NYSE:RAAS

Cloopen Group Stock Forecast, Price & News

$11.01
-0.25 (-2.22 %)
(As of 04/16/2021 12:00 AM ET)
Add
Compare
Today's Range
$10.92
Now: $11.01
$11.39
50-Day Range
$11.04
MA: $16.18
$22.74
52-Week Range
$10.60
Now: $11.01
$59.00
Volume594,096 shs
Average Volume2.32 million shs
Market Capitalization$1.76 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Cloopen Group Holding Limited, through its subsidiaries, provides cloud-based communications solutions in the People's Republic of China. The company offers a suite of cloud-based communications solutions, which include communications platform as a service, cloud-based contact centers, and cloud-based unified communications and collaborations. It serves a customer base consisting of enterprises of various industries, including internet, telecommunications, financial services, education, industrial manufacturing, and energy. The company was founded in 2012 and is headquartered in Beijing, China.

Industry, Sector and Symbol

Industry Software—Application
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone86 10 5282 3178
Employees1,171
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Market Cap$1.76 billion
Next Earnings DateN/A
OptionableNot Optionable

Headlines

Cloopen Group Holding Ltd - ADR to Host Earnings Call
March 26, 2021 |  finance.yahoo.com
Cloopen Group Holding Ltd - ADR
February 18, 2021 |  reuters.com
3 Chinese Companies Make Strong Market Debuts
February 12, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.31 out of 5 stars

Communications Sector

1st out of 8 stocks

Software—Application Industry

15th out of 57 stocks

Analyst Opinion: 3.3Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
$11.01
-0.25 (-2.22 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive RAAS News and Ratings via Email

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

speech bubbles
speech bubbles











Cloopen Group (NYSE:RAAS) Frequently Asked Questions

Is Cloopen Group a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cloopen Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cloopen Group stock.
View analyst ratings for Cloopen Group
or view top-rated stocks.

What stocks does MarketBeat like better than Cloopen Group?

Wall Street analysts have given Cloopen Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cloopen Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Cloopen Group's earnings last quarter?

Cloopen Group Holding Limited (NYSE:RAAS) released its quarterly earnings results on Friday, March, 26th. The company reported ($11.54) earnings per share (EPS) for the quarter. The company earned $39.65 million during the quarter.
View Cloopen Group's earnings history
.

What guidance has Cloopen Group issued on next quarter's earnings?

Cloopen Group issued an update on its first quarter 2021 Pre-Market earnings guidance on Friday, March, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $29.4-30.2 million, compared to the consensus revenue estimate of $28.99 million.

What price target have analysts set for RAAS?

2 analysts have issued 12 month target prices for Cloopen Group's stock. Their forecasts range from $16.20 to $27.00. On average, they expect Cloopen Group's share price to reach $21.60 in the next year. This suggests a possible upside of 96.2% from the stock's current price.
View analysts' price targets for Cloopen Group
or view top-rated stocks among Wall Street analysts.

Who are Cloopen Group's key executives?

Cloopen Group's management team includes the following people:
  • Mr. Changxun Sun, CEO & Chairman (Age 45)
  • Mr. Yipeng Li, CFO & Director (Age 44)
  • Mr. Xiegang Xiong, CTO, Chief Product Officer & Director (Age 51)
  • Mr. Cheng Luo, Chief Exec. Officer Assistant & Director (Age 38)

Who are some of Cloopen Group's key competitors?

When did Cloopen Group IPO?

(RAAS) raised $280 million in an initial public offering on Tuesday, February 9th 2021. The company issued 20,000,000 shares at $13.00-$15.00 per share. Goldman Sachs, Citi and CICC served as the underwriters for the IPO and Tiger Brokers and FUTU were co-managers.

What is Cloopen Group's stock symbol?

Cloopen Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RAAS."

When does Cloopen Group's lock-up period expire?

Cloopen Group's lock-up period expires on Monday, August 9th. Cloopen Group had issued 20,000,000 shares in its public offering on February 9th. The total size of the offering was $320,000,000 based on an initial share price of $16.00. After the expiration of Cloopen Group's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

How do I buy shares of Cloopen Group?

Shares of RAAS 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.
Compare Top Brokerages Here.

What is Cloopen Group's stock price today?

One share of RAAS stock can currently be purchased for approximately $11.01.

How much money does Cloopen Group make?

Cloopen Group has a market capitalization of $1.76 billion.

How many employees does Cloopen Group have?

Cloopen Group employs 1,171 workers across the globe.

What is Cloopen Group's official website?

The official website for Cloopen Group is www.yuntongxun.com.

How can I contact Cloopen Group?

The company can be reached via phone at 86 10 5282 3178.


This page was last updated on 4/17/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.