Technical Analysis
Based on recent price action and technical indicators, OMF shows a bullish trend with strong support at $54.50. The stock has formed a higher low pattern, suggesting continued upward momentum.
News & Analyst Sentiment Recent analyst actions are predominantly positive:
The consensus price target of $62.40 implies a 12.35% upside potential from current levels.
Price Prediction for Next Week Based on technical analysis and analyst sentiment, OMF is expected to trade between $55.50 - $58.00 next week:
Trading Recommendation BUY with entry point at current levels ($55.54) or on dips near $54.50 support. The stock shows strong institutional support and positive analyst revisions, with multiple price target upgrades supporting further upside.
The company's solid Q4 2024 performance and positive 2025 outlook for 6-8% revenue growth provide fundamental support for the bullish technical setup.
The price of OMF is predicted to go up -25.6%, based on the high correlation periods with WRBY. The similarity of these two price pattern on the periods is 97.42%.
OMF
WRBY
JP Morgan
2024-12-09
Price Target
$56 → $59
Upside
+6.25%
Stephens & Co.
2024-11-13
Price Target
$57
Upside
+4.32%
Wells Fargo
2024-10-31
Price Target
$49 → $52
Upside
+4.69%