Qifu Technology, Inc. (QFIN)
NASDAQ: QFIN · Real-Time Price · USD
30.74
+1.37 (4.66%)
Nov 15, 2024, 4:00 PM EST - Market closed

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 -22.58% from the current stock price of 30.74.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $23.8 $23.8 $23.8 $23.8
Change -22.58% -22.58% -22.58% -22.58%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222221
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 222221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$24$24
Strong Buy Maintains $24$24 -22.58% Mar 14, 2024
B of A Securities
B of A Securities
Strong Buy
Initiates
$25
Strong Buy Initiates $25 -20.30% Jul 6, 2023
Citigroup
Citigroup
Strong Buy
Maintains
$27$25
Strong Buy Maintains $27$25 -17.40% 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
More Analyst Ratings

Financial Forecast

Revenue This Year
16.97B
from 16.29B
Increased by 4.15%
Revenue Next Year
17.71B
from 16.97B
Increased by 4.39%
EPS This Year
37.67
from 26.08
Increased by 44.45%
EPS Next Year
41.38
from 37.67
Increased by 9.85%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
9.22B13.56B16.64B16.55B16.29B16.97B17.71B19.26B
Revenue Growth
107.33%47.12%22.65%-0.49%-1.59%4.15%4.39%8.76%
EPS
16.6222.8035.9825.0026.0837.6741.3847.94
EPS Growth
-37.18%57.81%-30.52%4.32%44.45%9.85%15.85%
Forward PE
-----5.905.374.64
No. Analysts -----131310
Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 18.1B 19.9B 21.5B
Avg 17.0B 17.7B 19.3B
Low 16.0B 16.4B 17.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.8%
17.3%
21.5%
Avg
4.1%
4.4%
8.8%
Low
-2.0%
-3.6%
-2.0%

EPS Forecast

EPS 202420252026
High 40.14 46.58 56.23
Avg 37.67 41.38 47.94
Low 34.98 35.53 39.81

EPS Growth

EPS Growth 202420252026
High
53.9%
23.6%
35.9%
Avg
44.4%
9.8%
15.9%
Low
34.1%
-5.7%
-3.8%
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.