Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of SRC will decline by -5.88% over the next 2 Weeks and hit $40.45 by Monday, February 5, 2024. In that time frame, SRC's share price is expected to range between $39.66 and $41.25.
BearishAverageBullishSRC shares rose +0.63% in Friday, January 19, 2024's trading session, rising from a previous close of $42.71 to move at $42.98. The stock demonstrated notable intraday movement (see SRC's key stats for a full breakdown), fluctuating between $42.16 and $43.67, a +3.58% trading range. While recent weeks have seen some volatility, SRC has managed to secure a -5.02% drop over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 26.93M shares changing hands, 24.69M more than the previous session. This amounted to $1.16B in total market activity.
Will SRC Continue Its Downward Trend?
According to analyst ratings and projections for SRC, Spirit Realty Capital, Inc. shares are anticipated to decrease by -4.26%, potentially reaching $41.22 per share by February 5, 2024. Short-term technical indicators currently suggest a neutral sentiment for SRC. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 14 positive trading days within the past 30 sessions. Based on the SRC stock forecast, now is not the best time to buy SRC stock because its current trading price is +6.25% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on SRC covering social and institutional perspectives.
SRC Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into SRC's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 31.97% to 47.44%) suggest weak bearish momentum with possible fluctuation. The 50-day RSI, at 53.79%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 52.77%, maintains a neutral outlook for the long term. Insights into SRC's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Spirit Realty Capital, Inc. Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, Spirit Realty Capital, Inc. (SRC) is positioned to show a strong performance in September 2024. The price is predicted to move between $61.03 and $65.53, settling at an average of $63.20. This could translate to a +47.05% gain.
October 2024
Based on current market signals, Spirit Realty Capital, Inc. is projected to trend october 2024. We forecast a trading range from $60.25 to $66.66, with a likely average price of $64.23. Investors could expect a potential return of +49.44%.
November 2024
Our predictive algorithms indicate Spirit Realty Capital, Inc. stock may see a shift in November 2024. The expected range spans $61.64–$69.14, with an average target of $66.00. This represents a positive outlook and a possible gain of +53.56%.
December 2024
Analyzing established trends, Spirit Realty Capital, Inc. looks set to move in December 2024. Projections place the stock between $64.97 and $70.08, averaging around $67.59. This suggests a +57.26% gain from current levels.
January 2025
Market indicators suggest Spirit Realty Capital, Inc. could experience notable changes during January 2025. Prices could fluctuate within $67.10 to $72.62, with a midpoint forecast of $69.55. The stock might deliver a +61.82% gain.
SRC's history of dividends and stock splits also plays a role in long-term investor confidence.