XPRO Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Expro Group Holdings NV (XPRO) is currently showing signs of being oversold, with an RSI of 29.96, significantly below the average RSI of 46.3 for energy stocks. This indicates potential exhaustion of selling pressure and possible entry points for bullish investors.
The stock is trading at $10.52, near the lower end of its 52-week range ($10.71 - $24.50). Fibonacci support levels suggest a potential bounce, with the first support at $10.07 and resistance at $11.03.
News and Sentiment Analysis:
Recent earnings releases and insider activity show positive sentiment. Insiders have made two purchases with no sales, and 101 institutional investors have increased their holdings in the latest quarter.
Price Prediction:
Based on the oversold condition and potential support levels, XPRO is expected to rise to $11.30 in the next trading week.
Recommendation:
Buy XPRO with a target price of $11.30 and a stop-loss at $10.30.
XPRO Similar Chart Price Prediction
The price of XPRO is predicted to go up 6.69%, based on the high correlation periods with IMG. The similarity of these two price pattern on the periods is 98.41%.
XPRO
IMG
Up: 6.69%Similarity: 98.41%
XPRO Revenue Forecast
XPRO EPS Forecast
XPRO FAQs
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XPRO VS S&P500
Expro's combination with Frank's will accelerate growth through cross-selling opportunities while geographic and end-market diversification will protect profitability against future cyclical downturns.
The firm's focus on production optimization will appeal to well operators seeking to maximize well efficiency.
Increasingly complex onshore wells (owing to sour gas, high temperatures/pressures, and more) could provide opportunity for Expro to apply its expertise in markets beyond offshore production.
XPRO Analyst's Forecast
David Anderson
Barclays
Buy
2025-03-05
Price Target
$17 → $14
Upside
+36.72%
Barclays analyst Eddie Kim lowered the firm's price target on Expro to $14 from $17 and keeps an Overweight rating on the shares. The firm says Smid-cap offshore services guided to flattish offshore activity levels in 2025, though it now sees further downside risk following OPEC's decision to bring back barrels in April. The analyst now models the company modestly below the low end of its 2025 EBITDA guidance range.
David Anderson
Barclays
Buy
2024-10-28
Price Target
$28 → $18
Upside
+40.85%
