Hello Group stock fell 2.07 percent to its yearly low on October 2
Published on 10/05/2026 at 11:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hello Group (ISIN US4234031049) fell 2.07 percent to USD 4.720 on Nasdaq on October 2, 2026, matching its 52-week low. The latest quarter showed a sharp split between a shrinking domestic business and overseas revenue growth of 52.0 percent.
Q2 revenue fell 5.1 percent
According to Yahoo Finance on September 12, 2026, Hello Group reported Q2 2026 total revenue of RMB 2,486.0 million, down 5.1 percent from the prior year. Net income reached RMB 237.4 million, compared with a net loss of RMB 140.2 million in Q2 2025.
The comparison is more complex than the headline profit reversal suggests. Revenue from outside mainland China rose 52.0 percent to RMB 672.7 million in Q2 2026, while mainland revenue fell to RMB 1.81 billion, according to Yahoo Finance.
Overseas growth meets domestic pressure
The overseas figure reached 27 percent of total revenue, compared with 17 percent a year earlier. Paying users on the core Momo app rose to 3.9 million from 3.5 million, but Tantan paying users declined to 0.5 million from 0.7 million in Q2 2025.
Management also guided Q3 2026 revenue to RMB 2.4 billion to RMB 2.5 billion, implying a year-over-year decline of 5.7 percent to 9.4 percent, as domestic demand remains the central counter-factor. Operating cash flow reached RMB 642.3 million in Q2 2026, according to Yahoo Finance.
Analysts see a wide valuation gap
MarketBeat lists a Hold consensus based on 3 analysts, with 1 Buy, 1 Hold and 1 Sell rating. The average 12-month price target is USD 9.05, with a high of USD 10.00 and a low of USD 8.10, placing the average target 91.7 percent above the October 2 price.
The market is therefore weighing two different trajectories. Hello Group's overseas portfolio is expanding faster than the domestic business is contracting, but the Q3 revenue guidance shows that the total business has not yet reached a growth inflection.
Stock sits at its yearly low
Hello Group stock closed at USD 4.720 on Nasdaq on October 2, 2026, down USD 0.100 from the prior close of USD 4.820. The session volume was 883,769 shares, and the market capitalization stood at USD 678.0 million.
Hello Group stock facts
- Company: Hello Group Inc.
- ISIN: US4234031049
- Ticker: MOMO
- Trading venue: Nasdaq
- Price (as of October 2, 2026): USD 4.720 closing price
- Market capitalization: USD 678.0 million (as of October 2, 2026)
- 52-week range: USD 4.720-7.650 (as of October 2, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
