Dan Ives Says Big Tech Could Rally Another 20% In 2026 – AI Trade Is Far From Over

In a post on X, Dan Ives expressed optimism about the tech sector’s momentum as new AI applications and revenue streams take shape heading into 2026.
Dan Ives speaks at BTC, ETH and WLD are Friends on September 16, 2025 in Washington, DC.
Dan Ives speaks at BTC, ETH and WLD are Friends on September 16, 2025 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Eightco Holdings (NASDAQ: ORBS) and BitMine (NASDAQ: BMNR))
Profile Image
Shivani Kumaresan·Stocktwits
Updated Dec 01, 2025   |   9:02 AM EST
Share
·
Add us onAdd us on Google
  • Dan Ives predicts technology stocks could climb roughly 20% in 2026.
  • Ives highlighted the fact that AI will expand into broader commercial uses.
  • The Nasdaq-100 Technology Sector index (NDXT) has gained over 21% year to date. 

Dan Ives, managing director at Wedbush Securities, said on Monday that Big Tech is expected to remain the dominant force in financial markets next year as investors continue to pour money into companies driving the next phase of artificial intelligence development.

In a post on X, Ives expressed optimism about the tech sector’s momentum as new AI applications and revenue streams take shape heading into 2026.

Screenshot 2025-12-01 070928.png

Another Strong Tech Rally

Ives said he anticipates another year of robust gains, projecting that major technology names could climb roughly 20% in 2026 as AI expands into broader commercial uses. The Nasdaq-100 Technology Sector index (NDXT) has gained over 21% year-to-date. 

In a previous post on the platform, Ives said he believed that as foundational AI investments mature, they may trigger what he calls an “innovation renaissance” in the U.S.

With tech giants ramping up capital expenditure to build as much AI infrastructure as possible, investors have started to worry about valuations. However, analysts, including Fundstrat’s Mark Newton, have allayed fears, stating that despite declines across leading tech names, the broader sector remains intact and is positioned for a rebound.

Update To AI 30 Winners List 

Ives also announced an update to his IVES AI 30 winner list, removing SoundHound Inc. (SOUN), ServiceNow Inc. (NOW), and Salesforce Inc. (CRM), and adding CoreWeave Inc. (CRWV), Iren (IREN), and Shopify Inc. (SHOP).

As businesses deploy AI more aggressively, investors anticipate rising earnings and stronger valuations for companies positioned at the center of these transitions.

Also See: AI Is Reshaping Wall Street Bets: Morgan Stanley Reportedly Lifts Targets For These Two Chip Giants

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Share
·
Add us onAdd us on Google
Read about our editorial guidelines and ethics policy