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.
International Business Machines
Symbol: IBM
Recent Price: $120.04
Average Analyst Price Target: $144.00 (19.96%)
Market Cap: $110.00B
Last Year's EPS: $2.41
Consensus EPS Forecast: $1.79
Expected Earnings Date: Oct 18 2022
Recent Analyst Action: Shannon Cross, analyst at Credit Suisse, reiterates coverage on International Business Machines (IBM) in the Technology sector with a Buy rating and a price target of $ 158 (2 days ago).
TipRanks.com also reports that International Business Machines currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $144.00 . The target pricing ranges from a high forecast of $160.00 down to a low forecast of $112.00. International Business Machines (IBM)’s last closing price was $120.04 which would put the average price target at 19.96% upside.Here are 3rd party ratings for IBM:
- TipRanks.com: Moderate Buy
- TradingView.com: Sell
- Yahoo! Finance: Bullish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Sell, Top 37% (93 out of 251)
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ASML Holding
Symbol: ASML
Recent Price: $379.13
Average Analyst Price Target: $652.00 (71.97%)
Market Cap: $162.61B
Last Year's EPS: $4.97
Consensus EPS Forecast: $3.83
Expected Earnings Date: Oct 18 2022
Recent Analyst Action: Joseph Quatrochi, analyst at Wells Fargo, reiterates coverage on ASML Holding (ASML) in the Technology sector with a Buy rating and a price target of $ 510 (4 days ago).
TipRanks.com also reports that ASML Holding currently has 2 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $652.00 . The target pricing ranges from a high forecast of $794.00 down to a low forecast of $510.00. ASML Holding (ASML)’s last closing price was $379.13 which would put the average price target at 71.97% upside.Here are 3rd party ratings for ASML:
- TipRanks.com: Moderate Buy
- TradingView.com: Strong Sell
- Yahoo! Finance: Bearish Short-Term Outlook
- Barchart.com: Strong sell
- Zacks.com: Hold, Bottom 14% (217 out of 251)
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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.
