China Urbanization And Digital Adoption Will Reshape Real Estate Services

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

24 Nov 24

Updated

07 Dec 25

Views

55

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-13.4%

7D

0.3%

Loading

1Y

-13.4%

7D

0.3%

You can edit this narrative until Dec 8 7:05 AM. Then, changes will post as Updates.

Author's Valuation

US$20.3719.1% undervalued

AnalystConsensusTarget Fair Value

Shared on 07 Dec 25

BEKE: Massive Share Repurchases Will Drive Future Upside Potential

Analysts have modestly raised their price target on KE Holdings, citing slightly stronger expectations for revenue growth and a marginally higher discount rate. Together, these factors support a refined valuation outlook.

Shared on 23 Nov 25

Fair value Decreased 9.68%

BEKE: Share Repurchase Program And Platform Expansion Will Support Long-Term Upside

KE Holdings' analyst price target has been reduced from $24.50 to $22. This change reflects analysts' expectations of softer industry trends and revised revenue estimates following the latest quarterly results.

Shared on 06 Nov 25

Fair value Decreased 1.22%

BEKE: Share Repurchase Expansion And Digital Tools Will Drive Long-Term Value

Analysts have slightly lowered their price target for KE Holdings, now projecting $22.55 per share compared to the previous $22.83. They cite persistent softness in China's property market and recent downward revisions to the company's growth estimates.

Shared on 27 Aug 25

Fair value Decreased 3.02%

Analysts have lowered their price target for KE Holdings to $23.21, citing persistent weakness in China’s property market, deteriorating industry trends, and a lack of supportive policy actions, which have led to reduced forecasts for home transaction volumes and revenue. Analyst Commentary Softer industry trends observed in both existing and new home sales since June, leading to reduced revenue and GTV estimates.

Shared on 07 May 25

Fair value Decreased 18%

Shared on 30 Apr 25

Fair value Decreased 0.035%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Increased 25%

AnalystConsensusTarget has increased future PE multiple from 28.3x to 35.0x.

Shared on 16 Apr 25

Fair value Decreased 20%

AnalystConsensusTarget has increased shares outstanding growth rate from -0.1% to 0.0%.

Shared on 09 Apr 25

Fair value Increased 1.02%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 11%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 3.92%

AnalystConsensusTarget has increased revenue growth from 9.2% to 11.6%.

Shared on 19 Mar 25

Fair value Decreased 0.34%

Shared on 10 Mar 25

AnalystConsensusTarget Fair Value

US$20.37

19.1% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

4.00%

Real Estate revenue growth rate

0.19%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

9.85%

Calculation

CN¥7.01b

Earnings '28

x

26.34x

PE Ratio '28

=

CN¥184.54b

Market Cap '28

CN¥184.54b

Market Cap '28

/

966.66m

No. shares '28

=

CN¥190.90

Share Price '28

CN¥190.90 Share Price '28

Discounted to 2025 @ 9.88% p.a.

=

CN¥143.90

Fair Value '25

CN¥143.90 Fair Value '25

Converted to USD @ 0.1414 CNY/USD Exchange Rate

=

US$20.35

Fair Value '25