Advanced Micro Devices (AMD) shares have fallen nearly 20% since late October due to sentiment rather than fundamentals, despite strong Q3 results and positive revenue growth revisions. With a forward P/E below 15 for FY2028 and accelerating AI industry tailwinds, AMD stock is viewed as a highly attractive buying opportunity.
Rivian's Q3 results exceeded expectations with increased revenue and a gross profit rebound, driven by strong vehicle deliveries. The upcoming launch of the R2 crossover in 2026 is seen as a potential game-changer, with some analysts optimistic about its impact on the stock, which is currently rated as a hold by most analysts.
Rivian and Lucid, two pure EV automakers, face increasing challenges amid their upcoming Q3 reports, including market headwinds, regulatory changes, and production issues, despite showing some growth in sales and revenue. Both companies are focusing on future vehicle launches and technological advancements to attract investors, but profitability remains a concern as industry-wide issues impact their financial outlook.
Boeing's Q3 2025 financial results show increased revenue driven by higher aircraft deliveries, a significant charge related to the 777X program, and a backlog of $636 billion, despite delays in the 777X certification and ongoing operational challenges.
Tesla is expected to beat Q3 earnings and revenue estimates, with some analysts optimistic about its growth, including a prediction that the stock could reach $900 within a year, while others remain cautious about overhyped autonomous vehicle developments.
Applied Materials' stock dropped over 10% after reporting strong Q3 results but lowering its Q4 revenue forecast due to macroeconomic challenges, leading to investor concern about future performance.
Kohl's shares dropped nearly 20% after the company reported disappointing Q3 results, with earnings per share of $0.20 missing expectations of $0.31. Revenue fell 8.8% year-over-year to $3.51 billion, and comparable sales decreased 9.3%. The company lowered its fiscal year 2024 earnings guidance to $1.20-$1.50 per share, below the previous forecast and Wall Street consensus of $1.86. CEO Tom Kingsbury will step down in January 2025, to be succeeded by Ashley Buchanan.
Palantir Technologies reported impressive Q3 results, with significant growth in both government and commercial segments, driven by its AI capabilities. Government revenues increased by 33% year-over-year, bolstered by a major contract with the Department of Defense, while commercial revenues rose by 54%. Despite these gains, the stock's valuation appears to have already factored in several years of growth, leading to a neutral stance on its current price.
Despite posting better-than-expected Q3 results and providing upbeat guidance, shares of data storage company MongoDB dropped in premarket trading. MongoDB reported adjusted EPS of $0.96 on revenue of $432.9 million, surpassing estimates. The company attributed its strong performance to winning new workloads from both new and existing customers. However, analysts noted that the macroeconomic environment remains tough, and growth at MongoDB's key data services unit may be impacted by a holiday season slowdown. Despite positive growth drivers, analysts cautioned that MongoDB shares, which have risen over 120% this year, are not cheap.
Salesforce's stock surged by 10% to a nearly two-year high after the company reported strong third-quarter results, with revenue of $8.72 billion and adjusted profit of $2.11 per share, beating Wall Street expectations. The company also provided a positive forecast for the fourth quarter, leading to a rise in price targets from several analysts. Salesforce's shares have gained about 87% year-to-date, making it their best yearly performance since 2009. Analysts see Salesforce as a top artificial intelligence opportunity and expect sustained mid-teens subscription growth.
Nvidia is expected to be the biggest contributor to Q3 corporate profits for the S&P 500 index, thanks to its impressive performance and the AI boom. However, the company will need to meet high expectations to sustain its rally and continue its upward trajectory.
Cloudflare reported better-than-expected earnings and revenue for Q3, with earnings per share of 16 cents and revenue of $335.6 million. However, the company's revenue outlook for the next quarter fell short of expectations, causing Cloudflare stock to dip by 0.8%. Despite adding 206 new large customers and maintaining a conservative view due to geopolitical uncertainty, the company's revenue projection of $352.5 million for the next quarter was below estimates of $356.3 million.
Palantir's shares surged 14% in premarket trading after the company reported third-quarter earnings that exceeded analysts' expectations and raised its full-year revenue guidance. The data analytics firm's revenue for Q3 increased by 17% to $558 million, with a net income of $72 million. Palantir's U.S. commercial revenue grew by 33% YoY, and its customer count increased by 37%. The company expects to report revenue between $599 million and $603 million for Q4 and raised its full-year revenue guidance to $2.216 billion to $2.22 billion.