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Optimum Communications, Inc. (NYSE:OPTU) Given Consensus Rating of "Reduce" by Analysts

https://www.marketbeat.com/instant-alerts/optimum-communications-inc-nyseoptu-given-consensus-rating-of-reduce-by-analysts-2026-04-21

KEY POINTS

Analysts give Optimum Communications a consensus "Reduce" rating from seven analysts (two sell, five hold) with an average 12‑month price target of $1.875.

Insider selling and institutional stakes: General Counsel Michael Olsen sold 250,000 shares at $1.60 (insiders sold 290,000 shares in the quarter) and now insiders own 44.60% while institutional investors hold 54.85%, including new large stakes by Vanguard, Empyrean, Deutsche Bank, Millennium and Redwood.

Weak recent results and valuation: Optimum reported a quarterly loss of ($0.15) EPS versus a ($0.01) consensus, revenue fell 2.3% year‑over‑year, analysts forecast -0.4 EPS for the year, and the stock trades around $1.69 with a market cap of about $792.7M.


Zacks “Strong Sell” downgrade - 03/20/2026

Zacks Research lowered OPTU from a “hold” to a “strong sell” rating this morning , which is the most direct news item today that would be pushing shares down. Zacks also issued forward EPS estimates that are all deeply negative — projecting losses of $0.54 per share for FY2026, $0.49 for FY2027, and $0.69 for FY2028  — a worsening trajectory that doesn’t inspire confidence.


Moody's cut Xerox's credit ratings

The ratings agency on Friday downgraded Xerox's corporate family rating one level to Caa2 from B2. Moody's also assigned a Caa3 rating to Xerox's step up backed senior unsecured notes due in 2030. The ratings outlook was changed to negative from stable.

Moody's cut Xerox's credit ratings, citing concerns over the company's financial performance since its deal to acquire Lexmark closed last year.

Moody's said the downgrade was driven by Xerox's worse-than-planned performance after its $1.5 billion acquisition of printer maker Lexmark closed in July 2025. Continuing challenges in the printer market and subsequent revenue declines may make it difficult for Xerox to refinance its debt before it matures in 2028, Moody's said.

Moody's said Xerox will likely remain under pressure as its large peers; such as Canon, Fujifilm and HP; benefit from more diverse revenue streams and stronger balance sheets. The ratings agency expects Xerox's revenue to decline by a low- to mid-single-digit rate, partially offset by margin improvements as the company realizes synergies from its Lexmark acquisition.

Xerox has also implemented a warrant program that allows for an effective exchange of debt at distressed levels for equity. If a material amount of debt is exchanged, Moody's said it could view the transaction as a distressed exchange.

https://www.marketscreener.com/news/moody-s-downgrades-xerox-on-concerns-over-financial-performance-ce7e5fd3dc8ef325


How big does your yacht have to be?

Having worked here for a number of years we've all heard of the "restructuring" BS that has people in a constant wave of panic. Even though I am upset at how I was laid off, ultimately I'm glad and think this can help me in the future. Useless MD/D & SVPS that run the boat into the storm and never seem to face any repercussions for their actions. After a fairly tough year getting bad ratings seems to be the reason I loss my job but who can even tell. They claim my role has been eliminated, so here I am at home waiting to hear a call from HR. On another note I cannot reach out to HR it seems like this was a planned move on their part; giving managers a script to read to workers and absolutely no answers I feel like a sitting duck. And to any of the managers reading this that knew their workers were going to get cut but decided to tell them the day of the actual cuts. I hope you enjoy he**.


Kyndryl’s Collapse Isn’t a Dip Worth Buying

Barron's: 2/10/26 -

  • Kyndryl Holdings shares plunged 55% to $10.59 after multiple executive departures and an SEC review of accounting practices.
  • Guggenheim Partners downgraded the stock to Neutral, citing unanswered questions and weak fiscal third-quarter results.
  • The company cut its fiscal 2026 revenue outlook to a 2% to 3% decline and reduced free cash flow guidance to $350 million.

Kyndryl’s future is too uncertain for investors to feel comfortable, according to Guggenheim Partners.

If there is one thing investors dislike most, it is uncertainty. Kyndryl Holdings’ future now looks more uncertain than ever after a historic selloff on Monday, analysts say.

Shares of the IT infrastructure company plunged 55% to $10.59 after Kyndryl announced the departures of Chief Financial Officer David Wyshner, General Counsel Edward Sebold, and Global Controller Vineet Khurana. The company also disclosed that it is reviewing its accounting practices following voluntary document requests from the Securities and Exchange Commission.

Guggenheim Partners downgraded Kyndryl stock to Neutral from Buy and withdrew its price target. In a research note, analyst Jonathan Lee said the announcements, combined with weak fiscal third-quarter results, raised more questions than answers.

The stock rebounded 5.3% on Tuesday to $11.15.

Lee said investors likely anticipated a weak earnings report from the former IBM spinoff but were unprepared for the abrupt exit of key legal and financial executives or the disclosure of material weaknesses in internal controls over financial reporting. The SEC review, in particular, is expected to remain an overhang on the stock.

Kyndryl said it is developing a remediation plan but offered no details, noting that additional information would be provided in a delayed quarterly securities filing.

“We expect investors to continue questioning execution and credibility until management provides an update on material weaknesses,” Lee wrote.

The company’s updated guidance also failed to reassure investors. Kyndryl now expects fiscal 2026 revenue to decline 2% to 3%, compared with a prior forecast of 1% growth. It also cut its midpoint free cash flow forecast to $350 million, down from $550 million.

According to Lee, the revised outlook casts doubt on Kyndryl’s long-term goal of generating $1 billion in adjusted free cash flow by 2028. Restoring confidence in that target will require a credible management team capable of executing a turnaround.

For now, analysts recommend caution. J.P. Morgan double-downgraded Kyndryl to Underweight from Overweight, and Oppenheimer cut its rating to Perform from Outperform.

https://www.barrons.com/articles/kyndryl-stock-downgrade-accounting-review-7245a725


What a mess! Must read.

I'm long gone from Nielsen but did enjoy my two decades there as I worked with some great people over the years (and some not so much...lol). The ONE THING I DON'T miss is this!!! As a client facing exec, having to get up every day and defend methodolgy and data was mind numbing...especially when you knew what you were defending was likely garbage. But hey, that's what we got paid to do. Nielsen was quite often literally a thankless job, and the stress could take years off your life. Glad I got out when I did.

https://www.thecurrent.com/tv-networks-historic-ratings-drops-nielsen-big-data-panel-vab-reports