AMD Could Swing $90.7 Billion After Earnings

Earnings are set to hit the tape in a tight window on Tuesday and the options market is already laying down expectations for how violent the post-print reaction could be. For retail investors, implied moves can be a quick way to sanity-check whether a stock’s setup looks calm, coiled, or outright jumpy, according to Benzinga Pro.

This is a Benzinga-selected watchlist that spans big pharma, industrials, travel, networking gear, semiconductors and software. The marquee name on this list is Advanced Micro Devices — but the biggest implied move is saved for the final section as the countdown runs from the least volatile setup to the most.

7. 14% Pfizer Inc.

(NYSE:PFE) reports third quarter of 2026 results before the opening bell. 87 billion in revenue.

65 billion a year ago, putting the focus on whether the drugmaker can stabilize growth as investors parse the mix between its prescription-drug and vaccine franchises. 15 billion of market value at stake.

Pfizer is one of the world’s largest pharmaceutical firms, with prescription drugs and vaccines driving the bulk of sales. The stock carries a Buy consensus rating, and Benzinga Pro notes the stock is trading above the 180-day average analyst price forecast.

In October, JP Morgan and Cantor Fitzgerald reiterated Neutral ratings while raising their price forecasts, and Scotiabank reiterated Sector Outperform and also raised its forecast. 3% above the 200-day moving average since the 50-day moving average crossed above the 200-day in September.

44. Read Also: Buying the Intel Dip Could Be a Mistake, Analyst Warns—‘Dead Money’ Until ‘Bad Planning’ and Capacity Woes Are Fixed 6.

76% Amgen Inc. (NASDAQ:AMGN) reports third quarter of 2026 results after the closing bell.

56 billion in the prior-year quarter. With a large-cap biotech like Amgen, investors often key in on whether steady execution shows up not just in EPS, but in the top line as well.

76% move. 9 billion of market value at stake even with a relatively modest percentage move.

Amgen is a leader in biotechnology-based human therapeutics, with well-known drugs spanning inflammation and immune support. The stock carries a Hold consensus rating, and Benzinga Pro says the share price sits above the 180-day average analyst price forecast.

Recent analyst activity has been mixed: in October, Oppenheimer reiterated Outperform and raised its price forecast, Barclays reiterated Equal-Weight and raised its forecast, while Guggenheim reiterated Neutral and cut its forecast. 9% above the 200-day moving average.

27. 5.

63% Booking Holdings Inc. (NASDAQ:BKNG) reports third quarter of 2026 results after the closing bell.

01 billion a year earlier. For Booking Holdings, the quarter tends to be a referendum on travel demand and take-rate dynamics across lodging, flights, and experiences — and whether growth is holding up as consumers prioritize discretionary spending.

83 billion of market value at stake. That’s a larger implied swing than the pharma names above, and it arrives with the stock trying to find its footing.

Booking Holdings runs the world’s largest online travel agency by sales, offering booking and payment services across hotels and alternative accommodations, airlines, rental cars, cruises and more. The stock carries a Buy consensus rating, and Benzinga Pro notes the 180-day average analyst price forecast sits well above where the stock trades.

In October, BTIG reiterated a Buy rating, while Cantor Fitzgerald reiterated Neutral and cut its price forecast and Wells Fargo reiterated Equal-Weight and cut its forecast. 5% below the 200-day moving average after the 50-day moving average crossed below the 200-day in October.

28. 4.

82% Eaton Corp. (NYSE:ETN) reports third quarter of 2026 results before the opening bell.

99 billion in the year-ago period. With Eaton Corp.

tied to a broad set of industrial end markets, the print can hinge on whether demand and execution remain strong enough to support that kind of year-over-year growth. 82% move, according to Benzinga Pro.

With Eaton Corp. 6 billion of market cap in play around the report.

Eaton Corp. has grown into an industrial powerhouse over time, expanding through acquisitions after its early roots selling truck axles.

The stock carries a Buy consensus rating, and Benzinga Pro notes shares trade well below the 180-day average analyst price forecast. In October, RBC Capital reiterated Outperform and raised its price forecast, while Citigroup reiterated Buy and raised its forecast; Wells Fargo initiated coverage in September with an Overweight rating.

Shares are up 13% year-to-date, but they trade 5% below the 200-day moving average. The stock sits about 21% below the 52-week high of $478.

3. 82% Arista Networks (NYSE:ANET) reports third quarter of 2026 results after the closing bell.

31 billion a year ago. That’s a sizable growth setup, and it puts pressure on the company to show that data-center networking demand — and the software attached to it — is translating cleanly into results.

4 billion of market value at stake. That’s one of the larger implied swings in this Benzinga-selected lineup, reflecting how quickly sentiment can shift in high-growth infrastructure names.

Arista Networks sells Ethernet switches and software to data centers, with its extensible operating system as a core product layer across its devices. The stock carries a Buy consensus rating, and Benzinga Pro notes the stock is trading well below the 180-day average analyst price forecast.

Recent calls have pointed in different directions: in October, TD Cowen reiterated Buy but cut its price forecast, while Citigroup reiterated Buy and raised its forecast; Bernstein initiated coverage in September with an Outperform rating. 2% above the 200-day moving average.

41. 2.

85% Advanced Micro Devices (NASDAQ:AMD) reports third quarter of 2026 results after the closing bell. 25 billion in the prior-year quarter.

With Advanced Micro Devices spanning PCs, gaming, and data centers — including artificial intelligence — investors will be watching whether growth remains broad-based and whether guidance keeps pace with expectations. 85% move.

7 billion of market value at stake — the largest dollar figure on this list even though it’s not the biggest percentage swing. Advanced Micro Devices designs digital semiconductors for markets ranging from consumer devices to industrial and automotive applications, with data-center demand a key swing factor.

The stock carries a Buy consensus rating, and Benzinga Pro says the share price sits well below the 180-day average analyst price forecast. In October, Susquehanna reiterated a Positive rating and raised its price forecast and Wedbush reiterated an Outperform rating.

0% above the 200-day moving average. 52.

1. 01% Shopify Inc.

(NASDAQ:SHOP) reports third quarter of 2026 results before the opening bell. 84 billion a year earlier.

For Shopify Inc. Class A subordinate voting shares, the quarter is a read on e-commerce enablement demand — and whether merchant activity and platform monetization are keeping the growth engine humming.

01% move, the widest implied swing in this seven-stock watchlist. 6 billion of market value at stake around the print.

Shopify provides an e-commerce platform geared primarily toward small and medium-size businesses. The stock carries a Buy consensus rating, and Benzinga Pro notes the 180-day average analyst price forecast is above where the stock trades.

In October, Citigroup, Oppenheimer and RBC Capital raised their price forecasts. 1% above the 200-day moving average since the 50-day moving average crossed above the 200-day in August.

The stock sits about 69% above the 52-week low of $94.

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