After-Hours Trading Highlights

Let’s take a look at some companies that are stirring up attention in after-hours trading.

Lucid Group saw its stock price dip over 4%. The electric vehicle maker reported a fourth-quarter loss that was worse than anticipated, coming in at $3.62 per share, even though sales exceeded expectations. Recently, Lucid also reduced its U.S. workforce by 12%.

Workday experienced a nearly 10% drop in shares after the AI-driven workplace platform projected first-quarter subscription revenue of $2.34 billion. This was a touch below analysts’ expectations of $2.35 billion. Additionally, the company’s forecasts for non-GAAP operating margins didn’t impress.

CoStar Group faced an 8% decline in stock price following a lower-than-expected outlook for the first quarter. The company anticipated adjusted earnings between 16 and 19 cents per share, while analysts had estimated 25 cents.

Cava Group, the Mediterranean restaurant chain, saw an 8% rise in shares after delivering better-than-expected results for the fourth quarter. They reported revenue of $275 million and earnings of 4 cents per share, surpassing analyst expectations of $268 million and 3 cents. For the first time, Cava also announced full-year sales exceeding $1 billion, with a forecast for 3% to 5% sales growth in 2026 for restaurants that have been open for at least a year.

First Solar experienced an 11% drop in shares due to fourth-quarter results and a lackluster outlook for the full year. The company earned $4.84 per share, which fell short of the $5.15 expected by analysts, but reported sales of $1.68 billion, exceeding the $1.56 billion consensus. Still, its full-year sales prediction of $4.9 billion to $5.2 billion was notably below the $6.12 billion anticipated.

Marketa saw a 6% decrease in stock price, as its full-year sales growth forecast of 12% to 14% fell short of Wall Street’s expectations, which called for 17.6% growth.

MercadoLibre, an e-commerce company from Uruguay, experienced a slight increase of about 2%. Their fourth-quarter profit didn’t quite meet expectations, but net sales of $8.76 billion surpassed the $8.47 billion forecast.

Axon Enterprise, known for Taser weapons, jumped 15% in shares. The company projected a year-over-year sales growth of 27% to 30% for 2026, slightly above the 25.8% anticipated by analysts. Fourth-quarter adjusted earnings were reported at $2.15 per share with revenue of $797 million, which beat estimates of $1.60 per share and $755 million.