Analysts Offer Insights on Technology Companies: Dynatrace (DT) and Pegasystems (PEGA)
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Dynatrace (DT)
Barclays analyst Raimo Lenschow maintained a Buy rating on Dynatrace on July 18 and set a price target of $62.00. The company's shares closed last Friday at $53.26.
According to TipRanks.com, Lenschow is a 5-star analyst with an average return of 11.7% and a 59.5% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, CoreWeave, Inc. Class A, and DigitalOcean Holdings. ;'>
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dynatrace with a $63.40 average price target, implying a 19.5% upside from current levels. In a report issued on July 11, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $59.00 price target.
Pegasystems (PEGA)
Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating on Pegasystems today and set a price target of $59.00. The company's shares closed last Friday at $52.21.
According to TipRanks.com, Abernethy is a 5-star analyst with an average return of 9.1% and a 63.8% success rate. Abernethy covers the Technology sector, focusing on stocks such as Bentley Systems, Cadence Design, and PDF Solutions. ;'>
Pegasystems has an analyst consensus of Strong Buy, with a price target consensus of $58.80, a 15.0% upside from current levels. In a report issued on July 15, Wedbush also maintained a Buy rating on the stock with a $68.00 price target.
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Globe and Mail
2 hours ago
- Globe and Mail
Not Nearly Enough People Are Talking About MercadoLibre's Recent Earnings Report
Key Points This e-commerce company's growth remains impressive, with plenty of opportunity ahead. MercadoLibre is spending more now to ensure it wins its fair share of this future growth. Interested investors will want to make sure they enter a position with a true long-term mindset. 10 stocks we like better than MercadoLibre › You're probably aware of how the market's biggest companies fared last quarter. The biggest earnings reports, however, aren't necessarily the best we've seen. Many of this earnings season's most impressive numbers are coming from names that few people have even heard of, and even fewer are talking about yet. Case in point: MercadoLibre (NASDAQ: MELI). This profitable e-commerce outfit's top line soared 34% last quarter (up 53% on a constant-currency basis), extending a multi-year growth streak that's likely to persist at this pace for at least a few more. Better still, the stock didn't jump after the company posted its second-quarter numbers last Monday. They're down just a bit since then, in fact, translating into opportunity for investors looking for a reasonably valued growth stock. Here's the deal. A pretty solid Q2 If you've never heard of MercadoLibre, the most likely reason is that it doesn't do business in the United States. MercadoLibre's focus is exclusively on the Latin American market, and for now, mostly Brazil, Mexico, and Argentina. It's an e-commerce platform, although the description doesn't quite do it justice. It would be more accurate to describe it as a complete business ecosystem, offering everything from payment processing to banking to logistics to advertising, and, of course, a place to sell goods online. It's often referred to as the Amazon of Latin America, in fact, although even that comparison somehow seems to fall short of everything that MercadoLibre is. It's certainly growing like Amazon did during its early years. Last quarter's top line of just under $6.8 billion was 34% better than the year-earlier comparison, lifted by a 21% improvement in the number of merchandise sales it facilitated, and a 39% increase in the number of payments it handled. Indeed, despite offering a wide range of retail technology solutions, payments are actually its biggest business. Although the company doesn't provide guidance, the analyst community is looking for comparable revenue growth at least through 2027. Earnings growth is expected to keep pace too, improving from last fiscal year's $37.69 per share to $95.20 by the end of the three-year stretch. This begs the aren't more people talking about this amazing growth story? For that matter, how has this ticker been allowed to drift lower since its short-lived and relatively small surge following May's release of its first-quarter numbers? There's a reason -- just not a good one. Lots to like Obviously, there are no absolute certainties as to why a stock behaves as it does. There are only conjectures. Conjectures can be well-informed, though. In this case, the post-earnings buzz was focused on MercadoLibre's thinning profit margins. Sales grew well enough, but its costs grew a bit more, limiting last quarter's net income to only $10.31 per share versus analysts' expectation for a per-share profit of $11.93. Free shipping of online orders to more of Brazil's e-commerce customers was the key culprit, although several categories of expenditures -- including marketing -- grew more than a little during the company's fiscal second quarter. The short-term pain is worth the long-term gain There's something the market's not fully appreciating about MercadoLibre's relatively expensive decision to lower the minimum order threshold for free shipping. 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Although online shopping had been around for a while by then, high-speed internet was still relatively new at that time, and broadband-connected smartphones were just starting to become the norm. That's a big reason Amazon's (and for that matter, the industry's) fastest and most explosive growth didn't materialize in earnest until around 2007, when the first iPhone debuted. Now, it's Latin America's turn. Although mobile phones and broadband connectivity have been offered in most of the region's major markets for a while, both are only just now becoming widely available and affordable. Market research firm Canalys says that smartphone shipments to Latin America grew 15% last year to reach a record high of 137 million units, versus a market population of nearly 670 million. 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CTV News
2 hours ago
- CTV News
Fatal explosion at U.S. Steel's plant raises questions about its future, despite heavy investment
This is the back of the safety helmet worn by a steelworker listening to Pennsylvania Governor Josh Shapiro's meeting with media at the Clairton Coke Works, a U.S. Steel plant, in Clairton, Pa., Tuesday, Aug. 12, 2025. (AP Photo/Gene J. Puskar) HARRISBURG, Pa. — The fatal explosion last week at U.S. Steel's Pittsburgh-area coal-processing plant has revived debate about its future just as the iconic American company was emerging from a long period of uncertainty. The fortunes of steelmaking in the U.S. — along with profits, share prices and steel prices — have been buoyed by years of friendly administrations in Washington that slapped tariffs on foreign imports and bolstered the industry's anti-competitive trade cases against China. 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Globe and Mail
3 hours ago
- Globe and Mail
Opinion: The 3 Best Tech Stocks to Own Right Now
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