Seeking Alpha盘前大盘点：Semtech财报超预期涨3.2%、Intuit指引大幅低于共识跌11.7%、SAP遭UBS降级跌4.8%

Here are some of Wednesday's biggest stock movers:
Semtech (SMTC) +3.2% - Shares rose as the semiconductor company reported second-quarter results and guidance that topped estimates. For the period ending July 26, Semtech said it earned an adjusted $0.71 per share as revenue rose 32.7% year-over-year to $341.9M. Signal Integrity revenue jumped 64% year-over-year to $126.2M, while IoT Systems & Connectivity revenue rose 11% to $98.3M. "We are well aligned with the ramp to 1.6T complementing 800-gig growth" and "we expect this momentum to carry through the second half of the year and into fiscal 2028," CEO said.
HEICO (HEI) +2.5% - Shares advanced after the aerospace and electronics manufacturer reported fiscal third-quarter earnings and revenue that beat Wall Street estimates. Revenue rose 23% from a year earlier to a record $1.41 billion, topping the consensus estimate of $1.35 billion by about 4.7%. For investors, the results showed broad demand across commercial aviation aftermarket parts, defense products and aerospace electronics. Organic sales rose 14% companywide, while acquisitions provided another source of growth.
Spyre Therapeutics (SYRE) ~12% - Shares dropped after posting top-line phase 2 data on SPY072 for rheumatoid arthritis that offered mixed results. While the low dose tested met the primary endpoint—change from baseline in DAS28-CRP—it missed on the high dose.
Intuit (INTU) -11.7% - Shares fell after the parent of Credit Karma, TurboTax, and Mailchimp issued FY2027 and fiscal Q1 guidance far below the consensus estimates. That disappointing outlook followed fiscal Q4 results that topped Wall Street expectations. The company anticipates full-year 2027 non-GAAP EPS of $22.68-$23.12, vs. the consensus of $27.30. Revenue is expected to be $23.279B-$23.512B, lower than the consensus estimate of $23.7B.
SAP (SAP) -4.8% - Stock fell after UBS reduced its rating to neutral from buy, citing the software company’s slow progress in delivering AI products to customers. “It is only delivering agentic AI into customers’ hands slowly, we believe limiting the monetization opportunity and increasing the prospect of customers choosing a DIY route to adopting AI in the interim,” analysts led by Michael Briest wrote in a note, as per reports. Still see “deep moat” around core business and expect earnings growth to remain healthy.