Wedbush: 2026 AI Revolution to Propel Strong Tech Stock Rally
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- AI Revolution Outlook: Wedbush analyst Dan Ives highlights that 2026 will be a pivotal year for the AI Revolution, with expectations for strong tech stock performance in the upcoming fourth-quarter earnings season, particularly from big tech firms like Microsoft, Google, and Amazon, which have shown robust AI enterprise demand.
- Investor Confidence: Despite ongoing investor skepticism regarding the valuations and pace of tech spending trends, analysts believe the market is underestimating the potential for $3 trillion in AI spending over the next three years, indicating strong growth prospects ahead.
- Surge in Capital Expenditure: Analysts expect tech stocks to experience significant growth in 2026, driven by over $550 billion in capital expenditures currently being deployed in the tech sector, with the software industry poised to benefit from the widespread adoption of generative AI.
- Ecosystem Multiplicative Effect: Ives' team notes that for every $1 spent on Nvidia, there is an $8 to $10 multiplier effect across the broader tech ecosystem, further accelerating Microsoft's AI strategy and enhancing its Azure platform's prominence.
Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMZN is 294.71 USD with a low forecast of 250.00 USD and a high forecast of 340.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
43 Analyst Rating
40 Buy
3 Hold
0 Sell
Strong Buy
Current: 236.650
Low
250.00
Averages
294.71
High
340.00
Current: 236.650
Low
250.00
Averages
294.71
High
340.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





