NASDAQ After Hours: Key Stocks and EPS Forecast Updates

In the latest report, several active stocks like NVIDIA and Apple exhibit rising EPS forecasts, while others like Intel remain stagnant. Despite minor fluctuations, the overall recommendations remain in the 'buy range,' indicating potential for investor interest and stock price movements.

Date: 12-09-2024

AI Rating: 7

The report provides an overview of the NASDAQ 100 After Hours activities, highlighting several key companies and their stock performances. Notably, the report mentions important insights related to Earnings Per Share (EPS) and company forecasting.

NVIDIA Corporation (NVDA): The report notes that NVDA has had 9 up revisions for the earnings forecast for the fiscal quarter ending October 2024, with a consensus EPS forecast of $0.69. This generally positive revision suggests increasing potential for the company's profitability, which could positively influence its stock price. Rating: 7
Hewlett Packard Enterprise Company (HPE): Similarly, HPE has experienced 3 up revisions for its earnings forecast, with a consensus EPS forecast of $0.48 as well. Such revisions may also attract investors, leading to potential stock price growth. Rating: 7

Meanwhile, other stocks in the report include:

Apple Inc. (AAPL): Listed among stocks in the "buy range," indicating investor optimism. Rating: 7
Bank of America Corporation (BAC): Also in the "buy range," suggesting a favorable outlook. Rating: 7
Alphabet Inc. (GOOGL): Present in the "buy range," indicating a positive sentiment around its stock. Rating: 7

Companies like Intel (INTC), Ford (F), and Grab Holdings (GRAB) are not showing substantial positive trends, remaining flat or below target prices, which might suggest a neutral to negative investor sentiment regarding them. However, their current positions do not strongly impact the overall market outlook.

The overall stock market sentiment appears cautiously optimistic, fueled by positive EPS forecasts for some major companies. Consequently, these factors could keep stock prices volatile and may lead to a slightly positive investor reaction.

Stocks: NVDA AAPL INTC GOOGL HPE BAC F CAG