Qifu Technology, Inc. (QFIN)
NASDAQ: QFIN · Real-Time Price · USD
38.25
+0.34 (0.90%)
Dec 20, 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 37.5, which predicts a decrease of -1.96% from the current stock price of 38.25.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 21, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 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 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $31 → $38 | Strong Buy | Maintains | $31 → $38 | -1.96% | Nov 21, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $24 → $24 | Strong Buy | Maintains | $24 → $24 | -37.78% | Mar 14, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $25 | Strong Buy | Initiates | $25 | -35.95% | Jul 6, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $27 → $25 | Strong Buy | Maintains | $27 → $25 | -33.62% | May 26, 2022 |
| Morgan Stanley | Morgan Stanley | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Apr 24, 2020 |
Financial Forecast
Revenue This Year
17.31B
from 16.29B
Increased by 6.26%
Revenue Next Year
18.00B
from 17.31B
Increased by 3.96%
EPS This Year
42.20
from 26.08
Increased by 61.80%
EPS Next Year
47.95
from 42.20
Increased by 13.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.9B | 19.5B | 20.0B | ||
| Avg | 17.3B | 18.0B | 18.8B | ||
| Low | 16.4B | 16.7B | 17.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.1% | 12.6% | 11.0% | ||
| Avg | 6.3% | 4.0% | 4.7% | ||
| Low | 0.6% | -3.8% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 44.87 | 53.48 | 64.86 |
| Avg | 42.20 | 47.95 | 55.86 |
| Low | 38.94 | 43.26 | 50.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 72.0% | 26.7% | 35.3% |
| Avg | 61.8% | 13.6% | 16.5% |
| Low | 49.3% | 2.5% | 4.5% |
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.