Company News for May 13, 2026

Simon Property Group Inc.’s ( SPG) shares gained 2.3% after reporting first-quarter 2026 adjusted FFO of $3.17 per share, beating the Zacks Consensus Estimate of $2.98 per share. Shares of Hims & Hers Health Inc. ( HIMS) plummeted 14.1% after posting first-quarter 2026 revenues of $608.10 million, missing the Zacks Consensus Estimate of $619.62 million. Shares of Novanta Inc. ( NOVT) jumped 13.7% after the company reported first-quarter 2026 adjusted earnings of $0.81 per share, surpassing the Zacks Consensus Estimate of $0.78 per share. Halozyme Therapeutics Inc.’s ( HALO) shares climbed 6.8% after the company posted first-quarter 2026 adjusted earnings of $1.60 per share, outpacing the Zacks Consensus Estimate of $1.54 per share. 

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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Simon Property Group, Inc. (SPG): Free Stock Analysis Report
 
Halozyme Therapeutics, Inc. (HALO): Free Stock Analysis Report
 
Novanta Inc. (NOVT): Free Stock Analysis Report
 
Hims & Hers Health, Inc. (HIMS): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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