Stocks making the biggest moves premarket: AMD, Uber, Eli Lilly, Super Micro, Chipotle, Enphase and more
Check out the companies making headlines before the bell. Super Micro Computer — Shares jumped 9% as strong demand for Super Micro’s AI-optimized servers helped fiscal second-quarter results top expectations and prompted the company to raise its annual revenue forecast. Super Micro earned 69 cents per share on an adjusted basis, soundly outpacing the second-quarter consensus estimate of 49 cents per share, per LSEG. Revenue of $12.68 billion, topped the $10.23 billion estimate. The company anticipates fiscal 2026 revenue will be at least $40 billion, which compares with a $36.09 billion estimate. Silicon Laboratories — Shares surged more than 50% after Texas Instruments agreed to purchase chip designer Silicon Laboratories for $7.5 billion amid ongoing consolidation in the semiconductor industry. Texas Instrument’s stock fell nearly 4%. Eli Lilly — The drugmaker’s stock rose nearly 7% after it posted higher-than-expected results on its top and bottom lines for the fourth quarter. The company also issued full year guidance for non-GAAP earnings of between $33.50 and $35 per share excluding some items, topping analysts’ consensus estimate of $33.04, per FactSet. It is also forecasting revenue of $80-$83 billion by the end of 2026 versus analysts’ expectations of $77.64 billion. Uber — The stock shed 8% after the ridesharing app issued light guidance for the current quarter . Uber forecast adjusted earnings of 65 cents to 72 cents for the first quarter, compared to a consensus estimate of 79 cents via FactSet. Also in prepared remarks, the rideshare company’s leadership cautioned investors that its autonomous vehicle efforts are likely to remain “a very small portion of the rideshare category for many years to come” amid ongoing technological and regulatory challenges. Uber beat the Street’s expectations on its revenue and earnings for the fourth quarter. Boston Scientific — Shares fell 10% after the medical technology firm issued lackluster guidance for the full year. The company forecast it would notch adjusted earnings of $3.43-3.49 per share by the end of the year versus Wall Street’s consensus estimate of $3.47, according to FactSet. Boston Scientific also said it expects to see revenue growth between 10.5% and 11.5% year-over-year, coming in at or below analysts’ consensus estimate of a 11.5% revenue increase. Advanced Micro Devices — The chipmaking stock declined 9% . AMD said that it sees first-quarter revenue landing at $9.8 billion, plus or minus $300 million, while analysts sought $9.38 billion. The company also called for first-quarter non-GAAP gross margin of about 55%, landing roughly in line with the consensus StreetAccount estimate of 54.5%. Varonis Systems — Shares plunged 14% after the data security firm issued forward guidance for 2026 that came in below the Street’s expectations. The company projects it will notch earnings of 6 cents to 10 cents per share excluding some items, a figure that falls far below analysts’ consensus estimate of 35 cents per share, according to FactSet. Match Group – The maker of the online dating app saw shares jump 7%. Fourth-quarter earnings came in at 83 cents per share on revenue of $878 million, surpassing the LSEG consensus estimate for 70 cents per share and $871 million. The company said it expects full-year cash flow to range between $1.085 to $1.135 billion, topping the FactSet consensus of $955.4 million. Chipotle — Shares of Chipotle tumbled 5% after the fast-casual burrito chain reported that traffic to its restaurants declined for the fourth straight quarter . The company also projected flat same-store sales growth for 2026. To be sure, adjusted earnings and revenue for Chipotle’s fourth quarter still beat analysts’ consensus expectations, according to LSEG. Enphase Energy – The supplier of solar and battery systems jumped nearly 23%. Enphase Energy issued rosy guidance on revenue for the first quarter, calling for a range of $270 million to $300 million, versus the FactSet consensus of $262.2 million. Fourth-quarter adjusted earnings and revenue also beat estimates. Lumentum Holdings — Shares of Lumentum, which makes optical and photonic products, jumped 11% after the company handily beat fiscal second quarter estimates and gave strong guidance for its current period. Lumentum reported adjusted earnings of $1.67 per share and revenue of $665.5 million. Analysts surveyed by FactSet were expecting earnings of $1.41 per share and $652.1 million in revenue. Take-Two Interactive Software – Shares popped nearly 5%. The video game publisher raised its 2026 guidance for net bookings, calling for a range of $6.65 billion to $6.7 billion. That’s an increase from its earlier guidance of $6.4 billion to $6.5 billion, and it beat the FactSet consensus estimate of $6.47 billion. — CNBC’s Pia Singh and Christina Cheddar Berk contributed reporting.
