TipRanks analyst picks highlight CrowdStrike, AST SpaceMobile and Broadcom

TipRanks analyst picks this week pointed to CrowdStrike, AST SpaceMobile and Broadcom as companies that selected Wall Street analysts view as positioned for longer-term growth. The calls come as major equity indexes remain volatile, with investors weighing corporate earnings and geopolitical tensions in the Middle East, according to CNBC.

TipRanks, which tracks analyst performance, highlighted recent bullish views from Stifel, Piper Sandler and Morgan Stanley. The ratings are analyst opinions, not guarantees of future returns, and each rests on different assumptions about demand in cybersecurity, satellite connectivity and artificial intelligence infrastructure.

Why did analysts back CrowdStrike, AST SpaceMobile and Broadcom?

For CrowdStrike, Stifel analyst Adam Borg kept a buy rating and raised his price target to $230 from $220 after investor meetings in Europe with the cybersecurity company’s finance chief, according to TipRanks. CrowdStrike recently expanded a partnership with Schwarz Digits to offer its Falcon platform to European enterprise customers.

Borg said the meetings strengthened his view that CrowdStrike is a well-placed cybersecurity platform and a beneficiary of artificial intelligence because of its product range, data assets and role in both protecting AI systems and using AI to improve security. He argued that AI is changing cybersecurity demand by making software weaknesses easier for less advanced attackers to exploit.

That shift, in Borg’s view, is increasing customer interest in CrowdStrike’s AI Detection & Response product and broader platform. He also linked AI-related demand to a larger sales pipeline and to management’s higher fiscal 2027 net new annual recurring revenue guidance issued last quarter. TipRanks ranks Borg No. 651 among more than 12,300 analysts it tracks, with 65% of his ratings profitable and an average return of 15%.

Piper Sandler analyst Alexander Potter began coverage of AST SpaceMobile with a buy rating and a $100 price target, according to TipRanks. AST SpaceMobile is developing a space-based cellular broadband network designed to connect directly with ordinary smartphones.

Potter said he preferred AST SpaceMobile among selected space-related names because he viewed its valuation as more manageable and saw a clearer route to EBITDA upside. He assigned neutral views to SpaceX and Rocket Lab, citing valuation concerns.

AST SpaceMobile’s model is to work with mobile network operators rather than compete against them. Potter noted that the company has partnerships and equity investments from large carriers including AT&T, Vodafone, Verizon and Rakuten. He said those relationships give AST SpaceMobile access to more than 3 billion subscribers through the operators’ existing customer bases. TipRanks ranks Potter No. 708, with 48% of his ratings profitable and an average return of 17.2%.

At Broadcom, Morgan Stanley analyst Joseph Moore reiterated a buy rating and a $502 price target, TipRanks reported. Broadcom supplies custom AI chips and networking products, and Moore said the stock’s relative weakness this year was notable given continuing AI-related demand.

Moore cited investor concern that MediaTek could take share from Broadcom in Google’s tensor processing unit business, as well as a preference for faster-growing AI chip stocks, as reasons for the underperformance. He said MediaTek’s role in Google’s TPU supply chain is expanding, but he did not expect it to meaningfully displace Broadcom.

Moore estimated Broadcom would remain the main TPU supplier with about 80% share and said fears of a decline to 50% share or a full replacement appeared early. He based his view on Broadcom’s high-bandwidth memory access, packaging capabilities, manufacturing scale, AI ASIC position, networking franchise and new customer wins. TipRanks ranks Moore No. 148, with 60% of his ratings successful and an average return of 25.5%.

This story draws on original reporting from CNBC.