Matthew Hedberg

Q: How accurate are Matthew Hedberg's stock ratings?

About 58% of Matthew's ratings were profitable over a one-year hold, with an average return of +5.5% per rating, measured by 13Foresight from historical prices.

Q: How is Matthew ranked?

Matthew Hedberg is ranked #685 on 13Foresight, scored on hit rate, average return versus the market, and number of calls.

RBC Capital

Wall Street Analyst

★★★★☆

#685

on 13Foresight · ranked by our own returns

59%

Success Rate

+6.1%

Average Return

109 of 186 calls profitable · -133.0% vs benchmark

Time Frame ⓘ

1 Yr 2 Yr 3 Yr 5 Yr

Compared To ⓘ

S&P 500 (SPY)

📈 Across the calls we could measure, roughly 59% of Matthew Hedberg's ratings turned a profit when each position was held for 2 year — averaging +6.1% per rating. These figures are computed by 13Foresight from historical prices, not supplied by the analyst.

Rating Distribution

227 Buy 104 Hold 0 Sell

Matthew's Stock Coverage 61 ratings · 2026-11-15

Company	Date	Position	Consensus ⓘ	Price Target ⓘ	2-Yr Return	vs S&P 500 ⓘ
NOW ServiceNow	Oct 29, 2026	BUY	Strong Buy +105.8% avg upside 61 analysts	$165.00 56.92% Upside	-6.8%	·
GEN Gen Digital	Oct 28, 2026	HOLD	Buy -2.0% avg upside 41 analysts	$27.00 7.26% Downside	+21.9%	·
FFIV F5, Inc.	Oct 27, 2026	BUY	Strong Buy -13.1% avg upside 33 analysts	$540.00 59.54% Upside	-32.7%	·
VRNS Varonis Systems	Oct 16, 2026	HOLD	Buy +6.1% avg upside 39 analysts	$49.75 1.75% Upside	+0.4%	·
BSY Bentley Systems	Oct 12, 2026	BUY	Strong Buy +14.5% avg upside 19 analysts	$48.00 17.27% Upside	+26.1%	·
FROG JFrog	Oct 12, 2026	BUY	Strong Buy +4.5% avg upside 31 analysts	$118.00 25.10% Upside	+14.7%	·
DDOG Datadog	Oct 12, 2026	BUY	Strong Buy +11.5% avg upside 55 analysts	$320.00 35.96% Upside	-35.9%	·
NET Cloudflare	Oct 12, 2026	BUY	Strong Buy +3.0% avg upside 45 analysts	$405.00 44.38% Upside	-12.8%	·
DT Dynatrace	Oct 12, 2026	BUY	Strong Buy +11.8% avg upside 55 analysts	$73.00 26.50% Upside	-31.3%	·
TEAM Atlassian	Oct 12, 2026	BUY	Strong Buy +20.5% avg upside 44 analysts	$235.00 22.49% Upside	-27.8%	·
RPD Rapid7	Oct 12, 2026	HOLD	Hold +55.3% avg upside 29 analysts	$12.00 27.44% Downside	+11.5%	·
QLYS Qualys	Oct 12, 2026	HOLD	Hold -31.3% avg upside 30 analysts	$180.00 19.64% Downside	-12.1%	·
TDC Teradata	Oct 12, 2026	HOLD	Hold -2.1% avg upside 20 analysts	$34.00 0.67% Downside	+4.7%	·
CRM Salesforce	Oct 12, 2026	HOLD	Strong Buy +14.3% avg upside 72 analysts	—	-6.9%	·
ORCL Oracle	Oct 12, 2026	HOLD	Strong Buy +65.3% avg upside 71 analysts	—	-6.0%	·
NTCT Netscout Systems	Oct 12, 2026	HOLD	Hold -17.0% avg upside 7 analysts	$43.00 11.98% Upside	-20.4%	·
CHKP Check Point	Oct 12, 2026	HOLD	Buy -2.8% avg upside 49 analysts	$135.00 11.26% Downside	+9.6%	·
MSFT Microsoft	Oct 12, 2026	BUY	Strong Buy -8.9% avg upside 94 analysts	—	-3.2%	·
OCTV Octave Intelligence	Oct 12, 2026	HOLD	Buy +0.0% avg upside 7 analysts	$21.00 3.20% Downside	+2.6%	·
NABL N-able	Oct 12, 2026	HOLD	Buy +39.0% avg upside 8 analysts	$4.00 22.74% Downside	+8.0%	·
EVCM EverCommerce	Oct 12, 2026	HOLD	Hold +31.8% avg upside 18 analysts	$10.00 9.17% Upside	-12.6%	·
ZS Zscaler	Oct 06, 2026	BUY	Strong Buy +3.2% avg upside 53 analysts	$236.00 0.82% Downside	-9.3%	·
PTC PTC	Oct 05, 2026	HOLD	Buy -23.4% avg upside 31 analysts	$205.00 4.91% Upside	+2.0%	·
OKTA Okta	Sep 23, 2026	BUY	Strong Buy -13.7% avg upside 57 analysts	$230.00 10.49% Upside	-10.9%	·
PATH UiPath	Sep 22, 2026	HOLD	Hold +48.7% avg upside 26 analysts	$15.00 9.18% Upside	+0.1%	·
ADSK Autodesk	Sep 16, 2026	BUY	Strong Buy +21.4% avg upside 48 analysts	$305.00 22.15% Upside	+18.1%	·
SAIL SailPoint, Inc.	Sep 09, 2026	BUY	Strong Buy +5.8% avg upside 40 analysts	$22.00 4.50% Upside	+18.3%	·
CRWD CrowdStrike Holdings	Sep 03, 2026	BUY	Strong Buy -5.9% avg upside 63 analysts	$260.00 3.83% Upside	+5.4%	·
SNOW Snowflake	Sep 03, 2026	BUY	Strong Buy +20.2% avg upside 65 analysts	$440.00 43.71% Upside	-18.4%	·
IOT Samsara	Sep 03, 2026	BUY	Strong Buy +18.9% avg upside 29 analysts	$55.00 30.82% Upside	+6.7%	·
NTSK Netskope, Inc.	Sep 03, 2026	BUY	Strong Buy -22.0% avg upside 19 analysts	$20.00 17.68% Downside	+51.7%	·
PANW Palo Alto Networks	Sep 02, 2026	BUY	Strong Buy -11.9% avg upside 74 analysts	$475.00 29.86% Upside	-1.9%	·
GTLB Gitlab	Sep 02, 2026	HOLD	Buy -2.0% avg upside 36 analysts	$46.00 14.96% Downside	-3.8%	·
ESTC Elastic	Aug 28, 2026	BUY	Buy +13.5% avg upside 39 analysts	$125.00 28.52% Upside	-11.8%	·
PD PagerDuty	Aug 27, 2026	HOLD	Hold +35.1% avg upside 20 analysts	$12.00 29.13% Downside	+24.5%	·
NTNX Nutanix	Aug 27, 2026	BUY	Strong Buy +1.1% avg upside 36 analysts	$90.00 33.93% Upside	-13.6%	·
CVLT CommVault Systems	Apr 12, 2026	HOLD	Buy -19.6% avg upside 30 analysts	$100.00 39.49% Downside	+69.0%	·
WAY Waystar Holding Corp.	Jan 05, 2026	BUY	Strong Buy +35.0% avg upside 30 analysts	$50.00 78.53% Upside	-10.3%	·
APA APA	Oct 12, 2025	HOLD	Hold -20.4% avg upside 42 analysts	$24.00 54.55% Downside	+117.2%	·
OM Outset Medical	May 20, 2025	HOLD	Buy +314.7% avg upside 8 analysts	$21.00 421.03% Upside	-78.9%	·
XMTR Xometry	Apr 15, 2024	HOLD	Strong Buy -11.5% avg upside 21 analysts	$23.00 75.53% Downside	+177.6%	·
ADBE Adobe	Mar 16, 2023	BUY	Buy +24.7% avg upside 55 analysts	$395.00 57.94% Upside	+11.7%	·
DV DoubleVerify Holdings	May 09, 2022	BUY	Buy +34.6% avg upside 23 analysts	$31.00 128.68% Upside	-1.7%	·
GTM ZoomInfo Technologies	Jun 15, 2021	BUY	Sell +288.4% avg upside 32 analysts	$60.00 1276.14% Upside	-36.9%	·
TYL Tyler Technologies	Jun 08, 2021	BUY	Strong Buy +18.6% avg upside 30 analysts	$500.00 26.72% Upside	-5.7%	·
ASAN Asana	Jun 04, 2021	BUY	Hold +49.9% avg upside 27 analysts	$45.00 300.77% Upside	-43.4%	·
ZM Zoom Communications Inc	Jun 02, 2021	BUY	Buy +45.0% avg upside 50 analysts	$480.00 402.63% Upside	-79.5%	·
WDAY Workday	May 27, 2021	BUY	Buy +10.7% avg upside 56 analysts	$280.00 41.49% Upside	-5.8%	·
INTU Intuit	May 26, 2021	BUY	Strong Buy +29.4% avg upside 46 analysts	$525.00 53.94% Upside	-4.3%	·
PLTR Palantir Technologies	May 12, 2021	HOLD	Buy +12.3% avg upside 32 analysts	$20.00 89.13% Downside	-49.7%	·
PCTY Paylocity	May 07, 2021	BUY	Strong Buy +4.9% avg upside 31 analysts	$215.00 25.71% Upside	+2.9%	·
QTWO Q2 Holdings	May 07, 2021	BUY	Strong Buy +13.4% avg upside 26 analysts	$120.00 78.81% Upside	-77.1%	·
DBX Dropbox	May 07, 2021	BUY	Hold -19.1% avg upside 22 analysts	$28.00 22.85% Downside	-13.7%	·
HUBS HubSpot	May 06, 2021	BUY	Buy +26.3% avg upside 47 analysts	$610.00 159.62% Upside	-9.6%	·
TWLO Twilio	May 06, 2021	BUY	Strong Buy +12.3% avg upside 42 analysts	$415.00 102.37% Upside	-82.8%	·
PAYC Paycom	May 05, 2021	BUY	Buy -2.5% avg upside 34 analysts	$430.00 62.83% Upside	-20.1%	·
DE:SAP SAP SE	Jul 18, 2019	BUY	Strong Buy +5.5% avg upside 37 analysts	$167.00 20.86% Downside	+13.1%	·
SAP SAP SE	Jan 17, 2018	HOLD	Strong Buy -19.6% avg upside 30 analysts	$120.00 48.84% Downside	+29.5%	·
AKAM Akamai	May 02, 2017	HOLD	Buy +37.7% avg upside 44 analysts	$58.00 37.51% Downside	+28.4%	·
ADP Automatic Data Processing	Jan 20, 2017	HOLD	Hold -13.2% avg upside 28 analysts	$99.00 66.33% Downside	+36.7%	·
FTNT Fortinet	Aug 25, 2016	HOLD	Hold -14.4% avg upside 62 analysts	$37.00 72.85% Downside	·	·

🔒 56 more ratings — with price targets, crowd consensus and our measured returns.

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 58% of Matthew's ratings were profitable over a one-year hold, with an average return of +5.5% per rating, or -133.1% versus the S&P 500. We score every analyst the same way, from historical prices. Each return is measured in the stock's own trading currency, so for non-US listings the S&P 500 comparison leaves out currency moves.

How is Matthew ranked on 13Foresight?

Matthew Hedberg is currently ranked #685 with a 4-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 NOW, GEN, FFIV, VRNS, BSY, FROG, DDOG, NET, DT, TEAM, RPD, QLYS and 49 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.

Matthew Hedberg

Rating Distribution

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