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The Earnings360 Team
Today's Featured Article 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.
The market and Wall Street analysts often reach similar conclusions after earnings reports, but not always. A stock's price action and changes in Wall Street price targets can diverge after these events — a signal that the market may be reacting too harshly to a firm's results and that a buying opportunity could exist. Below, we detail three stocks that fell sharply after their latest earnings yet saw meaningful price target increases. Analysts Eye 50% Upside in EV Chip Stock Allegro Microsystems Wall Street Journal best-selling author James Altucher has uncovered a way to get a pre-IPO stake BEFORE Starlink goes public.
All it takes is just a few minutes of time and as little as $100 to get started. Plus, you can take action right inside your regular brokerage account. Click here now to see how to take action. First up is mid-cap chip stock Allegro Microsystems (NASDAQ: ALGM). Allegro has strong capabilities in magnetic sensing and power chips serving electric vehicle and industrial markets. Because of the company's technological strengths, ON Semiconductor (NASDAQ: ON), one of the industry's leaders, proposed to acquire the firm for $35.10 per share — a notable premium to the stock's Nov. 7 closing price of about $27. The company reported earnings on Oct. 30, beating estimates on both revenue and earnings per share (EPS). Still, shares slipped 1.5% that day and have declined by more than 12% since the report. That did not stop analysts from raising their price targets. The MarketBeat consensus price target for Allegro is about $38, implying roughly 41% upside. Among analysts who issued updates on Oct. 31, the average price target rose 16% — bringing the average of those updated forecasts to just under $40, or roughly 47% upside. Analysts who incorporated the latest data into their models are becoming more bullish on the stock. eBay Posts Fastest Growth Since 2021, Price Action and Targets Diverge eBay (NASDAQ: EBAY) also reported beats when it released third-quarter results on Oct. 29. Revenues rose more than 9% on a non-currency-adjusted basis — the company's fastest quarterly growth rate since Q3 2021. COVID-19 shutdowns in 2020 depressed sales and created easier year-over-year comparisons in 2021, which makes eBay's latest growth even more notable. Despite the strong print, shares plunged on Oct. 30, closing down nearly 16%, and they remain near that level. The MarketBeat consensus price target of about $94.50 implies roughly 13% upside. Still, analysts who updated forecasts after the results were more optimistic: among those who changed targets between Oct. 30 and Nov. 3, the average target rose by over 7%. Including all analysts who updated or set targets in that window, the average target comes in just above $96, implying about 15% upside for eBay shares. Analysts Upgrade Walmart-Linked Chip Stock Impinj Despite 15% Earnings Drop Finally, consider another mid-cap chip name, Impinj (NASDAQ: PI). Impinj makes radio frequency identification (RFID) chips and sensors that can be attached to items, enabling faster inventory tracking than barcode scanning. Impinj is expected to benefit from an RFID partnership between Avery Dennison (NYSE: AVY) and Walmart (NYSE: WMT). Avery Dennison uses Impinj's chips in many packaged RFID offerings, and shares jumped more than 19% on Oct. 23 on that news. On Oct. 29, Impinj reported earnings that exceeded expectations for both revenue and EPS. Still, shares sold off sharply the next day, closing down nearly 15%, and are now about 32% below the post-report peak. The MarketBeat consensus price target for Impinj is roughly $226, implying about 38% upside. However, among analysts who set or updated price targets after the earnings announcement, the average target is just above $239, implying roughly 46% upside. Among the three analysts who revised targets immediately after the Oct. 30 results, the average target increased by about 19%. Allegro and Impinj: Mid-Cap Chip Stocks With Potential Overall, Wall Street analysts appear to disagree with the market's initial reaction to the results from Allegro, eBay, and Impinj. The fact that updated targets imply nearly 50% upside in Allegro and Impinj is notable. Investors interested in these names should perform further due diligence, as the divergence between price action and analyst outlooks may warrant closer attention.
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