ASTS shares are down approximately 11.40% in premarket trading on Tuesday, May 12, 2026, falling from a prior close of $82.55 to around $73.14. The primary catalyst is a significant Q1 2026 earnings miss: AST SpaceMobile reported an EPS loss of -$0.66, far worse than the consensus estimate of -$0.21, representing a miss of over 214%.
Cisco Systems (CSCO) will report third quarter fiscal year 2026 results on May 13, 2026, for the period ending April 25, 2026. Analysts expect consensus revenue of $15.56 billion and non-GAAP EPS (earnings per share) of $1.04, aligning with company guidance of $15.4–$15.6 billion and $1.02–$1.04.
LITE stock rose approximately +17% over the past 30 days, driven by robust Q3 earnings beat, strong AI-driven demand for optical components, and multiple analyst price target increases. Over the past quarter, the stock surged +83%, fueled by explosive revenue growth, capacity expansions, and hyperscaler orders outpacing supply.
UI shares fell 9.13% on May 8, 2026, closing at $842.10, down from a prior session close of $926.69, and are continuing to trade under pressure in Monday's session. The primary catalyst is Ubiquiti's Q3 FY2026 earnings miss: EPS of $3.88 fell short of the consensus estimate of $4.29, while revenue of $788.2 million came in below the expected $814–$839 million range.
Analysts expect Q1 2026 revenue of approximately $38 million, a substantial increase from prior quarters driven by gateway sales and government contracts. Consensus EPS estimate stands at -$0.23, reflecting ongoing investments in satellite production and launches.
Analysts expect Q3 fiscal 2026 revenues of approximately $785-868 million, up from $664 million last year. Consensus EPS estimate around $3.18-$4.48, reflecting continued profitability growth.
Analysts expect Q1 2026 revenue of $2.7 billion, a 6-7% increase from $2.53 billion in Q1 2025. Consensus non-GAAP EPS forecast at $3.25, up from $3.18 year-over-year, aligning with company guidance of $3.20-$3.25.
Aviat Networks (AVNW) shares plunged 34.39% to close at $14.94 from the prior close of $23.12. Primary catalyst: Disappointing Q3 fiscal 2026 earnings, with revenue of $100 million missing estimates of $107.5 million and non-GAAP EPS of $0.06 versus expected $0.44.
ADTN shares plunged 17.25% in the latest session, closing at $15.18 after the prior close of $18.34. Primary catalyst: Market reaction to Q1 2026 earnings released after market close on May 4, with non-GAAP EPS of $0.14 beating estimates of $0.09, but GAAP loss of $0.01 per share and ongoing cost pressures.
NOK stock surged +48% over the last 30 days, driven by strong Q1 earnings beat, AI-driven sales growth, and analyst upgrades. Over the past quarter, shares climbed +92%, fueled by strategic AI partnerships like NVIDIA and expanding 5G deals.
CIEN stock surged +27% over the past 30 days amid sustained AI-driven demand for optical networking solutions. Over the past quarter, shares climbed +97%, reflecting recovery from an earnings-related dip and strong hyperscaler spending.
Cisco Systems (CSCO) stock surged +17.4% over the last 30 days, fueled by robust demand for AI infrastructure networking products. Over the past quarter, shares rose +13.5%, recovering from a post-earnings dip amid broader tech sector strength.
LITE stock surged +28% over the past 30 days, driven by strong demand for AI-related optical connectivity and a major partnership with Nvidia. Over the past quarter, shares climbed +130%, reflecting broader AI infrastructure spending and analyst price target increases.
Ciena Corporation (CIEN) stock rose +27% over the past 30 days, driven by strong demand for optical networking equipment amid the AI infrastructure boom. Over the past quarter, CIEN gained +91%, fueled by record Q1 fiscal 2026 revenue and earnings beat announced in early March.
Ciena Corporation (CIEN) stock rose +27% over the past 30 days, driven by strong demand for optical networking equipment amid the AI infrastructure boom. Over the past quarter, CIEN gained +91%, fueled by record Q1 fiscal 2026 revenue and earnings beat announced in early March.
CSCO surged +17% over the past 30 days, driven primarily by strong Q2 FY2026 earnings beat fueled by exploding AI-related orders. Over the past quarter, the stock rose +13%, reflecting sustained AI infrastructure demand despite mid-period volatility.
Viavi Solutions reported Q3 fiscal 2026 results exceeding expectations, with net revenue up 42.8% year-over-year to $406.8 million, driven by data center and aerospace & defense demand. Non-GAAP diluted EPS of $0.27 beat consensus estimates, prompting a 15%+ stock surge to new 52-week highs.
VISN shares dropped approximately 50.49% in Tuesday's session, falling from a prior close of $19.53 to approximately $9.67 intraday. The decline is a mechanical, dividend-driven price adjustment: today, April 28, 2026, is the ex-dividend date for a special cash distribution of $10.00 per share.
ONDS stock surged +21% over the last 30 days, rebounding from post-earnings lows around $8.80 to $10.95 amid strong revenue beats and optimistic 2026 guidance. Over the past quarter, shares declined -11% from $12.27, reflecting high volatility with peaks near $15 followed by corrections.
LITE stock surged +31% over the past 30 days, driven by a major NVIDIA partnership for AI data center optics and booming demand for photonic products. Over the past quarter, shares rocketed +123%, fueled by AI infrastructure expansion and strong quarterly earnings with 65.5% revenue growth.