Johnson Controls falls as it crosses below key technical indicator
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 06 Jan 26
Source: NASDAQ.COM
Johnson Controls International PLC (JCI) experienced a significant decline of 7.02% as it crossed below its 5-day SMA. This movement occurs in the context of a generally positive market, with the Nasdaq-100 up 0.20% and the S&P 500 up 0.03%.
The drop in JCI's stock price is attributed to sector rotation, as investors are shifting their focus towards other sectors despite the overall market strength. This indicates a potential reevaluation of JCI's position within the current market landscape.
Investors may need to monitor JCI closely for any upcoming developments or changes in market sentiment that could influence its performance in the near future.
Analyst Views on JCI
Wall Street analysts forecast JCI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JCI is 128.78 USD with a low forecast of 119.00 USD and a high forecast of 142.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 116.740
Low
119.00
Averages
128.78
High
142.00
Current: 116.740
Low
119.00
Averages
128.78
High
142.00
About JCI
Johnson Controls International plc specializes in smart buildings. The Company's segments include Americas, EMEA and APAC. The Company is engaged in engineering, manufacturing, commissioning and retrofitting building products and systems, including commercial heating, ventilating, air-conditioning (HVAC) equipment, industrial refrigeration systems, controls, security systems, fire-detection systems and fire-suppression solutions. The Company also serves customers by providing technical services, including maintenance, management, repair, retrofit and replacement of equipment (in the HVAC, industrial refrigeration, controls, security and fire-protection space) and energy-management consulting. The Company serves various industries, including healthcare, schools, data centers, airports, stadiums and manufacturing. The Company's OpenBlue digital software platform enables enterprises to better manage their physical spaces by combining its building products and services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
