Micron's stock surged over 10% after Bernstein analyst Mark Li raised his price target to $330, citing strong Q1 earnings with record revenue and margins, and optimistic forecasts for rising DRAM prices throughout 2026 driven by AI demand and data center growth.
Micron's shares surged after a strong Q1 earnings report and a raised price target of $500 by Rosenblatt Securities, driven by increased pricing, lower costs, and robust demand for memory chips, especially in AI and data centers, with analysts optimistic about long-term growth.
Microsoft's Q1 earnings exceeded expectations with $4.13 per share and $77.67 billion in revenue, driven by strong cloud growth, especially in Azure, despite a $3.1 billion impact from OpenAI investments. Shares fell 3.2% post-earnings.
Microsoft stock (MSFT) has been upgraded to a buy rating by a top analyst ahead of the company's Q1 earnings report, indicating strong investor confidence and positive outlook for the company's upcoming financial results.
Nike's Q1 2026 earnings exceeded expectations, boosting its stock and prompting price target increases from several analysts. While some see signs of a successful turnaround, others remain cautious about sustained growth amid market fragmentation and mixed results across regions. Overall, Wall Street maintains a Moderate Buy rating with a potential upside of around 19%.
Nike's first-quarter results exceeded expectations, driven by strategic realignment of 8,000 employees into focused teams for Nike, Jordan, and Converse brands, and progress in key areas like sportswear and Nike China. Despite a 30.8% drop in net income, revenues increased slightly, and the company is optimistic about future growth, with ongoing initiatives to strengthen its market position.
Nike is set to report its Q1 FY26 earnings with expectations of a 61.4% decline in EPS and a 5.2% drop in revenue, amid strategic challenges and intense competition. Analysts have mixed views, with some emphasizing the importance of Nike's turnaround strategies and others cautioning about valuation and recovery risks. Options traders anticipate an 8.41% move in the stock post-earnings, and overall, Wall Street maintains a Moderate Buy rating with an average target price of $82.06, suggesting potential upside.
Top analysts at Barclays, Morgan Stanley, JPMorgan, and TD Cowen have raised their price targets for Oracle (ORCL) ahead of its Q1 FY26 earnings report, citing strong momentum in AI infrastructure and cloud services. Wall Street expects Oracle to report a 6.5% increase in EPS to $1.48 and revenue of $15.04 billion. The overall analyst consensus is a Moderate Buy with an average target of $258.43, suggesting a 7.4% upside.
C3.ai's stock price target has been reduced following a disappointing Q1 report and the withdrawal of its future guidance, prompting analyst reactions and concerns about the company's outlook.
C3.ai's stock dropped significantly after missing Q1 earnings expectations, and the company announced a new CEO, reflecting challenges in its financial performance and leadership transition.
Analysts have increased their price targets for Alibaba (BABA) following strong first-quarter earnings and significant growth in its cloud computing segment, reflecting confidence in the company's financial performance.
Alibaba's stock rose despite mixed Q1 results, driven by stronger-than-expected cloud growth and reports of developing a versatile AI chip to compete with Nvidia, amid broader market fluctuations and competitive pressures in China's tech sector.
GameStop reported a 16.9% decline in Q1 revenue to $732.4 million, missing analyst estimates, but its non-GAAP profit of $0.17 per share significantly beat expectations. Despite a profit beat, the company's sales decline and future revenue projections suggest challenging demand conditions for the retailer.
Dell reported mixed Q1 results with earnings below expectations but sales above estimates and issued an optimistic outlook for the current quarter and fiscal 2026, driven by strong demand for AI-optimized servers. Its stock rose after hours, while peer HP's stock declined due to tariff-related costs impacting earnings.
Salesforce's stock initially rose then fell 6.4% after reporting Q1 earnings that beat estimates, with revenue guidance for the upcoming quarter also surpassing expectations. The company slightly raised its fiscal 2026 revenue outlook despite decelerating growth in core cloud segments, partly offset by data cloud and AI tailwinds. Salesforce announced an $8 billion acquisition of Informatica to bolster its AI capabilities, though some analysts remain cautious about the deal's impact on margins and growth. Overall, Salesforce maintains a positive outlook with ongoing investments in AI and expansion into new markets.