These 10 Stocks Soared by Double Digits Today!

Ten companies soared by whopping double digits on Thursday, defying a broader slump, thanks to a flurry of fresh catalysts, including corporate earnings, higher price targets, and optimistic outlooks.

Meanwhile, the Dow Jones finished flat during the day, while the S&P 500 dipped by 0.04 percent. In contrast, the tech-heavy Nasdaq grew by 0.28 percent.

In this article, let us take a look at the 10 companies that led the charge and explore the reasons behind their strong performance.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

10. Snowflake Inc. (NYSE:SNOW)

Cloud-based data storage provider Snowflake jumped by 13.43 percent on Thursday to close at $203.18 apiece following news that it cracked past the $1-billion revenue mark in the first quarter of fiscal year 2026.

In its financial statement, Snowflake Inc. (NYSE:SNOW) said that revenues increased by 25.7 percent to $1.04 billion during the period from the $829 million registered in the same period last year, on the back of higher product revenues.

However, it remained at a 35-percent higher net loss of $430 million versus $318 million year-on-year.

For the second quarter, Snowflake Inc. (NYSE:SNOW) expects product revenues to grow by 25 percent to a range of $1.035 billion to $1.04 billion.

Following the results, Citi Group gave a Buy recommendation on the company’s stock, while also raising its price target to $245 from $235 previously. The new price target represented a 20.6-percent upside from its latest closing price.

9. Hertz Global Holdings, Inc. (NASDAQ:HTZ)

Hertz Global snapped a two-day losing streak on Thursday, finishing 16.16 percent higher to close at $7.26 apiece as investor sentiment was boosted by an investment firm’s higher price target for its stock.

Deutsche Bank raised its price target for Hertz Global Holdings, Inc. (NASDAQ:HTZ) to $4 from $3 previously, while maintaining a Hold rating.

This followed the car rental giant’s recent addition of a new high-end vehicle brand to its fleet in a bid to meet growing demand for premium services.

Before the official summer season, Hertz Global Holdings, Inc. (NASDAQ:HTZ) added to its fleet the 2025 Jeep Wrangler, said to be one of the best-selling plug-in hybrid vehicles in the US, as it sees a high demand for the variant during the summer.

The launch followed Hertz Global Holdings, Inc.’s (NASDAQ:HTZ) release of its first quarter performance earlier this week. Net loss widened by 138 percent to $443 million from $186 million in the same period last year, while revenues dropped by 13 percent to $1.8 billion from $2.08 billion year-on-year.