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Sunday's Bonus Content Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% DropsWritten by Leo Miller. Published 11/7/2025. While the market and Wall Street analysts often agree on the implications of earnings reports, that's not always the case. A stock's price action and changes in Wall Street price targets can diverge after these events. That divergence can signal the market is overreacting to a firm's results, creating a potential opportunity for investors. Below, we detail three stocks that fell considerably after their latest earnings but saw meaningful price-target increases. All data are as of the Nov. 7 close unless otherwise indicated. Analysts Eye 50% Upside in EV Chip Stock Allegro Microsystems First up is mid-cap chip stock Allegro Microsystems (NASDAQ: ALGM). Allegro has strong capabilities in magnetic sensing and power chips that serve electric-vehicle and industrial markets. Because of the company's technological edge, industry leader ON Semiconductor (NASDAQ: ON) attempted to acquire the firm, offering $35.10 per share — a considerable premium to the stock's Nov. 7 closing price of about $27. Are you tired of watching everyone else profit during earnings season while you're left wondering what went wrong?
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- But, counterintuitively, Wall Street analysts raised their price targets on these names.
- This is a sign that a window of opportunity may now exist for investors.
The company reported earnings on Oct. 30, beating estimates on both sales and earnings per share (EPS). Shares sold off anyway, dropping 1.5% that day, and are down more than 12% since the report. Nevertheless, analysts raised their price targets. The MarketBeat consensus price target on Allegro is approximately $38, implying about 41% upside. Among analysts who issued updates on Oct. 31, the average price target increased by 16%. The average target among those updated forecasts is just under $40, implying roughly 47% upside — suggesting analysts incorporating the latest data are becoming more bullish on the stock. eBay Posts Fastest Growth Since 2021, Price Action and Targets Diverge eBay (NASDAQ: EBAY) also posted beats when reporting its earnings on Oct. 29. Revenues rose more than 9% on a non-currency-adjusted basis in Q3 — the company's fastest quarterly growth since Q3 2021. That period reflected unusually strong comparisons after COVID-19 disruptions in 2020, which makes eBay's recent growth more notable. However, shares plunged on Oct. 30, closing down nearly 16%, and remain near that level. The MarketBeat consensus price target of around $94.50 implies about 13% upside. Analysts who updated forecasts after the results are more optimistic: among those who changed price targets between Oct. 30 and Nov. 3, the average target rose by more than 7%. Across all analysts who updated or set targets during that period, the average target is just over $96, which suggests roughly 15% upside for eBay shares. Analysts Upgrade Walmart-Linked Chip Stock Impinj Despite 15% Earnings Drop Lastly, consider another mid-cap chip stock, Impinj (NASDAQ: PI). Impinj specializes in radio-frequency identification (RFID) chips and sensors that can be attached to items to speed inventory tracking compared with 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 offerings. Impinj shares spiked more than 19% on Oct. 23 on that news. On Oct. 29, Impinj posted earnings that also beat expectations on sales and EPS. Still, shares sold off sharply the next day, closing down nearly 15%. Impinj shares are now down roughly 32% since the report. The MarketBeat consensus price target on Impinj stands at about $226, implying roughly 38% upside. However, among analysts who issued or set price targets after earnings, the average target is just over $239, implying about 46% upside. Additionally, among three analysts who changed their price targets immediately after the results on Oct. 30, the average target rose by 19%. Allegro and Impinj: Mid-Cap Chip Stocks with Potential Overall, Wall Street analysts clearly disagreed with the market's reaction to the results from Allegro, eBay, and Impinj. The fact that updated targets now show nearly 50% upside potential in Allegro and Impinj is particularly noteworthy. Investors may want to consider researching these names further given their potential for considerable gains.
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