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: Meta Platforms is the world's largest social media platform. The company's portfolio offering evolved from a single Facebook app to multiple apps like photo and video sharing app Instagram and WhatsApp messaging app owing to acquisitions. Along with in-house developed Messenger, these apps now form Meta's family of products used by billions of people on a monthly basis. Meta uses metrics like daily active users (DAUs) and monthly active users (MAUs) to measure Facebook's user base. Marketers buy ads that can appear on multiple platforms including Meta, Instagram, Messenger and third-party applications and websites. Meta, thanks to its huge user base gained a significant market share in the advertising space wherein it faces tough competition from Google, Twitter, Amazon and Snapchat-parent Snap. Meta also faces significant competition from the likes of Apple (messaging), YouTube (advertising and video), Bytedance (social media) and Tencent (messaging and social media).
- Recent META Stock Price: $238.56
- META Yearly Gain: 19.69%
- META Market Cap: $542.92B
- META P/E Ratio: 24.391
Will META's stock price go up? Is there an accurate META stock forecast available?
TipRanks.com reports that Meta Platforms currently has 50 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $263.12. The target pricing ranges from a high META forecast of $350.00 down to a low forecast of $110.00. Meta Platforms (META)’s last closing stock price was $238.56 which would put the average price target at 12.08% upside.
In addition, TradingView issued a Strong Buy rating for META over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on META.
Other analysts covering META include:
- Rohit Kulkarni of Roth MKM issued a Buy rating with the price target of $ 255 on 22 hours ago
- Barton Crockett of Rosenblatt Securities issued a Buy rating with the price target of $ 263 on 22 hours ago
- Justin Patterson of KeyBanc issued a Buy rating with the price target of $ 280 on 22 hours ago
- Brian Nowak of Morgan Stanley issued a Buy rating with the price target of $ 300 on 22 hours ago
If you are wondering if META is a good stock to buy, here are 3rd party ratings for META:
- TipRanks.com: Strong Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 25% (62 out of 251)
What is the sentiment on the street regarding Meta Platforms? (Current ratings compiled by TipRanks.com)
- META News Sentiment: Very Bullish
- META Blogger Consensus: Bullish
- META Media Buzz: Very High
- META Insider Signal: Negative
- META Investor Sentiment: Neutral
- META Hedge Fund signal: Negative
The stock market is extremely volatile, and you need to do your own research on META including scouring the social networks like META StockTwits before you decide to make any investment.
Click here for META chart >>
Summary: Enphase Energy, Inc. is a global energy technology company that delivers energy management technology for the solar industry. It designs, develops, manufactures and sells home energy solutions, which connect energy generation, storage and control and communications management on one intelligent platform. The company's IQ platform is the current generation integrated solar, storage and energy management offering, which enables self-consumption and delivers its core value proposition of yielding more energy, simplifying design and installation and improving system uptime and reliability. The Enphase Home Energy Solution with IQ uses a single technology platform for seamless management of the whole solution, enabling rapid commissioning with the Installer Toolkit; consumption monitoring with Envoy Communications Gateway with IQ Combiner , Enphase Enlighten, a cloud-based energy management platform and Enphase AC Battery. It also produces the world's only truly integrated solar-plus-storage solution.
- Recent ENPH Stock Price: $164.18
- ENPH Yearly Gain: -1.13%
- ENPH Market Cap: $22.45B
- ENPH P/E Ratio: 48.196
Will ENPH's stock price go up? Is there an accurate ENPH stock forecast available?
TipRanks.com reports that Enphase Energy currently has 25 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $265.96. The target pricing ranges from a high ENPH forecast of $341.00 down to a low forecast of $169.00. Enphase Energy (ENPH)’s last closing stock price was $164.18 which would put the average price target at 61.36% upside.
In addition, TradingView issued a Sell rating for ENPH over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on ENPH.
Other analysts covering ENPH include:
- Tristan Richardson of Scotiabank issued a Buy rating with the price target of $ 275 on 22 hours ago
- Unknown Analyst of Citigroup issued a Buy rating with the price target of $ 267 on 22 hours ago
- Kashy Harrison of Piper Sandler issued a Buy rating with the price target of $ 230 on 1 day ago
- James West of Evercore ISI issued a Buy rating with the price target of $ 275 on 1 day ago
If you are wondering if ENPH is a good stock to buy, here are 3rd party ratings for ENPH:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 26% (66 out of 251)
What is the sentiment on the street regarding Enphase Energy? (Current ratings compiled by TipRanks.com)
- ENPH News Sentiment: Bearish
- ENPH Blogger Consensus: Bullish
- ENPH Media Buzz: High
- ENPH Insider Signal: Neutral
- ENPH Investor Sentiment: Very Positive
- ENPH Hedge Fund signal: Very Negative
The stock market is extremely volatile, and you need to do your own research on ENPH including scouring the social networks like ENPH StockTwits before you decide to make any investment.
Click here for ENPH chart >>
Summary: ServiceNow Inc. provides cloud computing services that automate digital workflows to accelerate enterprise IT operations. The company's Now Platform enables enterprises to enhance productivity by streamlining system processes. By utilizing its product portfolio, customers can reduce the manual time taken by complex processes and consequently optimize total cost of ownership. Its solutions address the needs of many departments within an enterprise, including IT, HR, facilities, field service, marketing, customer service, security, legal & finance. The company has 3 product suites for IT management and operations: IT Service Management, IT Operations Management and IT Business Management solutions. Non-IT products include Customer Service, HR and Security Operations. Its end-markets include financial services, consumer products, IT services, health care, government, education and technology. ServiceNow derives revenues from two sources: subscriptions and professional services & others.
- Recent NOW Stock Price: $454.34
- NOW Yearly Gain: -2.63%
- NOW Market Cap: $92.17B
- NOW P/E Ratio: 283.573
Will NOW's stock price go up? Is there an accurate NOW stock forecast available?
TipRanks.com reports that ServiceNow currently has 23 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $542.43. The target pricing ranges from a high NOW forecast of $640.00 down to a low forecast of $450.00. ServiceNow (NOW)’s last closing stock price was $454.34 which would put the average price target at 19.39% upside.
In addition, TradingView issued a Sell rating for NOW over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on NOW.
Other analysts covering NOW include:
- Kash Rangan of Goldman Sachs issued a Buy rating with the price target of $ 640 on 22 hours ago
- Matthew Hedberg of RBC Capital issued a Buy rating with the price target of $ 525 on 22 hours ago
- Frederick Havemeyer of Macquarie issued a Buy rating with the price target of $ 535 on 22 hours ago
- Peter Weed of Bernstein issued a Buy rating with the price target of $ 586 on 22 hours ago
If you are wondering if NOW is a good stock to buy, here are 3rd party ratings for NOW:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Bottom 35% (163 out of 251)
What is the sentiment on the street regarding ServiceNow? (Current ratings compiled by TipRanks.com)
- NOW News Sentiment: Very Bullish
- NOW Blogger Consensus: Bullish
- NOW Media Buzz: Very High
- NOW Insider Signal: Very Negative
- NOW Investor Sentiment: Very Positive
- NOW Hedge Fund signal: Very Negative
The stock market is extremely volatile, and you need to do your own research on NOW including scouring the social networks like NOW StockTwits before you decide to make any investment.
Click here for NOW 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.
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