TALO Price Prediction Next Week
Analysis and Insights
News Sentiment and Recent Developments:
Talos Energy, Inc. (TALO) has shown resilience amid broader market conditions, with JP Morgan recently raising its price target from $13.00 to $14.00, maintaining a Neutral rating. The company reported strong Q4 earnings, beating consensus estimates for EPS and demonstrating operational efficiency with higher-than-expected oil volumes and lower capex.
Technical Indicators Analysis:
- RSI (14-period): 48.27, indicating a neutral position, suggesting no immediate overbought or oversold conditions.
- MACD: Positive at 0.26, signaling bullish momentum.
- Stochastic Oscillator: StochK (66.11) and StochD (80.18) are rising, approaching overbought territory.
- Fibonacci Levels: Pivot at 13.60, with resistance at 14.38 and support at 12.82.
Price Prediction and Recommendation:
Based on the positive earnings momentum and technical indicators, TALO is expected to reach $14.38 in the next trading week. The stock is in a bullish trajectory, supported by strong fundamentals and analyst upgrades.
Recommendation: Buy TALO with a target price of $14.38.
TALO Similar Chart Price Prediction
The price of TALO is predicted to go up -2.86%, based on the high correlation periods with TPL. The similarity of these two price pattern on the periods is 95.25%.
TALO
TPL
Down: -2.86%Similarity: 95.25%
TALO Revenue Forecast
TALO EPS Forecast
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TALO Analyst's Forecast
Arun Jayaram
JP Morgan
Hold
2025-03-13
Price Target
$14 → $12
Upside
+46.16%
JPMorgan lowered the firm's price target on Talos Energy to $12 from $14 and keeps a Neutral rating on the shares. The firm have refreshed its exploration and production models, including its natural gas supply-demand analysis, after digesting 2025 producer capex budgets, updated winter degree day data, and stronger than expected liquified natural gas demand pull. The combination of record U.S. oil supply, the return of OPEC+ barrels in April, and global trade risk amid tariffs could result in a further decline in oil prices to force higher cost barrels out of the market, the analyst tells investors in a research note.
Paul Diamond
Citigroup
Strong Buy
2025-03-04
Price Target
$15 → $12
Upside
+41.51%
Arun Jayaram
JP Morgan
Hold
2025-03-04
Price Target
$13 → $14
Upside
+65.09%
