Meituan (HKG:3690)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
82.85
-2.65 (-3.10%)
Jun 3, 2026, 9:51 AM HKT
Market Cap527.93B -40.2%
Revenue (ttm)420.21B +5.5%
Net Income-45.74B
EPSn/a
Shares Out 6.17B
PE Ration/a
Forward PE242.13
Dividendn/a
Ex-Dividend Daten/a
Volume12,067,890
Open79.30
Previous Close85.50
Day's Range79.30 - 85.75
52-Week Range72.25 - 149.80
Beta0.20
AnalystsBuy
Price Target110.34 (+33.18%)
Earnings DateJun 1, 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]

Founded 2003
Employees 111,298
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 3690
Full Company Profile

Financial Performance

Financial numbers in CNY Financial Statements

Analyst Summary

According to 38 analysts, the average rating for 3690 stock is "Buy." The 12-month stock price target is $110.34, which is an increase of 33.18% from the latest price.

Price Target
$110.34
(33.18% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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…

12 hours ago - TheFly

US$1b windfall: how Meituan’s bets on AI, robotics outshine quarterly loss

Meituan is set to reap a sizeable financial windfall from its investments in frontier tech – including in fast-rising artificial intelligence company Zhipu AI – offering the Chinese food-delivery gian...

13 hours ago - South China Morning Post

Meituan (3690) Elevates Retail Business Amidst Competitive Landscape

Meituan (3690) Elevates Retail Business Amidst Competitive Landscape

13 hours ago - GuruFocus

Meituan Reports Reduced Losses in Q1 2026, Sees Growth Potential

Meituan Reports Reduced Losses in Q1 2026, Sees Growth Potential

19 hours ago - GuruFocus

Meituan (3690) Reports Significant Improvement in Losses, Shares Surge 8%

Meituan (3690) Reports Significant Improvement in Losses, Shares Surge 8%

21 hours ago - GuruFocus

Meituan's Business Losses Narrow, Analysts Maintain Overweight Rating

Meituan's Business Losses Narrow, Analysts Maintain Overweight Rating

23 hours ago - GuruFocus

Meituan Loss Shrinks To 6.5 Billion Yuan As Subsidy War Cools

Meituan Loss Shrinks To 6.5 Billion Yuan As Subsidy War Cools

1 day ago - GuruFocus

Meituan Reports Q1 2026 Earnings: Revenue Reaches 91 Billion (Ticker: 3690)

Meituan Reports Q1 2026 Earnings: Revenue Reaches 91 Billion (Ticker: 3690)

1 day ago - GuruFocus

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.

1 day ago - Transcripts

Meituan Earnings release: Q1 2026

Meituan released its Q1 2026 earnings on June 1, 2026, summarizing the period's financial results.

1 day ago - Filings

Meituan reports third consecutive quarterly loss as rivalry in food delivery hits margins

Chinese food and on-demand delivery giant Meituan reported its third consecutive quarterly loss as competition in the country’s food delivery market appears to be easing but broader rivalry across the...

1 day ago - South China Morning Post

Meituan Logs Another Loss Amid Food-Delivery Price War

China's top food-delivery company stayed in the red for the third consecutive quarter.

1 day ago - WSJ

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.

13 days ago - Reuters

Kimi developer Moonshot AI valued at US$20b as it navigates China’s new IPO rules

Chinese artificial intelligence start-up Moonshot AI has raised about US$2 billion in a new funding round, boosting its valuation to more than US$20 billion as it navigates Beijing’s new listing rules...

26 days ago - South China Morning Post

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.

2 months ago - Transcripts

Meituan Earnings release: Q4 2025

Meituan released its Q4 2025 earnings on March 26, 2026, summarizing the period's financial results.

2 months ago - Filings

Meituan Annual report: Q4 2025

Meituan has published its Q4 2025 annual report on March 26, 2026.

2 months ago - Filings

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.

2 months ago - WSJ

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,…

6 months ago - TheFly

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.

6 months ago - Transcripts

Meituan Earnings release: Q3 2025

Meituan released its Q3 2025 earnings on November 28, 2025, summarizing the period's financial results.

6 months ago - Filings

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.

6 months ago - WSJ

Meituan downgraded to Sell from Neutral at Arete

Arete downgraded Meituan (MPNGF) to Sell from Neutral with a HK$94 price target

9 months ago - TheFly

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…

9 months ago - TheFly

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...

9 months ago - Invezz