Ultime notizie per NV5 Global (NASDAQ:NVEE) Azioni

NV5 Global

NV5 Global Inc is a provider of technology, conformity assessment, and consulting solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets, operating nationwide and abroad. The Company's clients include the U.S. Federal, state and local governments, and the private sector. It also serve quasi-public and private sector clients from the education, healthcare, utility services, and public utilities, including schools, universities, hospitals, health care providers, and insurance providers. The operating business segments are Infrastructure, Building, Technology & Sciences, and Geospatial Solutions. The maximum revenue derives from the infrastructure segment.

NV5 Global Inc

Goldman Sachs analyst Matthew Sykes maintains Myriad Genetics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYGN#NASDAQ">MYGN</a>) with a Buy and lowers the price target from $14 to $8.

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MYGN

Goldman Sachs Maintains Buy on Myriad Genetics, Lowers Price Target to $8

U.S. stocks traded mixed at midday Wednesday, as investors remained cautious ahead of the Federal Reserve&#8217;s upcoming policy decision, with Chair Jerome Powell set to <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45258146/all-eyes-on-powell-betting-markets-reveal-what-the-fed-chair-is-most-likely-to-say-on-wednesday">speak at 2:30 p.m. ET.</a>
Trade developments continued to influence market sentiment. During a Senate hearing, Treasury Secretary Scott Bessent confirmed that initial talks with China will begin in Switzerland later this week, though he emphasized they are only preliminary.
Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) led notable decliners, plunging over 7% after a Bloomberg report indicated an Apple executive's testimony suggested AI may be eroding traditional search market share.
The Dow Jones outperformed, while tech-heavy indexes like the Nasdaq 100 and S&amp;P 500 lagged under pressure from Alphabet&#8217;s sharp decline. Sector performance was positive overall, with modest gains led by financials.
In commodities, U.S. natural gas prices at the Henry Hub surged over 5% to $3.640 per million British units, driven by recovering feedgas flows to Freeport LNG and forecasts for early-season heat boosting demand.
Gold retreated 1.5% after a strong two-day rally, while oil dipped 1.2% to $58.30 following a brief spike to $60 overnight.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) held steady at around $96,800.
<h3 class="wp-block-heading">Wednesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>41,115.49</td>
<td>0.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,993.68</td>
<td>0.5%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,619.12</td>
<td>0.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,781.12</td>
<td>-0.1%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:10 p.m. ET </figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.2% up to $559.98.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.7% to $410.96.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;fell 0.2% to $480.71.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.6% to $197.89.</li>
<li>The&nbsp;Financials&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) outperformed, up 0.9%; the&nbsp;Communication Services&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) lagged, down 0.8%.</li>
</ul>
<h3 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h3>
Stocks reacting to earnings included:
<ul>
<li>Arista Networks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>) down 6.84%</li>
<li>Gen Digital Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GEN#NASDAQ">GEN</a>) up 9.16%</li>
<li>Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) up 0.89%</li>
<li>International Flavors &amp; Fragrances Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IFF#NYSE">IFF</a>) down 6.09%</li>
<li>Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) up 0.41%</li>
<li>Mosaic Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOS#NYSE">MOS</a>) up 3.58%</li>
<li>Corpay Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPAY#NYSE">CPAY</a>) down 1.80%</li>
<li>Wynn Resorts Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) up 0.56%</li>
<li>Jack Henry &amp; Associates Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JKHY#NASDAQ">JKHY</a>) down 0.67%</li>
<li>Devon Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) down 0.16%</li>
<li>Super Micro Computer Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) down 6.04%</li>
<li>Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) down 9.09%</li>
<li>Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) down 2.90%</li>
<li>The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) up 11.46%</li>
<li>Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) down 2.02%</li>
<li>Emerson Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) up 2.72%</li>
<li>Johnson Controls International plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>) up 1.52%</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) down 4.78%</li>
<li>Verisk Analytics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSK#NASDAQ">VRSK</a>) up 4.22%</li>
<li>Rockwell Automation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) up 12.29%</li>
<li>Cheniere Energy Partners, L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CQP#NYSE">CQP</a>) down 0.82%</li>
<li>CDW Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDW#NASDAQ">CDW</a>) up 6.90%</li>
<li>NiSource Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NI#NYSE">NI</a>) up 3.13%</li>
</ul>
Stocks slated to report earnings after the close include Fortinet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), Axon Enterprise Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAXN#NASDAQ">AAXN</a>), Corteva Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTVA#NYSE">CTVA</a>), Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>), Texas Pacific Land Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPL#NYSE">TPL</a>), Atmos Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATO#NYSE">ATO</a>), Fidelity National Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNF#NYSE">FNF</a>), and Western Gas Partners LP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WES#NYSE">WES</a>).
Read Next:
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45257429/michael-saylor-calls-bitcoin-the-corporate-survival-strategy-for-96-of-companies">Michael Saylor Calls Bitcoin The &#8216;Corporate Survival Strategy&#8217; For 96% of Companies</a></li>
</ul>
Powell will be speaking at 2:30 p.m. ET. Watch below.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="&#x1f534;WATCH LIVE: FOMC Rate Decision &#x7C; Fed Chair Powell Press Conference &#x7C; May 7, 2025" width="500" height="281" src="https://www.youtube.com/embed/xpIaAwIGoIA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Photo: Shutterstock

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Wall Street Mixed Ahead Of Fed Meeting, Alphabet Sinks: What's Driving Markets Wednesday?

Performance Food Group Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFGC#NYSE">PFGC</a>) reported <a href="https://www.benzinga.com/pressreleases/25/05/b45248060/performance-food-group-company-reports-third-quarter-and-first-nine-months-fiscal-2025-results">third-quarter 2025 revenue </a>growth of 10.5% year-on-year to $15.31 billion, missing the analyst consensus estimate of $15.4 billion.
Total case volume grew 10% year over year. The increase in net sales was driven by recent acquisitions, including the purchase of Cheney Bros, an increase in cases sold, including a favorable shift in the mix of cases sold, and an increase in selling price per case due to inflation. 
Net sales for food service increased 19.2% to $8.4 billion, and Specialty decreased 0.2% to $1.1 billion.
Also Read: <a href="https://www.benzinga.com/general/restaurants/25/05/45177147/mcdonalds-stumbles-on-weak-traffic-despite-margin-gains-and-analyst-optimism">McDonald&#8217;s Stumbles On Weak Traffic, Despite Margin Gains And Analyst Optimism</a>
Operating expenses rose 16.5% to $1.6 billion. Gross profit increased 16.2% Y/Y to $1.8 billion, with the margin expanding 60 basis points to 11.9%.
The operating margin was 1.1%, and operating income for the quarter was $174.4 million versus $154.9 million last year.
Adjusted EBITDA for the quarter jumped 20.1% to $385.1 million. Adjusted EPS of $0.79 <a href="https://www.benzinga.com/earnings">missed the analyst consensus</a> estimate of $0.87.&nbsp;
As of March 29, the company held $10.2 million in cash and equivalents. Net cash provided by operating activities for the nine months totaled $827.1 million, compared to $956.7 million last year.
As of March 29, approximately $166.4 million remains available for additional share repurchases under the company&#8217;s $300 million share repurchase program authorized by the Board of Directors in November 2022.
Outlook: The company cut the top end of its FY23 sales outlook range and sees $63 billion &#8211; $63.5 billion (prior $63 billion &#8211; $64 billion) versus the $63.24 billion consensus.
PFGC expects adjusted EBITDA of $1.725 billion to $1.75 billion.
Price Action:&nbsp;PFGC shares&nbsp;traded lower by 0.06% at $81.03 at last check Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45237060/despite-nikes-executive-overhaul-ongoing-challenges-persist-says-analyst">Nike Revamps C-Suite, &#8216;Win Now&#8217; Strategy Faces Profit Pressure: Analyst</a></li>
</ul>

General

PFGC

Performance Food Whips Up Growth, But Profit Miss Takes A Bite Out

Goldman Sachs analyst Stephen Laszczyk maintains Mattel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAT#NASDAQ">MAT</a>) with a Buy and lowers the price target from $24 to $21.

Goldman Sachs Maintains Buy on Mattel, Lowers Price Target to $21

JMP Securities analyst David Turkaly maintains Zimmer Biomet Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZBH#NYSE">ZBH</a>) with a Market Outperform and lowers the price target from $140 to $125.

JMP Securities Maintains Market Outperform on Zimmer Biomet Holdings, Lowers Price Target to $125

CDNS

Cadence Expands Cadence Millennium Enterprise Platform With Introduction Of new Millennium M2000 Supercomputer Featuring NVIDIA Blackwell Systems

Goldman Sachs analyst Stephen Laszczyk maintains Madison Square Garden (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSGE#NYSE">MSGE</a>) with a Buy and raises the price target from $36 to $41.

MSGE

Goldman Sachs Maintains Buy on Madison Square Garden, Raises Price Target to $41

Roper Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NASDAQ">ROP</a>) has outperformed the market over the past 10 years by 2.47% on an annualized basis producing an average annual return of 12.76%. Currently, Roper Technologies has a market capitalization of $61.75 billion. 
Buying $1000 In ROP: If an investor had bought $1000 of ROP stock 10 years ago, it would be worth $3,349.02 today based on a price of $575.00 for ROP at the time of writing.
<h3>Roper Technologies's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746636366_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$1000 Invested In Roper Technologies 10 Years Ago Would Be Worth This Much Today

Zeekr Intelligent Technology Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) <a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener">shares are trading higher on Wednesday.</a>
Geely Automobile Holdings announced a proposal to take its electric vehicle subsidiary, Zeekr Intelligent Technology Holding, private, per a <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0507/2025050700604.pdf" target="_blank" rel="noreferrer noopener">filing </a>on the Hong Kong Exchange.
The offer, disclosed on May 7, 2025, values Zeekr at approximately $6.5 billion, with Geely offering $25.66 per American Depositary Share (ADS), representing a 13.6% premium over Zeekr&#8217;s last closing price.
The decision aligns with Geely&#8217;s broader strategy to streamline operations and reduce redundancies across its automotive brands, including Volvo, Lotus and Polestar.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45254805/rockwell-automation-posts-better-than-expected-earnings-joins-oscar-health-charles-river-laboratories-walt-disney-voya-financial-and-other-big-stocks-moving-higher-on-wednesday" rel="noreferrer noopener">Rockwell Automation Posts Better-Than-Expected Earnings, Joins Oscar Health, Charles River Laboratories, Walt Disney, Voya Financial And Other Big Stocks Moving Higher On Wednesday</a>
The company aims to enhance competitiveness and create long-term value by integrating Zeekr&#8217;s assets and resources.
To finance the buyout, Geely plans to use a combination of newly issued shares, existing cash reserves and, if necessary, debt financing. Currently holding approximately 65.7% of Zeekr&#8217;s shares, Geely seeks to acquire the remaining stake to make Zeekr a wholly-owned subsidiary and subsequently delist it from the NYSE.
This proposed privatization reflects the challenges faced by Chinese EV makers in the global market, including economic complexities and increased domestic competition.
By consolidating its EV operations, Geely aims to better position itself in the rapidly evolving electric vehicle landscape.
ZK Price Action: Zeekr shares are trading higher by 10.67% to $25 at publication on Wednesday.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45205432/opec-just-created-the-income-trade-of-the-decade" target="_blank" rel="noreferrer noopener">OPEC Just Created The Income Trade Of The Decade</a></li>
</ul>
Photo: Courtesy Zeekr, Geely Automobile

Equities

Global

Markets

Movers

What's Going On With Zeekr Stock Today?

JMP Securities analyst Jason Butler maintains Viridian Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRDN#NASDAQ">VRDN</a>) with a Market Outperform and lowers the price target from $42 to $38.

VRDN

JMP Securities Maintains Market Outperform on Viridian Therapeutics, Lowers Price Target to $38

Goldman Sachs analyst Gabriela Borges maintains Klaviyo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVYO#NYSE">KVYO</a>) with a Buy and lowers the price target from $51 to $44.

KVYO

Goldman Sachs Maintains Buy on Klaviyo, Lowers Price Target to $44

Goldman Sachs analyst Susan Maklari maintains JELD-WEN Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JELD#NYSE">JELD</a>) with a Neutral and lowers the price target from $6 to $5.25.

JELD

Goldman Sachs Maintains Neutral on JELD-WEN Holding, Lowers Price Target to $5.25

Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) announced on Tuesday that it has created a <a href="https://www.benzinga.com/topic/quantum-computing" target="_blank" rel="noreferrer noopener">new quantum chip</a> in collaboration with UC Santa Barbara that enables quantum networks to scale and connect quantum processors for practical applications. The company also said it <a href="https://blogs.cisco.com/news/quantum-networking-how-cisco-is-accelerating-practical-quantum-computing">opened</a> a quantum lab in Santa Monica, CA, where quantum scientists and engineers are building quantum networking technologies.
The quantum network entanglement chip operates at standard telecom wavelengths and can leverage existing fiber optic infrastructure. The new chip is also energy efficient, consuming less than 1 megawatt of power.
Cisco also said it has opened its Cisco Quantum Labs facility in Santa Monica, CA.
Also Read: <a target="_blank" href="https://www.benzinga.com/tech/25/04/44991419/nvidia-powers-next-gen-adaptive-digital-ai-agents-for-cisco-nasdaq-and-meta" rel="noreferrer noopener">Nvidia Powers Next-Gen Adaptive Digital AI Agents For Cisco, Nasdaq, And Meta</a>
The lab&#8217;s researchers will work on the new entanglement chip and advance other research prototypes, such as entanglement-distribution protocols, a distributed quantum-computing compiler, a Quantum Network Development Kit, and a&nbsp;Quantum Random Number Generator&nbsp;(QRNG).
Cisco also implemented&nbsp;Post-Quantum Cryptography&nbsp;(PQC) NIST standards across its portfolio, ensuring classical networks remain secure in a post-quantum world.
In February, Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web Services (AWS) announced <a href="https://www.benzinga.com/tech/25/02/44019698/amazon-unveils-ocelot-quantum-chip-after-microsoft-aims-to-slash-error-correction-costs-by-90">Ocelot</a>, its new quantum computing chip, which is expected to reduce the costs of implementing quantum error correction by up to 90%. The AWS Center for Quantum Computing team developed the chip at the California Institute of Technology.
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) debuted the Majorana 1 quantum chip to scale to 1 million qubits for industrial-scale problem-solving.
Last December,&nbsp;Alphabet Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google&nbsp;announced its&nbsp;quantum chip&nbsp;Willow that could reduce errors exponentially as it scaled up&nbsp;using&nbsp;more&nbsp;qubits.
In November, NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) tapped Quantum AI to drive the development of quantum computing devices.
Price Action: CSCO is trading flat at $59.33 on Wednesday.
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<li><a href="https://www.benzinga.com/tech/25/05/45235394/nvidia-broadcom-lead-fund-manager-buys-even-as-semiconductor-sector-cools-analysts" target="_blank" rel="noreferrer noopener">Nvidia, Broadcom Lead Fund Manager Buys Even As Semiconductor Sector Cools: Analysts</a></li>
</ul>
Photo via Shutterstock

AMZN

CSCO

MSFT

NVDA

Cisco Unveils Quantum Chip And Lab To Push Next-Gen Networking

JMP Securities analyst Roy Buchanan maintains Dynavax Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DVAX#NASDAQ">DVAX</a>) with a Market Outperform and lowers the price target from $33 to $31.

DVAX

JMP Securities Maintains Market Outperform on Dynavax Technologies, Lowers Price Target to $31

Charles River Laboratories International Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) stock is trading higher on Wednesday after the company released better than expected <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45248168/charles-river-laboratories-announces-first-quarter-2025-results" rel="noreferrer noopener">first-quarter 2025 earnings</a>.
The life science tools company reported:
<ul>
<li>Revenue of $984.2 million, a decrease of 2.7% year over year, beating the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus of $941.97 million</a>.</li>
<li>Operating margin decreased to 7.6% from 12.5% in the first quarter of 2024, primarily due to lower revenue and higher amortization expense related to the accelerated amortization of certain CDMO client relationships.</li>
<li>On an adjusted basis, the first-quarter operating margin increased to 19.1% from 18.5%, driven primarily by the benefit of cost savings resulting from restructuring initiatives, partially offset by lower revenue.</li>
<li>Adjusted EPS of $2.34, up from $2.27 a year ago, surpassing the consensus estimate of $2.08.</li>
<li>Revenue for the Research Models and Services (RMS) segment was $213.1 million, a decrease of 3.5% year over year.</li>
<li>The impact of foreign currency translation reduced revenue by 1.0%.</li>
<li>Organic revenue decreased by 2.5%, due primarily to the timing of NHP shipments in China and lower revenue for the Cell Solutions business. The decline was partially offset by higher sales of small research models across all geographic areas, principally driven by higher pricing.</li>
<li>Revenue for the Discovery and Safety Assessment (DSA) segment was $592.6 million, down 2.1%.</li>
<li>The impact of foreign currency translation reduced DSA revenue by 0.6%, and the divestiture of a small DSA site reduced reported revenue by 0.1%.</li>
<li>Organic revenue decreased by 1.4%, driven primarily by lower revenue for discovery services.</li>
<li>Manufacturing Solutions&#8217; revenue reached $178.5 million, down 3.6%.</li>
<li>The impact of foreign currency translation reduced Manufacturing revenue by 1.4%.</li>
<li>Organic revenue decreased 2.2%, primarily driven by the CDMO and Biologics Testing businesses. This was partially offset by higher revenue in the Microbial Solutions business.</li>
</ul>
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/04/44764201/whats-going-on-with-charles-river-certara-simulations-plus-stocks-on-friday" rel="noreferrer noopener">What&#8217;s Going On With Charles River, Certara, Simulations Plus Stocks On Friday?</a>
Charles River CEO James Foster cited a an improvement in DSA booking activity &#8220;to the highest level in two years.&#8221; 
Guidance: Charles River raised its 2025 outlook to reflect improved net bookings in the DSA segment during the first quarter, which are expected to result in incremental DSA revenue this year, particularly during the first half.
The company expects 2025 revenue to decline between 5.5% and 3.5% compared to the prior range of 7% and 4.5% on a reported basis and organically at 4.5% and 2.5% <a target="_blank" href="https://www.benzinga.com/general/health-care/25/02/43832606/analyst-sees-charles-river-as-preclinical-leader-but-maintains-neutral-stance" rel="noreferrer noopener">(5.5% and 3.5% prior)</a>.
Charles River raised its fiscal year 2025 adjusted EPS guidance from $9.10-$9.60 to $9.30–$9.80 versus a consensus of $9.33.
The company also released several governance updates, including appointing four new directors to its board, reaching a cooperation agreement with Elliott Investment Management, and initiating a strategic review to enhance <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45248128/charles-river-laboratories-announces-governance-updates-and-strategic-review-to-enhance-long-term-" rel="noreferrer noopener">long-term shareholder value</a>.
Price Action: CRL stock is up 22.9% at $141.83 at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/05/45252907/uber-sees-strong-trip-growth-but-warns-on-us-rideshare-pressure-in-2025-outlook" target="_blank" rel="noreferrer noopener">Uber Sees Strong Trip Growth But Warns About US Rideshare Pressure In 2025 Outlook</a></li>
</ul>

Earnings

Guidance

Health Care

Charles River Laboratories' Q1 Earnings Beat Consensus, Stock Trades Higher On Signs Of Demand Stabilization

Goldman Sachs analyst Eric Sheridan maintains IAC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAC#NASDAQ">IAC</a>) with a Buy and lowers the price target from $60 to $46.

Goldman Sachs Maintains Buy on IAC, Lowers Price Target to $46

Wedbush analyst Michael Pachter maintains Electronic Arts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) with a Outperform and raises the price target from $179 to $210.

Wedbush Maintains Outperform on Electronic Arts, Raises Price Target to $210

MGE Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGEE#NASDAQ">MGEE</a>) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $0.98 by 16.33 percent. This is a 22.58 percent increase over earnings of $0.93 per share from the same period last year. The company reported $218.97 million in sales this quarter. This is a 14.44 percent increase over sales of $191.34 million the same period last year.

Earnings Beats

MGEE

MGE Energy Q1 EPS $1.14 Beats $0.98 Estimate, Sales $218.97M Up From $191.34M YoY

Asset Entities Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) shares are surging Wednesday after the company announced a merger deal to form a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/pressreleases/25/05/g45249975/asset-entities-to-merge-with-strive-asset-management-to-form-the-first-publicly-traded-asset-manag">treasury company</a>.
What Happened: Asset Entities entered into a definitive merger agreement with Strive Asset Management, in which the companies will combine under the Strive brand and become a public bitcoin treasury company on the Nasdaq.
Strive Asset Management said it intends to use &#8220;all available mechanisms&#8221; to build a long-term strategy designed to outperform Bitcoin, using Bitcoin as the hurdle rate for capital deployment.
The company plans to implement proprietary strategies to drive bitcoin accumulation in accretive ways, including an offer of combined company equity in exchange for Bitcoin in a manner that is intended to be tax-free to investors under Section 351 of the U.S. tax code.
The reverse merger structure is expected to give the company immediate access to an effective shelf registration statement to raise primary capital, which the company plans to expand to&nbsp;$1 billion&nbsp;following the closing in order to accumulate bitcoin through both equity and debt offerings.
&#8220;We are thrilled to be joining forces with Strive Asset Management to help pioneer the future of corporate Bitcoin treasury strategies,&#8221; said Arshia Sarkhani, president and CEO of Asset Entities. 
&#8220;Our strength in building and activating online communities across Discord and other platforms uniquely positions us to drive education, engagement, and adoption of Bitcoin-centric financial models. This merger empowers us to amplify Strive&#8217;s bold mission while delivering transformative value to shareholders.&#8221;
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45259065/bitcoin-hovers-around-97000-but-a-correction-may-be-around-the-corner-traders-warn">Bitcoin Hovers Around $97,000, But A Correction May Be Around The Corner, Traders Warn</a>
Matt Cole will lead the company as CEO and chairman of the board. Strive Enterprises, Inc., which was co-founded by &nbsp;former Republican presidential candidate&nbsp;Vivek Ramaswamy,&nbsp;will remain a privately-held company, continuing to focus on expanding its wealth management business.
Strive Enterprises will own approximately 94.2% of the public company and the legacy shareholders of Asset Entities will own the remaining&nbsp;5.8%, before factoring in the contemplated bitcoin-for-stock exchange and additional financing. 
Asset Entities shares were halted for volatility multiple times in Wednesday trading. The company had a market cap of just $8.33 million as of Tuesday&#8217;s close, according to data from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
173 million shares have already been traded on Wednesday, versus the average of approximately 1.04 million. 
ASST Price Action: <a href="http://benzinga.com/quote/asst">Asset Entities shares</a> were up 283.6% at $2.34 at the time of publication Wednesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45257429/michael-saylor-calls-bitcoin-the-corporate-survival-strategy-for-96-of-companies">Michael Saylor Calls Bitcoin The &#8216;Corporate Survival Strategy&#8217; For 96% of Companies</a></li>
</ul>
Photo: creativeneko/Shutterstock.

Contracts

ASST

Asset Entities Stock Rockets Higher On Merger Deal To Form Bitcoin Treasury Company

Wedbush analyst Daniel Ives maintains Rivian Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) with a Outperform and lowers the price target from $20 to $18.

Wedbush Maintains Outperform on Rivian Automotive, Lowers Price Target to $18

Press Releases

NV5 Announces Fourth Quarter and Full Year 2024 Results; Issues Full Year 2025 Guidance

NV5 Expands Data Center Platform in Thailand with 250 MW of Large-Scale Projects and $6 Million Hyperscale Data Center Award

NV5 Awarded $5 Million Florida Department of Transportation Geotechnical Engineering and Materials Testing Contract

NV5 Continues to Strengthen Global Data Center Expansion With $18 Million in Recent Contract Awards

NV5 Acquires Herman Cx; Strengthens Domestic Data Center Commissioning Business

NV5 Acquires CRS Survey; Strengthens North Carolina Infrastructure Capabilities

NV5 Awarded $9 Million in Geospatial Utility Contracts to Support Wildfire Mitigation

NV5 Awarded $15 Million California Transportation Infrastructure Contract

NV5 to Host First Quarter 2025 Conference Call on Thursday, May 1st at 4:30pm ET

NV5 Announces Strong First Quarter Results; Reaffirms Positive Full-Year 2025 Guidance

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