Matthew Hedberg
Stock Analyst at RBC Capital
(4.29)
# 409
Out of 4,967 analysts
641
Total ratings
58.28%
Success rate
12.9%
Average return
Main Sectors:
Stocks Rated by Matthew Hedberg
| Stock | Action | Price Target | Current | Upside | Ratings | Updated | |
|---|---|---|---|---|---|---|---|
| ESTC Elastic | Maintains: Outperform | $106 → $125 | $85.16 | +46.79% | 21 | Aug 29, 2025 | |
| ADSK Autodesk | Maintains: Outperform | $345 → $380 | $319.25 | +19.03% | 22 | Aug 29, 2025 | |
| SNOW Snowflake | Maintains: Outperform | $250 → $275 | $233.40 | +17.82% | 10 | Aug 28, 2025 | |
| OKTA Okta, Inc. | Maintains: Outperform | $113 → $115 | $89.39 | +28.65% | 20 | Aug 27, 2025 | |
| PANW Palo Alto Networks | Reiterates: Outperform | $232 | $190.74 | +21.63% | 29 | Aug 19, 2025 | |
| RPD Rapid7 | Maintains: Sector Perform | $27 → $23 | $20.15 | +14.17% | 18 | Aug 8, 2025 | |
| GEN Gen Digital | Maintains: Sector Perform | $32 → $33 | $29.49 | +11.90% | 8 | Aug 8, 2025 | |
| DT Dynatrace | Maintains: Outperform | $60 → $64 | $50.56 | +26.59% | 21 | Aug 7, 2025 | |
| NET Cloudflare | Maintains: Outperform | $210 → $228 | $208.30 | +9.46% | 19 | Aug 1, 2025 | |
| PTC PTC Inc. | Maintains: Outperform | $224 → $235 | $212.74 | +10.46% | 17 | Jul 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $314 → $326 | $306.70 | +6.29% | 21 | Jul 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $28 → $25 | $19.22 | +30.07% | 9 | Jul 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $224 → $207 | $189.99 | +8.95% | 12 | Jul 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Downgrades: Sector Perform | $420 → $448 | $453.00 | -1.10% | 7 | Jul 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $27 → $29 | $21.08 | +37.57% | 8 | Jun 12, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $131 → $140 | $133.97 | +4.50% | 13 | May 7, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $46 → $60 | $76.75 | -21.82% | 2 | May 2, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $31 → $27 | $8.51 | +217.27% | 5 | Nov 9, 2022 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $58 → $64 | $56.99 | +12.30% | 18 | Jul 30, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Downgrades: Sector Perform | $10 | $10.25 | - | 10 | Jul 7, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $62 | $47.77 | +29.79% | 28 | Jun 25, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $304 → $315 | $274.13 | +14.91% | 21 | Jun 4, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $500 → $510 | $413.53 | +23.33% | 27 | Jun 4, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $22 | $24.39 | -9.80% | 17 | Jun 4, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $13 → $15 | $10.94 | +37.17% | 23 | May 30, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $22 → $20 | $16.05 | +24.61% | 16 | May 30, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $22 → $25 | $24.94 | +0.24% | 12 | May 28, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $53 → $55 | $54.31 | +1.27% | 14 | May 8, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $119 | $134.61 | -11.60% | 22 | May 7, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $1,060 → $1,100 | $912.55 | +20.54% | 19 | May 6, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $14 → $11 | $11.25 | -2.22% | 12 | Mar 14, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $64 → $54 | $35.56 | +51.86% | 19 | Mar 7, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $12 → $10 | $8.00 | +25.00% | 8 | Mar 4, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $83 → $95 | $67.19 | +41.39% | 12 | Feb 27, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $32 → $29 | $20.75 | +39.76% | 12 | Feb 12, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $58 → $69 | $64.42 | +7.11% | 1 | Feb 6, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $22 → $25 | $24.63 | +1.50% | 9 | Jan 31, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $250 | $241.16 | +3.67% | 1 | Jan 27, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $23 → $19 | $9.15 | +107.76% | 14 | Jan 21, 2025 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Sector Perform | $23 → $27 | $51.08 | -47.14% | 9 | Nov 6, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $19 | $25.54 | -25.61% | 8 | Sep 27, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $110 → $120 | $54.21 | +121.36% | 12 | Aug 9, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $600 | $345.81 | +73.51% | 18 | Jun 14, 2024 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Reiterates: Outperform | $48 | $15.93 | +201.32% | 11 | Sep 15, 2023 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $39 → $45 | $13.99 | +221.77% | 1 | Jun 4, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $550 → $480 | $81.91 | +486.04% | 1 | May 28, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $490 → $525 | $662.26 | -20.73% | 2 | May 26, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $570 → $610 | $471.15 | +29.47% | 1 | May 6, 2021 | |
| XXXX XXXXXXXXXXXXXXXX Upgrade | Maintains: Outperform | $430 → $470 | $220.04 | +113.60% | 1 | Feb 11, 2021 |
Elastic
Aug 29, 2025
Maintains: Outperform
Price Target: $106 → $125
Current: $85.16
Upside: +46.79%
Autodesk
Aug 29, 2025
Maintains: Outperform
Price Target: $345 → $380
Current: $319.25
Upside: +19.03%
Snowflake
Aug 28, 2025
Maintains: Outperform
Price Target: $250 → $275
Current: $233.40
Upside: +17.82%
Okta, Inc.
Aug 27, 2025
Maintains: Outperform
Price Target: $113 → $115
Current: $89.39
Upside: +28.65%
Palo Alto Networks
Aug 19, 2025
Reiterates: Outperform
Price Target: $232
Current: $190.74
Upside: +21.63%
Rapid7
Aug 8, 2025
Maintains: Sector Perform
Price Target: $27 → $23
Current: $20.15
Upside: +14.17%
Gen Digital
Aug 8, 2025
Maintains: Sector Perform
Price Target: $32 → $33
Current: $29.49
Upside: +11.90%
Dynatrace
Aug 7, 2025
Maintains: Outperform
Price Target: $60 → $64
Current: $50.56
Upside: +26.59%
Cloudflare
Aug 1, 2025
Maintains: Outperform
Price Target: $210 → $228
Current: $208.30
Upside: +9.46%
PTC Inc.
Jul 31, 2025
Maintains: Outperform
Price Target: $224 → $235
Current: $212.74
Upside: +10.46%
Jul 31, 2025
Maintains: Sector Perform
Price Target: $314 → $326
Current: $306.70
Upside: +6.29%
Jul 31, 2025
Maintains: Outperform
Price Target: $28 → $25
Current: $19.22
Upside: +30.07%
Jul 31, 2025
Maintains: Sector Perform
Price Target: $224 → $207
Current: $189.99
Upside: +8.95%
Jul 31, 2025
Downgrades: Sector Perform
Price Target: $420 → $448
Current: $453.00
Upside: -1.10%
Jun 12, 2025
Maintains: Outperform
Price Target: $27 → $29
Current: $21.08
Upside: +37.57%
May 7, 2025
Maintains: Sector Perform
Price Target: $131 → $140
Current: $133.97
Upside: +4.50%
May 2, 2024
Maintains: Sector Perform
Price Target: $46 → $60
Current: $76.75
Upside: -21.82%
Nov 9, 2022
Maintains: Outperform
Price Target: $31 → $27
Current: $8.51
Upside: +217.27%
Jul 30, 2025
Maintains: Outperform
Price Target: $58 → $64
Current: $56.99
Upside: +12.30%
Jul 7, 2025
Downgrades: Sector Perform
Price Target: $10
Current: $10.25
Upside: -
Jun 25, 2025
Reiterates: Outperform
Price Target: $62
Current: $47.77
Upside: +29.79%
Jun 4, 2025
Maintains: Outperform
Price Target: $304 → $315
Current: $274.13
Upside: +14.91%
Jun 4, 2025
Maintains: Outperform
Price Target: $500 → $510
Current: $413.53
Upside: +23.33%
Jun 4, 2025
Reiterates: Outperform
Price Target: $22
Current: $24.39
Upside: -9.80%
May 30, 2025
Maintains: Sector Perform
Price Target: $13 → $15
Current: $10.94
Upside: +37.17%
May 30, 2025
Maintains: Outperform
Price Target: $22 → $20
Current: $16.05
Upside: +24.61%
May 28, 2025
Maintains: Sector Perform
Price Target: $22 → $25
Current: $24.94
Upside: +0.24%
May 8, 2025
Maintains: Outperform
Price Target: $53 → $55
Current: $54.31
Upside: +1.27%
May 7, 2025
Maintains: Outperform
Price Target: $119
Current: $134.61
Upside: -11.60%
May 6, 2025
Maintains: Outperform
Price Target: $1,060 → $1,100
Current: $912.55
Upside: +20.54%
Mar 14, 2025
Maintains: Outperform
Price Target: $14 → $11
Current: $11.25
Upside: -2.22%
Mar 7, 2025
Maintains: Outperform
Price Target: $64 → $54
Current: $35.56
Upside: +51.86%
Mar 4, 2025
Maintains: Outperform
Price Target: $12 → $10
Current: $8.00
Upside: +25.00%
Feb 27, 2025
Maintains: Outperform
Price Target: $83 → $95
Current: $67.19
Upside: +41.39%
Feb 12, 2025
Maintains: Sector Perform
Price Target: $32 → $29
Current: $20.75
Upside: +39.76%
Feb 6, 2025
Maintains: Outperform
Price Target: $58 → $69
Current: $64.42
Upside: +7.11%
Jan 31, 2025
Maintains: Sector Perform
Price Target: $22 → $25
Current: $24.63
Upside: +1.50%
Jan 27, 2025
Reiterates: Outperform
Price Target: $250
Current: $241.16
Upside: +3.67%
Jan 21, 2025
Maintains: Outperform
Price Target: $23 → $19
Current: $9.15
Upside: +107.76%
Nov 6, 2024
Maintains: Sector Perform
Price Target: $23 → $27
Current: $51.08
Upside: -47.14%
Sep 27, 2024
Reiterates: Outperform
Price Target: $19
Current: $25.54
Upside: -25.61%
Aug 9, 2024
Maintains: Outperform
Price Target: $110 → $120
Current: $54.21
Upside: +121.36%
Jun 14, 2024
Reiterates: Outperform
Price Target: $600
Current: $345.81
Upside: +73.51%
Sep 15, 2023
Reiterates: Outperform
Price Target: $48
Current: $15.93
Upside: +201.32%
Jun 4, 2021
Maintains: Outperform
Price Target: $39 → $45
Current: $13.99
Upside: +221.77%
May 28, 2021
Maintains: Outperform
Price Target: $550 → $480
Current: $81.91
Upside: +486.04%
May 26, 2021
Maintains: Outperform
Price Target: $490 → $525
Current: $662.26
Upside: -20.73%
May 6, 2021
Maintains: Outperform
Price Target: $570 → $610
Current: $471.15
Upside: +29.47%
Feb 11, 2021
Maintains: Outperform
Price Target: $430 → $470
Current: $220.04
Upside: +113.60%