Earnings Season is Here: Key Stocks to Watch from Goldman Sachs

As we gear up for the latest earnings season, investors are keenly observing shifts in the market and which stocks might defy expectations. The anticipation is palpable, especially following the major announcements from leading banks like JPMorgan and Morgan Stanley. This is a particularly crucial earnings period, not only because of the usual excitement but also due to the volatile economic landscape shaped by recent geopolitical events—including President Trump’s unpredictable trade directives.

At Extreme Investor Network, we believe in empowering our readers with expert insights that can enhance investment strategies. Our analysis suggests that with strategic foresight, investors can position themselves advantageously during this earnings season. With that in mind, let’s delve into the noteworthy stocks highlighted by Goldman Sachs that investors should have on their radar this month.

The Goldman Sachs List: Stocks Positioned for Potential Upside

Goldman Sachs has worked closely with its equity analysts to identify “out-of-consensus” opportunities—stocks that may surprise the market with better-than-expected earnings and subsequent price movements. Below are ten notable companies from this list, showcasing their potential volatility and expected performance following their earnings reports.

1. Progressive (PGR)

Reporting Date: Wednesday

Goldman Sachs anticipates Progressive will experience an implied move of 7.6% after its earnings announcement—significantly higher than its average 1.8% change over the last eight quarters. In 2025, the Ohio-based insurance provider’s shares have surged by over 14%. With Wall Street analysts expressing optimism, the consensus rating is a "buy," with a target suggesting just over 9% upside.

2. Danaher (DHR)

Reporting Date: Later this month

Though Danaher is expected to have a post-earnings implied move of 9.6%, this comes amidst a challenging year where the stock has dropped more than 19%. However, analysts maintain a buy rating, with expectations for a remarkable rebound—targeting a rise of over 40%. This reflects investors’ confidence in the life sciences sector amid ongoing healthcare advancements.

3. Twilio (TWLO)

Reporting Date: Early May

Twilio, a major player in cloud communications, is projected to have an earnings-induced price movement of 12.6%. This is notably above its two-year average of 9.9%. Shares have fallen more than 21% in 2025, creating a potential buying opportunity, as analysts remain optimistic with a buy rating and an average target price that indicates a potential surge of nearly 65%.

Navigating Volatility: Tips for Investors

As we dive deeper into earnings reports, here are some strategies to help you navigate through the volatility:

• Stay Informed: Monitor current events and how they might impact earnings. Geopolitical tensions can significantly affect market sentiments and forecasts.

• Diversify Exposure: Consider not only stocks with potential upside but also those hedged with stable income-producing assets.

• Analyze Analyst Ratings: Pay attention to consensus ratings, but also consider the rationale behind them. Research the fundamentals of companies before making investment decisions.

• Set Target Prices: Determine your investment goals and set target prices that align with your risk tolerance and profit expectations.

At Extreme Investor Network, we’re committed to providing you with timely insights to enhance your investment strategy. Keeping a close eye on earnings reports like Progressive, Danaher, and Twilio can reveal opportunities that might otherwise go unnoticed in the noise of the market.

This earnings season could be the right moment to reassess your portfolio and consider the potential upside from the stocks making headlines. Let’s seize the opportunities together!