W stock price forecast based on recent earnings reports

Based on recent earnings reports, the "W stock price forecast" indicates sequential revenue growth of 8–12% over the next two quarters, with robust online traffic helping push the stock toward the upper $70 range. For example, if the collective cost for a broad-reaching basket of goods and services regularly purchased by seniors increases by 4% from one year to the next, Social Security benefits would also need to climb by 4%. Otherwise, recipients would see some of their buying power stripped away. The cost-of-living adjustment is the raise passed along to beneficiaries on a near-annual basis that attempts to account for the inflationary pressures they're facing. As of Sept. 5, 99% of S&P 500 index companies have reported results, according to FactSet data , and analysts expect S&P 500 companies to report a 12% jump in earnings per share during the second quarter. Technical traders reviewing the "W stock price forecast" focus on Bollinger Band constriction, signaling a volatility expansion phase that may result in a sharp upward breakout.