Nine Dragons Paper (Holdings) Limited (HKG:2689)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
4.725
+0.110 (2.38%)
Oct 23, 2026, 4:08 PM HKT

HKG:2689 Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, HKG:2689 stock has a consensus rating of "Buy" and an average price target of $8.70. The average 1-year stock price forecast is 84.02% higher than the current stock price, while the lowest is $4.93 (+4.25%) and the highest is $11.90 (+151.85%).

Price Target: $8.70 (+84.02%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$4.93$8.70$8.55$11.90
Change+4.25%+84.02%+80.93%+151.85%

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

Chart
RatingApr '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy777777
Buy000000
Hold233333
Sell000000
Strong Sell111111
Total101111111111

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Citi
No rating
Citi
Hold
Maintains
$8.80 → $5.80
HoldMaintains$8.80 → $5.80+22.75%Oct 7, 2026
Goldman Sachs
Goldman Sachs
Sell
Maintains
$4.30 → $4.90
SellMaintains$4.30 → $4.90+3.70%Oct 2, 2026
Unknown Analyst
Guotai Haitong
No rating
Guotai Haitong
Buy
Maintains
$9.64 → $9.00
BuyMaintains$9.64 → $9.00+90.48%Oct 1, 2026
Unknown Analyst
CICC
No rating
CICC
Buy
Maintains
$10.00
BuyMaintains$10.00+111.64%Sep 27, 2026
Unknown Analyst
Huatai Securities
No rating
Huatai Securities
Buy
Maintains
$11.40
BuyMaintains$11.40+141.27%Sep 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
77.38B
from 75.00B
Increased by 3.17%
Revenue Next Year
79.47B
from 77.38B
Increased by 2.70%
EPS This Year
0.84
from 0.80
Increased by 5.39%
EPS Next Year
0.90
from 0.84
Increased by 7.79%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
64.54B56.74B59.50B63.24B75.00B77.38B
Revenue Growth
4.81%-12.08%4.86%6.29%18.60%3.17%
Gross Profit
6.99B1.53B5.71B7.25B10.92B11.69B
Gross Margin
10.83%2.70%9.60%11.46%14.57%15.11%
Operating Income
3.72B-1.74B2.76B3.96B6.58B6.38B
Net Income
3.28B-2.38B772.35M2.17B3.96B4.25B
EPS
----0.800.84
EPS Growth
----128.74%5.39%
Forward PE
4.827.267.498.236.734.79
Dividend / Share
0.10---0.100.14
Dividend Growth
-76.74%----36.26%
Free Cash Flow
-----1.48B
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202720282029
High81.4B
Avg77.4B
Low75.5B

Revenue Growth

Revenue Growth202720282029
High
8.5%
Avg
3.2%
Low
0.6%

EPS Forecast

EPS202720282029
High0.91
Avg0.84
Low0.77

EPS Growth

EPS Growth202720282029
High
14.3%
Avg
5.4%
Low
-3.5%