Stocks moved decisively in after-hours trading as a series of quarterly reports and forward-looking outlooks produced divergent reactions from investors.
Applied Materials saw the largest single swing, climbing 9% after posting quarterly results that exceeded analyst expectations and offering guidance that the market interpreted as constructive. The company reported Q1 earnings per share of $2.38, beating the analyst consensus by $0.17, which was $2.21. Revenue in the quarter totaled $7.01 billion versus a consensus figure of $6.87 billion.
Not all reports were positive. Coinbase edged down 0.5% as its latest quarter missed estimates on both revenue and earnings. The company recorded Q4 total revenue of $1.8 billion, representing a 5% decline from the prior quarter.
Pinterest shares fell sharply, declining 16% after offering guidance below market expectations. The company projects Q1 2026 revenue in a range of $951 million to $971 million, compared with the consensus estimate of $981.3 million.
Streaming platform Roku rallied 10% after reporting results above consensus on both the top and bottom lines and setting a robust outlook. Roku guided to fiscal 2026 revenue of $5.5 billion, ahead of the $5.34 billion consensus.
Rivian Automotive jumped 13% following the release of strong guidance for 2026 vehicle deliveries.
Dutch Bros gained 13% after beating profit estimates for the quarter. The company reported Q4 earnings per share of $0.17, which topped the analyst estimate of $0.09 by $0.08. Quarterly revenue was $443.6 million, above the consensus estimate of $423.79 million.
Instacart rose 13% after reporting quarterly revenue of $992 million, beating the consensus estimate of $974 million.
Toast shares dropped 13% as its guidance for full-year operating profit fell short of expectations.
Arista Networks climbed 5% after reporting quarterly revenue of $2.49 billion, outpacing the consensus estimate of $2.38 billion for the period.
Twilio declined 6.5% despite delivering results that beat published estimates. The company reported Q4 earnings per share of $1.33, beating the analyst estimate of $1.23 by $0.10. Quarterly revenue was $1.37 billion versus the consensus estimate of $1.32 billion.
Airbnb rose 5% after first-quarter revenue guidance topped estimates. The company projected Q1 2026 revenue of $2.59 billion to $2.63 billion, compared with the consensus figure of $2.528 billion.
DraftKings fell 13% after its forward view missed the street. The company sees fiscal 2026 revenue in a range of $6.5 billion to $6.9 billion versus the consensus of $7.32 billion.
Additional note on stock evaluation tools provided in the same release: an AI-driven model called ProPicks AI is described as evaluating Applied Materials among many companies monthly using a broad range of financial metrics. The description states the AI identifies stocks based on fundamentals, momentum, and valuation and cites past winners including Super Micro Computer at +185% and AppLovin at +157%.