Matthew Hedberg
Stock Analyst at RBC Capital
(4.27)
# 383
Out of 5,064 analysts
626
Total ratings
56.89%
Success rate
12.79%
Average return
Main Sectors:
Stocks Rated by Matthew Hedberg
| Stock | Action | Price Target | Current | Upside | Ratings | Updated | |
|---|---|---|---|---|---|---|---|
| ESTC Elastic | Maintains: Outperform | $125 → $115 | $70.04 | +64.19% | 22 | Nov 21, 2025 | |
| NTCT NetScout Systems | Maintains: Sector Perform | $26 → $31 | $25.97 | +19.37% | 10 | Nov 7, 2025 | |
| NABL N-able | Maintains: Outperform | $9 → $10 | $7.28 | +37.36% | 9 | Nov 7, 2025 | |
| GEN Gen Digital | Maintains: Sector Perform | $33 → $29 | $26.54 | +9.27% | 9 | Nov 7, 2025 | |
| EVCM EverCommerce | Maintains: Outperform | $13 → $12 | $8.37 | +43.37% | 13 | Nov 7, 2025 | |
| DDOG Datadog | Maintains: Outperform | $182 → $216 | $157.55 | +37.10% | 23 | Nov 7, 2025 | |
| NET Cloudflare | Maintains: Outperform | $250 → $265 | $186.38 | +42.18% | 20 | Oct 31, 2025 | |
| NTSK Netskope | Initiates: Outperform | $26 | $18.82 | +38.15% | 1 | Oct 13, 2025 | |
| OKTA Okta, Inc. | Reiterates: Outperform | $115 | $78.68 | +46.16% | 21 | Sep 26, 2025 | |
| PD PagerDuty | Maintains: Outperform | $20 → $18 | $14.90 | +20.81% | 17 | Sep 4, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $250 → $275 | $234.03 | +17.51% | 10 | Aug 28, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $27 → $23 | $13.91 | +65.35% | 18 | Aug 8, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $27 → $29 | $18.62 | +55.75% | 8 | Jun 12, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $131 → $140 | $143.07 | -2.15% | 13 | May 7, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $32 → $29 | $27.20 | +6.62% | 12 | Feb 12, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $46 → $60 | $72.00 | -16.67% | 2 | May 2, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $47 → $56 | $8.82 | +534.92% | 5 | Nov 10, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $72 → $60 | $31.35 | +91.39% | 20 | Oct 29, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $207 → $215 | $187.08 | +14.92% | 13 | Oct 29, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $350 → $315 | $234.29 | +34.45% | 22 | Oct 28, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $510 → $540 | $490.67 | +10.05% | 29 | Oct 13, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $380 | $290.80 | +30.67% | 23 | Oct 6, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $335 → $350 | $275.01 | +27.27% | 23 | Oct 2, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $44 → $46 | $36.72 | +25.27% | 20 | Sep 5, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $232 | $182.90 | +26.85% | 31 | Aug 19, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $60 → $64 | $43.57 | +46.89% | 23 | Aug 7, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $224 → $235 | $172.12 | +36.53% | 17 | Jul 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $28 → $25 | $20.73 | +20.60% | 9 | Jul 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Downgrades: Sector Perform | $420 → $448 | $440.07 | +1.80% | 7 | Jul 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $62 | $41.49 | +49.43% | 28 | Jun 25, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $13 → $15 | $13.01 | +15.30% | 23 | May 30, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $53 → $55 | $41.16 | +33.62% | 14 | May 8, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $1,060 → $1,100 | $813.43 | +35.23% | 19 | May 6, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $83 → $95 | $57.62 | +64.87% | 12 | Feb 27, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $58 → $69 | $77.84 | -11.36% | 1 | Feb 6, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $250 | $297.44 | -15.95% | 1 | Jan 27, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $23 → $19 | $12.86 | +47.74% | 14 | Jan 21, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $23 → $27 | $55.96 | -51.75% | 9 | Nov 6, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $19 | $14.08 | +34.94% | 8 | Sep 27, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $110 → $120 | $39.65 | +202.65% | 12 | Aug 9, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $600 | $324.19 | +85.08% | 18 | Jun 14, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $48 | $10.36 | +363.32% | 11 | Sep 15, 2023 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $39 → $45 | $12.16 | +270.07% | 1 | Jun 4, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $550 → $480 | $78.63 | +510.45% | 1 | May 28, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $490 → $525 | $663.15 | -20.83% | 2 | May 26, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $570 → $610 | $355.35 | +71.66% | 1 | May 6, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $430 → $470 | $162.14 | +189.87% | 1 | Feb 11, 2021 |
Elastic
Nov 21, 2025
Maintains: Outperform
Price Target: $125 → $115
Current: $70.04
Upside: +64.19%
NetScout Systems
Nov 7, 2025
Maintains: Sector Perform
Price Target: $26 → $31
Current: $25.97
Upside: +19.37%
N-able
Nov 7, 2025
Maintains: Outperform
Price Target: $9 → $10
Current: $7.28
Upside: +37.36%
Gen Digital
Nov 7, 2025
Maintains: Sector Perform
Price Target: $33 → $29
Current: $26.54
Upside: +9.27%
EverCommerce
Nov 7, 2025
Maintains: Outperform
Price Target: $13 → $12
Current: $8.37
Upside: +43.37%
Datadog
Nov 7, 2025
Maintains: Outperform
Price Target: $182 → $216
Current: $157.55
Upside: +37.10%
Cloudflare
Oct 31, 2025
Maintains: Outperform
Price Target: $250 → $265
Current: $186.38
Upside: +42.18%
Netskope
Oct 13, 2025
Initiates: Outperform
Price Target: $26
Current: $18.82
Upside: +38.15%
Okta, Inc.
Sep 26, 2025
Reiterates: Outperform
Price Target: $115
Current: $78.68
Upside: +46.16%
PagerDuty
Sep 4, 2025
Maintains: Outperform
Price Target: $20 → $18
Current: $14.90
Upside: +20.81%
Aug 28, 2025
Maintains: Outperform
Price Target: $250 → $275
Current: $234.03
Upside: +17.51%
Aug 8, 2025
Maintains: Sector Perform
Price Target: $27 → $23
Current: $13.91
Upside: +65.35%
Jun 12, 2025
Maintains: Outperform
Price Target: $27 → $29
Current: $18.62
Upside: +55.75%
May 7, 2025
Maintains: Sector Perform
Price Target: $131 → $140
Current: $143.07
Upside: -2.15%
Feb 12, 2025
Maintains: Sector Perform
Price Target: $32 → $29
Current: $27.20
Upside: +6.62%
May 2, 2024
Maintains: Sector Perform
Price Target: $46 → $60
Current: $72.00
Upside: -16.67%
Nov 10, 2021
Maintains: Outperform
Price Target: $47 → $56
Current: $8.82
Upside: +534.92%
Oct 29, 2025
Maintains: Outperform
Price Target: $72 → $60
Current: $31.35
Upside: +91.39%
Oct 29, 2025
Maintains: Sector Perform
Price Target: $207 → $215
Current: $187.08
Upside: +14.92%
Oct 28, 2025
Maintains: Sector Perform
Price Target: $350 → $315
Current: $234.29
Upside: +34.45%
Oct 13, 2025
Maintains: Outperform
Price Target: $510 → $540
Current: $490.67
Upside: +10.05%
Oct 6, 2025
Reiterates: Outperform
Price Target: $380
Current: $290.80
Upside: +30.67%
Oct 2, 2025
Maintains: Outperform
Price Target: $335 → $350
Current: $275.01
Upside: +27.27%
Sep 5, 2025
Maintains: Outperform
Price Target: $44 → $46
Current: $36.72
Upside: +25.27%
Aug 19, 2025
Reiterates: Outperform
Price Target: $232
Current: $182.90
Upside: +26.85%
Aug 7, 2025
Maintains: Outperform
Price Target: $60 → $64
Current: $43.57
Upside: +46.89%
Jul 31, 2025
Maintains: Outperform
Price Target: $224 → $235
Current: $172.12
Upside: +36.53%
Jul 31, 2025
Maintains: Outperform
Price Target: $28 → $25
Current: $20.73
Upside: +20.60%
Jul 31, 2025
Downgrades: Sector Perform
Price Target: $420 → $448
Current: $440.07
Upside: +1.80%
Jun 25, 2025
Reiterates: Outperform
Price Target: $62
Current: $41.49
Upside: +49.43%
May 30, 2025
Maintains: Sector Perform
Price Target: $13 → $15
Current: $13.01
Upside: +15.30%
May 8, 2025
Maintains: Outperform
Price Target: $53 → $55
Current: $41.16
Upside: +33.62%
May 6, 2025
Maintains: Outperform
Price Target: $1,060 → $1,100
Current: $813.43
Upside: +35.23%
Feb 27, 2025
Maintains: Outperform
Price Target: $83 → $95
Current: $57.62
Upside: +64.87%
Feb 6, 2025
Maintains: Outperform
Price Target: $58 → $69
Current: $77.84
Upside: -11.36%
Jan 27, 2025
Reiterates: Outperform
Price Target: $250
Current: $297.44
Upside: -15.95%
Jan 21, 2025
Maintains: Outperform
Price Target: $23 → $19
Current: $12.86
Upside: +47.74%
Nov 6, 2024
Maintains: Sector Perform
Price Target: $23 → $27
Current: $55.96
Upside: -51.75%
Sep 27, 2024
Reiterates: Outperform
Price Target: $19
Current: $14.08
Upside: +34.94%
Aug 9, 2024
Maintains: Outperform
Price Target: $110 → $120
Current: $39.65
Upside: +202.65%
Jun 14, 2024
Reiterates: Outperform
Price Target: $600
Current: $324.19
Upside: +85.08%
Sep 15, 2023
Reiterates: Outperform
Price Target: $48
Current: $10.36
Upside: +363.32%
Jun 4, 2021
Maintains: Outperform
Price Target: $39 → $45
Current: $12.16
Upside: +270.07%
May 28, 2021
Maintains: Outperform
Price Target: $550 → $480
Current: $78.63
Upside: +510.45%
May 26, 2021
Maintains: Outperform
Price Target: $490 → $525
Current: $663.15
Upside: -20.83%
May 6, 2021
Maintains: Outperform
Price Target: $570 → $610
Current: $355.35
Upside: +71.66%
Feb 11, 2021
Maintains: Outperform
Price Target: $430 → $470
Current: $162.14
Upside: +189.87%