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NASDAQ:NAAS

NaaS Technology (NAAS) Stock Price, News & Analysis

$0.39
0.00 (-0.89%)
(As of 06/7/2024 08:52 PM ET)
Today's Range
$0.38
$0.41
50-Day Range
$0.33
$1.14
52-Week Range
$0.30
$7.33
Volume
860,400 shs
Average Volume
1.18 million shs
Market Capitalization
$100.69 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.50

NaaS Technology MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1,051.2% Upside
$4.50 Price Target
Short Interest
Healthy
1.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.90 out of 5 stars

Computer And Technology Sector

481st out of 575 stocks

Retail Stores, Not Elsewhere Classified Industry

8th out of 13 stocks

NAAS stock logo

About NaaS Technology Stock (NASDAQ:NAAS)

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers online EV charging solutions, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers' management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users. The company is headquartered in Huzhou, China.

NAAS Stock Price History

NAAS Stock News Headlines

GDT Gold Provider Certified for Cisco Powered NaaS
NAAS Jun 2024 0.500 call (NAAS240621C00000500)
Fragrance and a Watch Strap
MEF Honors NaaS Innovation and Collaboration
NaaS Technology expands Beijing EV charging network
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/10/2024
Next Earnings (Estimated)
9/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Retail stores, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:NAAS
Employees
311
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.50
High Stock Price Target
$4.50
Low Stock Price Target
$4.50
Potential Upside/Downside
+1,051.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-184,070,000.00
Net Margins
-376.49%
Pretax Margin
-379.29%

Debt

Sales & Book Value

Annual Sales
$45.08 million
Book Value
($0.03) per share

Miscellaneous

Free Float
211,212,000
Market Cap
$100.69 million
Optionable
Optionable
Beta
0.98
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Key Executives

  • Ms. Wang Yang (Age 35)
    CEO & Director
  • Mr. Alex Wu (Age 42)
    President, CFO & Director
  • Ms. Ye Wu
    Chief Strategy Officer

NAAS Stock Analysis - Frequently Asked Questions

Should I buy or sell NaaS Technology stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NaaS Technology in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NAAS shares.
View NAAS analyst ratings
or view top-rated stocks.

What is NaaS Technology's stock price target for 2024?

1 brokers have issued 12-month target prices for NaaS Technology's stock. Their NAAS share price targets range from $4.50 to $4.50. On average, they anticipate the company's share price to reach $4.50 in the next twelve months. This suggests a possible upside of 1,051.2% from the stock's current price.
View analysts price targets for NAAS
or view top-rated stocks among Wall Street analysts.

How have NAAS shares performed in 2024?

NaaS Technology's stock was trading at $1.52 at the beginning of 2024. Since then, NAAS stock has decreased by 74.3% and is now trading at $0.3909.
View the best growth stocks for 2024 here
.

Are investors shorting NaaS Technology?

NaaS Technology saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,450,000 shares, an increase of 74.1% from the April 30th total of 832,900 shares. Based on an average daily trading volume, of 1,180,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.8% of the shares of the stock are short sold.
View NaaS Technology's Short Interest
.

When is NaaS Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, September 13th 2024.
View our NAAS earnings forecast
.

How were NaaS Technology's earnings last quarter?

NaaS Technology Inc. (NASDAQ:NAAS) issued its earnings results on Thursday, May, 9th. The company reported ($0.07) earnings per share for the quarter. The company had revenue of $13.33 million for the quarter. NaaS Technology had a negative net margin of 376.49% and a negative trailing twelve-month return on equity of 885.88%.

When did NaaS Technology's stock split?

Shares of NaaS Technology reverse split before market open on Monday, June 10th 2024. The 1-20 reverse split was announced on Monday, June 10th 2024. The number of shares owned by shareholders will be adjusted after the market closes on Monday, June 10th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of NaaS Technology?

Shares of NAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NAAS) was last updated on 6/10/2024 by MarketBeat.com Staff

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