Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of TARO will rise by +0.49% over the next 2 Weeks and hit $43.19 by Friday, July 5, 2024. In that time frame, TARO's share price is expected to range between $42.85 and $43.52.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Jul 5, 2024 | 42.79 | 43.19 | 43.57 |
| Jul 4, 2024 | 42.84 | 43.18 | 43.51 |
| Jul 3, 2024 | 42.85 | 43.13 | 43.41 |
| Jul 2, 2024 | 42.87 | 43.11 | 43.35 |
| Jul 1, 2024 | 42.89 | 43.08 | 43.26 |
| Jun 28, 2024 | 42.91 | 43.06 | 43.21 |
| Jun 27, 2024 | 42.94 | 43.05 | 43.17 |
| Jun 26, 2024 | 42.89 | 43.00 | 43.11 |
| Jun 25, 2024 | 42.89 | 42.98 | 43.07 |
| Jun 24, 2024 | 42.86 | 42.95 | 43.03 |
TARO shares rose +0.01% in Friday, June 21, 2024's trading session, rising from a previous close of $42.97 to move at $42.98. The stock demonstrated notable intraday movement (see TARO's key stats for a full breakdown), fluctuating between $42.94 and $42.98, a +0.09% trading range. While recent weeks have seen some volatility, TARO has managed to secure a +0.48% gain over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 242.11K shares changing hands, 168.17K fewer than the previous session. This amounted to $10.40M in total market activity.
Will TARO Continue Its Upward Trend?
According to analyst ratings and projections for TARO, Taro Pharmaceutical Industries Ltd. shares are anticipated to increase by +1.36%, potentially reaching $43.57 per share by July 5, 2024. Short-term technical indicators currently suggest a neutral sentiment for TARO. 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 TARO stock forecast, now is a good time to buy TARO stock because its current trading price is -0.50% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on TARO covering social and institutional perspectives.
TARO Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into TARO's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 61.52% to 70.42%) suggest the stock is showing bullish momentum with some volatility. The 50-day RSI, at 57.13%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 55.32%, maintains a neutral outlook for the long term. Insights into TARO's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Taro Pharmaceutical Industries Ltd. Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, Taro Pharmaceutical Industries Ltd. (TARO) is positioned to show a strong performance in September 2024. The price is predicted to move between $57.22 and $65.05, settling at an average of $61.07. This could translate to a +42.11% gain.
October 2024
Based on current market signals, Taro Pharmaceutical Industries Ltd. is projected to trend october 2024. We forecast a trading range from $57.66 to $68.28, with a likely average price of $62.64. Investors could expect a potential return of +45.76%.
November 2024
Our predictive algorithms indicate Taro Pharmaceutical Industries Ltd. stock may see a shift in November 2024. The expected range spans $56.11–$70.70, with an average target of $65.18. This represents a positive outlook and a possible gain of +51.67%.
December 2024
Analyzing established trends, Taro Pharmaceutical Industries Ltd. looks set to move in December 2024. Projections place the stock between $64.39 and $76.44, averaging around $69.45. This suggests a +61.61% gain from current levels.
January 2025
Market indicators suggest Taro Pharmaceutical Industries Ltd. could experience notable changes during January 2025. Prices could fluctuate within $69.17 to $80.03, with a midpoint forecast of $74.46. The stock might deliver a +73.26% gain.
February 2025
Forecasting for February 2025, models estimate that Taro Pharmaceutical Industries Ltd. may undergo key fluctuations. If trends hold, the stock might trade between $72.66 and $82.11, averaging $77.01. This signals a positive trajectory with potential returns around +79.20%.
March 2025
According to our latest forecast models, Taro Pharmaceutical Industries Ltd. (TARO) is positioned to show a strong performance in March 2025. The price is predicted to move between $74.51 and $83.30, settling at an average of $78.83. This could translate to a +83.43% gain.
April 2025
Based on current market signals, Taro Pharmaceutical Industries Ltd. is projected to trend april 2025. We forecast a trading range from $74.98 to $87.50, with a likely average price of $81.66. Investors could expect a potential return of +90.02%.
May 2025
Our predictive algorithms indicate Taro Pharmaceutical Industries Ltd. stock may see a shift in May 2025. The expected range spans $79.67–$92.69, with an average target of $85.79. This represents a positive outlook and a possible gain of +99.63%.
June 2025
Analyzing established trends, Taro Pharmaceutical Industries Ltd. looks set to move in June 2025. Projections place the stock between $85.11 and $96.00, averaging around $90.07. This suggests a +109.59% gain from current levels.
TARO's history of dividends and stock splits also plays a role in long-term investor confidence.