Autodesk Soars 6% on Strong Earnings Beat as 20 Stocks Make Premarket Moves

MarketDash Editorial Team
12 days ago
Autodesk jumped after crushing quarterly expectations, while Urban Outfitters and Petco also rallied on earnings beats. Meanwhile, Nutanix plunged after cutting guidance and HP slipped on weak forward outlook.

Autodesk Inc. (ADSK) had a pretty good morning. Shares of the design software company jumped more than 6% in premarket trading after delivering quarterly results that handily beat Wall Street's expectations.

The company reported third-quarter revenue of $1.85 billion, up 18% year-over-year and comfortably ahead of the $1.81 billion analysts were expecting. Adjusted earnings came in at $2.67 per share, crushing the consensus estimate of $2.50 per share. When you beat on both the top and bottom lines like that, investors tend to notice.

Autodesk shares climbed 6.1% to $312.50 in premarket action, setting up what could be a strong trading day for the software maker.

But Autodesk wasn't the only stock making moves before the opening bell. Here's a look at some of the other notable premarket movers.

The Winners

Mobile-Health Network Solutions (MNDR) absolutely exploded higher, surging 45.4% to $2.76 in premarket trading. The Singapore-based company submitted a filing on Monday with the Securities and Exchange Commission to increase its at-the-market offering capacity to $2.26 million from $1.25 million.

Inno Holdings Inc. (INHD) jumped 29.5% to $0.35 in premarket trading after dropping 44% on Tuesday. INNO Digital recently signed a memorandum of understanding with Megabyte Solutions to jointly develop applications of Web3 technology.

KALA BIO Inc. (KALA) gained 24.1% to $0.79 in premarket action. Last week, the Massachusetts-based biopharmaceutical company entered into a Securities Purchase Agreement with investor David Lazar to raise up to $6 million through a private placement, according to a Securities and Exchange Commission Form 8-K filing.

Wellgistics Health Inc. (WGRX) rose 18.2% to $0.65 in premarket trading. Datavault AI granted Wellgistics Health an exclusive license to its proprietary smart-contract intellectual property for use in Wellgistics' pharmacychain and einsteinrx platforms.

Urban Outfitters Inc. (URBN) climbed 17.4% to $80.19 in premarket trading after the apparel retailer reported third-quarter EPS and sales that topped analyst estimates.

Boqii Holding Ltd. (BQ) advanced 11% to $1.95 in premarket trading after declining 4% on Tuesday.

Nomadar Corp. (NOMA) rose 9.6% to $7.99 in premarket trading after falling 10% on Tuesday.

Mesoblast Ltd. (MESO) gained 6.8% to $17.15 in premarket trading. Jefferies analyst David Stanton on Tuesday upgraded Mesoblast from Hold to Buy.

Petco Health and Wellness Company Inc. (WOOF) gained 8.1% to $3.21 in premarket trading after the pet retailer reported better-than-expected third-quarter EPS results.

The Losers

Nutanix Inc. (NTNX) had a rough morning, tumbling 16.8% to $48.86 in premarket trading. The cloud computing company reported worse-than-expected first-quarter financial results and cut its FY26 sales guidance below estimates. That's not the combination investors want to see.

Biomx Inc. (PHGE) declined 13.2% to $5.00 in premarket trading after the company issued an update on BX004 Phase 2b trial in cystic fibrosis.

Kaixin Holdings (KXIN) shares dipped 12.1% to $0.18 in premarket trading. Kaixin announced a 1-for-30 reverse stock split, effective December 1.

Deswell Industries Inc. (DSWL) fell 11.5% to $3.28 in premarket trading.

Pharmacyte Biotech Inc. (PMCB) fell 9% to $0.81 in premarket trading. PharmaCyte Biotech shares had jumped 37% on Tuesday after the company announced monetization of its stake in Femasys.

Jiayin Group Inc. ADR (JFIN) dipped 7.8% to $6.83 in premarket trading.

Zscaler Inc. (ZS) fell 7.2% to $269.00 in premarket trading as the cybersecurity company reported financial results for the first quarter.

Ambarella Inc. (AMBA) fell 6.7% to $84.84 in premarket trading after posting quarterly results.

Pagerduty Inc. (PD) dipped 5.8% to $14.30 in premarket trading after the company reported mixed third-quarter financial results and lowered its FY26 sales guidance below estimates.

HP Inc. (HPQ) fell 5.7% to $22.94 in premarket trading after the company issued first-quarter EPS guidance with a midpoint below estimates. Even solid companies can struggle when the forward outlook disappoints.

Autodesk Soars 6% on Strong Earnings Beat as 20 Stocks Make Premarket Moves

MarketDash Editorial Team
12 days ago
Autodesk jumped after crushing quarterly expectations, while Urban Outfitters and Petco also rallied on earnings beats. Meanwhile, Nutanix plunged after cutting guidance and HP slipped on weak forward outlook.

Autodesk Inc. (ADSK) had a pretty good morning. Shares of the design software company jumped more than 6% in premarket trading after delivering quarterly results that handily beat Wall Street's expectations.

The company reported third-quarter revenue of $1.85 billion, up 18% year-over-year and comfortably ahead of the $1.81 billion analysts were expecting. Adjusted earnings came in at $2.67 per share, crushing the consensus estimate of $2.50 per share. When you beat on both the top and bottom lines like that, investors tend to notice.

Autodesk shares climbed 6.1% to $312.50 in premarket action, setting up what could be a strong trading day for the software maker.

But Autodesk wasn't the only stock making moves before the opening bell. Here's a look at some of the other notable premarket movers.

The Winners

Mobile-Health Network Solutions (MNDR) absolutely exploded higher, surging 45.4% to $2.76 in premarket trading. The Singapore-based company submitted a filing on Monday with the Securities and Exchange Commission to increase its at-the-market offering capacity to $2.26 million from $1.25 million.

Inno Holdings Inc. (INHD) jumped 29.5% to $0.35 in premarket trading after dropping 44% on Tuesday. INNO Digital recently signed a memorandum of understanding with Megabyte Solutions to jointly develop applications of Web3 technology.

KALA BIO Inc. (KALA) gained 24.1% to $0.79 in premarket action. Last week, the Massachusetts-based biopharmaceutical company entered into a Securities Purchase Agreement with investor David Lazar to raise up to $6 million through a private placement, according to a Securities and Exchange Commission Form 8-K filing.

Wellgistics Health Inc. (WGRX) rose 18.2% to $0.65 in premarket trading. Datavault AI granted Wellgistics Health an exclusive license to its proprietary smart-contract intellectual property for use in Wellgistics' pharmacychain and einsteinrx platforms.

Urban Outfitters Inc. (URBN) climbed 17.4% to $80.19 in premarket trading after the apparel retailer reported third-quarter EPS and sales that topped analyst estimates.

Boqii Holding Ltd. (BQ) advanced 11% to $1.95 in premarket trading after declining 4% on Tuesday.

Nomadar Corp. (NOMA) rose 9.6% to $7.99 in premarket trading after falling 10% on Tuesday.

Mesoblast Ltd. (MESO) gained 6.8% to $17.15 in premarket trading. Jefferies analyst David Stanton on Tuesday upgraded Mesoblast from Hold to Buy.

Petco Health and Wellness Company Inc. (WOOF) gained 8.1% to $3.21 in premarket trading after the pet retailer reported better-than-expected third-quarter EPS results.

The Losers

Nutanix Inc. (NTNX) had a rough morning, tumbling 16.8% to $48.86 in premarket trading. The cloud computing company reported worse-than-expected first-quarter financial results and cut its FY26 sales guidance below estimates. That's not the combination investors want to see.

Biomx Inc. (PHGE) declined 13.2% to $5.00 in premarket trading after the company issued an update on BX004 Phase 2b trial in cystic fibrosis.

Kaixin Holdings (KXIN) shares dipped 12.1% to $0.18 in premarket trading. Kaixin announced a 1-for-30 reverse stock split, effective December 1.

Deswell Industries Inc. (DSWL) fell 11.5% to $3.28 in premarket trading.

Pharmacyte Biotech Inc. (PMCB) fell 9% to $0.81 in premarket trading. PharmaCyte Biotech shares had jumped 37% on Tuesday after the company announced monetization of its stake in Femasys.

Jiayin Group Inc. ADR (JFIN) dipped 7.8% to $6.83 in premarket trading.

Zscaler Inc. (ZS) fell 7.2% to $269.00 in premarket trading as the cybersecurity company reported financial results for the first quarter.

Ambarella Inc. (AMBA) fell 6.7% to $84.84 in premarket trading after posting quarterly results.

Pagerduty Inc. (PD) dipped 5.8% to $14.30 in premarket trading after the company reported mixed third-quarter financial results and lowered its FY26 sales guidance below estimates.

HP Inc. (HPQ) fell 5.7% to $22.94 in premarket trading after the company issued first-quarter EPS guidance with a midpoint below estimates. Even solid companies can struggle when the forward outlook disappoints.