Observed Signal · Jul 13, 2026 · Earnings Report · Source: CNBC Investing · Impact: 4/5 · Sentiment: Neutral
Evercore Names Four Stocks That Could Rally on Q2 Earnings
Evercore ISI highlighted four beaten-down large-cap stocks — Nvidia, Alphabet, Netflix and Booking Holdings — as candidates to rally during the Q2 earnings season, identifying them as part of a cohort it calls “beaten-down beat and raisers.” Julian Emanuel, head of Evercore’s equity, derivatives and quantitative strategy, said upside earnings surprises could lift share prices as positioning remains cautious. Evercore raised its S&P 500 2026 EPS estimate to $330 (from $310) and its 2027 forecast to $360 (from $333), and the firm expects the S&P 500 to finish the year at 7,750. Evercore’s Stan Shipley expects companies will beat second-quarter earnings expectations by roughly 7%, while FactSet projects the S&P 500 to post Q2 earnings growth above 20%.
Analyst guidance and earnings-season expectations can move large-cap stock prices and influence market forecasts; Evercore ISI adjusted S&P 500 EPS and year-end targets, which matters to investors and market participants.
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Key Takeaways & Evidence Grounding
- Evercore ISI identified Nvidia, Alphabet, Netflix and Booking Holdings as four “beaten-down beat and raisers” that could rally during Q2 earnings season.
- Julian Emanuel, head of Evercore’s equity, derivatives and quantitative strategy, said upside earnings surprises should catalyze higher share prices as positioning is cautious.
- Evercore ISI raised its S&P 500 2026 EPS estimate to $330 from $310 and its 2027 EPS forecast to $360 from $333.
- Evercore expects the S&P 500 to end the year at 7,750.
- Stan Shipley of Evercore ISI expects companies will beat second-quarter earnings expectations by about 7%; FactSet expects S&P 500 Q2 earnings growth above 20%.
Connected Companies & Entities
6 Entities mapped“There are four big-name stocks that could start to turn around this earnings season, after struggling so far this year. Nvidia Alphabet Netf...”
“Nvidia Alphabet Netflix Booking Holdings The quartet are part of a group that Evercore ISI identified as “beaten-down beat and raisers” — un...”
“Netflix, dealing with M & A activity in its failed bid for Warner Bros Discovery, is off by more than 40% from its recent peak....”
“Booking, hurt from geopolitical headwinds that knocked travel, is down by 23%....”
“The S & P 500 is expected to post a second straight quarter of earnings growth above 20%, according to FactSet....”
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