Technology stocks

XL Fleet stock forecast

XL Fleet Stock Forecast – will the stock bounce back?

XL Fleet Corp (NYSE: XL) first caught investors interests in the peak of the 2020 SPAC hype. The company completed their SPAC merger with PIC and are now listed on the NYSE. Since then XL Fleet has been pummelled by shorts, with the stock down 60% over the past 12 months. The stock peaked at …

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ChargePoint stock forecast

ChargePoint Stock Forecast – CHPT has a 40% upside says Wallstreet

ChargePoint Holdings (NYSE: CHPT) first caught the attention of investors after the completion of its SPAC merger with Switchback Energy Acquisition Corporation in March. Changes in the economic and political environment over the past few years have created a growing market for companies like ChargePoint. This includes Joe Biden’s $7.5 Billion charging network infrastructure bill …

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EVgo Stock Forecast

EVgo Stock Forecast: The Emerging Company Charging The United States

EVgo (NASDAQ: EVGO) is a leading provider of electric vehicle charging stations with over 800 across the United States that produce 100% renewable electricity. Because of EVgo’s mission to provide electric charging stations, they are positioned to take advantage of the explosive growth in the electric vehicle industry as many individuals look at purchasing an …

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DraftKing Stock Forecast

DraftKing Stock Forecast: Will DKNG stock bounce back in 2021?

It is interesting how a narrative takes shape for a budding industry like sports betting, and yet the results have zero impact on a company’s stock. This has been the case for DraftKings this year, with so many people believing that the company would thrive as sports betting continued to be legalized in the United …

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Palantir stock Q3

PLTR Stock: Palantir reports deal value of $3.6 Billion in pipeline

Earlier today, Palantir reported positive Q3 results which beat Wallstreet’s expectations on a revenue and earnings per share basis. The company reported their quarterly Earnings per share (EPS) at $0.04, which beat consensus by 33%, while the companies revenues reached $392 Million for the quarter, representing a strong YOY growth rate of 36%. Interestingly, the …

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Nio stock price target

Deutsche Bank boosts Nio Stock price target suggesting 65% upside

Nio Stock (NYSE:NIO) is once again gaining momentum on Wallstreet after a 3 month downtrend, with Nio shares gaining 18.03 percent over the past month. The swing in investor sentiment has been driven by multiple catalysts, including a boosted price target from Deutsche Bank analyst Edison Yu. The boosted valuation came as a surprise to …

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Fastly stock

Fastly Stock: Bulls rally as FSLY sets $1 Billion revenue target by 2025

It was only a year ago when Fastly (NYSE:FSLY) was a FinTwit darling, and now, the edge computing company has dropped by 38% in 2021, and 24% over the past 52-weeks. It seems like just yesterday the stock was peaking at a price of $122.75 per share. Edge computing was once seen as the future …

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SoFi Stock Forecast: Banking Charter to change the game for SoFi

SoFi stock (NASDAQ:SOFI) has had an interesting year in 2021. It is one of the few SPAC mergers that has been able to produce any sort of meaningful gains, and one of the only ones that has outpaced the S&P 500 year to date. It seems like it was just last week when the SPAC …

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MVST stock

MVST Stock: Why Microvast Holdings is trading higher today

Lithium battery manufacturer, Microvast (NASDAQ:MVST) first caught investors attention after the completion of their highly anticipated merger with SPAC company Tuscan Holdings (NASDAQ:THCB). Microvast Stock has struggled since its debut on Wallstreet, currently trading below its PIPE offering price of $10. Nevertheless, the bulls are confident Microvast’s positioning as a global leader in providing next …

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Lucid Motors Stock: The Lucid Air dream becomes a reality for investors

Lucid Motors stock (NASDAQ:LCID) remains one of the most watched stocks on the NASDAQ this year as the company closes in on its first deliveries of its luxury EV Lucid Air model. The stock gained 28% in yesterday’s trading session, marking one of its best trading days since its merger with CCIV. The importance behind …

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