Q2 Earnings Season Standouts: 3 Companies Raising Guidance

General Motors Earnings

General Motors posted a double-beat relative to our consensus expectations, with adjusted EPS of $3.57 reflecting a positive surprise of 14%. Sales of $48.0 billion came in 3% above our consensus sales estimate. The company raised its full-year 2026 EBIT adjusted guidance for the second time this year, with adjusted EPS guidance also getting raised.

EPS revisions for its current fiscal year got a boost from the lifted outlook, with the trend overall remaining positive for the entire last year. The profitability picture of automotive players is always a key driver behind sentiment, and the updated guidance across key profitability metrics remains a huge positive for GM’s share momentum overall.

Palantir Earnings

Palantir’s overall revenue surged by 93% YoY to $1.94 billion, yet again reflecting another acceleration relative to recent periods. Huge top-line growth has been led by rock-solid demand, with Palantir closing $3.4 billion of total contract value throughout the period, jumping 49% YoY.

The company lifted its guidance across many metrics, now expecting FY26 revenue in a band of $8.150 - $8.158 billion, reflective of 82% YoY growth. U.S. commercial demand is also expected to remain red-hot, with PLTR upping the guidance to reflect 134% YoY growth. The stock is a Zacks Rank #2 (Buy).

Bloom Energy Earnings

Bloom Energy delivered rock-solid results in its earnings release, easily beating our consensus expectations. The company posted record quarterly revenue of $1.07 billion, growing 166% year-over-year while also significantly raising its full-year 2026 outlook.

The growth surge was driven by soaring demand for its solid-oxide fuel cell systems thanks to major U.S. hyperscalers and AI data center operators seeking reliable on-site power.

Bloom Energy now expects full-year revenue in a range of $3.9 - $4.2 billion, with positive revisions also flowing in for its next fiscal year following the release. The stock sports a Zacks Rank #1 (Strong Buy), with EPS revisions also remaining on a bullish trajectory across the board.

Bottom Line

Guidance upgrades are always a bullish development to watch for in earnings releases, commonly leading to positive post-earnings share reactions. While it isn’t a guarantee that a stock will pop just because it raised its outlook, it remains a favorable fundamental factor. Companies raising guidance, particularly on the earnings front, always deserve some level of attention from investors.

All three stocks above – Palantir PLTR, General Motors GM, and Bloom Energy BE – have recently upped their outlooks.

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