RRX Should I Buy
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BUY now. The trend is technically bullish (stacked moving averages + positive/expanding MACD), options positioning is strongly call-skewed, and Wall Street price targets sit above the current price (~$159). For an impatient buyer, the current level is a reasonable entry ahead of a potential breakout toward $161.63/$164.37, with the main near-term risk being the 2026-02-04 after-hours earnings event and ongoing insider selling.
Trend/structure: Bullish. The moving averages are positively stacked (SMA_5 > SMA_20 > SMA_200), which typically signals an established uptrend. Momentum: MACD histogram is positive (0.142) and expanding, reinforcing upside momentum. RSI: RSI_6 at ~59.4 is neutral-to-constructive (not overbought), leaving room for continuation. Levels: Pivot support is ~157.20; price at 159.35 is above pivot, which is constructive. Immediate resistance is R1 ~161.63, then R2 ~164.37. If price loses the pivot, next supports are S1 ~152.77 and S2 ~150.03. Pattern-based forward look provided: modest near-term edge (next day +0.17% expected with 50% probability) and a better 1-month bias (+3.53%).
Intellectia Proprietary Trading Signals
Technical uptrend + improving momentum (stacked MAs, positive MACD expansion).
Options market is strongly call-skewed (bullish sentiment/positioning).
Analyst targets recently lifted by KeyBanc ($
and Citi ($180), implying upside from ~$
Dividend reaffirmation ($0.35 quarterly) supports shareholder-return narrative.
Hedge fund trend: buying increased ~329% QoQ (supportive institutional demand).
Potential event catalyst: upcoming QDEC 2025 earnings on 2026-02-04 after hours could trigger a breakout if results/guide are strong.
Insider selling trend: selling amount increased ~253% over the last month (can cap near-term upside).
One notable bearish/more cautious sell-side move: Jefferies downgraded to Hold with PT $160, citing slower transformation execution and CEO-transition uncertainty.
Near-term technical overhead: price is approaching resistance at ~161.63; failure to clear it can lead to a pullback toward the ~157 pivot or lower.
Earnings on 2026-02-04 after hours is a binary catalyst (the market is already pricing higher volatility per elevated IV).
Latest quarter: 2025/Q3. Growth/quality: Revenue rose to ~$1.497B (+1.33% YoY), while profitability improved faster than sales: Net income ~$79.6M (+9.49% YoY) and EPS $1.20 (+10.09% YoY). Margin trend: Gross margin declined to ~37.27% (-1.95% YoY), which is the main weak spot (suggests some cost/price mix pressure), but bottom-line growth indicates operating leverage/cost actions are helping.
Recent trend: Mostly constructive but mixed. KeyBanc (2026-01-26) reiterated Overweight and raised PT to $175 (from $170). Citi (2025-12-11) reiterated Buy and raised PT to $180 (from $175). Barclays (2025-11-03) stayed Overweight and raised PT to $165. Counterpoint: Jefferies (2025-12-10) downgraded to Hold and cut PT to $160, citing execution timing and CEO-transition uncertainty.
Wall Street pros view (bull case): improving confidence in end-market inflection and more meaningful data-center exposure; targets above spot price imply upside. Cons view (bear case): transformation taking longer, leadership uncertainty, and the recovery/deleveraging upside may be partly priced in around current levels.
