Not a good buy right now for an impatient buyer: the setup is extended (RSI overbought) and near-term stats/pattern signal downside risk over the next day/week.
Price is pre-market ~$280.11 (-2.0%), sitting just below a key resistance zone (R1 ~282.20) with earnings on 2026-02-12 pre-market—near-term direction is likely to be headline-driven.
Best read from today’s data: Hold / avoid chasing here; the risk-reward is not attractive until either (a) a clean breakout above ~290.50 (R2) or (b) a pullback closer to ~268.75 pivot support.
Trend: Bullish structure remains intact (SMA_5 > SMA_20 > SMA_200), suggesting the broader trend is up.
Momentum: MACD histogram +1.866 and expanding indicates strong upside momentum, but it’s late-cycle momentum.
Overbought: RSI_6 = 86.275 flags a stretched condition—often followed by consolidation or pullback.
Levels: Pivot 268.75 is the key “line in the sand” support; resistance sits at ~282.20 (R1) and ~290.51 (R2). Pre-market (280.11) is below R1, implying the market is still working through resistance.
Short-horizon probabilistic trend (pattern-based): 80% chance of -1.54% next day, -3.21% next week, -3.49% next month—near-term bias skews lower despite the longer-term uptrend.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment: Put/Call OI ratio 0.48 and put/call volume ratio 0.01 indicate call-heavy positioning (bullish tilt).
Activity: Today’s options volume 422 vs 30-day average is very elevated (today vs avg ~1278.79%), consistent with pre-earnings positioning.
Volatility pricing: IV 30D ~31.55 vs HV ~29.49, and IV percentile 79.2 suggests options are relatively expensive (market expecting movement).
Interpretation: Traders are leaning bullish via calls, but implied volatility suggests the market is paying up for a move—timing risk is elevated into the 2026-02-12 earnings event.
Technical Summary
Sell
6
Buy
10
Positive Catalysts
can act as a major catalyst.
Neutral/Negative Catalysts
Technical stretch risk: RSI is extremely overbought, increasing odds of a near-term pullback/consolidation.
Event risk concentration: Elevated IV and unusually high option volume suggests a large move is being priced into earnings—direction is uncertain.
Near-term statistical/pattern bias points to downside over 1D/1W/1M horizons despite the longer-term uptrend.
Macro tape: Pre-market S&P 500 is down (-0.78%), which can pressure industrial cyclicals intraday.
Recent trend: Price targets have generally moved up (Roth to $297 from $285; Barclays to $280 from $260; Stifel roughly flat-to-slightly up in January but previously lowered to $252 in December).
Current Street split (from provided notes):
Bullish: Roth Buy ($297 PT) and Barclays Overweight ($280 PT).
Cautious: Stifel Hold (~$253 PT range).
Wall Street pros: multi-year automation/manufacturing tailwinds; continued execution implied by strong recent EPS/margin growth.
Wall Street cons: more conservative forward outlook expectations; some skepticism that prior growth may have been influenced by pricing/tariff-related dynamics and muted volumes.
Wall Street analysts forecast LECO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LECO is 269.25 USD with a low forecast of 252 USD and a high forecast of 285 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast LECO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LECO is 269.25 USD with a low forecast of 252 USD and a high forecast of 285 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 284.660
Low
252
Averages
269.25
High
285
Current: 284.660
Low
252
Averages
269.25
High
285
Roth Capital
Tom Hayes
Buy
maintain
$285 -> $297
AI Analysis
2026-02-03
New
Reason
Roth Capital
Tom Hayes
Price Target
$285 -> $297
AI Analysis
2026-02-03
New
maintain
Buy
Reason
Roth Capital analyst Tom Hayes raised the firm's price target on Lincoln Electric to $297 from $285 and keeps a Buy rating on the shares. The stock is the firm's top idea for 2026, and Roth sees several multi-year catalysts providing a very conductive global manufacturing environment where Lincoln can bring its innovation and expertise in automation and welding, the analyst tells investors in a research note.
Stifel
Hold
maintain
$252 -> $253
2026-01-23
Reason
Stifel
Price Target
$252 -> $253
2026-01-23
maintain
Hold
Reason
Stifel raised the firm's price target on Lincoln Electric to $253 from $252 and keeps a Hold rating on the shares as part of the firm's Q4 preview for its diversified industrials coverage.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for LECO
