Stocks to Watch Next Week: Tesla, Alphabet, Intel, Boeing & Unilever Earnings Preview
By: Payel
Published on: Apr 21, 2025
As earnings season intensifies, five major companies—Tesla, Alphabet, Intel, Boeing, and Unilever—are set to report quarterly results that could sway markets amid escalating trade tensions and AI investment debates. Here’s what investors need to know.
1. Tesla (TSLA) – Earnings Report: Tuesday, April 22
Key Concerns:
- 37% stock plunge YTD amid delivery misses and Musk’s political controversies.
- Q1 deliveries at 336,681 (vs. 390,342 expected)—worst since Q2 2022.
- Elon Musk’s DOGE role fuels investor anxiety over leadership focus.
What to Watch:
- Affordable vehicle roadmap – Updates on $25K compact EV.
- Robotaxi launch – Progress on June debut.
- Margin pressures – Price cuts and Model Y refresh impact.
Analyst Take:
*"Tesla needs to reassure investors that Musk’s political ventures won’t derail operations. Clarity on mass-market EVs is critical."*
— Matt Britzman, Hargreaves Lansdown
2. Alphabet (GOOGL) – Earnings Report: Thursday, April 24
Key Concerns:
- 19% stock drop YTD due to AI spending fears and trade risks.
- $75B AI budget spooks investors amid DeepSeek’s low-cost competition.
- Ad revenue resilience – Can Google Search withstand tariff headwinds?
What to Watch:
- YouTube & Cloud growth – Key revenue drivers beyond search.
- Regulatory risks – Impact of Trump’s "de minimis" loophole closure.
- AI monetization – Gemini vs. OpenAI/DeepSeek traction.
Analyst Take:
"Alphabet’s ad business is a GDP proxy—any slowdown in consumer spending will hit hard."
— JPMorgan note (Price target cut to 180from180from220)
3. Intel (INTC) – Earnings Report: Thursday, April 24
Key Concerns:
- 5% decline YTD despite new CEO Lip-Bu Tan’s appointment.
- Foundry business woes – Rumored TSMC joint venture talks denied.
- AI laggard status – Can it catch Nvidia and AMD?
What to Watch:
- Turnaround strategy – Tan’s plan to revive chip manufacturing.
- Q1 guidance miss – Revenue expected at 11.7B–11.7B–12.7B (vs. $12.85B est.).
- Gross margins – Can they rebound from 36% (vs. 39% expected)?
Analyst Take:
"Intel’s survival hinges on Tan’s ability to streamline operations and compete in AI."
— Vivek Arya, Bank of America
4. Boeing (BA) – Earnings Report: Wednesday, April 23
Key Concerns:
- China delivery freeze – Bloomberg reports halt in jet shipments.
- 145% China tariffs – Trump’s trade war escalates supply chain risks.
- $11.8B 2024 net loss – Safety crises and labor strikes linger.
What to Watch:
- Cash flow outlook – CFO hinted at "hundreds of millions" in Q1 improvement.
- 737 MAX recovery – Ramp-up delays and regulator scrutiny.
- Defense division – Military contracts as a revenue cushion.
Analyst Take:
*"Boeing’s parts inventory may buffer tariffs now, but long-term trade risks loom large."*
— Brian West, Boeing CFO
5. Unilever (ULVR.L) – Earnings Report: Thursday, April 24
Key Concerns:
- Flat 2024 revenue at €60.8B amid weak consumer confidence.
- Ice cream spin-off – Progress on divestment plans.
- 7,500 job cuts – Restructuring costs vs. savings.
What to Watch:
- Pricing power – Can Dove, Magnum brands offset inflation?
- Emerging markets – Asia & Africa growth amid trade wars.
- Marketing spend ROI – Highest in a decade—will it boost share?
Analyst Take:
*"Unilever’s H2 rebound hopes rely on Fernandez’s cost-cutting and brand reinvestment."*
— Matt Britzman, Hargreaves Lansdown
Market Outlook: Trade Wars & Earnings Volatility
With Trump’s tariffs and Fed policy dominating sentiment, earnings reactions could be amplified. Key themes:
- Tech (Tesla, Alphabet, Intel): AI arms race vs. spending discipline.
- Industrials (Boeing): Geopolitical risks vs. order backlogs.
- Consumer Staples (Unilever): Pricing strategies in a weak demand environment.
Wildcard: Stagflation fears could trigger defensive rotations into healthcare/utilities.
Conclusion: Trading Strategies for Earnings Week
- Tesla: Wait for Musk’s commentary on DOGE exit timing.
- Alphabet: Focus on ad revenue resilience and AI ROI.
- Intel: Tan’s strategic roadmap is make-or-break.
- Boeing: Monitor China exposure and cash flow guidance.
- Unilever: Ice cream spin-off details could lift shares.
Bottom Line: Earnings beats may be overshadowed by macro risks—hedge with gold or defensive stocks.
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