ENTG Price Prediction Next Week
ENTG Stock Price Prediction and Recommendation
News Analysis:
- CHIPS Act Impact: Recent layoffs in the CHIPS Act office and potential renegotiations may affect ENTG, which has received funding under this initiative.
- Earnings Performance: ENTG reported strong Q4 earnings with revenue and profit beats, but the company expressed uncertainty for 2025 beyond AI growth.
- Analyst Sentiment: Needham maintains a "Buy" rating with a $120 target, reflecting confidence in ENTG's position.
Technical Indicators:
- Price Action: ENTG is currently trading at $97.1, down 1.29% in pre-market, with a 14-day RSI of 46.74, indicating a neutral position.
- Fibonacci Levels: Resistance at $102.19 and support at $94.04 suggest potential price boundaries.
- MACD: The MACD line is below the signal line, indicating bearish momentum.
Prediction and Recommendation:
- Price Prediction: ENTG is expected to trade around $100.50 next week.
- Recommendation: Sell if the stock breaks below $94. Buy if it crosses above $102.19, indicating a bullish reversal.
ENTG Similar Chart Price Prediction
The price of ENTG is predicted to go up 18.24%, based on the high correlation periods with HVT. The similarity of these two price pattern on the periods is 94.57%.
ENTG
HVT
Up: 18.24%Similarity: 94.57%
ENTG Revenue Forecast
ENTG EPS Forecast
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ENTG Analyst's Forecast
Aleksey Yefremov
Keybanc
Buy
2025-01-10
Price Target
$154 → $150
Upside
+51.64%
KeyBanc lowered the firm's price target on Entegris to $150 from $154 and keeps an Overweight rating on the shares. The firm struggles to identify concrete reasons for optimism for 2025 in Chemicals, and sees more uncertainty around 2025 for chemicals than in 2024, including FX headwinds, tariffs, uneven autos and housing, and the risk of labor and materials inflation, the analyst tells investors in a research note. In commodities, given persistent overcapacity, the firm does not see margins meaningfully improving over the next 12 months.
John Roberts
Mizuho
Buy
2025-01-07
Price Target
$125 → $120
Upside
+18.78%
Atif Malik
Citigroup
Strong Buy
2024-11-06
Price Target
$130 → $123
Upside
+17.06%
