2 AI Stocks to Buy Before They Soar 80% and 50%, According to Wall Street Analysts
The Motley Fool·2026-03-22 08:35

Core Viewpoint - Wall Street analysts have set high price targets for leading AI stocks, indicating significant potential for growth in this sector [1] Group 1: Nvidia - Raymond James analyst Simon Leopold raised Nvidia's price target to $323, suggesting over 80% upside from the current price [2] - Nvidia's market cap is $4.2 trillion, with a current price of $172.90 and a forward P/E of 16 based on fiscal 2028 estimates [3][5] - The company is expected to achieve $1.3 trillion in data center revenue by fiscal 2027, driven by advancements in inference technology [2] - Nvidia's acquisition of Groq LPX and SchedMD enhances its position in AI systems architecture, moving beyond just chip manufacturing [4][5] Group 2: Micron Technology - Barclays analyst Tom O'Malley increased Micron's price target to $675, indicating over 50% upside potential [6] - Micron's current price is $422.90, with a market cap of $476 billion and a forward P/E of less than 8 based on fiscal year 2027 estimates [8][10] - The company is experiencing strong growth and high gross margins due to rising memory prices and increasing demand for high bandwidth memory [9] - Micron's first long-term agreement spanning five years could stabilize its business and reduce cyclicality [7][10]

Micron Technology-2 AI Stocks to Buy Before They Soar 80% and 50%, According to Wall Street Analysts - Reportify