tiprankstipranks
Blurbs

Analysts’ Opinions Are Mixed on These Technology Stocks: Datadog (DDOG), Coinbase Global (COIN) and Fiverr International (FVRR)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Datadog (DDOGResearch Report), Coinbase Global (COINResearch Report) and Fiverr International (FVRRResearch Report).

Datadog (DDOG)

JMP Securities analyst Patrick Walravens maintained a Hold rating on Datadog today. The company’s shares closed last Thursday at $110.12.

According to TipRanks.com, Walravens is a 4-star analyst with an average return of 7.2% and a 48.3% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and DigitalOcean Holdings.

Currently, the analyst consensus on Datadog is a Strong Buy with an average price target of $154.26, implying a 49.4% upside from current levels. In a report released today, Monness also downgraded the stock to Hold.

See Insiders’ Hot Stocks on TipRanks >>

Coinbase Global (COIN)

JMP Securities analyst Devin Ryan maintained a Buy rating on Coinbase Global today and set a price target of $205.00. The company’s shares closed last Thursday at $88.90, close to its 52-week low of $40.83.

According to TipRanks.com, Ryan is a 5-star analyst with an average return of 14.0% and a 60.1% success rate. Ryan covers the Financial sector, focusing on stocks such as Perella Weinberg Partners, Oaktree Specialty Lending, and Pennantpark Floating Rate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coinbase Global with a $112.22 average price target, which is a 5.8% upside from current levels. In a report released today, Citigroup also maintained a Buy rating on the stock with a $105.00 price target.

Fiverr International (FVRR)

In a report released today, Andrew Boone from JMP Securities maintained a Buy rating on Fiverr International, with a price target of $50.00. The company’s shares closed last Thursday at $39.64, close to its 52-week low of $29.04.

According to TipRanks.com, Boone has 0 stars on 0-5 stars ranking scale with an average return of -24.8% and a 19.5% success rate. Boone covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Zillow Group Class A, and Offerpad Solutions.

Currently, the analyst consensus on Fiverr International is a Moderate Buy with an average price target of $40.29, which is a 17.2% upside from current levels. In a report issued on July 26, Piper Sandler also maintained a Buy rating on the stock with a $50.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on DDOG:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More