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US Stock Analysis and Analyst Forecasts — October 26, 2026

Anthropic's IPO filing sparked a tech rally that lifted the S&P 500 about 0.7% and the Nasdaq 100 about 1.1%, while Meta's planned $95 billion share sale weighed on communication services and Celestica jumped after hours on a strong outlook.

None of the following is our own view on any stock — it is a same-day record of market action, analyst-firm calls and company news across the tracked universe on Monday, October 26, 2026.

Technology shares lifted the market to start the week after Anthropic, the developer of the Claude AI models, filed its S-1 prospectus to go public. The S&P 500 rose about 0.7% to 7,677.33, the Nasdaq 100 gained about 1.1% to 29,273.40 and the Dow Jones Industrial Average added about 0.3% to 52,361.58. The filing showed revenue of $80.3 billion for the first half of 2026, against $16.3 billion a year earlier, and the company is expected to start trading under the symbol ANT during the week of November 16. Brent crude eased about 1.1% to roughly $115 a barrel after President Trump held off on new strikes against Iran over the weekend, although he did not rule them out. The 10-year Treasury yield was essentially flat at 4.98%, while the 30-year slipped about 1.4 basis points to 5.30%.

Information technology was the strongest S&P 500 sector with a gain of about 1.5%, led by semiconductor and optical-networking stocks such as Lumentum and Coherent, both outside our tracked universe. Communication services was the weakest, down about 1.4%. Verizon (VZ) closed lower after reporting quarterly results, amid worries about new wireless competition from SpaceX. Meta Platforms (META) also weighed on the group after announcing plans to raise up to $95 billion through a share sale to fund its AI build-out; separately, it began testing a new Instagram format called Features with selected U.S. creators, allowing videos of up to 90 minutes in a push against TikTok and YouTube. Meta's consensus is Strong Buy from 38 Buy and six Hold ratings, with an average target of $852.31.

The prospectus also showed how much Anthropic leans on the cloud giants it competes with: 48% of its first-half revenue came through marketplaces run by Alphabet's Google (GOOGL), Amazon (AMZN) and Microsoft (MSFT), up from 11% in 2023, and it has committed to spend at least $269.4 billion with the three over the coming years, including $114.5 billion with Google through 2033 and $110 billion with Amazon through 2036. The company reported second-quarter revenue of $11.6 billion and operating profit of $974 million. Amazon, which has invested about $18 billion in Anthropic, carries a Strong Buy consensus from 42 Buy and two Hold ratings, with an average target of $331.54. Ahead of Microsoft's results on October 28, BNP Paribas said its channel checks pointed to strong demand for Azure and Copilot and set a $604 target on the stock.

Among other analyst actions, Fair Isaac, which is outside our tracked universe, fell sharply after Mizuho cut its price target to $986 from $1,063 and BMO Capital cut its target to $897 from $1,150, while the head of the Federal Housing Finance Agency said the agency would act this week on competition in credit scoring. CoreWeave, also untracked, rose about 4% to around $57 despite Elon Musk warning that many smaller AI cloud providers could fail or be forced to merge; Cantor Fitzgerald kept a Buy rating and a $176 target, while Raymond James kept a Buy rating but cut its target to $75 from $125. Instacart owner Maplebear, untracked, climbed about 8% to roughly $61 on a report that DoorDash, also untracked, is in final-stage talks to buy it, with Uber Technologies (UBER) said to be out of the running; Citi reiterated a Buy rating and a $58 target. Tesla (TSLA) rose to a three-month high on growing speculation about a combination with SpaceX.

After the close, Celestica, which is outside our tracked universe, jumped about 10% in extended trading after third-quarter revenue of $5.83 billion and adjusted earnings of $3.30 a share beat forecasts of $5.44 billion and $2.99. The company raised its 2026 revenue outlook to $21 billion from $20.5 billion and guided to about $40 billion in 2027, though it lowered its 2026 free-cash-flow forecast to $460 million from $600 million. Elsewhere among the day's biggest movers, Valmont Industries rose about 19.5% and Frontdoor and Morningstar fell about 20% and 17%, respectively; all three are untracked.

Earnings season continues on Tuesday, October 27, with results from Robinhood Markets (HOOD), Visa (V) and SoFi Technologies, which is outside our tracked universe. Microsoft reports on October 28, the same day as the Federal Reserve's rate decision, followed by Alphabet and Amazon later in the week. Eli Lilly (LLY) reports on October 29: Goldman Sachs (GS) raised its target to $1,413 from $1,371 and Bank of America (BAC) lifted its target to $1,397, both with Buy ratings, and the stock carries a Strong Buy consensus from 20 Buy, two Hold and one Sell rating, with an average target of $1,370.95.

As always: a price target is one firm's estimate rather than a forecast of what a stock will do, a single upgrade or downgrade can differ sharply from the consensus, and none of this is a recommendation to buy or sell anything.

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Published 2026-10-26. Market commentary, not investment advice. Prices are delayed end-of-day data.