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Analysts Offer Insights on Technology Companies: JFrog (FROG), HubSpot (HUBS) and Nvidia (NVDA)

Analysts have been eager to weigh in on the Technology sector with new ratings on JFrog (FROGResearch Report), HubSpot (HUBSResearch Report) and Nvidia (NVDAResearch Report).

JFrog (FROG)

In a report released today, Rob Owens from Piper Sandler maintained a Hold rating on JFrog, with a price target of $40.00. The company’s shares closed last Wednesday at $37.09, close to its 52-week high of $40.40.

According to TipRanks.com, Owens is a top 25 analyst with an average return of 26.1% and a 67.6% success rate. Owens covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.

Currently, the analyst consensus on JFrog is a Strong Buy with an average price target of $48.00, representing a 33.3% upside. In a report released today, Scotiabank also maintained a Hold rating on the stock with a $45.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

HubSpot (HUBS)

Piper Sandler analyst Brent Bracelin maintained a Buy rating on HubSpot today and set a price target of $675.00. The company’s shares closed last Wednesday at $629.64, close to its 52-week high of $660.00.

According to TipRanks.com, Bracelin is a 4-star analyst with an average return of 4.9% and a 51.3% success rate. Bracelin covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, ZoomInfo Technologies, and Procore Technologies.

Currently, the analyst consensus on HubSpot is a Strong Buy with an average price target of $692.63, implying a 12.9% upside from current levels. In a report released yesterday, Jefferies also upgraded the stock to Buy with a $725.00 price target.

Nvidia (NVDA)

In a report released today, Harsh Kumar from Piper Sandler reiterated a Buy rating on Nvidia, with a price target of $850.00. The company’s shares closed last Wednesday at $739.00, close to its 52-week high of $746.11.

According to TipRanks.com, Kumar is a top 25 analyst with an average return of 26.9% and a 70.7% success rate. Kumar covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Advanced Micro Devices, and Akoustis Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nvidia with a $716.30 average price target, representing a -2.1% downside. In a report issued on February 2, Raymond James also reiterated a Buy rating on the stock.

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