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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I currently have no position but am interested in the common stock and preferred stock although it is unlikely I will establish a long position within the next few weeks.

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This article was written by

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Operator

Good day, and thank you for standing by. Welcome to the Alarm.com First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Matthew Zartman. Please go ahead.

Matthew Zartman
Vice President of Strategic Communications & Investor Relations

Thank you. Good afternoon, everyone, and welcome to Alarm.com’s First Quarter 2026 Earnings Conference Call. Please note that this call is being recorded. Joining us today are Steve Trundle, our CEO; and Kevin Bradley, our CFO.

During today’s call, we will be making forward-looking statements, which are predictions, projections, estimates and other statements about future events. These statements are based on current expectations and assumptions that are subject to and uncertainties that may cause actual results to differ materially from our current expectations. We refer you to the risk factors discussed in our Form 8-K and the associated press release, which were filed with the SEC earlier today. The call is subject to these risk factors, and we encourage you to review them.

Alarm.com assumes no obligation to update forward-looking statements or other information that speak as of their respective dates. In addition, several non-GAAP financial measures will be discussed on the call. A reconciliation of GAAP to non-GAAP measures can be found in today’s press release on our

The Nifty ended sharply lower on Friday amid a host of negative triggers, including fresh escalation between the US and Iran, rupee depreciation, and significant selling in the financial stocks. The index has slipped back below the 50 EMA after briefly staying above it, indicating renewed weakness in sentiment.

Rupak De, Senior Technical Analyst at LKP Securities, said the mood has further deteriorated as the index also moved below the 50-day EMA on the intraday timeframe. In addition, the RSI has re-entered a bearish crossover on the daily chart, reflecting weakening momentum, he said.

“Overall, the sentiment appears weak, with heavy call writing visible around the 24,200 strike. If the Nifty sustains below 24,200 on Monday, the index could witness further correction towards the 24,050–24,000 zone. On the other hand, a move back above 24,200 may trigger a near-term recovery rally towards 24,350–24,400,” De said.

Here are the 2 stocks to buy:

Buy Coforge at Rs 1,368 | Upside: 7% | Stop Loss: Rs 1,320 | Target: Rs 1,420-1,460

Coforge Limited has witnessed a strong rebound from lower levels and recently given a breakout above the crucial Rs 1,330–1,350 resistance zone, supported by strong volumes. The stock is trading above short-term EMAs, while RSI has moved above 65, indicating improving bullish momentum. The breakout also signals a possible trend reversal after a prolonged corrective phase. A buy at CMP (Rs 1,365–1,370) can be considered with a stop loss near Rs 1,320. On the upside, the stock may head towards Rs 1,420–1,460 in the near term. Sustaining above Rs 1,330 will be important for the continuation of the positive momentum.

(Virat Jagad, Sr. Technical Research Analyst, at Bonanza Portfolio)

Buy NBCC (India) at Rs 101 | Upside: 7% | Stop Loss: Rs 97-98 | Target: Rs 104-108

NBCC (India) Limited is showing signs of a strong recovery after a prolonged correction, with the stock reclaiming all major EMAs and giving a breakout above the Rs 98–100 resistance zone. Rising volumes and RSI near 70 indicate strengthening bullish momentum. The stock has formed a higher high–higher low structure, suggesting continuation of the uptrend. A buy at CMP (Rs 100–101) can be considered with a stop loss near Rs 97–98. On the upside, the stock may head towards Rs 104–108 in the short term. Sustaining above the breakout zone of Rs 98 will remain crucial for maintaining the positive bias.
(Virat Jagad, Sr. Technical Research Analyst, at Bonanza Portfolio)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

CLEVELAND — KeyBank customers across the United States encountered significant disruptions Saturday as the regional bank’s online banking platform and mobile app experienced a widespread outage, preventing many from accessing accounts, making transfers or completing routine transactions on a busy weekend. While core branch and ATM services remained operational, the digital banking failure frustrated thousands of users who reported login errors, frozen screens and failed fund transfers throughout the day.

Downdetector and other outage tracking sites showed a sharp spike in user reports beginning early Saturday morning, with the majority of complaints centered on the mobile app and online banking portal. As of Saturday evening, many services had partially recovered, but intermittent issues persisted for some customers, according to real-time monitoring data. KeyBank has not issued a detailed public explanation but confirmed it is actively working to restore full functionality.

A KeyBank spokesperson said in a statement: “We are aware of the technical issues impacting our digital banking services and apologize for any inconvenience. Our teams are working urgently to resolve the matter and restore normal access as quickly as possible.” The bank encouraged customers to use branch locations, ATMs or the automated phone system for urgent needs during the disruption.

The outage comes at an inconvenient time for many customers, with Mother’s Day weekend shopping, bill payments and travel-related transactions peaking. Social media platforms filled with complaints, memes and expressions of frustration from users unable to check balances or send payments. Some reported being locked out entirely, while others could log in but faced delays or error messages when attempting transfers or deposits.

Scope of the Disruption

Reports indicate the problems primarily affected online banking and the mobile app, with users unable to view account balances, pay bills, transfer funds or deposit checks remotely. ATM and in-branch services continued without major interruptions, though some customers noted longer-than-usual wait times at branches as people sought alternatives to digital channels. International wire transfers and certain business banking features were also impacted for a period.

KeyBank serves millions of customers primarily in the Northeast and Midwest, with a strong presence in Ohio, New York, Pennsylvania and other states. The outage appeared nationwide rather than regionally concentrated, suggesting a central system or cloud-related issue rather than a localized problem.

This is not the first time KeyBank has faced digital banking challenges. Similar, though shorter, disruptions occurred earlier in 2026, prompting the bank to invest in infrastructure upgrades. Industry analysts suggest that rapid growth in digital banking usage, combined with increasing cybersecurity threats, has strained legacy systems at several regional banks.

Customer Impact and Frustration

Many customers took to social media to voice their dissatisfaction. “Been trying to pay my rent for two hours — KeyBank app is completely down,” one user posted. Others expressed concern about time-sensitive payments, including mortgages, utilities and payroll deposits. Small business owners reported particular difficulty managing cash flow during the outage.

KeyBank’s customer service lines experienced longer hold times as callers sought assistance. The bank activated additional support staff and encouraged use of its automated systems where possible. Some users reported success using the website via desktop browsers when the app remained unresponsive.

Financial experts advise customers facing urgent needs to visit a physical branch with proper identification or use alternative payment methods such as cash, checks or services from other institutions if available. Once systems are fully restored, users should review account activity carefully for any delayed transactions.

Possible Causes and Technical Context

While KeyBank has not confirmed the root cause, industry observers point to several common triggers for such outages: scheduled maintenance gone wrong, cloud service provider issues, cybersecurity incidents or unexpected spikes in traffic. The timing on a Saturday — typically a lower-volume day — suggests it may have been related to backend maintenance or a third-party service failure.

Regional banks like KeyBank often rely on a mix of in-house systems and external vendors for digital platforms, increasing vulnerability to cascading failures. The increasing sophistication of cyber threats has also forced banks to implement frequent updates and patches, sometimes leading to unintended disruptions.

The Consumer Financial Protection Bureau and state banking regulators monitor such incidents closely. While isolated outages are common in the industry, repeated or prolonged disruptions can trigger greater scrutiny and potential fines if customer harm is demonstrated.

KeyBank’s Response and Recovery Efforts

The bank has prioritized restoring mobile app functionality first, given its popularity among younger and on-the-go customers. Technical teams are conducting system-wide checks to prevent recurrence. Customers affected by delayed transactions or fees incurred due to the outage are encouraged to contact support for potential reimbursement once services normalize.

KeyBank has a history of transparent communication during technology issues and typically offers goodwill gestures such as waived fees for impacted customers. An official post-incident review is expected in the coming days.

Broader Implications for Digital Banking

This outage highlights the growing reliance on digital banking and the vulnerabilities that come with it. As more consumers shift away from branches, even brief disruptions can cause significant inconvenience. Banks across the country continue investing billions in cybersecurity, cloud infrastructure and redundant systems to minimize future risks.

For KeyBank specifically, the incident may accelerate plans for platform modernization. The bank has been expanding its digital offerings in recent years to compete with larger national players and fintech disruptors. Maintaining trust through reliable service remains critical in a competitive market.

Customers are advised to keep multiple access methods available — including desktop websites, mobile apps and phone banking — and to maintain up-to-date contact information with the bank. Setting up alerts for account activity can also help catch any delayed transactions quickly.

As services continue to recover Saturday evening, KeyBank urged patience and thanked customers for their understanding. Full restoration is expected within hours, though some residual delays in transaction processing may linger into Sunday.

The incident serves as a reminder of both the convenience and fragility of modern digital banking. While KeyBank works to resolve the current issues, customers and the broader industry will be watching closely to see how quickly and effectively the bank rebounds from this disruption.