OZK Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Bank OZK (OZK) is currently trading at $45.28, with a Relative Strength Index (RSI) of 29.3, indicating oversold conditions. This suggests a potential buying opportunity as the stock has dropped to $44.27 per share recently. The MACD is slightly negative, but the oversold RSI could signal a short-term rebound.
Fibonacci Levels:
The Fibonacci levels show resistance at $45.52 and $46.26, with support at $43.13 and $42.39. The stock is currently trading near the Fibonacci pivot point of $44.33.
News Sentiment and Analyst Insights:
Morgan Stanley has lowered its price target for OZK from $58 to $54, citing increased uncertainty and slower economic growth outlook for Midcap Banks. Despite this, the stock's dividend yield of 3.70% remains attractive for income investors.
Options Trading Insights:
Recent options trading data shows a high call volume relative to puts, indicating bullish sentiment. The put:call ratio is 0.51, compared to the long-term median of 0.65.
Conclusion:
Based on the oversold RSI and nearby support levels, OZK is likely to experience a short-term rebound. The stock is expected to reach $46.20 in the next trading week.
Recommendation: Buy OZK at the current price of $45.28, targeting $46.20 as the next resistance level.
OZK Similar Chart Price Prediction
The price of OZK is predicted to go up -25.74%, based on the high correlation periods with HRTX. The similarity of these two price pattern on the periods is 98.77%.
OZK
HRTX
Down: -25.74%Similarity: 98.77%
OZK Revenue Forecast
OZK EPS Forecast
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OZK Analyst's Forecast
Manan Gosalia
Morgan Stanley
Hold
2025-03-13
Price Target
$58 → $54
Upside
+25.76%
Morgan Stanley lowered the firm's price target on Bank OZK to $54 from $58 and keeps an Equal Weight rating on the shares. The firm is reducing its estimates on Midcap Banks in North America under its coverage given higher uncertainty and slower economic growth outlook, the analyst tells investors. Trade and tariff policy changes are occurring sooner and more forcefully than previously anticipated, Morgan Stanley states. Additionally, the firm notes a slower pace of economic growth and higher level of policy uncertainty is a headwind for the sector, leading to many price target cuts in the group.
Matt Olney
Stephens & Co.
Hold
2025-01-21
Price Target
$53 → $57
Upside
+12.78%
Jared Shaw
Wells Fargo
Sell → Hold
2025-01-21
Price Target
$40 → $48
Downside
-5.03%
