Wall Street Sees Upside for Adobe, Amazon, and Oracle Stocks Driven by AI Momentum
• 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 delivering record revenue and earnings.
• Amazon's growth is being driven by AI applications in AWS and advertising, with 43 of 47 analysts rating it a buy.
• Oracle's cloud infrastructure growth is partially driven by generative AI and sovereign cloud demand.
• Unlike other AI stocks, Oracle remains attractively valued, trading at just 17x expected earnings.