Top Calls on Wall Street: Nvidia, SpaceX, Apple, Pinterest, AMD, Arista Networks & More

Here are Wednesday’s biggest calls on Wall Street:

Melius reiterates Nvidia as buy

Melius says Nvidia is a SpaceX beneficiary.

“Elon Musk may have just increased Nvidia’s revenue visibility for 2027 and beyond to the upside. On SpaceX’s earnings call, Musk stated that SpaceX has decided to exclusively use Nvidia compute and suggested the company could deploy closer to 8GW of AI compute during 2027.”

Bank of America reiterates SpaceX as buy

The firm said it was pleased with the company’s first public earnings report.

“We acknowledge SpaceX’s (SPCX) strong 2Q print, its first as a public company. SPCX beat expectations across topline and profitability metrics, and we see the company’s reporting and communication as constructive.”

UBS reiterates Apple as neutral

UBS says its checks show flat Apple App Store revenue.

“Our analysis of Sensor Tower data indicates that global App Store revenue was essentially flat FX neutral (FXN) in the month of July, slightly lower than the ~2% growth in June‑26 quarter.”

Goldman Sachs reiterates Pinterest as buy

Goldman says the stock is gaining momentum.

“Pinterest’s Q2′26 earnings report reflected several key themes/narratives in our view: better‑than‑expected revenue performance in Q2 driven by accelerating growth in UCAN, continued strength in user growth and engagement, and improving advertiser demand across conversion and consideration objectives...”

Bank of America reiterates Advanced Micro Devices as buy

Bank of America says it’s sticking AMD following earnings.

“We reiterate Buy, and raise our estimates on AMD as we believe the company is well set for top‑line growth acceleration to +77% YoY in CY27E from +47% YoY.”

Bank of America reiterates Arista Networks as buy

The firm says Arista is “firing on all cylinders.”

“Strong 2Q26 results with an impressive 38% revenue growth above Street’s 28% YoY, and the momentum continuing into 3Q/4Q with 43% revenue growth per quarter versus Street’s 28% and 26%, respectively.”

Deutsche Bank upgrades Coupang to buy from hold

Deutsche says Coupang shares are compelling now following earnings.

“Rebuild costs are hurting - but enough value now exists - lifting to BUY.”

Citi downgrades Burlington to neutral from buy

Citi downgraded the stock on valuation.

“We are downgrading BURL from Buy to Neutral as it is within 5% of our target price and risk/reward no longer skews to the upside.”