Should You Buy Assertio Holdings Inc (ASRT) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner long-term investor who wants to enter immediately. The stock is technically overbought (RSI~81.7) and is trading above near-term resistance (pre-market ~$12.51 vs R1 ~$12.32), while the pattern-based outlook points to a higher probability of near-term downside over the next week/month. I would wait for a pullback closer to the pivot (~$11.06) or better before starting a long-term position.
Technical Analysis
Trend/price action: Momentum is still positive but getting stretched. MACD histogram is above 0 (bullish) but positively contracting (uptrend losing steam). RSI_6 at ~81.66 signals overbought conditions. Moving averages are converging, suggesting the prior thrust may be stabilizing rather than accelerating. Levels: Pivot ~11.06 (key area to regain for a healthier entry), Resistance R1 ~12.32 (already exceeded pre-market), next resistance R2 ~13.09. With price above R1 and RSI overbought, risk of a near-term pullback is elevated. Probabilistic pattern read: ~70% chance of -0.73% next day, -1.39% next week, -5.84% next month.
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.
Analyst Ratings and Price Target Trends
Recent analyst change: On 2026-01-05, H.C. Wainwright (Raghuram Selvaraju) reiterated Buy and adjusted the price target to $35 from $3 following the one-for-15 reverse split. Wall Street pro view (from the provided data): Pros—explicit Buy rating and a much higher adjusted PT can support longer-term sentiment. Cons—this appears driven by corporate action adjustment rather than new fundamental catalysts, and the latest quarter shows sharply weaker earnings, which is a key counterweight.
Wall Street analysts forecast ASRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASRT is 27.67 USD with a low forecast of 3 USD and a high forecast of 45 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.
Wall Street analysts forecast ASRT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASRT is 27.67 USD with a low forecast of 3 USD and a high forecast of 45 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.
Current: 11.810
Current: 11.810
