OneConnect Financial (OCFT) Stock Forecast, Price Target & Predictions
OCFT Stock Forecast
OneConnect Financial stock forecast is as follows: an average price target of $0.12 (represents a -95.29% downside from OCFT’s last price of $2.55) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
OCFT Price Target
OCFT Analyst Ratings
OneConnect Financial Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 18, 2022 | - | HSBC | $0.12 | $0.12 | - | -95.29% |
OneConnect Financial Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | - |
Avg Price Target | - | - | - |
Last Closing Price | $2.55 | $2.55 | $2.55 |
Upside/Downside | -100.00% | -100.00% | -100.00% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
May 21, 2024 | Citigroup | Buy | Buy | Hold |
OneConnect Financial Financial Forecast
OneConnect Financial Revenue Forecast
Dec 24 | Sep 24 | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | $925.95M | $1.24B | $1.07B | $1.13B | $1.02B | $1.28B | $1.06B | $967.75M | $819.76M | $1.08B | $881.45M | $774.32M | $580.80M | $772.92M |
Avg Forecast | $888.01M | $787.35M | $935.68M | $1.04B | $987.40M | $995.06M | $1.01B | $1.12B | $1.23B | $1.10B | $937.83M | $1.30B | $1.06B | $1.06B | $949.06M | $1.04B | $896.18M | $759.89M | $518.92M | $790.18M |
High Forecast | $888.01M | $787.35M | $935.68M | $1.04B | $987.40M | $995.06M | $1.01B | $1.12B | $1.23B | $1.10B | $937.83M | $1.30B | $1.06B | $1.06B | $949.06M | $1.04B | $896.18M | $759.89M | $518.92M | $790.18M |
Low Forecast | $888.01M | $787.35M | $935.68M | $1.04B | $987.40M | $995.06M | $1.01B | $1.12B | $1.23B | $1.10B | $937.83M | $1.30B | $1.06B | $1.06B | $949.06M | $1.04B | $896.18M | $759.89M | $518.92M | $790.18M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Surprise % | - | - | - | - | - | - | 0.92% | 1.11% | 0.87% | 1.03% | 1.09% | 0.98% | 1.01% | 0.91% | 0.86% | 1.03% | 0.98% | 1.02% | 1.12% | 0.98% |
OneConnect Financial EBITDA Forecast
Dec 24 | Sep 24 | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
EBITDA | - | - | - | - | - | - | $-74.26M | $-182.87M | $-144.44M | $-228.98M | $-323.70M | $-373.35M | $-279.13M | $-359.31M | $-305.37M | $-376.64M | $-227.96M | $-333.37M | $-403.13M | $-527.38M |
Avg Forecast | $-283.24M | $-251.13M | $-298.44M | $-331.09M | $-314.94M | $-317.38M | $-304.99M | $-249.48M | $-391.97M | $-349.45M | $-326.19M | $-414.92M | $-336.81M | $-338.83M | $-367.03M | $-332.31M | $-285.85M | $-242.37M | $-467.96M | $-330.54M |
High Forecast | $-283.24M | $-251.13M | $-298.44M | $-331.09M | $-314.94M | $-317.38M | $-243.99M | $-199.58M | $-391.97M | $-349.45M | $-260.95M | $-414.92M | $-336.81M | $-338.83M | $-293.62M | $-332.31M | $-285.85M | $-242.37M | $-374.37M | $-264.43M |
Low Forecast | $-283.24M | $-251.13M | $-298.44M | $-331.09M | $-314.94M | $-317.38M | $-365.98M | $-299.37M | $-391.97M | $-349.45M | $-391.43M | $-414.92M | $-336.81M | $-338.83M | $-440.43M | $-332.31M | $-285.85M | $-242.37M | $-561.56M | $-396.65M |
Surprise % | - | - | - | - | - | - | 0.24% | 0.73% | 0.37% | 0.66% | 0.99% | 0.90% | 0.83% | 1.06% | 0.83% | 1.13% | 0.80% | 1.38% | 0.86% | 1.60% |
OneConnect Financial Net Income Forecast
Dec 24 | Sep 24 | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Net Income | - | - | - | - | - | - | $-113.02M | $-197.13M | $-140.71M | $-257.88M | $-332.31M | $-363.17M | $-269.66M | $-348.95M | $-304.73M | $-364.92M | $-243.03M | $-330.93M | $-414.73M | $-619.38M |
Avg Forecast | - | $392.84M | $354.38M | $-421.46M | $-25.43M | $-48.05M | $-296.94M | $-239.46M | $-198.65M | $-286.90M | $-317.58M | $-280.18M | $-270.76M | $-303.63M | $-366.26M | $-408.03M | $-341.68M | $-371.13M | $-481.43M | $-388.20M |
High Forecast | - | $392.84M | $354.38M | $-421.46M | $-25.43M | $-48.05M | $-237.55M | $-191.57M | $-198.65M | $-286.90M | $-254.07M | $-280.18M | $-270.76M | $-303.63M | $-293.01M | $-408.03M | $-341.68M | $-371.13M | $-385.15M | $-310.56M |
Low Forecast | - | $392.84M | $354.38M | $-421.46M | $-25.43M | $-48.05M | $-356.33M | $-287.35M | $-198.65M | $-286.90M | $-381.10M | $-280.18M | $-270.76M | $-303.63M | $-439.52M | $-408.03M | $-341.68M | $-371.13M | $-577.72M | $-465.84M |
Surprise % | - | - | - | - | - | - | 0.38% | 0.82% | 0.71% | 0.90% | 1.05% | 1.30% | 1.00% | 1.15% | 0.83% | 0.89% | 0.71% | 0.89% | 0.86% | 1.60% |
OneConnect Financial SG&A Forecast
Dec 24 | Sep 24 | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
SG&A | - | - | - | - | - | - | $171.23M | $354.62M | $261.18M | $300.06M | $320.21M | $445.28M | $300.42M | $336.85M | $347.51M | $402.06M | $354.55M | $359.22M | $348.57M | $468.02M |
Avg Forecast | $333.17M | $295.41M | $351.06M | $389.46M | $370.47M | $373.34M | $299.39M | $297.54M | $461.07M | $411.06M | $320.21M | $488.08M | $396.19M | $398.57M | $417.68M | $390.90M | $336.24M | $285.11M | $404.64M | $293.34M |
High Forecast | $333.17M | $295.41M | $351.06M | $389.46M | $370.47M | $373.34M | $359.27M | $357.05M | $461.07M | $411.06M | $384.25M | $488.08M | $396.19M | $398.57M | $501.22M | $390.90M | $336.24M | $285.11M | $485.57M | $352.01M |
Low Forecast | $333.17M | $295.41M | $351.06M | $389.46M | $370.47M | $373.34M | $239.52M | $238.03M | $461.07M | $411.06M | $256.17M | $488.08M | $396.19M | $398.57M | $334.15M | $390.90M | $336.24M | $285.11M | $323.71M | $234.67M |
Surprise % | - | - | - | - | - | - | 0.57% | 1.19% | 0.57% | 0.73% | 1.00% | 0.91% | 0.76% | 0.85% | 0.83% | 1.03% | 1.05% | 1.26% | 0.86% | 1.60% |
OneConnect Financial EPS Forecast
Dec 24 | Sep 24 | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
EPS | - | - | - | - | - | - | $-3.11 | $-5.34 | $-3.85 | $-0.07 | $-8.98 | $-0.10 | $-0.07 | $-0.09 | $-0.08 | $-0.10 | $-0.07 | $-0.10 | $-0.12 | $-0.20 |
Avg Forecast | - | $10.82 | $9.76 | $-11.60 | $-0.70 | $-1.32 | $-2.22 | $-12.98 | $-5.47 | $-7.90 | $-7.61 | $-7.71 | $-7.45 | $-8.36 | $-10.45 | $-11.23 | $-9.41 | $-10.22 | $-12.17 | $-14.27 |
High Forecast | - | $10.82 | $9.76 | $-11.60 | $-0.70 | $-1.32 | $-2.22 | $-12.98 | $-5.47 | $-7.90 | $-7.61 | $-7.71 | $-7.45 | $-8.36 | $-10.45 | $-11.23 | $-9.41 | $-10.22 | $-12.17 | $-14.27 |
Low Forecast | - | $10.82 | $9.76 | $-11.60 | $-0.70 | $-1.32 | $-2.22 | $-12.98 | $-5.47 | $-7.90 | $-7.61 | $-7.71 | $-7.45 | $-8.36 | $-10.45 | $-11.23 | $-9.41 | $-10.22 | $-12.17 | $-14.27 |
Surprise % | - | - | - | - | - | - | 1.40% | 0.41% | 0.70% | 0.01% | 1.18% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
OneConnect Financial Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
LAW | CS Disco | $5.95 | $24.14 | 305.71% | Hold |
RBT | Rubicon | $0.17 | $0.60 | 252.94% | Buy |
MYSZ | My Size | $1.68 | $5.00 | 197.62% | Buy |
ALIT | Alight | $6.73 | $15.20 | 125.85% | Buy |
DOMO | Domo | $8.05 | $16.09 | 99.88% | Hold |
KC | Kingsoft Cloud | $2.77 | $4.97 | 79.42% | Buy |
PRO | PROS | $20.73 | $32.67 | 57.60% | Buy |
PDFS | PDF Solutions | $28.69 | $43.50 | 51.62% | - |
DUOT | Duos Technologies Group | $4.28 | $5.50 | 28.50% | - |
YMM | Full Truck Alliance | $8.92 | $10.45 | 17.15% | Buy |
GBTG | Global Business Travel Group | $7.68 | $8.50 | 10.68% | Buy |
PRGS | Progress Software | $63.94 | $70.20 | 9.79% | Buy |
SPNS | Sapiens | $37.25 | $38.00 | 2.01% | Buy |
OCFT | OneConnect Financial | $2.55 | $0.12 | -95.29% | Buy |
OCFT Forecast FAQ
Is OneConnect Financial a good buy?
Yes, according to 1 Wall Street analysts, OneConnect Financial (OCFT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of OCFT's total ratings.
What is OCFT's price target?
OneConnect Financial (OCFT) average price target is $0.12 with a range of $0.12 to $0.12, implying a -95.29% from its last price of $2.55. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will OneConnect Financial stock go up soon?
According to Wall Street analysts' prediction for OCFT stock, the company can go down by -95.29% (from the last price of $2.55 to the average price target of $0.12), down by -95.29% based on the highest stock price target, and down by -95.29% based on the lowest stock price target.
Can OneConnect Financial stock reach $4?
OCFT's average twelve months analyst stock price target of $0.12 does not support the claim that OneConnect Financial can reach $4 in the near future.
What are OneConnect Financial's analysts' financial forecasts?
OneConnect Financial's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $4.03B (high $4.03B, low $4.03B), average EBITDA is $-1.268B (high $-1.207B, low $-1.329B), average net income is $-792M (high $-732M, low $-851M), average SG&A $1.43B (high $1.49B, low $1.37B), and average EPS is $-15.849 (high $-15.849, low $-15.849). OCFT's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.61B (high $2.61B, low $2.61B), average EBITDA is $-833M (high $-833M, low $-833M), average net income is $747.22M (high $747.22M, low $747.22M), average SG&A $979.64M (high $979.64M, low $979.64M), and average EPS is $20.57 (high $20.57, low $20.57).
Did the OCFT's actual financial results beat the analysts' financial forecasts?
Based on OneConnect Financial's last annual report (Dec 2022), the company's revenue was $4.46B, beating the average analysts forecast of $4.38B by 1.93%. Apple's EBITDA was $-919M, missing the average prediction of $-1.317B by -30.20%. The company's net income was $-928M, missing the average estimation of $-1.043B by -10.99%. Apple's SG&A was $1.24B, missing the average forecast of $1.49B by -17.04%. Lastly, the company's EPS was $-0.25, missing the average prediction of $-33.962 by -99.26%. In terms of the last quarterly report (Mar 2023), OneConnect Financial's revenue was $925.95M, missing the average analysts' forecast of $1.01B by -8.26%. The company's EBITDA was $-74.258M, missing the average prediction of $-305M by -75.65%. OneConnect Financial's net income was $-113M, missing the average estimation of $-297M by -61.94%. The company's SG&A was $171.23M, missing the average forecast of $299.39M by -42.81%. Lastly, the company's EPS was $-3.11, beating the average prediction of $-2.221 by 40.00%