UBS

A month has gone by since the last earnings report for UBS (UBS). Shares have added about 6.7% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is UBS due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for UBS Group AG before we dive into how investors and analysts have reacted as of late. UBS Group reported a first-quarter 2026 net profit attributable to shareholders of $3.04 billion compared with $1.69 billion in the prior-year quarter. Results were driven by the strong performances of the Global Wealth Management, Asset Management and Investment Bank divisions. An increase in total assets was also encouraging. However, higher operating expenses acted as a headwind. Revenues & Expenses The company’s first-quarter total revenues increased 13.4% year over year to $14.24 billion. Operating expenses rose slightly year over year to $10.33 billion. UBS Group reported total credit loss expenses of $70 million, which declined 30% from the year-ago quarter. Business Divisions’ Performance Global Wealth Management’s operating profit before tax was $1.79 billion, up from $1.36 billion in the year-ago quarter. Asset Management’s operating profit before tax was $217 million, up 60.7% from the year-ago quarter. Personal & Corporate Banking reported operating profit before tax of $1.04 billion, up from $607 million in the year-ago quarter. The Investment Bank unit reported an operating profit before tax of $1.21 billion, up from $722 million in the year-ago quarter. Non-Core & Legacy incurred an operating loss before tax of $155 million in the reported quarter compared with a loss of $391 million in the year-ago quarter. Group Items reported an operating loss before tax of $258 million compared with a loss of $299 million in the year-ago quarter. Capital Position Total assets rose 4.3% from the previous quarter’s end to $1.69 trillion. The company’s return on Common Equity Tier 1 capital was 16.8% as of March 31, 2026, compared with 9.6% as of March 31, 2025. The risk-weighted assets rose 3.5% year over year to $500.3 billion. The CET1 capital rose 6% year over year to $73.3 billion. As of March 31, 2026, the company's invested assets were $6.9 trillion, up 11.8%...

Chevron Corporation (NYSE:CVX) ranks among the best retirement stocks to buy now. On May 5, RBC Capital maintained its Outperform rating on Chevron Corporation (NYSE:CVX) and set a $220 price target. The firm pointed out that although considerable free cash flow was projected in the coming months, Chevron decided to stick with its current strategy, capital structure, and payouts. Meanwhile, UBS boosted Chevron Corporation (NYSE:CVX)’s price objective to $220 from $218, maintaining a Buy rating on the company’s shares. The firm referenced Chevron’s first-quarter 2026 earnings, which exceeded estimates despite timing-related hurdles. The Middle East crisis had no direct impact on Chevron’s assets, and operations temporarily suspended for safety reasons have since resumed. Beyond the reversal of timing effects, UBS highlighted a number of possible earnings upside catalysts for the second and third quarters of 2026. Notably, because the Tengiz-Chevroil project exceeds nameplate capacity, the firm anticipates volumes from Kazakhstan and Eurasia to increase by 60% in Q2 compared to Q1. Chevron Corporation (NYSE:CVX) is a multinational energy company that explores, produces, refines, and sells oil and natural gas products, including transportation fuels and lubricants. While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.

Salesforce Inc (NYSE:CRM, XETRA:FOO) heads into its fiscal first quarter earnings report on May 27, with analysts at UBS pointing to a mixed demand environment for enterprise software and limited signs of near-term acceleration in bookings trends. UBS wrote recent channel checks with roughly 25 enterprise IT executives and partners suggest IT spending growth remains constrained, particularly for non-AI application software. The firm characterized the broader SaaS demand backdrop as challenging and noted conditions may have tightened over the past few months. For Salesforce specifically, UBS wrote that its latest checks were “mixed to in-line,” without evidence of a meaningful pickup in bookings that would support the company’s expectation for stronger growth in the second half of the fiscal year. By product area, feedback on Sales Cloud and Service Cloud was described as steady, while sentiment around Marketing Cloud, Commerce Cloud, Tableau, and MuleSoft remained mixed. Responses regarding Agentforce were also described as more mixed compared with the prior quarter. The analysts believe this combination leaves the bar for a second-half growth reacceleration relatively high, given the current demand environment. They added there is uncertainty around whether Salesforce can sustain its guidance for improving growth through the remainder of the year if enterprise software spending conditions do not strengthen. More broadly, UBS wrote that investor sentiment across application software remains subdued, with limited evidence so far that customers are replacing core software systems with AI-driven alternatives. While that dynamic may reduce downside risk in the near term, it has not yet translated into a clear improvement in demand trends, according to the note. UBS also highlighted a cautious stock setup, noting that while software equities have rebounded from prior lows, the recovery has not been accompanied by a clear uptick in April or May demand indicators. The firm estimated a 25% to 40% probability that Salesforce could either soften or only modestly achieve its second-half acceleration outlook, depending on end-market conditions. UBS maintained a 'Neutral' rating on the stock, reflecting what it described as a balance between muted expectations and ongoing uncertainty around enterprise software spending and the timing of any AI-driven uplift in core appli...

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.5% and the actively trad

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. The latest analyst update on Kontoor Brands keeps the model fair value steady at US$92.67, even as the underlying assumptions behind that price target shift. Recent research has highlighted a cluster of higher published targets, tying those figures to a stronger Q4 profit performance and a 2026 outlook that is shaping opinion on valuation, execution and growth potential. Read on to see how these moving pieces fit together and how you can track the story as it develops. Stay updated as the Fair Value for Kontoor Brands shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Kontoor Brands. UBS lifted its price target to US$131 from US$118 after Q4 results, pointing to what it describes as strong fundamentals and resilient gross margin, which feeds into a constructive view on execution and earnings power. Goldman Sachs raised its target to US$95 from US$84 and cites confidence in what it calls a path to profitable growth, highlighting Wrangler momentum, contribution from Helly Hansen and margin support from cost savings efforts. Wells Fargo moved its target to US$100 from US$95, pointing to a profit beat in Q4 and a 2026 outlook that it argues supports a more optimistic stance on both valuation and the durability of the growth plan. Barclays increased its target to US$93 from US$74, calling the Q4 report strong, which supports the view that Kontoor Brands is executing well against current expectations. Stifel lifted its target to US$80 from US$75 after Q4, citing what it describes as tangible margin strength into 2026 and an improved capital structure as key supports for the investment case. Stifel keeps a Hold rating despite its higher target, which signals some caution on how much upside is already reflected in the current valuation and how execution risks could affect the growth outlook. Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives! We've flagged 3 risks for Kontoor Brands. See which could impact your investment. Kontoor Brands authorized a share repurchase program of up to US$750m. Management indicated t...

Intuit reported better-than-expected financial results for its crucial tax season Wednesday, while also announcing a round of layoffs. Intuit said it’s reducing its full-time workforce by 17%. According to Layoffs.fyi, a website that tracks tech layoffs, 114,173 tech employees have lost their jobs in 2026.

In recent days, Pilgrim's Pride has drawn heightened attention after UBS and Barclays updated their analyst coverage, while Zacks assigned the stock a Rank #5 (Strong Sell) following downward revisions to near-term earnings estimates. This mix of cautious earnings expectations, an overall Neutral stance from UBS, and an Overweight view from Barclays has sharpened the market’s focus on how Pilgrim’s Pride balances profitability with industry cost pressures. With analyst views now highlighting both potential earnings headwinds and solid free cash flow generation, we’ll explore how this reshapes Pilgrim’s Pride’s investment narrative. We've uncovered the 12 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. To own Pilgrim’s Pride today, you need to believe the company can keep translating its global poultry scale and prepared foods push into resilient cash generation, even as earnings face pressure from industry costs and softer margins. The latest analyst moves, including Zacks’ Rank #5 (Strong Sell) and UBS’ Neutral, reinforce that near term profit headwinds are the key catalyst to watch, while margin compression from feed and pricing remains the central risk. Their views do not fundamentally alter that picture. The recent Q1 2026 earnings release makes this tension clear: sales were roughly flat year over year at US$4,532.63 million, but net income fell to US$101.42 million from US$296.03 million. That kind of profit squeeze is exactly what UBS and Zacks are flagging in their more cautious stance, even as Barclays points to free cash flow as a support. How quickly Pilgrim’s Pride can stabilize earnings from here will likely shape how investors interpret these mixed signals. Yet behind the appeal of solid cash generation, investors should be aware of how quickly feed and production costs can swing and... Read the full narrative on Pilgrim's Pride (it's free!) Pilgrim's Pride's narrative projects $19.4 billion revenue and $936.1 million earnings by 2029. Uncover how Pilgrim's Pride's forecasts yield a $40.57 fair value, a 43% upside to its current price. Some of the lowest estimate analysts sounded far more cautious before this news, assuming earnings could fall toward about US$678.0 million even if revenue held near US$18.8 billion, so you should recognize that views on Pilgrim’s Pride’s margin and feed cost risks can...

NEW YORK, May 20, 2026--(BUSINESS WIRE)--UBS Investment Bank today announced the coupon payment for the ETRACS Alerian MLP Index ETN Series B (NYSE Arca: "AMUB"), traded on the NYSE Arca. * The table above provides a hyperlink to the relevant prospectus and supplements thereto. For more information on the ETRACS ETN, see "List of ETNs." **"Current Yield (annualized)" equals the current Coupon Amount, multiplied by four (to annualize such coupon), divided by the Closing Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN. About ETRACS ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on either NYSE Arca or NASDAQ, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under "Risk Factors" in the applicable prospectus supplement for the ETRACS ETN. UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the relevant prospectus, along with the applicable prospectus supplement and pricing supplements to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS ETNs. The applicable offering document for each ETRACS ETN may be obtained by clicking on the name of each ETRACS ETN identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus, the applicable prospectus supplement or pricing supplement, by calling toll-free (+1-877-387-2275). The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United...

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Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) has a new $275 price target from UBS, up from $245, as the firm raised its outlook on stronger earnings power and expanding AI-driven demand. The revision is based on a 19x multiple applied to revised 2027 earnings per share of $14.35, reflecting increased confidence in the company’s data center growth trajectory. Nvidia is expected to deliver a strong first quarter performance, with UBS forecasting revenue of around $81 billion, implying a roughly $3 billion beat versus the midpoint of consensus estimates at $78 billion. The bank also sees second-quarter guidance coming in “at least as good as investor bogeys” in the $90 billion to $91 billion range. UBS said Nvidia’s next-generation Rubin chip and compute board production remains on track, though some system-level adjustments could affect timing. It noted that “some fine tuning on rack-level cooling issues seems to be pushing mass production for racks into the September/October timeframe,” but added that robust demand for Blackwell should help smooth near-term supply timing. The firm also said ODM partners could extend production into year-end, potentially offsetting any short delays. Capital returns are expected to be a major focus in the upcoming results. UBS is watching for “both share repurchases and a potential increase in the dividend,” and sees a possible new buyback authorization that could approach $150 billion over the next 12 months. The firm added that investor pressure for a higher dividend is increasing, with the view that it could broaden the shareholder base. UBS also highlighted rising hyperscale capital spending, noting that “US hyperscale capex expectations increased to $812 billion and $968 billion from prior $764 billion and $839 billion” for 2026 and 2027, led by higher forecasts from Microsoft and Meta. On supply and demand dynamics, UBS pointed to expanding CoWoS packaging capacity and strong GPU shipment growth. It projects Nvidia could ship about 8.9 million GPUs in 2026 and 9.8 million in 2027, rising to roughly 15.4 million total compute units when including CPU and LPU products. The firm said Nvidia’s messaging continues to emphasize a shift toward system-level value creation through deeper software integration and disaggregated inference architectures. UBS also highlighted an updated backlog disclosure from GTC, where Nvidia raised its prio...

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