TFC Price Prediction Next Week
Based on the provided data and recent market activity, here's the analysis and price prediction for TFC for the next trading week:
Technical Analysis
The technical indicators show:
- RSI(14) at 61.36 indicates moderately overbought conditions but not yet at extreme levels
- MACD at 0.59 suggests positive momentum
- Current price ($47.00) is trading above the 20-day MA ($44.72) and 60-day MA ($45.23), indicating bullish short-term trend
Fibonacci Levels
- R1: $47.86
- R2: $49.26
- R3: $51.54
- S1: $43.31
- S2: $41.90
- Pivot: $45.58
News Sentiment Analysis
- Recent earnings beat expectations with EPS of $0.97 vs $0.89 estimate
- Received high rating (95%) from Validea's Shareholder Yield Investor model
- Analysts have been raising price targets, with an average target of $54.50
- Strong institutional interest with increased call option activity
Price Prediction for Next Week Based on technical and fundamental factors:
- Base case (60% probability): $47.50-$48.50
- Bullish case (25% probability): $48.50-$49.26 (R2 level)
- Bearish case (15% probability): $46.00-$47.00
Trading Recommendation BUY with entry at current levels ($47.00) with:
- Initial target: $47.86 (R1)
- Secondary target: $49.26 (R2)
- Stop loss: $45.58 (Pivot)
The stock shows strong momentum with positive analyst sentiment and technical indicators suggesting further upside potential. The risk-reward ratio appears favorable at current levels.
TFC Similar Chart Price Prediction
The price of TFC is predicted to go up -10.67%, based on the high correlation periods with NTR. The similarity of these two price pattern on the periods is 95.37%.
TFC
NTR
Down: -10.67%Similarity: 95.37%
TFC Revenue Forecast
TFC EPS Forecast
TFC FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
TFC VS S&P500
Valuations are not demanding for the banks in the current environment, and especially not for Truist. It shouldn't take much to unlock some upside.
Truist is set to have one of the better profitability profiles among peers, along with unique growth drivers, all of which should demand a premium valuation.
Truist's sale of its insurance business acclerated the repositioning of its balance sheet and capital accumulation.
TFC Analyst's Forecast
Betsy Graseck
Morgan Stanley
Hold
Price Target
$55 → $56
Upside
+16.93%
Morgan Stanley raised the firm's price target on Truist Financial to $56 from $55 and keeps an Equal Weight rating on the shares following "a modest beat" in Q4, driven by slightly higher net interest income and fees. The firm is increasing its 2026 EPS view by 2% to $4.67, primarily on lower expenses, the analyst tells investors.
Terry McEvoy
Stephens & Co.
Buy
Price Target
$54 → $57
Upside
+19.02%
Jason Goldberg
Barclays
Hold
Price Target
$47 → $51
Upside
+15.65%