Investing.com – Mizuho has identified its top picks in the U.S. technology sector, highlighting opportunities in internet platforms, fintech, software, semiconductors, and enterprise services.
The firm’s picks encompass companies positioned to benefit from the adoption of artificial intelligence, cloud migration, and evolving consumer behavior. All seven stocks are rated as Top Performers, with varying catalysts and risk profiles.
1. Airbnb, Inc. (NASDAQ:ABNB) – Price target: $175
Mizuho believes investors are underestimating the opportunity in the hotel segment and the potential for sustained reacceleration in overnight stay growth.
The firm expects this to become more apparent throughout the rest of 2026 and into 2027 as Airbnb solidifies its hotel product in test markets and expands to more cities.
The company has committed to adding thousands of boutique and independent hotels across its top 20 destinations, which could contribute approximately 2 percentage points to growth by 2027.
Key catalysts include ongoing improvements to the hotel product in destinations such as New York, Paris, and London, new hires from competitors like Booking.com, and the potential visibility of an advertising model.
2. Trip.com Group Limited (NASDAQ:TCOM) – Target price: $65
Mizuho maintains a constructive view on TCOM, as the company’s strong brand recognition and comprehensive offering position it favorably to capitalize on opportunities in domestic, international, and emerging inbound travel.
The recovery in hotel revenue per available room in China bodes well for revenue growth and margin expansion, while strong inbound tourism demand positions TCOM to capitalize on long-term opportunities as China promotes its inbound tourism market.
Key catalysts include the conclusion of an ongoing investigation, growth in the average daily domestic hotel rate, and increased inbound tourism resulting from the expansion of the visa waiver monetary policy.
3. Robinhood Markets (NASDAQ:HOOD) – Target price: $115
Mizuho believes HOOD has captured the spirit of a generation thanks to its high-quality platform, engaged user base, rapid product development speed, and high operating leverage, with over 90% of operating expenses being fixed.
The company continues to roll out new products, such as retirement accounts and the Gold Card, which are gaining traction with its user base.
Next catalysts include international expansion in the UK and Europe, futures and event contracts, prediction markets, and the continued rollout of the Gold Card.
4. S&P Global Inc. (NYSE:SPGI) – Target price: $554
The firm highlights SPGI as a high-quality business, citing its commission-based business model on global debt issuance, a strong competitive advantage, consistent pricing power, and strong incremental operating leverage.
Mizuho expects Market Intelligence’s organic growth to accelerate, driven by improved execution from the new management team, the advancement of the Customer Head Office, and artificial intelligence acting as a positive revenue catalyst to unlock the company’s vast, unique data assets.
5. Micron Technology Inc. (NASDAQ:MU) – Price target: $1,375
With memory demand expected to remain strong through calendar year 2027, Mizuho views MU as a key winner with significant near-term tailwinds driven primarily by AI demand.
The company is expected to experience strong acceleration in HBM again during the current second half of 2026, primarily led by HBM4, which is already being shipped to Nvidia.
Pricing remains a key catalyst, with NAND contract prices potentially up more than 400% year-over-year, while DRAM could rise approximately 393% year-over-year.
6. Atlassian Corp. (NASDAQ:TEAM) – Price target: $145
Mizuho believes that TEAM’s two-track approach, combining next-generation technology with an enhanced suite of cloud-only products, should increasingly drive data center-to-cloud migrations over the next two to three years.
The recent end of support for data centers will further accelerate cloud migration activity.
The firm notes that more than half of Jira, Confluence, and JSM users are non-technical, while only about 35% of Jira users are developers, making the platform more resilient to AI disruption than the market assumes.
7. Oracle Corporation (NYSE:ORCL) – Price target: $320
Mizuho believes that artificial intelligence is driving exponential growth, with OCI’s differentiated bare-metal GPU clusters powering large-scale AI training with superior price-performance.
This has fueled surging demand, resulting in $638 billion in outstanding performance obligations as of the close of the fourth fiscal quarter.
The company expects AI-driven revenue growth to generate a 34% compound annual growth rate in operating income through fiscal year 2030, a significant improvement over the 3% rate recorded between fiscal years 2010 and 2020.