Technical Analysis:
PWR's recent price action shows significant volatility with a sharp decline from $290.98 to $269.36 on February 21, 2025, representing a -4.20% drop during regular trading hours. The stock is currently testing support levels around $270.
Price Targets & Analyst Consensus:
Multiple analysts have recently initiated or reiterated coverage with bullish views:
- Goldman Sachs: Buy rating, PT $418 (55% upside)
- Evercore ISI: Buy rating, PT $331 (23% upside)
- Roth MKM: Buy rating, PT $350 (30% upside)
Key Catalysts:
- Power infrastructure is identified as a key bottleneck for AI/datacenter expansion
- PWR holds leading market share in electric utility and renewables sectors
- Strong positioning for electrical infrastructure build-out acceleration
Next Week Price Prediction:
Based on technical indicators and recent price action:
- Support levels: $267-$270
- Resistance levels: $290-$295
- Primary scenario (60% probability): Bounce from current support to $280-285 range
- Bearish scenario (25% probability): Break below $267 could see $260
- Bullish scenario (15% probability): Break above $290 could target $300
Trading Recommendation:
BUY at current levels ($269.32) with:
- Entry: $269-$271
- Initial target: $280
- Stop loss: $265
- Risk/Reward ratio: 1:2.2
Rationale:
- Strong analyst consensus with significant upside targets
- Current price testing key support level
- Positive industry positioning for AI infrastructure growth
- Oversold conditions after recent decline suggest potential bounce
Technical Analysis:
PWR's recent price action shows significant volatility with a sharp decline from $290.98 to $269.36 on February 21, 2025, representing a -4.20% drop during regular trading hours. The stock is currently testing support levels around $270.
Price Targets & Analyst Consensus:
Multiple analysts have recently initiated or reiterated coverage with bullish views:
- Goldman Sachs: Buy rating, PT $418 (55% upside)
- Evercore ISI: Buy rating, PT $331 (23% upside)
- Roth MKM: Buy rating, PT $350 (30% upside)
Key Catalysts:
- Power infrastructure is identified as a key bottleneck for AI/datacenter expansion
- PWR holds leading market share in electric utility and renewables sectors
- Strong positioning for electrical infrastructure build-out acceleration
Next Week Price Prediction:
Based on technical indicators and recent price action:
- Support levels: $267-$270
- Resistance levels: $290-$295
- Primary scenario (60% probability): Bounce from current support to $280-285 range
- Bearish scenario (25% probability): Break below $267 could see $260
- Bullish scenario (15% probability): Break above $290 could target $300
Trading Recommendation:
BUY at current levels ($269.32) with:
- Entry: $269-$271
- Initial target: $280
- Stop loss: $265
- Risk/Reward ratio: 1:2.2
Rationale:
- Strong analyst consensus with significant upside targets
- Current price testing key support level
- Positive industry positioning for AI infrastructure growth
- Oversold conditions after recent decline suggest potential bounce