UBS Upgrades KE Holdings Inc. to Buy with Significant Price Forecast

Fintel reports that on May 16, 2025, UBS upgraded their outlook for KE Holdings Inc. – Depositary Receipt (NYSE: BEKE) from Neutral to Buy.

Analyst Price Forecast Indicates 43.60% Potential Upside

As of May 7, 2025, the average one-year price target for KE Holdings Inc. – Depositary Receipt stands at $27.57 per share. Price predictions range from a low of $24.50 to a high of $32.34. This average represents an increase of 43.60% from its most recent closing price of $19.20 per share.

The projected annual revenue for KE Holdings Inc. – Depositary Receipt is $100,644 million, reflecting a slight increase of 0.23%. The anticipated annual non-GAAP EPS is 4.32.

Fund Sentiment Analysis

Currently, 545 funds or institutions hold positions in KE Holdings Inc. – Depositary Receipt, a decrease of 13 owners or 2.33% from the previous quarter. The average portfolio weight of all funds dedicated to BEKE is 0.54%, marking a substantial increase of 32.91%. However, total institutionally-owned shares fell by 7.01% during the last three months to 521,880K shares. The put/call ratio for BEKE is 0.56, indicating a bullish sentiment among investors.

Recent Institutional Shareholder Activity

Price T Rowe Associates currently holds 36,678K shares, down from 40,479K shares, representing a 10.36% decrease in their holdings. The firm’s allocation in BEKE has decreased by 48.37% over the last quarter.

FIL reports holdings of 26,625K shares, slightly up from the previous 25,847K, amounting to an increase of 2.92%. Their portfolio allocation in BEKE has seen a decline of 36.61% recently.

Capital Research Global Investors maintains 18,173K shares, while Krane Funds Advisors holds 14,916K shares—up from 13,209K shares, representing an 11.44% increase. Nonetheless, this firm also decreased its portfolio allocation in BEKE by 13.50% over the past quarter.

Goldman Sachs Group owns 14,456K shares, a significant increase from 9,144K shares, which equates to a 36.75% increase. However, they reduced their portfolio allocation in BEKE by 67.03% during the last quarter.

About KE Holdings Inc.

(Description provided by the company.)

KE Holdings Inc. operates as a leading integrated online and offline platform for housing transactions and services. The company has pioneered the establishment of industry infrastructure and standards in China, enhancing how service providers and customers navigate housing transactions. This includes everything from existing and new home sales to rentals, renovations, and real estate financial solutions. KE Holdings owns and operates Lianjia, a top real estate brokerage brand and essential component of the Beike platform. With over 18 years of operational experience through Lianjia since its start in 2001, the company aims to drive the efficient and sustainable growth of Beike.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.