Bed Bath & Beyond, Target, Lowe's, Cisco, FuboTV And More: U.S. Stocks To Watch

Benzinga2022-08-17

With US stock futures trading mostly flat this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

  • Bed Bath & Beyond Inc. (NASDAQ:BBBY) jumped another 19% in premarket trading Wednesday after soaring 29% yesterday.
  • Wall Street expects Target Corporation (NASDAQ:TGT) to report quarterly earnings at $0.73 per share on revenue of $26.09 billion before the opening bell. Target shares rose 0.7% to $181.49 in premarket trading Wednesday.
  • Analysts are expecting Lowe's Companies, Inc. (NYSE:LOW) to have earned $4.62 per share on revenue of $28.14 billion for the latest quarter. The company will release earnings before the markets open. Lowe's shares rose 0.4% to $215.00 in after-hours trading Tuesday.
  • Analysts expect Cisco Systems, Inc. (NASDAQ:CSCO) to post quarterly earnings at $0.82 per share on revenue of $12.73 billion after the closing bell. Cisco shares gained 0.3% to $46.89 in premarket trading Wednesday.
  • FuboTV (NYSE:FUBO) chief financial officer John Janedis said he expects Fubo's revenue will more than double between 2022 and 2025, and also pointed the way toward expanding average revenue per user [ARPU] on subscriptions plus ads, adding that churn around the company's recent price increase was smaller than expected. FuboTV shares rose another 3% in premarket trading Wednesday after soaring 45% yesterday.
  • Per a filing released after the close on Tuesday, Canoo (NASDAQ:GOEV) CEO Tony Aquila acquired 200K shares at an average purchase price of about $3.99. Shares of the Arkansas-based EV company rose 3.3% to $4.09 in premarket trading Wednesday.
  • Agilent Technologies, Inc. (NYSE:A) reported better-than-expected results for its third quarter and raised its FY22 guidance. Agilent shares jumped 6.6% to $141.50 in the after-hours trading session Tuesday.
  • AerSale Corporation (NASDAQ:ASLE) reported a secondary offering of 4.25 million shares of common stock. AerSale shares dipped 11.2% to $17.61 in the after-hours trading session Tuesday.
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