HOPE Price Prediction Next Week
Analysis and Insights
To predict the stock price of HOPE for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
HOPE's stock price is currently trading at $10.66 as of March 26, 2025. The Relative Strength Index (RSI) is at 47.05, indicating the stock is not oversold but is in a neutral zone. The MACD is slightly negative (-0.17), suggesting bearish momentum, while the Stochastic Oscillator is overbought at 80.01, signaling a potential pullback.
Fibonacci Levels:
The Fibonacci support and resistance levels are critical. The stock is currently testing the resistance level at $10.88, with support at $10.16. A breach below $10.16 could lead to further downside.
News Sentiment:
The recent merger with Territorial Bancorp, expected to close in April 2025, has caused volatility. Despite regulatory approvals, HOPE's stock fell 16.58% post-announcement, reflecting investor concerns about integration risks and dilution.
Analyst Ratings:
Analysts have maintained a Moderate Buy rating with an average price target of $13.50. However, insider sentiment is negative, with increased selling activity.
Valuation:
HOPE's dividend yield of 5.18% is attractive, but the stock's fundamentals, including declining revenue and net profit, raise concerns.
Conclusion:
Based on technical indicators and news sentiment, HOPE is likely to face resistance at $10.88 and may pull back to $10.16. The overbought Stochastic and negative MACD suggest a short-term decline.
Prediction: HOPE's stock price is expected to drop to $10.16 next week.
Recommendation: Sell or avoid buying HOPE in the short term due to potential downside risks.
HOPE Revenue Forecast
HOPE EPS Forecast
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HOPE Analyst's Forecast
Matthew Clark
Piper Sandler
Hold
2025-01-30
Price Target
$13 → $12
Upside
+2.04%
Piper Sandler lowered the firm's price target on Hope Bancorp (HOPE) to $12 from $13 and keeps a Neutral rating on the shares. The firm also trimmed its 2025/2026 EPS estimates to 90c/$1.25 from $1.07/$1.27 based on its latest results, the delayed closing of Territorial Bancorp (TBNK), and in consideration of its new FY25 guidance. The net result to Piper's outlook included lower net interest income, better noninterest expense and higher credit costs.
