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.
Nutanix (NTNX) – Nutanix offers enterprise software solutions that makes running and managing data centers easier by combining key technologies into one platform, helping businesses operate across different cloud environments smoothly and efficiently. Yesterday, KeyBanc analyst Brandon Nispel reiterated a Buy rating on NTNX stock with a price target of $95, implying 43.8% upside. Nutanix beat second-quarter expectations for both sales and earnings, and provided upbeat guidance. In the last three months, 11 Top Analysts covering NTNX stock rated it Buy, while two rated it a Hold. Taken together, their 12-month average Nutanix price target implies an upside of about 31%. Year-to-date, NTNX stock has gained nearly 8%.
Lantronix (LTRX) – Lantronix provides secure and reliable technology solutions for connecting and managing devices over the internet, especially for the Internet of Things (IoT). Yesterday, Lake Street analyst Jaeson Schmidt reiterated his Buy rating on LTRX and raised the price target to $5 from $4, implying 7.5% upside. He highlighted the company’s Q2 results that were in line with estimates, describing it as a “solid finish to the year.” he added that the positive guidance and optimistic management tone give confidence that momentum will continue throughout fiscal year 2026. Over the last three months, all four Top Analysts covering LTRX stock rated it a Strong Buy. Combined, their 12-month average Lantronix price target implies an upside of 21%. Year-to-date, LTRX stock has gained nearly 13%.
Autodesk (ADSK) – Autodesk is a technology company that makes software to help people design and create things in 3D. Today, Piper Sandler analyst Clarke Jeffries maintained his Buy rating on ADSK stock, while lifting the price target from $361 to $373, implying 29.3% upside. Jeffries noted that Autodesk mostly met its Q2 goals, raising its full-year revenue, billings, operating margin, and free cash flow targets, despite expecting slower new business growth and declining renewal rates. Over the last three months, nine Top Analysts covering ADSK stock rated it Buy, while three rated it a Hold. Taken together, their 12-month average Autodesk price target implies an upside of over 21%. Year-to-date, ADSK stock has lost nearly 2.4%.
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.