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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Reuters· 2026-05-09 17:02
Core Insights - Rippling, an HR software startup, raised $450 million in Series G funding, achieving a valuation of $16.8 billion, focusing on global revenue growth over immediate profitability [1][4][5] Funding and Valuation - The funding round included participation from notable investors such as Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth [2] - The new valuation of $16.8 billion marks an increase from the previous valuation of $13.5 billion in early 2024 [4] Employee Equity and IPO Plans - Rippling plans to repurchase up to $200 million of equity from current and former employees through a tender offer, which may become an annual event [2][3] - The CEO stated that the company does not have immediate plans for an IPO, emphasizing the need for profitability before considering going public [4][6] Business Performance and Strategy - Rippling has surpassed $100 million in annual recurring revenue and serves over 20,000 customers with a suite of more than 20 products [5] - The company is prioritizing growth over profitability, indicating a strategic choice to expand rapidly rather than slow down for immediate profit [6] Legal Challenges - Rippling is involved in ongoing legal disputes with competitor Deel, including allegations of corporate espionage, which have raised questions about competitive practices in the tech industry [7][8]
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Barclays PLC Investors to Inquire About Securities Class Action Investigation - BCS
TMX Newsfile· 2026-03-15 16:40
New York, New York--(Newsfile Corp. - March 15, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Barclays PLC (NYSE: BCS) resulting from allegations that Barclays may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Barclays securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages ODDITY Tech Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ODD
TMX Newsfile· 2026-03-15 16:35
Core Viewpoint - A class action lawsuit has been filed against ODDITY Tech Ltd. for misleading statements regarding its business operations and financial prospects during the Class Period from February 26, 2025, to February 24, 2026 [1][5]. Group 1: Lawsuit Details - The lawsuit alleges that ODDITY's largest advertising partner made an algorithm change that diverted advertisements to lower quality auctions, leading to increased customer acquisition costs [5]. - It is claimed that ODDITY overstated the strength and sustainability of its digital operating model and market position, resulting in materially false and misleading public statements [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Investors who purchased ODDITY securities during the Class Period can join the class action by visiting the provided link or contacting the law firm [3][6]. - A lead plaintiff must be appointed by May 11, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions for investors [4].
Analysts React To ADT Inc’s (ADT) Earnings Report
Yahoo Finance· 2026-03-15 16:32
ADT Inc. (NYSE:ADT) is one of the 13 extreme value stocks to buy now. On March 6, Barclays analyst Manav Patnaik downgraded ADT Inc. (NYSE:ADT) from Equal Weight to Underweight. He also lowered the firm’s price target on the stock from $9 to $7. The price target adjustment came after the company announced its fourth-quarter fiscal 2025 results. Jim Cramer Says He Will “Entertain the Thought of ADT Inc (ADT) Right Now” ADT Inc. (NYSE:ADT) reported its fourth-quarter results on March 2 and provided an upda ...
BYND DEADLINE ALERT: ROSEN, A LONGSTANDING LAW FIRM, Encourages Beyond Meat, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important March 24 Deadline in Securities Class Action - BYND
TMX Newsfile· 2026-03-15 16:32
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Beyond Meat, Inc. securities between February 27, 2025, and November 11, 2025, of the March 24, 2026, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Beyond Meat securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3]. - The lawsuit alleges that Beyond Meat made materially false and misleading statements regarding its long-lived assets and their fair value, which could lead to a significant non-cash impairment charge [5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own achievements in recovering substantial amounts for investors [4]. - The firm has been recognized for its success in securities class action settlements, including being ranked No. 1 for the number of settlements in 2017 and securing over $438 million for investors in 2019 [4].
Is Prudential Financial (PRU) A Buy Despite The Downward Target Price Revision?
Yahoo Finance· 2026-03-15 16:31
Prudential Financial, Inc. (NYSE:PRU) is one of the 13 extreme value stocks to buy now. On March 5, TD Cowen analyst Andrew Kligerman reiterated a Hold rating on Prudential Financial, Inc. (NYSE:PRU) while revising the firm’s price target. The analyst reduced the price target from $113 to $105. According to Kligerman, the firm updated its financial model following the company’s fourth-quarter results, prompting an adjustment to its valuation outlook. Barclays Updates Life Insurance Coverage, Lowers Pruden ...
Here’s How Analysts Reacted To SM Energy’s (SM) $1 Billion Senior Notes
Yahoo Finance· 2026-03-15 16:31
SM Energy Company (NYSE:SM) is one of the 13 extreme value stocks to buy now. On March 6, Gabriele Sorbara of Siebert Williams Shank & Co maintained his Hold rating on SM Energy Company (NYSE:SM) and set a price target of $28. Prior to that, on March 4, Scott Hanold from RBC Capital also reaffirmed his Hold rating on the stock with a price target of $29. Sempra’s (SRE) Dividend Yield: What Makes it Stand Out This Month On the same day as the analyst rating update, SM Energy Company (NYSE:SM) also announc ...
Will Lincoln National (LNC) Restart Share Buyback in 2026?
Yahoo Finance· 2026-03-15 16:31
Lincoln National Corporation (NYSE:LNC) is one of the 13 extreme value stocks to buy now. According to a report released on March 5,  J.P. Morgan analyst Jimmy Bhullar reiterated a Sell rating on Lincoln National Corporation (NYSE:LNC) along with a price target of $42. Barclays Adjusts Lincoln National (LNC) Price Target while Reassessing Risk in Life Insurers In contrast to J.P. Morgan, Wells Fargo upgraded Lincoln National Corporation (NYSE:LNC) from Equal Weight to Overweight on February 25. The analy ...
Analysts Lower Their Price Targets on Corebridge Financial (CRBG) Stock
Yahoo Finance· 2026-03-15 16:31
Corebridge Financial Inc. (NYSE:CRBG) is one of the 13 extreme value stocks to buy now. Corebridge Financial Inc. (NYSE:CRBG) has received back-to-back downward target price revisions. On March 11, Alex Scott of Barclays lowered his price target from $34 to $33, while a day earlier, TD Cowen’s Daniel Bergman reduced the price target from $38 to $35. Corebridge Financial, Inc. (CRBG): Among Small Cap Financial Stocks Hedge Funds Are Buying Bob Huang at Morgan Stanley also lowered the firm’s price target o ...
Is AES Corporation (AES) A Buy After Earnings?
Yahoo Finance· 2026-03-15 16:31
The AES Corporation (NYSE:AES) is one of the 13 extreme value stocks to buy now. The AES Corporation (NYSE:AES) reported its fourth-quarter fiscal 2025 results on March 6, posting earnings and revenue that beat market expectations. The company reported non-GAAP earnings per share of $0.81, exceeding analyst estimates by $0.20. Revenue for the quarter came in at $3.1 billion, representing a 4.7% year-over-year increase and surpassing the consensus forecast by $30 million. The results reflected solid perform ...