Big Moves | Female Stock God Calls Tesla $2500! Can KUAISHOU-W Rise Another 75%? Netflix Faces "Bargaining"

Ark Invest: Sets Tesla's 2027 target price at $2,000

In a bull market, the stock price is $2,500; in a bear market, the stock price is $1,400.

If calculated based on the latest target price, this price means that the stock still has a maximum increase of 1,434%!

Jefferies: Maintains Netflix's "Buy" rating, lowers target price by 2% to $405

If calculated based on the latest closing price of $325.35, this price means that there is still a 24% upside!

The bank said that although the net increase in paid subscriptions was "slightly insufficient," the first-quarter revenue was in line with expectations. It added that considering the time when the paid sharing policy was fully launched, the guidance for the second quarter was "a bit lower than Wall Street's" forecast.

After the recent earnings report, analysts made "very small adjustments" to their models because they postponed more paid sharing profits from the second quarter to the third quarter and adjusted their expectations for Netflix's content spending.

Morgan Stanley: Gives KUAISHOU-W an "overweight" rating with a target price of HKD 85

If calculated based on the latest closing price of HKD 48.55, this price means that there is still a 75% upside!

KUAISHOU-W was allocated more than 51 million shares by Parallel Nebula Investment Limited, a Tencent subsidiary, accounting for 1.43% of Class B shares. Tencent said that this issuance was carried out in response to requests from some external capital partners. Tencent is confident in KUAISHOU-W's long-term prospects and partnership.

The bank said that since Tencent began to reduce its holdings of JD.com and Meituan stocks, Tencent's potential withdrawal has always been a suspense; KUAISHOU-W is facing the risk of pre-listing investor reduction. In addition, the bank expects the group's average annual compound revenue growth rate to be between about 13% and 18% from 2023 to 2024.

Morgan Stanley: Maintains "overweight" rating for Meituan with a target price of HKD 180

If calculated based on the latest closing price of HKD 137.7, this price means that there is still a 31% upside!

The bank is optimistic about Meituan's response strategy to the competition from Douyin takeaway: the entry barrier for the takeaway market is high, and Meituan has strengthened its competitive moat with a strong network of merchants + consumers + riders. The bank believes that the market will maintain a duopoly, and Meituan will occupy about 70% of the market share. At the same time, the bank is more optimistic about the unit economics (UE), which has reached the mid-term target of RMB 1/order set by management, as the relaxation of regulatory environment reduces the risk of social welfare costs. Nomura: Reiterates Buy Rating on NetEase, Target Price Raised 10% to HKD 168

The bank expects management to provide optimistic guidance in the coming quarters of 2023, thanks to the strong recovery in service consumption, including catering and tourism (revenue may exceed expectations), and the easing of competition pressure from Douyin after reopening, especially in the first quarter of 2023 when Douyin's momentum is slowing down. The bank believes that the market's concerns about competition have been reflected in the stock price, and expects earnings to exceed expectations and major shareholders' progress in selling equity to act as a catalyst.

Nomura: Reiterates Buy Rating on NetEase, Target Price Raised 10% to HKD 168

If calculated at the latest closing price of HKD 142.1, this price implies an upside potential of 18%!

The bank believes that with the promotion of the new game "Egg Party", the first quarter revenue of the mobile game business may exceed RMB 2 billion, equivalent to 4% of last year's mobile game revenue. The bank also expects that the PC version of "Revelation" will be very popular, and related mobile games are expected to be launched in the second quarter, which can become another growth driver. In addition, "Harry Potter: Magic Awakening" is planned to be launched in Japan later this year, which will also consolidate NetEase's position in the local market.