ETN Price Prediction Next Week
Technical Analysis: Based on recent price action, ETN has shown a significant downward trend, with the stock dropping from $273.55 to $274.13 over the past week. The RSI-14 reading of 36.72 indicates the stock is approaching oversold territory but hasn't reached extreme levels yet.
Price Levels and Support/Resistance:
- Current Fibonacci levels show key resistance at $321.32 and support at $306.34
- The 20-day moving average at $327.33 acts as immediate resistance
- Bollinger Bands indicate:
- Lower band: $262.77
- Middle band: $327.33
- Upper band: $391.90
- Current price position suggests moderate downside risk
News Impact Analysis: Recent developments affecting ETN's price movement:
- DeepSeek news triggered a 15% drop in electrical stocks
- Concerns over AI infrastructure build-out have led investors to reassess data center capital expenditure cycles
- However, Bernstein analysts remain constructive on electrical stocks, noting that the long-term AI infrastructure growth remains intact
Analyst Sentiment:
- Consensus remains "Moderate Buy" with a mean price target of $378.95
- Recent analyst actions include RBC Capital lowering price target to $405 from $407 while maintaining Outperform rating
Price Prediction for Next Week: Based on technical indicators and recent news:
- Bearish scenario (60% probability): Stock likely to test support at $306.34
- Base scenario (30% probability): Consolidation between $310-$315
- Bullish scenario (10% probability): Bounce towards $321.32 resistance
Trading Recommendation: SELL
- Entry point: Current market price ($274.13)
- Target: $306.34
- Stop loss: $280.00
- Rationale: Technical indicators show continued downward momentum, coupled with broader market concerns about AI infrastructure spending
ETN Similar Chart Price Prediction
The price of ETN is predicted to go up -17.53%, based on the high correlation periods with CRMD. The similarity of these two price pattern on the periods is 97.26%.
ETN
CRMD
Down: -17.53%Similarity: 97.26%
ETN Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
ETN Price Forecast($)
Potential Return(%)
2025
346.000
1.000
2026
390.000
19.470
2027
450.000
37.850
2028
450.000
37.850
2029
450.000
37.850
2030
500.000
53.170
What is ETN stock price prediction 2025 ?
What is ETN stock price prediction 2026 ?
What is ETN stock price prediction 2027 ?
What is ETN stock price prediction 2028 ?
What is ETN stock price prediction 2029 ?
What is ETN stock price prediction 2030 ?
ETN Revenue Forecast
ETN EPS Forecast
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ETN VS S&P500
Eaton's portfolio moves could create value for shareholders and transform the firm from a 10% ROIC generator to one in the mid- to upper teens.
Investors should welcome many of the secular trends Eaton is positioned to capture, including energy transition, digitization, and electrification as well as the commercial aerospace recovery.
Eaton could benefit from a greater-than-expected government stimulus windfall.
ETN Analyst's Forecast
Stephen Tusa
JP Morgan
Buy
2025-01-15
Price Target
$350 → $348
Upside
+1.58%
JPMorgan analyst Stephen Tusa lowered the firm's price target on Eaton to $348 from $350 and keeps an Overweight rating on the shares. The firm updated models in the electrical equipment and multi-industry space ahead of the Q4 reports.
Andrew Kaplowitz
Citigroup
Strong Buy
2025-01-13
Price Target
$440 → $410
Upside
+20.28%
Deane Dray
RBC Capital
Buy
2025-01-03
Price Target
$374 → $392
Upside
+14.43%
