Nine Dragons Paper (Holdings) Limited (HKG:2689)
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
* 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
| Rating | Nov '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 7 | 7 | 7 | 7 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 10 | 11 | 11 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst UBS No rating | UBS | Buy Maintains $10.50 → $10.80 | Buy | Maintains | $10.50 → $10.80 | +57.66% | Mar 22, 2026 |
Unknown Analyst Citic Securities No rating | Citic Securities | Buy Maintains $8.30 → $9.10 | Buy | Maintains | $8.30 → $9.10 | +32.85% | Mar 9, 2026 |
Unknown Analyst Huatai Securities No rating | Huatai Securities | Buy Maintains $11.40 | Buy | Maintains | $11.40 | +66.42% | Mar 6, 2026 |
| Citi | Citi | Hold Maintains $8.80 | Hold | Maintains | $8.80 | +28.47% | Mar 3, 2026 |
Unknown Analyst GF Securities No rating | GF Securities | Buy Maintains $9.87 | Buy | Maintains | $9.87 | +44.09% | Mar 1, 2026 |
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%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 78.1B | ||
| Avg | 72.4B | ||
| Low | 68.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.4% | ||
| Avg | 14.4% | ||
| Low | 7.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.85 | ||
| Avg | 0.76 | ||
| Low | 0.68 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 144.3% | ||
| Avg | 119.6% | ||
| Low | 94.9% |