JOYY (YY) Stock Forecast & Price Target

$33.76

-0.05 (-0.15%)

(As of 07/26/2024 ET)

JOYY - 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

Hold
Based on 3 Analyst Ratings

Based on 3 Wall Street analysts who have issued ratings for JOYY in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 3 have given a hold rating for YY.

Consensus Price Target

$42.00
24.41% Upside

High Forecast	$49.00
Average Forecast	$42.00
Low Forecast	$35.00

According to the 3 analysts' twelve-month price targets for JOYY, the average price target is $42.00. The highest price target for YY is $49.00, while the lowest price target for YY is $35.00. The average price target represents a forecasted upside of 24.41% from the current price of $33.76.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	2 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$42.00	$42.00	$42.00	$41.50
Forecasted Upside	24.41% Upside	27.61% Upside	27.61% Upside	34.88% Upside

Get JOYY Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for YY and its competitors with MarketBeat's FREE daily newsletter.

Ad Crypto 101 Media

Brace Yourself: Experts calling for Bitcoin to hit $100k

For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.

Click here to get The Crypto Bull Run Millionaire Blueprint now.

YY 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.

YY 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.

JOYY Stock vs. The Competition

Type	JOYY	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.00	2.61	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	24.41% Upside	554.03% Upside	9.17% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
3/25/2024	Bank of America 4 of 5 stars	Reiterated Rating	Buy ➝ Neutral	$35.00	+14.01%
1/2/2024	Benchmark 2 of 5 stars	Reiterated Rating	Buy ➝ Hold
8/30/2023	BOCOM International 4 of 5 stars	Downgrade	Buy ➝ Neutral
4/14/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral	$35.00 ➝ $30.00	+1.01%
3/17/2023	CLSA Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	$48.00 ➝ $42.00	+50.00%
2/13/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	$46.00 ➝ $45.00	+25.03%

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

YY Forecast - Frequently Asked Questions

What is JOYY's forecast for 2024?: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for JOYY is $42.00, with a high forecast of $49.00 and a low forecast of $35.00.
Should I buy or sell JOYY stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JOYY in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" YY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in YY, but not buy additional shares or sell existing shares.
Does JOYY's stock price have much upside?: According to analysts, JOYY's stock has a predicted upside of 27.61% based on their 12-month stock forecasts.
Do Wall Street analysts like JOYY more than its competitors?: Analysts like JOYY less than other "computer and technology" companies. The consensus rating for JOYY is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how YY compares to other companies.