With the major indices rocketing higher on cooling trade tensions, inflation, hot earnings, and unstoppable AI momentum, analysts are still upgrading big tech names.
Nvidia (NASDAQ: NVDA): Loop Capital just reiterated its buy rating on the stock, with a price target of $350 a share, up from $250. The firm believes NVDA is about to begin a GPU ramp-up that could double its unit shipments over the next year.
Goldman Sachs reiterated its buy rating on NVDA with a price target of $240 from $210 ahead of earnings, as well. The firm believes investor expectations have increased heading into NVDA earnings thanks to multiple AI infrastructure announcements. The firm also believes NVDA will provide a beat and raise quarter.
Helping, Nvidia is up on news that Microsoft secured export licenses from the Trump Administration to ship NVDA chips to the United Arab Emirates.
Palantir (NASDAQ: PLTR): Analysts at Wedbush just reiterated an outperform rating on Palantir ahead of its earnings. The firm raised its price target on PLTR to $230 from $200. The firm believes PLTR is a core winner in the AI race, with the potential for a $1 trillion market cap. It also expects PLTR to show continued progress as the company expands its AI offerings with commercial and government customers.
Cisco (NASDAQ: CSCO): Analysts at UBS just upgraded Cisco to $88 a share from $74. The firm pointed to surging infrastructure demand as a tailwind for the stock. Strength in AI orders at hyperscalers could drive Cisco’s revenue growth for the fiscal year 2026 to around 6%, or $60 billion, added the firm.
Intuitive Machines (NASDAQ: LUNR): Analysts at Stifel initiated a buy rating on Intuitive Machines, noting its well-positioned in the race to go back to the moon. The firm has an out-of-this-world price target of $18, which is about 50% higher than current prices.
Tesla (NASDAQ: TSLA): Analysts at Deutsche Bank just reiterated a buy rating on Tesla ahead of a shareholder vote this week. The firm raised its price target by $30 to $470. Shareholders will vote on giving Elon Musk 425 million shares if he hits financial and operational milestones over the next decade. That reward would require Tesla to reach a market cap of about $8.5 trillion and $400 billion in annual EBITDA within the next decade.
