Live Analyst Rating Changes 1505 upgrades, downgrades & price-target moves · freshest Wall Street data, updated daily View live feed →
Analyst Tracker/Matthew Hedberg
RBC
Matthew Hedberg
RBC Capital
Wall Street Analyst
★★☆☆☆
#1853
on 13Foresight · ranked by our own returns
45%
Success Rate
+0.6%
Average Return
34 of 75 calls profitable · -1.9% vs benchmark
📈 Across the calls we could measure, roughly 45% of Matthew Hedberg's ratings turned a profit when each position was held for 1 year — averaging +0.6% per rating. These figures are computed by 13Foresight from historical prices, not supplied by the analyst.

Rating Distribution

246 Buy 97 Hold 1 Sell
Matthew's Stock Coverage 60 ratings · 2026-06-18
Company Date Position Consensus ⓘ Price Target ⓘ 1-Yr Return
SAIL
SailPoint, Inc.
 Jun 16, 2026 BUY Strong Buy
+54.6% avg upside
36 analysts
$19.00
43.76% Upside
 ·
OCTV
Octave Intelligence
 Jun 12, 2026 HOLD Buy
+32.8% avg upside
6 analysts
$21.00
26.87% Upside
 ·
DDOG
Datadog
 Jun 09, 2026 BUY Strong Buy
-5.0% avg upside
51 analysts
$250.00
10.24% Upside
 -2.0%
ZS
Zscaler
 Jun 09, 2026 BUY Strong Buy
+77.8% avg upside
50 analysts
$200.00
60.86% Upside
 +2.9%
FFIV
F5, Inc.
 Jun 09, 2026 BUY Buy
-29.1% avg upside
31 analysts
$450.00
16.94% Upside
 -4.0%
NET
Cloudflare
 Jun 09, 2026 BUY Strong Buy
-1.1% avg upside
42 analysts
$260.00
14.63% Upside
 -5.1%
IOT
Samsara
 Jun 05, 2026 BUY Strong Buy
+40.1% avg upside
26 analysts
$42.00
32.95% Upside
 -9.2%
CRWD
CrowdStrike Holdings
 Jun 04, 2026 BUY Strong Buy
-13.5% avg upside
59 analysts
$755.00
10.52% Upside
 -5.0%
NTSK
Netskope, Inc.
 Jun 04, 2026 BUY Strong Buy
+81.7% avg upside
18 analysts
$13.00
49.10% Upside
 -9.9%
SNOW
Snowflake
 Jun 03, 2026 BUY Strong Buy
+20.5% avg upside
63 analysts
$284.00
21.09% Upside
 -3.4%
PANW
Palo Alto Networks
 Jun 03, 2026 BUY Strong Buy
-5.2% avg upside
73 analysts
$330.00
17.04% Upside
 +0.6%
GTLB
Gitlab
 Jun 03, 2026 HOLD Buy
+51.0% avg upside
36 analysts
$29.00
9.47% Upside
 -8.5%
OKTA
Okta
 May 29, 2026 BUY Strong Buy
+4.9% avg upside
55 analysts
$122.00
7.94% Upside
 -5.7%
ADSK
Autodesk
 May 29, 2026 BUY Strong Buy
+57.5% avg upside
44 analysts
$305.00
57.93% Upside
 -14.2%
PATH
UiPath
 May 29, 2026 HOLD Buy
+95.8% avg upside
26 analysts
$12.00
17.35% Upside
 -10.0%
PD
PagerDuty
 May 29, 2026 HOLD Buy
+140.4% avg upside
20 analysts
$9.00
4.49% Upside
 -9.8%
ESTC
Elastic
 May 29, 2026 BUY Strong Buy
+46.2% avg upside
37 analysts
$70.00
19.50% Upside
 -6.7%
NTNX
Nutanix
 May 28, 2026 BUY Strong Buy
+27.0% avg upside
33 analysts
$58.00
24.82% Upside
 -4.8%
DT
Dynatrace
 May 13, 2026 BUY Strong Buy
+30.4% avg upside
51 analysts
$45.00
9.17% Upside
 +18.8%
GTM
ZoomInfo Technologies
 May 11, 2026 SELL Sell
+454.1% avg upside
32 analysts
$4.00
49.22% Upside
 +40.2%
EVCM
EverCommerce
 May 08, 2026 HOLD Buy
+40.2% avg upside
18 analysts
$11.00
25.95% Upside
 -27.0%
ZD
Ziff Davis
 May 08, 2026 BUY Buy
+53.5% avg upside
20 analysts
$48.00
8.39% Upside
 +8.0%
GEN
Gen Digital
 May 08, 2026 HOLD Buy
+19.0% avg upside
41 analysts
$24.00
0.37% Upside
 +7.8%
NTCT
Netscout Systems
 May 07, 2026 HOLD Hold
-20.6% avg upside
7 analysts
$38.00
3.13% Downside
 +8.7%
BSY
Bentley Systems
 May 07, 2026 BUY Strong Buy
+60.0% avg upside
19 analysts
$48.00
63.69% Upside
 -8.9%
NABL
N-able
 May 07, 2026 BUY Buy
+184.5% avg upside
8 analysts
$6.00
96.81% Upside
 -38.6%
PTC
PTC
 May 06, 2026 BUY Strong Buy
+31.0% avg upside
31 analysts
$195.00
66.81% Upside
 -14.5%
QLYS
Qualys
 May 06, 2026 HOLD Hold
-8.6% avg upside
29 analysts
$90.00
19.68% Downside
 +10.1%
TDC
Teradata
 May 05, 2026 HOLD Buy
+7.5% avg upside
20 analysts
$29.00
8.66% Downside
 +3.5%
RPD
Rapid7
 May 05, 2026 HOLD Hold
+248.4% avg upside
29 analysts
$6.00
11.31% Downside
 -2.7%
NOW
ServiceNow
 May 05, 2026 BUY Strong Buy
+124.8% avg upside
55 analysts
$121.00
26.73% Upside
 +4.3%
CHKP
Check Point
 Apr 30, 2026 HOLD Buy
+21.9% avg upside
47 analysts
$135.00
10.66% Upside
 +10.3%
VRNS
Varonis Systems
 Apr 29, 2026 BUY Strong Buy
+34.0% avg upside
36 analysts
$36.00
8.79% Upside
 +20.6%
CVLT
CommVault Systems
 Apr 12, 2026 HOLD Strong Buy
-19.1% avg upside
28 analysts
$100.00
21.23% Downside
 +18.2%
WAY
Waystar Holding Corp.
 Jan 05, 2026 BUY Strong Buy
+108.2% avg upside
29 analysts
$50.00
173.88% Upside
 -42.0%
APA
APA
 Oct 12, 2025 HOLD Hold
+10.8% avg upside
41 analysts
$24.00
29.34% Downside
 +54.3%
OM
Outset Medical
 May 20, 2025 HOLD Buy
+303.6% avg upside
8 analysts
$21.00
422.38% Upside
 -81.5%
XMTR
Xometry
 Apr 15, 2024 HOLD Strong Buy
-30.4% avg upside
18 analysts
$23.00
74.12% Downside
 +29.8%
ADBE
Adobe
 Mar 16, 2023 BUY Buy
+60.5% avg upside
52 analysts
$395.00
101.18% Upside
 +39.4%
DV
DoubleVerify Holdings
 May 09, 2022 BUY Strong Buy
+76.8% avg upside
22 analysts
$31.00
199.03% Upside
 +41.2%
TYL
Tyler Technologies
 Jun 08, 2021 BUY Strong Buy
+65.4% avg upside
28 analysts
$500.00
73.83% Upside
 -12.0%
ASAN
Asana
 Jun 04, 2021 BUY Buy
+140.2% avg upside
26 analysts
$45.00
533.71% Upside
 -42.6%
ZM
Zoom Video Communications
 Jun 02, 2021 BUY Buy
+57.8% avg upside
46 analysts
$480.00
449.18% Upside
 -65.7%
CRM
Salesforce
 May 28, 2021 BUY Strong Buy
+59.0% avg upside
70 analysts
$290.00
87.17% Upside
 -30.7%
WDAY
Workday
 May 27, 2021 BUY Strong Buy
+65.0% avg upside
53 analysts
$280.00
129.84% Upside
 -30.8%
INTU
Intuit
 May 26, 2021 BUY Strong Buy
+88.2% avg upside
42 analysts
$525.00
95.19% Upside
 -7.8%
PLTR
Palantir Technologies
 May 12, 2021 HOLD Buy
+37.6% avg upside
30 analysts
$20.00
84.70% Downside
 -61.1%
DBX
Dropbox
 May 07, 2021 BUY Buy
+8.7% avg upside
22 analysts
$28.00
5.96% Upside
 -14.4%
PCTY
Paylocity
 May 07, 2021 BUY Strong Buy
+64.8% avg upside
30 analysts
$215.00
113.85% Upside
 +7.8%
QTWO
Q2 Holdings
 May 07, 2021 BUY Strong Buy
+71.5% avg upside
26 analysts
$120.00
174.14% Upside
 -53.4%
HUBS
HubSpot
 May 06, 2021 BUY Strong Buy
+83.2% avg upside
45 analysts
$610.00
245.30% Upside
 -27.4%
TWLO
Twilio
 May 06, 2021 BUY Strong Buy
+1.9% avg upside
40 analysts
$415.00
120.55% Upside
 -64.7%
PAYC
Paycom
 May 05, 2021 BUY Buy
+66.3% avg upside
32 analysts
$430.00
247.54% Upside
 -11.7%
MSFT
Microsoft
 Apr 28, 2021 BUY Strong Buy
+11.7% avg upside
90 analysts
$290.00
23.56% Downside
 +14.7%
DE:SAP
SAP SE
 Jul 18, 2019 BUY Strong Buy
+58.1% avg upside
35 analysts
$167.00
18.29% Upside
 ·
SAP
SAP SE
 Jan 17, 2018 HOLD Strong Buy
+15.7% avg upside
29 analysts
$120.00
24.41% Downside
 -5.4%
ORCL
Oracle
 Jun 22, 2017 BUY Strong Buy
+19.3% avg upside
70 analysts
$53.00
71.06% Downside
 -10.9%
AKAM
Akamai
 May 02, 2017 HOLD Buy
+3.8% avg upside
43 analysts
$58.00
54.64% Downside
 +14.6%
ADP
Automatic Data Processing
 Jan 20, 2017 HOLD Hold
+5.0% avg upside
27 analysts
$99.00
54.66% Downside
 +20.2%
FTNT
Fortinet
 Aug 25, 2016 HOLD Buy
-36.2% avg upside
60 analysts
$37.00
74.38% Downside
 +4.5%
🔒 55 more ratings — with price targets, crowd consensus and our measured returns.
Sign in free to unlock See Pro plans
Free account unlocks every analyst's full coverage table.
Matthew Hedberg — Frequently Asked Questions
How accurate are Matthew Hedberg's stock ratings?
Based on the calls 13Foresight could measure, about 45% of Matthew's ratings were profitable over a one-year hold, with an average return of +0.7% per rating, or -1.8% versus the S&P 500. We score every analyst the same way, from historical prices.
How is Matthew ranked on 13Foresight?
Matthew Hedberg is currently ranked #1853 with a 2-star rating. Our rank blends hit rate, average return versus the market, and how many calls we have to judge — so a long, consistent record outweighs a few lucky picks. It is our own calculation, updated daily.
Which stocks does Matthew cover?
Matthew most recently has ratings on SAIL, OCTV, DDOG, ZS, FFIV, NET, IOT, CRWD, NTSK, SNOW, PANW, GTLB and 48 more. See the full coverage table above for positions, price targets and our measured returns.
Where can I see other analyst ratings?
Browse the full analyst leaderboard to compare Wall Street analysts ranked by their measured performance, success rate and average return.

Disclaimer: 13Foresight compiles analyst ratings and price targets from publicly available sources. Performance metrics, rankings and star ratings shown here are calculated independently by 13Foresight from historical market prices and may differ from figures published elsewhere. This information may be incomplete, delayed or inaccurate, is provided for research and informational purposes only, and is not investment advice. The underlying ratings and opinions are those of the respective analysts and their firms; 13Foresight accepts no liability for any decisions made based on this data.