Shanghai REFIRE Group Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Shanghai REFIRE Group stock has a consensus rating of "Strong Buy" and an average price target of $84.96. The average 1-year stock price forecast is 217.49% higher than the current stock price, while the lowest is $81.66 (+205.16%) and the highest is $86.88 (+224.66%).

Price Target: $84.96 (+217.49%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$81.66	$84.96	$86.33	$86.88
Change	+205.16%	+217.49%	+222.61%	+224.66%

* Price targets were last updated on Mar 30, 2026.

Analyst Ratings

The average analyst rating for Shanghai REFIRE Group stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	May '26
Strong Buy	1	1	1	2	2
Buy	0	1	1	1	1
Hold	0	0	0	0	0
Sell	0	0	0	0	0
Strong Sell	0	0	0	0	0
Total	1	2	2	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Exane BNP Paribas No rating	Exane BNP Paribas	Buy Maintains $86.00	Buy	Maintains	$86.00	+221.38%	Mar 30, 2026
Ji Shi CMB International Securities	CMB International Securities	Buy Initiates $80.00	Buy	Initiates	$80.00	+198.95%	Mar 5, 2026
Unknown Analyst CICC No rating	CICC	Buy Maintains $84.63	Buy	Maintains	$84.63	+216.26%	Dec 13, 2025

Financial Forecast

Revenue This Year

837.00M

from 595.19M

40.63%

from 595.19M

Revenue Next Year

1.57B

from 837.00M

87.10%

from 837.00M

EPS This Year

-4.71

from -6.95

EPS Next Year

-2.26

from -4.71

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	524.11M	604.65M	895.28M	648.78M	595.19M	837.00M
Revenue Growth	-14.46%	15.37%	48.07%	-27.53%	-8.26%	40.63%
Gross Profit	61.79M	49.82M	179.62M	111.77M	68.70M	174.51M
Gross Margin	11.79%	8.24%	20.06%	17.23%	11.54%	20.85%
Operating Income	-477.81M	-494.39M	-579.73M	-771.87M	-609.57M	-341.60M
Net Income	-572.80M	-505.97M	-529.47M	-737.30M	-602.83M	-397.00M
EPS	-	-	-	-	-6.95	-4.71
Free Cash Flow	-315.47M	-710.70M	-580.69M	-351.52M	-283.68M	-518.00M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue	2026	2027	2028
High	982.0M
Avg	837.0M
Low	749.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	65.0%
Avg	40.6%
Low	25.8%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-4.71
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-