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 -94.81% downside from OCFT’s last price of $2.31) 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 -94.81% downside from OCFT's last price of $2.31.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 18, 2022		HSBC	-	-	-	-94.81%

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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 -94.81% decrease from OCFT last price ($2.31).

OneConnect Financial Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$2.31	$2.31	$2.31
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 $2.31. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
May 21, 2024	Citigroup	Buy	Buy	Hold

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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 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'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 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	$-241.36M	$-214.00M	$-254.32M	$-282.14M	$-268.38M	$-270.46M	$-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	$-241.36M	$-214.00M	$-254.32M	$-282.14M	$-268.38M	$-270.46M	$-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	$-241.36M	$-214.00M	$-254.32M	$-282.14M	$-268.38M	$-270.46M	$-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 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	-	$11.79B	$10.63B	$-12.64B	$-762.77M	$-1.44B	$-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	-	$11.79B	$10.63B	$-12.64B	$-762.77M	$-1.44B	$-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	-	$11.79B	$10.63B	$-12.64B	$-762.77M	$-1.44B	$-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 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'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 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%

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

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
LAW	CS Disco	-	-	316.93%	Hold
MYSZ	My Size	-	-	270.37%	Buy
RBT	Rubicon	-	-	252.94%	Buy
ALIT	Alight	-	-	90.48%	Buy
DOMO	Domo	-	-	70.26%	Hold
PDFS	PDF Solutions	-	-	39.83%
SPNS	Sapiens	-	-	37.04%	Buy
PRO	PROS	-	-	36.58%	Buy
DUOT	Duos Technologies Group	-	-	20.09%
YMM	Full Truck Alliance	-	-	11.53%	Buy
PRGS	Progress Software	-	-	1.37%	Buy
GBTG	Global Business Travel Group	-	-	-9.96%	Buy
KC	Kingsoft Cloud	-	-	-31.07%	Buy
OCFT	OneConnect Financial	-	-	-94.81%	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 -94.81% from its last price of $2.31. 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 -94.81% (from the last price of $2.31 to the average price target of $0.12), down by -94.81% based on the highest stock price target, and down by -94.81% based on the lowest stock price target.

Can OneConnect Financial stock reach $3?

OCFT's average twelve months analyst stock price target of $0.12 does not support the claim that OneConnect Financial can reach $3 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 $-1.126B (high $-1.065B, low $-1.187B), average net income is $-15.145B (high $-15.086B, low $-15.205B), 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 $-710M (high $-710M, low $-710M), average net income is $22.42B (high $22.42B, low $22.42B), 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%