Here are Thursday's biggest analyst calls: Nvidia, Apple, Uber, Microsoft, Disney, CoreWeave, Alcoa & more
Here are Thursday’s biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy Goldman said it expects a “beat and raise” quarter ahead of earnings later this month. “We expect investors to focus on: (1) the magnitude of upside to Nvidia’s $ 1 trillion datacenter guidance at GTC; (2) potential upside from agentic AI to the server CPU business; (3) competitive dynamics; (4) gross margin outlook given rising input costs.” JPMorgan upgrades Freshpet to buy from hold JPMorgan said buy the dip in the pet food company following earnings on Wednesday. “We are upgrading the FRPT shares to Overweight from Neutral. The shares were down 9% yesterday (SPX +1%) following a 1Q26 sales beat and guidance increase.” Barclays reiterates Microsoft as overweight The bank said the Microsoft story “remains on track” following a series of investor meetings with the company. “We took away two points from our investor trip to MSFT. ( 1) Efficiency gains are a main focus for management and are having tangible benefits like better Azure growth. (2) Growing Copilot adoption will likely trigger a greater focus on a seat/ consumption pricing. Overall, the story remains on track.” Jefferies upgrades Agilon Health to buy from hold Jefferies said visibility is improving for the healthcare services company. “With supportive MA [Medicare advantage] rates locked in for ’26/’27 & payors likely still on a margin focused pricing path, the outlook for AGL has been improving.” Evercore ISI reiterates Apple as outperform Evercore said Apple’s supply chain is robust. ” AAPL’s supply chain playbook remains highly sophisticated, but the AI cycle has meaningfully reduced the relative leverage it historically carried with key suppliers. Still, incremental insourcing and AAPL’s sophisticated supply/demand planning leave it better positioned than many OEM peers. Maintaining our OP rating and $330 target.” Bank of America upgrades Scorpio Tankers to buy from underperform Bank of America said the “cash gen story is not over yet” for the tanker owner. “We raise our rating on STNG to Buy from Underperform on the sustainability of high rates and inventory replenishment needs, even as/if hostilities with Iran end. We expect rates to decline, yet remain at a historically elevated level for the next few quarters, generating significant free cash.” Read more. Wells Fargo reiterates Disney as a top pick Wells said the stock remains a top idea after earnings on Wednesday. “Our Top Pick thesis on DIS has been a new year w/ new mgmt for the self-help required to get the most out of the assets. We see early signs of content + DTC improvements, while strong Parks trends support EPS growth. We see > 30% 12-mo upside” Loop reiterates CoreWeave as buy Loop raised its price target on CoreWeave ahead of earnings on Thursday. “Raising our PT to $155 from $120 to account for the growing top line demand and an increased recognition of Neoclouds strategic positioning in the AI ecosystem.” Goldman Sachs reiterates Uber as buy Goldman said Uber’s product initiatives are “building momentum” following earnings on Wednesday. “Over the coming quarters, we expect that investor narratives will remain anchored around the macro activity levels across consumer and enterprise usage, the competitive dynamics across all operating segments and how mgmt framing might evolve with respect to the balance between returns, investments, and outside capital allocation.” BMO upgrades Louisiana-Pacific to outperform from market perform The bank said it sees a long runway for growth. “While there are near-term headwinds, LP is building a solid track record of profitably growing the Siding franchise (higher growth and lower cash flow volatility). There is further runway ahead.” Wells Fargo upgrades United Therapeutics to overweight from equal weight Wells said in its upgrade of United Therapeutics that it’s bullish on the company’s pulmonary treatment, Ralinepag DPI . “Upgrading to OW; Ralinepag DPI Gives Us More Confidence in Long-Term Competitiveness.” Wells Fargo upgrades Alcoa to overweight from equal weight Wells said it sees aluminum pricing power. “We upgrade AA to Overweight on the view that aluminum price strength can persist well into 2027E on limited global capacity additions and low global inventories. Iran War disruptions have exacerbated already tight market conditions for aluminum.” Read more. BMO upgrades Selective Insurance to outperform from market perform BMO said it sees possible multiple expansion for the insurer. “We are upgrading shares o f SIGI based on our conclusion that SIGI’s reserves and ultimately loss ratio profit margins should be meaningfully more stable in the year(s) to come, which lends itself to valuation-multiple expansion off current 10-30% depressed levels, relative to peers.” Deutsche Bank reiterates DoorDash as buy Deutsche said it’s sticking with the stock following earnings. ” DASH is continuing its strong execution track record — it has the largest U.S. footprint, deepest catalog, accelerating international growth, an inflecting ads engine, multiple optionality layers, and a strong balance sheet that supports aggressive investment alongside margin expansion.” BTIG upgrades Fortinet to buy from neutral BTIG upgraded the cybersecurity company following “blow out” earnings. ” FTNT reported outstanding Q1 results and the updated FY26 outlook was materially better than expected.” JPMorgan reiterates Instacart as overweight The bank said it sees “top line momentum” following earnings on Wednesday. “CART reported solid 1Q results & 2Q GTV guide, though the 2Q Adj. EBITDA outlook came in slightly below expectations.” BMO upgrades Prologis to outperform from market perform BMO said the REIT is a data center beneficiary. “PLD has considerable ability to benefit from data center demand, both as a DC developer and industrial landlord, with data center suppliers representing 10% of PLD’s new leasing and the largest segment of the flourishing manufacturing leasing market in 1Q26″ Northland upgrades Surf Air Mobility to outperform Northland says the regional aviation commuter company is a share gainer. ” Surf operates one of the largest regional commuter airlines. Management had the foresight to realize data from the operations was unique and could fuel the creation of the first aviation operating system for regional aviation. AI leader Palantir (PLTR, OP) agreed and is building the tech with Surf.” Barclays upgrades Halliburton to overweight from equal weight Barclays said in its upgrade of Halliburton that it’s best setup for oil field services in 20 years. “While the next several months will be highly volatile, ultimately, the events in the Middle East will result in structurally higher oil prices and an ensuing multi-year upstream spending cycle to drive outperformance of the Energy Services sector.” Barclays upgrades SiTime to overweight from equal weight Barclays said in its upgrade of SiTime that the semiconductor fabless chipmaker is firing on all cylinders following earnings. “CY26 revenues to grow > 80% as content increases at existing customers and new opportunities in inferencing drive better visibility and growth.”
