Core Viewpoint - Jefferies published a report indicating that Meitu has forecasted a 60% to 66% year-on-year growth in Non-IFRS adjusted profit attributable to shareholders for 2025, with the median of this forecast aligning with market consensus [1] Group 1: Financial Performance - The projected growth is primarily driven by significant increases in global paid user numbers for core businesses such as photo, video, and design products, leading to rapid revenue growth [1] - The growth rate of overseas users is outpacing that of the Chinese market, contributing to overall performance [1] - Gross profit is expected to grow faster than operating expenses, resulting in operational leverage effects [1] Group 2: Investment Rating - Jefferies has assigned a "Buy" rating to Meitu, with a target price of HKD 12.5 for its H-shares [1] - The company is anticipated to capitalize on the long-term potential of AI-generated content productivity tools [1]
大行评级丨杰富瑞：预期美图将把握AI GC生产力工具的长期潜力，评级“买入”
Ge Long Hui·2026-02-10 02:45