The Zacks Analyst Blog Highlights NVIDIA, Roundhill Magnificent Seven ETF, MicroSectors FANG+ ETN, Technology Select Sector SPDR Fund, Vanguard Information Technology Index Fund ETF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 04 2025
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Source: NASDAQ.COM
Tech Earnings Surge: Microsoft and Meta Platforms reported exceptional earnings, contributing to a significant increase in their market capitalizations, with Microsoft surpassing a $4 trillion market cap and both companies heavily investing in AI technologies.
AI Market Growth: The global AI market is projected to grow dramatically from $189 billion in 2023 to $4.8 trillion by 2033, prompting major tech firms like Microsoft, Google, and Amazon to invest billions in AI infrastructure to secure their positions in the evolving landscape.
Analyst Views on VGT
Wall Street analysts forecast VGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VGT 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.
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Current: 754.250
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Current: 754.250
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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.
