The application of artificial intelligence (AI) across industries is expected to drive massive gains, driving investor interest in the robust growth potential of AI stocks. Moreover, high spending on AI is helping to mitigate concerns about AI-led demand. We used TipRanks’ Stock Comparison Tool to compare three prominent AI stocks – Micron Technology (MU), Nvidia (NVDA), and CoreWeave (CRWV) and find the AI stock that can deliver the highest upside, according to analysts.
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Micron Technology (NASDAQ:MU) Stock
Micron stock has rallied 179% year-to-date, driven by robust demand for memory amid the ongoing AI boom. Moreover, the company is gaining from higher memory pricing as demand continues to outpace supply.
In fact, several analysts are expecting a memory “supercycle” that could last beyond 2027. They expect supply to remain tight and memory prices to continue to be high amid strong momentum in demand. However, following a stellar rally, some argue that the optimism about a robust memory cycle is now already priced into MU stock.
Is MU Stock a Buy Right Now?
Last week, top Mizuho analyst Vijay Rakesh reiterated a Buy rating on Micron stock and lifted his price target to $740 from $545, saying that agentic AI is driving memory demand higher. The 5-star analyst expects Micron to gain from strong catalysts in both DRAM and NAND markets. Rakesh boosted his revenue and EPS estimates for Fiscal 2026-2028. He expects Fiscal 2027 revenue and EPS (earnings per share) to grow year-over-year by 66% and 80%, respectively.
Interestingly, Rakesh expects HBM (high-bandwidth memory) revenue to grow at a 40% CAGR (compound annual growth rate) to exceed $100 billion by 2028, given that AI demand looks solid, with continued strength seen at least into 2027. He also highlighted near-term tailwinds in traditional DRAM/NAND nodes, as AI drives higher content in consumer end markets and increased pricing, ultimately boosting near-term profitability.
Given a robust demand backdrop, Wall Street has a Strong Buy consensus rating on Micron stock based on 27 Buys and three Holds. The average MU stock price target of $581.89 indicates about 27% downside risk.
Nvidia (NASDAQ:NVDA) Stock
Despite concerns about rising competition in the AI chips market, semiconductor giant Nvidia has continued to deliver strong revenue and earnings. This reflects robust demand for the company’s AI GPUs (graphics processing units). Nvidia delivered 73% year-over-year revenue growth in Q4 FY26 and guided for Q1 FY27 growth in the range of 73% to 80%.
Looking ahead, the company is well-positioned to capitalize on huge opportunities in AI inference after dominating the AI training market. According to Nvidia CEO Jensen Huang, the company expects over $1 trillion in cumulative purchase orders for its Blackwell and next-generation Vera Rubin AI chip platforms through 2027, twice the previous projection of $500 billion.
All eyes are now on Nvidia’s Q1 FY27 earnings on May 20. Wall Street expects the company to report EPS (earnings per share) of $1.74, reflecting 115% year-over-year growth. Revenue is estimated to rise to 78.4% to $78.62 billion.
Is NVDA Stock a Strong Buy?
Heading into Q1 earnings, Goldman Sachs analyst James Schneider reiterated a Buy rating on NVDA stock with a price target of $250. The 5-star analyst expects Nvidia to deliver a beat-and-raise, driven by favorable industry supply and demand. He expects investors to focus on the magnitude of upside to Nvidia’s $1 trillion data center guidance, potential upside from agentic AI to the server CPU business, impact of competition, and gross margin outlook amid higher input costs.
NVDA shares have lagged peers, and Schneider believes the stock could rise if there is evidence of improving profitability metrics at hyperscalers to support continued spending, increased enterprise adoption of agentic AI, and greater clarity on deployments with non-traditional customers. The analyst highlighted that his 2026 and 2027 estimates are 14% and 34% above the Street’s projections. He expects positive estimate revisions and multiple re-rating to drive the stock higher.
With 40 Buys, one Hold, and one Sell, Wall Street has a Strong Buy consensus rating on Nvidia stock. The average NVDA stock price target of $274.38 indicates 25% upside potential. NVDA stock has risen 18% year-to-date.
CoreWeave (NASDAQ:CRWV) Stock
Shares of cloud computing company CoreWeave have rallied 60% so far this year despite the recent selloff following the first-quarter results. The company has been seeing strong demand for its infrastructure to support AI workloads. While CoreWeave reported upbeat Q1 revenue, a wider-than-anticipated adjusted loss per share and weak revenue guidance spooked investors.
Also, there are concerns about the company’s high capital spending to increase its capacity and meet the strong demand. The elevated investment has led to heavy borrowing. CRWV had $25 billion in debt at the end of Q1 2026.
Is CRWV Stock a Good Buy?
Following the Q1 print, Mizuho analyst Gregg Moskowitz reiterated a Hold rating on CoreWeave stock and increased his price target to $110 from $105. The analyst stated that the 112% year-over-year growth in Q1 2026 revenue to about $2.1 billion surpassed expectations by about 5.5%. He also highlighted CRWV’s solid backlog at about $100 billion, up 49% quarter-over-quarter. However, Moskowitz noted that Q2 revenue guidance fell short of expectations and CRWV only reiterated its 2026 revenue outlook despite Q1 top-line beat, although it secured sufficient capacity to deliver on its 2027 goal.
The analyst believes that CoreWeave is well-positioned to win a notable share of the AI cloud provider market. He is also “incrementally bullish” about large recent deals, mainly with Meta Platforms (META) and OpenAI, which reflect robust demand for CRWV’s platform. That said, Moskowitz is sidelined on CRWV stock as he views the risk/reward as balanced amid ongoing uncertainty about the magnitude of revenue upside over the next 12 months (NTM).
Currently, Wall Street has a Moderate Buy consensus rating on CoreWeave stock based on 14 Buys, nine Holds, and one Sell recommendation. The average CRWV stock price target of $134.17 indicates 17% upside potential.
Conclusion
Wall Street is highly bullish on Micron and Nvidia and cautiously optimistic on CoreWeave. Following the solid year-to-date rally, the Street’s average price target indicates downside risk for MU stock from current levels. Meanwhile, analysts see higher upside potential in Nvidia stock than in CRWV stock. According to TipRanks’ Smart Score System, Nvidia scores a “Perfect 10,” indicating that the stock has the ability to outperform the broader market over the long term.