NASDAQ:NAAS

NaaS Technology (NAAS) Stock Price, News & Analysis

$0.88
+0.01 (+1.15%)
(As of 05/8/2024 ET)
Today's Range
$0.83
$0.90
50-Day Range
$0.86
$1.53
52-Week Range
$0.78
$8.39
Volume
472,839 shs
Average Volume
1.12 million shs
Market Capitalization
$226.67 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.50

NaaS Technology MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
411.4% Upside
$4.50 Price Target
Short Interest
Healthy
1.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of NaaS Technology in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.95 out of 5 stars

Computer And Technology Sector

423rd out of 592 stocks

Retail Stores, Not Elsewhere Classified Industry

8th out of 13 stocks

NAAS stock logo

About NaaS Technology Stock (NASDAQ:NAAS)

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers online EV charging solutions, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers' management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users. The company is headquartered in Huzhou, China.

NAAS Stock Price History

NAAS Stock News Headlines

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Fragrance and a Watch Strap
MEF Honors NaaS Innovation and Collaboration
NaaS Technology expands Beijing EV charging network
See More Headlines
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Company Calendar

Last Earnings
3/28/2024
Today
5/09/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:NAAS
Employees
311
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.50
High Stock Price Target
$4.50
Low Stock Price Target
$4.50
Potential Upside/Downside
+411.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-184,070,000.00
Net Margins
-409.83%
Pretax Margin
-407.20%

Debt

Sales & Book Value

Annual Sales
$320.08 million
Book Value
($0.03) per share

Miscellaneous

Free Float
211,212,000
Market Cap
$226.67 million
Optionable
Optionable
Beta
1.14
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NAAS Stock Analysis - Frequently Asked Questions

Should I buy or sell NaaS Technology stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NaaS Technology in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NAAS shares.
View NAAS analyst ratings
or view top-rated stocks.

What is NaaS Technology's stock price target for 2024?

1 Wall Street analysts have issued 1-year target prices for NaaS Technology's stock. Their NAAS share price targets range from $4.50 to $4.50. On average, they predict the company's stock price to reach $4.50 in the next year. This suggests a possible upside of 411.4% from the stock's current price.
View analysts price targets for NAAS
or view top-rated stocks among Wall Street analysts.

How have NAAS shares performed in 2024?

NaaS Technology's stock was trading at $1.52 at the beginning of 2024. Since then, NAAS shares have decreased by 42.1% and is now trading at $0.88.
View the best growth stocks for 2024 here
.

Are investors shorting NaaS Technology?

NaaS Technology saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 995,100 shares, a drop of 27.9% from the March 31st total of 1,380,000 shares. Based on an average trading volume of 1,230,000 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.2% of the shares of the company are sold short.
View NaaS Technology's Short Interest
.

When is NaaS Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our NAAS earnings forecast
.

How were NaaS Technology's earnings last quarter?

NaaS Technology Inc. (NASDAQ:NAAS) released its quarterly earnings data on Thursday, March, 28th. The company reported ($0.19) EPS for the quarter. The company earned $9.06 million during the quarter. NaaS Technology had a negative trailing twelve-month return on equity of 341.51% and a negative net margin of 409.83%.

How do I buy shares of NaaS Technology?

Shares of NAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NAAS) was last updated on 5/9/2024 by MarketBeat.com Staff

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