Neutral/Negative Catalysts
- Downtrend remains intact: Bearish moving-average stack plus weakening MACD suggests rallies may be sold until trend improves.
- Analyst stance is cautious: Stifel is Hold with a $45 target (below current ~47.7), implying limited near-term upside per that coverage.
- Profitability deterioration (latest reported quarter): Significant YoY declines in net income/EPS and gross margin (details below) can cap sustained upside.
- No notable accumulation signals: Hedge fund and insider trend readouts are neutral, suggesting no strong “smart money” confirmation right now.