Earnings season is back in the spotlight Tuesday after the closing bell, and the options market is already sketching out just how violent the post-print reaction could be for a pair of software names. The marquee name on this list is Intuit, but the largest implied move is saved for the final section as the countdown runs from the calmer setup to the most volatile.

2. Intuit Inc. | Mkt Cap: $101B | Implied Move: 8.86%

Intuit Inc. (INTU) reports fourth quarter of 2026 results. Wall Street is looking for $3.29 in earnings per share on $4.27 billion in revenue, compared with $2.75 on $3.83 billion a year ago. That setup puts both profit growth and top-line momentum in focus for the software company behind QuickBooks, TurboTax, Credit Karma and Mailchimp.

Options data show the market is pricing in an 8.86% move, with $8.94 billion of market value at stake given Intuit's $101 billion market cap. For a mega-cap software name, that's still a meaningful implied swing, and it sets a high bar for any surprise in guidance.

On the Street, Intuit carries a Buy consensus rating, and the stock is trading below the 180-day average analyst price forecast. Recent notes have been mixed in tone: in August, Deutsche Bank reiterated its Buy rating and cut its price forecast, while Piper Sandler reiterated its Underweight rating.

Intuit shares have pulled back in 2026, down 41.7% year-to-date and trading 16.6% below the 200-day moving average. The stock sits about 48% below the 52-week high of $705.08 heading into the print.

1. Zoom Communications, Inc. | Mkt Cap: $32B | Implied Move: 9.40%

Zoom Communications, Inc. (ZM) reports second quarter of 2027 results. Consensus estimates call for $1.38 in earnings per share on $1.27 billion in revenue, versus $1.53 on $1.22 billion in the prior-year quarter. That combination puts the spotlight on whether revenue growth can offset the year-over-year EPS step-down investors are bracing for.

According to options data, the market is implying a 9.40% move, the widest on this two-stock watchlist, with $2.98 billion of market value at stake based on Zoom Communications' $31.7 billion market cap. That's a sizable expected reaction for a single report, especially with sentiment often hinging on forward commentary.

Zoom Communications runs a video-first communications platform spanning video, voice, chat and content sharing, and the stock carries a Buy consensus rating; the share price sits below the 180-day average analyst price forecast. In August, Rosenblatt reiterated its Buy rating, while UBS reiterated its Neutral rating and raised its price forecast.

Zoom Communications has rallied in 2026, up 28.9% year-to-date and trading 20.7% above the 200-day moving average since the 50-day moving average crossed above the 200-day in May. The shares sit about 53% above the 52-week low of $70.70 going into earnings.