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The Earnings360 Team
Thursday's Featured 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.
Markets and Wall Street analysts often reach similar conclusions after earnings reports, but not always. A stock's price action can diverge from changes in analysts' price targets after these events. That divergence can signal the market may be overreacting to a company's results, creating a potential opportunity for investors. Below, we detail three stocks that fell sharply after their latest earnings yet saw significant price-target increases. Analysts Eye 50% Upside in EV Chip Stock Allegro Microsystems While headlines focus on the shutdown endgame and tariff talk, the real story is what's happening underneath the surface.
Certain small-cap names are quietly seeing renewed attention as capital begins to rotate back into AI, energy infrastructure, and defense systems heading into 2026.
Our team has pinpointed three under-the-radar companies showing early accumulation and momentum before the crowd catches on. [Get Trade Alerts + Free Report Now — Limited Access] First up is mid-cap chip stock Allegro Microsystems (NASDAQ: ALGM). Allegro has strong capabilities in magnetic sensing and power chips, serving the electric-vehicle and industrial markets. Because of the company's technical strengths, ON Semiconductor (NASDAQ: ON), one of the industry's leaders, proposed to acquire the firm at $35.10 per share. That offer represented a sizable premium to the stock's Nov. 7 closing price of about $27. Allegro reported earnings on Oct. 30, beating estimates on both revenue and earnings per share. Despite the beat, shares fell 1.5% that day and are down more than 12% since the report. Yet analysts continued to raise their price targets. The MarketBeat consensus price target for Allegro is about $38, implying roughly 41% upside. Among analysts who updated on Oct. 31, the average target rose about 16% to just under $40, implying roughly 47% upside. That suggests analysts incorporating the latest results are growing more bullish on the stock. eBay Posts Fastest Growth Since 2021, Price Action and Targets Diverge eBay (NASDAQ: EBAY) also posted beats when it reported earnings on Oct. 29. Revenue rose more than 9% year over year in Q3 on a reported (non-currency-adjusted) basis — eBay's fastest quarterly growth since Q3 2021. That earlier period reflected outsized comparisons after the COVID-19 disruptions of 2020, so the recent acceleration is notable. Despite the strong report, shares plunged on Oct. 30, closing down nearly 16%, and remain near those levels. The MarketBeat consensus price target of about $94.50 implies roughly 13% upside. Analysts who updated their targets between Oct. 30 and Nov. 3 lifted the average target by over 7%; across all analysts setting or changing targets in that period, the average target is just above $96, implying roughly 15% upside. Analysts Upgrade Walmart-Linked Chip Stock Impinj Despite 15% Earnings Drop Lastly, consider another mid-cap chip name, Impinj (NASDAQ: PI). Impinj makes radio-frequency identification (RFID) chips and sensors that allow companies to track inventory more quickly than barcode scanning. Many expect Impinj 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 solutions, and Impinj shares jumped more than 19% on Oct. 23 after the news. On Oct. 29, Impinj reported earnings that also exceeded expectations for sales and EPS. Still, shares sold off the next day, closing down nearly 15%, and are about 32% lower since the report. The MarketBeat consensus price target for Impinj is approximately $226, implying roughly 38% upside. Among analysts who issued or set targets after the earnings announcement, the average target is just over $239, implying about 46% upside. Moreover, the three analysts who changed their targets immediately after the results on Oct. 30 increased their averages by about 19%. Allegro and Impinj: Mid-Cap Chip Stocks With Potential Overall, analysts appear to disagree with the market's reaction to the results from Allegro, eBay and Impinj. Updated price targets imply nearly 50% upside in Allegro and Impinj, which is notable. Investors may want to conduct further research on these stocks before making decisions, as the potential gains suggested by analysts carry risks as well.
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