Here are Tuesday’s biggest analyst calls: Nvidia, Tesla, Roku, Marvel, Sunrun, Okta, Planet Fitness, Disney & more

Wall Street analysts delivered fresh insights and stock recommendations on Tuesday, offering key takeaways for investors eyeing some of the market’s most closely watched companies. Here’s a breakdown of the day’s biggest calls.

Nvidia (NVDA): Bullish Momentum Continues

Several firms reiterated their bullish stance on Nvidia, citing continued strength in AI-driven demand. A major brokerage raised its price target, highlighting the company’s leadership in GPU technology and expanding data center business. Analysts believe Nvidia’s position in AI and machine learning applications will keep pushing its valuation higher.

Tesla (TSLA): A Cautious Outlook

Tesla received a mixed review from analysts. While some remain optimistic about its long-term innovation and cost-cutting measures, others pointed to weaker delivery expectations and intensified competition from Chinese EV makers. One firm downgraded the stock, warning of near-term pressure due to pricing adjustments and supply chain concerns.

Roku (ROKU): Upgraded on Streaming Growth

Roku shares surged after an analyst upgrade, citing improving ad revenue trends and user growth. The firm believes that Roku’s position in the connected TV ecosystem makes it a strong player as advertisers shift budgets from traditional TV to digital platforms.

Marvel Entertainment: A Creative Rebound?

Following recent underwhelming box office results, analysts weighed in on Marvel’s future. Some believe Disney’s strategic shift in storytelling and upcoming releases could reignite interest, while others remain cautious about franchise fatigue and content saturation.

Sunrun (RUN): A Bright Spot in Solar?

The solar sector continues to face headwinds, but one firm upgraded Sunrun, citing favorable regulatory developments and improving margins. Analysts expect stronger residential solar demand in the long run, despite short-term challenges like higher interest rates affecting financing costs.

Okta (OKTA): Cybersecurity Strength

A top analyst maintained a buy rating on Okta, emphasizing its strong position in identity security. With increasing demand for cybersecurity solutions, the firm believes Okta is well-positioned to capitalize on corporate spending in the space.

Planet Fitness (PLNT): A Healthy Investment?

Planet Fitness saw a slight downgrade as analysts expressed concerns over slowing membership growth and economic pressures on discretionary spending. However, some maintain a positive long-term view, citing the company’s strong brand and low-cost fitness model.

Disney (DIS): Recovery in Focus

Disney remains a key battleground stock, with analysts divided on its outlook. While some highlight potential upside from cost-cutting initiatives and streaming profitability, others worry about challenges in its linear TV business and theme park growth. One firm maintained a neutral stance but raised its price target slightly, citing improved execution under CEO Bob Iger.

Other Notable Analyst Calls:

• Apple (AAPL): Analysts remain confident in Apple’s ability to drive revenue growth through services and AI integration in future products.
• Meta (META): A major firm reiterated its bullish stance, citing strong ad revenue and advancements in AI-driven content targeting.
• AMD (AMD): Analysts remain optimistic about AMD’s ability to compete in the AI and data center chip market, though Nvidia remains the dominant player.

Bottom Line

Tuesday’s analyst calls provided a mix of optimism and caution across various sectors. While some stocks continue to ride strong tailwinds, others face challenges that could impact near-term performance. Investors should consider these insights as they navigate the ever-evolving market landscape.