Wall Street Sees Upside for Adobe, Amazon, and Oracle Stocks; Nvidia Less So
• Wall Street analysts think Adobe, Amazon, and Oracle still have significant upside potential, with average price targets 21%, 17%, and 14% above current levels, respectively.
• Adobe is integrating AI into its products and benefiting from record revenue and strong momentum.
• Amazon's growth is being driven by AI powering its AWS cloud platform, and its advertising business could also help it achieve analysts' price targets.
• Oracle's cloud infrastructure services growth is partly due to generative AI customers, and its low valuation could make it more appealing.
• Nvidia isn't expected to deliver the same level of gains, with analysts' average price target 7% below its current share price.