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Analysts Offer Insights on Technology Companies: JFrog (FROG), SolarEdge Technologies (SEDG) and Alkami Technology (ALKT)

Analysts have been eager to weigh in on the Technology sector with new ratings on JFrog (FROGResearch Report), SolarEdge Technologies (SEDGResearch Report) and Alkami Technology (ALKTResearch Report).

JFrog (FROG)

Canaccord Genuity analyst Kingsley Crane maintained a Buy rating on JFrog today and set a price target of $32.00. The company’s shares closed last Thursday at $26.38.

According to TipRanks.com, Crane is a 3-star analyst with an average return of 3.4% and a 48.8% success rate. Crane covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Dynatrace, and Confluent.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for JFrog with a $32.73 average price target, representing a 24.9% upside. In a report issued on October 24, Truist Financial also maintained a Buy rating on the stock with a $33.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

SolarEdge Technologies (SEDG)

In a report released today, Colin Rusch from Oppenheimer maintained a Hold rating on SolarEdge Technologies. The company’s shares closed last Thursday at $69.86.

According to TipRanks.com, Rusch is a top 25 analyst with an average return of 41.1% and a 50.4% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as Aspen Aerogels, Aqua Metals, and Aptiv.

Currently, the analyst consensus on SolarEdge Technologies is a Hold with an average price target of $117.06, implying an 83.2% upside from current levels. In a report issued on October 19, Deutsche Bank also downgraded the stock to Hold with a $150.00 price target.

Alkami Technology (ALKT)

In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Alkami Technology, with a price target of $25.00. The company’s shares closed last Thursday at $19.56.

According to TipRanks.com, Rhee is a 4-star analyst with an average return of 9.1% and a 46.9% success rate. Rhee covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, BlackSky Technology, and Planet Labs PBC.

Alkami Technology has an analyst consensus of Strong Buy, with a price target consensus of $21.83, which is a 14.9% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $25.00 price target.

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