New World Development Company Limited (HKG:0017)
6.48
+0.10 (1.57%)
Jul 10, 2026, 4:08 PM HKT
HKG:0017 Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, HKG:0017 stock has a consensus rating of "Sell" and an average price target of $7.92. The average 1-year stock price forecast is 22.22% higher than the current stock price, while the lowest is $4.00 (-38.27%) and the highest is $11.32 (+74.69%).
Price Target: $7.92 (+22.22%)
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for HKG:0017 stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 5 | 5 | 5 | 6 | 6 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 6 | 4 | 4 | 4 | 4 | 4 |
| Total | 13 | 12 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Maintains $8.00 → $6.80 | Hold | Maintains | $8.00 → $6.80 | +4.94% | Jun 24, 2026 |
Unknown Analyst Goldman Sachs No rating | Goldman Sachs | Hold Maintains $12.50 → $11.00 | Hold | Maintains | $12.50 → $11.00 | +69.75% | May 21, 2026 |
Unknown Analyst BOCOM International Holdings Company No rating | BOCOM International Holdings Company | Buy Maintains $11.96 | Buy | Maintains | $11.96 | +84.57% | Mar 11, 2026 |
| Citi | Citi | Hold Upgrades $9.60 → $11.32 | Hold | Upgrades | $9.60 → $11.32 | +74.69% | Mar 3, 2026 |
Unknown Analyst CLSA No rating | CLSA | Hold Maintains $10.00 | Hold | Maintains | $10.00 | +54.32% | Mar 3, 2026 |
Financial Forecast
Revenue This Year
26.58B
from 27.68B
Decreased by -3.97%
Revenue Next Year
27.51B
from 26.58B
Increased by 3.51%
EPS This Year
-1.06
from -6.82
EPS Next Year
0.02
from -1.06
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is HKD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 33.5B | ||
| Avg | 26.6B | ||
| Low | 19.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 21.0% | ||
| Avg | -4.0% | ||
| Low | -30.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.29 | ||
| Avg | -1.06 | ||
| Low | -1.72 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | - | ||
| Low | - |