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Price target cuts: Technology

Quantisnow recorded 13 price target cuts among technology stocks in the last 90 days across 8 companies. The largest was META: Monness Crespi & Hardt cut its target 18% to $730 from $890 on Jul 30.

Analyst price-target reductions ranked by size, with old and new targets.

Revisions
13
Companies
8
Busiest day
Jul 31
4 that day
Largest move
-18%
META

Ranked by size of revision

  1. 01META
  2. 02PATH
    BMO Capital Markets reiterated coverage on UiPath with a new price target

    BMO Capital Markets · Market Perform · $18 → $15 (-16.7%)

  3. 03TTAN
    BMO Capital Markets reiterated coverage on ServiceTitan with a new price target

    BMO Capital Markets · Outperform · $103 → $90 (-12.6%)

  4. 04ORCL
    BMO Capital Markets reiterated coverage on Oracle with a new price target

    BMO Capital Markets · Outperform · $220 → $195 (-11.4%)

  5. 05DELL
    Morgan Stanley reiterated coverage on Dell with a new price target

    Morgan Stanley · Equal-Weight · $477 → $430 (-9.9%)

  6. 06MDB
    BMO Capital Markets reiterated coverage on MongoDB with a new price target

    BMO Capital Markets · Outperform · $450 → $420 (-6.7%)

  7. 07INTU
    Oppenheimer reiterated coverage on Intuit with a new price target

    Oppenheimer · Outperform · $406 → $380 (-6.4%)

  8. 08AAPL
    Barclays reiterated coverage on Apple with a new price target

    Barclays · Underweight · $253 → $245 (-3.2%)

  9. 09AAPL
  10. 10AAPL
    Analyst reiterated coverage on Apple with a new price target

    Analyst · Overweight · $345 → $340 (-1.4%)

  11. 11AAPL
    Morgan Stanley reiterated coverage on Apple with a new price target

    Morgan Stanley · Overweight · $360 → $355 (-1.4%)

  12. 12AAPL
    Morgan Stanley reiterated coverage on Apple with a new price target

    Morgan Stanley · Overweight · $364 → $360 (-1.1%)

  13. 13META

Questions

How many price target cuts were there among technology stocks in the last 90 days?
Quantisnow recorded 13 price target cuts among technology stocks in the last 90 days across 8 companies. The largest was META: Monness Crespi & Hardt cut its target 18% to $730 from $890 on Jul 30.
What does a price target cut mean?
The analyst lowered the price they expect the stock to reach. Cuts often follow a guidance reduction or a weak quarter, and a cut with an unchanged Buy rating usually means the analyst still likes the stock but at a lower valuation.
How is this list ranked?
By the percentage drop from the prior target to the new target, largest first. Only revisions where both the old and the new target were published are included.