Simulations Plus Crushes Earnings Expectations as Tech and Industrial Stocks Rally Tuesday

MarketDash Editorial Team
6 days ago
Simulations Plus soared 15.7% after beating earnings estimates by a wide margin, while MongoDB, Credo Technology, and Boeing led a broad rally across tech and industrial sectors on Tuesday.

U.S. markets extended their positive momentum Tuesday, with the Dow Jones climbing around 150 points as investors digested a wave of earnings beats and forward-looking guidance from companies across multiple sectors.

Leading the charge was Simulations Plus Inc. (SLP), which delivered a stunning earnings surprise that sent shares soaring during Tuesday's trading session.

Simulations Plus Delivers Major Earnings Beat

The software company reported fourth-quarter earnings of 10 cents per share, crushing analyst expectations that had called for a loss of 5 cents per share. That's a 15-cent swing in the positive direction. Revenue came in at $17.500 million, topping the consensus estimate of $17.095 million.

Simulations Plus shares jumped 15.7% to $19.80 as investors rewarded the company's better-than-expected performance.

MongoDB and Credo Lead Tech Sector Gains

The technology sector saw particularly strong gains, with Mongodb Inc (MDB) surging 25.1% to $411.46 after reporting better-than-expected third-quarter financial results. The database platform company also raised its FY26 guidance above analyst estimates, giving investors additional confidence in the company's growth trajectory.

Credo Technology Group Holding Ltd (CRDO) wasn't far behind, climbing 19.2% to $204.03. The company reported second-quarter results that beat expectations and issued third-quarter sales guidance above what Wall Street had anticipated.

Other Notable Movers

Several other stocks posted impressive gains during Tuesday's session:

Meihua International Medical Tech Co Ltd (MHUA) gained 10.3% to $15.00, while AXT Inc (AXTI) climbed 12% to $12.08.

United Natural Foods Inc (UNFI) jumped 12% to $38.47 following the release of its quarterly results. The natural and organic foods distributor saw strong investor response to its latest financial report.

TMC the metals company Inc (TMC) rose 11.7% to $7.03, continuing its recent momentum in the metals and mining space.

T1 Energy Inc (TE) shares jumped 10.6% to $4.94 after Johnson Rice analyst Martin Malloy initiated coverage with a Buy rating and announced a price target of $8, representing significant upside from current levels.

Regencell Bioscience Holdings Ltd (RGC) gained 10.3% to $13.18, while Eve Holding Inc (EVEX) added 10.1% to $4.59. Eve Air Mobility announced it had selected BETA Technologies as its Pusher Motor Supplier, a partnership that investors viewed favorably.

Boeing Climbs on Production Outlook

Boeing Co (BA) rose 8.4% to $202.15 after the aerospace giant reportedly said it expects a year-over-year increase in its FY26 deliveries of its 737 and 787 models. The company also indicated that the Department of Justice penalty will flip into 2026, and confirmed it will complete its Spirit acquisition this year. The combination of increased production guidance and clarity on the acquisition timeline gave investors reasons to be optimistic.

Energy and Infrastructure Stocks Join the Rally

Bloom Energy Corp (BE) gained 8.3% to $107.09, while Centuri Holdings Inc (CTRI) climbed 8.1% to $23.99 as infrastructure and energy stocks participated in the broader market rally.

TryHard Holdings Ltd (THH) rose 7.6% to $16.12, and Cosan SA – ADR (CSAN) gained 7.5% to $5.28, rounding out a day of widespread gains across sectors.

The broad-based rally Tuesday reflected investor optimism as companies continued to report earnings that exceeded lowered expectations, suggesting that corporate America may be navigating economic headwinds better than feared.

Simulations Plus Crushes Earnings Expectations as Tech and Industrial Stocks Rally Tuesday

MarketDash Editorial Team
6 days ago
Simulations Plus soared 15.7% after beating earnings estimates by a wide margin, while MongoDB, Credo Technology, and Boeing led a broad rally across tech and industrial sectors on Tuesday.

U.S. markets extended their positive momentum Tuesday, with the Dow Jones climbing around 150 points as investors digested a wave of earnings beats and forward-looking guidance from companies across multiple sectors.

Leading the charge was Simulations Plus Inc. (SLP), which delivered a stunning earnings surprise that sent shares soaring during Tuesday's trading session.

Simulations Plus Delivers Major Earnings Beat

The software company reported fourth-quarter earnings of 10 cents per share, crushing analyst expectations that had called for a loss of 5 cents per share. That's a 15-cent swing in the positive direction. Revenue came in at $17.500 million, topping the consensus estimate of $17.095 million.

Simulations Plus shares jumped 15.7% to $19.80 as investors rewarded the company's better-than-expected performance.

MongoDB and Credo Lead Tech Sector Gains

The technology sector saw particularly strong gains, with Mongodb Inc (MDB) surging 25.1% to $411.46 after reporting better-than-expected third-quarter financial results. The database platform company also raised its FY26 guidance above analyst estimates, giving investors additional confidence in the company's growth trajectory.

Credo Technology Group Holding Ltd (CRDO) wasn't far behind, climbing 19.2% to $204.03. The company reported second-quarter results that beat expectations and issued third-quarter sales guidance above what Wall Street had anticipated.

Other Notable Movers

Several other stocks posted impressive gains during Tuesday's session:

Meihua International Medical Tech Co Ltd (MHUA) gained 10.3% to $15.00, while AXT Inc (AXTI) climbed 12% to $12.08.

United Natural Foods Inc (UNFI) jumped 12% to $38.47 following the release of its quarterly results. The natural and organic foods distributor saw strong investor response to its latest financial report.

TMC the metals company Inc (TMC) rose 11.7% to $7.03, continuing its recent momentum in the metals and mining space.

T1 Energy Inc (TE) shares jumped 10.6% to $4.94 after Johnson Rice analyst Martin Malloy initiated coverage with a Buy rating and announced a price target of $8, representing significant upside from current levels.

Regencell Bioscience Holdings Ltd (RGC) gained 10.3% to $13.18, while Eve Holding Inc (EVEX) added 10.1% to $4.59. Eve Air Mobility announced it had selected BETA Technologies as its Pusher Motor Supplier, a partnership that investors viewed favorably.

Boeing Climbs on Production Outlook

Boeing Co (BA) rose 8.4% to $202.15 after the aerospace giant reportedly said it expects a year-over-year increase in its FY26 deliveries of its 737 and 787 models. The company also indicated that the Department of Justice penalty will flip into 2026, and confirmed it will complete its Spirit acquisition this year. The combination of increased production guidance and clarity on the acquisition timeline gave investors reasons to be optimistic.

Energy and Infrastructure Stocks Join the Rally

Bloom Energy Corp (BE) gained 8.3% to $107.09, while Centuri Holdings Inc (CTRI) climbed 8.1% to $23.99 as infrastructure and energy stocks participated in the broader market rally.

TryHard Holdings Ltd (THH) rose 7.6% to $16.12, and Cosan SA – ADR (CSAN) gained 7.5% to $5.28, rounding out a day of widespread gains across sectors.

The broad-based rally Tuesday reflected investor optimism as companies continued to report earnings that exceeded lowered expectations, suggesting that corporate America may be navigating economic headwinds better than feared.