Stocks making the biggest moves premarket: STX, HOOD, HUM, GNRC
Check out the companies making the biggest moves premarket: Seagate Technology — The data storage stock popped almost 18%. Seagate sees fiscal fourth-quarter revenue coming in at $3.45 billion, plus or minus $100 million, and adjusted earnings of $5 per share, plus or minus 20 cents. That compares to the LSEG estimate of $3.97 per share in earnings and revenue of $3.16 billion. Third-quarter results beat estimates on the top and bottom lines. Memory stocks — Seagate’s earnings boosted other names in the memory group too. Western Digital surged more than 10%. Sandisk jumped 7.5%, while Micron rose over 4%. Booking Holdings — Shares fell about 4.5% after the travel technology platform lowered its full-year adjusted earnings per share growth to the “low to mid-teens,” down from prior estimates in the “mid-teens,” citing lagging impacts from the Middle East conflict through the end of June. However, Booking posted both a beat on both the top and bottom lines for its first quarter. Shares of Expedia Group slipped about 3% in sympathy. Mondelez International — The maker of Oreo cookies and Sour Patch Kids candy added 1.5% after reporting first-quarter adjusted earnings of 67 cents per share on revenue of $10.08 billion. Analysts polled by FactSet had anticipated earnings of 61 cents per share and $9.75 billion in revenue. Humana — Shares of the insurer fell about 4.5% despite it reporting an earnings and revenue beat in its first quarter report. Humana delivered earnings of $10.31 per share and $39.65 billion in revenue, compared to expectations of $10.20 in earnings per share and $39.37 billion in revenue, according to analysts polled by FactSet. While the company’s earnings guidance for 2026 was reaffirmed at above estimates, its full-year revenue outlook came in cooler than expected. Robinhood — The maker of the trading app saw shares tumble nearly 10% after first-quarter results fell short of expectations. Robinhood posted earnings of 38 cents per share on revenue of $1.07 billion. LSEG consensus estimates called for 43 cents per share and $1.18 billion. Starbucks — The coffee chain jumped 4% after Starbucks raised its full-year outlook . The company sees global and U.S. same-store sales rising at least 5% for fiscal 2026, up from the earlier call for a 3% gain. Starbucks also lifted its forecast for adjusted earnings, guiding for a range of $2.25 to $2.45 per share, up from its earlier call for $2.15 to $2.40 per share. Enphase Energy — The maker of solar microinverters slipped more than 7%. Enphase’s first-quarter results barely beat Wall Street’s estimates, as the company posted adjusted earnings of 47 cents per share and revenue of $282.9 million. The FactSet consensus estimate sought 43 cents per share and $282.3 million in revenue. Revenue guidance for the current quarter ranged from $280.0 million to $310 million, versus the FactSet consensus of $294.9 million. Teradyne — Shares fell 6% after the robotics products supplier and manufacturer after it reported its first quarter earnings results. Teradyne reported $2.56 in earnings per share and $1.28 billion in revenue, compared to expectations for $2.11 in earnings per share and $1.2 billion in revenue. While investors sold off on the strong report, the stock is up 400% in the last year. NXP Semiconductors — The semiconductor manufacturer popped more than 18.5% after reporting first-quarter adjusted earnings of $3.05 per share, exceeding the $2.95 analysts had penciled in, per LSEG. NXP’s $3.18 billion revenue also beat the forecast of $3.16 billion. The company also sees its current-quarter operating income, revenue and adjusted earnings coming in a range that is above the FactSet consensus estimate. Visa — The credit card payment giant saw shares rise nearly 5%. Second-quarter adjusted earnings of $3.31 per share and revenue of $11.23 billion surpassed analysts’ expectations. The LSEG consensus called for $3.10 per share in earnings and $10.74 billion in revenue. Generac — Shares jumped 10% after the energy technology company saw an top and bottom line beat in its first quarter earnings report, with $1.80 in earnings per share and $1.06 billion in revenue. That compares to estimates for $1.33 in earnings per share and $1.05 billion in revenue, according to analysts polled by FactSet. Capital expenditures came in at $89.9 million, far higher than the $39.8 million estimated, according to StreetAccount. O-I Glass — The glass producer plunged 20% after slashing its full-year earnings guidance to a range of $1 to $1.50 per share, versus its previous call for $1.65 to $1.90 per share. That compares to the FactSet consensus of $1.67 per share. First-quarter adjusted earnings also missed expectations, landing at 5 cents per share, versus the 11 cents per share sought by the Street. Rush Street Interactive — Shares surged 16% after the online casino and sports betting operator reported a first-quarter top and bottom line beat. The company also raised its full-year revenue and adjusted EBITDA guidance, surpassing analysts’ expectations, according to FactSet. Bloom Energy — The renewable energy stock popped 19% after Bloom Energy posted adjusted earnings and revenue that beat expectations for the latest quarter. The company also sees its full-year revenue and adjusted earnings coming in at a range above analysts’ expectations, according to LSEG. Brown-Forman — Shares of the maker of Jack Daniel’s whiskey slid 5% after the company announced that merger talks with Pernod Ricard have been terminated . The companies weren’t able to reach mutually agreeable terms, Brown-Forman said in a statement. Avis Budget Group — The rental car company sunk nearly 13% after its adjusted EBIDTA in its first quarter earnings report came in at $113 million, below estimates for $185 million, according to analysts polled by FactSet. Earnings per share at $8.01 was also down significantly compared to one year ago when the company reported $14.35 in earnings per share. UBS — The Swiss bank popped 5% after it revealed in its first quarter financial report net attributable profit to shareholders rose 80% year-over-year. UBS also said it remains on track to buy back $3 billion in shares by the time of its next earnings report. Evercore — Shares of the investment bank rose 2% after it reported an earnings and revenue beat in its first quarter report. Evercore delivered earnings of $7.53 per share and $1.4 billion in adjusted net revenue, compared to analysts polled by FactSet estimates for $5.43 and $1.17 billion, respectively. Yum Brands — The restaurant operator rose 1% after it reported 8% same-store sales growth in the first quarter . Yum reported $1.50 in earnings per share and $2.06 billion in revenue, compared to estimates for $1.38 in earnings per share and $2.04 billion in revenue, according to LSEG. SoFi Technologies — The digital financial services company tumbled 8% despite delivering an in-line earnings report. In the first quarter, SoFi earned of 12 cents per share and adjusted net revenue of $1.09 billion. Both current quarter and full-year guidance were also largely in-line with consensus estimates. Etsy — Shares rose nearly 8% after it reported adjusted EBITDA of $184.7 million in the first quarter, compared to analysts polled by FactSet estimate for $176.6 million. Revenue also topped estimates at $631.3 million. Current quarter guidance was in-line with expectations.
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