Vipshop (VIPS) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vipshop in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" VIPS shares.
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10 brokers have issued 1-year price objectives for Vipshop's stock. Their VIPS share price forecasts range from $8.50 to $19.00. On average, they anticipate the company's stock price to reach $15.35 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price.
View analysts price targets for VIPS or view top-rated stocks among Wall Street analysts.

Vipshop's stock was trading at $13.64 at the beginning of the year. Since then, VIPS stock has increased by 5.1% and is now trading at $14.34.
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Vipshop saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 10,410,000 shares, an increase of 20.3% from the April 15th total of 8,650,000 shares. Based on an average daily trading volume, of 4,910,000 shares, the short-interest ratio is presently 2.1 days. Approximately 2.1% of the shares of the company are sold short.
View Vipshop's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 18th 2023.
View our VIPS earnings forecast.

Vipshop Holdings Limited (NYSE:VIPS) announced its earnings results on Wednesday, November, 17th. The technology company reported $1.50 EPS for the quarter, beating the consensus estimate of $0.19 by $1.31. The technology company had revenue of $23.53 billion for the quarter, compared to the consensus estimate of $24.49 billion. Vipshop had a net margin of 6.68% and a trailing twelve-month return on equity of 18.69%. The firm's revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company earned $0.25 earnings per share.

ETFs with the largest weight of Vipshop (NYSE:VIPS) stock in their portfolio include Global X E-Commerce ETF (EBIZ), Invesco Golden Dragon China ETF (PGJ), KraneShares CSI China Internet ETF (KWEB), KraneShares Emerging Markets Consumer Technology ETF (KEMQ), AdvisorShares Dorsey Wright ADR ETF (AADR), iShares MSCI China Multisector Tech ETF (TCHI), Global X China Consumer ETF (CHIQ) and Global X Emerging Markets Internet & Ecommerce ETF (EWEB).

Vipshop updated its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.93 billion-$4.11 billion, compared to the consensus revenue estimate of $3.79 billion.

11 employees have rated Vipshop Chief Executive Officer Eric Shen on Glassdoor.com. Eric Shen has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Vipshop investors own include Alibaba Group (BABA), NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Baidu (BIDU), JD.com (JD), Advanced Micro Devices (AMD), Twitter (TWTR), Block (SQ) and Walt Disney (DIS).

Vipshop trades on the New York Stock Exchange (NYSE) under the ticker symbol "VIPS."

Vipshop's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.99%), Krane Funds Advisors LLC (2.09%), Robeco Institutional Asset Management B.V. (1.65%), Acadian Asset Management LLC (1.54%), Dimensional Fund Advisors LP (1.47%) and State Street Corp (1.29%).

Shares of VIPS 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 VIPS stock can currently be purchased for approximately $14.34.

Vipshop (NYSE:VIPS) has a market capitalization of $9.74 billion and generates $14.96 billion in revenue each year. The technology company earns $913.24 million in net income (profit) each year or $1.66 on an earnings per share basis.

The company employs 6,815 workers across the globe.

Vipshop's mailing address is No. 20 Huahai Street Liwan district, Guangzhou F4, 510370. The official website for the company is www.vip.com. The technology company can be reached via phone at 862022330025, via email at ir@vipshop.com, or via fax at 86-20-2233-0111.