Stock Performance: KUAISHOU-W (01024.HK) experienced a decline of 1.495%, closing at -1.100. The stock has seen significant short selling activity amounting to $966.35 million, with a short selling ratio of 23.731%.
Management Insights: Recent discussions from KUAISHOU's management focused on their advertising and e-commerce strategies tailored for short video platforms, the integration of AI into their systems, and the competitive landscape surrounding their offerings.
Goldman Sachs Analysis
Constructive Outlook: Goldman Sachs has adopted a more positive perspective on KUAISHOU, highlighting the platform's content differentiation and the strength of its community ecosystem. They also expressed optimism regarding the company's AI initiatives and the potential of its competitive positioning.
Target Price Adjustment: The target price for KUAISHOU-W has been increased from HKD 77 to HKD 83, with a recommendation to buy the stock, reflecting confidence in its future performance.
Related Information
Market Data: It is noted that the HK stock quotes are delayed by at least 15 minutes, and the short selling data is as of September 1, 2025, at 16:25.
01024
$64.1+Infinity%1D
Analyst Views on 01024
Wall Street analysts forecast 01024 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01024 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
Wall Street analysts forecast 01024 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01024 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 Buy
0 Hold
0 Sell
Current: 64.450
Low
Averages
High
Current: 64.450
Low
Averages
High
Goldman Sachs
Goldman Sachs
maintain
HKD83
2025-12-03
Reason
Goldman Sachs
Goldman Sachs
Price Target
HKD83
2025-12-03
maintain
Reason
Goldman Sachs maintained a "Buy" rating on Kuaishou (01024.HK) due to several key factors. The recent launch of "Kling O1," a unified multimodal creation tool, is expected to drive significant growth, particularly as corporate demand for Kling models has surged, now accounting for about 40% of Kuaishou's revenue. The firm anticipates that the ongoing expansion of Kuaishou's overseas business development team and the acquisition of more corporate clients in various sectors will serve as primary growth drivers over the next 1-2 years. Additionally, Goldman Sachs projects substantial revenue growth for the Kling AI business, forecasting over USD140 million in 2025 and an increase to between USD230-240 million by 2026. The potential for upward revisions in revenue forecasts for the Kling AI business in 4Q25 further supports their positive outlook, leading to a target price of HKD83.
Citi
maintain
$88
2025-12-03
Reason
Citi
Price Target
$88
2025-12-03
maintain
Reason
The analyst rating for KUAISHOU-W (01024.HK) is maintained as "Buy" by Citi due to several reasons:
1. Technological Innovation: The launch of the latest version of the Kling O1 model, which is described as the "world’s first unified multi-modal video model," is expected to significantly enhance user-generated video flexibility and efficiency. This includes improvements such as extending the maximum video length and integrating diverse instructions into a single input box.
2. Strengthening Competitive Position: Citi notes that Kuaishou is continuing to strengthen its Kling technology to maintain its leading position in the market, despite increasing competition in video generation models.
3. Valuation: The broker highlights Kuaishou's low valuation as a positive factor, suggesting that the stock is undervalued relative to its potential.
4. Target Price: Citi has set a target price of HKD88, indicating confidence in the stock's future performance.
Overall, these factors contribute to the positive outlook and the "Buy" rating despite some challenges in the e-commerce sector.
Nomura
Buy
maintain
$90 -> $77
2025-11-20
Reason
Nomura
Price Target
$90 -> $77
2025-11-20
maintain
Buy
Reason
The analyst rating from Nomura for KUAISHOU-W (01024.HK) remains a "Buy" despite lowering the target price from HKD90 to HKD77. The reasons for this rating include:
1. Strong Revenue Growth: KUAISHOU-W's 3Q25 revenue grew by 14% year-over-year, which was 1% above both Nomura's and the market's expectations.
2. Increased Profitability: The company's non-IFRS net profit increased by 26% year-over-year to RMB5 billion, exceeding market expectations by 3%. This was driven by an increase in the operating profit margin to 15%.
3. Advertising and Other Revenue: The growth in advertising revenue was in line with expectations, while a significant 41% increase in other revenue surpassed forecasts, particularly with Kling AI generating over RMB300 million.
4. Market Position: Despite a conservative guidance for 4Q25 revenue growth of 10% (below the market expectation of 12%), the overall performance and growth in other revenue streams support a positive outlook.
These factors contribute to Nomura's decision to maintain a "Buy" rating, indicating confidence in the company's long-term potential despite short-term guidance concerns.
CMBI
CMBI
Buy
upgrade
$84 -> $88
2025-11-20
Reason
CMBI
CMBI
Price Target
$84 -> $88
2025-11-20
upgrade
Buy
Reason
The analyst rating for KUAISHOU-W (01024.HK) is a "Buy" with a target price increase from HKD84 to HKD88. This positive outlook is supported by several factors: a 14% year-over-year increase in revenue that met market expectations, a 26% growth in adjusted net profit that exceeded both CMBI's and market expectations, and significant contributions from AI initiatives, particularly with Kling AI revenue surpassing RMB300 million and driving additional growth in domestic advertising revenue. Overall, the analyst expresses an upbeat outlook for the company's AI development, reinforcing the positive rating.
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.
