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Cloud Music Inc. (HK:9899)
:9899
Hong Kong Market
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Cloud Music Inc. (9899) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

9899 Financial Forecast

9899 Earnings Forecast

The previous quarter’s earnings for 9899 were HK$2.44.
The previous quarter’s earnings for 9899 were HK$2.44.

9899 Sales Forecast

The previous quarter’s earnings for 9899 were HK$4.28B.
The previous quarter’s earnings for 9899 were HK$4.28B.

Detailed List of Analyst Forecasts​

Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
CLSA
HK$165
Buy
46.15%
Upside
Initiated
10/18/24
CLSA Starts Cloud Music Inc (9899:HK) at Outperform (2)CLSA analyst Maggie Ye initiates coverage on Cloud Music Inc (9899:HK) with a Outperform (2) rating and a price target of HK$165.00.
CMB International Securities
HK$115
Buy
1.86%
Upside
Reiterated
08/26/24
Buy Rating Affirmed for Cloud Music Inc. on Robust H1 2024 Performance and Strong Growth Prospects
Jefferies
HK$110
Buy
-2.57%
Downside
Reiterated
08/26/24
Jefferies Keeps Their Buy Rating on Cloud Music Inc. (9899)

Best Analysts Covering Cloud Music Inc.

Which Analyst Should I Follow If I Want to Buy HK:9899 and Sell After:
1 Month
xxx
Success Rate
3/3 ratings generated profit
100%
Average Return
+10.00%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +10.00% per trade.
3 Months
xxx
Success Rate
3/3 ratings generated profit
100%
Average Return
+20.93%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +20.93% per trade.
1 Year
Thomas ChongJefferies
Success Rate
3/3 ratings generated profit
100%
Average Return
+25.00%
reiterated a buy rating 5 months ago
Copying Thomas Chong's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +25.00% per trade.
2 Years
xxx
Success Rate
3/3 ratings generated profit
100%
Average Return
+33.80%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +33.80% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

9899 Analyst Recommendation Trends

Rating
Aug 23
Feb 24
Mar 24
Aug 24
Oct 24
Strong Buy
0
0
0
0
0
Buy
3
4
4
4
4
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
3
4
4
4
4
In the current month, 9899 has received 4 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. 9899 average Analyst price target in the past 3 months is HK$165.00.
Each month's total comprises the sum of three months' worth of ratings.
Stocks with the Highest Top Analyst Consensus in the Communication Services Sector
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9899 Stock Forecast FAQ

What is HK:9899’s average 12-month price target, according to analysts?
Based on analyst ratings, Cloud Music Inc.’s 12-month average price target is HK$165.00.
    What is HK:9899’s upside potential, based on the analysts’ average price target?
    Cloud Music Inc. has 46.15% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Cloud Music Inc. a Buy, Sell or Hold?
          Cloud Music Inc. has a consensus rating of Moderate Buy, which is based on 0 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Cloud Music Inc.’s share price target?
            The average share price target for Cloud Music Inc. is HK$165.00. This is based on 0 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is HK$165.00 ,and the lowest forecast is HK$165.00. The average share price target represents 46.15% Increase from the current price of HK$112.9.
              What do analysts say about Cloud Music Inc.?
              Cloud Music Inc.’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 0 Wall Streets Analysts.
                How can I buy shares of Cloud Music Inc.?
                To buy shares of HK:9899, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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