Analysts Bullish on AI-Linked Stocks Amid Market Uncertainty

Top Wall Street analysts, as ranked by TipRanks, have singled out three companies—CrowdStrike Holdings (CRWD), Dell Technologies (DELL) and SanDisk (SNDK)—for their long-run growth prospects tied to artificial-intelligence (AI) demand. Truist analyst Junaid Siddiqui reiterated a buy rating on CrowdStrike and lifted his price target to $245 from $187.50, citing strong Falcon Flex adoption, large-deal momentum and an optimistic FY27 outlook for net new annual recurring revenue. Evercore analyst Amit Daryanani raised his Dell price target to $550 from $500, emphasizing the under-appreciated storage segment as a higher-margin catalyst. J.P. Morgan analyst Harlan Sur resumed coverage of SanDisk with a buy rating and a $2,250 price target, pointing to a structural inflection in NAND demand driven by AI inference workloads.

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• Dell’s shares have rallied 251 % this year, propelled by AI-server demand.

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• Dell’s storage business accounts for roughly 10 % of FY27 revenue; its operating margin sits in the low-20 % range, versus mid-single-digit margins for AI servers and mid-teens for traditional servers.

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• SanDisk’s eight signed “New Business Model” contracts represent a total contract value of $94 billion with an estimated gross margin of ? 80 %.

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• The NAND total addressable market is projected to grow from about $70 billion in calendar-year 2025 to over $300 billion in 2026 and ? $500 billion in 2027.

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• “We think DELL's storage business is becoming increasingly strategic as AI infrastructure deployments move beyond GPU procurement and toward full stack + AI-ready architectures,” — Daryanani. Daryanani, evercore analyst

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• “Layered on top, mgmt's commitment to returning 100% of excess cash flow to shareholders should drive an aggressive share count reduction trajectory that further amplifies EPS growth on a per-share basis,” — Sur. Sur, morgan analyst

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CrowdStrike is scheduled to announce its fiscal second-quarter results on August 26. The earnings release will provide a near-term test of the growth assumptions driving the analysts’ upgraded targets.

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These analyst perspectives collectively suggest that, despite broader geopolitical uncertainty and elevated bond yields, investors are weighing AI-related revenue streams and higher-margin storage offerings as key engines of future earnings growth.

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