Earnings season is well underway, and these stocks reporting next week are known to beat analysts’ expectations. Nearly 80 companies in the S & P 500 are scheduled to report earnings next week, with Alphabet , Tesla , and Intel as some of the big headliners. So far, the season is off to a strong start. Of the roughly 40 S & P 500 names that have reported, 87% have exceeded analyst expectations, FactSet data shows. CNBC Pro screened data from Bespoke Investment Group for companies with a track record of beating analysts’ earnings estimates at least 75% of the time — and saw their shares rise at least 1% after reporting results. Deckers Outdoors sits near the top of the table, beating analysts’ earnings consensus at least 94% of the time. The stock also averages a 1.54% gain on days the company reports quarterly results.. Jefferies on Monday upgraded the footwear company to buy from hold and raised its price target to $130 from $110 — implying 22% upside from Wednesday’s close. Analyst Blake Anderson pointed to Hoka’s potential for product innovation and increased product segmentation, while Ugg remains strong. “We especially like HOKA’s segmentation across more performance and into lifestyle, where it can leverage learnings from UGG. While HOKA is a key debate, UGG should also be more durable than the market expects.” Anderson wrote. Analysts are split on the Ugg and Hoka manufacturer, with 14 out of 27 analysts giving the stock a buy or strong-buy rating, according to LSEG. The rest rate it a hold or underperform. Cloud-based enterprise platform ServiceNow also made the list. It reports earnings Wednesday and averages a 2.7% jump following its earnings releases. Goldman Sachs reiterated its buy rating in a note to clients last week. “We continue to believe the single biggest driver of a stock rerating will be whether ServiceNow can prove its relevance in the enterprise AI stack, and we believe a stabilization in organic revenue and upward revisions to WholeCo revenue will help demonstrate this relevance,” analyst Gabriela Borges wrote. Goldman’s rating aligns with Wall Street consensus; according to LSEG, 46 out of 50 analysts rated the stock a buy or strong buy. T-Mobile reports earnings Thursday and has beaten analysts’ earnings estimates 82% of the time. Bank of America upgraded the mobile service provider to buy from neutral while keeping its $220 price target, implying a 17% upside from Wednesday’s close. “Our upgrade is based on our view that the market is overreacting to peak concern, T-Mobile having the most strategic partnership value, lowest exposure to low Earth orbit (LEO) broadband and wireless, and the most wireless pricing flexibility.” Analyst Michael Funk wrote in the note to clients at the start of the month. Other banks, such as Barclays and Morgan Stanley, have also praised the mobile service company, highlighting the wireless carrier as a top pick. Most analysts agree that T-Mobile is a strong company, with 26 out of 31 analysts giving the stock a buy or strong buy rating, according to LSEG.
Nearly 80 S&P 500 companies report earnings next week. These names tend to beat expectations
