La catena delle opzioni mostra i dati chiave delle opzioni azionarie di AudioCodes a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per AudioCodes..

AudioCodes (NASDAQ:AUDC) Azioni, Catena delle Opzioni

AudioCodes

AudioCodes Ltd develops and sells advanced and converged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe, and the Far East. It derives a majority of the revenues from Americas segment.

AudioCodes Ltd

Needham analyst Ryan Koontz maintains AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) with a Buy and lowers the price target from $14 to $11.

News

Price Target

Analyst Ratings

AUDC

Needham Maintains Buy on AudioCodes, Lowers Price Target to $11

Barclays analyst Ryan Macwilliams maintains AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) with a Underweight and lowers the price target from $10 to $9.

Barclays Maintains Underweight on AudioCodes, Lowers Price Target to $9

WIIM

AudioCodes shares are trading lower after the company reported worse-than-expected Q3 financial results.

AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.23 by 30.43 percent. This is a 36 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $60.243 million which missed the analyst consensus estimate of $61.192 million by 1.55 percent. This is a 2.19 percent decrease over sales of $61.591 million the same period last year.

Earnings

Earnings Misses

AudioCodes Q3 2024 Adj. EPS $0.16 Misses $0.23 Estimate, Sales $60.243M Miss $61.192M Estimate

<ul>
<li>Meeting Insights expands support to Zoom meetings, in addition to Microsoft Teams, providing a unified meeting intelligence solution across unified communications as a service (UCaaS) platforms.</li>
<li>By supporting both Microsoft Teams and Zoom, Meeting Insights enables organizations to centralize insights from all meeting data, providing a comprehensive view of organizational knowledge and fostering informed decision-making.</li>
<li>Key features include AI-powered meeting summaries, action item extraction, cross-platform searchable meeting repository, real-time transcription with speaker identification and "Prep My Meeting" feature for quick context on upcoming meetings.</li>
<li>The solution offers enterprise-grade data security, including encryption, role-based access control, and compliance with various regulations.</li>
<li>The Zoom-enabled version of Meeting Insights is immediately available for all existing and new customers.</li>
</ul>

AudioCodes Meeting Insights Supports Zoom Meetings

Nokia Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nok#NYSE">NOK</a>) recently inked an agreement with iSAT Africa for an undisclosed amount to enhance broadband connectivity across rural areas in Liberia. The three-year deal spanning more than 200 sites in the West African country aims to bridge the digital divide by providing a reliable, affordable and easily accessible network to underserved rural communities.
<h2>How NOK Likely Secured the Deal</h2>
Nokia is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. Its installed base of high-capacity AirScale products, which enables customers to upgrade to 5G quickly, is growing fast. It is driving the transition of global enterprises into smart virtual networks by creating a single network for all services, converging mobile and fixed broadband, IP routing and optical networks with the software and services to manage them. Leveraging state-of-the-art technology, it is transforming the way people and things communicate and connect.
The company aims to create new business and licensing opportunities in the consumer ecosystem. It facilitates customers to move away from an economy-of-scale network operating model to demand-driven operations by offering easy programmability and flexible automation required to support dynamic operations, reduce complexity and improve efficiency. It seeks to expand its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond its traditional primary markets.
<h2>What This Collaboration Brings on the Table</h2>
Nokia&#39;s partnership with this integrated communications services provider that specializes in broadcasting &amp; rural connectivity in Africa and the Middle East will seek to drive socio-economic development in the remote areas of Liberia. Per the deal, Nokia will deploy its AirScale radio portfolio along with MantaRay Network Management solutions for effective monitoring and management capabilities to address critical challenges such as limited coverage and the wide digital divide in rural regions.
<h2>Will NOK Stock Benefit?</h2>
Nokia has emerged as one of the leading players in the development of advanced 5G technology and is at the forefront of extending 5G use cases in various industries. It has laid a strong foundation of innovation through substantial infrastructure investments. This has led to the establishment of an impressive portfolio comprising approximately 20,000 patent families, including more than 6,000 patent families that are deemed crucial to 5G technology.
The collaboration with iSAT Africa is likely to propel the stock on incremental revenue generation and inducement of similar deals from other carriers in the future. The agreement is also expected to strengthen Nokia&#39;s position as a leading telecommunications equipment provider in the region.
The stock has gained 16.7% over the past six months compared with the industry&#39;s growth of 12.9%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/92/78441.jpg?v=1839641549" /> 
Image Source: Zacks Investment Research
<h2>NOK Zacks Rank &amp; Stocks to Consider</h2>
Nokia currently carries a Zacks Rank #3 (Hold).
Arista Networks, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>), carrying a Zacks Rank #2 (Buy) at present, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experiences. Arista has a long-term earnings growth expectation of 17.2% and delivered an earnings surprise of 15%, on average, in the trailing four quarters.
It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed data center segment. Arista is increasingly gaining market traction in 200 and 400-gig high-performance switching products. It is well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.
AudioCodes Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/audc#NASDAQ">AUDC</a>) currently carries a Zacks Rank #2. It delivered an earnings surprise of 10.1%, on average, in the trailing four quarters.
Headquartered in Lod, Israel, AudioCodes offers advanced communications software, products and productivity solutions for the digital workplace. It provides a broad range of innovative products, solutions and services that are used by large multi-national enterprises and leading tier-1 operators around the world.
Airgain, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/airg#NASDAQ">AIRG</a>) currently carries a Zacks Rank #2. It has a long-term earnings growth expectation of 35%.
Headquartered in San Diego, CA, Airgain offers integrated wireless solutions in the form of antenna products. These products are equipped to solve critical connectivity needs in both the design process and the operating environment across the enterprise, automotive and consumer markets. Ideal for original equipment and design manufacturers, vertical markets, chipset vendors, service providers, value-added resellers and software developers worldwide, the customizable antennas from Airgain serve both indoor and outdoor connectivity issues.
<a href="https://www.zacks.com/stock/news/2338515/nokia-to-help-bridge-digital-divide-in-liberia-will-the-stock-gain?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2338515">To read this article on Zacks.com click here.</a>

Large Cap

Penny Stocks

Offerings

Small Cap

Markets

Tech

Trading Ideas

AIRG

ANET

Nokia to Help Bridge Digital Divide in Liberia: Will the Stock Gain?

Leveraging data collected from about 5.6 million homes listed for rent between June 2023 and May 2024, Zillow Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zg#NASDAQ">ZG</a>) has come up with key insights for rental upgrades that are taken by Millennials and Gen Z adults. These affordable, non-permanent upgrades allow renters to add a personal touch to the rented space to make it feel like their own and add value for their landlord.
<h2>ZG Findings: A Win-Win for Renters &amp; Landlords</h2>
Temporary home improvements offer a win-win scenario for both renters and landlords. Projects such as updating cabinet hardware, adding open shelving or incorporating smart lighting are cost-effective and often yield significant returns in terms of increased views, saves and shares on Zillow Rentals. For landlords, these improvements can make a rental property more attractive to potential tenants, while renters benefit from a more personalized living space.
Zillow&#39;s research highlights several renter-friendly improvements that are effective in boosting the visibility of rental listings. For instance, rental listings with open shelving receive 36% more saves per day than those without, and smart lighting can increase daily saves by 22% and daily shares by 35%. These statistics underscore the value of small but impactful changes that renters can make to enhance their living environment.
The financial accessibility of these upgrades further supports their popularity among renters. Many of these projects, such as swapping out cabinet hardware or hanging mirrors, cost less than $1,000, suggesting that these enhancements are both affordable and manageable for most renters.
<h2>How ZG Aims to Benefit From the Research Study?</h2>
Zillow&#39;s platform benefits directly from these trends. As renters increasingly seek out properties that allow for personalization, listings that highlight renter-friendly features are likely to see increased engagement. This, in turn, drives more traffic to Zillow&#39;s site, improving its visibility and appeal to both renters and landlords. In addition, by providing data-driven insights into which home features boost rental listing performance, Zillow positions itself as a valuable resource for renters looking to enhance their living spaces.
These insights also help fine-tune Zillow&#39;s marketing strategies, helping it tailor its offerings to meet the evolving needs of renters. As more renters prioritize the ability to make temporary improvements, Zillow can promote listings that highlight these features, further solidifying its position as a leader in the rental market.
<h2>ZG Zacks Rank &amp; Other Stocks to Consider</h2>
Zillow currently carries a Zacks Rank #2 (Buy).
Arista Networks, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>), sporting a Zacks Rank #1 at present, is likely to benefit from strong momentum and diversification across its top verticals and product lines. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experiences. Arista has a long-term earnings growth expectation of 17.2% and delivered an earnings surprise of 15%, on average, in the trailing four quarters.
It holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed data center segment. Arista is increasingly gaining market traction in 200 and 400-gig high-performance switching products. It is well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations.
AudioCodes Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/audc#NASDAQ">AUDC</a>) currently carries a Zacks Rank #2. It delivered an earnings surprise of 10.1%, on average, in the trailing four quarters.
Headquartered in Lod, Israel, AudioCodes offers advanced communications software, products and productivity solutions for the digital workplace. It provides a broad range of innovative products, solutions and services that are used by large multi-national enterprises and leading tier-1 operators around the world.
Airgain, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/airg#NASDAQ">AIRG</a>) currently carries a Zacks Rank #2. It has a long-term earnings growth expectation of 35%.
Headquartered in San Diego, CA, Airgain offers integrated wireless solutions in the form of antenna products. These products are equipped to solve critical connectivity needs in both the design process and the operating environment across the enterprise, automotive and consumer markets. Ideal for original equipment and design manufacturers, vertical markets, chipset vendors, service providers, value-added resellers and software developers worldwide, the customizable antennas from Airgain serve both indoor and outdoor connectivity issues.
<a href="https://www.zacks.com/stock/news/2328916/zillow-data-offers-rental-upgrade-insights-beneficial-for-zg-stock?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2328916">To read this article on Zacks.com click here.</a>

Real Estate

Zillow Data Offers Rental Upgrade Insights: Beneficial for ZG Stock?

Needham analyst Ryan Koontz reiterates AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) with a Buy and maintains $14 price target.

Reiteration

Needham Reiterates Buy on AudioCodes, Maintains $14 Price Target

AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) reported quarterly earnings of $0.18 per share which missed the analyst consensus estimate of $0.19 by 5.26 percent. This is a 12.5 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $60.303 million which beat the analyst consensus estimate of $60.242 million by 0.10 percent. This is a 0.47 percent increase over sales of $60.020 million the same period last year.

Earnings Beats

AudioCodes Q2 2024 Adj. EPS $0.18 Misses $0.19 Estimate, Sales $60.303M Beat $60.242M Estimate

Needham analyst Ryan Koontz maintains AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) with a Buy and lowers the price target from $18 to $14.

Needham Maintains Buy on AudioCodes, Lowers Price Target to $14

Barclays analyst Ryan Macwilliams maintains AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) with a Underweight and lowers the price target from $12 to $10.

Barclays Maintains Underweight on AudioCodes, Lowers Price Target to $10

Shares of Beyond, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYON#NYSE">BYON</a>) fell sharply during Tuesday&#8217;s session following weaker-than-expected <a href="https://www.benzinga.com/quote/BYON">quarterly results</a>.
Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company&#8217;s sales came in at $382.281 million versus estimates of $389.264 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Beyond shares dipped 20.8% to $17.34 on Tuesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Golden Sun Health Technology Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSUN#NASDAQ">GSUN</a>) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement.</li>
<li>MMTec, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) gained 79.1% to $4.1189.</li>
<li>Nuwellis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) shares climbed 50.5% to $0.2572 after the company posted a narrower-than-expected quarterly loss.</li>
<li>Great Lakes Dredge &amp; Dock Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLDD#NASDAQ">GLDD</a>) rose 31.5% to $9.26 following better-than-expected first-quarter financial results.</li>
<li>American Strategic Investment Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYC#NYSE">NYC</a>) jumped 29.6% to $7.52.</li>
<li>Motorsport Games Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) gained 29.2% to $2.9493. Motorsport Games is expected to report its financial results for the first quarter of 2024 on Tuesday, May 7.</li>
<li>FibroGen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGEN#NASDAQ">FGEN</a>) surged 28.7% to $1.4899 after the company reported mixed first quarter financial results.</li>
<li>Bioventus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BVS#NASDAQ">BVS</a>) rose 26.7% to $5.07 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance above estimates.</li>
<li>reAlpha Tech Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) gained 25.1% to $1.0699 after the company announced the completion of its previously announced acquisition of Naamche.</li>
<li>Dave Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NYSE">DAVE</a>) gained 25% to $58.20 after the company reported better-than-expected first-quarter financial results and issued FY24 operating revenue.</li>
<li>Clearmind Medicine Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMND#NASDAQ">CMND</a>) surged 24.8% to $1.46 after the company signed an exclusive patent licensing agreement with Yissum Research Development Company.</li>
<li>Thoughtworks Holding, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWKS#NASDAQ">TWKS</a>) jumped 22% to $3.0750 after the company issued strong guidance.</li>
<li>The Real Brokerage Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAX#NASDAQ">REAX</a>) gained 21.5% to $5.07 following strong quarterly sales.</li>
<li>Global Self Storage, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SELF#NASDAQ">SELF</a>) rose 21.2% to $5.05.</li>
<li>Zeta Global Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NASDAQ">ZETA</a>) rose 21% to $15.72 after the company reported better-than-expected first-quarter financial results and increased its second-quarter revenue guidance.</li>
<li>Jumia Technologies AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NASDAQ">JMIA</a>) climbed 19.3% to $6.53 after the company reported a year-over-year increase in first-quarter revenue results.</li>
<li>Bandwidth Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAND#NASDAQ">BAND</a>) gained 19.2% to $24.45 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>ADTRAN Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>) climbed 18.4% to $5.58 following upbeat quarterly results.</li>
<li>Jumia Technologies AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMIA#NASDAQ">JMIA</a>) gained 18.3% to $6.47 after the company reported a year-over-year increase in first-quarter revenue results.</li>
<li>Ambac Financial Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBC#NYSE">AMBC</a>) shares rose 16.5% to $17.64 following better-than-expected first-quarter earnings.</li>
<li>FibroGen, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGEN#NASDAQ">FGEN</a>) gained 15.5% to $1.34 after the company reported mixed first-quarter financial results.</li>
<li>Sterling Infrastructure, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRL#NASDAQ">STRL</a>) rose 15.1% to $121.27 after the company reported better-than-expected first-quarter financial results.</li>
<li>Coca-Cola Consolidated, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COKE#NASDAQ">COKE</a>) jumped 14.5% to $981.96 following first-quarter results.</li>
<li>Fabrinet (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FN#NYSE">FN</a>) gained 14% to $215.29 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance above estimates.</li>
<li>J&amp;J Snack Foods Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JJSF#NASDAQ">JJSF</a>) gained 13.5% to $156.51 following better-than-expected quarterly results.</li>
<li>Artivion, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AORT#NYSE">AORT</a>) gained 13.4% to $23.90 following strong quarterly results.</li>
<li>EverQuote, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVER#NASDAQ">EVER</a>) gained 12.7% to $24.09 after the company reported better-than-expected first quarter financial results and issued second quarter revenue guidance above estimates.</li>
<li>Air Transport Services Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATSG#NASDAQ">ATSG</a>) rose 12.7% to $14.94 following upbeat earnings.</li>
<li>Surgery Partners, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGRY#NASDAQ">SGRY</a>) gained 9.3% to $27.98 following upbeat earnings.</li>
<li>Crocs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>) climbed 8.6% to $137.52 following first quarter financial results.</li>
<li>Symbotic Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NYSE">SYM</a>) shares rose 8.1% to $45.33 after the company reported mixed second-quarter financial results.</li>
<li>UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) shares gained 8% to $29.81 after the company posted better-than-expected results for its first quarter.</li>
<li>Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) shares gained 6.9% to $12.45 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Holdco Nuvo Group D.G Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUVO#NASDAQ">NUVO</a>) fell 39.2% to $3.1999 after jumping 157% on Monday.</li>
<li>The Real Good Food Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGF#NASDAQ">RGF</a>) dipped 32.6% to $0.5312.</li>
<li>Neuronetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STIM#NASDAQ">STIM</a>) fell 32.5% to $2.5281 following quarterly results.</li>
<li>AgriFORCE Growing Systems Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGRI#NASDAQ">AGRI</a>) shares fell 27.4% to $0.1048 after the company announced an offering of 432.5 million shares by selling stockholders.</li>
<li>Strong Global Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGE#NYSE">SGE</a>) fell 27.4% to $1.9201. Fundamental Global announced acquisition of Strong/MDI Screen Systems, Inc. by FG Acquisition Corp. at a $30 million valuation.</li>
<li>GreenPower Motor Company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GP#NASDAQ">GP</a>) shares declined 25.6% to $1.35 after the company reported pricing of $2.3 million underwritten public offering.</li>
<li>JELD-WEN Holding, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JELD#NYSE">JELD</a>) fell 23.5% to $14.56 as the company posted downbeat quarterly sales and lowered 2024 revenue guidance.</li>
<li>Oriental Culture Holding LTD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCG#NASDAQ">OCG</a>) dipped 22.6% to $1.2001.</li>
<li>BT Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBD#NASDAQ">BTBD</a>) fell 21.4% to $1.25.</li>
<li>Plutonian Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTN#NASDAQ">PLTN</a>) shares fell 19.3% to $11.41 after surging 57% on Monday.</li>
<li>Talkspace, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TALK#NASDAQ">TALK</a>) fell 18.3% to $2.60 following first-quarter results.</li>
<li>Helius Medical Technologies, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSDT#NASDAQ">HSDT</a>) shares declined 16.2% to $2.03 after the company announced pricing of $6.4 million public offering.</li>
<li>Paymentus Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) fell 15.5% to $18.76 following first-quarter results.</li>
<li>Myers Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MYE#NYSE">MYE</a>) declined 15.5% to $19.43 following first-quarter results.</li>
<li>Builders FirstSource, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>) dipped 15.4% to $170.00 following first-quarter earnings.</li>
<li>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) fell 14.3% to $21.56 following soft revenue guidance.</li>
<li>AudioCodes Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) shares fell 13% to $9.89 after the company reported worse-than-expected <a href="https://www.benzinga.com/quote/AUDC/earnings">first-quarter financial results</a></li>
<li>First Watch Restaurant Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) dipped 12.6% to $21.96 following weak quarterly sales.</li>
<li>Teradata Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDC#NYSE">TDC</a>) dipped 11.4% to $33.63 after the company reported mixed first-quarter financial results and issued second-quarter guidance.</li>
<li>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) shares fell 11.2% to $2.71 after the company reported mixed first-quarter financial results.</li>
<li>The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) dipped 9.6% to $105.28 following a second-quarter revenue miss.</li>
<li>Methode Electronics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEI#NYSE">MEI</a>) fell 9.4% to $11.37. Methode Electronics named Kevin Nystrom as interim CEO, effective immediately.</li>
<li>Datadog, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DDOG#NASDAQ">DDOG</a>) fell 8.9% to $115.57 following first-quarter results.</li>
<li>Air Lease Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AL#NYSE">AL</a>) dipped 7.8% to $47.49 following weak quarterly sales.</li>
<li>Perrigo Company plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRGO#NYSE">PRGO</a>) fell 6.3% to $31.32 following weak quarterly sales.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/05/38670858/dow-surges-over-50-points-disney-earnings-top-views">Dow Surges Over 50 Points; Disney Earnings Top Views</a>

Intraday Update

Movers

ADTN

AGRI

AIRE

AMBC

AORT

ATSG

BAND

BLDR

BTBD

BYON

CMND

COKE

CROX

DAVE

DDOG

EVER

FGEN

FWRG

GLDD

GSUN

Hims & Hers Health, Inc. Class A Common Stock

HIMS

HSDT

JELD

JJSF

JMIA

LCID

MSGM

NUVO

NUWE

PLTN

PLTR

PRGO

REAX

SELF

SGRY

STIM

STRL

TALK

TWKS

ZETA

Why Beyond Shares Are Trading Lower By Over 20%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Shares of Zeta Global Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NASDAQ">ZETA</a>) rose sharply in today's pre-market trading after the company reported better-than-expected first-quarter financial results and increased its <a href="https://www.benzinga.com/quote/ZETA/earnings">second-quarter revenue guidance</a>.
Zeta Global posted GAAP loss of 23 cents per share, compared to market expectations for a loss of 25 cents per share. The company's quarterly sales came in at $194.947 million topping estimates of $187.112 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Zeta Global shares jumped 15.3% to $15.00 in pre-market trading.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>reAlpha Tech Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) gained 65.8% to $1.42 in pre-market trading after the company announced the completion of its previously announced acquisition of Naamche.</li>
<li>FibroGen, Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGEN#NASDAQ">FGEN</a>) gained 27.5% to $1.48 in pre-market trading after the company reported mixed first-quarter financial results.</li>
<li>TC Biopharm (Holdings) Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCBP#NASDAQ">TCBP</a>) rose 26.8% to $1.84 in today's pre-market trading. TC BioPharm recently the execution of a non-binding letter of intent to acquire a company pursuing the development of innovative CAR-T thera.</li>
<li>Ambac Financial Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBC#NYSE">AMBC</a>) shares rose 19.1% to $18.00 in pre-market trading following better-than-expected first-quarter earnings.</li>
<li>Hims &amp; Hers Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIMS#NYSE">HIMS</a>) shares gained 16.4% to $13.57 in pre-market trading after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>Fundamental Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGF#NASDAQ">FGF</a>) jumped 15.3% to $1.51 in pre-market trading after the company announced the acquisition of Strong/MDI Screen Systems by FG Acquisition Corp. at a $30 million valuation.</li>
<li>T2 Biosystems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTOO#NASDAQ">TTOO</a>) shares gained 11.3% to $4.04 in pre-market trading after the company reported mixed first-quarter financial results and announced the execution of a territory exclusive distribution agreement in Qatar.</li>
<li>Symbotic Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NYSE">SYM</a>) shares rose 11.7% to $46.85 in pre-market trading after the company reported mixed second-quarter financial results.</li>
<li>UBS Group AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>) shares gained 7.6% to $29.70 in pre-market trading after the company posted better-than-expected results for its first quarter.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>AgriFORCE Growing Systems Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGRI#NASDAQ">AGRI</a>) fell 34% to $0.0953 in pre-market trading after the company filed for offering of up to 432.5 million shares by selling stockholders.</li>
<li>GreenPower Motor Company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GP#NASDAQ">GP</a>) shares declined 28.6% to $1.30 in pre-market trading after the company reported pricing of $2.3 million underwritten public offering.</li>
<li>mF International Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFI#NASDAQ">MFI</a>) shares fell 20.2% to $0.9575 in pre-market trading after dipping 10% on Monday.</li>
<li>Strong Global Entertainment, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGE#NYSE">SGE</a>) fell 15.1% to $2.25 pre-market trading. Fundamental Global announced acquisition of Strong/MDI Screen Systems, Inc. by FG Acquisition Corp. at a $30 million valuation.</li>
<li>Holdco Nuvo Group D.G Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUVO#NASDAQ">NUVO</a>) fell 13.7% to $4.53 in pre-market trading after jumping 157% on Monday.</li>
<li>Plutonian Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTN#NASDAQ">PLTN</a>) shares fell 12.8% to $8.32 in pre-market trading after surging 57% on Monday.</li>
<li>Trupanion, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUP#NASDAQ">TRUP</a>) shares declined 13% to $20.68 in pre-market trading following first-quarter results.</li>
<li>AudioCodes Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) shares fell 11.3% to $10.10 in pre-market trading after the company reported worse-than-expected first-quarter financial results.</li>
<li>Helius Medical Technologies, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSDT#NASDAQ">HSDT</a>) shares declined 9.9% to $2.18 in pre-market trading after the company announced pricing of $6.4 million public offering.</li>
<li>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) fell 9.3% to $22.85 pre-market trading following soft revenue guidance.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/05/38661451/disney-electronic-arts-and-3-stocks-to-watch-heading-into-tuesday">Disney, Electronic Arts And 3 Stocks To Watch Heading Into Tuesday</a>

Pre-Market Outlook

TCBP

TRUP

TTOO

Why Zeta Global Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket

AudioCodes shares are trading lower after the company reported worse-than-expected Q1 financial results.

U.S. stock futures were mostly higher this morning, with the Dow futures gaining around 80 points on Tuesday.
Shares of AudioCodes Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) fell sharply in today's pre-market trading after the company reported worse-than-expected <a href="https://www.benzinga.com/quote/AUDC/earnings">first-quarter financial results</a>.
AudioCodes posted adjusted earnings of 17 cents per share, missing market estimates of 23 cents per share. The company's quarterly sales came in at $60.076 million versus expectations of $62.452 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
AudioCodes shares dipped 11.3% to $10.10 in pre-market trading in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>Trupanion, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUP#NASDAQ">TRUP</a>) shares fell 13% to $20.68 in pre-market trading following first-quarter results.</li>
<li>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) shares dipped 9.3% to $22.85 pre-market trading following soft revenue guidance.</li>
<li>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) shares fell 8.5% to $2.79 in pre-market trading after the company reported mixed first-quarter financial results.</li>
<li>Beyond, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYON#NYSE">BYON</a>) fell 8.3% to $20.08 in pre-market trading following weaker-than-expected quarterly results.</li>
<li>Fresenius Medical Care AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMS#NYSE">FMS</a>) shares declined 7.9% to $19.73 in pre-market trading.</li>
<li>Bilibili Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>) shares fell 5.4% to $13.97 in pre-market trading.</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) shares slipped 5.1% to $15.71 in pre-market trading.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/05/38661465/investor-optimism-decreases-slightly-but-dow-records-gains-for-4th-day">Investor Optimism Decreases Slightly, But Dow Records Gains For 4th Day</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>

BILI

AudioCodes Reports Downbeat Earnings, Joins Trupanion, Palantir Technologies And Other Big Stocks Moving Lower In Tuesday Pre-Market Session

AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.23 by 26.09 percent. This is a 112.5 percent increase over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $60.076 million which missed the analyst consensus estimate of $62.452 million by 3.80 percent. This is a 1.46 percent increase over sales of $59.213 million the same period last year.

AudioCodes Q1 2024 Adj EPS $0.17 Misses $0.23 Estimate, Sales $60.076M Miss $62.452M Estimate

Tata Tele Business Services (TTBS) enterprise customers in India can now enjoy Microsoft Teams voice calling with AudioCodes' SaaS solutions for Microsoft Operator Connect and Direct Routing

Biotech

General

AudioCodes And Tata Tele Business Services Collaborate To Deliver Integrated Voice Calling For Microsoft Teams Under Smartflo UCaaS Product Line

Barclays analyst Ryan Macwilliams maintains AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) with a Underweight and raises the price target from $10 to $12.

Barclays Maintains Underweight on AudioCodes, Raises Price Target to $12

Needham analyst Ryan Koontz maintains AudioCodes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUDC#NASDAQ">AUDC</a>) with a Buy and raises the price target from $16 to $18.

Needham Maintains Buy on AudioCodes, Raises Price Target to $18

U.S. stocks traded mostly higher, with the Dow Jones gaining around 70 points on Tuesday.
Shares of GE HealthCare Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gehc#NASDAQ">GEHC</a>) rose sharply during Tuesday&rsquo;s session after the company reported better-than-expected quarterly financial results <a href="https://www.benzinga.com/quote/GEHC">and issued guidance</a>.
GE HealthCare posted adjusted earnings of $1.18 per share, beating market estimates of $1.07 per share. The company&rsquo;s quarterly sales came in at $5.21 billion versus expectations of $5.09 billion.
GE HealthCare Technologies surged 8.3% to $79.50 on Tuesday.
Here are some other big stocks recording gains in today&rsquo;s session.
<ul>
<li>Palantir Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pltr#NYSE">PLTR</a>) shares gained 27% to $21.23 after the company reported better-than-expected fourth-quarter sales results and issued guidance.</li>
<li>AudioCodes Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/audc#NASDAQ">AUDC</a>) climbed 16.3% to $14.16 after the company reported better-than-expected quarterly financial results.</li>
<li>Frontier Group Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ulcc#NASDAQ">ULCC</a>) climbed 15% to $5.94 following fourth-quarter results.</li>
<li>Dada Nexus Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dada#NASDAQ">DADA</a>) gained 13.6% to $1.91.</li>
<li>Coherent Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cohr#NYSE">COHR</a>) rose 13.1% to $55.92 after the company reported better-than-expected second-quarter financial results and revised FY24 guidance.</li>
<li>Cerus Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cers#NASDAQ">CERS</a>) gained 12.7% to $2.12.</li>
<li>Open Lending Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lpro#NASDAQ">LPRO</a>) rose 10.2% to $7.47. Morgan Stanley analyst James Faucette upgraded Open Lending from Underweight to Equal-Weight and raised the price target from $4 to $7.</li>
<li>XPeng Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xpev#NYSE">XPEV</a>) gained 9.6% to $8.64.</li>
<li>Weibo Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wb#NASDAQ">WB</a>) jumped 8.8% to $9.07.</li>
<li>ArcBest Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arcb#NASDAQ">ARCB</a>) rose 8% to $138.33 following upbeat earnings.</li>
<li>NIO Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nio#NYSE">NIO</a>) gained 7.8% to $5.80.</li>
<li>IHS Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ihs#NYSE">IHS</a>) gained 7.7% to $2.81.</li>
<li>Toyota Motor Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tm#NYSE">TM</a>) climbed 7.3% to $217.76 after it reported results for its third quarter and nine months of FY24.</li>
<li>Spotify Technology S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spot#NYSE">SPOT</a>) gained 6.2% to $237.10 after the company reported a 28% increase in ad-supported MAUs and a 15% increase in premium subscribers for the fourth quarter.</li>
<li>Hertz Global Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/htz#NYSE">HTZ</a>) rose 4.8% to $8.61 following quarterly results..</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/24/02/36953977/top-5-tech-stocks-you-may-want-to-dump-this-month"> Top 5 Tech Stocks You May Want To Dump This Month</a>
&nbsp;

ARCB

CERS

COHR

DADA

GEHC

LPRO

SPOT

ULCC

XPEV

GE HealthCare Technologies Posts Upbeat Earnings, Joins Toyota, Spotify And Other Big Stocks Moving Higher On Tuesday

Here's the major earnings before the open tomorrow

AudioCodes misses Q3 estimates

Reports Q3 revenue $60.24M, consensus $61.19M. "I am pleased to report we have successfully executed against our strategic priorities this quarter,...

AudioCodes reports Q3 EPS 16c, consensus 23c

Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS – CVS Health (CVS) up 12% Vertex (VERX) up 6% I...

Morning Movers: CVS Health surges and ODP sinks following Q3 results

Audiocodes (AUDC) has released an update. AudioCodes reported a slight decline in third-quarter revenues to $60.2 million, though service revenues ...

AudioCodes Sees Growth in Services Amidst Revenue Dip

AudioCodes Ltd. (AUDC) Q3 2024 Earnings Call Transcript

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Duolingo (DUOL – Research Report), Klaviyo, Inc. C...

Analysts Offer Insights on Technology Companies: Duolingo (DUOL), Klaviyo, Inc. Class A (KVYO) and Audiocodes (AUDC)

Needham analyst Ryan Koontz maintained a Buy rating on Audiocodes (AUDC – Research Report) today and set a price target of $11.00. Ryan Koontz has ...

Strong Future Demand and Strategic Shift Drive Buy Rating for Audiocodes Despite Short-term Challenges

Barclays lowered the firm's price target on AudioCodes (AUDC) to $9 from $10 and keeps an Underweight rating on the shares following the Q3 report....

AudioCodes price target lowered to $9 from $10 at Barclays

For value-focused investors, low P/E ratios often reveal hidden gems in the market. So, diving into solid tech stocks like Hewlett Packard (HPE), AudioCodes (AUDC), and Lantronix (LTRX) with attractively low P/E ratios could open doors to significant growth potential. Read on... Stocks with low <a href="https://www.investopedia.com/terms/p/price-earningsratio.asp">P/E ratios</a> are typically viewed as less risky and more defensive, offering a sense of stability during market fluctuations.
Amid this evolving landscape, quality tech stocks Hewlett Packard Enterprise Company (<a href="https://stocknews.com/stock/HPE/">HPE</a>), AudioCodes Ltd. (<a href="https://stocknews.com/stock/AUDC/">AUDC</a>), and Lantronix, Inc. (<a href="https://stocknews.com/stock/LTRX/">LTRX</a>) emerge as standout opportunities. Boasting low P/E ratios and robust growth potential, these companies present compelling prospects for investors looking to capitalize on the tech sector's ongoing expansion.
The technology sector is rapidly expanding, driven by continuous innovation and high demand for digital solutions that help businesses streamline operations and boost efficiency. Gartner forecasts worldwide IT spending to rise 8% year-over-year to <a href="https://www.gartner.com/en/newsroom/press-releases/2023-10-18-gartner-forecasts-worldwide-it-spending-to-grow-8-percent-in-2024">$5.07 trillion</a> this year.
Additionally, a <a href="https://connect.comptia.org/blog/emerging-trends-in-information-technology">wave of technological innovations</a>, including IoT, 5G, blockchain, spatial computing, homomorphic encryption, the metaverse, 3D printing, additive manufacturing, robotics, and automation, is poised to drive substantial industry growth, dramatically expanding its horizons.
Considering the trends in the industry, let us discuss the fundamentals of three tech stocks with discounted P/E ratios.
Hewlett Packard Enterprise Company (<a href="https://stocknews.com/stock/HPE/">HPE</a>)
HPE is a global technology company that offers general-purpose servers, hybrid cloud solutions, wired and wireless networks, and flexible investment solutions for technology deployment models. It operates under the Server; Hybrid Cloud; Intelligent Edge; Financial Services; Corporate Investments and Other segments.
In terms of forward non-GAAP P/E, HPE is trading at 10.14x, 58.6% lower than the industry average of 24.48x. The stock's forward EV/EBIT multiple of 11.10 is 45.6% lower than its industry average of 20.42x.
On October 29, HPE announced that TEPCO SYSTEMS, the IT and engineering arm of Tokyo Electric Power Company Holdings, had chosen the HPE GreenLake cloud platform to support decarbonization efforts. By leveraging data and AI, this collaboration aims to drive continuous innovation and develop new services, advancing TEPCO's progress toward net-zero goals.
During the fiscal 2024 third quarter that ended July 31, HPE's net revenue increased 10.1% year-over-year to $7.71 billion. Its non-GAAP earnings from operations grew 7.4% from the year-ago value to $771 million. In addition, HPE's non-GAAP net earnings and non-GAAP EPS rose 3.4% and 2% from the prior year's period to $661 million and $0.50, respectively.
Street expects HPE's revenue for the fiscal fourth quarter ending in October 2024 to increase 12.3% year-over-year to $8.26 billion. Its EPS for the ongoing quarter is expected to grow 7% from the prior year's quarter to $0.56. Moreover, the company surpassed the consensus EPS estimates in all four trailing quarters.
Over the past year, the stock has gained 29% to close the last trading session at $19.73. It soared 16.2% year-to-date.
HPE's sound fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
HPE has a B grade for Value and Momentum. Within the 45-stock <a href="https://stocknews.com/category/technology-communication-networking/">Technology – Communication/Networking</a> industry, the stock is ranked #9.
<a href="https://stocknews.com/stock/HPE/">Click here</a> to access additional HPE ratings for Sentiment, Growth, Quality, and Stability.
AudioCodes Ltd. (<a href="https://stocknews.com/stock/AUDC/">AUDC</a>)
Headquartered in Lod, Israel, AUDC offers advanced communications software, products, and productivity solutions for the digital workplace globally. The company offers solutions, products, and services for unified communications, contact centers, hosted business services, Voice.AI, and service provider businesses.
In terms of forward non-GAAP P/E, AUDC is trading at 11.35x, 53.7% lower than the industry average of 24.48x. Its forward EV/Sales multiple of 0.95 is 69% lower than the industry average of 3.07.
On October 28, AUDC expanded its Meeting Insights solution to support Zoom, addressing the needs of organizations using multiple UCaaS platforms like Microsoft Teams and Zoom. This enhancement aims to improve collaboration and insights in today's digital workplaces.
AUDC's total revenues increased marginally year-over-year to $60.30 million during the second quarter that ended June 30, 2024. Its gross profit grew 2.6% from the year-ago value to $39.48 million. The company's non-GAAP net income came in at $5.53 million and $0.18 per share, up 7.7% and 12.5% over the prior year's quarter, respectively.
Analysts expect AUDC's revenue and EPS for the fiscal year ending December 2024 to increase marginally and 9.9% year-over-year to $244.78 million and $0.85, respectively.
The stock climbed 27.6% over the past year, to close the last trading session at $9.56.
AUDC's solid fundamentals are apparant in its POWR Ratings. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
The stock has a B grade for Value and Stability. Within the Technology – Communication/Networking industry, AUDC is ranked #3.
In addition to the POWR Ratings we've stated above, we also have AUDC ratings for Quality, Growth, Momentum, and Sentiment. Get all AUDC ratings <a href="https://stocknews.com/stock/AUDC/">here</a>.
Lantronix, Inc. (<a href="https://stocknews.com/stock/LTRX/">LTRX</a>)
LTRX provides solutions for video surveillance, infotainment systems, and intelligent substation infrastructure. The company's IoT offerings comprise IoT System Solutions, Embedded IoT Modules, and Software and Engineering Services.
On October 17, LTRX introduced SmartLV, the first AI-enabled IoT Edge Compute Cellular Gateway powered by the Qualcomm&#xAE; IQ-615 processor. Designed for low-voltage substations and smart grid applications, SmartLV will debut at Enlit Europe on October 22–24, 2024, in Milan.
LTRX's forward non-GAAP P/E of 8.55x is 65.1% lower than the industry average of 24.48x. Its forward EV/Sales multiple of 0.96 is 68.7% lower than the 3.07 industry average.
During the fiscal 2024 fourth quarter that ended on June 30, 2024, LTRX's net revenue increased 40.5% year-over-year to $49.08 million. The company's non-GAAP net income amounted to $5.78 million and $0.11 per share, representing increases of 160% and 150% year-over-year, respectively.
Street expects LTRX's revenue and EPS for the fiscal first quarter ended September 2024 to increase 9.9% and 25.7% year-over-year to $36.31 million and $0.09, respectively. Furthermore, the company surpassed consensus revenue estimates in three of the four trailing quarters.
Shares of CRM have gained 18.7% over the past year and 17.3% over the past month to close the last trading session at $4.06.
LTRX's robust outlook is reflected in its POWR Ratings. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
LTRX has an A grade for Growth and a B for Value and Sentiment. Within the B-rated <a href="https://stocknews.com/category/technology-hardware/">Technology – Hardware</a> industry, it is ranked #3 out of 42 stocks.
To see LTRX's Stability and Momentum ratings, <a href="https://stocknews.com/stock/LTRX/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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HPE shares were trading at $20.48 per share on Wednesday afternoon, up $0.61 (+3.07%). Year-to-date, HPE has gained 23.10%, versus a 23.66% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/hpe-audc-ltrx-3-low-p-e-ratio-stocks-that-are-too-cheap-to/>3 Low P/E Ratio Stocks That Are Too Cheap to Ignore</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Low P/E Ratio Stocks That Are Too Cheap to Ignore

ABUS

ADRNY

ATHM

BMWYY

CELH

CLBT

CNDT

DUOL

EHTH

ENOV

EXAS

FOLD

GMED

HENKY

HNDAF

IONS

IRBT

KVYO

LNTH

LTRX

MCFT

MKTX

MOGO

NEON

OESX

PERI

PFGC

RPRX

SNDR

STWD

TCPC

TEVA

TRMB

URGN

VERX

VONOY

VRNOF

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AudioCodes Announces Filing of Form 20-F for the Fiscal Year Ended December 31, 2023

AudioCodes Announces First Quarter 2024 Reporting Date

AudioCodes Reports First Quarter 2024 Results

AudioCodes Ranked as Leading Global Enterprise SBC Vendor in 2023 by Omdia

AudioCodes Announces Second Quarter 2024 Reporting Date

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AudioCodes Reports Second Quarter 2024 Results and Declares Semi-Annual Dividend of 18 cents per share

AudioCodes Meeting Insights Selected as Winner of 'Best Use of AI' Category in UC Awards 2024

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