Wall Street analyst estimates for The9 Limited (NCTY): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
The9 Limited, an internet enterprise established in 1999 and based in Shanghai, People's Republic of China, conducts its operations through its various subsidiaries. The company's core activities encompass digital currency mining and the oversight of NFTSTAR, its dedicated non-fungible token (NFT) trading and community platform. NFTSTAR facilitates user engagement by enabling the purchase, exchange, and interaction with various digital assets.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 0 |
| Hold | 0 |
| Sell | 3 |
| Strong Sell | 0 |
| Total analysts | 3 |
| Avg rating (1-5) | -1.00 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-08-24 | $3.00 | ||
| 2026-04-27 | $-3.06 | ||
| 2025-04-21 | $-1.97 | ||
| 2024-05-06 | $0.04 | ||
| 2023-06-30 | $-0.04 | ||
| 2023-05-01 | $-0.07 | ||
| 2022-06-30 | $-0.13 | ||
| 2022-04-04 | $-0.07 |
Valuation Ratios
| P/E Ratio | 1.91 |
| Price / Book | 0.49 |
| EV / EBITDA | -3.91 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $58.8M | $71.3M | $18.1M | $340570 | $625488 | $134.1M | $104.9M | $174.0M | $113.3M | $107.9M |
| Cost of Revenue | $50.8M | $23.2M | $17.1M | $3.2M | $769689 | $86.9M | $152.3M | $213.2M | $114.9M | $106.1M |
| Gross Profit | $8.0M | $48.1M | $1.0M | -$2.8M | -$188648 | $47.2M | -$47.4M | -$39.1M | -$1.6M | $1.8M |
| Research & Development | $81.6M | $44.0M | $25.5M | $12.1M | $2.3M | $1.9M | $2.4M | $2.0M | $868126 | $9.8M |
| Selling, General & Admin | $157.3M | $114.9M | $95.5M | $114.7M | $109.4M | $311.1M | $363.4M | $198.5M | $160.3M | $239.8M |
| Operating Expenses | $238.8M | $158.9M | $121.0M | $126.9M | -$336.9M | $313.0M | $614.2M | $200.5M | $161.2M | $249.6M |
| Operating Income | -$230.8M | -$110.8M | -$120.0M | -$129.7M | $336.7M | -$265.8M | -$661.5M | -$239.6M | -$162.8M | -$247.8M |
| EBITDA | -$212.5M | -$105.6M | -$116.2M | -$127.0M | -$111.5M | -$219.0M | -$369.6M | -$152.7M | -$100.4M | -$369.8M |
| Interest Expense | $56.5M | $83.9M | $104.8M | $34.5M | $4.1M | $119.2M | $23.3M | $31.4M | $34.2M | $23.3M |
| Pre-tax Income | -$704.1M | -$109.3M | -$248.6M | -$195.6M | $400.6M | -$411.4M | -$693.4M | -$144.3M | -$74.7M | -$408.8M |
| Income Tax | -$6.4M | 0 | 0 | 0 | $7.2M | 0 | 0 | 0 | 0 | $110000 |
| Net Income | -$707.8M | -$170.9M | -$268.1M | -$190.1M | $397.9M | -$405.9M | -$974.9M | -$138.8M | -$74.5M | -$402.4M |
| EPS | $-8502.00 | $-1572.00 | $-1245.00 | $-576.00 | $726.00 | $-234.00 | $-288.00 | $-27.00 | $-15.69 | $-51.00 |
| EPS (Diluted) | $-8502.00 | $-1572.00 | $-1245.00 | $-537.00 | $726.00 | $-234.00 | $-288.00 | $-27.00 | $-15.69 | $-51.00 |
| Shares Outstanding (Diluted) | $79580 | $111421 | $207049 | $354690 | $545333 | $1.7M | $2.4M | $4.9M | $4.7M | $7.6M |
Price
| Price | $3.90 |
| Market Cap | $59M |
| Exchange | NASDAQ |
| Country | CN |
Related companies: BLIV · INTZ · KTCC · LPSN · MFI · MOBX · SNAL
Explore sector: Financial Services · Financial - Capital Markets
More sections of NCTY: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
Discover more: Radar — undervalued stock signals · Investment Academy — learn to analyze stocks