Companies Reporting Next Week to Have Earnings Momentum on Their Side

Several companies scheduled to release their quarterly earnings next week could experience a boost in their share prices, with General Motors and Charter Communications standing out among them.

‍

As the second-quarter earnings season gains momentum, nearly 20% of S&P 500 companies—98 in total—are set to report their results. The lineup includes major names from sectors such as telecommunications and defense, with big players like Tesla, Alphabet, and General Motors likely to attract the most attention.

‍

With a wave of earnings ahead, CNBC Pro analyzed FactSet data to identify S&P 500 companies that could see positive market reactions post-earnings. To make the list, a company needed to have two key attributes: a minimum 20% upside to its average analyst price target and upward earnings-per-share (EPS) estimate revisions of at least 10% over both the past three and six months.

‍

Among the top contenders is General Motors, which is scheduled to report on Tuesday. The automaker’s stock has remained mostly flat so far in 2025, but Wall Street sees significant upside. Analysts’ consensus price targets suggest GM shares could climb by as much as 32%.

‍

Earlier this month, CLSA initiated coverage of GM with an "outperform" rating. Analyst Christopher Richter set a price target of $68, implying nearly a 28% upside from last Friday’s close. According to Richter, GM is taking strategic advantage of new tariffs proposed by former President Trump. Instead of raising prices to offset the tariffs, the company is keeping pricing steady, placing pressure on foreign competitors.

‍

GM is also making a $4 billion investment to bring some of its production operations back to the U.S., further appealing to national interests and potentially reaping political and financial benefits.

‍

Another promising candidate is Charter Communications, which will announce results next Friday. The telecommunications company has already climbed 11% this year, and analysts project an additional 30% upside in its stock price. In May, Loop Capital upgraded Charter from “hold” to “buy.” Analyst Alan Gould increased his price target from $430 to $510, representing a potential 33% gain.

‍

Gould cited Charter’s planned merger with Cox Communications as a major growth catalyst. The merger is expected to bring operational efficiencies, reduce debt levels, and create the largest cable operator in the U.S. Charter is also gaining traction with its "Life Unlimited" rebranding, which bundles broadband and mobile offerings and emphasizes customer service guarantees.

‍

Additionally, the company is revamping its video strategy by offering ad-supported streaming apps at no additional cost, aiming to slow the loss of video subscribers.

‍

Another name to watch is NextEra Energy, which has risen about 6% this year and is projected to climb another 20% according to analyst price targets. The utility company is scheduled to report its earnings next Wednesday. Earlier in July, Wolfe Research added NextEra to its Alpha List, highlighting the stock as an undervalued growth opportunity.

‍

Wolfe Research analyst Steve Fleishman said that the stock is approaching a turning point. He emphasized that NextEra’s strong fundamentals—top-tier growth, a robust balance sheet, and the resolution of recent headwinds—make it a compelling long-term investment. Fleishman set a price target of $82, about 8% above where the stock closed on Friday.

‍

Beyond these headline names, several other S&P 500 companies also show strong earnings momentum:

• Allegion (reporting July 24) has seen its EPS estimates rise 16% over three months and 46% over six, with analysts projecting a 22% upside.
• Baker Hughes (July 22) posted an impressive 68% and 114% increase in EPS estimates over three and six months, respectively, and is seen with 26% potential upside.
• Chubb, IQVIA, Labcorp, and Synchrony Financial all show double-digit EPS estimate increases and 20%-plus upside projections.
• Textron and United Rentals, both industrial names, also show momentum heading into earnings with more than 30% combined EPS growth revisions and strong upside expectations.

‍

These companies reflect a range of sectors — from energy to healthcare to finance — with one common thread: rising analyst optimism ahead of earnings. The significant upward revisions in EPS estimates indicate growing confidence in these companies’ near-term performance, while sizable gaps between current share prices and average analyst price targets suggest room for meaningful post-earnings rallies.

‍

As nearly one-fifth of the S&P 500 prepares to report, investor focus will not only be on headline numbers but also on forward-looking commentary. In a market where valuation concerns remain high and positive surprises are needed to justify continued gains, companies like GM, Charter, and NextEra stand out as potential winners in the upcoming week.

‍