Advanced Micro Devices headlines Tuesday’s reports, with investors looking for evidence that AI demand can withstand a sharp pullback in the stock. m.
43 est. vs.
74 billion est. vs.
2% below its 52-week highAnalyst view: Buy consensus, $176 target (25 analysts)Shopify has beaten estimates in seven of its past eight quarters, with the focus on whether merchant momentum and AI initiatives can sustain growth after the stock’s recent weakness. In Q2, it beat on both EPS and revenue.
On its August call, management highlighted a broader merchant platform, an open ecosystem and partnerships with OpenAI and Google. Keybanc maintained its Overweight rating while raising its target to $185 from $180 on Nov.
m. 73 est.
vs. 93 billion est.
vs. 2% YTD, at its 52-week highAnalyst view: Buy consensus, $29 target (8 analysts)Pfizer has beaten estimates in all of its past eight quarters, but the report will test whether strength in acquired products and the non-COVID portfolio can offset pressure on the legacy business.
In Q2, it beat on both EPS and revenue. On its August call, management pointed to strong growth from acquired products and momentum in its research pipeline.
m. 55 est.
vs. 52 billion est.
vs. 4% below its 52-week highAnalyst view: Buy consensus, $509 target (7 analysts)Eaton has beaten estimates in all of its past eight quarters, while the market looks for evidence that demand tied to electrification, data centers and industrial infrastructure can reaccelerate after the stock’s recent slide.
In Q2, it beat on both EPS and revenue. On its July call, management reported record revenue and raised its full-year organic-growth and adjusted-EPS outlook.
m. 95 est.
vs. 76 billion est.
vs. 1% below its 52-week highAnalyst view: Buy consensus, $465 target (13 analysts)Marathon Petroleum has beaten estimates in seven of its past eight quarters, with refining margins, utilization and cash generation central to a print following a major year-to-date stock advance.
In Q2, it beat on both EPS and revenue. On its August call, management emphasized record adjusted EBITDA and operational execution despite market volatility.
m. 66 est.
vs. 11 billion est.
vs. 9% below its 52-week highAnalyst view: Buy consensus, $455 target (3 analysts)Ferrari has beaten estimates in all of its past eight quarters, leaving investors focused on pricing power, order-book depth and the pace of its electric-vehicle rollout.
In Q2, it beat on both EPS and revenue. On its July call, management reported strong profitability, said the 2027 order book was fully covered and raised full-year guidance.
m. 89 est.
vs. 09 billion est.
vs. 7% below its 52-week highAnalyst view: Buy consensus, $645 target (29 analysts)Advanced Micro Devices has beaten estimates in seven of its past eight quarters, but the key test is whether data-center AI demand and Instinct accelerator adoption can support the stock after a steep monthly decline.
In Q2, it beat on both EPS and revenue. On its August call, management highlighted more than doubling data-center revenue, strong EPYC demand and continued growth in its AI business.
Morgan Stanley maintained its Equal-Weight rating while raising its target to $510 from $465 on Nov. m.
77 est. vs.
04 billion est. vs.
1% below its 52-week highAnalyst view: Hold consensus, $407 target (22 analysts)Amgen has beaten estimates in all of its past eight quarters, with investors watching whether its growth portfolio can keep carrying the business as the stock approaches its 52-week high. In Q2, it beat on both EPS and revenue.
On its August call, management highlighted double-digit sales growth across 22 products, led by Repatha, EVENITY and TEZSPIRE. m.
06 est. vs.
33 billion est. vs.
2% below its 52-week highAnalyst view: Buy consensus, $247 target (15 analysts)Arista Networks has beaten estimates in all of its past eight quarters, while the report will show whether AI networking demand can support the company after a sharp pullback from its high. In Q2, it beat on both EPS and revenue.
On its August call, management cited strong AI and enterprise demand, raised its full-year revenue outlook and emphasized AI fabrics and campus infrastructure. m.
49 est. vs.
55 billion est. vs.
9% below its 52-week highAnalyst view: Buy consensus, $235 target (17 analysts)Booking Holdings has beaten estimates in all of its past eight quarters, with the market focused on travel demand, room-night growth and whether its connected-trip and AI investments can counter a prolonged stock drawdown. In Q2, it beat on both EPS and revenue.
S. and Asia and improved customer experiences through AI.
m. 35 est.
vs. 71 billion est.
vs. 6% below its 52-week highSuncor Energy has beaten estimates in seven of its past eight quarters, with production normalization, refining throughput and shareholder returns the main read-through for an energy stock that has rallied strongly this year.
In Q2, it beat on both EPS and revenue.
