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Meitu ( (HK:1357) ) has issued an announcement.
Meitu reported strong operating momentum in the first quarter of 2026, with paying subscribers rising 30.2% year on year to more than 17.9 million, driven by faster growth in productivity apps, which surged 52.9% to 2.34 million users, while leisure app subscribers climbed 27.4% to 15.56 million. Revenue from the core photo, video and design business grew 34.3% to RMB852 million after exiting the lower-contribution stock photo segment, and AI-driven productivity offerings saw annual recurring revenue jump 56.2% to RMB580 million, underpinned by a sharp increase in paid AI credit consumption across products like Kaipai, RoboNeo, Designkit and Vmake.
The company highlighted that integration of AI agent capabilities has significantly boosted AI credit usage, suggesting deeper user engagement and strengthening both subscription and usage-based revenue streams. Management’s decision to report monthly active users only on a semi-annual basis signals a focus on longer-term user trends rather than short-term marketing-driven volatility, while the unaudited nature of the figures and caution to investors underscore that the data are preliminary but indicate continued progress in Meitu’s AI and globalisation strategy.
The most recent analyst rating on (HK:1357) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on Meitu stock, see the HK:1357 Stock Forecast page.
More about Meitu
Meitu, Inc. is a Hong Kong–based technology company focused on photo, video and design applications for both leisure and productivity use. The group has been pushing an AI-driven product strategy and globalisation of its app portfolio, with a revenue model centered on subscriptions and usage-based monetisation across its creative and imaging platforms.
Average Trading Volume: 62,259,761
Technical Sentiment Signal: Sell
Current Market Cap: HK$19.31B
For a thorough assessment of 1357 stock, go to TipRanks’ Stock Analysis page.