Dear Reader,We has just identified several tech stocks that are expected to release earnings this week.If you are interested in any of these companies, we encourage you to do your own research and due diligence before pursuing any investments.Keep in mind, the actual earnings date and time may change, so if you’re interested in any of these companies you will need to pay close attention to their announcements.
Advanced Energy
Symbol: AEIS
Recent Price: $95.79
Average Analyst Price Target: $107.50 (12.22%)
Market Cap: $3.71B
Last Year's EPS: $1.36
Consensus EPS Forecast: $1.6
Expected Earnings Date: Feb 07 2023
Recent Analyst Action: Unknown Analyst, analyst at Berenberg Bank, reiterates coverage on Advanced Energy (AEIS) in the Technology sector with a Buy rating and a price target of $ 110 (1 week ago).
TipRanks.com also reports that Advanced Energy currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $107.50 . The target pricing ranges from a high forecast of $110.00 down to a low forecast of $105.00. Advanced Energy (AEIS)’s last closing price was $95.79 which would put the average price target at 12.22% upside.Here are 3rd party ratings for AEIS:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Hold, Top 42% (106 out of 250)
--------------------------------------------------------------------------
Adyen
Symbol: ADYYF
Recent Price: $1,676
Average Analyst Price Target: $1,954.69 (16.63%)
Market Cap: $54.06B
Last Year's EPS: $9.31
Consensus EPS Forecast: $10.75
Expected Earnings Date: Feb 07 2023
Recent Analyst Action: Adam Wood, analyst at Morgan Stanley, reiterates coverage on Adyen (ADYYF) in the Technology sector with a Buy rating and a price target of $ 2382.11 (3 days ago).
TipRanks.com also reports that Adyen currently has 13 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $1,954.69 . The target pricing ranges from a high forecast of $2,490.39 down to a low forecast of $1,218.13. Adyen (ADYYF)’s last closing price was $1,676 which would put the average price target at 16.63% upside.Here are 3rd party ratings for ADYYF:
- TipRanks.com: Moderate Buy
- TradingView.com: Buy
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: buy
- Zacks.com: n/a, n/a
--------------------------------------------------------------------------
Affirm Holdings
Symbol: AFRM
Recent Price: $17.01
Average Analyst Price Target: $19.44 (14.29%)
Market Cap: $5.27B
Last Year's EPS: -$0.57
Consensus EPS Forecast: -$1
Expected Earnings Date: Feb 07 2023
Recent Analyst Action: Bryan Keane, analyst at Deutsche Bank, reiterates coverage on Affirm Holdings (AFRM) in the Technology sector with a Hold rating and a price target of $ 18 (5 days ago).
TipRanks.com also reports that Affirm Holdings currently has 17 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $19.44 . The target pricing ranges from a high forecast of $46.00 down to a low forecast of $10.00. Affirm Holdings (AFRM)’s last closing price was $17.01 which would put the average price target at 14.29% upside.Here are 3rd party ratings for AFRM:
- TipRanks.com: Hold
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Top 24% (61 out of 250)
--------------------------------------------------------------------------
AppLovin
Symbol: APP
Recent Price: $12.6
Average Analyst Price Target: $23.13 (83.57%)
Market Cap: $4.91B
Last Year's EPS: $0.08
Consensus EPS Forecast: $0.05
Expected Earnings Date: Feb 07 2023
Recent Analyst Action: Mark Zgutowicz, analyst at Benchmark Co., reiterates coverage on AppLovin (APP) in the Technology sector with a Sell rating and has not provided a price target.
TipRanks.com also reports that AppLovin currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $23.13 . The target pricing ranges from a high forecast of $57.00 down to a low forecast of $10.50. AppLovin (APP)’s last closing price was $12.6 which would put the average price target at 83.57% upside.Here are 3rd party ratings for APP:
- TipRanks.com: Moderate Buy
- TradingView.com: Neutral
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Sell, Top 42% (105 out of 250)
--------------------------------------------------------------------------
CDW
Symbol: CDW
Recent Price: $200.06
Average Analyst Price Target: $219.25 (9.59%)
Market Cap: $27.22B
Last Year's EPS: $2.08
Consensus EPS Forecast: $2.48
Expected Earnings Date: Feb 07 2023
Recent Analyst Action: Matthew Sheerin, analyst at Stifel Nicolaus, reiterates coverage on CDW (CDW) in the Technology sector with a Buy rating and a price target of $ 215 (1 week ago).
TipRanks.com also reports that CDW currently has 4 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $219.25 . The target pricing ranges from a high forecast of $225.00 down to a low forecast of $215.00. CDW (CDW)’s last closing price was $200.06 which would put the average price target at 9.59% upside.Here are 3rd party ratings for CDW:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong buy
- Zacks.com: Buy, Bottom 41% (147 out of 250)
--------------------------------------------------------------------------
Ceragon Networks
Symbol: CRNT
Recent Price: $2.2
Average Analyst Price Target: $5.25 (138.64%)
Market Cap: $182.35M
Last Year's EPS: -$0.02
Consensus EPS Forecast: $0.04
Expected Earnings Date: Feb 07 2023
Recent Analyst Action: Alex Henderson, analyst at Needham, reiterates coverage on Ceragon Networks (CRNT) in the Technology sector with a Buy rating and a price target of $ 5.25 (2 months ago).
TipRanks.com also reports that Ceragon Networks currently has 1 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $5.25 . The target pricing ranges from a high forecast of $5.25 down to a low forecast of $5.25. Ceragon Networks (CRNT)’s last closing price was $2.2 which would put the average price target at 138.64% upside.Here are 3rd party ratings for CRNT:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: buy
- Zacks.com: n/a
--------------------------------------------------------------------------
To Your Financial Future,
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.
