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<Research>Citi Expects KUAISHOU-W (01024.HK) 1Q Results to Be in Line w/ Rating Buy
Recommend 34 Positive 69 Negative 37 |
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Citi Research issued a research report expecting that KUAISHOU-W (01024.HK) will announce its 1Q26 results at the end of May. The broker estimated the Company's revenue and adjusted earnings to be largely in line with market consensus. Affected by new tax policies in the e-commerce sector introduced in 4Q25, Citi Research maintained its previous forecast, and predicted its 1Q26 GMV growth to slow to high-single-digit rate. Citi Research believed that, despite lackluster performance in its e-commerce business, KUAISHOU-W remains a positive investment given the enormous potential of Kling AI. Therefore, the broker rated KUAISHOU-W at Buy, with a target price of $72. Auto-translated by AI AASTOCKS Financial News |
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