Big tech stocks, including, Apple Inc. AAPL, Amazon.com, Inc. AMZN, Microsoft Corporation MSFT and Alphabet Inc. GOOGL are all set to report quarterly earnings this week.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Here’s a look at some of the big tech stocks, which are scheduled to release earnings this week, from several analysts, according to Benzinga Analyst Stock Ratings.
Recent Analyst Ratings
- Morgan Stanley’s analyst Erik Woodring maintained an Overweight rating on the company’s stock on 17th October, 2022, lowering the price target to $180 from $177.
- Accuracy Rate: 29%
- Credit Suisse’s analyst Shannon Cross maintained an Outperform rating on the company’s stock 13th October, 2022 and lowered the price target to $201 from $190.
- Accuracy Rate: 19%
Recent News: Apple updated its policy review guidelines for its App Store when it comes to non-fungible tokens, or NFTs, and cryptocurrencies such as Bitcoin BTC/USD, Ethereum ETH/USD and Dogecoin ETH/USD.
Earnings Date: Apple will release earnings on October 27th, 2022.
Recent Analyst Ratings
- JP Morgan analyst Doug Anmuth maintained an Overweight rating on the company’s on 21st October, 2022, but lowered the price target to $185 from $175.
- Accuracy Rate: 81%
- Credit Suisse’s analyst Stephen Ju maintained an Outperform rating on the company’s stock on 20th October, 2022 and lowered the price target to $170 from $159.
- Accuracy Rate: 62%
Recent News: Amazon.com recently filed legal complaints in Italy and Spain in its global bid to shut down fake review brokers.
Earnings Date: Amazon will release earnings on October 27th, 2022.
Recent Analyst Ratings
- UBS analyst Karl Keirstead maintained a Buy rating on the company’s stock on 20th October, 2022, also lowering the price target to $330 from $300.
- Accuracy Rate: 74%
- Rosenblatt analyst Blair Abernethy maintained a Buy rating on the company’s stock on 20th October, 2022 and lowered the price target to $330 from $300.
- Accuracy Rate: 33%
- Piper Sandler analyst Brent Bracelin maintained an Overweight rating on the company’s stock on 20th October, 2022 and lowered the price target to $312 from $275.
- Accuracy Rate: 70%
Recent News: UBS Group and Microsoft recently expanded their partnership to accelerate UBS’s public cloud footprint over the next five years.
Earnings Date: Microsoft will release earnings after the closing on October 25th, 2022.
Recent Analyst Ratings
- Keybanc’s analyst Justin Patterson maintained an Overweight rating on the company’s stock on 25th October 2022, also lowering the price target to $125 from $120.
- Accuracy Rate: 51%
- MKM Partners analyst Rohit Kulkarni reiterated a Buy rating on the company’s stock on 19 October, 2022 and lowered the price target to $140 from $134.
- Accuracy Rate: 78%
Recent News: The Texas attorney general prosecuted Alphabet Google for allegedly collecting Texans’ facial and voice recognition information without their explicit consent.
Earnings Date: Alphabet will release earnings after the closing on October 25th, 2022.
