Three Wall Street analyst picks are drawing attention this week: Nvidia (NVDA), Uber Technologies (UBER), and Marvell Technology (MRVL), each backed by detailed buy calls from analysts ranked among TipRanks’ top performers.
The Case for Nvidia’s FY28 Ambition
Morgan Stanley’s Joseph Moore kept his buy rating on NVDA after the company’s fiscal second-quarter results and raised his price target to $300 from $288. ‘This is our Top Pick in the semis group, with a compelling product cycle, exceptional growth and valuation below peers,’ Moore said.
The numbers behind the call are substantial. Nvidia’s SEC earnings filing shows Q2 FY2026 revenue of $46.7 billion, up 56% year-on-year, with Data Centre revenue of $41.1 billion accounting for the bulk of that figure.
Moore’s focus, though, fell less on the quarterly print and more on what management said about the road ahead. Nvidia’s FY28 revenue growth guidance of 70% landed well above Moore’s own estimate of 52% and a Street consensus of around 40%. Moore called it a ‘remarkable figure’ given ongoing supply constraints, and said he expects Nvidia to continue addressing production bottlenecks.
Performance metrics for the Vera Rubin chip architecture also featured in his note. Nvidia highlighted 30x higher throughput per megawatt and 35x lower token cost compared with Grace Blackwell Ultra. On the margin side, Nvidia’s official results release put Q3 FY2026 non-GAAP gross margin guidance at 73.5%.
Moore ranks 159th among more than 12,490 analysts tracked by TipRanks, with a 60% profitable-rating record and an average return of 24.60%.
Uber’s Autonomous Gamble
BMO Capital’s Brian Pitz reiterated a buy on UBER with a $119 price target, framing his note around the autonomous vehicle opportunity rather than the core ride-hailing business. ‘We continue to believe that Uber’s AV strategy is evolving and will become a significant driver of revenue and profitability,’ Pitz said.
The infrastructure Uber is assembling gives that claim some weight. The company launched Uber Autonomous Solutions, a suite of services designed to help partners build and commercialise autonomous vehicles globally, with a target of facilitating AV trips in as many as 15 cities by end of 2026.
The partner list is expanding quickly. In October 2025, Uber and Nvidia announced plans to use Nvidia’s Hyperion autonomous platform for Uber’s robotaxi programme, with Stellantis committing to deliver at least 5,000 Nvidia Drive-powered vehicles for U.S. and international operations. Separately, Rivian’s investor relations page disclosed a partnership with Uber to deploy up to 50,000 fully autonomous robotaxis. Uber also struck a deal with Nuro, to launch a premium robotaxi service using Lucid Gravity SUVs equipped with Nuro’s self-driving system, according to reporting on Uber’s AV push.
Pitz sees Uber shifting from a pure distribution channel for robotaxis into a broader platform, capturing a larger share of the value chain as AV commercialisation accelerates. Uber’s most recent annual SEC filing acknowledges the risks plainly: AV technologies involve significant liabilities, including fatal collisions that have already occurred.
Pitz ranks 574th on TipRanks, with a 61% profitable-rating rate and average returns of 12.20%.
Marvell’s Google Warrant and the Data Centre Bet
KeyBanc’s John Vinh reaffirmed a buy on MRVL with a $400 price target after Marvell posted what the company called a record quarter. Marvell’s Q2 FY2027 earnings release showed net revenue of $2.739 billion, coming in $39.0 million above the midpoint of the company’s own guidance and representing 37% year-on-year growth.
The data centre business drove the result. Q2 FY2027 data centre revenue rose 46% year-on-year to $2.17 billion, ahead of KeyBanc’s estimate of $2.09 billion. Management cited accelerating AI networking demand across scale-out, scale-across, and scale-up architectures, supported by strong 800G optical DSP demand and rapid 1.6T ramp. Marvell subsequently raised its data centre guidance to 60% growth in FY27 and more than 60% in FY28.
The Google warrant arrangement adds a structural dimension to the growth story. Marvell’s 8-K filed with the SEC shows Marvell issued Google a warrant on 18 August 2026 to purchase up to 58,970,907 shares at an exercise price of $206.58 per share. The majority of those shares vest based on Google’s discretionary purchases from Marvell, with one tranche vesting for each $500 million in custom products purchased between Q3 FY2027 and the end of FY2033.
Vinh noted management’s view that programmes tied to the warrant are already priced into the custom outlook through FY2028, with new and in-execution programmes expected to drive upside to the prior FY2029 custom XPU revenue estimate of over $10 billion. Vinh ranks 123rd on TipRanks, with a 60% success rate and average returns of 28.50%.
For investors watching MRVL, the binary in the near term is whether the Google vesting schedule translates into a procurement ramp that pushes the FY2029 XPU figure materially beyond that $10 billion floor.
