With the Thanksgiving holiday shortening the trading week, investors will still have plenty to watch as several high-profile companies step up to report. The spotlight turns to a mix of global tech leaders, China’s EV and e-commerce giants, and key players in U.S. retail, software, and hardware.
China-based heavyweights Alibaba (BABA) and NIO (NIO), along with Li Auto (LI), will offer an important read on consumer demand and EV momentum heading into year-end.
In the U.S., Zoom Communications (ZM), Dell Technologies (DELL), HP (HPQ), and Pure Storage (PSTG) headline the tech and hardware lineup, while cloud and cybersecurity insights will come from Workday, Zscaler, and Autodesk.
Retail sentiment is critical as the holiday shopping season begins, with earnings from Best Buy (BBY) and Kohl’s (KSS).
Meanwhile, industrial bellwether Deere (DE) and scientific instrument makers Agilent (A) and Analog Devices (ADI) provide a window into capital spending and broader macro conditions.
Below is a rundown of major earnings reports due in the week of November 24 to November 28:
Monday, November 24
Zoom Video Communications (ZM)
Zoom Video Communications (ZM) is due to post its Q3 results after the bell on Monday, with analysts expecting low single-digit growth in both revenue and earnings.
While Seeking Alpha’s Quant Rating holds the stock at a Hold due to muted growth trends, Wall Street analysts remain constructive with a Buy stance.
SA contributor Gary Alexander maintains a bullish view, arguing that Zoom is stabilizing its core business and positioning for renewed expansion despite market skepticism and underperformance versus the S&P 500. He sees potential for a beat-and-raise quarter, supported by early AI monetization benefits and improving churn. Stronger-than-expected results from enterprise software peers, including MSFT, HUBS, and TEAM, also offer positive read-throughs for Zoom across both enterprise and SMB segments. With shares trading at under 10x P/E excluding cash, Alexander highlights ZM as one of the few software names offering attractive valuation and resilient recurring revenue, reinforcing a long position ahead of earnings.
- Consensus EPS Estimates: $1.44
- Consensus Revenue Estimates: $1.21B
- Earnings Insight: Zoom has exceeded EPS expectations in 8 consecutive quarters, missing revenue estimates twice in that span.
Also reporting: Agilent Technologies (A), Keysight Technologies (KEYS), PennantPark Floating Rate Capital (PFLT), PennantPark Investment (PNNT), BioLineRx (BLRX), Semtech (SMTC), and more.
Tuesday, November 25
Alibaba (BABA)
Alibaba (BABA) is set to report its FQ2 earnings on Tuesday before the market opens, offering an important read on China’s consumer strength and the broader sentiment surrounding Chinese tech. Analysts expect roughly 5% Y/Y revenue growth but a steep 61% decline in profits, underscoring a mixed near-term picture.
The company recently launched a refreshed app version of its AI-powered chatbot, Qwen, positioning it more competitively against ChatGPT, Google’s Gemini, and xAI’s Grok.
Wall Street analysts remain upbeat with a Strong Buy rating, citing its AI ambitions. In contrast, Seeking Alpha’s Quant Rating sits at Hold, reflecting ongoing concerns around growth momentum and valuation.
SA contributor Mike Zaccardi, CFA, notes that Alibaba is accelerating its AI ambitions, rebranding its Tongyi app to Qwen to boost adoption and strengthen monetization. The cloud business delivered 26% net sales growth, with management projecting further acceleration supported by elevated capex and rising profitability. Despite some recent estimate cuts, BABA trades at an undemanding valuation with solid technical support, leaving shares 15–20% undervalued, in his view. He maintains a Buy rating, pointing to improving earnings trajectory, strong liquidity, and bullish technicals with upside potential into 2026.
- Consensus EPS Estimates: $0.81
- Consensus Revenue Estimates: $34.19B
- Earnings Insight: The company has beaten EPS estimates in 4 of the past 8 quarters, and revenue estimates in 3 of those reports.
Also reporting: NIO (NIO), HP (HPQ), Pony AI (PONY), Zscaler (ZS), Dell Technologies (DELL), Workday (WDAY), Best Buy (BBY), Autodesk (ADSK), Analog Devices (ADI), Kohl’s Corporation (KSS), Nutanix (NTNX), Ambarella (AMBA), NetApp (NTAP), Baozun (BZUN), and more.
Wednesday, November 26
Deere & Company (DE)
Deere & Company (DE) is scheduled to report its FQ4 results before Wednesday’s open, with analysts expecting a mixed print: profits are projected to fall 16% Y/Y even as revenue edges up about 6%.
Sentiment around the stock has been slowly turning more constructive, especially as expectations firm up around a cyclical bottom.
UBS analyst Steven Fisher recently reiterated a Buy rating, arguing that FY2026 is likely to mark the trough of Deere’s earnings cycle before a recovery begins in 2027. Fisher points to improving trade dynamics and resilient farm fundamentals as early signs of stabilization. UBS forecasts FY2026 EPS of $17.90, slightly below this year’s $18.20, followed by a rebound to $23.20 in 2027, implying roughly 30% earnings growth. Positive trade updates, including China’s commitment to purchase U.S. soybeans and Deere’s $3–$5B in machinery deals with Kazakhstan and Uzbekistan, could bolster farm sentiment and equipment demand. While North American large-ag uncertainty persists, UBS expects Deere to issue a wide FY2026 net income range ($4.4B–$5.1B) reflecting market volatility. Still, the firm sees limited downside with trough earnings largely priced in.
Seeking Alpha’s Quant Rating remains at Hold, while sell-side analysts maintain a Buy.
SA contributor Sandpiper Investment Research also stays bullish, noting that despite pressure from low crop prices and tariffs, Deere’s profitability has held up better than expected. Supply chain normalization and inventory adjustments could set the stage for an FY26 recovery. Key Q4 watch items include tariff burn rate, used-equipment turnover, Brazil shipments, and margin trends.
Offering a stark contrast, IWA Research reiterates a Strong Sell, arguing that Deere’s valuation is disconnected from reality. The contributor flags falling equipment demand, China’s soybean import disruption, global trade tensions, and a weak farming backdrop as major risks. In their view, free cash flow and industry fundamentals do not justify Deere’s current market cap, even in more optimistic scenarios.
- Consensus EPS Estimates: $3.81
- Consensus Revenue Estimates: $9.81B
- Earnings Insight: The company has beaten EPS and revenue estimates in 7 of the past 8 quarters.
Also reporting: Li Auto (LI), EHang Holdings Limited (EH), GSX Techedu (GOTU), and more.
Thursday, November 27
Thanksgiving Day
Friday, November 28
Black Friday. Stock trading will close at 1 p.m. ET.