PATEO CONNECT Technology (Shanghai) Corporation (HKG:2889)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
129.90
+4.30 (3.42%)
Jul 24, 2026, 4:08 PM HKT

HKG:2889 Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, HKG:2889 stock has a consensus rating of "Strong Buy" and an average price target of $266.34. The average 1-year stock price forecast is 105.03% higher than the current stock price, while the lowest is $198.83 (+53.06%) and the highest is $350.54 (+169.85%).

Price Target: $266.34 (+105.03%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$198.83$266.34$258.00$350.54
Change+53.06%+105.03%+98.61%+169.85%

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

Chart
RatingJan '26Feb '26Mar '26Apr '26Jun '26Jul '26
Strong Buy223334
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total223334

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
UOB Kay Hian
No rating
UOB Kay Hian
Buy
Maintains
$350.00
BuyMaintains$350.00+169.44%Jul 15, 2026
Unknown Analyst
Guotai Haitong
No rating
Guotai Haitong
Buy
Maintains
$333.14
BuyMaintains$333.14+156.46%May 28, 2026
Unknown Analyst
Huatai Securities
No rating
Huatai Securities
Buy
Maintains
$286.67$196.98
BuyMaintains$286.67$196.98+51.64%Apr 10, 2026
CMB International Securities
CMB International Securities
Buy
Initiates
$200.00
BuyInitiates$200.00+53.96%Mar 27, 2026

Financial Forecast

Revenue This Year
6.02B
from 3.51B
Increased by 71.59%
Revenue Next Year
8.69B
from 6.02B
Increased by 44.34%
EPS This Year
-0.89
from -1.69
EPS Next Year
1.64
from -0.89
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.22B1.50B2.56B3.51B6.02B
Revenue Growth
-22.83%70.94%37.26%71.59%
Gross Profit
171.12M231.09M301.00M434.19M819.96M
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-293.93M
EPS
----1.69-0.89
No. Analysts
----4
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CNY.

Revenue Forecast

Revenue202620272028
High7.0B
Avg6.0B
Low5.5B

Revenue Growth

Revenue Growth202620272028
High
99.6%
Avg
71.6%
Low
56.8%

EPS Forecast

EPS202620272028
High-0.16
Avg-0.89
Low-1.63

EPS Growth

EPS Growth202620272028
High-
Avg-
Low-