Technology - Quarterly Revenue Analysis

Last updated 2024-12-21 04:07:39 (EST)

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)

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Seasonally Adjusted Quarterly Revenue Growth Rate


QoQ Growth Rate of Revenue	2.5%
YoY Growth Rate of Revenue	19.6%

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 0.82

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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
SOUN	SoundHound AI, Inc.	89.2%	89.1%
IONQ	IonQ, Inc.	54.4%	102.1%
EA	Electronic Arts Inc.	36.7%	5.8%
FLEX	Flex Ltd.	34%	-12.4%
GWRE	Guidewire Software, Inc.	31%	26.8%
SMCI	Super Micro Computer, Inc.	21.1%	143%
ACIW	ACI Worldwide, Inc.	20.2%	24.4%
PTC	PTC Inc.	17.3%	14.6%
MU	Micron Technology, Inc.	16.6%	84.3%
CDNS	Cadence Design Systems, Inc.	14.5%	18.8%
ASML	ASML Holding N.V.	14.3%	11.9%
OLED	Universal Display Corporation	14.3%	14.6%
MRVL	Marvell Technology, Inc.	14.2%	6.9%
DLB	Dolby Laboratories, Inc.	14.1%	4.9%
KLAC	KLA Corporation	14%	18.5%
STX	Seagate Technology Holdings plc	13.8%	49.1%
APP	AppLovin Corporation	13.3%	38.6%
GRMN	Garmin Ltd.	13.1%	24.1%
BILI	Bilibili Inc.	13%	25.8%
NVMI	Nova Ltd.	12.6%	38.9%
MPWR	Monolithic Power Systems, Inc.	12.3%	30.6%
RMBS	Rambus Inc.	12.2%	38.2%
ASTS	AST SpaceMobile, Inc.	12.1%	轉虧為盈%
RBRK	Rubrik, Inc.	12%	42.6%
TER	Teradyne, Inc.	11.7%	5.4%
SPLK	Splunk Inc.	11.5%	18.8%
ONTO	Onto Innovation Inc.	11.2%	21.7%
FIS	Fidelity National Information Services, Inc.	10.8%	3.3%
AMKR	Amkor Technology, Inc.	10.6%	2.2%
INTU	Intuit Inc.	10.3%	10.2%
MDB	MongoDB, Inc.	10.2%	22.3%
JNPR	Juniper Networks, Inc.	10.1%	-4.8%
NVDA	NVIDIA Corporation	9.7%	93.6%
XM	Qualtrics International Inc.	9.7%	22.1%
QCOM	QUALCOMM Incorporated	9.6%	18.7%
JCOM	Ziff Davis, Inc.	9.4%	3.7%
IMOS	ChipMOS TECHNOLOGIES INC.	9.4%	8.7%
GFS	GLOBALFOUNDRIES Inc.	9.2%	-6.1%
AFRM	Affirm Holdings, Inc.	9.1%	40.7%
SHOP	Shopify Inc.	9%	26.1%
HOOD	Robinhood Markets, Inc.	9%	37.1%
LRCX	Lam Research Corporation	9%	19.7%
KVYO	Klaviyo, Inc.	8.5%	33.7%
S	SentinelOne, Inc.	8.4%	28.3%
DUOL	Duolingo, Inc.	8%	39.9%
COHR	Coherent, Inc.	7.9%	28%
PLTR	Palantir Technologies Inc.	7.9%	30%
DDOG	Datadog, Inc.	7.9%	26%
PATH	UiPath Inc.	7.7%	8.8%
NOW	ServiceNow, Inc.	7.6%	22.2%
CWAN	Clearwater Analytics Holdings, Inc.	7.5%	22.4%
AMD	Advanced Micro Devices, Inc.	7.5%	17.6%
IOT	Samsara Inc.	7.4%	35.6%
SNOW	Snowflake Inc.	7.1%	28.3%
RBLX	Roblox Corporation	6.8%	28.8%
MNDY	monday.com Ltd.	6.8%	32.7%
ANSS	ANSYS, Inc.	6.7%	31.2%
SPSC	SPS Commerce, Inc.	6.6%	20.7%
APH	Amphenol Corporation	6.6%	26.2%
JKHY	Jack Henry & Associates, Inc.	6.3%	5.2%
NET	Cloudflare, Inc.	6.3%	28.2%
MTSI	MACOM Technology Solutions Holdings, Inc.	6.2%	33.5%
ACN	Accenture plc	6.2%	9%
TDY	Teledyne Technologies Incorporated	6.2%	2.9%
SNPS	Synopsys, Inc.	6.1%	2.3%
NTNX	Nutanix, Inc.	6%	15.6%
CFLT	Confluent, Inc.	6%	25%
AVGO	Broadcom Inc.	6%	51.2%
GTLB	GitLab Inc.	5.9%	31%
ZM	Zoom Video Communications, Inc.	5.6%	3.6%
WK	Workiva Inc.	5.5%	17.4%
HCP	HashiCorp, Inc.	5.4%	18.7%
UMC	United Microelectronics Corporation	5.4%	6%
TTD	The Trade Desk, Inc.	5.3%	27.3%
MSFT	Microsoft Corporation	5.2%	16%
WDC	Western Digital Corporation	5.2%	48.9%
CVLT	Commvault Systems, Inc.	5.2%	16.1%
CACI	CACI International Inc	5.1%	11.2%
SNX	TD SYNNEX Corporation	5.1%	5.2%
ALTR	Altair Engineering Inc.	5.1%	13%
PLAN	Anaplan, Inc.	5%	30.3%
CRWD	CrowdStrike Holdings, Inc.	5%	28.5%
FTNT	Fortinet, Inc.	5%	13%
ZS	Zscaler, Inc.	4.9%	26.4%
PAYC	Paycom Software, Inc.	4.9%	11.2%
HUBS	HubSpot, Inc.	4.9%	20.1%
ANET	Arista Networks, Inc.	4.9%	20%
VERX	Vertex, Inc.	4.8%	17.5%
CYBR	CyberArk Software Ltd.	4.8%	25.6%
GEN	Gen Digital Inc.	4.7%	2.7%
ESTC	Elastic N.V.	4.6%	17.6%
FLT	FLEETCOR Technologies, Inc.	4.5%	3.8%
TSEM	Tower Semiconductor Ltd.	4.5%	3.4%
YMM	Full Truck Alliance Co. Ltd.	4.5%	33.9%
TRMB	Trimble Inc.	4.5%	-8.5%
TEAM	Atlassian Corporation	4.4%	21.5%
TOST	Toast, Inc.	4.4%	26.5%
SMAR	Smartsheet Inc.	4.4%	16.7%
HPE	Hewlett Packard Enterprise Company	4.4%	15.1%
DAY	Dayforce Inc	4.3%	16.6%
FFIV	F5, Inc.	4.3%	5.6%
DT	Dynatrace, Inc.	4.3%	18.9%
SQSP	Squarespace, Inc.	4.1%	19.9%
FN	Fabrinet	4.1%	17.3%
ADSK	Autodesk, Inc.	4.1%	11%
AMAT	Applied Materials, Inc.	4.1%	4.8%
EXLS	ExlService Holdings, Inc.	4%	14.9%
WAY	Waystar Holding Corp.	4%	21.7%
PANW	Palo Alto Networks, Inc.	3.9%	13.9%
APPF	AppFolio, Inc.	3.9%	24.4%
NTES	NetEase, Inc.	3.9%	-3.9%
COUP	Coupa Software Incorporated	3.8%	17%
PCOR	Procore Technologies, Inc.	3.7%	19.4%
DOCU	DocuSign, Inc.	3.5%	7.8%
NICE	NICE Ltd.	3.4%	14.7%
DSGX	The Descartes Systems Group Inc.	3.3%	16.6%
AKAM	Akamai Technologies, Inc.	3.3%	4.1%
WDAY	Workday, Inc.	3.3%	15.8%
OKTA	Okta, Inc.	3.2%	13.9%
KSPI	Joint Stock Company Kaspi.kz	3.2%	30.5%
MKSI	MKS Instruments, Inc.	3.1%	-3.9%
CTSH	Cognizant Technology Solutions Corporation	3.1%	3%
WIX	Wix.com Ltd.	2.9%	12.9%
ZBRA	Zebra Technologies Corporation	2.9%	31.3%
FOUR	Shift4 Payments, Inc.	2.9%	34.6%
QTWO	Q2 Holdings, Inc.	2.7%	12.9%
TXN	Texas Instruments Incorporated	2.7%	-8.4%
SAP	SAP SE	2.7%	9.4%
GLOB	Globant S.A.	2.7%	12.7%
INFA	Informatica Inc.	2.5%	3.4%
UI	Ubiquiti Inc.	2.5%	18.8%
CSCO	Cisco Systems, Inc.	2.4%	-5.6%
CLS	Celestica Inc.	2.3%	22.3%
CREE	Cree, Inc.	2.1%	-27.7%
INFY	Infosys Limited	2.1%	3.7%
LFUS	Littelfuse, Inc.	2.1%	-6.5%
G	Genpact Limited	2.1%	6.6%
ADI	Analog Devices, Inc.	2%	-10.1%
U	Unity Software Inc.	2%	-18%
OTEX	Open Text Corporation	2%	-11%
ADBE	Adobe Inc.	2%	11.1%
TSM	Taiwan Semiconductor Manufacturing Company Limited	1.8%	39%
KD	Kyndryl Holdings, Inc.	1.7%	-7.3%
ERIC	Telefonaktiebolaget LM Ericsson (publ)	1.7%	-4.2%
GLW	Corning Incorporated	1.7%	6.9%
GDDY	GoDaddy Inc.	1.7%	7.2%
CHKP	Check Point Software Technologies Ltd.	1.6%	6.5%
AAPL	Apple Inc.	1.6%	6.1%
LITE	Lumentum Holdings Inc.	1.4%	6.1%
EPAM	EPAM Systems, Inc.	1.4%	1.3%
ORCL	Oracle Corporation	1.4%	8.6%
BILL	Bill.com Holdings, Inc.	1.3%	17.5%
SSNC	SS&C Technologies Holdings, Inc.	1.3%	7.3%
CRM	Salesforce, Inc.	1.3%	8.3%
GRAB	Grab Holdings Limited	1.2%	16.4%
PCTY	Paylocity Holding Corporation	1.2%	14.3%
COIN	Coinbase Global, Inc.	1.2%	67.4%
TYL	Tyler Technologies, Inc.	1.1%	9.8%
CCCS	CCC Intelligent Solutions Holdings Inc.	1%	7.8%
WIT	Wipro Limited	0.9%	-1%
VRSN	VeriSign, Inc.	0.9%	3.8%
ATVI	Activision Blizzard, Inc.	0.9%	34.2%
LSCC	Lattice Semiconductor Corporation	0.8%	-33.9%
NTAP	NetApp, Inc.	0.8%	6.1%
DOX	Amdocs Limited	0.8%	1.7%
SWKS	Skyworks Solutions, Inc.	0.7%	-15.9%
CIEN	Ciena Corporation	0.5%	-11.8%
IT	Gartner, Inc.	0.3%	5.4%
NEWR	New Relic, Inc.	0.2%	7%
VMW	VMware, Inc.	0.1%	2.2%
TEL	TE Connectivity Ltd.	-	0.8%
GIB	CGI Inc.	-0.1%	1.3%
CDW	CDW Corporation	-0.2%	-2%
MSTR	MicroStrategy Incorporated	-0.2%	-10.3%
CPAY	Corpay, Inc.	-0.3%	6%
ASX	ASE Technology Holding Co., Ltd.	-0.3%	3.9%
MSI	Motorola Solutions, Inc.	-0.3%	9.2%
MANH	Manhattan Associates, Inc.	-0.3%	11.8%
BR	Broadridge Financial Solutions, Inc.	-0.4%	-0.6%
ARW	Arrow Electronics, Inc.	-0.5%	-14.8%
IBM	International Business Machines Corporation	-0.6%	1.5%
DBX	Dropbox, Inc.	-0.6%	0.9%
SATS	EchoStar Corporation	-0.6%	842%
NXPI	NXP Semiconductors N.V.	-0.7%	-5.4%
SQ	Block, Inc.	-0.8%	6.4%
FICO	Fair Isaac Corporation	-0.9%	16.4%
ON	ON Semiconductor Corporation	-1.1%	-19.2%
LDOS	Leidos Holdings, Inc.	-1.4%	6.9%
BSY	Bentley Systems, Incorporated	-1.6%	9.3%
DELL	Dell Technologies Inc.	-1.9%	9.5%
NOK	Nokia Oyj	-1.9%	-13.2%
QRVO	Qorvo, Inc.	-1.9%	-5.2%
CGNX	Cognex Corporation	-2.1%	19%
HPQ	HP Inc.	-2.7%	1.7%
PEGA	Pegasystems Inc.	-2.7%	-2.9%
NLOK	NortonLifeLock Inc.	-2.8%	1.6%
CAJ	Canon Inc.	-2.9%	10.4%
INTC	Intel Corporation	-3.2%	-6.2%
ENTG	Entegris, Inc.	-3.2%	-9.1%
FTV	Fortive Corporation	-3.6%	2.7%
FI	Fiserv, Inc.	-3.6%	7%
FISV	Fiserv, Inc.	-3.6%	7%
UBER	Uber Technologies, Inc.	-4.2%	20.4%
WEX	WEX Inc.	-4.8%	2.2%
BMI	Badger Meter, Inc.	-4.8%	11.9%
IIVI	II-VI Incorporated	-6.1%	35.9%
CDAY	Dayforce Inc.	-6.5%	18.9%
STM	STMicroelectronics N.V.	-6.6%	-26.6%
CRDO	Credo Technology Group Holding Ltd	-7.4%	63.6%
QXO	QXO Inc	-7.7%	-2%
JBL	Jabil Inc.	-7.8%	-16.6%
NATI	National Instruments Corporation	-7.8%	5.4%
MCHP	Microchip Technology Incorporated	-7.8%	-48.4%
PSTG	Pure Storage, Inc.	-8.8%	-
SONY	Sony Group Corporation	-9%	2.7%
LOGI	Logitech International S.A.	-9.4%	5.6%
TTWO	Take-Two Interactive Software, Inc.	-12.2%	4.1%
ARM	Arm Holdings plc American Depositary Shares	-19.6%	4.7%
AZPN	Aspen Technology, Inc.	-23.7%	-13.4%
BKI	Black Knight, Inc.	-25.7%	-28.9%
CAN	Canaan Inc.	-29.7%	121.1%
ALAB	Astera Labs, Inc. Common Stock	-43.1%	206.2%
BRKS	Brooks Automation, Inc.	-44.9%	-44.4%
KEYS	Keysight Technologies, Inc.	-99.4%	-99.4%
NETE	Net Element, Inc.	-100%	-100%
AUR	Aurora Innovation, Inc.	-	-
AMTM	Amentum Holdings, Inc.	-	-

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.