The price of ATHM is predicted to go up -8.3%, based on the high correlation periods with IDT. The similarity of these two price pattern on the periods is 97.15%.
ATHM
IDT
Autohome's leadership in user traffic would enable the company to maintain a stable growth outlook for the media services and lead generation segments.
Given its large user traffic, Autohome enjoys bargaining power with automakers and dealers, hence there is still upside in the listing price it can charge customers.
The company's recent initiatives in the new energy vehicle space, such as its Energy Space franchise stores, have great potential in helping automakers to broaden their customer reach and penetrate lower-tier cities.