3 US Stocks to Watch This Week: Honeywell, Zscaler and SoFi

Three US stocks are drawing trader attention this week as a major corporate spinoff, fresh analyst upgrades, and a looming earnings report create distinct near-term setups.

Honeywell International (HON)

Honeywell will complete its long-awaited aerospace spinoff on June 29 — the company’s most significant restructuring in decades.

The leaner Honeywell now focuses on industrial automation, building automation, and energy sustainability, carrying a consensus analyst target of $246.67.

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Mizuho reaffirmed its Outperform rating following Honeywell’s Investor Day, where management guided for 4–6% organic growth and 60+ basis points of annual margin expansion. With the spinoff now complete, investors are watching for a valuation re-rating.

Zscaler (ZS)

Despite a punishing 41.6% year-to-date decline, the bull case for Zscaler is building. Guggenheim upgraded ZS to Buy with a $214 price target, calling it a “category leader in a hyper-growth market.”

A Jefferies CIO survey found 43% of enterprise buyers plan to increase ZS spending in 2026, up from 38% in December.

A new multi-year partnership with the Aston Martin Aramco Formula 1 team further demonstrates demand for its Zero Trust platform. The consensus analyst target of $192.58 implies 46% upside from current levels.

SoFi Technologies (SOFI)

SoFi’s Q2 2026 earnings — due late July — are the key near-term event. Q1 net revenue rose 43% year-on-year to a record $1.1 billion, net income doubled, and membership reached 14.7 million.

CEO Anthony Noto has bought shares multiple times in 2026, most recently at ~$18 on June 16 — a notable open-market conviction signal. SoFi also launched Composer, an AI-powered investing platform, adding a fresh growth lever ahead of earnings.