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: Microchip Technology Inc. develops and manufactures microcontrollers, memory and analog and interface products for embedded control systems, which are small, low-power computers designed to perform specific tasks. The company has now three major product lines: Microcontrollers (this product portfolio comprises 8-bit, 16-bit and 32-bit PIC microcontrollers and 16-bit dsPIC digital signal controllers) and Analog (these products consist of several families with approximately 800 power management, linear, mixed-signal, thermal management, RF Linear drivers, safety and security, and interface products).
- Recent MCHP Stock Price: $72.76
- MCHP Yearly Gain: 0.63%
- MCHP Market Cap: $40.45B
- MCHP P/E Ratio: 26.843
Will MCHP's stock price go up? Is there an accurate MCHP stock forecast available?
TipRanks.com reports that Microchip currently has 19 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $85.05. The target pricing ranges from a high MCHP forecast of $125.00 down to a low forecast of $61.00. Microchip (MCHP)’s last closing stock price was $72.76 which would put the average price target at 16.89% upside.
In addition, TradingView issued a n/a rating for MCHP 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 MCHP.
Other analysts covering MCHP include:
- Gary Mobley of Wells Fargo issued a Hold rating with the price target of $ 75 on 1 day ago
- Matt Ramsay of Cowen & Co. issued a Buy rating with the price target of $ 72 on 1 day ago
- Joseph Moore of Morgan Stanley issued a Buy rating with the price target of $ 82 on 1 day ago
- Ambrish Srivastava of BMO Capital issued a Buy rating with the price target of $ 80 on 1 day ago
If you are wondering if MCHP is a good stock to buy, here are 3rd party ratings for MCHP:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 19% (47 out of 252)
What is the sentiment on the street regarding Microchip? (Current ratings compiled by TipRanks.com)
- MCHP News Sentiment: Very Bullish
- MCHP Blogger Consensus: Bullish
- MCHP Media Buzz: Very High
- MCHP Insider Signal: Positive
- MCHP Investor Sentiment: Positive
- MCHP Hedge Fund signal: Very Positive
The stock market is extremely volatile, and you need to do your own research on MCHP including scouring the social networks like MCHP StockTwits before you decide to make any investment.
Click here for MCHP chart >>
Summary: Semtech Corporation designs, manufactures and markets a wide range of analog and mixed- signal semiconductors for commercial applications. The product line comprises Signal Integrity Products, Protection Products, Power and High-Reliability Products, Wireless and Sensing Products, and Systems Innovation Group. The company's devices are used in a variety of applications including computer, communications, industrial, military-aerospace and automotive. The company also provides a limited amount of wafer foundry services to other electronic component manufacturers. Semtech has manufacturing facilities in Irvine, Camarillo and San Diego in California, Reynosa in Mexico and Neuch'tel in Switzerland.
- Recent SMTC Stock Price: $56.21
- SMTC Yearly Gain: -11.09%
- SMTC Market Cap: $3.56B
- SMTC P/E Ratio: 25.712
Will SMTC's stock price go up? Is there an accurate SMTC stock forecast available?
TipRanks.com reports that Semtech currently has 9 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $82.38. The target pricing ranges from a high SMTC forecast of $91.00 down to a low forecast of $65.00. Semtech (SMTC)’s last closing stock price was $56.21 which would put the average price target at 46.56% upside.
In addition, TradingView issued a Sell rating for SMTC 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 SMTC.
Other analysts covering SMTC include:
- Tore Svanberg of Stifel Nicolaus issued a Buy rating with the price target of $ 85 on 1 day ago
- Cody Acree of Benchmark Co. issued a Buy rating with the price target of $ 81 on 1 day ago
- Tristan Gerra of Robert W. Baird issued a Buy rating with the price target of $ 90 on 1 day ago
- Christopher Rolland of Susquehanna issued a Hold rating with the price target of $ 72 on 2 days ago
If you are wondering if SMTC is a good stock to buy, here are 3rd party ratings for SMTC:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 19% (47 out of 252)
What is the sentiment on the street regarding Semtech? (Current ratings compiled by TipRanks.com)
- SMTC News Sentiment: Very Bullish
- SMTC Blogger Consensus: Bullish
- SMTC Media Buzz: Very High
- SMTC Insider Signal: Positive
- SMTC Investor Sentiment: Very Positive
- SMTC Hedge Fund signal: Positive
The stock market is extremely volatile, and you need to do your own research on SMTC including scouring the social networks like SMTC StockTwits before you decide to make any investment.
Click here for SMTC chart >>
Summary: Varonis Systems Inc. provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Its products include DatAdvantage, DataPrivilege, IDU Classification Framework, Data Transport Engine and DatAnywhere. The company sells its products to small and medium businesses, and large multinational enterprises in financial services, consumer and retail, industrial, healthcare, and energy and utilities industries. Varonis Systems Inc. is headquartered in New York.
- Recent VRNS Stock Price: $30.24
- VRNS Yearly Gain: -52.81%
- VRNS Market Cap: $3.29B
- VRNS P/E Ratio: -22.604
Will VRNS's stock price go up? Is there an accurate VRNS stock forecast available?
TipRanks.com reports that Varonis Systems currently has 15 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $41.36. The target pricing ranges from a high VRNS forecast of $73.00 down to a low forecast of $32.00. Varonis Systems (VRNS)’s last closing stock price was $30.24 which would put the average price target at 36.77% upside.
In addition, TradingView issued a Neutral rating for VRNS 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 VRNS.
Other analysts covering VRNS include:
- Rob Owens of Piper Sandler issued a Buy rating with the price target of $ 37 on 2 days ago
- Alex Henderson of Needham issued a Buy rating with the price target of $ 35 on 2 days ago
- Saket Kalia of Barclays issued a Hold rating with the price target of $ 32 on 2 days ago
- Andrew Nowinski of Wells Fargo issued a Buy rating with the price target of $ 35 on 2 days ago
If you are wondering if VRNS is a good stock to buy, here are 3rd party ratings for VRNS:
- TipRanks.com: Strong Buy
- TradingView.com: Neutral
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 30% (75 out of 252)
What is the sentiment on the street regarding Varonis Systems? (Current ratings compiled by TipRanks.com)
- VRNS News Sentiment: Very Bullish
- VRNS Blogger Consensus: Bullish
- VRNS Media Buzz: Very High
- VRNS Insider Signal: Positive
- VRNS Investor Sentiment: Very Positive
- VRNS Hedge Fund signal: Very Positive
The stock market is extremely volatile, and you need to do your own research on VRNS including scouring the social networks like VRNS StockTwits before you decide to make any investment.
Click here for VRNS chart >>
Summary: CLEARFIELD INC., formerly APA Cables & Networks, designs and manufactures the FieldSmart fiber management platform, which includes its latest generation Fiber Distribution System and Fiber Scalability Center. The FDS and FSC product-lines support a wide range of panel configurations, densities, connectors and adapter options and is offered alongside an assortment of passive optical components. Clearfield also provides a complete line of fiber and copper assemblies for controlled and outside plant environments.
- Recent CLFD Stock Price: $103.21
- CLFD Yearly Gain: 141.94%
- CLFD Market Cap: $1.42B
- CLFD P/E Ratio: 35.924
Will CLFD's stock price go up? Is there an accurate CLFD stock forecast available?
TipRanks.com reports that Clearfield currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $103.00. The target pricing ranges from a high CLFD forecast of $110.00 down to a low forecast of $95.00. Clearfield (CLFD)’s last closing stock price was $103.21 which would put the average price target at -0.20% upside.
In addition, TradingView issued a Buy rating for CLFD over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CLFD.
Other analysts covering CLFD include:
- Jaeson Schmidt of Lake Street issued a Buy rating with the price target of $ 104 on 6 days ago
- Ryan Koontz of Needham issued a Buy rating with the price target of $ 110 on 6 days ago
- n/a of n/a issued a n/a rating with the price target of n/a on n/a
- n/a of n/a issued a n/a rating with the price target of n/a on n/a
If you are wondering if CLFD is a good stock to buy, here are 3rd party ratings for CLFD:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Strong Buy, Top 18% (46 out of 252)
What is the sentiment on the street regarding Clearfield? (Current ratings compiled by TipRanks.com)
- CLFD News Sentiment: Very Bullish
- CLFD Blogger Consensus: Bullish
- CLFD Media Buzz: Very High
- CLFD Insider Signal: Positive
- CLFD Investor Sentiment: Very Positive
- CLFD Hedge Fund signal: Positive
The stock market is extremely volatile, and you need to do your own research on CLFD including scouring the social networks like CLFD StockTwits before you decide to make any investment.
Click here for CLFD chart >>
Summary: Magnite Inc. provides sell-side advertising platform. The company's omnichannel advertising platform enables publishers to monetize across all auction types and formats including CTV, desktop display, video, audio and mobile. Magnite Inc., formerly known as the Rubicon Project Inc., is based in CA, United States.
- Recent MGNI Stock Price: $8.55
- MGNI Yearly Gain: -69.93%
- MGNI Market Cap: $1.18B
- MGNI P/E Ratio: -34.072
Will MGNI's stock price go up? Is there an accurate MGNI stock forecast available?
TipRanks.com reports that Magnite currently has 6 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $16.00. The target pricing ranges from a high MGNI forecast of $21.00 down to a low forecast of $13.00. Magnite (MGNI)’s last closing stock price was $8.55 which would put the average price target at 87.13% upside.
In addition, TradingView issued a n/a rating for MGNI 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 MGNI.
Other analysts covering MGNI include:
- Matthew Thornton of Truist Financial issued a Buy rating with the price target of $ 13 on 2 days ago
- Daniel Kurnos of Benchmark Co. issued a Buy rating with the price target of $ 18 on 3 days ago
- Jason Kreyer of Craig-Hallum issued a Buy rating with the price target of $ 16 on 3 weeks ago
- Laura Martin of Needham issued a Buy rating with the price target of $ 13 on 4 weeks ago
If you are wondering if MGNI is a good stock to buy, here are 3rd party ratings for MGNI:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 37% (160 out of 252)
What is the sentiment on the street regarding Magnite? (Current ratings compiled by TipRanks.com)
- MGNI News Sentiment: Very Bullish
- MGNI Blogger Consensus: Bullish
- MGNI Media Buzz: Medium
- MGNI Insider Signal: Positive
- MGNI Investor Sentiment: Very Positive
- MGNI Hedge Fund signal: Very Positive
The stock market is extremely volatile, and you need to do your own research on MGNI including scouring the social networks like MGNI StockTwits before you decide to make any investment.
Click here for MGNI 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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