Liveramp To Discuss Third Quarter Fy26 Financial Results

What Happened?

A number of stocks traded in opposite directions in the afternoon session after geopolitical tensions between the United States and the European Union escalated, sparking fears of a renewed trade war. 

The broader markets adopted a "risk-off" mode, with investors seeking safe-haven assets amidst the uncertainty. The market's primary fear gauge, the VIX, jumped to a fresh eight-week high, signaling rising investor anxiety. The dispute, centered on Greenland, raised the possibility of a revived trade conflict, which could disrupt global supply chains and economic activity. 

Mega-cap technology stocks, many of which have significant international sales and operations, were particularly affected by the souring risk sentiment as a potential trade war threatened their global business models.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Data Storage company MongoDB fell 3.5%. Is now the time to buy MongoDB? Access our full analysis report here, it’s free.
• Data Infrastructure company C3.ai fell 1.3%. Is now the time to buy C3.ai? Access our full analysis report here, it’s free.
• Advertising Software company LiveRamp jumped 0.2%. Is now the time to buy LiveRamp? Access our full analysis report here, it’s free.
• Lending Software company Upstart fell 3.6%. Is now the time to buy Upstart? Access our full analysis report here, it’s free.
• Data Storage company DigitalOcean fell 2.9%. Is now the time to buy DigitalOcean? Access our full analysis report here, it’s free.

Zooming In On Upstart (UPST)

Upstart’s shares are extremely volatile and have had 69 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 15 days ago when the stock gained 9% as investor attention turned to the annual CES 2026 technology conference in Las Vegas, with artificial intelligence emerging as a central theme. 

Attention shifted to tech giants, whose CEOs would headline the event. This focus continued the AI-fuelled momentum that drove market gains the previous year. The rally had global reach, with an MSCI Asia Pacific Index surge being driven by heavyweight chip names like Samsung and Taiwan Semiconductor Manufacturing Company. The event reinforced investor confidence in the long-term demand for the booming AI and chipmaking trend, boosting shares of companies across the semiconductor and technology space.

Upstart is flat since the beginning of the year, and at $45.43 per share, it is trading 48.8% below its 52-week high of $88.77 from February 2025. Investors who bought $1,000 worth of Upstart’s shares 5 years ago would now be looking at an investment worth $822.71.

What Happened?

A number of stocks fell in the afternoon session after a wave of competitive anxiety hit the enterprise software sector sparked by a high-profile downgrade of Adobe, triggering a broader sell-off in high-valuation cloud stocks. 

A major analyst at Oppenheimer downgraded the stock, warning that Adobe's AI tools aren't boosting sales as quickly as everyone hoped.Also, Snowflake took a direct hit after Barclays downgraded it to "Hold," citing intense pressure from heavyweights like Amazon and Oracle, who aggressively bundled their own AI data tools. Simultaneously, DocuSign and Asana struggled against the narrative that their core markets were becoming commoditized.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Data Analytics company Domo fell 8.8%. Is now the time to buy Domo? Access our full analysis report here, it’s free.
• Data Analytics company Amplitude fell 5.1%. Is now the time to buy Amplitude? Access our full analysis report here, it’s free.
• Advertising Software company LiveRamp fell 5.6%. Is now the time to buy LiveRamp? Access our full analysis report here, it’s free.

Zooming In On Domo (DOMO)

Domo’s shares are extremely volatile and have had 37 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 5 days ago when the stock dropped 4.4% on the news that a broader market rotation out of the technology sector led to profit-taking following a recent rally. 

The move was part of a wider trend that saw high-growth technology stocks fall, with the Nasdaq experiencing the sharpest decline among the major indices. Multiple reports indicated that traders were locking in profits, particularly from the artificial-intelligence trade, which had previously seen a strong run-up. This market action represented a shift in investor focus, as money moved out of tech. 

Defense stocks emerged as the primary beneficiary of this capital shift, surging after President Trump proposed a massive $1.5 trillion defense budget for 2027. Major contractors rallied on the news, with Northrop Grumman jumping over 10% and Lockheed Martin gaining nearly 8%, providing a counterbalance to the tech slump that kept the S&P 500 flat. The rotation into heavy industry was further supported by a stabilization in energy markets, as crude prices rebounded.

Domo is down 13.1% since the beginning of the year, and at $7.21 per share, it is trading 60.4% below its 52-week high of $18.20 from September 2025. Investors who bought $1,000 worth of Domo’s shares 5 years ago would now be looking at an investment worth $111.97.

Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Braze and its peers.

The Internet and the exploding amount of data have transformed how businesses interact with, market to, and transact with their customers. Personalization of offerings, e-commerce, targeted advertising and data-empowered sales teams are now table stakes for modern businesses, and sales and marketing software providers are becoming the tools of evolving customer interaction.

The 21 sales and marketing software stocks we track reported a strong Q3. As a group, revenues beat analysts’ consensus estimates by 2.3% while next quarter’s revenue guidance was in line.

Thankfully, share prices of the companies have been resilient as they are up 5.2% on average since the latest earnings results.

Braze

With its technology powering interactions with 6.2 billion monthly active users across the digital landscape, Braze provides a platform that helps brands build and maintain direct relationships with their customers through personalized, cross-channel messaging and engagement.

Braze reported revenues of $190.8 million, up 25.5% year on year. This print exceeded analysts’ expectations by 3.6%. Overall, it was a very strong quarter for the company with a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ billings estimates.

Interestingly, the stock is up 2.5% since reporting and currently trades at $31.41.

Best Q3: Sprinklr

With a proprietary AI engine processing 450 million data points daily across 30+ digital channels, Sprinklr provides cloud-based software that helps large enterprises manage customer experiences across social, messaging, chat, and voice channels.

Sprinklr reported revenues of $219.1 million, up 9.2% year on year, outperforming analysts’ expectations by 4.5%. The business had an exceptional quarter with a solid beat of analysts’ billings estimates and EPS guidance for next quarter exceeding analysts’ expectations.

However, the results were likely priced into the stock as it’s traded sideways since reporting. Shares currently sit at $7.54.

Weakest Q3: Upland Software

Operating under the mantra "land and expand," Upland Software provides cloud-based applications that help organizations manage projects, workflows, and digital transformation across various business functions.

Upland Software reported revenues of $50.53 million, down 24.2% year on year, exceeding analysts’ expectations by 1.2%. Still, it was a softer quarter as it posted revenue guidance for next quarter missing analysts’ expectations.

Upland Software delivered the slowest revenue growth in the group. As expected, the stock is down 18% since the results and currently trades at $1.58.

Read our full analysis of Upland Software’s results here.

LiveRamp

Serving as the digital middleman in an increasingly privacy-conscious world, LiveRamp provides technology that helps companies securely share and connect their customer data with trusted partners while maintaining privacy compliance.

LiveRamp reported revenues of $199.8 million, up 7.7% year on year. This number topped analysts’ expectations by 1%. It was a strong quarter as it also produced an impressive beat of analysts’ EBITDA estimates and a narrow beat of analysts’ annual recurring revenue estimates.

The company added 5 enterprise customers paying more than $1 million annually to reach a total of 132. The stock is up 3.8% since reporting and currently trades at $28.46.

Read our full, actionable report on LiveRamp here, it’s free for active Edge members.

Wix

Powering over 263 million registered users worldwide with its AI-driven tools, Wix provides a cloud-based platform that helps individuals and businesses create and manage professional websites without requiring coding skills.

Wix reported revenues of $505.2 million, up 13.6% year on year. This result surpassed analysts’ expectations by 0.6%. Zooming out, it was a slower quarter as it produced a significant miss of analysts’ EBITDA estimates and revenue guidance for next quarter meeting analysts’ expectations.

The stock is down 20.4% since reporting and currently trades at $101.05.

Read our full, actionable report on Wix here, it’s free for active Edge members.

What Happened?

A number of stocks jumped in the afternoon session after investors wagered geopolitical tension would be contained following the U.S. military's operation in Venezuela, with the Dow hitting a fresh record. Sentiment remained firmly "risk-on" for early 2026, with Wall Street prioritizing domestic economic strength over foreign turbulence. Analysts noted that while the event raises short-term supply questions, the market largely viewed the potential stabilization of Venezuela's vast oil reserves as a long-term economic positive.Also, investor attention turned to the annual CES 2026 technology conference in Las Vegas, with artificial intelligence emerging as a central theme. Attention shifted to tech giants like Nvidia and AMD, whose CEOs were headlining the event. This focus continued the AI-fuelled momentum that drove market gains the previous year. The rally had global reach, with an MSCI Asia Pacific Index surge being driven by heavyweight chip names like Samsung and Taiwan Semiconductor Manufacturing Company. The event reinforced investor confidence in the long-term demand for the booming AI and chipmaking trend, boosting shares of companies across the semiconductor and technology space.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Advertising Software company LiveRamp jumped 3.2%. Is now the time to buy LiveRamp? Access our full analysis report here, it’s free for active Edge members.
• Developer Operations company GitLab jumped 3.5%. Is now the time to buy GitLab? Access our full analysis report here, it’s free for active Edge members.
• Advertising Software company PubMatic jumped 2.4%. Is now the time to buy PubMatic? Access our full analysis report here, it’s free for active Edge members.
• HR Software company Paylocity jumped 3.2%. Is now the time to buy Paylocity? Access our full analysis report here, it’s free for active Edge members.

Zooming In On GitLab (GTLB)

GitLab’s shares are extremely volatile and have had 35 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 28 days ago when the stock gained 7.6% on the news that investors revisited the company's strong third-quarter earnings report and upgraded full-year guidance, which had initially been met with a sell-off. 

The stock had previously plunged despite the company reporting solid results. For its fiscal third quarter, GitLab's revenue grew 25% year-over-year to $244.4 million. The company also raised its full-year forecast for both revenue and earnings per share. The initial negative reaction, which saw the stock fall sharply, appeared to stem from concerns about weakness in its segment serving smaller businesses. 

Broader market worries that artificial intelligence features were not turning into revenue as quickly as hoped also weighed on the stock. The rebound suggested investors were looking past these issues and focusing on the strong performance and improved outlook.

GitLab is up 3% since the beginning of the year, but at $37.25 per share, it is still trading 49.1% below its 52-week high of $73.14 from February 2025. Investors who bought $1,000 worth of GitLab’s shares at the IPO in October 2021 would now be looking at an investment worth $358.55.