Top Wall Street analysts like these 3 stocks for their long-term prospects
Wall Street analysts recommend 3 stocks for long-term prospects.
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top wall street analysts are pointing to three stocks with long-term potential, per tipranks. seagate technology, marvell technology, and amazon all got buy ratings and price target hikes this week.
seagate beat estimates for its fiscal q3 2026, driven by ai demand for storage. td cowen's krish sankar raised his price target to $850 from $500, calling it a "flawless quarter." he noted seagate's q4 eps outlook of $5 beat street expectations by 25%. sankar now sees a conservative 2027 eps of $34, with potential upside to the high-$30s based on 60% gross margins and 9% asp growth.
marvell is set to benefit from amazon and anthropic's $100 billion+ deal. rbc's srini pajjuri raised his target to $170 from $115, seeing marvell as a major beneficiary as it supplies trainium chips, ethernet switches, and optical processors to aws. he estimates marvell will capture at least 50% of a $2.5-3 billion per gigawatt xpu market, projecting $1.6 billion in custom silicon revenue from aws in 2026.
amazon itself reported q1 results that beat estimates, with aws revenue growing 20% year-over-year — its fastest in three years. td cowen's john blackledge raised his target to $350 from $300, noting aws revenue growth accelerated to over 28% driven by ramping chips and bedrock. the aws backlog hit $364 billion, up 98% year-over-year.
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