Ten companies boasted strong double-digit gains week-on-week, despite a volatile trading observed toward the end of the week, as investors digested a flurry of strong corporate earnings and upbeat outlook, among others.
Of the said stocks, five notably climbed to new record highs.
In this article, we name the 10 top-performers of the week and break down the reasons behind their gains.
To come up with the list, we considered only the stocks with a market capitalization of $2 billion and 5 million shares in trading volume.
The stocks were chosen based on the percentage change in their prices on January 30 and February 6, 2026.
The New York Stock Exchange building. Photo by Дмитрий Трепольский on Pexels
10. Super Micro Computer Inc. (NASDAQ:SMCI)
Super Micro grew its share prices by 18.10 percent week-on-week, primarily bolstered by its target of growing sales anew by more than double following stellar second-quarter results.
In an earnings call during the week, Super Micro Computer Inc. (NASDAQ:SMCI) said that its net income in the second quarter of fiscal year 2026 jumped by 25 percent to $400.56 million from $320.6 million in the same period a year earlier. Net sales soared by 123 percent to $12.68 billion from $5.68 billion.
For the six-month period, net income declined by 23.6 percent to $568.8 million from $744.9 million, while net sales jumped by 52 percent to $17.7 billion from $11.6 billion.
Super Micro Computer Inc. (NASDAQ:SMCI) attributed the results to its AI server and storage technology foundation, strong customer engagements, and expanding global manufacturing footprint.
Looking ahead, Super Micro Computer Inc. (NASDAQ:SMCI) is targeting to book $12.3 billion in net sales for the third quarter ending March 2026, which would imply a 167 percent growth from the $4.6 billion in the same quarter last year.
For the full fiscal year, net sales are projected to be at $40 billion, or an implied growth of 82 percent versus $21.97 billion in the full fiscal year 2025.
9. Corning Incorporated (NYSE:GLW)
Corning grew its share prices by 18.3 percent week-on-week to hit a new all-time high, as investors cheered its stellar earnings performance and new billion-dollar partnership with Meta Platforms Inc.
On Friday alone, the stock jumped to an all-time high of $122.56 before trimming a few cents to finish the session just up by 8.31 percent at $122.16 apiece.
Corning Incorporated (NYSE:GLW) announced earlier in the week that it more-than-tripled its net income to $1.596 billion from only $506 million in 2024, while net sales grew by 19 percent to $15.6 billion from $13.1 billion year-on-year.
In the fourth quarter alone, net income increased by 26 percent to $540 million from $310 million, while net sales inched up by 3 percent to $4.2 billion from $3.5 billion.
Encouraged by the results, Corning Incorporated (NYSE:GLW) raised its net sales growth outlook through 2028 to now be at $11 billion in incremental annualized sales, versus its previous guidance of $8 billion.
For this year alone, incremental annualized sales are targeted at $6.5 billion, up from its $6 billion outlook earlier.
The targets form part of what the company dubs as “Springboard plan”—a strategic multi-year initiative to drive growth between 2023 and 2028.
In other news, the company clinched a $6 billion partnership with Facebook operator Meta for the supply of fiber optic cables for its data centers.
The partnership is expected to generate 15 to 20 percent of new jobs under Corning Incorporated (NYSE:GLW).
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