NASDAQ:NAAS NaaS Technology (NAAS) Stock Price, News & Analysis → Nvidia is Pivoting to Solve Big Tech’s $1 Trillion Problem (From Weiss Ratings) (Ad) Free NAAS Stock Alerts $0.33 -0.04 (-9.86%) (As of 05/31/2024 08:51 PM ET) Add Compare Share Share Today's Range$0.33▼$0.3750-Day Range$0.33▼$1.2452-Week Range$0.33▼$7.68Volume821,900 shsAverage Volume1.19 million shsMarket Capitalization$85.00 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get NaaS Technology alerts: Email Address NaaS Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside1,263.6% Upside$4.50 Price TargetShort InterestHealthy1.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.19Based on 10 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.67 out of 5 starsComputer And Technology Sector477th out of 596 stocksRetail Stores, Not Elsewhere Classified Industry9th out of 14 stocks 3.5 Analyst's Opinion Consensus RatingNaaS Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageNaaS Technology has received no research coverage in the past 90 days.Read more about NaaS Technology's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.75% of the float of NaaS Technology has been sold short.Short Interest Ratio / Days to CoverNaaS Technology has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NaaS Technology has recently increased by 74.09%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNaaS Technology does not currently pay a dividend.Dividend GrowthNaaS Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NAAS. Previous Next 2.9 News and Social Media Coverage News SentimentNaaS Technology has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for NaaS Technology this week, compared to 3 articles on an average week.Search Interest4 people have searched for NAAS on MarketBeat in the last 30 days. MarketBeat Follows2 people have added NaaS Technology to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NaaS Technology insiders have not sold or bought any company stock.Percentage Held by Insiders18.00% of the stock of NaaS Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 1.83% of the stock of NaaS Technology is held by institutions.Read more about NaaS Technology's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of NaaS Technology is -0.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of NaaS Technology is -0.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about NaaS Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyI’m afraid WWIII is a very real possibility As one top U.S. cyber official claims: This [tech] is “the most powerful weapon of our time.” That's also why I've produced this new film.Take a look. About NaaS Technology Stock (NASDAQ:NAAS)NaaS Technology Inc. provides electric vehicle (EV) charging services in China. The company offers online EV charging solutions, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers' management, order management, load management, and membership management. It also provides offline EV charging solutions comprising site selection, hardware procurement, engineering, procurement, and construction, station maintenance, energy storage, and customer support services. In addition, the company offers electricity procurement services to charging stations, as well as other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels. It serves charger manufacturers, EV OEMS, and end-users. The company is headquartered in Huzhou, China.Read More NAAS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NAAS Stock News HeadlinesJune 2 at 3:12 AM | americanbankingnews.comNaaS Technology Stock to Reverse Split on Monday, June 10th (NASDAQ:NAAS)June 2 at 2:00 AM | americanbankingnews.comNaaS Technology (NASDAQ:NAAS) Stock Set to Reverse Split on Monday, June 10thMay 28, 2024 | finance.yahoo.comGDT Gold Provider Certified for Cisco Powered NaaSMay 28, 2024 | msn.comAceng roots for regional vaccine manufacturingMay 28, 2024 | msn.comRIL set for African safari with 5G techMay 28, 2024 | finance.yahoo.comNAAS Jun 2024 0.500 call (NAAS240621C00000500)May 9, 2024 | finance.yahoo.comNaaS Technology Inc. Reports Unaudited 2024 First Quarter Financial ResultsMay 8, 2024 | msn.comUAE: AI to ‘eliminate’ 40% of back-office jobs globally, says expertMay 6, 2024 | prnewswire.comNaaS Technology Inc. to Report 2024 First Quarter Unaudited Financial Results on May 9, 2024 Eastern TimeApril 29, 2024 | finance.yahoo.comAI Networking Innovator Nile Continues to Expand its Executive Team; Adding Stephen Patak as CRO and Surbhi Kaul as VP, Customer ExperienceApril 29, 2024 | forbes.comFuture Self-Driving EVs Must Plug Themselves In. How Will They?April 28, 2024 | msn.comMegaport share price sinks 8% despite juiced-up growth forecastApril 26, 2024 | msn.comMaking History: ASPIRE to Launch Inaugural ‘Abu Dhabi Autonomous Racing League' Redefining Future of Extreme Sport on April 27April 26, 2024 | forbes.comUlysse Nardin Unveils Sand Storm With $148,300 Freak S NomadApril 24, 2024 | finance.yahoo.comNaaS Technology and its Parent Company, NewLink, Join the Open Invention Network CommunityApril 23, 2024 | finance.yahoo.comAI Networking Innovator Nile Expands its Executive Team, Adding Industry Veteran Bill Choi as CFOApril 16, 2024 | finance.yahoo.comMATRIXX Software to Speak at Linux Foundation ONE SummitApril 15, 2024 | msn.comMan arrested after discovery of body in KildareApril 14, 2024 | nytimes.comFragrance and a Watch StrapApril 12, 2024 | finance.yahoo.comNaaS Technology Commits to Gender Equality and Women's Empowerment by Signing WEPsApril 12, 2024 | prnewswire.comNewLink Included Again in Global Unicorn Index by Hurun Research InstituteApril 10, 2024 | markets.businessinsider.comMEF Honors NaaS Innovation and CollaborationApril 9, 2024 | nytimes.comBrand Beats Its Own Record for Most Complicated WatchApril 9, 2024 | finance.yahoo.comBCN Welcomes Andrea Wilhelm as Partner Sales DirectorApril 4, 2024 | uk.investing.comNaaS Technology expands Beijing EV charging networkSee More Headlines Receive NAAS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NaaS Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today6/03/2024Next Earnings (Estimated)9/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Retail stores, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:NAAS CUSIPN/A CIK1712178 Webwww.enaas.com Phone861085511066Fax86-10-6538-8409Employees311Year FoundedN/APrice Target and Rating Average Stock Price Target$4.50 High Stock Price Target$4.50 Low Stock Price Target$4.50 Potential Upside/Downside+1,263.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.85) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-184,070,000.00 Net Margins-376.49% Pretax Margin-379.29% Return on Equity-885.88% Return on Assets-49.07% Debt Debt-to-Equity Ratio3.26 Current Ratio1.15 Quick Ratio1.12 Sales & Book Value Annual Sales$45.08 million Price / Sales1.89 Cash FlowN/A Price / Cash FlowN/A Book Value($0.09) per share Price / Book-3.67Miscellaneous Outstanding Shares257,580,000Free Float211,212,000Market Cap$85.00 million OptionableOptionable Beta1.14 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMs. Wang Yang (Age 35)CEO & Director Mr. Alex Wu (Age 42)President, CFO & Director Ms. Ye WuChief Strategy OfficerKey CompetitorsBright Scholar EducationNYSE:BEDU51Talk Online Education GroupNYSE:COEFour Seasons Education (Cayman)NYSE:FEDUSkillful Craftsman Education TechnologyNASDAQ:EDTKTarena InternationalNASDAQ:TEDUView All Competitors NAAS Stock Analysis - Frequently Asked Questions Should I buy or sell NaaS Technology stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NaaS Technology in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NAAS shares. View NAAS analyst ratings or view top-rated stocks. What is NaaS Technology's stock price target for 2024? 1 brokers have issued 12-month price objectives for NaaS Technology's stock. Their NAAS share price targets range from $4.50 to $4.50. On average, they anticipate the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 1,263.6% from the stock's current price. View analysts price targets for NAAS or view top-rated stocks among Wall Street analysts. How have NAAS shares performed in 2024? NaaS Technology's stock was trading at $1.52 at the start of the year. Since then, NAAS stock has decreased by 78.3% and is now trading at $0.33. View the best growth stocks for 2024 here. Are investors shorting NaaS Technology? NaaS Technology saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,450,000 shares, an increase of 74.1% from the April 30th total of 832,900 shares. Based on an average daily volume of 1,180,000 shares, the short-interest ratio is currently 1.2 days. Approximately 1.8% of the shares of the stock are sold short. View NaaS Technology's Short Interest. When is NaaS Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, September 13th 2024. View our NAAS earnings forecast. How were NaaS Technology's earnings last quarter? NaaS Technology Inc. (NASDAQ:NAAS) announced its quarterly earnings results on Thursday, May, 9th. The company reported ($0.07) EPS for the quarter. The company had revenue of $13.33 million for the quarter. NaaS Technology had a negative net margin of 376.49% and a negative trailing twelve-month return on equity of 885.88%. When did NaaS Technology's stock split? NaaS Technology's stock reverse split on Monday, June 10th 2024. The 1-20 reverse split was announced on Monday, June 10th 2024. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, June 10th 2024. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. How do I buy shares of NaaS Technology? Shares of NAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:NAAS) was last updated on 6/3/2024 by MarketBeat.com Staff From Our PartnersDoes this make you sick?Allegiance GoldAlert: Your Bank is Dying – Act Now or Lose Everything!Priority GoldNext President (Not Trump. Not Biden.)The Freeport SocietyTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceHistoric Crash Could Wipe Away Your 401k (Govt Debt Explosion)Birch GoldPrepare for a Recession Unlike Any OtherAmerican Hartford Gold Group"Trump Loophole" Beats InflationColonial Metals Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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