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Why Fluence Energy (FLNC) Stock Is Trading Up Today
Shares of electricity storage and software provider Fluence (NASDAQ:FLNC) jumped 15.9% in the afternoon session after UBS significantly increased its price target on the energy storage company's stock to $22 from $8. This move came even as the bank kept its "Neutral" rating. According to UBS, the large target increase reflected Fluence's high growth rate compared to its peers and better visibility into improving gross margins, which are a measure of profitability. The positive analyst action followed a similar update from the previous day, when Citigroup also maintained a "Neutral" rating but boosted its price target on the stock to $20 from $7.50.
Why SAIC (SAIC) Stock Is Up Today
Shares of government IT services provider Science Applications International Corporation (NASDAQ:SAIC) jumped 16.6% in the afternoon session after the company reported third-quarter results that beat profit estimates and raised its full-year guidance. While revenue for the quarter was in line with Wall Street's expectations at $1.87 billion, it marked a 5.6% decrease year-over-year. However, investors focused on the company's strong profitability. SAIC posted adjusted earnings of $2.58 per share, significantly surpassing analyst estimates by over 20%. Adjusted EBITDA, a measure of core profitability, also came in 5% ahead of consensus at $185 million. Building on this strong performance, SAIC lifted its adjusted earnings per share forecast for the full year to a midpoint of $9.90.
SentinelOne (NYSE:S) Posts Better-Than-Expected Sales In Q3 CY2025 But Stock Drops
Cybersecurity AI platform provider SentinelOne (NYSE:S) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 22.9% year on year to $258.9 million. On the other hand, next quarter’s revenue guidance of $271 million was less impressive, coming in 0.8% below analysts’ estimates. Its non-GAAP profit of $0.07 per share was 31.5% above analysts’ consensus estimates.
CooperCompanies (NASDAQ:COO) Reports Q3 CY2025 In Line With Expectations, Stock Soars
Medical device company CooperCompanies (NASDAQ:COO) met Wall Streets revenue expectations in Q3 CY2025, with sales up 4.6% year on year to $1.07 billion. The company expects next quarter’s revenue to be around $1.02 billion, coming in 0.6% above analysts’ estimates. Its non-GAAP profit of $1.15 per share was 3.2% above analysts’ consensus estimates.
Samsara’s (NYSE:IOT) Q3 CY2025 Sales Top Estimates
IoT solutions provider Samsara (NYSE:IOT) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 29.2% year on year to $416 million. Guidance for next quarter’s revenue was better than expected at $422 million at the midpoint, 0.7% above analysts’ estimates. Its non-GAAP profit of $0.15 per share was 26.4% above analysts’ consensus estimates.
ChargePoint (NYSE:CHPT) Reports Upbeat Q3 CY2025, Stock Soars
EV charging solutions provider ChargePoint Holdings (NYSE:CHPT) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 6.1% year on year to $105.7 million. Guidance for next quarter’s revenue was optimistic at $105 million at the midpoint, 2.5% above analysts’ estimates. Its GAAP loss of $2.23 per share was 3% below analysts’ consensus estimates.
Hewlett Packard Enterprise (NYSE:HPE) Misses Q3 CY2025 Revenue Estimates, Stock Drops
Enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) fell short of the markets revenue expectations in Q3 CY2025, but sales rose 14.4% year on year to $9.68 billion. Next quarter’s revenue guidance of $9.2 billion underwhelmed, coming in 6.4% below analysts’ estimates. Its non-GAAP profit of $0.62 per share was 6.5% above analysts’ consensus estimates.
Domo (NASDAQ:DOMO) Posts Q3 CY2025 Sales In Line With Estimates But Stock Drops
Business intelligence platform Domo (NASDAQ:DOMO) met Wall Streets revenue expectations in Q3 CY2025, but sales were flat year on year at $79.4 million. On the other hand, next quarter’s revenue guidance of $78.5 million was less impressive, coming in 0.9% below analysts’ estimates. Its non-GAAP profit of $0.01 per share was significantly above analysts’ consensus estimates.
DocuSign’s (NASDAQ:DOCU) Q3 CY2025: Beats On Revenue
Electronic signature company DocuSign (NASDAQ:DOCU) reported Q3 CY2025 results topping the market’s revenue expectations, with sales up 8.4% year on year to $818.4 million. The company expects next quarter’s revenue to be around $827 million, close to analysts’ estimates. Its non-GAAP profit of $1.01 per share was 10.4% above analysts’ consensus estimates.
Smith & Wesson (NASDAQ:SWBI) Posts Better-Than-Expected Sales In Q3 CY2025
American firearms manufacturer Smith & Wesson (NASDAQ:SWBI) reported Q3 CY2025 results topping the market’s revenue expectations, but sales fell by 3.9% year on year to $124.7 million. Its non-GAAP profit of $0.04 per share was $0.02 above analysts’ consensus estimates.