Ten stocks finished the first trading week of the month with a bang—six of them even hitting a new all-time high, thanks to more corporate earnings results and a higher full-year growth outlook that fueled investor sentiment.
Meanwhile, the Dow Jones grew by 0.32 percent, the S&P 500 inched up by 0.33 percent, and the tech-heavy Nasdaq increased by 1.14 percent.
In this article, we focus on the performance of last week’s top performers and break down the reasons behind their gains.
To come up with the list, we considered the stocks with at least $2 billion in market capitalization and 5 million shares in trading volume.
The stocks were chosen based on the percentage change in their prices between September 5 and August 29, 2025.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
10. Credo Technology Group Holding Ltd (NASDAQ:CRDO)
Credo Technology grew its share prices by 14.4 percent week-on-week to reach a new all-time high as investor sentiment was largely fueled by a stellar earnings performance in the first quarter of fiscal year 2026.
During the trading week, the stock rallied for four straight days to reach a fresh 52-week peak of $142.57, before trimming gains to end Friday at $140.82.
In the first quarter of the 2026 fiscal year, Credo Technology Group Holding Ltd (NASDAQ:CRDO) swung to a net profit of $63.4 million from a $9.54 million net loss in the same period last year, as total revenues skyrocketed by 273.6 percent to $223.07 million from $59.7 million, on the back of a jump in product sales revenue.
According to Bill Brennan, president and chief executive officer, growth was driven by deep, strategic partnerships with hyperscalers and key customers, and is expected to continue contributing to revenue growth and diversification in terms of customers, protocols, and applications.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) also expects revenues to settle between $230 million and $240 million in the second quarter alone.
9. Western Digital Corp. (NASDAQ:WDC)
Shares of Western Digital surged by 14.56 percent week-on-week to touch a new all-time high after Morgan Stanley named it as its “top pick” across the sector.
On Friday, Western Digital Corp. (NASDAQ:WDC) touched a new 52-week high of $93.10, rallied on all days of the shortened trading week, albeit the steepest jump noticeably occurred on September 3 after the investment bank’s market report.
This followed a series of “constructive” meetings between Morgan Stanley and Western Digital Corp. (NASDAQ:WDC) that boosted the former’s confidence in the latter’s technology roadmap.
Additionally, the storage firm has demand visibility, as evidenced by non-cancellable purchase orders and long-term agreements in the second half of 2026.
This is “the single most important data point illustrating that [cloud service firms] are comfortable with WDC’s technology roadmap,” it said.
Morgan Stanley also gave Western Digital Corp. (NASDAQ:WDC) a higher price target of $99 versus $92 previously, adding that the price could breach the $125 mark in a bull case scenario.
From its closing price of $92.04 on Friday, the new price targets marked upside potential of 7.56 percent and 35.8 percent, respectively.
8. Samsara Inc. (NYSE:IOT)
Samsara grew its share prices by 16.46 percent week-on-week as investors cheered its impressive income performance and higher growth outlook for the full fiscal period of 2026.
In its updated report, Samsara Inc. (NYSE:IOT) narrowed its net loss by 66 percent to $16.8 million from the $49.61 million reported in the same period last year, while revenues grew 30.49 percent to $391.48 million from $300 million year-on-year.
“Samsara had another strong quarter of durable and efficient growth, ending Q2 with $1.6 billion in ARR, a 30 percent increase year-over-year,” said Sanjit Biswas, CEO and co-founder of Samsara Inc. (NYSE:IOT).
“As the trusted partner to some of the world’s largest and most complex operations, we’re seeing firsthand how the rise of the AI-driven economy is amplifying demand for our platform. We are innovating at an unprecedented pace and are excited to deliver even greater impact for our customers who keep the global economy running,” he added.
During the period, Samsara Inc. (NYSE:IOT) added new large customers to its portfolio, including Alaska Airlines, SRM Concrete, and Bonnie Plants, among others.
7. Oscar Health, Inc. (NYSE:OSCR)
Oscar Health jumped by 16.63 percent week-on-week, as investor sentiment was fueled by the company’s reaffirmation of its full-year 2025 growth guidance.
At the 2025 Wells Fargo Healthcare Conference in Boston, Massachusetts, held last September 3 to 5, Oscar Health, Inc. (NYSE:OSCR) reaffirmed its key growth metrics for the full year, including a revenue growth guidance of $11.2 billion to $11.3 billion and operating income of $225 million to $275 million.
“We believe the individual market has long-term upside and is the future of healthcare,” said Oscar Health, Inc. (NYSE:OSCR) CEO Mark Bertolini during the company’s earnings report.
“Oscar is well-positioned to manage through the market reset in 2025. We believe the market will stabilize next year and expect to return to profitability in 2026. We are building the individual market into a healthcare marketplace for more consumers and businesses, and continue to position the company for long-term growth,” he added.
In the second quarter of the year, Oscar Health, Inc. (NYSE:OSCR) swung to a net loss of $228.49 million from a $56.3 million net income in the same period last year. Revenues increased by 28.8 percent to $2.86 billion from $2.22 billion year-on-year.
6. Wayfair Inc. (NYSE:W)
Wayfair jumped by 20.12 percent week-on-week to hit a new all-time high as investor sentiment was bolstered by the company’s optimistic business outlook.
At the recently concluded Goldman Sachs Global Retailing Conference, Wayfair Inc. (NYSE:W) CEO Niraj Shah said that he believed in the company’s growth potential despite cyclicality and that it would gain a market share amid the industry’s fragmented nature.
“The way we look at it is…it’s a cyclical category, but our view is, with our model, we can take share in a down market, and we can take even more share in an up market,” he said.
“We don’t view the cyclicality of it as something that should restrain our ability to grow. While the market is…not a growth market from the total addressable market growing standpoint, the truth is…there’s a large number of participants, and it’s very, very fragmented. The ability to take share is actually a very real thing because…it’s a category that has a lot of passion and excitement in it,” he added.
At present, Wayfair Inc. (NYSE:W) is underway with the expansion of its physical stores, one targeted to open in Atlanta next year, with another large-format version expected to open at Ridge Hill in Yonkers, New York.
Wayfair Inc.’s (NYSE:W) brick-and-mortar expansion plans mark a vote of confidence despite the United States’ trade spat with China, where it sources a significant chunk of its supplies.
5. Celestica Inc. (NYSE:CLS)
Celestica saw its share prices soar by 24.6 percent week-on-week, as investor optimism from semiconductor giant Broadcom Inc. spilled over to its stock.
During the trading week, Celestica Inc. (NYSE:CLS) rallied for four straight days to touch a fresh 52-week high of $257.4 on Friday before trimming gains to end the day at $242.68.
Friday’s session mirrored the rally in shares of Broadcom, one of its largest customers, after the latter reported stellar earnings performance and clinched a new $10-billion custom chip supply deal with OpenAI.
Optimistic investors highly anticipated the new deal to largely benefit Celestica Inc. (NYSE:CLS) in terms of revenues, having been a longtime manufacturing and supply chain partner of the semiconductor giant.
In recent news, Celestica Inc. (NYSE:CLS) announced a 122-percent jump in its net income in the second quarter of the year, at $211 million versus $95 million in the same period last year. Revenues grew by 21 percent to $2.89 billion from $2.39 billion year-on-year.
For full-year 2025, Celestica Inc. (NYSE:CLS) raised its revenue growth outlook to $11.55 billion from the $10.85 billion expected previously, while that for the third quarter was pegged at a range of $2.875 billion to $3.125 billion.
4. Sandisk Corp. (NASDAQ:SNDK)
Sandisk rallied by 30.65 percent week-on-week to hit a new all-time high after marking three straight days of gains as investor sentiment was boosted by the broader market optimism for Artificial Intelligence.
On Friday alone, Sandisk Corp. (NASDAQ:SNDK) surged to its highest 52-week record of $68.67, marking a 9.87-percent jump, before paring gains to finish the day up by only 9.68 percent at $68.55.
The rally was mainly influenced by Morgan Stanley’s bullish comments for the NAND memory market, citing strengthening fundamentals.
According to the investment firm, the enterprise SSD had grown sharply, largely driven by increasing AI infrastructure buildouts and ongoing HDD shortages.
Massive orders—totaling tens of exabytes—are moving NAND supply away from consumer markets such as PCs and smartphones.
While Sandisk Corp.’s (NASDAQ:SNDK) exposure to enterprise SSD was limited, Morgan Stanley expects upside for the company as its BICS 8 process ramps up in the second half of the year, positioning it for a better 2026.
3. Macy’s Inc. (NYSE:M)
Shares of Macy’s Inc. (NYSE:M) climbed by 30.99 percent to almost touch a new record high after exceeding its net sales target and raising its growth outlook for the full year period.
On Friday, Macy’s Inc. (NYSE:M) climbed to its highest day price of $17.56, just 3.2-percent shy of its 52-week high of $18.13.
In an updated report, Macy’s, Inc. (NYSE:M) said it achieved net sales of $4.8 billion in the second quarter of the year, exceeding its own guidance. However, the actual figures were lower by 2 percent than the $4.9 billion in the same period last year.
Additionally, Macy’s, Inc. (NYSE:M) said it saw a 1.1 percent uptick in comparable sales growth for 125 revamped locations.
Net income, on the other hand, fell by 42 percent to $87 million from $150 million in the same period last year, as a result of the store closures earlier this year. Revenues dipped by 1.9 percent to $4.999 billion from $5.096 billion in the same period last year.
“Our teams achieved better than expected top and bottom-line results during the second quarter, driven by our strongest comparable sales growth in 12 quarters, reflecting the strong performance in Macy’s Reimagine 125 locations, Bloomingdale’s, and Bluemercury,” said Macy’s, Inc. (NYSE:M) Chairman and CEO Tony Spring.
Encouraged by the results, the company raised its net sales growth forecast for full-year 2025 to a range of $21.15 billion to $21.45 billion, from a $21 billion to $21.4 billion as previously expected.
2. American Eagle Outfitters, Inc. (NYSE:AEO)
Shares of American Eagle jumped by 45.36 percent week-on-week as investors cheered its beating of its second-quarter business outlook.
In its updated report, American Eagle Outfitters, Inc. (NYSE:AEO) said net revenues dipped by almost 1 percent to $1.28 billion from $1.29 billion in the same period last year. However, the dip was surprisingly lower than the company’s expected 5 percent drop in revenues.
Additionally, comparable sales decreased by 1 percent but were notably better than the 3-percent drop projected previously.
“We were pleased to see an improvement in the business during the second quarter, driven by higher demand, lower promotions, and well-managed expenses, all of which exceeded our expectations,” said American Eagle Outfitters, Inc. (NYSE:AEO) CEO Jay Schottenstein.
“The actions we have taken to better align inventory and strengthen execution laid the groundwork for our results this quarter…We look forward to building on our progress and the continued strength of our iconic brands to drive higher profitability, long-term growth, and shareholder value,” he added.
American Eagle Outfitters, Inc. (NYSE:AEO) also posted a net income of $77.6 million during the period, flat from the same period last year.
The company did not provide revenue expectations in the last two quarters of the year, but said that comparable sales figures were expected to increase by low single digits in both the third and fourth quarters, and remain flat in the full fiscal year of 2025.
1. Opendoor Technologies Inc. (NASDAQ:OPEN)
Opendoor Technologies skyrocketed by 49.44 percent in just the past four trading weeks, hitting a new all-time high, as investors bought into a hedge fund’s campaign to bring back the former’s co-founder to the board to support business revival.
On Friday, Opendoor Technologies Inc. (NASDAQ:OPEN) touched a fresh 52-week high of $6.85 before trimming gains to end the day just up by 11.58 percent at 6.65 apiece.
Investors rallied behind a campaign by Eric Jackson—who owns a significant stake in the company—to bring back Keith Rabois to the board, believing that his bold, aggressive, and visionary, would support the company’s turnaround and revival.
Rabois’ business strategy compared with Opendoor Technologies Inc.’s (NASDAQ:OPEN) former CEO, Carrie Wheeler, who was more cautious and reactive.
In a post on X (formerly Twitter), Jackson said he believed the company could propel to as high as $82, $200, and even $500, but that the current board “will be long gone by then.”
Further spurring sentiment were high expectations of a lower interest rate at the Federal Reserve’s next FOMC meeting.
Opendoor Technologies Inc. (NASDAQ:OPEN), a real estate technology company that resells residential properties, is expected to benefit from the move on lower borrowing costs for prospective homebuyers.
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