Meta Platforms, Tesla Could Swing More Than $100 Billion After Earnings

Earnings are set to hit the tape on Wednesday and options markets are already laying down a roadmap for how volatile these prints could be. For retail investors, implied moves can be a quick way to gauge where expectations — and risk — are concentrated, according to Benzinga Pro.

This is a Benzinga-selected watchlist that runs from low-volatility setups to the biggest swing the options market is bracing for. The marquee name on the list is Meta Platforms, but the largest implied move is saved for the final section as the countdown builds toward rank 1.

9. 10% AT&T Inc.

(NYSE:T) reports third quarter of 2026 results before the opening bell. 71 billion a year ago.

10% post-earnings move, according to Benzinga Pro. 54 billion of market value at stake around the report.

AT&T’s core wireless business drives about 70% of revenue, and the carrier base includes 75 million postpaid and 17 million prepaid phone customers — putting subscriber trends and pricing in focus alongside any commentary on network investment. The stock carries a Buy consensus rating, and the stock is trading below the 180-day average analyst price forecast; in September, Morgan Stanley reiterated its Overweight rating and raised its price forecast.

2% below the 200-day moving average. 43.

Read Also: Amazon Stock to Top $300 in October? Prediction Market Punters Trade the Odds as Morgan Stanley Raises Near-Term Target 8.

18% Philip Morris International Inc. (NYSE:PM) reports third quarter of 2026 results before the opening bell.

85 billion in the prior-year quarter. 18% move.

2 billion of market value in play as investors weigh the quarter and any forward commentary. , so volume/mix and adoption trends remain central to the earnings narrative.

The Street consensus is Buy, and the share price sits below the 180-day average analyst price forecast; in September, UBS reiterated its Neutral rating and raised its price forecast. 2% above the 200-day moving average.

11. 7.

85% Thermo Fisher Scientific, Inc. (NYSE:TMO) reports third quarter of 2026 results before the opening bell.

12 billion a year earlier. 85% move.

9 billion of market cap at stake around earnings. Thermo Fisher Scientific sells scientific instruments and lab equipment, diagnostics consumables and life science reagents — a mix that can make guidance and demand commentary just as important as the headline beat or miss.

The stock has a Buy consensus rating, though the 180-day average analyst price forecast is below where the stock trades; in October, Morgan Stanley and TD Cowen raised their price forecasts. 2% above the 200-day moving average since the 50-day moving average crossed above the 200-day in August.

27. 6.

90% Meta Platforms, Inc. (NASDAQ:META) reports third quarter of 2026 results after the closing bell.

24 billion in the year-ago quarter. 90% move around the print, per Benzinga Pro.

78 trillion market cap, that implies roughly $105 billion of market value at stake — one of the largest dollar swings on the list even with a mid-pack percentage move. Meta Platforms runs the world’s largest social media ecosystem, with close to 4 billion monthly active users across Facebook, Instagram, Messenger and WhatsApp, keeping ad demand and engagement trends front and center.

The stock carries a Buy consensus rating and shares trade below the 180-day average analyst price forecast; in October, Morgan Stanley reiterated its Overweight rating and raised its price forecast, while Citigroup reiterated its Buy rating and raised its price forecast. 6% above the 200-day moving average since the 50-day moving average crossed above the 200-day in October.

26. 5.

24% Tesla, Inc. (NASDAQ:TSLA) reports third quarter of 2026 results after the closing bell.

09 billion a year ago. 24% move.

7 billion of market value at stake as investors parse margins, deliveries and any updates tied to autonomy and robotics. Tesla is a vertically integrated EV maker that also develops real-world AI software, including autonomous driving and humanoid robots — a combination that can make guidance and product commentary key drivers of the post-earnings reaction.

The consensus rating is Buy and the stock is trading below the 180-day average analyst price forecast; in October, Jefferies reiterated its Hold rating and raised its price forecast. 1% below the 200-day moving average.

83. 4.

Danaher Corp. 38% Danaher Corp.

(NYSE:DHR) reports third quarter of 2026 results before the opening bell. 05 billion in the prior-year quarter.

38% move. 1 billion of market value at stake around the release.

Danaher traces its roots to an industrial-focused manufacturing transformation, and investors often look to the company’s results for signals across its measurement and control footprint. The stock carries a Buy consensus rating, and the share price is roughly in line with the 180-day average analyst price forecast; in October, Morgan Stanley and Barclays raised their price forecasts.

5% above the 200-day moving average since the 50-day moving average crossed above the 200-day in September. 93.

3. 43% International Business Machines Corp.

(NYSE:IBM) reports third quarter of 2026 results after the closing bell. 33 billion a year ago.

43%. 3 billion of market cap at stake as investors weigh software, services and hardware demand signals.

International Business Machines is one of the oldest tech companies, providing software, IT consulting services and hardware to help enterprises modernize workflows — making bookings and guidance a key part of the earnings read-through. The stock has a Buy consensus rating, and the 180-day average analyst price forecast is above where the stock trades; in October, Morgan Stanley reiterated its Equal-Weight rating and raised its price forecast, while Truist Securities initiated coverage with a Hold rating.

7% below the 200-day moving average. 46.

2. Texas Instruments Inc.

58% Texas Instruments Inc. (NASDAQ:TXN) reports third quarter of 2026 results after the closing bell.

74 billion in the year-ago quarter. 58% move, according to Benzinga Pro.

6 billion of market value at stake around the report. Texas Instruments generates more than 95% of revenue from semiconductors and is the world’s largest maker of analog chips — components tied closely to broad industrial and electronics demand.

The stock carries a Buy consensus rating and shares trade below the 180-day average analyst price forecast; in October, TD Cowen reiterated its Buy rating and cut its price forecast. 4% above the 200-day moving average.

03. 1.

42% Lam Research Corp (NASDAQ:LRCX) reports first quarter of 2027 results after the closing bell. 32 billion in the prior-year period.

42%. 1 billion of market value at stake as the company kicks off its fiscal year.

Lam Research is a major semiconductor wafer fabrication equipment supplier, specializing in deposition and etch tools used to build and pattern chip layers — a business that can swing with foundry and memory spending cycles. The stock carries a Buy consensus rating, and the stock is trading well below the 180-day average analyst price forecast; in October, Morgan Stanley and B.

Riley Securities raised their price forecasts. 4% below the 200-day moving average.

50.

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