TALO Forecast


Bullish Case: Upbeat guidance post-QuarterNorth acquisition, recent insider buying, and Citi's bullish target suggest potential upside.


Bearish Case: Historical price decline, low trading volume, and bearish AI forecast indicate potential underperformance or stagnation.


Potential Outcomes: 60% chance TALO benefits from acquisitions, supportive guidance, and insider confidence; 30% probability of sideways movement reflecting market's wait-and-see stance; 10% risk of decline on external shocks or failed expectations.


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April 11, 2024


Talos Energy Forecast

TALO        Talos Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with TALO



BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (0.92)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.85)


NE Forecast + Options Trading Strategies   NE  Noble (0.82)


BG Forecast + Options Trading Strategies   BG  Bunge (0.82)


CIVI Forecast + Options Trading Strategies   CIVI  Civitas Resources Inc New (0.81)



Uncorrelated Stock Forecasts

Assets with little price relationship to TALO



BBY Forecast + Options Trading Strategies   BBY  Best Buy (-0.01)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.01)


GNTX Forecast + Options Trading Strategies   GNTX  Gentex (-0.01)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.01)


NCLH Forecast + Options Trading Strategies   NCLH  Norwegian Cruise Line (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TALO



KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (-0.68)


MDGL Forecast + Options Trading Strategies   MDGL  Madrigal Pharmaceuticals (-0.69)


IDT Forecast + Options Trading Strategies   IDT  IDT Corp. - (-0.7)


WING Forecast + Options Trading Strategies   WING  Wingstop (-0.7)


VZ Forecast + Options Trading Strategies   VZ  Verizon Communications (-0.71)





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