Top Wall Street analysts favor these 3 tech stocks for their growth outlook

High valuations for artificial quality (AI) stocks were the absorption of the marketplace this week, with fears of a imaginable AI bubble capping capitalist sentiment. But the presumption connected Wall Street is inactive that respective tech stocks connection beardown fundamentals and are delivering rapid, AI-induced growth, justifying their sky-high valuations.

The recommendations of apical Wall Street analysts tin assistance investors find charismatic AI stocks displaying robust semipermanent maturation outlooks.

Here are 3 stocks favored by the Street's apical pros, according to TipRanks, a level that ranks analysts based connected their past performance.

Amazon

E-commerce and unreality computing elephantine Amazon (AMZN) precocious impressed investors with its upbeat Q3 results. Accelerating maturation successful the Amazon Web Services (AWS) unreality portion confirmed the Street's religion successful Amazon's enlargement into artificial intelligence.

In absorption to the coagulated Q3 people and the recently-announced woody with OpenAI, Mizuho expert Lloyd Walmsley accrued his price forecast for Amazon to $315 from $300 and reiterated a bargain rating. TipRanks' AI Analyst is besides bullish connected AMZN stock, with an "outperform" standing and a terms people of $276.

Walmsley said that the Q3 performance, OpenAI woody and affirmative outlook for Amazon's Trainium chips made him much optimistic toward AWS's semipermanent growth. In fact, the 5-star expert expects acceleration successful AWS gross maturation from 20% successful Q3 to 21% successful Q4 2025 and 22% successful the archetypal 4th of 2026. He expects AWS gross to emergence by 23% to $157 cardinal successful the afloat twelvemonth 2026, followed by a 22% summation to $192 cardinal successful 2027 — supra the Street's expectations of $154 cardinal and $185 cardinal for 2026 and 2027, respectively.

"We judge investors proceed to rotate into AMZN shares fixed a valuation good beneath its historical ranges and affirmative quality apt to proceed into the AWS ReInvent Conference successful aboriginal December," said Walmsley.

The analyst's bullish concern thesis is besides based connected the cost-to-serve improvements successful Amazon's retail business, driven by automation successful fulfillment centers and an enhanced logistics network.

Walmsley ranks No. 103 among much than 10,100 analysts tracked by TipRanks. His ratings person been palmy 64% of the time, delivering an mean instrumentality of 27.5%. See Amazon Insider Trading Activity connected TipRanks.

Alphabet

This 2nd banal prime is Google- and YouTube proprietor Alphabet (GOOGL). The institution reported better-than-expected third-quarter results, with AI driving coagulated momentum successful its unreality business.

Impressed by the Q3 performance, JPMorgan expert Doug Anmuth raised his price people for Alphabet to $340 from $300 and reaffirmed a bargain rating. In comparison, TipRanks' AI Analyst has a terms people of $316 with an "outperform" standing connected GOOGL.

Anmuth highlighted that Q3 marked the archetypal clip that Alphabet's quarterly gross crossed the $100 cardinal mark. The top-rated expert noted Alphabet's robust show successful the 3rd quarter, with double-digit maturation crossed each large business.

Interestingly, Anmuth believes that Q3 results and favorable insights connected AI hunt formats could alteration investors' views toward Google's AI hunt transition. Alphabet noted AI-induced acceleration successful query maturation and paid clicks, portion Anmuth noted that manufacture conversations bespeak that paid clicks utilizing Google's AI Overviews (AIO) and AI Mode (AIM) features are driving higher conversion rates.

"Overall, the AI hunt modulation has been viewed arsenic the top hazard to Google, but further signs that AI hunt is much accidental than menace volition proceed to flip the narrative," said Anmuth.

The expert is besides encouraged by the surge successful Google Cloud's backlog to $155 billion. He contends that the fig doesn't see each the gains from the precocious announced enlargement of GOOGL's concern with Anthropic, implying a further summation successful the backlog astatine the extremity of the 4th quarter. Overall, Anmuth is assured astir Alphabet's prospects and said it remains JPMorgan's Top 2 idea, down lone Amazon.

Anmuth ranks No. 113 among much than 10,100 analysts tracked by TipRanks. His ratings person been profitable 63% of the time, delivering an mean instrumentality of 22%. See Alphabet Ownership Structure connected TipRanks.

Advanced Micro Devices

The 3rd tech elephantine this week is chipmaker Advanced Micro Devices (AMD), which delivered beardown results successful the 3rd 4th of Fiscal 2025. AMD attributed stronger net and gross to its expanding compute concern and fast-growing AI information halfway segment.

In reaction, Stifel expert Ruben Roy accrued his price people for AMD to $280 from $240 and reiterated a bargain rating. With a terms people of $285, TipRanks' AI Analyst has an "outperform" standing connected AMD stock.

Roy noted that AMD's Q3 apical enactment was driven by spot crossed the company's information center, AI, server and PC businesses. The 5-star expert highlighted management's optimism toward continued momentum successful Q4 FY25, with gross expected to turn 25% year-over-year to $9.6 billion. AMD expects Q4 gross maturation volition beryllium supported by beardown performances successful its information center, lawsuit and embedded businesses, partially offset by a double-digit diminution successful the gaming segment.

Interestingly, Roy believes that AMD's show successful the near-term is being fueled much by expanding request for server cardinal processing units and continued stock gains successful lawsuit CPUs alternatively than information halfway AI graphics processing units. The expert expects AMD's information halfway AI GPU concern to summation to a scope of $6 cardinal to $6.5 cardinal successful FY25, versus a anterior estimation of $5 billion.

"Looking ahead, we proceed to judge that AMD is executing good arsenic the institution nears accumulation shipments of the MI400/450 bid GPUs and the Helios rack adjacent year," Roy said.

The expert is besides optimistic connected AMD's recently-announced deals with OpenAI and Oracle Cloud Infrastructure, saying they supply clarity connected the longer-term maturation outlook successful its information halfway AI business. Roy awaits further insights from AMD astir its exertion roadmap and full addressable marketplace (TAM) astatine an upcoming Analyst Day lawsuit connected November 11.

Roy ranks No. 20 among much than 10,100 analysts tracked by TipRanks. His ratings person been profitable 71% of the time, delivering an mean instrumentality of 34.4%. See AMD Statistics connected TipRanks.