360 DigiTech Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for 360 DigiTech in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" 360 DigiTech stock.
View analyst ratings for 360 DigiTech or view top-rated stocks.

Wall Street analysts have given 360 DigiTech a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but 360 DigiTech wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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360 DigiTech saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 4,010,000 shares, an increase of 69.9% from the June 30th total of 2,360,000 shares. Based on an average trading volume of 3,650,000 shares, the short-interest ratio is currently 1.1 days. Approximately 3.7% of the company's stock are sold short.
View 360 DigiTech's Short Interest.

360 DigiTech is scheduled to release its next quarterly earnings announcement on Monday, August 23rd 2021.
View our earnings forecast for 360 DigiTech.

360 DigiTech, Inc. (NASDAQ:QFIN) issued its quarterly earnings results on Wednesday, May, 26th. The company reported $8.81 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $5.10 by $3.71. The company earned $549.35 million during the quarter. 360 DigiTech had a net margin of 33.47% and a trailing twelve-month return on equity of 52.31%.
View 360 DigiTech's earnings history.

360 DigiTech's stock was trading at $7.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, QFIN shares have increased by 167.5% and is now trading at $20.97.
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3 brokerages have issued 1-year price objectives for 360 DigiTech's stock. Their forecasts range from $14.00 to $60.00. On average, they expect 360 DigiTech's share price to reach $33.67 in the next year. This suggests a possible upside of 60.5% from the stock's current price.
View analysts' price targets for 360 DigiTech or view top-rated stocks among Wall Street analysts.

Some companies that are related to 360 DigiTech include Hargreaves Lansdown (HRGLY), Upstart (UPST), SBI (SBHGF), Mr. Cooper Group (COOP), Walker & Dunlop (WD), loanDepot (LDI), Green Dot (GDOT), AMTD International (HKIB), LexinFintech (LX), Sprott (SII), Blucora (BCOR), CURO Group (CURO), Oportun Financial (OPRT), Bit Digital (BTBT) and SOS (SOS).
View all of QFIN's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other 360 DigiTech investors own include Bank of America (BAC), Gilead Sciences (GILD), Enterprise Products Partners (EPD), Energy Transfer (ET), AbbVie (ABBV), Citigroup (C), DocuSign (DOCU), International Business Machines (IBM), Intel (INTC) and Johnson & Johnson (JNJ).

(QFIN) raised $54 million in an initial public offering on Friday, December 14th 2018. The company issued 3,100,000 shares at a price of $16.50-$18.50 per share. Citigroup, Haitong International, AMTD and Lighthouse Capital acted as the underwriters for the IPO and China Securities International, TF International, HeungKong Financial and North Beta Capital were co-managers.

360 DigiTech trades on the NASDAQ under the ticker symbol "QFIN."

360 DigiTech's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Panview Asian Equity Master Fund (0.15%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Alliancebernstein L.P. (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.04%), Victory Capital Management Inc. (0.03%) and E Fund Management Hong Kong Co. Ltd. (0.01%).

QFIN stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Cutler Group LP, and GWM Advisors LLC.

QFIN stock was purchased by a variety of institutional investors in the last quarter, including Panview Asian Equity Master Fund, Sumitomo Mitsui Trust Holdings Inc., Zurcher Kantonalbank Zurich Cantonalbank , Victory Capital Management Inc., E Fund Management Hong Kong Co. Ltd., Asset Management One Co. Ltd., Advisor Group Holdings Inc., and New York State Common Retirement Fund.

Shares of QFIN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of QFIN stock can currently be purchased for approximately $20.97.

360 DigiTech has a market capitalization of $3.19 billion and generates $2.08 billion in revenue each year. The company earns $535.88 million in net income (profit) each year or $3.50 on an earnings per share basis.

360 DigiTech employs 1,643 workers across the globe.

The official website for 360 DigiTech is www.360jie.com.cn.

360 DigiTech is headquartered at 7/F Lujiazui Finance Plaza No. 1217 Dongfang Road Pudong New Area, Shanghai F4, 200122.

360 DigiTech's mailing address is 7/F Lujiazui Finance Plaza No. 1217 Dongfang Road Pudong New Area, Shanghai F4, 200122. The company can be reached via phone at 862161516360.