Veteran Analyst Dan Ives Says Goodbye to Wedbush After 8 Years
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Veteran Analyst Dan Ives Says Goodbye to Wedbush After 8 Years Nauman Khan Thu, July 2, 2026 at 1:48 PM EDT 1 min read TSLA This article first appeared on GuruFocus . Technology analyst Dan Ives is departing Wedbush after eight years to establish a new merchant banking firm that will combine equity research, strategic advisory, capital raising and investment services, according to a Wednesday interview with CNBC. The new venture is expected to be formally introduced in the coming weeks and will focus on the technology, energy and financial sectors. Ives said he intends to continue publishing research on technology companies while helping build the firm's broader advisory and investment platform. Warning! GuruFocus has detected 8 Warning Signs with TSLA. Is TSLA fairly valued? Test your thesis with our free DCF calculator. The move marks a rare transition for one of Wall Street's best-known technology analysts, whose bullish views on artificial intelligence and major technology companies have made him a prominent figure among investors. Wedbush said its fund management business will continue overseeing the Wedbush AI Revolution ETF (IVES) and Wedbush AI Revolution Plus ETF (IVEP), maintaining continuity for clients. Ives recently initiated coverage on SpaceX (SPCX) with an Outperform rating and a $190 price target, saying the company has the potential to become a leading hyperscaler. He is also widely followed for his coverage of Apple ( NASDAQ:AAPL ), Tesla ( NASDAQ:TSLA ), Microsoft (MSFT) and Nvidia ( NASDAQ:NVDA ), particularly his optimistic outlook on AI-driven technology companies.
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