In this article, we look at 10 Stocks With Rising Earnings Estimates and Fresh Catalysts.
Earnings estimate revisions have become a more important screen for investors as the market moves deeper into 2026 with profit expectations still rising. According to FactSet’s June 26 Earnings Insight report, the S&P 500 was expected to post year-over-year earnings growth of 23.1% for Q2 2026, up from 18.8% at the start of the quarter. Revenue expectations also improved, with projected Q2 revenue growth rising to 12.3% from 9.5% over the same period. FactSet noted that analysts also expected earnings growth of 26.7% for Q3 2026 and 24.3% for Q4 2026, suggesting that the revision cycle remains tied to forward demand rather than only backward-looking earnings beats.
The backdrop is not uniform, but several sectors are still benefiting from clearer catalysts. FactSet said 63 S&P 500 companies had issued positive EPS guidance for Q2 2026, above both the five-year and 10-year averages. Technology remains one of the major earnings drivers, with semiconductors expected to be the largest contributor to the sector’s profit growth, while AI continues to show up across corporate commentary. FactSet separately found that AI was mentioned on 337 S&P 500 earnings calls from March 15 through June 11, the highest level in at least a decade.
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Methodology
For this article, we screened U.S.-listed companies that had more upward than downward analyst EPS estimate revisions for the upcoming fiscal year over the past three months. Stocks also needed a company-specific development or a reputable news item within the last 42 days. The final list was ranked by net upward revisions to EPS estimates.
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10. AppLovin Corporation (NASDAQ:APP)
AppLovin Corporation (NASDAQ:APP) is one of the stocks with rising earnings estimates and fresh catalysts. The stock has 2 upward EPS revisions and no downward revisions for the upcoming fiscal year over the last three months, while revenue estimates show 23 upward revisions and 2 downward revisions. That makes AppLovin a lower-ranked name on earnings revision breadth, but still a good fit because the catalyst is unusually direct.
On June 29, Raymond James initiated coverage with a Strong Buy rating and tied its bullish view to AppLovin’s expansion into e-commerce advertising. The firm said the move gives AppLovin a significant long-term growth opportunity beyond its legacy mobile app advertising base. The catalyst is the opening of Applovin Ads, powered by Axon, to a broader advertiser pool, which could turn a curated, access-constrained channel into a more scalable self-serve ad platform. The key watch item is whether e-commerce budgets can add durable revenue without weakening the margin profile that helped drive estimates higher.
AppLovin Corporation (NASDAQ:APP) operates a software platform for mobile app developers and advertisers, including advertising, monetization, and AI-powered campaign optimization tools.
9. Reddit, Inc. (NYSE:RDDT)
Reddit, Inc. (NYSE:RDDT) is one of the stocks with rising earnings estimates and fresh catalysts. The stock has 6 upward EPS revisions and 1 downward revision for the upcoming fiscal year over the last three months, while revenue estimates show 27 upward revisions and 2 downward revisions. The revision mix is stronger on revenue than earnings, which fits a company still building out its monetization model.
On June 22, Axios reported that Reddit expanded its “community intelligence” advertising strategy at Cannes Lions with new tools tied to shopping research and product discovery. Reddit also said nearly half of shoppers verify AI-generated recommendations on the platform before buying, and that 1 in 4 Redditors buy a product after seeing their decision validated there. The catalyst is Reddit’s attempt to turn user discussions into a more valuable ad signal as AI changes search and shopping behavior. That makes the estimate story less about raw user growth and more about improving ad products, higher commercial intent, and better monetization of existing communities.
Reddit, Inc. (NYSE:RDDT) operates an online community platform where users create, discuss, rank, and search content across interest-based forums.
8. Oracle Corporation (NYSE:ORCL)
Oracle Corporation (NYSE:ORCL) is one of the stocks with rising earnings estimates and fresh catalysts. The stock has 22 upward EPS revisions and 14 downward revisions for the upcoming fiscal year over the last three months, while revenue estimates show 30 upward revisions and 5 downward revisions. The ranking is held back by the downward EPS noise, but the revenue revision profile remains strong.
On June 10, Oracle reported fiscal fourth-quarter results and gave a sharply stronger cloud outlook, saying total revenue was expected to grow 27% to 29% and cloud revenue 58% to 64% in USD. The company also reported remaining performance obligations of $638 billion, up sharply year over year, showing that AI infrastructure contracts are still feeding future revenue visibility. The catalyst is Oracle Cloud Infrastructure becoming a larger part of the AI data-center buildout. The risk is that heavy capital spending can pressure cash flow, but the estimate-revision angle is supported by stronger cloud demand rather than a one-off earnings beat.
Oracle Corporation (NYSE:ORCL) provides cloud infrastructure, database software, enterprise applications, and related technology services to businesses and government customers.
7. Credo Technology Group Holding Ltd (NASDAQ:CRDO)
Credo Technology Group Holding Ltd (NASDAQ:CRDO) is one of the stocks with rising earnings estimates and fresh catalysts. The stock has 15 upward EPS revisions and no downward revisions for the upcoming fiscal year over the last three months, while revenue estimates show 14 upward revisions and no downward revisions. That gives Credo one of the cleaner revision profiles in the group, even if its raw revision count is smaller than the larger AI infrastructure names.
On June 1, Credo reported fiscal fourth-quarter revenue of $437 million, up 157% year over year, and guided current-quarter revenue above analyst expectations. The catalyst is the company’s deeper role in AI data-center connectivity, where active electrical cables, optical transceivers, DSPs, and retimers help improve cluster reliability and GPU utilization. Credo also completed its DustPhotonics acquisition on May 28, bringing silicon photonics technology in-house and expanding its optical interconnect roadmap across 800G, 1.6T, and future platforms. That gives the estimate story a product and integration angle, not just a hot-sector halo.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) develops high-speed connectivity products used in data centers, including active electrical cables, optical transceivers, retimers, and signal-processing chips.
6. Dell Technologies Inc. (NYSE:DELL)
Dell Technologies Inc. (NYSE:DELL) is one of the stocks with rising earnings estimates and fresh catalysts. The stock has 19 upward EPS revisions and no downward revisions for the upcoming fiscal year over the last three months, while revenue estimates show 17 upward revisions and none downward. The clean revision profile fits a company whose AI server business has moved from side story to main growth driver.
At the end of May, Reuters reported that Dell raised its annual revenue and profit forecasts amid stronger demand for AI-optimized servers. The company lifted its fiscal 2027 AI server revenue expectation to roughly $60 billion from a prior $50 billion view and raised adjusted EPS guidance to $17.90 from $12.90. Dell also reported first-quarter revenue of $43.84 billion, ahead of Wall Street expectations, with infrastructure solutions revenue up 181%. The catalyst is the scale-up of Nvidia-powered AI servers, supported by demand from cloud and enterprise customers. The estimate-revision angle is direct because guidance moved higher alongside a clear AI infrastructure demand reset.
Dell Technologies Inc. (NYSE:DELL) provides servers, storage, personal computers, software, and technology infrastructure products and services for enterprise, public-sector, and consumer customers.
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