APD Price Prediction Next Week
Technical Analysis: APD's stock is currently showing strong momentum with RSI at 71.80, indicating overbought conditions. The stock closed at $329.26 on January 24, 2025, with a significant 1.62% gain during regular trading hours.
The stock is trading above both its 20-day SMA ($300.71) and 60-day SMA ($311.14), suggesting a strong upward trend. The MACD value of 4.75 indicates positive momentum.
News Impact: Recent significant developments include:
- Mantle Ridge winning three board seats and the removal of company's chairman
- NASA's $11 million payment for helium supply, part of a larger $138 million in government contracts over the past year
- Preliminary Q1 FY2025 adjusted EPS of $2.86, exceeding guidance range of $2.75-$2.85
Price Projection for Next Week: Based on Fibonacci levels:
- Resistance levels: R1: $326.22, R2: $335.65, R3: $350.91
- Support levels: S1: $295.71, S2: $286.28, S3: $271.03
- Pivot: $310.97
Price Target and Recommendation: Given the overbought RSI conditions and recent board changes, APD is likely to experience a short-term pullback. The stock is expected to test the first Fibonacci resistance at $335.65 before potentially retreating toward the pivot point at $310.97.
Recommendation: SELL at current levels ($329.26). Consider re-entering positions near the pivot point of $310.97.
APD Similar Chart Price Prediction
The price of APD is predicted to go up 8.39%, based on the high correlation periods with HP. The similarity of these two price pattern on the periods is 97.28%.
APD
HP
Up: 8.39%Similarity: 97.28%
APD Revenue Forecast
APD EPS Forecast
APD FAQs
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APD VS S&P500
Air Products is poised for rapid growth due to business opportunities that drive its ambitious $30 billion capital allocation plan.
Air Products has emerged as a leader in green and blue hydrogen, with several multi-billion-dollar projects currently in development.
The company's focus on on-site investments will result in a derisked portfolio with more stable cash flows.
APD Analyst's Forecast
Joshua Spector
UBS
Hold → Strong Buy
Price Target
$375
Upside
+14.64%
UBS upgraded Air Products to Buy from Neutral with a $375 price target. The firm views the company's fiscal 2025 outlook as conservative guide and "de-risking actions" as positive catalysts. Activists are focused on de-risking large scale projects and reducing the company's capex spend, the analyst tells investors in a research note. As Air Products' backlog starts up post fiscal 2025, this sets up for a multi-year period of, higher than peers, mid-teens earnings growth, contends UBS.
John McNulty
BMO Capital
Buy
Price Target
$323 → $350
Upside
+10.56%
Duffy Fischer
Barclays
Hold
Price Target
$295 → $315
Upside
+0.76%