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.
Calix
Symbol: CALX
Recent Price: $43.87
Average Analyst Price Target: $57.50 (31.07%)
Market Cap: $2.93B
Last Year's EPS: $0.38
Consensus EPS Forecast: $0.19
Expected Earnings Date: Jul 24 2022
Recent Analyst Action: Ryan Koontz, analyst at Needham, reiterates coverage on Calix (CALX) in the Technology sector with a Buy rating and a price target of $ 60 (4 days ago).
TipRanks.com also reports that Calix currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $57.50 . The target pricing ranges from a high forecast of $63.00 down to a low forecast of $48.00. Calix (CALX)’s last closing price was $43.87 which would put the average price target at 31.07% upside.Here are 3rd party ratings for CALX:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Bottom 46% (135 out of 252)
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Alphabet Class C
Symbol: GOOG
Recent Price: $108.40
Average Analyst Price Target: $149.70 (38.10%)
Market Cap: $1.42T
Last Year's EPS: $1.36
Consensus EPS Forecast: $1.27
Expected Earnings Date: Jul 25 2022
Recent Analyst Action: John Blackledge, analyst at Cowen & Co., reiterates coverage on Alphabet Class C (GOOG) in the Technology sector with a Buy rating and a price target of $ 150 (11 hours ago).
TipRanks.com also reports that Alphabet Class C currently has 10 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $149.70 . The target pricing ranges from a high forecast of $165.00 down to a low forecast of $132.50. Alphabet Class C (GOOG)’s last closing price was $108.40 which would put the average price target at 38.10% upside.Here are 3rd party ratings for GOOG:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 39% (154 out of 252)
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Corning
Symbol: GLW
Recent Price: $34.24
Average Analyst Price Target: $42.25 (23.39%)
Market Cap: $29.03B
Last Year's EPS: $0.53
Consensus EPS Forecast: $0.56
Expected Earnings Date: Jul 25 2022
Recent Analyst Action: Samik Chatterjee, analyst at J.P. Morgan, reiterates coverage on Corning (GLW) in the Technology sector with a Buy rating and a price target of $ 41 (11 hours ago).
TipRanks.com also reports that Corning currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $42.25 . The target pricing ranges from a high forecast of $48.00 down to a low forecast of $37.00. Corning (GLW)’s last closing price was $34.24 which would put the average price target at 23.39% upside.Here are 3rd party ratings for GLW:
- TipRanks.com: Strong Buy
- TradingView.com: Neutral
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Hold, Top 27% (67 out of 252)
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CoStar Group
Symbol: CSGP
Recent Price: $61.56
Average Analyst Price Target: $74.40 (20.86%)
Market Cap: $24.49B
Last Year's EPS: $0.26
Consensus EPS Forecast: $0.21
Expected Earnings Date: Jul 25 2022
Recent Analyst Action: Ashish Sabadra, analyst at RBC Capital, reiterates coverage on CoStar Group (CSGP) in the Technology sector with a Buy rating and a price target of $ 65 (3 weeks ago).
TipRanks.com also reports that CoStar Group currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $74.40 . The target pricing ranges from a high forecast of $85.00 down to a low forecast of $65.00. CoStar Group (CSGP)’s last closing price was $61.56 which would put the average price target at 20.86% upside.Here are 3rd party ratings for CSGP:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Buy, Top 24% (61 out of 252)
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Microsoft
Symbol: MSFT
Recent Price: $258.48
Average Analyst Price Target: $343.19 (32.77%)
Market Cap: $1.95T
Last Year's EPS: $2.17
Consensus EPS Forecast: $2.29
Expected Earnings Date: Jul 25 2022
Recent Analyst Action: Michael Turrin, analyst at Wells Fargo, reiterates coverage on Microsoft (MSFT) in the Technology sector with a Buy rating and a price target of $ 350 (11 hours ago).
TipRanks.com also reports that Microsoft currently has 30 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $343.19 . The target pricing ranges from a high forecast of $411.00 down to a low forecast of $298.18. Microsoft (MSFT)’s last closing price was $258.48 which would put the average price target at 32.77% upside.Here are 3rd party ratings for MSFT:
- TipRanks.com: Strong Buy
- TradingView.com: Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 49% (129 out of 252)
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Raytheon Technologies
Symbol: RTX
Recent Price: $95.15
Average Analyst Price Target: $116.88 (22.84%)
Market Cap: $140.11B
Last Year's EPS: $1.03
Consensus EPS Forecast: $1.12
Expected Earnings Date: Jul 25 2022
Recent Analyst Action: Sheila Kahyaoglu, analyst at Jefferies, reiterates coverage on Raytheon Technologies (RTX) in the Technology sector with a Buy rating and a price target of $ 120 (1 week ago).
TipRanks.com also reports that Raytheon Technologies currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $116.88 . The target pricing ranges from a high forecast of $130.00 down to a low forecast of $105.00. Raytheon Technologies (RTX)’s last closing price was $95.15 which would put the average price target at 22.84% upside.Here are 3rd party ratings for RTX:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Weak buy
- Zacks.com: Hold, Bottom 23% (194 out of 252)
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Shutterstock
Symbol: SSTK
Recent Price: $60.40
Average Analyst Price Target: $106.00 (75.50%)
Market Cap: $2.18B
Last Year's EPS: $1.02
Consensus EPS Forecast: $0.95
Expected Earnings Date: Jul 25 2022
Recent Analyst Action: Andrew Boone, analyst at JMP Securities, reiterates coverage on Shutterstock (SSTK) in the Technology sector with a Buy rating and a price target of $ 125 (1 month ago).
TipRanks.com also reports that Shutterstock currently has 3 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $106.00 . The target pricing ranges from a high forecast of $125.00 down to a low forecast of $93.00. Shutterstock (SSTK)’s last closing price was $60.40 which would put the average price target at 75.50% upside.Here are 3rd party ratings for SSTK:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: sell
- Zacks.com: Buy, Bottom 46% (137 out of 252)
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Tenable Holdings
Symbol: TENB
Recent Price: $48.73
Average Analyst Price Target: $65.44 (34.29%)
Market Cap: $5.40B
Last Year's EPS: $0.09
Consensus EPS Forecast: $0.01
Expected Earnings Date: Jul 25 2022
Recent Analyst Action: Mike Cikos, analyst at Needham, reiterates coverage on Tenable Holdings (TENB) in the Technology sector with a Buy rating and a price target of $ 60 (5 days ago).
TipRanks.com also reports that Tenable Holdings currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $65.44 . The target pricing ranges from a high forecast of $75.00 down to a low forecast of $57.00. Tenable Holdings (TENB)’s last closing price was $48.73 which would put the average price target at 34.29% upside.Here are 3rd party ratings for TENB:
- TipRanks.com: Strong Buy
- TradingView.com: Buy
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Weak sell
- Zacks.com: Hold, Bottom 46% (135 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.
