Stocks to watch · picked from the news before the open

Stocks That Could Go Up on Thursday, October 22, 2026

Lockheed Martin, Allegion, Spotify and 3 more stocks with news that could lift them today

Published 9:19 AM ET · measured from the 9:30 AM open · Results final · Stable Income Strategy

Which stocks went up on October 22, 2026?

Lockheed Martin, Allegion and Spotify lead today's list. Lockheed beat estimates and raised its 2026 outlook again on a record $292 billion backlog, Allegion beat and raised (+5.4% pre-market), and Spotify guided fourth-quarter revenue to €5.2 billion. The backdrop is weak: S&P 500 futures fell about 1% early on a chip sell-off, while higher oil lifts energy.

3 of 6 picks rose at least to their target from the 9:30 AM open; the best, Lockheed Martin (LMT), gained as much as 4.92% (high at 9:39 AM ET). The S&P 500 ETF rose as much as 0.17% over the same time.

Stocks picked from the news
6
Reached their target
3 of 6
Best rise to the high: LMT
+4.92%
S&P 500 ETF over the same time (to its high)
+0.17%

01

The list at a glance

Final results (after the close).

Stocks that could go up on October 22, 2026, their targets and how far they rose
#StockCatalystTargetTo the highTo the closeResult
1LMT Lockheed MartinEarnings+1.5%57% confidence+4.92%at 9:39 AM+1.79% Reached
2ALLE AllegionEarnings+1.5%55% confidence+4.08%at 3:55 PM+3.84% Reached
3SPOT Spotify TechnologyGuidance+2%52% confidence+4.92%at 9:33 AM+3.99% Reached
4OXY Occidental PetroleumSector+1.5%50% confidence+0.25%at 9:30 AM−1.42% Missed
5APA APA CorporationSector+2%48% confidence+0.48%at 9:30 AM−0.88% Missed
6AVEX AevexContract+3%45% confidence+2.10%at 9:35 AM0.00% Missed

Target: the expected rise from the open to the day’s high; confidence: the chance we gave it of getting there. “To the high” and “to the close” are counted from the 9:30 AM opening price.

02

Why each stock could go up

At 8:05 AM ET S&P 500 futures were down about 1%, Nasdaq futures down 1.6% and Dow futures down 0.6% after chip makers Tokyo Electron and SK Hynix fell about 6% overnight, while oil climbed on renewed geopolitical fears. A weak open favors stocks with their own news, defense and energy, but it lowers the odds for every pick.

  1. 1

    Lockheed Martin (LMT)

    Industrials (aerospace and defense) · +1% pre-market to $557.02 (other reports up to 3%)

    +1.5% target

    57% confidence

    EarningsLockheed Martin beats Q3 estimates, raises 2026 EPS and free cash flow outlook, record $292 billion backlog — MoneyCheck

    Third-quarter EPS of $7.97 beat the $7.52 estimate and sales rose 11% to $20.7 billion against $20.5 billion expected. Lockheed raised 2026 EPS guidance to $30.35–$30.75 from $29.95–$30.65 and free cash flow guidance to $7.8–$8.0 billion from $7.0–$7.2 billion, its second raise in a row, and backlog hit a record $292.0 billion including a $52.5 billion PAC-3 award. Defense stocks also tend to hold up when geopolitical fears hit the market.

    Risk: A 1% drop in S&P 500 futures could drag even defensive names below the open.

    From $579.51 at 9:30 AM:high +4.92% at 9:39 AMclose +1.79%day +6.96% Reached +1.5%
  2. 2

    Allegion (ALLE)

    Industrials (security products) · +5.4% pre-market to $167.61 from a $159.00 close

    +1.5% target

    55% confidence

    EarningsAllegion tops Q3 2026 estimates and raises its full-year outlook; shares jump pre-market — Investing.com

    Adjusted EPS of $2.60 beat the $2.50 consensus and revenue of $1.17 billion beat $1.14 billion, up 9.6% reported and 7.2% organic, led by Americas non-residential demand. The company raised 2026 adjusted EPS guidance to $9.05–$9.10 and now expects reported revenue growth of 9.5%–10.5%. A beat with raised guidance is the strongest same-day driver, so we estimate buyers keep coming after the open.

    Risk: After a 5% gap, profit-taking in a falling market could cap the stock near its opening price.

    From $170.00 at 9:30 AM:high +4.08% at 3:55 PMclose +3.84%day +11.02% Reached +1.5%
  3. 3

    Spotify Technology (SPOT)

    Communication services · +5% pre-market

    +2% target

    52% confidence

    GuidanceSpotify gains on fourth-quarter revenue guidance above analyst expectations; monthly users up 11% to 788 million — CNBC

    Spotify guided fourth-quarter revenue to €5.2 billion, operating income to €820 million and gross margin to 33.8%, with monthly users rising to 818 million and subscribers to 316 million, a step up from third-quarter revenue of €4.97 billion and operating income of €672 million. Third-quarter users rose 11% to 788 million and subscribers reached 306 million, one million above guidance. Guidance above estimates resets forecasts higher, which tends to keep buyers in through the day.

    Risk: Nasdaq futures down 1.6% on a chip sell-off could pull growth stocks lower and erase part of the gap.

    From $561.29 at 9:30 AM:high +4.92% at 9:33 AMclose +3.99%day +11.10% Reached +2%
  4. 4

    Occidental Petroleum (OXY)

    Energy · Energy stocks higher pre-market as oil climbs; no OXY-specific figure confirmed

    +1.5% target

    50% confidence

    SectorEnergy stocks rise as oil prices climb on renewed geopolitical fears — CNBC

    Oil climbed overnight on renewed geopolitical fears and energy stocks rose broadly before the bell. Occidental is one of the large U.S. producers most sensitive to crude, so it tends to move more than the integrated majors when oil jumps. Energy is also one of the few groups likely to rise on a day when S&P 500 futures are down about 1%.

    Risk: If the geopolitical worry eases during the day, oil and producer stocks could give back the move quickly.

    From $63.40 at 9:30 AM:high +0.25% at 9:30 AMclose −1.42%day −0.32% Missed +1.5%
  5. 5

    APA Corporation (APA)

    Energy · Energy stocks higher pre-market as oil climbs; no APA-specific figure confirmed

    +2% target

    48% confidence

    SectorEnergy stocks rise as oil prices climb on renewed geopolitical fears — CNBC

    APA is a smaller, higher-beta oil and gas producer, so a jump in crude on geopolitical fears usually lifts it more than the sector in percentage terms. Energy stocks rose broadly before the bell while the rest of the market sold off. We estimate a 2% rise from the open is reachable if crude holds its gains.

    Risk: A reversal in oil would hit high-beta producers like APA hardest.

    From $49.88 at 9:30 AM:high +0.48% at 9:30 AMclose −0.88%day −0.38% Missed +2%
  6. 6

    Aevex (AVEX)

    Industrials (defense drones) · +11% pre-market

    +3% target

    45% confidence

    ContractAevex disputes Bloomberg report that the Navy would stop buying its GARC boat drone, says no orders have been halted — CNBC

    Aevex rose more than 11% before the bell after the company said no Navy orders for its GARC drone boat had been halted, pushing back on a Bloomberg report. GARC is built by BlackSea Technologies, which Aevex agreed in August to buy for up to $650 million, so the Navy program matters to the deal. Recently listed stocks that rebound on a denial tend to swing widely, which raises the chance of a 3% high above the open.

    Risk: Already up 11% before the open, the bounce could fade if the Navy does not confirm the company's account.

    From $10.96 at 9:30 AM:high +2.10% at 9:35 AMclose 0.00%day +13.22% Missed +3%

03

Questions

What stocks will go up today?

Our picks for Thursday, October 22, 2026 are led by Lockheed Martin, Allegion and Spotify. Lockheed beat estimates and raised its 2026 outlook on a record $292 billion backlog, Allegion beat and raised its guidance and was up 5.4% pre-market, and Spotify guided fourth-quarter revenue to €5.2 billion. Occidental Petroleum, APA and Aevex complete the list. Futures pointed to a weak open, which lowers the odds for all picks.

Which stocks are moving on earnings today?

Before the bell on October 22, 2026, Allegion rose 5.4% after beating estimates and raising its 2026 outlook, Spotify gained about 5% on fourth-quarter guidance above estimates, and Lockheed Martin rose 1% to 3% after a beat and a guidance raise. IBM fell about 5% despite an earnings beat, Tesla slipped about 3% and Rollins fell more than 5% after missing estimates.

Why is Lockheed Martin stock up today?

Lockheed Martin reported third-quarter EPS of $7.97 against an estimate of $7.52 and sales of $20.7 billion, up 11%. It raised its 2026 EPS outlook to $30.35–$30.75 and its free cash flow outlook to $7.8–$8.0 billion, the second raise in a row, and its backlog reached a record $292.0 billion. Shares rose about 1% to 3% before the open on October 22, 2026.

Why are energy stocks up today?

Oil prices climbed on renewed geopolitical fears into Thursday, October 22, 2026, and energy stocks rose broadly before the bell while S&P 500 futures fell about 1%. Producers most sensitive to crude, such as Occidental Petroleum and APA, tend to gain the most when oil jumps, but the move can reverse quickly if the geopolitical worry eases.

Are stock futures up or down this morning?

Down. At 8:05 AM ET on Thursday, October 22, 2026, S&P 500 futures were down about 1%, Nasdaq futures down 1.6% and Dow futures down 0.6%, after chip makers Tokyo Electron and SK Hynix fell about 6% in Asia. Weekly jobless claims were due at 8:30 AM ET, and the stock market opens at 9:30 AM ET and closes at 4:00 PM ET.

04

Sources

05

How the stocks are picked and scored

  • Every trading day at 9:00 AM ET, before the 9:30 AM open, we read last night’s and the morning’s company news — earnings and guidance, analyst upgrades, deals and contracts, product and regulatory news, index changes — and pick the 6–10 liquid US stocks most likely to rise that day.
  • Each pick gets a target (the expected rise from the open to the day’s high) and a confidence (the chance of getting there), and we weigh the size of the surprise, the pre-market move and the market’s mood. Stocks under $5, thinly traded ones, and targets of cash takeovers are left out.
  • Each list is measured from the moment it could be acted on: the 9:30 AM opening price, or the minute it went public if that was later. “To the high” is the rise from there to the session’s highest price; “to the close”, to the closing price. A pick reaches its target when its rise to the high is at least the target.
  • The S&P 500 ETF (SPY) over the same minutes is shown as the bar to beat. Results are live while the market trades and final after the close; every past list stays online with its results.

Not investment advice

These are forecasts made from public news and prices, published for education and to keep an honest record of how such calls turn out. They are not recommendations to buy or sell anything, and a call that worked before can fail the next day. Decide with your own judgment, or with a licensed adviser.