We have identified a list of several trending tehnology stocks that appear have recently received buy ratings from top Wall Street analysts and are showing positive investor sentiment, as well as news headlines. With that said, our editors here at techstockmovers.com, are adding these tech companies to our watchlist to see if this momentum continues. Our watchlist includes trending tech stocks within the entire
Summary: Concentrix Corporation provides technology-enabled business services. The company serves technology & consumer electronics; retail, travel & ecommerce; banking, financial services & insurance; healthcare; communications & media; automotive; and energy & public sector. Concentrix Corporation is based in Fremont, Calif.
- Recent CNXC Stock Price: $65.20
- CNXC Yearly Gain: -45.94%
- CNXC Market Cap: $4.32B
- CNXC P/E Ratio: 11.44
Will CNXC's stock price go up? Is there an accurate CNXC stock forecast available?
TipRanks.com reports that Concentrix Corporation currently has 4 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target is $97.25. The target pricing ranges from a high CNXC forecast of $84 down to a low forecast of $120. Concentrix Corporation (CNXC)’s last closing stock price was $65.20 which would put the average price target at 49.16% upside.
In addition, TradingView issued a sell rating for CNXC over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on CNXC.
Other analysts covering CNXC include:
- Divya Goyal of Scotiabank issued a Buy rating with the price target of $120 on 17 hours ago
- Ruplu Bhattacharya of Bank of America Securities issued a Sell rating with the price target of $60 on 17 hours ago
- Joseph Vafi of Canaccord Genuity issued a Buy rating with the price target of $125 on 2 months ago
If you are wondering if CNXC is a good stock to buy, here are 3rd party ratings for CNXC:
- TipRanks.com: Buy
- TradingView.com: sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 31% (174 out of 252)
What is the sentiment on the street regarding Concentrix Corporation? (Current ratings compiled by TipRanks.com)
- CNXC News Sentiment: Bullish
- CNXC Blogger Consensus:
- CNXC Media Buzz: Buy
- CNXC Insider Signal: Buying
- CNXC Investor Sentiment: Negative
- CNXC Hedge Fund signal: Medium Risk
The stock market is extremely volatile, and you need to do your own research on CNXC including scouring the social networks like CNXC StockTwits before you decide to make any investment.
Click here for CNXC chart >>
Summary: Elastic N.V. is a search company. It primarily provides Elastic Stack, a set of software products which ingest and store data from various sources and formats, as well as performs search, analysis and visualization. Elastic N.V. is based in Mountain View, California.
- Recent ESTC Stock Price: $100.13
- ESTC Yearly Gain: 80.74%
- ESTC Market Cap: $10.09B
- ESTC P/E Ratio: 192.56
Will ESTC's stock price go up? Is there an accurate ESTC stock forecast available?
TipRanks.com reports that Elastic N.V. currently has 4 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target is $135.50. The target pricing ranges from a high ESTC forecast of $155 down to a low forecast of $110. Elastic N.V. (ESTC)’s last closing stock price was $100.13 which would put the average price target at 35.32% upside.
In addition, TradingView issued a sell rating for ESTC over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on ESTC.
Other analysts covering ESTC include:
- Andrew Sherman of TD Cowen issued a Hold rating with the price target of $110 on 17 hours ago
- Brent Thill of Jefferies issued a Buy rating with the price target of $140 on 17 hours ago
- Shrenik Kothari of Robert W. Baird issued a Buy rating with the price target of $137 on 3 weeks ago
- Tyler Radke of Citi issued a Buy rating with the price target of $155 on 3 weeks ago
If you are wondering if ESTC is a good stock to buy, here are 3rd party ratings for ESTC:
- TipRanks.com: Buy
- TradingView.com: sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Top 31% (77 out of 252)
What is the sentiment on the street regarding Elastic N.V.? (Current ratings compiled by TipRanks.com)
- ESTC News Sentiment: Bullish
- ESTC Blogger Consensus:
- ESTC Media Buzz: Strong Buy
- ESTC Insider Signal: Selling
- ESTC Investor Sentiment: Positive
- ESTC Hedge Fund signal: Medium Risk
The stock market is extremely volatile, and you need to do your own research on ESTC including scouring the social networks like ESTC StockTwits before you decide to make any investment.
Click here for ESTC chart >>
Summary: Adobe Inc. is one of the largest software companies in the world. Adobe picks up licensing fees from customers, which form the bulk of its revenue. The company also offers technical support and education, which account for the balance. The company operates through three segments. The Digital Media solutions segment enables small businesses and enterprises to create highly compelling content, deliver it across diverse media through smartphones, tablets, e-readers, and other devices, and then optimize it through systematic targeting and measurement. Within Digital Media, the two major components of revenue are the Creative family of products and Document Services products. The target customers are traditional content creators, web application developers, digital media professionals and user interface designers/developers, writers, videographers and photographers.
- Recent ADBE Stock Price: $504.40
- ADBE Yearly Gain: 35.17%
- ADBE Market Cap: $227.99B
- ADBE P/E Ratio: 42.67
Will ADBE's stock price go up? Is there an accurate ADBE stock forecast available?
TipRanks.com reports that Adobe Inc. currently has 4 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target is $662.50. The target pricing ranges from a high ADBE forecast of $700 down to a low forecast of $630. Adobe Inc. (ADBE)’s last closing stock price was $504.40 which would put the average price target at 31.34% upside.
In addition, TradingView issued a sell rating for ADBE over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on ADBE.
Other analysts covering ADBE include:
- Brent Bracelin of Piper Sandler issued a Buy rating with the price target of $700 on 17 hours ago
- Keith Weiss of Morgan Stanley issued a Buy rating with the price target of $660 on 17 hours ago
- Matthew Swanson of RBC Capital issued a Buy rating with the price target of $630 on 17 hours ago
If you are wondering if ADBE is a good stock to buy, here are 3rd party ratings for ADBE:
- TipRanks.com: Buy
- TradingView.com: sell
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Top 22% (56 out of 252)
What is the sentiment on the street regarding Adobe Inc.? (Current ratings compiled by TipRanks.com)
- ADBE News Sentiment: Bullish
- ADBE Blogger Consensus:
- ADBE Media Buzz: Strong Buy
- ADBE Insider Signal: Balanced
- ADBE Investor Sentiment: Positive
- ADBE Hedge Fund signal: Low Risk
The stock market is extremely volatile, and you need to do your own research on ADBE including scouring the social networks like ADBE StockTwits before you decide to make any investment.
Click here for ADBE chart >>
Summary: Apple's business primarily runs around its flagship iPhone. However, the Services portfolio that includes cloud services, App store, Apple Music, AppleCare, Apple Pay & licensing and other services which become the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helps Apple to strengthen its presence in the personal health monitoring space. Apple also designs, manufactures and sells iPad, MacBookand HomePod. These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service.
- Recent AAPL Stock Price: $173.31
- AAPL Yearly Gain: 9.50%
- AAPL Market Cap: $2.68T
- AAPL P/E Ratio: 27.16
Will AAPL's stock price go up? Is there an accurate AAPL stock forecast available?
TipRanks.com reports that Apple Inc. currently has 5 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target is $211.00. The target pricing ranges from a high AAPL forecast of $250 down to a low forecast of $180. Apple Inc. (AAPL)’s last closing stock price was $173.31 which would put the average price target at 21.75% upside.
In addition, TradingView issued a sell rating for AAPL over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on AAPL.
Other analysts covering AAPL include:
- Daniel Ives of Wedbush issued a Buy rating with the price target of $250 on 2 days ago
- David Vogt of UBS issued a Hold rating with the price target of $190 on 2 days ago
- Amit Daryanani of Evercore ISI issued a Buy rating with the price target of $220 on 2 days ago
- Erwan Rambourg of HSBC issued a Hold rating with the price target of $180 on 5 days ago
If you are wondering if AAPL is a good stock to buy, here are 3rd party ratings for AAPL:
- TipRanks.com: Buy
- TradingView.com: sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 6% (238 out of 252)
What is the sentiment on the street regarding Apple Inc.? (Current ratings compiled by TipRanks.com)
- AAPL News Sentiment: Bullish
- AAPL Blogger Consensus:
- AAPL Media Buzz: Strong Buy
- AAPL Insider Signal: Buying
- AAPL Investor Sentiment: Negative
- AAPL Hedge Fund signal: Low Risk
The stock market is extremely volatile, and you need to do your own research on AAPL including scouring the social networks like AAPL StockTwits before you decide to make any investment.
Click here for AAPL chart >>
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
The Editor, techstockmovers.com
TechStockMovers.com keeps investors informed on a variety of tech stocks including communications equipment, IT Services, Semiconductors, Software, Technical hardware, storage and peripherals, artificial intelligence (AI), cybersecurity and more. (TSM) aggregates market data from top tier financial content providers like Barchart.com, Tipranks.com, TradingView.com, Yahoo! Finance, and Zacks.com.
Disclaimer: Sandpiper Marketing Group, LLC would like to remind you the data contained in this website is not necessarily real-time nor accurate. All stocks, indexes, futures and Forex prices are not provided by exchanges but rather by our editor research at the time of writing this release, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Sandpiper Marketing does not bear any responsibility for any trading losses you might incur as a result of using this data. Sandpiper Marketing Group, LLC or anyone involved with Sandpiper Marketing Group, LLC will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this website/newsletter is not trustworthy unless verified by their own research. Also, because events/circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
==============================================================================