LNN Stock Price Prediction

Analysis and Insights

To predict the stock price of Lindsay Corporation (LNN) for the next trading week, we will analyze both technical indicators and recent news sentiment.

Technical Analysis:

LNN's stock closed at $130.98 on March 27, 2025. Key technical indicators include:

• RSI (14-period): 52.47, indicating a neutral position.
• Stochastic Oscillator: K (71.71) > D (60.26), suggesting a bullish signal.
• MACD: -0.47, slightly bearish, but the MACD Histogram (0.20) shows a bullish divergence.

Fibonacci levels suggest:

• Pivot Point: 129.11
• Resistance Levels: 131.77 (R1), 133.42 (R2)
• Support Levels: 126.45 (S1), 124.81 (S2)

News Sentiment and Fundamental Analysis:

Recent news highlights:

1. Strong international irrigation sales growth of 37% in Q1 2025, driven by a large project in the MENA region.
2. North American irrigation revenues declined by 13% due to lower unit sales and unfavorable product mix.
3. Acquisition of a 49.9% minority interest in Pessl Instruments GmbH to enhance innovation in water management.
4. Finalized a $20 million contract for the Road Zipper System, expected to boost future revenues.

The Zacks Industry Rank for the Manufacturing - Farm Equipment industry is #160, indicating dim near-term prospects. However, LNN carries a Zacks Rank #2 (Buy), reflecting positive earnings revisions and a trailing four-quarter earnings surprise of 12.6%.

Price Prediction and Recommendation:

Based on the Fibonacci support levels and recent news, LNN is expected to test the lower support levels but may rebound due to positive catalysts. The stock is likely to trade between 126.45 and 131.77 next week.

Predicted Price: $129.50
Recommendation: Buy on dips near the Fibonacci support levels, as the positive news and earnings momentum may drive a rebound.