Market Performance: The Nasdaq Composite fell 0.84% on November 17, 2025, primarily due to pressure on major tech stocks like NVIDIA, which dropped about 2%, while Alphabet shares rose 3% following Berkshire Hathaway's investment.
NVIDIA's Outlook: NVIDIA's CEO announced significant business bookings for 2025 and 2026, leading to bullish expectations for the company's earnings, although analysts caution that any signs of demand cooling could negatively impact the stock.
Year-End Market Predictions: Some strategists, including those from Canaccord Genuity and HSBC, suggest a potential year-end rally in the markets, despite concerns over AI stock valuations and mixed signals from Federal Reserve officials regarding interest rate cuts.
Technology ETFs Highlighted: Several technology-focused ETFs with favorable P/E ratios and recent price gains were noted, including Invesco QQQ Trust and Invesco Next Gen Connectivity ETF, indicating opportunities in the tech sector amidst current market fluctuations.
Wall Street analysts forecast LEGR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LEGR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast LEGR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LEGR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 61.577
Low
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Current: 61.577
Low
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
