ATGE Price Prediction Next Week
Analysis and Insights
Based on the analysis of news sentiment, technical indicators, and recent developments, here is the prediction for Adtalem Global Education (ATGE) stock for the next trading week:
News Sentiment and Fundamental Analysis:
- Growth Strategy: Adtalem is focusing on expanding its education portfolio, particularly in nursing, where demand is strong.
- Buyback Program: The company has an active share repurchase program, which has historically driven value for shareholders.
- Analyst Sentiment: Analysts maintain a "Strong Buy" consensus with a price target of $119.67.
Technical Analysis:
- Current Price: $102.32 as of March 24, 2025.
- RSI: 58.65 (neutral, not overbought or oversold).
- MACD: Slightly bearish but showing signs of potential bullish crossover.
- Fibonacci Levels: Pivot at $94.96, resistance at $99.58 and $102.43, support at $90.34 and $87.49.
Prediction:
The stock is expected to break through the resistance level and reach $107.05 by the end of the next trading week.
Recommendation:
Buy ATGE as the combination of positive news and bullish technical indicators suggests upward momentum.
ATGE Similar Chart Price Prediction
The price of ATGE is predicted to go up -2.95%, based on the high correlation periods with STC. The similarity of these two price pattern on the periods is 95.52%.
ATGE
STC
Down: -2.95%Similarity: 95.52%
ATGE Revenue Forecast
ATGE EPS Forecast
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ATGE Analyst's Forecast
Alexander Paris
Barrington Research
Buy
2025-01-31
Price Target
$115 → $120
Upside
+12.06%
Barrington raised the firm's price target on Adtalem Global Education to $120 from $115 and keeps an Outperform rating on the shares following the fiscal Q2 beat. The firm expects demand for healthcare professionals, which represents 90% of Adtalem's total enrollment, will continue to outpace supply for the foreseeable future.
Jeffrey Silber
BMO Capital
Buy
2024-10-30
Price Target
$84 → $90
Upside
+9.6%
