4D Capital, L.P     

Fast Mover 39 – BBWI

Analysis Summary for Bath & Body Works Inc. (BBWI)
Date of Analysis: June 11th, 2025

*** Quick Note: While the nuts and bolts of our forecast remain the same, we are making slight adjustments to our final targeting analysis.

Time Target: Our final bottom cycle projection is running late. Our additional analysis puts the bottom at June 26th (+/- 15 trading days). We are now within this window.
Price Target: Our exact price target for the bottom has changed to $24.20 (+/- $1). Yet, for the sake of trading, let’s make it $24.20 (+/- $2). We are now also within this range.
Projected Move: Our prior analysis remains the same. According to our mathematical work, BBWI is now declining to its mid-cycle bottom expected NOW. Afterwards, BBWI is expected to demonstrate a substantial rally of at least 600% into late 2027.

In summary: BBWI is looking for a major bottom right now. Once the bottom is put in place BBWI will likely rally in excess of 600%+  by late 2027.

Trading: We are buyers at $25.50, with a stop loss at $21.95.

Analysis Summary for Bath & Body Works Inc. (BBWI)
Date of Analysis: September 20th, 2024

Time Target: A down cycle-composite arrives in December of 2024, after which, BBWI should increase fast into its cycle top scheduled for June of 2026.
Price Target: $21 (+/- $1)
Projected Move: According to our mathematical work, BBWI is now declining to its cycle bottom expected in December of 2024 at $21. Afterwards, BBWI is expected to demonstrate a massive rally by, AT LEAST, 600%.

Note, however, that our work reveals a very dangerous elliptical threshold for the upcoming cycle bottom located at $15. If BBWI breaks below that level, it may crash all the way to 0.

In summary: BBWI puts a bottom in December around $21 and rallies fast within the next 18 months potentially by 600% or even more.