Z Price Prediction Next Week
Based on the provided data and recent market developments, here's the analysis for Zillow (Z) stock for next trading week:
Technical Analysis
- RSI (14) at 47.47 indicates neutral momentum
- MACD showing bearish divergence with -0.69 histogram
- Stock trading between Bollinger Bands (20,3) with BBP at 0.38, suggesting moderate volatility
- Price currently below 5-day SMA (82.24) indicating short-term weakness
Recent Price Action
- Current price: $79.95
- Stock dropped significantly after Q4 earnings report
- Forecasted Q1 revenue of $575-590 million came below consensus of $598.5 million
Fundamental Catalysts
- Rentals business grew 25% to $116 million in latest quarter
- Partnership with Redfin presents growth opportunities
- Company maintains successful remote work "CloudHQ" model, reducing office space by 73%
Price Projection for Next Week Based on Fibonacci levels and technical indicators:
- Resistance: $88.40 (R1)
- Support: $74.80 (S1)
- Most likely range: $77-85
Recommendation SELL with target entry at current levels ($79-80):
- Weak Q1 guidance and technical indicators suggest downward pressure
- First support at $74.80 offers 6-7% downside potential
- Set stop loss at $88.40 (R1 level)
The stock is likely to face selling pressure next week due to disappointing guidance and technical weakness. Traders should consider short positions with strict risk management.
Z Similar Chart Price Prediction
The price of Z is predicted to go up 0.82%, based on the high correlation periods with GCMG. The similarity of these two price pattern on the periods is 97.62%.
Z
GCMG
Up: 0.82%Similarity: 97.62%
Z Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
Z Price Forecast($)
Potential Return(%)
2025
85.000
19.330
2026
95.000
15.540
2027
120.000
45.950
2028
120.000
45.950
2029
150.000
82.440
2030
150.000
82.440
What is Z stock price prediction 2025 ?
What is Z stock price prediction 2026 ?
What is Z stock price prediction 2027 ?
What is Z stock price prediction 2028 ?
What is Z stock price prediction 2029 ?
What is Z stock price prediction 2030 ?
Z Revenue Forecast
Z EPS Forecast
Z FAQs
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Z Analyst's Forecast
John Colantuoni
Jefferies
Strong Buy
2024-10-22
Price Target
$80 → $90
Upside
+48.34%
Jefferies raised the firm's price target on Zillow (Z) to $90 from $80 and keeps a Buy rating on the shares. Among the U.S. Internet group, the firm prefers names either skewed to high-income consumers - like DoorDash (DASH) and Uber (UBER) - or with exposure to end-markets nearing inflection - such as ACV Auctions (ACVA), CarGurus (CARG) and Zillow - the analyst tells investors in a preview. Among the group, Zillow remains the firm's top overall pick, while Uber is its top large cap pick, the analyst noted.
Curtis Nagle
B of A Securities
Hold
2024-10-18
Price Target
$54 → $71
Upside
+11.44%
Brian Nowak
Morgan Stanley
Hold
2024-10-02
Price Target
$46 → $60
Downside
-5.6%
