Analysts raised price targets across several major tech names on August 12. The moves signal growing confidence after recent earnings beats.
CrowdStrike saw its consensus target price tick up to $195.39, from $194.67. Short interest sits at just 2.8% of free float. Bears are scarce. The cybersecurity leader remains a near-universal buy-rated name, with 40 analysts recommending the stock.
The bigger eye-catcher is Lumentum. Its consensus target now stands at $1,132.68. That is a remarkable level for a photonics and networking-components maker with a $58 billion market cap. Short sellers hold 11.4% of its free float — notable for a stock getting so much analyst love.
Super Micro Computer received a consensus target lift to $38.75. Bears remain active. SMCI carries 17.2% short interest as a percentage of free float. The stock splits analyst opinion sharply — three buys, ten holds, five sells.
Intel picked up a new analyst recommendation today. The consensus target rose to $115.10. Intel has three buy-rated analysts and 31 holds. That lukewarm split reflects ongoing uncertainty about its turnaround. The $492 billion chip giant needs to win back more believers.
Home improvement stocks also saw quiet target lifts. Home Depot edged higher while Lowe's targets dipped slightly — a modest divergence within the same sector.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
