- Rakuten‘s operating income for Q3 was 537.0 million yen, surpassing the estimated loss of 2.66 billion yen.
- The company reported a net loss of 74.40 billion yen, significantly higher than the estimated net loss of 25.09 billion yen.
- Net sales reached 566.71 billion yen, exceeding the estimate of 554.09 billion yen.
- The Internet services segment generated revenue of 314.57 billion yen, above the expected 306.28 billion yen.
- Revenue from the mobile segment was 105.99 billion yen, slightly above the estimate of 105.12 billion yen.
- The fintech segment recorded revenue of 208.23 billion yen, outperforming the forecast of 203.78 billion yen.
- Analysts’ recommendations include 5 buys, 9 holds, and 1 sell for Rakuten‘s stock.
Rakuten on Smartkarma
Analyst coverage on Smartkarma reveals a positive sentiment towards Rakuten by top independent analysts. Michael Causton‘s report titled “Rakuten Mart Launching This Month” highlights the company’s thriving e-commerce operation and the upcoming launch of Rakuten Mart, an online supermarket competing with industry giants like Amazon and Aeon. Despite criticism of its mobile business, Rakuten‘s core e-commerce segment is showing strength, positioning the company well in the online food retailing sector.
Furthermore, Business Breakdowns‘ analysis “Rakuten: Rewiring Japan’s Digital Economy” sheds light on Rakuten‘s unique loyalty point system, diverse portfolio of businesses, and strong presence in Japan. While facing challenges in global expansion like Amazon, Rakuten remains a dominant brand in Japan, leveraging its loyalty point system to connect its various services. This comprehensive analyst coverage provides valuable insights into Rakuten‘s position in the market and its strategies for future growth.
A look at Rakuten Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 1 | |
Growth | 3 | |
Resilience | 4 | |
Momentum | 5 | |
OVERALL SMART SCORE | 3.0 |
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
Based on the Smartkarma Smart Scores, Rakuten shows a promising long-term outlook. With a strong momentum score of 5, the company is seen as having positive trends in its stock price. Additionally, Rakuten scores high in resilience with a score of 4, indicating its ability to weather economic challenges. This suggests that Rakuten may have a stable foundation to withstand market fluctuations over time. Moreover, the growth score of 3 signals potential for the company’s expansion and development in the future. Although the scores for value and dividend are not as high, the overall outlook for Rakuten appears favorable, especially considering its diversified Internet services offerings.
Rakuten Group, Inc. is a company that provides various Internet services, including Internet finance services such as “Rakuten Card” and “Rakuten Bank”. The company also offers digital content services like electronic book services. With a strong momentum and resilience score, Rakuten seems to be well-positioned for long-term success in the ever-evolving digital landscape. This, combined with its growth potential, indicates a positive trajectory for Rakuten in the coming years as it continues to expand its Internet services portfolio and adapt to changing market demands.
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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