SPHR Price Prediction Next Week
Analysis and Insights
News Impact Analysis:
Harry Styles Residency: The potential 35-date residency at the Las Vegas Sphere could significantly boost revenue and attract a younger audience, which has been a challenge for SPHR. This event could positively impact the stock price, potentially driving it toward the upper end of its recent range.
Price Target Adjustment: Macquarie's reduction of the price target from $45 to $40 reflects cautious analyst sentiment, suggesting a Neutral outlook on the stock.
Technical Indicators:
- Current Price: $33.85
- RSI: 57.32 (Neutral)
- MACD: Slightly negative, indicating mild bearish momentum.
- Fibonacci Levels: Resistance at $33.81 and $34.68; support at $31.
Price Prediction:
Given the potential positive impact of the Harry Styles news and the current technical indicators, the stock is expected to trade between $32 and $35 next week. The average predicted price is $33.50.
Recommendation:
Buy SPHR at the current price of $33.85, with a target price of $35.00. Consider the potential upside from positive news, but remain cautious due to the Neutral analyst rating.
SPHR Similar Chart Price Prediction
The price of SPHR is predicted to go up 1.95%, based on the high correlation periods with UNFI. The similarity of these two price pattern on the periods is 99.01%.
SPHR
UNFI
SPHR Revenue Forecast
SPHR EPS Forecast
SPHR FAQs
What is SPHR revenue forecast for next quarter？
The market consensus for SPHR's revenue in the upcoming quarter is projected to be approximately $293.023M USD.
SPHR Analyst's Forecast
Paul Golding
Macquarie
2025-03-11
Price Target
$45 → $40
Upside
+26.42%
Peter Supino
Wolfe Research
2024-10-02
Price Target
$60
Upside
+27.55%
Peter Henderson
B of A Securities
2024-09-17
Price Target
$45 → $43
Upside
+4.88%
