Some companies reporting earnings next week could disappoint investors, if analysts’ predictions are anything to go by. Roughly 7% of the companies in the S & P 500 index — representing 34 stocks — and seven companies in the Dow Jones Industrial Average are set to report earnings next week. Netflix will headline the week, alongside a handful of airline and financial companies. While analysts have lowered their fourth quarter earnings expectations, FactSet’s sell-side survey still estimates S & P 500 year-over-year earnings will grow 11.7%, which would be the fastest in three years. Against this backdrop, CNBC Pro screened the companies reporting earnings next week looking for those where analysts are increasingly bearish. To make the cut, stocks had to meet the following criteria: S & P 500 member Earnings estimates revised down 10% or more over the past three months Have buy ratings from less than half the analysts covering the stock Here are the results: McLean, Virginia-based Capital One turned up. The bank has risen almost 4% in 2025, through Tuesday, after a 36% rally in 2024, and is due to report its latest earnings next Tuesday. More negatively, on Tuesday the Consumer Financial Protection Bureau announced that it was suing Capital One for “cheating” customers out of more than $2 billion in interest. In a statement, the agency alleged that Capital One deceived holders of its “360 Savings” account by deliberating conflating it with a higher-yielding “360 Performance Savings” account. Fewer than half the analysts who cover Capital One rate it a buy, and earnings estimates have fallen 13% in the past three months. Analysts are similarly bearish on homebuilding stock D.R. Horton . Shares have added 2.4% this year, but ended 2024 with an 8% decline. Last month, JPMorgan downgraded Arlington, Texas-based D.R. Horton to underweight from neutral, while Barclays downgraded to equal weight from overweight. “We expect the stock to underperform its peers over the next 12 months, based on our view that its relative valuation is expensive compared to our relative fundamental outlook,” wrote JPMorgan analyst Michael Rehaut. Rehaut expects the company’s below average gross- and operating margins to persist in 2025 and 2026. D.R. Horton will report results on Tuesday. Texas Instruments will report earnings next Thursday. The semiconductor maker is ahead 3.2% so far in 2025, adding to a 10% rally in 2024. In November, Wells Fargo began research coverage of Dallas-based Texas Instruments with an equal weight rating. “Despite line of sight to the end of TI’s aggressive capex cycle, visibility of a demand reacceleration is limited,” analyst Joe Quatrochi wrote at the time. “We think a more gradual cycle recovery could make it tough for TI to meet $8-$12/share 2026 [free cash flow] target without additional capex adjustment.” Other names reporting next week that analysts are bearish on include drugmaker Johnson & Johnson and Crown Castle , a real estate investment trust that specializes in cell phone towers.
