Citi Maintains CAOCAO INC's Target Price at HKD70; Anticipates Synergies from Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 31 2025
0mins
Source: aastocks
Company Overview: CAOCAO INC (02643.HK) is focused on creating a comprehensive mobility and business travel technology platform for both individual and corporate clients through acquisitions of StarRides and Geely Business.
Market Strategy: Citi reports that targeting corporate clients and high-end users is expected to enhance CAOCAO INC's average revenue per user (ARPU) and profit margins, while fostering customer loyalty and cross-selling opportunities.
Investment Rating: The company's stock rating remains a "Buy," with a target price set at HKD70, indicating confidence in its growth potential.
Short Selling Data: As of the latest report, CAOCAO INC has experienced short selling of $376.88K, with a short selling ratio of 0.626%.
Analyst Views on 02643
Wall Street analysts forecast 02643 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02643 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 33.280
Low
Averages
High
Current: 33.280
Low
Averages
High
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
