
Momo (MOMO) Stock Forecast & Price Target
Momo (MOMO) Analyst Ratings
Bulls say
Hello Group Inc has demonstrated a substantial improvement in its financial metrics, highlighted by a Non-GAAP operating margin of 22.2%, which reflects a 658 basis point year-over-year increase due to effective cost control measures. Additionally, despite facing revenue pressures, the company’s overseas segment has grown to approximately 14% of total group revenue and has become profitable within three years, signaling positive momentum in international markets. The strategic emphasis on international expansion positions Hello Group Inc favorably for long-term growth, suggesting potential for recovery and increased profitability in the future.
Bears say
Hello Group Inc's stock faces a negative outlook primarily due to disappointing fiscal year 2024 guidance, which indicates significant revenue declines across key service lines. The company projects a year-over-year revenue drop of 12.4% to 15.5% for the second quarter of 2024, reflecting broader struggles with its Momo and Tantan platforms, particularly in live streaming and value-added services. Additionally, the overall revenue estimate for FY24 has been revised down to RMB 10.5 billion, marking a 12% decrease, with specific declines anticipated in live streaming and core services contributing to this unfavorable financial trajectory.
This aggregate rating is based on analysts' research of Momo and is not a guaranteed prediction by Public.com or investment advice.
Momo (MOMO) Analyst Forecast & Price Prediction
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