| Written by Thomas Hughes 
If you want a 2026 watchlist built around Wall Street’s freshest momentum, start with the names on MarketBeat's Most Upgraded in 2025. Stocks on this list saw the most bullish analyst upgrades over the last year, and many have catalysts that could carry momentum forward into 2026. The common thread is straightforward: AI-driven growth is improving products, lifting demand for cloud services, and pushing analysts to revisit what these businesses could be valued at in the future. That said, “upgrades” are just inputs. The actionable step is pairing upgrade momentum with today’s analyst price targets—especially the spread between consensus and the high end—because that’s where you can see how bullish the Street is willing to get heading into 2026. Alphabet Is the Most Upgraded Stock: 20% Upside Is the Minimum Target Alphabet’s (NASDAQ: GOOGL) stock price has been on fire. The company spent 2025 reminding investors it can still set the tone for the broader AI trade. Critical details include the launch of Gemini 3, viewed as the leading large language model at year’s end; strength in Google Cloud Platform; and new revenue streams tied to proprietary semiconductor technology. Alphabet’s news stream catalyzed a robust analyst trend this year, resulting in increased analyst coverage of GOOGL stock, firming sentiment, and an uptrend in the price target. The consensus 12-month target implies the stock is fairly valued near current levels even after rising sharply over the past year, while the most bullish targets reach $385. Those targets that are the most bullish equate to 20% upside, sufficient for fresh all-time highs, and are likely to be increased as the year progresses. Regarding analyst activity in 2025, MarketBeat has tracked 119 bullish updates from 51 analysts. CrowdStrike Is Striking a Note With Its AI-Enabled Services CrowdStrike’s (NASDAQ: CRWD) stock price is trending upward due to its strong results, tied to its AI-enabled platform, aggressive acquisition strategy, and operational excellence. The company has had industry-leading growth, client acquisition, and retention, providing a strong tailwind for 2026 results. The 2026 outlook is for another 22% revenue growth and wider margins, and is likely a lowball estimate given the trends and outlook for increased cloud use in 2026. MarketBeat tracked 114 bullish analyst revisions from 52 analysts covering CrowdStrike in 2025. The year-end trend for CRWD stock is increasing coverage, firming sentiment pegged at Moderate Buy, and an uptrend in price targets that is leading this market higher. The consensus forecasts a 15% upside in 2026, while the high-end adds 30%—and will likely be increased early in the period. Snowflake Is the 3rd Most-Upgraded Stock Amid Game-Changing Year Snowflake (NYSE: SNOW) struggled in 2024 and early 2025 amid CEO issues, prompting a leadership change that reinvigorated the business. The work of the new CEO included a refocus on go-to-market strategies and product innovation to attract and retain clients, as seen in the company’s performance. The result is that growth was sustained in the high-20% range despite prior concerns, affirming the outlook for a 20% pace to be sustained. The Q3 results for the company's fiscal 2026 included a 37% increase in remaining performance obligations (RPO), suggesting growth in upcoming quarters could top 30%, spurring analysts to take action. The analyst year-end trends include increased coverage and solid support, with 43 analysts covering the stock, and a 24% upside forecast at the consensus, nearly 47% at the high end of the range. Amazon Fires on All Cylinders in 2025 Amazon’s (NASDAQ: AMZN) business is firing on all cylinders in 2025. AWS and other cloud services remain strong and are contributing a larger share of Amazon’s operating income, while the core consumer business continues to perform well. On the consumer side, growth is running in the low teens, while on the AWS side, it has accelerated into the 20% range. That is a significant achievement, considering the size of AWS and its data-center-industry-leading position. MarketBeat tracked 108 bullish updates from 61 analysts who cover AMZN stock. They rate the stock a Moderate Buy, with coverage on the rise. The consensus price target calls for 27% upside, plus almost 28% more at the high end of the range. Meta Platforms' Uptrend Is Intact The worst that can be said about Meta Platforms (NASDAQ: META) 2025 performance is that it has increased plans for AI spending in 2026. Those plans catalyzed a late-year stock price correction, but did not alter the stock's overall trend. META's price action has been driven by AI, with Meta Platforms a poster child for its adoption. Its use to date has improved operational quality while boosting traffic, ad views, and revenue per ad, resulting in sustained 20% growth and margin strength. Analyst coverage of Meta increased in 2025, while sentiment firmed, and the price target rose. This aligned with the price uptrend in place, leading the market to new highs. The price target consensus forecasts about 24% upside in 2026, with potential for an additional 45% gain at the high end of price targets.  Read This Story Online | 
