STR Price Prediction Next Week
Analysis and Insights
Technical Analysis:
The stock price of Sitio Royalties (STR) is currently trading at $20.61 as of 2025-03-24. Based on the technical indicators:
- RSI (14-period): 55.98, indicating the stock is not overbought or oversold.
- MACD: The MACD line (0.06) is above the signal line (-0.11), suggesting a bullish signal.
- Stochastic Oscillator: %K (89.99) and %D (89.10) are in overbought territory, indicating a potential pullback.
- Fibonacci Levels: The stock is approaching the first resistance level at 20.49, with a pivot point at 19.75.
News and Fundamental Analysis:
- Analyst Ratings: Mixed ratings with a consensus Moderate Buy and a price target of $28.00. Truist Financial and Piper Sandler have Buy ratings, while Barclays maintains a Sell rating.
- Financial Performance: STR reported strong Q4 results with revenue of $155.1 million and a net profit of $7.06 million, showing significant improvement from last year's loss.
Price Prediction and Recommendation:
Based on the analysis, the stock is expected to test the resistance level at 20.94. Considering the bullish MACD and improving fundamentals, the stock is likely to break out above this level. However, the overbought Stochastic suggests a short-term pullback.
Prediction: The stock price is expected to reach $20.94 by the end of the next trading week.
Recommendation: Buy at the current support level of $19.63 with a target of $20.94. Set a stop-loss at $18.55.
STR Similar Chart Price Prediction
The price of STR is predicted to go up -16.2%, based on the high correlation periods with TECK. The similarity of these two price pattern on the periods is 93.92%.
STR
TECK
Down: -16.2%Similarity: 93.92%
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STR Analyst's Forecast
Neal Dingmann
Truist Securities
Strong Buy
2025-01-13
Price Target
$29 → $30
Upside
+38.57%
Truist raised the firm's price target on Sitio Royalties to $30 from $29 and keeps a Buy rating on the shares as part of a broader research note updating the firm's model with 2026 expectations. Truist sees sequentially higher estimated 2026 earnings and free cash flows based on minimally lower commodity prices, minimally higher production, flat costs, minimal asset degradation, and minimal to moderate operational efficiencies, adding that it sees commodity prices - oil and natural gas - remaining firmer this year than many investors currently expect.
Mark Lear
Piper Sandler
Buy
2024-11-18
Price Target
$27 → $28
Upside
+17.89%
Mark Lear
Piper Sandler
Buy
2024-10-15
Price Target
$29 → $27
Upside
+16.88%
