Arkk stock forecast current ARKK stock forecast trends

Current ARKK stock forecast trends highlight volatility around CPI releases, with swings of ±3% common in reaction to macro data. Strong tech earnings could push ARKK to $50 resistance levels. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002". The car maker dropped its 2024 fourth-quarter earnings on Jan. 29, but the results left much to be desired . Revenue inched up just 2% year-over-year to $25.7 billion, falling well short of analysts’ $27.1 billion projection. Meanwhile, adjusted EPS rose a mere 3% annually to $0.73 and missed Wall Street’s target by 4.8%. While Tesla’s latest earnings revealed impressive growth in its emerging segments, it also highlighted cracks in its core automotive business. Quant-driven ARKK stock forecast simulations show 60% probability of hitting $49 in the next six weeks, based on correlation with high-beta tech basket movements.