Report published May 12, 2026
The SMID Point: Citi Weekly Research Roundup - May 12, 2026
Citi · May 12, 2026
The report provides a roundup of SMID-cap companies, highlighting cost-saving successes in the auto dealer sector and significant headwinds in the software sector due to AI-related demand shifts. It also flags a decline in the US personal savings rate to 2022 lows.
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Finvaulta summarizes Citi's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.Group 1 Automotive (GPI) and Sonic Automotive (SAH) are utilizing cost reductions and share repurchases to maintain profitability despite industry headwinds.
- 2.ZoomInfo (GTM) has significantly cut its guidance due to a 'near-paralyzed' software buying environment and AI decision fatigue among customers.
- 3.Monday.com (MNDY) is seeing solid enterprise momentum with AI contributing roughly 10% of net new annual recurring revenue.
Table of Contents
- Company
- Group 1 Automotive (GPI.N) - Cost Actions Provide a Quick Response
- Monday. Com Ltd (MNDY.O) - 1Q26 Recap: Enterprise Momentum and Early AI Contribution
- Sonic Automotive (SAH.N) - Price Target Increased
- ZoomInfo Technologies (GTM.O) - Another Reset As SMB + AI Budgetary Weakness Hit
- Industry
- US Airlines - Chart of the Day: Premium Product Likely to Continue to Drive Supermajor Outperformance
- US Retailing – Broadlines and Hardlines – Two Charts – for – Tuesday: Consumers Are Saving Like it’s 2022
- Appendix A-1
Report data
Monthly Personal Savings Rate (Mar. '21 – Mar. '26)
| Metric | Estimate | Context |
|---|---|---|
| Annual Cost Reduction | 50 million USD | Group 1 Automotive actions to improve US profitability. |
| AI Contribution to Net New ARR | 10% | AI contribution to Monday.com's growth. |
| Personal Savings Rate | 3.6% | Percentage of disposable personal income saved by US consumers. |
Reports in this series
The SMID Point is shown in chronological order through this edition, published on May 12, 2026.
Part of the The SMID Point series — view all 7 editions
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