SailPoint Posts Upbeat Earnings, Joins Ouster, Dave & Buster's Entertainment And Other Big Stocks Moving Higher On Wednesday

U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Wednesday.

Shares of SailPoint, Inc. (NASDAQ:SAIL) rose sharply during Wednesday's session after the company reported better-than-expected first-quarter adjusted EPS results and raised its FY26 guidance above estimates.

The company reported quarterly revenue growth of 23% year-on-year to $230.47 million, compared to analyst consensus estimates of $235.19 million. The quarterly subscription revenue was $215.32 million, up by 27%. The company reported an adjusted EPS of 1 cent, surpassing the consensus analyst estimate of a 1-cent loss.

SailPoint shares jumped 20.1% to $23.60 on Wednesday.

Here are some other big stocks recording gains in today’s session.

• Quantum Computing Inc. (NASDAQ:QUBT) shares jumped 30.6% to $19.77.
• QuantaSing Group Limited (NASDAQ:QSG) gained 21.3% to $11.21. Citigroup analyst Alice Cai, on Tuesday, upgraded QuantaSing from Neutral to Buy and raised the price target from $6.1 to $9.52.
• Oklo Inc. (NYSE:OKLO) gained 21.3% to $63.99. Oklo has been selected to provide clean nuclear power for Air Force Base in Alaska under Defense Department Pilot Program
• Ouster, Inc. (NYSE:OUST) rose 20.7% to $19.36 after the company announced that its OS1 digital lidar has been vetted and approved by the Department of Defense for use in unmanned aerial systems.
• LiveWire Group, Inc. (NYSE:LVWR) gained 18.2% to $8.84.
• Rigetti Computing, Inc. (NASDAQ:RGTI) gained 17.5% to $13.22. Rigetti Computing completed $350 million at-the-market equity offering.
• NuScale Power Corporation (NYSE:SMR) gained 16.8% to $40.38.
• Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) gained 16.7% to $30.20 following quarterly results.
• Advantage Solutions Inc. (NASDAQ:ADV) rose 15.6% to $1.7000.
• NANO Nuclear Energy Inc. (NASDAQ:NNE) gained 12.8% to $34.44. NANO Nuclear Energy named former Texas Governor Rick Perry as Chairman of its Executive Advisory Board.
• Centrus Energy Corp. (NYSE:LEU) rose 12.6% to $164.46.
• Sezzle Inc. (NASDAQ:SEZL) gained 8% to $132.70. Sezzle recently announced it filed an antitrust lawsuit against Shopify.
• Joby Aviation, Inc. (NYSE:JOBY) rose 8% to $10.20.
• Affirm Holdings, Inc. (NASDAQ:AFRM) gained 6.7% to $65.14.

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