New World Development Company Limited (HKG:0017)
7.04
-0.24 (-3.30%)
Jun 18, 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 $8.19. The average 1-year stock price forecast is 16.34% higher than the current stock price, while the lowest is $4.00 (-43.18%) and the highest is $11.32 (+60.80%).
Price Target: $8.19 (+16.34%)
Analyst Consensus: Sell
* Price targets were last updated on May 21, 2026.
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 | Oct '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 4 | 5 | 5 | 5 |
| Sell | 3 | 3 | 2 | 2 | 2 | 2 |
| Strong Sell | 6 | 6 | 6 | 4 | 4 | 4 |
| Total | 13 | 13 | 13 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Goldman Sachs No rating | Goldman Sachs | Hold Maintains $12.50 → $11.00 | Hold | Maintains | $12.50 → $11.00 | +56.25% | May 21, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $10.70 → $8.00 | Hold | Maintains | $10.70 → $8.00 | +13.64% | Apr 1, 2026 |
Unknown Analyst BOCOM International Holdings Company No rating | BOCOM International Holdings Company | Buy Maintains $11.96 | Buy | Maintains | $11.96 | +69.89% | Mar 11, 2026 |
| Citi | Citi | Hold Upgrades $9.60 → $11.32 | Hold | Upgrades | $9.60 → $11.32 | +60.80% | Mar 3, 2026 |
Unknown Analyst CLSA No rating | CLSA | Hold Maintains $10.00 | Hold | Maintains | $10.00 | +42.05% | Mar 3, 2026 |
Financial Forecast
Revenue This Year
25.20B
from 27.68B
Decreased by -8.98%
Revenue Next Year
28.71B
from 25.20B
Increased by 13.93%
EPS This Year
-1.08
from -6.82
EPS Next Year
0.00
from -1.08
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is HKD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 28.8B | ||
| Avg | 25.2B | ||
| Low | 19.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 4.1% | ||
| Avg | -9.0% | ||
| Low | -30.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -0.39 | ||
| Avg | -1.08 | ||
| Low | -1.72 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | - | ||
| Low | - |