Stocks making the biggest moves after hours: Lululemon, Zscaler, Guidewire Software & more
Lululemon (LULU) fell 18% after weak Q3 guidance. Docusign (DOCU) rose 4% on earnings beat. Zscaler (ZS) gained 2% with strong Q4 results. Adobe (ADBE) dropped 1% on CEO transition. Planet Labs (PL) advanced 7% on Q2 earnings. Asana (ASAN) fell 10% on Q3 guidance. Guidewire (GWRE) dropped 15% on revenue outlook. Samsara (IOT) surged 14% on raised guidance. UiPath (PATH) lost 7% on Q3 outlook.
How this was made
The 30-second read
Why it matters
The article aggregates multiple earnings surprises and guidance updates, each driving distinct price moves.
Market read
The earnings and guidance updates cause notable after‑hours price swings, offering short‑term trading opportunities.
What to watch
Potential macro backdrop of upcoming Fed decisions could amplify volatility.
Background
After‑hours trading often reflects fresh earnings and guidance releases that occur post‑market.
Ticker impact
Lululemon forecast Q2 earnings $0.93‑$0.98 EPS, revenue $2.29‑$2.32B, missing expectations, causing ~18% after‑hours drop.
Further downside risk if guidance not revised.
Guidance well below consensus; large move indicates market reaction.
DocuSign reported Q2 earnings beat and raised full‑year revenue and margin guidance, lifting stock >4% after‑hours.
Potential upside continuation.
Beat and guidance raise typically support further gains.
Zscaler posted Q4 adjusted EPS $1.19 on $898M revenue, beating estimates, and Q1 guidance beat, driving a 2% after‑hours rise.
Likely short‑term rally.
Consistent beat supports momentum.
Adobe announced new CEO Anil Chakravarthy, with shares down 1% after‑hours.
Limited immediate impact; monitor execution.
CEO change alone caused modest move.
Planet Labs posted Q2 adjusted EPS 2¢ on $116.1M revenue, beating expectations, sending stock up 7% after‑hours.
Potential upside if guidance stays strong.
Surprise positive results drive price lift.
Asana guidance for Q3 revenue $217‑$219M and EPS 8¢ missed expectations, causing ~10% after‑hours drop.
Further downside risk.
Guidance below consensus triggered sell‑off.
Guidewire Software revenue guidance $372‑$378M fell short of $387M consensus, prompting a 15% after‑hours tumble.
Continued pressure likely.
Significant miss relative to consensus.
Samsara raised full‑year revenue outlook to $2.04‑$2.05B and EPS 76‑78¢, beating estimates, sending stock up 14% after‑hours.
Potential further rally.
Guidance above consensus fuels optimism.
Market effects
Cloud software and SaaS earnings season shows mixed results, influencing sector sentiment.
U.S. tech stocks dominate after‑hours moves, limited broader market effect.
Limited; primarily impacts U.S. equity investors.
Counterpoint
Some stocks with modest beats (e.g., Zscaler) may be overbought after rapid gains.
Key entities
- companyLululemon Athletica
Sportswear retailer
- companyDocuSign
Electronic signature provider
- companyZscaler
Cloud security firm
- companyAdobe
Software giant
- companyPlanet Labs
Satellite imagery company
