After-Hours Stock Movers: PLTR, SNAP, ON, ICHR, WGS, WHR

After-Hours Stock Movers:

Palantir Technologies (NASDAQ: PLTR)

Palantir shares jumped 10% after delivering a Q2 beat, posting an EPS of $0.41 ($0.07 ahead of consensus) on $1.94 billion in revenue. Driven by demand for its Artificial Intelligence Platform (AIP), management raised its full-year 2026 revenue guidance to $8.15–$8.158 billion (comfortably above the $7.72 billion Wall Street estimate), alongside strong Q3 guidance.

Snap Inc. (NYSE: SNAP)

Snap rose 9.6% following a solid top-line Q2 performance, reporting an EPS of ($0.10) (beating the ($0.12) loss consensus) on $1.6 billion in revenue. The social media company also issued optimistic Q3 revenue guidance of $1.7–$1.74 billion, signaling stabilizing advertising demand and ongoing traction from its Snapchat+ subscription growth.

Backblaze (NASDAQ: BLZE)

Backblaze skyrocketed 16% after beating Q2 expectations across the board, posting an EPS of $0.08 on $42.71 million in revenue. The specialized cloud storage provider also provided a strong "beat-and-raise" outlook, raising its full-year 2026 revenue target to $172–$174 million (well ahead of the $162.3 million consensus) as enterprise migration to non-hyperscaler cloud solutions accelerates.

ON Semiconductor (NASDAQ: ON)

ON Semiconductor gained 5% after topping Q2 expectations with an EPS of $0.74 on $1.6 billion in revenue. The chipmaker issued upbeat Q3 targets, projecting EPS of $0.81–$0.93 and revenue up to $1.75 billion, reassuring investors that industrial and automotive power management demand is bottoming out.

Ichor Holdings (NASDAQ: ICHR)

Ichor shares dropped 11% despite delivering a Q2 beat ($0.34 EPS on $294.78 million in revenue) and issuing Q3 guidance that matched or exceeded analyst expectations. Profit-taking took hold following a recent multi-month run-up in semiconductor equipment suppliers, as traders looked for a larger upside guidance surprise.

GeneDx Holdings (NASDAQ: WGS)

GeneDx fell 7% after posting a wider-than-expected Q2 loss of ($0.28) per share, despite delivering revenue of $114.4 million that beat consensus targets. Investor sentiment was further dampened by light Q3 revenue guidance of $122–$124 million (below the $126 million estimate), overshadowing its reiterated full-year sales outlook.

Whirlpool Corporation (NYSE: WHR)

Whirlpool declined 4% after missing Q2 top- and bottom-line estimates, posting a loss of ($0.21) per share on $3.52 billion in revenue. While management issued a full-year EPS guidance range of $2.50–$3.00 that sat slightly above analyst consensus, soft housing market turnover and persistent consumer discretionary spending pressures continue to weigh on home appliance sales.

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