Qifu Technology, Inc. (QFIN)
NASDAQ: QFIN · Real-Time Price · USD
29.58
+1.72 (6.17%)
At close: Sep 27, 2024, 4:00 PM
29.70
+0.12 (0.41%)
After-hours: Sep 27, 2024, 7:57 PM EDT
Qifu Technology Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Qifu Technology stock has a target of 23.8, which predicts a decrease of -19.54% from the current stock price of 29.58.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for QFIN is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| 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 | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $24 → $24 | Strong Buy | Maintains | $24 → $24 | -19.54% | Mar 14, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $25 | Strong Buy | Initiates | $25 | -17.17% | Jul 6, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $27 → $25 | Strong Buy | Maintains | $27 → $25 | -14.16% | May 26, 2022 |
| Morgan Stanley | Morgan Stanley | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Apr 24, 2020 |
| Citigroup | Citigroup | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Jan 18, 2019 |
Financial Forecast
Revenue This Year
16.96B
from 16.29B
Increased by 4.14%
Revenue Next Year
17.53B
from 16.96B
Increased by 3.31%
EPS This Year
37.49
from 26.08
Increased by 43.76%
EPS Next Year
40.14
from 37.49
Increased by 7.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.1B | 19.9B | 21.5B | ||
| Avg | 17.0B | 17.5B | 18.8B | ||
| Low | 16.0B | 15.4B | 15.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.8% | 17.4% | 22.8% | ||
| Avg | 4.1% | 3.3% | 7.3% | ||
| Low | -2.0% | -9.2% | -9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 40.15 | 46.58 | 56.23 |
| Avg | 37.49 | 40.14 | 46.01 |
| Low | 34.98 | 35.53 | 37.53 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 54.0% | 24.2% | 40.1% |
| Avg | 43.8% | 7.1% | 14.6% |
| Low | 34.1% | -5.2% | -6.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.