HKG:2589 Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, HKG:2589 stock has a consensus rating of "Buy" and an average price target of $88.35. The average 1-year stock price forecast is 37.34% lower than the current stock price, while the lowest is $75.70 (-46.31%) and the highest is $101.00 (-28.37%).

Price Target: $88.35 (-37.34%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$75.70	$88.35	$88.35	$101.00
Change	-46.31%	-37.34%	-37.34%	-28.37%

* Price targets were last updated on Apr 3, 2026.

Analyst Ratings

The average analyst rating for HKG:2589 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Jan '26	Mar '26	Apr '26
Strong Buy	1	2	3	2
Buy	0	0	0	0
Hold	0	0	0	1
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	1	2	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Guotai Haitong No rating	Guotai Haitong	Buy Maintains $105.00 → $100.81	Buy	Maintains	$105.00 → $100.81	-28.50%	Apr 3, 2026
Unknown Analyst GF Securities No rating	GF Securities	Buy Maintains $121.32 → $108.28	Buy	Maintains	$121.32 → $108.28	-23.21%	Mar 27, 2026

Financial Forecast

Revenue This Year

5.15B

from 4.47B

15.26%

from 4.47B

Revenue Next Year

5.93B

from 5.15B

15.15%

from 5.15B

EPS This Year

6.94

from 6.22

11.68%

from 6.22

EPS Next Year

8.05

from 6.94

15.93%

from 6.94

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.20B	3.35B	3.28B	4.47B	5.15B
Revenue Growth	-	52.26%	-1.90%	35.96%	15.26%
Gross Profit	586.28M	1.02B	1.03B	1.41B	1.61B
Gross Margin	26.66%	30.46%	31.28%	31.48%	31.27%
Operating Income	181.32M	452.72M	406.45M	642.23M	760.75M
Net Income	149.47M	387.90M	328.93M	501.32M	582.23M
EPS	-	-	-	6.22	6.94
EPS Growth	-	-	-	-	11.68%
Forward PE	-	-	-	13.63	17.55
Dividend / Share	-	-	-	1.68	2.99
Free Cash Flow	-	490.05M	238.60M	799.16M	640.00M
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	5.3B
Avg	5.1B
Low	5.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	17.8%
Avg	15.3%
Low	12.4%

EPS Forecast

EPS	2026	2027	2028
High	7.01
Avg	6.94
Low	6.88

EPS Growth

EPS Growth	2026	2027	2028
High	12.7%
Avg	11.7%
Low	10.6%