Autohome's Near-Term Business Outlook Appears Challenging -- Market Talk

Dow Jones
04-25

0702 GMT - Autohome's near-term business outlook appears challenging, Daiwa Capital Markets analysts say in a research report. The brokerage expects the Chinese online automobile sales and information service platform's media services revenue to soften in 1Q 2025 and in 2025, owing to original equipment manufacturers' lower-than-anticipated advertising budgets. Autohome's sales-lead generation also probably declined in 1Q as sales-lead demand for second-hand cars and advertising demand from dealerships dropped. Daiwa cuts its 2025-2027 earnings estimates for Autohome by 11%-14%. It lowers the American depositary receipt's target price to US$30.00 from US$35.00 and the Hong Kong-listed stock's target price to HK$58.00 from HK$70.00, both with unchanged outperform ratings. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

April 25, 2025 03:02 ET (07:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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