Analyst Price Target is $21.60
▲ +350.00% 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 350.00% upside from the last price of $4.80.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Cloopen Group.
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.