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Ningbo Ronbay New Energy Technology Co Ltd
SSE:688005

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Ningbo Ronbay New Energy Technology Co Ltd Logo
Ningbo Ronbay New Energy Technology Co Ltd
SSE:688005
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Price: 30.57 CNY -3.23% Market Closed
Updated: May 5, 2024

Wall Street
Price Targets

Price Targets Summary
Ningbo Ronbay New Energy Technology Co Ltd

Wall Street analysts forecast Ningbo Ronbay New Energy Technology Co Ltd stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for Ningbo Ronbay New Energy Technology Co Ltd is 44.03 CNY with a low forecast of 32.32 CNY and a high forecast of 56.7 CNY.

Lowest
Price Target
32.32 CNY
6% Upside
Average
Price Target
44.03 CNY
44% Upside
Highest
Price Target
56.7 CNY
85% Upside
Ningbo Ronbay New Energy Technology Co Ltd Competitors:
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Revenue
Forecast

Revenue Estimate
Ningbo Ronbay New Energy Technology Co Ltd

For the last 6 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's revenue is 51%. The projected CAGR for the next 3 years is 19%.

51%
Past Growth
19%
Estimated Growth
Estimates Accuracy
-7%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Ningbo Ronbay New Energy Technology Co Ltd

For the last 6 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's operating income is 58%. The projected CAGR for the next 3 years is 33%.

58%
Past Growth
33%
Estimated Growth
Estimates Accuracy
-7%
Average Miss

Net Income
Forecast

Net Income Estimate
Ningbo Ronbay New Energy Technology Co Ltd

For the last 6 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's net income is 63%. The projected CAGR for the next 3 years is 44%.

63%
Past Growth
44%
Estimated Growth
Estimates Accuracy
-13%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is Ningbo Ronbay New Energy Technology Co Ltd's stock price target?
Price Target
44.03 CNY

According to Wall Street analysts, the average 1-year price target for Ningbo Ronbay New Energy Technology Co Ltd is 44.03 CNY with a low forecast of 32.32 CNY and a high forecast of 56.7 CNY.

What is Ningbo Ronbay New Energy Technology Co Ltd's Revenue forecast?
Projected CAGR
19%

For the last 6 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's revenue is 51%. The projected CAGR for the next 3 years is 19%.

What is Ningbo Ronbay New Energy Technology Co Ltd's Operating Income forecast?
Projected CAGR
33%

For the last 6 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's operating income is 58%. The projected CAGR for the next 3 years is 33%.

What is Ningbo Ronbay New Energy Technology Co Ltd's Net Income forecast?
Projected CAGR
44%

For the last 6 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's net income is 63%. The projected CAGR for the next 3 years is 44%.