Retail traders on Reddit’s WallStreetBets forum have a tendency to identify high-risk bets and short-squeezes. In addition, they don’t shy away from expressing their unique views on stable businesses that are also popular among institutional investors. There have been some concerns around how bullish retail traders are in the current environment, with Charles Schwab Corporation recently publishing the results of its Q1 2026 Trader Sentiment Survey on February 26.
The press release noted that 52% of traders consider themselves bullish, down from 57% in the previous quarter. Most traders turned bullish on commodities, but areas like AI stocks and growth stocks continue to see a bullish stance from more than 50% of the traders.
Trader sentiment continues to lean positive overall, though a stronger sense of caution is emerging—particularly among younger traders—alongside ongoing concerns that valuations have run too far.
Despite this cautious undertone, retail traders continue to drive interest in the stock market, which is why understanding their sentiment is important. We decided to shortlist the 11 best WallStreetBets stocks to buy according to analysts, to identify trending stocks with institutional interest and high potential upside.
Our Methodology
To come up with our list of 11 best WallStreetBets stocks to buy according to analysts, we first compiled a list of stocks that were currently trending on the WallStreetBets Reddit forum. We then selected the top 11 stocks most popular among hedge funds and ranked them in ascending order of their potential upside, according to CNN’s compilation of analyst ratings data.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Note: All share price data in the article is as per market close on March 2.
11. Lucid Group, Inc. (NASDAQ:LCID)
On February 25, Tom Narayan of RBC Capital maintained his Hold rating on the Lucid Group, Inc. (NASDAQ:LCID) stock, assigning a price target of $10. This comes after the company announced on February 20 that it was planning to cut around 12% of its workforce. This move is part of the company’s broader efforts to improve profitability. LCID is ramping up production of its Gravity SUV and is also preparing to launch a $50,000 mid-sized EV before the end of the year.
The California-based automaker said that the job cuts are intended to optimize resources and improve operational effectiveness.
According to a memo seen by Reuters, CEO Marc Winterhoff said:
We are streamlining our organization so we can operate with greater efficiency and deliver on our commitments to gross margin improvement and long-term growth.
The layoff could affect more than 800 employees, although those in logistics, manufacturing, and quality are reportedly not affected. The company also confirmed that it will support affected employees by providing continued health benefits, severance packages, and transition assistance during this period. However, it did not disclose the total costs associated with the workforce reductions.
Prior to the layoff announcement, Tom Narayan had reiterated a Hold rating while lowering the firm’s price target on Lucid Group, Inc. (NASDAQ:LCID) from $20 to $14 on January 13.
Lucid Group, Inc. (NASDAQ:LCID) manufactures, designs, engineers, and sells EV powertrains, electric vehicles (EV), and battery systems. The company is a subsidiary of Ayar Third Investment Company and is based in Newark, California.
10. Tesla, Inc. (NASDAQ:TSLA)
On March 2, Tesla, Inc.’s (NASDAQ:TSLA) February sales were reported in a handful of European markets. In Portugal, the company’s sales went up by more than 100% compared to the same period last year. France saw sales rise by 55%. Other key markets like the UK and Germany are set to report this week as well.
On February 20, Tesla, Inc. (NASDAQ:TSLA) announced the launch of a more affordable version of its Cybertruck in the United States. The dual-motor all-wheel-drive model is priced at $59,990, making it the cheapest option in the lineup so far. At the same time, the company also cut the price of its high-end Cyberbeast model from $114,990 to $99,990 based on the pricing listed on its website.
While Tesla, Inc. (NASDAQ:TSLA) continues to introduce new products, it is also facing legal challenges. On February 20, a federal judge rejected the company’s attempt to overturn a $243 million jury verdict tied to a fatal Autopilot crash in Florida. This decision marked a major setback for the automaker as it is facing a growing number of lawsuits related to its driver-assistance technology. U.S. District Judge Beth Bloom in Miami said that the evidence presented during the trial strongly supported the jury’s decision. For investors, this means the regulatory headwinds that the company often faces in terms of public safety aren’t going away anytime soon.
Tesla, Inc. (NASDAQ:TSLA) is a developer, manufacturer, designer, lessor, and seller of electric vehicles and energy generation and storage systems. The company operates across China, the United States, and globally. It operates through the Automotive and Energy Generation and Storage segments.
9. Alphabet Inc. (NASDAQ:GOOGL)
On March 2, Bank of America Securities analyst Justin Post reiterated his Buy rating for Alphabet Inc. (NASDAQ:GOOGL) and a price target of $370. The stock took a breather in February after a stellar run in 2025. Alphabet has a pivotal role to play in fulfilling the data center needs for AI. The company is aiming to strengthen its position relative to Nvidia by taking steps to expand the market for its AI chips, including providing more financial support to data-center partners. The Wall Street Journal’s Raffaele Huang, Kate Clark, and Berber Jin reported on February 20 that Google is in talks to invest $100 million in cloud startup Fluidstack as part of a deal that values the company at $7.5 billion. The company is also planning to provide support to other data-center partners.
On February 19, Alphabet Inc. (NASDAQ:GOOGL) introduced the latest update to its flagship Gemini artificial intelligence, unveiling Gemini 3.1 Pro. The new model is now available to developers through the Gemini CLI, Gemini API in Google AI Studio, the agentic development platform Google Antigravity, and Android Studio. Consumers can access it in the Gemini app and NotebookLM, while enterprises can use it through Vertex AI and Gemini Enterprise.
As published on Alphabet Inc.’s (NASDAQ:GOOGL) website:
Building on the Gemini 3 series, 3.1 Pro represents a step forward in core reasoning. 3.1 Pro is a smarter, more capable baseline for complex problem-solving. This is reflected in our progress on rigorous benchmarks. On ARC-AGI-2, a benchmark that evaluates a model’s ability to solve entirely new logic patterns, 3.1 Pro achieved a verified score of 77.1%. This is more than double the reasoning performance of 3 Pro.
Alphabet Inc. (NASDAQ:GOOGL) provides a range of products and platforms across the United States, Canada, Latin America, Africa, Europe, the Asia-Pacific, and the Middle East. The company operates in the Google Cloud, Google Services, and Other Bets segments. It was founded in 1998 and is based in Mountain View, California.
8. Tilray Brands, Inc. (NASDAQ:TLRY)
On February 26, Tilray Brands, Inc. (NASDAQ:TLRY) reported that Good Supply, one of the company’s prominent cannabis brands, had launched its spring product lineup. The move is aimed at fulfilling the demand for high-quality flavored products across the company’s product range. The development follows TLRY’s progress in the beer distribution business. On February 18, the firm announced that it had signed an exclusive licensing agreement with the Danish brewer Carlsberg Group. The deal allows Tilray to produce and distribute multiple Carlsberg beer brands across the United States, starting January 1, 2027. Under the agreement, the company will have a multi-year license to market, manufacture, distribute, and sell Carlsberg Elephant, 1664, Carlsberg, and Kronenbourg 1664 Blanc across all sales channels in the United States.
Irwin D. Simon, Chairman and CEO of Tilray Brands, Inc. (NASDAQ:TLRY), said in a press release:
This partnership brings together two highly complementary organizations and underscores the strength of Tilray’s beverage platform.
The deal is set for an initial period of five years. If specific performance targets are achieved, it can automatically renew for an additional five years. The company plans to use its sales and marketing team, brewing facilities, and commercial expertise in the United States to locally produce these beers. The agreement is expected to strengthen Tilray’s position in the U.S. beer market.
Chief Growth Officer of Tilray Beverages, Prinz Pinakatt, commented:
Carlsberg’s portfolio aligns well with Tilray Beverages’ expanding platform… We are excited about the potential to create significant long-term value for both companies.
Tilray Brands, Inc. (NASDAQ:TLRY) operates as a lifestyle consumer products company. The company is engaged in the processing, research, distribution, and cultivation of medical cannabis products. It operates in the Middle East, the United States, Canada, Africa, Europe, and around the world.
7. Amazon.com Inc. (NASDAQ:AMZN)
On March 2, Amazon.com Inc.’s (NASDAQ:AMZN) business unit Amazon Data Services bought the George Washington University’s Virginia campus for Science and Technology for a sum of $427 million, as per an announcement made by the university. This acquisition is another step towards Amazon’s plan of investing $35 billion in Virginia by 2040.
On February 18, Bernstein analyst Mark Shmulik reiterated a Buy rating on Amazon.com Inc. (NASDAQ:AMZN) with a price target of $265. The firm’s price target reflects an additional 27% upside from the current levels. This upside is consistent with the median Wall Street analyst estimate based on 72 analysts’ estimates.
Amazon.com Inc. (NASDAQ:AMZN) has officially become the world’s largest company by revenue, surpassing Walmart following its Q4 earnings report. This marks an important milestone for the company as Walmart has held the top position on the Fortune 500 list for 13 consecutive years.
Amazon.com Inc. (NASDAQ:AMZN) operates across e-commerce, digital content, advertising, and cloud computing. Its online and offline stores offer both in-house and third-party products, while its Amazon Web Services (AWS) division runs one of the world’s largest data center networks.
6. Carvana Co. (NYSE:CVNA)
On February 20, Citi analyst Ronald Josey maintained a Buy rating on Carvana Co. (NYSE:CVNA) while lowering the firm’s price target from $550 to $465. According to the firm, the downward price target adjustment is due to the increased market volatility following the company’s earnings report. Citi also believes that the company’s outlook for the first quarter and for the full-year 2026 will be cautious. The analyst said that the firm would consider buying the stock if it experiences any weakness in the short term.
In addition to Citi, UBS also reduced its price target on Carvana Co. (NYSE:CVNA) from $545 to $485 on February 20 while keeping a Buy rating. The analyst said that the company missed its Q4 EBITDA expectations due to higher reconditioning costs, which are considered temporary. However, in the short term, retail GPU and EBITDA per unit are projected to stay flat or slightly decline compared with the last year.
Carvana Co. (NYSE:CVNA) operates an e-commerce platform for buying and selling used cars. The company is based in Tempe, Arizona, and was founded in 2012 by Ernest Garcia III, Benjamin Huston, and Ryan Keeton.
5. SoFi Technologies, Inc. (NASDAQ:SOFI)
According to a report released on February 18, Truist Financial analyst Matthew Coad reaffirmed a Hold rating on SoFi Technologies, Inc. (NASDAQ:SOFI). He lowered the firm’s price target on the stock from $28 to $21. The firm’s revised price target reflects an additional 18.2% upside from the current levels.
Earlier, SoFi Technologies, Inc. (NASDAQ:SOFI) had already seen improving analyst sentiment prior to the rating. On February 9, Citizens JMP analyst Devin Ryan upgraded the stock from Market Perform to Outperform while keeping the firm’s $30 price target. The firm’s price target implies a further 66% upside from current levels, given a 35% YTD fall so far.
According to the firm, the recent shift away from high-growth stocks has weighed on names like SoFi Technologies, Inc. (NASDAQ:SOFI). The firm said that the selloff is not mainly driven by short-term economic concerns, but rather by technical factors and market style changes. Citizens view it as a buying opportunity for investors.
SoFi Technologies, Inc. (NASDAQ:SOFI) operates as a financial services provider across Canada, the United States, Hong Kong, and Latin America. The company operates in the Technology Platform, Lending, and Financial Services segments. It provides the SoFi Credit Card, SoFi Relay, SoFi Protect, SoFi Travel, SoFi At Work, Lantern Credit, and others.
4. NVIDIA Corporation (NASDAQ:NVDA)
On March 2, Wedbush raised NVIDIA Corporation’s (NASDAQ:NVDA) price target from $230 to $300. It maintained the previous Outperform rating on the stock. The main reason for raising the price target was the earnings report on February 25. Analysts were bullish on the stock even prior to the Q4 earnings. For instance, Oppenheimer analyst Rick Schafer reaffirmed his Buy rating and price target of $265 for NVIDIA Corporation (NASDAQ:NVDA) on February 19.
In addition to Oppenheimer, RBC Capital also issued an update on the semiconductor giant on February 18. Srini Pajjuri from RBC Capital reiterated a Buy rating on the stock, along with the price target of $240. Both analyst updates anticipated a strong Q4 earnings report, which the company eventually delivered. Analysts also pointed out that competitive pressure from Broadcom and Advanced Micro Devices continues to rise, so an earnings beat is likely a signal that Nvidia is succeeding in keeping competition at bay.
NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.
3. Microsoft Corporation (NASDAQ:MSFT)
Stefan Slowinski, an analyst at BNP Paribas, commented on February 27 that OpenAI’s recent funding round, which values the company at $840 billion, is a positive for partners like Microsoft Corporation (NASDAQ:MSFT). Famous investor Michael Burry is a vocal critic of OpenAI and has raised questions about the company’s ability to fund its progress. This development will ease investor concerns, especially as MSFT has a 27% equity stake in Sam Altman’s firm.
Elsewhere, analysts remain bullish on the stock. Tyler Radke from Citi reaffirmed a Buy rating with a price target of $635 on Microsoft Corporation (NASDAQ:MSFT) on February 20. The analyst explained that the major reasons behind its rating were the continued strength in the Azure cloud business and strong momentum in Copilot.
The analyst made these comments after meeting with Microsoft’s investor relations team. He commented:
The meetings offered positive takeaways, with management addressing several investor concerns around competitive dynamics (Claude/CoWork), MSFT positioning post-OpenAI, capacity allocation, and capex trajectory.
Radke is convinced that copilot adoption is improving and has now become a major growth driver in Microsoft 365 Commercial. Azure’s growth is still limited by capacity constraints. He projects Azure margins to remain stable over the long-term.
Another major update came on the same day, as Microsoft Corporation (NASDAQ:MSFT) and CrowdStrike expanded their existing partnership. The expansion allows companies of all sizes to purchase CrowdStrike’s Falcon platform directly through the Microsoft Marketplace. According to the announcement, customers can use their existing Microsoft Azure spending to buy CrowdStrike’s signature cybersecurity platform.
Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.
2. Peloton Interactive, Inc. (NASDAQ:PTON)
Peloton Interactive, Inc. (NASDAQ:PTON) continues to be popular among Reddit traders, who are drawn to its stock price volatility. Currently, the stock has a median upside potential of 49.25% based on ratings from 19 analysts. The highest assigned price target is $10, which implies 148.76% upside from here.
On February 10, Argus Research analyst John Staszak downgraded Peloton Interactive, Inc. (NASDAQ:PTON) from Buy to Hold without disclosing any price target. The firm pointed to strong competition from both traditional gyms and other at-home fitness providers, which has led to a decline in the company’s subscriptions since the pandemic ended. The analyst said that this pressure is expected to continue in the short term.
Despite these challenges, the firm believes Peloton Interactive, Inc. (NASDAQ:PTON) can eventually regain its position as a leader in the at-home fitness industry. Moreover, Argus analysts note that the company’s online cycling classes, which were once very popular, appear to be attracting less interest from users.
In contrast to Argus Research, Roth MKM appears to have a more positive view of Peloton Interactive, Inc. (NASDAQ:PTON). On February 6, George Kelly from Roth MKM maintained a Buy rating along with the price target of $10 on the stock.
Peloton Interactive, Inc. (NASDAQ:PTON) operates as a provider of wellness and fitness products and services across North America and globally. It provides connected fitness products, including Peloton Tread, Peloton Bike, Peloton Tread+, Peloton Bike+, and Peloton Row. The company is based in New York, New York, and was incorporated in 2012.
1. Advanced Micro Devices Inc. (NASDAQ:AMD)
On March 2, Advanced Micro Devices Inc. (NASDAQ:AMD) revealed its new Ryzen AI 400 Series and the Ryzen AI PRO 400 Series chips. These new AI processors will be instrumental in powering on-device AI acceleration, especially those for high-performance laptops and PCs. Jack Huynh, the senior vice president and general manager of Computing and Graphics Group, explained how the new chips will help fulfill the demand for intelligent AI assistants:
“The desktop PC is evolving from a tool you use to an intelligent assistant that works alongside you. With the Ryzen AI 400 Series processors – the world’s first designed to power new Copilot+ experiences on the desktop – we’re bringing powerful AI acceleration that enables our partners to build systems that empower both enterprises and consumers to do more and create more.”
According to a February 19 report, Advanced Micro Devices Inc. (NASDAQ:AMD) is also stepping in to support a $300M loan for data center company Crusoe. The loan will be used to deploy AMD’s artificial intelligence accelerators in an Ohio data center. The report said that the loan is being provided by Goldman Sachs (GS). And it will be secured by AMD’s AI accelerators and related equipment, according to the source familiar with the matter.
Moreover, if Crusoe cannot find customers for the chips, Advanced Micro Devices Inc. (NASDAQ:AMD) will rent them from the data center company.
Advanced Micro Devices Inc. (NASDAQ:AMD) is a leading semiconductor company specializing in high-performance computing and graphics solutions. Its broad product portfolio includes microprocessors, graphics processors, and system-on-chip (SoC) solutions designed for data centers, gaming, and embedded systems.
While we acknowledge the potential of AMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMD and that has 100x upside potential, check out our report about this cheapest AI stock.
READ NEXT: Goldman Sachs Value Stocks: 10 Stocks to Buy and 40 Most Popular Stocks Among Hedge Funds Heading Into 2026.
Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
