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Featured ContentStocks
[Meituan-W (03690.HK)] Is it worth buying? Latest stock outlook analysis

[Meituan-W (03690.HK)] Is it worth buying? Latest stock outlook analysis

avator牛牛投資見解Feb 10 14:46

Real-time quote

HK$85.150Hong Kong dollar

Today's Performance

+8.82%

Meituan (03690.HK) is a technology-driven retail investment holding company that primarily provides local business services such as food delivery, in-store dining, hotel and travel bookings through its platform.

For investors, the core of investment decision-making lies in accurately assessing a company’s growth potential. So, is the current stock 03690.HK really worth buying?As a leading financial information service provider, Futubull integrates rating information on each stock from numerous renowned global securities research institutions.It aims to provide users with a comprehensive and timely view of market consensus, helping you accurately identify the optimal entry point.

■According to the latest 【Major Bank Ratings】 data aggregated by Futubull (as of 09/02/2026)

Total32A leading analyst is involved in the rating of 03690.HK.Overall Rating:【Strong Buy】

Maximum target price

HK$147.00Yuan

Average Target Price

HK$123.16Yuan

Minimum Target Price

HK$100.00Yuan

View the full rating report for 03690.HK now.

Futubull provides you with professional stock analysis and investment decision support.

In addition to ratings from professional institutions, Futubull takes you, from the perspective of a professional investor, to utilize the “Three-Step Analysis Method” to...Company business, performance status, and technical indicatorsThe three core dimensions—deeply dissecting stocks—to help you determine whether 03690.HK is worth buying.

■Company Business: What does Meituan-W do?

Meituan (stock code: 03690) is an investment holding company established in 2015 and registered in the Cayman Islands. Its shares have been listed on the Main Board of the Hong Kong Exchange since 2018. The company positions itself as a technology-driven retail enterprise, primarily leveraging technology to provide daily necessities and services to the market, with its business serving the domestic market.

Core Local Commerce
This division is the Group’s core business, covering food delivery, instant retail service “Meituan Flash Sale,” dine‑in services, hotel reservations, and tourism‑related businesses.

New business
It mainly includes community e‑commerce businesses such as “Meituan Youxuan” and online supermarket “Xiaoxiang Supermarket,” which are business segments exploring growth potential for the Group.

Futubull tooltip:
Facing fragmented information, want to quickly grasp the key priorities of your company’s business?
Simply open the Futubull app, tap the “Company” tab, and scroll down to view Meituan-W’s “Business Segment Breakdown,” offering a clear and intuitive overview of Meituan-W’s main businesses, core products, and market share, helping you quickly analyze the company’s fundamentals.

Download Futubull now to view the composition of main businesses.

Futubull breaks down the core business of listed companies for you, helping you understand their fundamentals.

■Performance Dimension: Is Meituan-W Making Money?

Futubull’s “Earnings Calendar” shows that Meituan-W is… 2026/6/1Publish 2026 Q1Performance.

Revenue

HK$103.47B

Year-on-year +11.94%

Market expectation is HK$99.96B

Earnings before interest and taxes

HK$-6.47B

Year-on-year -59.75%

Market expectation is HK$-5.55B

At the same time, Futubull’s “Performance Express” module has compiled the following key performance data for your reference:

ProjectCore data for the quarterKey changes
Operating Revenue (RMB)95.488 billionGrowth of 2.0% year-on-year, but below market expectations.
Operating Profit (RMB)A loss of 19.759 billionProfit for the same period last year was 13.69 billion, but this year it has turned into a loss, representing a year-on-year decline of 244.39%.
Profit attributable to shareholders (RMB)A loss of 18.632 billionThe company turned from profit to loss year-on-year, with a change of -244.83%, falling short of market expectations.
Adjusted Net Profit (RMB)A loss of 16.01 billionThe company has shifted from recording a profit in the same period last year to incurring a loss.
Core Local Business Revenue (RMB)67.4 billionA year-on-year decrease of 2.8%.
New Business Revenue (RMB)28 billionAn annual increase of 15.9%.

Meituan-W's latest financial results are out, but faced with a dense pile of financial reports, do you lack the time to read them carefully, let alone instantly assess the data?Major positive newsStillHidden RisksIf you lack the proper interpretation of financial reports, you’ll miss out.Best buying and selling pointsIf there were a reliable tool to help interpret financial reports, it would greatly assist you during earnings season.Seize the initiative and reap profits with ease.。

Futubull's "Performance Express" feature:
Transform complex financial reports into clear, concise insights, enabling you to grasp key data such as revenue and earnings per share—and determine within minutes whether these figures “exceeded expectations” or “fell short of market expectations.”

✓ Positive signal:If the earnings report shows that revenue and net profit significantly outperform market expectations, it generally indicates strong underlying fundamentals for the company. Investors can assess current market conditions and their own risk tolerance to identify potential investment opportunities or make appropriate adjustments to their portfolios.

✓ Risk signal:If key financial indicators show weak performance (or all decline), and both revenue and earnings per share fall short of expectations, this may signal a slowdown in growth. Investors should carefully assess the risks associated with their holdings and, in light of their investment strategies, consider adjusting their portfolio allocations or adopting a wait-and-see approach.

In short, regardless of whether the performance is good or bad, Futubull’s “Performance Express” feature can instantly interpret key data for you, allowing you to confidently enter the market and place orders without having to painstakingly pore over densely packed financial reports.

Schematic diagram of the Futubull performance express feature

Open the Futubull App > Individual Stock Page > [Company] Tab—Performance Express—to use this feature for free!

View the Meituan-W earnings flash report details now

Futubull dissects key financial report data to help you identify buying and selling opportunities before and after earnings releases.

■Technical Indicators: What is the current market sentiment toward Meituan-W?

The financial data analyzed in “Performance Express” can help you gain a clear understanding of a company’s long‑term growth potential and underlying value; however, to accurately time your entry into a complex market, you still need…Technical IndicatorsProvided real-time signals. Only by anchoring long-term direction with fundamental analysis and locking in short-term opportunities with technical analysis can investment decisions become more stable and more accurate.

AI

Meituan-W (03690.HK) currently presents 1 “buy signal” and 1 “sell signal”

"Optimistic"The closing price has broken above the MA5, forming a golden cross, indicating upward momentum.

Let it go.PSY has moved from the neutral range into overbought territory, suggesting that the stock price may be poised for a pullback.

Ask Futubull AI

For those of you who have to return to work and attend meetings on a daily basis, even though you know that the MACD and RSI are crucial, do you simply not have time to monitor the market around the clock? Or perhaps you’re worried about misinterpreting the indicators and can’t tell the difference between...“True Signal”Still"False Breakout"?No need to slog through technical theories—just let “NiuNiu AI” instantly translate market conditions for you!

Futu SupportAI Real‑Time MonitoringIncluding 15 key indicators such as MACD, KDJ, and RSI, these tools directly “translate” complex chart patterns into simple signals—so you no longer need to delve into what “golden crosses and death crosses” or “top and bottom divergences” actually mean, and you can…Easily Grasp Technical Trends。

Futubull AI Feature Demonstration

After gaining a preliminary understanding of Meituan’s technical analysis and forming a basic judgment on the overall price trend, to ensure you can react swiftly at critical moments, you may consider using Futubull’s…Price AlertFunction: You can set the following alerts for key areas:

✓ Stock Price Alert: Breaks through HK$94.0 and falls below HK$88.0

✓ Indicator Alert: RSI (6-day) breaks above 30, RSI (24-day) falls below 35

With Futubull AI, you’ll never have to worry about complex technical indicators again! Download Futubull now and let AI translate technical analysis into clear buy/sell signals—easily distinguishing between “bullish” and “bearish.” Investing has never been so simple and straightforward!

Download Futubull now to experience AI indicator interpretation.

AI-powered real-time interpretation of technical indicators—master buying and selling timing.

■Why do investors choose Futu for trading?

Investing is never a one-time deal—it’s a journey that requires long-term tracking and dynamic adjustments. Perhaps you don’t have enough funds to buy Meituan-W right now, or maybe Meituan-W isn’t worth buying just yet, but you can still use Futubull to track Meituan-W over the long term.

Open Futubull,Add Meituan-W to your wishlist, you will also reap

Performance Release Reminder:

Before each Meituan-W earnings release, Futubull will send you a reminder so you won't miss any earnings opportunity.

Related News Feed:

Real-time aggregation of major news such as product launches and board changes, enabling you to promptly capture key events impacting Meituan-W's stock price.

Institutional Holdings Changes:

Track the flow of “smart money” and gain instant insights into the buying and selling activities of major banks and funds in Meituan-W.

Stock Price Alert:

Set your desired “psychological price level” and you won’t need to monitor the stock market around the clock—once Meituan-W’s stock price retraces, the system will notify you immediately.

All of the above functions“Free of charge”, download Futubull now and start your professional investment journey!

●Why choose Futu?

Security Assurance

Futu is subject toDual protection from the Hong Kong Investor Compensation Fund (up to HK$500,000) and the U.S. SIPC (up to US$500,000)., all client assets are…Independent Bank Custodyand is equipped with a risk management system developed in-house to ensure data security.

Licensed and compliant

Futu Securities International (Hong Kong) Co., Ltd. isHong Kong’s largest tech-driven brokerage firm (stock code: FUTU)It is also a licensed corporation approved by the Securities and Futures Commission of Hong Kong (CE No.: AZT137).
The company is strictly regulated by the China Securities Regulatory Commission and holds licenses of Class 1, 2, 3, 4, 5, 7, and 9.

Zero-commission trading

Hong Kong stocks, U.S. stocks fractional shares, Crypto0% commission on trades,Help you invest and save more!
Open an account now and enjoy a welcome bonus worth over 1,000 yuan!

Download Futubull Now to Start Professional Investing

Free tracking of Meituan-W’s developments, secure and compliant trading in Hong Kong stocks/US stocks

FAQ

The content presented above were generated by AI language model with publicly available information and the above material does not represent the position of the company and shall not constitute any investment advice. You may only use the materials on this website for personal reference and non-commercial purposes. Read More

Disclaimer

"Futubull" is a one-stop financial investment and trading platform, securities services are provided by Futu Securities International (Hong Kong) Limited. This content shall not be construed as an offer, solicitation, invitation, or recommendation to buy or sell any investment products or as a basis for any investment decision, nor shall it be interpreted as professional advice. The content presented above were generated by AI language model with publicly available information and the above material does not represent the position of the company and shall not constitute any investment advice. You may only use the materials on this website for personal reference and non-commercial purposes. The materials on this website are provided on an "as is" and "as available" basis. Our group has taken all reasonably prudent measures to ensure that the information contained on this website is, as of the date of publication, accurate, timely, complete, and fit for its intended purpose, and complies with all relevant and applicable laws and regulations. Our group makes no express or implied warranties or representations regarding the accuracy, timeliness, or completeness of the information on this website. By accessing the relevant materials, you fully understand and confirm your acceptance of and agreement to be bound by the relevant terms and conditions. Any person who acts based on the related content shall bear the associated risks. The terms "bullish" and "bearish" do not constitute a forecast of future share price performance or investment advice. They are provided solely to assist clients in categorizing the nature of market information. You agree that the company and its affiliates shall not be liable for any losses or damages incurred as a result of your use of the aforementioned information. "Hong Kong's No.1 tech brokerage" refers to Futu as the largest securities broker with full online services in Hong Kong with the highest trading volume, client assets under management, app downloads, and monthly active users. 1.The trading volume data comes from the Q3 2025 comprehensive trading ranking list on the AiPO website, which indicates Futu Securities as the top by Hong Kong stock trading volume among Hong Kong online brokerages in Q3 2025. 2.The client custody asset data refers to the assets under management of the Central Clearing and Settlement System (CCASS), which indicates the total market value of clients' asset of Futu Securities ranked 14th, 1st among all the securities brokerage on 31st December 2024. 3.The app download data comes from data.ai (formerly App Annie), which data proved Futubull as the number one stock trading app in Hong Kong by downloads in iOS and Google Play platforms in Q3 2025. 4.The monthly active users (MAU) data comes from data.ai (formerly App Annie), which data proved Futubull as the number one stock trading app in Hong Kong by average daily active users (DAU) on iPhones and Android mobile devices in Q3 2025. *Data Source: Futu Q3 2025 Financial Results as of 30th September, 2025, while the total annual trading volume data is from Futu's 2024 full-year financial results.

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