OneConnect Financial (OCFT) Stock Forecast, Price Target & Predictions


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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


The average price target for OneConnect Financial (OCFT) is $0.12 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $0.12 to $0.12. This represents a potential -95.29% downside from OCFT's last price of $2.55.

OCFT Analyst Ratings


Buy

According to 1 Wall Street analysts, OneConnect Financial's rating consensus is 'Buy'. The analyst rating breakdown for OCFT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

OneConnect Financial Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 18, 2022-HSBC$0.12$0.12--95.29%
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The latest OneConnect Financial stock forecast, released on Aug 18, 2022 by HSBC company, set a price target of $0.12, which represents a 0.00% decrease from the stock price at the time of the forecast ($0.12), and a -95.29% decrease from OCFT last price ($2.55).

OneConnect Financial Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$2.55$2.55$2.55
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of OneConnect Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to OneConnect Financial's last price of $2.55. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
May 21, 2024CitigroupBuyBuyHold
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OneConnect Financial's last stock rating was published by Citigroup on May 21, 2024. The company gave OCFT a "Buy" rating, the same as its previous rate.

OneConnect Financial Financial Forecast


OneConnect Financial Revenue Forecast

Dec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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
# Analysts11111111111111111111
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's average Quarter revenue forecast for Jun 23 based on 1 analysts is $995.06M, with a low forecast of $995.06M, and a high forecast of $995.06M. OCFT's average Quarter revenue forecast represents a 7.46% increase compared to the company's last Quarter revenue of $925.95M (Mar 23).

OneConnect Financial EBITDA Forecast

Dec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts11111111111111111111
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%

undefined analysts predict OCFT's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than OneConnect Financial's previous annual EBITDA (undefined) of $NaN.

OneConnect Financial Net Income Forecast

Dec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts11111111111111111111
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's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. OCFT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

OneConnect Financial SG&A Forecast

Dec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts11111111111111111111
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's average Quarter SG&A projection for Jun 23 is $373.34M, based on 1 Wall Street analysts, with a range of $373.34M to $373.34M. The forecast indicates a 118.03% rise compared to OCFT last annual SG&A of $171.23M (Mar 23).

OneConnect Financial EPS Forecast

Dec 24Sep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts11111111111111111111
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%

According to undefined Wall Street analysts, OneConnect Financial's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to OCFT previous annual EPS of $NaN (undefined).

OneConnect Financial Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LAWCS Disco$5.95$24.14305.71%Hold
RBTRubicon$0.17$0.60252.94%Buy
MYSZMy Size$1.68$5.00197.62%Buy
ALITAlight$6.73$15.20125.85%Buy
DOMODomo$8.05$16.0999.88%Hold
KCKingsoft Cloud$2.77$4.9779.42%Buy
PROPROS$20.73$32.6757.60%Buy
PDFSPDF Solutions$28.69$43.5051.62%-
DUOTDuos Technologies Group$4.28$5.5028.50%-
YMMFull Truck Alliance$8.92$10.4517.15%Buy
GBTGGlobal Business Travel Group$7.68$8.5010.68%Buy
PRGSProgress Software$63.94$70.209.79%Buy
SPNSSapiens$37.25$38.002.01%Buy
OCFTOneConnect Financial$2.55$0.12-95.29%Buy

OCFT Forecast FAQ


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.

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.

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.

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.

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).

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%