SNOW Leads Surge After EPS Revision: +57.8%; APP, ARM, HBM, NET Also Rally
Snowflake (SNOW) soared 57.8% after an upward EPS revision from 35.0% to 36.0% on May 26, leading a broad software rally. Other top gainers include Arm Holdings (ARM) +33.4%, AppLovin (APP) +27.4%, Hudbay Minerals (HBM) +25.4%, and Cloudflare (NET) +25.3%, each driven by EPS estimate upgrades detected by our screener. The moves highlight strong momentum in technology and basic materials sectors.
| Ticker | Sector | Detected | EPS Revision | Gain Since Detection |
|---|---|---|---|---|
| SNOW | Technology | 2026-05-26 | +1.0pp | +57.8% |
| ARM | Technology | 2026-05-24 | +0.5pp | +33.4% |
| APP | Communication Services | 2026-05-24 | +0.1pp | +27.4% |
| HBM | Basic Materials | 2026-05-24 | +4.1pp | +25.4% |
| NET | Technology | 2026-05-25 | +0.1pp | +25.3% |
Why did SNOW stock jump in June 2026?
SNOW jumped 57.8% (from $177.60 to $280.16) after analysts raised its forward EPS growth estimate from 35.0% to 36.0% on May 26.
The upgrade came amid a software sector rally, with Snowflake's own earnings boosting sentiment. Investor's Business Daily reported that software stocks extended gains on Snowflake and Dell results, lifting Palantir and others. The screener flagged the revision early, capturing the full surge.
SNOW EPS revision history → · Screener snapshot from 2026-05-26 →
FAQ: SNOW
Why did SNOW stock jump in late May 2026?
SNOW jumped 57.8% after analysts raised its forward EPS growth estimate from 35.0% to 36.0% on May 26, coinciding with a broader software sector rally driven by Snowflake's strong earnings.
Is SNOW a buy after the 57.8% rally?
The rally was supported by an upward EPS revision and positive sector momentum, but investors should consider current valuation and the sustainability of software demand before buying.
What was Snowflake's EPS growth estimate revision?
Snowflake's forward EPS growth estimate was raised from 35.0% to 36.0% on May 26, a 1.0 percentage point increase.
Why did ARM stock jump in June 2026?
ARM jumped 33.4% (from $306.51 to $408.85) after analysts raised its forward EPS growth estimate from 39.0% to 39.5% on May 24.
No direct news accompanied the move, but ARM's semiconductor IP exposure and broader tech momentum likely drove the rally. Investors priced in higher earnings expectations, and the small revision signaled growing confidence in ARM's licensing revenue.
ARM EPS revision history → · Screener snapshot from 2026-05-24 →
FAQ: ARM
Why did ARM stock jump in May 2026?
ARM jumped 33.4% after analysts raised its forward EPS growth estimate from 39.0% to 39.5% on May 24, reflecting growing confidence in its semiconductor licensing revenue amid a tech sector rally.
Is ARM a buy after the 33.4% rally?
The EPS revision was modest, but the rally was part of a broader tech upswing. Investors should evaluate ARM's long-term growth prospects and current valuation before buying.
What is Arm Holdings' EPS growth estimate?
Analysts raised Arm's forward EPS growth estimate from 39.0% to 39.5% on May 24, a 0.5 percentage point increase.
Why did APP stock jump in June 2026?
APP jumped 27.4% (from $481.68 to $613.70) after analysts raised its forward EPS growth estimate from 33.1% to 33.2% on May 24.
The revision was reinforced on May 27 when Morgan Stanley reiterated a buy rating and $720 target, citing improving conversion rates. The screener detected the estimate uptick before the analyst note, allowing investors to capture the subsequent rally.
APP EPS revision history → · Screener snapshot from 2026-05-24 →
FAQ: APP
Why did APP stock surge in May 2026?
APP surged 27.4% after its forward EPS growth estimate was raised from 33.1% to 33.2% on May 24, followed by a bullish Morgan Stanley note on May 27 reiterating a $720 price target.
Is APP a buy after the rally?
The EPS revision and analyst support suggest positive momentum, but investors should consider the ad-tech cycle and competition before buying at current levels.
What caused AppLovin's stock to jump?
The jump was triggered by a small upward EPS revision on May 24 and reinforced by Morgan Stanley's bullish analyst note on May 27 highlighting improving conversion rates.
Why did HBM stock jump in June 2026?
HBM jumped 25.4% (from $24.39 to $30.59) after analysts raised its forward EPS growth estimate from 34.0% to 38.1% on May 24 — a 4.1 percentage point increase.
The large revision reflected improved commodity price outlooks for copper and gold, lifting Hudbay's earnings prospects. No company-specific news was released, but the estimate upgrade alone drove the stock higher as materials stocks gained.
HBM EPS revision history → · Screener snapshot from 2026-05-24 →
FAQ: HBM
Why did HBM stock jump in May 2026?
HBM jumped 25.4% after analysts raised its forward EPS growth estimate from 34.0% to 38.1% on May 24, a 4.1 percentage point increase driven by better commodity price expectations for copper and gold.
Is HBM a buy after the rally?
The substantial EPS revision suggests strong earnings momentum, but investors should monitor commodity prices and operational execution before buying.
What was Hudbay Minerals' EPS revision magnitude?
Hudbay's forward EPS growth estimate was raised by 4.1 percentage points, from 34.0% to 38.1%, on May 24.
Why did NET stock jump in June 2026?
NET jumped 25.3% (from $216.17 to $270.82) after analysts raised its forward EPS growth estimate from 27.6% to 27.8% on May 25.
The small revision was amplified by the broader software rally led by Snowflake, as Cloudflare benefits from similar cloud-security tailwinds. The screener captured the uptick early, preceding the sector-wide move.
NET EPS revision history → · Screener snapshot from 2026-05-25 →
FAQ: NET
Why did NET stock jump in May 2026?
NET jumped 25.3% after analysts raised its forward EPS growth estimate from 27.6% to 27.8% on May 25, riding the broader software rally fueled by Snowflake's earnings.
Is NET a buy after the rally?
The EPS revision was minor, but the rally was part of a strong software sector trend. Investors should assess Cloudflare's competitive position and growth runway before buying.
What is Cloudflare's EPS growth estimate?
Analysts raised Cloudflare's forward EPS growth estimate from 27.6% to 27.8% on May 25, a 0.2 percentage point increase.
Today's performers underscore the market's sensitivity to earnings estimate revisions, especially in technology and materials. The broad-based rallies suggest investor confidence in forward earnings growth across sectors.
How We Identify These Stocks
We track daily changes in forward EPS estimates across thousands of US equities. When a stock's next-year earnings growth estimate is revised upward — confirmed by improvement in current-year estimates — it enters our watchlist. The stocks above were flagged on their detection dates and have since delivered the strongest price returns among all detected stocks.
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