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Why Is Teradyne (TER) Stock Rocketing Higher Today
Shares of semiconductor testing company Teradyne (NASDAQ:TER) jumped 6.4% in the afternoon session after Stifel upgraded the chip testing equipment maker to a "Buy" from a "Hold" rating and raised its price target. Analyst Brian Chin increased the price target to $225 from $162, noting stronger long-term growth prospects. The firm highlighted what it called an underappreciated position for the company in AI networking. The upgrade was based on a belief that a “narrative shift, revenue shift, and optionality in AI compute [are] too important to ignore.” Stifel expected growth to accelerate given a favorable, structural shift in Teradyne's test revenue composition, even before considering potential share gains in the AI GPU and ASIC market.
Why Chewy (CHWY) Shares Are Trading Lower Today
Shares of e-commerce pet food and supplies retailer Chewy (NYSE:CHWY) fell 3.1% in the afternoon session after an analyst note highlighted growing investor concerns regarding the company's profitability ahead of its upcoming earnings report. The note from Piper Sandler pointed out that investor focus had shifted from customer acquisition to profitability. Chewy had delivered only modest beats on a key profitability measure in recent quarters, a change from its historical double-digit outperformance. The company's gross margins also remained under scrutiny after missing expectations in two of the four previous quarters. This came as the stock had already taken a significant 26.7% hit over the previous six months.
Why Sprinklr (CXM) Stock Is Trading Up Today
Shares of customer experience management platform Sprinklr (NYSE:CXM) jumped 4.3% in the afternoon session after investors showed optimism ahead of the company's upcoming quarterly earnings report. The report was scheduled for release the following day, with analysts forecasting earnings per share (EPS) of approximately $0.07. Other estimates projected adjusted earnings at $0.09 per share on revenue of about $209.6 million, which would mark a 4.4% increase from the same quarter in the previous year. This anticipated growth rate was slower than the 7.7% increase recorded a year prior. In its last report, Sprinklr had surpassed analysts' revenue expectations, adding to the positive sentiment.
Coinbase (COIN) Stock Is Up, What You Need To Know
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.7% in the afternoon session after Wall Street brokerage Bernstein suggested the stock could rise 90%, while the company also launched a new "instant unstaking" feature. The bullish analyst note was part of a "Moderate Buy" consensus rating among Wall Street analysts. Adding to the positive sentiment, Coinbase's new feature allowed users to unstake their crypto assets immediately for a 1% fee, bypassing traditional wait times. The move was also supported by a rebound in the wider crypto market, as Bitcoin's price recovered sharply from an overnight low. This recovery helped lift other crypto-linked stocks, signaling renewed market optimism in digital assets.
Why Impinj (PI) Stock Is Up Today
Shares of RFID manufacturer Impinj (NASDAQ:PI) jumped 4.7% in the afternoon session after investors appeared to focus on the company's strong historical growth metrics, which pointed to a promising outlook. A report highlighted the radio-frequency identification (RFID) maker's performance over the previous five years, noting that annual revenue grew by 20.2%. This suggested that the company increased its market share during that time. Furthermore, its annual earnings per share growth of 49.4% outpaced its revenue gains, signaling strong profitability. The company's free cash flow margin also expanded by 15.8 percentage points over the same period, giving it more cash to use for its operations. The positive reaction from the market came even as news surfaced that Sylebra Capital sold shares worth nearly $9.8 million in late November.
Why Are Sweetgreen (SG) Shares Soaring Today
Shares of casual salad chain Sweetgreen (NYSE:SG) jumped 5.1% in the afternoon session after the company announced its debut in Sacramento with the opening of two new restaurant locations. This expansion marked the company's entry into the Sacramento market and continued its nationwide growth. The first of the two restaurants opened its doors, with a second location planned to open later in the month. For a restaurant brand, entering new cities is a key part of growing the business and reaching more customers, which investors often viewed as a positive development for future sales.
Why Are KBR (KBR) Shares Soaring Today
Shares of government and sustainable technology solutions company KBR (NYSE:KBR) jumped 6% in the afternoon session after Oppenheimer initiated coverage on the company with an 'Outperform' rating. The analyst set a price target of $60.00 for the stock. Oppenheimer's positive view stemmed from what it called an "interesting, value-based investment opportunity." This perspective was largely based on the company's plan to spin off its government services business in mid-to-late 2026. The new coverage and rating provided investors with a fresh outlook on the company's potential performance and valuation.
Why Applied Materials (AMAT) Stock Is Up Today
Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) jumped 4.4% in the afternoon session after several investment firms expressed a positive outlook for the company, with KeyBanc and Morgan Stanley raising their price targets and UBS upgrading the stock's rating. KeyBanc increased its price target to $285 from $240, keeping an Overweight rating. The firm noted long-term demand drivers from artificial intelligence applications. In a similar move, UBS upgraded Applied Materials from Neutral to Buy and also set a $285 price target, citing a good outlook for wafer fab equipment, which is used to produce memory chips. Adding to the positive sentiment, Morgan Stanley adjusted its price target upward to $273 from $252, while also maintaining an Overweight rating on the shares.
United Airlines (UAL) Stock Is Up, What You Need To Know
Shares of airline company United Airlines Holdings (NASDAQ:UAL) jumped 4% in the afternoon session after an investment firm reiterated its 'Buy' rating on the stock and the airline announced a new partnership to modernize its sales technology. TD Cowen restated its positive view, designating United its "Best Idea for 2026" and setting a $125 price target. The firm's confidence stemmed from expected improvements in Boeing's production rates, which should aid United's fleet renewal. This update was anticipated to boost revenue with more premium seating and lower non-fuel costs.
Robinhood (HOOD) Stock Trades Up, Here Is Why
Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 3.9% in the afternoon session after the stock rebounded from losses in the prior trading session that were linked to a decline in Bitcoin prices. The online trading platform had slipped the previous day as Bitcoin experienced a sharp single-day decline. This was notable because options and crypto made up 78% of the transaction-based revenue in Robinhood's latest quarter. Adding to investor optimism, news emerged that Cathie Wood's ARK Invest had purchased more shares during the dip. The recovery also occurred against a backdrop of strong company performance, as Robinhood had recently crushed its third-quarter earnings estimates and reported an 82% jump in average revenue per user.