This head of investor research explains the latest stock moves on earnings

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This head of investor research explains the latest stock moves on earnings

After earnings sent some well-known companies diverging in Friday’s session, Jessica Inskip, director of investor research at StockBrokers.com, has ideas on how to think about these names going forward. Inskip joined CNBC’s “Three-Stock Lunch” segment to discuss Exxon Mobil , Deckers Outdoor and Atlassian . Here’s what she had to say about each: Exxon Mobil Exxon Mobil shares slid 2.5% after fourth-quarter revenue came in below expectations, according to LSEG. That overshadowed the company’s beat on earnings per share. Inskip said investors should be concerned if the stock does not find support at around $106.84. “I actually have a bearish view on this,” Inskip said. “I think it’s finding neutrality.” The oil stock is now down nearly 1% for 2025. But the majority of analysts polled by LSEG have buy ratings, with an average price target suggesting shares can rise more than 21% over the next year. Deckers Outdoor The shoe manufacturer plummeted 20% on Friday. While the Ugg and Hoka maker beat expectations on both lines for the fiscal third quarter, its full-year revenue guidance came in a hair short of analyst expectations, per LSEG. “It broke its bullish trading cycle, and that’s also turned neutral,” Inskip said, later adding that she’s “not bullish on this one.” She said to watch the 13-week moving average of around $185 for support. But Inskip said she will have a sell signal if it breaks below that level. Shares are now down more than 12% for 2025, putting the stock on track to notch its first negative calendar year since 2015. But after this sell-off, Wall Street’s average price target forecasts shares rallying more than 24%, according to LSEG. The majority of analysts polled by the firm have buy ratings. Atlassian Unlike the other two names, Atlassian surged nearly 15% to a new 52-week high. The tech company beat expectations of analysts surveyed by LSEG on both lines. “I think this is a beautiful, beautiful chart,” Inskip said of Atlassian’s stock chart. “I love pulling this up today,” she added. “It brought me so much joy. This is in a bullish trading cycle.” Atlassian shares are now up 26% for the new year. While the majority of analysts polled by LSEG have a buy rating, they expect shares to pull back by more than 4%.

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