LCII Price Prediction Next Week
Analysis and Insights
News and Analyst Sentiment:
Upgrade by CJS Securities: LCI Industries (LCII) was recently upgraded to Outperform from Market Perform by CJS Securities, with a price target of $145. This upgrade reflects growing confidence in the company's outlook and potential for upside.
Oversold Territory: The stock has entered oversold territory with an RSI of 29.7, suggesting potential buying opportunities as the stock price has dropped to $95.46 per share.
Technical Analysis:
The stock is currently trading near its lower Fibonacci support level of $93.58, with a pivot point at $101.87. The MACD indicator shows a bearish signal, but the oversold RSI suggests a potential reversal.
Price Prediction and Recommendation:
Based on the oversold condition and the recent upgrade, the stock is likely to rebound. The target price for the next trading week is $104.50, with a potential upside to $110.15 (Fibonacci R2 level).
Recommendation: Buy on dips near the $96.06 level, with a stop-loss at $93.58.
LCII Similar Chart Price Prediction
The price of LCII is predicted to go up -16.67%, based on the high correlation periods with CCEC. The similarity of these two price pattern on the periods is 94.53%.
LCII
CCEC
Down: -16.67%Similarity: 94.53%
LCII Revenue Forecast
LCII EPS Forecast
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LCII Analyst's Forecast
Michael Swartz
Truist Securities
Hold
2025-02-10
Price Target
$102 → $108
Upside
+5.9%
Truist raised the firm's price target on LCI Industries to $108 from $102 and keeps a Hold rating on the shares as part of a broader research note on Recreational Vehicles. Following a "tumultuous" three-year stretch, the recent conversations with dealers suggest that an industry-wide demand/earnings recovery has finally arrived, the analyst tells investors in a research note. This is also supported by improved demand signals, healthier margins and cash generation, and a broader restocking posture, indicating that FY25/FY26 Street numbers could ultimately prove "conservative", Truist added.
Michael Swartz
Truist Securities
Hold
2025-01-07
Price Target
$108 → $102
Downside
-0.3%
Joseph Altobello
Raymond James
Hold
2024-10-01
Price Target
n/a
Downside
0%
