
Pierre Ferragu
Pierre Ferragu heads up the Global Technology Infrastructure research team. Prior to joining New Street Research, Pierre spent over ten years at Bernstein, covering Telecom Equipment, Data Networking, Cybersecurity, Semiconductor, and Semiconductor Capital Equipment. He has been recognized multiple years as the #1-ranked analyst in surveys by Institutional Investors, Extel, Thomson Reuters, and Greenwich Associates. Prior to Bernstein, Pierre was a principal at BCG, and graduated in Telecom and Computer Sciences from Centrale-Supélec, and in Sociology from Sciences-Po, in Paris. When he doesn’t write research on the next technology disruption, Pierre develops his own machine learning algorithms and spends time at sea or in the mountains with his wife and five kids.
Lead Analyst
Research
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Dojo cancelled – AMD must be rejoicing: If even Elon can’t do it, who will have their own ASICs?August 8, 2025 — Pierre Ferragu
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SoftBank 1FQ25: Valuation gap largely filled. Long-term still attractive. ¥14,500 TPAugust 7, 2025 — Pierre Ferragu
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Uber 2Q25: Delivery momentum, strong margin expansion. Thesis playing out. Buy, $120August 7, 2025 — Ben Harwood and Pierre Ferragu
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AMD 2Q25 – Positive momentum in GPU & firing on all other cylinders. Buy, $230 TP.August 6, 2025 — Pierre Ferragu and Antoine Chkaiban
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Arista 2Q25: 2025 growth guide raised to mid-20%, in line with our mid-term forecast. Buy, $154 TP.August 6, 2025 — Antoine Chkaiban and Pierre Ferragu
Upcoming Events
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Oct
7TechnologyOctober 7, 2025 – October 8, 2025 — Phoenix Convention Center, Phoenix, AZEvent Details