Finance

Stocks making the biggest moves premarket: Target, Lowe’s, Viking, Bullish and more

Check out the companies making the biggest moves in premarket trading: Target — The retailer fell nearly 3% after it cut full-year earnings guidance . The company said it expects earnings per share to range between $7 and $8. Target previously expected its full-year profit to come in between $7 per share and $9 per share. Lowe’s — The home improvement giant rose 6% after it reported third-quarter earnings that beat analyst expectations. The company earned an adjusted $3.06 per share, topping an LSEG estimate of $2.97 per share. La-Z-Boy — Shares popped 10% following the furniture retailer and manufacturer’s strong fiscal second-quarter earnings results. La-Z-Boy earned an adjusted 71 cents per share, beating the 54 cents per share expected from analysts polled by FactSet. La-Z-Boy’s revenue also topped expectations, coming in at $522.5 million versus the $517.6 million consensus estimate. Viking — The river cruise operator gained 2% on the back of its third-quarter revenue beat. Viking’s revenue was $2 billion, versus the $1.99 billion consensus estimate, per FactSet. Adjusted EBITDA came in at $703.5 million, above the $682.2 million anticipated from analysts. The company’s adjusted EPS was in line with expectations. Bullish — The crypto exchange increased 2% following the release of its third-quarter financial results. Bullish, which went public in August, saw adjusted revenue of $76.5 million, topping the $72.9 million expected from analysts polled by FactSet. Adjusted EBITDA also topped expectations. TJX — The parent of the T.J. Maxx and Marshalls retail chains reported third-quarter earnings of $1.28 per share on revenue of $15.12 billion, beating the LSEG consensus estimate of $1.22 EPS on revenue of $14.85 billion. The stock climbed 2.6%. Valvoline — The automotive services provider added 2% on strong revenue guidance. The company sees revenue for its fiscal year between $2 billion and $2.1 billion. That’s above a FactSet estimate of $1.93 billion. However, Valvoline posted a fiscal fourth-quarter adjusted earnings and revenue miss, while its fiscal-year adjusted earnings guidance also came below the consensus forecast. Constellation Energy — Shares rose 3% after the company received a $1 billion loan from the U.S. government to restart its Crane Clean Energy Center. ON Semiconductor — The semiconductor stock added 3%. ON’s board approved a $6 billion stock buyback program over the next three years that begins at the start of 2026. DoorDash — The food delivery firm saw shares rising more than 2% after Jefferies upgraded the stock to a buy rating. The Wall Street firm said DoorDash’s 2026 outlook helped lower expectations, providing flexibility for both long-term investments and upside to consensus. Plug Power — The hydrogen fuel cell developer tumbled 20% after saying it plans to offer $375 million of senior convertible notes due in 2033. — CNBC’s Fred Imbert, Yun Li, Alex Harring, Lisa Han and Liz Napolitano contributed reporting.

This article was originally published by a Cnbc.com. Read the Original article here. .

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