Quick Read
-
NVDA revenue surged 85% year over year and GOOGL led public MANGOS members with a 14% year-to-date gain.
-
MSFT and AMZN provide indirect exposure to private MANGOS members OpenAI and Anthropic ahead of their anticipated IPOs.
-
SpaceX is expected to IPO next week, and Gavin Baker estimates the full MANGOS group could be worth $2 trillion combined.
-
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Google didn’t make the cut. Grab the names FREE today.
Wall Street has never met an acronym it didn’t like. FAANG gave way to the Magnificent 7, and now a fresh label is making the rounds among investors trying to capture the next leg of the artificial intelligence (AI) trade. The new grouping, half marketing slogan and half investment thesis, goes by the name MANGOS: Meta Platforms (NASDAQ:META), Anthropic, NVIDIA (NASDAQ:NVDA), Google, OpenAI, and SpaceX.
The logic behind the basket is straightforward. Five of the six are building frontier AI models, while NVIDIA supplies the chips powering the entire industry. Investor Gavin Baker has suggested that these companies could be worth up to $2 trillion combined if they were public today, a figure that captures both the enthusiasm and the speculative nature of the label.
This follows a broader trend of investors rotating into themed cohorts. Just last week, traders were buzzing about the Parabolic 7, a group made up of SanDisk (NASDAQ:SNDK), Marvell Technology (NASDAQ:MRVL), Micron Technology (NASDAQ:MU), Intel (NASDAQ:INTC), Dell Technologies (NYSE:DELL), Advanced Micro Devices (NASDAQ:AMD), and Broadcom (NASDAQ:AVGO). The MANGOS concept extends that acronym-driven energy into the frontier-model layer of the AI stack.
The Three MANGOS Names You Can Actually Buy
Of the six MANGOS members, only three trade publicly today. Meta Platforms posted Q1 2026 revenue of $56.31B, up 33% year over year, with EPS of $10.44. CEO Mark Zuckerberg told investors the company is “on track to deliver personal superintelligence to billions of people,” while FY26 capex guidance climbed to $125 to $145 billion.
Meta Platforms stock has lagged the rally, with shares down 13% year to date. META’s trailing P/E ratio of 21x sits well below the broader Magnificent 7 average, and prediction markets show an 89% probability the stock closes above $520 at month-end.
NVIDIA reported Q1 FY2027 revenue of $81.62B, up 85% year over year, with Data Center revenue reaching $75.25B. CEO Jensen Huang described the moment as “the largest infrastructure expansion in human history.” NVIDIA stock is up 9% year to date, and the board approved an additional $80 billion share buyback.
