Qifu Technology Inc. (QFIN)
NASDAQ: QFIN · IEX Real-Time Price · USD
18.87
+0.14 (0.75%)
At close: Apr 25, 2024, 4:00 PM
19.26
+0.39 (2.07%)
After-hours: Apr 25, 2024, 7:41 PM EDT
Qifu Technology Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Qifu Technology stock have an average target of 24.15, with a low estimate of 23.8 and a high estimate of 24.5. The average target predicts an increase of 27.98% from the current stock price of 18.87.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
The average analyst rating for QFIN stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $24 → $24 | Strong Buy | Maintains | $24 → $24 | +26.13% | Mar 14, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $25 | Strong Buy | Initiates | $25 | +29.84% | Jul 6, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $27 → $25 | Strong Buy | Maintains | $27 → $25 | +34.55% | 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
17.08B
from 16.29B
Increased by 4.86%
Revenue Next Year
17.62B
from 17.08B
Increased by 3.17%
EPS This Year
32.01
from 26.08
Increased by 22.75%
EPS Next Year
36.57
from 32.01
Increased by 14.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.3B | 19.9B | 21.5B |
| Avg | 17.1B | 17.6B | 19.2B |
| Low | 16.0B | 13.8B | 15.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.4% | 16.8% | 21.9% |
| Avg | 4.9% | 3.2% | 8.8% |
| Low | -2.0% | -19.1% | -12.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.14 | 41.77 | 47.73 |
| Avg | 32.01 | 36.57 | 37.07 |
| Low | 28.71 | 31.81 | 11.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 34.8% | 30.5% | 30.5% |
| Avg | 22.7% | 14.2% | 1.4% |
| Low | 10.1% | -0.6% | -69.2% |
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.