CSOP set a HKD 132 target for Meituan stock

Published on 10/16/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CSOP linked HKD 132 to better September delivery economics on October 13, 2026. Meituan stock costs EUR 8.59, above its EUR 7.13 low.

Delivery economics and quarterly progress

CSOP set a HKD 132 target after September delivery economics improved on October 13, 2026.
Meituan reported CNY 104.64 billion in revenue for the second quarter of 2026.
Meituan stock traded at EUR 8.59 at 10:02 a.m. CEST at Lang & Schwarz on October 16, 2026.

Meituan, KYG596691041, Illustration mit AI erstellt.

Meituan (ISIN KYG596691041) traded at EUR 8.59 at Lang & Schwarz on October 16, 2026 at 10:02 a.m. CEST. A CSOP expert-call summary dated October 13 assigned the stock a HKD 132 target and linked the view to improving September delivery economics.

The report said Meituan's food-delivery unit economics improved from August to September and that October could bring another month-over-month increase. It also cited a risk of renewed subsidy pressure if competition intensifies. According to Futunn on October 13, the HKD 132 target used a price-to-earnings valuation.

Profit recovery has a measurable base

Meituan's second-quarter revenue reached CNY 104.64 billion for the period ended June 30, 2026, while net income was CNY 2.15 billion. The figures marked a return to profit after the company faced heavy competition in food delivery. StockAnalysis reported that second-quarter revenue grew 14.4 percent year over year to RMB 104.6 billion and that net profit turned positive.

What does the target depend on?

The near-term answer is order economics rather than headline order growth. A Longbridge report said Meituan averaged more than 73 million daily orders in September and generated RMB 0.20 to RMB 0.30 profit per order. That combination gives investors a concrete operating yardstick as the company balances delivery subsidies with profitability. Longbridge also described competition as shifting toward profit per order.

Three dates show the earnings progression

On June 1, 2026, Meituan reported first-quarter revenue of CNY 91.00 billion; on August 28, it reported second-quarter revenue of CNY 104.64 billion; and on October 13, CSOP set its HKD 132 target. The sequence moves from an earlier loss to second-quarter profit and then to a market view built on improving unit economics.

Next reporting date is November 26

Meituan's next earnings date is listed as November 26, 2026. The company said its second-quarter report covered the three and six months ended June 30, 2026, while its investor-relations calendar records the August 28 publication date.

Price stays above the yearly low

Meituan's EUR 8.59 Lang & Schwarz quote is above the EUR 7.13 52-week low and below the EUR 11.90 52-week high shown for the German market quotation. The HKEX reference quote was HKD 75.75 on October 16, 2026, with the Hong Kong session closed.

The further course of trading is shown by the continuously updated real-time quote of Meituan stock.