The following are the latest ratings and target prices for US stocks from various brokerage firms:
China Merchants Securities (Hong Kong) maintains Odoi (ADBE.O) Buy rating, target price $585.0:
The company's Q4 revenue and profit met expectations, with AI-related ARR exceeding one-third of the overall business. FY26E revenue guidance is for 9-10% year-over-year growth. Digital media and experience businesses saw steady growth, AI product applications deepened, and generative credit consumption tripled sequentially. Although increased marketing and AI investment led to a slight decrease in profitability, long-term competitiveness has strengthened. Based on a 25x FY26E non-GAAP PE, the target price is adjusted to $585.0.
CITIC Securities Maintain Buy rating on Applovin Corp-A (APP.O):
E-commerce advertising testing is progressing positively, with good feedback from merchants. A new round of growth is expected to be driven by the platform's full launch in 2026. This includes upgrades to the advertising engine, expansion into new vertical categories, and gaming. App store fee optimization and improved profitability boosted the stock price; pay attention to data compliance developments.
CITIC Securities gave Precision Science (EXAS.O) Overweight rating, target price $118:
The company is a global leader in early cancer screening, with its core product, Cologuard, boasting superior performance and benefiting from the huge colorectal cancer screening market. Abbott plans to... (The sentence is incomplete and ends abruptly.) The proposed acquisition will accelerate the internationalization process. The company is expected to return to profitability in 2026, with steady revenue growth and a positive net profit from 2025 to 2027, demonstrating significant growth potential.
China International Capital Corporation We maintain a neutral rating on lululemon athletica inc (LULU.O) with a target price of $180.69.
3QFY26 revenue increased by 7% year-on-year to US$2.57 billion, better than guidance, mainly due to a 25% sequential improvement in same-store sales in China (currency neutral), offsetting weakness in the Americas. Gross margin was under pressure, but cost control was effective, resulting in a net profit margin of 12.0%. We maintain our FY26 EPS forecast of US$12.97 and lower our FY27 EPS forecast by 12% to US$12.02, reflecting delays in innovation validation and FY27 tariff pressure. The target price corresponds to a 2027 P/E ratio of 14x, with limited upside potential.
China Merchants Securities (Hong Kong) has given Reddit Inc-A (RDDT.N) an "Overweight" rating with a target price of $300.
The company is a leading social media platform in the US, boasting high-quality and irreplaceable user-generated content, and benefits from the early-stage growth of AI data licensing and advertising monetization. Third-quarter revenue increased by 68% year-over-year, with adjusted EBITDA margin rising to 40%, driven by strong international user growth. The value of its AI data assets is becoming increasingly apparent, and litigation strengthens its pricing power. A DCF valuation supports a target price of $300, with a profit CAGR comparable to its meta from 2025-2027, demonstrating clear growth potential.
Huatai Securities We maintain our Buy rating on Adobe (ADBE.O) with a target price of $404.49.
The company's revenue and profit both exceeded expectations in FY25Q4, with accelerated AI commercialization. AI-related ARR reached $8.6 billion (QoQ +71%), accounting for one-third of total ARR. Generative Credit usage tripled quarter-over-quarter, and the deepening of AI capabilities drove growth in digital media and experience businesses. The deployment of enterprise-level AI tools accelerated, enhancing product stickiness. Although competitive pressure led to a slight downward revision of profit forecasts, the positive outlook for the core AI engine supports a buy rating.
CICC maintains Broadcom's (AVGO.O) Outperform rating, target price $475:
FY25Q4 results and AI orders exceeded expectations, with strong AI ASIC revenue and a backlog of $73 billion. Revenue visibility over the next 18 months is high. Benefiting from AI computing and networking demand, we have raised our FY26/FY27 earnings forecasts, increased the valuation of our AI business, and raised our target price to $475, corresponding to a FY26 P/E ratio of 44x, representing an upside of 16.9%.
Guojin Securities Maintain Buy rating on Broadcom (AVGO.O):
FY25Q4 revenue reached $18.015 billion, a year-on-year increase of 28%, with AI revenue reaching $6.5 billion, a year-on-year increase of 74%. Benefiting from the high growth in inference demand from cloud vendors and the continued expansion of ASIC customers, the company is expected to see large-scale order deliveries starting in FY26. Revenue is projected to be $96.1 billion, $138.5 billion, and $177.6 billion for FY26, FY28, and FY28, respectively, with adjusted net profit continuing to grow strongly, solidifying its leading position.
Guotai Haitong Maintain Tiger Brokers (TIGR.O) Overweight rating, target price $13.88:
Q3 2025 revenue and profit saw strong year-over-year growth, with client assets reaching a record high of $61 billion, driving rapid growth in brokerage and interest income. The cost ratio fell to a record low of 6%, improving profitability. We have raised our 2025-2027 EPS forecasts to $0.98/$1.49/$2.17, based on a 2025 PE ratio of 14.23x, and maintained our target price of $13.88.
Huaxing Securities Maintaining Marwell Technology (MRVL.O) Buy rating, target price $122.00:
The company's revenue in Q3 of fiscal year 2026 increased by 37% year-on-year. Its optical communication product portfolio is leading, and it benefits from the acquisition of Celestial AI, laying the groundwork for next-generation photonic switching platforms. The customized computing business has a strong order book, driving long-term growth. Adjusted net profit is projected to achieve a CAGR of 45% for fiscal years 2026-28. The target price is based on an average P/E ratio of 27.0x for fiscal years 2027-28, reflecting technological advantages and customer loyalty.
Huatai Securities maintains Netflix (NFLX.O) Overweight rating, target price $123.9:
Benefiting from the acquisitions of Warner Bros. and HBO Max, which bring top-tier IPs such as "Harry Potter" and " Game of Thrones," the company's content moat and long-term ARPU potential have been enhanced. Synergies are expected to save $2-3 billion annually, strengthening the operating leverage of its streaming services. The target price is based on a 2026 PE ratio of 37x, reflecting the premium of a leading company, but regulatory and consolidation risks remain.
Industrial Securities First time given to the car zone (AZO.N) Buy rating:
The company is a leading auto parts retailer in the Americas, with its stores expanding rapidly. Net profit is projected to reach US$2.568 billion, US$2.966 billion, and US$3.236 billion in fiscal years 2026-2028. Growth is driven by its own brands and DIFM business, while high gross margins and strong share buybacks support continuous EPS growth. The company has a long-term stable growth and strong counter-cyclical capabilities, giving it a significant advantage in shareholder returns.
Guoyuan International Securities maintains its support for Tencent Music. (TME.N) Buy rating, target price $21.84:
Q3 revenue reached RMB 8.46 billion, with online music revenue increasing by 27.2% year-on-year. Non-subscription business accelerated its growth, forming a dual-engine growth model of "subscription + non-subscription". Increased SVIP penetration drove ARPPU growth, and AI empowered the expansion of content and commercialization ecosystems. Based on a 2026 PE ratio of 8x for online music and 5x for social entertainment, we are optimistic about its profitability potential and structural improvements.
Huatai Securities maintains its position on Zhiwen Group. (MOMO.O) Buy rating, target price $11.36:
Q3 profits exceeded expectations, with overseas revenue increasing by 69% year-on-year, rising to 20% of total revenue. Although domestic revenue is under short-term pressure due to new tax regulations, strong overseas growth is expected to partially offset this. The company has net cash of US$1.25 billion, and its market capitalization is lower than its cash value, providing a safety margin. Based on DCF valuation, we maintain our buy rating.
(Article source: CLS)
