Ten stocks capped off Friday’s trading with strong gains, as investors digested a flurry of earnings reports, while repositioning portfolios ahead of dividend payments.
Meanwhile, Wall Street’s three major indices finished in the green, with the Nasdaq leading gains by 0.90 percent, followed by the S&P 500 with a 0.69 percent jump, and the Dow Jones, up 0.47 percent.
Indices aside, we spotlight the 10 top-performing stocks on Friday and break down the reasons behind their gains.
To come up with the list, we focused exclusively on the stocks with a $2 billion market capitalization and 5 million shares in trading volume.
Photo by Tima Miroshnichenko on Pexels
10. Alphabet Inc. (NASDAQ:GOOG)
Alphabet grew its share prices by 4.01 percent on Friday to close at $314.98 apiece as investors positioned portfolios ahead of its next quarterly dividend payment.
According to the company, it would pay $0.21 in dividends to all shareholders of Class A, B, and C shares on record as of March 9, 2026, payable on March 16.
The dividends followed the release of a strong earnings performance last year, with net income expanding by 32 percent to $132 billion versus $100 billion in 2024. Revenues surged by 15 percent to $402.8 billion from $350 billion year-on-year.
In the fourth quarter alone, net income increased by 29.8 percent to $34.4 billion from $26.5 billion, while revenues jumped by 18 percent to $113.8 billion from $96.5 billion.
Alphabet Inc. (NASDAQ:GOOG) CEO Sundar Pichai said that the quarter was a tremendous period for the company, with annual revenues breaking past the $400 billion level for the first time.
“The launch of Gemini 3 was a major milestone, and we have great momentum,” he said, adding that the technology giant continues to drive strong growth across the business.
“YouTube’s annual revenues surpassed $60 billion across ads and subscriptions; we now have over 325 million paid subscriptions across consumer services, led by strong adoption for Google One and YouTube Premium. And Google Cloud ended 2025 at an annual run rate of over $70 billion, representing a wide breadth of customers, driven by demand for AI products. We’re seeing our AI investments and infrastructure drive revenue and growth across the board,” he noted.
In other news, Alphabet Inc. (NASDAQ:GOOG) Chief Finance Officer Anat Ashkenazi is set to participate in the Morgan Stanley Technology, Media and Telecom Conference on March 3, where investors will closely watch out for cues to spark trading appetite.
9. B2Gold Corp. (NYSEAmerican:BTG)
B2Gold jumped by 5.27 percent on Friday to close at $5.39 apiece, as investors took heart from the company’s return to profitability last year, thanks to a combination of production expansion and higher-than-expected gold prices.
During the period, B2Gold Corp. (NYSEAmerican:BTG) swung to a net income attributable to shareholders of $401.9 million from a $629.89 million attributable net loss in 2024. Gold revenues surged by 61 percent to $3.06 billion from $1.9 billion year-on-year, on gold sales of 927,797 ounces at an average realized gold selling price of $3,299 per ounce.
Consolidated gold production finished at 979,604 ounces, or within the guidance of 940,000 and 1.04 million ounces.
In the fourth quarter alone, attributable net profit stood at $170.58 million, reversing an $11.88 million attributable net loss in the same quarter a year earlier. Gold revenues more than doubled to $1.05 billion from $499.8 million year-on-year.
For this year, B2Gold Corp. (NYSEAmerican:BTG) expects to produce between 820,000 and 970,000 ounces of gold, or a decline from 2025 due to a step down in production at the Otjikoto Mine and expected lower production at the Fekola Complex.
In other news, B2Gold Corp. (NYSEAmerican:BTG) announced the distribution of $0.02 in cash dividends to all common shareholders on record as of March 6, 2026, payable on March 19.
8. Pinterest Inc. (NYSE:PINS)
Pinterest saw its share prices jump by 5.96 percent on Friday to finish at $17.77 apiece, as investors resorted to bargain-hunting after falling to a nearly six-year low earlier in the week.
Friday’s rally marked Pinterest Inc.’s (NYSE:PINS) fifth consecutive day in the green, as investors loaded up on shares to take advantage of its low price, having dropped to a record low of $13.84 four trading days ago following a weak earnings performance last year.
During the period, the company dropped its net income by 78 percent to $416.8 million from $1.86 billion in 2024, despite revenues surging by 17 percent to $4.2 billion from $3.6 billion year-on-year.
In the fourth quarter alone, net income also fell by 85 percent to $277 million from $1.8 billion in the same quarter a year earlier, while revenues jumped by 13 percent to $1.3 billion from $1.15 billion year-on-year.
Despite the results, Pinterest Inc. (NYSE:PINS) CEO Bill Ready assured investors that the company is laser-focused on execution and transforming sales and go-to-market efforts to align monetization with the valuable commercial intent it expects.
For the first quarter of the year, Pinterest Inc. (NYSE:PINS) is targeting revenue growth of 11 to 14 percent to a range of $951 million to $971 million.
Adjusted EBITDA is also expected at $$166 million and $186 million.
7. Corning Inc. (NYSE:GLW)
Corning soared to a new all-time high on Friday, as investors took heart from an analyst’s 28-percent price target upgrade for its stock.
At intra-day trading, Corning Inc. (NYSE:GLW) jumped to its highest price of $140.27 before paring gains to finish the session just up by 7.32 percent at $139.51 apiece.
In a market report, UBS raised its price target for Corning Inc. (NYSE:GLW) to $160 from $125 previously, while maintaining a “buy” recommendation.
This followed the company’s stellar earnings performance last year, with net income more than tripling to $1.596 billion versus only $506 million in 2024. 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.
Further buoying sentiment was Corning Inc.’s (NYSE:GLW) higher net sales growth outlook over the next two years, now at $11 billion in incremental annualized sales, versus $8 billion previously.
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.
6. Opendoor Technologies Inc. (NASDAQ:OPEN)
Opendoor Technologies extended its winning streak to a third consecutive day on Friday, jumping 7.53 percent to close at $5 apiece, as investors took heart from the company’s reaffirmation that it would return to profitability on an adjusted basis by the end of the year.
In an earnings call, Opendoor Technologies Inc. (NASDAQ:OPEN) said that it narrowed its adjusted net loss last year by 24 percent to $195 million from $258 million in 2024.
Net loss, on the other hand, widened by 232 percent to $1.3 billion from only $392 million in 2024, while revenues declined by 15 percent to $4.37 billion from $5.15 billion year-on-year.
“Last quarter, we outlined a four-step plan to transform Opendoor: reach breakeven Adjusted Net Income by the end of 2026 on a 12-month go-forward basis, drive positive unit economics while increasing transaction velocity, transition to direct-to-consumer relationships, and expand our product suite. This quarter demonstrates we are executing on that plan,” Opendoor Technologies Inc. (NASDAQ:OPEN) CEO Kaz Nejatian said, noting that the results reflect structural improvements in how the company operates with more accurate pricing, faster inventory turns, and disciplined selection.
In the fourth quarter alone, Opendoor Technologies Inc. (NASDAQ:OPEN) said that net loss increased by 870 percent to $1.096 billion from $113 million, while revenues fell by 32 percent to $736 million from $1.08 billion.
5. Celsius Holdings Inc. (NASDAQ:CELH)
Celsius Holdings rallied for a second day on Friday, jumping 9.49 percent to finish at $48.32 apiece, as investors loaded portfolios ahead of the results of its earnings performance last year.
According to the company, it would release its financial and operating highlights for the fourth quarter and full-year period before market open on Thursday, February 26. A conference call will be held to elaborate on the results.
For the said period, analysts are expecting revenues to be at $2.4 billion, or 78 percent higher than the $1.35 billion Celsius Holdings Inc. (NASDAQ:CELH) posted in 2024.
Bulk of the expected growth is expected to come from Celsius Holdings Inc.’s (NASDAQ:CELH) acquisitions and core business growth.
Apart from the earnings call, the company is also set to participate in the Citi Global Consumer & Retail Conference on March 9 and the UBS Global Consumer and Retail Conference on March 11.
Celsius Holdings Inc. (NASDAQ:CELH) is a beverage company that owns energy drink brand Celsius, as well as other names including Celsius Hydration, Alani Nu, and Rockstar Energy.
4. Applied Optoelectronics Inc. (NASDAQ:AAOI)
Applied Optoelectronics soared to a nine-year high on Friday, as investors positioned portfolios ahead of the results of its earnings performance for the fourth quarter and full-year 2025 next week.
At intra-day trading, the stock climbed to its highest price of $54.30 before trimming gains to finish the session just up by 10 percent at $51.68 apiece.
According to the company, it would release the results of its financial and operating highlights after market close on Thursday, February 26. An investor call will be held to elaborate on the results.
For the fourth quarter, Applied Optoelectronics Inc. (NASDAQ:AAOI) is targeting to report revenues in the range of $125 million to $140 million, or an implied growth of 24.6 percent to 39.6 percent from the $100.3 million posted in the same period in 2024.
However, it expects to incur a non-GAAP net loss of $2.8 million to $9 million, and loss per share of $0.04 to $0.13 on approximately 70.3 million shares.
Non-GAAP gross margin is also targeted at 29 to 31 percent.
In other news, Applied Optoelectronics Inc. (NASDAQ:AAOI) is expected to host an investor session in conjunction with the Optical Fiber Communication Conference and Exhibition in Los Angeles, California, on March 17, 2026.
Chief Finance and Strategy Officer Stefan Murry will present at the event.
3. First Majestic Silver Corp. (NYSE:AG)
First Majestic rallied for a third consecutive day on Friday, jumping 11.18 percent to close at $27.55 apiece, as investor optimism was supported by an investment firm’s 22-percent price target upgrade for its stock.
In a market report, HC Wainwright raised its price target for First Majestic Silver Corp. (NYSE:AG) to $30 from $24.50 previously, while maintaining a “buy” recommendation.
This followed the silver producer’s earnings performance last year, having returned to profitability, with net income hitting $211 million, reversing a $101.9 million net loss in 2024.
First Majestic Silver Corp. (NYSE:AG) said that the strong performance was primarily driven by a $358.1 million increase in mine operating income, a non-cash deferred income tax recovery of $89.1 million, and an impairment reversal of $20.3 million in relation to the sale of the Del Toro Silver Mine.
Meanwhile, total revenues more than doubled to $1.257 billion from $560.6 million in 2024, on the back of a 47 percent jump in average realized silver prices.
In the fourth quarter alone, net income stood at $105.2 million, reversing a $13.5 million net loss in the same quarter in 2024. Revenues surged by 169 percent to $463.9 million from $172.3 million year-on-year.
In line with the results, First Majestic Silver Corp. (NYSE:AG) announced the distribution of $0.0083 in dividends for each common share held to all shareholders on record as of February 27, payable on March 16, 2026.
By June 2026, the dividends will increase to a 2-percent equivalent of its net quarterly revenues.
2. Fortuna Mining Corp. (NYSE:FSM)
Fortuna Mining rallied for a third consecutive day on Friday, jumping 12.57 percent to close at $12.27 apiece as investor sentiment was boosted by a stellar earnings performance last year, coupled with a higher gold resource estimate for its Diamba Sud mine.
In a statement, Fortuna Mining Corp. (NYSE:FSM) said that net income soared by 119 percent to $311.6 million from $141.9 million in 2024, as revenues increased by 40 percent to $947 million from $677 million.
Gold production totaled 152,426 ounces, 11 percent higher year-on-year and exceeding the upper end of its annual guidance range, primarily due to the realization of throughput optimization projects through 2024.
In the fourth quarter alone, net income stood at $74 million, marking a 391 percent jump from the $15.08 million in the same period a year earlier.
Sales increased by 38 percent to $270 million from $195 million.
In other news, Fortuna Mining Corp. (NYSE:FSM) raised its gold resource estimate for its Diamba Sud Gold Project in Senegal, West Africa by 73 percent to 1.25 million ounces, reflecting rosy production prospects for the company.
1. RingCentral Inc. (NYSE:RNG)
RingCentral soared to a new 52-week high on Friday, as investors took heart from the company’s swing to profitability last year, coupled with news that it would begin to distribute regular dividends on a quarterly basis moving forward.
At intra-day trading, the stock climbed to its highest price of $40.64 before paring gains to finish the session just up by 34.40 percent at $39.50 apiece.
In an updated report, RingCentral Inc. (NYSE:RNG) said that it swung to a net income of $43.39 million last year from a $58.2 million net loss in 2024. Total revenues jumped by 4 percent to $2.5 billion from $2.4 billion.
In the fourth quarter, RingCentral Inc. (NYSE:RNG) incurred a $22.97 million net income, reversing a $7.19 million net loss in the same comparable period. Total revenues inched up by 4.88 percent to $644 million from $614 million.
Following the results, RingCentral Inc. (NYSE:RNG) said that it would distribute $0.075 in dividends to all shareholders on record as of March 9, payable on March 16.
It added that it intends to pay a cash dividend on a quarterly basis going forward, subject to market conditions and approval by the Board of Directors.
While we acknowledge the potential of RNG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RNG and that has 100x upside potential, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge fund investor letters by entering your email below.
