--- title: "Tesla Earnings Could Move $83 Billion in Market Value" type: "News" locale: "en" url: "https://longbridge.com/en/news/293381988.md" description: "Tesla, IBM, GE Vernova, and Texas Instruments report Q2 2026 earnings Wednesday. Options markets imply significant volatility: Tesla faces a 5.91% move ($83B value), IBM 5.44%, GE Vernova 8.16%, and Texas Instruments 9.29%. Analysts expect EPS growth for all four companies compared to prior-year figures. While IBM and Tesla have declined YTD, GE Vernova and Texas Instruments have rallied significantly." datetime: "2026-07-21T19:31:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293381988.md) - [en](https://longbridge.com/en/news/293381988.md) - [zh-HK](https://longbridge.com/zh-HK/news/293381988.md) --- # Tesla Earnings Could Move $83 Billion in Market Value Earnings are set to hit the tape on Wednesday, and options markets are already sketching out the size of the post-print swing investors may have to stomach. Implied moves can be a quick read on how much uncertainty traders see around results and guidance, according to Benzinga Pro. The marquee name on this Benzinga-selected list is Tesla, but the biggest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile. ## 5\. International Business Machines Corp. | Mkt Cap: $198B | Implied Move: 5.44% **International Business Machines Corp.** (NYSE:IBM) reports second quarter of 2026 results after the closing bell. Wall Street is looking for $3.02 in earnings per share on $17.86 billion in revenue, compared with $2.80 on $16.98 billion a year ago. Benzinga Pro data show options are pricing in a 5.44% move, the smallest implied swing in this five-stock watchlist — but it still represents $10.8 billion of market value at stake. International Business Machines sells software, IT consulting services and hardware aimed at helping enterprises modernize their technology workflows. The stock carries a Buy consensus rating, and the stock is trading well below the 180-day average analyst price forecast; in July, **Stifel** and **Citigroup** reiterated Buy ratings while cutting their price forecasts. International Business Machines has slid in 2026, down 26.9% year-to-date and trading 23.0% below the 200-day moving average. The shares are within 3.1% of the 52-week low of $204.44 heading into the print. **Read Also: Bill Ackman Says 'Never Bet Against Elon' Amid SpaceX's Decline, Explains Why Pershing Square Doesn't Own SPCX** ## 4\. Tesla, Inc. | Mkt Cap: $1.4T | Implied Move: 5.91% **Tesla, Inc.** (NASDAQ:TSLA) reports second quarter of 2026 results after the closing bell. Consensus estimates call for 44 cents in earnings per share on $25.24 billion in revenue, versus 40 cents on $22.50 billion in the prior-year quarter. According to Benzinga Pro, the options market is implying a 5.91% move. With Tesla sitting at a $1.4 trillion market cap, that’s about $83 billion of market value in play around the report. Tesla is a vertically integrated EV automaker that also develops real-world AI software tied to autonomous driving and humanoid robots, keeping the focus on both vehicle demand and the longer-dated software narrative. The stock carries a Buy consensus rating, and the share price sits below the 180-day average analyst price forecast; in July, **Morgan Stanley** and **Barclays** reiterated Equal-Weight ratings while raising their price forecasts. Tesla has pulled back in 2026, down 15.6% year-to-date and trading 10.3% below the 200-day moving average after the 50-day moving average crossed below the 200-day in April. The shares sit about 25% below the 52-week high of $498.83. ## 3\. GE Vernova Inc. | Mkt Cap: $297B | Implied Move: 8.16% **GE Vernova Inc.** (NYSE:GEV) reports second quarter of 2026 results before the opening bell. The Street is modeling $3.22 in earnings per share on $10.75 billion in revenue, up from $1.86 on $9.11 billion a year earlier. Options traders are pricing in an 8.16% move, according to Benzinga Pro, putting about $24.3 billion of market value at stake for the power-and-electrification name. GE Vernova sells products and services that generate, transfer, convert and store electricity across power, wind and electrification. It has a Buy consensus rating, and the 180-day average analyst price forecast is above where the stock trades; in June, Bernstein initiated coverage with an Outperform rating. GE Vernova has been one of the stronger tapes in this group, up 58.8% year-to-date and trading 34.9% above the 200-day moving average. The shares sit about 109% above the 52-week low of $530.16. ## 2\. Texas Instruments Inc. | Mkt Cap: $267B | Implied Move: 9.29% **Texas Instruments Inc.** (NASDAQ:TXN) reports second quarter of 2026 results after the closing bell. Analysts expect $1.92 in earnings per share on $5.23 billion in revenue, compared with $1.41 on $4.45 billion in the year-ago quarter. Benzinga Pro shows the options market implying a 9.29% move, a sizable setup for a mega-cap semiconductor name — roughly $24.8 billion of market value at stake. Texas Instruments generates the bulk of its revenue from semiconductors and is the world’s largest maker of analog chips used to process real-world signals like sound and power. The stock carries a Buy consensus rating, and shares trade below the 180-day average analyst price forecast; in July, **Keybanc** reiterated an Overweight rating and raised its price forecast. Texas Instruments has rallied in 2026, up 60.0% year-to-date and trading 32.0% above the 200-day moving average. The shares sit about 92% above the 52-week low of $152.73. ## 1\. Servicenow, Inc. | Mkt Cap: $106B | Implied Move: 10.50% **Servicenow, Inc.** (NYSE:NOW) reports second quarter of 2026 results after the closing bell. Consensus calls for 76 cents in earnings per share on $3.93 billion in revenue, versus 82 cents on $3.21 billion in the prior-year period. According to Benzinga Pro, options are pricing in a 10.50% move — the widest implied swing on this Benzinga-selected list — with about $11.1 billion of market value at stake. Servicenow sells SaaS software designed to structure and automate business processes, with a core focus on IT workflows for enterprise customers. The stock carries a Buy consensus rating and the stock is trading well below the 180-day average analyst price forecast; in July, **DA Davidson** reiterated a Buy rating and cut its price forecast, while **Cantor Fitzgerald** reiterated an Overweight rating and raised its price forecast. Servicenow has pulled back in 2026, down 29.0% year-to-date and trading 20.0% below the 200-day moving average. The shares sit about 51% below the 52-week high of $210.20. **Read Also: AAPL Stock Hits Historic 11x Sales Peak Ahead of Tim Cook's Final Earnings Call as Apple CEO** _Photo: SAI-SU-PAW-KA / Shutterstock_ ### Related Stocks - [GEV.US](https://longbridge.com/en/quote/GEV.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [TXN.US](https://longbridge.com/en/quote/TXN.US.md) - [IBM.US](https://longbridge.com/en/quote/IBM.US.md) - [TSL.US](https://longbridge.com/en/quote/TSL.US.md) - [TSLZ.US](https://longbridge.com/en/quote/TSLZ.US.md) - [TSLS.US](https://longbridge.com/en/quote/TSLS.US.md) - [TSLT.US](https://longbridge.com/en/quote/TSLT.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TESL.US](https://longbridge.com/en/quote/TESL.US.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [GEVX.US](https://longbridge.com/en/quote/GEVX.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [TSLG.US](https://longbridge.com/en/quote/TSLG.US.md) - [TSLI.US](https://longbridge.com/en/quote/TSLI.US.md) - [TSLO.US](https://longbridge.com/en/quote/TSLO.US.md) - [TSLW.US](https://longbridge.com/en/quote/TSLW.US.md) - [TSLY.US](https://longbridge.com/en/quote/TSLY.US.md) - [TSYY.US](https://longbridge.com/en/quote/TSYY.US.md) - [TYYY.US](https://longbridge.com/en/quote/TYYY.US.md) - [CRSH.US](https://longbridge.com/en/quote/CRSH.US.md) - [TSLP.US](https://longbridge.com/en/quote/TSLP.US.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [TXNU.US](https://longbridge.com/en/quote/TXNU.US.md) - [IBX.US](https://longbridge.com/en/quote/IBX.US.md) - [NOW.US](https://longbridge.com/en/quote/NOW.US.md) - [PSHZF.US](https://longbridge.com/en/quote/PSHZF.US.md) ## Related News & Research - [Tesla stock gains as options traders price in ~6% post-earnings swing](https://longbridge.com/en/news/293363112.md) - [Tesla Diner is throwing a birthday party with a Franz-signed special treat](https://longbridge.com/en/news/293174117.md) - [Why IBM stock crashed today](https://longbridge.com/en/news/292700291.md) - [Is IBM stock in trouble?](https://longbridge.com/en/news/293222189.md) - [Tesla Stock Rises After 20% Berlin Factory Production Boost Plan](https://longbridge.com/en/news/293233368.md)