Earnings and Growth Analysis : Cloopen Group (NYSE:RAAS)


Earnings results for Cloopen Group (NYSE:RAAS)

Cloopen Group Holding Limited is expected* to report earnings on 06/10/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021.

Cloopen Group last announced its earnings data on March 26th, 2021. The reported ($11.54) earnings per share (EPS) for the quarter. The business had revenue of $39.65 million for the quarter. Cloopen Group has generated $0.00 earnings per share over the last year. Cloopen Group has confirmed that its next quarterly earnings report will be published on Thursday, June 10th, 2021.

Analyst Opinion on Cloopen Group (NYSE:RAAS)

2 Wall Street analysts have issued ratings and price targets for Cloopen Group in the last 12 months. Their average twelve-month price target is $21.60, predicting that the stock has a possible upside of 122.45%. The high price target for RAAS is $27.00 and the low price target for RAAS is $16.20. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Cloopen Group has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $21.60, Cloopen Group has a forecasted upside of 122.5% from its current price of $9.71. Cloopen Group has received no research coverage in the past 90 days.

Dividend Strength: Cloopen Group (NYSE:RAAS)

Cloopen Group does not currently pay a dividend. Cloopen Group does not have a long track record of dividend growth.

Insiders buying/selling: Cloopen Group (NYSE:RAAS)

In the past three months, Cloopen Group insiders have not sold or bought any company stock. Only 20.28% of the stock of Cloopen Group is held by institutions.

Earnings and Valuation of Cloopen Group (NYSE:RAAS

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