$CSQR

Bank of America initiated coverage of Csquare (CSQR) with a Buy rating and $46 price target, implying ~114% upside from its IPO price of $21.52. The bank cited strong demand for data centers, Csquare's competitive advantages, and growth potential. Other analysts set lower targets, averaging ~16% upside. Csquare reported Q2 revenue growth of 14.5% but a net loss of $48.8M due to debt and IPO costs. The company operates 62 data centers and plans expansion. Investors should monitor bookings, debt l

Morgan Stanley downgraded Apple (AAPL) to Underperform, citing supply-chain checks that Apple cancelled a 20th anniversary all-glass iPhone model; price target cut to $263.66 from $285.56. It upgraded HPE to Overweight, PT $69 (from $71), and NetApp to Equal Weight, PT $173 (from $137). Other analyst actions included upgrades to Qualcomm, SanDisk, Dick’s Sporting, and Everpure, plus downgrades to Teradata, Akamai, Doximity, and Spectrum Brands.

Csquare, Inc. (CSQR) reported Q2 2026 revenue of $280.4M, up 15% from $244.8M a year earlier. The company posted a net loss of $48.8M and diluted EPS of $(0.47), both wider than the prior year. Bookings rose 31% sequentially and 38% YTD, with contracted capacity up 9%.

Csquare (CSQR) IPOed on NYSE July 16 at $21, selling 50M shares below the $23 to $27 range. After listing, shares rose about 2%. Bank of America initiated coverage with a buy and $46 price target. Q2 earnings rose to 47 cents, revenue $280.4M, up 15%, with $64.7M bookings. Multiple analysts set targets from $24 to $28.

Analyst actions on Monday included Bank of America reiterating Nvidia as Buy ahead of earnings, with ~16x CY27 forward P/E. Loop raised FirstCash Holdings to Buy, PT $255, and cut Domino’s to Hold, PT $353. UBS reiterated Micron Buy, PT $1,625. Jefferies downgraded Apple to underperform. Citi reiterated SpaceX Buy, PT $200. Bernstein raised Microsoft PT to $660.

Csquare, Inc. (CSQR) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Csquare Reports Record Second Quarter 2026 Results Revenue Increased 14.5% Year-Over-Year, Record Bookings of $64.7 Million, Net Loss of $48.8 Million Reflects Pre-IPO Capital Structure, and Adjusted EBITDA Grew 21% to $120.3M Second Quarter Highlights • Successfully

Csquare, Inc. (CSQR) said underwriters exercised a 7,499,000-share overallotment at $21.00 per share, closing July 29, 2026. The exercise added about $149.6 million in net proceeds, bringing total IPO net proceeds to about $1.1596 billion after underwriting discounts and estimated expenses, according to an SEC filing.

Csquare, Inc. (CSQR) priced its NYSE IPO at $21 per share on July 15, 2026, raising about $1.05B in gross proceeds after marketing shares at $23 to $27. The company operates 64 data center sites, with 389 MW sellable capacity as of Mar. 31, 2026, and reported about $1.02B trailing revenue, 16% YoY Q1 2026 growth, and a $150.94M trailing net loss.

Reuters reports Brookfield-backed data center provider Csquare debuted on the NYSE after pricing its IPO at $21 per share, below the marketed $23 to $27 range. Shares opened at $20.9 and closed at $20.67, valuing the company at $3.2 billion. The article cites investor caution over valuation, leverage, and ongoing losses.

Csquare, Inc. (CSQR) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 tm264837d22_ex10-1.htm EXHIBIT 10.1 Exhibit 10.1 REGISTRATION RIGHTS AGREEMENT among CSQUARE, INC. AND THE HOLDERS PARTY HERETO DATED July 17, 2026 TABLE OF CONTENTS Page ARTICLE I DEFINITIONS 1 Section 1.1 Definitions 1 ARTICLE II DEMAND AND SHELF REGISTRATION 5 Sectio