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Analysts’ Top Technology Picks: F5, Inc. (FFIV), Elastic (ESTC)

Tipranks - Sat May 30, 6:36AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on F5, Inc. (FFIV), Elastic (ESTC) and MongoDB (MDB) with bullish sentiments.

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F5, Inc. (FFIV)

RBC Capital analyst Matthew Hedberg maintained a Buy rating on F5, Inc. yesterday and set a price target of $425.00. The company’s shares closed last Thursday at $383.43.

According to TipRanks.com, Hedberg is a 4-star analyst with an average return of 4.0% and a 50.8% success rate. Hedberg covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, CrowdStrike Holdings, and Palo Alto Networks. ;'>

F5, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $410.43, a 5.7% upside from current levels. In a report issued on May 17, Evercore ISI also upgraded the stock to Buy with a $475.00 price target.

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

Elastic (ESTC)

In a report released yesterday, Howard Ma from Guggenheim maintained a Buy rating on Elastic, with a price target of $106.00. The company’s shares closed last Thursday at $57.61.

According to TipRanks.com, Ma is a 4-star analyst with an average return of 7.9% and a 48.9% success rate. Ma covers the Technology sector, focusing on stocks such as CommVault Systems, Monday.com, and Atlassian. ;'>

Elastic has an analyst consensus of Moderate Buy, with a price target consensus of $73.37, representing a 28.5% upside. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a $60.00 price target.

MongoDB (MDB)

In a report released yesterday, Rishi Jaluria from RBC Capital maintained a Buy rating on MongoDB, with a price target of $395.00. The company’s shares closed last Thursday at $325.68.

According to TipRanks.com, Jaluria is ranked 0 out of 5 stars with an average return of -6.9% and a 48.5% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and ZoomInfo Technologies. ;'>

Currently, the analyst consensus on MongoDB is a Strong Buy with an average price target of $380.25, implying a 18.3% upside from current levels. In a report issued on May 13, TipRanks – OpenAI also upgraded the stock to Buy with a $324.00 price target.

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