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<Research>M Stanley Hikes POP MART (09992.HK) Revenue/ Profit Forecast, Assigns Overweight Rating
Recommend 8 Positive 23 Negative 3 |
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POP MART (09992.HK) manifested sales growth of 245-250% in 3Q25, well above the broker's forecast of 180% and faster than the approximately 235% growth in 2Q25, Morgan Stanley's research report indicated. In view of 3Q25 results, Morgan Stanley raised its earnings forecast on POP MART, predicting the company's net profit for 2025-27 will spike 291%/ 25%/ 21% YoY. Revenue forecasts were revised up by 5-8%, to growth of 190%/ 26%/ 20%. The target price remained unchanged at HKD382, with an Overweight rating. AASTOCKS Financial News Website: www.aastocks.com |
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