StoneX cuts target for Hello Group stock from USD 10.00 to USD 8.00
Published on 10/07/2026 at 02:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHello Group (ISIN US4234031049) had a Lang & Schwarz prior close of EUR 4.23 on October 5, 2026. Tickeron reported that StoneX cut its price target for Hello Group from USD 10.00 to USD 8.00 while maintaining a Buy rating.
StoneX weighs weaker guidance
The target reduction followed Hello Group's second-quarter 2026 report, which combined a return to profit with another decline in total revenue. According to Yahoo Finance, revenue fell 5.10 percent year over year to RMB 2.49 billion, while net income reached RMB 237.4 million versus a net loss of RMB 140.2 million in the comparable quarter.
The earnings recovery was supported by a favorable tax comparison, so the revenue trend remains the central operating issue. Hello Group guided third-quarter 2026 revenue to RMB 2.4 billion to RMB 2.5 billion, representing a year-over-year decline of 9.40 percent to 5.70 percent, according to Yahoo Finance.
Overseas growth offsets China pressure
The international portfolio provided the clearest counterweight in the second quarter. Overseas revenue increased 52.00 percent year over year to RMB 672.7 million, while revenue from mainland China fell to RMB 1.81 billion from RMB 2.18 billion, according to Yahoo Finance.
Operating cash flow also improved to RMB 642.3 million in the second quarter of 2026 from RMB 489.9 million a year earlier. Paying users on the Momo app reached 3.9 million, up from 3.5 million in the second quarter of 2025, but Tantan paying users fell to 0.5 million from 0.7 million.
Prior close remains EUR 4.23
The Lang & Schwarz prior close was EUR 4.23 on October 5, 2026. Hello Group's market capitalization was USD 778.3 million as of October 6, 2026, while the StoneX target of USD 8.00 remains tied to an operating outlook that includes a projected third-quarter revenue decline.
The further course of trading is shown by the continuously updated real-time quote of Hello Group stock.
Hello Group stock facts
- Company: Hello Group Inc.
- ISIN: US4234031049
- Ticker: MOMO
- Primary exchange: Nasdaq
- Prior close Lang & Schwarz (October 5, 2026): EUR 4.23
- Market capitalization: USD 778.3 million (as of October 6, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
