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Eli Lilly Could Swing $65.9 Billion After Earnings
Benzinga • • business
Key Points:
- Earnings reports are expected on Wednesday, with the options market pricing in varying degrees of volatility for several major companies, according to Benzinga Pro data.
- Eli Lilly & Co., with a $1 trillion market cap, has an implied move of 6.56%, representing about $65.9 billion in market value at stake, the largest dollar figure on the list.
- Other notable companies include Walt Disney (5.50% implied move), Uber Technologies (5.85%), Shopify (10.81%), Applovin (11.38%), Western Digital (11.73%), and Sandisk (15.50%), with Sandisk showing the widest expected volatility.
- Stocks like Western Digital and Sandisk have seen significant rallies in 2026, while companies such as Applovin and Shopify have experienced notable year-to-date declines, reflecting mixed investor sentiment ahead of earnings.
- Analyst ratings vary, with some firms cutting price forecasts for Disney and Shopify, while others have raised forecasts for Western Digital, highlighting diverse expectations for upcoming earnings results.
