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Where are analysts raising estimates?

Stocks tend to follow the direction of earnings estimates. When analysts keep raising their forecasts for a company, the business is usually doing better than expected, and those changes often show up before the reported results do.

Updated Sep 27, 2026

31
% raised

More raises than cuts

Over the past month analysts raised next-year estimates for 151 S&P 500 companies and cut them for 102. Energy has the highest share of raises.

151 raised102 cut236 steady
Share with rising estimates, since June

Over time

The share of S&P 500 companies whose estimates rose over the prior month, then by sector. Select any company to see its estimate.

Share of S&P 500 with rising estimates
Share of S&P 500 companies with rising estimates.
0255075100AugSep

The 60 biggest upward revisions

Revision ranks each company’s one-month estimate change against the whole S&P 500. Select a column to sort.

CompanyRevisionChange, 1MChange, 3MNext-year EPSAnalystsSectorEstimate since June

How to read this page

How it’s measured. Next-year earnings-per-share estimates on Sep 27 compared with Aug 30, for S&P 500 companies.

Sources. Daily prices and analysts’ estimates and ratings from Financial Modeling Prep.

Estimates are the average analyst forecast of next fiscal year’s earnings per share. When a company’s fiscal year rolls over, its change is left out until the new year has a month of history.

In our research the drift after earnings surprises is real but modest. Revisions describe what analysts think; they are not a forecast of the stock.

This page is information, not investment advice. About our data and methods ›

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