The iShares Cybersecurity and Tech ETF (IHAK) has a weighted average implied analyst target price of $57.34 per unit, indicating an upside potential of 10.75% from its recent trading price of $51.78. This analysis is based on the performance of its underlying holdings.
Key stocks contributing to this outlook include Okta Inc (OKTA), with a projected target price of $122.87 (23.15% upside from $99.77), Radware Ltd (RDWR), targeted at $31.67 (18.64% upside from $26.69), and Booz Allen Hamilton Holding Corp. (BAH), with a target of $125.82 (17.06% upside from $107.48). Collectively, these stocks make up 9.36% of IHAK.
Investors are encouraged to research whether analysts’ expectations reflect realistic growth opportunities or if they may be overly optimistic in light of recent market developments.
