Core Viewpoint - LeddarTech Holdings Inc. (LDTC) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for LeddarTech for the fiscal year ending September 2025 is projected at -$0.87 per share, reflecting a 29.8% change from the previous year's reported number [9]. - Over the past three months, the Zacks Consensus Estimate for LeddarTech has increased by 13.9%, indicating a trend of rising earnings estimates [9]. Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, which is crucial for individual investors to make informed decisions [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell), and has shown an impressive track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [8]. Market Implications - The upgrade to Zacks Rank 2 places LeddarTech in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [11]. - Rising earnings estimates and the consequent rating upgrade indicate an improvement in LeddarTech's underlying business, which is expected to drive the stock price higher [6].
All You Need to Know About LEDDARTECH HLDG (LDTC) Rating Upgrade to Buy