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: NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, the company's focus has evolved from PC graphics to artificial intelligence (AI) based solutions that now support high performance computing (HPC), gaming and virtual reality (VR) platforms.NVIDIA's GPU success can be attributed to its parallel processing capabilities supported by thousands of computing cores, which are necessary to run deep learning algorithms. The company's GPU platforms are playing a major role in developing multi-billion-dollar end-markets like robotics and self-driving vehicles.NVIDIA is a dominant name in the Data Center, professional visualization and gaming markets where Intel and Advanced Micro Devices are playing a catch-up role. The company's partnership with almost all major cloud service providers (CSPs) and server vendors is a key catalyst.
- Recent NVDA Stock Price: $379.80
- NVDA Yearly Gain: 80.07%
- NVDA Market Cap: $754.29B
- NVDA P/E Ratio: 176.135
Will NVDA's stock price go up? Is there an accurate NVDA stock forecast available?
TipRanks.com reports that Nvidia currently has 33 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $313.59. The target pricing ranges from a high NVDA forecast of $400.00 down to a low forecast of $220.00. Nvidia (NVDA)’s last closing stock price was $379.80 which would put the average price target at 6.25% upside.
In addition, TradingView issued a Strong Buy rating for NVDA 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 NVDA.
Other analysts covering NVDA include:
- Toshiya Hari of Goldman Sachs issued a Buy rating with the price target of $ 440 on 22 hours ago
- Stacy Rasgon of Bernstein issued a Buy rating with the price target of $ 475 on 22 hours ago
- Joseph Moore of Morgan Stanley issued a Buy rating with the price target of $ 450 on 22 hours ago
- Tristan Gerra of Robert W. Baird issued a Buy rating with the price target of $ 475 on 22 hours ago
If you are wondering if NVDA is a good stock to buy, here are 3rd party ratings for NVDA:
- TipRanks.com: Strong Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Bottom 14% (215 out of 251)
What is the sentiment on the street regarding Nvidia? (Current ratings compiled by TipRanks.com)
- NVDA News Sentiment: Very Bullish
- NVDA Blogger Consensus: Bullish
- NVDA Media Buzz: Very High
- NVDA Insider Signal: Negative
- NVDA Investor Sentiment: Very Positive
- NVDA Hedge Fund signal: Very Positive
The stock market is extremely volatile, and you need to do your own research on NVDA including scouring the social networks like NVDA StockTwits before you decide to make any investment.
Click here for NVDA chart >>
Summary: Snowflake Inc. provides software solutions. The Company develops database architecture, data warehouses, query optimization and parallelization solutions. Snowflake Inc. is based in CA, United States.
- Recent SNOW Stock Price: $147.91
- SNOW Yearly Gain: 33.42%
- SNOW Market Cap: $57.57B
- SNOW P/E Ratio: -70.901
Will SNOW's stock price go up? Is there an accurate SNOW stock forecast available?
TipRanks.com reports that Snowflake currently has 25 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $189.95. The target pricing ranges from a high SNOW forecast of $244.00 down to a low forecast of $157.00. Snowflake (SNOW)’s last closing stock price was $147.91 which would put the average price target at 21.36% upside.
In addition, TradingView issued a Strong Sell rating for SNOW over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on SNOW.
Other analysts covering SNOW include:
- Raimo Lenschow of Barclays issued a Buy rating with the price target of $ 165 on 22 hours ago
- Joe Goodwin of JMP Securities issued a Buy rating with the price target of $ 200 on 22 hours ago
- Mike Cikos of Needham issued a Buy rating with the price target of $ 180 on 22 hours ago
- Tyler Radke of Citi issued a Buy rating with the price target of $ 189 on 22 hours ago
If you are wondering if SNOW is a good stock to buy, here are 3rd party ratings for SNOW:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 47% (117 out of 251)
What is the sentiment on the street regarding Snowflake? (Current ratings compiled by TipRanks.com)
- SNOW News Sentiment: Very Bullish
- SNOW Blogger Consensus: Bullish
- SNOW Media Buzz: Very High
- SNOW Insider Signal: ―
- SNOW Investor Sentiment: Positive
- SNOW Hedge Fund signal: Very Negative
The stock market is extremely volatile, and you need to do your own research on SNOW including scouring the social networks like SNOW StockTwits before you decide to make any investment.
Click here for SNOW chart >>
Summary: Splunk Inc. provides software solutions that enable enterprises to gain real-time operational intelligence by harnessing the value of their data. The company's offerings enable users to investigate, monitor, analyze and act on machine data and big data, irrespective of format or source, and helps in operational decision making. The company's flagship offering, Splunk Enterprise, is primarily a machine data platform. It can collect and index petabytes of machine data on a daily basis. Splunk Enterprise also enables users to interactively explore, analyze and visualize data stored in sources such as Hadoop and Amazon S3.Splunk Cloud delivers the benefits of Splunk Enterprise deployed and managed reliably and scalably as a service. Splunk Light provides log search and analysis, which are designed, priced and packaged for small IT environments. The company's premium solutions include Splunk Enterprise Security, Splunk IT Service Intelligence and Splunk User Behavior Analytics.
- Recent SPLK Stock Price: $95.70
- SPLK Yearly Gain: 3.83%
- SPLK Market Cap: $16.00B
- SPLK P/E Ratio: -49.263
Will SPLK's stock price go up? Is there an accurate SPLK stock forecast available?
TipRanks.com reports that Splunk currently has 28 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $119.63. The target pricing ranges from a high SPLK forecast of $135.00 down to a low forecast of $98.00. Splunk (SPLK)’s last closing stock price was $95.70 which would put the average price target at 25.01% upside.
In addition, TradingView issued a Buy rating for SPLK over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on SPLK.
Other analysts covering SPLK include:
- Ittai Kidron of Oppenheimer issued a Buy rating with the price target of $ 115 on 22 hours ago
- Ryan Krieger of Wolfe Research issued a Buy rating with the price target of $ 120 on 22 hours ago
- Matthew Hedberg of RBC Capital issued a Buy rating with the price target of $ 125 on 22 hours ago
If you are wondering if SPLK is a good stock to buy, here are 3rd party ratings for SPLK:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 47% (117 out of 251)
What is the sentiment on the street regarding Splunk? (Current ratings compiled by TipRanks.com)
- SPLK News Sentiment: Very Bullish
- SPLK Blogger Consensus: Bullish
- SPLK Media Buzz: Very High
- SPLK Insider Signal: ―
- SPLK Investor Sentiment: Positive
- SPLK Hedge Fund signal: Very Positive
The stock market is extremely volatile, and you need to do your own research on SPLK including scouring the social networks like SPLK StockTwits before you decide to make any investment.
Click here for SPLK 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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