Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of PRMW will rise by +12.87% over the next 2 Weeks and hit $27.33 by Tuesday, December 3, 2024. In that time frame, PRMW's share price is expected to range between $26.10 and $28.61.
BearishAverageBullishPRMW shares remained flat - in Friday, November 8, 2024's trading session, starting and closing at a previous close of - to move at $24.21. The stock demonstrated notable intraday movement (see PRMW's key stats for a full breakdown), fluctuating between $24.21 and $24.21, a 0 trading range. While recent weeks have seen some volatility, PRMW has managed to secure a -5.06% drop over the past 2 weeks. The neutral price movement was accompanied by decreased trading volume, with approximately 1.78M shares changing hands, 99.9K fewer than the previous session. This amounted to $43.07M in total market activity.
Will PRMW Continue Its Upward Trend?
According to analyst ratings and projections for PRMW, Primo Water Corporation shares are anticipated to increase by +16.86%, potentially reaching $29.12 per share by December 3, 2024. Short-term technical indicators currently suggest a neutral sentiment for PRMW. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 17 positive trading days within the past 30 sessions. Based on the PRMW stock forecast, now is a good time to buy PRMW stock because its current trading price is -13.08% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on PRMW covering social and institutional perspectives.
PRMW Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into PRMW's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 60.90% to 63.23%) suggest the stock is in a bullish momentum phase. The 50-day RSI, at 60.84%, suggests strong medium-term momentum. Additionally, the 100-day RSI, at 60.72%, points to growing bullish momentum over the long term. Insights into PRMW's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Primo Water Corporation Monthly Forecast 2024–2025
November 2024
According to our latest forecast models, Primo Water Corporation (PRMW) is positioned to show a strong performance in November 2024. The price is predicted to move between $17.72 and $20.68, settling at an average of $19.20. This could translate to a -20.69% loss.
December 2024
Based on current market signals, Primo Water Corporation is projected to trend december 2024. We forecast a trading range from $17.50 to $20.88, with a likely average price of $19.32. Investors could expect a potential return of -20.20%.
January 2025
Our predictive algorithms indicate Primo Water Corporation stock may see a shift in January 2025. The expected range spans $18.11–$20.89, with an average target of $19.45. This represents a cautious outlook and a possible loss of -19.66%.
February 2025
Analyzing established trends, Primo Water Corporation looks set to move in February 2025. Projections place the stock between $18.39 and $21.90, averaging around $20.20. This suggests a -16.56% loss from current levels.
March 2025
Market indicators suggest Primo Water Corporation could experience notable changes during March 2025. Prices could fluctuate within $19.51 to $22.30, with a midpoint forecast of $20.92. The stock might deliver a -13.59% loss.
April 2025
Forecasting for April 2025, models estimate that Primo Water Corporation may undergo key fluctuations. If trends hold, the stock might trade between $18.47 and $22.30, averaging $20.24. This signals a cautious trajectory with potential returns around -16.40%.
May 2025
According to our latest forecast models, Primo Water Corporation (PRMW) is positioned to show a strong performance in May 2025. The price is predicted to move between $18.47 and $21.79, settling at an average of $20.18. This could translate to a -16.65% loss.
June 2025
Based on current market signals, Primo Water Corporation is projected to trend june 2025. We forecast a trading range from $18.95 to $21.60, with a likely average price of $20.25. Investors could expect a potential return of -16.36%.
July 2025
Our predictive algorithms indicate Primo Water Corporation stock may see a shift in July 2025. The expected range spans $19.34–$22.65, with an average target of $21.05. This represents a cautious outlook and a possible loss of -13.05%.
August 2025
Analyzing established trends, Primo Water Corporation looks set to move in August 2025. Projections place the stock between $20.38 and $23.25, averaging around $21.76. This suggests a -10.12% loss from current levels.
September 2025
Market indicators suggest Primo Water Corporation could experience notable changes during September 2025. Prices could fluctuate within $19.25 to $22.90, with a midpoint forecast of $20.95. The stock might deliver a -13.47% loss.
October 2025
Forecasting for October 2025, models estimate that Primo Water Corporation may undergo key fluctuations. If trends hold, the stock might trade between $19.22 and $23.04, averaging $21.09. This signals a cautious trajectory with potential returns around -12.89%.
November 2025
According to our latest forecast models, Primo Water Corporation (PRMW) is positioned to show a strong performance in November 2025. The price is predicted to move between $19.96 and $22.33, settling at an average of $21.09. This could translate to a -12.89% loss.
PRMW's history of dividends and stock splits also plays a role in long-term investor confidence.