Noah - NOAH Stock Forecast, Price & News

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

3 brokers have issued 1-year price objectives for Noah's stock. Their NOAH share price forecasts range from $22.00 to $56.25. On average, they predict the company's share price to reach $37.75 in the next twelve months. This suggests a possible upside of 95.4% from the stock's current price.
View analysts price targets for NOAH or view top-rated stocks among Wall Street analysts.

Noah's stock was trading at $30.69 on January 1st, 2022. Since then, NOAH stock has decreased by 37.0% and is now trading at $19.32.
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Noah saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 655,100 shares, a drop of 24.1% from the July 15th total of 862,700 shares. Based on an average daily volume of 314,300 shares, the short-interest ratio is currently 2.1 days. Approximately 1.1% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 22nd 2022.
View our NOAH earnings forecast.

Noah Holdings Limited (NYSE:NOAH) issued its earnings results on Monday, November, 16th. The asset manager reported $0.41 EPS for the quarter, meeting analysts' consensus estimates of $0.41. The asset manager earned $82.60 million during the quarter, compared to analyst estimates of $62.90 million. Noah had a trailing twelve-month return on equity of 15.27% and a net margin of 30.16%. During the same quarter in the prior year, the company earned $0.34 earnings per share.

Noah declared that its Board of Directors has authorized a stock buyback program on Monday, November 30th 2020, which authorizes the company to repurchase $0.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

Based on aggregate information from My MarketBeat watchlists, some companies that other Noah investors own include Baidu (BIDU), Twitter (TWTR), Netflix (NFLX), Vipshop (VIPS), Advanced Micro Devices (AMD), Alibaba Group (BABA), Gilead Sciences (GILD), Micron Technology (MU), QUALCOMM (QCOM) and Tesla (TSLA).

Noah trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOAH."

Noah's stock is owned by many different retail and institutional investors. Top institutional shareholders include Platinum Investment Management Ltd. (3.53%), Franklin Resources Inc. (0.64%), Artisan Partners Limited Partnership (0.55%), State Street Corp (0.35%), Bridgewater Associates LP (0.30%) and Prescott Group Capital Management L.L.C. (0.27%).

Shares of NOAH stock 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 NOAH stock can currently be purchased for approximately $19.32.

Noah (NYSE:NOAH) has a market capitalization of $1.16 billion and generates $673.68 million in revenue each year. The asset manager earns $206.21 million in net income (profit) each year or $2.69 on an earnings per share basis.

The company employs 3,148 workers across the globe.

Noah's mailing address is NO. 1687 CHANGYANG ROAD BUILDING 2, SHANGHAI F4, 200090. The official website for the company is www.noahgroup.com. The asset manager can be reached via phone at 862180359221, via email at ir@noahgroup.com, or via fax at 86-21-8035-9641.