Nine Dragons Paper (Holdings) Limited (HKG:2689)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
6.85
-0.19 (-2.70%)
Jun 18, 2026, 4:08 PM HKT

HKG:2689 Stock Forecast

Stock Price Forecast

According to 10 analysts polled by S&P Global, HKG:2689 stock has a consensus rating of "Buy" and an average price target of $9.07. The average 1-year stock price forecast is 32.41% higher than the current stock price, while the lowest is $4.30 (-37.23%) and the highest is $12.20 (+78.10%).

Price Target: $9.07 (+32.41%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$4.30$9.07$8.93$12.20
Change-37.23%+32.41%+30.36%+78.10%
* Price targets were last updated on Mar 22, 2026.

Analyst Ratings

The average analyst rating for HKG:2689 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingNov '25Jan '26Feb '26Mar '26Apr '26Jun '26
Strong Buy767777
Buy000000
Hold333322
Sell000000
Strong Sell111111
Total111011111010

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
UBS
No rating
UBS
Buy
Maintains
$10.50$10.80
BuyMaintains$10.50$10.80+57.66%Mar 22, 2026
Unknown Analyst
Citic Securities
No rating
Citic Securities
Buy
Maintains
$8.30$9.10
BuyMaintains$8.30$9.10+32.85%Mar 9, 2026
Unknown Analyst
Huatai Securities
No rating
Huatai Securities
Buy
Maintains
$11.40
BuyMaintains$11.40+66.42%Mar 6, 2026
Citi
Citi
Hold
Maintains
$8.80
HoldMaintains$8.80+28.47%Mar 3, 2026
Unknown Analyst
GF Securities
No rating
GF Securities
Buy
Maintains
$9.87
BuyMaintains$9.87+44.09%Mar 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
72.37B
from 63.24B
Increased by 14.43%
Revenue Next Year
76.78B
from 72.37B
Increased by 6.10%
EPS This Year
0.76
from 0.35
Increased by 119.56%
EPS Next Year
0.85
from 0.76
Increased by 10.86%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
61.57B64.54B56.74B59.50B63.24B72.37B
Revenue Growth
19.93%4.81%-12.08%4.86%6.29%14.43%
Gross Profit
11.69B6.99B1.53B5.71B7.25B10.43B
Gross Margin
18.99%10.83%2.70%9.60%11.46%14.41%
Operating Income
8.61B3.72B-1.74B2.76B3.96B5.93B
Net Income
7.10B3.28B-2.38B772.35M2.17B3.56B
EPS
----0.350.76
EPS Growth
----112.58%119.56%
Forward PE
5.904.827.267.498.237.74
Dividend / Share
0.430.10---0.07
Free Cash Flow
-5.35B-8.57B-8.23B-13.39B-7.30B-5.41B
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202620272028
High78.1B
Avg72.4B
Low68.1B

Revenue Growth

Revenue Growth202620272028
High
23.4%
Avg
14.4%
Low
7.7%

EPS Forecast

EPS202620272028
High0.85
Avg0.76
Low0.68

EPS Growth

EPS Growth202620272028
High
144.3%
Avg
119.6%
Low
94.9%