JOYY (YY) Stock Forecast, Price Target & Predictions
YY Stock Forecast
JOYY stock forecast is as follows: an average price target of $66.50 (represents a 83.80% upside from YY’s last price of $36.18) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
YY Price Target
The average price target for JOYY (YY) is $66.50 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $103.00 to $30.00. This represents a potential 83.80% upside from YY's last price of $36.18.
YY Analyst Ratings
According to 5 Wall Street analysts, JOYY's rating consensus is 'Buy'. The analyst rating breakdown for YY stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
JOYY Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 28, 2024 | Alex Poon | Morgan Stanley | $30.00 | $34.77 | -13.72% | -17.08% |
| Mar 19, 2024 | Alex Poon | Morgan Stanley | $37.00 | $31.48 | 17.53% | 2.27% |
| Sep 06, 2023 | David Karnovsky | J.P. Morgan | $103.00 | $35.73 | 188.27% | 184.69% |
The latest JOYY stock forecast, released on Aug 28, 2024 by Alex Poon from Morgan Stanley, set a price target of $30.00, which represents a -13.72% decrease from the stock price at the time of the forecast ($34.77), and a -17.08% decrease from YY last price ($36.18).
JOYY Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $30.00 | $30.00 | $33.50 |
| Last Closing Price | $36.18 | $36.18 | $36.18 |
| Upside/Downside | -17.08% | -17.08% | -7.41% |
In the current month, the average price target of JOYY stock is $30.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -17.08% decrease as opposed to JOYY's last price of $36.18. This month's average price target is down 0.00% compared to last quarter, and down -10.45% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 06, 2023 | Benchmark | Buy | Buy | Hold |
| Sep 06, 2023 | Citigroup | Overweight | Overweight | Hold |
| Jul 20, 2023 | Benchmark | Buy | Buy | Hold |
| Jun 16, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jun 16, 2023 | Citigroup | Overweight | Overweight | Hold |
| Jun 02, 2023 | Citigroup | Buy | Buy | Hold |
| Jun 02, 2023 | Benchmark | Buy | Buy | Hold |
| Jun 02, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Apr 20, 2023 | Benchmark | Buy | Buy | Hold |
| Apr 20, 2023 | Deutsche Bank | Buy | Buy | Hold |
JOYY's last stock rating was published by Benchmark on Sep 06, 2023. The company gave YY a "Buy" rating, the same as its previous rate.
JOYY Financial Forecast
JOYY Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $583.63M | $604.91M | $586.73M | $596.10M | $623.78M | $663.71M | $650.54M | $661.71M | $643.08M | $568.23M | $920.88M | $823.58M | $1.01B | $1.09B | $966.06M | $914.07M | $712.12M | $569.27M | $329.00M |
| Avg Forecast | $504.49M | $514.12M | $523.94M | $533.95M | $564.67M | $561.89M | $559.00M | $552.67M | $558.50M | $557.00M | $537.20M | $563.99M | $600.00M | $574.60M | $594.95M | $608.35M | $655.13M | $621.52M | $650.47M | $591.80M | $1.01B | $876.17M | $727.33M | $952.52M | $1.07B | $946.85M | $880.23M | $622.48M | $22.30B | $9.59B |
| High Forecast | $509.34M | $519.06M | $528.98M | $539.08M | $570.10M | $565.31M | $564.38M | $557.98M | $563.87M | $562.36M | $542.37M | $569.41M | $605.77M | $580.13M | $594.95M | $608.35M | $655.13M | $621.52M | $650.47M | $591.80M | $1.01B | $876.17M | $727.33M | $952.52M | $1.07B | $946.85M | $880.23M | $622.48M | $26.76B | $11.51B |
| Low Forecast | $500.35M | $509.91M | $519.65M | $529.57M | $560.04M | $558.47M | $554.42M | $548.14M | $553.93M | $552.44M | $532.80M | $559.37M | $595.09M | $569.89M | $594.95M | $608.35M | $655.13M | $621.52M | $650.47M | $591.80M | $1.01B | $876.17M | $727.33M | $952.52M | $1.07B | $946.85M | $880.23M | $622.48M | $17.84B | $7.67B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.01% | 1.02% | 1.00% | 1.03% | 1.01% | 1.05% | 1.02% | 1.09% | 0.56% | 1.05% | 1.13% | 1.06% | 1.02% | 1.02% | 1.04% | 1.14% | 0.03% | 0.03% |
JOYY's average Quarter revenue forecast for Jun 23 based on 1 analysts is $537.20M, with a low forecast of $532.80M, and a high forecast of $542.37M. YY's average Quarter revenue forecast represents a -7.96% decrease compared to the company's last Quarter revenue of $583.63M (Mar 23).
JOYY EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $46.67M | $32.68M | $44.79M | $56.68M | $24.56M | $79.59M | $15.21M | $-103.05M | $-31.82M | $26.35M | $375.83M | $1.03B | $97.49M | $69.97M | $44.91M | $28.78M | $484.21M | $1.82M | $94.84M |
| Avg Forecast | $11.35M | $11.57M | $11.79M | $12.02M | $12.71M | $12.64M | $12.58M | $12.44M | $12.57M | $12.53M | $12.09M | $12.69M | $13.50M | $12.93M | $13.39M | $13.69M | $14.74M | $13.99M | $14.64M | $-129.85M | $22.79M | $19.72M | $16.37M | $531.57M | $24.12M | $21.31M | $19.81M | $14.01M | $10.62M | $267.38M |
| High Forecast | $11.46M | $11.68M | $11.90M | $12.13M | $12.83M | $12.72M | $12.70M | $12.56M | $12.69M | $12.65M | $12.21M | $12.81M | $13.63M | $13.05M | $13.39M | $13.69M | $14.74M | $13.99M | $14.64M | $-103.88M | $22.79M | $19.72M | $16.37M | $637.89M | $24.12M | $21.31M | $19.81M | $14.01M | $12.74M | $320.86M |
| Low Forecast | $11.26M | $11.47M | $11.69M | $11.92M | $12.60M | $12.57M | $12.48M | $12.34M | $12.47M | $12.43M | $11.99M | $12.59M | $13.39M | $12.82M | $13.39M | $13.69M | $14.74M | $13.99M | $14.64M | $-155.82M | $22.79M | $19.72M | $16.37M | $425.26M | $24.12M | $21.31M | $19.81M | $14.01M | $8.49M | $213.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 3.68% | 2.42% | 3.46% | 4.23% | 1.79% | 5.40% | 1.09% | -7.04% | 0.25% | 1.16% | 19.06% | 63.04% | 0.18% | 2.90% | 2.11% | 1.45% | 34.57% | 0.17% | 0.35% |
1 analysts predict YY's average Quarter EBITDA for Jun 23 to be $12.09M, with a high of $12.21M and a low of $11.99M. This is -74.09% lower than JOYY's previous annual EBITDA (Mar 23) of $46.67M.
JOYY Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $27.99M | $13.05M | $515.25M | $47.80M | $2.83M | $88.37M | $7.54M | $-109.35M | $-51.73M | $-1.88M | $337.39M | $986.87M | $54.38M | $24.70M | $15.43M | $6.11M | $464.82M | $-20.65M | $78.83M |
| Avg Forecast | $402.88M | $448.66M | $476.13M | $558.54M | $357.83M | $430.21M | $430.59M | $375.40M | $323.93M | $329.28M | $186.87M | $161.12M | $141.65M | $189.22M | $82.12M | $133.30M | $151.33M | $-9.90M | $-41.32M | $-211.08M | $506.15M | $460.98M | $354.72M | $296.51M | $422.88M | $382.38M | $445.45M | $3.19B | $-120.32M | $222.23M |
| High Forecast | $407.92M | $454.27M | $482.08M | $565.52M | $362.30M | $435.10M | $435.98M | $380.09M | $327.98M | $333.40M | $189.21M | $163.13M | $143.42M | $191.58M | $82.12M | $133.30M | $151.33M | $-9.90M | $-41.32M | $-168.86M | $506.15M | $460.98M | $354.72M | $355.82M | $422.88M | $382.38M | $445.45M | $3.83B | $-96.26M | $266.68M |
| Low Forecast | $398.59M | $443.88M | $471.06M | $552.59M | $354.02M | $425.32M | $426.01M | $371.40M | $320.48M | $325.78M | $184.88M | $159.40M | $140.14M | $187.20M | $82.12M | $133.30M | $151.33M | $-9.90M | $-41.32M | $-253.29M | $506.15M | $460.98M | $354.72M | $237.21M | $422.88M | $382.38M | $445.45M | $2.56B | $-144.39M | $177.79M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.17% | 0.09% | 2.72% | 0.58% | 0.02% | 0.58% | -0.76% | 2.65% | 0.25% | -0.00% | 0.73% | 2.78% | 0.18% | 0.06% | 0.04% | 0.01% | 0.15% | 0.17% | 0.35% |
JOYY's average Quarter net income forecast for Jun 23 is $186.87M, with a range of $184.88M to $189.21M. YY's average Quarter net income forecast represents a 567.73% increase compared to the company's last Quarter net income of $27.99M (Mar 23).
JOYY SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $129.57M | $142.70M | $141.01M | $122.09M | $136.46M | $138.92M | $145.95M | $213.26M | $192.00M | $181.81M | $199.79M | $186.51M | $186.65M | $213.62M | $208.93M | $208.43M | $120.76M | $72.97M | $23.98M |
| Avg Forecast | $126.13M | $128.54M | $130.99M | $133.50M | $141.18M | $140.48M | $139.76M | $138.18M | $139.63M | $139.26M | $134.31M | $141.01M | $150.01M | $143.66M | $148.75M | $152.10M | $163.79M | $155.39M | $162.63M | $147.96M | $253.19M | $219.06M | $181.84M | $238.15M | $268.02M | $236.73M | $220.07M | $155.63M | $425.13M | $67.61M |
| High Forecast | $127.34M | $129.78M | $132.25M | $134.78M | $142.53M | $141.34M | $141.10M | $139.51M | $140.98M | $140.60M | $135.60M | $142.36M | $151.45M | $145.04M | $148.75M | $152.10M | $163.79M | $155.39M | $162.63M | $147.96M | $253.19M | $219.06M | $181.84M | $238.15M | $268.02M | $236.73M | $220.07M | $155.63M | $510.16M | $81.14M |
| Low Forecast | $125.10M | $127.49M | $129.92M | $132.40M | $140.02M | $139.63M | $138.62M | $137.04M | $138.49M | $138.12M | $133.21M | $139.85M | $148.78M | $142.48M | $148.75M | $152.10M | $163.79M | $155.39M | $162.63M | $147.96M | $253.19M | $219.06M | $181.84M | $238.15M | $268.02M | $236.73M | $220.07M | $155.63M | $340.11M | $54.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.95% | 0.98% | 0.82% | 0.90% | 0.85% | 0.94% | 1.31% | 1.30% | 0.72% | 0.91% | 1.03% | 0.78% | 0.80% | 0.88% | 0.95% | 0.78% | 0.17% | 0.35% |
JOYY's average Quarter SG&A projection for Jun 23 is $134.31M, based on 1 Wall Street analysts, with a range of $133.21M to $135.60M. The forecast indicates a 3.66% rise compared to YY last annual SG&A of $129.57M (Mar 23).
JOYY EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | 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 | Sep 19 | Jun 19 | Mar 19 | Jun 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 1 | 2 | 2 | 8 | 12 | 8 | 8 | 13 | 7 | 12 | 7 | 8 | 17 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.36 | $0.18 | $7.12 | $0.66 | $0.04 | $1.20 | $0.07 | $-1.43 | $-0.68 | $-0.05 | $4.17 | $12.37 | $0.65 | $0.28 | $0.16 | $0.05 | $6.70 | $-0.32 | $1.39 |
| Avg Forecast | $6.28 | $7.00 | $7.43 | $8.71 | $5.58 | $6.71 | $6.72 | $5.86 | $5.05 | $5.14 | $2.92 | $2.51 | $2.21 | $2.95 | $1.22 | $1.99 | $2.25 | $-0.15 | $-0.62 | $-1.08 | $7.54 | $6.86 | $5.28 | $3.79 | $6.30 | $5.69 | $6.63 | $9.48 | $70.03 | $16.66 |
| High Forecast | $6.36 | $7.09 | $7.52 | $8.82 | $5.65 | $6.79 | $6.80 | $5.93 | $5.12 | $5.20 | $2.95 | $2.54 | $2.24 | $2.99 | $1.22 | $1.99 | $2.25 | $-0.15 | $-0.62 | $-1.08 | $7.54 | $6.86 | $5.28 | $3.79 | $6.30 | $5.69 | $6.63 | $9.48 | $84.06 | $19.97 |
| Low Forecast | $6.22 | $6.92 | $7.35 | $8.62 | $5.52 | $6.64 | $6.65 | $5.79 | $5.00 | $5.08 | $2.88 | $2.49 | $2.19 | $2.92 | $1.22 | $1.99 | $2.25 | $-0.15 | $-0.62 | $-1.08 | $7.54 | $6.86 | $5.28 | $3.79 | $6.30 | $5.69 | $6.63 | $9.48 | $56.00 | $13.36 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.14% | 0.08% | 2.41% | 0.54% | 0.02% | 0.53% | -0.47% | 2.32% | 0.63% | -0.01% | 0.61% | 2.34% | 0.17% | 0.04% | 0.03% | 0.01% | 0.71% | -0.00% | 0.08% |
According to 1 Wall Street analysts, JOYY's projected average Quarter EPS for Jun 23 is $2.92, with a low estimate of $2.88 and a high estimate of $2.95. This represents a 709.79% increase compared to YY previous annual EPS of $0.36 (Mar 23).
JOYY Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ATHM | Autohome | $27.29 | $70.00 | 156.50% | Hold |
| WB | $7.28 | $17.17 | 135.85% | Buy | |
| BIDU | Baidu | $83.65 | $187.18 | 123.77% | Buy |
| YY | JOYY | $36.18 | $66.50 | 83.80% | Buy |
| TME | Tencent Music Entertainment Group | $9.51 | $14.68 | 54.36% | Buy |
| DOYU | DouYu | $7.79 | $10.80 | 38.64% | Sell |
| YELP | Yelp | $34.44 | $36.29 | 5.37% | Buy |
| MOMO | Hello Group | $6.37 | $6.00 | -5.81% | Hold |
YY Forecast FAQ
Is JOYY a good buy?
Yes, according to 5 Wall Street analysts, JOYY (YY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of YY's total ratings.
What is YY's price target?
JOYY (YY) average price target is $66.5 with a range of $30 to $103, implying a 83.80% from its last price of $36.18. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will JOYY stock go up soon?
According to Wall Street analysts' prediction for YY stock, the company can go up by 83.80% (from the last price of $36.18 to the average price target of $66.5), up by 184.69% based on the highest stock price target, and down by -17.08% based on the lowest stock price target.
Can JOYY stock reach $50?
YY's average twelve months analyst stock price target of $66.5 supports the claim that JOYY can reach $50 in the near future.
What is JOYY's current price target trend?
1 Wall Street analyst forecast a $30 price target for JOYY (YY) this month, down -17.08% from its last price of $36.18. Compared to the last 3 and 12 months, the average price target decreased by -17.08% and decreased by -7.41%, respectively.
What are JOYY's analysts' financial forecasts?
JOYY's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.24B (high $2.26B, low $2.22B), average EBITDA is $50.37M (high $50.81M, low $49.98M), average net income is $1.59B (high $1.61B, low $1.58B), average SG&A $559.6M (high $564.48M, low $555.31M), and average EPS is $24.87 (high $25.17, low $24.6). YY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.08B (high $2.1B, low $2.06B), average EBITDA is $46.73M (high $47.18M, low $46.35M), average net income is $1.89B (high $1.91B, low $1.87B), average SG&A $519.16M (high $524.15M, low $514.91M), and average EPS is $29.43 (high $29.79, low $29.11).
Did the YY's actual financial results beat the analysts' financial forecasts?
Based on JOYY's last annual report (Dec 2022), the company's revenue was $2.41B, beating the average analysts forecast of $2.38B by 1.41%. Apple's EBITDA was $158.71M, beating the average prediction of $53.51M by 196.60%. The company's net income was $600M, beating the average estimation of $546.28M by 9.83%. Apple's SG&A was $542.26M, missing the average forecast of $594.52M by -8.79%. Lastly, the company's EPS was $8.15, missing the average prediction of $8.37 by -2.62%. In terms of the last quarterly report (Mar 2023), JOYY's revenue was $583.63M, beating the average analysts' forecast of $563.99M by 3.48%. The company's EBITDA was $46.67M, beating the average prediction of $12.69M by 267.69%. JOYY's net income was $27.99M, missing the average estimation of $161.12M by -82.63%. The company's SG&A was $129.57M, missing the average forecast of $141.01M by -8.11%. Lastly, the company's EPS was $0.36, missing the average prediction of $2.51 by -85.68%