3 Stocks to Watch Next Week

3 stocks to watch next week have been determined. Those shares were shares of Coinbase, Disney and PayPal. Here are the details..

1. Coinbase Global

The largest US crypto exchange Coinbase (NASDAQ:COIN) will announce its third-quarter results after the market close on Tuesday, November 9th. Analysts' average expectation was $1.73 per share, with sales of $1.57 billion. There has been a serious influx into Bitcoin and Ethereum when two exchange-traded funds—ProShares Bitcoin Strategy ETF (NYSE:BITO) and Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF)—that track Bitcoin futures began trading last month. The introduction of ETFs has opened the door to greater Wall Street acceptance of the crypto asset class and paved the way for new applications for similar stock market products. Coinbase stock, which has risen almost 40% in the past month, closed Friday at $337.05.

2. Walt Disney Company

Disney (NYSE:DIS) will announce its fiscal 2021 fourth quarter results on Wednesday, November 10, after the market close. Analysts expect the company to report a profit of $0.52 per share, with revenue of $18.8 billion. Disney, which has had some problems reaching its full growth potential after the epidemic, has performed below the general market this year. CEO Bob Chapek said in September that the company would gain a lower number of new Disney+ users than analysts had expected in the fiscal 2021 fourth quarter, which wraps up on October 3. Disney stock has tumbled more than 6% this year, lagging far behind its closest competitor, Netflix (NASDAQ:NFLX), which has gained 19% over the same period. DIS shares closed Friday at $175.63.

3. PayPal Holdings

Payment processing giant PayPal (NASDAQ:PYPL) will announce its third-quarter results on Monday, November 8, after the market close. Analysts' average expectation was $1.07 earnings per share, with sales of $6.23 billion. CEO Dan Schulman has previously warned that the final quarter will be tough due to PayPal's recent separation from eBay (NASDAQ:EBAY). Ever since the two companies decided to end their long-term partnership in 2018, PayPal has been battling the loss of its former parent company, eBay. PayPal shares closed Friday at $225.78 after losing nearly 20% in the past three months.         Source: Investing.com