Hiding under the radar: the analysts’ new bet for 2026

These are some of the prominent recommendations:

Cantor: Treasury companies | Bitmine and Sharplink holding Ethereum

The year 2025 initially marked a rally year for cryptocurrencies, but ended with a 6.3% price drop in Bitcoin and 11% in Ethereum. At Cantor, they recognize an opportunity in two treasury companies that own Ethereum, and begin to cover them with “excess yield” recommendations: this is the Bitmine stock, whose target price they give, $39, reflects a 20.6% premium over the market price, and the Sharplink stock, which receives a target price of $15, which is 45.1% higher than the price on the Nasdaq.

Treasury Companies focus on the purchase and holding of digital assets, and in the last year the number of these companies has increased and has become a prominent trend on Wall Street. Cantor points out that treasury companies provide institutional entities with access to the market without holding the currencies directly.
Bitmain was issued a year ago and jumped in 2025 by 239% to a value of 13.8 billion dollars, and Sharplink increased by 16.4% to a value of 2 billion dollars. The Kantor analysts write about Bitmain that “bigger is better”: according to them, treasury companies need to raise capital (for the purpose of purchasing digital assets) and apart from Strategy (which is the most prominent and veteran company in the field) there is no other company that succeeds in this as Bitmain. They point out that the stock is very tradable, and that the company currently owns $12 billion worth of Ethereum. “We like the risk/opportunity ratio,” they wrote.

At Sharplink, they favorably note the management experienced in crypto, as well as the fact that the company is currently trading at a 23% discount on the value of its ethereum – which in their opinion is an attractive entry point for investment.

Oppenheimer: Cyber ​​Security | Okta and Zscaler, and also the data company JFrog from Israel

Boffenheimer selects their favorite stocks in the field of data and cyber security for 2026, recommending among others the two cyber security companies Okta and Zscaler. Both receive an “outperform” recommendation with target prices that reflect a high double-digit premium: in Okta the target is $120, a premium of 32.8%, and in Zscaler the price is $345, reflecting a premium of 55.4%. Okta’s market value is $16 billion, after a relatively modest 9.7% increase in the stock in 2025, and Zscaler is trading at $35.4 billion after a 25.7% increase.

At Oppenheimer, they note that although the current sentiment in the market towards Okta is negative, the stock is their preferred choice (Top Pick). They estimate that the cyber company is in a good position with double-digit growth potential in 2026, thanks, among other things, to new products and growing demand in the field of AI agent security.

Zscaler is also Oppenheimer’s Top Pick, thanks to its growth engines and recent acquisitions that strengthen its platform, along with its attractive valuation.

At the same time, Oppenheimer mentions other recommended stocks in the cyber and data fields: MongoDB, which provides a cloud-based platform for data management, and Snowflake, whose platform is designed for data management in the cloud. JFrog from Israel is also mentioned as one of the prominent stocks in the field and is recommended with “excess yield”.

Jefferies: Major American Banks | Morgan Stanley and Goldman Sachs

The report season for the fourth quarter and for the entire year 2025 will officially open next week, with the publication of several reports from major banks, including Morgan Stanley and Goldman Sachs. Ahead of the reports, the investment bank Jefferies raised the target prices for the shares of both banks and left both with “buy” recommendations. Goldman Sachs’ target price rose from $898 to $1,087, 13.8% higher than the stock price in New York, and Morgan Stanley’s target price rose from $186 to $212, a 12.9% premium.

The shares of the two banks soared in double digits in 2025, of 57.6% in Goldman Sachs and 45.2% in Morgan Stanley. Jefferies’ increase in target prices for the shares comes amid expectations that the fourth quarter 2025 reports will reflect another strong quarter of trading. They also mention that there was a fairly strong quarter in the mergers and acquisitions market and note a number of large deals that were closed during it, and that the banks will benefit from payments for them as consultants to the companies. Both in the case of Goldman Sachs and in the case of Morgan Stanley, Jefferies expects that the net profit per share in the fourth quarter reports will be higher than the current analyst consensus.

Bank of America: Language Learning App | Duolingo, but also Walt Disney

Duolingo’s stock was among the disappointing stocks in 2025, when, contrary to the general trend in the markets, it fell this year by 45.9%, among other things due to financial results and forecasts that disappointed investors.

Duolingo, an application for learning languages, is currently traded on Nasdaq according to a market value of 8.3 billion dollars, and Bank of America recognizes it as an investment opportunity. Therefore, there they raise the recommendation for the stock from “neutral” to “buy”, while they update the target price to 250 dollars, which reflects a 39.7% premium on the current price.

According to the bank’s economists, the framing of Duolingo as an educational application misses the opportunities and value hidden in it as an entertainment application. “Through games, Duolingo is a super gaming application with the potential to become one of the biggest in the field,” they estimate. According to them, Duolingo’s value proposition as an entertainment product is not reflected in the growth forecasts. The bank’s economists mention that the company offers over 150 language courses alongside chess, music and math studies, which were added and expand the scope of the market to which the company is targeting.

Another recommended stock of Bank of America is the entertainment giant Walt Disney, which trades at a value of 206 billion dollars after a modest increase of 3.3% in the stock in 2025. The bank is setting a target price of $140 for Walt Disney, which is 22.2% higher than the current share price in New York.