COTY Price Prediction Next Week
Technical Analysis
COTY's stock is showing significant bearish momentum with RSI-14 at 25.41, well into oversold territory. The MACD indicator (-0.38) displays a bearish trend with the histogram (-0.17) suggesting continued downward pressure. The stock is trading below all major moving averages (5-day: $5.76, 20-day: $6.83, 200-day: $8.71), indicating a strong downtrend.
Price Levels
- Support levels: $5.32 (Fibonacci S2), $4.71 (Fibonacci S3)
- Resistance levels: $6.91 (Fibonacci R1), $7.28 (Fibonacci R2)
- Current price: $5.66
News Impact Recent news has been mixed for COTY:
- Analysts have lowered price targets following disappointing Q2 earnings:
- Morgan Stanley: lowered to $7 from $9
- Canaccord: lowered to $8 from $10
- Evercore ISI: lowered to $10 from $15
- Goldman Sachs: lowered to $8 from $9
Price Prediction for Next Week Based on technical indicators and recent price action:
- Bearish scenario (60% probability): $5.30-$5.40
- Base scenario (30% probability): $5.65-$5.80
- Bullish scenario (10% probability): $5.90-$6.10
Trading Recommendation: SELL
- Current oversold conditions suggest a potential short-term bounce, but the overall trend remains bearish
- Multiple analyst downgrades and weak earnings create significant overhead resistance
- Target exit price: $5.35
- Stop loss: $6.00
COTY Similar Chart Price Prediction
The price of COTY is predicted to go up 32.32%, based on the high correlation periods with MCHX. The similarity of these two price pattern on the periods is 97.71%.
COTY
MCHX
Up: 32.32%Similarity: 97.71%
COTY Revenue Forecast
COTY EPS Forecast
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COTY VS S&P500
We think CEO Sue Nabi, with her 20 years of experience at L'Oreal and track record of successfully launching high-end skincare brand Orveda, has the vision and skill set to accelerate growth at Coty.
As a global beauty maker with a decadeslong presence across North America, Europe, and Asia, Coty can leverage its brands and distribution networks to tap into growing beauty demand.
With low exposure to Asia, just 13% of sales versus the mid-30s at global peers, Coty has ample room to grow in the region aided by innovation focusing on local needs and investments in channels.
COTY Analyst's Forecast
Susan Anderson
Canaccord Genuity
Strong Buy
2025-02-12
Price Target
$10 → $8
Upside
+40.85%
Canaccord lowered the firm's price target on Coty to $8 from $10 and keeps a Buy rating on the shares. The firm noted its results management called out normalizing beauty demand but increased pressure from China, Asia travel retail, Australia, and US consumer beauty. Importantly, Coty did not see retailers start to replenish in the quarter despite healthy sell outs, particularly within the prestige fragrance category.
Dara Mohsenian
Morgan Stanley
Hold
2025-02-12
Price Target
$9 → $7
Upside
+23.24%
Linda Bolton Weiser
DA Davidson
Strong Buy
2025-02-11
Price Target
$13 → $12
Upside
+95.28%
