OneConnect Financial Technology Co., Ltd. (OCFT)
NYSE: OCFT · IEX Real-Time Price · USD
1.580
-0.040 (-2.47%)
Jul 2, 2024, 4:00 PM EDT - Market closed
OCFT Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for OCFT stock has a target of 7.00, which predicts an increase of 343.04% from the current stock price of 1.58.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 19, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for OCFT 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $6.98 → $7 | Strong Buy | Maintains | $6.98 → $7 | +343.04% | Mar 19, 2024 |
| HSBC | HSBC | Hold Initiates $15 → $12 | Hold | Initiates | $15 → $12 | +659.49% | Aug 18, 2022 |
| HSBC | HSBC | Strong Buy → Hold Downgrades $15 | Strong Buy → Hold | Downgrades | $15 | +849.37% | Feb 24, 2022 |
| Keybanc | Keybanc | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Aug 5, 2021 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Aug 4, 2021 |
Financial Forecast
Revenue This Year
3.33B
from 3.67B
Decreased by -9.12%
Revenue Next Year
3.45B
from 3.33B
Increased by 3.57%
EPS This Year
-4.03
from -9.90
EPS Next Year
-1.12
from -4.03
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.2B | 4.7B | 5.0B |
| Avg | 3.3B | 3.5B | 3.6B |
| Low | 2.7B | 2.7B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.4% | 41.0% | 44.7% |
| Avg | -9.1% | 3.6% | 5.6% |
| Low | -25.4% | -18.3% | -15.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.26 | -1.15 | 4.72 |
| Avg | -4.03 | -1.12 | 2.93 |
| Low | -6.58 | -1.08 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.