Log In Get Started
Stock Markets February 24, 2026

After-Hours Movers: Mixed Earnings and Guidance Drive Volatility in Tech, Energy and Consumer Names

HP Inc., CAVA, Workday, First Solar and others react sharply after earnings and forward-looking guidance

By Hana Yamamoto HPQ MOS CAVA WDAY FSLR
After-Hours Movers: Mixed Earnings and Guidance Drive Volatility in Tech, Energy and Consumer Names
HPQ MOS CAVA WDAY FSLR

A range of publicly traded companies saw notable after-hours stock moves following quarterly results and guidance. HP Inc. slid despite revenue growth, while CAVA and Trex gained on revenue beats. Workday and First Solar tumbled on forecasts that fell short of market expectations. Other companies reported mixed outcomes for earnings and revenue, contributing to a patchwork of post-close volatility.

Key Points

  • HP Inc. reported first quarter net revenue of $14.4 billion, up 6.9% year-over-year, but the stock fell 5.75% after hours.
  • CAVA and Trex outperformed on revenue beats, while Workday and First Solar dropped sharply after issuing guidance below Wall Street expectations.
  • Guidance and earnings-per-share misses influenced after-hours volatility across technology, consumer and clean-energy related stocks.

Stocks across technology, consumer and clean-energy segments experienced significant after-hours reactions after companies released quarterly figures and forward-looking guidance.

HP Inc. (HPQ) dropped 5.75% despite reporting first quarter net revenue of $14.4 billion, a 6.9% increase from the prior-year period. The stock move came even though the top-line result was described as in-line with expectations.

The Mosaic Company (MOS) declined about 2% after reporting fourth-quarter earnings per share of $0.22, which missed analysts' estimates by $0.22 relative to the consensus of $0.44. Mosaic's revenue for the quarter was $3 billion versus the consensus of $2.76 billion.

CAVA Group (CAVA) rose 9% after reporting quarterly revenue of $274.99 million, ahead of the consensus estimate of $228.3 million. Management provided a fiscal 2026 same-restaurant sales outlook of 3.0% to 5.0%.

Workday (WDAY) fell 8% after forecasting fiscal 2027 subscription revenue below Wall Street estimates, a projection that prompted investor selling in the after-hours session.

First Solar (FSLR) slid 10% following guidance that disappointed investors. The company now sees fiscal 2026 revenue in the range of $4.9 billion to $5.2 billion, below the consensus figure of $6.09 billion.

Trex (TREX) climbed 4% after reporting quarterly revenue of $161 million, which exceeded the consensus estimate of $144.49 million.

Lucid Group (LCID) fell 4% after reporting a wider-than-expected loss per share to end 2025, though the company did beat revenue estimates in the fourth quarter. GoDaddy (GDDY) dropped 7% after providing fiscal 2026 revenue guidance of $5.195 billion to $5.275 billion, slightly below the consensus of $5.28 billion.

What to watch

  • Revenue beats drove upside in select consumer and building-products names, while missed EPS or disappointing forward guidance hit some technology and renewable energy stocks.
  • Guidance was a decisive factor in several of the larger moves: companies that issued conservative forward views saw notably larger declines.
  • Stock-specific fundamentals and forward-looking commentary from management were central to after-hours price action rather than uniform sector movement.

Should you be buying HPQ right now?

ProPicks AI evaluates HPQ alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias - it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if HPQ is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space? See Stocks

Risks

  • Forward guidance that falls short of consensus can trigger significant negative stock reactions, as seen with Workday and First Solar - this affects technology and renewable energy sectors.
  • Earnings-per-share misses, even with stronger-than-expected revenue, may weigh on investor sentiment and share prices, as illustrated by Mosaic and Lucid - relevant to industrials and automotive/EV-related names.
  • Revenue projections and same-restaurant sales outlooks carry uncertainty for consumer-facing companies; CAVA's fiscal 2026 same-restaurant sales guidance of 3.0% to 5.0% highlights execution risk in the restaurant sector.

More from Stock Markets

Analysts See Nikkei Clearing 60,000 by Mid-2027 on Earnings and Foreign Buying Feb 24, 2026 S&P Raises Herbalife Credit Rating After Stabilizing Operations and Debt Reduction Progress Feb 24, 2026 S&P Global Lowers Outlook on Wendy’s, Cites Sales Declines and Rising Leverage Feb 24, 2026 S&P Raises Western Digital Rating as Debt Shrinks, Outlook Stable Feb 24, 2026 Woolworths' Interim Profit Climbs 16.4% as Value Push Gains Traction Feb 24, 2026