ScoresAt this time, Woodward has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. Charting a somewhat similar path, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Woodward has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Among the conditions, the Company must demonstrate compliance with the minimum bid price requirement by September 21, 2026 and the stockholders' equity requirement by October 30, 2026Tokyo, Japan--(Newsfile Corp. - August 25, 2026) - TNL Mediagene (NASDAQ: TNMG) (the "Company"), a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia, today announced that on August 23, 2026, the Company received a written decision from the Nasdaq Hearings Panel (the "Panel") of The Nasdaq Stock Market LLC ("Nasdaq") granting the Company's request for continued listing on The Nasdaq Capital Market, subject to the Company's satisfaction of certain conditions. Those conditions include the following:

On or before September 21, 2026, the Company must demonstrate compliance with the Listing Rule 5550(a)(2) (the "Bid Price Rule"); and On or before October 30, 2026, the Company must demonstrate compliance with the Listing Rule 5550(b)(1) (the "Equity Rule").The Panel's decision also requires the Company to provide prompt notification of any significant events occurring during the exception period that may affect the Company's compliance with Nasdaq requirements, including any event that may call into question the Company's ability to meet the terms of the exception granted. The Panel has reserved the right to reconsider the terms of the exception based on any event, condition or circumstance that exists or develops that would, in the opinion of the Panel, make continued listing of the Company's securities on Nasdaq inadvisable or unwarranted. The foregoing summarizes certain terms of the Panel's decision and does not describe all of the terms and conditions of the decision.

The Panel's decision follows a hearing held on August 4, 2026, at which the Company presented its plan to regain compliance with the Bid Price Rule and the Equity Rule. The Company's ordinary shares will continue to be listed and traded on Nasdaq under the symbol "TNMG" during the exception period, subject to the Company's satisfaction of the conditions set forth in the Panel's decision. Any compliance submission by the Company will be subject to review by the Panel. There can be no assurance that the Company will satisfy the conditions of the Panel's decision or otherwise regain compliance with the applicable listing requirements, and a failure to do so would result in the delisting of the Company's securities from Nasdaq.

On June 22, 2026, the Company received a determination letter (the "Determination Letter") from the staff of the Listing Qualifications Department of Nasdaq notifying the Company of the staff's determination to delist the Company's securities from The Nasdaq Capital Market as a result of the Company's failure to regain compliance with the Bid Price Rule and the Company's previously notified non-compliance with the Equity Rule, as described in the Company's press release dated June 26, 2026. On June 29, 2026, the Company requested a hearing before the Panel. On July 1, 2026, Nasdaq notified the Company that the hearing request had been granted and scheduled the hearing for August 4, 2026.

About TNL Mediagene

Headquartered in Tokyo, TNL Mediagene (NASDAQ: TNMG) is a technology and digital media company providing AI-driven advertising, marketing technology, content commerce and data analytics solutions, and operating multi-language digital media brands across Asia. Formed in May 2023 through the merger of Japan's Mediagene Inc. and Taiwan's The News Lens Co., Ltd., the Company combines advertising and marketing technology platforms with a portfolio of established digital media brands to deliver integrated solutions for the evolving digital landscape.

The Company's technology offerings include AI-driven advertising, marketing and digital studio services, content commerce, and advanced data analytics capabilities. These solutions are supported by the Company's well-established multi-language digital media brands in Japanese, Chinese, and English, spanning business, technology, lifestyle, and culture, which provide audience engagement and first-party data.

Known for its appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 480 employees with offices in Japan and Taiwan.

https://www.tnlmediagene.com/

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "aim," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements regarding the Company's ability to satisfy the conditions of the Panel's decision and to regain and maintain compliance with Nasdaq's continued listing requirements, and the potential delisting of the Company's securities from Nasdaq. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission, including the risks and uncertainties set forth under the heading "Risk Factors" in TNL Mediagene's FY2025 Annual Report on Form 20-F filed on April 30, 2026, as may be supplemented or amended by the TNL Mediagene's Reports of a Foreign Private Issuer on Form 6-K. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311390

Source: TNL Mediagene

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Bank of New York Mellon Corp purchased a new position in shares of OneMain Holdings, Inc. (NYSE:OMF – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,049,364 shares of the financial services provider’s stock, valued at approximately $63,980,000. Bank of New York Mellon Corp owned approximately 0.91% of OneMain as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. CIBC Private Wealth Group LLC grew its stake in shares of OneMain by 117.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 374 shares of the financial services provider’s stock valued at $25,000 after buying an additional 202 shares in the last quarter. Core Wealth Advisors LLC acquired a new position in OneMain during the 4th quarter worth about $31,000. Atlantic Union Bankshares Corp acquired a new position in OneMain during the 4th quarter worth about $36,000. Transamerica Financial Advisors LLC boosted its holdings in OneMain by 88.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 670 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 314 shares during the period. Finally, Sunbelt Securities Inc. purchased a new position in OneMain during the 3rd quarter valued at about $46,000. 85.82% of the stock is currently owned by hedge funds and other institutional investors.

OneMain Price Performance OMF opened at $63.25 on Thursday. OneMain Holdings, Inc. has a 12 month low of $45.78 and a 12 month high of $71.93. The stock has a market capitalization of $7.28 billion, a price-to-earnings ratio of 9.53, a PEG ratio of 0.48 and a beta of 1.21. The business has a fifty day moving average price of $61.57 and a 200 day moving average price of $57.56.

OneMain (NYSE:OMF – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.05. The company had revenue of $1.62 billion for the quarter, compared to analyst estimates of $1.28 billion. OneMain had a return on equity of 23.49% and a net margin of 13.92%.OneMain’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.45 EPS. On average, research analysts anticipate that OneMain Holdings, Inc. will post 7.11 earnings per share for the current year. OneMain Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 10th were paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date was Monday, August 10th. OneMain’s dividend payout ratio is presently 63.25%.

Wall Street Analysts Forecast Growth Several equities analysts have weighed in on OMF shares. TD Cowen lifted their target price on OneMain from $66.00 to $68.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Citigroup reissued a “market outperform” rating on shares of OneMain in a research report on Thursday, July 30th. Citizens Jmp raised their price objective on shares of OneMain from $68.00 to $70.00 and gave the company a “market outperform” rating in a research note on Thursday, July 30th. Evercore set a $66.00 price objective on shares of OneMain in a report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of OneMain in a research note on Friday, July 10th. Eight equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $68.40.

Get Our Latest Report on OneMain

Insider Buying and Selling In related news, SVP Michael A. Hedlund sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $64.00, for a total value of $160,000.00. Following the sale, the senior vice president owned 10,627 shares of the company’s stock, valued at $680,128. This trade represents a 19.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Micah R. Conrad sold 5,000 shares of OneMain stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $65.40, for a total transaction of $327,000.00. Following the completion of the transaction, the chief operating officer owned 91,250 shares of the company’s stock, valued at $5,967,750. This represents a 5.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,348 shares of company stock worth $911,576 over the last 90 days. Insiders own 0.29% of the company’s stock.

OneMain Profile (Free Report)

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.

Read More Five stocks we like better than OneMain Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise Alcoa’s Gallium Project Opens a New Door Beyond Aluminum Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech Can Tesla’s Flying Roadster Distract From Its Real Risks? Want to see what other hedge funds are holding OMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for OneMain Holdings, Inc. (NYSE:OMF – Free Report).

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Q2 comparable brand revenue +6.2%
GAAP operating margin of 22.9%; non-GAAP operating margin of 17.3%
GAAP diluted EPS of $2.84; non-GAAP diluted EPS of $2.10
Raises full-year 2026 outlook

SAN FRANCISCO--(BUSINESS WIRE)--Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the second quarter ended August 2, 2026 versus the second quarter ended August 3, 2025.

“We delivered a very strong second quarter. In Q2, our comp came in at 6.2%, with total revenue growth of 6.7%, and we drove an operating margin of 17.3% with earnings per share of $2.10. Every brand delivered again in the quarter, driven by strong execution across our brands, our channels, and our team,” said Laura Alber, President and Chief Executive Officer.

Alber concluded, “Our strategies continue to gain momentum, and our results reflect the power of our execution. We gained market share, continued to outperform the industry, and raised our annual outlook on both the top and bottom lines. We are delivering compounding results despite the housing market and other macroeconomic events, and we remain confident in our priorities and plans for the remainder of 2026 and beyond.”

SECOND QUARTER 2026 HIGHLIGHTS

Comparable brand revenue +6.2%. Gross margin of 51.6% on a GAAP basis, +450bps to LY driven by (i) IEEPA tariff refunds, net of tariff-related vendor concessions, of +610bps, (ii) occupancy leverage of +40bps, and (iii) supply chain efficiencies of +30bps, partially offset by (iv) lower merchandise margins of -230bps primarily driven by tariff costs. Occupancy costs of $208 million, +3.3% to LY. Gross margin of 45.5% on a non-GAAP basis, -160bps to LY driven by (i) lower merchandise margins of -230bps primarily driven by tariff costs, partially offset by (ii) supply chain efficiencies of +30bps, and (iii) occupancy leverage of +40bps. Occupancy costs of $208 million, +3.3% to LY. SG&A rate of 28.7% on a GAAP basis, -50bps to LY driven by (i) employment expense leverage, net of a one-time tariff-related employee recognition cost in the form of a discretionary 401(k) contribution, of -70bps, partially offset by (ii) higher general expenses of +10bps, and (iii) higher advertising expenses of +10bps. SG&A of $563 million, +5.0% to LY on a GAAP basis. SG&A rate of 28.2% on a non-GAAP basis, -100bps to LY driven by (i) employment expense leverage of -120bps, partially offset by (ii) higher general expenses of +10bps, and (iii) higher advertising expenses of +10bps. SG&A of $553 million, +3.1% to LY on a non-GAAP basis. Operating income of $449 million with an operating margin of 22.9% on a GAAP basis; or $338 million with an operating margin of 17.3% on a non-GAAP basis. +500bps to LY on a GAAP basis and -60bps to LY on a non-GAAP basis. GAAP diluted EPS of $2.84 per share, or $2.10 on a non-GAAP basis. +42.0% to LY on a GAAP basis and +5.0% to LY on a non-GAAP basis. Merchandise inventories +1.0% to the second quarter LY to $1.45 billion, net of $29.3 million of deferred tariff refund income recorded as a reduction of inventory. Maintained strong liquidity position of $1.0 billion in cash and $696 million in operating cash flow, inclusive of the collection of $200.2 million of tariff refunds and the related interest, enabling the company to deliver returns to stockholders of $90 million through dividends. TARIFF REFUND

During the second quarter of fiscal 2026, we recognized income from the refund of previously paid International Emergency Economic Powers Act (“IEEPA”) tariffs. During the quarter, we recorded (i) a reduction of cost of goods sold of $167.8 million related to refunds received for tariffs that have been previously expensed and (ii) related interest income of $6.3 million. This income was partially offset by (i) a provision of $47.5 million to reimburse certain merchandise vendors that previously provided tariff-related concessions and (ii) a one-time tariff-related employee recognition cost of $10.0 million, in the form of a discretionary 401(k) contribution to all eligible employees. As of August 2, 2026, we deferred $29.3 million of the tariff refund income as a reduction of merchandise inventories, which we anticipate recognizing as a reduction to cost of goods sold in the third quarter of fiscal 2026. Substantially all of our initial refund claim of $197.8 million has been collected as of August 2, 2026, with a remaining tariff refund receivable of $3.2 million. We have adjusted all of these tariff-related items as non-GAAP adjustments. See Exhibit 1 for our GAAP to non-GAAP reconciliation.

OUTLOOK

We are raising our fiscal 2026 guidance to reflect our year-to-date strong performance. In fiscal 2026, we now expect annual net revenues in the range of +4.7% to +7.2%, with comps in the range of +4.0% to +6.5%; and an operating margin, on a non-GAAP basis, between 17.8% to 18.2%. Our guidance assumes (i) all tariffs currently in place will remain for fiscal 2026, including the Section 232 tariffs, the existing Section 301 tariffs, the new Section 301 tariffs announced on July 23rd, and the latest tariffs between Canada and the United States, (ii) oil prices will remain elevated for the remainder of the year, and (iii) no benefit from tariff refunds or related interest. For fiscal 2026, we expect annual interest income of approximately $25 million and an effective tax rate of approximately 26%, both on a non-GAAP basis. Over the long term, we continue to expect mid-to-high single-digit annual net revenue growth with an operating margin in the mid-to-high teens. CONFERENCE CALL AND WEBCAST INFORMATION

Williams-Sonoma, Inc. will host a live conference call today, August 26, 2026, at 7:00 A.M. (PT). The call will be open to the general public via live webcast and can be accessed at http://ir.williams-sonomainc.com/events. A replay of the webcast will be available at http://ir.williams-sonomainc.com/events.

SEC REGULATION G — NON-GAAP INFORMATION

This press release and our accompanying earnings call include non-GAAP financial measures. Exhibit 1 provides reconciliations of these non-GAAP financial measures to the most comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the U.S. (“GAAP”). We have not provided a reconciliation of non-GAAP measures to the most directly comparable GAAP measures on a forward-looking basis as we cannot do so without unreasonable efforts due to the potential variability and limited visibility of excluded items; these excluded items may include exit costs, reduction-in-force initiatives, impairment, early termination charges and other non-recurring or non-operational income or expenses. For the same reasons, we are unable to address the probable significance of any such excluded items. We believe that these non-GAAP financial measures, when reviewed in conjunction with GAAP financial measures, can provide meaningful supplemental information for investors regarding the performance of our business and facilitate a meaningful evaluation of current period performance on a comparable basis with prior periods. Our management uses these non-GAAP financial measures in order to have comparable financial results to analyze changes in our underlying business from quarter to quarter. In addition, certain other items may be excluded from non-GAAP financial measures when the company believes this provides greater clarity to management and investors. These non-GAAP financial measures should be considered as a supplement to, and not as a substitute for or superior to the GAAP financial measures presented in this press release and our financial statements and other publicly filed reports. Such non-GAAP measures may not be comparable to similarly titled measures used by other companies.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or are proven incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements include, among other things, statements in the quotes of our President and Chief Executive Officer, our fiscal year 2026 outlook and long-term financial targets, and statements regarding our industry trends and business strategies.

The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include: our ability to provide products that are designed and built for durability and longevity at competitive prices; changes in and the related impact of U.S. (federal, state and local) and international tax laws, trade policies and regulations; our ability to mitigate current and future tariffs; factors, including but not limited to general economic conditions, inflationary pressures, consumer disposable income, rising fuel prices, recession and fears of recession, unemployment, war and fears of war, adverse weather, availability of consumer credit, conditions in the housing market, elevated interest rates, and consumer confidence in current and future economic conditions that can affect consumer spending; the plans, strategies, initiatives and objectives of management for future operations; our ability to execute strategic priorities and growth initiatives; our beliefs about our competitive advantages and areas of potential future growth in the market; the impact of periods of decreased home purchases; our ability to anticipate consumer preferences and buying trends; factors, including but not limited to fuel costs, labor disputes, union organizing activity, geopolitical instability, and acts of terrorism and war, that can affect the global supply chain; effective inventory management; timely and effective sourcing and delivery of merchandise from our suppliers; our ability to respond to the growing use of and to adopt new technologies, including artificial intelligence; our belief in the reasonableness of the steps taken by us and our suppliers to protect the security and confidentiality of the information we collect; multi-channel and multi-brand complexities; our brands, products, retail and related initiatives, including our ability to introduce new products, product lines, brands and brand extensions, and bring in new customers; challenges associated with our global presence and expansion efforts; our ability to control employment, advertising, occupancy, and other operating costs; payment of dividends; our ability to drive long-term sustainable returns; our capital allocation strategy in fiscal 2026; our planned use of cash in fiscal 2026; projections of earnings, revenues, growth and other financial items; and other risks and uncertainties described more fully in our public announcements, reports to stockholders and other documents filed with or furnished to the SEC, including our Annual Report on Form 10-K for the fiscal year ended February 1, 2026 and all subsequent quarterly reports on Form 10-Q and current reports on Form 8-K. We have not filed our Form 10-Q for the quarter ended August 2, 2026. As a result, all financial results described here should be considered preliminary, and are subject to change to reflect any necessary adjustments or changes in accounting estimates that are identified prior to the time we file the Form 10-Q. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.

ABOUT WILLIAMS-SONOMA, INC.

Williams-Sonoma, Inc. is the world’s largest digital-first, design-led and sustainable home retailer. The company’s brands — Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, GreenRow, and Dormify — represent distinct merchandise strategies that are marketed through e-commerce, direct-mail catalogs, retail stores, and business-to-business. These brands collectively support The Key Rewards, our loyalty and credit card program that offers members exclusive benefits. We operate in the U.S., Puerto Rico, Canada, Australia and the United Kingdom, and have unaffiliated franchisees that operate stores in Mexico, South Korea, India and the Philippines.

WSM-IR

Condensed Consolidated Statements of Earnings (unaudited)

  For the Thirteen Weeks Ended

For the Twenty-six Weeks Ended

August 2, 2026

August 3, 2025

August 2, 2026

August 3, 2025

(In thousands, except per share amounts)

$

% of Net

revenues

$

% of Net

revenues

$

% of Net

revenues

$

% of Net

revenues

Net revenues

$

1,959,757

100.0

%

$

1,836,760

100.0

%

$

3,765,213

100.0

%

$

3,566,873

100.0

%

Cost of goods sold

947,809

48.4

972,137

52.9

1,959,839

52.1

1,936,441

54.3

Gross profit

1,011,948

51.6

864,623

47.1

1,805,374

47.9

1,630,432

45.7

Selling, general and administrative expenses

563,153

28.7

536,564

29.2

1,064,891

28.3

1,011,660

28.4

Operating income

448,795

22.9

328,059

17.9

740,483

19.7

618,772

17.3

Interest income, net

12,412

0.6

9,080

0.5

19,319

0.5

18,613

0.5

Earnings before income taxes

461,207

23.5

337,139

18.4

759,802

20.2

637,385

17.9

Income taxes

123,098

6.3

89,577

4.9

190,331

5.1

158,560

4.4

Net earnings

$

338,109

17.3

%

$

247,562

13.5

%

$

569,471

15.1

%

$

478,825

13.4

%

Earnings per share (EPS):

Basic

$

2.87

$

2.03

$

4.82

$

3.91

Diluted

$

2.84

$

2.00

$

4.77

$

3.86

Shares used in calculation of EPS:

Basic

117,765

122,121

118,075

122,614

Diluted

118,892

123,595

119,375

124,163

2nd Quarter Net Revenues and Comparable Brand Revenue Growth 1

Net revenues

Comparable brand revenue

growth

(In thousands, except percentages)

Q2 26

Q2 25

Q2 26

Q2 25

Pottery Barn

$

770,808

$

724,579

5.1

%

1.1

%

West Elm

496,251

468,550

6.4

3.3

Williams Sonoma 2

268,828

249,053

7.6

5.1

Pottery Barn Kids and Teen

297,438

286,749

3.5

5.3

Other 3

126,432

107,829

N/A

N/A

Total 4

$

1,959,757

$

1,836,760

6.2

%

3.7

%

1 See the Company’s 10-K for the definition of comparable brand revenue, which is calculated on a 13-week basis, and includes business-to-business revenues.

2 Includes Williams Sonoma Home net revenues.

3 Primarily consists of net revenues from Rejuvenation, Mark and Graham, our international franchise operations, GreenRow and Dormify.

4 Total comparable brand revenue growth includes Rejuvenation, Mark and Graham, and GreenRow.

  Condensed Consolidated Balance Sheets (unaudited)

  As of

(In thousands, except per share amounts)

August 2,
2026

February 1,
2026

August 3,
2025

Assets

Current assets

Cash and cash equivalents

$

1,028,936

$

1,019,801

$

985,823

Accounts receivable, net

146,219

126,821

115,509

Merchandise inventories, net

1,447,423

1,462,849

1,433,605

Prepaid expenses

105,583

80,053

100,622

Other current assets

18,385

23,663

19,961

Total current assets

2,746,546

2,713,187

2,655,520

Property and equipment, net

1,121,677

1,095,158

1,029,526

Operating lease right-of-use assets

1,322,644

1,270,272

1,221,792

Deferred income taxes, net

74,433

99,161

95,797

Goodwill

77,369

77,398

77,374

Other long-term assets, net

163,637

156,736

148,359

Total assets

$

5,506,306

$

5,411,912

$

5,228,368

Liabilities and stockholders' equity

Current liabilities

Accounts payable

$

703,822

$

637,985

$

601,661

Accrued expenses

207,857

314,588

202,914

Gift card and other deferred revenue

618,926

602,940

578,192

Income taxes payable

62,098

78,943

74,329

Operating lease liabilities

217,032

221,356

222,572

Other current liabilities

88,843

98,318

86,641

Total current liabilities

1,898,578

1,954,130

1,766,309

Long-term operating lease liabilities

1,310,914

1,235,549

1,171,675

Other long-term liabilities

155,900

139,674

140,688

Total liabilities

3,365,392

3,329,353

3,078,672

Stockholders' equity

Preferred stock: $0.01 par value; 7,500 shares authorized, none issued

—

—

—

Common stock: $0.01 par value; 253,125 shares authorized; 117,779, 118,770, and 121,790 shares issued and outstanding at August 2, 2026, February 1, 2026 and August 3, 2025, respectively

1,178

1,188

1,219

Additional paid-in capital

543,931

587,433

544,244

Retained earnings

1,611,605

1,509,129

1,622,191

Accumulated other comprehensive loss

(14,142

)

(13,176

)

(15,943

)

Treasury stock, at cost

(1,658

)

(2,015

)

(2,015

)

Total stockholders' equity

2,140,914

2,082,559

2,149,696

Total liabilities and stockholders' equity

$

5,506,306

$

5,411,912

$

5,228,368

Retail Store Data
(unaudited)

Beginning of quarter
May 3, 2026

End of quarter
August 2, 2026

As of
August 3, 2025

Openings

Closings

Pottery Barn

180

2

(1

)

181

181

Williams Sonoma

153

—

—

153

154

West Elm

116

1

—

117

119

Pottery Barn Kids

43

—

—

43

44

Rejuvenation

13

—

—

13

11

GreenRow

1

—

—

1

—

Total

506

3

(1

)

508

509

  Condensed Consolidated Statements of Cash Flows (unaudited)

  For the Twenty-six Weeks Ended

(In thousands)

August 2, 2026

August 3, 2025

Cash flows from operating activities:

Net earnings

$

569,471

$

478,825

Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:

Depreciation and amortization

112,683

113,165

Loss on disposal/impairment of assets

1,108

3,599

Non-cash lease expense

127,380

121,936

Deferred income taxes

12,884

14,658

Tax benefit related to stock-based awards

11,650

11,423

Stock-based compensation expense

61,530

46,974

Other

(898

)

(1,275

)

Changes in:

Accounts receivable

(19,495

)

2,411

Merchandise inventories

15,000

(98,562

)

Prepaid expenses and other assets

(27,704

)

(37,959

)

Accounts payable

49,314

(48,962

)

Accrued expenses and other liabilities

(89,166

)

(78,142

)

Gift card and other deferred revenue

16,197

(7,069

)

Operating lease liabilities

(127,247

)

(125,977

)

Income taxes payable

(16,845

)

6,633

Net cash provided by operating activities

695,862

401,678

Cash flows from investing activities:

Purchases of property and equipment

(116,434

)

(110,293

)

Other

62

(1,195

)

Net cash used in investing activities

(116,372

)

(111,488

)

Cash flows from financing activities:

Repurchases of common stock

(287,805

)

(289,108

)

Payment of dividends

(175,444

)

(155,994

)

Tax withholdings related to stock-based awards

(99,095

)

(67,903

)

Debt issuance costs

—

(1,187

)

Other

(7,658

)

(6,941

)

Net cash used in financing activities

(570,002

)

(521,133

)

Effect of exchange rates on cash and cash equivalents

(353

)

3,789

Net increase (decrease) in cash and cash equivalents

9,135

(227,154

)

Cash and cash equivalents at beginning of period

1,019,801

1,212,977

Cash and cash equivalents at end of period

$

1,028,936

$

985,823

  Exhibit 1

2nd Quarter GAAP to Non-GAAP Reconciliation
(unaudited)

For the Thirteen Weeks Ended

For the Twenty-six Weeks Ended

August 2, 2026

August 3, 2025

August 2, 2026

August 3, 2025

(In thousands, except per share data)

$

% of Net

revenues

$

% of Net

revenues

$

% of Net revenues

$

% of Net revenues

Gross profit

$

1,011,948

51.6

%

$

864,623

47.1

%

$

1,805,374

47.9

%

$

1,630,432

45.7

%

Tariff refund income1

(167,778

)

—

(167,778

)

—

Tariff refund-related vendor concessions2

47,464

—

47,464

—

Non-GAAP gross profit

$

891,634

45.5

%

$

864,623

47.1

%

$

1,685,060

44.8

%

$

1,630,432

45.7

%

Selling, general and administrative expenses

$

563,153

28.7

%

$

536,564

29.2

%

$

1,064,891

28.3

%

$

1,011,660

28.4

%

Tariff refund-related employee recognition3

(10,000

)

—

(10,000

)

—

Non-GAAP selling, general and administrative expenses

$

553,153

28.2

%

$

536,564

29.2

%

$

1,054,891

28.0

%

$

1,011,660

28.4

%

Operating income

$

448,795

22.9

%

$

328,059

17.9

%

$

740,483

19.7

%

$

618,772

17.3

%

Tariff refund income1

(167,778

)

—

(167,778

)

—

Tariff refund-related vendor concessions2

47,464

—

47,464

—

Tariff refund-related employee recognition3

10,000

—

10,000

—

Non-GAAP operating income

$

338,481

17.3

%

$

328,059

17.9

%

$

630,169

16.7

%

$

618,772

17.3

%

Interest income, net

$

12,412

0.6

%

$

9,080

0.5

%

$

19,319

0.5

%

$

18,613

0.5

%

Interest income on tariff refund4

(6,346

)

—

(6,346

)

—

Non-GAAP interest income, net

$

6,066

0.3

%

$

9,080

0.5

%

$

12,973

0.3

%

$

18,613

0.5

%

Earnings before income taxes

$

461,207

23.5

%

$

337,139

18.4

%

$

759,802

20.2

%

$

637,385

17.9

%

Tariff refund income1

(167,778

)

—

(167,778

)

—

Tariff refund-related vendor concessions2

47,464

—

47,464

—

Tariff refund-related employee recognition3

10,000

—

10,000

—

Interest income on tariff refund4

(6,346

)

—

(6,346

)

—

Non-GAAP earnings before income taxes

$

344,547

17.6

%

$

337,139

18.4

%

$

643,142

17.1

%

$

637,385

17.9

%

$

Tax rate

$

Tax rate

$

Tax rate

$

Tax rate

Income taxes

$

123,098

26.7

%

$

89,577

26.6

%

$

190,331

25.1

%

$

158,560

24.9

%

Tariff refund income1

(41,428

)

—

(41,428

)

—

Tariff refund-related vendor concessions2

11,720

—

11,720

—

Tariff refund-related employee recognition3

2,469

—

2,469

—

Interest income on tariff refund4

(1,567

)

—

(1,567

)

—

Non-GAAP income taxes

$

94,292

27.4

%

$

89,577

26.6

%

$

161,525

25.1

%

$

158,560

24.9

%

Diluted EPS

$

2.84

$

2.00

$

4.77

$

3.86

Tariff refund income1

(1.06

)

—

(1.06

)

—

Tariff refund-related vendor concessions2

0.30

—

0.30

—

Tariff refund-related employee recognition3

0.06

—

0.06

—

Interest income on tariff refund4

(0.04

)

—

(0.04

)

—

Non-GAAP diluted EPS5

$

2.10

$

2.00

$

4.03

$

3.86

1 During Q2 2026, we recognized a reduction to cost of goods sold of $167.8 million related to a refund of IEEPA tariffs.

2 During Q2 2026, we recorded a provision of $47.5 million to reimburse certain merchandise vendors that previously provided tariff-related concessions.

3 During Q2 2026, we recorded a one-time tariff-related employee recognition cost of $10.0 million, in the form of a discretionary 401(k) contribution to all eligible employees.

4 During Q2 2026, we recognized interest income of $6.3 million related to interest received on IEEPA tariff refunds.

5 Per share amounts may not sum due to rounding to the nearest cent per diluted share.

SEC Regulation G – Non-GAAP Information

These tables include non-GAAP gross profit, gross margin, selling, general and administrative expense, operating income, operating margin, interest income, earnings before income taxes, income taxes, effective tax rate and diluted EPS. We believe that these non-GAAP financial measures provide meaningful supplemental information for investors regarding the performance of our business and facilitate a meaningful evaluation of our quarterly actual results on a comparable basis with prior periods. Our management uses these non-GAAP financial measures in order to have comparable financial results to analyze changes in our underlying business from quarter to quarter. These non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.

More News From Williams-Sonoma, Inc.

A month has gone by since the last earnings report for Antero Resources (AR - Free Report) . Shares have added about 9.1% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Antero Resources due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Antero Resources Corporation before we dive into how investors and analysts have reacted as of late.

AR Q2 Earnings Beat Estimates on Record Production GainsAntero Resources Corporation reported second-quarter 2026 adjusted earnings of 76 cents per share, beating the Zacks Consensus Estimate of 75 cents. Revenues of $1.6 billion beat the consensus estimate of $1.5 billion by 4.4% and increased from $1.3 billion in the year-ago quarter.

The strong quarterly performance was supported by record production, lower cash costs and benefits from the HG Energy acquisition. Net production averaged 4.1 Bcfe/d, up 21% year over year, while adjusted EBITDAX rose 57% to $595 million.

AR Production Growth Supports ResultsAntero Resources delivered record production in the second quarter, with average net output reaching 4.1 Bcfe/d, including 216 MBbl/d of liquids. The figure is in line with our estimate of 4.1 Bcfe/d.

Natural gas production averaged 2,847 MMcf/d, while C3+ NGL production averaged 121,132 Bbl/d and C2 NGL production averaged 86,769 Bbl/d.

The company placed 26 Marcellus wells to sales during the quarter with an average lateral length of 13,323 feet. The 21 wells that had been online for about 60 days averaged 25 MMcfe/d per well, including 975 Bbl/d of liquids per well assuming 25% ethane recovery.

Antero Resources Benefits From HG EnergyAR saw year-over-year revenue growth from stronger production volumes and contributions from the HG Energy assets.Total revenues increased to $1.6 billion from $1.3 billion in the prior-year quarter, helped by higher natural gas liquids sales, oil sales and commodity derivative gains.

The company’s revenues included $688.5 million from natural gas sales, $587.7 million from natural gas liquids sales and $59.6 million from oil sales. The figures are slightly below our estimates of $705.6 million from natural gas sales, $653.4 million from natural gas liquids sales and $63.1 million, respectively. Commodity derivative fair value gains increased to $160.6 million from $53.4 million a year ago.

AR Improves Cost Structure & MarginsAntero Resources reported total cash operating costs of $2.38 per Mcfe in the quarter, down $0.29 per Mcfe, or 11%, from the prior-year period. Cash production expenses were $2.22 per Mcfe compared with $2.48 per Mcfe in the second quarter of 2025. The figure is marginally above our estimate of $2.21 per Mcfe

Operating expenses rose to $1.18 billion from $1.09 billion a year ago, reflecting higher gathering, compression, processing and transportation costs, as well as increased depletion, depreciation and amortization. The figure is also above our estimate of $1.14 billion.

Operating income, however, improved to $375.5 million from $204.9 million. The metric also beat our estimate of $323.3 million.

Antero Resources Expands Development PositionAR completed strategic acquisitions in July for approximately $315 million within its West Virginia development footprint. The properties add about 125 MMcfe/d of net production, 3,500 net undeveloped acres and 15 net undeveloped locations.

The company also continued investing in its resource base during the quarter. Drilling and completion capital expenditure totaled $297 million, while land investment reached $29 million, adding approximately 5,000 net acres and 20 incremental net drilling locations.

AR Updates 2026 Outlook & Cash FlowAntero Resources raised its 2026 production guidance to 4.15-4.2 Bcfe/d, citing strong year-to-date performance and the July acquisitions. Third-quarter production is expected to average 4.25-4.3 Bcfe/d, with fourth-quarter production forecast at 4.4-4.5 Bcfe/d.

The company lowered cash production expense guidance to $2.20-$2.30 per Mcfe and adjusted its expected natural gas realized price premium to NYMEX Henry Hub to 5-15 cents per Mcf. C2 NGL realized price premium guidance was increased to $2.50-$3 per barrel.

Antero Resources Strengthens Financial FlexibilityAR generated $438.8 million in net cash from operating activities during the second quarter. The adjusted free cash flow before changes in working capital was $219.8 million compared with $156.3 million in the year-ago period.

The company also continued its capital return program, repurchasing 1.1 million shares for approximately $38 million during the quarter at an average weighted price of $34.25 per share. As of the earnings release, Antero Resources had approximately $880 million of remaining capacity under its share repurchase program.

Antero Resources’ balance sheet reflected total debt of $2.6 billion as of June 30, 2026, including $1.1 billion outstanding under its term loan and $600 million of senior notes due 2030.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in fresh estimates.

The consensus estimate has shifted 18.11% due to these changes.

VGM ScoresAt this time, Antero Resources has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. Charting a somewhat similar path, the stock has a score of B on the value side, putting it in the top 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, Antero Resources has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerAntero Resources is part of the Zacks Oil and Gas - Exploration and Production - United States industry. Over the past month, Range Resources (RRC - Free Report) , a stock from the same industry, has gained 5.3%. The company reported its results for the quarter ended June 2026 more than a month ago.

Range Resources reported revenues of $795.3 million in the last reported quarter, representing a year-over-year change of +8.5%. EPS of $0.79 for the same period compares with $0.66 a year ago.

Range Resources is expected to post earnings of $0.67 per share for the current quarter, representing a year-over-year change of +17.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +5.6%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Range Resources. Also, the stock has a VGM Score of B.