Based on the recent news and technical analysis, here's the price prediction for KHC for the next trading week:
Technical Analysis
The stock has shown significant weakness, dropping from $36.36 to $28.92 in recent trading sessions. The sharp decline was triggered by disappointing Q4 results and a concerning FY25 outlook.
Key Price Levels:
News Impact Analysis:
Price Prediction for Next Week: Based on technical indicators and negative analyst sentiment, KHC is likely to trade between $28.50-$30.00, with a predicted closing price of $29.25 by end of next week.
Trading Recommendation: SELL
The stock is showing bearish momentum with significant institutional selling pressure. The multiple analyst downgrades and disappointing outlook suggest further downside potential in the near term.
The price of KHC is predicted to go up 6.52%, based on the high correlation periods with SJM. The similarity of these two price pattern on the periods is 93.91%.
KHC
SJM
Tempered exposure to private label (11% now versus 17% in 2019) and enhanced agility in responding to consumer trends should negate any lasting downdraft in Kraft Heinz's volume.
Management has repeatedly said it doesn't intend to squander resources on unprofitable promotions at the expense of brand spending, which we see as judicious.
The decision to focus manufacturing assets on its highest-turning products and enlist higher-cost co-manufacturers at the onset of covid-19 allowed Kraft Heinz to efficiently mend its fractured retail relationships, in our view.
Barclays
2025-02-14
Price Target
$33 → $29
Upside
+0.28%
Citigroup
2025-02-13
Price Target
$34 → $28
Downside
-4.27%
Piper Sandler
2025-02-13
Price Target
$35 → $31
Upside
+5.98%