KE Holdings: Still Undervalued After A Solid Quarter [Seeking Alpha]
KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) (BEKE)
Company Research
Source: Seeking Alpha
KE Holdings reported strong Q2 2024 results, with GTV and net revenues increasing, demonstrating resilience in a challenging real estate market. Net revenues from new businesses like home renovation and furnishing, and home rental services showed impressive growth, offsetting mixed results from existing home transaction services. BEKE's strong balance sheet, increased share repurchase program, and undervalued current level indicate potential for over 50% upside, maintaining a "buy" rating. vm/E+ via Getty Images I first wrote about my investment thesis on KE Holdings ( NYSE: BEKE ) (Beike) in June 2024. Since then, the stock has been mostly flat, while the stock prices of most Chinese real estate developers have further declined amid the Recommended For You About BEKE Stock Related Stocks Trending Analysis Trending News
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High impacting KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) news events
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BEKE
News
- KE Holdings Inc. (NYSE: BEKE) is now covered by analysts at Citigroup Inc.. They set a "buy" rating and a $23.80 price target on the stock.MarketBeat
- KE Holdings (BEKE): The Best Chinese Stock to Buy According to Wall Street Analysts? [Yahoo! Finance]Yahoo! Finance
- KE Holdings (BEKE): One of the Best Asian Stocks to Buy Now? [Yahoo! Finance]Yahoo! Finance
- KE Holdings And Two Other Value Stocks Trading Below Estimated Worth [Yahoo! Finance]Yahoo! Finance
- 3 US Stocks That May Be Undervalued According To Estimates [Yahoo! Finance]Yahoo! Finance
BEKE
Earnings
- 8/12/24 - Beat
BEKE
Analyst Actions
- 9/10/24 - Citigroup Inc.
BEKE
Sec Filings
- 9/16/24 - Form 6-K
- 9/13/24 - Form 6-K
- 9/9/24 - Form 6-K
- BEKE's page on the SEC website