HKG:3969 Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, HKG:3969 stock has a consensus rating of "Strong Buy" and an average price target of $4.18. The average 1-year stock price forecast is 25.53% higher than the current stock price, while the lowest is $3.68 (+10.51%) and the highest is $4.59 (+37.84%).

Price Target: $4.18 (+25.53%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$3.68	$4.18	$4.26	$4.59
Change	+10.51%	+25.53%	+27.93%	+37.84%

* Price targets were last updated on Mar 25, 2026.

Analyst Ratings

The average analyst rating for HKG:3969 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	Aug '25	Sep '25	Nov '25	Dec '25	Mar '26	Apr '26
Strong Buy	5	5	5	4	4	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	5	5	5	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Citi No rating	Citi	Buy Maintains $4.50	Buy	Maintains	$4.50	+35.14%	Mar 25, 2026

Financial Forecast

Revenue This Year

36.29B

from 34.55B

5.02%

from 34.55B

Revenue Next Year

37.82B

from 36.29B

4.23%

from 36.29B

EPS This Year

0.38

from -

EPS Next Year

n/a

from 0.38

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	38.36B	40.20B	37.00B	32.47B	34.55B	36.29B
Revenue Growth	-4.40%	4.81%	-7.96%	-12.24%	6.41%	5.02%
Gross Profit	8.51B	9.52B	9.48B	9.49B	9.98B	10.53B
Gross Margin	22.19%	23.69%	25.62%	29.22%	28.88%	29.02%
Operating Income	3.71B	4.04B	3.93B	3.76B	4.05B	5.10B
Net Income	3.27B	3.63B	3.48B	3.49B	3.69B	3.86B
EPS	-	-	-	-	-	0.38
Forward PE	5.96	6.37	6.08	8.54	8.41	7.57
Dividend / Share	0.17	0.17	0.17	0.17	0.17	0.19
Dividend Growth	-	-	-	-	-	14.65%
Free Cash Flow	1.10B	1.93B	2.37B	3.16B	-2.32B	1.86B
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2026	2027	2028
High	36.3B
Avg	36.3B
Low	36.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	5.2%
Avg	5.0%
Low	4.9%

EPS Forecast

EPS	2026	2027	2028
High	0.38
Avg	0.38
Low	0.38

EPS Growth

EPS Growth	2026	2027	2028
High	7.1%
Avg	7.1%
Low	7.1%