--- title: "Earnings Volatility Watch: SanDisk and Nine Other Stocks Could Swing Up To 17.5% This Week" type: "News" locale: "en" url: "https://longbridge.com/en/news/294610633.md" description: "SanDisk and Western Digital lead a list of ten major U.S. stocks with the highest implied earnings volatility for the first week of August, with SanDisk expected to swing up to 17.5%. Other notable movers include Novo Nordisk, DoorDash, Shopify, Cloudflare, Datadog, AppLovin, Petrobras, and Constellation Energy. These estimates are based on options market pricing surrounding their upcoming earnings announcements." datetime: "2026-08-02T13:45:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294610633.md) - [en](https://longbridge.com/en/news/294610633.md) - [zh-HK](https://longbridge.com/zh-HK/news/294610633.md) --- # Earnings Volatility Watch: SanDisk and Nine Other Stocks Could Swing Up To 17.5% This Week After a week dominated by mega-cap earnings, with **Microsoft Corp.** (NASDAQ:MSFT) and **Amazon.com Inc.** (NASDAQ:AMZN) sharply exceeding expectations while **Apple Inc.** (NASDAQ:AAPL) and **Meta Platforms Inc.** (NASDAQ:META) were punished over margin concerns, the first week of August brings a different cast. **Novo Nordisk** **A/S** (NYSE:NVO) and **Eli Lilly Co.** (NYSE:LLY) headlines the GLP-1 franchise, while **SanDisk Corp.** (NASDAQ:SNDK) and **Western Digital Corp.** (NASDAQ:WDC), two of the most watched memory names, sit at the top of the volatility table. Screening Benzinga Pro data for U.S.-listed companies worth more than $50 billion, these are the 10 largest implied movers of the week. ## Which Stocks Could Swing The Most This Week? The implied move is the percentage change that options markets expect a stock to make over a specific period, in this case around an earnings announcement, based on current option prices. ### **10\. Constellation Energy: 9.00% Implied Move** The nuclear power producer reports Aug. 6 before the open. Analyst consensus calls for $7.95 billion in revenue and earnings at $2.42 per share. Watch new power purchase agreements with data center customers, nuclear output and the Calpine integration. **Constellation Energy Corp.** (NASDAQ:CEG) heads into the print down 25.5% for 2026. ### **9\. Petrobras: 9.58% Implied Move** The Brazilian oil major reports Aug. 6 after the close. Watch production volumes, refining margins with Brent near $90 and the size of the next dividend declaration. **Petróleo Brasileiro S.A.** (NYSE:PBR) has climbed 51.4% since January. ### 8\. Novo Nordisk: 9.65% Implied Move The GLP-1 drugmaker reports Aug. 5 before the open. Analysts model $11.35 billion in revenue and earnings of 81 cents per share. Wegovy and Ozempic prescription trends, supply and competition from Eli Lilly are the swing factors. **Novo Nordisk A/S** (NYSE:NVO) is off 7.8% on the year. ### 7\. DoorDash: 10.12% Implied Move The food delivery platform reports Aug. 5 after the close. Consensus sits at $4.33 billion in revenue and earnings of 45 cents per share. Total orders, gross order value and the pace of grocery and new-vertical growth are what matters. **DoorDash Inc.** (NASDAQ:DASH) has slipped 13.5% in 2026. ### 6\. Shopify: 12.47% Implied Move The e-commerce platform reports Aug. 6 before the open. Analysts expect $3.44 billion in revenue and earnings of 40 cents per share. Gross merchandise volume, take rate and operating margin drive the reaction. **Shopify Inc.** (NYSE:SHOP) sits 26.5% lower year to date. **Read Also: Microsoft Stock Eyes Best Week Since 2000: History Has a Warning for Buyers** ### **5\. Cloudflare: 12.68% Implied Move** The connectivity and security company reports Aug. 6 after the close. Analyst consensus calls for $665.50 million in revenue and earnings of 27 cents per share. Large-customer additions, net revenue retention and traction in AI inference products are the levers. **Cloudflare Inc.** (NYSE:NET) has gained 42.4% this year. ### **4\. Datadog: 12.88% Implied Move** The observability software firm reports Aug. 6 before the open. Analysts model $1.08 billion in revenue and earnings of 59 cents per share. Net revenue retention, large-customer growth and AI-native customer contribution are the tell. **Datadog Inc.** (NASDAQ:DDOG) has nearly doubled in 2026, up 99.9%. ### **3\. AppLovin: 12.96% Implied Move** The mobile advertising company reports Aug. 5 after the close. Consensus sits at $1.94 billion in revenue and earnings at $3.72 per share. Advertising engine revenue, the e-commerce ad rollout and EBITDA margin drive the move. **AppLovin Corp.** (NASDAQ:APP) has lost 42.1% year to date, the worst performer on this list. ### **2\. Western Digital: 13.39% Implied Move** The hard drive maker reports Aug. 5 after the close. Analysts expect $3.69 billion in revenue and earnings at $3.29 per share. Nearline drive demand from data centers, exabyte shipments and pricing set the tone for the standalone HDD business. **Western Digital Corp.** (NASDAQ:WDC) has more than tripled, up 222.2% for the year. ### **1\. SanDisk: 17.47% Implied Move** The memory chip maker reports Aug. 5 after the close. Analysts model $8.39 billion in revenue and earnings at $34.45 per share. NAND pricing, enterprise SSD demand for AI and gross margin are what the market is pricing. Up 423.2% in 2026, **SanDisk Corp.** (NASDAQ:SNDK) towers over the rest of this group. **Read Also: Apple’s Worst Day Since March 2020: A ‘100-Year Flood’ Triggered It** ### Related Stocks - [NVO.US](https://longbridge.com/en/quote/NVO.US.md) - [NET.US](https://longbridge.com/en/quote/NET.US.md) - [DASH.US](https://longbridge.com/en/quote/DASH.US.md) - [CEG.US](https://longbridge.com/en/quote/CEG.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [DDOG.US](https://longbridge.com/en/quote/DDOG.US.md) - [APP.US](https://longbridge.com/en/quote/APP.US.md) - [PBR.A.US](https://longbridge.com/en/quote/PBR.A.US.md) - [SHOP.US](https://longbridge.com/en/quote/SHOP.US.md) - [PBR.US](https://longbridge.com/en/quote/PBR.US.md) - [WDC.US](https://longbridge.com/en/quote/WDC.US.md) - [APPX.US](https://longbridge.com/en/quote/APPX.US.md) - [NVOX.US](https://longbridge.com/en/quote/NVOX.US.md) - [SHPD.US](https://longbridge.com/en/quote/SHPD.US.md) - [DASX.US](https://longbridge.com/en/quote/DASX.US.md) - [DOGD.US](https://longbridge.com/en/quote/DOGD.US.md) - [NVOH.US](https://longbridge.com/en/quote/NVOH.US.md) - [CEGX.US](https://longbridge.com/en/quote/CEGX.US.md) - [SHPU.US](https://longbridge.com/en/quote/SHPU.US.md) - [SNDG.US](https://longbridge.com/en/quote/SNDG.US.md) - [SNDQ.US](https://longbridge.com/en/quote/SNDQ.US.md) - [SNDU.US](https://longbridge.com/en/quote/SNDU.US.md) - [SNXX.US](https://longbridge.com/en/quote/SNXX.US.md) - [WDCX.US](https://longbridge.com/en/quote/WDCX.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [LLY.US](https://longbridge.com/en/quote/LLY.US.md) - [WDCVV.US](https://longbridge.com/en/quote/WDCVV.US.md) ## Related News & Research - [Novo Nordisk's anti-inflammatory drug fails to reduce cardiovascular risk in late-stage trial](https://longbridge.com/en/news/294508078.md) - [What DoorDash's new fee structure means for your next order](https://longbridge.com/en/news/293776013.md) - [Petroleo Brasileiro S.A.- Petrobras (PBR) Expected to Release Quarterly Earnings on Thursday](https://longbridge.com/en/news/294315514.md) - [Petrobras posts Sergipe presentation highlighting deepwater development, decommissioning plans](https://longbridge.com/en/news/294232256.md) - [Contax RJ administrator flags R$ 1.74 million Petrobras payment retentions as concursal claims](https://longbridge.com/en/news/294553980.md)