HON Price Prediction Next Week
Honeywell International (HON) Stock Price Prediction and Recommendation
Technical Analysis:
- Current Price: 210.89
- RSI (14): 51.38 (Neutral)
- MACD: -1.17 (Bearish, but MACD line is above the signal line, indicating potential bullish crossover)
- Fibonacci Levels:
- Pivot: 210.89
- Resistance 1 (R1): 216.14
- Resistance 2 (R2): 219.39
- Support 1 (S1): 205.64
- Support 2 (S2): 202.40
News and Fundamental Analysis:
- Restructuring and Acquisition: Honeywell is undergoing a significant restructuring, breaking into three businesses and pursuing a $2.16 billion acquisition of Sundyne. This dual strategy introduces execution risks but also offers growth opportunities.
- Validea Multi-Factor Investor Model: HON scores 75%, indicating strong fundamentals and valuation.
- Analyst Sentiment: Deutsche Bank upgraded HON to Buy with a $260 target, while others remain cautious due to restructuring risks.
Price Prediction and Recommendation:
- Target Price: 216.14
- Recommendation: Buy
The stock is expected to rise to 216.14 next week, driven by bullish technical indicators and strong fundamentals.
HON Similar Chart Price Prediction
The price of HON is predicted to go up -2.51%, based on the high correlation periods with WSM. The similarity of these two price pattern on the periods is 94.6%.
HON
WSM
Down: -2.51%Similarity: 94.6%
HON Revenue Forecast
HON EPS Forecast
HON FAQs
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HON VS S&P500
Honeywell is making several organic bets in mission-critical end markets that should yield very strong internal rates of return over the long term, including in quantum computing and building automation.
Honeywell has one of the strongest balance sheets in the multi-industry universe, and it has a history of underpromising and overdelivering on its targets.
Safety and productivity solutions seeing a meaningful drop in sales will meaningfully help margins because of positive mix and allow SPS to eventually hit 20% operating margins.
HON Analyst's Forecast
Julian Mitchell
Barclays
Buy
2025-03-26
Price Target
$251 → $247
Upside
+15.89%
Barclays analyst Julian Mitchell lowered the firm's price target on Honeywell to $247 from $251 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry group as part of a Q1 preview. It sees revenue and margin pressure alongside lower investor expectations.
Julian Mitchell
Barclays
Buy
2025-02-10
Price Target
$260 → $251
Upside
+20.37%
Nicole Deblase
Deutsche Bank
Hold → Strong Buy
2025-02-07
Price Target
$236 → $260
Upside
+26.34%
