RH, together with its subsidiaries, operates as a retailer in the home furnishings and operates under RH Galleries and RH brand names in the District of Columbia and Canada, as well as Waterworks showrooms throughout the United States and the United Kingdom. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com, and Source Books, a series of catalogs. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California.

Компания RH демонстрирует смешанную фундаментальную картину. С одной стороны, мультипликаторы P/E и P/S значительно превышают медианные значения по отрасли, что указывает на потенциальную переоценённость. С другой стороны, показатели EPS и EPS-прогнозов значительно выше медианы, что может свидетельствовать о сильных перспективах роста прибыли. Однако, уровень задолженности компании (долг к капиталу) и финансовые результаты, такие как чистая прибыль и операционная прибыль, значительно ниже средних показателей по сектору, что создаёт риски. Показатели рентабельности (ROE, ROA) также находятся ниже медианы, что указывает на слабую эффективность использования капитала. Кроме того, отсутствие дивидендных выплат делает компанию менее привлекательной для инвесторов, ориентирующихся на доходность. Несмотря на высокий уровень активов, отрицательная собственная капитализация указывает на потенциальные проблемы с финансовой устойчивостью. В совокупности эти факторы требуют осторожности при оценке компании, особенно с точки зрения её текущей рыночной стоимости.

Key Points
E.l.f. Beauty has a big opportunity expanding the Rhode brand.
It could be worth betting on DraftKings as it battles the predictions market threat.
RH's newest brand extension could be a game-changing growth driver.
There are several growth stocks in the consumer space that have been cut in half and now look like attractive buys. While consumer stocks can be impacted by the economy and consumer spending, if investors can tune out the near-term noise, they can often find some gems.
Here are three growth stocks down around 50% to start adding to your portfolio for the long haul.
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1. E.l.f. Beauty: Still a beauty queen
E.l.f. Beauty (NYSE: ELF) stock has been volatile over the past year, hurt by tariffs, but its growth story remains intact. The company has done a fabulous job over the past few years, driving sales and taking market share with its namesake brand in the mass cosmetics space.
Its introduction of cheaper products similar to popular prestige brand offerings and influencer marketing has resonated with younger demographics. This helped the company increase distribution into new retail outlets and expand its shelf space.
Now the company has a big growth opportunity following its acquisition of celebrity Hailey Bieber's Rhode brand.
Bieber, who will stay on as Rhode's chief creative officer, helped build Rhode into an upscale skincare brand with sales over $200 million, with just a handful of products sold on its website. E.l.f. will now have the ability to plug the brand into its influencer marketing machine, expand its product portfolio, and increase its distribution. That should lead to strong growth in the coming years, and is the main reason investors should jump on the stock as it's more than 50% off its highs.
2. DraftKings: A bet worth making
DraftKings (NASDAQ: DKNG) stock has been roiled by the rise of prediction markets, which essentially offer futures contracts that function as sports bets without state oversight. Instead of just pouting about this somewhat legally questionable new competition, DraftKings has decided to join them with its own prediction offering.
However, the fights over sports betting on these prediction markets are far from over, as it bypasses important state tax revenue, and there is a bipartisan bill that would bar prediction markets from offering contracts that act as sports bets. That would be huge win for DraftKings if it were signed into law.
As the company waits, though, it has recently introduced a super app that brings together its sportsbook, online gaming, lottery, and prediction market offerings. Notably, the app will only display what offerings are legal in the state a user is currently in.
While revenue growth is expected to slow to 11% this year as it navigates the predictions market threat, DraftKings still predicts it will reach 30% EBITDA margins by 2030 (up from 10% last year), which would represent huge profitability growth in the coming years.
Between DraftKings' margin expansion opportunities and the potential for sports contracts to be barred on prediction sites, it's worth betting on DraftKings with the stock down nearly 50%.
3. RH: Looking to be the dominant global player in luxury furniture
One of the hardest hit industries the past few years has been the home furnishings and furniture industry. There was a big pull forward in demand during the COVID-19 pandemic as people spent more time at home, while tariffs have hit the industry particularly hard.
Despite that, RH (NYSE: RH), formerly known as Restoration Hardware, was able to grow its revenue and EBITDA as it embarks on an aggressive expansion strategy, both in the U.S. and in international markets. Importantly, it also turned free cash flow positive last year despite building out new, expensive showrooms.
The company is working to position itself as a luxury home brand on par with luxury fashion brands. This year, it is introducing a major new brand extension, called RH Estates, to tackle the traditional furniture preferences of many luxury home owners. It made several small acquisitions to help create bespoke, custom-made collections to launch this new effort.
This should also help with its European expansion, where these styles are more prevalent with upscale customers. RH predicts that RH Estates will become its biggest growth and highest-margin business in the coming years.
While the furniture industry is in a rough spot, now could be a great time to buy RH stock as it works to become a global luxury furniture leader.
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Geoffrey Seiler has positions in e.l.f. Beauty. The Motley Fool has positions in and recommends e.l.f. Beauty. The Motley Fool recommends RH. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Down 50% and Still Standing: 3 Growth Stocks Worth Your Attention Now

For Immediate Release
Chicago, IL – April 8, 2026 – Zacks Equity Research shares Samsara IOT as the Bull of the Day and RH RH as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Intel Corp. INTC, Micron Technology, Inc. MU and Broadcom Inc. AVGO.
Here is a synopsis of all five stocks:
Samsara, a Zacks Rank #1 (Strong Buy), operates a cloud-based IoT platform that connects vehicles, equipment, and facilities through sensors, helping businesses track, monitor, and optimize their physical operations in real time.
The stock has pulled back with the market after a solid earnings beat that helped the stock erase 2026 losses. After some consolidation, current levels are giving investors a nice opportunity to enter one of the most compelling long-term growth stories in the industrial technology space.
About the Company
Samsara serves a wide range of asset-intensive industries including logistics, construction, utilities, and field services. Its platform addresses critical operational needs across fleet tracking, driver safety, asset monitoring, regulatory compliance, and operations analytics.
What makes Samsara's model attractive is its high recurring revenue base and strong revenue visibility. Once embedded in a customer's operations, the platform becomes deeply mission-critical, driving low churn and expanding wallet share over time. The company now serves customers across multiple verticals with a growing suite of connected products, and multi-product adoption is accelerating.
IOT is valued at $19 billion and has a Forward PE of 47. The stock has Zacks Style Scores of "F" in Value, but "A" in Growth.
Q4 Earnings Beat
Samsara delivered a strong fourth-quarter beat, coming in 38% above EPS expectations. Revenue reached $444 million versus the $422 million consensus, representing continued momentum in a challenging macro environment for industrial spending.
Annual Recurring Revenue hit $1.89 billion, up 30% year-over-year, with $432 million in net new ARR added in the quarter. Notably, this marks three consecutive quarters of accelerating net new ARR growth.
Guidance was constructive across the board. For Q1, the company sees revenue of $454–456 million versus the $445 million consensus, implying 24% year-over-year growth. The bigger story was the full-year fiscal 2027 outlook: revenue guidance of $1.97 billion topped the $1.91 billion consensus, with EPS guided to $0.65–0.69 versus the $0.57 expected.
Management also outlined a path to 19% operating margins. This is a signal that this is no longer just a growth story, but an increasingly profitable and scalable one.
Estimates Head Higher
Analyst estimates have been moving steadily higher in the wake of earnings. For the current year, estimates have risen from $0.57 to $0.68 over the past 30 days. Next year's estimates have moved from $0.71 to $0.84 over the same period, an 18% increase.
On the analyst front, the institutional community remains broadly bullish. Wells Fargo, Piper Sandler, and Keybanc all reiterate Overweight ratings with price targets ranging from $39 to $46. Goldman Sachs reiterates a Buy and raised its target to $41 from $36.
The AI and Data Moat
One of the most underappreciated elements of the Samsara story is the scale of its data infrastructure. The platform now processes 25 trillion data points annually, which is a figure that creates a compounding competitive advantage as the company deploys AI across its product suite.
AI is becoming central to the platform narrative. Products like Safety Coach use this data to deliver real-time driver coaching and risk scoring, and management has outlined a roadmap toward broader automation agents built on top of this foundation. The more data the platform ingests, the smarter and more differentiated the AI layer becomes.
The Technical Take
The stock started trending upward early in 2023, moving from under $10 to $61 early in 2025. Since then the stock had dropped about 50% and started to consolidate around the $30-35 level.
The cloud related sell off took the stock down to three-year lows early this year, but it has rallied since reporting earnings.
The stock is sensitive to moving averages and trades well off those MA's. Let us look at those levels:
21-day: $32.20
50-day: $29.70
200-day: $35.50
The bulls will want to get price above that 200-day and the Fibonacci resistance level at $38. If that level is broken and price holds above $40 long term Fibonacci extension targets indicate price targets at $60.
In Summary
Samsara is executing at a high level across every dimension that matters for a long-term platform investment: accelerating ARR growth, expanding margins, improving profitability, and a widening AI-driven data moat.
The story is evolving from pure hypergrowth to profitable, scalable growth. With a Zacks Rank #1, rising estimates, and broad analyst support, IOT is a name that belongs on every growth investor's radar.
RH is a Zacks Rank #5 (Strong Sell) and the Bear of the Day. Once a darling of the high-end home furnishings space, the company is navigating a difficult combination of earnings disappointment, a weakening near-term outlook, and mounting cost pressures.
About the Company
Formerly known as Restoration Hardware, RH operates as a retailer and lifestyle brand in the home furnishings market. The company sells furniture, lighting, textiles, bath ware, décor, outdoor and garden furnishings, and baby, child, and teen furnishings through galleries, interior design studios, outlets, guesthouses, and showrooms, as well as through hospitality, website, and trade channels.
RH operates through three segments: RH Segment, Waterworks, and Real Estate. Founded in 1980 and headquartered in Corte Madera, California, the company has built a premium brand with a loyal customer base. However, that brand is being tested right now by macro headwinds and self-inflicted execution challenges.
RH has a market cap of $2B, with a Zacks Style Score of "B" in Growth and Value.
Q4 Earnings Miss
RH's fourth quarter was a clear miss. The company reported adjusted EPS of $1.53 against expectations of $2.21, a 31% shortfall. Revenue came in at $843 million versus the $872 million consensus. Management cited approximately $30 million in revenue headwinds from tariff-related resourcing that drove higher-than-expected backorder and special-order balances.
On the margin front there was a silver lining, with adjusted EBITDA margin of 17.7% improved modestly from 17.1% a year ago, and adjusted operating margin ticked up to 11.5% from 11.3%. But the headline miss and the forward guidance overshadowed any positive margin read-through.
For Q1, RH guided revenue growth of -2% to -4% against a consensus expectation of +8%, a dramatic swing in the wrong direction. Adjusted EBITDA margin guidance of 14–15% reflects approximately 420 basis points of drag from pre-opening and startup costs tied to international expansion.
For the full year, RH guided revenue growth of 4–8% versus the 9.6% consensus, with adjusted EBITDA margins of 14–16%. Again, weighed down by roughly 270 basis points of international expansion costs.
The message to investors is clear: the next several quarters will be a show-me period as the company absorbs heavy investment costs before the international buildout begins to contribute meaningfully.
Estimates and Price Targets Fall After Earnings
Ugly revisions to the down side across all time frames. Analysts slashed the current quarter from $0.88 to -$1.49. For the current year, numbers have been taken down from $10.22 to $7.66.
Analyst price target cuts have been swift and broad following the print.
Goldman Sachs reiterated a Sell rating, cutting its target to $88 from $101. Citigroup reiterated Neutral and cut to $150 from $183. Guggenheim cut to $200 from $275 while maintaining its Buy. Barclays cut to $202 from $283 but held its Overweight.
The wide dispersion in price targets reflects genuine uncertainty about how the international expansion plays out, but the direction of revisions is uniformly lower. And Goldman's Sell at $88 is a reminder that meaningful downside remains on the table.
Technical Take
Let's look at some moving averages:
21-day: $130
50-day: $166
200-day: $188
Those moving averages seem unachievable unless the earnings story turns. Looking to the downside the COVID low was in the $75 area, a spot the bears will no doubt be looking for.
In Summary
RH is dealing with a perfect storm of a big earnings miss, a Q1 guide that shocked to the downside, tariff-related disruptions, and a margin profile that will be under pressure for several quarters. Until the company can demonstrate that the international buildout is on track and domestic demand is stabilizing, the stock carries meaningful risk to the downside.
Additional content:
Broadcom Slips 9% — Why Smart Investors Should Buy the Dip Now
Unlike competitors such as Intel Corp. and Micron Technology, Inc., this year has been relatively muted for Broadcom Inc.. Despite sound fundamentals, its shares have shown continued weakness. But could this offer a good entry point for savvy investors? Let's see in detail –
Broadcom Stock: Short-Term Weakness, Long-Term Opportunity
Broadcom's shares have faced pressure this year, primarily due to concerns that its explosive artificial intelligence (AI)-driven growth may slow, prompting investors to take profits. Broadcom's shares have declined 9.2% year to date, while a death cross pattern emerged in the last trading session.
On Monday, the Broadcom stock finished at $314.43, while the 50-day moving average (DMA) was $324.06 below the 200-DMA, which was $326.94. It's a bearish technical pattern, highlighting that the Broadcom stock is losing momentum.
However, investors shouldn't freak out because a death cross often indicates a short-term bearish trend, while Broadcom remains fundamentally strong and well-positioned to recover in the long run. And why not? With a net profit margin of 36.6%, well above the Electronics - Semiconductors industry's 28.6%, Broadcom continues to demonstrate stronger profitability and solid growth potential.
Broadcom remains more efficient in generating profits than its peers. This is because Broadcom's return on equity (ROE) of 47.5% exceeds the industry's ROE of 34.3%.
Moreover, by the time this death cross pattern appeared, much of the downside may already have been priced in, potentially making the Broadcom stock an attractive "buy the dip" opportunity for investors.
Why Broadcom Is a Smart Buy Right Now
Broadcom's consolidated revenues hit a record $19.3 billion in the fiscal first quarter of 2026, up 29% year over year, according to investors.broadcom.com. This showed that despite being a large-cap company, Broadcom can scale revenues.
This growth was largely fueled by its explosive AI business, with AI revenues reaching $8.4 billion, up 106% year over year and surpassing expectations, driven by strong demand for AI networking and custom AI accelerators. This performance confirms Broadcom's position not just as a participant but as a dominant infrastructure player in the AI boom.
With AI demand ramping up, Broadcom further expects its fiscal second-quarter 2026 revenues to reach around $22 billion, with AI semiconductor revenues expected to hit $10.7 billion. At the same time, Broadcom expects an adjusted EBITDA margin of roughly 68% of projected revenues, indicating solid operational efficiency and strong pricing power. Notably, Broadcom's fiscal first-quarter adjusted EBITDA of $13.1 billion already represented 68% of revenues.
Additionally, in the fiscal first quarter, Broadcom produced $8.01 billion in free cash flow, equivalent to 41% of its revenues. This robust cash generation gives the company significant flexibility to reduce debt, reinvest in growth, reward shareholders through dividends, or repurchase shares.
Broadcom Stock to Buy Hand Over Fist
Despite short-term weakness, Broadcom's strong fundamentals, robust AI revenue growth, strong profitability, and solid cash flow position make it a compelling long-term investment. Moreover, the recent price decline offers investors the opportunity to buy the Broadcom stock at a discount.
Broadcom, rightfully, has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks Rank #1 stocks here.
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Zacks' Research Chief Names "Stock Most Likely to Double"
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Samsara and RH have been highlighted as Zacks Bull and Bear of the Day

The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.72%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.18%. June E-mini S&P futures (ESM26) rose +0.74%, and June E-mini Nasdaq futures (NQM26) rose +1.15%.
Stock indexes extended Tuesday’s sharp rally on Wednesday, with the Dow Jones Industrials posting a 2-week high on mounting optimism that the war in the Middle East is nearing a conclusion. President Trump said Wednesday that he foresaw the US ending the war with Iran within two to three weeks. Mr. Trump said Iran has asked for a ceasefire, which he will consider when the Strait of Hormuz is “open, free and clear.” Meanwhile, the US and Israeli forces kept up their bombardment of Iran, while Israel, Bahrain, Kuwait, and the UAE all reported attacks by Iran, with Qatar saying a fuel oil tanker was struck in Qatari waters.
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Stocks remained higher on Wednesday amid better-than-expected US economic news on Mar ADP employment, Feb retail sales, and Mar ISM manufacturing activity.
US MBA mortgage applications fell -10.4% in the week ended March 27, with the purchase mortgage sub-index down -2.6% and the refinancing sub-index down -17.3%. The average 30-year fixed rate mortgage rose +14 bp to a 7-month high of 6.57% from 6.43% in the prior week.
The US Mar ADP employment change rose by +62,000, stronger than expectations of +40,000.
US Feb retail sales rose +0.6% m/m, stronger than expectations of +0.5% m/m, and Feb retail sales ex-autos rose +0.5% m/m, stronger than expectations of +0.3% m/m.
The US Mar ISM manufacturing index unexpectedly rose +0.3 to 52.7, stronger than expectations of a decline to 52.3 and the strongest pace of expansion in 3.5 years. The Mar ISM prices paid sub-index rose +7.8 to a 3.75-year high of 78.3, stronger than expectations of 74.0.
Hawkish comments on Wednesday from St. Louis Fed President Alberto Musalem were bearish for stocks, as he said risks are rising to both inflation and employment and added, "I expect the current setting of the policy rate will remain appropriate for some time."
President Trump will give a televised address to the country at 9 pm Eastern time on Wednesday night to provide an “important update” on Iran. He said Iran could still reach a deal with the US, but that an agreement with Iran isn’t a prerequisite for ending the war.
Crude oil prices (CLK26) fell more than -1% on Wednesday on hopes for an end to the Iran war and a reopening of the Strait of Hormuz. The Wall Street Journal reported on Wednesday that the UAE is preparing to help the US and other allies open the Strait of Hormuz by force and is lobbying for a United Nations Security Council resolution authorizing such action.
The markets are discounting a 1% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.
Overseas stock markets settled higher on Wednesday. The Euro Stoxx 50 climbed to a 2-week high and closed up +2.93%. China's Shanghai Composite rose to a 1.5-week high and closed up +1.46%. Japan's Nikkei Stock 225 closed up sharply by +5.24%.
Interest Rates
June 10-year T-notes (ZNM6) on Wednesday closed down by -2 ticks. The 10-year T-note yield rose by +0.6 bp to 4.323%. June T-notes fell from a 1.5-week high on Wednesday, and the 10-year T-note yield moved higher from a 1.5-week low of 4.257%. T-notes gave up an early advance on Wednesday due to stronger-than-expected US ADP, retail sales, and ISM manufacturing reports. Also, price pressures weighed on T-notes after the Mar ISM prices paid sub-index rose more than expected to a 3.75-year high. In addition, hawkish comments on Wednesday from St. Louis Fed President Alberto Musalem undercut T-note prices when he said, "I expect the current setting of the policy rate will remain appropriate for some time."
T-notes initially moved higher today on Wednesday after WTI crude oil prices fell more than -1%, easing inflation expectations. Also, optimism that a resolution to the Iran war will lead to lower energy prices, allowing the Fed to cut interest rates, is supportive of T-note prices.
European government bond yields moved lower on Wednesday. The 10-year German bund yield dropped to a 2-week low of 2.931% and finished down -1.8 bp to 2.986%. The 10-year UK gilt yield fell to a 2-week low of 4.777% and finished down -8.6 bp to 4.830%.
The Eurozone Mar S&P manufacturing PMI was revised upward by +0.2 to 51.6 from the previously reported 51.4, the strongest pace of expansion in 3.75 years.
The Eurozone Feb unemployment rate unexpectedly rose +0.1 to 6.2%, showing a weaker labor market than expectations of no change at 6.1%.
Swaps are discounting a 49% chance of a +25 bp ECB rate hike at its next policy meeting on April 30.
US Stock Movers
Chip makers and AI-infrastructure stocks moved sharply higher on Wednesday, lifting the overall market. Western Digital (WDC) closed up more than +10% to lead gainers in the S&P 500 and Nasdaq 100, and Sandisk (SNDK) closed up more than +9%. Also, Intel (INTC) closed up more than +8%, and Seagate Technology Holdings Plc (STX) and Marvell Technology (MRVL) closed up more than +7%. In addition, Lam Research (LRCX), Advanced Micro Devices (AMD), KLA Corp (KLAC), Applied Materials (AMAT), and ASML Holding NV (ASML) closed up more than +3%.
Mining stocks rallied on Wednesday as gold and silver prices surged to 2-week highs. Anglogold Ashanti (AU) closed up more than +6%, and Newmont Corp (NEM) closed up more than +5%. Also, Freeport McMoRan (FCX) closed up more than +4%, and Barrick Mining (B) and Southern Copper (SCCO) closed up more than +3%. In addition, Coeur Mining (CDE) and Hecla Mining (HL) closed up more than +2%.
Airline stocks moved higher on Wednesday as crude oil prices fell by more than -1% amid hopes that an end to the Iran war is near. United Airlines Holdings (UAL) and American Airlines Group (AAL) closed up more than +3%, and Alaska Air Group (ALK), Delta Air Lines (DAL), and Southwest Airlines (LUV) closed up more than +2%.
Optoelectronic companies are rallying today. Lumentum Holdings (LITE) closed up more than +8%, and Corning (GLW) closed up more than +4%. Also, Coherent (COHR) closed up more than +3%, and Applied Optoelectronics (AAOI) and Credo Technology Group Holding Ltd (CRDO) closed up more than +2%.
Energy producers and energy service providers retreated on Wednesday as WTI crude oil fell by more than -1%. Exxon Mobil (XOM) closed down more than -5%, and Chevron (CVX) and Occidental Petroleum (OXY) closed down more than -4%. Also, Diamondback Energy (FANG) closed down more than -3% to lead losers in the Nasdaq 100, and Phillips 66 (PSX) and Devon Energy (DVN) closed down more than -3%. In addition, APA Corp (APA), ConocoPhillips (COP), Halliburton (HAL), Marathon Petroleum (MPC), and Valero Energy (VLO) closed down more than -2%.
Target Hospitality (TH) closed up more than +36% after securing a multi-year contract worth over $550 million to construct and provide hospitality services for a data center development in Texas.
nCino (NCNO) closed up more than +10% after forecasting 2027 subscription revenue of $569 million to $573 million, better than the consensus of $568.5 million.
Boeing (BA) closed up more than +4% to lead gainers in the Dow Jones Industrials after Wells Fargo Securities initiated coverage on the stock with an overweight rating and a price target of $250.
Eli Lilly & Co (LLY) closed up more than +3% after the FDA approved the company’s obesity pill, Foundayo, under the agency’s National Priority Voucher pilot program.
Oric Pharmaceuticals (ORIC) closed down more than 40% after announcing an update on its rinzimetostat program, which JPMorgan Chase said was based on a too-small sample and a short follow-up, making it unreasonable to expect clear efficacy differentiation at this stage.
RH (RH) closed down more than -19% after forecasting 2027 revenue to be down -2% to -4%, much weaker than the consensus of an +8.1% increase.
Nike (NKE) closed down more than -15% to lead losers in the S&P 500 and Dow Jones Industrials after forecasting Q4 revenue to be down -2% to -4% and saying its turnaround efforts are taking longer than originally planned.
Hasbro (HAS) closed down by more than -4% after it said it discovered unauthorized access in its network on Saturday and has taken certain systems offline.
Earnings Reports(4/2/2026)
Acuity Inc (AYI), AirSculpt Technologies Inc (AIRS), AngioDynamics Inc (ANGO), FS Bancorp Inc (FSBW), Lindsay Corp (LNN).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Settle Higher on Hopes for Conclusion to Iran War

The S&P 500 Index ($SPX) (SPY) today is up +0.97%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.86%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.45%. June E-mini S&P futures (ESM26) are up +0.96%, and June E-mini Nasdaq futures (NQM26) are up +1.47%.
Stock indexes are extending Tuesday’s sharp rally today, with the Dow Jones Industrials posting a 2-week high on mounting optimism that the war in the Middle East is nearing a conclusion. President Trump said he foresaw the US ending the war with Iran within two to three weeks. Mr. Trump said Iran has asked for a ceasefire, which he will consider when the Strait of Hormuz is “open, free and clear.” Meanwhile, the US and Israeli forces kept up their bombardment of Iran, while Israel, Bahrain, Kuwait, and the UAE all reported attacks by Iran, with Qatar saying a fuel oil tanker was struck in Qatari waters.
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Stocks remained higher today on better-than-expected US economic news on Mar ADP employment, Feb retail sales, and Mar ISM manufacturing activity.
US MBA mortgage applications fell -10.4% in the week ended March 27, with the purchase mortgage sub-index down -2.6% and the refinancing sub-index down -17.3%. The average 30-year fixed rate mortgage rose +14 bp to a 7-month high of 6.57% from 6.43% in the prior week.
The US Mar ADP employment change rose by +62,000, stronger than expectations of +40,000.
US Feb retail sales rose +0.6% m/m, stronger than expectations of +0.5% m/m, and Feb retail sales ex-autos rose +0.5% m/m, stronger than expectations of +0.3% m/m.
The US Mar ISM manufacturing index unexpectedly rose +0.3 to 52.7, stronger than expectations of a decline to 52.3 and the strongest pace of expansion in 3.5 years. The Mar ISM prices paid sub-index rose +7.8 to a 3.75-year high of 78.3, stronger than expectations of 74.0.
Hawkish comments today from St. Louis Fed President Alberto Musalem were bearish for stocks, as he said risks are rising to both inflation and employment and added, "I expect the current setting of the policy rate will remain appropriate for some time."
President Trump will give a televised address to the country at 9 pm Eastern time tonight to provide an “important update” on Iran. He said Iran could still reach a deal with the US, but that an agreement with Iran isn’t a prerequisite for ending the war.
Crude oil prices (CLK26) are down more than -2% today on hopes for an end to the Iran war and a reopening of the Strait of Hormuz. The Wall Street Journal reported today that the UAE is preparing to help the US and other allies open the Strait of Hormuz by force and is lobbying for a United Nations Security Council resolution authorizing such action.
The markets are discounting a 1% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.
Overseas stock markets are higher today. The Euro Stoxx 50 climbed to a 2-week high and is up +2.60%. China's Shanghai Composite rose to a 1.5-week high and closed up +1.46%. Japan's Nikkei Stock 225 closed up sharply by +5.24%.
Interest Rates
June 10-year T-notes (ZNM6) today are up by +2 ticks. The 10-year T-note yield is down -0.6 bp to 4.311%. June T-notes climbed to a 1.5-week high today, and the 10-year T-note yield fell to a 1.5-week low of 4.257%. T-notes are moving higher today as WTI crude oil is down more than -2%, easing inflation expectations. Also, optimism that a resolution to the Iran war will lead to lower energy prices, allowing the Fed to cut interest rates, is supporting T-note prices.
However, T-notes gave up most of their gains on stronger-than-expected US ADP, retail sales, and ISM manufacturing reports. Also, hawkish comments today from St. Louis Fed President Alberto Musalem undercut T-note prices when he said, "I expect the current setting of the policy rate will remain appropriate for some time."
European government bond yields are moving lower today. The 10-year German bund yield dropped to a 2-week low of 2.931% and is down -0.5 bp to 2.999%. The 10-year UK gilt yield fell to a 2-week low of 4.777% and is down -6.5 bp to 4.851%.
The Eurozone Mar S&P manufacturing PMI was revised upward by +0.2 to 51.6 from the previously reported 51.4, the strongest pace of expansion in 3.75 years.
The Eurozone Feb unemployment rate unexpectedly rose +0.1 to 6.2%, showing a weaker labor market than expectations of no change at 6.1%.
Swaps are discounting a 49% chance of a +25 bp ECB rate hike at its next policy meeting on April 30.
US Stock Movers
Chip makers and AI-infrastructure stocks are climbing today and lifting the overall market. Western Digital (WDC) is up more than +11% to lead gainers in the S&P 500 and Nasdaq 100, and Intel (INTC) and Sandisk (SNDK) are up more than +9%. Also, Micron Technology (MU) is up more than +8%, and Seagate Technology Holdings Plc (STX) is up more than 7%. In addition, Marvell Technology (MRVL) is up more than +6%, and Applied Materials (AMAT) and ASML Holding NV (ASML) are up more than +4%. Finally, ARM Holdings Plc (ARM), KLA Corp (KLAC), Lam Research (LRCX), and Advanced Micro Devices (AMD) are up more than +3%.
Mining stocks are rallying today with gold and silver prices climbing to 2-week highs. Newmont Corp (NEM) and Anglogold Ashanti (AU) are up more than +5%, and Freeport McMoRan (FCX) and Coeur Mining (CDE) are up more than +4%. Also, Southern Copper (SCCO), Hecla Mining (HL), and Barrick Mining (B) are up more than +3%.
Airline stocks are moving higher today, as crude oil prices are down by more than -2% in hopes that an end to the Iran war is near. United Airlines Holdings (UAL) and Alaska Air Group (ALK) are up more than +4%. Also, American Airlines Group (AAL) is up more than +3%, and Delta Air Lines (DAL) and Southwest Airlines (LUV) are up more than +2%.
Optoelectronic companies are rallying today. Lumentum Holdings (LITE) is up more than +10%, and Applied Optoelectronics (AAOI) is up more than +9%. Also, Coherent (COHR) is up more than +7%, Corning (GLW) is up more than +5%, and Credo Technology Group Holding Ltd (CRDO) is up more than +2%.
Energy producers and energy service providers are under pressure today with WTI crude oil down by more than -2%. Exxon Mobil (XOM), Devon Energy (DVN), Chevron (CVX), and Occidental Petroleum (OXY) are down more than -4%. Also, Diamondback Energy (FANG), Phillips 66 (PSX), APA Corp (APA), ConocoPhillips (COP), Marathon Petroleum (MPC), and Valero Energy (VLO) are down more than -3%.
Target Hospitality (TH) is up more than +37% after securing a multi-year contract worth over $550 million to construct and provide hospitality services for a data center development in Texas.
nCino (NCNO) is up more than +9% after forecasting 2027 subscription revenue of $569 million to $573 million, better than the consensus of $568.5 million.
Boeing (BA) is up more than +5% to lead gainers in the Dow Jones Industrials after Wells Fargo Securities initiated coverage on the stock with an overweight rating and a price target of $250.
Oric Pharmaceuticals (ORIC) is down more than -27% after announcing an update on its rinzimetostat program that JPMorgan Chase said was too small a sample and a short follow-up that makes it unreasonable to expect clear efficacy differentiation at this stage.
RH (RH) is down more than -22% after forecasting 2027 revenue to be down -2% to -4%, much weaker than the consensus of an +8.1% increase.
Nike (NKE) is down more than -13% to lead losers in the S&P 500 and Dow Jones Industrials after forecasting Q4 revenue to be down -2% to -4% and saying its turnaround efforts are taking longer than originally planned.
MSC Industrial Direct (MSM) is down more than -1% after reporting Q2 net sales of $917.8 million, weaker than the consensus of $931.5 million.
Earnings Reports(4/1/2026)
Conagra Brands Inc (CAG), Lamb Weston Holdings Inc (LW), MSC Industrial Direct Co Inc (MSM).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Climb on War-End Optimism

The S&P 500 Index ($SPX) (SPY) today is up +0.52%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.43%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.68%. June E-mini S&P futures (ESM26) are up +0.57%, and June E-mini Nasdaq futures (NQM26) are up +0.81%.
Stock indexes are extending Tuesday’s sharp rally today, with the Dow Jones Industrials posting a 2-week high on mounting optimism that the war in the Middle East is nearing a conclusion. President Trump said he foresaw the US ending the war with Iran within two to three weeks. Mr. Trump said Iran has asked for a ceasefire, which he will consider when the Strait of Hormuz is “open, free and clear.” Meanwhile, the US and Israeli forces kept up their bombardment of Iran, while Israel, Bahrain, Kuwait, and the UAE all reported attacks by Iran, with Qatar saying a fuel oil tanker was struck in Qatari waters.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks remained higher today on better-than-expected US ADP and retail sales reports.
US MBA mortgage applications fell -10.4% in the week ended March 27, with the purchase mortgage sub-index down -2.6% and the refinancing sub-index down -17.3%. The average 30-year fixed rate mortgage rose +14 bp to a 7-month high of 6.57% from 6.43% in the prior week.
The US Mar ADP employment change rose +62,000, stronger than expectations of +40,000.
US Feb retail sales rose +0.6% m/m, stronger than expectations of +0.5% m/m, and Feb retail sales ex-autos rose +0.5% m/m, stronger than expectations of +0.3% m/m.
Hawkish comments today from St. Louis Fed President Alberto Musalem were bearish for stocks, as he said risks are rising to both inflation and employment and added, "I expect the current setting of the policy rate will remain appropriate for some time."
President Trump will give a televised address to the country at 9 pm Eastern time tonight to provide an “important update” on Iran. He said Iran could still reach a deal with the US, but that an agreement with Iran isn’t a prerequisite for ending the war.
Crude oil prices (CLK26) are down more than -2% today on hopes for an end to the Iran war and a reopening of the Strait of Hormuz. The Wall Street Journal reported today that the UAE is preparing to help the US and other allies open the Strait of Hormuz by force and is lobbying for a United Nations Security Council resolution authorizing such action.
The markets are discounting a 1% chance for a +25 bp FOMC rate hike at the April 28-29 policy meeting.
Overseas stock markets are higher today. The Euro Stoxx 50 climbed to a 2-week high and is up +2.48%. China's Shanghai Composite rose to a 1.5-week high and closed up +1.46%. Japan's Nikkei Stock 225 closed up sharply by +5.24%.
Interest Rates
June 10-year T-notes (ZNM6) today are down by -2 ticks. The 10-year T-note yield is up +0.4 bp to 4.321%. June T-notes fell from a 1.5-week high today, and the 10-year T-note yield rebounded from a 1.5-week low of 4.257%. T-notes gave up an early advance today and turned lower on stronger-than-expected US ADP and retail sales reports. Also, hawkish comments today from St. Louis Fed President Alberto Musalem undercut T-note prices when he said, "I expect the current setting of the policy rate will remain appropriate for some time." T-notes initially moved higher today as WTI crude oil fell more than -2%, easing inflation expectations.
European government bond yields are moving lower today. The 10-year German bund yield dropped to a 2-week low of 2.931% and is down -2.7 bp to 2.977%. The 10-year UK gilt yield fell to a 2-week low of 4.777% and is down -6.8 bp to 4.848%.
The Eurozone Mar S&P manufacturing PMI was revised upward by +0.2 to 51.6 from the previously reported 51.4, the strongest pace of expansion in 3.75 years.
The Eurozone Feb unemployment rate unexpectedly rose +0.1 to 6.2%, showing a weaker labor market than expectations of no change at 6.1%.
Swaps are discounting a 46% chance of a +25 bp ECB rate hike at its next policy meeting on April 30.
US Stock Movers
Chip makers and AI-infrastructure stocks are climbing today and lifting the overall market. Western Digital (WDC) is up more than +9% to lead gainers in the S&P 500 and Nasdaq 100, and Intel (INTC) and Sandisk (SNDK) are up more than +6%. Also, Seagate Technology Holdings Plc (STX) is up more than 5%, and Marvell Technology (MRVL), Micron Technology (MU), ARM Holdings Plc (ARM), ASML Holding NV (ASML), Applied Materials (AMAT), and KLA Corp (KLAC) are up more than +3%. In addition, Lam Research (LRCX) and Advanced Micro Devices (AMD) are up more than +2%.
Mining stocks are rallying today with gold and silver prices climbing to 1.5-week highs. Newmont Corp (NEM) and Anglogold Ashanti (AU) are up more than +3%, and Freeport McMoRan (FCX) and Southern Copper (SCCO) are up more than +2%. Also, Hecla Mining (HL) and Barrick Mining (B) are up more than +1%, and Coeur Mining (CDE) is up +0.80%.
Target Hospitality (TH) is up more than +28% after securing a multi-year contract worth over $550 million to construct and provide hospitality services for a data center development in Texas.
nCino (NCNO) is up more than +13% after forecasting 2027 subscription revenue of $569 million to $573 million, better than the consensus of $568.5 million.
Boeing (BA) is up more than +3% to lead gainers in the Dow Jones Industrials after Wells Fargo Securities initiated coverage on the stock with an overweight rating and a price target of $250.
Oric Pharmaceuticals (ORIC) is down more than -26% after announcing an update on its rinzimetostat program that JPMorgan Chase said was too small a sample and a short follow-up that makes it unreasonable to expect clear efficacy differentiation at this stage.
RH (RH) is down more than -18% after forecasting 2027 revenue to be down -2% to -4%, much weaker than the consensus of an +8.1% increase.
Nike (NKE) is down more than -12% to lead losers in the S&P 500 after forecasting Q4 revenue to be down -2% to -4% and saying its turnaround efforts are taking longer than originally planned.
MSC Industrial Direct (MSM) is down more than -1% after reporting Q2 net sales of $917.8 million, weaker than the consensus of $931.5 million.
Earnings Reports(4/1/2026)
Conagra Brands Inc (CAG), Lamb Weston Holdings Inc (LW), MSC Industrial Direct Co Inc (MSM).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
More news from Barchart
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Rally on Optimism that the War in Iran is Near a Conclusion

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RH (RH) Q4 2025 Earnings Call Transcript

For Immediate Release
Chicago, IL – April 1, 2026 – Zacks Equity Research shares Lumentum LITE as the Bull of the Day and D-Wave Quantum QBTS as the Bear of the Day. In addition, Zacks Equity Research provides analysis on —NIKE NKE and RH RH,
Here is a synopsis of all three stocks:
I last wrote about Lumentum as the Bull of the Day on February 11 after the company delivered a very strong beat-and-raise quarter and shares launched to new highs near $600.
Since then, LITE as etched more new highs near $800. There have also been many exciting industry developments that suggest estimates for this maker of optical systems for NVIDIA datacenter networking will keep going higher.
As I wrote in February, "The growth showcases the strength of the company’s plans for both optical components and systems in a world where NVIDIA is building next-gen GPU rack-scale datacenter architectures based on silicon photonics connectivity, switching, and networking."
I also noted CEO Michael Hurlston's extreme optimism on theearnings callwhere he said...
“Our forward guidance calls for over 85% year-over-year revenue growth, yet we are only at the starting line for two substantial opportunities: optical circuit switches (OCS) and co-packaged optics (CPO)."
CPO is the general category of lasers being built into the designs of NVIDIA GPU systems, or what Jensen calls "extreme co-design." OCS is a network device that establishes direct, physical paths of light between ports, allowing data to stay in the optical domain without Optical-Electrical-Optical (OEO) conversion.
OCS acts as a software-controlled reconfigurable fiber patch panel, reducing latency and power consumption in data centers and AI clusters by bypassing traditional electrical switches.
NVIDIA Locks Down All the Lasers
On March 2, Jensen & Co. announced $2 billion investment and partnership deals with both LITE and fellow laser leader Coherent (COHR) to "advance the frontier" of advanced optics technologies, including manufacturing capacity and R&D, to enable next-generation AI infrastructure and systems designs.
The nonexclusive multiyear strategic agreement includes an NVIDIA multibillion purchase commitment and future capacity access rights for advanced laser components. In addition, NVIDIA is investing $2 billion in Lumentum to support R&D, future capacity and operations as the company builds out its U.S.-based manufacturing capabilities in a new fab.
“AI has reinvented computing and is driving the largest computing infrastructure buildout in history,” said Jensen Huang, founder and CEO of NVIDIA. “Together with Lumentum, NVIDIA is advancing the world’s most sophisticated silicon photonics to build the next generation of gigawatt-scale AI factories.”
“This multiyear strategic agreement reflects our shared commitment to advancing the optics technologies that will power the next generation of AI infrastructure,” said Michael Hurlston, CEO of Lumentum. “In support of this collaboration, we are also investing in a new fabrication facility to increase capacity and accelerate innovation. We’re excited to work together to expand what’s possible for the AI optical architectures of tomorrow.”
GTC + OFC = A Laser Light Show for the Newest Compute Bottleneck
The week of March 16 brought two big conferences for Lumentum and other optical industry players.
NVIDIA's GTC in San Jose unveiled new GPU system designs for the Vera Rubin platform and highlighted many of the optical technologies that will be included.
And the Optical Fiber Communications conference (OFC) in Los Angeles saw more detailed presentations by LITE, Coherent, and their peers and partners.
Lumentum gave a great overview of their business and the opportunities ahead at OFC in a 40-slide presentation. As optical components are becoming sold-out through 2027, they see market demand only continuing to expand.
>>Announced closing of deal to buy North Carolina chip plant from Qorvo; LITE will retrofit the facility to make indium phosphide-based optical devices, including continuous-wave and ultra-high-power (UHP) lasers for CPO.
Lumentum said it plans to invest hundreds of millions of dollars over the next several years in the 240,000-square-foot facility in Greensboro.
Besides NVIDIA, Lumentum said it also plans to support other AI infrastructure customers for their scale-out and scale-up optical requirements through the plant.
In their OFC presentation, LITE management revealed that when this new fab ramps up in early 2028, it will add a whopping $5 billion in annual revenue capacity at chip-level margins.
>>Lumentum officially targeting $2 billion in quarterly revenue, for an $8 billion annualized run rate. They laid out a timeline to hit $1.25 billion per quarter in the next 9 to 12 months, and then reach that $2 billion quarterly target in another 9 to 12 months. As they scale, they are targeting operating margins to expand to 38% to 42%.
Management announced a brand-new multi-year, multi-billion-dollar OCS agreement with a major hyperscaler. They already have a $400 million backlog to ship in the second half of this year, but with this new mega-deal, they project OCS will ramp to a greater than $1 billion run rate in 2027.
Lumentum is aggressively targeting the scale-up market (connectivity of GPUs within racks) to replace copper. They noted that the first phase of this scale-up market will be 3X to 4X larger than the current scale-out market.
To capture customers who don't have NVIDIA's massive optical engineering teams, they are building turnkey External Light Source (ELS) modules, which will actually double their revenue content compared to just selling bare lasers. They are also launching volume shipments of 1.6T transceivers in Q2, which carry significantly better margins.
Management showed a chart projecting the AI optical TAM (total addressable market) exploding from $18 billion today to over $90 billion by 2030. They are currently under-shipping customer demand by 25-30% and have customers asking for lasers in the billions of units.
Visible LITE Above $800?
In my February post-earnings article, when newly-raised Wall Street analyst price targets were gathering around the $550 level, I said "See ya next quarter when Lumentum surprises again and they raise their PTs to $650."
That's already been happening, and then some, with these recent bumps...
Rosenblatt to $900
Jefferies to $900
Craig Hallum to $900
Needham to $850
Northland to $775
Barclays to $750 (Hold)
Mizuho to $750
Cowen to $675 (Hold)
And on 3/23 after GTC and OFC, BNP Paribas analyst Karl Ackerman grabbed the Street-high target of $1040.
I still own shares from $350 and I'm not interested in selling. In fact, I hope I get another chance to add as I told my investors to do in March near $550.
Kevin Cook is a Senior Stock Strategist for Zacks Investment Research where he runs the TAZR Trader portfolio and holds shares of NVDA and LITE.
D-Wave Quantum shares have fallen hard from their peak above $46 last October. Besides general euphoria for quantum stocks igniting an unsustainable bubble, earnings estimates have crashed back to earth.
The Zacks full-year 2026 EPS consensus among six analysts has dropped from a loss of 19-cents to -$0.35 in the past two months.
Despite D-Wave Quantum’s reported 179% revenue growth in 2025, bookings volatility (down 22% over 2024), widening adjusted EBITDA losses and continued heavy cash burn signal a distant path to profitability. Moreover, much of its recent momentum, including large system sales and QCaaS deals, is subject to delayed revenue recognition, limiting near-term financial visibility.
QBTS Business Challenges in 2026
To learn more about the challenges for the stock, I referred to this article...
D-Wave Quantum Plunges 49% in 3 Months: Time to Sell as Losses Widen?
D-Wave entered 2026 with several key challenges despite its strong 2025 top-line performance. While revenue grew to $24.6 million in 2025, it remains uneven across quarters, with a 22% drop in bookings showing reliance on a few big deals. Much of its recent wins, like system sales and long-term contracts, will take time to show up as revenue, limiting near-term visibility.
Losses are still high (about $71.8 million EBITDA loss) and spending is expected to increase further due to R&D expansion and the Quantum Circuits acquisition. Lastly, although the company is pushing a dual-platform strategy, its gate-model technology is still early-stage. It may lag larger, better-funded competitors, raising concerns about how quickly it can deliver real commercial results.
Industry-Wide Headwinds
At a macro level, conditions are equally challenging. The quantum computing sector remains in the Noisy Intermediate-Scale Quantum (NISQ) Phase meaning systems are not yet widely practical or commercially scalable, with meaningful adoption likely years away (closer to 2030). This keeps stocks driven more by sentiment than fundamentals.
At the same time, competition from giants like IBM and rising global investments are increasing both the pace and cost of innovation. Combined with macro pressures like geopolitical tensions, tight financial conditions and reduced appetite for high-risk tech, 2026 could be a tough year for D-Wave Quantum as it works to prove real commercial traction in a still-maturing industry.
Bottom line on QBTS: Long-term investors may see favorable risk/reward in QBTS at a sub-$5 billion market cap. But until the EPS estimate stop going down and stabilize, the near-term risks remain front and center. The Zacks Rank will keep you informed.
Additional content:
Month of March Goes Out Like a Bull
It was the final trading day of a dismal month of March and Q1 overall yesterday — it was shaping up to be the worst trading month in four years, but it fought back valiantly. The Dow gained +1125 points, +2.49%, the S&P 500 was +104 points, +2.91%, and the Nasdaq a whopping +795 points, +3.83%. The small-cap Russell 2000 was +82, +3.40%.
We should also be realistic here, and not fully forget the ebb-and-flow directly related to Iran War policies, which kick the stock market into gear when President Trump calls for an end to the conflict, but much less so when he says the opposite. Then again, buying in ahead of the new quarter does display some innate hopefulness that the crisis does get resolved sooner than later.
Economic Prints from Today: JOLTS, Chicago Biz & More
We got a slew of post-open data this morning, collecting a decent range — if not outsized importance — of economic figures that may have added a dollop of positivity in the markets today, as well. But these reports tend not to move the needle all too much.
The Job Openings and Labor Turnover Survey (JOLTS) for February reached expectations almost exactly, at 6.88 million openings (6.92 million projected) for the month. This is down from the upwardly revised 7.2 million from the previous month. All four regions saw job openings recede, led by -160K in the South and -110K in the Northeast. Both Quits and Layoffs remained at subdued levels.
The Chicago Business Barometer for March came down, as analysts had expected, but by a deeper cut: 52.8 versus 55.1 estimated. This follows a 12-month high at 57.7 for February. It’s the first month in four that didn’t take the barometer, but remains comfortably above the 50-level, which indicates growth. Prices paid increased to their highest rate since December.
Consumer Confidence for March, however, surprised to the upside: 91.8, well above the 87.5 estimated and the slightly downwardly revised 91.0 in February. “…[A] modest improvement in consumers’ views of current conditions outweighed a slight downshift in expectations for the future,” the CEO of The Conference Board was quoted as saying.
Earnings After the Bell: NIKE & RH
NIKE, which has only missed on earnings estimates once in the past five years, beat expectations again after today’s close. Earnings of +$0.35 per share outpaced the +$0.29 analysts were looking for, on $11.28 billion in revenues, which surpassed the $11.23 billion in the Zacks consensus. Business in China outperformed to $1.62 billion, from the $1.50 billion expected.
RH, formerly Restoration Hardware, missed estimates after Tuesday’s close, with earnings of $1.53 per share well shy of the $2.21 expected in the Zacks consensus. Revenues of $843 million were shy of the $872.4 million analysts had been seeking. Further, revenue guidance for the current quarter (Q1) has been brought down considerably, to a range of +4-8%. Shares are trading down another -17% in late market activity, following -22% losses year to date.
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Lumentum and D-Wave Quantum have been highlighted as Zacks Bull and Bear of the Day

Tuesday, March 31st, 2026
It’s the final trading day of a dismal month of March and Q1 overall — it was shaping up to be the worst trading month in four years, but it fought back valiantly today. The Dow gained +1125 points, +2.49%, the S&P 500 was +104 points, +2.91%, and the Nasdaq a whopping +795 points, +3.83%. The small-cap Russell 2000 was +82, +3.40%.
We should also be realistic here, and not fully forget the ebb-and-flow directly related to Iran War policies, which kick the stock market into gear when President Trump calls for an end to the conflict, but much less so when he says the opposite. Then again, buying in ahead of the new quarter does display some innate hopefulness that the crisis does get resolved sooner than later.
Economic Prints from Today: JOLTS, Chicago Biz & More
We got a slew of post-open data this morning, collecting a decent range — if not outsized importance — of economic figures that may have added a dollop of positivity inn the markets today, as well. But these reports tend not to move the needle all too much.
The Job Openings and Labor Turnover Survey (JOLTS) for February reached expectations almost exactly, at 6.88 million openings (6.92 million projected) for the month. This is down from the upwardly revised 7.2 million from the previous month. All four regions saw job openings recede, led by -160K in the South and -110K in the Northeast. Both Quits and Layoffs remained at subdued levels.
The Chicago Business Barometer for March came down, as analysts had expected, but by a deeper cut: 52.8 versus 55.1 estimated. This follows a 12-month high at 57.7 for February. It’s the first month in four that didn’t take the barometer, but remains comfortably above the 50-level, which indicates growth. Prices paid increased to their highest rate since December.
Consumer Confidence for March, however, surprised to the upside: 91.8, well above the 87.5 estimated and the slightly downwardly revised 91.0 in February. “…[A] modest improvement in consumers’ views of current conditions outweighed a slight downshift in expectations for the future,” the CEO of The Conference Board was quoted as saying.
Earnings After the Bell: NIKE & RH
NIKE NKE, which has only missed on earnings estimates once in the past five years, beat expectations again after today’s close. Earnings of +$0.35 per share outpaced the +$0.29 analysts were looking for, on $11.28 billion in revenues, which surpassed the $11.23 billion in the Zacks consensus. Business in China outperformed to $1.62 billion, from the $1.50 billion expected.
RH RH, formerly Restoration Hardware, missed estimates after Tuesday’s close, with earnings of $1.53 per share well shy of the $2.21 expected in the Zacks consensus. Revenues of $843 million were shy of the $872.4 million analysts had been seeking. Further, revenue guidance for the current quarter (Q1) has been brought down considerably, to a range of +4-8%. Shares are trading down another -17% in late market activity, following -22% losses year to date.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Month of March Goes Out Like a Bull

RH (RH) came out with quarterly earnings of $1.53 per share, missing the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -30.73%. A quarter ago, it was expected that this furniture and housewares company would post earnings of $2.13 per share when it actually produced earnings of $1.71, delivering a surprise of -19.72%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
RH, which belongs to the Zacks Consumer Products - Staples industry, posted revenues of $842.62 million for the quarter ended January 2026, missing the Zacks Consensus Estimate by 3.41%. This compares to year-ago revenues of $812.41 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
RH shares have lost about 26.3% since the beginning of the year versus the S&P 500's decline of 7.3%.
What's Next for RH?
While RH has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for RH was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.88 on $880.69 million in revenues for the coming quarter and $10.22 on $3.77 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Products - Staples is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Procter & Gamble (PG), another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on April 24.
This world's largest consumer products maker is expected to post quarterly earnings of $1.57 per share in its upcoming report, which represents a year-over-year change of +2%. The consensus EPS estimate for the quarter has been revised 0% lower over the last 30 days to the current level.
Procter & Gamble's revenues are expected to be $20.61 billion, up 4.2% from the year-ago quarter.
Should You Invest in RH (RH)?
Before you invest in RH (RH), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
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RH (RH) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

RH (RH) Lags Q4 Earnings and Revenue Estimates

The following companies are expected to report earnings after hours on 03/31/2026. Visit our Earnings Calendar for a full list of expected earnings releases.
Nike, Inc. (NKE)is reporting for the quarter ending February 28, 2026. The shoes & retail apparel company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.29. This value represents a 46.30% decrease compared to the same quarter last year. In the past year NKE has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 43.24%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for NKE is 33.49 vs. an industry ratio of 15.10, implying that they will have a higher earnings growth than their competitors in the same industry.
PVH Corp. (PVH)is reporting for the quarter ending January 31, 2026. The textile company's consensus earnings per share forecast from the 3 analysts that follow the stock is $3.30. This value represents a 0.92% increase compared to the same quarter last year. In the past year PVH has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 10.55%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for PVH is 6.10 vs. an industry ratio of 18.10.
RH (RH)is reporting for the quarter ending January 31, 2026. The consumer company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.21. This value represents a 39.87% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for RH is 23.33 vs. an industry ratio of 15.20, implying that they will have a higher earnings growth than their competitors in the same industry.
nCino, Inc. (NCNO)is reporting for the quarter ending January 31, 2026. The internet software company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.06. This value represents a 250.00% increase compared to the same quarter last year. NCNO missed the consensus earnings per share in the 1st calendar quarter of 2025 by -233.33%. Omeros Corporation (OMER)is reporting for the quarter ending December 31, 2025. The medical products company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.55. This value represents a 12.70% increase compared to the same quarter last year. In the past year OMER and beat the expectations the other two quarters. The "days to cover" for this stock exceeds 22 days. Zacks Investment Research reports that the 2025 Price to Earnings ratio for OMER is -5.19 vs. an industry ratio of 18.50.
Dave & Buster's Entertainment, Inc. (PLAY)is reporting for the quarter ending January 31, 2026. The restaurant company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.39. This value represents a 43.48% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for PLAY is 23.35 vs. an industry ratio of -6.10, implying that they will have a higher earnings growth than their competitors in the same industry.
Beyond Meat, Inc. (BYND)is reporting for the quarter ending December 31, 2025. The meat product company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.12. This value represents a 81.54% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for BYND is -0.54 vs. an industry ratio of 11.70.
Duos Technologies Group, Inc. (DUOT)is reporting for the quarter ending December 31, 2025. The technology services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.01. This value represents a 97.56% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for DUOT is -14.99 vs. an industry ratio of 10.20.
Rekor Systems, Inc. (REKR)is reporting for the quarter ending December 31, 2025. The internet software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.04. This value represents a 81.82% increase compared to the same quarter last year. Digi Power X Inc. (DGXX)is reporting for the quarter ending December 31, 2025. The technology services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.14. This value represents a 40.00% decrease compared to the same quarter last year. In the past year DGXX has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 72.73%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for DGXX is -3.94 vs. an industry ratio of 10.20.
BioHarvest Sciences Inc. (BHST)is reporting for the quarter ending December 31, 2025. The biomedical (gene) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.10. This value represents a 41.18% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for BHST is -6.89 vs. an industry ratio of -8.60, implying that they will have a higher earnings growth than their competitors in the same industry.
Sportsman's Warehouse Holdings, Inc. (SPWH)is reporting for the quarter ending January 31, 2026. The retail (shoe) company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.09. This value represents a 325.00% decrease compared to the same quarter last year. SPWH missed the consensus earnings per share in the 4th calendar quarter of 2025 by -11.11%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for SPWH is -2.45 vs. an industry ratio of 11.70.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	29.80 19.97
Price/Sales	1.00 0.67
P/B	967.96 1.90
P/FCF	0.00 14.25

Indicator	TTM Median
ROE	0.00 14.36
ROA	2.35 4.93
ROI	3.54 8.43
Net Worth	3.28 0.88
Quick Ratio	0.26 0.89
Current Ratio	1.19 1.44

Indicator	TTM Median
Net Profit Margin	3.23 5.66
Operating Margin	10.59 8.28
Gross Margin	44.50 38.46
Return on tangible equity	0.00 21.54

Indicator	TTM Median
EPS	1.71 0.45
EPS Forecast	2.13 0.42
Revenue	884.00M 186.50M
Gross Profit	390.00M —
EBITDA	171.00M —

RH

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