NASDAQ:OCFT OneConnect Financial Technology Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding OneConnect Financial Technology Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $20.57 -0.05 (-0.24 %) (As of 09/28/2020 12:37 AM ET) Add Compare Share Today's Range$19.78Now: $20.57▼$20.7350-Day Range$18.35MA: $20.74▼$24.7652-Week Range$9.02Now: $20.57▼$28.80Volume449,700 shsAverage Volume551,374 shsMarket Capitalization$7.52 billionP/E RatioN/ADividend YieldN/ABetaN/A ProfileAnalyst RatingsChartCompetitorsEarningsInstitutional OwnershipHeadlinesSocial Media OneConnect Financial Technology Co., Ltd. operates as a technology-as-a-service platform for financial institutions in the People's Republic of China. The company provides cloud-platform-based Fintech solutions, and online information and operating support services. It offers digital retail banking, small and medium enterprises (SME) financing and services, retail and SME banking risk-management, auto insurance operations and services, asset management, asset-liability management, artificial intelligence customer service, core systems, and insurance sales management solutions. The company also operates Regtech, an end-to-end regulatory solution to help regulatory authorities automate and digitalize their operations; Gamma O, an open API platform-as-a-service for reusable financial technology components and integrations; and Blockchain network-as-a-service. In addition, it provides technology infrastructure, such as data management and cloud services. The company serves customers in the financial services industry, including banking, insurance, and asset management. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, China. OneConnect Financial Technology Co., Ltd. operates as a subsidiary of Sen Rong Limited.Read More Beat the Market (BTM) Rank™ 1.3 Analyst's Opinion Consensus RatingOneConnect Financial Technology has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.86, OneConnect Financial Technology has a forecasted downside of 3.5% from its current price of $20.57.Amount of Analyst CoverageOneConnect Financial Technology has only been the subject of 2 research reports in the past 90 days. Previous Next 3.3 Community Rank Outperform VotesOneConnect Financial Technology has received 22 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOneConnect Financial Technology has received 11 “underperform” votes. (Add your “underperform” vote.)Community SentimentOneConnect Financial Technology has received 66.67% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about OneConnect Financial Technology and other stocks. Vote “Outperform” if you believe OCFT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OCFT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldOneConnect Financial Technology does not currently pay a dividend.Dividend GrowthOneConnect Financial Technology does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OneConnect Financial Technology insiders have not sold or bought any company stock. Previous Next 0.0 Earnings and Valuation Previous Next Analyst Opinion: 1.3Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.92 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Software—Application Sub-IndustryN/A SectorN/A Current SymbolNASDAQ:OCFT Previous Symbol CUSIPN/A CIKN/A Webwww.oneconnectft.com Phone86 21 2066 0625Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/APrice-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AProfitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees3,631 Outstanding Shares365,773,000Market Cap$7.52 billion Next Earnings DateN/A OptionableNot Optionable $20.57 -0.05 (-0.24 %) (As of 09/28/2020 12:37 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive OCFT News and Ratings via Email Sign-up to receive the latest news and ratings for OCFT and its competitors with MarketBeat's FREE daily newsletter. OneConnect Financial Technology (NASDAQ:OCFT) Frequently Asked Questions How has OneConnect Financial Technology's stock price been impacted by COVID-19? OneConnect Financial Technology's stock was trading at $11.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, OCFT shares have increased by 83.2% and is now trading at $20.57. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of OneConnect Financial Technology? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OneConnect Financial Technology in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for OneConnect Financial Technology. How were OneConnect Financial Technology's earnings last quarter? OneConnect Financial Technology Co. (NASDAQ:OCFT) announced its earnings results on Tuesday, August, 4th. The company reported $0.31 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.15) by $0.46. The business had revenue of $109.27 million for the quarter, compared to the consensus estimate of $111.66 million. View OneConnect Financial Technology's earnings history. What price target have analysts set for OCFT? 5 Wall Street analysts have issued 1-year target prices for OneConnect Financial Technology's shares. Their forecasts range from $13.30 to $28.00. On average, they anticipate OneConnect Financial Technology's share price to reach $19.86 in the next year. This suggests that the stock has a possible downside of 3.5%. View analysts' price targets for OneConnect Financial Technology. Who are some of OneConnect Financial Technology's key competitors? Some companies that are related to OneConnect Financial Technology include Bill.com (KC), Sprout Social (SPT), Nkarta (QH), DermTech (KLDI), Intellicheck (IDN), Eagle Eye Solutions Group (EYE), EVR (DEV), IQGeo Group (IQG), Creative Realities (CREX), Photoelectron (PALT), Identillect Technologies (ID), Abal Group (ABAL), 9 Spokes International (9SP), Advant-e (ADVC) and Advant-e (ADVC). View all competitors. What other stocks do shareholders of OneConnect Financial Technology own? Based on aggregate information from My MarketBeat watchlists, some companies that other OneConnect Financial Technology investors own include Alibaba Group (BABA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Roku (ROKU), Tesla (TSLA), Crowdstrike (CRWD), Fastly (FSLY), Mastercard (MA), Square (SQ) and Teladoc Health (TDOC). Who are OneConnect Financial Technology's key executives? OneConnect Financial Technology's management team includes the following people: Mr. Wangchun Ye, Chairman & CEO (Age 65)Mr. Lo Wei Jye, Chief Financial Officer (Age 43)Patricia Cheng, Investor Relations OfficerMs. Rong Chen, Co-GM & Director (Age 52)Mr. Yuxiang Huang, Exec. VP (Age 56) When did OneConnect Financial Technology IPO? (OCFT) raised $468 million in an initial public offering (IPO) on Friday, December 13th 2019. The company issued 36,000,000 shares at $12.00-$14.00 per share. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan and Ping An of China Securities (Hong Kong) acted as the underwriters for the IPO and BofA Securities, HSBC, CLSA and KeyBanc Capital Markets were co-managers. What is OneConnect Financial Technology's stock symbol? OneConnect Financial Technology trades on the NASDAQ under the ticker symbol "OCFT." Who are OneConnect Financial Technology's major shareholders? OneConnect Financial Technology's stock is owned by many different institutional and retail investors. Top institutional shareholders include LA Financiere DE L Echiquier (0.21%), Bank of New York Mellon Corp (0.21%), Krane Funds Advisors LLC (0.17%), Principal Financial Group Inc. (0.15%), Principal Financial Group Inc. (0.15%) and SG Americas Securities LLC (0.14%). Which major investors are buying OneConnect Financial Technology stock? OCFT stock was acquired by a variety of institutional investors in the last quarter, including Krane Funds Advisors LLC, Principal Financial Group Inc., Principal Financial Group Inc., SG Americas Securities LLC, LA Financiere DE L Echiquier, Bank of New York Mellon Corp, Seafarer Capital Partners LLC, and California Public Employees Retirement System. How do I buy shares of OneConnect Financial Technology? Shares of OCFT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is OneConnect Financial Technology's stock price today? One share of OCFT stock can currently be purchased for approximately $20.57. How big of a company is OneConnect Financial Technology? OneConnect Financial Technology has a market capitalization of $7.52 billion. OneConnect Financial Technology employs 3,631 workers across the globe. What is OneConnect Financial Technology's official website? The official website for OneConnect Financial Technology is www.oneconnectft.com. How can I contact OneConnect Financial Technology? The company can be reached via phone at 86 21 2066 0625. 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