288.73
price up icon0.07%   +0.21
 
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Encore Wire Corp. Stock (WIRE) Forecast

The Encore Wire Corp. (WIRE) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $310.95, representing a +7.69% increase from the current price of $288.73. The highest analyst price target is $317.53, and the lowest is $304.36.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month WIRE Price Target
Average 377.22 (+30.65% Upside)
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Is Encore Wire Corp. (WIRE) A Buy Now?

Oscillators
Name Value Action
RSI(14) 68.03 Neutral
STOCH(9,6) 61.59 Neutral
STOCHRSI(14) 100.00 Sell
MACD(12,26) 2.9463 Buy
ADX(14) 23.09 Neutral
William %R -4.6442 Sell
CCI(14) 159.89 Buy
Buy: 2 Sell: 2 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
281.66
Buy
283.38
Buy
MA20
281.49
Buy
281.46
Buy
MA50
275.14
Buy
271.61
Buy
MA100
250.13
Buy
253.74
Buy
MA200
217.45
Buy
229.77
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, WIRE could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 2 signaling Sell signals and 3 Neutral signals. This might be a good time to open fresh positions on WIRE, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 68.03 indicates that WIRE is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 61.59 indicates that WIRE is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that WIRE is oversold. This suggests that WIRE price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 23.09 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 159.89 indicates that WIRE is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term WIRE price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Encore Wire Corp. financial reports and earnings history, Encore Wire Corp. (WIRE) stock could reach $534.78 by 2030, $2,957.67 by 2040 and $3,784.63 by 2050. See the projected annual prices until 2050 of the Encore Wire Corp. stock below:

  • Encore Wire Corp. (WIRE) is expected to reach an average price of $2,264.99 in 2035, with a high prediction of $2,267.23 and a low estimate of $2,219.71. This indicates an $684.47% rise from the last recorded price of $288.73.
  • Encore Wire Corp. (WIRE) stock is projected to chart a bullish course in 2040, with an average price target of $2,948.12, representing an $921.07% surge from its current level. The forecast ranges from a conservative $2,922.99 to a sky-high $2,957.67.
  • Our analysts predict Encore Wire Corp. (WIRE) to jump 1,093% by 2045, soaring from $3,398.04 to an average price of $3,444.60, potentially reaching $3,447.10. While $3,398.04 is the low estimate, the potential upside is significant.
  • Encore Wire Corp. (WIRE) stock is expected to climb by 2050, reaching an average of $3,784.26, a $1,211% jump from its current level. However, a wide range of estimates exists, with high and low targets of $3,784.63 and $3,718.15, respectively, highlighting the market's uncertainty.

Encore Wire Corp. Stock (WIRE) Year by Year Forecast

Encore Wire Corp. Stock (WIRE) Price Forecast for 2024

Our forecast for WIRE stock price in 2024 now indicates an average price target of $295.49 with a high forecast of $383.98 and a low forecast of $207.00. The average prediction reflects an increase of +2.34% from the last recorded price of $288.73.
Month Average Low High Change from today's price
July, 2024 $316.82 $304.36 $317.53 +9.73%
August, 2024 $325.60 $318.06 $328.88 +12.77%
September, 2024 $341.88 $328.03 $345.98 +18.41%
October, 2024 $357.83 $344.26 $358.52 +23.93%
November, 2024 $371.35 $360.63 $373.04 +28.61%
December, 2024 $383.13 $373.51 $383.98 +32.70%

Encore Wire Corp. Stock (WIRE) Price Forecast for 2025

Encore Wire Corp. Stock (WIRE) is expected to reach an average price of $461.06 in 2025, with a high prediction of $537.18 and a low estimate of $384.93. This indicates an +59.68% rise from the last recorded price of $288.73.
Month Average Low High Change from today's price
January, 2025 $398.24 $384.93 $398.31 +37.93%
February, 2025 $406.86 $399.34 $409.73 +40.91%
March, 2025 $413.37 $409.50 $419.48 +43.17%
April, 2025 $422.20 $411.90 $423.56 +46.22%
May, 2025 $434.75 $420.90 $435.47 +50.57%
June, 2025 $447.65 $439.88 $450.08 +55.04%
July, 2025 $466.07 $451.62 $470.27 +61.42%
August, 2025 $478.67 $467.63 $480.27 +65.78%
September, 2025 $497.74 $481.43 $497.81 +72.39%
October, 2025 $509.50 $500.19 $510.86 +76.46%
November, 2025 $517.52 $510.53 $518.84 +79.24%
December, 2025 $532.52 $520.27 $537.18 +84.44%

Encore Wire Corp. Stock (WIRE) Price Forecast for 2026

The predicted value for Encore Wire Corp. (WIRE) in 2026 is set at an average of $641.20. Estimates vary from a peak of $746.78 to a trough of $535.62, indicating an +122.08% surge from the present price of $288.73.
Month Average Low High Change from today's price
January, 2026 $551.01 $535.62 $552.81 +90.84%
February, 2026 $567.11 $553.10 $568.55 +96.41%
March, 2026 $583.94 $568.58 $585.89 +102.24%
April, 2026 $604.99 $584.72 $607.03 +109.54%
May, 2026 $620.55 $605.98 $623.51 +114.92%
June, 2026 $631.35 $618.52 $631.99 +118.66%
July, 2026 $658.92 $634.20 $659.84 +128.21%
August, 2026 $672.12 $659.91 $672.89 +132.78%
September, 2026 $677.81 $666.95 $680.08 +134.76%
October, 2026 $703.22 $676.12 $703.22 +143.56%
November, 2026 $714.35 $705.20 $716.53 +147.41%
December, 2026 $739.38 $716.39 $746.78 +156.08%

Encore Wire Corp. Stock (WIRE) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Encore Wire Corp. (WIRE) is $840.31, with a high forecast of $940.88 and a low forecast of $739.74. This indicates an +191.04% increase from the last price of $288.73.
Month Average Low High Change from today's price
January, 2027 $769.54 $739.74 $770.60 +166.53%
February, 2027 $813.59 $772.97 $817.33 +181.78%
March, 2027 $814.02 $804.54 $826.00 +181.93%
April, 2027 $824.97 $812.77 $839.08 +185.72%
May, 2027 $820.83 $803.21 $826.10 +184.29%
June, 2027 $838.30 $819.58 $842.14 +190.34%
July, 2027 $849.91 $841.09 $870.05 +194.36%
August, 2027 $853.05 $845.62 $862.95 +195.45%
September, 2027 $890.20 $853.09 $890.89 +208.32%
October, 2027 $884.58 $882.41 $919.18 +206.37%
November, 2027 $891.60 $879.64 $894.10 +208.80%
December, 2027 $933.83 $887.58 $940.88 +223.43%

Encore Wire Corp. Stock (WIRE) Price Forecast for 2028

In 2028, Encore Wire Corp. (WIRE) is projected to reach an average price of $1,041.08, with a high projection of $1,149.54 and a low estimate of $932.62. This indicates an +260.57% rise from the last price of $288.73.
Month Average Low High Change from today's price
January, 2028 $941.34 $935.34 $956.75 +226.03%
February, 2028 $942.67 $932.62 $949.43 +226.49%
March, 2028 $979.94 $946.35 $988.81 +239.40%
April, 2028 $1,003.33 $975.91 $1,006.83 +247.50%
May, 2028 $1,010.81 $998.14 $1,016.31 +250.09%
June, 2028 $1,031.58 $1,008.14 $1,032.86 +257.28%
July, 2028 $1,060.93 $1,033.20 $1,068.60 +267.45%
August, 2028 $1,094.35 $1,063.14 $1,107.00 +279.02%
September, 2028 $1,080.84 $1,077.86 $1,108.37 +274.34%
October, 2028 $1,100.27 $1,068.80 $1,101.64 +281.07%
November, 2028 $1,119.28 $1,098.45 $1,119.69 +287.65%
December, 2028 $1,146.96 $1,115.09 $1,149.54 +297.24%

Encore Wire Corp. Stock (WIRE) Price Forecast for 2029

The 2029 price forecast for Encore Wire Corp. Stock (WIRE) is $953.92 on average, with a high prediction of $1,402.99 and a low estimate of $504.85. This represents an +230.38% increase from the previous price of $288.73.
Month Average Low High Change from today's price
January, 2029 $1,146.93 $1,123.71 $1,152.46 +297.23%
February, 2029 $1,148.10 $1,140.90 $1,154.32 +297.64%
March, 2029 $1,173.31 $1,151.66 $1,176.71 +306.37%
April, 2029 $1,190.97 $1,177.25 $1,205.23 +312.49%
May, 2029 $1,214.31 $1,185.02 $1,217.17 +320.57%
June, 2029 $1,228.54 $1,216.90 $1,236.21 +325.50%
July, 2029 $1,265.92 $1,227.28 $1,271.32 +338.44%
August, 2029 $1,293.03 $1,265.39 $1,301.82 +347.84%
September, 2029 $1,300.12 $1,293.96 $1,326.66 +350.29%
October, 2029 $1,341.57 $1,303.00 $1,344.20 +364.65%
November, 2029 $1,391.49 $1,340.55 $1,402.99 +381.94%
December, 2029 $505.61 $504.85 $1,400.42 +75.12%

Encore Wire Corp. Stock (WIRE) Price Forecast for 2030

Encore Wire Corp. Stock (WIRE) is expected to reach an average price of $657.84 in 2030, with a high forecast of $807.40 and a low forecast of $508.28. This signifies an +127.84% surge from the last price of $288.73.
Month Average Low High Change from today's price
January, 2030 $533.93 $508.28 $534.78 +84.92%
February, 2030 $559.86 $538.97 $561.69 +93.91%
March, 2030 $583.50 $564.65 $584.24 +102.09%
April, 2030 $606.68 $587.66 $607.92 +110.12%
May, 2030 $639.61 $611.08 $639.99 +121.53%
June, 2030 $668.09 $643.36 $668.39 +131.39%
July, 2030 $693.95 $667.41 $695.83 +140.35%
August, 2030 $719.44 $700.08 $721.07 +149.18%
September, 2030 $743.40 $724.47 $744.38 +157.47%
October, 2030 $773.83 $749.44 $774.94 +168.01%
November, 2030 $783.12 $773.62 $787.73 +171.23%
December, 2030 $803.80 $786.95 $807.40 +178.39%
electrical_equipment_parts ENS
$107.84
price down icon 1.06%
$107.43
price up icon 0.53%
electrical_equipment_parts BE
$16.32
price down icon 1.92%
$152.15
price up icon 0.59%
$14.49
price up icon 0.98%
Cap:     |  Volume (24h):