Stock Markets February 18, 2026

After-hours movers: Mixed earnings and guidance drive sharp moves in DoorDash, Carvana, Figma, eBay and others

Quarterly misses hit some names hard while beats and robust outlooks lifted others in after-hours trading

By Nina Shah DASH CVNA FIG BKNG EBAY
After-hours movers: Mixed earnings and guidance drive sharp moves in DoorDash, Carvana, Figma, eBay and others
DASH CVNA FIG BKNG EBAY

After the market closed, a set of companies reported results and guidance that triggered notable after-hours share price moves. DoorDash and Carvana dropped following profit and EPS shortfalls, while Figma, eBay, Etsy and Herbalife rallied on stronger-than-expected results or strategic developments. Booking Holdings edged higher after results and a stock split announcement; Molson Coors slipped after revenue missed estimates.

Key Points

  • Earnings misses and conservative operating profit guidance pushed DoorDash and Carvana shares lower, affecting the consumer internet and auto retail sectors.
  • Figma, eBay, Etsy and Herbalife traded higher after delivering better-than-expected results, robust guidance, or strategic developments, benefiting technology, online marketplace and consumer staples segments.
  • Booking Holdings reported a beat and announced a 25-to-1 stock split; Molson Coors saw a revenue shortfall that weighed on its shares.

Companies announcing quarterly results and guidance after the close prompted a range of reactions in after-hours trading. Some reports produced significant declines, while others lifted shares, reflecting the narrow margins investors apply to earnings and profit guidance.

Selected after-hours moves and the results behind them

  • DoorDash (DASH) slipped 7% after quarterly EPS came in below estimates. The delivery platform's guidance for operating profit also trailed analyst expectations.
  • Carvana (CVNA) dropped 22% after quarterly operating profit missed estimates. The company reported fourth-quarter adjusted EBITDA of $511 million versus consensus estimates of $535.7 million.
  • Figma (FIG) climbed 16% following strong quarterly revenue and bullish guidance for the year. Figma provided a full-year 2026 revenue outlook of $1.366 billion to $1.374 billion, above the consensus of $1.286 billion.
  • Booking Holdings (BKNG) rose 1% after reporting quarterly results that beat estimates and announcing a 25-to-1 stock split.
  • eBay (EBAY) gained 7% after reporting EPS and revenue that beat expectations and issuing guidance that topped estimates. eBay also disclosed plans to acquire Depop, a fashion resale marketplace, from Etsy Inc. (ETSY) for approximately $1.2 billion. Etsy (ETSY) rose 16% on the news.
  • Herbalife (HLF) increased 11% after results that beat estimates. The company also disclosed that soccer star Cristiano Ronaldo invested $7.5 million to acquire a 10% equity stake in HBL Pro2col Software, LLC, a subsidiary of Herbalife that holds the company's Pro2col technology.
  • Molson Coors Brewing (TAP) fell 7% after revenue for the quarter missed estimates, coming in at $2.66 billion versus the consensus estimate of $2.72 billion.

Analyst tools and stock idea note

ProPicks AI evaluates EBAY alongside thousands of other companies every month using more than 100 financial metrics. The tool assesses fundamentals, momentum, and valuation to identify stocks that may present favorable risk-reward profiles. The commentary notes past winners identified by the AI, and suggests investors can check whether EBAY is currently included in any ProPicks AI strategies or whether alternative ideas exist in the same sector.


Market implications

These after-hours moves highlight how earnings, profit guidance and strategic transactions can differentially affect companies across sectors such as consumer internet, online marketplaces, beverage manufacturing and nutrition.

Summary

The trading reaction after the close was mixed: several companies saw share price declines tied to profit or revenue misses, while others rallied on beats, strong guidance or strategic transactions. Investors showed sensitivity to both current-period metrics and management outlooks.

Risks

  • Companies that miss EPS or operating profit expectations may face continued downward pressure on their shares, particularly in consumer internet and auto retail names.
  • Revenue shortfalls, such as Molson Coors' miss, create uncertainty for firms in cyclical consumer sectors and may affect investor confidence.
  • Mergers and acquisitions or subsidiary investments introduce execution and integration risks that could influence market reaction, as seen with eBay's planned Depop purchase and Herbalife's subsidiary equity investment.

More from Stock Markets

Raymond James Says JFrog Sell-Off Overstates Threat from Anthropic’s New Security Tool Feb 20, 2026 FERC Clears Path for Blackstone-TXNM Energy Deal, Removing Major Federal Hurdle Feb 20, 2026 Vanda Gains FDA Nod for BYSANTI, Shares Spike as Company Secures Second Approval in Weeks Feb 20, 2026 Supreme Court Reviews Broad Array of Trump-Era Policies Across Trade, Immigration and Federal Workforce Feb 20, 2026 UBS Lifts Corning Price Target to $160 Citing Surge in AI Data Center Fiber Demand Feb 20, 2026