Six of the seven Magnificent 7 stocks have reported earnings. Only Nvidia remains and it will finally report earnings this week.
But the spotlight isn’t only about NVIDIA. Other technology companies are reporting earnings as well. Additionally, the big cap retailers will start to roll out earnings including Home Depot, Target and Walmart along with some specialty retailers like Williams-Sonoma and The Gap.
How Is the Consumer Doing?
There have been mixed signals this earnings season about the consumer. Some restaurants and retailers are reporting a challenging environment while others, like the cruise lines, are seeing record bookings for 2026.
All eyes will be on the big cap retailers like Walmart. Are tariffs still biting? What are consumers buying right now?
Black Friday and Cyber Monday are approaching fast. What does the all-important holiday season look like?
5 Must-See Earnings Charts This Week
1. The TJX Companies, Inc. (TJX)
The TJX Companies has beat on earnings 14 quarters in a row. It’s an earnings all-star. TJX’s last earnings miss was in 2022. That’s impressive for a retailer.
Shares of The TJX Companies are near their 5-year highs, up 20% year-to-date. It’s not cheap on a price-to-earnings (P/E) basis though. TJX trades at 32x forward earnings.
Will The TJX Companies beat again?
2. Lowe’s Companies, Inc. (LOW)
Lowe’s is an earnings all-star. It has a perfect 5-year record of beating on earnings. That’s impressive given that 5 years ago the world was still dealing with the pandemic.
Lowe’s is expected to grow earnings by 2.5% this year and 7.9% next year. But with consumers slowing their spending, will it hit earnings?
Lowe’s shares are down 11% year-to-date as the housing market remains weak.
Will Lowe’s beat again this quarter and will it matter for the stock?
3. Target Corp. (TGT)
Target has missed two quarters in a row. It has struggled in 2025. Earnings are expected to fall 16.8% this year.
Shares of Target are down 34% year-to-date and are near 5-year lows.
However, it trades with a forward P/E of just 12.
Will Target turn it around this quarter and post an earnings beat?
4. Palo Alto Networks, Inc. (PANW)
Palo Alto Networks is an earnings all-star. It hasn’t missed on earnings in 5 years. That’s an amazing track record.
Not only that, shares of Palo Alto Network are trading near their all-time highs, up 10.4% year-to-date. This cybersecurity giant is expected to grow earnings by 13.5% this year.
Will Palo Alto Networks beat again?
5. Walmart Inc. (WMT)
Walmart is coming off an earnings miss last quarter. However, Walmart had beat 12 of the last 13 quarters. It still has a great earnings surprise track record.
Shares of Walmart are up 12.2% year-to-date and are trading near all-time highs. However, Walmart isn’t cheap. It trades with a forward P/E of 39 while it’s expected to grow earnings just 4% this year.
Walmart is facing a lot of headwinds. Will it overcome them this quarter?
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Target Corporation (TGT): Free Stock Analysis Report The TJX Companies, Inc. (TJX): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Palo Alto Networks, Inc. (PANW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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