Smart Share Global 株価情報 (NASDAQ: EM)

最新ニュース Smart Share Global (NASDAQ:EM) 株価情報

Smart Share Glb

Smart Share Global Ltd is a consumer tech company providing mobile device charging services through an extensive online and offline network in China. It provides service through power banks, placed in POIs operated by location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. Geographically, the company generates revenue from the PRC. The company has two segments, the mobile device charging segment and the PV business segment. The company generates the majority of its revenue from the mobile device charging segment.

Smart Share Global

Smart Share Global Limited - American Depositary Shares

Smart Share Global Ltd

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Fluence Corp Ltd

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Elementis PLC

PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund

ClearBridge Energy Midstream Opportunity Fund Inc. Common Stock

ClearBridge Energy Midstream Opportunity Fund Inc

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AB Active ETFs, Inc. AB Emerging Markets Opportunities ETF

Healixa Inc

First Trust Exchange-Traded Fund VI First Trust S&P 500 Economic Moat ETF

EMERITA RESOURCES CORP by Emerita Resources Corp.

Emerita Resources Corp

Entergy Mississippi, LLC First Mortgage Bonds, 4.90% Series Due October 1, 2066

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Empowered Products Inc

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You don't need millions—or even thousands—to start investing in real estate. In fact, you don't even need to buy a house. Thanks to fractional platforms like Arrived, everyday investors can now buy into single-family rental properties across the U.S. for as little as $100. That means instead of saving for years just to afford a down payment, you can start earning passive income almost immediately—no property tours, no tenants, no maintenance calls. It's a model that's turning heads not just for its accessibility, but for its performance.
Arrived has made a name for itself by combining low entry costs with hands-off investing and surprisingly strong returns. Whether you're looking for consistent quarterly dividends, long-term appreciation, or simply a way to diversify outside of volatile stocks and bonds, the platform offers a real alternative. But as with any investment, the big question remains: is it actually worth it? Let's take a closer look at the numbers, the risks, and why more everyday investors are paying attention.
<h2 class="wp-block-heading">A Track Record That's Turning Heads</h2>
Arrived has quietly built a compelling track record that would make even seasoned investors take notice. Since launching, the platform has consistently paid out annual dividends ranging from 3.2% to 7.2%—steady passive income, delivered quarterly. But what really gets attention are the total returns. After selling 173 homes, Arrived reports an average total return of 18.6%. That's net of fees, with the average holding period clocking in at just over 17 months.
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<li>Put your money to work for you: In terms of getting money back, <a href="https://www.gobankingrates.com/best-banks-c/">these bank accounts put traditional checking and savings accounts to shame</a>.</li>
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This isn't just theoretical upside either. Some properties have significantly outperformed. A standout example: a home in Northwest Arkansas that appreciated by 117.5%. That's more than a double—on a single-family rental. Of course, not every investment is a winner. Arrived has also seen a handful of properties sell for less than their original purchase price. That reality check is important. This is real investing, with real upside—and real risk.
<h2 class="wp-block-heading">Real Estate Investing, Democratized</h2>
For decades, real estate investing was mostly off-limits to the average person. Between hefty down payments, tight lending rules, and the ongoing hassle of property management, owning rental property was something you either inherited or hustled hard to achieve. Arrived has flipped that model on its head. Instead of needing $50,000 or more to buy a home, you can start with just $100 and become a fractional owner of fully managed single-family rentals.
You don't need to scout neighborhoods, screen tenants, or answer midnight plumbing calls. Arrived handles all the property management and tenant logistics. Investors simply buy shares in one or more homes, collect quarterly rental income, and benefit from potential appreciation. This hands-off approach is what makes the platform so attractive, especially for those new to real estate or looking for a passive way to diversify their investments.
<h2 class="wp-block-heading">Why These Numbers Matter in Today's Market</h2>
In a world where stock portfolios can swing wildly overnight and bonds are delivering their weakest returns in decades, real estate has re-emerged as a compelling option for steady, long-term growth. Rental demand remains strong in many U.S. markets, and supply remains constrained—factors that often work in favor of property owners.
Arrived's average holding period of just over 17 months adds another layer of appeal. Traditional real estate is often a long game—five, ten, even twenty years. But with Arrived, you're not stuck for a decade waiting to see if your investment pays off. Shorter holding periods give you the option to recycle your capital sooner or pivot if your strategy changes. It's real estate with flexibility—a combination that's rare to find.
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<h2 class="wp-block-heading">The Risks Are Real—But So Are the Returns</h2>
No investment is bulletproof, and Arrived doesn't pretend otherwise. The platform makes it easy to browse past performance—including both winners and losers—which is a refreshing level of transparency in the world of fractional investing. Like any real estate portfolio, not every property will appreciate. Markets can turn. Renters can move out. Expenses can eat into profits.
But that's exactly why the $100 minimum matters. With such a low barrier to entry, it becomes easier for investors to diversify across multiple properties, locations, and property types. And because new listings are added frequently, you can gradually build a portfolio that matches your goals—whether you're looking for cash flow, appreciation, or a mix of both. The ability to spread risk without being forced into a single big bet is one of the platform's biggest strengths.
<h2 class="wp-block-heading">Is Arrived Right for You?</h2>
If you've been curious about real estate but intimidated by the cost, complexity, or time commitment, Arrived offers a practical on-ramp. It's not a get-rich-quick scheme—and it's not marketed as one. But if you want to build a long-term, income-generating portfolio with the kind of assets that don't live and die by every stock market headline, it's worth a closer look.
Arrived combines accessibility, professional management, and a growing historical track record into a single platform that lowers the bar to entry without dumbing down the investment. That's rare. Whether you're <a href="https://arrivedhomes.go2cloud.org/aff_c?offer_id=15&amp;aff_id=1006&amp;aff_sub=yahoo&amp;aff_sub2=jeffbezos100">investing your first $100 or building out a more serious passive income stream, it's a platform that meets you where you are</a>.

Real Estate

This Real Estate Investment Platform Delivers 18.6% Average Returns—Here's How They're Doing It

Guggenheim analyst Seamus Fernandez reiterates Eli Lilly (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>) with a Buy and maintains $936 price target.

News

Price Target

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Analyst Ratings

Guggenheim Reiterates Buy on Eli Lilly, Maintains $936 Price Target

Kristina, a physician from Cedar Rapids, Iowa, called into &#8220;<a href="https://www.youtube.com/watch?v=4DFJFAc_KKc">The Ramsey Show</a>&#8221; with a surprising dilemma. After spending four years paying off over $300,000 in student loans, she said she <a href="https://www.benzinga.com/news/24/04/38397890/how-i-escaped-the-corporate-rat-race-and-saved-myself-from-burnout-using-these-10-easy-stress-buster">no longer wants to work full time</a>.
<h2 class="wp-block-heading">She Paid The Price, Now She Wants To Step Back</h2>
&#8220;I feel crazy saying this,&#8221; she told hosts Dave Ramsey and John Delony. &#8220;But I don&#8217;t want to return to work.&#8221;
Kristina, who just had her third child, explained that she&#8217;s feeling burned out and wants to <a href="https://www.benzinga.com/personal-finance/24/04/38055969/new-mom-tells-dave-ramsey-her-husband-makes-950k-but-wont-let-her-stay-home-i-think-you-can-prob">stay home with her kids</a>. Her husband, who had been working part-time and caring for their other children, recently started a full-time job at a bank. He currently earns $56,000 a year, with the potential to reach $70,000 after training.
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If she were to return to work, she would earn around $190,000 annually. Quitting would mean a massive income drop, but Kristina said that part doesn&#8217;t scare her.
They would be able to make it on $70,000, she said, as their only debt is a $95,000 mortgage, and they have about $230,000 <a href="https://www.benzinga.com/personal-finance/management/25/06/45935161/can-you-guess-how-many-people-retire-with-1-million-saved-hint-way-fewer-than-you-think">saved for retirement</a>.
When asked if she was fully done with medicine, Kristina said she wasn't sure. &#8220;It&#8217;s really hard to give my all to my husband and my children when I always have that stress on me,&#8221; she said. She already reached out to a few rural hospitals about possibly working one or two days a week in the future, when the baby is older.
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<h2 class="wp-block-heading">Walking Away Completely Might Not Work Long Term</h2>
Ramsey and Delony encouraged her to take a break but urged her not to completely walk away from the profession. &#8220;You have paid such a price of commitment and diligence to become a doctor and then to pay off the $300,000,&#8221; Ramsey said. &#8220;To go do nothing with it for the rest of your life seems extreme.&#8221;
Delony pointed out that many physicians who step away often come back to the field in some form.&nbsp;
Ramsey agreed and gave this advice to her: &#8220;I would quit doing what you&#8217;re doing so that you can be with your kids&#8230; I wouldn&#8217;t work the hours you&#8217;re working. I would not stay in the $190,000 position,&#8221; he said. &#8220;But I would try to find some greatly reduced middle ground that you can stand on because I think you&#8217;ll be happier.&#8221;
See Also: Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a>
Kristina seemed open to that. She said maintaining her medical license wouldn't be difficult and that she'd consider light telemedicine or rural clinic work. Ramsey noted that even part-time work could still result in significant income: &#8220;You&#8217;re going to make plenty of money&#8230; the natural result of that is going to be $100,000 a year probably.&#8221;
The hosts praised Kristina and her husband for their financial discipline. &#8220;Good for you guys,&#8221; Ramsey said. &#8220;Very well done.&#8221;
Read Next: <a href="https://www.benzinga.com/money/mark-cubans-advice-for-lotto-winners">Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?</a>
Image: Shutterstock

Personal Finance

She Spent Years Paying Off $300,000 In Student Debt. Now That It's Gone, This Doctor Wants To Quit Her $190,000 Job

<a href="https://www.cnbc.com/2025/06/20/jpmorgan-chase-online-investing-mobile-app-bond-trading.html">https://www.cnbc.com/2025/06/20/jpmorgan-chase-online-investing-mobile-app-bond-trading.html</a>

General

'JPMorgan Chase beefs up mobile app with bond trading as bank targets $1 trillion in assets'- CNBC

JMP Securities analyst Andrew Boone reiterates Wix.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIX#NASDAQ">WIX</a>) with a Market Outperform and maintains $250 price target.

JMP Securities Reiterates Market Outperform on Wix.com, Maintains $250 Price Target

Marvell Technology (MRVL) is currently in Phase 7 of its 18-phase Adhishthana Cycle on the monthly chart, and the structure is setting up in a way that could lead to a significant breakout in Phase 9. Here's how the stock is positioned through the lens of the Adhishthana Principles.
<h3 class="wp-block-heading">Current Structure and Alignment</h3>
So far, MRVL has shown an 83.33% alignment with the Adhishthana Principles, our proprietary cyclical framework that integrates quantitative signals with behavioral archetypes.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1200" height="587" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19084609/Marvel-Technology-Inc.-Cakra-Adhishthana.png" alt="Fig.1 Marvell Cakra Formation (Source: Adhishthana.com)" class="wp-image-14620" style="width:609px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19084609/Marvel-Technology-Inc.-Cakra-Adhishthana.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19084609/Marvel-Technology-Inc.-Cakra-Adhishthana-300x147.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19084609/Marvel-Technology-Inc.-Cakra-Adhishthana-1024x501.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19084609/Marvel-Technology-Inc.-Cakra-Adhishthana-768x376.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption class="wp-element-caption">Fig.1 Marvell&#8217;s Cakra Formation (Source: Adhishthana.com)</figcaption></figure>
The stock is now in Phase 7, working through the Fall of Artah and Artharthi pattern. This phase is known for an eight-bar corrective structure, typically split between two distinct types of declines. So far, MRVL has completed three red bars, likely representing the Fall of Artah. The remaining five bars (Artharthi) are expected to materialize by March 31, 2026, completing the correction on the monthly timeframe.
<h3 class="wp-block-heading">Cakra Formation and the Breakout Setup</h3>
Marvell began forming its Cakra, a rounded cyclical base, in Phase 4 and is now entering the critical final stages of this formation. Phase 8 marks the completion of the Cakra formation. Right now, the stock is respecting the lower band of this structure, with a fresh wave of buying emerging near those levels. (Refer Fig.1)
Another important level to note is the Nirvana Level, identified at $42.77, which was formed in Phase 6. According to the principles, this level acts as a valuation magnet &#8211; a reference point that often draws prices back during corrections and sets the foundation for future moves.
<h3 class="wp-block-heading">Weekly Chart Insight</h3>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1200" height="532" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19085238/Marvell-Weekly-Guna-Triads-Adhishthana.png" alt="Fig.2 Marvell Weekly Guna Triads (Source: Adhishthana.com)" class="wp-image-14621" style="width:568px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19085238/Marvell-Weekly-Guna-Triads-Adhishthana.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19085238/Marvell-Weekly-Guna-Triads-Adhishthana-300x133.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19085238/Marvell-Weekly-Guna-Triads-Adhishthana-1024x454.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19085238/Marvell-Weekly-Guna-Triads-Adhishthana-768x340.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption class="wp-element-caption">Fig.2 Marvell&#8217;s Weekly Chart Guna Triads (Source: Adhishthana.com)</figcaption></figure>
On the weekly chart, MRVL is currently in Phase 17, a phase generally characterized by no action per the principles. More importantly, the Guna Triads (Phases 14, 15, and 16) on this timeframe lack Satoguna, indicating an absence of clean, bullish momentum.
While this may sound like a negative, it actually validates the monthly chart setup. According to Adhishthana Principles, Phase 9 is where the supreme breakout move takes place, and for Marvell, this begins on September 1, 2028. The absence of strength on the weekly suggests the true move is likely reserved for the monthly breakout, following the conclusion of Phase 18 on the weekly cycle.
<h3 class="wp-block-heading">Where Things Stand Now</h3>
The stock is currently hovering close to its Nirvana level of $42.77, a zone that historically offers strong accumulation opportunities. While the Cakra is still forming, the stock could rally up to the $110 mark, where we may see some short-term correction. This would be a healthy development, allowing MRVL to complete its Cakra by retesting the lower band in Phase 8, before initiating its breakout in Phase 9.
<h3 class="wp-block-heading">Investor Takeaway</h3>
<ul class="wp-block-list">
<li>Existing Holders: Stay patient. The structure suggests that a major breakout move is on the horizon in Phase 9 (starting September 1, 2028). No need to tamper with existing positions. </li>
</ul>
<ul class="wp-block-list">
<li>Potential Buyers: All levels near the Nirvana zone ($42.77) are worth monitoring for accumulation. While short-term corrections may occur, they are part of a broader and healthier buildup.</li>
</ul>

Equities

Technicals

Opinion

Signals

Trading Ideas

MRVL

Marvell Technology: Stock Levels Look Right, Here's What To Watch

JMP Securities analyst Aaron Hecht maintains Lennar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) with a Market Outperform and lowers the price target from $150 to $130.

JMP Securities Maintains Market Outperform on Lennar, Lowers Price Target to $130

Baird analyst Mircea Dobre maintains Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) with a Outperform and raises the price target from $395 to $422.

Baird Maintains Outperform on Caterpillar, Raises Price Target to $422

Offerings

QMMM

QMMM Announces $8M Public Offering Of Ordinary Shares

Baird analyst Joel Beatty maintains Sage Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) with a Neutral and raises the price target from $7 to $9.

SAGE

Baird Maintains Neutral on Sage Therapeutics, Raises Price Target to $9

JMP Securities analyst Mikhail Goberman downgrades Guild Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHLD#NYSE">GHLD</a>) from Market Outperform to Market Perform.

Downgrades

GHLD

JMP Securities Downgrades Guild Holdings to Market Perform

<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="900" height="600" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19082405/Alsco-1-900x600-1.png" alt="" class="wp-image-14618" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19082405/Alsco-1-900x600-1.png 900w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19082405/Alsco-1-900x600-1-300x200.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/06/19082405/Alsco-1-900x600-1-768x512.png 768w" sizes="(max-width: 900px) 100vw, 900px" /></figure>
Slowing growth, a shaky valuation and high receivables could cloud the latest listing attempt by China's top provider of reusable packaging materials for the auto sector

<h4 class="wp-block-heading">Key Takeaways:</h4>
<ul class="wp-block-list">
<li>Alsco has filed to list in Hong Kong, reporting its profit fell by 20% in 2024, as its revenue growth slowed sharply during the year</li>
<li>The application is the second by the provider of reusable packaging for the automotive industry, after an earlier attempt lapsed amid compliance issues</li>
</ul>
Alsco Pooling Service Co. Ltd.'s&nbsp;second application to list on the Hong Kong Stock Exchange, filed last week, marked a comedown from its original application last November, when the company's business was riding high but later got tripped up by compliance issues. Notably, the&nbsp;<a href="https://www1.hkexnews.hk/app/sehk/2025/107436/documents/sehk25061301464.pdf">latest filing</a>&nbsp;shows Alsco's business slowed sharply in the second half of last year, after the earlier application showed a much stronger start to 2024.
But after some house cleaning to address the earlier compliance issues, Alsco may still beat some of its competitors in the logistics-sharing business to market, like&nbsp;Lalatech, which has also made several applications but has yet to list in Hong Kong. Alsco's close ties to China's auto sector, now leading the world in both production and exports, could give its IPO some positive momentum.
Chairman Sun Yan'an founded a logistics equipment and services company in 1998 that would eventually become Alsco. Since then, his company, formerly known as Anwood Logistics, has risen to become China's largest container and packaging sharing firm for the auto industry.&nbsp;
Alsco manufactures foldable containers and boxes as well as metal racks and specialized containers that can be used by auto companies and later returned for reuse. Their foldability means they can be easily shipped to and from customers, and customers pay based on the number of times the packaging containing their products is circulated.
Actual containers are made from high-strength polypropylene materials at Alsco's major factory in Lianyungang, one of China's top ports in Jiangsu province. A second factory in Yancheng, built in 2022 down the coast from Lianyungang, recycles plastic parts for reuse.&nbsp; This "returnable" model is aimed primarily at small and medium sized suppliers of batteries and other products to the major auto brands.
According to independent research in the listing document, Alsco was the second largest shared packaging company in China last year and the largest provider for the auto services market. The company controlled 1% of China's overall logistics packaging solution market that was worth $118.7 billion. The big majority of that market, 93.7%, was for container sales.
Rather than competing with an estimated 3,500 companies that supply containers to the domestic market, Alsco was among the first in the shared container services market – which the company refers to as "pooling." The market size of this niche was a much smaller 16.9 billion yuan ($2.3 billion) in 2023, with Alsco as a leader in the category.
Alsco also engages in the larger container industry, but only 12.9% of its revenue in 2023 and 8.5% in 2024 came from container sales. Most of the rest came from its "pooling" or sharing services.
The intervening six months since Alsco's initial IPO application have clearly tarnished the outlook for the listing. The original IPO application may have been tripped up in January, when the China Securities and Regulatory Commission (CSRC) raised questions about some of Alsco's practices, including equity transfers, private placements and disputes regarding its employee stock ownership plan.
The company appears to have cleaned up those issues since then. But as we've already noted, the latest listing document includes data for all of last year, as well as selected disclosure through April 2025, which reveal a business slowdown in the second half of the year.
<h4 class="wp-block-heading">Revenue growth slowdown</h4>
Notably, Alsco's revenue growth slowed sharply in the second half of the year from the first half, and its profit also began to contract. Alsco reported its revenue for all 2024 rose 5% to 837.6 million yuan, representing a sharp slowdown from its 17% growth in the first half of the year. Its annual profit of 50.7 million yuan was down 21% year-over-year, reversing its 80% profit growth in the first half of the year.&nbsp;
One issue dogging the company is its receivables, which remain stubbornly high. Its largest customer, which appears to be automotive giant BYD, switched its payment method from bank transfer to bills receivable in 2024, with its credit period extended from 30 days to 60 days.
After that, Alsco's accounts and notes receivable increased by 6% year-on-year to 382.4 million yuan in 2024. Its accounts and notes receivables equaled 72% of its current assets at the end of last year – well above the 10% to 15% range generally considered healthy. Turnover periods for the company's trade and bill receivables increased as well, from 159.9 days in 2023 to 167.9 days in 2024, also well above the 30 to 60 days considered healthy.
Alsco's latest listing document shows it has tried to tackle its high level of outstanding payments this year. The company said it was able to settle 83.3% of its trade receivables, worth 312.9 million yuan, by the end of April this year. Alsco's high level of receivables may reflect difficulties being faced by China's auto industry, which is suffering from big overcapacity built up after years of explosive growth.
Alsco's valuation based on its various financing rounds and share transfers has been unsteady as well. Its Series A financing round in 2017 valued it at 540 million yuan. That rose to 800 million yuan during its Series B round in July 2022, when investment from municipal entities in the company's hometown of Suzhou gave those entities about 10% of the company. But the valuation sank to 672 million yuan in September and October 2022, based on two equity transfers at that time, according to media sources.
In the early 2020s, Suzhou set the goal of building up its auto industry with a policy called the Suzhou Automobile Complete Vehicle, Electronics and Parts Industry Innovation Cluster Action Plan (2023-2025). It helped Alsco launch its recycling facility, with an annual capacity of 30,000 tons of automotive plastic pellets and 2,000 tons of hollow board linings.
Despite China's economic slowdown and problems facing its auto industry, the country's sharing economy for logistics companies is far from dead. Hong Kong-based Lalatech, which operates a network of logistics vans for hire, similar to Uber's car-sharing network, submitted its fifth application for a Hong Kong IPO in April, with heavyweights Goldman Sachs, BofA Securities and JPMorgan as joint underwriters.
The similar&nbsp;Gogox Holdings&nbsp;(2246.HK), which went public in July 2022, has seen its share price drop to HK$3.90 from its IPO price of HK$21.60, which doesn't bode too well for the other shared-economy logistics companies. But for now, at least, Alsco is probably hoping its recent housecleaning to address earlier compliance issues will be good enough to woo investors to its second listing attempt despite its recent business slowdown.

Asia

IPOs

Alsco Refiles For Hong Kong IPO Amid Less Favorable Conditions

Baird analyst Craig Kennison maintains Patrick Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PATK#NASDAQ">PATK</a>) with a Neutral and raises the price target from $84 to $90.

PATK

Baird Maintains Neutral on Patrick Industries, Raises Price Target to $90

JMP Securities analyst Constantine Davides reiterates Evolent Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVH#NYSE">EVH</a>) with a Market Outperform and maintains $13 price target.

JMP Securities Reiterates Market Outperform on Evolent Health, Maintains $13 Price Target

CarMax Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) shares climbed on Friday after the used car giant delivered better-than-expected first-quarter earnings and revenue, driven by <a href="https://www.benzinga.com/pressreleases/25/06/b46022246/carmax-reports-first-quarter-fiscal-year-2026-results">strong retail sales and improved margins</a>.
The Richmond, Virginia-based used car retailer registered earnings per share of $1.38, beating the <a href="https://www.benzinga.com/earnings">analyst consensus estimate of $1.21</a>. Quarterly sales of $7.55 billion outpaced the analyst consensus estimate of $7.47 billion.
Retail used unit sales rose by 9.0%, while comparable store used unit sales grew by 8.1%. Wholesale unit sales also saw a modest increase of 1.2%.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/06/46005513/carmax-analyst-backing-despite-rising-delinquencies-healthy-market-sourcing-strength" rel="noreferrer noopener">CarMax Loan Delinquencies Tick Higher In May, Signaling Renewed Credit Strain</a>
Combined retail and wholesale used vehicle unit sales were 379,727, an increase of 5.8% from the prior year&#8217;s first quarter.
Total gross profit increased 12.8% to $893.6 million, driven by higher unit volumes and strong unit margin performance. Gross margin expanded to 11.8% from 11.1% in the year-ago period.
The company achieved a gross profit of $2,407 per retail used unit, up $60 per unit.
Gross profit per wholesale unit remained historically strong at $1,047, though it declined by $17 per unit.
The company purchased a total of 336,000 vehicles from consumers and dealers, marking a 7.2% increase. This included 288,000 vehicles bought from consumers, up 3.3%, and 48,000 acquired through dealers, up 38.4%.
CarMax Auto Finance income decreased 3.6% to $141.7 million as an increase in the provision for loan losses outweighed growth in CAF&#8217;s net interest margin percentage.
This quarter&#8217;s provision for loan losses was $101.7 million compared to $81.2 million in the prior year&#8217;s first quarter.
In the first quarter, the company repurchased 3.0 million shares for $199.8 million, with $1.74 billion remaining under its buyback authorization as of May 31, 2025.
In the quarter under review, the firm&nbsp;opened two new stand-alone reconditioning/auction centers. The centers are located in El Mirage, Arizona, supporting the Phoenix metro market, and Midlothian, Texas, supporting the Dallas metro market.
The company exited the quarter with cash and equivalents worth $262.819 million, compared with 246.960 million at the end of February 28.
Long-term debt (excluding the current portion) at the end of the quarter was $1.366 billion, contracting from $1.570 billion at the end of February 28.
PriceAction: KMX shares are trading higher by 10.27% to $71.23 premarket at last check Friday.
Read Next:
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Image via Shutterstock

Earnings

Markets

Movers

CarMax Makes The Most Of Booming Used Car Market, Stock Soars

Asset Sales

ArcelorMittal To Sell Bosnia Operations; Net Of Sale Proceeds, Co. Expects Non-Cash Loss On Disposal Of ~$200M

JMP Securities analyst Constantine Davides reiterates Addus HomeCare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADUS#NASDAQ">ADUS</a>) with a Market Outperform and maintains $150 price target.

ADUS

JMP Securities Reiterates Market Outperform on Addus HomeCare, Maintains $150 Price Target

Semler Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>), one of the earliest publicly traded U.S. companies to adopt Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) as a primary treasury reserve asset, announced Thursday that it plans to accumulate at least 10,000 Bitcoin by the end of 2025 and expand that position to 105,000 BTC by the close of 2027. 
The company's <a href="https://ir.semlerscientific.com/news-releases/news-release-details/semler-scientificr-appoints-joe-burnett-director-bitcoin">strategy </a>echoes the aggressive accumulation paths taken by MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and Metaplanet, signaling intensifying institutional competition in corporate Bitcoin treasuries.
Since adopting Bitcoin as its primary treasury reserve asset in May 2024, Semler has achieved a 287% Bitcoin yield, generating an unrealized gain of $177 million as of June 3, 2025. 
"Since adopting the Bitcoin Standard, we have achieved approximately 287% BTC Yield and a $177 million BTC $ Gain through June 3, 2025," said Eric Semler, chairman of Semler Scientific. 
The firm currently holds 4,449 Bitcoin, valued at approximately $464 million, and plans to fund further acquisitions through equity offerings, debt financing, and operational cash flows.
Also Read: <a href="https://www.benzinga.com/crypto/25/06/46003982/tokenizing-gold-us-equities-no-illiquid-is-key-expert-says">Tokenizing Gold, US Equities? No — Illiquid Is Key, Expert Says</a>
Semler's strategy mirrors that of MicroStrategy, the largest corporate Bitcoin holder with approximately 592,100 Bitcoin, valued at over $61 billion at current prices. 
MicroStrategy, led by Michael Saylor, has inspired firms like Semler to treat Bitcoin as a long-term store of value, using debt and equity to fuel acquisitions. 
Similarly, Japanese investment firm Metaplanet has emerged as a major player, surpassing 10,000 Bitcoin in June 2025 and targeting 210,000 by 2027, equivalent to 1% of Bitcoin's 21 million fixed supply. 
Metaplanet's rapid accumulation, funded by a $5.4 billion share issuance, underscores Asia's growing appetite for corporate Bitcoin holdings.
Semler's announcement triggered an 11% surge in its stock price, closing at $28.53 on June 19, despite a 40% decline in 2025 overall. 
The company continues to operate its core healthcare business, marketing FDA-cleared products like QuantaFlo for cardiovascular diagnostics, which generates cash flow to support its Bitcoin strategy. 
Read Next: 
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<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46002825/us-seizes-225-million-in-cryptocurrency-tied-to-global-investment-fraud-network">US Seizes $225 Million In Cryptocurrency Tied To Global Investment Fraud Network</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

MSTR

SMLR

Why A Public Healthcare Firm Wants To Hold More Bitcoin Than Most Countries

Stephens &amp; Co. analyst Trey Grooms maintains GMS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMS#NYSE">GMS</a>) with a Overweight and raises the price target from $90 to $95.

Stephens & Co. Maintains Overweight on GMS, Raises Price Target to $95

Biotech

CAPR

Capricor Therapeutics Announces 4-Year Data From HOPE-2 Open-Label Extension Study Of Deramiocel In Duchenne Muscular Dystrophy; After Four Years Of Continuous Treatment, Deramiocel-Treated Patients Showed A Median Change Of -0.5 Points Compared To Baseline

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