09992 Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

0 Analyst Rating

Wall Street analysts forecast 09992 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 09992 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: 190.700

Low

Averages

High

Current: 190.700

Low

Averages

High

UBS

Buy

downgrade

$435 -> $380

2025-12-01

Reason

UBS

Price Target

$435 -> $380

2025-12-01

downgrade

Buy

Reason

The analyst rating for POP MART (09992.HK) is a "Buy" based on several factors highlighted in the UBS research report. Despite the company's sales exceeding expectations, management is prioritizing long-term development over reckless expansion. They are addressing weaknesses related to rapid growth by optimizing internal structures, channel operations, IP management, and supply chain capabilities. This strategic focus aims to align the internal system with current sales and establish a solid foundation for future growth. Additionally, the company plans to launch new product series during the peak season in the fourth quarter, although some product launches, such as Labubu 4.0, are postponed to next year due to a decline in popularity. UBS has adjusted the target price to HKD 380 from HKD 435, reflecting updated higher Beta coefficient assumptions based on the cash flow discount model. Overall, the combination of strategic management focus and planned product launches supports the "Buy" rating.

BofA Securities

maintain

$400

2025-11-28

Reason

BofA Securities

Price Target

$400

2025-11-28

maintain

Reason

The analyst rating from BofA Securities for POP MART (09992.HK) is based on several key reasons: 1. Enhanced IP Operations: The company is continuously improving its intellectual property (IP) operations in the US market, which is seen as a significant positive development. 2. Increased Exposure: The character Labubu has gained substantial visibility through various high-profile events, such as the Macy's Thanksgiving Parade and appearances at notable locations like the Empire State Building and NBA games, which have attracted attention on social media. 3. Strategic Offline Activities: Since the fourth quarter of 2025, POP MART has launched more offline IP activities, including a pop-up store for Skullpanda and collaborations with popular media, which are expected to drive engagement and sales. 4. Positive Outlook for 2025: The broker believes that the high season in the US during the fourth quarter of 2025 may provide strong support for the company's results, which could alleviate investor concerns about the following year. 5. Valuation and Growth Projections: BofA Securities maintains a Buy rating with a target price of $400, suggesting that the current valuation reflects a projected 2026 price-to-earnings (PE) ratio of 15x, along with a forecasted compound annual growth rate (CAGR) of 34% in net profit from 2025 to 2027. These factors collectively contribute to the positive analyst rating for POP MART.

Morgan Stanley

maintain

HKD382

2025-10-30

Reason

Morgan Stanley

Price Target

HKD382

2025-10-30

maintain

Reason

The analyst rating for POP MART (09992.HK) is Overweight, with a target price of HKD382. This positive outlook is based on several factors highlighted in Morgan Stanley's report: 1. Sales Growth Outlook: The sales growth outlook for POP MART until 2026 has turned more positive, indicating that the company has not yet fully utilized all its growth levers by 2025. 2. Tactical Adjustments: The company is making ongoing tactical adjustments that emphasize a focus on business quality and sustainable growth. 3. Strong Pre-orders: The report notes that Labubu pre-orders contributed to better-than-expected results for 3Q25. 4. Sales Model Resumption: POP MART has resumed its in-stock sales model, which is expected to help manage product lifecycle effectively and promote recurring customer growth. 5. Positive Management Expectations: Management anticipates strong sales in 4Q25 due to more festive events and a robust product pipeline. These factors collectively support the positive analyst rating and target price for the company.

HSBC

HSBC Global Research

maintain

$392.5

2025-10-28

Reason

HSBC

HSBC Global Research

Price Target

$392.5

2025-10-28

maintain

Reason

The analyst rating for POP MART (09992.HK) is a "Buy" based on the company's strong 3Q25 operational data and its potential for growth through direct-to-consumer (D2C) expansion and internationalization. HSBC Global Research believes that despite market reactions and differing interpretations of the data, POP MART has the capability to overcome challenges and continue developing as an IP-based trend toy platform. The target price is maintained at HKD392.5, reflecting confidence in the company's future prospects.

CICC

Outperform

upgrade

$370

2025-10-22

Reason

CICC

Price Target

$370

2025-10-22

upgrade

Outperform

Reason

The analyst rating for POP MART (09992.HK) was maintained at "Outperform" by CICC due to several key factors: 1. Strong Revenue Growth: The company reported a significant year-over-year revenue increase of 245-250%, with particularly impressive growth in both the Chinese (185-190%) and overseas markets (365-370%). 2. Beating Expectations: The revenue growth exceeded the expectations of both the broker and the market, indicating strong performance. 3. New Product Launches: The growth was attributed to new launches in flagship product lines, which contributed to the overall revenue surge. 4. Accelerated Production Capacity: There was a faster release of production capacity, which is expected to support continued growth, especially in overseas markets during peak seasons. 5. Revised Profit Forecasts: CICC raised its adjusted net profit forecasts for 2025 and 2026 by 20% and 21%, respectively, reflecting confidence in the company's future performance. 6. Valuation Considerations: The current stock price corresponds to a lower adjusted PE ratio compared to the new consumption sector, suggesting that the stock may be undervalued. 7. Target Price: CICC set a target price of $370, which corresponds to adjusted PE ratios of 35x for 2025 and 27x for 2026, indicating a positive outlook on the stock's potential. Overall, the combination of strong growth, positive revisions in profit forecasts, and favorable valuation metrics led to the "Outperform" rating.

Morgan Stanley

maintain

$382

2025-10-22

Reason

Morgan Stanley

Price Target

$382

2025-10-22

maintain

Reason

The analyst rating for POP MART (09992.HK) was upgraded to Overweight by Morgan Stanley due to the company's impressive sales growth of 245-250% in 3Q25, which significantly exceeded the broker's forecast of 180% and was faster than the 235% growth in 2Q25. As a result of these strong results, Morgan Stanley raised its earnings forecast for the company, predicting substantial net profit growth of 291% in 2025, followed by 25% and 21% in the subsequent years. Additionally, revenue forecasts were also revised upward by 5-8%. Despite these positive adjustments, the target price remained unchanged at HKD382.

Valuation Metrics

The current forward P/E ratio for POP MART (09992.HK) is 15.75, compared to its 5-year average forward P/E of 31.33. For a more detailed relative valuation and DCF analysis to assess POP MART 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

31.33

Current PE

15.75

Overvalued PE

50.70

Undervalued PE

11.95

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

18.14

Current EV/EBITDA

10.74

Overvalued EV/EBITDA

30.82

Undervalued EV/EBITDA

5.46

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

7.15

Current PS

5.53

Overvalued PS

11.98

Undervalued PS

2.31

Financials

Annual

Quarterly

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

09992 News & Events

Events Timeline

No data

News

5.0

12-10aastocks

POP MART Names Andrew Wu, Former Group President of LVMH Greater China, as Non-Executive Director

2.0

12-10aastocks

Short Selling Activity Reaches $16B, Accounting for 20.6% of Eligible Securities Turnover by Midday

4.5

12-09aastocks

Net Inflow of HKD877.6M from Southbound Trading to TENCENT

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Frequently Asked Questions

What is POP MART (09992) stock price today?

The current price of 09992 is 190.7 USD — it has decreased -1.75 % in the last trading day.

What is POP MART (09992)'s business?

What is the price predicton of 09992 Stock?

Wall Street analysts forecast 09992 stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for 09992 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.

What is POP MART (09992)'s revenue for the last quarter?

POP MART revenue for the last quarter amounts to NaN USD, decreased % YoY.

What is POP MART (09992)'s earnings per share (EPS) for the last quarter?

POP MART. EPS for the last quarter amounts to USD, decreased % YoY.

What changes have occurred in the market's expectations for POP MART (09992)'s fundamentals?

The market is revising No Change the revenue expectations for 09992 for , with the revenue forecasts being adjusted by % over the past three months. During the same period, the stock price has changed by %.

How many employees does POP MART (09992). have?

POP MART (09992) has 0 emplpoyees as of December 15 2025.

What is POP MART (09992) market cap?

Today 09992 has the market capitalization of 0.00 USD.