IPG Price Prediction Next Week
Technical Analysis: Based on recent technical indicators, IPG shows bearish signals with RSI-14 at 39.20 indicating oversold conditions. The stock is trading below all major moving averages (SMA 5, 10, 20, 60, 200, 250), suggesting a strong downward trend.
Price Targets for Next Week:
- Support levels: $26.62 (Fibonacci S1), $26.26 (Fibonacci S2)
- Resistance levels: $27.80 (Fibonacci R1), $28.16 (Fibonacci R2)
News Impact: Recent Q4 results have been disappointing:
- Revenue declined 5.5% year-over-year
- Operating margins shrunk by 19 basis points
- Operating income dropped 6.4%
- Adjusted EPS fell 5.9% year-over-year, missing consensus estimates
Price Prediction: Given the technical weakness and negative fundamental factors, IPG is likely to test the Fibonacci S1 support at $26.62 next week. The stock shows limited upside potential in the short term due to:
- Bearish MACD crossover (-0.31)
- Low Stochastic RSI readings
- Trading below all major moving averages
- Negative earnings momentum
Recommendation: SELL Entry point: Current market price ($27.07) Target: $26.62 Stop loss: $27.80 (Fibonacci R1)
IPG Similar Chart Price Prediction
The price of IPG is predicted to go up -0.66%, based on the high correlation periods with OMC. The similarity of these two price pattern on the periods is 95.76%.
IPG
OMC
Down: -0.66%Similarity: 95.76%
IPG Revenue Forecast
IPG EPS Forecast
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IPG VS S&P500
Although the environment is evolving, there will always be a market for creating and delivering compelling advertising to consumers around the globe.
IPG's operational performance has benefited from having financial professionals at the helm, instead of people from the creative side of the business.
IPG owns some of the most acclaimed agencies in the business, such as FCB and McCann.
IPG Analyst's Forecast
Julien Roch
Barclays
Hold → Buy
2025-01-24
Price Target
$32 → $36
Upside
+26.14%
Barclays upgraded Interpublic Group to Outperform from Neutral with a price target of $36, up from $32.
Steven Cahall
Wells Fargo
Sell → Hold
2024-12-10
Price Target
$26 → $34
Upside
+11.92%
Julien Roch
Barclays
Hold
2024-10-23
Price Target
$33 → $32
Upside
+6.52%
