Manycore Tech Inc. (HKG:0068)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
14.60
-0.15 (-1.02%)
At close: Jun 12, 2026

Manycore Tech Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, Manycore Tech stock has a consensus rating of "Buy" and an average price target of $24.48. The average 1-year stock price forecast is 67.67% higher than the current stock price, while the lowest is $19.01 (+30.21%) and the highest is $29.96 (+105.21%).

Price Target: $24.48 (+67.67%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$19.01$24.48$24.48$29.96
Change+30.21%+67.67%+67.67%+105.21%

Analyst Ratings

The average analyst rating for Manycore Tech stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingMay '26
Strong Buy1
Buy0
Hold1
Sell0
Strong Sell0
Total2

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
J.P. Morgan
No rating
J.P. Morgan
Hold
Maintains
$19.00
HoldMaintains$19.00+30.14%May 27, 2026
Unknown Analyst
Guotai Haitong
No rating
Guotai Haitong
Buy
Maintains
$24.90
BuyMaintains$24.90+70.55%May 23, 2026

Financial Forecast

Revenue This Year
926.92M
from 819.99M
Increased by 13.04%
Revenue Next Year
1.08B
from 926.92M
Increased by 16.08%
EPS This Year
0.06
EPS Next Year
0.09
from 0.06
Increased by 47.60%
Fiscal YearFY 2019FY 2020FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2019Dec 31, 2020Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
282.30M353.42M663.54M754.83M819.99M926.92M
Revenue Growth
-25.20%87.75%13.76%8.63%13.04%
Gross Profit
194.29M238.75M509.31M610.76M674.29M765.64M
Gross Margin
68.83%67.55%76.76%80.91%82.23%82.60%
Operating Income
-273.84M-309.48M-317.48M-137.57M14.47M55.55M
Net Income
-260.56M-296.61M-646.10M-513.47M-427.91M61.77M
EPS
-----0.06
Forward PE
-----204.29
Free Cash Flow
--84.79M-408.28M358.95M51.00M
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202620272028
High941.0M
Avg926.9M
Low912.8M

Revenue Growth

Revenue Growth202620272028
High
14.8%
Avg
13.0%
Low
11.3%

EPS Forecast

EPS202620272028
High-
Avg0.06
Low-

EPS Growth

EPS Growth20272028
High-
Avg
47.6%
Low-