5 Stocks Outperforming Wall Street with Outsized Gains

In this article, we will look at the 5 Stocks Outperforming Wall Street with Outsized Gains. For a deeper discussion and an extended list, please see 10 Stocks Outperforming Wall Street with Outsized Gains.

Photo by Tima Miroshnichenko on Pexels

5. Planet Labs PBC (NYSE:PL)

Planet Labs saw its share prices jump by 9.87 percent on Wednesday to close at $30.71 apiece, amid increasing appetite for space stocks, backed by SpaceX’s looming initial public offering (IPO).

Planet Labs PBC (NYSE:PL) rallied alongside its counterparts, including Intuitive Machines Inc. and Firefly Aerospace Inc., following news that the Elon Musk-led company has lined up 21 banks for its mega IPO, potentially valuing the firm at $1.75 trillion.

SpaceX is attempting to raise more than $75 billion in what could be one of the largest IPOs in history.

In other news, Planet Labs PBC (NYSE:PL) is gearing up for expansion in Germany after officially starting the recruitment of highly-skilled German talent to operationalize its upcoming satellite manufacturing facility in Berlin. The initiative forms part of its plan to double the production capacity of its next-generation, high-resolution Pelican fleet, while reinforcing the European country’s role as a hub for advanced aerospace engineering.

Berlin has served as Planet Labs PBC’s (NYSE:PL) headquarters for more than 10 years, acting as the Mission Control center for its global fleet of about 200 satellites. Its expansion would support the company’s $900 million worth of backlogs for the current fiscal period, which marked a 79 percent growth from fiscal year 2026.

“With this excellent backlog as well as our healthy pipeline, we project strong growth for this year and beyond,” said Planet Labs PBC (NYSE:PL) Chairman and CEO Will Marshall. Some 70 individuals are targeted to be hired in addition to the existing 150 employees, including high-level leadership and specialized technical roles such as director of manufacturing, mission director for constellation services, and multiple engineering roles.

4. Western Digital Corp. (NASDAQ:WDC)

Western Digital soared by 10.07 percent on Wednesday to close at $297.73 apiece, as investors began positioning portfolios ahead of the results of its earnings performance for the third quarter of fiscal year 2026.

Based on its historical earnings reporting dates, Western Digital Corp. (NASDAQ:WDC) would release its financial and operating highlights for the said period on April 30, 2026.

For the said period, Western Digital Corp. (NASDAQ:WDC) is expected to report $3.2 billion in revenues, plus or minus $100 million. If realized, this would mark a 40 percent jump from the $2.29 billion revenue registered in the same quarter a year earlier.

Gross margin is targeted at 47 percent to 48 percent, while diluted net income per share is pegged at $2.30, plus or minus $0.15.

In other news, Western Digital Corp. (NASDAQ:WDC) earlier this year re-launched its G-Drive brand as the unified identity for its content creator and creative professional external storage product portfolio.

The brand consolidation brings together high-capacity, high-performance storage solutions under a single name brand, G-DRIVE, known for its quality, performance, and reliability.

3. nCino Inc. (NASDAQ:NCNO)

nCino extended its winning streak to a third straight day on Wednesday, jumping 10.61 percent to finish at $16.57 apiece, as investors took heart from its growth outlook for fiscal year 2027.

In an updated report, nCino Inc. (NASDAQ:NCNO) said that it is targeting total revenues of $639 million to $643 million, or an implied growth of 22 percent to 22.9 percent from $523 million in fiscal year 2026.

Of the total, subscription revenues are expected to be at $569 million to $573 million, or growth of 8.8 percent to 9.5 percent versus $523.1 million year-on-year.

Meanwhile, non-GAAP operating income is targeted at $165 million to $170 million, while annual contract value is pegged at $662.5 million to $667.5 million.

In fiscal year 2026 ending January, nCino Inc. (NASDAQ:NCNO) swung to an attributable net income of $5.18 million from a $37.88 million net loss a year earlier. Total revenues increased by 10 percent year-on-year from $540 million.

“Fiscal 2026 was a landmark year for nCino, with both the fourth quarter and full fiscal year marking company records for gross ACV bookings, and we again exceeded financial guidance across all revenue and profitability metrics,” said CEO Sean Desmond.

“Our success this year reflects strong global sales execution, accelerating demand for our industry-focused AI capabilities, and the confidence our customers place in nCino as their long-term technology partner,” he added.

In other news, nCino Inc. (NASDAQ:NCNO) announced plans to buy back $100 million worth of its shares to boost shareholder value.

2. Constellium SE (NYSE:CSTM)

Constellium saw its share prices jump by 11.15 percent on Wednesday to finish at $27.32 apiece, as investors loaded portfolios in aluminum stocks on bets of supply shortage following an attack on two Middle Eastern producers earlier in the week.

Constellium rallied alongside its counterparts, namely Alcoa Corp. and Century Aluminum, as investors bet that a slash in global aluminum supply could spark higher prices, thus increasing profit margins for the producers.

According to data from Trading Economics, prices of aluminum on Wednesday further jumped by 2.75 percent to $3,523.80.

In other news, Constellium SE (NYSE:CSTM) last month authorized a $300 million share buyback program, which will become effective after May 21, 2026.

The new share repurchase program will replace the current share repurchase program authorized by the Board of Directors in February 2024, while Constellium SE (NYSE:CSTM) retains the ability to repurchase shares under the current program until the new program takes effect.

Under this new share repurchase program, the company will be able to repurchase its own shares from time to time for cash in open market transactions or in privately-negotiated transactions.

1. Fastly Inc. (NASDAQ:FSLY)

Fastly soared to a new four-year high on Wednesday, as investors took heart from its appointment of a new executive to lead its global marketing efforts.

In a statement, Fastly Inc. (NASDAQ:FSLY) named Joan Jenkins as Chief Marketing Officer (CMO), tasked to help the company accelerate growth and further its leadership in security and edge computing, as well as scaling AI workloads.

In intra-day trading, Fastly Inc. (NASDAQ:FSLY) climbed to a record high of $32.95 before trimming gains to finish the session just up by 11.36 percent at $32.36 apiece.

Jenkins boasts of more than two decades of leadership experience, accelerating growth and expanding market presence at critical inflection points for B2B technology companies. She has a strong background in building high-performing teams, driving category leadership, and accelerating growth, having held leadership positions at Informatica, Oracle, Mindtickle, and Cisco.

With extensive experience in AI-powered marketing and data-driven strategies, Jenkins’ leadership will focus on accelerating Fastly’s growth initiatives to expand its market reach and enhance its global brand, delivering outstanding value to customers and partners worldwide.

“Joan is an exceptional marketing leader with a proven track record of driving growth for some of the world’s most innovative technology companies,” said Fastly Inc. (NASDAQ:FSLY) Kip Compton.

“Fastly’s modern edge platform is built for an internet increasingly defined by AI, performance, and security. I’m confident Joan’s vision will help accelerate our momentum as we bring Fastly to more customers worldwide,” he noted.