Back    Zoom +    Zoom -
<Research>M Stanley: POP MART Strategy Focuses on Sustainable Growth; Sales Growth Turns More Positive Next Yr
Recommend
30
Positive
53
Negative
30
POP MART (09992.HK)'s sales growth outlook until 2026 turns more positive, as the company has not fully deployed all its levers by 2025, Morgan Stanley's report wrote. Its ongoing tactical adjustments highlighted a clear focus on business quality and sustainable growth. The rating on POP MART was Overweight with a target price of HKD382.

Morgan Stanley stated that Labubu pre-orders gave rise to 3Q25 results beat, while Pop Mart resumed its in-stock sales model to better manage product lifecycle and promote recurring customer growth. Management expected strong 4Q25 sales on more festive events and robust products in the pipeline.

Related NewsHSBC Research Expects POP MART to Grow Through Internationalization; Rating Kept Buy w/ TP HKD392.5

AASTOCKS Financial News
Website: www.aastocks.com