EPD Price Prediction Next Week
Analysis and Insights
Technical Analysis:
EPD's stock price is currently trading at $33.86, with a neutral RSI of 57.21, indicating neither overbought nor oversold conditions. The MACD is slightly bullish, with a signal line crossover, suggesting potential upward momentum.
Fibonacci Levels:
The Fibonacci levels indicate a pivot point at $33.68, with resistance at $34.30 and support at $33.07. These levels are critical for determining potential price movements in the short term.
News Sentiment and Fundamental Analysis:
EPD has shown strong financial performance, with record distributable cash flow and a history of consistent dividend growth. The company's midstream business model provides stability, and its expansion projects position it well for future growth.
Conclusion:
Based on the analysis, EPD is expected to trade between $33.50 and $34.50 in the next trading week. The stock is recommended as a BUY due to its strong fundamentals and positive technical indicators.
Predicted price for the next trading week: $34.20.
EPD Similar Chart Price Prediction
The price of EPD is predicted to go up 6.97%, based on the high correlation periods with RICK. The similarity of these two price pattern on the periods is 91.22%.
EPD
RICK
Up: 6.97%Similarity: 91.22%
EPD Revenue Forecast
EPD EPS Forecast
EPD FAQs
What is EPD revenue forecast for next quarter？
What is EPD eps forecast for next quarter？
EPD VS S&P500
As the largest player in NGL market, Enterprise is most leveraged to petrochemical demand in the Gulf Coast and international markets.
Its expansion into petrochemical activities insulates Enterprise from midstream cyclicality.
Enterprise's marketing activities let it extract additional fees from its asset base while providing insights into each of its markets.
EPD Analyst's Forecast
Jeremy Tonet
JP Morgan
Buy
2025-03-27
Price Target
$37 → $38
Upside
+12.04%
Theresa Chen
Barclays
Buy
2025-03-14
Price Target
$35 → $37
Upside
+10.15%
Holly Stewart
Scotiabank
Hold
2025-03-06
Price Target
$33 → $35
Upside
+6.87%
