360 DigiTech Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 360 DigiTech in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street 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 August. As of August 13th, there was short interest totaling 6,410,000 shares, an increase of 37.8% from the July 29th total of 4,650,000 shares. Based on an average trading volume of 4,340,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 5.8% 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 Thursday, November 18th 2021.
View our earnings forecast for 360 DigiTech.

360 DigiTech, Inc. (NASDAQ:QFIN) posted its earnings results on Wednesday, August, 18th. The company reported $10.03 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $7.52 by $2.51. The business had revenue of $619.76 million for the quarter. 360 DigiTech had a trailing twelve-month return on equity of 51.83% and a net margin of 36.45%.
View 360 DigiTech's earnings history.

360 DigiTech's stock was trading at $7.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, QFIN shares have increased by 177.3% and is now trading at $21.74.
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4 equities research analysts have issued 1 year target prices for 360 DigiTech's shares. Their forecasts range from $14.00 to $60.00. On average, they anticipate 360 DigiTech's share price to reach $31.50 in the next twelve months. This suggests a possible upside of 44.9% from the stock's current price.
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Some companies that are related to 360 DigiTech include Hargreaves Lansdown (HRGLY), SBI (SBHGF), Walker & Dunlop (WD), Mr. Cooper Group (COOP), Green Dot (GDOT), loanDepot (LDI), AMTD International (HKIB), Perella Weinberg Partners (PWP), LexinFintech (LX), Sprott (SII), FG New America Acquisition (OPFI), OppFi (OPFI), Blucora (BCOR), Sunlight Financial (SUNL) and Oportun Financial (OPRT).
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 $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 many different institutional and retail investors. Top institutional shareholders include FountainVest China Capital Partners GP3 Ltd. (8.37%), Morgan Stanley (5.68%), Morgan Stanley (5.68%), Aspex Management HK Ltd (5.51%), TT International Asset Management LTD (3.81%) and Vanguard Group Inc. (3.12%).

QFIN stock was sold by a variety of institutional investors in the last quarter, including MARSHALL WACE ASIA Ltd, TT International Asset Management LTD, FountainVest China Capital Partners GP3 Ltd., Aspex Management HK Ltd, Gold Dragon Worldwide Asset Management Ltd, FMR LLC, Man Group plc, and Matthews International Capital Management LLC.

QFIN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Krane Funds Advisors LLC, Vanguard Group Inc., Greenwoods Asset Management Hong Kong Ltd., State Street Corp, Dimensional Fund Advisors LP, Legal & General Group Plc, and Northern Trust Corp.

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 $21.74.

360 DigiTech has a market capitalization of $3.31 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.