After-Hours Movers: QCOM, COHR, APP, HUBS, SNAP, FSLY, FIG, ZG, BROS, CDE

After-Hours Movers:

Qualcomm (QCOM)

Qualcomm shares fell 7% in post-market trading despite meeting third-quarter bottom-line estimates and beating on revenue. The mobile chipset leader reported Q4 EPS of $2.17 (in line with expectations) on revenue of $10.44 billion versus $10.14 billion consensus. However, forward guidance weighed on sentiment: management projected Q1 fiscal 2027 EPS of $2.15–$2.35 (midpoint of $2.25 trailing the $2.27 Street consensus) on revenue of $10.4–$11.2 billion, as investors digested ongoing mobile market maturity and competitive pressure in automotive and IoT silicon.

Coherent, Inc. (COHR)

Coherent rose 5% after hours following a clean fiscal first-quarter beat-and-raise report. The photonics and optical networking systems provider posted adjusted Q1 EPS of $2.09 (beating the $2.02 consensus) on top-line results exceeding expectations. Management issued strong Q2 guidance, forecasting EPS of $2.28–$2.48 (midpoint above the $2.24 consensus) and revenue of $2.55–$2.75 billion, buoyed by expanding transceiver and datacom optical component demand tied to AI data center buildouts.

AppLovin (APP)

AppLovin surged 21% after hours after delivering a blowout third-quarter report and strong forward guidance. The mobile adtech and software platform posted Q3 EPS of $4.30 (beating the $4.04 analysts’ estimate) on revenue of $2.18 billion versus $2.08 billion expected. Management projected fourth-quarter revenue of $2.37–$2.40 billion (well ahead of the $2.25 billion Street consensus), propelled by accelerated adoption and high-margin monetization across its AXON AI-powered advertising engine.

HubSpot (HUBS)

HubSpot dropped 4% following weak fourth-quarter forward guidance that overshadowed a strong Q3 beat. The inbound marketing and CRM software maker reported Q3 EPS of $3.81 (trouncing the $3.27 estimate) on revenue of $947.6 million versus $925.31 million consensus. However, management forecast Q4 EPS of $3.85–$3.87 (below the $4.09 consensus) on revenue of $945–$947 million (trailing the $964.9 million expectation), as cautious small-to-midsize business software spending and elongated sales cycles dampened near-term expansion.

Snap Inc. (SNAP)

Snap slid 9% after delivering mixed third-quarter results. The social media company posted adjusted Q3 EPS of $0.03 (topping the $0.01 estimate), but revenue of $1.72 billion narrowly missed the $1.73 billion consensus. While management guided Q4 revenue to $1.95–$1.99 billion (midpoint in line with the $1.96 billion Street target) and adjusted EBITDA to $490–$525 million, persistent advertiser pricing volatility and competition from larger digital ad platforms kept investors cautious.

Fastly, Inc. (FSLY)

Fastly slid 14% despite reporting a third-quarter beat-and-raise. The edge cloud and CDN provider posted adjusted Q3 EPS of $0.17 (topping the $0.12 consensus) on revenue of $190.2 million, and guided Q4 revenue to $198–$202 million with EPS of $0.16–$0.18 (both above Street expectations). Despite the operational improvements, shares faced aggressive post-earnings profit-taking following a multi-month valuation run-up.

Figma (FIG)

Figma slipped 6% in extended trade after its third-quarter report. The collaborative design and product development platform posted adjusted EPS of $0.10 (beating the $0.05 consensus) on revenue of $391.4 million (up from $375.1 million a year ago). However, higher ongoing operating investments into enterprise security, developer workflows, and generative design tools weighed on immediate valuation multiples.

Zillow Group (ZG)

Zillow plummeted 16% after reporting a third-quarter top- and bottom-line miss and issuing a downbeat fourth-quarter outlook. The residential real estate platform posted Q3 EPS of $0.55 (missing the $0.59 consensus) on revenue of $724 million versus $754.4 million expected. Management guided Q4 revenue to $635–$665 million (substantially below the $708.6 million Street estimate), as elevated mortgage rates, suppressed housing turnover, and reduced premier agent advertising budgets pressured top-line growth.

Dutch Bros Inc. (BROS)

Dutch Bros plunged 17% after hours after slightly trimming full-year revenue expectations. The drive-thru beverage chain reported Q3 EPS of $0.25 (beating by $0.01) on revenue of $549.84 million. However, management reiterated full-year 2026 revenue of approximately $2.1 billion, trailing the $2.131 billion consensus estimate, as softer afternoon beverage traffic and heightened promotional competition impacted same-store sales trajectories.

Coeur Mining (CDE)

Coeur Mining dropped 6% after sharply missing third-quarter analysts’ targets. The precious metals producer posted Q3 EPS of $0.10 (missing the $0.20 consensus estimate by half) on revenue of $983.62 million versus the $1.24 billion expectation. Elevated operational costs at expanded mill operations and lower-than-anticipated realized commercial throughput weighed heavily on quarterly profitability.