Top Wall Street analysts like these 3 stocks for their long-term prospects

Investors are grappling with elevated oil prices and persistent geopolitical tensions, but those who can ignore short-term noise may be better positioned for the long run.

An opportunity to pick some attractive stocks with solid long-term growth potential is emerging, and investors can use the ratings of top Wall Street analysts to inform their search.

The recommendations and analysis of these experts can provide useful insights for stock selection.

Here are three stocks favored by some of Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance.

Seagate Technology

This week's first pick is storage solutions provider Seagate Technology, which impressed investors with its market-beating results for the third quarter of fiscal 2026 and solid outlook. The company is benefiting from strong AI-driven demand for storage.

In reaction to the Q3 FY26 print, TD Cowen analyst Krish Sankar reiterated a buy rating on Seagate stock and boosted his price target to $850 from $500, citing a "flawless quarter." The analyst noted that the company's earnings per share outlook of $5 for the fiscal fourth quarter surpassed the Street's expectations by 25%.

The five-star analyst added that the $35 to $40 EPS bull case for 2027 that he highlighted in his preview seems more realistic following the Q3 FY26 results. The analyst has now conservatively moved his 2027 EPS estimate to $34. He continues to see potential upside to the high-$30s, backed by his expectation of 60% gross margin based on 9% growth in average selling price, or ASP, and 25% rise in exabyte shipment.

Sankar also noted that Seagate's June quarter outlook implies a gross margin of about 50%. He projects a 7% year-over-year growth in ASP following a 4% rise in the March quarter. The analyst contends that there is more upside to pricing estimates, especially due to strength in NAND pricing, which is up 200% this year.

In fact, Sankar's research indicates that hard disk drives, or HDDs, are in shorter supply than NAND. Consequently, he thinks the market may be too conservative in assuming that HDD manufacturers can only raise prices by high single digits.

Sankar ranks No. 16 among more than 12,200 analysts tracked by TipRanks. His ratings have been profitable 69% of the time, delivering an average return of 49.4%. See Seagate Technical Analysis on TipRanks. 

Marvell Technology

We are moving on to chip company Marvell Technology. It is set to benefit from the recently announced massive deal between Amazon and Anthropic, under which Anthropic will be spending more than $100 billion on Amazon Web Services' technologies over the next decade. Amazon builds its Trainium chips with inputs from Marvell.

Following the deal, RBC Capital analyst Srini Pajjuri reaffirmed a buy rating on Marvell stock and raised his price target to $170 from $115. The analyst views Marvell as a major beneficiary of the Amazon-Anthropic agreement, given that the company supplies Trainium application-specific integrated circuits, Ethernet switches, data processing units, and optical digital signal processors to AWS.

Pajjuri estimates that each gigawatt amounts to $2.5 billion to $3 billion of XPU serviceable addressable market, of which he expects Marvell to capture at least 50%. He projects about $1.6 billion — up about 17% — in custom silicon revenues from AWS in 2026 and expects upside to be somewhat limited due to tight 3nm wafer supply.

That said, the five-star analyst sees near-term upside driven by solid demand for PAM-4 optical connectivity. He expects the Amazon-Anthropic deal to support strong double-digit growth through fiscal 2028 and beyond. For fiscal 2028, Pajjuri expects 50% growth at AWS, with potential for further upside. He added that Marvell's opportunity with Trainium 4 looks even more attractive, given its growing optical capabilities and its UALink and NVLink Fusion offerings.

"Our new PT is based on 31x CY27 our EPS estimate of $5.51 (prior 21x), which we believe is justified given improving visibility at AWS, strong optical demand, and upcoming ramp of MSFT ASIC," concluded Pajjuri.

Pajjuri ranks No. 142 among more than 12,200 analysts tracked by TipRanks. His ratings have been profitable 75% of the time, delivering an average return of 40.7%. See Marvell Technology Crowd Wisdom on TipRanks.

Amazon

E-commerce and cloud computing giant Amazon reported better-than-expected first-quarter results on Wednesday. Notably, AWS revenue grew 20% year over year, marking the cloud unit's fastest growth in more than three years.

Impressed by the results, TD Cowen analyst John Blackledge reiterated a buy rating on Amazon stock and increased his price target to $350 from $300. The analyst highlighted that the company's first-quarter revenue and operating income surpassed the Street's consensus estimates by 2% and 15%, respectively, with all segments faring better than expectations.

Blackledge emphasized that AWS revenue growth accelerated to more than 28%, driven by ramping chips and Bedrock businesses. Specifically, management highlighted that the in-house chip business (Graviton, Trainium, and Nitro) has a run-rate of more than $20 billion, up from over $10 billion in Q4 2025. Moreover, Bedrock spending has surged 170% quarter over quarter.

Also, the five-star analyst noted the 98% year-over-year growth in AWS backlog to $364 billion, reflecting an acceleration from the 38% growth in Q4 2025. Overall, Blackledge raised his 2026 revenue estimate for Amazon by 2%, mainly to reflect higher AWS revenue.

"Longer term, we raised our revenue forecast by 6% on avg. annually from '26-'31; our AWS revenue estimates increased 14% on avg. annually during the period on higher-than-expected AI revenue," said Blackledge.

Blackledge ranks No. 843 among more than 12,200 analysts tracked by TipRanks. His ratings have been profitable 54% of the time, delivering an average return of 10.2%. See Amazon Ownership Structure on TipRanks.