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The Earnings360 Team
Today's Bonus Story Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% DropsWritten by Leo Miller. Published 11/10/2025. 
Key Points - After reporting earnings, three stocks saw their shares move down steeply.
- But, counterintuitively, Wall Street analysts raised their price targets on these names.
- This indicates that a window of opportunity may now exist for investors.
While the market and Wall Street analysts often agree on the implications of earnings reports, that is not always the case. A stock's price action and changes in Wall Street price targets can diverge after these events. Such a disconnect can signal the market is reacting too harshly to a firm's results, creating a potential opportunity for investors. Below, we detail three stocks that fell materially after their latest earnings but saw significant increases in price targets. Analysts Eye 50% Upside in EV Chip Stock Allegro Microsystems An unstoppable force is reshaping America — one so powerful it's already disrupting how we work, invest, and live. Porter Stansberry calls it The Final Displacement — a rare turning point that's only happened four times in human history, each one redefining entire eras. His new documentary reveals why this shift could trigger both immense loss and unprecedented opportunity, and what you can do to prepare before it accelerates. Click here to stream The Final Displacement free today First up is mid-cap chip stock Allegro Microsystems (NASDAQ: ALGM). Allegro designs magnetic sensing and power chips for electric vehicle and industrial markets. Because of the company's technology, ON Semiconductor (NASDAQ: ON), one of the industry's leaders, proposed acquiring Allegro for $35.10 per share — a substantial premium to the stock's Nov. 7 close near $27. Despite beating estimates on both revenue and EPS when it reported on Oct. 30, Allegro's shares fell 1.5% that day and are down more than 12% since the report. Still, analysts raised their price targets. The MarketBeat consensus price target for Allegro is roughly $38, implying about 41% upside. Among analysts who issued updates on Oct. 31, the average target climbed 16% to just under $40, implying roughly 47% upside. That suggests analysts incorporating the latest data are growing more bullish. eBay Posts Fastest Growth Since 2021, Price Action and Targets Diverge eBay (NASDAQ: EBAY) also reported beats on Oct. 29, with revenues rising more than 9% on a non-currency-adjusted basis in Q3 — its fastest quarterly growth since Q3 2021. Given the outsized comparisons after the COVID-19 period, this recent growth is notable. Nevertheless, shares plunged on Oct. 30, closing down nearly 16%, and remain close to that level. The MarketBeat consensus price target is about $94.50, implying roughly 13% upside. Analysts who updated targets between Oct. 30 and Nov. 3 lifted their average target by more than 7%; the average among all updates in that window is just over $96, implying about 15% upside. Analysts Upgrade Walmart-Linked Chip Stock Impinj Despite 15% Earnings Drop Lastly, mid-cap chip maker Impinj (NASDAQ: PI) designs radio frequency identification (RFID) chips and sensors that help companies track inventory more efficiently than barcodes. Investors expect Impinj to benefit from an RFID collaboration between Avery Dennison (NYSE: AVY) and Walmart (NYSE: WMT). Avery Dennison uses Impinj's chips in many packaged RFID solutions, and Impinj shares jumped more than 19% on Oct. 23 after that news. Impinj then beat expectations on sales and EPS when it reported on Oct. 29, yet shares fell sharply the next day, closing down nearly 15%. Since the earnings report, Impinj shares are down about 32% from their pre-report levels. The MarketBeat consensus price target for Impinj is around $226, implying about 38% upside. Among analysts who set or updated targets after the earnings announcement, the average target is just over $239, implying roughly 46% upside. Notably, the three analysts who changed their targets immediately after the report raised them by an average of 19%. Allegro and Impinj: Mid-Cap Chip Stocks With Potential Overall, Wall Street analysts appear to disagree with the market's negative reaction to the results from Allegro, eBay, and Impinj. Updated targets showing nearly 50% upside for Allegro and Impinj are especially noteworthy. Investors interested in these names should conduct additional research to determine whether the analyst optimism aligns with their own investment theses.
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