Ratings Weekly | CoreWeave, Oracle, Rivian, Coinbase, Nike, Tesla, Nvidia, Apple, and More

What has Wall Street been buzzing about this week? Here are calls made by Wall Street's best analysts during the week of Dec. 15-19.

1. CoreWeave

Citigroup resumes CoreWeave at buy

Citi resumes research coverage of CoreWeave and says it sees “robust demand.”

“We are Renewing Coverage after a restricted period with a $135 target price.”

2. Oracle

Citizens JPM reiterates Oracle as market outperform

The firm says it’s sticking with shares of Oracle after reports Blue Owl Capital was pulling funding for a data center.

“We maintain our Market Outperform rating and $342 price target on Oracle Corporation after: on December 17 a Financial Times article stated that “Blue Owl Capital will not back a $10B deal for its next facility” and that ’Blue Owl had been in discussions with lenders and Oracle about investing in the planned 1 gigawatt data center being built to serve OpenAI in Saline Township, Michigan.”

3. Rivian

Wedbush reiterates Rivian as outperform

Wedbush raised its price target on shares of Rivian

“We are raising our price target of RIVN from $16 to $25 while maintaining our OUTPERFORM rating as 2026 represents a significant year for the company with the launch of R2 in 1H26 expected to drive improving delivery metrics...”

Baird upgrades Rivian to outperform from neutral

Baird is bullish on the company’s launch of the R2 model in 2026.

“We are upgrading RIVN to Outperform as we move into 2026 which is the year of the R2 launch.”

4. Coinbase

Deutsche initiates Coinbase as buy

Deutsche says the stock is undervalued.

“We see COIN shares as being oversold on the recent crypto pullback w/new growth initiatives being underappreciated.”

5. Tesla

Deutsche Bank reiterates Tesla as buy

Deutsche raises its price target to $500 per share from $470 ahead of Tesla’s deliveries report.

“We expect Tesla’s 4Q25 deliveries to track below consensus expectations and our previous estimate due to lower volume from the US and to some extent China.”

UBS reiterates Tesla as sell

UBS says it’s sticking with its sell on the EV maker heading into 2026.

“TSLA: Elon Musk has clearly pivoted the company away from EVs and towards AI ventures such as robo-taxi and humanoid robots.”

6. Apple

Morgan Stanley reiterates Apple as overweight

The firm says its checks show Apple’s iPhone 17 demand remains robust.

“Preliminary C1Q26 iPhone builds at 56M (+12% Y/Y) shows sustainability in iPhone 17 demand.”

MoffettNathanson reiterates Apple as neutral

The firm says it’s sticking with its neutral call on the iPhone maker heading into next year.

“As we enter 2026, one of those risks is already clear; a huge spike in memory costs threatens Apple’s margins – we estimate memory to be about 10% of Apple’s bill of materials and memory costs are up roughly 50% – or, if they pass through the increase in higher prices, then it threatens sales volumes.”

7. Lockheed Martin

JPMorgan downgrades Lockheed Martin to neutral from overweight

The bank says it sees too many headwinds for the defense contractor.

“LMT has underperformed this year and perhaps we’ll regret not sticking with a less popular call for longer, but with our out-year cash flow estimates below consensus, we are moving to the sidelines.”

8. Nike

Goldman Sachs reiterates Nike as buy

Goldman says it’s keeping with a buy on shares of Nike, but has concerns after its earnings report Thursday.

“We step away from the quarter incrementally cautious on the timeline and cadence of recovery at NKE.”

9. Nvidia

Bernstein reiterates Nvidia as outperform

Bernstein urges investors to remain calm and says it’s standing by the stock.

“While we understand some of the AI angst that has affected the sector lately, we believe Nvidia is set up well into the new year.”

Truist reiterates Nvidia at buy

The bank raised its price target to $275 per share from $255 on top idea Nvidia.

“In this construct, we favor Buy-rated AI infra companies NVDA, AMD, and AVGO, and derivatives MPWR, TTMI, APH, & MTSI.”

10. D-Wave Quantum

Jefferies initiates D-Wave Quantum at buy

Jefferies says shares of the quantum computing company have more room to run.

“D‑Wave is positioned to benefit from ecosystem tailwinds that are lifting sentiment and usage across quantum architectures.”