DaVita Reports Strong Q4 Earnings, Shares Surge 21.7%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2026
0mins
Source: Benzinga
- Strong Earnings Report: DaVita's Q4 earnings per share of $3.40 exceeded analyst expectations of $3.16, demonstrating robust profitability that enhances market confidence in the company's future performance.
- Sales Beat Estimates: The company reported quarterly sales of $3.620 billion, surpassing the analyst consensus of $3.497 billion, indicating strong competitive positioning and a rebound in customer demand that is expected to drive future revenue growth.
- Significant Stock Surge: DaVita's shares jumped 21.7% to $135.26 on Tuesday, reflecting a positive investor reaction to the financial results, which may attract further institutional interest in the stock.
- Price Target Increase: Barclays raised its price target for DaVita from $143 to $158, indicating analysts' optimistic outlook on the company's growth potential, which could further propel the stock price upward.
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Analyst Views on ALM
Wall Street analysts forecast ALM stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 20.650
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12.00
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Current: 20.650
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12.00
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12.00
About ALM
Almonty Industries Inc. is a diversified and global producer of tungsten concentrate. The Company is engaged in mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. It also has a significant molybdenum resource on a separate property adjacent to the tungsten orebody at the Sangdong Mine. Its additional development projects include the Valtreixal Project in northwestern Spain and Los Santos Mine in western Spain. The Panasqueira Mine is located in Covilha, Castelo Branco, Portugal. The Sangdong Mine is located at Sangdong in the south-eastern Korean Peninsula, approximately 170 km east-southeast of Seoul, South Korea. The Valtreixal Mine is a potential open pit operation, and is located in the northwest part of the Zamora province, in the Castilla de Leon region of Spain. It also operates Woulfe, whose properties are located in Gangwon Province, Republic of Korea, and whose operations relate primarily to the development of the Sangdong Project.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- AGM Voting Reminder: Almonty Industries urges shareholders to submit their votes ahead of the annual general meeting scheduled for June 9, 2026, with a proxy deadline of June 5 at 10:00 AM, emphasizing the importance of shareholder participation in the company's transformation.
- Strategic Milestones: In 2025, the company achieved significant milestones, including the commencement of active mining at the Sangdong Tungsten Mine in South Korea, which is expected to become one of the largest non-China tungsten mines, directly addressing supply vulnerabilities highlighted by U.S. defense procurement bans.
- Successful Financing: Almonty successfully completed a $90 million IPO and a $129 million follow-on offering in 2025, providing robust financial support for expansion and strategic investments, thereby enhancing its competitiveness in the global tungsten market.
- Governance Enhancement: The board is committed to improving governance structures to ensure diversity and necessary skills among board members, reflecting the company's growing influence in U.S. capital markets and aligning with shareholder expectations to maintain leadership continuity during future growth phases.
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- Surging Tungsten Demand: The ongoing wars in Ukraine and Iran have led to a critical shortage of tungsten, with projections indicating that the U.S. will require up to 20,000 metric tons annually over the next five to ten years, particularly driven by defense and industrial needs.
- Chinese Export Restrictions: China, which controls 80% of the global tungsten supply, has imposed strict export controls since February 2025, causing prices to soar and exacerbating supply chain tensions across various industries reliant on this critical metal.
- Kazakhstan Mining Project: Cove Kaz Capital's new tungsten mining operation in Kazakhstan is projected to produce 12,000 metric tons annually and aims to operate for over 50 years, addressing the increasing market demand and reducing reliance on Chinese supplies.
- Trump Family Investment Scrutiny: The merger of Skyline Builders Group, backed by members of the Trump family, with Cove Kaz Capital has drawn regulatory scrutiny, yet the U.S. government has committed up to $1.6 billion in funding to ensure tungsten supply security amid rising geopolitical tensions.
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- Index Inclusion Anticipation: Almonty Industries (ALM) is expected to join the Russell 1000 and 3000 indices following the 2026 reconstitution, as indicated by FTSE Russell's preliminary additions list published on May 22, 2026, reflecting an increase in the company's market recognition.
- Effective Date Schedule: The company's index inclusion is set to take effect at the market open on June 29, 2026, which will provide new investment opportunities for investors and potentially enhance the company's market liquidity and visibility.
- Style Index Expansion: Almonty is also expected to be added to relevant Russell growth and value style indices, which not only helps attract more institutional investors but may also improve its stock's long-term performance and market positioning.
- Financial Performance Overview: Almonty Industries recently reported a GAAP EPS of -$0.02, missing expectations by $0.03, while its revenue of $25.4 million exceeded expectations by $7.46 million, indicating the company's potential for revenue growth despite ongoing profitability challenges.
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- Russell Index Inclusion: Almonty Industries announced its upcoming inclusion in the Large-Cap Russell 1000® and Broad-Market Russell 3000® indexes in 2026, reflecting significant market capitalization growth and expected to enhance visibility among institutional investors.
- Market Impact: The Russell indexes encompass approximately 4,000 of the largest U.S. stocks, with Almonty's membership becoming effective on June 29, 2026, further solidifying its core position in the Western tungsten supply chain and enhancing future investment appeal.
- Strategic Development: CEO Lewis Black stated that with the Sangdong Mine coming online and the corporate headquarters relocating to the U.S., Almonty's operational and financial progress will support its long-term strategic vision, likely attracting more shareholders.
- Industry Context: Tungsten, as a critical strategic metal, is increasingly highlighted due to geopolitical tensions, with Almonty's role in global non-China tungsten production becoming more significant, especially in light of recent U.S. defense procurement bans and Chinese export restrictions.
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- Surging Tungsten Prices: Since China added tungsten products to its export control list in February 2025, ammonium paratungstate (APT) prices have surged 557%, pushing European benchmark prices toward $2,250 per metric ton by March 2026, prompting Western governments to accelerate the search for non-Chinese tungsten supply sources.
- Enhanced Policy Support: Canada's Bill C-15, which received Royal Assent on March 26, 2026, includes tungsten under a 30% Critical Mineral Exploration Tax Credit, applicable to flow-through agreements made between November 4, 2025, and March 31, 2027, further stimulating investment in tungsten resources.
- Magno Project Potential: GoldHaven's Magno Project in British Columbia has identified multiple tungsten-bearing targets, with 2025 surface sampling returning values up to 6,550 ppm tungsten, indicating the project's strategic importance in critical minerals.
- Growing Market Demand: As global demand for tungsten and other critical minerals rises, GoldHaven's Magno Project is viewed as a potential solution to meet Western market needs, with a drilling program planned for 2026 expected to further validate its economic potential.
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- Surging Tungsten Prices: Since China added tungsten products to its export control list in February 2025, ammonium paratungstate (APT) prices have surged by 557%, with European benchmark prices expected to reach $2,250 per metric ton by March 2026, prompting Western governments to accelerate the search for non-Chinese tungsten supply sources.
- Enhanced Policy Support: Canada's Bill C-15, which received Royal Assent on March 26, 2026, includes tungsten in the 30% Critical Mineral Exploration Tax Credit, applicable to flow-through agreements made between November 4, 2025, and March 31, 2027, further stimulating capital inflow into tungsten projects.
- Magno Project Potential: GoldHaven's Magno project in British Columbia has identified multiple tungsten-bearing targets, with 2025 surface sampling returning values up to 6,550 ppm tungsten, and drilling planned for 2026 aims to confirm historical data, enhancing the project's economic potential.
- Increased Market Attention: As the strategic importance of tungsten and other critical minerals rises, GoldHaven's Magno project is viewed as an ideal land package to meet Western buyers' needs, with drilling results over the next 12 months set to determine its market positioning.
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