Intel Corp (NASDAQ:INTC, XETRA:INL) shares reversed sharply on Friday, falling more than 4% after an initial surge after Thursday’s bell as investors weighed a mixed picture from Wall Street analysts following the chipmaker's second-quarter results.
Intel beat expectations with $0.42 in pro-forma earnings per share, nearly double consensus estimates, on revenue that topped forecasts by 12%. Data center sales jumped 59% year-over-year, marking the company's best growth rate in 15 years, according to Bank of America. Third-quarter guidance of $16.3 billion also came in well above Street estimates.
Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) saw its price target raised to $600 from $450 by Wedbush following the chipmaker’s Advancing AI 2026 event, with the analysts writing that new partnerships and improving supply chain conditions increased confidence in the company’s data center AI growth trajectory.
AMD hosted its Advancing AI 2026 event on Wednesday and Thursday, featuring a keynote presentation from CEO Lisa Su and management followed by an investor roundtable. Wedbush noted that management avoided discussing near-term financial performance ahead of AMD’s second-quarter 2026 earnings report, leaving the event focused primarily on the company’s broader AI strategy.
Roblox Corp (NYSE:RBLX) is facing near-term pressure on user growth expectations as Wedbush lowered its fiscal 2026 estimates ahead of the company’s second quarter results, citing ongoing friction from age-verification measures that the firm believes are weighing on access to the platform.
The analysts maintained an ‘Outperform’ rating and a $65 price target, above current levels of $48.
IMAX Corp (NYSE:IMAX) received a price target increase from Wedbush to $54 from $46, with the firm reiterating its Outperform rating as it expects continued growth from a stronger film pipeline, market share gains and global expansion.
The analysts wrote that IMAX remains on Wedbush’s Best Ideas List as the company benefits from an increase in the volume and quality of films produced for IMAX, a broader mix of local-language and global releases, expanded alternative content offerings and further international footprint growth.
Ubisoft Entertainment (OTC:UBSFF, EPA:UBI) has been downgraded to ‘Neutral’ from ‘Outperform’ by Wedbush analysts, who also lowered its price target to €5 from €12, citing reduced confidence in the company’s financing strategy and future content pipeline visibility.
Shares of Ubisoft are down about 24% so far in the year to date, trading at about €5 on Friday.
Crocs, Inc. (NASDAQ:CROX) has received a higher price target from Bank of America ahead of its second-quarter earnings report, with the firm reiterating its ‘Buy’ rating and raising its target to $160 from $145 on expectations that sustained direct-to-consumer (DTC) growth in North America could support further valuation expansion.
The firm increased its valuation multiple to 11 times its 2027 earnings estimate from 10 times previously, writing that additional evidence of durable North American DTC growth could drive further multiple expansion.
Snap Inc (NYSE:SNAP) is expected to remain under pressure to demonstrate stronger advertising revenue growth when it reports second-quarter earnings, with Jefferies saying the company's ads business continues to be the key issue despite expectations for improving overall revenue growth.
The brokerage reiterated its ‘Buy’ rating on Snap while lowering its price target to $5.50 from $8, writing that although it remains positive on the company's engagement scale and long-term monetization opportunity, "the core issue remains ad rev growth, which has yet to show meaningful improvement."
Pinterest Inc (NYSE:PINS) heads into its second-quarter earnings report with a setup that looks a bit more favorable than it has in recent quarters, even as the fundamental debate about the stock remains unresolved, according to a new note from Jefferies.
The firm, which reiterated a Hold rating and $21 price target on Pinterest, modeled Q2 revenue in line with Street estimates of 15% year-over-year growth, though it sees room for upside toward the high end of the company's guidance range.
Fortinet Inc (NASDAQ:FTNT) is set to report its second quarter results on July 29, with Jefferies analysts highlighting that the company needs to show an acceleration in product revenue growth to support investor confidence in the durability of its recent performance.
The firm expects solid product trends in the quarter, driven by price increases and improving channel checks, but wrote that investors will be looking for evidence the momentum can extend beyond the near term.
Match Group Inc (NASDAQ:MTCH)'s Tinder is showing tentative signs of improving user trends, but Jefferies said it remains too early to call a turnaround.
The brokerage said Match Group's most recent quarter showed early signs of improvement in new user registrations and monthly active user (MAU) declines, a trend that appears to have held up based on third-party MAU and download data.
Freeport-McMoRan Inc (NYSE:FCX, XETRA:FPMB) reported stronger-than-expected second quarter 2026 results on Thursday, with earnings and revenue topping Wall Street expectations, although shares edged about 2% lower as investors weighed a slightly reduced near-term copper sales outlook.
The company reported adjusted earnings per share of $0.74, ahead of analyst estimates of $0.62, while revenue came in at $7.03 billion, exceeding consensus expectations of $6.71 billion.
Custom Health Holdings Inc (TSX:CHLT) just landed Buy-rated coverage from Stifel, with analysts setting a C$12 price target and pointing to upside as high as C$18 a share.
The pitch: a pill-dispensing platform that's quietly solving one of healthcare's most expensive headaches.
Teck Resources Ltd (TSX:TECK.B) shares added more than 3% after the company reported second quarter 2026 results that exceeded Wall Street expectations, supported by higher copper production, stronger commodity prices and improved operational performance.
The mining company reported adjusted earnings per share of C$1.93 for the quarter, above analyst expectations of C$1.15. Revenue came in at C$3.61 billion, ahead of the consensus estimate of C$3.3 billion.
Hikma Pharmaceuticals PLC (LSE:HIK, OTC:HKMPF) and Fresenius Medical Care (NYSE:FMS) could emerge as relative winners from Donald Trump's proposed tariffs on generic drugs because of their extensive US manufacturing operations, according to Citi.
The US president this week announced plans to impose a 100% tariff on imported generic medicines from August 2028, rising to 200% a year later.
Unity Software Inc (NYSE:U) is drawing renewed optimism from Wall Street ahead of its second-quarter earnings.
Wedbush is raising its price target on the stock to $36 as Unity works through a significant business transition. The company's ironSource Ad Network is being sunset effective April 30, and its Supersonic unit is slated for divestiture, leaving Unity's business increasingly concentrated on its Vector advertising platform and core game engine.
Logitech International SA (USA) (NASDAQ:LOGI) is expected to deliver fiscal first-quarter results near the upper end of its guidance range when it reports on July 28, according to Wedbush analysts.
The analysts maintained their ‘Outperform’ rating and $135 price target ahead of the release, implying upside from current levels of about $104.
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) is drawing attention to the evolving competition in the AI server CPU market after providing its most detailed look yet at its Vera CPU architecture, with Bank of America highlighting a growing debate over how AI infrastructure performance should be measured.
In a note to clients, the bank wrote that the emerging competition centers on two different approaches to agentic AI. Nvidia is focused on reducing the "time-to-complete-an-agent," while Advanced Micro Devices (NASDAQ: AMD) is emphasizing the "number-of-agents-per-rack." Bank of America estimates the server CPU total addressable market could expand to approximately $170 billion by 2030.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB)’s AI-enabled glasses could represent a new growth opportunity for the company as the wearables move toward broader consumer adoption, according to Jefferies analysts who tested multiple models and highlighted the product’s potential as a future computing interface.
The analysts wrote that Meta’s AI glasses impressed across areas including camera quality, setup experience and their traditional glasses design, noting that the company currently has a first-mover advantage as the only major player shipping AI glasses at scale. Jefferies estimated that the category could create a $14 billion to $18 billion hardware revenue opportunity over the next several years, assuming adoption levels similar to the Apple Watch and an average selling price of about $400.
Alphabet Inc (NASDAQ:GOOG) reports second-quarter results after Wednesday's close, with Wall Street bracing for a print that could either validate the company's AI spending spree or intensify investor unease about it.
Bank of America is firmly in the bullish camp, reiterating its Buy rating and raising earnings estimates ahead of the print. The bank projects revenue of $102.1 billion and EPS of $8.38, both well above Street consensus of $101 billion and $2.90.
Tesla Inc (NASDAQ:TSLA) reports second-quarter results after the bell Wednesday, and the numbers investors already have in hand tell a split story: a blowout on deliveries, a question mark on spending.
The electric vehicle maker posted 480,126 deliveries and 451,758 vehicles produced for the quarter, comfortably ahead of the roughly 406,600 Wall Street had penciled in, according to StreetAccount. That marks a 25% jump from a year ago, with Model 3 and Model Y accounting for 467,762 of the total.
Hikma Pharmaceuticals PLC (LSE:HIK, OTC:HKMPF) has already rebounded 30% from its lows but Panmure Liberum believes the generic drugmaker still offers upside if it can rebuild investor confidence following last year's profit warning.
The broker retained its 'buy' rating and 1,600p price target ahead of the FTSE 100 group's interim results on 6 August, arguing the shares are "no longer oversold but still a good recovery story".
Jefferies believes detailed data on AstraZeneca PLC's (LSE:AZN, NASDAQ:AZN) experimental lung drug tozorakimab could more than compensate investors for the recent failure of a separate heart trial.
The bank has reiterated its buy rating and 17,500p price target, implying 41% upside from the current 12,380p, and flagged the 8 September presentation at the European Respiratory Society congress as the key catalyst.
The commitment of Andy Burnham's government to existing fiscal rules will determine whether UK borrowing costs fall or rise further this year, according to UBS, which believes investors are waiting for clear signals ahead of the Autumn Budget.
The bank estimates that domestic political uncertainty has added around 20 basis points to 10-year gilt yields since February, but argues that this premium above other government bond yields could unwind if ministers maintain their existing fiscal framework.
The $5 million contract Seeing Machines Ltd (AIM:SEE, OTC:SEEMF, FRA:M2Z) announced on Wednesday looks small. What it signals is not.
Stifel and Shore Capital both reacted to the driver monitoring specialist's latest win by pointing past the headline figure to a change in the shape of the order book.
Cavendish has reiterated its buy rating and 19.8p target price on 88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ), implying significant untapped upside from the current 1.02p share price.
The AIM-listed oil and gas explorer's South Prudhoe acreage on Alaska's North Slope now holds 768.9 million barrels of gross prospective resources, of which 640.7 million barrels are net to the company.
Twilio Inc (NYSE:TWLO) is expected to deliver second quarter results that exceed expectations on revenue and operating income, with investors likely to focus on whether the communications software company's gross profit growth can remain in the mid-teens during the second half of the year, according to Jefferies analysts.
Ahead of Twilio's August 6 earnings release, Jefferies wrote that it expects the company to post revenue and operating income above expectations, although it does not anticipate the same degree of outperformance as in the first quarter.
ServiceNow Inc (NYSE:NOW, XETRA:4S0) is expected to report a solid second-quarter performance, with Jefferies analysts forecasting results above guidance for key subscription metrics and a potential increase to its full-year subscription revenue outlook, supported by strong execution, early customer renewals and AI-related demand.
Ahead of the company's earnings release, Jefferies expects ServiceNow to report second-quarter subscription revenue and constant currency current remaining performance obligations (cRPO) above its guidance, helped by strong execution and customers renewing contracts ahead of planned price increases.
The Trade Desk (Trade Desk Inc (NASDAQ:TTD))'s upcoming print does not look compelling in either direction, according to analysts at Jefferies, who warned that structural challenges are likely to persist regardless of the outcome of the company's dispute with Publicis.
The brokerage said it is modeling second-quarter revenue growth of 8% year-over-year, in line with Street estimates, though it would not rule out a typical beat of around 2%.
Gap Inc (NYSE:GPS)'s recent denim collaboration with Hailey Bieber reinforces the retailer's efforts to restore brand authority and cultural relevance, according to Jefferies analysts, who cited strong sell-through and social media engagement as encouraging signs ahead for the company's denim business and broader brand repositioning.
The firm said the limited-edition collection, launched on July 16, featured six washes across two relaxed-fit denim silhouettes inspired by vintage Gap styles and Bieber's personal aesthetic. The capsule was available online, in select North American stores, and in international markets including the UK, China, and Japan, before receiving a limited restock on July 18.
Live Nation Entertainment Inc (NYSE:LYV) is expected to report continued growth in its upcoming earnings, with UBS analysts forecasting double-digit revenue and adjusted operating income (AOI) growth for the full year as demand for live events remains resilient.
UBS expects Live Nation to benefit from strong global attendance trends, with fan growth across major venues supporting more than 12% growth in total revenue and AOI in 2026. The analysts expect Concerts and Sponsorship to remain the main growth drivers, while Ticketing AOI growth is expected to remain limited due to actions aimed at reducing secondary market activity, along with ongoing investments in artificial intelligence and legal costs.
Walt Disney Co (NYSE:DIS, XETRA:WDP) is scheduled to report fiscal third quarter results on August 5, with UBS analysts expecting accelerating earnings growth as first-half headwinds ease and forecasting the company will maintain its fiscal 2026 guidance.
UBS expects Disney to report fiscal third-quarter revenue of $25.4 billion and segment operating income of $5.16 billion, compared with Wall Street expectations of $5.24 billion and company guidance of about $5.3 billion.
CoreWeave (NASDAQ:CRWV) heads into its 2Q26 earnings report in early August with investors watching execution more than demand.
Demand for GPU capacity is still strong and customer commitments keep growing, but the real story now is whether the company can build out and activate power fast enough to keep up, according to analysts at Bank of America.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is expected to deliver second quarter results above Wall Street expectations when it reports earnings on July 29, according to Bank of America analysts, who believe that healthy advertising demand and AI-driven improvements should support revenue and earnings despite foreign exchange headwinds.
Bank of America revised its estimates and now expects Meta to report Q2 revenue of $60.6 billion and earnings per share of $7.50, above the consensus estimates of $60.2 billion and $7.18, respectively. The firm wrote that stronger advertising trends were partially offset by the recent depreciation of the US dollar.
Microsoft Corp (NASDAQ:MSFT)'s fiscal fourth quarter results will be a key test of the company's AI execution, with Azure growth, AI infrastructure spending and Microsoft 365 Copilot adoption expected to be the main focus when the software giant reports, according to Bank of America analysts.
The analysts wrote that "AI execution remains the central debate" heading into the results, adding that fiscal 2027 commentary on Azure growth, data center buildout and AI backlog conversion will also be closely watched.
Intel Corp (NASDAQ:INTC, XETRA:INL) is expected to report its latest quarterly results after the market close Thursday, with Wedbush forecasting that the chipmaker could exceed consensus expectations as improving server demand, higher pricing and better-than-anticipated margin trends support results.
Wedbush wrote that Intel’s guidance points to more than 5% quarter-over-quarter sales growth, in line with current analyst expectations for the third quarter. The firm expects data center revenue to be a key contributor, modeling approximately 10% sequential growth and 40% year-over-year growth, driven in part by stronger server demand.
Wedbush expects Intel Corp (NASDAQ:INTC, XETRA:INL) to comfortably beat second-quarter expectations when it reports on Thursday, but has kept a 'neutral' rating and $60 price target, warning that the shares are more vulnerable to a shift in market sentiment than to the numbers themselves.
The target sits 37% below the current $95 share price, and is based on around 40 times the broker's 2027 earnings estimate of $1.53, a multiple Wedbush acknowledges is well above Intel's historic norm and its peers.
RBC upgraded Atalaya Mining Copper (LSE:ATYM, TSX:AYM) to Outperform and lifted its price target to 1,100p, citing an improving political backdrop for the Touro copper project and a strong balance sheet.
The target, up from 1,000p, implies about 38% upside for the miner and operator of Proyecto Riotinto copper complex in south-west Spain and is developing Touro and Masa Valverde
Citi has raised its price target on Novo Nordisk (NYSE:NVO) to DKK330 ahead of second-quarter results on 5 August, citing the strength of the Danish drugmaker's Wegovy pill launch.
The broker lifted its 2026 sales and operating income estimates by 4% to 5%, and its earnings per share forecasts for 2027 to 2030 by around 7%, on currency movements and stronger second-quarter Wegovy trends.
The unwind in artificial intelligence and momentum stocks is entering its maturing stage and should not trigger prolonged market weakness, according to JP Morgan.
The bank's equity strategists, led by Mislav Matejka, noted a challenging few weeks for AI-linked groups, with Korea's market down 25% from last month's high and the SOX semiconductor index off 20%.
Jefferies has raised its price target on Arm Holdings PLC (NASDAQ:ARM) to $320 from $290, arguing that orders for the chip designer's AGI CPU have risen further since full-year results as agentic artificial intelligence fuels demand for processors.
The broker repeated its 'buy' rating on the Cambridge-based company, with the new target implying 20% upside from the current $267.19 share price.