Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of BF-A will rise by +114.47% over the next 2 Weeks and hit $63.96 by Friday, November 24, 2023. In that time frame, BF-A's share price is expected to range between $62.64 and $65.23.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 24, 2023 | 62.69 | 63.96 | 65.29 |
| Nov 23, 2023 | 61.57 | 62.89 | 64.08 |
| Nov 22, 2023 | 61.63 | 62.86 | 64.12 |
| Nov 21, 2023 | 61.85 | 62.96 | 64.18 |
| Nov 20, 2023 | 61.27 | 62.34 | 63.51 |
| Nov 17, 2023 | 60.90 | 62.00 | 63.15 |
| Nov 16, 2023 | 59.84 | 60.93 | 62.05 |
| Nov 15, 2023 | 59.83 | 60.90 | 62.07 |
| Nov 14, 2023 | 59.88 | 61.00 | 62.07 |
| Nov 13, 2023 | 59.21 | 60.38 | 61.42 |
| Nov 10, 2023 | 57.68 | 58.72 | 59.80 |
| Nov 9, 2023 | 59.20 | 60.30 | 61.49 |
| Nov 8, 2023 | 59.16 | 60.27 | 61.36 |
| Nov 7, 2023 | 59.25 | 60.37 | 61.48 |
BF-A shares rose +1.26% in Wednesday, February 18, 2026's trading session, rising from a previous close of $29.45 to move at $29.82. The stock demonstrated notable intraday movement (see BF-A's key stats for a full breakdown), fluctuating between $28.82 and $29.86, a +3.61% trading range. While recent weeks have seen some volatility, BF-A has managed to secure a +0.30% gain over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 128.27K shares changing hands, 8.66K more than the previous session. This amounted to $3.82M in total market activity.
Will BF-A Continue Its Upward Trend?
According to analyst ratings and projections for BF-A, Brown-Forman Corporation shares are anticipated to increase by +54.32%, potentially reaching $65.29 per share by November 24, 2023. Short-term technical indicators for BF-A currently suggest a bullish sentiment. This aligns with the stock's recent performance, as it has recorded 19 positive trading days within the past 30 sessions. Based on the BF-A stock forecast, now is a good time to buy BF-A stock because its current trading price is -53.37% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on BF-A covering social and institutional perspectives.
BF-A Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into BF-A's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 57.49% to 58.36%) suggest the stock is in a neutral to slightly bearish momentum phase. The 50-day RSI, at 53.38%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 49.91%, maintains a neutral outlook for the long term. Insights into BF-A's shareholder base show how institutional investors are positioning themselves during these momentum shifts