SOXX stock price forecast aligns with rising DRAM and NAND contract prices. Sector recovery could extend gains toward $245 if demand trends hold. This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 The analysts’ response is mixed, including some downgrades and price target reductions, but the balance of activity is bullish. More analysts lifted their price targets or reiterated targets above the consensus, lifting MarketBeat’s reported consensus by roughly 150 basis points overnight. The 150 bps gain isn’t much but suggests a 28% upside from the pre-release closing price, and revisions lead to the high-end range, which is another 25% to 30% upside if reached. Recent trading data indicates SOXX consolidating near $225 support, with volume suggesting accumulation ahead of next earnings season. Semiconductor sales growth above 10% YoY could push the ETF toward the $240 resistance zone.
