(News Bulletin 247) – Dan Ives, the analyst at the investment company Wedbush in charge of the technology sector, delivered his 10 “Christmas gift” forecasts for next year.

Known for his unwavering optimism and colorful outfits (the New York Post called him “the best-dressed man on Wall Street”), Dan Ives is probably one of the star analysts of the New York Stock Exchange, at least on the media plan.

Regularly invited to television sets, the analyst in charge of tech at Wedbush undertakes a fairly difficult exercise every December: delivering 10 bold (but not unrealistic) forecasts for the following year. What he calls “Christmas gifts”. Dan Ives announced those for 2025 this week. There are ten of them, some are more interesting than others.

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Another 50% potential for Tesla?

The analyst notably sees technology stocks increasing by around 25% next year. Which would still mean a strong increase as the Nasdaq Composite gains 32.2%

since the start of the year and this week crossed the threshold of 20,000 points, for the first time in its history.

It is especially its market capitalization forecasts that impress. Particularly regarding Tesla. Dan Ives estimates that the manufacturer specializing in electric vehicles can reach 2,000 billion valuations by the end of 2025.

To give an idea, Tesla currently has a market capitalization of around $1.36 trillion. Which means that the stock should still increase by more than 45% by December 2025 (compared to an increase of 72.2% in 2024, for now). Tesla stock has recently benefited from expectations of favorable measures from the Trump administration, which is due to return to the White House on January 20.

Investors estimated that Donald Trump could reduce or even eliminate American aid favoring purchases of electric vehicles. This would weaken other electric manufacturers but would strengthen Tesla, which, with its large size and already acquired profitability, would see its competitive advantage reinforced. In addition, measures favorable to the development of autonomous vehicles, an area in which Tesla is placing a lot of emphasis, are also anticipated.

“We believe that with Tesla’s autonomy story alone being worth $1 trillion, Tesla could reach a market cap of $2 trillion by the end of 2025 in a bullish scenario.” , writes Dan Ives.

Three groups worth more than 4,000 billion dollars

This is perhaps a little more consensual, but the analyst estimates that no less than three groups will exceed 4,000 billion dollars in market capitalization next year: Apple (3,730 billion at present), Nvidia (3,316 billion) and Microsoft (3.320 billion).

Apple would be the first “big tech” to reach this milestone, thanks to the revolution in artificial intelligence that the iPhone 16 should embody, a device which integrates the AI ​​functionalities recently unveiled by the Apple group, anticipates Dan Ives . Moreover, among his 10 other bets, the analyst expects Apple to break its record for phones sold in 2025 with a total of more than 240 million units.

The Cupertino group would then be joined by Nvidia and Microsoft, which would also exceed the mark of 4,000 billion dollars in market capitalization, “as the AI ​​revolution shifts into high gear”, he continues.

Among his other somewhat daring forecasts, the analyst expects a real boom in mergers and acquisitions operations in tech next year. This is because Democrat Lina Khan, president of the Federal Trade Commission (FTC), the American antitrust agency, will not be reappointed. Donald Trump announced that he wanted to nominate Andrew Ferguson to head this agency. Dan Ives called Lina Khan a “tech nightmare” because of her propensity to limit mergers and takeovers.

“With the departure of Lina Khan from the FTC – an early Christmas present – we expect M&A in the technology sector to increase by more than 50% (…) as strategic players in technology and investors are looking to prepare in areas such as software, cybersecurity, AI infrastructure and consumer technology,” says Dan Ives.

Cybersecurity boom

The analyst also expects investment spending in artificial intelligence to exceed $1 trillion in 2025, and that the cybersecurity sector will grow by 30%.

Like any prediction, Dan Ives’ bets are obviously open to debate, and it seems impossible that all of his projections will come true. Last year, the analyst already saw Apple crossing 4,000 billion in market capitalization in 2024, which, barring any big last-minute surprises, should not happen.

Dan Ives, on the other hand, had been too cautious on the “Magnificent Seven” of Wall Street (Tesla, Alphabet, Meta, Amazon, Nvidia, Apple and Microsoft). The analyst saw them progressing by more than 30% in 2024. However, in average, these seven mega-caps jumped 65.4% this year (and 48% excluding Nvidia). As such, even the illustrious analyst had underestimated the figure. tech rally of 2024…