Zeta Global (ZETA) is rated a Strong Buy, with my DCF model indicating the stock is substantially undervalued and offers 61% upside potential. ZETA's Q3 earnings were stellar, showing 26% YoY revenue growth, robust operating leverage, and impressive gains in cash from operations and adjusted EBITDA. Management's growth initiatives, including the Athena AI agent and Marigold acquisition, support continued aggressive revenue and profitability growth into FY2026.
Revenue rose 26% year over year to $337 million, or 28% excluding political and LiveIntent revenue, showcasing accelerating AI-driven growth. Direct platform revenue reached 75% of total sales, up from 70% last year, reflecting higher-margin enterprise adoption of ZMP. 2026 guidance targets $1.54 billion in revenue (+21%), $354 million in EBITDA (23% margin), and $209 million in free cash flow.
Global Payments' new point-of-sale software, Genius, has been resonating with merchants since the launch of its configurations for restaurants and retail in the second quarter, executives said Tuesday (Nov. 4) during the company's third quarter earnings call.
GPN tops Q3 earnings and revenue estimates as Merchant and Issuer Solutions drive growth and margins expand.
APO's Q3 earnings and revenues top estimates as rising AUM and the Bridge acquisition fuel strong growth despite higher expenses.
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RELY aims for strong third-quarter 2025 growth, driven by rising send volumes, digital momentum and new U.S. expansion.
ZETA's AI-driven platform and new tools like Zeta Answers and OneZeta are expected to fuel strong third-quarter 2025 growth.
Bristol-Myers Squibb (BMY) remains a "Strong Buy" rating, driven by robust growth in its hematology and cardiovascular portfolios, especially Breyanzi and Camzyos. Breyanzi and Reblozyl achieved impressive year-over-year revenue growth, each generating over >$1 billion and >$2 billion in annual sales, respectively. The $1.5 billion acquisition of Orbital Therapeutics positions BMY to advance in vivo CAR-T therapies for autoimmune disorders, depleting autoreactive B-cells and resetting the immune system.
Adidas (ADDYY) is an iconic global sportswear brand specializing in athletic footwear, apparel and equipment. Hexagon (HXGBF) provides advanced sensor and software solutions that help companies measure, analyze, and act on the physical world. Dassault Systèmes (DASTY) is a French software company at the forefront of virtual twin technology, enabling customers to simulate the behavior of real-world products and systems in a digital environment.
Oakmark Global Strategy portfolio's return was 4.70% (net) for the reporting period vs. MSCI World Index that returned 7.27% for the same period. Kering (PPRUF), Alibaba Group (BABA) and Alphabet Cl A (GOOG) were the contributors. Charter Communications Cl A (CHTR), Centene (CNC) and Keurig Dr Pepper (KDP) were the detractors.
Futures for the S&P 500 were up with focus on earnings. About a quarter of companies on the index are due to report this week.