Wall Street Pre-Market Activity: Key Movers and Insights

Pre-market activity shows notable fluctuations. Apple Inc. surged by $10.29, nearing its target price. Meanwhile, Walgreens Boots Alliance faced slight declines despite positive EPS forecast revisions. Investors should assess these metrics closely.

Date: 01-02-2025

AI Rating: 6

Pre-Market Overview

The pre-market session reflects significant movements among major stocks. Notably, Apple Inc. (AAPL) exhibited a strong increase, while Walgreens Boots Alliance, Inc. (WBA) showed slight declines.

Earnings Per Share (EPS)

Walgreens Boots Alliance's EPS forecast stands at $0.53 for the fiscal quarter ending February 2025. Despite recent upward revisions in earnings forecasts, the stock is currently trading below its target price, which may indicate market hesitation or need for verification of anticipated performance.

Current Recommendations

For AAPL, the stock's last sale at $247.88 is just below its target price, suggesting that analysts are optimistic about its potential for continued growth. Similarly, NVDA and CIFR remain in the "buy range" according to market recommendations, indicating a favorable outlook for these stocks among analysts.

Market Activity Summary

Other stocks like PG&E Corp also showed positive movements, reaching a 52-week high, suggesting potential bullish sentiment. However, the general fluctuation in prices for other stocks such as INTC and TSLL reflects investor caution in the current market environment.

Overall, the pre-market indicators point to a mixed sentiment among investors, with a potential alignment towards stocks that exhibit strong recommendations and price performance near their target prices.

Stocks: AAPL WBA NVDA INTC CIFR TSLL BUD NIO QBTS PCG OKLO BBAI