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  4. 5G growth, record Tesla deliveries, and streaming war fallout: These are one stock analyst's top 10 predictions for tech in 2020

5G growth, record Tesla deliveries, and streaming war fallout: These are one stock analyst's top 10 predictions for tech in 2020

10. Google may make a strategic cloud acquisition

5G growth, record Tesla deliveries, and streaming war fallout: These are one stock analyst's top 10 predictions for tech in 2020

9. AB5 will be a "gut punch"

9. AB5 will be a "gut punch"

"AB5 California legislation will be a major 'gut punch' to the Gig Economy," Ives wrote Monday.

He continued: It will "throw a major wrench in the business models of Uber, Lyft, DoorDash, Postmates, and other players once passed (with all eyes on the impending court battle)."

Ives has an "outperform" rating and a price target of $45 on shares of Uber, and he has an "outperform" rating and a price target of $75 on Lyft.

Source: Wedbush

8. FAANG will further expand

8. FAANG will further expand

"FAANG tech stalwarts such as Google, Amazon, and Apple further expand into healthcare and banking verticals through both organic as well as acquisitions to broaden their monetization engines and consumer product footprint," Ives wrote.

Source: Wedbush

7. It could be the end of Uber Eats

7. It could be the end of Uber Eats

"Uber will need to significantly curtail/possibly shut down Uber Eats given the lack of profitability and competitive headwinds in this business segment," Ives wrote.

Ives has an "outperform" rating and a price target of $45 on shares of Uber.

Source: Wedbush

6. Cybersecurity will consolidate

6. Cybersecurity will consolidate

According to Ives, "2020 will be the year of consolidation in cyber security as we believe both financial and strategic buyers will be aggressively looking at acquiring public/ private vendors."

Ives has "outperform" ratings on CyberArk Software, Palo Alto Networks, VMware, and Zscaler. His price targets for the companies are $145, $275, $210, and $80, respectively.

Source: Wedbush

5. There will be winners and losers in the streaming wars

5. There will be winners and losers in the streaming wars

"The streaming wars will result in clear winners/losers with Disney and Iger the juggernaut that will help disrupt 10%+ of Netflix's installed base," Ives wrote in the Monday note.

Ives has an "underperform" rating and a price target of $188 on Netflix.

Source: Wedbush

4. Microsoft will beat Amazon in cloud

4. Microsoft will beat Amazon in cloud

According to Ives, in 2020, "MSFT/Nadella will win the next stage of the cloud war vs. Bezos/Amazon."

Ives has an "outperform" rating and a price target of $2,000 on shares of Amazon, and an "outperform" rating and a price target of $185 on Microsoft.

Source: Wedbush

3. Tesla will be successful in China

3. Tesla will be successful in China

"Tesla will find success in China with Giga 3 and potentially hit the key 100k delivery number quicker than the US/Europe trajectory and be a demand tailwind," Ives wrote.

Ives has a "neutral" rating and a price target of $370 on shares of Tesla.

Source: Wedbush

2. There will be regulatory fines for FAANG

2. There will be regulatory fines for FAANG

Ives predicts that in 2020, "FAANG regulatory headwinds will result in fines, but NO business model changes."

Ives has "outperform" ratings on Facebook (price target $250), Apple (price target $350), and Amazon (price target $2,000). He has an "underperform" rating on Netflix (price target $188).

Source: Wedbush

1. 2020 is about the "5G Super Cycle"

1. 2020 is about the "5G Super Cycle"

"2020 will be the year of the '5G Super Cycle,'" Ives wrote in a Monday note, "and Apple will be the clear winner."

Ives has an "outperform" rating and $350 price target on shares of Apple.

Source: Wedbush


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