232 Companies Reporting Earnings This Week, Led by Energy Sector
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Earnings Focus: This week, 232 companies are set to report earnings, with investor attention on major players like Apple (AAPL) and Tesla (TSLA), which could significantly influence market sentiment and investment strategies.
- Top-Rated Stocks: Agnico Eagle Mines (AEM), Celestica (CLS), and Valero Energy (VLO) stand out with Quant Ratings of 4.86 to 4.87, indicating strong growth and profitability despite weaker valuation grades, attracting investor interest.
- Energy Sector Performance: The energy sector emerges as the highest-rated this week, with multiple stocks like Chevron (CVX) and Valero Energy (VLO) scoring above 4.5, reflecting robust growth potential within the industry.
- Quant Rating Impact: The upcoming earnings Quant Ratings incorporate valuation, growth prospects, and profitability, providing investors with a comprehensive performance potential assessment to make more informed investment decisions.
Analyst Views on EXTR
Wall Street analysts forecast EXTR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXTR is 24.75 USD with a low forecast of 24.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 15.190
Low
24.00
Averages
24.75
High
26.00
Current: 15.190
Low
24.00
Averages
24.75
High
26.00
About EXTR
Extreme Networks, Inc. is a provider of cloud networking solutions and industry services and support. The Company designs, develops, and manufactures wired, wireless, and software-defined wide area-network (SD- WAN) infrastructure equipment, software and cloud-based network management solutions. Its cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. Its products and services categories include Cloud Networking Platform, Automation, Analytics, and Security Applications, Wireless LAN AP, Wired for Edge, Campus, and Data Center, SD-WAN, Cloud Native Platforms and Applications for Service Providers and Customer Service and Support. It provides service to various industries, including business, hospitality, retail, transportation and logistics, education, government, healthcare, and service providers. Its cloud networking technologies provide flexibility in deployment, management, and licensing of networks globally.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
