Kogan's Update Looks Positive Despite Revenue Miss -- Market Talk

Dow Jones
05/26

0446 GMT - Kogan.com's trading update has plenty to offer its bull at RBC Capital Markets despite the online retailer's revenue lagging expectations so far in the June half. Analyst Wei-Weng Chen acknowledges that top-line growth is a miss, but is supportive of the fact that weakness appears to be confined to the Australian company's long-laboring Mighty Ape division. Chen tells clients in a note that core revenue growth is actually tracking ahead of expectations, while gross profit and Ebitda margins are both above where consensus sees them for the whole of the half-year. RBC has a last-published outperform rating and A$6.50 target price on the stock, which is up 18% at A$4.05. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

May 26, 2026 00:46 ET (04:46 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

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