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Qifu Technology (QFIN) Stock Forecast & Price Target

$20.10
+0.08 (+0.40%)
(As of 06/14/2024 ET)

Qifu Technology - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy
Based on 3 Analyst Ratings

Consensus Price Target

$24.73
23.05% Upside
High Forecast$25.90
Average Forecast$24.73
Low Forecast$23.80
TypeCurrent Forecast
6/16/23 to 6/15/24
1 Month Ago
5/17/23 to 5/16/24
3 Months Ago
3/18/23 to 3/17/24
1 Year Ago
6/16/22 to 6/16/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$24.73$24.73$24.73$20.80
Forecasted Upside23.05% Upside37.65% Upside37.65% Upside68.97% Upside
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QFIN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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QFIN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Qifu Technology Stock vs. The Competition

TypeQifu TechnologyBusiness Services CompaniesS&P 500
Consensus Rating Score
3.00
2.63
2.50
Consensus RatingBuyModerate BuyHold
Predicted Upside23.05% Upside136.39% Upside12.22% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/14/2024Citigroup
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 Boost TargetBuy ➝ Buy$23.54 ➝ $23.80+28.93%
12/18/2023Nomura
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 Initiated CoverageBuy
9/1/2023CLSA
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 Lower Target$27.80 ➝ $25.90+52.35%
7/5/2023Bank of America
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 Initiated CoverageBuy$24.50+36.41%
9/29/2022China Renaissance
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 Reiterated RatingBuy$20.80+68.97%
7/11/2022Daiwa Capital Markets
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 Initiated CoverageBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:24 AM ET.

QFIN Frequently Asked Questions

What is Qifu Technology's stock forecast and purchase recommendation?

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Qifu Technology is $24.73, with a high forecast of $25.90 and a low forecast of $23.80. The consensus rating for Qifu Technology stock is Buy based on the current 3 buy ratings for QFIN. Learn more on QFIN's analyst rating history.

Do Wall Street analysts like Qifu Technology more than its competitors?

Analysts like Qifu Technology more than other "business services" companies. The consensus rating for Qifu Technology is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how QFIN compares to other companies.

Does Qifu Technology's stock price have much upside?

According to analysts, Qifu Technology's stock has a predicted upside of 37.65% based on their 12-month stock forecasts.


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This page (NASDAQ:QFIN) was last updated on 6/15/2024 by MarketBeat.com Staff

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