Check out the companies that made headlines before the bell: Pfizer — The pharmaceutical giant released disappointing 2026 revenue guidance. Pfizer expected next year’s profit to be between $2.80 and $3 per share. Analysts polled by LSEG expected earnings per share of $3.05 in 2026, and the company also reaffirmed its 2025 outlook. The stock price remained near the flat line. Roku — The streaming platform rose more than 4% after Morgan Stanley upgraded the stock twice from underweight to overweight. “Roku’s platform revenue growth accelerated in the second half of 2025, suggesting that in addition to its growing user base, it is solidly deepening its streaming partnerships… the company is well-positioned to continue to benefit from industry tailwinds.”Kraft Heinz — As the company prepares to split into two publicly traded companies, former Keranova CEO announced that Steve Cahillane will become CEO in 2026. Stock prices rose slightly. Elanco Animal Health — The pet vaccine maker rose 4% after CEO Jeffrey Simmons and CFO Robert VanHimbergen disclosed the purchase, according to a regulatory filing. PayPal — Shares rose about 1.5% after the payments giant announced it had filed to form PayPal Bank, a financial institution focused on providing loans and savings accounts to small and medium-sized businesses. Ford Motor Co. — The Detroit automaker rose 1.2% after it announced its latest restructuring plan and raised its full-year outlook for adjusted earnings before interest and taxes. The company currently expects adjusted EBITDA to be approximately $7 billion in 2025, up from $6 billion and $6.5 billion. The company also plans to refocus on hybrid vehicles and exit investments in fully electric vehicles. It plans to record $19.5 billion in special expenses. —CNBC’s Michelle Fox, Fred Imbert and Liz Napolitano contributed reporting
