Cloopen Group Holding Limited (RAAS) Forecast, Price Target & Analyst Ratings

NYSE:RAAS • US18900M2035

Current stock price

1.13 USD
-0.02 (-1.74%)
At close:
1.15 USD
+0.02 (+1.77%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Cloopen Group Holding Limited (RAAS).

Forecast Snapshot

Consensus Price Target

Price Target
$9.67
+ 755.72% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jun 6, 2023
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.86%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$9.67
Upside
+ 755.72%
From current price of $1.13 to mean target of $9.67, Based on 7 analyst forecasts
Low
$9.57
Median
$9.67
High
$9.95

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for RAAS. The average price target is 9.67 USD. This implies a price increase of 755.72% is expected in the next year compared to the current price of 1.13.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

RAAS Current Analyst RatingRAAS Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

RAAS Historical Analyst RatingsRAAS Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
82.86%
RAAS was analyzed by 7 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about RAAS.
In the previous month the buy percentage consensus was at a similar level.
RAAS was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jun 6, 2023

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

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Full Analyst Estimates 2021

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2018 2019 2020 2021
Revenue
YoY % growth
RAAS revenue by date.RAAS revenue by date.
501.5M650.3M
29.67%		767.7M
18.05%		1.104B
43.81%
EBITDA
YoY % growth
RAAS ebitda by date.RAAS ebitda by date.
-166.7M-167.5M
-0.48%		-274.7M
-64.00%		N/A
EBIT
YoY % growth
RAAS ebit by date.RAAS ebit by date.
-174.4M-175.8M
-0.80%		-283.3M
-61.15%		-450.84M
-59.14%
Operating Margin
RAAS operating margin by date.RAAS operating margin by date.
-34.78%-27.03%-36.90%-40.84%
EPS
YoY % growth
RAAS eps by date.RAAS eps by date.
N/AN/AN/A-8.48
-134.94%

All data in CNY

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in CNY

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

RAAS Yearly Revenue VS EstimatesRAAS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 200M 400M 600M 800M 1B
RAAS Yearly EPS VS EstimatesRAAS Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 -2 -4 -6 -8

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Cloopen Group Holding Limited / RAAS Forecast FAQ

Can you provide the average price target for Cloopen Group Holding Limited stock?

7 analysts have analysed RAAS and the average price target is 9.67 USD. This implies a price increase of 755.72% is expected in the next year compared to the current price of 1.13.

What is the next earnings date for RAAS stock?

Cloopen Group Holding Limited (RAAS) will report earnings on 2023-06-06.

What is the consensus rating for Cloopen Group Holding Limited (RAAS) stock?

The consensus rating for Cloopen Group Holding Limited (RAAS) is 82.8571 / 100 . This indicates that analysts generally have a positive outlook on the stock.