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Analysts Offer Insights on Technology Companies: Adyen (OtherADYYF), Marqeta (MQ) and D-Wave Quantum (QBTS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Adyen (ADYYFResearch Report), Marqeta (MQResearch Report) and D-Wave Quantum (QBTSResearch Report).

Adyen (ADYYF)

Goldman Sachs analyst Mohammed Moawalla reiterated a Buy rating on Adyen today and set a price target of EUR1900.00. The company’s shares closed last Monday at $1323.00.

Moawalla has an average return of 36.3% when recommending Adyen.

According to TipRanks.com, Moawalla is ranked #1520 out of 8844 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adyen with a $1854.55 average price target, which is a 34.4% upside from current levels. In a report issued on May 9, Jefferies also assigned a Buy rating to the stock with a EUR1821.00 price target.

See the top stocks recommended by analysts >>

Marqeta (MQ)

Goldman Sachs analyst Mike Ng maintained a Hold rating on Marqeta on May 8 and set a price target of $6.00. The company’s shares closed last Monday at $5.61.

According to TipRanks.com, Ng is a 4-star analyst with an average return of 5.3% and a 48.2% success rate. Ng covers the Technology sector, focusing on stocks such as TD SYNNEX Corporation, Super Micro Computer, and Dell Technologies.

Marqeta has an analyst consensus of Moderate Buy, with a price target consensus of $7.43, representing a 33.9% upside. In a report issued on April 30, Wells Fargo also maintained a Hold rating on the stock with a $7.00 price target.

D-Wave Quantum (QBTS)

Benchmark Co. analyst David Williams reiterated a Buy rating on D-Wave Quantum today and set a price target of $4.00. The company’s shares closed last Monday at $1.37.

According to TipRanks.com, Williams is a 4-star analyst with an average return of 4.5% and a 49.8% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Lattice Semiconductor, and Power Integrations.

D-Wave Quantum has an analyst consensus of Strong Buy, with a price target consensus of $3.17, implying a 149.6% upside from current levels. In a report released today, Craig-Hallum also maintained a Buy rating on the stock.

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