ORLY Price Prediction Next Week
Analysis and Insights
Technical Analysis:
O'Reilly Automotive (ORLY) is showing bullish momentum with a Relative Strength Index (RSI) of 53.53, indicating the stock is not overbought. The MACD line is above the signal line, suggesting upward price movement. The stock is trading above its 20 and 50-day moving averages, further confirming bullish strength.
News Sentiment and Analyst Ratings:
Recent news highlights strong analyst sentiment, with O'Reilly being added to Bank of America's "US 1 List" and multiple price target increases. Analysts have raised their price targets, reflecting confidence in the company's growth prospects.
Event Impact:
The announcement of a 15-for-1 stock split, subject to shareholder approval, is expected to increase accessibility and potentially boost demand, acting as a positive catalyst for the stock price.
Price Prediction:
Based on the bullish technical indicators and positive news sentiment, the stock is expected to rise. The predicted price for the next trading week is $1,420.
Recommendation:
Buy O'Reilly Automotive (ORLY) as the technical and fundamental analysis supports further upside potential.
ORLY Similar Chart Price Prediction
The price of ORLY is predicted to go up 8.35%, based on the high correlation periods with NRP. The similarity of these two price pattern on the periods is 94.5%.
ORLY
NRP
Up: 8.35%Similarity: 94.5%
ORLY Revenue Forecast
ORLY EPS Forecast
ORLY FAQs
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ORLY VS S&P500
O'Reilly's distribution network and supplier relationships are difficult to replicate and give the firm a durable edge as it pertains to product availability.
Demand variability for auto parts tends to be minimal relative to other retail categories and less susceptible to macroeconomic conditions due to its nondiscretionary nature.
The aftermarket auto parts industry is still highly fragmented, giving O'Reilly ample opportunity to leverage its existing distribution network to take market share from subscale peers.
ORLY Analyst's Forecast
Seth Basham
Wedbush
Hold
2025-02-06
Price Target
$1,200 → $1,350
Upside
+1.45%
Wedbush raised the firm's price target on O'Reilly Automotive to $1,350 from $1,200 and keeps a Neutral rating on the shares. The firm notes the company reported Q4 results that were better than consensus expectations on the top line and slightly than expectations on the bottom line excluding a one-time item and tax rate benefit. However, in a repeat of guidance at the outset of 2024, soft margin guidance for 2025 will likely weigh on shares this morning, Wedbush says.
Steven Forbes
Guggenheim
Strong Buy
2025-01-24
Price Target
$1,275 → $1,400
Upside
+11.64%
Simeon Gutman
Morgan Stanley
Hold → Buy
2025-01-21
Price Target
$1,150 → $1,450
Upside
+16.83%
