Stifel analyst Tore Svanberg raised the firm's price target on Alpha & Omega (AOSL) to $42 from $36 and keeps a Hold rating on the shares. Last quarter, the firm called out analog players as poised for a potential breakout in calendar year 2026 and that thesis "has now been firmly validated" with Astera Labs (ALAB), Credo Technology (CRDO) and Marvell (MRVL) all posting beat-and-raise quarters in calendar Q1, the analyst tells investors in a note on the group. The firm continues to view episodic weakness in AI-levered names as "a buying opportunity for long-term investors focused on clear technological innovators," the analyst added in a Q2 earnings preview.
