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Cloopen Group Stock Forecast, Price & News

+0.80 (+9.37 %)
(As of 05/14/2021 02:21 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume7,025 shs
Average Volume1.85 million shs
Market Capitalization$1.49 billion
P/E RatioN/A
Dividend YieldN/A
30 days | 90 days | 365 days | Advanced Chart
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About Cloopen Group

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.


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Industry, Sector and Symbol

Industry Software—Application
Phone86 10 5282 3178
Year FoundedN/A

Sales & Book Value

Annual SalesN/A





Market Cap$1.49 billion
Next Earnings DateN/A
OptionableNot Optionable


Overall MarketRank

1.31 out of 5 stars

Communications Sector

1st out of 8 stocks

Software—Application Industry

19th out of 59 stocks

Analyst Opinion: 3.3Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
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Cloopen Group (NYSE:RAAS) Frequently Asked Questions

Is Cloopen Group a buy right now?

2 Wall Street equities 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 equities 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 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 Cloopen Group wasn't one of them. MarketBeat thinks these five companies 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) announced its earnings results on Friday, March, 26th. The company reported ($11.54) earnings per share (EPS) for the quarter. The business had revenue of $39.65 million for the quarter.
View Cloopen Group's earnings history

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

Cloopen Group updated its first quarter 2021 Pre-Market earnings guidance on Friday, March, 26th. The company provided earnings per share 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 brokerages have issued 12-month price targets for Cloopen Group's stock. Their forecasts range from $16.20 to $27.00. On average, they expect Cloopen Group's stock price to reach $21.60 in the next twelve months. This suggests a possible upside of 133.5% 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 IPO on Tuesday, February 9th 2021. The company issued 20,000,000 shares at a price of $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 end of Cloopen Group's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Who are Cloopen Group's major shareholders?

Cloopen Group's stock is owned by a number of retail and institutional investors. Top institutional investors include TB Alternative Assets Ltd. (12.04%), JPMorgan Chase & Co. (4.19%), Matthews International Capital Management LLC (0.63%), Barings LLC (0.49%), Ghisallo Capital Management LLC (0.16%) and Alberta Investment Management Corp (0.05%).

Which institutional investors are buying Cloopen Group stock?

RAAS stock was purchased by a variety of institutional investors in the last quarter, including TB Alternative Assets Ltd., JPMorgan Chase & Co., Matthews International Capital Management LLC, Barings LLC, Ghisallo Capital Management LLC, Alberta Investment Management Corp, BlackRock Inc., and Rokos Capital Management LLP.

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 $9.25.

How much money does Cloopen Group make?

Cloopen Group has a market capitalization of $1.48 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

How can I contact Cloopen Group?

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

This page was last updated on 5/14/2021 by Staff
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