Up:

Lyft Shares Rise on Upgrade

Lyft  shares rose by 5% after it forecast annual booking growth. Gordon Haskett upgraded the stock to a "Buy" rating. The ride-sharing company has an average investment rating of "outperform" among analysts, with price targets ranging from $15 to $26. 

Down:

Vail Resorts Shares Slump on Earnings Miss

Vail Resorts shares dropped more than 12% after the company reported fiscal Q3 earnings of $9.54 per diluted share, missing the expected $10.03. Revenue for the quarter was $1.28 billion, falling short of the anticipated $1.30 billion. Additionally, Vail Resorts lowered its full-year net income guidance to a range of $224 million to $256 million, down from the previous $270 million to $325 million. The company maintained its quarterly dividend, but the disappointing earnings and reduced guidance led to a decline in the stock price.

DocuSign Shares Fall After Earnings Report

DocuSign shares fell more than 8% in after-hours trading despite reporting fiscal Q1 non-GAAP earnings of $0.82 per diluted share, which surpassed analysts' expectations of $0.79. The company also reported revenue of $709.6 million, exceeding the anticipated $707.4 million. However, the fiscal Q2 revenue outlook of $725 million to $729 million was in line with expectations, and the full-year sales forecast of $2.92 billion to $2.93 billion matched analysts' predictions. 

Samsara Shares Drop on Valuation Concerns

Samsara saw its shares fall 13% despite reporting a swing to fiscal Q1 non-GAAP net income of $0.03 per share, beating the expected $0.01. Revenue also surpassed expectations, coming in at $280.7 million compared to the anticipated $272.4 million. However, Truist Securities lowered its price target for the company from $38 to $35, citing valuation concerns. While the analysts acknowledged the company's strong performance and potential for long-term growth, they could not justify new investments at current prices, leading to a decline in the stock.