INVH Price Prediction Next Week
Analysis and Insights
Earnings and Fundamental Analysis:
Invitation Homes Inc. (INVH) recently reported strong Q4 earnings, with adjusted EPS of $0.23, exceeding analyst expectations of $0.18. Revenue for the quarter rose 5.6% year-over-year to $659 million, surpassing estimates of $650.49 million. This positive earnings report led to a 5.5% increase in the stock price on the day of the announcement.
Technical Indicators:
- RSI (6, 12, 14): The RSI_6 is at 69.06, indicating neutral territory, while the RSI_12 and RSI_14 are at 67.14 and 66.12, respectively, suggesting the stock is not overbought.
- MACD: The MACD line is above the signal line (0.69 vs. 0.21), indicating bullish momentum.
- Moving Averages: INVH is trading above its 20-day, 50-day, and 200-day moving averages, signaling a bullish trend.
- Fibonacci Levels: Resistance levels are at 34.43 (R1) and 35.35 (R2), with support at 32.52 (S1) and 30.54 (S2).
Price Prediction and Recommendation:
Based on the strong earnings report, positive technical indicators, and the stock's current momentum, the price is expected to rise. The immediate resistance level at 34.43 could be tested, with a potential target of 35.35.
Prediction: The stock price is expected to reach $35.35 in the next trading week.
Recommendation: Buy at the current price level of $34.19, with a target of $35.35 and a stop-loss at $32.52.
INVH Similar Chart Price Prediction
The price of INVH is predicted to go up 1.68%, based on the high correlation periods with ALKS. The similarity of these two price pattern on the periods is 98.49%.
INVH
ALKS
Up: 1.68%Similarity: 98.49%
INVH Revenue Forecast
INVH EPS Forecast
INVH FAQs
What is INVH revenue forecast for next quarter？
INVH VS S&P500
Positive demographic trends should fuel strong demand for single-family rentals as millennials, a population that has pushed back major life decisions such as marriage and homeownership, start to move into the suburbs.
Housing shortages in most of Invitation Homes' markets means that housing prices are very high, making the cost of owning higher than the cost of renting in most target markets.
Most of the portfolio has been recently renovated, so capital expenditures should be relatively light over the next few years.
INVH Analyst's Forecast
Jade Rahmani
Keefe, Bruyette & Woods
Hold
2025-03-05
Price Target
$35 → $36
Upside
+5.66%
Keefe Bruyette raised the firm's price target on Invitation Homes to $36 from $35 and keeps a Market Perform rating on the shares. The revised price target reflects the firm's unchanged AFFO estimates and a roll-forward of valuation, the analyst tells investors in a research note.
Richard Hightower
Barclays
Buy
2025-01-24
Price Target
$38 → $36
Upside
+17.99%
Adam Kramer
Morgan Stanley
Buy → Hold
2025-01-24
Price Target
$39 → $35
Upside
+14.72%
