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: Skyworks Solutions Inc. designs, manufactures, and markets a broad range of high-performance analog and mixed signal semiconductors that enable wireless connectivity. The company's products include power amplifiers (PAs), front-end modules (FEMs), radio frequency (RF) sub-systems, and cellular systems. Leveraging its core analog technologies, the company also offers a diverse portfolio of linear integrated circuits (ICs) that support automotive, broadband, cellular infrastructure, industrial and medical applications. The company has designed its product portfolio around two markets: cellular handsets and analog semiconductors.
- Recent SWKS Stock Price: $99.82
- SWKS Yearly Gain: 5.46%
- SWKS Market Cap: $16.55B
- SWKS P/E Ratio: 14.372
Will SWKS's stock price go up? Is there an accurate SWKS stock forecast available?
TipRanks.com reports that Skyworks Solutions currently has 19 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $110.13. The target pricing ranges from a high SWKS forecast of $150.00 down to a low forecast of $11.00. Skyworks Solutions (SWKS)’s last closing stock price was $99.82 which would put the average price target at 10.33% upside.
In addition, TradingView issued a Strong Sell rating for SWKS over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on SWKS.
Other analysts covering SWKS include:
- Anthony Stoss of Craig-Hallum issued a Buy rating with the price target of $ 11 on 22 hours ago
- Bill Peterson of J.P. Morgan issued a Hold rating with the price target of $ 105 on 22 hours ago
- Joseph Moore of Morgan Stanley issued a Hold rating with the price target of $ 104 on 22 hours ago
- Ambrish Srivastava of BMO Capital issued a Hold rating with the price target of $ 100 on 22 hours ago
If you are wondering if SWKS is a good stock to buy, here are 3rd party ratings for SWKS:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 27% (68 out of 250)
What is the sentiment on the street regarding Skyworks Solutions? (Current ratings compiled by TipRanks.com)
- SWKS News Sentiment: Very Bullish
- SWKS Blogger Consensus: Bullish
- SWKS Media Buzz: Very High
- SWKS Insider Signal: ―
- SWKS Investor Sentiment: Neutral
- SWKS Hedge Fund signal: Very Negative
The stock market is extremely volatile, and you need to do your own research on SWKS including scouring the social networks like SWKS StockTwits before you decide to make any investment.
Click here for SWKS chart >>
Summary: Western Digital Corporation is one of the largest hard disk drive producers in the U.S. The company designs, develops, manufactures and markets a broad range of HDDs used in desktop PCs, servers, network-attached storage devices, video game consoles, digital video recorders and a host of other consumer electronic devices. The acquisition of SanDisk enabled the company to venture into the flash drive storage technology space. Western Digital sells hard drives of 3.5-inch and 2.5-inch form factors with storage capacities ranging from 30 gigabytes (GB) to 6 terabytes (TB). The company's solid-state drives (SSDs) include 2.5-inch, mSATA, MO-297 and CompactFlash form factors, with storage capacities ranging from 128 megabytes (MB) to 400 GB. The company provides WD software applications, such as WD Photos and WD 2GO to the mobile computing market. The company's solutions are compatible with Apple's iOS, Google's Android and Microsoft's Windows Platforms.
- Recent WDC Stock Price: $33.60
- WDC Yearly Gain: -39.54%
- WDC Market Cap: $10.68B
- WDC P/E Ratio: -116.974
Will WDC's stock price go up? Is there an accurate WDC stock forecast available?
TipRanks.com reports that Western Digital currently has 16 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $42.53. The target pricing ranges from a high WDC forecast of $60.00 down to a low forecast of $29.00. Western Digital (WDC)’s last closing stock price was $33.60 which would put the average price target at 26.58% upside.
In addition, TradingView issued a Sell rating for WDC 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 WDC.
Other analysts covering WDC include:
- Harlan Sur of J.P. Morgan issued a Hold rating with the price target of $ 40 on 22 hours ago
- Mehdi Hosseini of Susquehanna issued a Hold rating with the price target of $ 38 on 22 hours ago
- Matt Bryson of Wedbush issued a Buy rating with the price target of $ 60 on 22 hours ago
- Christian Schwab of Craig-Hallum issued a Buy rating with the price target of $ 60 on 22 hours ago
If you are wondering if WDC is a good stock to buy, here are 3rd party ratings for WDC:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 24% (61 out of 250)
What is the sentiment on the street regarding Western Digital? (Current ratings compiled by TipRanks.com)
- WDC News Sentiment: Very Bullish
- WDC Blogger Consensus: Bullish
- WDC Media Buzz: Very High
- WDC Insider Signal: ―
- WDC Investor Sentiment: Neutral
- WDC Hedge Fund signal: Very Negative
The stock market is extremely volatile, and you need to do your own research on WDC including scouring the social networks like WDC StockTwits before you decide to make any investment.
Click here for WDC chart >>
Summary: Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
- Recent SHOP Stock Price: $63.89
- SHOP Yearly Gain: 89.35%
- SHOP Market Cap: $79.19B
- SHOP P/E Ratio: -42.469
Will SHOP's stock price go up? Is there an accurate SHOP stock forecast available?
TipRanks.com reports that Shopify currently has 33 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $60.17. The target pricing ranges from a high SHOP forecast of $80.00 down to a low forecast of $44.00. Shopify (SHOP)’s last closing stock price was $63.89 which would put the average price target at -5.82% upside.
In addition, TradingView issued a Buy rating for SHOP 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 SHOP.
Other analysts covering SHOP include:
- Kunaal Malde of Atlantic Equities issued a Hold rating with the price target of $ 65 on 22 hours ago
- Axel Herlinghaus of DZ BANK AG issued a Sell rating with the price target of $ 55 on 22 hours ago
- Keith Weiss of Morgan Stanley issued a Hold rating with the price target of $ 54 on 1 day ago
- Tyler Radke of Citigroup issued a Hold rating with the price target of $ 65 on 1 day ago
If you are wondering if SHOP is a good stock to buy, here are 3rd party ratings for SHOP:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Top 37% (93 out of 250)
What is the sentiment on the street regarding Shopify? (Current ratings compiled by TipRanks.com)
- SHOP News Sentiment: Very Bullish
- SHOP Blogger Consensus: Bullish
- SHOP Media Buzz: Very High
- SHOP Insider Signal: Very Negative
- SHOP Investor Sentiment: Negative
- SHOP Hedge Fund signal: Very Negative
The stock market is extremely volatile, and you need to do your own research on SHOP including scouring the social networks like SHOP StockTwits before you decide to make any investment.
Click here for SHOP 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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