Check out the companies making headlines before the bell. DraftKings — Shares fell about 17% after the sports betting operator’s 2026 revenue forecast disappointed. In the fourth quarter, DraftKings earned 25 cents per share on revenue of $1.99 billion. That was better than the LSEG estimate of 15 cents per share in earnings and $1.98 billion in revenue. However, the company expects revenue this year to be between $6.5 billion and $6.9 billion, far below the consensus estimate of $7.31 billion. Roku — Shares rose 15% after Rosenblatt hiked its price target for the TV streaming platform to $118 from $106, implying 42% upside from Thursday’s close. Rivian Automotive — The electric truck manufacturer surged 20%. The company said it sees 2026 vehicle deliveries ranging from 62,000 to 67,000 units , which would be higher by 47% to 59% compared to 2025. Fourth-quarter adjusted losses came in at 54 cents per share, narrower than the LSEG consensus for a loss of 68 cents per share. Revenue of $1.29 billion topped the estimate of $1.26 billion. Applied Materials — The California-based semiconductor equipment company jumped 11% on the back of blowout earnings results. Applied Materials reported adjusted earnings of $2.38 per share on revenue of $7.01 billion, while analysts polled by LSEG expected earnings of $2.20 per share on revenue of …
