IR Price Prediction Next Week
Based on the provided data and current market context, here's the analysis for IR stock for the next trading week:
Technical Analysis
The stock has shown significant weakness recently, falling 7.38% to $85.72 on February 14, 2025. Currently trading well below its 52-week high of $106.03 (reached on November 25th), showing a 19.15% decline from peak levels.
Fundamental Outlook
According to analyst consensus, IR has significant upside potential:
- Average analyst target price: $107.69
- Implied upside: 25.68% from current levels
- Strong fundamentals backed by Peter Lynch's P/E/Growth Investor model with a 69% rating
Price Prediction for Next Week
Based on technical indicators and recent price action:
- Support level: $85.00
- Resistance level: $90.00
- Target price range: $87-92
Trading Recommendation
- Entry point: Current price ($85.72) presents a good buying opportunity
- Stop loss: $84.00
- Take profit: $92.00
- Position: BUY
Rationale:
- Strong analyst consensus with significant upside potential
- Current price represents oversold conditions after recent selloff
- Industrial sector showing positive momentum with XLI ETF projected upside of 10.67%
Expected catalysts:
- Industrial sector recovery
- Potential institutional buying at current discounted levels
- Technical bounce from oversold conditions
The stock is likely to see a technical rebound next week given the oversold conditions and strong fundamental backing from analysts. However, traders should maintain strict stop losses given recent market volatility.
IR Similar Chart Price Prediction
The price of IR is predicted to go up 3.26%, based on the high correlation periods with PPTA. The similarity of these two price pattern on the periods is 97.63%.
IR
PPTA
Up: 3.26%Similarity: 97.63%
IR Revenue Forecast
IR EPS Forecast
IR FAQs
What is IR revenue forecast for next quarter？
What is IR eps forecast for next quarter？
IR VS S&P500
Ingersoll Rand generates a healthy stream of recurring revenue, which accounts for roughly 36% of revenue.
The company has a solid record of driving margin expansion.
Ingersoll Rand is well positioned to maintain an active M&A strategy, thanks to its strong balance sheet.
IR Analyst's Forecast
Andrew Kaplowitz
Citigroup
Strong Buy
2025-01-13
Price Target
$119 → $115
Upside
+30.42%
Citi lowered the firm's price target on Ingersoll-Rand to $115 from $119 and keeps a Buy rating on the shares. The Q4 earnings for industrial conglomerates and electrical equipment names should be largely in-line with expectations and reflective of "still mixed" underlying demand trends among industrial end markets with currency headwinds contributing to some earnings pressure that likely limits potential upside, the analyst tells investors in a research note. The firm says that with investors focused on 2025, it sees some "ongoing bifurcation" with respect to growth expectations as likely to continue into the new year. Citi's top picks into Q4 include Flowserve (FLS), Vertiv (VRT), Dover (DOV), and Honeywell (HON).
Julian Mitchell
Barclays
Buy
2025-01-08
Price Target
$120 → $115
Upside
+28.88%
Andrew Kaplowitz
Citigroup
Strong Buy
2024-12-09
Price Target
$112 → $119
Upside
+16.05%
