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 2.94% from the current stock price of 6.80.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.00	$7.00	$7.00	$7.00
Change	+2.94%	+2.94%	+2.94%	+2.94%

* 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	Oct '23	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24
Strong Buy	0	0	0	0	0	1
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	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
Judy Zhang Citigroup	Citigroup	Strong Buy Maintains $6.98 → $7	Strong Buy	Maintains	$6.98 → $7	+2.94%	Mar 19, 2024
Carson Lo HSBC	HSBC	Hold Initiates $15 → $12	Hold	Initiates	$15 → $12	+76.47%	Aug 18, 2022
Carson Lo HSBC	HSBC	Strong Buy → Hold Downgrades $15	Strong Buy → Hold	Downgrades	$15	+120.59%	Feb 24, 2022
Hans Chung Keybanc	Keybanc	Buy Maintains $240 → $100	Buy	Maintains	$240 → $100	+1,370.59%	Aug 5, 2021
Yang Liu Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $190 → $75	Buy → Hold	Downgrades	$190 → $75	+1,002.94%	Aug 4, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

1.71B

from 2.25B

-23.94%

from 2.25B

Revenue Next Year

1.82B

from 1.71B

6.37%

from 1.71B

EPS This Year

-1.28

from -0.42

EPS Next Year

1.75

from -1.28

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.31B	4.13B	4.46B	3.67B	2.25B	1.71B	1.82B
Revenue Growth	42.29%	24.76%	8.03%	-17.84%	-38.70%	-23.94%	6.37%
EPS	-1.27	-1.16	-0.80	-0.33	-0.42	-1.28	1.75
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	28.29
No. Analysts	-	-	-	-	-	3	3

Financial currency is CNY. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	1.8B	1.9B
Avg	1.7B	1.8B
Low	1.6B	1.7B

Revenue Growth

Revenue Growth	2025	2026
High	-21.7%	9.5%
Avg	-23.9%	6.4%
Low	-26.9%	2.2%

EPS Forecast

EPS	2025	2026
High	-1.32	1.80
Avg	-1.28	1.75
Low	-1.23	1.68

EPS Growth

EPS Growth	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.