Wedbush has reconstructed the AI Revolutionaries Index: who will be the market favorite in 2026
Fears of an AI bubble are exaggerated, Wedbush analysts say 2026 will be a "strong year" for the technology, according to them
The list of companies that Wedbush CEO Dan Ives believes should "lead the revolution in artificial intelligence" has been expanded to include three new companies. And lost three more. Ives himself announced the update of the IVES AI 30 index before the start of 2026 in social network X.
Details
The Wedbush index was enriched with shares of cloud provider CoreWeave, securities of mining company Iren, as well as shares of e-commerce platform Shopify. On the contrary, SoundHound, a service with voice AI capabilities, ServiceNow, a platform for managing automated business processes, and Salesforce CRM service were excluded from the IVES AI 30.
"We believe 2026 will be another strong year for the technology sector, where the AI revolution will remain at the center of attention. The AI infrastructure that is actively taking shape in 2025 will create transformational monetization opportunities in 2026 and beyond," SeekingAlpha quoted analysts led by Daniel Ives as saying.
The AI revolution, experts believe, is still in its early stages. In their opinion, more and more enterprise customers and CIOs are now realizing the role AI will play in their organizations. All of this should drive the next wave of large-scale adoption of AI strategies, Wedbush believes.
"In our view, large technology companies will remain the driving force behind the market in 2026. <...> We expect the technology sector to grow by another 20% or so when the next phase of the AI revolution gains full momentum," Ives and his team said, noting that they estimate all of this will happen in 2026.
"AI Bubble."
The analysts also noted that fears of an AI bubble are exaggerated. Wedbush expects next year to be a "strong year for technology".
"While the bears are screaming about the AI bubble, we point to an investment super-cycle in the tech sector," the experts observed, emphasizing that this trend is what they believe will be the "driving force behind the fourth industrial revolution in the coming years." "This will lead to trillion-dollar investments and will support the growth of the tech market, despite investors' concerns," Wedbush believes.
On December 1, Salesforce shares rose 1%, CoreWeave added 0.8%, and ServiceNow rose 0.4%. Iren fell 2.6%, Shopify fell 2.4%, and SoundHound also fell 2.4%.
This article was AI-translated and verified by a human editor
