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Analysts Offer Insights on Technology Companies: AudioEye (AEYE), Evolv Technologies Holdings (EVLV) and Formfactor (FORM)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on AudioEye (AEYEResearch Report), Evolv Technologies Holdings (EVLVResearch Report) and Formfactor (FORMResearch Report) with bullish sentiments.

AudioEye (AEYE)

In a report released today, George Sutton from Craig-Hallum assigned a Buy rating to AudioEye. The company’s shares closed last Wednesday at $4.86.

According to TipRanks.com, Sutton is a 5-star analyst with an average return of 9.7% and a 47.8% success rate. Sutton covers the Technology sector, focusing on stocks such as Transact Technologies, Integral Ad Science, and Freightos Limited.

Currently, the analyst consensus on AudioEye is a Moderate Buy with an average price target of $10.00.

See today’s best-performing stocks on TipRanks >>

Evolv Technologies Holdings (EVLV)

Craig-Hallum analyst Chad Bennett assigned a Buy rating to Evolv Technologies Holdings today. The company’s shares closed last Wednesday at $5.95.

According to TipRanks.com, Bennett is a 4-star analyst with an average return of 4.8% and a 50.3% success rate. Bennett covers the Technology sector, focusing on stocks such as E2open Parent Holdings, Varonis Systems, and PROS Holdings.

Currently, the analyst consensus on Evolv Technologies Holdings is a Strong Buy with an average price target of $7.28, which is a 12.7% upside from current levels. In a report issued on September 1, Northland Securities also maintained a Buy rating on the stock with a $8.50 price target.

Formfactor (FORM)

In a report released today, Christian Schwab from Craig-Hallum assigned a Buy rating to Formfactor. The company’s shares closed last Wednesday at $32.89.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 17.0% and a 58.3% success rate. Schwab covers the Technology sector, focusing on stocks such as NEXTracker, Inc. Class A, Advanced Micro Devices, and Ultra Clean Holdings.

Currently, the analyst consensus on Formfactor is a Moderate Buy with an average price target of $38.83.

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