To predict the stock price of YETI for the next trading week, we analyze both technical indicators and recent news sentiment.
YETI's stock price is currently trading at $35.01, with a relative strength index (RSI) of 44.20, indicating a neutral position. The MACD is slightly bearish, with a value of -0.73, suggesting weak downward momentum. Key Fibonacci levels show resistance at $37.67 and support at $33.94.
Recent news indicates mixed sentiment. Analysts have lowered price targets, citing slowing U.S. growth but noting international expansion as a positive factor. YETI's Q4 results showed a revenue decline and reduced profitability, though international sales grew by 27.5%. The company is diversifying its product line and expanding its addressable market, which could support future growth.
Based on the analysis, YETI's stock is expected to trade between $34 and $38 next week. Considering the mixed technical indicators and the potential for international growth, the stock may test the upper resistance level of $38.
Prediction: $37.50
Recommendation: Buy with a target of $38 and stop-loss at $34.
The price of YETI is predicted to go up -20.2%, based on the high correlation periods with MOS. The similarity of these two price pattern on the periods is 92.31%.
YETI
MOS
Canaccord Genuity
2025-02-14
Price Target
$44 → $42
Upside
+10.47%
Keybanc
2025-01-09
Price Target
$36 → $35
Downside
-8.35%
Keybanc
2025-01-08
Price Target
$36 → $35
Downside
-6.49%