JOYY Rises on Zacks Upgrade to Strong Buy After 9.1% EPS Estimate Increase
JOYY was upgraded to a Zacks Rank #1 Strong Buy after analysts raised the consensus EPS estimate for fiscal 2025 by 9.1% to $5.13. Rising earnings projections place JOYY in the top 5% of Zacks-covered stocks, signaling potential near-term buying pressure.
1. Zacks Rank Upgrade
JOYY Inc received a Zacks Rank #1 (Strong Buy) designation as consensus EPS estimates for fiscal year 2025 climbed 9.1% over three months, reaching $5.13 per share. This upgrade reflects a robust upward revision in analysts’ earnings forecasts and positions JOYY within the top 5% of Zacks-covered stocks based on estimate momentum.
2. Earnings Estimate Momentum
Earnings estimate revisions are a key driver of JOYY’s valuation, with institutional investors utilizing these changes to adjust fair-value models. The sustained rise in EPS forecasts suggests improving fundamentals for JOYY’s social media operations, likely translating into increased buying pressure and near-term upside for the stock.