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Yahoo
3 days ago
- Business
- Yahoo
Why Samsara Stock Sank Today
Samsara stock fell Friday following the company's fiscal Q1 report. The business actually reported sales and earnings for the period that beat Wall Street's expectations. Samsara's forward guidance wasn't bad, but it failed to excite investors. 10 stocks we like better than Samsara › Samsara (NYSE: IOT) stock saw a substantial valuation pullback in Friday's trading. The company's share price closed out the daily session down 4.6% and had been down as much as 12% earlier in the day's trading. Despite a trading backdrop that saw the S&P 500 rise 1% in the session, the quarterly report that Samsara published yesterday prompted a big pullback for the stock. The company actually delivered first-quarter sales and earnings that beat the market's expectations, but its forward guidance underwhelmed the market. In fiscal Q1, which ended May 3, Samsara posted non-GAAP (adjusted) earnings per share of $0.11 on sales of $366.9 million. The performance came in significantly better than the average Wall Street analyst estimate, which had called for per-share earnings of $0.06 on revenue of $351.44 million. Sales were up roughly 31% year over year in the period, and the adjusted earnings per share rose roughly 267% compared to the prior-year period. For the full-year period, Samsara is guiding for sales to come in between $1.547 billion and $1.555 billion. If the business were to hit the midpoint of that guidance range, it would mean delivering annual sales growth of roughly 24.5%. Meanwhile, adjusted earnings per share are projected to be between $0.39 per share and $0.41 per share -- good for growth of roughly 54% at the midpoint of the target range. The results generally showed that the business is having success with its pitch to integrate artificial intelligence (AI) technologies with Internet of Things tracking and automation solutions, but the stock still pulled back after the earnings release. With the company still valued at roughly 17 times expected sales and 132 times expected adjusted earnings, shares could continue to be volatile in the near term -- but the company's Q1 report and guidance were hardly terrible. Before you buy stock in Samsara, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Samsara wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor's total average return is 997% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Samsara. The Motley Fool has a disclosure policy. Why Samsara Stock Sank Today was originally published by The Motley Fool
Yahoo
4 days ago
- Business
- Yahoo
Why Five Below Stock Is Soaring Today
Five Below reported fiscal Q1 results yesterday and beat Wall Street's sales and earnings expectations. The retailer posted 7% growth for same-store sales last quarter. Five Below is guiding for strong same-store sales growth in the current quarter. 10 stocks we like better than Five Below › Five Below (NASDAQ: FIVE) stock is gaining ground in Thursday's trading. The company's share price was up 6.5% as of 12:45 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was up 0.1%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 0.4%. After the market closed yesterday, Five Below published results for the first quarter of its current fiscal year. It delivered sales and earnings that beat Wall Street's expectations for the quarterly period, which ended May 3. For fiscal Q1, Five Below posted non-GAAP (generally accepted accounting principles) adjusted earnings per share of $0.86 on revenue of $970.53 million. Meanwhile, the average analyst estimate had called for the business to record adjusted earnings per share of $0.83 on sales of $966.49 million. Overall revenue was up 19.5% year over year in the period, with a 7.1% increase for same-store sales and new location openings helping to power strong revenue expansion in the period. Adjusted earnings per share were roughly 43% compared to last year's quarter. For the current quarter, Five Below is guiding for sales to come in between $975 million and $995 million. The guidance range came in significantly better than the average Wall Street forecast, which had called for sales of $958.33 million. Five Below management expects same-store sales growth between 7% and 9% this quarter. Meanwhile, adjusted earnings per share in fiscal Q2 are projected to be between $0.50 and $0.62. For comparison, the average Wall Street analyst estimate had called for adjusted earnings per share of $0.58 prior to Five Below's recent quarterly report. While the midpoint of management's earnings guidance came in below the average analyst estimate, guidance for strong same-store sales growth appears to have offset concerns related to the shortfall on the profit target. Before you buy stock in Five Below, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Five Below wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Five Below. The Motley Fool has a disclosure policy. Why Five Below Stock Is Soaring Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Why Ciena Stock Is Plummeting Today
Ciena beat sales expectations for fiscal Q2, but earnings came in below Wall Street's target. Sales to large cloud customers helped power big sales growth, but margins were softer than anticipated. Ciena's forward sales and margin guidance has also underwhelmed investors. 10 stocks we like better than Ciena › Ciena (NYSE: CIEN) stock is sinking in Thursday's trading after the company published its latest quarterly results. The optical technologies and software specialist's share price is down 12.2% as of 12:15 p.m. ET. Before the market opened this morning, Ciena published results for the second quarter of its current fiscal year, which ended May 3. While the business's sales for the period topped the market's expectations, earnings came in lower than anticipated. Ciena recorded non-GAAP (generally accepted accounting principles) adjusted earnings per share of $0.42 on sales of $1.13 billion in fiscal Q2. For comparison, the average Wall Street analyst estimate had called for the business to post adjusted earnings per share of $0.52 on revenue of $1.09 billion. Ciena's sales were up roughly 24% year over year in the period, and adjusted earnings per share were up roughly 56% compared to the prior-year period. But while the business delivered a solid sales beat, investors aren't happy with lower-than-anticipated margins and softer forward guidance. Ciena is guiding for sales to be between $1.13 billion and $1.21 billion in fiscal Q3 -- good for growth of roughly 24% at the midpoint of the target range. On the other hand, it looks like growth will decelerate significantly in the fourth quarter. Management expects the business to post full-year sales growth of roughly 14%. Meanwhile, the company's gross margin for the year is now projected to come in at the low end of management's previous guidance for a gross margin between 42% and 44%. Ciena's fiscal Q2 results and forward guidance weren't terrible by any stretch, but they do suggest some unevenness as the company continues to pursue its expansion initiatives. Before you buy stock in Ciena, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Ciena wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Ciena Stock Is Plummeting Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Why Applied Digital Stock Skyrocketed Again Today
Applied Digital stock is seeing strong momentum following the announcement of the company's big deal with CoreWeave. B. Riley raised its one-year price target on Applied Digital stock from $8 to $15 per share today. Applied Digital expects to generate $7 billion in revenue over 15 years through its contracts with CoreWeave. 10 stocks we like better than Applied Digital › Applied Digital (NASDAQ: APLD) stock closed out Wednesday's trading with another day of explosive gains. The company's share price was up 29.6% at the end of the daily session. Applied Digital stock rocketed higher today after B. Riley published new coverage on the company and dramatically increased its one-year valuation forecast. Investors are feeling bullish after the data-center specialist announced a major new deal with CoreWeave. Applied Digital stock is now up roughly 78% over the last week of trading. Before the market opened this morning, B. Riley reiterated a buy rating on Applied Digital and delivered a huge price-target increase for the stock. The investment firm raised its one-year price forecast from $8 per share to $15 per share following news that Applied Digital has signed a large contract with CoreWeave. At today's closing price, Applied Digital would have to rise roughly 13% higher to hit B. Riley's price target. On Monday, Applied Digital announced that it had entered into agreements to two 15-year lease agreements with CoreWeave. Applied Digital will provide data center and artificial intelligence (AI) processing hardware and services through the lease, and is expected to see approximately $7 billion in revenue from the deal. Applied Digital is restructuring some aspects of its business, but the company's recently announced deal with CoreWeave has quickly shifted the story surrounding the stock. While the company is valued at roughly $3 billion on the heels of its latest valuation run-up, having roughly $7 billion in sales already contracted for over the next 15 years establishes an encouraging performance floor. And in addition to the future sales contribution, CoreWeave's endorsement is also an encouraging sign. Before you buy stock in Applied Digital, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Applied Digital wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Applied Digital Stock Skyrocketed Again Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Why Dollar General Stock Soared Today
Dollar General reported Q1 results yesterday and beat Wall Street's expectations. Increases for average transaction size helped power solid same-store sales growth. Dollar General raised its full-year performance targets. 10 stocks we like better than Dollar General › Dollar General (NYSE: DG) stock surged in Tuesday's trading after the company posted better-than-expected first-quarter results. The retail specialist's share price ended the day's session up 15.9%. Dollar General published its first-quarter results after the market closed yesterday, and the company managed to significantly exceed Wall Street's sales and earnings targets for the period. In addition to topping sales and earnings expectations for the period, Dollar General also raised its full-year performance targets. Dollar General posted earnings per share of $1.78 on sales of $10.44 billion in Q1. The performance came in significantly better than the average analyst estimate, which had called for per-share earnings of $1.59 on revenue of $10.29 billion. Sales were up 5.3% year over year in the period, and same-store sales increased 2.4%. Earnings per share increased 7.9% year over year. Dollar General's sales saw a significant uptick in Q1 thanks to strong same-store performance and new retail openings. While the company also closed locations and saw a 0.3% decline in overall customer traffic, a 2.7% increase for average transaction size more than offset the impact. In conjunction with its strong Q1 report, Dollar General has raised its full-year guidance. The retail specialist now expects same-store sales growth for the year to be between 1.5% and 2.5% -- up from management's previous guidance for growth between 1.2% and 2.2%. Annual earnings per share are now projected to be between $5.20 and $5.80 -- up from previous guidance for a per-share profit between $5.10 and $5.80. Dollar General delivered a very strong quarter, but the stock's big pop today also reflects higher expectations going forward. Before you buy stock in Dollar General, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Dollar General wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,385!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $842,015!* Now, it's worth noting Stock Advisor's total average return is 987% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Dollar General Stock Soared Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
