Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 23.1% year on year to $1.24 billion. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $5.19 billion at the midpoint. Its GAAP profit of $1 per share was 1.9% above analysts’ consensus estimates.
Network application delivery and security specialist F5 (NASDAQ:FFIV) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 7.3% year on year to $731.1 million. Guidance for next quarter’s revenue was better than expected at $750 million at the midpoint, 1.6% above analysts’ estimates. Its non-GAAP profit of $3.42 per share was 10.1% above analysts’ consensus estimates.
Manufacturing company Leggett & Platt (NYSE:LEG) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 6.8% year on year to $1.02 billion. On the other hand, the company’s full-year revenue guidance of $4.15 billion at the midpoint came in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.24 per share was 10.3% above analysts’ consensus estimates.
Investors are still looking to potential trade deals to offer some certainty moving forward.
Boeing shares rose Monday after the manufacturer got two pieces of good news as its stock was upgraded by Bernstein analysts, and the company's deal to reacquire Spirit AeroSystems cleared another hurdle.
Aerospace and defense company Woodward (NASDAQ:WWD) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 5.8% year on year to $883.6 million. The company’s full-year revenue guidance of $3.44 billion at the midpoint came in 1% above analysts’ estimates. Its non-GAAP profit of $1.69 per share was 15.4% above analysts’ consensus estimates.
Electronics manufacturing services company Sanmina (NASDAQ:SANM) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 8.1% year on year to $1.98 billion. On the other hand, next quarter’s revenue guidance of $1.98 billion was less impressive, coming in 4.4% below analysts’ estimates. Its non-GAAP profit of $1.41 per share was 2.5% above analysts’ consensus estimates.
Shares of exercise equipment company Peloton (NASDAQ:PTON) jumped 6.4% in the pre-market session after Truist analysts upgraded the stock's rating from Hold to Buy, signaling renewed confidence in the company's turnaround efforts. In their note, the firm emphasized that more than three years after initially downgrading Peloton, they saw tangible improvements in the company's fundamentals.
Truist analysts Monday upgraded Peloton stock to "buy" from "hold" and set a price target of $11, above the average target on Wall Street of $10.20, according to Visible Alpha.
Meta shares were holding steady Monday as the Facebook and Instagram parent prepares to report first-quarter results after Wednesday’s closing bell. Monitor these key chart levels.