Based on the recent earnings report and technical analysis, here's the price prediction for ENTG for the next trading week:
Technical Analysis
- Current price: $109
- RSI(14) at 56.32 indicates neutral momentum
- MACD at 0.52 shows positive momentum
- Key resistance levels: $111.77 (Fibonacci R2), $117.41 (Fibonacci R3)
- Key support levels: $102.64 (Fibonacci Pivot), $97.00 (Fibonacci S1)
Recent Developments
- Strong Q4 2024 performance with revenue of $849.84M, beating estimates
- Adjusted EPS of $0.84 exceeded analyst expectations of $0.78
- Q1 2025 guidance below expectations: revenue $775M-$805M, adjusted EPS $0.64-$0.71
- New China restrictions expected to reduce annual revenue by $30-$40M in 2025
Price Target Analysis
The stock is likely to trade between $102-$112 next week, with a target price of $108, based on:
- Positive factors:
- Strong Q4 earnings beat
- Needham maintaining Buy rating with $120 price target
- Continued growth in AI-related segments
- Limiting factors:
- Below-consensus Q1 2025 guidance
- China sales restrictions impact
- Limited visibility outside AI markets
Recommendation: BUY with entry point at $102-$104 range
- Set stop loss at $97 (Fibonacci S1)
- Take profit at $111.77 (Fibonacci R2)
- Risk/reward ratio approximately 1:2
The stock shows potential for upside given strong fundamentals and AI exposure, despite near-term headwinds. The technical setup suggests a bullish bias within the defined range.
Based on the recent earnings report and technical analysis, here's the price prediction for ENTG for the next trading week:
Technical Analysis
- Current price: $109
- RSI(14) at 56.32 indicates neutral momentum
- MACD at 0.52 shows positive momentum
- Key resistance levels: $111.77 (Fibonacci R2), $117.41 (Fibonacci R3)
- Key support levels: $102.64 (Fibonacci Pivot), $97.00 (Fibonacci S1)
Recent Developments
- Strong Q4 2024 performance with revenue of $849.84M, beating estimates
- Adjusted EPS of $0.84 exceeded analyst expectations of $0.78
- Q1 2025 guidance below expectations: revenue $775M-$805M, adjusted EPS $0.64-$0.71
- New China restrictions expected to reduce annual revenue by $30-$40M in 2025
Price Target Analysis
The stock is likely to trade between $102-$112 next week, with a target price of $108, based on:
- Positive factors:
- Strong Q4 earnings beat
- Needham maintaining Buy rating with $120 price target
- Continued growth in AI-related segments
- Limiting factors:
- Below-consensus Q1 2025 guidance
- China sales restrictions impact
- Limited visibility outside AI markets
Recommendation: BUY with entry point at $102-$104 range
- Set stop loss at $97 (Fibonacci S1)
- Take profit at $111.77 (Fibonacci R2)
- Risk/reward ratio approximately 1:2
The stock shows potential for upside given strong fundamentals and AI exposure, despite near-term headwinds. The technical setup suggests a bullish bias within the defined range.