PJT Price Prediction Next Week
Analysis and Insights
News Sentiment and Market Trends:
PJT Partners (PJT) has shown strong momentum, with a recent 12.77% increase in stock price, reflecting positive market sentiment and investor interest. The investment banking sector is performing well, with PJT outperforming its industry peers and the S&P 500 over various time frames. The stock's momentum score is A, and it holds a Zacks Rank of #1 (Strong Buy), indicating strong analyst confidence.
Technical Indicators:
- RSI: The RSI values (49.30 for RSI_6, 37.94 for RSI_12, and 37.74 for RSI_14) suggest the stock is not overbought and may have room for further growth.
- MACD: The MACD line (-5.89) is below the signal line (0.01), indicating a bearish trend, but recent price increases could signal a potential reversal.
- Stochastic Oscillator: The StochK (33.70) and StochD (25.88) are in oversold territory, suggesting a potential bounce.
- Fibonacci Levels: The stock is approaching resistance at 147.49 and 150.68, with support at 137.13 and 133.94.
Price Action and Momentum:
The stock closed at 147.45 on 2025-03-24, with a 2.38% increase during regular market hours. The recent upward momentum, combined with positive news sentiment, suggests potential for further gains.
Prediction and Recommendation:
Based on strong news sentiment, positive momentum, and technical indicators, the stock is expected to reach $152.50 in the next trading week. The buy recommendation is supported by the stock's strong performance and analyst upgrades.
Prediction: The stock price of PJT Partners (PJT) is expected to reach $152.50 in the next trading week.
Recommendation: Buy
PJT Similar Chart Price Prediction
The price of PJT is predicted to go up -14.42%, based on the high correlation periods with ANIK. The similarity of these two price pattern on the periods is 99.04%.
PJT
ANIK
Down: -14.42%Similarity: 99.04%
PJT Revenue Forecast
PJT EPS Forecast
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PJT Analyst's Forecast
Devin Ryan
JMP Securities
Buy → Hold
2025-01-13
Price Target
n/a
Downside
0%
JMP Securities downgraded PJT Partners to Market Perform from Outperform without a price target. JMP still thinks the market is underestimating the company's growth and earnings power in a more normal environment, particularly in a scenario where restructuring activity remains elevated, making the firm far more bullish than consensus on earnings power over the next few years, the analyst tells investors in a research note. However, even on the firm's bullish bullish 2026 EPS estimate, the stock is trading at roughly 19x, which represents a much more balanced risk-reward profile, JMP argues.
Brennan Hawken
UBS
Strong Sell → Hold
2024-12-06
Price Target
$130 → $175
Upside
+6.57%
Devin Ryan
JMP Securities
Buy
2024-10-09
Price Target
$142 → $150
Upside
+5.81%
