Back    Zoom +    Zoom -
<Research>CMBI Raises KUAISHOU-W's TP to HKD88, Positive on AI Development
Recommend
6
Positive
17
Negative
4
According to a CMBI research report, KUAISHOU-W (01024.HK) saw a 14% YoY increase in revenue last quarter, aligning with the broker's and the market's expectations.

On top of that, KUAISHOU-W's adjusted net profit, backed by improved operational efficiency, logged a growth of 26%, beating CMBI's and the market's expectations by around 3% and 2%, respectively.

Related NewsUBS Tweaks Down KUAISHOU-W's TP to HKD95; 4Q Guidance Largely in Line
The value of AI empowerment across KUAISHOU-W's various businesses is becoming evident, with the Kling AI revenue surpassing RMB300 million in 3Q25, once again exceeding expectations, and AI further driving an additional 4-5% growth in domestic advertising revenue. CMBI holds an upbeat outlook for the company's AI development.

KUAISHOU-W's target price was lifted from HKD84 to HKD88, with a Buy rating remaining in place.
AAStocks Financial News