UPBD Price Prediction Next Week
Analysis and Insights
News Sentiment and Recent Developments:
Airline Sector Performance: The airline sector, including UPBD, has shown a decline of approximately 3.2% recently, with specific declines in JetBlue Airways and Allegiant Travel. However, UPBD's recent developments suggest resilience.
Dividend Announcement: UPBD declared a quarterly dividend of $0.39 per share, maintaining its dividend yield of 6.33%. This indicates stability and confidence in cash flows.
CFPB Lawsuit Dismissal: The dismissal of the CFPB lawsuit against Acima Leasing, a subsidiary of UPBD, removes a significant legal overhang and avoids any financial penalties or operational changes.
Technical Analysis:
RSI Levels: The RSI_14 is at 45.88, indicating a neutral position, while the RSI_6 is at 59.41, suggesting mild bullish momentum.
MACD: The MACD line is slightly below the signal line (-0.87), but the histogram shows a positive divergence, indicating potential bullish momentum.
Moving Averages: The stock is trading above its 20-day SMA (25.16) and 50-day SMA (27.89), signaling short-term bullishness.
Fibonacci Levels: The stock is approaching the Fibonacci resistance level of 26.03, which could act as a near-term target.
Price Forecast:
Based on the technical indicators and positive news sentiment, UPBD is expected to rise to $26.50 in the next trading week.
Recommendation:
Buy UPBD at the current price of $25.36, targeting $26.50. The combination of positive news and improving technical indicators supports this bullish outlook.
UPBD Similar Chart Price Prediction
The price of UPBD is predicted to go up 306.31%, based on the high correlation periods with VRME. The similarity of these two price pattern on the periods is 98.25%.
UPBD
VRME
Up: 306.31%Similarity: 98.25%
UPBD Revenue Forecast
UPBD EPS Forecast
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UPBD Analyst's Forecast
Anthony Chukumba
Loop Capital
Hold
2025-02-21
Price Target
$33 → $30
Upside
+12.95%
Loop Capital analyst Anthony Chukumba lowered the firm's price target on Upbound Group to $30 from $33 and keeps a Hold rating on the shares. The company's Q4 results and 2025 guidance were largely in line with expectations, though the firm saw a "continued worrisome sign" - Acima EBITDA margin degradation in spite of the healthy gross merchandise volume and revenue growth, the analyst tells investors in a research note.
Kyle Joseph
Stephens & Co.
Buy
2024-11-13
Price Target
$38
Upside
+14.84%
Anthony Chukumba
Loop Capital
Hold
2024-11-01
Price Target
$36 → $33
Upside
+12.02%
