Earnings Report: 7 Stocks Expected to Report Earnings Soon
October 23, 2023 (Earnings Report)Dear Reader,We just identified several stocks that are expected to release earnings very soon.If you are interested in any of these companies, we encourage you to do your own research and due diligence before pursuing any investments.Keep in mind, the actual earnings date and time may change, so if you’re interested in any of these companies you will need to pay close attention to their announcements.
Meta Platforms
Symbol: META
Recent Price: $308.65
Average Analyst Price Target: $378.00 (21.96%)
Market Cap: $686.00B
Last Year's EPS: 2.2
Consensus EPS Forecast: 2.92
Expected Earnings Date: 2023-07-26
Recent Analyst Action: Ronald Josey, analyst at Citi, reiterates coverage on Meta Platforms (META) in the Technology sector with a Buy rating and a price target of $385 (2 days ago).
TipRanks.com also reports that Meta Platforms currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $378.00 . The target pricing ranges from a high forecast of $400 down to a low forecast of $360. Meta Platforms (META)’s last closing price was $308.65 which would put the average price target at 21.96% upside.Here are 3rd party ratings for META:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 28% (70 out of 251)
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International Business Machines
Symbol: IBM
Recent Price: $137.16
Average Analyst Price Target: $152.20 (9.36%)
Market Cap: $124.95B
Last Year's EPS: 1.36
Consensus EPS Forecast: 2.01
Expected Earnings Date: 2023-07-19
Recent Analyst Action: Wamsi Mohan, analyst at Bank of America Securities, reiterates coverage on International Business Machines (IBM) in the Technology sector with a Buy rating and a price target of $155 (3 days ago).
TipRanks.com also reports that International Business Machines currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $152.20 . The target pricing ranges from a high forecast of $188 down to a low forecast of $130. International Business Machines (IBM)’s last closing price was $137.16 which would put the average price target at 9.36% upside.Here are 3rd party ratings for IBM:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Bottom 39% (154 out of 251)
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Weatherford International
Symbol: WFRD
Recent Price: $92.97
Average Analyst Price Target: $105.20 (22.08%)
Market Cap: $6.70B
Last Year's EPS: 0.97
Consensus EPS Forecast: 1.13
Expected Earnings Date: 2023-07-25
Recent Analyst Action: James West, analyst at Evercore ISI, reiterates coverage on Weatherford International (WFRD) in the Energy sector with a Buy rating and a price target of $127 (1 month ago).
TipRanks.com also reports that Weatherford International currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $105.20 . The target pricing ranges from a high forecast of $88 down to a low forecast of $100. Weatherford International (WFRD)’s last closing price was $92.97 which would put the average price target at 22.08% upside.Here are 3rd party ratings for WFRD:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 21% (53 out of 251)
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Alkermes
Symbol: ALKS
Recent Price: $27.02
Average Analyst Price Target: $36.80 (36.42%)
Market Cap: $4.50B
Last Year's EPS: 0.01
Consensus EPS Forecast: 0.48
Expected Earnings Date: 2023-07-26
Recent Analyst Action: Uy Ear, analyst at Mizuho Securities, reiterates coverage on Alkermes (ALKS) in the Healthcare sector with a Buy rating and a price target of $37 (5 days ago).
TipRanks.com also reports that Alkermes currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $36.80 . The target pricing ranges from a high forecast of $48 down to a low forecast of $31. Alkermes (ALKS)’s last closing price was $27.02 which would put the average price target at 36.42% upside.Here are 3rd party ratings for ALKS:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Top 31% (78 out of 251)
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FTAI Aviation
Symbol: FTAI
Recent Price: $33.54
Average Analyst Price Target: $40.60 (22.24%)
Market Cap: $3.35B
Last Year's EPS: 0.22
Consensus EPS Forecast: 0.3
Expected Earnings Date: 2023-07-26
Recent Analyst Action: Christian Wetherbee, analyst at Citi, reiterates coverage on FTAI Aviation (FTAI) in the Industrials sector with a Buy rating and a price target of $40 (1 week ago).
TipRanks.com also reports that FTAI Aviation currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $40.60 . The target pricing ranges from a high forecast of $46 down to a low forecast of $37. FTAI Aviation (FTAI)’s last closing price was $33.54 which would put the average price target at 22.24% upside.Here are 3rd party ratings for FTAI:
- TipRanks.com: Strong Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 29% (73 out of 251)
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Conmed
Symbol: CNMD
Recent Price: $92.47
Average Analyst Price Target: $138.00 (47.54%)
Market Cap: $2.84B
Last Year's EPS: 0.66
Consensus EPS Forecast: 0.79
Expected Earnings Date: 2023-07-26
Recent Analyst Action: Vik Chopra, analyst at Wells Fargo, reiterates coverage on Conmed (CNMD) in the Healthcare sector with a Hold rating and a price target of $123 (1 week ago).
TipRanks.com also reports that Conmed currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $138.00 . The target pricing ranges from a high forecast of $145 down to a low forecast of $123. Conmed (CNMD)’s last closing price was $92.47 which would put the average price target at 47.54% upside.Here are 3rd party ratings for CNMD:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Buy, Top 15% (38 out of 251)
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Sunnova Energy International
Symbol: NOVA
Recent Price: $8.67
Average Analyst Price Target: $18.30 (148.56%)
Market Cap: $1.05B
Last Year's EPS: -0.7
Consensus EPS Forecast: -0.45
Expected Earnings Date: 2023-07-26
Recent Analyst Action: Mark Strouse, analyst at J.P. Morgan, reiterates coverage on Sunnova Energy International (NOVA) in the Energy sector with a Buy rating and a price target of $18 (3 days ago).
TipRanks.com also reports that Sunnova Energy International currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $18.30 . The target pricing ranges from a high forecast of $31 down to a low forecast of $12. Sunnova Energy International (NOVA)’s last closing price was $8.67 which would put the average price target at 148.56% upside.Here are 3rd party ratings for NOVA:
- TipRanks.com: Moderate Buy
- TradingView.com:
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 27% (184 out of 251)
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To Your Financial Future,
The Editor, WallStreetSectors.com