Stocks from Palantir to Snap could see big swings on earnings this week
Several companies scheduled to report earnings this week could see their stocks soar or in price, or slump, based on current options trading on their shares. This earnings season has seen strong momentum, with more than 80% of companies reporting their financial results posting better-than-expected revenue or earnings per share for the third quarter, FactSet data shows. But dozens of Big Tech, retail and pharmaceutical companies report their earnings this week, and their results could make their stocks volatile. To anticipate some of those moves, CNBC Pro screened for stocks that are expected to see the largest options-implied move in the week ahead. The moves were determined by taking 85% of the total premium of an at-the-money straddle and calculating the resulting price movement. Here are two of the stocks that could make outsized moves. Palantir The software stock is expected to gain or lose as much as 8.9% after it posts its earnings results Monday after the market close. Analysts estimate Palantir will clock $1.09 billion in revenue and earnings of 17 cents per share in the third quarter, FactSet data shows. Shares of the company have surged over the past year as President Trump’s administration has ramped up its surveillance of Americans , using Palantir’s technology. In August, the firm signed a $10 billion, 10-year contract with the U.S. Army. Palantir stock has soared nearly 400% in the past 12 months. Snap The social media company could move as much as 13.8% in either direction after Snap posts its earnings results on Wednesday. Wall Street estimates Palantir will book earnings of 12 cents per share on revenue of $1.49 billion in the third quarter, according to FactSet data. The stock has fallen 28% this year, largely due to declining user numbers amid mounting competition from rivals such as Meta Platforms , which owns Instagram. Snap shares have plunged an even steeper 38% over the past 12 months, and is down 9% in the past month alone.
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