Last week was a good one for large-cap stocks, especially if you were holding shares of companies that reported earnings. Several names posted double-digit gains, with some nearly doubling. Here's a rundown of the top ten large-cap gainers from the week of May 25 to May 29, and what drove their moves.
Dell Technologies Inc. (DELL) led the pack with a 57% gain. The company reported better-than-expected first-quarter financial results and issued second-quarter guidance above analyst estimates. It also raised its full-year FY27 guidance above expectations, signaling strong demand for its AI-optimized servers and infrastructure.
Snowflake Inc. (SNOW) jumped 52.33% after reporting better-than-expected first-quarter results. The company also announced a multi-year strategic collaboration with Amazon Web Services to accelerate enterprise adoption of agentic AI. The deal positions Snowflake to benefit from the growing trend of AI-driven data analytics.
NetApp, Inc. (NTAP) increased 28.8% after reporting better-than-expected fourth-quarter financial results and issuing first-quarter and FY27 guidance above estimates. The data management and storage company continues to see strong demand for its cloud services.
Okta, Inc. (OKTA) soared 36.5% after reporting better-than-expected first-quarter results and raising its FY27 guidance. Analysts at BTIG and Needham raised their price targets on the stock, citing the company's strong execution in identity management.
Super Micro Computer, Inc. (SMCI) gained 35.58% last week. The company announced it is collaborating with Taiwanese authorities to help prevent illicit diversion of its server technology. Super Micro framed the effort as part of its broader compliance and supply-chain safeguards for server platforms used in AI and data center deployments.
Atlassian Corporation (TEAM) increased 25.55% last week. The collaboration software company didn't have a specific catalyst, but the move came amid a broader rally in tech stocks.
Arxis, Inc. (ARXS) gained 29.29% after reporting better-than-expected first-quarter sales results and issuing FY26 sales guidance above estimates. The company's strong performance in its core markets drove investor enthusiasm.
Nextpower Inc. (NXT) increased 29.19% after announcing it raised its FY27 guidance. The company also announced it will acquire Prevalon Energy, a move that expands its presence in the renewable energy space.
Ford Motor Company (F) jumped 22.64% last week. B of A Securities analyst John Murphy maintained a Buy rating on the stock and raised his price forecast from $17 to $20, citing improving fundamentals and the company's electric vehicle strategy.
Best Buy Co., Inc. (BBY) soared 27.37% after reporting better-than-expected first-quarter financial results. The electronics retailer benefited from strong demand for consumer electronics and a positive outlook for the year.
These ten stocks were the top large-cap gainers last week, and many of them have strong fundamentals and positive outlooks. Whether they belong in your portfolio depends on your investment strategy, but it's worth keeping an eye on them.
