360 DigiTech Stock Buy or Sell? QFIN Stocks Forecast

Market Capitalization: 2 455 882 000 $
EBITDA: 7 938 330 000 $
Price to Earnings: 4.434
Quarterly Earnings Growth YOY: 0.123
Quarterly Revenue Growth YOY: 0.033
Trailing PE: 4.434
Forward PE: 3.271
Shares Outstanding: 161465000






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360 DigiTech Stock Buy or Sell? QFIN Stocks Analytic Forecasts

Updated on February 24, 2024 (09:16)

360 DigiTech, Inc. (QFIN prediction charts) Sector: Financial

We present you the most up-to-date and complete review of analytical trend forecasts and views on the QFIN stock market. Experts share their opinions on what to expect from the 360 DigiTech, Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell 360 DigiTech stocks.

360 DigiTech, Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy QFIN Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of The Value Pendulum and is titled

“Qifu Technology: Still Neutral Considering Fundamentals And Valuations”

is published on December 22 (2023) and has 0 likes. The review predicts Neutral market trend.

It summarize the following theses:

  • Qifu Technology’s share price declined in the recent month despite beating Q3 2023 consensus projections, as a result of loan volume contraction and asset quality concerns.
  • Qifu Technology’s capital-light model transition has been progressing at a slower-than-expected pace, as the company wants to strike a balance between profitability and risk.
  • The market values QFIN at an appealing low-single-digit P/E multiple, and the company has been returning a greater proportion of its excess capital to shareholders in recent times.
  • Considering both the stock’s fundamentals and valuations, a Hold rating for QFIN is justified.

The author starts his analytic review with the following:

Elevator Pitch I rate Qifu Technology, Inc. (NASDAQ:QFIN) shares as a Hold.

This author is very popular among the auditory. He has 11331 followers

The Value Pendulum is the contributor of experts community since 2012 and has a great number of published articles – 2242.


One more noteworthy article is written by James Foord under the title

“Qifu Technology: China Could Surprise Us”

on October 12 (2023) and has 0 likes. The expert reflects Bullish trend of the market.

Нis theses make you think about whether to add QFIN stocks to your investment portfolio or not, and helps to work out your own 360 DigiTech stock selling strategies:

  • Qifu Technology is a Chinese Credit-Tech firm that provides digital lending services to consumers and SMEs.
  • Q2 2023 results showed a decline in revenue but an increase in net income, leading to a restrained stock market response.
  • The company’s long-term growth outlook is positive, with projections for the Chinese consumer credit tech market to grow.

James Foord starts analysis with such words:

Thesis Summary Qifu Technology, Inc. (NASDAQ:QFIN) is a Chinese based Credit-Tech firm. It’s a digital lending company that provides accessible and personalized credit services to consumers and SMEs. Qifu Technology utilizes big data, machine learning, and AI to streamline its target audience’s decision-making process. Its consumer-based target audience comprises young urban Chinese professionals doing white-collar jobs.

This author is very popular among the auditory. He has 17961 followers

James Foord is the contributor of experts community since 2020. Has published at least 510 articles.


Another analysis presented by John N. Hoang came out on August 8 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for QFIN stocks. It sounds like

“Undervalued And Underrated: How Qifu Technology Is A Compelling Story Of Profitable Growth”

Article has got 0 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the 360 DigiTech, Inc., the expert says the following:

  • Qifu Technology is an undervalued Credit-Tech player in China with a compelling growth story fueled by advanced technological credit assessment.
  • Qifu Technology is well-positioned to capitalize on the growing Chinese fintech market, with the potential for multi-growth returns and sustained profitability.
  • With a forward dividend yield of 4.08% and trading at a forward EV/EBITDA multiple of just 3.0x, the stock price offers an irresistible margin of safety for contrarian investors.

And here, what comes first:

I going to make a greatest artwork as I can, by my head, my hand and by my mind.

The expert’s Followers level is low yet – less 100, but that will probably change soon.

John N. Hoang is the contributor of experts community since 2023 and has 4 reviews published.


The Share Price of 360 DigiTech, Inc. (QFIN) for now

What analysts predict: $23.07
52-week high/low: $21.3 / $12.69

50/200 Day Moving Average: $14.74 / $15.93

The average stock price over the previous 50/200 days. For 360 DigiTech stocks, the 50-day moving average is the resistance level for now. For QFIN stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for QFIN stock with charts and tables

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