Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of BF-B will rise by +132.86% over the next 2 Weeks and hit $62.03 by Friday, November 24, 2023. In that time frame, BF-B's share price is expected to range between $60.81 and $63.19.
BearishAverageBullishBF-B shares rose +0.92% in Wednesday, December 24, 2025's trading session, rising from a previous close of $26.65 to move at $26.89. The stock demonstrated notable intraday movement (see BF-B's key stats for a full breakdown), fluctuating between $26.37 and $26.89, a +1.97% trading range. While recent weeks have seen some volatility, BF-B has managed to secure a -11.49% drop over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 2.62M shares changing hands, 2.8M fewer than the previous session. This amounted to $70.54M in total market activity.
Will BF-B Continue Its Upward Trend?
According to analyst ratings and projections for BF-B, Brown-Forman Corporation shares are anticipated to increase by +57.44%, potentially reaching $63.18 per share by November 24, 2023. Short-term technical indicators for BF-B currently suggest a bullish sentiment. Despite this, the stock appears to be in a state of indecision, having seen 15 positive and 15 negative trading days over the last 30 sessions. Based on the BF-B stock forecast, now is a good time to buy BF-B stock because its current trading price is -56.65% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on BF-B covering social and institutional perspectives.
BF-B Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into BF-B's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 26.96% to 39.50%) suggest weak bearish momentum with possible fluctuation. The 50-day RSI, at 45.41%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 45.77%, maintains a neutral outlook for the long term. Insights into BF-B's shareholder base show how institutional investors are positioning themselves during these momentum shifts

