The technology sector is in a state of continual transformation, driven by advancements in areas such as artificial intelligence (AI), cloud computing, semiconductors, cybersecurity, and more. Investors must allocate a portion of their funds to this high-growth sector to maximize their portfolio returns. Notably, amid the macroeconomic uncertainty surrounding U.S. President Donald Trump’s tariffs and the ongoing trade war with China, it would be prudent to follow the recommendations of top analysts on technology companies before making a decision.
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According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has significant upside as well.
To find more stocks like these, take a look at TipRanks’ Analyst Top Stocks Tool. It shows you a real-time list of all stocks that have been recently rated by Top-ranking Analysts.
Here are today’s top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Braze (BRZE) – Braze is a customer-engagement platform that is used by businesses for multichannel marketing. Braze helps brands send personalized messages across email, apps, and other channels. Today, Mizuho Securities analyst Siti Panigrahi reiterated a Buy rating on BRZE stock and raised its price target from $40 to $45 (62.7% upside). The company beat Q2 expectations driven by broad-based demand and lower-than-expected down-sell. Moreover, its 3.4% operating margin topped the 0.7% consensus, easing margin concerns. In the last three months, nine Top Analysts covering the stock have rated it a Buy, while one rated it a Hold. Taken together, their 12-month average Braze price target implies an upside of about 46%.
Marvell Technology (MRVL) – Marvell Technology is an American semiconductor company. Today, Barclays analyst Thomas O’Malley reiterated a Buy rating and a $80 price target on MRVL stock, implying 24.8% upside potential, following its lukewarm Q2 results. Over the last three months, 26 Top Analysts covering MRVL stock rated it Buy, while six rated it a Hold. Taken together, their 12-month average Marvell Technology price target implies an upside of nearly 38%.
Gitlab (GTLB) – GitLab is a comprehensive web-based DevOps platform that enables developers to manage and store their code. Gitlab reported better-than-expected Q2 results, but there were overshadowed by the news of the CFO Brian Robins’ exit. Today, Mizuho Securities analyst Gregg Moskowitz reiterated his Buy rating on GTLB stock but lowered the price target to $44 from $47, implying 1.2% upside potential. He stated that GitLab reported a “very good” fiscal Q2, but its guidance disappointed, and there are worries about AI coding tools impacting the company. Over the last three months, 20 Top Analysts covering GTLB stock rated it Buy, while five rated it a Hold. Taken together, their 12-month average Gitlab price target implies an upside of nearly 34%.
Who Are the Top Analysts?
TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. The Top Analysts have each earned a five-star ranking, thanks to the accuracy and profitability of their ratings over time.
See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks’ Top Wall Street Analysts page.