#q2-fy2026-results

#q2-fy2026-results

Bernstein's analysis suggests that the recent selloff creates an attractive entry point for investors, emphasizing that TurboQuant should have 'zero impact' on hard disk drive demand and 'negligible impact' on NAND demand.

AI revenue -- $42,000,000 year to date, ahead of last year's $40,000,000, with company guidance of $45,000,000-$50,000,000 for the full year. Research publishing output -- Submissions increased 26%, article output up 11%, and revenue up 4% excluding AI, outpacing the broader market.

Analyst Youssef Squali cut his price target on Lyft to $15 from $18 while maintaining a Hold rating, citing winter storm disruptions, the integration impact of the Freenow acquisition, and rising fuel costs as reasons to trim estimates below Wall Street consensus.

IREN Ltd (NASDAQ:IREN) reports Fiscal Q2 2026 earnings after market close today at 4:00 PM ET. The stock has been on a wild ride, up 273% over the past year but down 31% in the past week heading into the print. The company's transformation from pure Bitcoin miner to AI cloud infrastructure provider is the story investors are watching. IREN landed a $9.7 billion Microsoft contract for GPU deployments, targeting $1.9 billion in annual recurring revenue from that relationship alone.

Senatore cited menu innovation and featured value as contributing to more stable same-store traffic. On the cost side, supply-chain savings are offsetting inflation, allowing BofA to raise its FY26 adjusted EBITDA estimate to $288M from $279M.

TD Cowen reduced estimates across the household and personal care space, arguing that companies will be unable to fully mitigate higher oil-related input costs stemming from the Iran war.

"When you're a public company, your scorecard is your stock price, and that has a lot to do with the results you generate. If the investment community doesn't think very highly of department stores, which they don't, your multiple goes down."

That revenue figure represents roughly 5% year-over-year growth. For context, Q1 delivered $1.00 in EPS, so Wall Street is modeling modest sequential improvement. Full-year guidance matters more. Management previously set FY2026 revenue at $59-60 billion and EPS at $4.00-4.06. Any adjustment to those ranges will reset sentiment fast. The company has beaten estimates in eight consecutive quarters, averaging a 3.3% surprise. The streak has built credibility, but it also raises the bar.

Braze's Q4 revenue of $205.2 million surpassed the consensus estimate of $198.23 million by 3.50%, marking a significant 27.9% year-over-year growth.

Earnings-call word usage shows increased emphasis on growth in Q3 versus Q2, decreased mentions of tariffs and uncertainty, and slope of highlighted words represents change in usage between quarters.