Informatica Inc. (INFA) has recently faced significant analyst downgrades from firms like Baird and Wells Fargo, with price targets reduced to $19 from $35 and $34, respectively. This downgrade reflects a bearish sentiment among analysts, driven by the company's weaker-than-expected Q4 sales results and FY25 revenue guidance.
The stock is currently trading at $18.63, near the lower end of its Fibonacci range, with a pivot point at $18.86. Key resistance levels are at $19.62 and $20.08, while support is at $17.64. The RSI is at 26, indicating oversold conditions, but the MACD remains negative, signaling continued downward momentum.
The Fibonacci levels for INFA are as follows:
Level | Price |
---|---|
R1 | $19.62 |
R2 | $20.08 |
R3 | $20.84 |
Pivot | $18.86 |
S1 | $17.64 |
S2 | $16.88 |
S3 | $16.38 |
Given the bearish news and technical indicators, INFA is expected to trade around $18.50 next week. While oversold conditions may lead to a minor bounce, the overall trend remains bearish.
Sell or avoid INFA in the short term due to negative news and technical weakness.
The price of INFA is predicted to go up 3.01%, based on the high correlation periods with BW. The similarity of these two price pattern on the periods is 99.62%.
INFA
BW
UBS
2025-02-14
Price Target
$30 → $19
Downside
-3.8%
Wells Fargo
2025-02-14
Price Target
$34 → $19
Downside
-3.8%
Baird
2025-02-14
Price Target
$35 → $19
Downside
-3.8%