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Weekly Dividend Report: FedEx, Caterpillar, Oracle, Dell, and more Announce Payouts.

Weekly Dividend Report saw increased payouts from FedEx and Caterpillar, declarations from Oracle and Dell Technologies, and ex-dividend dates for UnitedHealth and Hewlett...

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HomeStocks in FocusToday's Top Performers: CrowdStrike, HPE, Stitch, Mind Medicine and More Make Big...

Today’s Top Performers: CrowdStrike, HPE, Stitch, Mind Medicine and More Make Big Moves.

Today, Stock futures were trading higher in the premarket hours , building on the bullish close in the last session ahead of significant economic data anticipated later

Top stock gainers


CrowdStrike (NASDAQ:CRWD) shares increased roughly 7% following a stronger than expected 1Q25 earnings performance, with net new ARR growth of 22% and overall ARR growth of 33% Y/Y. The business sees Q2 EPS to range from $0.98 to $0.99, above the consensus of $0.91, and sales to range from $958M to $961M, beating the analysts’ estimate of $954M.


Shares of Hewlett Packard Enterprise (NYSE:HPE) soared over 15% after beating the consensus mark in FQ2 earnings and presenting an enthusiastic outlook. For FQ3, the firm expects to earn between $0.43 and $0.48 per share vs. the consensus of $0.46, with revenue between $7.4B and $7.8B, compared to the consensus of $7.45B. The business also raised its full-year estimate and now sees revenue growth between 1% and 3% on a constant currency basis, compared to a prior view of flat to 2% growth. Adjusted EPS is predicted to decrease between $1.85 and $1.95, with the midpoint above the consensus of $1.88.


Despite sales down about 16% Y/Y and active clients down around 20%, Stitch Fix (NASDAQ:SFIX) gained 18% after outperforming expectations in the FQ3 result. The company also forecasts revenue for FQ4 and FY2024 beyond market projections. Stitch Fix (SFIX) estimates FQ4 net revenue to be between $312M and $322M vs. the consensus of $306.57M, and FY2024 revenue between $1.33B and $1.34B vs. the consensus of $1.31B.

Top stock losses

Mind Medicine (NASDAQ:MNMD) shares dropped more than 20% after the U.S. Food and chemical Administration voted against a therapy based on the mind-altering chemical MDMA for patients with post-traumatic stress disorder, delivering a blow to the burgeoning field of psychedelic medicines. The panel voted 10-to-1, concluding that the benefits did not exceed the hazards and that the current data did not indicate its effectiveness.

Premarket

Gainers

WalkMe (NASDAQ:WKME) stock rose over 40% after the German enterprise software major SAP stated Wednesday it has agreed to acquire the parent of the travel and expenditure management platform Concur, in an all-cash deal valued at around $1.5 billion.

Hewlett Packard Enterprise (NYSE:HPE) jumped 15% after the software consultant reported solid quarterly earnings and gave an optimistic outlook on the strength of artificial intelligence demand.

CrowdStrike (NASDAQ:CRWD) surged 11% after the cybersecurity business boosted its annual expectations following stronger-than-expected quarterly profits.

Intel (NASDAQ:INTC) stock increased 0.9% after buyout firm Apollo Global Management (NYSE:APO) agreed to purchase a 49% equity interest for $11 billion in a joint venture relating to the chipmaker’s Ireland manufacturing business.

Deere & Company (NYSE:DE) stock climbed 0.4% after the agriculture machinery giant said it would slash an undefined number of production and salaried jobs to save expenses as it grapples with a decline in farm equipment demand.

Losers

Dollar Tree (NASDAQ:DLTR) stock dipped 1.9% amid a report that the discount retailer wants to investigate options that include a potential sale or spin-off of Family Dollar.

Hibbett Sports (NASDAQ:HIBB) stock dipped 1.5% after the sporting good retailer revealed that quarterly sales came in below projections.

Spirit AeroSystems (NYSE:SPR) stock dipped 1.1% after the aerospace supplier stated Mark Suchinski is stepping down as Chief Financial Officer.

Stock in Focus

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After reporting 8% Y/Y subscription revenue growth in 4Q24, DocuSign (NASDAQ:DOCU) shares rose 10%. Electronic signature business predicts 1Q25 revenue of $704M to $708M, above analysts’ $699.1M forecast. DocuSign expects sales of $2.91B to $2.92B this year, with consensus of $2.91B. Customer adoption of Contract Lifecycle Management and eSignature in StateRAMP-authorized environments was also emphasized by the organization.

MongoDB (NASDAQ:MDB) shares fell 8% after exceeding Q4 profit and sales forecasts owing to its dovish FY2025 outlook. MongoDB expects revenues of $436M to $440M in Q1, below the average expectation of $449.08M. Below the estimate of $0.61, non-GAAP EPS is expected to be $0.34–$0.39. The business estimates FY2024 sales between $1.9B and $1.93B, below the average of $2.03B. Unlike the consensus of $3.22, non-GAAP EPS is expected to be $2.27 to $2.49.

Marvell Technology (NASDAQ:MRVL) shares fell over 7% after solid Q4 earnings due to a dismal Q1 guidance. The business predicts Q1 sales of $1.15B, plus or less 5%, behind analysts’ $1.36B. Marvell predicts adjusted gross margins of 62% to 63% and adjusted earnings of $0.18 to $0.28 per share, significantly below the average forecast of $0.40. Marvell announced $3B in stock buybacks.

Despite a 5.7% Y/Y rise, Costco Wholesale’s NASDAQ:COST shares plummeted roughly 4% as its FQ2 earnings reports fell short of the top-line estimate. Comparable sales increased by 5.6% during the quarter, above the 5.1% estimate.

MongoDB (NASDAQ:MDB) shares fell 8% after exceeding Q4 profit and sales forecasts owing to its dovish FY2025 outlook. MongoDB expects revenues of $436M to $440M in Q1, below the average expectation of $449.08M. Below the estimate of $0.61, non-GAAP EPS is expected to be $0.34–$0.39. The business estimates FY2024 sales between $1.9B and $1.93B, below the average of $2.03B. Unlike the consensus of $3.22, non-GAAP EPS is expected to be $2.27 to $2.49.

Marvell Technology (NASDAQ:MRVL) shares fell over 7% after solid Q4 earnings due to a dismal Q1 guidance. The business predicts Q1 sales of $1.15B, plus or less 5%, behind analysts’ $1.36B. Marvell predicts adjusted gross margins of 62% to 63% and adjusted earnings of $0.18 to $0.28 per share, significantly below the average forecast of $0.40. Marvell announced $3B in stock buybacks.

Despite a 5.7% Y/Y rise, Costco Wholesale’s NASDAQ:COST shares plummeted roughly 4% as its FQ2 earnings reports fell short of the top-line estimate. Comparable sales increased by 5.6% during the quarter, above the 5.1% estimate.

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