Earnings are back in focus on Thursday, with a Benzinga-selected slate that runs from household staples to rail, defense, energy, semiconductors and streaming. As investors brace for the next round of results and guidance, the options market is already sketching out how far these names could swing once the prints hit, according to Benzinga Pro.
The marquee name on this list is Procter & Gamble, but the biggest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile. Read Also: Elon Musk Says SpaceX's Starlink Is Rewriting Telecom With ‘Entirely New Pieces’ as T-Mobile, AT&T and Verizon Downplay the Threat: ‘They Don't Understand’ 7.
15% Procter & Gamble Company (NYSE:PG) reports first quarter of 2027 results before the opening bell. 39 billion a year ago.
15% move, the smallest implied swing in this seven-stock watchlist. 6 billion of market value at stake.
Procter & Gamble sits at the center of everyday consumer demand, with a portfolio spanning categories like soap, detergents and personal care. The stock carries a Buy consensus rating, and the stock is trading near the 180-day average analyst price forecast; in October, Evercore ISI Group upgraded the stock to Outperform and raised its price forecast, while Citigroup reiterated its Buy rating and raised its price forecast, according to the analyst context tracked by Benzinga Pro.
8% above the 200-day moving average since the 50-day moving average crossed below the 200-day in August. 6.
94% Union Pacific Corp. (NYSE:UNP) reports third quarter of 2026 results before the opening bell.
24 billion in the prior-year quarter. 73 billion of market value in play.
For a railroad tied closely to industrial demand and pricing discipline, that’s a meaningful one-day range. S.
The stock carries a Buy consensus rating, but the share price sits below the 180-day average analyst price forecast; in October, Citigroup, JP Morgan, and Susquehanna cut their price targets, per Benzinga Pro’s analyst summary. 5% above the 200-day moving average.
53. 5.
52% Newmont Corp. (NYSE:NEM) reports third quarter of 2026 results after the closing bell.
52 billion a year earlier. 54 billion of market value at stake.
For a gold miner, the earnings reaction can hinge not just on the quarter’s execution but also on how costs and production line up against the commodity tape. Newmont is the world’s largest gold miner, built through major deals including Goldcorp and Newcrest and a Nevada joint venture with Barrick.
The stock carries a Buy consensus rating, and the 180-day average analyst price forecast is above where the stock trades; in October, Citigroup reiterated its Buy rating and raised its price forecast, while Barclays reiterated its Overweight rating and cut its price forecast, as reflected in Benzinga Pro’s recent analyst actions. 7% above the 200-day moving average since the 50-day moving average crossed below the 200-day in July.
05. 4.
54% Lockheed Martin Corp. (NYSE:LMT) reports third quarter of 2026 results before the opening bell.
61 billion in the year-ago quarter. 73 billion of market cap at stake.
With defense names often trading on program execution and forward commentary, that implied range suggests traders are braced for more than just a routine print. Lockheed Martin is the world’s largest defense contractor and a dominant player in high-end fighter aircraft, anchored by the F-35 program.
The stock has a Hold consensus rating and shares trade below the 180-day average analyst price forecast; in October, RBC Capital, Bernstein, and TD Cowen cut their price forecasts, according to Benzinga Pro’s analyst snapshot. 2% below the 200-day moving average.
00. 3.
77% Valero Energy Corp. (NYSE:VLO) reports third quarter of 2026 results before the opening bell.
17 billion a year ago. 98 billion of market value at stake.
Refiners can see sharp post-earnings repricing when margins and utilization trends surprise, and this implied move signals traders are keeping that risk on the table. , running 15 refineries and also owning ethanol capacity.
The stock carries a Buy consensus rating, and the stock is trading near the 180-day average analyst price forecast; in October, Wells Fargo, Citigroup, and Evercore ISI Group raised their price forecast, per Benzinga Pro’s analyst roundup. 6% above the 200-day moving average.
26. 2.
Western Digital Corp. 95% Western Digital Corp.
(NASDAQ:WDC) reports first quarter of 2027 results after the closing bell. 82 billion in the prior-year period.
7 billion of market cap in play. That’s a sizable earnings band for a large-cap storage supplier, reflecting how quickly sentiment can shift on demand signals and pricing.
Western Digital is a leading vertically integrated supplier of hard disk drives in a market that functions as a practical duopoly alongside Seagate. The stock carries a Buy consensus rating, but the share price sits well below the 180-day average analyst price forecast; in October, Morgan Stanley, Wells Fargo, and UBS cut their price forecast, according to Benzinga Pro’s analyst context.
9% below the 200-day moving average. 87.
1. 31% Spotify Technology (NYSE:SPOT) reports third quarter of 2026 results before the opening bell.
99 billion a year ago. 87 billion of market value at stake.
That elevated range underscores how sensitive the stock can be to updates on growth, monetization and profitability. A.
is the leading global music streaming service, with over 750 million monthly active users and nearly 300 million paying subscribers. The stock carries a Buy consensus rating, and the 180-day average analyst price forecast is above where the stock trades; in October, StoneX downgraded the stock to Hold, while Cantor Fitzgerald reiterated its Neutral rating and cut its price forecast, based on Benzinga Pro’s tracking of recent analyst actions.
5% above the 200-day moving average since the 50-day moving average crossed above the 200-day in September. 95.
