Observed Signal · Oct 24, 2026 · Earnings Report · Source: CNBC Investing · Impact: 3/5 · Sentiment: Positive
Goldman Sachs Recommends Top Tech Stocks Ahead of Earnings
Goldman Sachs analysts are bullish on several major tech stocks ahead of their upcoming quarterly earnings reports. The investment bank highlights Microsoft, Alphabet, Zeta Global, Palantir, and CoreWeave as buy-rated names with significant upside potential. Microsoft is favored for its AI platform strength and Azure's unit economics, while Zeta Global benefits from enterprise marketing platform modernization trends. Alphabet is seen as having a broad AI strategy despite investor concerns over search growth and agentic interfaces. Palantir's government agreements with the U.S. Department of Defense position it for growth, and CoreWeave's short-term datapoints are viewed positively despite forecasting challenges. The recommendations reflect a broader confidence in AI-driven growth across the technology sector.
The article highlights Goldman Sachs' bullish stance on major tech and adtech-adjacent companies like Microsoft, Alphabet, Zeta Global, and Palantir, indicating potential growth in AI and digital advertising sectors. This is relevant for AdTech investors and market watchers.
Track Goldman Sachs Signals & Market Shifts in Real-Time
Polaris7 autonomous intelligence agents track regulatory filings, primary sources, executive changes, and deal flow 24/7. Create your Polaris7 workspace to monitor these entities.
Key Takeaways & Evidence Grounding
- Goldman Sachs upgraded Zeta Global to buy from neutral.
- Microsoft is on Goldman's Conviction List; earnings expected on October 28.
- Alphabet earnings are expected next Wednesday.
- Palantir is highlighted for U.S. government contracts with the DoD.
- CoreWeave is recommended despite forecasting challenges.
Connected Companies & Entities
6 Entities mapped“Goldman Sachs analysts issued the buy ratings and recommendations.”
“Microsoft is on Goldman's Conviction List and is expected to report earnings on October 28.”
“Alphabet is recommended by Goldman ahead of its earnings next Wednesday.”
“Zeta Global was upgraded to buy from neutral by Goldman Sachs.”
“Palantir is highlighted for its U.S. government contracts and DoD modernization.”
“CoreWeave is recommended despite forecasting challenges, citing positive datapoints in the next 12 months.”
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
Big Tech Earnings Reward Smart AI Infrastructure Spending
Jim Cramer argues that recent earnings show companies that invested heavily and strategically in data centers and AI infrastructure are being rewarded by the market. He reviews five large tech names — Alphabet, Amazon, Apple, Microsoft and Meta Platforms — reporting their estimated capital expenditures and stock reactions around earnings. Cramer highlights strong cloud and AI-driven revenue acceleration at Alphabet (Google Cloud) and Amazon (AWS), weaker market responses for Microsoft and Meta amid uncertainty about AI monetization and capex returns, and Apple’s advantage from a large device install base. The piece details how compute constraints, custom chips and datacenter suppliers underpin the AI race and names chip, networking, memory and power vendors tied to the buildout. The commentary frames the quarter as a pivotal moment validating smart, large-scale spending for AI leadership.
Wall Street Analysts Back AMD, Microsoft, Nvidia
TipRanks staff reports that top Wall Street analysts are highlighting three tech stocks—Advanced Micro Devices, Microsoft and Nvidia—based on AI-driven demand and recent earnings. TD Cowen’s Joshua Buchalter reiterated a buy on AMD and raised his price target to $500 after strong Q1 results and upbeat data-center guidance; AMD doubled its CPU total addressable market estimate to about $120 billion and expects continued server CPU and GPU growth. Tigress Financial’s Ivan Feinseth reaffirmed a buy on Microsoft and lifted his target to $680, citing Azure growth, Copilot integrations and a doubling commercial cloud backlog to $625 billion. Susquehanna’s Christopher Rolland reiterated a buy on Nvidia and nudged his target to $275 while noting management’s $1 trillion revenue outlook for Blackwell and Rubin through 2027 and a Rubin platform launch in H2 2026.
Goldman recommends defensive stocks amid AI bull concerns
Goldman Sachs advises investors concerned about a potential slowdown in the AI trade to consider defensive stocks in health care and consumer staples. The bank notes that AI capital spending currently contributes about half of S&P 500 earnings growth, but expects this to diminish as spending growth slows. Rising energy prices and interest rates are clouding the economic outlook, with higher financing costs raising doubts about the durability of the AI infrastructure buildout. Goldman's screen highlights companies with high free cash flow yields and recent underperformance, such as Tyson Foods (11% FCF yield, down 17% over six months) and CVS Health (9% FCF yield, down 15% in three months). Despite these defensive recommendations, Goldman's base case still expects continued earnings growth, with a potential catch-up trade in consumer-facing stocks fueled by weaker energy prices and falling interest rates anticipated in 2027.
Receive all future signals for Goldman Sachs & competitors in your briefing
Never miss material M&A deals, leadership changes, account wins, or product rollouts. Polaris7 monitors 20,000+ primary sources 24/7, delivering verified telemetry directly into your executive briefing.