- Kuaishou Tech’s 3Q revenue totaled 31.13 billion yuan, closely aligning with the estimate of 31.03 billion yuan.
- Live streaming revenue amounted to 9.34 billion yuan, slightly surpassing the projected 9.21 billion yuan.
- Revenue from other services hit 4.16 billion yuan, nearly matching the expected 4.17 billion yuan.
- The adjusted EBITDA was recorded at 5.58 billion yuan, marginally above the anticipated 5.54 billion yuan.
- Gross margin reached 54.3%, outperforming the estimated 53.9%.
- Research and development expenses were 3.10 billion yuan, which is higher than the forecasted 2.95 billion yuan.
- Average monthly active users (MAUs) stood at 714.1 million, surpassing the estimate of 701.62 million.
- Selling and marketing expenses totaled 10.36 billion yuan, essentially in line with the 10.35 billion yuan estimate.
- The company’s market outlook consists of 49 buy ratings, 5 hold ratings, and 1 sell rating.
Kuaishou Technology on Smartkarma
Analysts on Smartkarma have been closely following Kuaishou Technology, providing valuable insights into the company’s performance. Brian Freitas highlighted Kuaishou as a potential inclusion for the Hang Seng Index, citing significant short interest in the stock that could trigger short covering. Meanwhile, Ying Pan maintained a bullish sentiment on Kuaishou, anticipating solid growth ahead with a target price of HK$75 despite slower GMV growth. Clarence Chu discussed a US$480 million secondary block deal related to DCM Investments’ stake in Kuaishou, emphasizing the deal dynamics in the market.
Overall, analysts like Brian Freitas and Ying Pan have shown optimism towards Kuaishou’s future, with expectations of positive performance and growth potential. These research reports provide investors with valuable insights into Kuaishou Technology‘s standing in the market and the factors influencing its stock performance.
A look at Kuaishou Technology Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing the Smartkarma Smart Scores highlight a promising long-term outlook for Kuaishou Technology. With a strong emphasis on growth and resilience, the company demonstrates robust potential for future expansion and adaptability in the ever-evolving tech landscape. Kuaishou Technology‘s impressive momentum further solidifies its position as a key player in the content community and social platform realm.
Kuaishou Technology, operating as a content community and social platform globally, receives notable scores for growth and resilience, indicating a bright future ahead. While the dividend aspect may not be a standout feature for investors, the company’s overall value and momentum present a compelling case for those considering long-term investment opportunities in the evolving digital space.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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