Dan Ives' 5 Top Tech Stocks for 2027 Include One That More Than Doubled

Dan Ives has highlighted Nvidia, Microsoft, Palantir, Apple, and CrowdStrike as his 5 preferred tech stocks. His view is that investors are still underestimating a $4 trillion AI spending wave.

These 5 stocks have performed quite differently in 2026. CrowdStrike has more than doubled in value since the beginning of the year, whereas Microsoft and Palantir have each risen by less than 10%.

Among Ives' Top Picks, Which Has the Most Upside?

As a partner at Yorkville Ives, Ives started covering about 50 tech firms. He posted on X that these 5 stocks are his top tech plays heading into 2027.

“We believe this is the 3rd inning of a 9-inning game, and the scale of what is now committed is the evidence,” he said.

Initiating tech coverage tonite. In our view, investors underestimating the scale and scope of this $4 trillion dollar spending wave next few years. Top 5 Tech Plays into 2027 are 1) Nvidia, 2) Microsoft, 3) Palantir, 4) Apple, 5) CrowdStrike. Tesla fav disruptive tech play 🏆🐂

— Dan Ives (@DivesTech) October 6, 2026

For Nvidia, Ives set a $300 price target, roughly 26% above its Wednesday closing price of $237.47. The stock is up 27.33% year-to-date.

According to Ives, demand for Nvidia's chips now reaches beyond the biggest hyperscalers to include sovereign AI programs and enterprises.

Microsoft has a $615 price target, about 16% above its Wednesday close of $529.76. The shares have risen 9.54% in 2026.

Ives pointed to $678 billion in commercial remaining performance obligations (RPO), representing contracted income not yet recognized. Excluding OpenAI, that RPO grew 25%.

Palantir has the largest discrepancy to its target. The $250 target is approximately 29% above Wednesday's $194.12 close, following a 9.21% gain in 2026. Apple, which has gained 23.84% this year, rounds out the list. Ives had earlier set a $400 target for Apple.

Why Ives Believes AI Agents Will Expand Security Budgets

Ives' cybersecurity bet is focused on agentic AI, software that independently performs tasks for businesses and consumers. He contended that these agents have expanded the attack surface more quickly than security budgets.

He predicts security spending will rise from about 5% of IT budgets to nearly 10% over the coming three years.

CrowdStrike, Ives' cybersecurity selection, has a $335 target, about 26% above its Wednesday close of $265.44. The stock dropped 4.81% on Wednesday but is still up 126.50% for the year.

Ives noted that Anthropic and OpenAI are now marketing themselves as cybersecurity firms. He said this poses a threat to incumbents while also boosting demand for their products.

“The frontier labs have essentially created a golden age for cybersecurity companies by doing this,” he noted.

Ives anticipates that the benefits of AI spending will broaden across the economy. He also assigned targets to two less familiar companies.

Boost Run, a cloud equipment provider, has a $24 target from Ives, about 75% above its Wednesday close of $13.75. Serve Robotics, which operates sidewalk delivery robots, has an $8 target, nearly 72% above its $4.66 close.

But Temasek's investment chief cautioned on Wednesday that an unwinding of AI trades represents the greatest danger to global markets.