AI stocks Meta Platforms, CrowdStrike, and Broadcom are up due to positive earnings projections and news
From Nasdaq: 2025-02-26 13:06:00
Large artificial intelligence stocks are trading higher today, with Nvidia’s earnings report pending. Meta Platforms, CrowdStrike, and Broadcom are all up around 3.5-5%. Nvidia’s earnings are projected at $0.85 per share with revenue growing 72% to $38.1 billion. CEO Jensen Huang’s comments on AI trends will be closely watched.
Bank of America analyst reiterates buy rating on CrowdStrike with a price target of $420. Meta rumored to be building a $200 billion data center for AI projects. Broadcom releases new AI data center technology for better interoperability. Nvidia’s earnings could be a turning point for AI stocks.
Analysts highlight potential risks for AI stocks due to the current economic environment. CrowdStrike, Broadcom, and Meta are trading at more reasonable valuations compared to others in the sector. Bank of America analyst remains bullish on CrowdStrike ahead of earnings report. Long-term outlook for AI stocks remains uncertain.
The Motley Fool’s Stock Advisor team has identified 10 best stocks to buy, with Meta Platforms not included. Nvidia’s past inclusion in the list led to significant returns. Stock Advisor offers guidance on building a successful portfolio with regular updates and new stock picks. *Stock Advisor returns as of February 24, 2025.
Randi Zuckerberg, former Facebook director and sister of Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board. Bank of America is an advertising partner of Motley Fool Money. The Motley Fool has positions in CrowdStrike, Meta Platforms, Nvidia, and recommends Broadcom. *The views and opinions expressed do not necessarily reflect those of Nasdaq, Inc.
Read more at Nasdaq: Why AI Stocks Meta Platforms, CrowdStrike, and Broadcom Are Rebounding Today
