Meituan’s Stock Price Plummets to 96.50 HKD, Experiencing a 3.06% Drop – A Detailed Outlook on its Performance

Meituan (3690)

96.50 HKD -3.05 (-3.06%) Volume: 80.74M

Meituan’s stock price stands at 96.50 HKD, experiencing a decline of 3.06% this trading session with a substantial trading volume of 80.74M, illustrating a significant YTD decrease of 36.42%, reflecting the volatile performance of the 3690 stock market listing.

Latest developments on Meituan

Meituan has been in the spotlight recently as it reported a third-quarter loss amidst a fierce price war in China’s food delivery market. The battle between Meituan, Alibaba, and JD.com has incurred a staggering $14 billion in costs over two quarters, leading to Meituan‘s EBIT miss and first quarterly loss. Despite this, there are signs of potential value behind Meituan‘s recent share price rebound. Analysts have mixed views, with JPM cutting Meituan‘s target price due to increased competition, while Goldman Sachs maintains a buy rating but lowers the stock price target. The market has reacted, with Meituan‘s stock slipping and facing challenges ahead. With forecasts of larger losses in the fourth quarter, Meituan‘s future remains uncertain in the midst of intense competition and financial pressures.

Meituan on Smartkarma

Analysts on Smartkarma have differing views on Meituan‘s future outlook. Ming Lu, with a bearish stance, highlighted concerns over Meituan‘s revenue growth rate dropping to 2% YoY in 3Q25 and the continuation of a discount campaign despite authorities’ warnings. Lu expects a downside of 30% for Meituan in the next twelve months. On the other hand, αSK takes a bullish stance, emphasizing Meituan‘s dominant position in China’s online-to-offline services industry and its strategic investments in technology for long-term growth. Despite near-term headwinds, αSK believes in Meituan‘s strong foundation for future profitability.

In addition, Gaudenz Schneider’s analysis focuses on the volatility of popular HK stocks, including Meituan, and how upcoming November earnings are shaping the term structure. Meanwhile, Devi Subhakesan’s bearish view on Meituan stems from concerns over prolonged subsidy wars and lack of competitive discipline in China’s on-demand retail sector. Trung Nguyen’s bullish perspective acknowledges Meituan‘s weaker Q2/25 performance but highlights the company’s strategic moves to protect its market share amidst intense competition in the food delivery market.

A look at Meituan Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Meituan‘s long-term outlook appears promising, with a strong focus on growth and resilience according to Smartkarma Smart Scores. The company scored high in growth, indicating a positive trajectory for expanding its operations and market presence. Additionally, Meituan received a good score for resilience, suggesting its ability to withstand economic challenges and market fluctuations. These factors bode well for the company’s future sustainability and success in the competitive market.

While Meituan shows potential for growth and resilience, its scores in value and dividend are relatively lower. This indicates that the company may not be as attractive for investors seeking immediate returns or undervalued stocks. However, with a solid momentum score, Meituan is likely to maintain its current performance and continue to capture market opportunities in the online consumer products and services sector in China.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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