Check out the companies making the biggest moves in premarket trading: Target — The retailer fell nearly 3% after cutting its full-year profit outlook. The company said it expects earnings per share to be in the range of $7 to $8. Target had previously expected full-year earnings to be between $7 and $9 per share. Lowe’s — The home improvement giant rose 6% after reporting third-quarter profit that beat analyst estimates. The company’s adjusted earnings were $3.06 per share, beating LSEG’s estimate of $2.97 per share. La-Z-Boy — Shares soared 10% after the furniture retailer and manufacturer’s strong second-quarter results. La-Z-Boy’s adjusted earnings per share were 71 cents, beating the 54 cents per share expected by analysts surveyed by FactSet. La-Z-Boy’s revenue also beat expectations, coming in at $522.5 million versus the consensus estimate of $517.6 million. Viking — The river cruise operator posted strong third-quarter sales with a 2% profit. Viking’s revenue was $2.0 billion, compared to the consensus estimate of $1.99 billion, according to FactSet. Adjusted EBITDA was $703.5 million, exceeding analyst expectations of $682.2 million. The company’s adjusted EPS was in line with expectations. Bullish — Cryptocurrency exchange rose 2% after releasing third-quarter financial results. Bullish, which went public in August, had adjusted sales of $76.5 million, beating the $72.9 million expected by analysts polled by FactSet. Adjusted EBITDA also exceeded expectations. TJX — The parent company of the TJ Maxx and Marshalls retail chains reported third-quarter earnings of $1.28 per share and revenue of $15.12 billion, beating LSEG consensus estimates for EPS of $1.22 and revenue of $14.85 billion. The stock price rose 2.6%. Valvoline — Automotive service provider rose 2% on strong revenue outlook. The company expects fiscal year sales to be between $2 billion and $2.1 billion. This is higher than FactSet’s forecast of $1.93 billion. However, Valvoline missed its fiscal fourth quarter adjusted earnings and sales, and its adjusted earnings outlook for the fiscal year also fell short of consensus expectations. Constellation Energy — Shares rose 3% after the company received a $1 billion loan from the U.S. government to restart the Crane Clean Energy Center. ON Semiconductor — Semiconductor stock rose 3%. ON’s board of directors has approved a $6 billion share repurchase program over the next three years starting in early 2026. DoorDash — The food delivery company saw its stock price rise more than 2% after Jefferies upgraded the stock to “buy.” The Wall Street firm said DoorDash’s 2026 outlook helped lower expectations and provided flexibility for both long-term investing and upside potential to consensus. Plug Power — The hydrogen fuel cell developer fell 20% after announcing plans to issue $375 million in senior convertible notes due in 2033. —CNBC’s Fred Imbert, Yun Li, Alex Harring, Lisa Han and Liz Napolitano contributed reporting.
