Gimme Credit in the News

IDN Times

7 Jan 2026

Jay Cushing, senior bond analyst at Gimme Credit, added that the sector has long been known to be vulnerable to external shocks that are difficult to control. Cushing added that the industry is highly regulated and union-intensive, resulting in limited management flexibility and increased operational costs. In addition, airlines must continue to pour large funds into aircraft purchasesread more

Houston Business Journal

7 Jan 2026

TL Tsang, senior bond analyst at Gimme Credit, said in a note that Chevron could be interested in Lukoil’s 5% interest in Kazakhstan’s Tengiz oil field, where Chevron serves as the operator. Tsang said Chevron could have the capacity to spend up to $15 billion for its share of the assets without materially affecting its credit profileread more

Seeking Alpha

6 Jan 2026

The report, authored by Kim Noland, said Crown’s (CCK) recent performance has been supported by higher can usage across soft drinks, beer, and seltzers, particularly in Europe, where recycling considerations have reinforced aluminum’s appealread more

GO Banking Rates

2 Jan 2026

Jay Cushing, the senior bond analyst at Gimme Credit, acknowledged that investing in the airline industry has long been considered a risky proposition. “Over the years, airlines have been repeatedly hit with a wide range of uncontrollable external shocks that have made the sector especially difficult for investors to navigate,” he explained. Cushing shared that oil price spikes can quickly hurtread more

Forbes

31 Dec 2025

Jodi Lin Gresham, Chief Communications Officer at Gimme Credit, framed recovery as a duty, not indulgence. “Those who rely on you need you at your best. Recovery is not optionalread more

Techstock2

27 Dec 2025

Credit analysts cited by Reuters also framed the bond volatility as pressure rather than panic—Gimme Credit’s Stu Novick pointed to “selling pressure,” while Chilton Trust’s Tim Horan suggested it looked more like a “bump in the road” than a systemic breakread more

Barron's

24 Dec 2025

“What Paramount needs is scale,” Gimme Credit analyst Dave Novosel told Barron’s. “They’re never going to be the size of a Netflix, a Prime Video, a Disney, on their own.” Wall Street is watching closely to see how this all plays out. Netflix needs shareholder and regulatory approval to get Warner Bros., which won’t be easy. If that happens, Novosel says, Paramount will have to look for otherread more

Reuters

19 Dec 2025

"CCL's winning combination of affordable packages to popular destinations has withstood consumer health and economic uncertainty over the past few months," said Kim Noland, analyst with Gimme Creditread more

The New York Times

18 Dec 2025

The markets are overreacting, says Dave Novosel, a senior analyst at Gimme Credit, a ratings firm. Oracle’s business operation is profitable enough, he says, to cushion any blow from an A.I.-driven cash burn. “When you see negative free cash flow of $20 billion, that’s a cause for concern,” Novosel told DealBook. “That’s a red flag. And I saw the red flag, too. But as I analyzed it, I said, ‘Theyread more

Barron's

15 Dec 2025

Gimme Credit analyst Dave Novosel thinks some of that concern could be misplaced. “Management again emphasized that virtually all of the spending is going toward equipment for the data centers, as opposed to land, buildings, or power,” he said in a note published Monday. “Furthermore, that equipment is purchased very late in the data center production cycle. As a result, the gap between spendingread more

MarketWatch

15 Dec 2025

Although analyst Dave Novosel of Gimme Credit is retaining his outperform rating on Oracle’s debt, he acknowledged in a Monday note that there is a “considerable amount of risk surrounding the future revenue garnered from today’s capital spending.” He estimated that Oracle could have negative free cash flow of $21 billion by the end of the fiscal year in May. However, Novosel is optimistic thatread more

Techstock2

14 Dec 2025

Barron’s reported that Gimme Credit downgraded Netflix’s debt to “Underperform,” warning that the acquisition could lift leverage to more than 4x EBITDA, above typical investment-grade comfort levels, even as the company generates substantial free cash flowread more

The New York Times

12 Dec 2025

“Netflix has been growing tremendously on its own and the price is huge,” Dave Novosel, a senior analyst at Gimme Credit said, expressing concern about the amount of debt Netflix is tacking on to pursue the deal. Mr. Novosel downgraded his recommendation on Netflix’s debt to underperformread more

Techstock2

10 Dec 2025

On the debt side, a Barron’s‑highlighted report from credit‑research firm Gimme Credit raised red flags Gimme Credit downgraded Netflix’s bonds to “Underperform”, warning that the higher leverage could put pressure on Netflix’s single‑A credit ratings at Moody’s and S&P, especially if a bidding war pushes the final price even higher. Given Gimme Credit’s warning that the Warner deal could pushread more

Reuters

10 Dec 2025

GIMME CREDIT FLAGS BIG DEBT RISKS IN NETFLIX'S WARNER BROS DISCOVERY DEALread more

Barron's

9 Dec 2025

The bond-research company Gimme Credit lowered its recommendation on Netflix’s debt to Underperform. Netflix is stretching itself with its planned acquisition of Warner Bros. Discovery, analysts at Gimme Credit say. The independent corporate-bond research firm lowered its recommendation on the streaming platform’s debt to Underperform on Tuesday. “Considering that the company should produce freeread more

Business Insider

9 Dec 2025

Gimme Credit analyst Dave Novosel wrote that the acquisition’s immediate impact is “decidedly negative.” He also raised concerns about management’s priorities. Novosel noted that while the company should produce free cash flow of $9 billion per year or better, management said that while it will prioritize de-leveraging, it will “still pursue share repurchases.” The debt burden creates significantread more

AfroTech

9 Dec 2025

Dave Novosel, a senior bond analyst at Gimme Credit, noted that Netflix will assume nearly $11 billion in debt and pay a high EBITDA multiple of over 25 times, per Fortune. According to the outlet, Barclays analysts also remarked on the size of the investment, saying they were surprised Netflix would spend more than $80 billion — and pay a premium — for an industry it had already disrupted. Theyread more

Bangkok Biz News

8 Dec 2025

While it opens new waters for Netflix , Dave Novosel, senior debt analyst at Gimme Credit, said the deal is also "pricey," with Netflix having to assume nearly $11 billion of Warner Bros. debt. "Despite the significant amount of valuable content at Warner Bros., Netflix is paying an EBITDA multiple of over 25, which is prohibitively expensive," Novosel said, adding that if Netflix can achieveread more

Cincinnati Business Courier

8 Dec 2025

“The implication is that every center Kroger decides to close will result in similar cash payouts,” Carol Levenson, director of research at Tarrytown, N.Y.-based bond analysis firm Gimme Credit, wrote in a research report. “This takes some of the blush off the $400 million improvement in e-commerce profitability in 2026 promised from the evolved hybrid fulfillment model (i.e., swinging from lossread more

Globes Israel

7 Dec 2025

Dave Novosel, a senior analyst at Gimme Credit, told Fortune that the deal seemed expensive to him, especially considering that Netflix is now taking on nearly $11 billion in debtread more

Barron's

5 Dec 2025

Gimme Credit Senior Bond Analyst Dave Novosel said Netflix faces “ample competition not only from other streamers but other sources of content such as TikTok, X, Instagram, etcread more

Fortune

5 Dec 2025

In a statement emailed to Fortune, Dave Novosel, a Gimme Credit senior bond analyst, said the deal looks expensive to him as well, with Netflix assuming nearly $11 billion of debt. “While the WBD assets bring an amazing amount of attractive content, NFLX is paying a steep Ebitda multiple of more than 25x, which seems extravagant,” Novosel wrote. Once it reaches the advertised synergies, he addedread more

International Financing Review

5 Dec 2025

“The huge amount of debt that Netflix will need to raise to fund the deal will take leverage to well more than 4x initially,” said Dave Novosel, a senior US investment-grade analyst at Gimme Credit. “Synergies and Ebitda growth should shave that figure over time, although the timeframe is uncertain so investors may need to be patientread more

The Daily Overview

4 Dec 2025

Analyst Dave Novosel at Gimme Credit has flagged the company’s long‑dated borrowings as “unusual” for a technology company, arguing that these long maturities lock Oracle into a capital structure that could become a burden if the AI cycle turns, a concern that has helped fuel the view that Oracle might be the riskiest AI stock in the current marketread more

The Motley Fool

30 Nov 2025

Analyst Dave Novosel at Gimme Credit called the long maturities "unusual" for a technology company, since the tech industry changes so rapidlyread more

Barron's

26 Nov 2025

The company will likely generate $93 billion in free cash flow this year, according to Gimme Credit’s Dave Novosel, with a comfortable enough cushion on its balance sheet to buy back $50 billion in stock if it wanted toread more

Investors Hangout

24 Nov 2025

As the era of penny production concludes in the U.S., there's a considerable shift in focus towards the copper sector. Experts from Gimme Credit have announced that the copper industry is entering a crucial phase, characterized by a surge in demand and tightening supply. This evolving landscape presents unique opportunities for investors attuned to the shifting economic backdropread more

Reuters

14 Nov 2025

"There's definitely some selling pressure," said Stu Novick, tech sector credit analyst at corporate bond research firm Gimme Credit. "The numbers are enormous (and) a lot of people are asking how they are actually making money on this stuffread more

Bloomberg

14 Nov 2025

“Airlines will look to mitigate the negative revenue impact from the flight cancellations by cutting their least profitable routes first,” said Jay Cushing, an analyst at Gimme Credit. “But we expect air traffic controller staffing shortages, which were a problem before the shutdown, to remain a bottleneckread more

Barron's

7 Nov 2025

That’s going to pressure profit margins, and cash flows as well, into the coming year, although Gimme Credit analyst Dave Novosel notes that the group’s overall leverage remains low and its 2026 share buybacks shouldn’t be affectedread more

Investor's Business Daily

6 Nov 2025

According to the proxy statement, Pfizer and six other major pharmaceutical firms were involved in early discussions with Metsera. The first nonbinding proposal was in January at $21.13 per share, Gimme Credit's Director of Research Carol Levenson said in a reportread more

MarketWatch

6 Nov 2025

Gimme Credit’s Novosel added that the 50-year maturities are striking for a technology company because it’s a “stretch” to bet on what tech will be relevant decades down the line. While the long duration surprised him, he thinks Alphabet’s management must have sensed “enough investor demand.” At the same time, Novosel said that with companies like Oracle, Meta and Alphabet issuing so much newread more

Global Economy

5 Nov 2025

Experts believe that rather than being risky, SPVs should be wary of low transparency and low liquidity. Dave Novosel, senior analyst at corporate research agency Gimme Credit, said, "The use of SPVs can be seen as a technical response to accommodate the capital market because the amount of debt is so largeread more

Barron's

3 Nov 2025

Dave Novosel, senior analyst at Gimme Credit, thinks the use of SPVs is likely more a reflection of the market having to cope with a big increase in new debt than concern over the health of big-tech balance sheets. “The hyperscalers and other huge issuers of debt have incredibly strong credit profiles and therefore can easily borrow in the capital markets,” he told Barron’s. Using an SPV, heread more

Cailianpress

3 Nov 2025

Currently, regarding the trend of tech giants increasingly using SPVs for financing, Gimme Credit senior analyst Dave Novosel believes that the use of SPVs is more of a strategy to cope with the surge in new debt, rather than a concern about the health of tech giants' balance sheets. He explained that using a SPV not only achieves debt separation but also isolates the risks of specific projectsread more

Barron's

3 Nov 2025

Dave Novosel, senior analyst at Gimme Credit, thinks the use of SPVs is likely more a reflection of the market having to cope with a big increase in new debt than concern over the health of big-tech balance sheets. “The hyperscalers and other huge issuers of debt have incredibly strong credit profiles and therefore can easily borrow in the capital markets,” he told Barron’s. Using an SPV, heread more

MarketWatch

30 Oct 2025

"To place the financial damage in perspective, note that Amazon ended the second quarter with $58 billion in cash, and in the last twelve months generated $76 billion in operating income," Gimme Credit analyst Carol Levenson wrote earlier this monthread more

Cincinnati Business Courier

29 Oct 2025

P&G didn’t provide context for how often its share declines. But Carol Levenson, director of research at Tarrytown, N.Y.-based bond analysis firm Gimme Credit, wrote in a report, “For the first time in years, P&G lost substantial global value market shareread more

GO Banking Rates

28 Oct 2025

Other experts are eyeing Apple’s growth. “Despite murmurings of early success for the new iPhone models, consensus estimates call for top-line growth of roughly 4% for the iPhone segment in fiscal 2026,” said Dave Novosel, CFA, a senior bond analyst for Gimme Credit. “That would be lower than the pace likely to be registered for fiscal 2025, which ends this month.” Novosel also noted that theread more

Barron's

23 Oct 2025

“The new initiatives eliminate key points of differentiation from competitors and risk alienating a segment of the traditional customer base,” Gimme Credit analyst Jay Cushing wrote in a note earlier this month. “But with a structural shift higher in costs (primarily labor) and changing consumer preferences for premium products, Southwest is under pressure to add these incremental revenueread more

Barron's

22 Oct 2025

“The new initiatives eliminate key points of differentiation from competitors and risk alienating a segment of the traditional customer base,” Gimme Credit analyst Jay Cushing wrote in a note earlier this month. “But with a structural shift higher in costs (primarily labor) and changing consumer preferences for premium products, Southwest is under pressure to add these incremental revenueread more

Reuters

20 Oct 2025

"ICE's third-quarter energy futures and options activity has been weaker than in recent quarters with oil price volatility (Brent contract) falling towards its lowest levels in 18 months," said Gimme Credit analyst Jay Cushingread more

Forbes

18 Oct 2025

“I expect American to echo Delta and United talking points, leaning on premium, corporate and international resilience to help offset weaker domestic main cabin demand,” said Jay Cushing, senior bond analyst for Gimme Credit, in an email. “American skews more heavily domestic (~70%) than DAL and UAL (~55%) so I expect them to highlight leverage to eventual domestic recovery,” Cushing said. “Iread more

Epoch Times

17 Oct 2025

Gimme Credit senior bond analyst Jay Cushing believes it’s too soon to tell whether the bankruptcies of Tricolor and First Brands are “canaries in a coal mine” or just idiosyncratic pockets of weakness in deep subprime or one-off cases of potential fraud. “In either case, these events are likely to lead to incrementally tighter lending standards that could have a cooling effect on creditread more

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