Meituan (HKG:3690)
Hong Kong · Delayed Price · Currency is HKD | Market Cap | 478.32B -32.7% |
| Revenue (ttm) | 441.98B +6.3% |
| Net Income | -44.39B |
| EPS | -7.33 |
| Shares Out | 6.17B |
| PE Ratio | n/a |
| Forward PE | 29.53 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 33,405,003 |
| Open | 76.55 |
| Previous Close | 77.50 |
| Day's Range | 76.20 - 78.40 |
| 52-Week Range | 63.65 - 109.70 |
| Beta | 0.23 |
| Analysts | Buy |
| Price Target | 110.39 (+41.99%) |
| Earnings Date | Aug 28, 2026 |
About Meituan
Meituan operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers daily goods and services, such as food delivery, in-store, hotel and travel booking, and other services and sales; bike sharing, e-moped sharing, power banks and micro-credit; and operates Kuailv and Xiaoxiang Supermarkets. It also sells goods from B2B food distribution services; provides online marketing services to merch... [Read more]
Analyst Summary
According to 38 analysts, the average rating for 3690 stock is "Buy." The 12-month stock price target is $110.39, which is an increase of 41.99% from the latest price.
News
Meituan Earnings Call Transcript: Q2 2026
Revenue grew 14.4% year-over-year to RMB 104.6 billion, with net profit turning positive and strong performance across core local commerce and new initiatives. AI integration, grocery expansion, and overseas growth drove efficiency gains, while disciplined capital allocation and share buybacks continued.
Meituan Earnings release: Q2 2026
Meituan released its Q2 2026 earnings on August 28, 2026, summarizing the period's financial results.
Meituan Returns to Profit as Food-Delivery Competition Eases
The results snapped a three-quarter streak of losses for the Chinese shopping-and-delivery platform.
Meituan swings to profit in Q2 as price wars subside
Chinese food delivery giant Meituan on Friday swung to profit and exceeded revenue growth estimates as a year of bruising, subsidy-fuelled competition in China's one-hour delivery market showed furt...
Apple veteran's Chinese smart-glasses firm becomes unicorn as Tencent, Meituan fund rival to Meta
The global smart glasses category surged, with Meta controlling nearly 70% of market share. More than half of Even Realities' user base is located in the United States, while approximately 80% of its ...
Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent
Meta and Snap rolled out new smart glasses last month, the latest sign that the industry is racing to put a camera and an AI assistant onto users' faces. As the fast-growing market heats up, upstarts ...
China's ‘Companion Economy' Is Here. Watch These Stocks.
Consumers are paying for hiking partners, dinner companions, and emotional support. China's next consumption story may be less about products than services that make life feel less solitary.
Meituan upgraded to Buy from Hold at Benchmark
Benchmark upgraded Meituan (MPNGF) to Buy from Hold with a HK$110 price target citing a “solid” Q1 report and, “more importantly, increasing confidence that the worst of the earnings pressure…
Meituan Earnings Call Transcript: Q1 2026
Q1 2026 saw revenue rise 5.6% to CNY 91B, with narrowed losses and strong growth in grocery retail and overseas markets. AI integration advanced, and operational efficiency improved across segments, despite competitive and regulatory challenges.
Meituan Earnings release: Q1 2026
Meituan released its Q1 2026 earnings on June 1, 2026, summarizing the period's financial results.
Meituan Logs Another Loss Amid Food-Delivery Price War
China's top food-delivery company stayed in the red for the third consecutive quarter.
Brazil's iFood sues Meituan-backed Keeta over alleged espionage
Brazilian food delivery app iFood, owned by Dutch investment group Prosus , is suing rival Keeta, controlled by Chinese group Meituan , for alleged unfair competition in Brazil.
Meituan Earnings Call Transcript: Q4 2025
Double-digit growth in GTV and transaction volume was achieved in 2025, with strong user engagement and expanded AI initiatives. Q4 revenue rose 4.1% year-over-year, while operating losses narrowed sequentially. Overseas and grocery retail segments showed robust growth, supported by strategic investments.
Meituan Earnings release: Q4 2025
Meituan released its Q4 2025 earnings on March 26, 2026, summarizing the period's financial results.
Meituan Annual report: Q4 2025
Meituan has published its Q4 2025 annual report on March 26, 2026.
Meituan Posts Quarterly Loss as Price War Continues
The Chinese food-delivery giant continued to bleed from a brutal price war, posting a second straight quarter in the red.
Meituan downgraded to Hold from Buy at Benchmark
Benchmark downgraded Meituan (MPNGF) to Hold from Buy and removed the firm’s prior HK$145 price target on shares in anticipation of a prolonged period of heightened competition across food delivery,…
Meituan Earnings Call Transcript: Q3 2025
Q3 2025 saw 2% revenue growth to RMB 95.5B, but higher costs and intense competition led to a RMB 16B adjusted net loss. User and merchant engagement, AI investment, and new initiatives like Keeta's overseas expansion remain strong, with long-term profitability expected as competition rationalizes.
Meituan Earnings release: Q3 2025
Meituan released its Q3 2025 earnings on November 28, 2025, summarizing the period's financial results.
Meituan Posts First Loss in Nearly Three Years
The Chinese shopping-and-delivery platform has been aggressively offering discounts to attract customers, a move seen as necessary to defend its market share against Alibaba's Ele.me and JD.com.
Meituan downgraded to Sell from Neutral at Arete
Arete downgraded Meituan (MPNGF) to Sell from Neutral with a HK$94 price target
Meituan price target lowered to $10 from $15 at Barclays
Barclays analyst Jiong Shao lowered the firm’s price target on Meituan (MPNGF) to $10 from $15 and keeps an Underweight rating on the shares. The company’s core local commerce operating…
Meituan share price has imploded: will it recover or fall further?
Meituan share price imploded today, Aug. 28, reaching its lowest level since September last year. This crash was a continuation of a downtrend that started in October last year, when it peaked at $217...
Meituan's Wang Xing Suffers $1.1 Billion Wealth Dip Due To Subsidy War
Wang Xing, founder of Chinese food delivery leader Meituan, saw his wealth plunge $1.1 billion during morning trading Thursday as his company's Hong Kong-listed shares sank as much as 11.3% after it a...
Meituan Earnings Call Transcript: Q2 2025
Revenue rose 11.7% year-over-year to RMB 91.8B, but profits declined due to fierce competition and higher incentives. Core local commerce and new initiatives saw strong user and order growth, while strategic investments and cost controls remain in focus.