HXL Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Hexcel (HXL) is currently showing signs of potential reversal after a recent decline. The stock's Relative Strength Index (RSI) is at 34.15, indicating oversold conditions, which may signal a short-term rebound. The MACD is bearish but nearing a potential crossover, suggesting weakening downward momentum.
Fibonacci Levels:
The Fibonacci levels indicate a pivot point at 56.69. The stock is currently trading above this level, with resistance at 57.82 and 58.52. A break above these levels could signal a bullish trend.
News Sentiment:
Recent news indicates mixed sentiment. While HXL has faced declines in ETF components and post-earnings drops, it is also highlighted as a better long-term investment compared to Boeing due to its exposure to aerospace production and fuel efficiency technologies.
Price Prediction:
Based on the oversold RSI and potential Fibonacci level breakout, HXL is expected to rise to $59.20 in the next trading week.
Recommendation:
Buy HXL with a target price of $59.20. Set a stop-loss below the Fibonacci pivot point at 56.69.
HXL Similar Chart Price Prediction
The price of HXL is predicted to go up 29.42%, based on the high correlation periods with SPOT. The similarity of these two price pattern on the periods is 98.34%.
HXL
SPOT
Up: 29.42%Similarity: 98.34%
HXL Revenue Forecast
HXL EPS Forecast
HXL FAQs
What is HXL revenue forecast for next quarter？
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HXL VS S&P500
Commercial aerospace manufacturing has a highly visible revenue runway from increasing flights per capita, despite covid, as middle-class demand in emerging markets grows.
Hexcel has long-term sole-sources contracts for most of its revenue, which we believe creates substantial switching costs for customers.
Composites, Hexcel's primary product, have increased as a proportion of aircraft weight with each successive generation of aircraft.
HXL Analyst's Forecast
Ken Herbert
RBC Capital
Buy
2025-01-24
Price Target
$74 → $82
Upside
+21.3%
RBC Capital raised the firm's price target on Hexcel to $82 from $74 and keeps an Outperform rating on the shares. The company's Q4 results were in-line while its initial FY25 guidance struck the right balance for investors estimating 10% commercial aero growth and should support confidence in the 2025-2027 outlook, the analyst tells investors in a research note. Hexcel management's comments on the near-term free cash flow opportunity should support confidence in the cycle, the firm added.
Michael Ciarmoli
Truist Securities
Strong Buy
2025-01-24
Price Target
$76 → $85
Upside
+25.74%
Ken Herbert
RBC Capital
Hold → Buy
2024-12-19
Price Target
$68 → $74
Upside
+17.35%
