Catalyst Calendar - March 03, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **Target (TGT)** - Result: Reported Q4 2025 earnings beat expectations with strong EPS and margin gains despite softer sales; outlined a strategic plan for growth in 2026 including $2B incremental investment and over 30 new store openings. - Market reaction: Shares rose 6.38% to $120.39, signaling investor confidence in turnaround efforts. - **CrowdStrike (CRWD)** - Result: Posted record ARR growth in Q4 FY2026 but stock slipped after hours due to roughly in-line guidance. - Market reaction: Slight after-hours weakness despite strong subscription metrics. - **Black Rock Coffee (BRCC)** - Result: Q4 2025 earnings doubled forecasts, driving a surge in the stock. - Market reaction: Shares jumped 23.95% to $0.80, reflecting strong investor enthusiasm. - **Accenture (ACN)** - Result: Presented at Morgan Stanley Conference highlighting AI innovations driving growth; shares gained 1.92% to $209.89. - Market reaction: Positive sentiment around AI strategy. - **Amkor Technology (AMKR)** - Result: Discussed strategic expansion at Morgan Stanley Conference; shares fell 7.71% to $44.12 amid broader semiconductor weakness. - Market reaction: Negative price action despite strategic outlook. - **Astera Labs (ALAB)** - Result: Presented at Morgan Stanley Conference; shares declined 8.92% to $109.80, pressured by semiconductor sector selloff. - Market reaction: Sector headwinds outweighed company-specific news. - **MongoDB (MDB)** - Result: Q4 earnings missed with weak forecast reviving concerns; shares tumbled 22.45% to $252.06. - Market reaction: Significant selloff on disappointing guidance and sector rotation away from software. - **Plug Power (PLUG)** - Result: Q4 earnings beat revenue estimates; shares surged 22.10% to $2.21. - Market reaction: Strong rally on operational improvement. - **Pinterest (PINS)** - Result: Announced $1 billion strategic investment from Elliott Management and a new $3.5 billion share repurchase program. - Market reaction: Shares jumped 9.27% to $19.10, reflecting investor approval of activist backing and buyback. - **Ross Stores (ROST)** - Result: Q4 earnings beat by $0.12, revenue topped estimates; forecasted annual sales above estimates. - Market reaction: Shares rose 3.73% to $209.85, boosted by optimistic outlook. - **Welltower (WELL)** - Result: Presented at Citi's Miami Global Property CEO Conference; shares declined 1.03% to $208.00 amid mixed REIT sentiment. - Market reaction: Modest weakness despite strategic updates. - **NICE Ltd. (NICE)** - Result: Presented at Morgan Stanley Conference; shares gained 5.30% to $122.55, supported by strong growth prospects. - Market reaction: Positive investor response to growth narrative. - **Nuvation Bio (NUVB)** - Result: Q4 earnings transcript released; shares plunged 24.14% to $4.43. - Market reaction: Sharp decline likely due to earnings disappointment or pipeline concerns. - **On Holding (ONON)** - Result: Q4 net sales jumped; however, 2026 revenue outlook fell short of estimates; shares fell 6.97% to $43.50. - Market reaction: Mixed operational results led to stock pullback. - **Harrow (HROW)** - Result: Q4 earnings call highlighted; shares collapsed 27.23% to $39.00 after recent strong run. - Market reaction: Profit-taking or earnings concerns triggered sharp drop. - **Lumentum (LITE)** - Result: Presented at Morgan Stanley Conference; shares dropped 12.44% to $685.80 amid semiconductor selloff. - Market reaction: Sector weakness overshadowed company presentation. - **Teradyne (TER)** - Result: Presented at Morgan Stanley Conference; shares declined 7.93% to $300.00. - Market reaction: Pressure from semiconductor sector dynamics. - **Scholarly Rock (SRRK)** - Result: Q4 earnings call showed 3.5% gain to $45.00, reflecting positive reception to debt facility and pipeline progress. - Market reaction: Modest rally on strategic updates. - **WEX (WEX)** - Result: Presented at Raymond James Conference; shares gained 3.59% to $163.68, supported by AI-focused growth strategy. - Market reaction: Positive investor sentiment. - **Ziff Davis (ZD)** - Result: Discussed sale of connectivity business to Accenture; shares soared 48.23% to $41.52. - Market reaction: Strong market reaction to strategic divestiture and implications. - **American Homes 4 Rent (AMH)** - Result: Presented at Citi’s Miami Conference; shares up 0.27% to $29.84. - Market reaction: Stable performance amid mixed housing market. - **American Integrity Insurance Group (AIG)** - data not available. - **Abbott Laboratories (ABT)** - Shares down 0.45% to $113.61 despite no specific earnings news today. - **Apple (AAPL)** - Shares down 0.54% to $263.29 despite new MacBook product launch and AI chip updates. - **Amazon (AMZN)** - Shares down 0.29% to $207.79 amid drone strike disruptions in UAE and Bahrain data centers. ## Surprise News Today Unexpected developments that moved markets: - **$NUVB** - Shares plunged 24.14% on Q4 earnings transcript release, indicating investor disappointment or pipeline concerns. - **$MDB** - MongoDB shares tumbled 22.45% after weak forecast revived software sector worries, despite a Q4 earnings beat. - **$ZD** - Ziff Davis shares surged 48.23% following announcement of connectivity business sale to Accenture, signaling strong strategic repositioning. - **$BRCC** - Black Rock Coffee shares jumped 23.95% after earnings doubled forecasts, surprising the market. - **$PLUG** - Plug Power surged 22.10% on Q4 revenue beat, defying broader market weakness in energy stocks. - **$TREE** - Shares soared 24.70% on strong Q4 earnings, highlighting investor enthusiasm for growth prospects. - **$PINS** - Pinterest shares jumped 9.27% after Elliott Management’s $1 billion investment and a $3.5 billion buyback authorization. - **$HROW** - Shares collapsed 27.23% after a strong run, suggesting profit-taking or earnings concerns. - **$ONON** - On Holding shares fell 6.97% after 2026 revenue guidance missed estimates. - **$ALAB** - Astera Labs shares dropped 8.92% despite conference presentation, pressured by sector selloff. ## After-Hours Catalysts Earnings and events happening tonight: - **CrowdStrike (CRWD)** - Watch for further market reaction to Q4 earnings and guidance after hours. - **MongoDB (MDB)** - Monitor for continued volatility following earnings miss and guidance concerns. - **Plug Power (PLUG)** - Watch for sustained momentum after strong Q4 revenue beat. - **Pinterest (PINS)** - Investors will track impact of activist investment and buyback program on stock performance. - **Ziff Davis (ZD)** - Market will assess strategic implications of connectivity business sale to Accenture. - **American Homes 4 Rent (AMH)** - Earnings presentation at Citi’s Miami Conference to be reviewed. - **Astera Labs (ALAB)** - Conference presentation details may influence after-hours trading. - **Accenture (ACN)** - AI innovation updates from conference to be digested. - **Amkor Technology (AMKR)** - Strategic expansion focus at Morgan Stanley Conference to be evaluated. - **Astera Labs (ALAB)** - Morgan Stanley Conference presentation may provide further insights. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **Target (TGT) Q4 2025 Earnings Call Transcript** - Time: Not specified - Watch for detailed commentary on strategic plan execution and margin outlook. - **Ross Stores (ROST) Q4 2025 Earnings Transcript** - Time: Not specified - Watch for sales growth outlook and margin trends. - **Pinterest (PINS) Q4 2025 Earnings Call Transcript** - Time: Not specified - Focus on impact of activist investment and buyback program. - **Plug Power (PLUG) Q4 2025 Earnings Call Transcript** - Time: Not specified - Monitor operational updates and guidance. - **CrowdStrike (CRWD) Q4 2026 Earnings Transcript** - Time: Not specified - Watch for subscription growth and margin guidance. - **American Homes 4 Rent (AMH) Q4 2025 Earnings Call Transcript** - Time: Not specified - Focus on housing market conditions and dividend outlook. - **Astera Labs (ALAB) Q4 2025 Earnings Call Transcript** - Time: Not specified - Review semiconductor sector outlook and AI-related growth. - **On Holding (ONON) Q4 2025 Earnings Call Transcript** - Time: Not specified - Watch for revenue guidance and margin commentary. - **Harrow (HROW) Q4 2025 Earnings Call Transcript** - Time: Not specified - Monitor for explanation behind sharp stock drop. - **Lumentum (LITE) Q4 2025 Earnings Call Transcript** - Time: Not specified - Focus on semiconductor demand and AI optics growth. - **Teradyne (TER) Q4 2025 Earnings Call Transcript** - Time: Not specified - Watch for AI opportunity updates and supply chain outlook. ## This Week Ahead Other catalysts coming this week: - No additional confirmed dates mentioned beyond tomorrow’s earnings calls and conference presentations. ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **$TGT** - Catalyst: Strong Q4 earnings beat, margin gains, and aggressive 2026 growth plan including $2B incremental investment and new store openings. - Thesis: Despite recent sales softness, Target’s strategic overhaul and capital deployment signal a potential turnaround, supported by positive analyst sentiment and a rising stock price. The upcoming earnings call transcript will provide further clarity on execution, making it a high-conviction setup for investors seeking retail sector exposure amid market volatility.