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Johnson Controls International plc ($JCI) Stock Forecast: Up 11.9% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Johnson Controls International plc?

Johnson Controls International plc (JCI) is a multinational conglomerate that specializes in producing automotive parts and HVAC equipment. Today, the stock had a strong bullish movement.

Why is Johnson Controls International plc going up?

JCI stock is up 11.9% on Feb 5, 2025 20:35

  • JCI's fiscal first-quarter earnings and revenues surpassed estimates, showing a significant increase year over year, particularly driven by the strength in the HVAC and controls businesses.
  • The appointment of a new CEO, Joakim Weidemanis, effective March 12, might have instilled confidence in investors, leading to a positive market sentiment towards the stock.
  • The company's strong performance in Q1, with sales and adjusted EPS beating estimates, along with a raised annual EPS outlook, likely contributed to the bullish movement in JCI's stock price today.

JCI Price Chart

JCI Technical Analysis

JCI News

Johnson Controls Q1 Earnings & Revenues Surpass Estimates, Rise Y/Y

JCI's fiscal first-quarter revenues increase 10% year over year, driven by strength in the HVAC & controls businesses.

https://www.zacks.com/stock/news/2410421/johnson-controls-q1-earnings-revenues-surpass-estimates-rise-yy

0 Missing News Article Image Johnson Controls Q1 Earnings & Revenues Surpass Estimates, Rise Y/Y

Johnson Controls Q1: Earnings Beat, Raised Annual EPS Outlook, New CEO & More - Johnson Controls Intl ( NYSE:JCI )

Johnson Controls Q1 sales and adjusted EPS beat estimates. Johnson Controls appoints Joakim Weidemanis as CEO, effective March 12. Brand New Membership Level: Benzinga Trade Alerts Johnson Controls International plc JCI shares traded higher in premarket on Wednesday.

https://www.benzinga.com/25/02/43493249/fire-and-security-equipment-provider-johnson-controls-stocks-spike-on-q1-earnings-beat

1 News Article Image Johnson Controls Q1: Earnings Beat, Raised Annual EPS Outlook, New CEO & More - Johnson Controls Intl  ( NYSE:JCI )

Johnson Controls International plc Price History

30.07.2024 - JCI Stock was up 1.2%

  • JCI's strategic flywheel gaining momentum indicates positive long-term growth, potentially boosting investor confidence and driving a bullish movement in the stock.
  • The outperformance of JCI compared to the market over the past 15 years reflects strong historical performance, appealing to investors seeking consistent returns and stability.
  • Despite meeting earnings per share expectations in Q3, falling short on revenues and a subsequent downgrade from buy to hold may have caused initial market uncertainty. Nonetheless, the overall positive outlook on JCI's strategic direction appears to overshadow these concerns, contributing to the bullish movement in the stock.

06.10.2024 - JCI Stock was up 9.2%

  • Johnson Controls (JCI) reported Q4 earnings that beat estimates, showcasing a strong financial performance.
  • The positive earnings surprise of 2.40% and revenue beat of 13.96% likely contributed to the bullish movement in the stock.
  • The company's continued improvement in the HVAC & Controls business could have further boosted investor confidence and led to the stock's upward trajectory.
  • Investors may have reacted positively to the outperformance of Johnson Controls Intl over the past 15 years, indicating a long-term track record of success and growth potential.

05.01.2025 - JCI Stock was up 11.7%

  • Johnson Controls exceeded sales and adjusted EPS expectations in Q1, leading to a positive market sentiment.
  • The appointment of Joakim Weidemanis as the new CEO effective March 12 may have instilled confidence in investors about the company's future leadership.
  • The company's raised annual EPS outlook further contributed to the bullish movement, indicating strong growth prospects.
  • Overall, the positive earnings results, new CEO appointment, and optimistic outlook likely fueled the bullish momentum in JCI's stock price today.

05.01.2025 - JCI Stock was up 11.9%

  • JCI's fiscal first-quarter earnings and revenues surpassed estimates, showing a significant increase year over year, particularly driven by the strength in the HVAC and controls businesses.
  • The appointment of a new CEO, Joakim Weidemanis, effective March 12, might have instilled confidence in investors, leading to a positive market sentiment towards the stock.
  • The company's strong performance in Q1, with sales and adjusted EPS beating estimates, along with a raised annual EPS outlook, likely contributed to the bullish movement in JCI's stock price today.

06.10.2024 - JCI Stock was up 6.8%

  • JCI experienced a bullish movement today, possibly influenced by positive market expectations and anticipation of strong quarterly earnings.
  • The upcoming Q4 earnings report is expected to demonstrate improvement in the HVAC & Controls business, which may have contributed to the bullish sentiment.
  • Investors may have been motivated by JCI's consistent outperformance in the market over the past 15 years, fostering increased confidence in the company's long-term growth potential.
  • The bullish movement in JCI's stock price today was likely driven by positive market sentiment and expectations of a strong earnings report.

03.07.2023 - JCI Stock was down 5.0%

  • The bearish movement in JCI's stock today can be attributed to the following factors:
  • 1. Disappointing Q3 sales growth: JCI reported a 7.8% year-on-year increase in sales, which fell short of the consensus estimate. This underperformance may have led to a negative sentiment among investors, resulting in the bearish movement.
  • 2. Missed revenue consensus: Despite reporting in-line adjusted earnings per share (EPS), JCI failed to meet the consensus revenue estimate of $7.19 billion. This could have raised concerns about the company's ability to generate sufficient revenue and impacted the stock negatively.
  • 3. Lack of positive surprises: JCI's Q3 earnings and revenue figures did not provide any significant positive surprises, with both metrics meeting expectations. This may have disappointed investors who were hoping for better-than-expected results, leading to the bearish market movement.
  • 4. Uncertainty about future prospects: The lack of clues in the earnings report regarding what lies ahead for JCI may have contributed to the bearish sentiment. Investors may be seeking clearer indications of the company's future growth prospects before making bullish moves.
  • Overall, the bearish movement in JCI's stock today can be attributed to disappointing sales growth, missed revenue consensus, lack of positive surprises, and uncertainty about future prospects.

29.08.2023 - JCI Stock was up 5.1%

  • JCI experienced a strong bullish movement today.
  • The stock initially fell by 4.9% after the company disclosed a data breach, which raised concerns about cybersecurity.
  • However, the stock rebounded and had a bullish movement, possibly due to positive investor sentiment and the acquisition of JCI shares by First County Bank CT.
  • The news of a potential strike by Las Vegas hospitality workers and a massive ransomware attack on other companies may have also contributed to the overall bullish market movement.

17.00.2024 - JCI Stock was down 7.0%

  • The appointment of Marc Vandiepenbeeck as the new executive vice president and CFO may have caused uncertainty or concerns among investors, leading to a bearish movement in JCI stock.
  • The positive earnings report from 30 days ago may have initially boosted investor confidence, but the lack of further positive news or updates could have contributed to the bearish market movement.
  • The article mentioning Lululemon Athletica Inc. (LULU) and its price target increase may have diverted investor attention away from JCI, resulting in a decline in JCI stock.
  • Overall, the bearish movement in JCI stock could be attributed to the appointment of a new CFO, lack of recent positive news, and potential investor focus on other companies like Lululemon.

13.11.2023 - JCI Stock was down 5.7%

  • The bearish movement in JCI's stock today can be attributed to the following factors:
  • 1. Disappointing Q4 earnings: JCI reported sales growth below expectations, missing the consensus estimate. This indicates a potential slowdown in the company's performance, leading to a negative sentiment among investors.
  • 2. Decline in global sales: JCI's stock drop can also be attributed to a decline in global sales. This suggests that the company may be facing challenges in its market reach and customer demand, impacting its overall financial performance.
  • 3. Impact of cyberattack: The stock's bearish movement could be influenced by the impact of a cyberattack on JCI's earnings. This event may have raised concerns about the company's cybersecurity measures and potential vulnerabilities, leading to a loss of investor confidence.
  • 4. Market sentiment and broader economic factors: While not directly related to JCI, the overall market sentiment and the release of inflation data may have contributed to the bearish movement. If investors perceive increased inflationary pressures, it could negatively affect companies like JCI, which may face higher input costs and potential margin pressures.
  • In summary, JCI's bearish movement today can be attributed to disappointing earnings, a decline in global sales, the impact of a cyberattack, and broader market sentiment influenced by inflation data.

14.01.2024 - JCI Stock was up 5.0%

  • A notable investment management firm has increased its position in JCI, indicating confidence in the company's prospects.
  • Another significant investment has been made in JCI, further highlighting positive sentiment towards the stock.
  • The positive market movement may be attributed to JCI's strong performance in the building products industry, where it competes favorably against peers.
  • JCI's emphasis on energy efficiency and sustainability in buildings aligns with current market trends, contributing to its positive momentum.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.