Earnings Updates

Bank of America upgrades Ciena stock to buy, raising its price target to $355 and citing robust cloud spending as a key growth driver

Block stock is up over 20% after the fintech company said it’s laying off more than 4,000 employees, or about half of its headcount.

Gap stock slid 9% after Q4 earnings missed estimates, weighed down by winter storm disruptions, tariff headwinds, and guidance that failed to impress.

Marvell Technology beat Q4 estimates with record revenue, raised its fiscal 2027 outlook, and sees AI infrastructure demand driving growth through 2028.

Costco beat Q2 estimates with 14% profit growth and 13% membership fee gains, while pledging to pass on tariff refunds to members through lower prices.

Burlington Stores stock jumped after Q4 adjusted EPS rose 21% and comps beat guidance, with management sounding bullish on 2026 sales opportunities.

BJ's Wholesale Club stock fell after 2026 EPS guidance of $4.40–$4.60 disappointed investors, despite record membership growth and solid Q4 results.

Broadcom stock jumps 5% after hours as the chipmaker beats Q1 estimates and guides Q2 revenue to $22B, with AI chip revenue surging 106% year-over-year.

Okta stock rises 2% after beating Q4 earnings and revenue estimates, as the identity security firm capitalizes on growing demand for securing AI agents.

StubHub stock drops after Q4 revenue missed expectations, falling 16% year-over-year, as the ticketing marketplace issues cautious 2026 guidance

MongoDB stock plunges 22% on weak fiscal 2027 revenue guidance. Growth deceleration and leadership changes spook investors despite Q4 beat.

Box stock rises on strong Q4 beat and fiscal 2027 guidance. Enterprise Advanced hits 10% of revenue with 30-40% pricing uplift over Plus tier.

GitLab stock sinks on fiscal 2027 guidance of 15-17% revenue growth, down from 26% in 2026. $400M buyback announced despite growth slowdown.

CrowdStrike stock edges lower despite earnings beat as Q1 guidance disappoints. Strong ARR growth and AI momentum fail to excite after YTD decline.

On Holding stock falls 10% as 2026 sales guidance of 23% growth disappoints. Marks sharp slowdown from 35.6% growth in 2025 despite Q4 beat.

Best Buy stock rises 4% as earnings beat offsets revenue miss. Improved profitability and new growth initiatives excite investors despite soft demand.

AeroVironment plunges 19% after Space Force reopens $1.4B SCAR contract for bidding. Raymond James downgrades stock from strong buy to underperform.

Bank of America sees 40% upside for Credo Technology stock despite 14% drop. Strong earnings overshadowed by concerns over shift from copper to optical.

Bank of America sees 40% upside for Credo Technology stock despite 14% drop. Strong earnings overshadowed by concerns over shift from copper to optical.

Monster Beverage beat Q4 earnings expectations with revenue topping $2 billion for the first time, despite facing aluminum cost pressures ahead.

Dell stock surged 21% after the company forecast $50 billion in AI server revenue for fiscal 2027, doubling from the prior year despite memory shortages.

CoreWeave stock dropped 20% after weak Q1 guidance sparked margin concerns despite strong revenue growth and a $66.8 billion contracted backlog.

Duolingo stock dropped 14% after the company prioritized user growth over profits, guiding to weak 2026 bookings and EBITDA margin expectations.

NVIDIA reported Q4 FY2026 earnings with $68B in revenue, up 73% YoY. The stock sold off, but here are the 4 most important quotes from the earnings call and what they mean for long-term investors.

Block stock is up over 20% after the fintech company said it’s laying off more than 4,000 employees, or about half of its headcount.

Stellantis stock jumped 6% despite a record $26B loss from EV write-downs as second-half results showed turnaround progress in North America.

Trade Desk stock fell on weak Q1 guidance as CPG and auto ad spending slumps. Revenue missed by 1.5% despite Q4 beat and strong AI investments.

Axon Enterprise stock jumped 18% on strong Q4 results. AI software bookings hit $750M as company guides for 27-30% revenue growth in 2026.