HKG:9903 Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, HKG:9903 stock has a consensus rating of "Strong Buy" and an average price target of $621.94. The average 1-year stock price forecast is 1.28% lower than the current stock price, while the lowest is $593.26 (-5.83%) and the highest is $700.38 (+11.17%).

Price Target: $621.94 (-1.28%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$593.26	$621.94	$604.95	$700.38
Change	-5.83%	-1.28%	-3.98%	+11.17%

Analyst Ratings

The average analyst rating for HKG:9903 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	Apr '26	May '26	Jun '26
Strong Buy	2	3	3
Buy	2	2	2
Hold	0	0	0
Sell	0	0	0
Strong Sell	0	0	0
Total	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Guotai Haitong No rating	Guotai Haitong	Buy Maintains $596.70 → $588.16	Buy	Maintains	$596.70 → $588.16	-6.64%	Jun 3, 2026
Unknown Analyst CMB International Securities No rating	CMB International Securities	Buy Maintains $694.00	Buy	Maintains	$694.00	+10.16%	Apr 23, 2026
Unknown Analyst Huatai Securities No rating	Huatai Securities	Buy Maintains $600.19	Buy	Maintains	$600.19	-4.73%	Apr 20, 2026
Unknown Analyst J.P. Morgan No rating	J.P. Morgan	Buy Maintains $620.00	Buy	Maintains	$620.00	-1.59%	Apr 7, 2026

Financial Forecast

Revenue This Year

2.77B

from 1.03B

167.69%

from 1.03B

Revenue Next Year

5.90B

from 2.77B

113.15%

from 2.77B

EPS This Year

-2.51

from -

EPS Next Year

3.52

from -2.51

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	189.37M	289.04M	539.51M	1.03B	2.77B
Revenue Growth	-	52.63%	86.66%	91.58%	167.69%
Gross Profit	112.41M	143.15M	265.08M	557.99M	1.44B
Gross Margin	59.36%	49.53%	49.13%	53.99%	52.08%
Operating Income	-578.00M	-825.21M	-919.20M	-1.06B	-546.01M
Net Income	-523.84M	-791.31M	-892.43M	-1.00B	-430.74M
EPS	-	-	-	-	-2.51
Free Cash Flow	-	-785.85M	-180.00M	-1.00B	-1.21B
No. Analysts	-	-	-	-	6

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

Revenue Forecast

Revenue	2026	2027	2028
High	3.1B
Avg	2.8B
Low	2.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	196.1%
Avg	167.7%
Low	125.8%

EPS Forecast

EPS	2026	2027	2028
High	-2.25
Avg	-2.51
Low	-2.73

EPS Growth

EPS Growth	2027	2028
High	-
Avg	-
Low	-