Pop Mart 9992

[winston]

vested

Pop Mart Q3 revenue surges despite investor concerns over growth sustainability

Third-quarter revenue grew as much as 2.5 times.

Revenue in the Chinese market increased by up to 190 percent during the quarter, while overseas revenue jumped by up to 370 percent.

Source: The Standard

https://www.thestandard.com.hk/wealth-a ... le/314717/

[winston]

vested

Brokers' Latest TPs/ Opinions for POP MART Post-3Q25 Sales Data

Broker│ Rating│ Target Price (HKD)
UBS│Buy│432-> 435
Citi│Buy│398-> 415
BofA Securities│Buy│400
HSBC Global Research│Buy│379-> 392.5
Jefferies│Buy│358.2-> 383.2
Nomura│Buy│372
CLSA│Outperform│368
JPMorgan│Overweight│320-> 350
Goldman Sachs│Neutral│350

Broker│ Opinion

UBS│ Local and overseas quarterly results significantly beat expectations, welcoming peak season

Citi│ 3Q25 results continued to be strong

BofA Securities│ Quarterly results significantly beat expectations, easing market concerns; results forecasts raised and rating was reiterated at Buy

HSBC Global Research│ 3Q25 results were strong

Jefferies│ Another strong performing quarter

Nomura│ 3Q25 sales growth accelerated again

CLSA│ Resilience persisted

JPMorgan│3Q25 results beat expectations; 4Q25 results are expected to be stronger, benefiting from production capacity and holidays

Goldman Sachs│ Quarterly revenue growth accelerated beyond expectations compared to 1H25; focus on peak season sales momentum

Source: AAStocks Financial New

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

vested

<Research>M Stanley: POP MART Strategy Focuses on Sustainable Growth; Sales Growth Turns More Positive Next Yr

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 News: HSBC Research Expects POP MART to Grow Through Internationalization; Rating Kept Buy w/ TP HKD392.5

Source: AASTOCKS Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

vested

POP MART Sags 4% to 5-mth Low, Confirms Ongoing Investigation on Live Broadcast Incident w/ No Staff Involved Dismissed

Recently, during a promotional livestream for a certain IP product on a platform, a conversation between two on-site staff members was captured.

One staff questioned why the product was priced so high, to which the other responded, ‘It's fine, people will still buy it.’

This live broadcast incident sparked huge discussion, with the related hashtag rapidly topping the trending topic list.

The two staff members involved have been dismissed, with the relevant departments also facing disciplinary action, online rumors said.

Chinese media quoted POP MART's insiders as confirming that a live broadcast incident did occur and that the Company is conducting an urgent investigation. However, employees involved in the incident would not be dismissed.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[behappyalways]

Pop Mart's livestream mishap has backfired!
An employee reveals the "truth": "This thing costs 350 yuan? Even the employees don't understand it!"
Pop Mart's blind box charms are priced at 350 yuan, and the livestreaming mishap further damages the brand's image!
Pop Mart's stock price has plummeted.

泡泡瑪特翻車! 員工洩"真心話":這東西賣350元? 員工也看不懂! 泡泡瑪特掛鍊盲盒賣350元 直播事故再創品牌形象! 泡泡瑪特股價跌｜記者 劉玨妤｜國際焦點20251107｜三立新聞台

https://m.youtube.com/watch?v=WItwgdVLv ... MKAYcqIYzv

[winston]

vested

Labubu craze hits London on Singles’ Day with AliExpress live shopping show

Sales on the platform’s official Pop Mart UK store surge 1,500% in October from a year earlier

Source: Reuters

https://www.businesstimes.com.sg/lifest ... pping-show

[winston]

vested

Pop Mart’s Labubu risks Beanie Baby-style collapse, analyst says

By Charlotte Yang

The company’s Hong Kong-listed stock has dropped more than 30% from its high in August, with some of the losses taking place after an employee was heard questioning the price of one of its blind-box products during a live-streaming event.

The pullback has come after a rally that saw shares surge more than 1,500% from the start of last year to their August high.

Trader positioning shows rising doubts over Pop Mart’s near-term performance. So-called short interest in the stock as a percentage of its total free float climbed to 2.8% as of Thursday, the highest level since April 2024.

Pop Mart shares slumped more than 9% on Oct 23 when the company’s third-quarter results beat forecasts but failed to allay concern that growth will slow into 2026.

The firm’s dependence on Labubu has been a growing cause of investor unease, with the “Monsters” product series that includes the character accounting for about 35% of total revenue in the first half, up from just 14% a year earlier.

Can the company break free from Labubu dependency and spark growth through other IPs?

Bernstein estimates that Pop Mart’s annual revenue growth will peak at 145% this year, and margins will gradually fall from current levels as marketing expenses increase to maintain IP popularity and fund overseas expansion.

Twinkle Twinkle is attracting an authentic fan base instead of being an alternative when consumers cannot get Labubu. The star-themed toy line will contribute 8% of Pop Mart’s sales by 2027, up from 2.8% in the first half of this year, he said.

Source: Bloomberg

https://theedgemalaysia.com/node/780387

[behappyalways]

Labubu要登上大銀幕了嗎？據報道，索尼已獲得電影製作權。 「女巫獵人」…
https://m.youtube.com/watch?v=yfJXQxsPlhk