Group 1 - InterDigital (IDCC) is outperforming its peers in the Computer and Technology sector, with a year-to-date return of approximately 37.7% compared to the sector average of 12.9% [4] - The Zacks Consensus Estimate for InterDigital's full-year earnings has increased by 4.9% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [4] - InterDigital holds a Zacks Rank of 1 (Strong Buy), suggesting a favorable investment opportunity based on earnings estimates and revisions [3] Group 2 - InterDigital is part of the Wireless Equipment industry, which consists of 11 stocks and currently ranks 67 in the Zacks Industry Rank, with an average gain of 15.8% this year [6] - In contrast, Draganfly Inc. (DPRO), another outperforming stock in the Computer and Technology sector, has a year-to-date return of 19% and a Zacks Rank of 2 (Buy) [5] - The Computers - IT Services industry, to which Draganfly belongs, is ranked 162 and has experienced a decline of 16.2% this year [6]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: ViaSat (VSAT) - ViaSat currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3]. - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [4]. Performance Metrics - Over the past week, VSAT shares increased by 3.06%, outperforming the Zacks Wireless Equipment industry, which rose by 2.74% [6]. - In a longer timeframe, VSAT's monthly price change is 89.84%, significantly higher than the industry's 0.94% [6]. - Over the last three months, VSAT shares have surged by 208.64%, and by 65.75% over the past year, while the S&P 500 only increased by 11.26% and 15.64%, respectively [7]. Trading Volume - The average 20-day trading volume for VSAT is 4,849,524 shares, indicating a bullish sign with rising stock prices [8]. Earnings Outlook - In the past two months, two earnings estimates for VSAT have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.06 to $1.69 [10]. - For the next fiscal year, two estimates have also moved upwards without any downward revisions [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, VSAT is positioned as a promising momentum pick for investors [11].

Group 1 - Ubiquiti Inc. reported quarterly earnings of $3.54 per share, exceeding the Zacks Consensus Estimate of $1.94 per share, and showing an increase from $1.74 per share a year ago, resulting in an earnings surprise of +82.47% [1] - The company achieved revenues of $759.15 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 23.43%, compared to $507.46 million in the same quarter last year [2] - Ubiquiti has consistently outperformed consensus EPS estimates over the last four quarters, with a favorable trend in estimate revisions leading to a Zacks Rank 2 (Buy) for the stock [6] Group 2 - The current consensus EPS estimate for the upcoming quarter is $2.21 on revenues of $629.43 million, and for the current fiscal year, it is $9.29 on revenues of $2.5 billion [7] - The Wireless Equipment industry, to which Ubiquiti belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a strong potential for outperformance compared to lower-ranked industries [8]

Core Insights - Ubiquiti Inc. reported quarterly earnings of $3.57 per share, significantly exceeding the Zacks Consensus Estimate of $1.94 per share, and up from $1.74 per share a year ago, representing an earnings surprise of +84.02% [1] - The company achieved revenues of $759.15 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 23.43%, compared to $507.46 million in the same quarter last year [2] - Ubiquiti has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Ubiquiti's stock price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - The current consensus EPS estimate for the upcoming quarter is $2.21 on revenues of $629.43 million, and for the current fiscal year, it is $9.29 on revenues of $2.5 billion [7] Industry Context - The Wireless Equipment industry, to which Ubiquiti belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Ubiquiti's stock performance [5][6]

Core Insights - Viasat, Inc. has launched the HaloNet portfolio, which integrates space and terrestrial networks into a unified service offering aimed at enhancing near-Earth communications [1][9] - HaloNet is designed to support simultaneous connectivity to thousands of space vehicles across various orbital inclinations, serving missions up to 1,100 km in low Earth orbit and medium Earth orbit [2] - The platform addresses the growing demand for agile, reliable, and secure communications infrastructure as government and commercial LEO operations expand [3] Product Features - HaloNet offers a turnkey launch and orbital communications solution, combining multi-band GEO-relay and Direct-to-Earth satellite communications [2][4] - Key services include secure telemetry and command links, real-time data relay during launches, high-capacity data transmission, and mobile command capabilities [4][5] - The system ensures secure and adaptable data transport with speeds ranging from tens of Kbps to over 10 Gbps through dynamic routing [5] Business Performance - Viasat's Satellite Services business is experiencing growth, with increasing average revenue per user (ARPU) and revenues driven by a solid retail distribution network [6] - The company reported strong first-quarter fiscal 2026 results, exceeding Zacks Consensus Estimates, with growth in aviation services, information security, and space systems [7] - For fiscal 2026, management anticipates low single-digit revenue growth and flat adjusted EBITDA year over year [7] Stock Performance - Viasat currently holds a Zacks Rank 2 (Buy), with shares increasing by 58.1% over the past year, outperforming the Wireless Equipment industry's growth of 29.7% [8]

Group 1 - InterDigital (IDCC) has shown strong year-to-date performance, returning 39.5%, significantly outperforming the average return of 12.2% for the Computer and Technology sector [4] - The Zacks Rank for InterDigital is currently 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past 90 days, the Zacks Consensus Estimate for InterDigital's full-year earnings has increased by 4.8%, reflecting improved analyst sentiment [4] Group 2 - InterDigital is part of the Wireless Equipment industry, which ranks 87 in the Zacks Industry Rank, and has outperformed the average industry gain of 9.7% year-to-date [6] - In comparison, Corning (GLW), another strong performer in the sector, has returned 34.6% year-to-date and belongs to the Communication - Components industry, which is ranked 162 [5][6] - Both InterDigital and Corning are expected to maintain their solid performance moving forward, making them attractive to investors in the Computer and Technology sector [7]

Core Insights - Clearfield (CLFD) reported quarterly earnings of $0.11 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, compared to a loss of $0.04 per share a year ago, representing an earnings surprise of +120.00% [1] - The company achieved revenues of $49.9 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.84% and showing an increase from $48.79 million year-over-year [2] - Clearfield has outperformed the S&P 500, with shares increasing approximately 41.7% since the beginning of the year, compared to the S&P 500's gain of 7.1% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $53.4 million, and for the current fiscal year, it is $0.19 on revenues of $183.65 million [7] - The estimate revisions trend for Clearfield was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Wireless Equipment industry, to which Clearfield belongs, is currently ranked in the top 41% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, AST SpaceMobile, Inc. (ASTS), is expected to report a quarterly loss of $0.19 per share, with revenues projected to be $5.15 million, reflecting a significant year-over-year increase of 472.2% [9]

Company Performance - ViaSat reported quarterly earnings of $0.17 per share, exceeding the Zacks Consensus Estimate of a loss of $0.05 per share, and improved from a loss of $0.26 per share a year ago [1] - The earnings surprise was +440.00%, contrasting with a previous quarter where a loss of $0.02 was reported against an expectation of $0.03, resulting in a surprise of -166.67% [2] - Revenues for the quarter ended June 2025 were $1.17 billion, surpassing the Zacks Consensus Estimate by 3.71%, and up from $1.13 billion year-over-year [3] Stock Performance - ViaSat shares have increased approximately 138.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.6% [4] - The current consensus EPS estimate for the upcoming quarter is -$0.09 on revenues of $1.15 billion, and for the current fiscal year, it is $0.06 on revenues of $4.64 billion [8] Industry Outlook - The Wireless Equipment industry, to which ViaSat belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, indicating potential challenges ahead [9] - Ubiquiti Inc., another company in the same industry, is expected to report quarterly earnings of $1.94 per share, reflecting a year-over-year change of +11.5%, with revenues anticipated to be $615.07 million, up 21.2% from the previous year [10]

Core Viewpoint - InterDigital (IDCC) reported quarterly earnings of $6.52 per share, significantly exceeding the Zacks Consensus Estimate of $3.36 per share, and showing an increase from $4.57 per share a year ago, resulting in an earnings surprise of +94.05% [1] Financial Performance - The company achieved revenues of $300.6 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 56.06%, compared to $223.49 million in the same quarter last year [2] - Over the last four quarters, InterDigital has exceeded consensus EPS estimates three times and topped revenue estimates four times [2] Stock Performance - InterDigital shares have increased approximately 26.6% since the beginning of the year, outperforming the S&P 500's gain of 8.2% [3] Future Outlook - The company's earnings outlook will be crucial for determining the sustainability of its stock price movement, with current consensus EPS estimates at $2.15 for the coming quarter and $11.72 for the current fiscal year [4][7] - The estimate revisions trend for InterDigital was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Wireless Equipment industry, to which InterDigital belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting that the industry outlook could materially impact stock performance [8]

Industry Overview - The Zacks Wireless Equipment industry is experiencing healthy demand trends due to rapid 5G deployment and upgrades to cloud and fiber network infrastructure [1] - The industry includes companies providing networking solutions, wireless telecom products, and related services for voice and data communications [3] - Key products include integrated circuit devices, system software, two-way radios, satellite telecommunications, and security products [3] Future Trends - Network convergence is a significant trend, with operators combining voice, video, and data communications into a single network, which is expected to reduce service delivery costs and enhance broadband competition [4] - The industry is focused on supporting high user volumes and minimizing performance degradation through scalable solutions [4] Profitability Challenges - Short-term profitability is at risk due to high costs associated with first-generation 5G products, geopolitical tensions, and supply chain disruptions [5] - Elevated customer inventory levels and macroeconomic challenges are additional headwinds affecting profitability [5] Growth Drivers - The demand for advanced wireless products and services is driven by the need for network optimization and the rapid pace of 5G deployment [6] - The expansion of fiber optic networks and the growth of cloud networking solutions are acting as tailwinds for the industry [6] Market Performance - The Zacks Wireless Equipment industry has outperformed the S&P 500 and the broader Zacks Computer and Technology sector, with a growth of 34.9% over the past year compared to 17.2% and 22.8% respectively [10] - The industry currently has a Zacks Industry Rank of 96, placing it in the top 39% of over 250 Zacks industries, indicating positive prospects [8] Valuation Metrics - The industry is trading at a trailing 12-month EV/EBITDA of 25.07X, higher than the S&P 500's 17.85X and the sector's 18.23X [13] Notable Companies - **Ubiquiti Inc. (UI)**: Gained 160.3% over the past year, with strong growth opportunities in both emerging and developed economies [16][20] - **InterDigital Inc. (IDCC)**: Achieved an 87.6% increase in stock price, with a long-term earnings growth expectation of 15% [19][20] - **Clearfield, Inc. (CLFD)**: Gained 12.1% over the past year, benefiting from strong demand in fiber optic products and regional service provider verticals [23]