The following are the latest ratings and target prices for US stocks from various brokerage firms:
Huatong Securities Maintain Buy rating on Meta Platforms Inc-A (META.O):
Q3 2025 revenue reached $51.242 billion (+26%), with adjusted net profit of $18.64 billion, primarily driven by strong advertising growth and a first-mover advantage in AI infrastructure. Investments in Reality Labs and computing power will suppress profits in the short term, but will build medium- to long-term barriers to entry. Revenue is projected to grow by 18% in 2025, with the PE ratio continuing to decline to 18.47, making the valuation attractive.
Huaan Securities Maintain SAIF (CRM.N) Overweight rating:
The company's FY26Q3 revenue reached $10.3 billion, a year-on-year increase of 9%, and non-GAAP net income was $3.1 billion, a year-on-year increase of 33%, with strong operating cash flow. Agentforce and Data 360 ARR reached $1.4 billion, a year-on-year increase of 114%, demonstrating significant AI-driven tokenization progress. cRPO and RPO saw double-digit growth, management raised its full-year guidance, and earnings forecasts steadily improved, highlighting confidence in long-term growth.
Huatong Securities maintains its support for Alibaba. (BABA.N) Buy rating:
The company's revenue grew steadily in Q2 of fiscal year 2026, with core e-commerce and cloud businesses recovering. E-commerce revenue in China increased by 16%, cloud revenue by 34%, and AI products continued to grow rapidly. International business achieved profitability. Although profits and free cash flow are under short-term pressure, mainly due to increased investment in AI/cloud strategies, the company's long-term technology layout is clear, and innovative businesses are building up to become the next generation of gateways, supporting future growth expectations.
Guotai Haitong We maintain our Overweight rating on Didi (DIDIY.F) with a target price of $7.12.
Q3 2025 revenue was RMB 58.59 billion, up 8.6%; adjusted EBITDA was RMB 861 million, down 50.6%. Domestic business remained stable, with daily order volume at 38.29 million, up 11%, and take rate improved to 23.0%. Increased overseas competition led to wider losses. We lowered our 2026 valuation for the China region to 15x EV/EBITDA, with a target market capitalization of US$33.16 billion and a target price of US$7.12.
Huaan Securities maintains Nvidia's (NVDA.O) Overweight rating:
FY26Q3 revenue reached $57.01 billion, exceeding expectations, driven by data centers. Revenue reached $51.22 billion, a year-on-year increase of 66%. The Blackwell architecture transition went smoothly, with GB300 becoming the core driver of growth. Q4 revenue guidance is $65 billion (±2%), with a gross margin expected to be 75.0%. Revenue and net profit forecasts for FY2026-2028 have been revised upwards, as strong demand for AI computing power continues, and long-term growth is highly certain.
CITIC Securities Maintaining wisdom and (HPE.N) Buy rating, target price $26:
FY2025 Q4 revenue and Q1 guidance missed expectations, primarily due to AI server delivery delays and seasonal factors. AI systems revenue reached $1 billion, with a backlog of $4.7 billion, expected to be delivered in the second half of FY2026. Full-year guidance for the networking business was raised to $11 billion, with attention focused on the integration progress with Juniper. Storage price increases have already passed on to costs. Based on a FY2026E 10x PE (Non-GAAP) valuation, the target price is maintained at $26.
China International Capital Corporation Maintaining Netflix (NFLX.O) Outperform rating, target price $120:
Netflix's acquisition of WBD's premium streaming and film assets strengthens its IP portfolio and content moat. The transaction price is relatively high, and short-term synergies are limited. Combined with integration complexity and antitrust risks, this may put pressure on the company in the short term. However, in the long term, it is expected to unlock the value of content such as HBO through global distribution and technological innovation. We maintain our earnings forecast but lower our target price to $120, corresponding to a 2025 GAAP P/E ratio of 46x, representing a 20% upside from the current price.
First Shanghai maintains its buy rating on Netflix (NFLX.O):
Netflix plans to acquire HBO's streaming business to strengthen its portfolio of premium content and classic IPs, addressing its weakness in original content creation. While the cash acquisition brings short-term financial pressure and antitrust risks, and user overlap may limit expansion, synergies are expected to improve content efficiency and pricing power, solidify its leading position in the industry, and promise long-term growth.
Huatong Securities maintains its support for Apple. (AAPL.O) Buy rating:
Revenue for fiscal year 2025 reached US$416.16 billion (+6.4%), and net profit reached US$112.01 billion (+19.5%). Service business became the growth engine, and gross margin improved to 46.9%. Despite pressure in Greater China, record highs were achieved in the European and American markets. The multi-device ecosystem and strong cash flow support long-term competitiveness, and profit is expected to grow steadily in 2026.
CITIC Securities Maintain water droplets (WDH.N) Buy rating:
3Q25 revenue and net profit increased by 38.4% and 60.1% year-on-year, respectively, with technology service revenue surging (up 1860% year-on-year). AI-driven improvements in customer acquisition and underwriting efficiency led to a 32.3% quarter-on-quarter increase in FYP, and AI-driven premiums surged 82% quarter-on-quarter. Cash reserves reached RMB 3.51 billion, and share buybacks and dividends have been implemented, ensuring high shareholder returns. The "technology + service" model has been validated, and a second growth curve is taking shape. We are optimistic about a double recovery in both performance and valuation.
Guoyuan International Securities maintains its buy rating on Waterdrop (WDH.N) with a target price of US$2.3.
The company achieved high growth in both revenue and profit in Q3 2025, with insurance... Driven by core business, AI has significantly reduced costs and increased efficiency. The operating expense ratio decreased by 8.3 percentage points, and operating profit increased by 44% year-on-year. The 2025 profit forecast has been revised upward to RMB 543 million, with a 2025 PE ratio of 11.0 times, representing a 34.5% upside potential.
First Shanghai maintains Tesla (TSLA.O) Buy rating:
FSD v14.2.1 features a major update and expands into the European market, with accelerated deployment in Austria; Optimus Robotics Significantly improved mobility indicates a promising future for humanoid robots ; strong demand for Model Y in China, with orders booked until 2026, and the launch of a lower-priced standard version in Europe stimulating growth; Cybercab's production team expands, and the HW4 camera may be upgraded; Megapack 2XL lands in Hokkaido, Japan, for energy storage. Business is progressing steadily.
(Article source: CLS)
