The KE Holdings Inc. (BEKE) share price is expected to increase by 23.68% over the next year. This is based on calculating the average 12-month share price estimate provided by 22 stock analysts who have covered BEKE. Price targets range from $17.6929 at the low end to $32.80159 at the high end. The current analyst consensus for BEKE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 22 Wall Street analysts have assigned BEKE 21 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect KE Holdings Inc. to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BEKE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BEKE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jiong Shao Barclays | Overweight | $33 | Maintains | Nov 25, 2024 |
Miranda Zhuang B of A Securities | Buy | $28 | Upgrade | Oct 30, 2024 |
Miranda Zhuang B of A Securities | Neutral | $24 | Maintains | Oct 9, 2024 |
Jiong Shao Barclays | Overweight | $30 | Maintains | May 29, 2024 |
Harry Chen Citigroup | Buy | $21.1 | Maintains | Mar 19, 2024 |
Max Liang HSBC | Buy | $21.8 | Maintains | Mar 15, 2024 |
Jin Yoon New Street Research | Buy | $22 | Initiates | May 9, 2023 |
Alex Yao JP Morgan | Overweight | $23.5 | Maintains | Apr 10, 2023 |
Jiong Shao Barclays | Overweight | $28 | Maintains | Mar 30, 2023 |
Alex Yao JP Morgan | Overweight | $23 | Upgrade | Jan 12, 2023 |
Alex Yao JP Morgan | Neutral | $17 | Maintains | Dec 6, 2022 |
Jiong Shao Barclays | Overweight | $27 | Maintains | Oct 28, 2022 |
Morgan Stanley | Overweight | Upgrade | Aug 31, 2022 | |
Jiong Shao Barclays | Overweight | $26 | Maintains | Aug 25, 2022 |
Max Liang HSBC | Buy | $20.8 | Upgrade | Jun 23, 2022 |
Citigroup | Buy | Initiates | Jun 21, 2022 | |
Alex Yao JP Morgan | Neutral | $13.5 | Upgrade | May 16, 2022 |
Morgan Stanley | Overweight | $16 | Upgrade | Mar 16, 2022 |
Alex Yao JP Morgan | Underweight | $7.5 | Downgrade | Mar 14, 2022 |
Jiong Shao Barclays | Overweight | $24 | Maintains | Mar 11, 2022 |
When did it IPO
2020
Staff Count
122,599
Country
China
Sector/Industry
Real Estate/Real Estate Services
CEO
Mr. Yongdong Peng
Market Cap
$23.08B
In 2023, BEKE generated $77.78B in revenue, which was a increase of 28.20% from the previous year. This can be seen as a signal that BEKE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - KE Holdings (BEKE) received a hold rating as analysts await evidence of sustained demand in China's property market. Q3 2024 earnings showed 12.5% GTV and 26.8% revenue growth despite challenges.
Why It Matters - A hold rating on KE Holdings signals cautious optimism, while strong earnings and growth in tier 1 cities suggest potential for recovery in the Chinese property market, impacting investor sentiment.
Summary - KE Holdings Inc. (NYSE: BEKE) will host its Q3 2024 earnings conference call on November 21, 2024, at 7:00 AM ET, featuring key executives and analysts from major financial firms.
Why It Matters - KE Holdings' Q3 2024 earnings call signals upcoming financial performance insights, impacting stock valuation and investor sentiment. Analyst participation suggests heightened market interest.
Summary - KE Holdings Inc. (NYSE: BEKE, HKEX: 2423) announced its unaudited financial results for Q3 2024, ending September 30. Further details on performance were not provided in the excerpt.
Why It Matters - KE Holdings' Q3 financial results can signal its market performance and growth trajectory, impacting stock valuations and investor sentiment for both NYSE and HKEX listings.
Summary - KE Holdings Inc. (NYSE: BEKE; HKEX: 2423) will report its Q3 2024 unaudited financial results on November 21, 2024, before U.S. market opening.
Why It Matters - The upcoming Q3 2024 financial results from KE Holdings may impact stock performance, influencing investor sentiment and market positioning based on growth or profitability indicators.
Summary - KE Holdings (BEKE) shows a hammer chart pattern, suggesting support after recent declines. Upward revisions in earnings estimates may signal a potential trend reversal.
Why It Matters - The hammer pattern suggests potential price stabilization for KE Holdings, while rising earnings estimates indicate investor confidence, signaling a possible upward trend ahead.
Summary - Demand for the country's enterprises remains strong due to ongoing optimism about their future, influenced by rising global tensions.
Why It Matters - Increased demand for domestic enterprises amid global tensions suggests potential growth and stability, impacting stock prices and investment strategies positively.