Technology - Quarterly Revenue Analysis

Last updated 2024-09-19 04:47:11 (EDT)

Quarterly Revenue Trend Analysis

Overall Quarterly Revenue Growth Trend of Technology Sector Companies.

Trend Chart of Adjusted Quarterly Revenue vs. Stock Price Trend Chart for Technology Sector ETF (XLK)

FindBillion.com

Seasonally Adjusted Quarterly Revenue Growth Rate


QoQ Growth Rate of Revenue	11.3%
YoY Growth Rate of Revenue	24.5%

Correlation Analysis between Quarterly Revenue and Stock Price

Determine the correlation between the stock price of the Technology Sector ETF (XLK) and the seasonally adjusted overall quarterly revenue of Technology sector companies. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Seasonally Adjusted Quarterly Revenue vs. Stock Price for Technology Sector

Seasonally Adjusted Quarterly Revenue and stock price of Technology Sector show a High Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Seasonally Adjusted Quarterly Revenue and Stock Price

High Correlation 0.8

FindBillion.com

Related Stocks

Related Technology sector stocks, along with their quarterly revenue growth rates (QoQ and YoY).

Ticker	Name	QoQ Growth Rate of Seasonally Adjusted Quarterly Revenue	YoY Growth Rate of Seasonally Adjusted Quarterly Revenue
ALAB	Astera Labs, Inc. Common Stock	149%	619%
ARBKL	Argo Blockchain plc 8.75% Senior Notes due 2026	37.8%	44.4%
PI	Impinj, Inc.	35%	19.2%
ASTS	AST SpaceMobile, Inc.	21.8%	轉虧為盈%
SMCI	Super Micro Computer, Inc.	21.2%	143%
INTU	Intuit Inc.	20.8%	17.4%
PEGA	Pegasystems Inc.	18.8%	17.7%
ANSS	ANSYS, Inc.	18%	19.6%
TSM	Taiwan Semiconductor Manufacturing Company Limited	16.9%	40.1%
STX	Seagate Technology Holdings plc	15.8%	17.8%
ZETA	Zeta Global Holdings Corp.	14.8%	32.6%
AFRM	Affirm Holdings, Inc.	14.2%	47.9%
FOUR	Shift4 Payments, Inc.	12.7%	29.8%
LOGI	Logitech International S.A.	12.6%	12.3%
SPLK	Splunk Inc.	11.5%	18.8%
MU	Micron Technology, Inc.	10.9%	81.5%
NVDA	NVIDIA Corporation	10.9%	122.4%
AZPN	Aspen Technology, Inc.	10.8%	6.9%
YMM	Full Truck Alliance Co. Ltd.	10.5%	34.1%
PCTY	Paylocity Holding Corporation	10%	15.8%
PAYC	Paycom Software, Inc.	9.9%	9.1%
CRUS	Cirrus Logic, Inc.	9.9%	18%
UBER	Uber Technologies, Inc.	9.8%	15.9%
ORCL	Oracle Corporation	9.8%	6.9%
XM	Qualtrics International Inc.	9.7%	22.1%
KVYO	Klaviyo, Inc.	9.6%	35%
NVMI	Nova Ltd.	9.2%	27.8%
RBLX	Roblox Corporation	9%	31.3%
IOT	Samsara Inc.	8.8%	36.9%
DSGX	The Descartes Systems Group Inc.	8.8%	13%
BMI	Badger Meter, Inc.	8.7%	23.2%
AAPL	Apple Inc.	8.6%	4.9%
CDNS	Cadence Design Systems, Inc.	8.4%	8.6%
DAY	Dayforce Inc	8.3%	15.7%
DUOL	Duolingo, Inc.	8%	40.6%
DELL	Dell Technologies Inc.	7.8%	9.1%
MNDY	monday.com Ltd.	7.6%	34.4%
APH	Amphenol Corporation	7.5%	18.2%
TTWO	Take-Two Interactive Software, Inc.	7.4%	4.2%
AMKR	Amkor Technology, Inc.	7.3%	0.2%
BILI	Bilibili Inc.	7.3%	15.5%
CRWD	CrowdStrike Holdings, Inc.	7.2%	31.7%
ASML	ASML Holding N.V.	7.2%	-9.6%
CFLT	Confluent, Inc.	7%	24.1%
ZS	Zscaler, Inc.	6.9%	30.3%
MTSI	MACOM Technology Solutions Holdings, Inc.	6.9%	28.3%
FI	Fiserv, Inc.	6.8%	7.4%
PLTR	Palantir Technologies Inc.	6.7%	27.2%
NET	Cloudflare, Inc.	6.7%	30%
CPAY	Corpay, Inc.	6.7%	2.9%
AVGO	Broadcom Inc.	6.4%	47.3%
BILL	Bill.com Holdings, Inc.	6.2%	16.1%
PCOR	Procore Technologies, Inc.	6.1%	24.4%
QXO	QXO Inc	6.1%	9.7%
DLB	Dolby Laboratories, Inc.	6.1%	4.4%
CVLT	Commvault Systems, Inc.	6%	13.4%
DDOG	Datadog, Inc.	5.8%	26.7%
MDB	MongoDB, Inc.	5.7%	12.8%
ZBRA	Zebra Technologies Corporation	5.6%	-0.2%
DT	Dynatrace, Inc.	5.6%	19.9%
MPWR	Monolithic Power Systems, Inc.	5.5%	15%
HOOD	Robinhood Markets, Inc.	5.4%	41.6%
SATS	EchoStar Corporation	5.3%	772.4%
GTLB	GitLab Inc.	5.3%	30.8%
KLAC	KLA Corporation	5.3%	9%
COHR	Coherent, Inc.	5.2%	9.1%
LDOS	Leidos Holdings, Inc.	5.2%	7.7%
SNPS	Synopsys, Inc.	5%	2.4%
PLAN	Anaplan, Inc.	5%	30.3%
ESTC	Elastic N.V.	4.8%	18.3%
SHOP	Shopify Inc.	4.5%	20.7%
ADI	Analog Devices, Inc.	4.4%	-24.8%
CSCO	Cisco Systems, Inc.	4.3%	-10.3%
TTD	The Trade Desk, Inc.	4.3%	25.9%
ANET	Arista Networks, Inc.	4.2%	15.9%
GFS	GLOBALFOUNDRIES Inc.	4.2%	-11.5%
BSY	Bentley Systems, Incorporated	4.2%	11.3%
SQSP	Squarespace, Inc.	4.1%	19.9%
GLW	Corning Incorporated	4.1%	0.2%
WDC	Western Digital Corporation	4%	40.9%
EXLS	ExlService Holdings, Inc.	3.9%	10.7%
SAIC	Science Applications International Corporation	3.9%	1.9%
GRAB	Grab Holdings Limited	3.9%	17.1%
COUP	Coupa Software Incorporated	3.8%	17%
ADSK	Autodesk, Inc.	3.7%	11.5%
HUBS	HubSpot, Inc.	3.7%	20.4%
MRVL	Marvell Technology, Inc.	3.6%	-5.1%
AMD	Advanced Micro Devices, Inc.	3.6%	8.9%
FLT	FLEETCOR Technologies, Inc.	3.6%	3.8%
ONTO	Onto Innovation Inc.	3.6%	27.1%
ST	Sensata Technologies Holding plc	3.6%	-2.4%
WIX	Wix.com Ltd.	3.4%	11.7%
WDAY	Workday, Inc.	3.4%	16.7%
CWAN	Clearwater Analytics Holdings, Inc.	3.4%	18.8%
SNOW	Snowflake Inc.	3.3%	28.9%
ENTG	Entegris, Inc.	3.3%	-9.8%
NICE	NICE Ltd.	3.2%	14.3%
FN	Fabrinet	3.1%	14.8%
INFY	Infosys Limited	3%	2.1%
ADBE	Adobe Inc.	3%	10.6%
NTAP	NetApp, Inc.	3%	7.6%
SPSC	SPS Commerce, Inc.	3%	17.8%
CACI	CACI International Inc	2.9%	19.7%
FTNT	Fortinet, Inc.	2.8%	10.9%
PANW	Palo Alto Networks, Inc.	2.5%	12.1%
PSTG	Pure Storage, Inc.	2.5%	10.9%
SMAR	Smartsheet Inc.	2.4%	17.3%
MANH	Manhattan Associates, Inc.	2.4%	14.8%
ERIC	Telefonaktiebolaget LM Ericsson (publ)	2.4%	-7.1%
GLOB	Globant S.A.	2.3%	18.1%
DOCU	DocuSign, Inc.	2.3%	7%
CREE	Cree, Inc.	2.1%	-27.7%
INFA	Informatica Inc.	2.1%	6.6%
NTNX	Nutanix, Inc.	2.1%	10.9%
HPQ	HP Inc.	2%	2.4%
G	Genpact Limited	2%	6.3%
VERX	Vertex, Inc.	2%	15.3%
LFUS	Littelfuse, Inc.	2%	-8.7%
IBM	International Business Machines Corporation	1.8%	1.9%
OKTA	Okta, Inc.	1.8%	16.2%
CHKP	Check Point Software Technologies Ltd.	1.7%	6.6%
ATVI	Activision Blizzard, Inc.	1.6%	34.2%
TEL	TE Connectivity Ltd.	1.6%	-0.5%
IT	Gartner, Inc.	1.6%	6.1%
NOVT	Novanta Inc.	1.6%	2.8%
VRNS	Varonis Systems, Inc.	1.6%	12.9%
HCP	HashiCorp, Inc.	1.6%	15.3%
CTSH	Cognizant Technology Solutions Corporation	1.4%	-0.7%
COIN	Coinbase Global, Inc.	1.4%	101.3%
FFIV	F5, Inc.	1.3%	-1%
CYBR	CyberArk Software Ltd.	1.3%	27.8%
RBRK	Rubrik, Inc.	1.3%	35.2%
CCCS	CCC Intelligent Solutions Holdings Inc.	1.2%	9.9%
NOW	ServiceNow, Inc.	1.1%	22.2%
HPE	Hewlett Packard Enterprise Company	1.1%	9.6%
UI	Ubiquiti Inc.	1%	3.3%
WEX	WEX Inc.	1%	8.4%
MSFT	Microsoft Corporation	1%	15.2%
CRM	Salesforce, Inc.	1%	8.4%
CIEN	Ciena Corporation	1%	-11.8%
TYL	Tyler Technologies, Inc.	1%	7.3%
FICO	Fair Isaac Corporation	0.9%	12.3%
INTC	Intel Corporation	0.9%	-0.9%
CDW	CDW Corporation	0.9%	-3.6%
CLS	Celestica Inc.	0.9%	23.3%
APPF	AppFolio, Inc.	0.8%	34.2%
ALTR	Altair Engineering Inc.	0.8%	5.4%
S	SentinelOne, Inc.	0.7%	33.1%
DOX	Amdocs Limited	0.7%	1.1%
JKHY	Jack Henry & Associates, Inc.	0.7%	4.7%
VRSN	VeriSign, Inc.	0.7%	4.1%
ACN	Accenture plc	0.6%	-0.6%
TXN	Texas Instruments Incorporated	0.5%	-15.6%
ASX	ASE Technology Holding Co., Ltd.	0.5%	2.9%
GDDY	GoDaddy Inc.	0.4%	7.2%
VMW	VMware, Inc.	0.4%	2.2%
NXPI	NXP Semiconductors N.V.	0.3%	-5.2%
KEYS	Keysight Technologies, Inc.	0.2%	-11.9%
AMAT	Applied Materials, Inc.	0.2%	5.4%
NEWR	New Relic, Inc.	0.2%	7%
DBX	Dropbox, Inc.	0.1%	1.9%
WIT	Wipro Limited	0.1%	-3.8%
U	Unity Software Inc.	-	-15.8%
AKAM	Akamai Technologies, Inc.	-	4.7%
GIB	CGI Inc.	-0.2%	1.3%
PATH	UiPath Inc.	-0.4%	10.1%
LRCX	Lam Research Corporation	-0.4%	20.7%
UMC	United Microelectronics Corporation	-0.6%	0.9%
MSI	Motorola Solutions, Inc.	-0.7%	9.4%
TER	Teradyne, Inc.	-0.8%	6.7%
TOST	Toast, Inc.	-0.8%	27%
EPAM	EPAM Systems, Inc.	-1.2%	-2%
KD	Kyndryl Holdings, Inc.	-1.3%	-2.5%
JBL	Jabil Inc.	-1.4%	-20.2%
SNX	TD SYNNEX Corporation	-1.6%	-0.8%
FIS	Fidelity National Information Services, Inc.	-1.6%	-33.6%
GEN	Gen Digital Inc.	-2.2%	2%
CAJ	Canon Inc.	-2.3%	10.4%
TDY	Teledyne Technologies Incorporated	-2.8%	-3.6%
SAP	SAP SE	-2.8%	9.7%
NLOK	NortonLifeLock Inc.	-2.8%	1.6%
EA	Electronic Arts Inc.	-2.8%	-14.1%
SQ	Block, Inc.	-2.9%	11.2%
TEAM	Atlassian Corporation	-3%	20.5%
SSNC	SS&C Technologies Holdings, Inc.	-3.5%	6.5%
BR	Broadridge Financial Solutions, Inc.	-3.7%	5.7%
CGNX	Cognex Corporation	-3.7%	-1.3%
FTV	Fortive Corporation	-3.8%	1.7%
APP	AppLovin Corporation	-4.1%	44%
NTES	NetEase, Inc.	-4.5%	6.1%
JNPR	Juniper Networks, Inc.	-4.8%	-16.8%
MSTR	MicroStrategy Incorporated	-5.1%	-7.4%
MKSI	MKS Instruments, Inc.	-5.2%	-11.6%
ARW	Arrow Electronics, Inc.	-5.3%	-19%
IIVI	II-VI Incorporated	-6%	35.9%
QRVO	Qorvo, Inc.	-6.1%	36.2%
QCOM	QUALCOMM Incorporated	-6.2%	11.1%
CDAY	Dayforce Inc.	-6.5%	18.9%
ZM	Zoom Video Communications, Inc.	-6.6%	2.1%
STM	STMicroelectronics N.V.	-6.9%	-25.3%
ON	ON Semiconductor Corporation	-7%	-17.2%
NOK	Nokia Oyj	-7.4%	-21.8%
GRMN	Garmin Ltd.	-7.9%	14.1%
NATI	National Instruments Corporation	-7.9%	5.4%
OTEX	Open Text Corporation	-9.8%	-8.7%
SWKS	Skyworks Solutions, Inc.	-10%	-15.5%
TRMB	Trimble Inc.	-10.1%	-12.4%
MCHP	Microchip Technology Incorporated	-10.5%	-45.8%
SONY	Sony Group Corporation	-10.5%	1.6%
PTC	PTC Inc.	-12.2%	-4.4%
GWRE	Guidewire Software, Inc.	-12.3%	8%
NSIT	Insight Enterprises, Inc.	-13.8%	-8%
LSCC	Lattice Semiconductor Corporation	-14%	-34.7%
OLED	Universal Display Corporation	-20.2%	8.1%
FLEX	Flex Ltd.	-24%	-36.4%
BKI	Black Knight, Inc.	-25.7%	-28.9%
BRKS	Brooks Automation, Inc.	-44.9%	-44.4%
ARM	Arm Holdings plc American Depositary Shares	-45.7%	39.1%
NETE	Net Element, Inc.	-100%	-100%
AUR	Aurora Innovation, Inc.	-	-100%
KSPI	Joint Stock Company Kaspi.kz	-	-

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.