The iShares Expanded Tech-Software Sector ETF (IGV) is currently trading at $105.79, indicating a potential upside of 10.58%. Analysts have set a 12-month target price for the ETF at $116.98 based on its underlying holdings. Three notable holdings include Aurora Innovation Inc (AUR), which has a target price of $11.12—an 89.20% increase from its recent price of $5.88; SPS Commerce Inc (SPSC), with a target of $185.40, showing a potential 36.11% upside from $136.21; and Descartes Systems Group Inc (DSGX), whose target is $122.22, suggesting a 23.83% increase from a recent price of $98.70.
Analysts’ optimism, reflected in these target prices, raises questions about their justification amidst recent market developments, signaling a need for further investor research to assess whether these targets will be met or subject to downgrades in the future.
| Name | Symbol | Recent Price | Avg. Analyst 12-Mo. Target | % Upside to Target |
|---|---|---|---|---|
| iShares Expanded Tech-Software Sector ETF | IGV | $105.79 | $116.98 | 10.58% |
| Aurora Innovation Inc | AUR | $5.88 | $11.12 | 89.20% |
| SPS Commerce, Inc. | SPSC | $136.21 | $185.40 | 36.11% |
| Descartes Systems Group Inc | DSGX | $98.70 | $122.22 | 23.83% |
