Pop Mart stock highlights 23.8 percent first half revenue growth

Published on 10/07/2026 at 01:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pop Mart stock highlights first-half revenue of CNY 17.17 billion in 2026, while adjusted net income reached CNY 5.16 billion. A 27-analyst Buy consensus sets an average target of HKD 179.72.

Pop Mart, KYG7170M1033, Illustration mit AI erstellt.

Pop Mart stock (ISIN KYG7170M1033) was last at HKD 150.60 on the Hong Kong Stock Exchange on October 6, 2026 at 4:08 p.m. HKT, with a daily gain of 0.47 percent. The company reported first-half 2026 revenue growth of 23.8 percent to CNY 17.17 billion, putting operating scale ahead of the latest share-price move.

Revenue expands beyond Labubu

According to RetailDetail EU on September 23, 2026, first-half revenue increased 23.8 percent to CNY 17.17 billion. The report also said adjusted net income reached CNY 5.16 billion and gross margin stood at 69.7 percent.

Those figures make the portfolio question central to the valuation. Revenue growth remained positive during the first half of 2026, while the 69.7 percent gross margin shows that the company is still monetizing intellectual property and collectible products at a high level.

Forecast revisions raise the hurdle

Simply Wall St reported that the fiscal 2026 revenue forecast fell from CNY 42.5 billion to CNY 35.1 billion, while the EPS estimate declined from CNY 10.43 to CNY 7.94. Its consensus price target also fell from HKD 214 to HKD 180.

The contrast between 23.8 percent reported revenue growth and lower forward estimates is the key investor issue. The market is still rewarding a large operating base, but the forecast revision shows that future growth expectations now carry more weight than the first-half result alone.

Consensus remains Buy rated

According to Investing.com, 27 analysts give Pop Mart an overall Buy consensus, with 15 Buy, 8 Hold and 4 Sell ratings. The published average 12-month price target is HKD 179.72.

That mix shows broad support rather than unanimity. For investors, the most important checkpoint is whether international demand and the wider intellectual-property portfolio can support growth after the first half, when the forecast base has already been reduced.

Pop Mart stock stays below its yearly high

Pop Mart stock was last at HKD 150.60 on the Hong Kong Stock Exchange on October 6, 2026 at 4:08 p.m. HKT. The 52-week range is HKD 140.10 to HKD 291.40, leaving the share price materially below its yearly high while remaining above its yearly low.