Stock Price Prediction

Noah Holdings (NOAH) is currently rated "Hold" by Morgan Stanley with a price target of $13.00, reflecting challenges such as declining domestic insurance revenue and restructuring in Mainland China. Despite cost-saving measures and overseas growth, uncertainties in the macroeconomic environment and reduced recurring fees weigh on its valuation. The stock appears fairly valued at its current level, with limited upside potential in the near term.

NOAH stock is bearish, closing at $10.58 on January 31, 2025, down 3.82% in regular trading. Morgan Stanley's downgrade to "Hold" with a $13 target reflects declining domestic insurance revenue and restructuring challenges in China. Weak Q3 2024 results, including an 8.8% revenue drop, further pressure the stock despite cost-saving measures and overseas growth efforts.