Welcome to Seeking Alpha’s Catalyst Watch – a breakdown of some of next week’s actionable events that stand out. Read more about the events that may impact stock prices next week.
Monday – March 9
- All week – The energy markets will be closely watched as developments in the Middle East conflict play out.
- Volatility watch – IREN (IREN) and Xenon Pharmaceuticals (XENE) are set up for a volatile week of trading based on options volume. The most overbought stocks per their 14-day relative strength index include White Pearl Acquisition (WPAC), Peakstone Realty Trust (PKST), and Archrock (AROC). The most oversold stocks per their 14-day Relative Strength Index include Horizon Technology (HRZN), Fulgent Genetics (FLGT), and Franklin Covey (FC). Short interest is elevated on Hertz Global (HTZ) and Six Flags Entertainment (FUN).
- Earnings watch – Notable companies due to report include Hewlett Packard Enterprises (HPE), Casey’s General Stores (CASY), and Vail Resorts (MTN). Options trading implies a double-digit swing in share price for Voyager Technologies (VOYG) after it reports.
- Dividend watch – Companies that have an ex-dividend date coming next week include Alphabet (GOOG), FedEx (FDX), Travelers (TRV), and Coca-Cola (KO).
- IPO watch – PayPay (PAYP) is expected to price its IPO and begin trading. The IPO lockup expires on certain blocks of shares of Klarna (KLAR), Black Rock Coffee Bar (BRCB), Gemini Space Station (GEMI), and Via Transportation (VIA). The quiet period expires on Solv Energy (MWH) and Arko Petroleum (APC) to free up analysts to post ratings.
- All day – The three-day Deutsche Bank Media, Internet, and Telecom Conference begins. Some of the notable companies with presentations or fireside chats include American Tower (AMT), Verizon (VZ), and Roku (ROKU).
- All day – The Game Developers Conference in San Francisco is expected to see a broader AI-focused festival atmosphere. Nvidia (NVDA), Apple (AAPL), and Ubisoft (UBSFY) are some of the companies that will have a significant presence.
- All day – Shareholders with Alexander & Baldwin (ALEX) will vote on the takeover offer from a joint venture of MW Group, Blackstone Real Estate, and DivcoWest. The stock traded 3.1% below the deal price at the time of publication.
- 11:00 a.m. The New York Federal Reserve will release its 1-Year Inflation Expectations figure report, derived from a monthly survey of consumers.
Tuesday – March 10
- Earnings watch – Notable companies due to report include Oracle (ORCL), AeroVironment (AVAV), and Nio (NIO). Options trading implies a double-digit swing in share price for Kohl’s (KSS) and Domo (DOMO) after they report.
- All day – Walker & Dunlop (WD) will host an Investor Day event to provide an update on the company’s long-term growth strategy, with a specific focus on its five-year outlook.
- All day – The three-day Barclays Global Healthcare Conference begins. Some of the notable companies with presentations or fireside chats include Johnson & Johnson (JNJ), Baxter (BAX), and Medline (MDLN).
- All day – The NEXT Summit New York conference focused on online gambling and sports betting will begin. BetMGM (MGM) (GMVHF) CEO Adam Greenblatt is one of the confirmed speakers.
- All day – TransUnion (TRU) will host an Investor Day event.
Wednesday – March 11
- Earnings watch – Notable companies due to report include Campbell’s Company (CPB), UiPath (PATH), and Netskope (NTSK). Options trading implies a double-digit swing in share price for Fossil (FOSL) and Bumble (BMBL) after they report.
- All day – OPEC will release its monthly oil market report.
- 8:30 a.m. The Consumer Price Index report for February will be released by the U.S. Bureau of Labor Statistics. Economists expect the core inflation rate to be 3.1%.
- 10:00 a.m. Anheuser-Busch InBev (BUD) CEO Michel Doukeris will give a keynote speech at the UBS Global Consumer Retail Conference in New York City.
- 10:00 a.m. Celsius Holdings (CELH) CFO Jarrod Langhans will present at the UBS Global Consumer Retail Conference in New York City.
Thursday – March 12
- Earnings watch – Notable companies due to report include Adobe (ADBE), Dollar General (DG), Ulta Beauty (ULTA), Lennar (LEN), Li Auto (LI), Rubrik (RBRK), and Dick’s Sporting Goods (DKS). Options trading implies double-digit swings for Sleep Number (SNBR) and Once Upon A Farm (OFRM) after they report.
- All day – Lucid Group (LCID) will host an Investor Day event that will include a comprehensive update on the company’s strategic priorities, operational execution, long-term growth roadmap, and financial outlook.
- As part of the program, the company will provide analysts and journalists with an early, in-depth preview of its upcoming midsize vehicle program and highlight select software advancements supporting its next-generation vehicle architecture.
- All day – The six-day SXSW Conference in Austin, Texas begins. Major sponsors this year include Eli Lilly (LLY) and Samsung Electronics (SSNLF). Serve Robotics (SERV) will display new AI and robot technology.
- All day – EPAM Systems (EPAM) will host an Investor Day event in Boston.
- All day – Vulcan Materials Company (VMC) will hold its Investor Day event.
- 8:00 a.m. Best Buy (BBY) CEO Corie Barry and CFO Matt Bilunas will present at the UBS Global Consumer Retail Conference in New York City.
- 8:30 a.m. The February Producer Price Index report will be released.
- 9:00 a.m. Mattel (MAT) CEO Ynon Kreiz will give a keynote speech at the UBS Global Consumer Retail Conference in New York City.
Friday – March 13
- 8:30 a.m. The January Durable Goods Orders report will be released.
- 8:30 a.m. The core PCE price index report for January will be released. Economists forecast a 3.1% increase.