Should I Buy CNET? CNET 2026 Analysis

Should You Buy ZW Data Action Technologies Inc (CNET) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Sell

Latest Price

1.210

1 Day change

-1.63%

52 Week Range

2.780

Analysis Updated At

2026/01/28

CNET is not a good buy right now for a beginner long-term investor with $50k–$100k. The stock is in a bearish trend (long-term downtrend structure), has sharply deteriorating YoY revenue/earnings in the latest quarter, and there are no supportive catalysts, analyst upgrades, or proprietary buy signals today. For an impatient investor who doesn’t want to wait for a cleaner setup, the current risk/reward is unfavorable—avoid/skip this name for now.

Technical Analysis

Trend/Setup: Bearish. Moving averages are stacked negatively (SMA_200 > SMA_20 > SMA_5), which typically signals a sustained downtrend. Momentum: MACD histogram is slightly above zero (0.00722) but contracting, implying weak bullish momentum that is fading rather than strengthening. RSI: RSI_6 at 38.899 is near the lower end of neutral (not deeply oversold), suggesting there isn’t a strong mean-reversion “bounce” signal yet. Key levels: Pivot 1.286. Immediate support S1 1.229 (then S2 1.193). Resistance R1 1.343 (then R2 1.379). With price ~1.24, it’s sitting just above support—if S1 breaks, downside risk increases. Pattern-based forecast (similar candlesticks): 80% chance of -0.22% next day, -0.88% next week, +5.25% next month—near-term bias is weak/negative. **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): no signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.

Options Data

Positive Catalysts

- Upcoming earnings date: 2026-02-12 (after hours) could act as an event catalyst if results/forward commentary surprise positively.
- Gross margin improved YoY (to 5.71, +235.88% YoY), suggesting some cost/price improvements (though off a weak base).

Neutral/Negative Catalysts

showed severe contraction: revenue -46.99% YoY, EPS -96.23% YoY, net income down sharply (still negative). That’s not supportive for a long-term entry.

Financial Performance

Latest reported quarter: 2025/Q3. - Revenue: 1,717,000 (down -46.99% YoY) — strong negative top-line trend. - Net Income: -108,000 (down -94.36% YoY) — still unprofitable and deteriorating versus last year. - EPS: -0.04 (down -96.23% YoY) — earnings power weakening. - Gross Margin: 5.71 (up +235.88% YoY) — improved margin, but not enough to offset the sharp revenue decline. Overall: Growth trend is negative; the quarter does not support a long-term “buy now” decision.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating or price target changes were provided in the data, suggesting limited/unclear Wall Street coverage. Pros from a Wall Street lens can’t be established here (no upgrades/targets), while the cons dominate based on fundamentals: shrinking revenue, losses, and a bearish price trend.

Analyst Rating

Wall Street analysts forecast CNET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNET is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy

Hold