Wedbush Securities has updated its quarterly IVES AI 30 winner list, adding CoreWeave, Iren, and Shopify as new entrants for 2026. This revision, released on December 1, 2025, also saw the removal of SoundHound, ServiceNow, and Salesforce from the roster. The strategic adjustments reflect the firm’s assessment of which companies are best positioned to capitalize on the anticipated growth in artificial intelligence (AI).
According to Wedbush, the tech sector is poised for a significant rebound, with analysts projecting a 20% increase in stock prices by 2026. They attribute this forecast mainly to the ongoing AI Revolution, which is expected to drive substantial returns on investments made in AI infrastructure in 2025.
Wedbush describes the current phase of the AI Revolution as still in its formative stages, with many enterprises still figuring out optimal applications for AI technologies. This period of exploration is expected to lead to large-scale deployments as organizations refine their understanding and usage of AI.
The firm predicts that major technology players will continue to dominate market performance in 2026, while also highlighting the growth potential in secondary and tertiary AI investments. Real-world applications and monetization strategies are anticipated to play critical roles in this development.
Wedbush’s analysts maintain a robust outlook, asserting that the infrastructure investments made in 2025 will unlock new revenue streams that will extend well beyond 2026. They emphasize a clear path for AI implementation across various industries, underpinned by a multi-year capital expenditure cycle that is being characterized as the fourth Industrial Revolution.
Despite concerns from skeptics about a potential AI bubble affecting tech valuations, Wedbush dismisses these warnings, describing them as exaggerated. The firm highlights concrete factors that support its optimistic view, particularly the vast amounts of capital expected to flow into AI investments over the coming years. This ongoing spending is seen as justified by AI’s transformative potential, which is believed to sustain the current tech bull market.
The newly added companies boast diverse strengths. CoreWeave specializes in AI infrastructure, providing essential cloud computing resources for AI model training and deployment. Meanwhile, Iren focuses on digital infrastructure assets that support technology operations. Shopify, known for its e-commerce platform, is integrating more AI tools to help merchants optimize their online stores and transaction processes.
The companies that were dropped from the list, while influential in their respective niches, are moving in different directions. SoundHound is known for its voice AI technologies, ServiceNow specializes in cloud-based workflow automation, and Salesforce is a major player in customer relationship management software.
The IVES AI 30 list serves as a barometer for organizations looking to make informed decisions about AI investments, with selections based on factors such as deployment readiness and monetization potential. As enterprises continue to explore AI applications, Wedbush’s updated list reflects a dynamic market landscape where adaptability and innovation will be key to success.
In summary, Wedbush’s latest forecast not only underscores the immediate prospects for selected tech stocks but also paints a broader picture of an evolving landscape where AI stands poised to revolutionize multiple sectors. This transformation may well define the tech industry’s trajectory well into the next decade.
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