Earnings season keeps the tape busy from next week, and a watchlist spanning medical devices, semiconductors, cybersecurity, enterprise hardware and cloud software is setting up for potentially sharp post-print swings. With guidance and forward commentary often moving stocks more than the headline numbers, options-implied moves offer a real-time snapshot of how much volatility traders are bracing for, according to market data.
The marquee name on this list is Broadcom, but the biggest implied move is saved for the final section as the countdown runs from the calmest setup to the most volatile.
5. Medtronic plc | Mkt Cap: $115B | Implied Move: 5.42%
Medtronic plc Medtronic (MDT) reports first quarter of 2027 results on Tuesday before the opening bell.
Wall Street is looking for $1.39 in earnings per share on $9.53 billion in revenue, compared with $1.26 on $8.58 billion in the year-ago period. For a large-cap medical-device maker, the bar is typically set as much by procedure trends and product momentum as by the quarter's EPS beat or miss.
Market data show options are pricing in a 5.42% move, the narrowest implied swing in this five-stock lineup — but it still represents $6.26 billion of market value at stake.
Medtronic is one of the largest medical-device companies, developing and manufacturing therapeutic devices used to treat chronic diseases. The stock carries a Buy consensus rating, and the stock is trading below the 180-day average analyst price forecast; in July, UBS upgraded the stock to Buy and raised its price forecast, while Needham reiterated a Buy rating and raised its price forecast in August.
Medtronic has declined in 2026, down 6.3% year-to-date, yet it's still trading 0.4% above the 200-day moving average. The shares sit about 15% below the 52-week high of $106.33.
4. Broadcom Inc. | Mkt Cap: $1.7T | Implied Move: 7.96%
Broadcom Inc. Broadcom (AVGO) reports third quarter of 2026 results on Wednesday after the closing bell.
Consensus estimates call for $3.16 in earnings per share on $29.44 billion in revenue, versus $1.69 on $15.95 billion a year ago. With Broadcom's scale, investors often focus on whether demand signals in computing and networking are accelerating or normalizing — and what that means for the next leg of growth.
According to market data, the options market is implying a 7.96% move, putting about $139 billion of market value at stake given Broadcom's $1.74 trillion market cap.
Broadcom is one of the world's largest semiconductor companies and has expanded into infrastructure software, with chips serving computing and networking and custom AI accelerators now accounting for the bulk of the business. The stock has a Buy consensus rating, and the share price sits well below the 180-day average analyst price forecast; recent Street activity has been mixed, with BMO Capital initiating coverage at Outperform in August while Erste Group downgraded the stock to Hold in July.
Broadcom has rallied in 2026, up 6.9% year-to-date and trading 0.5% above the 200-day moving average. Even after that gain, the shares sit about 25% below the 52-week high of $495.
3. Palo Alto Networks, Inc. | Mkt Cap: $316B | Implied Move: 9.91%
Palo Alto Networks, Inc. Palo Alto Networks (PANW) reports fourth quarter of 2026 results on Tuesday after the closing bell.
The Street is modeling 88 cents in earnings per share on $3.35 billion in revenue, compared with 95 cents on $2.54 billion in the prior-year quarter. For a platform cybersecurity name, the quarter can hinge on how customers are consolidating spend across network security, cloud security and security operations — and whether growth is coming with durable profitability.
Options traders are bracing for a 9.91% move, according to market data, with roughly $31.3 billion of market value at stake based on Palo Alto Networks' $316 billion market cap.
Palo Alto Networks sells a platform-based cybersecurity suite spanning network, cloud and security operations. It carries a Buy consensus rating, and the 180-day average analyst price forecast is close to where the stock trades; in August, JP Morgan reiterated an Overweight rating and raised its price forecast, and Benchmark reiterated a Buy rating and raised its price forecast.
Palo Alto Networks has been a standout in 2026, up 113.4% year-to-date and trading 70.1% above the 200-day moving average since the 50-day moving average crossed above the 200-day in May. The stock is within 2.5% of the 52-week high of $398.88.
2. Dell Technologies Inc. | Mkt Cap: $299B | Implied Move: 10.67%
Dell Technologies Inc. Dell Technologies (DELL) reports second quarter of 2027 results on Tuesday after the closing bell.
Analysts expect $4.86 in earnings per share on $44.56 billion in revenue, up from $2.32 on $29.78 billion in the year-ago quarter. With Dell Technologies tied to enterprise hardware cycles, investors will be listening for commentary on demand for commercial PCs and on-premises data center gear.
Market data show the options market is implying a 10.67% move, which is sizable for a $299 billion company — about $31.8 billion of market value at stake.
Dell Technologies is a broad IT vendor focused on enterprise hardware, including premium and commercial PCs and data center infrastructure. The stock has a Buy consensus rating, and shares trade below the 180-day average analyst price forecast; in August, UBS, Morgan Stanley, and Evercore ISI Group raised their price forecasts.
Dell Technologies has surged in 2026, up 269.5% year-to-date and trading 90.0% above the 200-day moving average. The shares sit about 319% above the 52-week low of $110.22.
1. Snowflake Inc. | Mkt Cap: $114B | Implied Move: 12.40%
Snowflake Inc. Snowflake (SNOW) reports second quarter of 2027 results on Wednesday after the closing bell.
Wall Street is calling for 26 cents in earnings per share on $1.48 billion in revenue, compared with 35 cents on $1.14 billion a year ago. For Snowflake, the print often comes down to whether customers are expanding usage and workloads fast enough to justify premium growth expectations.
According to market data, options are pricing in a 12.40% move — the widest implied swing on this list — with about $14.1 billion of market value at stake.
Snowflake runs a fully managed platform that consolidates data across public clouds for centralized analytics and governance. The stock carries a Buy consensus rating, and the stock is trading near the 180-day average analyst price forecast; in August, Barclays, Citigroup, and Benchmark raised their price forecasts.
Snowflake has rallied in 2026, up 51.9% year-to-date and trading 51.7% above the 200-day moving average since the 50-day moving average crossed above the 200-day in July. The shares sit about 178% above the 52-week low of $118.30.
