Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Cheche Group Inc. - Class A Ordinary Shares Market Cap
Based on ratings from 0 stock analysts, the Cheche Group Inc. - Class A Ordinary Shares stock price is expected to decrease by 59.92% in 12 months. This is calculated by using the average 12-month stock price forecast for Cheche Group Inc. - Class A Ordinary Shares. The lowest target is $0.34472 and the highest is $0.34472. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned CCG 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cheche Group Inc. - Class A Ordinary Shares to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CCG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CCG.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
Maxim Group | Buy | $2.5 | Initiates | Oct 11, 2024 |
Wunderlich Securities | Hold | Downgrade | Jan 21, 2016 | |
Raymond James | Underperform | Downgrade | Oct 26, 2015 | |
Citigroup | Neutral | $7.25 | Maintains | Mar 31, 2015 |
RBC Capital | Underperform | $6.5 | Downgrade | Mar 20, 2015 |
Wunderlich Securities | Buy | $8.25 | Upgrade | Feb 17, 2015 |
Citigroup | Neutral | $7.5 | Maintains | Nov 25, 2014 |
MLV & Co. | Hold | $7 | Maintains | Nov 12, 2014 |
Wunderlich Securities | Hold | $7.5 | Maintains | Nov 5, 2014 |
Wunderlich Securities | Hold | $9 | Downgrade | Jul 31, 2014 |
Barclays | Equal-Weight | $11 | Maintains | Jul 21, 2014 |
B of A Securities | Underperform | $8 | Downgrade | Jun 13, 2014 |
Barclays | Equal-Weight | $10 | Maintains | Apr 14, 2014 |
Wunderlich Securities | Buy | $10 | Maintains | Feb 28, 2014 |
Baird | Neutral | $9 | Downgrade | Feb 27, 2014 |
B of A Securities | Neutral | Downgrade | Feb 27, 2014 | |
Wunderlich Securities | Buy | $11.5 | Maintains | Jan 31, 2014 |
Barclays | Equal-Weight | $11 | Maintains | Jan 28, 2014 |
Wunderlich Securities | Buy | $13.5 | Initiates | Oct 4, 2013 |
McNicoll Lewis Vlak | Buy | $17 | Maintains | Apr 15, 2013 |
When did it IPO
2023
Staff Count
635
Country
China
Sector/Industry
Communication Services/Internet Content & Information
CEO
Mr. Lei Zhang
Market Cap
$69.6M
In 2023, CCG generated $3.30B in revenue, which was a increase of 23.23% from the previous year. This can be seen as a signal that CCG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cheche Group Inc. reported Q3 2024 net revenue of RMB850.5 million, up 3.3% YoY. Year-to-date revenue for 2024 reached RMB2.5 billion, a 2.3% increase from 2023.
Why It Matters - Cheche Group's steady revenue growth signals resilience in the auto insurance sector, which may attract investor confidence and indicate potential for future performance.
Wed, 20 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cheche Group Inc. will hold a conference call on November 26, 2024, at 8:00 a.m. EST to discuss Q3 2024 results. Earnings release and investor materials will be available prior to the call.
Why It Matters - Cheche Group's upcoming earnings call may reveal key financial performance insights, impacting stock valuation and investor sentiment regarding the company's growth and market position.
Thu, 21 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cheche Group Inc. received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its shares closed below $1.00 for 30 consecutive days. No immediate delisting.
Why It Matters - Cheche Group's non-compliance with Nasdaq's bid price requirement raises concerns about its financial health, potentially impacting investor confidence and stock performance.
Mon, 30 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cheche Group Inc. (NASDAQ: CCG) announced that CEO Lei Zhang has purchased Class A ordinary shares in the open market, signaling potential confidence in the company's performance.
Why It Matters - Insider buying often signals confidence in a company's future, potentially boosting investor sentiment and stock prices for Cheche Group Inc.
Tue, 01 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cheche Group Inc. (NASDAQ: CCG) has formed a strategic partnership with Tokio Marine & Nichido Fire Insurance (China) to enhance offerings in various insurance lines, expanding its market presence.
Why It Matters - Cheche's partnership with TMNCH enhances its market position in China's insurance sector, potentially driving growth and improving investor confidence in its future profitability.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cheche Group Inc. (NASDAQ: CCG) has partnered with Laoyou Insurance Brokerage Co., enhancing its position in China's auto insurance technology sector.
Why It Matters - Cheche's partnership with Laoyou Insurance could enhance its market position and growth potential in China's auto insurance sector, likely impacting stock performance positively.
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