According to Woofun AI, the U.S. stock market is set to experience significant volatility driven by earnings reports on Tuesday, with options markets already pricing in elevated volatility expectations. Major industry players, including SpaceX (SPCX.US) and Netflix (NFLX.US), spanning aerospace to streaming entertainment, will collectively release their Q3 2026 earnings. According to Benzinga Pro’s tracked list, while SpaceX (SPCX.US) has drawn considerable attention, the stocks with the greatest potential price movements are concentrated at the bottom of the list. As the earnings release deadline approaches, market volatility is rapidly rising from relatively calm levels to high territory.
RTX Corp. (RTX.US) will be the first to release its Q3 2026 earnings report before the market opens. Wall Street analysts expect earnings per share of $1.78 and revenue of $24.08 billion, both exceeding last year’s同期 figures of $1.70 and $22.48 billion, respectively. The options market anticipates a 5.42% price movement for the stock. Given RTX’s market capitalization of $259 billion, this implies approximately $14.1 billion in market value could fluctuate around the earnings release. As a major aerospace and defense manufacturer, RTX operates across commercial aerospace supply and defense programs, making investors closely monitor the balance between demand in the aviation industry and defense spending.
Benzinga Pro data shows the stock currently holds a 'Buy' consensus rating, yet the price remains below the average analyst target price over the past 180 days; in October, RBC Capital (RY.US), Bernstein, and TD Cowen (TD.US) all lowered their price targets. Since 2026, the stock has risen 3.6%, but after the 50-day moving average crossed above the 200-day moving average, the price is still 1.4% below the 200-day moving average. The current share price is approximately $226.88, about 15% below its 52-week high.
GE Aerospace (GE.US) also released its Q3 2026 earnings report prior to market open. The market expects earnings per share of $2.00 and revenue of $12.84 billion, compared to $1.66 and $12.18 billion in the same period last year. The options market anticipates a stock price volatility of 5.50%. Given GE’s market capitalization of $328 billion, approximately $18.1 billion in market value could be affected around the earnings release. GE Aerospace is responsible for the design, manufacturing, and maintenance of commercial aircraft turbine engines and provides services through its CFM joint venture with Safran; delivery volumes, maintenance frequency, and service offerings are key factors influencing the stock price. The stock has received a "Buy" rating, but its current price is significantly below the 180-day average analyst target; in September of this year, Wells Fargo (WFC.US) and Jefferies (JEF.US) lowered their price targets. Since the beginning of 2026, the stock has declined 2.2% and is trading 2.4% below its 200-day moving average. The current stock price is approximately $388.84, about 19% below its 52-week high.
3M Company (MMM.US) also released its third-quarter 2026 earnings report prior to market open. Analysts expect earnings per share of $2.39 and revenue of $6.61 billion, compared to $2.19 and $6.3 billion in the same period last year. The options market implies a volatility rate of 5.55% for the stock. Given 3M’s market capitalization of $85.2 billion, approximately $4.73 billion in market value could fluctuate around the earnings release. 3M’s product portfolio spans industrial materials to safety equipment, with quarterly performance dependent on end-market demand. Benzinga Pro shows the stock has a "Hold" rating, trading below the 180-day average analyst target; JPMorgan (JPM.US) lowered its forecast in October, while Bernstein upgraded the rating to "Market Perform" and raised its target in September. Since the beginning of 2026, the stock has risen 1.8%, and following a move above its 200-day moving average on July 5, the current price is 2.7% higher than the 200-day moving average.
Halliburton Company (HAL.US) released its Q3 2026 earnings report ahead of the open. The market expects earnings per share of $0.58 and revenue of $5.57 billion, roughly in line with the same period last year’s $0.58 EPS and $5.6 billion in revenue. The options market implies a volatility rate of 5.58% for the stock, which translates to approximately $1.56 billion in market value exposure for this $28 billion oilfield services company. Halliburton is the leading oilfield services provider in North America and holds a significant position in hydraulic fracturing and completion operations; investors closely monitor its scale and pricing power. The stock has a "Buy" rating, but its price remains well below the 180-day average analyst target; in September, UBS (UBS.US) reiterated a "Neutral" rating while raising its price target. Since the beginning of 2026, the stock has risen 13.2%, but it still trades 6.0% below its 200-day moving average following the 50-day moving average crossing below the 200-day average in August. The current share price is approximately $43.59, about 23% below its 52-week high.
General Motors (GM.US) will release its third-quarter 2026 earnings report before the market open. The market expects earnings per share of $3.63 and revenue of $48.7 billion, both above the prior-year period’s $2.80 and $48.59 billion. The options market implies a 5.85% expected stock price volatility. Given GM’s market capitalization of $76.5 billion, approximately $4.48 billion in market value could be affected around the earnings release. GM’s business segments include GM North America, GM International, and GM Financial, with earnings performance dependent on profitability across segments and regional market demand. Benzinga Pro shows the stock has a "Buy" rating, but the current price remains below the 180-day average analyst target; in October, JPMorgan (JPM.US) and UBS (UBS.US) lowered their estimates, while RBC Capital (RY.US) raised its forecast. Since the beginning of 2026, the stock has risen 3.7%, and following the 50-day moving average crossing above the 200-day moving average, the current price is 4.9% above the 200-day moving average.
Space Exploration Technologies Corp. (SPCX.US) will release its Q3 2026 earnings report after market close. Wall Street expects earnings per share of $0.14 and revenue of $12.71 billion. The options market anticipates a stock price volatility rate of 6.61%. Given SpaceX’s (SPCX.US) market capitalization of $1.93 trillion, approximately $12.8 billion in market value could be affected around the earnings release. The company designs, manufactures, and operates reusable rockets to deliver payloads to orbit for government and commercial clients; market focus will center on launch frequency and the trajectory of contract developments. The stock has received a "Buy" rating, yet its price remains significantly below the 180-day average analyst target; in October, Evercore ISI Group (EVR.US) raised its outlook, while Barclays (BCS.US) initiated coverage with an "Overweight" rating.
Intuitive Surgical Inc. (ISRG.US) announced its Q3 2026 earnings after market close. Analysts expect earnings per share of $2.64 and revenue of $2.91 billion, compared to $2.40 and $2.5 billion in the same period last year. The options market implies an implied volatility of 8.09%. Given its market capitalization of $154 billion, approximately $12.4 billion in market value could be affected around the earnings release. Intuitive Surgical sells minimally invasive surgical robotic systems and generates ongoing revenue from instruments and accessories, with stock performance influenced by the volume of procedures performed and system installations.
The stock has received a "Buy" rating, but its price is below the analysts' 180-day average expectation; in October of this year, BTIG lowered its outlook, while Barclays (BCS.US) initiated coverage with an "Overweight" rating. Since 2026, the stock has declined 24.1% and is trading 2.5% below its 200-day moving average. The current price is approximately $603.88, about 29% below its 52-week high. United Airlines Holdings, Inc. (UAL.US) also reported its third-quarter 2026 earnings after the market close.
The market expects earnings per share of $2.59 and revenue of $17.89 billion, compared to $2.78 and $15.22 billion in the same period last year. The options market anticipates a stock price volatility of 8.14%. Given its market capitalization of $31.5 billion, approximately $25.7 billion in market value could be affected around the earnings release. United Airlines is a major U.S. airline with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, Newark, and Washington, D.C., and investors are closely monitoring demand trends as well as unit revenue and cost pressures.
The stock has received a "Buy" rating, but its price remains significantly below the analysts' 180-day average expectation; in October, UBS (UBS.US), Susquehanna, and Wells Fargo (WFC.US) lowered their forecasts. Since 2026, the stock has declined 15.0%, and even after the 50-day moving average rose above the 200-day moving average, the price is still 10.6% below the 200-day moving average. The current price is approximately $138.77, about 30% below its 52-week high.
Netflix (NFLX.US) reported its third-quarter 2026 earnings after the market close. Analysts expected earnings per share of $0.82 and revenue of $12.88 billion, both above the prior-year period’s $0.59 and $11.51 billion. The options market implies an 8.36% implied volatility—the highest on Benzinga’s精选 list—suggesting approximately $24.5 billion in market value could be affected around the earnings release. Netflix, which operates a global streaming platform with over 300 million subscribers, is under scrutiny for changes in user growth and revenue guidance. The stock has a "Buy" rating, but its price remains significantly below the 180-day average analyst target; in October, BMO Capital (BMO.US) and Wedbush lowered their estimates, while Rosenblatt maintained a "Neutral" rating. Since the beginning of 2026, the stock has declined 22.5% and is trading 15.1% below its 200-day moving average. The current price of approximately $124.86 is about 44% below its 52-week high.
Overall, market volatility during this week’s earnings season will exhibit significant industry divergence. According to data compiled by Woofun AI, market cap fluctuations among major companies range from $14.1 billion for RTX to $24.5 billion for Netflix, reflecting intense investor sentiment and differing expectations regarding industry fundamentals.
Although most individual stocks have received "buy" ratings, their prices generally remain below analysts' long-term expectations, indicating cautious market sentiment. As more earnings data becomes available, this high volatility may continue to spread across the broader technology and industrial sectors; investors should closely monitor discrepancies between guidance and actual results to manage potential market risks. This marks the second consecutive quarter in which the market has faced a large-scale valuation reassessment driven by earnings reports.