Latest news with #fiscalyear2026
Yahoo
10-08-2025
- Business
- Yahoo
Oppenheimer Ups EnerSys (ENS) Target After Strong Q1, Maintains Outperform
EnerSys (NYSE:ENS) is one of the best battery tech stocks to buy right now. Oppenheimer raised its price target on EnerSys (NYSE:ENS) to $120, up from the previous target of $101, on August 8. The firm also maintained its Outperform rating on the stock. This comes after EnerSys reported stronger-than-expected results for the first quarter of fiscal year 2026. Both revenue and earnings came in above analysts' estimates, which seemed to give the stock a boost on Thursday. In addition to the solid Q1 results, EnerSys also provided earnings guidance for the second quarter that was in line with what the market had been expecting. This helped support investor confidence and may point to continued stability in the company's performance going forward. Shares of EnerSys are currently trading at $96. With Oppenheimer's new price target set at $120, the upside potential for the stock, according to Oppenheimer, is 25%. EverSys (NYSE:ENS) specializes in advanced stored energy solutions, producing industrial batteries used in motive power, reserve power, and specialty applications. Their technology supports critical sectors like telecommunications, aerospace, and material handling, making them a key player in battery innovation and infrastructure. While we acknowledge the potential of ENS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 10 Best Military Tech Stocks to Buy Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-08-2025
- Business
- Yahoo
Oppenheimer Ups EnerSys (ENS) Target After Strong Q1, Maintains Outperform
EnerSys (NYSE:ENS) is one of the best battery tech stocks to buy right now. Oppenheimer raised its price target on EnerSys (NYSE:ENS) to $120, up from the previous target of $101, on August 8. The firm also maintained its Outperform rating on the stock. This comes after EnerSys reported stronger-than-expected results for the first quarter of fiscal year 2026. Both revenue and earnings came in above analysts' estimates, which seemed to give the stock a boost on Thursday. In addition to the solid Q1 results, EnerSys also provided earnings guidance for the second quarter that was in line with what the market had been expecting. This helped support investor confidence and may point to continued stability in the company's performance going forward. Shares of EnerSys are currently trading at $96. With Oppenheimer's new price target set at $120, the upside potential for the stock, according to Oppenheimer, is 25%. EverSys (NYSE:ENS) specializes in advanced stored energy solutions, producing industrial batteries used in motive power, reserve power, and specialty applications. Their technology supports critical sectors like telecommunications, aerospace, and material handling, making them a key player in battery innovation and infrastructure. While we acknowledge the potential of ENS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 10 Best Military Tech Stocks to Buy Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
10-07-2025
- Business
- Zawya
UAE: General Budget Committee discusses draft budget for fiscal year 2026
The General Budget Committee has held its 13th meeting to discuss the draft general budget of the UAE for the fiscal year 2026. Held at Qasr Al Watan in Abu Dhabi, the meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court; H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance; and H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs. Also present were Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs; and Khaled Mohamed Balama Al Tameemi, Governor of the Central Bank of the UAE (CBUAE), in addition to representatives of the Presidential Court and the Ministry of Finance. During its meeting, the committee discussed a number of topics, including the draft general budget for the fiscal year 2026 as part of the budget plan for the years 2022-2026. This was done in accordance with the coordination carried out by the Ministry of Finance with all federal entities for the purpose of preparing the federal budget, taking into account developments in the local and global economic landscape. All necessary procedures were undertaken in line with the provisions governing the preparation and presentation of the budget, as outlined in Federal Decree-Law No. (26) of 2019 on Public Finance, its amendments, and the relevant decisions and recommendations. The committee directed that the necessary procedures be completed for preparing the draft federal budget for the year 2026, to be subsequently submitted to the Cabinet. It also reviewed the budget proposals submitted by various federal entities for the 2026 fiscal year. Additionally, the committee reviewed the financial position for fiscal year 2025, taking into account cash inflows and outflows recorded during the first half of the year, along with the projected outlook for fiscal year 2026. The projections were driven by updated revenue forecasts and expenditure estimates submitted by federal entities, reflecting sustained recovery across key economic sectors and positive national growth indicators. The committee recommended taking the necessary measures accordingly. The committee commended the Ministry of Finance's efforts in updating the draft budget for the fiscal year 2026 and for its effective coordination with federal entities throughout the preparation process.
Yahoo
11-06-2025
- Business
- Yahoo
Biddeford voters approve $49.8M school budget
Jun. 10—Biddeford voters approved the proposed $49.8 million school budget on Tuesday. The vote was 589 in favor and 245 against, with 7 responses left blank. The fiscal year 2026 budget is up $2.5 million, or 5.39% over this year's budget, and was approved by the Biddeford School Committee on April 30. With approval of the budget, the tax rate will increase by 81 cents, bringing the total up to $15.03. This means that a median home assessed at $382,350 will have an annual property tax of $5,747, up 5.7% from this year. Cost drivers for the school budget include staff salaries, health insurance and an updated math and reading curriculum. The district anticipates adding several new positions in the fiscal year beginning in July, including a new English language learning teacher, as well as a full-time science, technology, engineering and math position and a full-time special education secretary. Creating the FY26 budget this spring presented "unprecedented challenges," Superintendent Jeremy Ray said. The primary challenge is the significant increase in Biddeford's valuation, which resulted in decreased funding from the state. With Biddeford property values deemed higher, the state believes the city is in need of less funding, and taxpayers are expected to pay more in taxes to fund the Biddeford school system. However, many families are unable to do so, Ray said. "This substantial shift in funding responsibility presents unprecedented challenges for our budget planning process as we work to maintain educational quality while being mindful of taxpayer impact," Ray said. Copy the Story Link We believe it's important to offer commenting on certain stories as a benefit to our readers. At its best, our comments sections can be a productive platform for readers to engage with our journalism, offer thoughts on coverage and issues, and drive conversation in a respectful, solutions-based way. It's a form of open discourse that can be useful to our community, public officials, journalists and others. We do not enable comments on everything — exceptions include most crime stories, and coverage involving personal tragedy or sensitive issues that invite personal attacks instead of thoughtful discussion. You can read more here about our commenting policy and terms of use. More information is also found on our FAQs. Show less
