Stocks such as Chipotle Mexican Grill and Southwest Airlines are among the names that could see sharp movements this week on the back of their latest earnings. The second-quarter earnings season seems to be off to a good start, with 12% of the S & P 500 ‘s components already reporting results. Of these companies, about 85% have posted a positive earnings surprise, according to FactSet. Looking ahead, CNBC Pro screened for stocks that could outperform this week in response to their latest quarterly results, specifically by examining forecast moves based on their actions in the options market. Below is the list of stocks that are expected to post notable swings. One name on the list was Chipotle Mexican Grill, which has tumbled nearly 13% this year. The fast-casual burrito chain will report results this Wednesday, and its shares could see a 6% move as a result. Last Friday, BMO Capital Markets upgraded shares of Chipotle Mexican Grill to an outperform rating from market perform. “We believe CMG is well positioned for accelerating comp [same-store sales] growth and improving margin trajectory beginning in 2H25, and view favorably its strong U.S.-heavy store growth that has room to accelerate towards 10% over time,” wrote analyst Andrew Strelzik. Strelzik’s new price target of $65 per share, up from $56, represents upside of nearly 21% from Friday’s close. Southwest Airlines, up 10% this year, could see shares move 5% after reporting results for its most recent quarter this Wednesday. The company will hold a conference call to discuss the results the following day . In May, Deutsche Bank upgraded Southwest to a buy rating from hold. “The three drivers behind our Buy rating are as follows: 1) Southwest’s refreshed board of directors (along with Elliott Management) has ushered in a new era of change at the company, which we think will drive higher shareholder returns; 2) current strategic initiatives should drive meaningful revenue and [earnings before interest and taxes] growth over the next 12-24 months; and 3) we think Southwest’s return on invested capital (ROIC) will significantly improve over the next two years,” wrote analyst Michael Linenberg. The analyst accompanied the move by raising his price target to $40 from $28. This updated forecast implies upside of nearly 10% from Southwest’s Friday close. Telecommunications stock Charter Communications could see a 7% move following results. The company, up 13% in 2025, next reports earnings on Friday . In May, Loop Capital upgraded shares of Charter Communications to a buy rating from hold. Analyst Alan Gould’s price target of $510, upped from $430, represents upside of approximately 33% for the stock. The analyst cited Charter’s upcoming merger with Cox Communications as a catalyst for the stock. The deal is expected to close in 2026. “The transaction is expected to be accretive, reduce leverage, and deliver scale efficiencies — positioning CHTR as the largest domestic cable operator. Additionally, CHTR’s Life Unlimited rebrand, which provides a converged broadband/mobile offering as well as customer service guarantees, is showing early traction,” Gould wrote. Other names on the list include Danaher , International Business Machines and GE Vernova .
