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 +110.86% 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.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Nov 24, 2023 | 60.93 | 62.03 | 63.18 |
| Nov 23, 2023 | 59.83 | 60.92 | 62.03 |
| Nov 22, 2023 | 59.86 | 60.97 | 61.94 |
| Nov 21, 2023 | 60.06 | 61.14 | 62.15 |
| Nov 20, 2023 | 59.40 | 60.43 | 61.50 |
| Nov 17, 2023 | 59.25 | 60.23 | 61.23 |
| Nov 16, 2023 | 58.01 | 59.11 | 60.10 |
| Nov 15, 2023 | 58.15 | 59.16 | 60.15 |
| Nov 14, 2023 | 58.35 | 59.33 | 60.36 |
| Nov 13, 2023 | 57.56 | 58.62 | 59.68 |
| Nov 10, 2023 | 56.02 | 57.02 | 58.04 |
| Nov 9, 2023 | 57.66 | 58.70 | 59.75 |
| Nov 8, 2023 | 57.78 | 58.75 | 59.77 |
| Nov 7, 2023 | 57.93 | 58.92 | 59.93 |
BF-B shares rose +0.55% in Wednesday, February 18, 2026's trading session, rising from a previous close of $29.26 to move at $29.42. The stock demonstrated notable intraday movement (see BF-B's key stats for a full breakdown), fluctuating between $28.38 and $29.43, a +3.72% trading range. While recent weeks have seen some volatility, BF-B has managed to secure a +0.44% gain over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 2.91M shares changing hands, 492.02K fewer than the previous session. This amounted to $85.49M 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 +53.43%, potentially reaching $63.18 per share by November 24, 2023. Short-term technical indicators for BF-B currently suggest a bullish sentiment. This aligns with the stock's recent performance, as it has recorded 18 positive trading days within the past 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 -52.58% 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 56.18% to 57.16%) suggest the stock is in a neutral to slightly bearish momentum phase. The 50-day RSI, at 52.43%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 49.50%, 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

