Stocks to watch next week: Tencent, Walt Disney, Cisco, Burberry and Rolls-Royce

A raft of big-name companies are due to report in the coming week, ranging across sectors from entertainment to tech and fashion.

Chinese tech giant Tencent (0700.HK) is slated to release its latest quarterly results, having reported a strong second quarter, buoyed by its investments in artificial intelligence (AI) and solid performance in gaming.

In the US, media and entertainment company Disney (DIS) is set to release full-year results, with the company having reported declines in revenue and operating income in its linear TV arm in the third quarter.

Meanwhile, expectations are high going into Cisco's (CSCO) latest results, following a rating upgrade on the technology company's stock by UBS (UBSG.SW).

In the UK, investors will be keeping an eye on Burberry's (BRBY.L) results, for further signs of recovery from the luxury fashion brand.

Aerospace engineer Rolls-Royce (RR.L) has been a stand-out performer on the FTSE 100 (^FTSE) this year, as investors flocked to defence stocks. Investors will want to see if the company has sustained that momentum in the third quarter, when the company reports on Thursday.

Here's more on what to look out for:

Tencent (0700.HK) – Reports third quarter results on Thursday 13 November

Shares in Tencent (0700.HK) popped following the release of the company's second quarter results in August, after revenue came in ahead of estimates.

The company reported total revenue of RMB184.5bn (£19.71bn), which was up 15% year-on-year and was around 3% higher than analyst forecasts, according to a Bloomberg report.

Net profit came in at RMB64.8bn, which represented 22% growth year-on-year.

Read more: Most popular stocks and funds investors bought in October

Ma Huateng said that the company's performance came as it continued to invest in and benefit from utilising AI.

"Our games performed well in terms of users and revenue as evergreen games such as Honour of Kings and Peacekeeper Elite evolve into platforms while increasing their usage of AI, and as new games such as Delta Force broke out," he said.

He said also that marketing services revenue continued to see "rapid growth".

Shares in the Hong Kong-listed company are up 51% year-to-date and are trading near record highs at the time of writing.

HKSE - Delayed Quote•USD

(0700.HK)

追蹤 View Quote Details

634.000

-10.000

(-1.55%)

At close: 4:08:02 PM GMT+8 Advanced Chart

The Walt Disney Company (DIS) – Reports full-year results on Thursday 13 November

Disney (DIS) has been in the headlines over the past week for its dispute with Alphabet-owned (GOOGL, GOOG) YouTube TV over carriage fees. After failing to reach a new agreement, subscribers to YouTube TV lost access to Disney-owned channels, such as ESPN and ABC.

繼續閱讀

Shares in Disney (DIS) are trading 1% in the red over the past five days, as the blackout continued and volatility throughout 2025 has left the stock nearly 1% down year-to-date.

Disney (DIS) stock slid after the release of its third quarter results in early August, following a sharp decline in the company's linear TV arm and its outlook raise failed to impress investors.

Revenue in the company's linear networks division, which includes ABC, Disney Channel and National Geographic, fell 15% in the third quarter to $2.27bn (£1.72bn). Operating income in this arm of the business was down 28% compared the same quarter last year at $697m.

Read more: Rachel Reeves lays the ground for raising taxes in autumn budget

The company's Disney+ streaming platform added 1.8 million subscribers in the third quarter, however this was below expectations of 2.05 million new subscribers, according to a Bloomberg poll of analysts.

Overall, Disney (DIS) posted revenue of $23.65bn for the third quarter, which was up 2% from the same period last year, but just shy of analyst estimates of $23.68bn.

Adjusted earnings per share (EPS) came in at $1.61, topping expectations of $1.46, as per Bloomberg's analyst poll.

Disney (DIS) raised its outlook for the fiscal year to adjusted EPS of $5.85, up from a forecast of $5.75 in May, though some analysts said this didn't quite match expectations.

"The updated guide was not as good as bulls likely hoped,” KeyBanc analyst Brandon Nispel wrote in a reaction to the third quarter results.

NYSE - Nasdaq Real Time Price•USD

(DIS)

追蹤 View Quote Details

110.80

+0.33

+(0.29%)

As of 9:41:02 AM EST. Market Open. Advanced Chart

Cisco (CSCO) – Reports first quarter results on Wednesday 12 November

Ahead of the release of Cisco's (CSCO) latest results, UBS upgraded its rating on the stock to a "buy" and raised its price target on the shares from $74 to $88.

In a note, an analyst cited a multi-year growth cycle for the company, boosted by demand for artificial intelligence (AI) infrastructure, noting that Cisco (CSCO) had secured more than $2bn in AI orders in its 2025 fiscal year.

Shares in the digital communications technology company rose on the back of the rating upgrade, with the stock currently trading 20% in the green year-to-date.

Read more: Stocks that are trending today

The company's fourth-quarter results, released in August, were slightly better than expected by analysts on Wall Street.

Adjusted EPS came in at $0.99, just ahead of the Bloomberg consensus estimate of $0.98. Revenue of $14.67bn was also better than an estimate of $14.63bn.

For the first quarter of its 2026 fiscal year, Cisco (CSCO) guided to revenue of $14.65bn to $14.85bn and EPS of $0.97 to $0.99. The company said it expected revenue for the coming year to range from $59bn $60bn and EPS to come in at $4.00 to $4.06.

Victoria Scholar, head of investment at Interactive Investor, said that expectations are "high going into this earnings report" following the UBS upgrade.

She said that the analyst consensus on Cisco (CSCO) is a buy recommendation, according to Refinitiv, with an average target price of $77.33 per share.

NasdaqGS - Nasdaq Real Time Price•USD

(CSCO)

追蹤 View Quote Details

71.04

0.00

(0.00%)

As of 9:41:01 AM EST. Market Open. Advanced Chart

Burberry (BRBY.L) – Reports interim results on Thursday 13 November

Investors will be looking for further signs of recovery in Burberry's (BRBY.L) interim results, following some improvement in the company's first quarter of results.

The luxury fashion brand reported £433m ($569m) in retail revenue in the first quarter, which was down 2% on a constant currency basis. Comparable store sales dipped 1%, though this was better than the 3% fall expected by analysts, according to a Reuters report.

Richard Hunter, head of markets at Interactive Investor, said that this also represented the third consecutive quarter of improvement since CEO Joshua Schulman took the helm in July last year.

He said that the Schulman's "Burberry Forward" turnaround strategy, announced last November, "is clearly beginning to have a positive impact, but the transformation will take time to filter through".

Read more: Bank of England holds interest rates at 4% in knife-edge decision

"The Burberry (BRBY.L) brand is one which had moved away from its traditional British traits of heritage and innovation, which had such appeal to overseas buyers and particularly tourists with an aspirational and stylish look," said Hunter. "The group wishes to return to a more focused and traditional luxury brand, with particular emphasis on the outerwear for which it has become traditionally known, which is currently outperforming expectations."

As for the outlook for its first-half performance, consensus figures provided by the company show analysts on average expect revenue to come in £1.03bn for the six months ended in September.

Comparable retail sales are expected to be flat, while adjusted operating profit is anticipated to come in at £12m.

Shares in the company are up 18% year-to-date but more recent gains helped see the company re-join the FTSE 100 (^FTSE) in September.

However, the stock is still trading well below the record highs it reached in April 2023, which Hunter said reflects "that the focus on the group’s recovery remains of paramount importance".

LSE - Delayed Quote•USD

(BRBY.L)

追蹤 View Quote Details

1,155.50

-14.00

(-1.20%)

As of 2:25:00 PM GMT. Market Open. Advanced Chart

Rolls-Royce (RR.L) – Releases third quarter trading statement on Thursday 13 November

Shares in Rolls-Royce (RR.L) are up nearly 98% so far this year, as strong performance and government pledges to invest more money in defence have boosted stocks in the sector.

Rolls-Royce (RR.L) shares jumped on the back of its half-year results, in which the company reported a 50% rise in underlying operating profit of £1.76bn compared to the same period last year.

Underlying revenue of £9.06bn was also much higher than the £8.18bn reported in the first half of 2024.

Stocks: Create your watchlist and portfolio

In addition, the company raised its guidance for the year, saying it expected underlying operating profit to be between £3.1bn and £3.2bn.

Aarin Chiekrie, equity analyst at Hargreaves Lansdown, said that the company's "stellar first-half performance ... showcased strong growth across all divisions".

"The continued recovery in global air travel has been a major tailwind for the civil aerospace division, while heightened geopolitical tensions and increased government spending are supporting steady demand in defence and power systems," he said.

As for the outlook for the company's performance, Chiekrie said that market forecasts point to full-year underlying revenue growth of around 11% to £19.5bn, while underlying operating profits are anticipated to grow 32% to £3.3bn.

LSE - Delayed Quote•USD

(RR.L)

追蹤 View Quote Details

1,125.25

-6.25

(-0.55%)

As of 2:25:49 PM GMT. Market Open. Advanced Chart

Other companies reporting next week include:

Monday 10 November

Kainos (KNOS.L)

RHI Magnesita (RHIM.L)

TSMC (TSM, 2330.TW)

Mediobanca (MB.MI)

Coreweave (CRWV)

Barrick Mining (B)

Paramount Skydance (PSKY)

Rigetti Computing (RGTI)

Interpublic (IPG)

Tower Semiconductor (TSEM)

Tuesday 11 November

Vodafone (VOD.L)

Avon Technologies (AVON.L)

DCC (DCC.L)

Oxford Instruments (OXIG.L)

Dialight (DIA.L)

Softbank (9434.T)

Sony (6758.T)

Sea (SE)

MunichRe (MUV2.DE)

United Internet (UTDI.DE)

Nebius (NBIS)

Oklo (OKLO)

Carlyle (CG)

Amdocs (DOX)

Wednesday 12 November

SSE (SSE.L)

Experian (EXPN.L)

ICG (ICG.L)

Volex (VLX.L)

Motorpoint (MOTR.L)

Fuller Smith & Turner (FSTA.L)

Taylor Wimpey (TW.L)

Bridgestone (5108.T)

Hon Hai Precision (2317.TW)

Singapore Telecom (Z74.SI)

Tencent Music (TME)

Infineon Technologies (IFX.DE)

E.On (EOAN.DE)

RWE (RWE.DE)

Bayer (BAYN.DE)

ABN Amro (ABN.AS)

Fincantieri (FCT.MI)

Flutter Entertainment (FLUT)

AngloGold Ashanti (AU)

Thursday 13 November

United Utilities (UU.L)

3i (III.L)

QinetiQ (QQ.L)

B&M European Value Retail (BME.L)

Premier Foods (PFD.L)

Aviva (AV.L)

Pershing Square (PSH.L)

Endeavour Mining (EDV.L)

Spirax (SPX.L)

Convatec (CTEC.L)

Persimmon (PSN.L)

Rakuten (4755.T)

Tencent (0700.HK)

JD.com (9618.HK)

Siemens (ENR.DE)

Deutsche TelekomEnel (DTE.DE)

Merck KGaA (MRK.DE)

Generali (G.MI)

Hapag-Lloyd (HLAG.DE)

Aegon (AGN.AS)

Alstom (ALO.PA)

Delivery Hero (DHER.DE)

Wienerberger (WIE.VI)

Applied Materials (AMAT)

Palo Alto Networks (PANW)

Brookfield (BN)

Nu (NU)

Bilibili (BLBLF)

Friday 14 November

Land Securities (LAND.L)

Mitsubishi UFJ (8306.T)

Mizuho Financial (8411.T)

Japan Post (7181.T)

SMIC (0981.HK)

Allianz (ALV.DE)

Swiss Re (SREN.SW)

Sonova (SOON.SW)

Vallourec (VK.PA)

You can read Yahoo Finance's full calendar here.

Read more:

Bitcoin price rises back above $100,000 after positive jobs data Rachel Reeves lays the ground for raising taxes in pre-budget speech UK inflation to hit Bank of England's 2% target in 2026, NIESR forecasts

Download the Yahoo Finance app, available for Apple and Android.

查看留言