Qifu Technology, Inc. (QFIN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Investors looking for stocks in the Technology Services sector might want to consider either Qifu Technology, Inc. (QFIN) or SPX Technologies (SPXC). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Qifu Technology, Inc. (QFIN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here is how Qifu Technology, Inc. (QFIN) and Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) have performed compared to their sector so far this year.
Qifu Technology, Inc. (QFIN) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Qifu's strong 4Q24 performance and industry-leading risk management highlight its solid execution amid China's soft macro backdrop, supporting our bullish stance on the stock. Trading at 5x 2026E EBITDA, Qifu could reach $52/share (21% upside) if valued like high-quality peers, implying 6x forward EBITDA or 8x forward earnings. Qifu's AI-driven operational efficiency and user acquisition improvements bolster its position as a key player in China's consumer finance sector.
Qifu Technology, Inc. (NASDAQ:QFIN ) Q4 2024 Results Conference Call March 17, 2025 7:30 AM ET Company Participants Karen Ji - Senior Director, Capital Markets Haisheng Wu - CEO Alex Xu - CFO Yan Zheng - Chief Risk Officer Conference Call Participants Richard Xu - Morgan Stanley Alex Ye - UBS Cindy Wang - China Renaissance Emma Xu - Bank of America Yada Li - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Qifu Technology Fourth Quarter and Full Year 2024 Earnings Conference Call. [Operator Instructions].
I own a handful of Chinese stocks, and one of the more obscure names is kicking off the new trading week by posting encouraging financial results. Qifu Technology (QFIN 10.95%) announced its fourth-quarter report on Monday morning.
Robust performance from Intelligence Credit Engine is expected to have improved Qifu Technology's top line in the fourth quarter of 2024.
Given the recent rally in QFIN shares, we assess its current position to determine whether to buy it or wait for a correction.
Qifu Technology, Inc. (QFIN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.