MO Price Prediction Next Week
Based on the provided data and recent market developments, here's a comprehensive analysis for MO's price prediction for next week:
Technical Analysis
The technical indicators show MO is currently in a consolidation phase with RSI at 47.67, indicating neutral momentum. The stock is trading below its 20-day SMA of $51.81, suggesting short-term bearish pressure.
News Impact Analysis
Positive Catalyst: The Trump administration's withdrawal of the FDA's proposed menthol cigarette ban. This is a significant positive development for Altria as menthol cigarettes account for approximately 33% of the U.S. cigarette market and 25% of Altria's global operating profit.
Growth Initiatives: The company's smoke-free portfolio shows strong momentum:
- NJOY's retail presence expansion targeting 100K stores
- on! nicotine pouches showing +46% YoY volume growth
Price Target Analysis
Based on Fibonacci levels:
- Resistance 1: $51.96
- Resistance 2: $52.34
- Resistance 3: $52.96
- Support 1: $50.71
- Support 2: $50.33
- Support 3: $49.70
- Pivot: $51.33
Next Week's Price Prediction
Given the positive regulatory development and technical setup, MO is likely to test the first resistance level at $51.96. If momentum builds, it could reach $52.34.
Trading Recommendation
BUY with entry point at current market price ($51.33 pivot level).
- Target: $52.34 (R2)
- Stop Loss: $50.33 (S2)
The withdrawal of the menthol ban removes a significant regulatory overhang, which should provide upward momentum. The stock's technical setup suggests a potential breakout from current consolidation levels, supported by positive fundamental catalysts.
MO Similar Chart Price Prediction
The price of MO is predicted to go up 13.08%, based on the high correlation periods with KMT. The similarity of these two price pattern on the periods is 96.41%.
MO
KMT
Up: 13.08%Similarity: 96.41%
MO Revenue Forecast
MO EPS Forecast
MO FAQs
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MO VS S&P500
The US market, while mature in volume terms, is a highly affordable one relative to other developed markets. This leaves headroom for price increases for many years.
Altria has kept its options open. It has a broad suite of cigarette alternatives in its portfolio that should ensure it holds a leadership position in whichever categories are victorious in attracting smokers to new products.
Relatively low capital requirements allow the company to return significant capital to shareholders in the form of an 80% stated dividend payout ratio policy.
MO Analyst's Forecast
Eric Serotta
Morgan Stanley
Hold
Price Target
$54
Upside
+5.55%
Morgan Stanley initiated coverage of Altria Group with an Equal Weight rating and $54 price target. The firm sees a balanced risk/reward following the stock's 25% gain in the last 12 months. Altria faces elevated smokable volume declines and a limited reduced-risk portfolio, but has "solid financial flexibility," the analyst tells investors in a research note.
Lisa Lewandowski
B of A Securities
Hold → Strong Buy
Price Target
$55 → $65
Upside
+13.4%
Gerry Gallagher
Deutsche Bank
Strong Buy
Price Target
$52 → $60
Upside
+11.38%