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Investing.com - Benchmark raised its price target on Kuaishou Technology (HK:1024) to HK$97.00 from HK$79.00 on Friday, while maintaining a Buy rating on the stock.
The upgrade follows Kuaishou’s better-than-expected second-quarter 2025 results, which showed outperformance across key segments, according to Benchmark.
Benchmark highlighted strong early momentum in Kling AI commercialization as a key factor, supported by rapid product iteration and growing adoption across advertising and content creation. Management has doubled its fiscal year 2025 revenue target for Kling AI, reflecting increased confidence in its monetization potential.
The research firm also noted meaningful progress in AI integration across Kuaishou’s broader ecosystem, which is delivering tangible benefits in user engagement, recommendation efficiency, and ecommerce GMV despite ongoing macro and competitive headwinds.
Benchmark views AI as a long-term growth driver for Kuaishou, enhancing core businesses such as advertising and ecommerce while accelerating Kling AI’s commercialization with incremental revenue contribution.
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