Top Wall Street analysts are bullish on these 3 stocks for the long term

Top Wall Street analysts are bullish on three stocks poised to benefit from the artificial intelligence boom, despite broader market noise. Jefferies analyst Brent Thill reiterated a Buy on Snowflake (SNOW), citing accelerating product innovation and future AI growth, though the inflection point is still ahead. Advanced Micro Devices (AMD) received an upgrade to Buy from Jefferies' Blayne Curtis, following a "game-changing" partnership with OpenAI for up to 6 gigawatts of GPUs and a potential 10% equity stake, which significantly alters AMD's AI narrative and implies substantial future revenue. Meanwhile, Mizuho's Vijay Rakesh reiterated a Buy on Dell Technologies (DELL) after the company raised its long-term financial targets, projecting strong AI demand to drive a 7-9% revenue CAGR and over $20 billion in AI server revenue for FY26.

Analysis

The market remains optimistic about artificial intelligence as a key growth driver, with top Wall Street analysts identifying specific opportunities despite broader macro noise. Snowflake (SNOW) is positioned for future AI-driven growth, with Jefferies analyst Brent Thill reiterating a "Buy" rating and $270 price target, citing accelerating product innovation and building AI traction, though the full "AI Blizzard" inflection point is still ahead. Customer conversations at the Snowflake World Tour indicated strengthening unstructured data capabilities and future broader usage of AI offerings like Snowpark ML.

Advanced Micro Devices (AMD) received a significant boost from a "game-changing" partnership with OpenAI, involving the deployment of up to 6 gigawatts of AMD Instinct GPUs and a potential 10% equity stake for OpenAI. Jefferies analyst Blayne Curtis upgraded AMD to "Buy" with a substantially raised price target of $300, noting this deal materially alters AMD's AI narrative and confirms robust AI demand, projecting $80-100 billion in revenue through 2030 from this compute capacity.

Dell Technologies (DELL) also demonstrated strong AI tailwinds, raising its long-term financial targets with a projected 7-9% revenue CAGR and over 15% non-GAAP EPS growth for fiscal years 2026-2030. Mizuho analyst Vijay Rakesh reiterated a "Buy" rating and increased his price target to $170, highlighting Dell's FY26 AI server revenue estimate of $20 billion, representing over 100% year-over-year growth, and suggesting the company's growth outlook could be conservative given its market position in AI cluster deployments.

Key Decisions for Investors

• Monitor Snowflake's progress in converting early AI traction into broader customer adoption and revenue inflection, as highlighted by Jefferies' analysis.
• Evaluate the long-term strategic implications and revenue realization from AMD's partnership with OpenAI, considering the significant upgrade and projected financial impact.
• Assess Dell Technologies' execution against its raised long-term financial targets, particularly its AI server revenue growth and potential for conservative guidance given strong enterprise AI demand.
• Consider the differing price targets and ratings from the TipRanks AI Analyst for each stock as a comparative data point against human analyst consensus.