HKG:2889 Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, HKG:2889 stock has a consensus rating of "Strong Buy" and an average price target of $238.30. The average 1-year stock price forecast is 8.42% higher than the current stock price, while the lowest is $198.85 (-9.53%) and the highest is $311.54 (+41.74%).

Price Target: $238.30 (+8.42%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$198.85	$238.30	$204.53	$311.54
Change	-9.53%	+8.42%	-6.95%	+41.74%

Analyst Ratings

The average analyst rating for HKG:2889 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	Nov '25	Jan '26	Feb '26	Mar '26	Apr '26	Jun '26
Strong Buy	1	2	2	3	3	3
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	2	2	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Guotai Haitong No rating	Guotai Haitong	Buy Maintains $333.14	Buy	Maintains	$333.14	+51.57%	May 28, 2026
Unknown Analyst Huatai Securities No rating	Huatai Securities	Buy Maintains $286.67 → $196.98	Buy	Maintains	$286.67 → $196.98	-10.38%	Apr 10, 2026
Ji Shi CMB International Securities	CMB International Securities	Buy Initiates $200.00	Buy	Initiates	$200.00	-9.01%	Mar 27, 2026

Financial Forecast

Revenue This Year

5.63B

from 3.51B

60.40%

from 3.51B

Revenue Next Year

7.74B

from 5.63B

37.57%

from 5.63B

EPS This Year

-0.16

from -1.69

EPS Next Year

1.28

from -0.16

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	1.22B	1.50B	2.56B	3.51B	5.63B
Revenue Growth	-	22.83%	70.94%	37.26%	60.40%
Gross Profit	171.12M	231.09M	301.00M	434.19M	766.46M
Gross Margin	14.05%	15.45%	11.77%	12.37%	13.62%
Operating Income	-471.44M	-395.38M	-574.78M	-1.01B	-263.00M
Net Income	-452.10M	-283.89M	-541.24M	-1.09B	-318.90M
EPS	-	-	-	-1.69	-0.16
No. Analysts	-	-	-	-	2

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

Revenue Forecast

Revenue	2026	2027	2028
High	5.8B
Avg	5.6B
Low	5.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	64.0%
Avg	60.4%
Low	56.8%

EPS Forecast

EPS	2026	2027	2028
High	-0.16
Avg	-0.16
Low	-0.16

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-