TipRanks

Evercore ISI analyst Stephan Lingnau keeps an Outperform rating on Uber $UBER after the company announced a partnership with Rivian $RIVN to deploy up to 50,000 fully autonomous robotaxis exclusively on the Uber platform. Uber will invest up to $1.25B in Rivian through 2031, subject to autonomous vehicle performance milestones, with an initial $300M investment at signing, the analyst tells investors in a research note. Evercore continues to view Uber as the global leader in rideshare and one of the leaders in online delivery. The company increasingly looks like an "AV winner" as the Rivian investment "suggests sufficient capacity to support Uber's planned AV fleet scale-up," contends the firm. Uber looks like 'AV winner' with Rivian deal, says Erste Group

🚨🔼US Tiger upgraded Alibaba $BABA to Buy from Hold with a price target of $175, down from $180. The company's December quarter missed expectations on weaker than anticipated consumption trends and continued softness in transaction activity, the analyst tells investors in a research note. The firm says Alibaba laid out a plan to surpass $100B in AI plus cloud external revenue within five years, implying 40% annual growth. US Tiger believes the stock's valuation is turning attractive given Alibaba's strengthening AI momentum.

🚨New Street adds Nvidia $NVDA to best ideas list, sees shares doubling⚡️ New Street analyst Pierre Ferragu added Nvidia to the firm's best idea list for 2026, alongside $AMD and TSMC $TSM. The analyst believes the "lack of enthusiasm is misplaced" around Nvidia's guidance for $1 trillion in Blackwell and Rubin revenue from 2025 through 2027. New Street expects a "decent beat" this year from Nvidia and a "strong" beat next year. Nvidia is likely to be a $1 trillion run-rate business by the end of 2027, the analyst tells investors in a research note. This would would imply the company's revenues are two-times current consensus expectations at the end of 2027, according to New Street. "It all sounds like Nvidia could be a double bagger on the combination of earnings revision and the low multiple, opening the door to very efficient buybacks," the firm adds.

JPMorgan says the latest FOMC policy decision and statement "shaded a little bit hawkish" - the forecasts were revised to show more inflation this year and next, with little change in unemployment while Fed Chair Powell also underscored this in saying "if we don't see that progress [on inflation], then you won't see a rate cut." The Committee's median estimate of the neutral funds rate was also revised higher by an eighth to 3.125%, and this continues to be one reason that JPMorgan doesn't see any further rate cuts: policy doesn't appear to be that restrictive, Feroli writes. $QQQ $SPY

UPDATE: Cantor ups Micron's $MU price target to a street-high $700 from $450 and keeps an Overweight rating on the shares. Micron delivered another blowout, guiding May quarter EPS of $19.15 versus consensus of $12.03, driven by strong pricing across DRAM and NAND and AI now consuming 50% of total DRAM bits, with tight NAND supply and KVCache further supporting margins, the analyst tells investors in a research note.

@TipRanks Not true. Cantor $700

🚨New street-high price target on Micron $MU from Barclays after earnings report⚡️ Barclays analyst Tom O'Malley raised the firm's price target on Micron to $675 from $450 and keeps an Overweight rating on the shares following last night's earnings report. Micron guided revenue 42% above consensus with gross margins guided to 81%, the analyst tells investors in a research note. Barclays says this has "fundamentally changed" its model. The firm now estimates over $100 in earnings per share for Micron in 2027.

⚡️Citi analyst Asiya Merchant raised the firm's price target on SanDisk $SNDK to $875 from $750 and keeps a Buy rating on the shares following Micron's earnings report. Micron last night said NAND demand will exceed supply for the foreseeable future, the analyst tells investors in a research note. Citi recommends buying SanDisk on continued demand strength.

🚨Alibaba $BABA reports Q3 EPS 13c vs. 37c last year Reports Q3 revenue $40.73B vs. $38.38B last year. "This quarter, Alibaba maintained strong investments across our core pillars of AI and consumption. AI is and will continue to be one of our primary growth engines. Our Cloud Intelligence Group's revenue is up 36% with AI-related product revenue delivering triple-digit growth for the tenth consecutive quarter. Our Model-as-a-Service platform is showing strong growth, emerging as a new engine driving cloud business growth. On the consumer side, we have integrated use cases across our consumer ecosystem into Qwen app, which generated significant new users and transactions. Qwen's consumer interface surpassed 300 million monthly active users, as AI agents perform real-world task execution at scale. Looking ahead, we are well-positioned to drive growth on both enterprise AI and consumer AI fronts, powered by our full-stack AI capabilities spanning foundation models, cloud infrastructure, and proprietary chips, alongside deep integration with our broader ecosystem," said Eddie Wu, CEO of Alibaba Group.

⚡️Deutsche Bank raised the firm's price target on Micron $MU to $550 from $500 and keeps a Buy rating on the shares following the earnings report. Micron issued "another very strong outlook," the analyst tells investors in a research note. The firm says that despite the "stunning" earnings report, the stock sold off due to growing investor fears that we are already nearing the peak of this memory spending cycle. However, with DRAM and NAND bit demand set to grow well above historical levels, Deutsche believes the cycle peak fears are "immature." It sees a path to more resilient margins for Micron "for years to come."

🚨Clear Street analyst Greg Pendy initiated coverage of Rocket Lab $RKLB with a Buy rating and $88 price target. The firm says Rocket's three growth drivers, medium-lift Neutron, small-lift leadership, and Space Systems segment which is increasingly securing prime contracts, reinforce its positioning as a leading integrated space operator. Clear Street sees these growth drivers leading to 35% annual revenue growth for Rocket Lab though 2030.

🚨🔼UBS upgraded Nu Holdings $NU to Buy from Neutral with a price target of $17.60, up from $17.20. The stock's current valuation is attractive given Nu's earnings growth expectations, the analyst tells investors in a research note. The firm says the shares are trading at the same valuation levels as in 2023 despite the company's earnings doubling since then. UBS expects Nu to continue reporting growth, driven by the ongoing acceleration of its loan portfolio.

⚡️Raymond James analyst Simon Leopold raised the firm's price target on Nvidia $NVDA to $323 from $291 and keeps a Strong Buy rating on the shares. The firm increased the company's estimates to reflect management's updated outlook for $1 trillion of cumulative graphic processing unit sales through 2027. This could prove conservative, the analyst tells investors in a research note. Raymond James is "incrementally encouraged" that its thesis around inference as a catalyst is playing out, and may even be slightly ahead of schedule.

🚨Wells Fargo initiated coverage of SoFi Technologies $SOFI with an Equal Weight rating and $19 price target. The company is a "digital leader sitting at the nexus" of technology and financial services, the analyst tells investors in a research note. Wells says that while SoFI has "strong" earnings growth, its neutral rating reflects the stock's valuation and the company's loan sale risk.

⚡️Citi analyst Michael Ward initiated coverage of Lucid Group $LCID with a Buy rating and $17 price target. The firm believes Lucid has reached a "positive inflection point." The company launched Gravity in Q4 of 2025, is on track to begin Cosmos production in Q of 2026, and its Uber robotaxi agreement is expected to begin commercial operations by year-end, the analyst tells investors in a research note.

⚡️Rosenblatt analyst Kevin Cassidy raised the firm's price target on Nvidia $NVDA to $325 from $300 and keeps a Buy rating on the shares following management's meeting with financial analysts. Rosenblatt updated Nvidia's model to reflect its guidance for $1 trillion in Blackwell and Rubin revenue from 2025 through 2027. The firm included an additional $25B for Groq language processing unit, Vera standalone and Rubin Ultra revenue in the second half of fiscal 2028. The analyst is "convinced" that as the AI market accelerates growth with inference stage applications, Nvidia-based platforms will continue to lead the industry.

⚡️UBS 5-star analyst raised the firm's price target on Palantir $PLTR to $200 from $180 and keeps a Buy rating on the shares.

⚡️Bernstein analyst Mark Li raised the firm's price target on Micron $MU to $510 from $330 and keeps an Outperform rating on the shares. The global memory price increases are more than expected in Q2, the analyst tells investors in a research note.

🚨🔼Truist upgraded Block $XYZ to Buy from Hold with a price target of $77, up from $72, following the company's recent announcement of a 40% reduction in its workforce. The firm is shifting its tone to become more positive as it sees mid-to-high single digit upside to the Street's out-year EPS forecasts coming from Cash App gross profit upside, better than expected margin expansion and buybacks, the analyst tells investors.

Samsung and $AMD signed an MoU to expand collaboration on next-gen AI memory and computing. Samsung will supply HBM4 and advanced DRAM for AMD’s Instinct GPUs and EPYC CPUs, while also exploring foundry partnerships to support future AI-focused chip development.