Analysts are Revising Prices Targets of These 10 Stocks After Earnings

Published on October 27, 2022 at 4:09 pm by Fahad Ali Khan in News

In this article, we will take a look at the 10 stocks that received updated price targets from analysts after their recent earnings. If you want to see some more companies on the list, go directly to Analysts are Revising Prices Targets of These 5 Stocks After Earnings.

The Dow Jones Industrial Average and S&P 500 gained 1.27 percent and 0.04 percent, respectively, as of 01:21 PM ET today. The surge was apparently driven by positive GDP data for the third quarter. The data showed that U.S. GDP improved 2.6 percent in the September quarter, above analysts’ average estimate calling for a gain of 2.4 percent. On the other hand, the 10-year Treasury yield dropped below 4 percent, adding to the gains of these indices.

However, the tech-dominated Nasdaq Composite once again fell on Thursday morning following disappointing financial results of Meta Platforms, Inc. (NASDAQ:META). The social network giant missed earnings expectations for Q3 and issued a weak sales outlook for the current quarter.

The latest earnings sent Meta Platforms, Inc. (NASDAQ:META) shares down to a nearly seven-year low. Meanwhile, several analysts trimmed their price targets for Meta Platforms, Inc. (NASDAQ:META), following the results.

In addition, ServiceNow, Inc. (NYSE:NOW) and Canadian Pacific Railway Limited (NYSE:CP) were also among the notable companies that received updated price targets from analysts after their recent earnings. Check out the complete article to see why analysts revised their price targets for these stocks.

10. IDEX Corporation (NYSE:IEX)

Number of Hedge Fund Holders: 25

Mizuho lifted its price target for IDEX Corporation (NYSE:IEX) from $205 per share to $208 per share on Thursday, October 27. The research firm’s increased price reflects the company’s better-than-expected Q3 results.

IDEX Corporation (NYSE:IEX) recently reported adjusted earnings of $2.14 per share, topping the consensus of $2 per share. The third-quarter revenue also jumped 16 percent versus the year-ago period to $824 million, smashing the expectations of $780.88 million.

In addition, IDEX Corporation (NYSE:IEX) also improved its full-year adjusted earnings outlook to a range of $8.04 – $8.09 per share.

9. V.F. Corporation (NYSE:VFC)

Number of Hedge Fund Holders: 29

JPMorgan slashed its price target for V.F. Corporation (NYSE:VFC) from $35 per share to $29 per share on Thursday, October 27. Analyst Tom Nikic was primarily moved by the apparel and footwear company’s revised profit outlook for the full year.

V.F. Corporation (NYSE:VFC) recently decreased its fiscal 2023 adjusted profit outlook to a range of $2.40 – $2.50 per share, from its previous projection between $2.60 – $2.70 per share. The company blamed currency headwinds and elevated inventory levels for the weakness.

The Denver-based company updated the outlook along with its fiscal second quarter results. V.F. Corporation (NYSE:VFC) reported adjusted earnings of 73 cents per share, below the consensus of 75 cents. Revenue for the quarter declined about 4 percent on a year-over-year basis to $3.1 billion, nearly matching expectations.

8. Teladoc Health, Inc. (NYSE:TDOC)

Number of Hedge Fund Holders: 32

Barclays trimmed its price target for Teladoc Health, Inc. (NYSE:TDOC) from $33 per share to $32 per share on Thursday, October 27. The price-target cut apparently came after Teladoc reduced the upper end of its 2022 adjusted EBITDA outlook from $265 million to $250 million.

Nevertheless, Teladoc Health, Inc. (NYSE:TDOC) shares climbed over 10 percent on Thursday morning following its impressive financial results for the third quarter. The virtual healthcare company reported a loss of 45 cents per share, narrower than a loss of 53 cents per share in the year-ago period.

In addition, Teladoc Health, Inc. (NYSE:TDOC) posted revenue of $611.4 million, representing a surge of 17 percent on a year-over-year basis. The results were better than analysts’ average estimate for a loss of 55 cents per share on revenue of $608.76 million.

Like Teladoc Health, Inc. (NYSE:TDOC), analysts also revised their price targets for Meta Platforms, Inc. (NASDAQ:META), ServiceNow, Inc. (NYSE:NOW) and Canadian Pacific Railway Limited (NYSE:CP), after their recent earnings.

7. Align Technology, Inc. (NASDAQ:ALGN)

Number of Hedge Fund Holders: 33

Shares of Align Technology, Inc. (NASDAQ:ALGN) plunged to a new 52-week low on Thursday, October 27, after posting disappointing financial results for the third quarter. Several analysts cut their price targets for the medical device company following its weak quarterly performance.

Piper Sandler analyst Jason Bednar cut his price target for Align Technology, Inc. (NASDAQ:ALGN) from $300 to $230, while Stifel analyst Jonathan Block trimmed his price target for the stock from $325 to $265. Both analysts were primarily moved by the company’s recent earnings.

Meanwhile, Align Technology, Inc. (NASDAQ:ALGN) attributed the weak performance to macroeconomic uncertainty, unfavorable foreign exchange rates and fading consumer confidence.

Overall, Align Technology, Inc. (NASDAQ:ALGN) reported adjusted earnings of $1.36 per share for the third quarter, well below $2.87 per share in the corresponding period of 2021. Sales also dropped 12.4 percent versus last year to $890.3 million. The results missed analysts’ average estimate of $2.21 per share for earnings and $974.89 million for revenue.

6. O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Number of Hedge Fund Holders: 41

Shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) climbed to a new 52-week high on Thursday, October 27, after crushing financial expectations for the third quarter. The impressive performance compelled Wells Fargo to raise its price target for the auto parts retailer from $800 per share to $850 per share.

O’Reilly Automotive, Inc. (NASDAQ:ORLY) reported earnings of $9.17 per share, up from $8.07 per share in the year-ago period. Revenue for the quarter also advanced 9 percent versus last year to $3.80 billion. Analysts were looking for earnings of $8.47 per share on revenue of $3.71 billion.

Looking forward, O’Reilly Automotive, Inc. (NASDAQ:ORLY) guided for earnings in the range of $32.35 – $32.85 per share and revenue between $14.1 – $14.3 billion for the full year.

Speaking on the results, CEO of O’Reilly Automotive, Inc. (NASDAQ:ORLY), Greg Johnson, said in a statement:

“We are pleased to report very strong performance in the third quarter, highlighted by a 7.6% increase in comparable store sales and an incredible three-year stacked comparable store sales increase of 31.2%.”

Click to continue reading and see Analysts are Revising Prices Targets of These 5 Stocks After Earnings.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on November 14, 2025 at by Inan Dogan, PhD

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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