Stock Track | MEITU Soars 5.82% Intraday on Strong AI Revenue Growth and Goldman Sachs Buy Rating

Stock Track
06/02

MEITU's stock surged 5.82% during intraday trading on Tuesday, continuing its recent upward momentum in the market.

The significant price increase appears to be driven by multiple positive factors. According to market reports, Meitu's total app revenue grew 45% year-over-year in April, with overseas revenue surging 42% YoY and Wink's overseas revenue nearly doubling. The company's AI productivity application annual recurring revenue reached approximately RMB 580 million, representing 56.2% YoY growth.

Institutional support has also contributed to the bullish sentiment, with Goldman Sachs maintaining a "Buy" rating on MEITU with a 12-month target price of HKD 14.30, citing AI model integration as a key driver for significantly improving productivity tool ARPU. Additionally, technical factors have turned favorable as MSCI rebalancing-related passive selling pressure has fully dissipated following the recent index adjustment.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10