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Kuaishou Technology Class B (HK:1024)
HKEX:1024
Holding HK:1024?
Track your performance easily
See the Price Targets and Ratings of:
1024 Analyst Ratings
Moderate Buy
8 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
1024 Stock 12 Month Forecast
Average Price Target
HK$63.92
▲(59.20% Upside)
| Highest Price TargetHK$92.00 | Average Price TargetHK$63.92 | Lowest Price TargetHK$45.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
UOB Kay Hian
Reiterated
09/16/24
Nomura
Reiterated
08/22/24
J.P. Morgan
Reiterated
08/22/24
Macquarie
Reiterated
08/21/24
CLSA
Reiterated
08/21/24
CMB International Securities
Reiterated
08/21/24
Bernstein
Reiterated
08/21/24
Goldman Sachs
Reiterated
08/21/24
Jefferies
Reiterated
08/21/24
Morgan Stanley
HK$70→HK$55
Hold
36.99%
Upside
Downgraded
07/04/24
Morgan Stanley Downgrades Kuaishou Technology (1024:HK) to EqualweightMorgan Stanley analyst Alex Poon downgraded Kuaishou Technology (1024:HK) from Overweight to Equalweight with a price target of HK$55.00 (from HK$70.00).
HSBC
HK$78→HK$72
Buy
79.33%
Upside
Reiterated
03/21/24
Kuaishou Technology (1024:HK) PT Lowered to HK$72 at HSBCHSBC analyst Charlene Liu lowered the price target on Kuaishou Technology (1024:HK) to HK$72.00 (from HK$78.00) while maintaining a Buy rating.
Mizuho Securities
HK$85
Buy
111.71%
Upside
Reiterated
03/20/24
We believe the company is a growth and margin-expansion story, enhancing its advertising capabilities while investing for new opportunities in live streaming ecommerce. Our PT of HKD85 is based on 11x 2025E EV/EBITDA multiple, in line with global peers but at discount to high-growth commerce platforms. Bull: If the company can successfully execute on its advertising business with improved ad loads, increased eCPMs, while also maintaining or growing user engagement, and executing on its monetization and growth of livestreaming-based ecommerce, we believe margin expansion and revenue growth will accelerate, resulting in an estimated revenue CAGR of 17% and a EBITDA margin of 23%, above our estimates of 15% and 21%, respectively. At a result, we believe the stock would deserve a higher multiple at 15x FY25 EV/EBITDA; our bull case PT is HKD110.
Best Analysts Covering Kuaishou Technology Class B
Which Analyst Should I Follow If I Want to Buy HK:1024 and Sell After:
1 Month
xxx
Success Rate
6/14 ratings generated profit
Average Return
+0.15%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 42.86% of your transactions generating a profit, with an average return of +0.15% per trade.
3 Months
xxx
Success Rate
2/5 ratings generated profit
Average Return
-10.58%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 40.00% of your transactions generating a profit, with an average return of -10.58% per trade.
1 Year
Success Rate
1/5 ratings generated profit
Average Return
-18.26%
reiterated a buy rating last month
Copying Ellie Jiang's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -18.26% per trade.
2 Years
xxx
Success Rate
1/5 ratings generated profit
Average Return
-18.26%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 20.00% of your transactions generating a profit, with an average return of -18.26% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
1024 Analyst Recommendation Trends
Rating
May 24
Jun 24
Jul 24
Aug 24
Sep 24
Strong Buy
6
3
4
9
9
Buy
7
4
4
2
1
Hold
4
2
3
3
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
17
9
11
14
13
Each month's total comprises the sum of three months' worth of ratings.
1024 Financial Forecast
1024 Stock Forecast FAQ
What is HK:1024’s average 12-month price target, according to analysts?
Based on analyst ratings, Kuaishou Technology Class B’s 12-month average price target is HK$63.92.
What is HK:1024’s upside potential, based on the analysts’ average price target?
Kuaishou Technology Class B has 59.20% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is Kuaishou Technology Class B a Buy, Sell or Hold?
Kuaishou Technology Class B has a consensus rating of Moderate Buy, which is based on 8 buy ratings, 3 hold ratings and 0 sell ratings.
What is Kuaishou Technology Class B’s share price target?
The average share price target for Kuaishou Technology Class B is HK$63.92. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is HK$92.00 ,and the lowest forecast is HK$45.00. The average share price target represents 59.20% Increase from the current price of HK$40.15.
The highest analyst share price target is HK$92.00 ,and the lowest forecast is HK$45.00. The average share price target represents 59.20% Increase from the current price of HK$40.15.
What do analysts say about Kuaishou Technology Class B?
Kuaishou Technology Class B’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of Kuaishou Technology Class B?
To buy shares of HK:1024, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.