Release Notes

This is a major update across GNG Research. We expanded the GNG AI Analyst throughout the platform, added major new capabilities to Advanced Charting, improved article and alert workflows, and shipped a wide range of account, support, Investing Club, mobile, and reliability improvements.

A large portion of this release also comes directly from member feedback, including better portfolio controls in AI chats, more realistic fair-value calculations, improved support emails, expanded author alerts, and numerous bug fixes.

GNG AI ANALYST

• AI Analyst access is now built into stock pages, articles, Advanced Charting, and all major tools and screeners.

• Added Summarize Article. The AI Analyst can now read and summarize the full text of any article you have access to.

• You can now choose which portfolios the AI Analyst can use in each conversation directly from the chat box.

• Improved portfolio controls so a portfolio you exclude from a conversation is not automatically brought back into the chat or treated as part of your holdings.

• Improved the reliability of research agents during longer-running tasks.

• Added light-mode support for Deep Research reports.

• Improved printing for AI chats and research reports.

• Members affected by the September research-agent errors have received credit refunds.

ADVANCED CHARTING

• Added a new company snapshot header showing key information at a glance, including the GNG Rating, Wall Street rating and price target, and Vulcan signal.

• Added a new fiscal-year view with consensus estimates, dividends, annual highs and lows, projected growth, and recession shading.

• Added one-click projections. Click a line on the chart to see the projected return from today's price.

• Improved Formula Fair Value so the fair-value multiple now adjusts based on each company's growth profile, ranging from 8.5x up to 30x.

• You can also adjust the valuation multiples yourself for more customized analysis.

• Improved fair-value calculations for companies where the previous methodology could produce unusually high valuation multiples.

• Added a new camera menu for downloading, copying, or sharing chart images and links.

Explore Advanced Charting: https://www.gngresearch.com/charting/?metric=eps

ARTICLES & ALERTS

• Redesigned new-article emails with a concise bulleted summary.

• Article alerts are now sent only for articles you have access to.

• Signing in from an article paywall now returns you directly to the article you were viewing.

• Follow Authors now includes every published author, including Main Street Alpha contributors, so you can choose exactly whose new research you want to hear about.

• Fixed an issue that could prevent some new-article emails from being sent during busy periods.

• Fixed the notification-settings link in new-article emails.

• Emails from GNG now display "GNG Research" as the sender instead of "notifications."

MODEL PORTFOLIO ALERTS

• Zeus model portfolio followers with alerts enabled now receive an email after each trading session showing the portfolio's buys and sells.

• Fixed model portfolio alert subscriptions so users can once again subscribe normally.

ACCOUNT & LOGIN

• Simplified password resets. Reset emails now include both a 6-digit code and a reset button, and either method can be used.

• Expired or invalid password-reset links now display a clearer message.

• Fixed the Create Account button in the upgrade window so it now opens the sign-up process instead of the login screen.

SUPPORT

• Support conversations now show your original request above each reply, making it easier to follow the full context of a support case.

• Support reply emails now include both your original request and the conversation history.

INVESTING CLUBS

• Investing Club Top Picks now include closed positions and their historical performance versus the S&P 500.

• Fixed date display issues that could cause Top Picks dates to appear one day off.

• Improved return calculations when a Top Pick is closed, reopened, or re-dated.

DOCUMENTATION & HELP

• Added new help guides covering AI Workflows, Advanced Charting, and Investing Clubs.

Documentation: https://docs.gngresearch.com

MOBILE & PLATFORM IMPROVEMENTS

• Improved mobile layouts across the platform.

• Improved historical data presentation for companies that went public through a SPAC.

• Fixed an issue where a page left open during a site update could occasionally show an error screen. The page now refreshes itself automatically.

• Fixed various additional bugs and made further reliability, usability, and performance improvements across the platform.

GNG RESEARCH ON X

• GNG Research is active on X again, with regular market updates, new research, and product-related content.

Try the new Advanced Charting

This week brings significant improvements to the GNG AI Analyst, including the release of GNG Analyst V1.1, more reliable AI sessions, better handling of agent errors, automatic credit refunds for failed operations, and new charting capabilities directly within the AI Console.

We also made light mode the default theme (new users only), improved mobile access to our iOS app, added new Advanced Charting functionality, and fixed several issues affecting Investing Clubs, portfolio performance, and AI-generated reports.

If you haven't tried the new and improved light theme, then give it a try. Change under your profile settings.

GNG AI ANALYST & AI CONSOLE

• Released GNG Analyst V1.1, delivering significant performance improvements and greater efficiency.

• Improved AI session streaming and reconnection. Sessions now properly reconnect when refreshing your browser or switching between devices, eliminating the blank or empty response box that could previously appear.

• Released a series of fixes to the AI War Room, improving agent reliability, execution, and error handling.

• Removed the previous six-minute timeout for long-running AI agents, allowing more complex research tasks to continue without being prematurely interrupted.

• Improved automatic credit refunds when AI agents encounter errors or fail to complete their work. We have also issued refunds for previously affected sessions. If you experienced a failed AI operation and believe your credits were not refunded, please contact support.

• Improved credit management when an AI operation approaches your available credit balance. The system can now transition to a more economical model to help complete the task rather than stopping abruptly.

• Added the ability to view individual agent reports, providing more visibility into what your AI agents researched and communicated during an analysis.

• Added charting capabilities directly within the AI Console. You can now ask the AI to display financial charts using natural language, such as "Show me an EPS chart for Apple." Charts can also be opened in Advanced Charting for a more detailed view.

• Improved overall AI reliability and fixed various additional issues affecting agent execution and research workflows.

TIP: The AI Console also supports running multiple research agents in parallel. When appropriate, you can structure your prompts to have the AI investigate different aspects of a company simultaneously. Just ask it to run in parallel!

ADVANCED CHARTING

• Added the traditional PEG (Price/Earnings-to-Growth) ratio as an additional valuation metric, complementing the previously available PEGY functionality.

• Improved forecasting and projection functionality, resolving errors that could prevent projections from running. This functionality remains in beta as we continue refining the experience.

Explore Advanced Charting: https://www.gngresearch.com/charting/?metric=eps

WEBSITE & MOBILE EXPERIENCE

• Light mode is now the default theme for GNG Research new users. Dark mode remains available for new users who prefer it.

• Improved the mobile website with an app download icon. If you already have the GNG Research iOS app installed, the icon can recognize this and open the app directly.

PORTFOLIOS & REPORTING

• Fixed a reported issue affecting portfolio performance tracking.

• Improved the reliability of AI-generated research reports and agent execution.

ADDITIONAL IMPROVEMENTS

• Fixed various bugs and made additional stability and usability improvements across the platform.

GNG Advanced Charting

This week we opened Advanced Charting more broadly to subscription users, improved model portfolio accuracy and reporting, Ticker level AI Reports fixed a bug, added a new referral experience, and shipped several performance and usability improvements across articles, portfolio reporting, and chart navigation.

REFERRALS

• Added a new referral experience that gives registered users a personalized referral link from their profile.

• Referral activity can now be tracked directly within GNG Research, with rewards available when eligible new users sign up through your link. Free users get 2 weeks paid for every referral too!

• Additional referral details, limits, and reward information are available within the referral section of your profile.

ADVANCED CHARTING

• Advanced Charting is now available to paid users can get to it from the Tools menu or under any company ticker page clicking the advanced charting button.

https://www.gngresearch.com/charting/?metric=eps

• Added additional valuation metrics, including PEGY and EV/EBITDA-based analysis to advanced charting as well.

• Improved navigation from Advanced Charting back to the individual company page. Clicking the ticker symbol in the upper-left corner now returns you directly to that stock's company page.

• Continued refining Advanced Charting calculations and fixing reported fair-value issues.

MODEL PORTFOLIOS

• Updated the Zeus model portfolio with current holdings and transactions.

• Improved the portfolio update process so holdings remain current and are refreshed automatically from the underlying brokerage data.

• Improved performance timing and reporting within model portfolio tables.

AI & PORTFOLIO REPORTING

• Fixed issues that could cause portfolio AI reports to display stale pricing information.

• Reports now more clearly identify pricing as of the market close.

• Improved report validation so outdated or failed reports are not left available as if they were current.

• Added additional monitoring and safeguards around report generation.

ARTICLES & PERFORMANCE

• Improved how articles render and load, resulting in faster article page performance.

ADDITIONAL IMPROVEMENTS

• Fixed various bugs and made additional usability, reliability, and performance improvements across the platform.

Advanced Charting

This is our first release of the GNG Research iPhone and iPad app, giving you a faster and easier way to access your research, stocks, portfolios, articles, and GNG tools wherever you are.

Designed to work on phone or tablet. We hope you enjoy!

This is only the beginning for the mobile app. We’ll continue improving it, adding features, and making the experience better with each release.

If you’re already a GNG Research member, download the app and sign in with your existing account.

📱 Download GNG Research for iPhone: https://apps.apple.com/us/app/gng-research/id6782202680

And if you have feedback after trying it, send it our way. We’d love to hear what you think.

Please use support ticket for bugs or chat with us in Rocket Chat (Pro members only).

GNG Research iOS App Store link

We continued shipping improvements across GNG Research this week, including faster and more accurate stock search, passkey login support, brokerage connection improvements, Firefox fixes for the Research Terminal, additional AI file support, and several usability and data-quality updates across articles, Advanced Charting, options, and Rocket.Chat.

ARTICLE COMMENTS

• Article comments now treat the Enter key as a new line instead of immediately posting the comment.

• Comments, replies, and mobile commenting now use the Post Comment button to submit, helping prevent comments from being posted accidentally in the middle of a sentence.

• This change was made based on member feedback.

• Reduced image sizes on the article list page and navigation bar to improve page-load efficiency.

STOCK SEARCH

• Stock search now consistently displays current company names.

• Renamed companies are automatically updated in search results. For example, NXT now correctly displays Nextpower instead of its former Nextracker name.

• Hundreds of tickers that previously displayed only their ticker symbol now also show the full company name.

• Stocks can now be found by searching their updated company name.

• Stock search performance has also been improved.

LOGIN & ACCOUNT ACCESS

• Added passkey support for web login, providing another secure and convenient way to access your GNG Research account.

• Brokerage connections now correctly display a Reconnect option when an account becomes disconnected.

RESEARCH TERMINAL

• Fixed Research Terminal issues affecting users on Firefox.

ADVANCED CHARTING

• Fixed the NVIDIA fair-value issue affecting Advanced Charting.

AI ANALYST & CHAT

• Added support for Markdown files in AI memory and chat.

• Improved options handling in preparation for broader broker connectivity.

ROCKETCHAT

• Updated Rocket.Chat.

ADDITIONAL IMPROVEMENTS

• Continued improving brokerage and portfolio connectivity and reliability across the platform.

• Fixed additional bugs and made further performance and usability improvements.

Interact with GNG Team and Users!

This was a large update across GNG Research. We added 50 new Research Terminal metrics, significantly expanded the data available to the AI Analyst, improved options, earnings, insider, screener and company-profile data quality, and released a substantial set of Portfolio Optimizer fixes and usability improvements.

We also added Sign in with Apple, improved article comment handling, expanded the number of transactions the AI can work with, and made the platform more resilient when third-party AI providers experience outages.

RESEARCH TERMINAL

• Added 50 new filterable, sortable and exportable Research Terminal metrics.

• All 50 metrics can be used in saved views and are integrated with the Research Terminal column system.

• Added six new metric categories: Quality Components Quant Factor Scores Analyst Coverage Options Positioning Consensus Revisions Risk and Relative Performance

• New Quality Components metrics: Moat Strength Growth Stability Interest Coverage Score

• New and expanded Valuation metrics: DCF Fair Value Multi-Stage DCF Fair Value Earnings Yield EV / EBIT

• New Growth metrics: FCF CAGR 5Y FCF CAGR 10Y Revenue Growth YoY (TTM) Rule of 40

• New Quant Factor metrics: Quant Percentile Quant Percentile (Sector) Quant Score (Sector) Quant Valuation Quant Growth Quant Profitability Quant Momentum Quant Revisions

• New Analyst Coverage metrics: Wall Street Percentile Analyst Count Buy Ratings Share

• New Options Positioning metrics: Put/Call OI Ratio IV Rank (1Y)

• New Consensus Revisions metrics: EPS Revisions Up (30D) EPS Revisions Down (30D) EPS Revision Breadth (30D) EPS Estimate Change (30D) EPS Estimate Change (90D) EPS Estimate Spread Revenue Estimate Spread

• New Risk and Relative Performance metrics: Beta (1Y) Correlation to S&P 500 (1Y) Sharpe Ratio (1Y) Sortino Ratio (1Y) Downside Deviation (1Y) Return vs S&P 500 (3M) Return vs S&P 500 (12M) Total Return CAGR 3Y Total Return CAGR 5Y Max Drawdown 3Y

• Additional new metrics: EBITDA Margin (TTM) Gross Margin Change YoY Operating Margin Change YoY Net Cash per Share Cash to Market Cap Years Without a Cut Last Dividend Cut Consecutive EPS Beats Last EPS Surprise

• Analyst Count is available to all registered users. The remaining newly added metrics are available to Pro users.

AI ANALYST & DATA IMPROVEMENTS

• Expanded Research Terminal access within the AI Analyst by adding 31 previously unavailable fields, including forward estimates, return paths, government-contract exposure and long-term composite metrics. AI coverage now includes 354 of 376 Research Terminal fields, with the remaining exclusions intentional.

• Improved AI transaction handling so the AI can work with up to 200 transactions.

• Improved Options Chain results. Expired contracts are now excluded by default, and results begin with strikes closest to the current stock price rather than surfacing deep in-the-money contracts first.

• Improved Portfolio Options responses. The AI now reports how many holdings were scanned and provides a clearer explanation when a portfolio is empty or has not synced.

• Improved News & Sentiment analysis by reducing the impact of unrelated articles. News results now include relevance scoring and support a minimum relevance threshold.

• Fixed an inverted premium/discount calculation in Fair Value & Ratings that could incorrectly describe an overvalued stock as trading at a discount.

• Improved Piotroski Score explanations. The AI now more clearly describes the score as a year-over-year financial improvement checklist rather than suggesting that a low score indicates a data problem.

• Improved earnings data handling by clearly distinguishing adjusted EPS from GAAP EPS.

• Improved Insider Transactions analysis. Option exercises, grants and deferred shares are now distinguished from actual open-market purchases so compensation-related activity is not presented as an insider conviction buy.

• Improved Chat Search messaging for very recent conversations. The AI now explains when same-session messages may require a short period before becoming searchable.

• Fixed the unknown-ticker response.

• Fixed CCI and KST technical indicator calculations and recomputed affected indicator data.

• Corrected annual earnings records that were incorrectly using year-to-date totals. Approximately 9,000 affected rows were cleaned up, and additional ingest checks were added to prevent the issue from recurring.

• Fixed stale market-cap information in company profiles and added recurring nightly updates.

• Improved Screener data quality by cleaning up results involving inactive tickers, reused pricing data, incorrectly classified securities and fund records containing placeholder scores.

• Added additional safeguards to prevent inactive or dead tickers from being matched with incorrect or reused pricing data.

• Improved security classification so baby bonds and similar securities are not incorrectly treated as common stocks.

• Improved the Options Liquidity score so trading volume is properly incorporated alongside the other liquidity measurements.

• Improved platform handling when an underlying AI model provider experiences an outage or service interruption.

PORTFOLIO OPTIMIZER

• Entering a 0% maximum turnover limit now produces a clear explanation instead of a server error.

• Cash imported from connected accounts no longer counts toward the optimizer's minimum holding requirement.

• Build presets now properly maintain the required 10-ticker minimum when starting from current holdings.

• Count-based constraints now display as actual counts rather than percentages. For example, a maximum of two new positions now displays as "2" instead of "200%."

• Improved exit explanations when a turnover limit prevents the optimizer from completing an intended exit.

• Fixed and expanded the Portfolio Optimizer automated test suite.

• Fixed the timeout issue affecting CDaR optimization.

• Improved explanations for very wide, turnover-limited rebalances when individual buy orders are too small to appear in the trade list. The final allocation remains correctly reflected in the allocation table.

• Improved explanations when turnover constraints cause the optimizer to reopen a position that the initial optimization intended to exit.

ADDITIONAL PLATFORM UPDATES

• Sign in with Apple is now live.

• Fixed sector-level yield displays.

• Released the requested PEGY functionality.

• Improved article comments on the web. When a comment with replies is deleted, a placeholder now remains so the structure and context of the conversation are preserved.

• Fixed various additional bugs and made data-quality and reliability improvements across the platform.

Research Terminal Data Dictionary

This week we fixed sector-level yield displays, improved AI Analyst reliability when model providers experience outages, published a new beginner's guide to the AI Analyst, and shared more detail on how to interpret the forward estimates used across GNG Research. We also have several larger updates in development that we expect to begin rolling out next week.

Fixed sector-level yield displays so sector yield data is presented correctly across the platform.

• Improved how the GNG AI Analyst handles outages or service interruptions from underlying AI model providers, creating a more resilient experience when third-party models are temporarily unavailable.

• New to the GNG AI Analyst? We published a complete beginner's walkthrough explaining how to use the console to research companies and find stocks worth owning. The guide is free to all registered GNG Research users: https://www.gngresearch.com/articles/5ee0cd8c-2263-4494-80fc-8e9a1ce7d5a0/

• Why might GNG forward estimates differ from estimates shown on other investing platforms? Some of the estimate data available through GNG comes from crowdsourced consensus sources, which can incorporate forecasts from buy-side analysts, independent researchers, academics and individual investors rather than relying solely on traditional sell-side consensus. We posted a deeper explanation of why those estimates can differ and how to interpret the differences here: https://chat.gngresearch.com/channel/Ask-Glenn?msg=WSNrYgaKXQLjrxYK3

• Reminder: our customer survey is still open. If you haven't completed it yet, we'd appreciate a few minutes of your time. As a thank you, we'll add 100 AI credits to your account after you participate: https://www.gngresearch.com/surveys/

COMING NEXT

• Several larger product updates are already nearing completion on our development server. We expect to begin pushing those updates into production next week.

How I Use the GNG AI Analyst to Find Stocks Worth Owning: A Complete Beginner's Walkthrough

This week we launched new Sector pages, opened a new customer survey with AI credits for participants, improved the default stock chart experience on the web, and fixed various bugs across the platform.

• New Sector pages are now live, providing dedicated pages for exploring market sectors and related data. you can find this URL under the Screeners menu. https://www.gngresearch.com/sectors/

• We have a customer survey open now and would really appreciate your feedback. If you haven't taken it yet, please take a few minutes to complete it. As a thank you for your time, we'll add 100 AI credits to your account after you participate: https://www.gngresearch.com/surveys/

• Updated stock charts on the web to default to a one-year view, making it easier to see longer-term price performance when opening a company page.

• Fixed various bugs and made additional platform improvements. If you're still experiencing an issue, please report it through web support link or Rocket.Chat so our team can investigate.

Please take our survey if you have not

GNG just got a meaningful data upgrade. The schema expanded, adding deeper forward consensus estimates, federal contract exposure, earnings timing, modeled return fields, and REIT-specific valuation data.

Here’s what changed and why it matters.

The GNG dataset has expanded from **303 to 338 fields**, adding **35 net new fields**. Technically, 37 current headers were added while 2 legacy EPS headers were retired/replaced by `EPS (GAAP)` and `EPS (TTM)`.

The biggest additions are:

• 16 forward consensus growth fields covering EPS, revenue and dividend growth across 1Y/2Y/3Y, plus longer-term EBITDA, EBIT, net income, FCF, OCF, EPS and revenue growth.
• 4 consensus-confidence fields covering estimate horizon, analyst coverage and the best available long-term consensus growth metric.
• 7 federal-contract fields covering TTM obligations, YoY growth, obligations/revenue, top agency exposure, agency concentration, active awards and remaining contract term.
• 3 earnings-calendar fields for next earnings date, next EPS estimate and last earnings date.
• 4 justified-return fields covering 12-month, long-term and 5-year modeled returns plus the applicable forecast horizon.
• 1 REIT-specific valuation field for P/FFO Fair Value.

The main improvement is a much richer forward-looking dataset, especially around analyst growth expectations, federal contract exposure and earnings/event context.

One important interpretation note: federal obligations represent contract awards/bookings, not recognized GAAP revenue, so obligations/revenue should be treated as an exposure measure rather than literal government revenue mix.

See the new fields here!

This week we added new Research Terminal data fields, expanded company estimate data, added government contract information, fixed several bugs, and continued closed beta testing of Advanced Charting and the Portfolio Optimizer.

PUBLIC RELEASES

• Fixed several bugs and made additional platform improvements.

• Added new data fields to the Research Terminal, including additional estimates, growth, return, balance sheet and per-share metrics. View the latest available fields and definitions in our Data Dictionary: https://www.gngresearch.com/data-dictionary/

Additional Research Terminal documentation: https://docs.gngresearch.com/research-terminal/screening-columns-and-data

• Added government contract data to the Research Terminal and individual company pages. Government information on company pages will appear when data is available for that company.

• Expanded the Estimates section on individual company Earnings pages. You can now use the selector within the earnings chart to view different available estimate metrics for a company.

PRIVATE TESTING GROUP

• Advanced Charting is now available for closed beta testing.

• The Portfolio Optimizer is available for closed beta testing, with additional updates and refinements continuing based on tester feedback.

• We are refreshing the private testing group and removing inactive participants. If you'd like to participate in testing new GNG Research features, join the Rocket.Chat testing group or contact Glenn in Rocket Chat.