ETR Price Prediction Next Week
Technical Analysis
- RSI (14) at 61.10 indicates neutral momentum with slight bullish bias
- MACD shows positive trend with value at 1.88 and histogram at 0.22
- Price trading above all major SMAs (5,10,20,60,200,250) indicates strong uptrend
- Currently trading in upper Bollinger Band range with BBP at 0.68, suggesting room for further upside
Price Levels Analysis
- Fibonacci support levels: S1 at $81.37, S2 at $79.53
- Fibonacci resistance levels: R1 at $87.32, R2 at $89.15
- Current price ($84.56) is above pivot point ($84.34)
News Impact
- Upcoming earnings release on February 18th with expected EPS of $0.65, representing 150% YoY growth
- Strong institutional interest with 490 funds adding positions
- Stock has outperformed both S&P 500 and Utilities sector, up 68.2% over past year
Price Prediction for Next Week Target Price Range: $86.50 - $88.00
Trading Recommendation: BUY
- Entry around current levels ($84.56)
- Stop loss below S1 at $81.00
- First target at R1 ($87.32)
- Strong fundamentals and technical setup support bullish outlook
- Positive momentum ahead of earnings could drive prices higher
ETR Similar Chart Price Prediction
The price of ETR is predicted to go up -13.57%, based on the high correlation periods with BSGM. The similarity of these two price pattern on the periods is 94.87%.
ETR
BSGM
Down: -13.57%Similarity: 94.87%
ETR Revenue Forecast
ETR EPS Forecast
ETR FAQs
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ETR VS S&P500
Industrial electricity rates that are well below the US average are driving strong industrial development in the Mississippi Delta and electricity sales growth.
In November 2023, the board raised the dividend by 6% for the third consecutive year. We expect dividend growth to continue at a similar rate for the foreseeable future.
We believe the decision to exit the merchant nuclear business demonstrates good capital allocation as merchant nuclear earnings had high variability.
ETR Analyst's Forecast
Andrew Weisel
Scotiabank
Hold
2025-01-07
Price Target
$165 → $82
Upside
+7.95%
Scotiabank lowered the firm's price target on Entergy to $82 from $165 and keeps a Sector Perform rating on the shares. The firm has updated its model to reflect the 2-for-1 stock split that went into effect on December 13, 2024, the analyst tells investors.
Sophie Karp
Keybanc
Buy → Hold
2024-12-04
Price Target
n/a
Downside
0%
Nicholas Campanella
Barclays
Buy
2024-11-05
Price Target
$137 → $152
Upside
+4.15%
