Major Stocks Including Elastic, Veeva Systems, and HIVE Digital Decline in Friday's Pre-Market Trading
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2025
0mins
Source: Benzinga
U.S. Stock Futures: U.S. stock futures rose this morning, with Dow futures increasing by approximately 200 points on Friday.
Elastic NV Earnings Report: Elastic NV's shares dropped 12.3% in pre-market trading despite reporting adjusted earnings of 64 cents per share, surpassing analyst expectations, and quarterly revenue of $423.48 million, which also exceeded estimates.
Other Stocks Declining: Several other stocks experienced declines in pre-market trading, including Luda Technology Group Ltd (-11.1%), AnaptysBio Inc (-9.7%), and Sigma Lithium Corp (-8.4%).
Veeva Systems Performance: Veeva Systems Inc saw a 6.7% drop in pre-market trading despite posting strong third-quarter results and raising its fiscal year earnings and revenue estimates above analyst predictions.
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Analyst Views on TOI
Wall Street analysts forecast TOI stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 4.960
Low
5.00
Averages
6.67
High
8.00
Current: 4.960
Low
5.00
Averages
6.67
High
8.00
About TOI
The Oncology Institute, Inc. is a value-based oncology company. The Company manages community-based oncology practices which serve patients at approximately 86 clinic locations across 16 markets and five states throughout the United States. The Company's segment includes patient services, dispensary, and clinical trials & other. Its managed clinics provide a range of medical oncology services, including physician services, in-house infusion, radiation, and programs like outpatient blood product transfusions, along with 24/7 patient support. The Company, through TOI Clinical Research, LLC (TCR), provides and manages clinical trial services and research for the benefit of cancer patients. The Company also provides management services to over 14 clinic locations owned by independent oncology practices. The Company and its affiliated providers have contractual relationships with payors serving a variety of patients, including Medicare Advantage (MA), Medicaid, and commercial patients.
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.
Topicus Submits Revised Proposal to Acquire ReadyTech
- Acquisition Proposal Overview: Topicus.com Inc., through its subsidiary TSS Europe B.V., has submitted a revised acquisition proposal to acquire ReadyTech Holdings at a cash consideration of $2.00 per share or via an off-market bid at $1.75 per share, indicating a strong intent to acquire ReadyTech.
- Premium Analysis: The proposed cash consideration of $2.00 per share represents a 49.3% premium over ReadyTech's closing price of $1.34 on May 29, 2026, and exceeds both the one-month and three-month VWAP, suggesting an attractive valuation that may elicit a positive response from shareholders.
- Proposal Conditions: This non-binding proposal is subject to several conditions, including satisfactory due diligence by TSS, a positive recommendation from ReadyTech's Board, and necessary regulatory approvals, reflecting Topicus's cautious approach to the acquisition process.
- Strategic Intent: Topicus aims to provide ReadyTech shareholders with better liquidity options through this acquisition and is committed to collaborating with ReadyTech's Board to advance the proposal, thereby strengthening its position in the software market.
See More
Topicus, Lumine, and Constellation Shareholder Meeting Schedule Announced
- Shareholder Meeting Schedule: The annual general meetings for Topicus.com, Lumine Group, and Constellation Software are set for May 15, 2026, starting at 8:00, 8:15, and 8:30 AM respectively, utilizing a hybrid format to facilitate both in-person and virtual attendance by shareholders.
- Management Presentation Updates: Presentations will commence at 8:45 AM, featuring an update from Constellation Software President Mark Miller on artificial intelligence, aimed at enhancing shareholder understanding and confidence in the company's future technological developments.
- Venue and Participation Options: All meetings will take place at the Delta Hotel in Toronto, allowing shareholders to attend in person or via live webcast, ensuring broad participation and interaction among shareholders.
- Commitment to Transparency: All meeting details remain unchanged from the April 10, 2026 announcement, reflecting the companies' commitment to transparency and communication with shareholders, thereby strengthening trust in corporate governance.
See More
The Oncology Institute Q1 2026 Earnings Call Highlights
- Strong Financial Performance: In Q1 2026, The Oncology Institute (TOI) reported total revenue of $147.4 million, reflecting a 41% year-over-year growth, which underscores the company's ongoing expansion in value-based contracts and ancillary services, particularly in its pharmacy business, thereby solidifying its market position.
- Upgraded Cash Flow Projections: Management has raised its free cash flow expectations for 2026 to a range of $5 million to $15 million, indicating successful negotiations with key suppliers, which enhances the company's financial flexibility and capacity for future investments.
- Profitability in Florida Market: TOI has achieved profitability in Florida, with plans to cover approximately 200,000 Medicare Advantage members across 25 counties by Q3, marking a successful expansion and penetration in this critical market.
- Adjusted EBITDA Guidance: The CFO reiterated the adjusted EBITDA outlook for 2026 at $0 to $9 million, acknowledging potential seasonal challenges in Q2, yet maintaining an optimistic overall outlook that reflects the company's confidence in future growth.
See More
The Oncology Institute to Release Q1 2026 Financial Results
- Earnings Release Schedule: The Oncology Institute plans to announce its Q1 2026 financial results on May 7, 2026, followed by a conference call at 5:30 PM (Eastern Time), aimed at providing investors with the latest financial status and business developments.
- Conference Call Access: Investors can join the call by dialing 1-800-225-9448 (U.S.) or 1-203-518-9708 (international), with a replay available two hours post-call until May 21, 2026, ensuring timely access to critical information for stakeholders.
- Webcast Option: In addition to the phone call, investors can listen to a simultaneous webcast of the conference call via the Investor Relations section of the company’s website, enhancing information accessibility and transparency, reflecting the company's commitment to investor communication.
- Company Background: Founded in 2007, The Oncology Institute is dedicated to delivering value-based cancer care in community settings, serving approximately 1.9 million patients with over 180 clinicians and 100 clinics, showcasing its expertise and impact in the oncology field.
See More
Topicus, Lumine, and Constellation Shareholder Meetings Scheduled
- Meeting Schedule: The annual shareholder meetings for Topicus, Lumine Group, and Constellation Software are set for May 15, 2026, at 8:00, 8:15, and 8:30 AM respectively, utilizing a hybrid format to accommodate both in-person and virtual attendance.
- Registration Requirement: Attendees are required to register online by May 8, 2026, to assist in tracking in-person attendance, ensuring smooth proceedings, with registration links available on each company's website.
- Q&A Session: A joint Q&A session will follow the meetings at 9:00 AM, allowing shareholders to participate either in person or virtually, with the option to submit questions in advance to enhance engagement.
- Technical Support: Shareholders must ensure they have internet-connected devices to participate in virtual meetings, with detailed participation instructions and proxy appointment guidelines provided on the respective company websites to facilitate smooth attendance.
See More
The Oncology Institute to Participate in Healthcare Conference
- Executive Participation: The Oncology Institute's CEO Daniel Virnich and CFO Rob Carter will participate in the 25th Annual Needham Healthcare Conference on April 15, 2026, showcasing the company's leadership in oncology care.
- Virtual Conference Format: The event will be held virtually, featuring a fireside chat at 3:45 p.m. ET, aimed at sharing the company's latest developments and strategic insights with investors.
- Investor Relations Access: A webcast link will be available on the company's Investor Relations website, ensuring that investors can access the conference content in real-time, enhancing transparency and engagement.
- Company Overview: Founded in 2007, The Oncology Institute provides value-based cancer care to approximately 1.9 million patients, employing over 180 clinicians and operating more than 100 clinics, demonstrating significant market influence.
See More
Topicus Submits Revised Proposal to Acquire ReadyTech
- Acquisition Proposal Overview: Topicus.com Inc., through its subsidiary TSS Europe B.V., has submitted a revised acquisition proposal to acquire ReadyTech Holdings at a cash consideration of $2.00 per share or via an off-market bid at $1.75 per share, indicating a strong intent to acquire ReadyTech.
- Premium Analysis: The proposed cash consideration of $2.00 per share represents a 49.3% premium over ReadyTech's closing price of $1.34 on May 29, 2026, and exceeds both the one-month and three-month VWAP, suggesting an attractive valuation that may elicit a positive response from shareholders.
- Proposal Conditions: This non-binding proposal is subject to several conditions, including satisfactory due diligence by TSS, a positive recommendation from ReadyTech's Board, and necessary regulatory approvals, reflecting Topicus's cautious approach to the acquisition process.
- Strategic Intent: Topicus aims to provide ReadyTech shareholders with better liquidity options through this acquisition and is committed to collaborating with ReadyTech's Board to advance the proposal, thereby strengthening its position in the software market.
See More
Topicus, Lumine, and Constellation Shareholder Meeting Schedule Announced
- Shareholder Meeting Schedule: The annual general meetings for Topicus.com, Lumine Group, and Constellation Software are set for May 15, 2026, starting at 8:00, 8:15, and 8:30 AM respectively, utilizing a hybrid format to facilitate both in-person and virtual attendance by shareholders.
- Management Presentation Updates: Presentations will commence at 8:45 AM, featuring an update from Constellation Software President Mark Miller on artificial intelligence, aimed at enhancing shareholder understanding and confidence in the company's future technological developments.
- Venue and Participation Options: All meetings will take place at the Delta Hotel in Toronto, allowing shareholders to attend in person or via live webcast, ensuring broad participation and interaction among shareholders.
- Commitment to Transparency: All meeting details remain unchanged from the April 10, 2026 announcement, reflecting the companies' commitment to transparency and communication with shareholders, thereby strengthening trust in corporate governance.
See More
The Oncology Institute Q1 2026 Earnings Call Highlights
- Strong Financial Performance: In Q1 2026, The Oncology Institute (TOI) reported total revenue of $147.4 million, reflecting a 41% year-over-year growth, which underscores the company's ongoing expansion in value-based contracts and ancillary services, particularly in its pharmacy business, thereby solidifying its market position.
- Upgraded Cash Flow Projections: Management has raised its free cash flow expectations for 2026 to a range of $5 million to $15 million, indicating successful negotiations with key suppliers, which enhances the company's financial flexibility and capacity for future investments.
- Profitability in Florida Market: TOI has achieved profitability in Florida, with plans to cover approximately 200,000 Medicare Advantage members across 25 counties by Q3, marking a successful expansion and penetration in this critical market.
- Adjusted EBITDA Guidance: The CFO reiterated the adjusted EBITDA outlook for 2026 at $0 to $9 million, acknowledging potential seasonal challenges in Q2, yet maintaining an optimistic overall outlook that reflects the company's confidence in future growth.
See More
The Oncology Institute to Release Q1 2026 Financial Results
- Earnings Release Schedule: The Oncology Institute plans to announce its Q1 2026 financial results on May 7, 2026, followed by a conference call at 5:30 PM (Eastern Time), aimed at providing investors with the latest financial status and business developments.
- Conference Call Access: Investors can join the call by dialing 1-800-225-9448 (U.S.) or 1-203-518-9708 (international), with a replay available two hours post-call until May 21, 2026, ensuring timely access to critical information for stakeholders.
- Webcast Option: In addition to the phone call, investors can listen to a simultaneous webcast of the conference call via the Investor Relations section of the company’s website, enhancing information accessibility and transparency, reflecting the company's commitment to investor communication.
- Company Background: Founded in 2007, The Oncology Institute is dedicated to delivering value-based cancer care in community settings, serving approximately 1.9 million patients with over 180 clinicians and 100 clinics, showcasing its expertise and impact in the oncology field.
See More
Topicus, Lumine, and Constellation Shareholder Meetings Scheduled
- Meeting Schedule: The annual shareholder meetings for Topicus, Lumine Group, and Constellation Software are set for May 15, 2026, at 8:00, 8:15, and 8:30 AM respectively, utilizing a hybrid format to accommodate both in-person and virtual attendance.
- Registration Requirement: Attendees are required to register online by May 8, 2026, to assist in tracking in-person attendance, ensuring smooth proceedings, with registration links available on each company's website.
- Q&A Session: A joint Q&A session will follow the meetings at 9:00 AM, allowing shareholders to participate either in person or virtually, with the option to submit questions in advance to enhance engagement.
- Technical Support: Shareholders must ensure they have internet-connected devices to participate in virtual meetings, with detailed participation instructions and proxy appointment guidelines provided on the respective company websites to facilitate smooth attendance.
See More
The Oncology Institute to Participate in Healthcare Conference
- Executive Participation: The Oncology Institute's CEO Daniel Virnich and CFO Rob Carter will participate in the 25th Annual Needham Healthcare Conference on April 15, 2026, showcasing the company's leadership in oncology care.
- Virtual Conference Format: The event will be held virtually, featuring a fireside chat at 3:45 p.m. ET, aimed at sharing the company's latest developments and strategic insights with investors.
- Investor Relations Access: A webcast link will be available on the company's Investor Relations website, ensuring that investors can access the conference content in real-time, enhancing transparency and engagement.
- Company Overview: Founded in 2007, The Oncology Institute provides value-based cancer care to approximately 1.9 million patients, employing over 180 clinicians and operating more than 100 clinics, demonstrating significant market influence.
See More
