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<Research>CICC Keeps Outperform on KE Holdings w/ TP USD25
Recommend 2 Positive 4 Negative 2 |
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KE Holdings (BEKE.US) has announced its results for 3Q25, revealing that its revenue met market expectations with an increase of 2.1% YoY to RMB23.1 billion, while its adjusted net profit beat market forecasts with a fall of 27.8% YoY to RMB1.29 billion, primarily attributable to effective expense management, according to a CICC research report. Upbeat about the competitiveness and development prospects of its one-stop residential service platform, CICC decided to keep KE Holdings' Outperform rating unchanged. CICC also maintained KE Holdings' target price at USD25, given its promising cost reduction and efficiency improvement achievements and the medium- to long-term profit flexibility of its core and new businesses, despite uncertainty in the short-term profit release pace. AAStocks Financial News |
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