Haier Smart Home Stock (6690) Slips on GE Appliances Manufacturing Shift
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2025
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Source: TipRanks
Haier Smart Home Stock Reaction: Haier Smart Home's stock fell 3.02% after its subsidiary GE Appliances announced a $490 million investment to shift washing machine production from China to Kentucky, creating 800 jobs and aiming to avoid tariffs imposed by the U.S. government.
Analyst Ratings and Stock Outlook: Despite the recent decline in stock value, analysts maintain a consensus rating of Strong Buy for Haier Smart Home, with an average price target suggesting a potential upside of 46.62%.
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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.
