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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Apple 2FQ26: iPhone 17 materially outperforms; next cycle & AI remain the key unknowns. Neutral, $280 TPMay 1, 2026 — Pierre Ferragu
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TEL 4FQ26: WFE outlook in line with our expectations and reflected in valuation. Neutral, ¥48,000May 1, 2026 — Pierre Ferragu
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All 4 hyperscalers reported yesterday. Our key takeaways from the prints.April 30, 2026 — Pierre Ferragu and Antoine Chkaiban
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TEL 4FQ26 QT: WFE outlook in line with our expectations and reflected in valuation.April 30, 2026 — Pierre Ferragu
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Microsoft 3FQ26: Cloud AI & copilot accelerating revenue growth, replatforming at work. Buy, $600 TPApril 30, 2026 — Pierre Ferragu and Antoine Chkaiban