Analysts warned of sharp moves in Netflix and Tesla shares after the reports

Quotes of several major U.S. companies may change in price after the publication of quarterly reports this week, reports CNBC. Focusing on the expected ranges of movement embedded in the prices of options, the channel selected the shares, the price of which after the release of reports can significantly increase or decrease.

The streaming giant will report on Tuesday, October 21, after the market close, and quotes could change 6.9% up or down, the channel writes. Bernstein Research analyst Laurent Yun said Netflix 's mixed second-quarter results led to "subdued investor sentiment" during the third quarter and kept the stock in the $1150-1250 range.

"We are generally positive on the upcoming report and full-year outlook, although Netflix remains challenged by the need to further diversify its content portfolio," Yun wrote to clients. His $1390 target price implies a potential upside of 12% for Netflix stock.

Netflix should be expected to report its fastest revenue growth in more than four years, according to Reuters. However, some investors and analysts fear that the period of years of rapid growth may be winding down, the agency warned.

Wall Street's average target on Netflix shares is slightly below Bernstein's target price of $1376 per share. The consensus rating is "above market" (Overweight, consistent with a "buy" recommendation).

The world's most expensive automaker will disclose its financial results on October 22, after which quotes may fluctuate by 7.1% in either direction, CNBC calculated. Ahead of the report, Wedbush suggested that the flagship company of Elon Musk's business empire will report earnings for the past quarter "moderately positive" amid outpacing demand for electric vehicles due to the end of tax credits in the U.S. and a recovery in sales in China.

Wedbush reiterated an Outperform rating with a $600 target price for Tesla shares. "The company's financial results and outlook are certainly important, but take a back seat to Tesla's larger and more significant artificial intelligence initiatives," the investment firm said.

According to FactSet, Wedbush's target price for Tesla is the highest in the market. Wall Street's average target is $369.7 per paper - 17% below the level at the close of trading on October 20. The consensus rating on Tesla stock is Neutral (Hold).

Based on options market data, strong swings in shares of General Motors, Intel, semiconductor equipment maker Lam Research and American Airlines and Southwest Airlines are also likely, CNBC reported.

For Intel, the expected movement in either direction after the report, which will be released on October 23, is 10.1%. This is one of the largest ranges in the sample.

This article was AI-translated and verified by a human editor