NYSE:RAAS - Cloopen Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $21.60
  • Forecasted Upside: 395.41 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$4.36
▼ -0.05 (-1.13%)

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Analyst Price Target for RAAS

Analyst Price Target is $21.60
▲ +395.41% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Cloopen Group in the last 3 months. The average price target is $21.60, with a high forecast of $27.00 and a low forecast of $16.20. The average price target represents a 395.41% upside from the last price of $4.36.

This chart shows the closing price for RAAS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Cloopen Group.

Past Monthly Recommendations

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  • 0 strong buy ratings
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  • 0 hold ratings
  • 0 sell ratings
6/4/2020
  • 0 strong buy ratings
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9/2/2020
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12/1/2020
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3/1/2021
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  • 1 buy ratings
  • 1 hold ratings
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5/30/2021
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  • 1 buy ratings
  • 1 hold ratings
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8/28/2021
  • 0 strong buy ratings
  • 1 buy ratings
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  • 0 sell ratings
10/27/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/26/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/8/2021CitigroupInitiated CoverageBuy$27.00High
3/5/2021The Goldman Sachs GroupInitiated CoverageNeutral$16.20High
(Data available from 11/27/2016 forward)

News Sentiment Rating

-0.01 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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  • 0 very positive mentions
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5/1/2021
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5/31/2021
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6/30/2021
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  • 1 negative mentions
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7/30/2021
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  • 5 positive mentions
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8/29/2021
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9/28/2021
  • 2 very positive mentions
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10/28/2021
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  • 7 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
11/27/2021

Current Sentiment

  • 0 very positive mentions
  • 7 positive mentions
  • 5 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Cloopen Group logo
Cloopen Group Holding Limited, through its subsidiaries, provides cloud-based communications solutions in the People's Republic of China. The company offers a suite of cloud-based communications solutions, which include communications platform as a service solution that provides application programing interfaces and software development kits to embed messaging, voice call, audio and video, instant messaging, and other communications into enterprises' applications, services, and/or business processes; cloud-based contact centers, which offers RongCC and 7moor Cloud solutions; and cloud-based unified communications and collaborations, such as RongVideo that provides instant messaging, audio and video conferencing, and telephony solutions. It serves a customer base consisting of enterprises of various industries, including internet, telecommunications, financial services, education, industrial manufacturing, and energy. The company was founded in 2012 and is headquartered in Beijing, China.
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Today's Range

Now: $4.36
Low: $4.16
High: $4.46

50 Day Range

MA: $4.26
Low: $3.26
High: $5.30

52 Week Range

Now: $4.36
Low: $3.25
High: $59.00

Volume

1,059,570 shs

Average Volume

1,526,647 shs

Market Capitalization

$696.92 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Cloopen Group?

The following sell-side analysts have issued research reports on Cloopen Group in the last twelve months: Citigroup Inc., and The Goldman Sachs Group, Inc..
View the latest analyst ratings for RAAS.

What is the current price target for Cloopen Group?

2 Wall Street analysts have set twelve-month price targets for Cloopen Group in the last year. Their average twelve-month price target is $21.60, suggesting a possible upside of 395.4%. Citigroup Inc. has the highest price target set, predicting RAAS will reach $27.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $16.20 for Cloopen Group in the next year.
View the latest price targets for RAAS.

What is the current consensus analyst rating for Cloopen Group?

Cloopen Group currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe RAAS will outperform the market and that investors should add to their positions of Cloopen Group.
View the latest ratings for RAAS.

What other companies compete with Cloopen Group?

Other companies that are similar to Cloopen Group include SEMrush, Vtex, Vertex, monday.com, Zuora, Alkami Technology, SolarWinds, Domo, MarketWise, Grid Dynamics, ForgeRock, Agora, CS Disco, Progress Software and Porch Group.

How do I contact Cloopen Group's investor relations team?

Cloopen Group's physical mailing address is 16/F TOWER A FAIRMONT TOWER 33 GUANGSHUN N AVENUE CHAOYANG DISTRICT, BEIJING F4, 100102. The official website for Cloopen Group is www.yuntongxun.com.