Back    Zoom +    Zoom -
<Research>CMBI: KUAISHOU-W Earnings Growth Resilient; Rating Buy
Recommend
21
Positive
48
Negative
15
CMBI released a report, revealing that it had recently participated in the investor exchange day of KUAISHOU-W (01024.HK). At the event, the management disclosed that it will drive the healthy development and growth of the ecosystem in the future by enhancing user activity, improving retention rates, and strengthening the synergy between content and commercialization.

The report also pointed out that Kuaishou's goal is to heighten its core commercial revenue growth and adjusted net profit margin to over 20%. CMBI was optimistic that Kuaishou's advertising and e-commerce business revenue growth can continue to outperform, juicing earnings growth. It was expected that earnings will have a CAGR of 43% from 2024 to 2026. The target price of $92 and Buy rating remained unchanged.

Related NewsBOCOMI: CN E-commerce Valuations Still Low; BABA-W May Ride on Southbound Connect, Higher Monetization Capability

AAStocks Financial News