Earnings Season Highlights

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A collection of noteworthy post-earnings reactions
Published on Mar 18, 2025 at 10:38 AM
  • Analyst Update

Retail stock Ralph Lauren Corp (NYSE:RL) received an upgrade from Goldman Sachs to "buy" from "neutral" this morning, with a price-target hike to $286 from $280. The firm cited the New York-based company's limited exposure to tariffs in comparison to its peers in the fashion industry. Meanwhile, reports show Raymond James bought up 72,942 shares of RL in the fourth quarter, which amounts to over $16 million. Despite the lofty upgrade, RL was last seen only 0.5% higher to trade at $220.96, paring larger premarket gains. 

On the charts, the stock has yet to recover from an extended slide in early March, though the 160-day moving average has provided a floor for the past week. Now much further removed from their Feb. 6 record high of $289.33, the shares are down 4.4% year-to-date. 

After RL's most recent pullback, its 14-day relative strength index (RSI) checked in at 21.7 last night, firmly in "oversold" territory, which typically precedes a short-term bounce. Plus, short interest now represents 4.9% of the stock's available float, so keep an eye out for a short squeeze going forward.

Options bulls appear to be targeting RL straight out of the gate this morning. The stock has seen eight times the call volume typically seen at this point, with the most activity at the March 230 call. 

Published on Mar 18, 2025 at 10:23 AM
  • Technical Analysis
  • Unusual Trading Activity
  • Editor's Pick
 
Published on Mar 18, 2025 at 10:08 AM
  • Analyst Update

Duolingo Inc (NASDAQ:DUOL) stock is up 0.8% at $296.39 at last check, after JMP Securities upgraded the language-learning platform to "outperform" from "market perform." The firm pointed to the potential growth of Duolingo Max subscriptions as a key driver for future gains, while also highlighting the stock’s attractive valuation as a bullish catalyst.

On the charts, DUOL is still struggling with the $300 level, which moved in as resistance following a steep 17% post-earnings pullback in late-February. The security has also been struggling with pressure from its 100-day moving average, and is down 9.3% since the start of 2025.

Coming into the session, nine of 17 covering brokerages rated the security a "hold," which leaves room for even more upgrades to roll in. Meanwhile, options traders are more bullish, per DUOL's Schaeffer's put/call open interest ratio (SOIR) of 0.58, which sits in the lowest possible percentile of reading from the past 12 months. 

Options are an intriguing way to bet on the stock right now, as it tends to outperform volatility expectations. This is per Duolingo stock's Schaeffer's Volatility Scorecard (SVS), which sits at an elevated 83 out of 100.  

 

Published on Mar 18, 2025 at 9:01 AM
  • Opening View
 
Published on Mar 17, 2025 at 4:27 PM
  • Market Recap
 
Published on Mar 17, 2025 at 3:54 PM
  • Quantitative Analysis

Darden Restaurants Inc (NYSE:DRI) stock was last seen up 0.9% to trade at $187.70, bouncing off a pullback to its lowest level since January after it hit a March 3, record high of $203.12. In addition to sporting a nine-month lead of 22.2%, the shares are now within striking distance of a trendline that has historically produced bullish returns.

According to Schaeffer's Senior Quantitative Analyst Rocky White, DRI is trading within one standard deviation of its 80-day moving average, a move that has produced gains in the past. This comes after a prolonged period above this trendline (defined by White as 80% of the time in the past two months and eight of the last 10 trading days).
 
A similar move occurred six times in the past three years, after which DRI was higher a month later 67% of the time, averaging a 4.1% gain. From its current perch, this would place the stock above $195, closer to its all-time peak. 

 

DRI 80 Day

An unwinding of pessimism in the options pits could fuel additional gains. Over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the equity's 10-day call/put volume ratio of 16.87 sits higher than all annuals readings.
Published on Mar 17, 2025 at 1:11 PM
  • Most Active Options Update

All eyes are on Nvidia Corp (NASDAQ:NVDA) stock this week, as the annual GTC conference -- the company's biggest artificial intelligence (AI) and tech summit-- kicks off tomorrow. Ahead of the event, NVDA is 2.6% lower to trade at $118.47, succumbing to broader-market pressure as the Nasdaq remains entrenched in correction territory. Last year during GTC week though, the shares gained 7.4%, and that may be all call traders needed to hear.

Despite a 11% deficit year-to-date, Nvidia stock has remained popular among options traders, landing the top spot on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks with the highest options volume in the past 10 days. In this period, over 36.3 million calls and 21.9 million puts were exchanged, numbers that almost double the number of Tesla (TSLA) options traded.

MAO NVDA

The weekly 3/14 120-strike call was the most popular in the last two weeks, while April and June 120-strike calls saw 100,000 contracts fly off the shelves on March 5, a sign of possible spread activity. On the charts, keep an eye on the stock's 320-day moving average, a trendline that tested and caught last week's pullback.

MAO March 17

Now looks like an great time to weigh in with options. NVDA's Schaeffer's Volatility Index (SVI) of 66% sits in the 17th percentile of its annual range, indicating implied volatilities are favorable for premium traders at the moment. 

Published on Mar 17, 2025 at 12:54 PM
  • Buzz Stocks

Quantum computing stocks soared on Friday as traders targeted tech stocks amid the broader market rebound. Nvidia's (NVDA) semi-annual GTC conference -- hailed as a top artificial intelligence (AI) event -- is putting the sector back in the spotlight as well. Per the company, CEO Jensen Huang plans to discuss what's next in agentic AI, robotics, accelerated computing, and more during his keynote speech tomorrow. 

D-Wave Quantum Inc (NYSE:QBTS) stock is extending last session's 46.9% bounce, up 8.4% at $11.01 at last glance. Earlier today, QBTS came one cent shy of its Dec. 27, two-year high of $11.40. On track for its fifth-straight daily gain, the equity is up 425.5% year over year and 30.1% year to date. 

IonQ (NYSE:IONQ) was last seen down 2.4% at $24.39, pulling back after Friday's 17% pop. The 20-day moving average, which resides at $25, appears to have capped recent gains. Since the start of 2025, the equity is underperforming with a 41.4% deficit. 

The shares of Rigetti Computing Inc (NASDAQ:RGTI) are down 2.5% at $10.94 at last glance, following last session's 28.2% surge. The 60-day moving average -- a trendline that caught RGTI's January pullback but was breached in late February -- is providing overhead pressure. Year to date, the equity is down 27.7%. 

Published on Mar 17, 2025 at 12:10 PM
Updated on Mar 17, 2025 at 12:12 PM
  • Midday Market Check

The Dow Jones Industrial Average (DJI) is boasting a 247-point midday lead while the S&P 500 Index (SPX) is trading near breakeven, as Wall Street attempts to bounce back from its worst week in two years. Retail sales data is boosting sentiment despite missing estimates, not quite touching the worst-case scenario. President Donald Trump's tariffs are still top of mind, though, with the Nasdaq Composite (IXIC) struggling amid economic uncertainty.

Continue reading for more on today's market, including: 

  • Analyst: Netflix stock is a "buy."
  • Pharma stock eyes worst day since 2018.
  • Plus, HUN puts pop; Intel stock rises on overhaul plans; and TSLA draws bear note.

MMC Stats 0317

Huntsman Corporation (NYSE:HUN) is seeing unusual options activity, with 27,000 puts traded so far today, which is a whopping 262 times the volume typically seen at this point. The most active contract is the April 15 put, where positions are being sold to open. HUN is up 3.4% to trade at $17.86 at last check, pacing for a third consecutive win, but still carries a 29.4% year-over-year deficit. Shares are attempting to bounce off a March 4, four-year low of $15.46, but have not yet conquered the $19 level, a ceiling that has been in place since mid-December.

HUN Intraday

Intel Corp (NASDAQ:INTC) stock is leading the SPX today, lastseen up 6.7% to trade at $25.64. Today's surge follows news that CEO Lip-Bu Tan, who will earn a lower base salary than predecessor Pat Gelsinger, will overhaul the tech company's manufacturing and artificial intelligence (AI) operations. The chip stock is now on track for its fourth straight gain, and has surged 28.1% so far in 2025 despite also carrying a 39.9% year-to-date deficit.

Tesla Inc (NASDAQ:TSLA) stock is near the bottom of the SPX, last seen down 5.5% at $236.31, set to extend its 41.4% year-to-date deficit after Mizuho lowered its price target  to $430 from $515, with the analyst noting tariff uncertainty and weaker electric vehicle (EV) demand. TSLA has only scored one weekly gain so far in 2025, with a new ceiling seemingly emerging at $250.

Published on Mar 17, 2025 at 10:59 AM
  • Analyst Update

Shares of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) were last seen up 2.3% at $19.62 today, after an upgrade from J.P. Morgan Securities to "overweight" from "neutral." The firm cited a favorable risk-reward setup, leaving its price target at $30. 

Today's bull note comes after Zacks Research last week raised its second-quarter earnings estimates to 60 cents per share. Of the 23 analysts in coverage, 15 now carry a "buy" or better rating. The 12-month consensus price target of $30 sits at a 54% premium to current levels. 

On the charts, NCLH suffered a massive pullback after its Jan. 31, three-year high of $29.29. Now the shares sport a 23.5% year-to-date deficit and are below all simple daily moving averages between the 20- and 320-day. Per its 14-day Relative Strength Index (RSI) of 24.3, which sits in "oversold" territory, the stock is overdue for a short-term bounce. 

When weighing in on NCLH, options look like a good way to go. The stock's Schaeffer's Volatility Scorecard (SVS) of 89 out of 100 means it has surpassed volatility expectations over the past year. 

 

Published on Mar 17, 2025 at 10:44 AM
  • Buzz Stocks
 
Published on Mar 17, 2025 at 10:11 AM
Updated on Mar 17, 2025 at 10:11 AM
  • Analyst Update

Streaming giant Netflix Inc (NASDAQ:NFLX) is climbing out of the gate this morning, up 4.3% at $957.12, after landing an upgrade to "buy" from "neutral" at MoffettNathanson. The brokerage also hiked its price target by $250 to $1,000, an 8.9% upside to Friday's close of $918, citing the company's ability to enhance engagement monetization.

Over the past 12 months Netflix stock has climbed 55%, though its shorter-term performance has struggled. Since the start of 2025 the equity has inched 5% higher, with its most recent pullback captured by the ascending 120-day moving average. Today's pop puts the shares even closer to their Feb. 14 record high of $1,064.50, and on pace for their best day since Jan. 22.

Heading into today analyst sentiment was split. Despite a prolific market cap, there is still ample room for further upgrades, with 13 of the following analyst sporting a tepid "hold" or "sell" recommendation. Bull notes from a renewed bounce off the aforementioned trendline could keep the wind at the equity's back. 

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