Lumentum Holdings is likely to see its shares rise as the company's optical networking and related parts for next-generation artificial intelligence solutions boost sales more business than previously expected, according to JPMorgan. The investment bank reiterated its overweight rating on Lumentum and hiked its 12-month price target to $950 from $565, implying 6% upside from Wednesday's close. "We...
Lumentum Holdings is likely to see its shares rise as the company's optical networking and related parts for next-generation artificial intelligence solutions boost sales more business than previously expected, according to JPMorgan. The investment bank reiterated its overweight rating on Lumentum and hiked its 12-month price target to $950 from $565, implying 6% upside from Wednesday's close. "We forecast the exceptional earnings growth pace to continue with the ramp in scale-up networking," JPMorgan analyst Samik Chatterjee said Thursday in a note to clients. "We are raising our estimates for Lumentum following the Investor Briefing as well as meetings in and around OFC...which collectively delivered a stronger-than-expected level of forward visibility across various growth drivers." OFC is the Optical Fiber Communication Conference and Exhibition. Lumentum appears to be courting more customers for its optical circuit switches — a major source of potential upside for the stock, JPMorgan said. Optical circuit switches are devices that determine the best path for optical signals to travel between fiber-optic cables. The technology supports networking in AI hyperscale data centers, enabling potentially quicker and more energy-efficient data transmission. Lumentum has said that its optical circuit switches (OCS) are on track to reach $400 million in sales in the second half of 2026, followed by an acceleration of the business in 2027. Its annual run rate exceeds $1 billion. But Lumentum's OCS technology likely has "further runway than the current target reflects," according to JPMorgan. "The currently outlined revenue trajectory is largely supported by a new multi-year, multi-billion-dollar agreement with a large OCS customer, which is expected to account for half the revenue in [the second half of 2026]," Chatterjee wrote. However, "additional upside drivers not currently embedded also include further customer wins as well as execution around a new [rack unit] form f...
Lennar Corporation ( LEN.B ) declares $0.50/share quarterly dividend , in line with previous. Forward yield 2.31% Payable May 6; for shareholders of record April 22; ex-div April 22. See LEN.B Dividend Scorecard, Yield Chart, & Dividend Growth. More on Lennar Lennar's Margin Pressures Persist Lennar Corporation (LEN) Q1 2026 Earnings Call Transcript Lennar Q1 Earnings Preview: I Am Turning Contrar...
Lennar Corporation ( LEN.B ) declares $0.50/share quarterly dividend , in line with previous. Forward yield 2.31% Payable May 6; for shareholders of record April 22; ex-div April 22. See LEN.B Dividend Scorecard, Yield Chart, & Dividend Growth. More on Lennar Lennar's Margin Pressures Persist Lennar Corporation (LEN) Q1 2026 Earnings Call Transcript Lennar Q1 Earnings Preview: I Am Turning Contrarian (Rating Upgrade) Seaport cuts ratings on homebuilders on slower housing activity Sysco and Boston Scientific is the most oversold U.S. large-cap stock
Justin Sullivan/Getty Images News Oracle ( ORCL ) released an array of new agentic applications for enterprises covering finance, supply chain management, human resources, and customer relations on Thursday. The new software suite is called Fusion Agentic Applications, and they are built into Oracle's Fusion Cloud Applications. "The new agentic applications are powered by coordinated teams of spec...
Justin Sullivan/Getty Images News Oracle ( ORCL ) released an array of new agentic applications for enterprises covering finance, supply chain management, human resources, and customer relations on Thursday. The new software suite is called Fusion Agentic Applications, and they are built into Oracle's Fusion Cloud Applications. "The new agentic applications are powered by coordinated teams of specialized AI agents that are outcome-driven, proactive, reasoning-based, and engineered for enterprise execution," the company said. "Finance and supply chain teams are under constant pressure to close faster, respond to disruptions sooner, and deliver more with the same resources, but this is extremely difficult when so much time is still tied up in manual follow-ups, handoffs, and moving work across systems," said Steve Miranda , executive vice president of Applications Development at Oracle. "With agentic applications that can reason, decide, and act against defined objectives, finance and supply chain teams can move from passive productivity to systems that proactively carry work forward, improve working capital, reduce costs and delays, and operate with greater confidence." The cloud and software provider also introduced new database security tiers for "ultra-critical workloads." The new tiers, dubbed Platinum and Diamond, were designed to handle new security threats arising from AI and quantum computing. "For the most demanding applications, Oracle Distributed AI Database and Oracle GoldenGate can deliver Diamond-tier availability with disaster failover typically under three seconds," said Juan Loaiza , executive vice president of Oracle AI Database Technologies. "We have also introduced new security capabilities to help address emerging risks from quantum computing and AI-driven data breaches." Finally, the company upgraded its financial crime and compliance portfolio by securing rights to technology from Lucinity, a software-as-a-service firm that focuses on using AI ...
Nio Strategic Metals ( NIO:CA ) ( NIOCF ) appointed of Bruno Dumais and Jean-Sébastien Blanchette to its executive suite. Mr. Dumais is appointed as President and COO while Mr. Blanchette is joining as CFO. The board said it has awarded a total of 4M stock options to directors and officers under its incentive plan, with an exercise price set at $0.27 per share. More on Nio Strategic Metals Inc. Fi...
Nio Strategic Metals ( NIO:CA ) ( NIOCF ) appointed of Bruno Dumais and Jean-Sébastien Blanchette to its executive suite. Mr. Dumais is appointed as President and COO while Mr. Blanchette is joining as CFO. The board said it has awarded a total of 4M stock options to directors and officers under its incentive plan, with an exercise price set at $0.27 per share. More on Nio Strategic Metals Inc. Financial information for Nio Strategic Metals Inc.
Photozek07/iStock via Getty Images Introduction Netflix Inc. (NASDAQ: ( NFLX )) is scheduled to report its Q1 earnings on Thursday, 16 April. In this article, I explore the key factors that investors need to focus on in the company’s Q1 report. A Recap of Q4 Results NFLX had a strong finish to the year, comfortably beating on both the top- and bottom-line estimates. More specifically, Q4 revenues ...
Photozek07/iStock via Getty Images Introduction Netflix Inc. (NASDAQ: ( NFLX )) is scheduled to report its Q1 earnings on Thursday, 16 April. In this article, I explore the key factors that investors need to focus on in the company’s Q1 report. A Recap of Q4 Results NFLX had a strong finish to the year, comfortably beating on both the top- and bottom-line estimates. More specifically, Q4 revenues came in at $12.05 billion , up 17.6% y/y and beating analyst estimates by $83.91 million. Diluted EPS came in at $0.56, up 27.3% and beating analyst estimates by $0.01. For the first quarter, management projected revenues to come in at $12.16 billion, which would translate to a growth of 15.3% y/y. Diluted EPS is expected to come in at $0.76, which would translate to a y/y growth of 15.1%. Finally, the company’s operating margins are projected to come in at 32.1%, which would represent an expansion of 40 bps y/y [or 0.4%]. Q1 Expectations According to LSEG Data, analysts expect Q1 revenues to come in at $12.18 billion, which would represent a y/y growth of 16%. Non-GAAP EPS is expected to come in at $0.76, which would imply a y/y growth of 15%. The company, according to LSEG data, has had a strong track record when it comes to beating revenue estimates, as evidenced by the fact that the stock has beaten revenue estimates in nine of the last ten quarters, with the magnitude of positive surprise coming in at a decent 0.63%, on average. Even in the quarter that it missed estimates, revenues were largely in line with analyst estimates. I expect NFLX to continue its track record of beating analyst estimates in Q1 given the strong content slate, driven by the likes of Season 7 of Black Mirror . Average Positive Surprise 0.63% Average Negative Surprise -0.03% Quarter Revenue Surprise Q3 FY23 0.07% Q4 FY23 1.31% Q1 FY24 1.03% Q2 FY24 0.33% Q3 FY24 0.57% Q4 FY24 1.32% Q1 FY25 0.26% Q2 FY25 0.12% Q3 FY25 -0.03% Q4 FY25 0.68% Click to enlarge Sources: LSEG Data (formerly Refinitiv), A...
Silicon Valley startup SiFive said on Thursday it has raised a $400 million round of funding from Atreides Management, Nvidia and others to enter the booming market for data-center central processor chips. The round brings SiFive's valuation to $3.65 billion, and CEO Patrick Little told Reuters he expects it to be the firm's last round of funding before filing for a public offering, though he d...
Silicon Valley startup SiFive said on Thursday it has raised a $400 million round of funding from Atreides Management, Nvidia and others to enter the booming market for data-center central processor chips. The round brings SiFive's valuation to $3.65 billion, and CEO Patrick Little told Reuters he expects it to be the firm's last round of funding before filing for a public offering, though he did not say when SiFive plans to do so. SiFive does not sell chips but instead sells blueprints that customers such as Alphabet's Google can customize for their own internal chip designs.