Hmc stock price forecast bullish traders see "HMC stock price

Bullish traders see "HMC stock price forecast" heading toward $39 by mid-2024 if macro conditions stabilize. The stock’s 50-day moving average has crossed above the 200-day, a classic golden cross that tends to attract momentum funds. HMC's full-year Zacks Consensus Estimates are calling for earnings of $3.88 per share and revenue of $134.63 billion. These results would represent year-over-year changes of +28.05% and +7.52%, respectively. CrowdStrike Tests $412 Support as Options Traders Turn Bullish In the short term, the "HMC stock price forecast" suggests potential volatility as January production data is confirmed. Earnings guidance from Honda indicates resilient operating margins near 7%, supportive of an upside breakout above $38 if automotive sector sentiment remains positive.