Wedbush Sees Durable Earnings Path From Sandisk's Long-Term Targets
Wedbush analysts say SanDisk's long-term targets signal durable earnings power, a view that helped lift the stock as investors weigh the company's growth trajectory.
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SanDisk's Long-Term Targets Signal Hidden Earnings Power, Wedbush Says
Wedbush argues SanDisk's long-term targets imply earnings power that may exceed current fiscal 2028 forecasts, suggesting the outlook could be understated.
Micron Gets AI-Driven Upside as Wedbush Lifts Target to $1,300
Wedbush boosted Micron's price target to $1,300 from $500, saying AI-driven memory demand remains stronger than expected and should persist into 2027–2028; the firm maintained an Outperform rating and argued oversupply is unlikely over the next 18 months, with Micron's June 24 earnings likely to test whether AI demand can support higher estimates.
Netflix gets a price target lift on ad momentum ahead of Q1 earnings
Wedbush raised its Netflix price target to $118 from $115 and kept a Buy rating, citing strong global ad growth and the profit boost from recent price hikes ahead of Netflix’s Q1 2026 results, where EPS is expected around $0.79 and revenue about $12.18 billion; investors will be watching ad momentum, subscriber growth, and engagement signals amid European price resistance and ongoing challenges.
Palantir Falls as Anthropic Fears Spark AI Selloff, Trump Throws Support
Palantir Technologies' shares slid about 7% on Thursday, extending roughly a 37% drop from their November peak as fears about Anthropic's Mythos AI roil the sector. Wedbush argues the concerns are overstated, pointing to Palantir’s Ontology data architecture and expanding deals across commercial and government work. Trump publicly endorsed Palantir on Truth Social, but the stock’s weakness underscores how AI hype is weighing on software names, even those with a strong data moat.
Palantir Slips on Anthropic Fears as Trump Voices Support
Palantir Technologies’ stock fell more than 7% on Thursday, extending a 37% retreat from its November high as fears about Anthropic’s Mythos AI weigh on the software sector; Wedbush characterized the worries as overblown, highlighting Palantir’s data-mapping Ontology and growing deals, while President Trump publicly offered supportive comments, underscoring the stock’s prominent AI narrative.
Wedbush: Apple's AI push could power 2026 rally despite sell-off
Wedbush argues Apple's recent stock decline is unwarranted as the company aims to monetize AI in 2026 through Siri AI, iOS updates, and a broader AI platform, with potential upside of about $75-$100 per share as the technology rolls out; optimism is supported by a Google deal and stronger leadership urgency.
Warsh-Driven Fed Could Spark Fresh Market Volatility, Wedbush Warns
Wedbush argues that a Warsh-led Federal Reserve could end the central bank's liquidity backstop, potentially increasing equity volatility and downside risk while benefiting Treasuries and the dollar; risk assets and precious metals could face headwinds.
Wedbush and Wall Street Highlight Top 5 AI Stocks for 2026 Beyond Nvidia
Wedbush has identified its top 5 AI stocks to watch for 2026 that are not Nvidia, highlighting alternative investment opportunities in the AI sector.
Autonomous Vehicles Shake Up Ridesharing and Family Secrets Unfold
Wedbush advises investors to stay away from Lyft due to the disruptive impact of autonomous vehicles on the ridesharing market.
Trade Desk Stock Plummets Amid Competitive and Amazon-Related Concerns
The Trade Desk reported strong Q2 revenue but faced a downgrade from Wedbush due to rising competition from Amazon's DSP, which is impacting its market position and growth prospects, leading to a significant stock decline and revised forecasts.
Apple's Upcoming Earnings: Key Highlights and Market Expectations
Wedbush maintains a positive outlook on Apple, expecting the company to report strong headline numbers in its upcoming fiscal fourth quarter, with particular attention on the iPhone 17.
Microsoft Maintains Outperform Rating Amid Strong Q4 and AI Growth
Wedbush maintains an Outperform rating and a $600 price target on Microsoft stock ahead of its Q4 fiscal year 2025 results, expecting positive news from the company led by Nadella.
Tesla's Robotaxi Launch Poised to Boost Market Cap to $2 Trillion
Tesla is launching its robotaxi service in Austin, marking a significant milestone in autonomous driving, which Wedbush believes could add up to $1 trillion to Tesla's valuation and potentially lead to a $2 trillion market cap by 2026, with regulatory support and full-scale production of the Cybercab expected soon.
Trump's EV Tax Credit Changes Could Boost Tesla's Market Position
The potential removal of the $7,500 electric vehicle tax credit by the Trump administration could bolster Tesla's market dominance, according to Wedbush analyst Dan Ives. While the loss of the credit may challenge other automakers like GM, Ford, and startups like Rivian, Tesla's competitive pricing and market position may allow it to maintain sales and fend off competition. The change could slow Detroit's shift to EVs, but Tesla's influence in the White House might lead to new incentives benefiting the EV sector.