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 -90.16% downside from OCFT’s last price of $1.22) 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 -90.16% downside from OCFT's last price of $1.22.
OCFT Analyst Ratings
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 | $0.12 | $0.12 | - | -90.16% |
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 -90.16% decrease from OCFT last price ($1.22).
OneConnect Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.22 | $1.22 | $1.22 |
| 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 $1.22. 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 |
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 | Mar 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 | $801.37M | $935.68M | $723.27M | $1.04B | $987.40M | $995.06M | $1.01B | $1.12B | $1.23B | $1.10B | $147.64M | $204.35M | $163.65M | $164.30M | $144.59M | $159.66M | $131.90M | $107.67M | $73.25M | $112.98M |
| High Forecast | $888.01M | $801.37M | $935.68M | $723.27M | $1.04B | $987.40M | $995.06M | $1.01B | $1.12B | $1.23B | $1.10B | $147.64M | $204.35M | $163.65M | $164.30M | $144.59M | $159.66M | $131.90M | $107.67M | $73.25M | $112.98M |
| Low Forecast | $888.01M | $801.37M | $935.68M | $723.27M | $1.04B | $987.40M | $995.06M | $1.01B | $1.12B | $1.23B | $1.10B | $147.64M | $204.35M | $163.65M | $164.30M | $144.59M | $159.66M | $131.90M | $107.67M | $73.25M | $112.98M |
| # Analysts | - | - | - | - | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | 0.92% | 1.11% | 0.87% | 1.03% | 6.90% | 6.27% | 6.51% | 5.89% | 5.67% | 6.74% | 6.68% | 7.19% | 7.93% | 6.84% |
OneConnect Financial's average Quarter revenue forecast for Jun 23 based on 0 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 | Mar 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $-255.60M | $-298.44M | $-285.16M | $-331.09M | $-314.94M | $-317.38M | $-304.99M | $-356.36M | $-282.73M | $-349.45M | $-326.19M | $-226.80M | $-302.39M | $-331.67M | $-367.03M | $-423.31M | $-295.41M | $-352.98M | $-467.96M | $-330.54M |
| High Forecast | $-283.24M | $-255.60M | $-298.44M | $-228.13M | $-331.09M | $-314.94M | $-317.38M | $-243.99M | $-356.36M | $-226.19M | $-349.45M | $-260.95M | $-181.44M | $-241.91M | $-265.34M | $-293.62M | $-338.64M | $-236.33M | $-282.38M | $-374.37M | $-264.43M |
| Low Forecast | $-283.24M | $-255.60M | $-298.44M | $-342.20M | $-331.09M | $-314.94M | $-317.38M | $-365.98M | $-356.36M | $-339.28M | $-349.45M | $-391.43M | $-272.16M | $-362.86M | $-398.01M | $-440.43M | $-507.97M | $-354.49M | $-423.58M | $-561.56M | $-396.65M |
| Surprise % | - | - | - | - | - | - | - | 0.24% | 0.51% | 0.51% | 0.66% | 0.99% | 1.65% | 0.92% | 1.08% | 0.83% | 0.89% | 0.77% | 0.94% | 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 | Mar 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | - | $399.84M | $354.38M | $-277.64M | $-421.46M | $-25.43M | $-48.05M | $-296.94M | $-471.52M | $-273.14M | $-308.06M | $-317.58M | $-217.69M | $-292.13M | $-322.11M | $-366.26M | $-410.13M | $-314.94M | $-350.40M | $-481.43M | $-388.20M |
| High Forecast | - | $399.84M | $354.38M | $-222.11M | $-421.46M | $-25.43M | $-48.05M | $-237.55M | $-471.52M | $-218.51M | $-308.06M | $-254.07M | $-174.15M | $-233.70M | $-257.69M | $-293.01M | $-328.11M | $-251.95M | $-280.32M | $-385.15M | $-310.56M |
| Low Forecast | - | $399.84M | $354.38M | $-333.17M | $-421.46M | $-25.43M | $-48.05M | $-356.33M | $-471.52M | $-327.77M | $-308.06M | $-381.10M | $-261.23M | $-350.56M | $-386.53M | $-439.52M | $-492.16M | $-377.93M | $-420.48M | $-577.72M | $-465.84M |
| Surprise % | - | - | - | - | - | - | - | 0.38% | 0.42% | 0.52% | 0.84% | 1.05% | 1.67% | 0.92% | 1.08% | 0.83% | 0.89% | 0.77% | 0.94% | 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 | Mar 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $300.67M | $351.06M | $279.93M | $389.46M | $370.47M | $373.34M | $299.39M | $419.19M | $304.30M | $411.06M | $69.25M | $95.85M | $76.76M | $77.06M | $67.82M | $74.89M | $61.86M | $50.50M | $34.36M | $52.99M |
| High Forecast | $333.17M | $300.67M | $351.06M | $335.92M | $389.46M | $370.47M | $373.34M | $359.27M | $419.19M | $365.16M | $411.06M | $69.25M | $95.85M | $76.76M | $77.06M | $67.82M | $74.89M | $61.86M | $50.50M | $34.36M | $52.99M |
| Low Forecast | $333.17M | $300.67M | $351.06M | $223.95M | $389.46M | $370.47M | $373.34M | $239.52M | $419.19M | $243.44M | $411.06M | $69.25M | $95.85M | $76.76M | $77.06M | $67.82M | $74.89M | $61.86M | $50.50M | $34.36M | $52.99M |
| Surprise % | - | - | - | - | - | - | - | 0.57% | 0.85% | 0.86% | 0.73% | 4.62% | 4.65% | 3.91% | 4.37% | 5.12% | 5.37% | 5.73% | 7.11% | 10.15% | 8.83% |
OneConnect Financial's average Quarter SG&A projection for Jun 23 is $373.34M, based on 0 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 | Mar 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | - | $11.01 | $9.76 | $11.40 | $-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 | $-12.18 | $-14.06 |
| High Forecast | - | $11.01 | $9.76 | $11.40 | $-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 | $-12.18 | $-14.06 |
| Low Forecast | - | $11.01 | $9.76 | $11.40 | $-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 | $-12.18 | $-14.06 |
| 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 | $5.59 | $26.86 | 380.50% | Hold |
| RBT | Rubicon | $0.17 | $0.60 | 252.94% | Buy |
| MYSZ | My Size | $1.94 | $5.00 | 157.73% | Buy |
| PRO | PROS | $17.84 | $41.00 | 129.82% | Buy |
| DUOT | Duos Technologies Group | $2.44 | $5.50 | 125.41% | - |
| KC | Kingsoft Cloud | $2.25 | $4.97 | 120.89% | Buy |
| DOMO | Domo | $7.34 | $16.09 | 119.21% | Hold |
| ALIT | Alight | $7.23 | $15.20 | 110.24% | Buy |
| PDFS | PDF Solutions | $29.35 | $43.50 | 48.21% | - |
| YMM | Full Truck Alliance | $7.21 | $10.45 | 44.94% | Buy |
| GBTG | Global Business Travel Group | $7.28 | $8.50 | 16.76% | Buy |
| PRGS | Progress Software | $57.99 | $62.50 | 7.78% | Buy |
| SPNS | Sapiens | $35.96 | $38.00 | 5.67% | Buy |
| OCFT | OneConnect Financial | $1.22 | $0.12 | -90.16% | 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 -90.16% from its last price of $1.22. 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 -90.16% (from the last price of $1.22 to the average price target of $0.12), down by -90.16% based on the highest stock price target, and down by -90.16% based on the lowest stock price target.
Can OneConnect Financial stock reach $2?
OCFT's average twelve months analyst stock price target of $0.12 does not support the claim that OneConnect Financial can reach $2 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 $3.35B (high $3.35B, low $3.35B), average EBITDA is $-1.122B (high $-1.065B, low $-1.179B), average net income is $476.58M (high $532.1M, low $421.05M), average SG&A $1.26B (high $1.32B, low $1.21B), and average EPS is $32.16 (high $32.16, low $32.16).
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 $3.59B by 24.37%. Apple's EBITDA was $-919M, missing the average prediction of $-1.315B by -30.07%. The company's net income was $-928M, missing the average estimation of $-1.37B by -32.28%. Apple's SG&A was $1.24B, beating the average forecast of $1.2B by 2.68%. 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%