Analyst Ratings

Date	Action	Analyst	Rating	Target
Apr-17-26	Reiterated	DA Davidson	Buy	$90 → $55
Feb-12-26	Reiterated	Wedbush	Outperform	$75 → $60
Feb-12-26	Reiterated	RBC Capital	Outperform	$80 → $65
Feb-12-26	Upgrade	Barclays	Equal Weight → Overweight	$67 → $48
Feb-05-26	Reiterated	KeyBanc	Overweight	$70 → $60
Oct-23-25	Reiterated	Barclays	Equal Weight	$52 → $67
Oct-23-25	Reiterated	Wedbush	Outperform	$65 → $75
Oct-22-25	Upgrade	DA Davidson	Neutral → Buy
Apr-24-25	Reiterated	RBC Capital	Outperform	$90 → $120
Apr-23-25	Reiterated	DA Davidson	Neutral	$70 → $90

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	1,700	1,746	1,497	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	426	421	391
Gross Profit	1,274	1,324	1,107
Selling, General and Administrative Excl. Other	759	727	648
Research and Development	321	313	298
Other Operating Expense	21	21	37
Operating Income	172	263	124
Interest Expense	0	1	7
Unusual Expense	—	—	—
Non-Operating Income (Expense)	-22	-19	-26
Net Income Before Taxes	194	281	143
Income Taxes	-147	-113	43
Consolidated Net Income	341	393	99
Net Income From Continuing Operations	341	393	99
Net Income	341	393	99
EPS (Recurring)	2.00	2.30	0.58
EPS (Basic, Before Extraordinaries)	2.00	2.30	0.58
EPS (Diluted)	1.86	2.13	0.55
EBITDA	215	308	185
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	16.18	28.04	—
Price To Sales Ratio	2.99	5.85	—
Gross Margin	74.94	75.83	73.95
Operating Margin	10.12	15.06	8.28
Net Margin	20.06	22.51	6.61
Shares Outstanding	169	171	171
Market Capitalization	5,085	10,212	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
KOUNINIS EFSTATHIOS A	SVP, Chief Accounting Officer	Jun 16 '26	Sale	32.31	750	24,236	2,376	Jun 18 12:00 AM
Akgonul Rifat Kerim	Chief Product Officer	Jun 07 '26	Option Exercise	0.00	4,556	0	111,925	Jun 09 12:00 AM
KOUNINIS EFSTATHIOS A	SVP, Chief Accounting Officer	Jun 07 '26	Option Exercise	0.00	664	0	3,207	Jun 09 12:00 AM
STILLWELL KENNETH	COO, CFO	Jun 07 '26	Option Exercise	0.00	10,444	0	119,807	Jun 09 12:00 AM
Higgins John Gerard	Chief, Client &Partner Success	Jun 07 '26	Option Exercise	0.00	4,556	0	57,735	Jun 09 12:00 AM
Trefler Leon	Chief of Clients and Markets	Jun 07 '26	Option Exercise	0.00	5,316	0	124,057	Jun 09 12:00 AM
Akgonul Rifat Kerim	Chief Product Officer	Jun 05 '26	Option Exercise	0.00	4,400	0	110,711	Jun 08 12:00 AM
Higgins John Gerard	Chief, Client &Partner Success	Jun 05 '26	Option Exercise	0.00	4,400	0	56,685	Jun 08 12:00 AM
KOUNINIS EFSTATHIOS A	SVP, Chief Accounting Officer	Jun 05 '26	Option Exercise	0.00	880	0	3,082	Jun 08 12:00 AM
STILLWELL KENNETH	COO, CFO	Jun 05 '26	Option Exercise	0.00	8,804	0	116,318	Jun 08 12:00 AM
Trefler Leon	Chief of Clients and Markets	Jun 05 '26	Option Exercise	0.00	4,400	0	122,265	Jun 08 12:00 AM
STILLWELL KENNETH	COO, CFO	Jun 04 '26	Option Exercise	0.00	6,460	0	113,188	Jun 08 12:00 AM
Akgonul Rifat Kerim	Chief Product Officer	Jun 04 '26	Option Exercise	0.00	3,232	0	109,293	Jun 08 12:00 AM
Higgins John Gerard	Chief, Client &Partner Success	Jun 04 '26	Option Exercise	0.00	3,232	0	55,387	Jun 08 12:00 AM
KOUNINIS EFSTATHIOS A	SVP, Chief Accounting Officer	Jun 04 '26	Option Exercise	0.00	648	0	3,554	Jun 08 12:00 AM


Market Cap	5.05B	Forward P/E	9.77	EPS next Y	3.08	Insider Trans	0.15%	Shs Float	-	Perf Month	-10.18%


Enterprise Value	4.85B	PEG	0.20	EPS next Q	0.43	Inst Own	-	Short Float	-	Perf Quarter	-30.28%


Income	337.47M	P/S	2.97	EPS this Y	46.20%	Inst Trans	-	Short Ratio	-	Perf Half Y	-48.46%


Sales	1.70B	P/B	7.23	EPS next Y	13.28%	ROA	21.97%	Short Interest	-	Perf YTD	-49.61%


Book/sh	4.22	P/C	9.94	EPS next 5Y	12.48%	ROE	50.21%	52W High	68.09 -55.81%	Perf Year	-40.23%


Cash/sh	2.84	P/FCF	10.21	EPS past 3/5Y	-	ROIC	21.06%	52W Low	29.40 2.35%	Perf 3Y	-


Dividend Est.	0.12 (0.40%)	EV/EBITDA	22.66	Sales past 3/5Y	9.83% 11.39%	Gross Margin	74.96%	Volatility	3.49% 3.55%	Perf 5Y	-


Dividend TTM	0.12 (0.40%)	EV/Sales	2.86	EPS Y/Y TTM	227.27%	Oper. Margin	10.19%	ATR (14)	1.68	Perf 10Y	-


Dividend Ex-Date	Jul 01, 2026	Quick Ratio	1.22	Sales Y/Y TTM	13.56%	Profit Margin	20.04%	RSI (14)	29.08	Recom	2.00


Dividend Gr. 3/5Y	14.47% 8.45%	Current Ratio	1.22	EPS Q/Q	-39.47%	SMA20	-11.39%	Beta	1.15	Target Price	56.60


Payout	5.27%	Debt/Eq	0.10	Sales Q/Q	-9.66%	SMA50	-16.33%	Rel Volume	1.86	Prev Close	30.23


Employees	5,443	LT Debt/Eq	0.08	Earnings	Jul 28	SMA200	-38.27%	Avg Volume	2.24M	Price	30.09


IPO Date	Jul 19, 1996	Option/Short	Yes / Yes	EPS/Sales Surpr.	-29.12% -5.70%	Net Debt/EBITDA	-0.92	Volume	4,150,962	Change	-0.46%

PEGA