Enersys

Zacks Equity Research has named EnerSys as its Bull of the Day and AECOM as its Bear of the Day. EnerSys, a Zacks Rank #1 (Strong Buy), beat the Zacks Consensus by $0.84 in its fiscal 2027 first quarter with earnings of $3.66, and guided fiscal second quarter earnings to a range of $3.15 to $3.25, above the consensus of $3.01. AECOM, a Zacks Rank #5 (Strong Sell), missed the Zacks Consensus by $1.99 in its fiscal third quarter of 2026, reporting a loss of $0.50 versus the consensus of $1.49, due to a $337 million pre-tax charge on a Construction Management project. Zacks Equity Research also provides analysis on NVIDIA Corporation's NVDA and Advanced Micro Devices, Inc. AMD.

Several companies made notable moves this week on earnings and outlook news. EnerSys rose 5.7% on Thursday after reporting first-quarter fiscal 2027 results with strong earnings growth and guidance above Wall Street expectations. Sabre gained 6.3% on Thursday after posting strong second-quarter 2026 results, raising its full-year profitability outlook, and revealing new client wins. Corning fell 2.7% on Monday after reports that key customer Apple scrapped its planned all-glass 20th-anniversary iPhone model, raising concerns about future demand for specialty glass. HighPeak Energy rose 5.4% on Tuesday after reporting second-quarter 2026 results that surpassed Wall Street expectations, driven by surging crude oil prices and disciplined capital expenditures.

EnerSys shares rose 5.7% in morning trading after the battery maker reported first-quarter fiscal 2027 results with adjusted EPS of $3.66, up 64% year over year and above estimates, and guided second-quarter adjusted EPS to $3.15 to $3.25. Net sales grew 4.8% to $935.6 million, and gross margin expanded 510 basis points to 33.5%, helped by production tax credits, tariff refunds, and operational efficiency. The board also approved a 10% increase to the quarterly dividend. The stock later cooled to $192.58, up 3.1% from the previous close.

EnerSys outlined second-quarter fiscal 2027 guidance of $955 million to $995 million in net sales and adjusted diluted EPS of $3.15 to $3.25 per share, including $42 million to $47 million of 45X benefits. The company also detailed a refined U.S. lithium manufacturing plan tied to defense demand, with a facility expected to start at approximately 1 gigawatt hour of annual production capacity, supported by a DOE grant of approximately $150 million toward an estimated $650 million cost, implying a net EnerSys investment of approximately $500 million and full production expected about three years after construction begins. For the first quarter of fiscal 2027, EnerSys reported net sales of $936 million, up 5% from the prior year, and gross profit of $313 million with a gross margin of 33.5%, while operating cash flow of $230 million and capital expenditures of $12 million resulted in free cash flow of $218 million. CEO Shawn O'Connell highlighted record financial results driven by favorable price/mix, higher volumes, ongoing OpEx discipline and stock buybacks, with strength in data center, communications and defense. CFO Andrea Funk noted that the quarter included $31 million or $0.63 per share of tariff refunds related to previously paid IEEPA tariffs, creating a one-time positive impact, and that beginning this quarter the company excluded noncash stock-based compensation expense from adjusted operating earnings, adjusted EBITDA and adjusted diluted EPS metrics, amounting to $7.6 million for Q1 fiscal 2027.

Several companies saw significant premarket moves following their latest earnings reports. Tapestry dropped 7% after fiscal fourth-quarter revenue of $1.88 billion only slightly exceeded estimates, while Yeti slipped nearly 4% despite beating earnings expectations. Cerebras Systems tumbled nearly 18% after second-quarter revenue of $180 million missed the $194 million LSEG consensus, and StubHub lost almost 17% on weaker-than-expected adjusted gross margin. Birkenstock jumped 10% on better-than-expected quarterly results and raised full-year guidance, while EnerSys gained 13% after earnings and revenue topped Wall Street forecasts. Grocery Outlet rose 9% and Jack in the Box added more than 6% on earnings beats.

EnerSys has been awarded a revised $150 million grant from the U.S. Department of Energy for its planned lithium cell manufacturing facility in South Carolina. The company expects total investment for the plant, which will focus on lithium cells for aerospace, defense, and specialized industrial applications, to be approximately $500 million, with construction beginning in fiscal year 2028. The facility is expected to have an initial production capacity of about one gigawatt hour to meet specialized defense requirements. Given the refined defense-focused scope, EnerSys no longer expects Verkor to serve as the project's technology partner and will instead leverage its existing technology partnerships within its aerospace and defense supply base. EnerSys was previously awarded a comprehensive incentive package through South Carolina and Greenville County totaling approximately $200 million.

EnerSys introduced DataSafe Noir, a lithium-based energy storage system for data center power, on June 9. The system is built for real-world and dynamic load conditions, including high-density environments where AI-driven workloads can create variable power demand. DataSafe Noir is available immediately and delivers more than 2x output power and over 1.7x greater energy and capacity compared with publicly available specifications for leading lithium systems. The platform expands EnerSys' data center portfolio beyond its established DataSafe Thin Plate Pure Lead battery technology, giving customers both traditional lead-acid and advanced lithium-based options from one supplier.

Component makers tied to the humanoid robotics supply chain rallied sharply on Tuesday as investors sought out specialist suppliers. Sensor makers Ouster, Cognex, and Allegro Microsystems closed up 15.6%, 5.9%, and 4.9% respectively, while edge AI vision processor maker Ambarella surged 28%. Motor makers like Nidec, RBC Bearings, Regal Beloit, and Ametek closed between 1% and 8% higher, with Regal Beloit gaining 8.3% after Kerrisdale Capital disclosed a long position citing the physical AI angle. AI brain maker NVIDIA gained 2.6%, battery maker Enersys rose 4.3%, and power electronics names such as Wolfspeed surged 9%. The moves highlight that component suppliers sell into multiple robot OEMs simultaneously, meaning any broad acceleration in humanoid build rates lifts the entire component tier. However, Reuters reported on June 29 that doubts are creeping into the broader AI trade, with a Bank for International Settlements warning that AI and automation asset valuations may be overextended, a caution directly relevant to high-multiple humanoid component names.

EnerSys reported first-quarter revenue of $988 million, a 1.4% year-on-year increase that exceeded analyst expectations by 1.5%. The company, which manufactures batteries for industries including mining, also delivered an impressive beat on EBITDA estimates and issued next-quarter EPS guidance above consensus. Among 17 tracked renewable energy stocks, the group overall beat revenue estimates by 5.7% and saw average share price gains of 10.8% since reporting. Bloom Energy posted the strongest results with revenue surging 130% to $751.1 million, while FuelCell Energy was the weakest with a 4.9% revenue decline to $35.59 million, missing estimates by 12.6%.