EE Price Prediction Next Week
Analysis and Insights
News Sentiment and Recent Developments:
Excelerate Energy (EE) has recently announced a strategic partnership with Petrovietnam Gas to secure a stable LNG supply chain from the U.S. to Vietnam by 2026. This collaboration is expected to support Vietnam's growing energy needs while expanding the U.S. LNG market. The news has been positively received, indicating strong execution and strategic growth.
Technical Indicators Analysis:
- RSI (14): 50.82 (Neutral)
- MACD: -0.25 (Slightly bearish signal line crossover)
- SMA: Trading above 20-day SMA ($28.83) but below 50-day SMA ($29.93)
- Fibonacci Levels:
- Resistance: $30.45
- Support: $28.45
The stock is currently trading at $30.33, showing upward momentum with a 3.98% gain during regular market hours.
Price Forecast:
Based on the technical indicators and positive news sentiment, EE is expected to break above the Fibonacci resistance level of $30.45. The target price for the next trading week is $31.17.
Recommendation:
Buy Excelerate Energy (EE) with a target price of $31.17.
EE Similar Chart Price Prediction
The price of EE is predicted to go up -15.57%, based on the high correlation periods with AYRO. The similarity of these two price pattern on the periods is 91.05%.
EE
AYRO
Down: -15.57%Similarity: 91.05%
EE Revenue Forecast
EE EPS Forecast
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EE Analyst's Forecast
Devin McDermott
Morgan Stanley
Hold → Sell
2025-01-31
Price Target
$25 → $29
Downside
-2.91%
Morgan Stanley analyst Devin McDermott downgraded Excelerate Energy to Underweight from Equal Weight with a price target of $29, up from $25. The shares have risen 65% over the past six months and now trade above Morgan Stanley's estimate of fair value for the company's existing assets, the analyst tells investors in a research note. The firm says that while Excelerate is a high-quality business that serves as a key global liquified natural gas "demand enabler," it does not believe the stock should reflect value for pre-final investment decision growth prospects until there is a clearer track record of execution.
Marc Solecitto
Barclays
Buy
2025-01-13
Price Target
$26 → $31
Upside
+3.68%
Dan Walk
JP Morgan
Hold → Sell
2025-01-07
Price Target
$22 → $31
Upside
+4.73%
