Hello Group Inc. American Depositary Shares

Go to Hello Group Inc. American Depositary Shares Website

$8.00

0.03 (0.38%)
Live
Previous Close

$7.97

Day Range

$7.94 - $8.02

Previous Day Range

$7.9511 - $8.13

Market Cap

$1.3 billion USD

Day Vol.

1.1 million

Previous Day Vol.

402820

Currency

USD

Primary Exchange

Nasdaq

Hello Group Inc provides mobile-based social networking services. It enables users to establish and expand social relationships based on location and interests. Its platform includes the Momo mobile application and a variety of related features, func...


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Recent News

Hello Group Inc. Sponsored ADR (MOMO) reported better-than-expected Q2 2024 earnings and revenue. However, the company's earnings outlook is unfavorable, leading to a Zacks Rank #4 (Sell) rating. Samsara Inc. (IOT) is expected to report Q2 2024 earnings on September 5.

Related tickers: MOMO, IOT.

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Across the recent three months, 4 analysts have shared their insights on Hello Gr (NASDAQ:MOMO), expressing a variety of opinions spanning from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 2 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $10.68, a high estimate of $16.00, and a low estimate of $5.70. A 25.57% drop is evident in the current average compared to the previous average price target of $14.35. Diving into Analyst Ratings: An In-Depth Exploration The perception of Hello Gr by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Daniel Chen JP Morgan Lowers Neutral $6.00 $13.00 Fawne Jiang Benchmark Lowers Buy $15.00 $16.00 Hillman Chan Citigroup Lowers Neutral $5.70 $6.40 Fawne Jiang Benchmark Lowers Buy $16.00 $22.00 Key Insights: Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Hello Gr. This insight gives a snapshot of analysts' perspectives on the current ...Full story available on Benzinga.com

Related tickers: MOMO.

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