Monday's Biggest Analyst Calls: Nvidia, Apple, Tesla, Netflix, Roblox, Disney, Amazon, Microsoft and More

Here are the biggest calls on Wall Street on Monday:

‍

Jefferies Maintains Buy on Alphabet

Jefferies remains positive on Alphabet, keeping its "buy" rating intact ahead of the company’s upcoming earnings report. The firm noted that while first-quarter results are expected to be steady, broader economic challenges and tariff-related issues could impact performance in the second and third quarters.

‍

Alphabet’s advertising segment, which makes up about 75% of total revenue, may encounter some pressure—particularly from reduced brand spending and weaker activity from China-based advertisers. However, Jefferies believes Alphabet’s scale will help it maintain resilience, and its cloud and AI segments should continue to perform strongly.

‍

Morgan Stanley Reiterates Overweight on Netflix

Morgan Stanley reaffirmed its “overweight” stance on Netflix and raised its price target from $1,150 to $1,200 following the company's earnings report last week. The firm acknowledged that the absence of subscriber growth metrics in the report forces investors to take a broader view of the business. Nonetheless, Netflix continues to demonstrate predictability and stability over the long term, according to Morgan Stanley.

‍

Baird Upgrades Wolverine Worldwide

Baird upgraded Wolverine Worldwide from “neutral” to “outperform,” highlighting a more favorable risk/reward profile. Despite the stock having fallen 55% from its peak, Baird noted that the company has minimal exposure to China-to-U.S. sourcing risks. The firm is optimistic about future growth at Saucony, one of Wolverine’s key brands, and believes the company's 2025 projections for overall gross margins are conservative.

‍

JPMorgan Begins Coverage on Dycom

JPMorgan initiated coverage of Dycom Industries with an “overweight” rating and a December 2025 price target of $200. The firm sees strong positioning for Dycom, which provides construction services for the telecommunications and infrastructure sectors.

‍

Deutsche Bank Initiates Buy on Genius Sports

Deutsche Bank started coverage of Genius Sports with a “buy” rating and a $12 price target, suggesting a potential upside of around 19%. The firm said Genius Sports is well placed to thrive despite economic volatility, given its role as a key provider of sports data and technology to leagues, media outlets, and betting companies globally.

‍

Barclays Lowers Tesla Price Target

Barclays maintained its “equal weight” rating on Tesla but reduced the price target to $275 from $325 ahead of the company's earnings announcement. The bank cited mixed signals—while fundamentals remain weak, a shift in narrative, such as greater involvement from Elon Musk or developments related to Full Self Driving, could boost sentiment. Barclays also warned of gross margin pressures driven by lower volumes and production inefficiencies.

‍

Barclays Also Stands by Microsoft

Though Barclays cut its price target on Microsoft to $430 from $475, it kept its “overweight” rating. The revised target reflects updated earnings assumptions and macroeconomic uncertainty. The firm now bases its valuation on a 29-times forward price-to-earnings multiple applied to an estimated $14.74 per share in calendar year 2026 earnings.

‍

Bank of America Reaffirms Buy on Roblox

Bank of America continues to see upside in Roblox and reiterated its “buy” rating. The firm expects the company to gain market share in the gaming sector thanks to its vast network of creators and its ability to outpace traditional game developers in innovation.

‍

Bank of America Maintains Buy on GE Vernova

The bank remains bullish on GE Vernova, anticipating that the company will reaffirm its 2025 outlook, which includes $36–$37 billion in revenue and a high single-digit adjusted EBITDA margin.

‍

Wolfe Research Upgrades Spotify and Disney

Wolfe Research upgraded Spotify to “outperform” from “peer perform,” citing renewed optimism over gross margins due to favorable label deals. The firm also sees positive momentum in subscriber growth, pricing, and product development, projecting free cash flow of $22 per share by 2027.

‍

Disney also received an upgrade from Wolfe to “outperform.” The analysts said Disney remains attractive despite macroeconomic uncertainties, with strong assets in theme parks, cruises, and streaming creating a clear path toward $7 in earnings per share.

‍

Loop Capital Upgrades Norwegian Cruise Line

Loop upgraded Norwegian Cruise Line to “buy” from “hold” while maintaining a $25 price target. The firm sees the recent nearly 40% drop in the stock as a buying opportunity.

‍

DA Davidson Downgrades Salesforce

DA Davidson downgraded Salesforce from “neutral” to “underperform,” expressing concern that the company is shifting too much focus toward AI at the expense of its core business. The firm lowered its price target to $200 and removed Salesforce from its “Best-of-Breed” list.

‍

Raymond James Cuts Amazon Rating

Raymond James downgraded Amazon to “outperform” from “strong buy,” noting insufficient progress in monetization across several areas. The firm said increased investments and macro headwinds could put pressure on earnings in 2025 and 2026.

‍

MoffettNathanson Reaffirms Sell on Apple

MoffettNathanson reiterated its “sell” rating on Apple and slashed its price target from $184 to $141. The firm cited ongoing trade tensions and supply chain issues, arguing that Apple faces an expensive and complicated path either way—whether paying tariffs or restructuring its supply chain.

‍

Susquehanna Still Bullish on Nvidia

Despite new export restrictions on AI accelerators to China, Susquehanna remains positive on Nvidia. The firm said demand indicators are still strong, and Blackwell chips are ramping up effectively. However, they warned that the export restrictions could dampen the outlook for the second quarter of 2025, especially for Nvidia and AMD.

‍

BTIG Starts Tempus AI at Buy

Finally, BTIG began coverage on Tempus AI with a “buy” rating and a $60 price target. The firm is optimistic about the medical technology company’s growth prospects in the AI space.

‍