7 Technology Stocks That Analysts Love The Most

There are more than 1,100 technology companies traded on public markets in the United States. Many of these companies are household names, like Apple, Amazon, and Netflix, but there are thousands more technology stocks that most investors have never heard of. Given the sheer volume of software companies, computer equipment makers, consumer tech providers, social networks, and other tech stocks, it can be very hard to identify which tech companies are likely to outperform the market.

Fortunately, Wall Street’s brightest minds have already done the hard work for us. Every year, equities research analysts issue approximately 15,000 distinct “buy” and “sell” recommendations for technology companies. Analysts don’t always get their “buy” ratings right, but it’s worth taking a hard look when top-rated analysts from different research firms are giving “strong buy” and “buy” ratings to the same tech stock.

This presentation highlights the 7 technology companies that have the highest average analyst recommendations from Wall Street’s equities research analysts over the last 12 months.

#1 – VMware (NYSE:VMW)

Consensus Rating: Hold
Rating Score: 2.0
Ratings Breakdown: 0 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $169.00 (18.2% Upside)

About VMware

VMware, Inc provides software solutions in the areas of modern applications, cloud management and infrastructure, networking, security, and workspaces in the United States and internationally. It offers VMware multi-cloud solutions, including VMware vSphere, a data center infrastructure that provides the fundamental compute layer; and vSAN and VxRail, which offers holistic data storage and protection options to applications running on vSphere; as well as VMware Cloud Foundation, a cloud platform that combines its vSphere, vSAN, and NSX with VMware Aria Cloud Management into an integrated stack that delivers ready cloud infrastructure for private and public clouds. Read More

Recent Analyst Ratings

#2 – Amdocs (NASDAQ:DOX)

Consensus Rating: Moderate Buy
Rating Score: 2.8
Ratings Breakdown: 4 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $104.83 (37.2% Upside)

About Amdocs

Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers. Read More

Recent Analyst Ratings

#3 – Astera Labs (NASDAQ:ALAB)

Consensus Rating: Buy
Rating Score: 3.0
Ratings Breakdown: 11 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $86.09 (33.3% Upside)

About Astera Labs

Astera Labs, Inc designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale. Read More

Recent Analyst Ratings

#4 – NICE (NASDAQ:NICE)

Consensus Rating: Buy
Rating Score: 3.0
Ratings Breakdown: 14 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $274.69 (57.7% Upside)

About NICE

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers’ needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer’s request, and connects them using real time AI-based routing. Read More

Recent Analyst Ratings

#5 – United Microelectronics (NYSE:UMC)

Consensus Rating: Hold
Rating Score: 2.3
Ratings Breakdown: 1 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $8.90 (1.9% Upside)

About United Microelectronics

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. Read More

Recent Analyst Ratings

#6 – NetEase (NASDAQ:NTES)

Consensus Rating: Moderate Buy
Rating Score: 2.8
Ratings Breakdown: 5 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $125.71 (35.3% Upside)

About NetEase

NetEase, Inc engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments. Read More

Recent Analyst Ratings

#7 – CrowdStrike (NASDAQ:CRWD)

Consensus Rating: Buy
Rating Score: 3.0
Ratings Breakdown: 38 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $375.61 (3.0% Downside)

About CrowdStrike

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services. Read More

Recent Analyst Ratings

#8 – NVIDIA (NASDAQ:NVDA)

Consensus Rating: Moderate Buy
Rating Score: 2.9
Ratings Breakdown: 39 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $116.90 (6.6% Downside)

About NVIDIA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Read More

Recent Analyst Ratings

#9 – ASML (NASDAQ:ASML)

Consensus Rating: Moderate Buy
Rating Score: 2.8
Ratings Breakdown: 10 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $1,036.00 (3.1% Downside)

About ASML

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. Read More

Recent Analyst Ratings

#10 – Synopsys (NASDAQ:SNPS)

Consensus Rating: Buy
Rating Score: 3.0
Ratings Breakdown: 10 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $616.18 (4.3% Upside)

About Synopsys

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. Read More

Recent Analyst Ratings

#11 – STMicroelectronics (NYSE:STM)

Consensus Rating: Moderate Buy
Rating Score: 2.7
Ratings Breakdown: 7 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $50.75 (12.2% Upside)

About STMicroelectronics

STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. Read More

Recent Analyst Ratings

#12 – Nutanix (NASDAQ:NTNX)

Consensus Rating: Moderate Buy
Rating Score: 2.7
Ratings Breakdown: 11 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $72.77 (34.5% Upside)

About Nutanix

Nutanix, Inc provides an enterprise cloud platform in North America, Europe, the Asia Pacific, the Middle East, Latin America, and Africa. The company offers hyperconverged infrastructure software stack that converges virtualization, storage, and networking services into a turnkey solution; Acropolis Hypervisor, an enterprise-grade virtualization solution; flow virtual networking and flow network security, which offers services to visualize the network, automate common network operations, and build virtual private networks; Nutanix Kubernetes Engine for automated deployment and management of Kubernetes clusters to simplify the provisioning, operations, and lifecycle management of cloud-native environments, applications, and microservices; and Nutanix Cloud Clusters. Read More

Recent Analyst Ratings

#13 – CGI (TSE:GIB.A)

Consensus Rating: Buy
Rating Score: 3.0
Ratings Breakdown: 10 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: C$161.27 (16.5% Upside)

About CGI

CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities. Read More

Recent Analyst Ratings

#14 – Vipshop (NYSE:VIPS)

Consensus Rating: Moderate Buy
Rating Score: 2.5
Ratings Breakdown: 2 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $21.60 (33.6% Upside)

About Vipshop

Vipshop Holdings Limited operates online platforms in the People’s Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products. Read More

Recent Analyst Ratings

#15 – Rubrik (NYSE:RBRK)

Consensus Rating: Buy
Rating Score: 3.1
Ratings Breakdown: 14 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $45.50 (41.7% Upside)

About Rubrik

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors. Read More