Today's Pre-Market Movers and Top Ratings | AMBA, NTNX, DELL, WDAY and More

$Ambarella (AMBA.US)$ shares up 20% on strong outlook. Q4 revenue forecast of $76M-$80M beats $69M analyst expectation. Q3 results also surpassed estimates.

$Nutanix (NTNX.US)$ The cloud infrastructure company saw its shares rise 5% after it offered upbeat guidance for the current quarter. Revenue forecast $635M-$645M, above $631M analyst expectation.

$Urban Outfitters (URBN.US)$ Shares jumped 3% following the retailer's better-than-expected third-quarter results. Urban Outfitters reported adjusted earnings of $1.10 per share on $1.36 billion in revenue, above the consensus estimate of 86 cents per share and $1.34 billion in revenue.

$Dell Technologies (DELL.US)$ fell after the company posted worse-than-expected revenue for its October quarter late Tuesday. Dell's Q3 results: Revenue missed at $24.4B vs $24.7B expected. EPS beat at $2.15 vs $2.06 forecast. AI server orders hit record $3.6B, with pipeline growing over 50%. COO highlights AI as strong opportunity. Stock down 12% premarket following report.

$Workday (WDAY.US)$ shares dropped 10% after the HR software firm projected lower-than-expected Q4 subscription revenues and operating margin. The company forecasts $2.025 billion in subscription revenue and a 25% operating margin, falling short of analyst estimates.

$HP Inc (HPQ.US)$ reported mixed earnings Tuesday. The stock fell 8.3% in premarket trading Wednesday. HP's Q4 results: EPS $0.93, meeting estimates and up 3% YoY. Revenue $13.2B, down 4% and below expectations. PC segment at $9.6B, up 2% but slightly under forecast. Printer segment at $4.5B, up 1%, beating estimates and ending 11-quarter decline streak.

$CrowdStrike (CRWD.US)$ shares down 3% on weak Q4 outlook. EPS forecast of $0.84-$0.86 below $0.86 estimate. Q3 results beat expectations.

$Autodesk (ADSK.US)$ shares down 9% on underwhelming forecast. Q4 EPS guidance $2.10-$2.16 on revenue $1.623B-$1.638B, near analyst expectations. The company also named Janesh Moorjani as chief financial officer, effective Dec. 16.