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.
Credo Technology Group Holding Ltd
Symbol: CRDO
Recent Price: $14.06
Average Analyst Price Target: $17.69 (25.82%)
Market Cap: $2.01B
Last Year's EPS:
Consensus EPS Forecast: n/a
Expected Earnings Date: n/a
Recent Analyst Action: Toshiya Hari, analyst at Goldman Sachs, reiterates coverage on Credo Technology Group Holding Ltd (CRDO) in the Technology sector with a Buy rating and a price target of $ 19 (1 month ago).
TipRanks.com also reports that Credo Technology Group Holding Ltd currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $17.69 . The target pricing ranges from a high forecast of $20.00 down to a low forecast of $15.00. Credo Technology Group Holding Ltd (CRDO)’s last closing price was $14.06 which would put the average price target at 25.82% upside.Here are 3rd party ratings for CRDO:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: n/a
- Zacks.com: Hold, Bottom 48% (131 out of 252)
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Media and Games Invest SE
Symbol: MDGIF
Recent Price: $2.55
Average Analyst Price Target: $4.63 (81.57%)
Market Cap: $349.50M
Last Year's EPS:
Consensus EPS Forecast:
Expected Earnings Date:
Recent Analyst Action: Jörg Philipp, analyst at Warburg Research, reiterates coverage on Media and Games Invest SE (MDGIF) in the Technology sector with a Buy rating and a price target of $ 3.97 (1 month ago).
TipRanks.com also reports that Media and Games Invest SE currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $4.63 . The target pricing ranges from a high forecast of $5.46 down to a low forecast of $3.97. Media and Games Invest SE (MDGIF)’s last closing price was $2.55 which would put the average price target at 81.57% upside.Here are 3rd party ratings for MDGIF:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: n/a
- Zacks.com: n/a
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MongoDB
Symbol: MDB
Recent Price: $332.07
Average Analyst Price Target: $397.93 (19.83%)
Market Cap: $24.08B
Last Year's EPS:
Consensus EPS Forecast:
Expected Earnings Date:
Recent Analyst Action: Brian White, analyst at Monness, reiterates coverage on MongoDB (MDB) in the Technology sector with a Hold rating and a price target of n/a (22 hours ago).
TipRanks.com also reports that MongoDB currently has 20 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $397.93 . The target pricing ranges from a high forecast of $575.00 down to a low forecast of $190.00. MongoDB (MDB)’s last closing price was $332.07 which would put the average price target at 19.83% upside.Here are 3rd party ratings for MDB:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Buy, Bottom 48% (130 out of 252)
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Nutanix
Symbol: NTNX
Recent Price: $17.94
Average Analyst Price Target: $20.80 (15.94%)
Market Cap: $4.07B
Last Year's EPS:
Consensus EPS Forecast:
Expected Earnings Date:
Recent Analyst Action: Tim Long, analyst at Barclays, reiterates coverage on Nutanix (NTNX) in the Technology sector with a Buy rating and a price target of $ 22 (22 hours ago).
TipRanks.com also reports that Nutanix currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $20.80 . The target pricing ranges from a high forecast of $25.00 down to a low forecast of $16.00. Nutanix (NTNX)’s last closing price was $17.94 which would put the average price target at 15.94% upside.Here are 3rd party ratings for NTNX:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Bottom 46% (137 out of 252)
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Okta
Symbol: OKTA
Recent Price: $89.8
Average Analyst Price Target: $133.24 (48.37%)
Market Cap: $14.75B
Last Year's EPS: n/a
Consensus EPS Forecast: n/a
Expected Earnings Date: n/a
Recent Analyst Action: Keith Bachman, analyst at BMO Capital, reiterates coverage on Okta (OKTA) in the Technology sector with a Buy rating and a price target of $ 110 (22 hours ago).
TipRanks.com also reports that Okta currently has 23 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $133.24 . The target pricing ranges from a high forecast of $170.00 down to a low forecast of $89.00. Okta (OKTA)’s last closing price was $89.8 which would put the average price target at 48.37% upside.Here are 3rd party ratings for OKTA:
- TipRanks.com: Moderate Buy
- TradingView.com: n/a
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Top 15% (37 out of 252)
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Pure Storage
Symbol: PSTG
Recent Price: $29.77
Average Analyst Price Target: $37.00 (24.29%)
Market Cap: $8.99B
Last Year's EPS:
Consensus EPS Forecast:
Expected Earnings Date:
Recent Analyst Action: Amit Daryanani, analyst at Evercore ISI, reiterates coverage on Pure Storage (PSTG) in the Technology sector with a Buy rating and a price target of $ 38 (22 hours ago).
TipRanks.com also reports that Pure Storage currently has 10 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $37.00 . The target pricing ranges from a high forecast of $44.00 down to a low forecast of $32.00. Pure Storage (PSTG)’s last closing price was $29.77 which would put the average price target at 24.29% upside.Here are 3rd party ratings for PSTG:
- TipRanks.com: Strong Buy
- TradingView.com: n/a
- Yahoo! Finance: Neutral Short-Term Outlook
- Barchart.com: buy
- Zacks.com: Hold, Top 29% (73 out of 252)
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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.
