Several notable companies are experiencing significant premarket movements, including Dell Technologies, Ulta Beauty, Ambarella, and Gap.

Check out the companies making headlines in premarket trading.

The personal computer and technology company's stock dropped more than 16% after executives warned about increased margin pressure. Although the company reported a first-quarter earnings beat on both the top and bottom lines, it forecasted that its gross margin would decrease by approximately 150 basis points in 2025.

After Citi initiated coverage of the film studio company with a buy rating, shares surged 11%. Analyst Jason Bazinet stated that Lionsgate's decision to spin off its Starz segment could aid in increasing margins in the future.

Zscaler's cloud security stock surged over 16% after the company exceeded analyst expectations for its fiscal third-quarter earnings and revenue. LSEG reports that Zscaler posted adjusted earnings of 88 cents per share on revenue of $553 million, while analysts had predicted per-share earnings of 66 cents on $536 million in revenue.

Nordstrom's first-quarter loss was wider than expected, causing a 5% drop in department store stock before the opening bell. However, the company's full-year earnings forecast remained unchanged, and its Nordstrom Rack segment showed strong growth, outperforming the headline brand stores.

The apparel company's shares surged after it raised its full-year operating income forecast and predicted a 40% growth in operating income, compared to a previous estimate of low-to-mid-teens expansion.

The chipmaker's stock surged 18% after announcing continued revenue growth into fiscal year 2025 due to strong demand for artificial intelligence. Despite reporting a smaller-than-expected first-quarter loss and in-line revenue, Ambarella's stock remained stable.

Nearly 9% was added to the beauty retailer's shares after its CEO announced five key areas for improving sales. On Thursday, Ulta reported a 1.6% year-over-year increase in same-store sales, a significant slowdown from the previous year.

Despite the company issuing in-line second-quarter revenue guidance, the semiconductor stock dropped about 2%. However, the estimates for adjusted earnings per share were only one penny short of expectations.

The technology company's shares dropped 23% after its second-quarter earnings guidance fell short of analysts' expectations. MongoDB had predicted earning 46 cents to 49 cents per share on $460 million to $464 million of revenue, but analysts surveyed by LSEG had forecast $470 million of revenue and earnings of 58 cents per share.

The cybersecurity stock experienced a more than 13% decline following the release of a lower-than-anticipated full-year revenue outlook. The company now anticipates revenue to fall within the range of $808 million to $815 million, while analysts surveyed by LSEG had forecasted $817 million.

The global brand president role of Vans will be assumed by Michelle "Sun" Choe, who previously served as Lululemon's chief product officer. As a result, shares of the company behind brands like North Face increased by more than 7%.

The data storage company's stock increased by more than 2% following its successful fourth-quarter earnings report, which exceeded Wall Street's expectations on both the top and bottom lines. Additionally, NetApp forecasted strong earnings for the upcoming quarter, with an expected adjusted earnings per share of $1.80 on revenue of $1.67 billion.

— CNBC's Lisa Kailai Han, Pia Singh and Jesse Pound contributed reporting