Here are Friday's biggest analyst calls: Nvidia, SpaceX, Apple, Amazon, Coinbase, Reddit, Arm, Roblox & more
Here are the biggest calls on Wall Street on Friday: Wells Fargo reiterates Nvidia as overweight Wells says it’s sticking with the stock. “With NVDA shares continuing to lag, ahead of F2Q27 results (8/26) we thought we would outline some key topics that we think could make NVDA shares work again. Increase estimates; reiterate $315 PT.” Citigroup initiates BBB Foods at buy Citi says the LatAm food company is a compounder. “We initiate coverage of Tiendas 3B with a Buy rating and US$49/sh TP placing it among the Top Pick in Latam Consumer. Tiendas has already demonstrated that its hard-discount model can scale successfully across Mexico, we see the company now entering its most attractive phase.” Roth initiates Sky Harbour at buy Roth says the company has a first mover advantage. “SKYH is building the first nationwide network of premium home-basing hangar campuses for business aircraft, addressing a chronic supply-demand imbalance in U.S. aviation infrastructure.” Deutsche Bank downgrades Roblox to hold from buy The firm says the transition “will take time” following earnings. “Roblox reported a disappointing 3Q26 outlook that materially reduces near-term visibility and reinforces our view that the company’s platform transition will take time to translate into financial outperformance.” BMO upgrades Nextpower to outperform from market perform BMO says the energy technology has plenty of upside. “We are upgrading NXT to Outperform as valuation has materially reset despite meaningful strategic progress, including recent acquisitions that appear to expand share-of-wallet opportunities across storage, power conversion, eBOS, [electrical balance-of-system] foundations and structures.” Baird initiates Heartflow at outperform Baird says the coronary care company has more room to run. ” HTFL is playing a key role in driving a paradigm shift away from traditional non-invasive testing and toward more informative, personalized coronary artery disease diagnoses.” Deutsche Bank upgrades International Paper to buy from hold Deutsche sees a compelling risk/reward. “We are upgrading International Paper to BUY from HOLD and raising our price target to $50 from $39.” Macquarie reiterates SpaceX as outperform Macquarie says it’s sticking with the stock ahead of its first earnings report next week. “Ahead of SPCX’s print Aug. 4, we see mgmt comments on AI progress, Starlink momentum, and launch execution as key for investors.” Morgan Stanley reiterates Apple as overweight The bank says it’s sticking with Apple shares following earnings. “Product demand remains robust, but supply constraints are limiting Sept Q growth, memory inflation pre-iPhone price hikes is causing more pronounced margin pressure, and Services is decelerating. With shares near all-time highs, we’d expect some softness until new catalysts are nearer.” Read more. Morgan Stanley reiterates Amazon as overweight Morgan Stanley says Amazon shares have more room to run following earnings. “AWS delivered accelerating growth, surging profitability and a better backlog to give the market even more confidence in ROIC ahead. Retail was generally in-line but signal on grocery, robotics and agentic are all building.” Read more. Bernstein reiterates Coinbase as outperform Bernstein says it’s concerned about the company’s execution but that it’s sticking with the stock. “Coinbase missed Q2 expectations on both topline (6% below consensus) and adj. EBITDA.” Stifel upgrades Saia to buy from hold Stifel upgraded the shipping company and says it likes its network strategy. ” Saia’s headline 2Q26 adjusted EPS of $3.51 beat our $3.34 and the Street’s $3.38 estimates. But there was noise in reported KPIs, given mix changes, network changes, and pricing strategy changes at the company, as well as the very dynamic market conditions.” Deutsche Bank reiterates Reddit as buy Deutsche says it’s sticking with Reddit despite a mixed earnings report. The firm did lower its price target to $200 per share from $250. “Reddit delivered another very strong financial quarter, which we would frame as mixed, with near-term user disappointment, strong monetization validation, and increased fear around partnership renewals.” New Street upgrades Arm Holdings to buy from neutral The firm sees accelerating growth. “Buying opportunity. Arm could credibly exceed $10 in earnings in FY2031, with a strong diversified profile for further growth. We upgrade back to buy, $260 TP.” Cantor Fitzgerald initiates Duos Technologies at overweight Cantor says the software company is an “under the radar data center play.” “We are initiating coverage of Duos Technologies Group (DUOT ) with an OW rating and PT of $26.” Needham upgrades AXT to buy from hold Needham upgraded the material science company following earnings. ” AXT delivered another impressive print (like the 3Q25 print ) with revenue and EPS results/ guidance substantially exceeding their respective consensus estimates.”
