Friday POW!
Pick of the Week
Key Highlights
Stock at ~$93 - $95; 52-week range $81.66–$123.35; market cap ~$22.5B; down ~24% from 52-week high
Q1 2026: revenue $4.39B, +24% beat vs. $3.53B estimate; EPS $3.83 vs. $3.70 estimate; net income $1.16B
Q1 FCF $1.7B; gross debt reduced $1.3B in Q1 alone — met full-year debt reduction target in one quarter
Net debt $2.805B at March 31, 2026 — down from $4.409B at December 31, 2025; rapid deleveraging underway
