Goldman Sachs: Reiterates Buy Rating on Kuaishou-W (01024.HK) with a Target Price of 83 Hong Kong Dollars.

According to the Wise Finance and Economics APP, Goldman Sachs released a research report stating that it is expected that the new model of Kuaishou-W (01024.HK) Ling AI will continue to drive increased user engagement on Kuaishou. At present, the forecast for Kuaishou's AI-related revenue for the fiscal year 2025 is maintained at $154 million (compared to the company's guidance of $125 million), and the rating of "buy" is reiterated. The target price is HK$83, based on a forecast of approximately 14 times earnings per share at the end of 2026.