Ningbo Ronbay New Energy Technology Co Ltd
SSE:688005

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Ningbo Ronbay New Energy Technology Co Ltd
SSE:688005
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Price: 37.35 CNY 1.66%
Market Cap: 26.7B CNY

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 drop 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 25.93 CNY with a low forecast of 13.13 CNY and a high forecast of 34.13 CNY.

Lowest
Price Target
13.13 CNY
65% Downside
Average
Price Target
25.93 CNY
31% Downside
Highest
Price Target
34.13 CNY
9% Downside
Ningbo Ronbay New Energy Technology Co Ltd Competitors:
Price Targets
PIE
PIE Industrial Bhd
11% Upside
HUBN
Huber+Suhner AG
11% Downside
688390
GoodWe Technologies Co Ltd
12% Downside
EMR
Emerson Electric Co
7% Upside
ALNT
Allied Motion Technologies Inc
12% Downside
6516
Sanyo Denki Co Ltd
148% Upside
ENVX
Enovix Corp
242% Upside

Revenue
Forecast

Revenue Estimate
Ningbo Ronbay New Energy Technology Co Ltd

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's revenue is 35%. The projected CAGR for the next 3 years is 16%.

35%
Past Growth
16%
Estimated Growth
Estimates Accuracy
-7%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Ningbo Ronbay New Energy Technology Co Ltd

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's operating income is 39%. The projected CAGR for the next 3 years is 33%.

39%
Past Growth
33%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Net Income
Forecast

Net Income Estimate
Ningbo Ronbay New Energy Technology Co Ltd

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's net income is 38%. The projected CAGR for the next 3 years is 45%.

38%
Past Growth
45%
Estimated Growth
Estimates Accuracy
-7%
Average Miss
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
25.93 CNY

According to Wall Street analysts, the average 1-year price target for Ningbo Ronbay New Energy Technology Co Ltd is 25.93 CNY with a low forecast of 13.13 CNY and a high forecast of 34.13 CNY.

What is Ningbo Ronbay New Energy Technology Co Ltd's Revenue forecast?
Projected CAGR
16%

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's revenue is 35%. The projected CAGR for the next 3 years is 16%.

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

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's operating income is 39%. 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
45%

For the last 7 years the compound annual growth rate for Ningbo Ronbay New Energy Technology Co Ltd's net income is 38%. The projected CAGR for the next 3 years is 45%.

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