SHA:600029 Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, SHA:600029 stock has a consensus rating of "Buy" and an average price target of ¥6.17. The average 1-year stock price forecast is 20.74% higher than the current stock price, while the lowest is ¥4.00 (-21.72%) and the highest is ¥7.80 (+52.64%).

Price Target: ¥6.17 (+20.74%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥4.00	¥6.17	¥6.50	¥7.80
Change	-21.72%	+20.74%	+27.20%	+52.64%

Analyst Ratings

The average analyst rating for SHA:600029 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	5	5	5	3	3	3
Buy	3	4	4	4	4	4
Hold	5	4	4	4	4	5
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	1	0
Total	15	15	15	13	13	13

Financial Forecast

Revenue This Year

198.00B

from 182.26B

8.64%

from 182.26B

Revenue Next Year

206.59B

from 198.00B

4.34%

from 198.00B

EPS This Year

-0.23

from 0.01

EPS Next Year

0.22

from -0.23

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	101.64B	87.06B	159.93B	174.22B	182.26B	198.00B
Revenue Growth	9.81%	-14.35%	83.70%	8.94%	4.61%	8.64%
Gross Profit	-2.62B	-18.94B	12.34B	14.65B	18.47B	19.72B
Gross Margin	-2.58%	-21.75%	7.72%	8.41%	10.13%	9.96%
Operating Income	-8.62B	-24.33B	3.82B	5.48B	8.77B	-2.60B
Net Income	-12.10B	-32.68B	-4.21B	-1.70B	857.00M	-4.45B
EPS	-	-	-	-	0.01	-0.23
Free Cash Flow	-7.40B	-992.38M	22.58B	9.49B	14.35B	13.68B
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	211.8B
Avg	198.0B
Low	188.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	16.2%
Avg	8.6%
Low	3.4%

EPS Forecast

EPS	2026	2027	2028
High	-0.23
Avg	-0.23
Low	-0.23

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-