Stocks from Carvana to Reddit expected to see week’s wildest earnings moves
Several companies preparing to report earnings this week could see their stocks score large gains or suffer considerable losses, based on current options trading on the shares. The current earnings season has been relatively smooth so far, with more than 80% of companies that have reported results posting better-than-expected revenue or earnings-per-share for the third quarter, FactSet data shows. But a series of smaller and volatile technology stocks are set to report this week and traders expect a wild ride for many. CNBC Pro screened for stocks that are expected to see the largest options-implied move in the week ahead. Here are a few of the stocks that might see outsized moves. Carvana The used car retailer is expected to swing as much as 14.6% in either direction after it reports earnings on Wednesday. Wall Street estimates Carvana will book earnings of $1.25 per share in the third quarter, down slightly from second-quarter results, LSEG data shows. Carvana has been flying high since earlier this year, when fears over automotive tariffs boosted its sales of used cars to records . The stock has surged 75% so far in 2025. Meta The Instagram and WhatsApp owner will report earnings this Wednesday, and its shares could move up or down as much as 6.2% afterward. On average, analysts expect Meta to clock $6.68 earnings per share for the third quarter, LSEG data shows. Meta’s stock is lagging behind many of its Magnificent 7 peers, particularly as the Facebook parent continues to pour massive amounts of cash into its database buildouts and poaches top AI talent from competitors. Meta shares have risen just 5% over the past three months, but the stock is up 28% year-to-date. Reddit Reddit’s shares could swing as much as 13.8% on Thursday as the internet forum provider reports earnings results for the third quarter. Wall Street, on average, estimates Reddit will book earnings of roughly fifty cents per share for the third quarter, up slightly from its second-quarter earnings and nearly three times its first quarter earnings, according to LSEG data. Reddit is heading into earnings season with strong momentum from its advertising sales and strategic AI partnerships. Shares have jumped nearly 34% since the beginning of the year, and over the past 12 months the stock has soared 169%.
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