As earnings season slows down, the upcoming week still brings few of the most closely watched earnings lineups of the quarter, spanning tech, retail heavyweights, industrial names, and global consumer platforms.
Market attention will center on NVIDIA (NVDA) as investors look for signs of sustained AI-driven demand, while Palo Alto Networks (PANW), Elastic (ESTC), and other enterprise software names will offer more in-depth insight into cybersecurity, data infrastructure, and AI workloads.
Retail results take the spotlight as Walmart (WMT), The Home Depot (HD), Target (TGT), Lowe’s (LOW), The TJX Companies (TJX), Ross Stores (ROST), Williams-Sonoma (WSM), and Bath & Body Works (BBWI) provide a crucial read on holiday-season consumer strength.
Meanwhile, China-focused names including Baidu (BIDU), XPeng (XPEV), PDD Holdings (PDD), NetEase (NTES), iQIYI (IQ), Futu Holdings (FUTU), and Trip.com Group (TCOM) will gauge post-Golden Week momentum and macro recovery trends.
The week will also feature key reports from Sociedad Química y Minera de Chile (SQM), JinkoSolar (JKS), Danaos (DAC), ZIM Integrated Shipping (ZIM), Star Bulk Carriers (SBLK), Powell Industries (POWL), UGI Corporation (UGI), Medtronic (MDT), Intuit (INTU), and Oaktree Specialty Lending (OCSL).
Below is a rundown of major earnings reports due in the week of November 17 to November 21:
Monday, November 17
XPeng (XPEV)
XPeng (XPEV) will report earnings before Monday’s market open, with analysts expecting a ~70% improvement in profit on more than 100% Y/Y revenue growth.
The company recently impressed audiences by unveiling its next generation “Iron” humanoid robot at its AI Day, showcasing highly realistic movement.
The Chinese EV manufacturer’s stock has risen significantly so far in 2025, rising over 123%. The stock gets a Buy rating from the sell-side analysts, but Seeking Alpha’s Quant rating systems maintain a cautious Hold.
SA Investing Group Leader Envision Research reiterated a Buy, citing strong innovation in humanoid robots, autonomous driving, and physical AI, along with improving gross margins now comparable to TSLA and BYD.
Meanwhile, SA contributor Julia Ostian maintains a Hold but highlights that XPEV’s IRON robot appears more commercially advanced than Tesla’s Optimus, positioning Xpeng as a forward-leaning player in China’s EV-plus-robotics space despite robotics being a long-term theme.
- Consensus EPS Estimates: -$0.07
- Consensus Revenue Estimates: $2.87B
- Earnings Insight: The company has beaten EPS estimates in 7 of the past 8 quarters and revenue estimates in 5 of those reports.
Also reporting: JinkoSolar Holding (JKS), Danaos. (DAC), Trip.com Group Limited (TCOM), Helmerich & Payne (HP), Niu Technologies (NIU), Gladstone Capital (GLAD), Luckin Coffee (OTCPK:LKNCY), Sohu.com (SOHU), Aramark Holdings (ARMK), ZEEKR Intelligent Technology Holding (ZK), and more.
Tuesday, November 18
Home Depot (HD)
Home Depot (HD) is set to report its Q3 earnings before Tuesday’s open, with analysts expecting a modest Y/Y increase in both revenue and EPS, offering a clearer view of home-improvement demand amid shifting consumer spending and ongoing macro pressures.
Wall Street maintains a Buy rating, while Seeking Alpha’s quant model stays at Hold due to growth and valuation concerns.
SA author Daniel Javier is bullish, highlighting HD’s strong operations, geographic diversity, growing Pro segment, solid cash levels, and attractive valuation with a target of $422, viewing recent technical weakness as a buying opportunity.
In contrast, contributor Vladimir Dimitrov, CFA, retains a Sell, arguing the stock’s underperformance doesn’t reduce risk, fundamentals remain disconnected from price, and rising dividend payout ratios appear unsustainable despite supportive market momentum.
- Consensus EPS Estimates: $3.84
- Consensus Revenue Estimates: $41.14B
- Earnings Insight: Home Depot has consistently outperformed revenue estimates in the past 6 of the 8 quarters and EPS forecasts in 5 of those reports.
Also reporting: Baidu (BIDU), Medtronic (MDT), Pinduoduo (PDD), iQIYI (IQ), Star Bulk Carriers (SBLK), Chemical & Mining Co. of Chile (SQM), Navios Maritime Partners LP (NMM), Oaktree Specialty Lending Corporation (OCSL), Weibo Corporation (WB), Futu Holdings (FUTU), Canaan (CAN), and more.
Wednesday, November 19
NVIDIA (NVDA)
Nvidia (NVDA) will headline this week’s earnings, with its Q3 report due Wednesday after the close. Analysts expect revenue and earnings to surge more than 50% Y/Y, driven by unrelenting AI-chip demand and accelerating data center growth.
Susquehanna lifted its price target on Nvidia (NVDA) to $230 from $210, keeping a positive rating ahead of FQ3 earnings. The firm expects strong results as the GB300 ramp accelerates and hyperscalers boost capex by 69% in 2025 and 24% in 2026. Supply checks were upbeat, with Foxconn already hitting its 2025 AI server revenue goal. Analysts highlighted Blackwell Ultra’s higher ASPs and Nvidia’s visibility into $500B+ in Blackwell and Rubin revenue through CY26, signaling upside to current forecasts. Generative AI, Omniverse, and networking should continue driving growth, while auto remains soft. Gross margins are expected to trend toward the mid-70% range by year-end.
While Wall Street analysts maintain a Strong Buy consensus, Seeking Alpha’s Quant system remains more cautious, rating NVDA a Hold on valuation concerns.
SA contributor Paul Franke maintains a Sell on Nvidia (NVDA), warning that its 28x P/S ratio is unsustainably high for a $5T company and that growing global competition could erode margins. He also points to weakening momentum and expects a potential pullback toward $150–$170 by January.
On the other hand, Michael Del Monte reiterates a Strong Buy, highlighting powerful AI infrastructure demand, record hyperscaler capex, and Nvidia’s strong competitive position in both the U.S. and China. He sees continued data center expansion and product refresh cycles driving growth, supporting his $351 price target.
- Consensus EPS Estimates: $1.25
- Consensus Revenue Estimates: $54.89B
- Earnings Insight: Nvidia outperformed revenue and EPS estimates in 8 consecutive quarters.
Also reporting: Target (TGT), Lowe’s Companies (LOW), Palo Alto Networks (PANW), Nano Dimension (NNDM), TJX Companies (TJX), Cerence (CRNC), Wix.com (WIX), Williams-Sonoma (WSM), Kulicke & Soffa Industries (KLIC), Global-e Online (GLBE), Agora, (API), ZTO Express (ZTO), Jack in the Box (JACK), and more.
Thursday, November 20
Walmart (WMT)
Walmart (WMT) is set to deliver its Q3 earnings report before the market opens on Thursday in what’s expected to be also the most closely watched release of the week. Analysts anticipate a modest Y/Y growth in profits and sales.
While Wall Street stays firmly bullish with a Strong Buy consensus, Seeking Alpha’s Quant Rating remains at Hold, reflecting valuation and growth concerns.
SA contributor YR Research also leans cautious, noting Walmart’s rally has cooled as its premium ~39x forward P/E raises the bar for further upside. Although e-commerce continues to drive growth, rising investments and intensifying competition are pressuring margins, and the new ChatGPT partnership introduces uncertainties around customer economics versus rivals like Amazon, Uber, and DoorDash. With high expectations already priced in, Walmart will need meaningful margin expansion and faster growth to justify additional upside, supporting a Hold view.
- Consensus EPS Estimates: $0.60
- Consensus Revenue Estimates: $175.14B
- Earnings Insight: Walmart has exceeded EPS in 100% of the past 8 quarters and revenue expectations in 6 of those reports.
Also reporting: Veeva Systems (VEEV), Intuit (INTU), ZIM Integrated Shipping Services (ZIM), Elastic N.V. (ESTC), Bath & Body Works (BBWI), Ross Stores (ROST), NetEase (NTES), Vipshop Holdings Limited (VIPS), Nano-X Imaging (NNOX), UGI Corporation (UGI), Copart (CPRT), Jacobs (J), Diana Shipping (DSX), and more.
Friday, November 21
The week wraps up on a lighter note, with only a handful of earnings scheduled for Friday’s pre-market session. Notable names include BJ’s Wholesale Club (BJ), Azenta (AZTA), MINISO Group Holding Limited (MNSO), Moog (MOG.A), and more.