Top Wall Street analysts bullish on Palo Alto Networks, MongoDB, and Costco for long term
Summary
- Top-ranked Wall Street analysts, per TipRanks, favor Palo Alto Networks, MongoDB, and Costco as long-term stock picks.
- Palo Alto Networks will report fiscal first-quarter earnings on Nov. 18; cloud migration and AI adoption have raised demand for its cybersecurity offerings.
- BTIG's Gray Powell estimates MongoDB's core market at nearly $15 billion and sees AI as a tailwind rather than a risk to growth.
- Costco announced a $30-per-share special cash dividend payable Dec. 4 and reauthorized a $4 billion buyback through November 2030.
- Major indexes were volatile in the week before the article amid AI earnings, economic releases, and the scandal involving former Nvidia CEO Jensen Huang.
Reactions
- Oppenheimer's Ittai Kidron reiterated a buy on Palo Alto Networks with a $450 target, seeing upside from the CyberArk and Chronosphere acquisitions.
- BTIG's Gray Powell initiated MongoDB at buy with a $417 target, calling AI an emerging tailwind and forecasting about 24% annual revenue growth over three years.
- Oppenheimer's Rupesh Parikh reiterated a buy on Costco with a $1,160 target, calling the $30 special dividend a key catalyst he had awaited since November 2025.
- Parikh said Costco remains his top pick and sees potential for a stock split as another positive catalyst.
- The article recommended investors keep a long-term horizon despite short-term swings and track top analysts' ratings for stock ideas.
Timeline newest first
Sources newest first
Background newest first
Bank of America says these stocks have major upside potential in an uncertain market
HSBC downgrades Nvidia, says stock to struggle until new CEO named
Can a 74-Year-Old Use Costco's $30 Special Dividend to Meet a $40,000 RMD?
Costco's Regular Dividend Looks Tiny. Its Special Dividends Tell a Different Story
Costco Just Sent Shareholders a $13 Billion Signal It Has More Cash Than It Can Use. Here's What 200 Shares Collect
Buy, Sell, or Hold? Tuesday's Top Upgrades and Downgrades: Cloudflare, Deckers Outdoors, DraftKings, MongoDB, Nike, Oneok, Philip Morris International, Riot Platforms, Wix.com, and More
Costco Stock: Earnings Growth Could Shape the Next Big Move
Jim Cramer Says Costco Is Still a Great Value. Charlie Munger's Rule Explains Why
