Track market-moving stories before they get noisy

April 24, 2026 07:13 ET  | Source: KE Holdings Inc.

BEIJING, April 24, 2026 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission on April 24, 2026. The annual report can be accessed on the Company’s investor relations website at https://investors.ke.com.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at [email protected].

About KE Holdings Inc.

KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building infrastructure and standards to reinvent how service providers and customers efficiently navigate and complete housing transactions and services in China, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 24 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build its infrastructure and standards and drive the rapid and sustainable growth of Beike.

For investor and media inquiries, please contact:

In China:
KE Holdings Inc.
Investor Relations
Siting Li
E-mail: [email protected] 

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: [email protected] 

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

Source: KE Holdings Inc. 

May 07, 2026 06:00 ET  | Source: KE Holdings Inc.

BEIJING, May 07, 2026 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the first quarter 2026 before the U.S. market opens on Tuesday, May 19, 2026.

The Company’s management will hold an earnings conference call at 8:00 A.M. Eastern Time on Tuesday, May 19, 2026 (8:00 P.M. Beijing Time on Tuesday, May 19, 2026).

For participants who wish to join the conference using dial-in numbers, please complete online registration using the link provided below at least 20 minutes prior to the scheduled call start time. Dial-in numbers, passcode and unique access PIN would be provided upon registering.

Participant Online Registration:

English Line: https://s1.c-conf.com/diamondpass/10054238-3nd54a.html

Chinese Simultaneous Interpretation Line (listen-only mode): https://s1.c-conf.com/diamondpass/10054239-fn5s21.html

A replay of the conference call will be accessible through May 26, 2026, by dialing the following numbers:

United States:+1-855-883-1031Mainland, China:400-1209-216Hong Kong, China:800-930-639International:+61-7-3107-6325Replay PIN (English line):10054238Replay PIN (Chinese simultaneous interpretation line):10054239
A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://investors.ke.com.

About KE Holdings Inc.

KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building infrastructure and standards to reinvent how service providers and customers efficiently navigate and complete housing transactions and services in China, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 24 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build its infrastructure and standards and drive the rapid and sustainable growth of Beike.

For more information, please visit: https://investors.ke.com.

For investor and media inquiries, please contact:

In China:
KE Holdings Inc.
Investor Relations
Siting Li
E-mail: [email protected]

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: [email protected]

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

BEIJING, May 19, 2026 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the first quarter ended March 31, 2026.

Business and Financial Highlights for the First Quarter 2026

Gross transaction value (GTV)1 was RMB711.7 billion (US$103.2 billion), a decrease of 15.6% year-over-year. GTV of existing home transactions was RMB534.4 billion (US$77.5 billion), a decrease of 7.9% year-over-year. GTV of new home transactions was RMB145.9 billion (US$21.2 billion), a decrease of 37.2% year-over-year.Net revenues were RMB18.9 billion (US$2.7 billion), a decrease of 19.0% year-over-year.Net income was RMB1,255 million (US$182 million), an increase of 46.7% year-over-year. Adjusted net income2 was RMB1,611 million (US$234 million), an increase of 15.7% year-over-year.Number of stores was 60,383 as of March 31, 2026, a 6.2% increase from one year ago. Number of active stores3 was 57,666 as of March 31, 2026, a 4.4% increase from one year ago.Number of agents was 526,945 as of March 31, 2026, a 4.2% decrease from one year ago. Number of active agents4 was 453,438 as of March 31, 2026, a 7.6% decrease from one year ago.Mobile monthly active users (MAU)5 averaged 42.7 million in the first quarter of 2026, compared to 44.5 million in the same period of 2025. Mr. Stanley Yongdong Peng, Chairman of the Board and Chief Executive Officer of Beike, commented, “In the first quarter of 2026, we observed positive marginal changes in the real estate market. We also continued to advance efficiency-driven growth, with significant improvements in both operating quality and profitability. Our performance in this quarter reflected our ongoing efforts to enhance resource allocation, organizational efficiency and service quality, and also laid a foundation for the Company to further transition from scale-driven growth to efficiency-driven growth, and from transaction matching to decision-making services. Looking ahead, we will continue to focus on helping consumers make higher-quality residential decisions, enhance the professional capabilities of service providers, organizational efficiency and AI-enabled capabilities, and strive to achieve higher-quality and more sustainable development.”

Mr. Tao Xu, Executive Director and Chief Financial Officer of Beike, added, “In the first quarter of 2026, the Company’s operating quality improved significantly year-over-year. A series of initiatives we have undertaken around resource allocation efficiency, cost structure and unit economics translated into healthier profitability. In the first quarter, both our gross margin and adjusted operating margin reached their highest levels in the past seven quarters.

In the first quarter, we further enhanced shareholder returns by repurchasing approximately US$195 million of our shares, representing a year-over-year increase of approximately 40%. Looking ahead, we will continue to focus on improving customer experience and service provider efficiency, optimizing resource allocation, and further strengthening the Company’s operating efficiency and resilience, while creating long-term, sustainable value for consumers, service providers and shareholders.”

First Quarter 2026 Financial Results

Net Revenues

Net revenues decreased by 19.0% to RMB18.9 billion (US$2.7 billion) in the first quarter of 2026 from RMB23.3 billion in the same period of 2025, primarily attributable to the high base of net revenues from new home and existing home transaction services.

Net revenues from existing home transaction services decreased by 10.7% to RMB6.1 billion (US$0.9 billion) in the first quarter of 2026 from RMB6.9 billion in the same period of 2025, primarily due to a high base effect for GTV of existing home transactions, which decreased by 7.9% to RMB534.4 billion (US$77.5 billion) in the first quarter of 2026 from RMB580.3 billion in the same period of 2025.Among that, (i) commission revenue decreased by 14.1% to RMB4.8 billion (US$0.7 billion) in the first quarter of 2026 from RMB5.6 billion in the same period of 2025, primarily due to a 14.8% decrease in GTV of existing home transactions served by Lianjia stores to RMB188.7 billion (US$27.4 billion) in the first quarter of 2026 from RMB221.4 billion in the same period of 2025; and

(ii) revenues derived from platform service, franchise service and other value-added services, which are mostly charged to connected stores and agents on the Company’s platform, increased by 3.8% to RMB1,340 million (US$194 million) in the first quarter of 2026 from RMB1,291 million in the same period of 2025, primarily due to the increased revenues from certain value-added services which were less directly linked to GTV. This was partially offset by a 3.7% decrease in the GTV of existing home transactions served by connected agents on the Company’s platform to RMB345.7 billion (US$50.1 billion) in the first quarter of 2026 from RMB358.9 billion in the same period of 2025.

Net revenues from new home transaction services decreased by 37.0% to RMB5.1 billion (US$0.7 billion) in the first quarter of 2026 from RMB8.1 billion in the same period of 2025, primarily due to a high base effect for GTV of new home transactions in the same period of 2025, which decreased by 37.2% to RMB145.9 billion (US$21.2 billion) in the first quarter of 2026 from RMB232.2 billion in the same period of 2025. Of these, the GTV of new home transactions facilitated on Beike platform through connected agents, dedicated sales team with the expertise in new home transaction services and other sales channels decreased by 37.5% to RMB119.9 billion (US$17.4 billion) in the first quarter of 2026 from RMB192.0 billion in the same period of 2025, while the GTV of new home transactions served by Lianjia brand decreased by 35.4% to RMB26.0 billion (US$3.8 billion) in the first quarter of 2026 from RMB40.3 billion in the same period of 2025.Net revenues from home renovation and furnishing decreased by 20.6% to RMB2.3 billion (US$0.3 billion) in the first quarter of 2026 from RMB2.9 billion in the same period of 2025, as the Company proactively optimized the channel mix in customer acquisition and moderated pace of certain non-brokerage channels.Net revenues from home rental services decreased by 1.5% to RMB5.0 billion (US$0.7 billion) in the first quarter of 2026 from RMB5.1 billion in the same period of 2025, primarily due to the impact of an increasing proportion of new service offerings within the Carefree Rent business. Under the new model, revenue is recognized based on net service fees derived from two sources: (1) commissions earned for facilitating the signing of lease agreements between homeowners and tenants; and (2) fees for lease term management services rendered throughout the lease period. The decrease was partially offset by the increase in the number of rental units under the Carefree Rent model. Net revenues from emerging and other services decreased by 8.1% to RMB321 million (US$47 million) in the first quarter of 2026 from RMB350 million in the same period of 2025, primarily due to the decrease of revenues from ancillary services.
Cost of Revenues

Total cost of revenues decreased by 22.6% to RMB14.3 billion (US$2.1 billion) in the first quarter of 2026 from RMB18.5 billion in the same period of 2025.

Commission – split. The Company’s cost of revenues for commissions to connected agents and other sales channels decreased by 38.2% to RMB3.5 billion (US$0.5 billion) in the first quarter of 2026 from RMB5.7 billion in the same period of 2025, primarily due to the decrease in GTV of new home transactions facilitated through connected agents and other sales channels.Commission and compensation – internal. The Company’s cost of revenues for internal commission and compensation decreased by 17.9% to RMB4.0 billion (US$0.6 billion) in the first quarter of 2026 from RMB4.8 billion in the same period of 2025, primarily attributable to the decrease in commission of Lianjia agents, consistent with the decreased GTV of existing and new home transactions they served, as well as the decreased fixed personnel costs due to the Company's disciplined headcount control. Cost of home renovation and furnishing. The Company’s cost of revenues for home renovation and furnishing was RMB1.5 billion (US$0.2 billion) in the first quarter of 2026, a decrease of 24.9% from RMB2.0 billion in the same period of 2025, primarily due to lower net revenues from home renovation and furnishing. Meanwhile, enhanced supply chain capabilities helped reduce material costs and improve the contribution margin of the home renovation and furnishing business.Cost of home rental services. The Company’s cost of revenues for home rental services, which mainly consists of variable cost, decreased by 10.0% to RMB4.3 billion (US$0.6 billion) in the first quarter of 2026 from RMB4.7 billion in the same period of 2025. Despite relatively stable year-over-year revenue performance for home rental services in the first quarter of 2026, the segment achieved a notable uplift in contribution margin, driven primarily by the continuous increase in the proportion of high-margin new service offerings under Carefree Rent business. In addition, improved operational efficiency, further optimized the overall cost structure and supported healthier profitability.Cost related to stores. The Company’s cost related to stores decreased by 20.3% to RMB0.6 billion (US$0.1 billion) in the first quarter of 2026 from RMB0.7 billion in the same period of 2025, primarily attributable to Lianjia store optimization. Other costs. The Company’s other costs decreased by 5.0% to RMB520 million (US$75 million) in the first quarter of 2026 from RMB547 million in the same period of 2025, primarily attributable to the decreased taxes and surcharges, which was in line with the trend in net revenues.
Gross Profit

Gross profit decreased by 5.4% to RMB4.6 billion (US$0.7 billion) in the first quarter of 2026 from RMB4.8 billion in the same period of 2025. Gross margin increased to 24.1% in the first quarter of 2026 from 20.7% in the same period of 2025, primarily due to a) higher contribution of net revenues from existing home transaction services, which historically carried higher contribution margins than other revenue streams, b) a higher contribution margin of existing home transaction services, primarily attributable to the decreased fixed personnel costs driven by cost optimization, and c) the improved contribution margin of home rental services.

Income from Operations

Total operating expenses decreased by 22.3% to RMB3.3 billion (US$0.5 billion) in the first quarter of 2026 from RMB4.2 billion in the same period of 2025, primarily due to the Company’s cost optimization initiatives.

General and administrative expenses decreased by 8.6% to RMB1.7 billion (US$0.2 billion) in the first quarter of 2026 from RMB1.9 billion in the same period of 2025, primarily due to the decrease in share-based compensation expenses.Sales and marketing expenses decreased by 39.0% to RMB1.1 billion (US$0.2 billion) in the first quarter of 2026 from RMB1.8 billion in the same period of 2025, primarily due to the Company’s cost optimization initiatives, including lower personnel costs and reduced advertising and promotion expenses, as well as the decreased scale-driven variable selling expenses of home renovation and furnishing.Research and development expenses decreased by 15.6% to RMB493 million (US$71 million) in the first quarter of 2026 from RMB584 million in the same period of 2025, primarily due to the Company’s cost optimization initiatives.
Income from operations was RMB1,273 million (US$185 million) in the first quarter of 2026, compared to income from operations of RMB591 million in the same period of 2025. Operating margin increased to 6.7% in the first quarter of 2026 from 2.5% in the same period of 2025, primarily due to the increased gross profit margin and improved operating leverage.

Adjusted income from operations6 was RMB1,665 million (US$241 million) in the first quarter of 2026, compared to RMB1,148 million in the same period of 2025. Adjusted operating margin7 was 8.8% in the first quarter of 2026, compared to 4.9% in the same period of 2025. Adjusted EBITDA8 was RMB2,235 million (US$324 million) in the first quarter of 2026, compared to RMB1,842 million in the same period of 2025.

Net Income

Net income increased by 46.7% to RMB1,255 million (US$182 million) in the first quarter of 2026 from RMB855 million in the same period of 2025.

Adjusted net income increased by 15.7% to RMB1,611 million (US$234 million) in the first quarter of 2026, from RMB1,393 million in the same period of 2025.

Net Income attributable to KE Holdings Inc.’s Ordinary Shareholders

Net income attributable to KE Holdings Inc.’s ordinary shareholders was RMB1,255 million (US$182 million) in the first quarter of 2026, compared to RMB856 million in the same period of 2025.

Adjusted net income attributable to KE Holdings Inc.’s ordinary shareholders9 was RMB1,612 million (US$234 million) in the first quarter of 2026, compared to RMB1,393 million in the same period of 2025.

Net Income per ADS

Basic and diluted net income per ADS attributable to KE Holdings Inc.’s ordinary shareholders10 were RMB1.15 (US$0.17) and RMB1.11 (US$0.16) in the first quarter of 2026, respectively, compared to basic and diluted net income per ADS attributable to KE Holdings Inc.’s ordinary shareholders of RMB0.76 and RMB0.73 in the same period of 2025, respectively.

Adjusted basic and diluted net income per ADS attributable to KE Holdings Inc.’s ordinary shareholders11 were RMB1.48 (US$0.21) and RMB1.42 (US$0.20) in the first quarter of 2026, respectively, compared to RMB1.24 and RMB1.19 in the same period of 2025, respectively.

Cash, Cash Equivalents, Restricted Cash and Short-Term Investments

As of March 31, 2026, the combined balance of the Company’s cash, cash equivalents, restricted cash and short-term investments amounted to RMB53.9 billion (US$7.8 billion).

Share Repurchase Program

As previously disclosed, the Company established a share repurchase program in August 2022 and upsized and extended it in August 2023, August 2024 and August 2025, under which the Company may purchase up to US$5 billion of its Class A ordinary shares and/or ADSs until August 31, 2028, subject to obtaining general unconditional mandate for the repurchase from the shareholders of the Company at each of the next three annual general meetings to be held in the forthcoming years to continue its share repurchase after the expiry of the existing share repurchase mandate granted by the annual general meeting held on June 27, 2025. As of March 31, 2026, the Company in aggregate has purchased approximately 171.2 million ADSs (representing approximately 513.6 million Class A ordinary shares) on the New York Stock Exchange with a total consideration of approximately US$2,741.7 million under this share repurchase program since its launch.

Conference Call Information

The Company will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on Tuesday, May 19, 2026 (8:00 P.M. Beijing/Hong Kong Time on Tuesday, May 19, 2026) to discuss the financial results.

For participants who wish to join the conference call using dial-in numbers, please complete online registration using the link provided below at least 20 minutes prior to the scheduled call start time. Dial-in numbers, passcode and unique access PIN would be provided upon registering.

Participant Online Registration:

Chinese Line: https://s1.c-conf.com/diamondpass/10054239-fn5s21.html

English Simultaneous Interpretation Line (listen-only mode): https://s1.c-conf.com/diamondpass/10054238-3nd54a.html

A replay of the conference call will be accessible through May 26, 2026, by dialing the following numbers:

United States:+1-855-883-1031Mainland, China:400-1209-216Hong Kong, China:800-930-639International:+61-7-3107-6325Replay PIN (Chinese line):10054239Replay PIN (English simultaneous interpretation line):10054238   A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://investors.ke.com.

Exchange Rate

This press release contains translations of certain RMB amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB6.8980 to US$1.00, the noon buying rate in effect on March 31, 2026, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all. For analytical presentation, all percentages are calculated using the numbers presented in the financial information contained in this earnings release.

Non-GAAP Financial Measures

The Company uses adjusted income (loss) from operations, adjusted net income (loss), adjusted net income (loss) attributable to KE Holdings Inc.’s ordinary shareholders, adjusted operating margin, adjusted EBITDA and adjusted net income (loss) per ADS attributable to KE Holdings Inc.’s ordinary shareholders, each a non-GAAP financial measure, in evaluating its operating results and formulating its business plan. Beike believes that these non-GAAP financial measures help identify underlying trends in the Company’s business that could otherwise be distorted by the effect of certain expenses that the Company includes in its net income (loss). Beike also believes that these non-GAAP financial measures provide useful information about its results of operations, enhance the overall understanding of its past performance and future prospects and allow for greater visibility with respect to key metrics used by its management in formulating its business plan. A limitation of using these non-GAAP financial measures is that these non-GAAP financial measures exclude share-based compensation expenses that have been, and will continue to be for the foreseeable future, a significant recurring expense in the Company’s business. The Group recognized fair value loss and impairment in relation to its investments in Beihaojia business. As such impairment does not represent a non-recurring item, it has not been excluded when calculating Non‑GAAP financial measures.

The presentation of these non-GAAP financial measures should not be considered in isolation or construed as an alternative to gross profit, net income (loss) or any other measure of performance or as an indicator of its operating performance. Investors are encouraged to review these non-GAAP financial measures and the reconciliation to the most directly comparable GAAP measures. The non-GAAP financial measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company’s data. Beike encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. Adjusted income (loss) from operations is defined as income (loss) from operations, excluding (i) share-based compensation expenses, and (ii) amortization of intangible assets resulting from acquisitions and business cooperation agreement. Adjusted operating margin is defined as adjusted income (loss) from operations as a percentage of net revenues. Adjusted net income (loss) is defined as net income (loss), excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from acquisitions and business cooperation agreement, (iii) changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration, (iv) impairment of investments, and (v) tax effects of the above non-GAAP adjustments. Adjusted net income (loss) attributable to KE Holdings Inc.’s ordinary shareholders is defined as net income (loss) attributable to KE Holdings Inc.’s ordinary shareholders, excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from acquisitions and business cooperation agreement, (iii) changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration, (iv) impairment of investments, (v) tax effects of the above non-GAAP adjustments, and (vi) effects of non-GAAP adjustments on net income (loss) attributable to non-controlling interests shareholders. Adjusted EBITDA is defined as net income (loss), excluding (i) income tax expense, (ii) share-based compensation expenses, (iii) amortization of intangible assets, (iv) depreciation of property, plant and equipment, (v) interest income, net, (vi) changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration, and (vii) impairment of investments. Adjusted net income (loss) per ADS attributable to KE Holdings Inc.’s ordinary shareholders is defined as adjusted net income (loss) attributable to KE Holdings Inc.’s ordinary shareholders divided by weighted average number of ADS outstanding during the periods used in calculating adjusted net income (loss) per ADS, basic and diluted.

Please see the “Unaudited reconciliation of GAAP and non-GAAP results” included in this press release for a full reconciliation of each non-GAAP measure to its respective comparable GAAP measure.

About KE Holdings Inc.

KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building infrastructure and standards to reinvent how service providers and customers efficiently navigate and complete housing transactions and services in China, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 24 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build its infrastructure and standards and drive the rapid and sustainable growth of Beike.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Among other things, the quotations from management in this press release, as well as Beike’s strategic and operational plans, contain forward-looking statements. Beike may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”) and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about KE Holdings Inc.’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Beike’s goals and strategies; Beike’s future business development, financial condition and results of operations; expected changes in the Company’s revenues, costs or expenditures; Beike’s ability to empower services and facilitate transactions on Beike platform; competition in the industry in which Beike operates; relevant government policies and regulations relating to the industry; Beike’s ability to protect the Company’s systems and infrastructures from cyber-attacks; Beike’s dependence on the integrity of brokerage brands, stores and agents on the Company’s platform; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in KE Holdings Inc.’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and KE Holdings Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please visit: https://investors.ke.com.

For investor and media inquiries, please contact:

In China:
KE Holdings Inc.
Investor Relations
Siting Li
E-mail: [email protected]

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: [email protected]

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

Source: KE Holdings Inc.

KE Holdings Inc.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(All amounts in thousands, except for share, per share data)

  As of
December 31, As of
March 31,  2025 2026  RMB RMB US$       ASSETS      Current assets      Cash and cash equivalents 7,773,182 11,074,476 1,605,462Restricted cash 8,170,605 8,901,929 1,290,509Short-term investments 39,579,961 33,911,411 4,916,122Financing receivables, net of allowance for credit losses of RMB174,478 and RMB177,785 as of December 31, 2025 and March 31, 2026, respectively 1,353,682 2,104,898 305,146Accounts receivable and contract assets, net of allowance for credit losses of RMB1,612,202 and RMB1,647,075 as of December 31, 2025 and March 31, 2026, respectively 3,936,976 4,037,061 585,251Amounts due from and prepayments to related parties 409,867 402,819 58,396Short-term loan receivables from related parties 315,755 78,794 11,423Inventories 2,854,034 2,800,860 406,039Prepayments, receivables and other assets 3,726,128 3,770,401 546,593Total current assets 68,120,190 67,082,649 9,724,941Non-current assets      Property, plant and equipment, net 2,069,624 1,962,709 284,533Right-of-use assets 19,144,129 16,173,939 2,344,729Long-term investments, net 20,148,524 19,822,114 2,873,603Intangible assets, net 722,676 691,085 100,186Goodwill 4,660,360 4,660,360 675,610Long-term loan receivables from related parties 39,573 19,935 2,890Other non-current assets 1,763,102 1,903,273 275,917Total non-current assets 48,547,988 45,233,415 6,557,468TOTAL ASSETS 116,668,178 112,316,064 16,282,409 KE Holdings Inc.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Continued)
(All amounts in thousands, except for share, per share data)

  As of
December 31, As of
March 31,  2025 2026  RMB RMB US$       LIABILITIES      Current liabilities      Accounts payable 6,052,129 5,002,359 725,190Amounts due to related parties 348,467 338,597 49,086Short-term loan payable to related parties 497,939 678,095 98,303Employee compensation and welfare payable 6,504,197 3,905,833 566,227Customer deposits payable 4,157,248 5,326,103 772,123Income taxes payable 702,607 890,947 129,160Short-term borrowings 207,717 139,387 20,207Lease liabilities current portion 10,658,576 8,933,570 1,295,096Contract liabilities and deferred revenue 5,690,293 6,166,467 893,950Accrued expenses and other current liabilities 7,588,077 9,665,273 1,401,170Total current liabilities 42,407,250 41,046,631 5,950,512Non-current liabilities      Deferred tax liabilities 317,209 317,209 45,986Lease liabilities non-current portion 6,969,571 5,743,608 832,648Long-term borrowings 182,917 215,062 31,177Long-term loan payable to related parties 259,249 561,249 81,364Other non-current liabilities 2,148 2,050 297Total non-current liabilities 7,731,094 6,839,178 991,472TOTAL LIABILITIES 50,138,344 47,885,809 6,941,984 KE Holdings Inc.
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Continued)
(All amounts in thousands, except for share, per share data)

  As of
December 31, As of
March 31,  2025
 2026
  RMB RMB US$       SHAREHOLDERS’ EQUITY      KE Holdings Inc. shareholders’ equity      Ordinary shares (US$0.00002 par value; 25,000,000,000 ordinary shares authorized, comprising of 24,114,698,720 Class A ordinary shares and 885,301,280 Class B ordinary shares. 3,366,778,024 Class A ordinary shares issued and 3,233,808,859 Class A ordinary shares outstanding(1) as of December 31, 2025; 3,391,029,167 Class A ordinary shares issued and 3,227,105,126 Class A ordinary shares outstanding(1) as of March 31, 2026; and 139,447,770 and 138,588,377 Class B ordinary shares issued and outstanding as of December 31, 2025 and March 31, 2026, respectively) 450  451  65 Treasury shares (848,433) (1,354,868) (196,415)Additional paid-in capital 64,802,176  62,598,048  9,074,811 Statutory reserves 1,054,872  1,054,872  152,924 Accumulated other comprehensive income 290,029  20,436  2,963 Retained earnings 1,142,194  2,052,803  297,594 Total KE Holdings Inc. shareholders' equity 66,441,288  64,371,742  9,331,942 Non-controlling interests 88,546  58,513  8,483 TOTAL SHAREHOLDERS' EQUITY 66,529,834  64,430,255  9,340,425 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 116,668,178  112,316,064  16,282,409            (1) Excluding the Class A ordinary shares registered in the name of the depositary bank for future issuance of ADSs upon the exercise or vesting of awards granted under our share incentive plans and the Class A ordinary shares repurchased but not cancelled in the form of ADSs.

KE Holdings Inc.
UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
(All amounts in thousands, except for share, per share data, ADS and per ADS data) For the Three Months Ended  March 31,
2025 March 31,
2026 March 31,
2026 RMB RMB US$      Net revenues     Existing home transaction services6,870,407  6,132,034  888,958 New home transaction services8,074,995  5,086,868  737,441 Home renovation and furnishing2,945,443  2,339,098  339,098 Home rental services5,087,776  5,012,701  726,689 Emerging and other services349,726  321,276  46,575 Total net revenues23,328,347  18,891,977  2,738,761 Cost of revenues     Commission-split(5,693,140) (3,519,769) (510,259)Commission and compensation-internal(4,818,277) (3,957,380) (573,700)Cost of home renovation and furnishing(1,985,956) (1,492,188) (216,322)Cost of home rental services(4,746,056) (4,271,229) (619,198)Cost related to stores(716,809) (571,498) (82,850)Others(547,217) (519,938) (75,375)Total cost of revenues(1)(18,507,455) (14,332,002) (2,077,704)Gross profit4,820,892  4,559,975  661,057 Operating expenses     Sales and marketing expenses(1)(1,772,957) (1,082,144) (156,878)General and administrative expenses(1)(1,873,760) (1,712,546) (248,267)Research and development expenses(1)(583,610) (492,565) (71,407)Total operating expenses(4,230,327) (3,287,255) (476,552)Income from operations590,565  1,272,720  184,505 Interest income, net268,568  134,947  19,563 Share of results of equity investees7,345  (16,402) (2,378)Fair value changes in investments, net110,486  135,781  19,684 Impairment loss for equity investments accounted for using Measurement Alternative-  (571) (83)Foreign currency exchange loss(39,633) (1,463) (212)Other income, net445,447  306,712  44,464 Income before income tax expense1,382,778  1,831,724  265,543 Income tax expense(527,455) (576,647) (83,596)Net income 855,323  1,255,077  181,947  KE Holdings Inc.
UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Continued)
(All amounts in thousands, except for share, per share data, ADS and per ADS data) For the Three Months Ended  March 31,
2025 March 31,
2026 March 31,
2026 RMB RMB US$      Net loss attributable to non-controlling interests shareholders444  414  60 Net income attributable to KE Holdings Inc.855,767  1,255,491  182,007 Net income attributable to KE Holdings Inc.’s ordinary shareholders855,767  1,255,491  182,007       Net income 855,323  1,255,077  181,947 Currency translation adjustments(23,695) (275,482) (39,937)Unrealized gains on available-for-sale investments, net of reclassification31,475  5,889  854 Total comprehensive income 863,103  985,484  142,864 Comprehensive loss attributable to non-controlling interests shareholders444  414  60 Comprehensive income attributable to KE Holdings Inc.863,547  985,898  142,924 Comprehensive income attributable to KE Holdings Inc.’s ordinary shareholders863,547  985,898  142,924  KE Holdings Inc.
UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Continued)
(All amounts in thousands, except for share, per share data, ADS and per ADS data) For the Three Months Ended March 31,
2025 March 31,
2026 March 31,
2026 RMB RMB US$      Weighted average number of ordinary shares used in computing net income per share, basic and diluted     —Basic3,362,716,016 3,275,963,218 3,275,963,218—Diluted3,522,002,071 3,402,938,108 3,402,938,108      Weighted average number of ADS used in computing net income per ADS, basic and diluted     —Basic1,120,905,339 1,091,987,739 1,091,987,739—Diluted1,174,000,690 1,134,312,703 1,134,312,703      Net income per share attributable to KE Holdings Inc.'s ordinary shareholders     —Basic0.25 0.38 0.06—Diluted0.24 0.37 0.05      Net income per ADS attributable to KE Holdings Inc.'s ordinary shareholders     —Basic0.76 1.15 0.17—Diluted0.73 1.11 0.16      (1) Includes share-based compensation expenses as follows:Cost of revenues109,558 96,172 13,942Sales and marketing expenses45,295 39,783 5,767General and administrative expenses331,203 205,540 29,797Research and development expenses41,113 24,557 3,560       KE Holdings Inc.
UNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS
(All amounts in thousands, except for share, per share data, ADS and per ADS data)

 For the Three Months Ended  March 31,
2025 March 31,
2026 March 31,
2026 RMB RMB US$      Income from operations590,565  1,272,720  184,505 Share-based compensation expenses527,169  366,052  53,066 Amortization of intangible assets resulting from acquisitions and business cooperation agreement29,883  26,684  3,868 Adjusted income from operations1,147,617  1,665,456  241,439       Net income855,323  1,255,077  181,947 Share-based compensation expenses527,169  366,052  53,066 Amortization of intangible assets resulting from acquisitions and business cooperation agreement29,883  26,684  3,868 Changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration(13,084) (30,329) (4,397)Impairment of investments-  571  83 Tax effects on non-GAAP adjustments(6,494) (6,602) (957)Adjusted net income 1,392,797  1,611,453  233,610       Net income 855,323  1,255,077  181,947 Income tax expense527,455  576,647  83,596 Share-based compensation expenses527,169  366,052  53,066 Amortization of intangible assets35,171  31,579  4,578 Depreciation of property, plant and equipment178,254  170,018  24,647 Interest income, net(268,568) (134,947) (19,563)Changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration(13,084) (30,329) (4,397)Impairment of investments-  571  83 Adjusted EBITDA1,841,720  2,234,668  323,957       Net income attributable to KE Holdings Inc.’s ordinary shareholders855,767  1,255,491  182,007 Share-based compensation expenses527,169  366,052  53,066 Amortization of intangible assets resulting from acquisitions and business cooperation agreement29,883  26,684  3,868 Changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration(13,084) (30,329) (4,397)Impairment of investments-  571  83 Tax effects on non-GAAP adjustments(6,494) (6,602) (957)Effects of non-GAAP adjustments on net income attributable to non-controlling interests shareholders(7) -  - Adjusted net income attributable to KE Holdings Inc.’s ordinary shareholders1,393,234  1,611,867  233,670  KE Holdings Inc.
UNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS (Continued)
(All amounts in thousands, except for share, per share data, ADS and per ADS data)

 For the Three Months Ended  March 31,
2025 March 31,
2026 March 31,
2026 RMB RMB US$      Weighted average number of ADS used in computing net income per ADS, basic and diluted     —Basic1,120,905,339 1,091,987,739 1,091,987,739—Diluted1,174,000,690 1,134,312,703 1,134,312,703      Weighted average number of ADS used in calculating adjusted net income per ADS, basic and diluted     —Basic1,120,905,339 1,091,987,739 1,091,987,739—Diluted1,174,000,690 1,134,312,703 1,134,312,703      Net income per ADS attributable to KE Holdings Inc.'s ordinary shareholders     —Basic0.76 1.15 0.17—Diluted0.73 1.11 0.16      Non-GAAP adjustments to net income per ADS attributable to KE Holdings Inc.'s ordinary shareholders     —Basic0.48 0.33 0.04—Diluted0.46 0.31 0.04      Adjusted net income per ADS attributable to KE Holdings Inc.'s ordinary shareholders     —Basic1.24 1.48 0.21—Diluted1.19 1.42 0.20       KE Holdings Inc.
UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
(All amounts in thousands)

 For the Three Months Ended  March 31,
2025 March 31,
2026 March 31,
2026 RMB RMB US$      Net cash used in operating activities(3,965,271) (1,471,302) (213,296)Net cash provided by investing activities6,285,669  5,013,815  726,849 Net cash provided by financing activities261,073  502,878  72,902 Effect of exchange rate change on cash, cash equivalents and restricted cash35,500  (12,773) (1,848)Net increase in cash, cash equivalents and restricted cash2,616,971  4,032,618  584,607 Cash, cash equivalents and restricted cash at the beginning of the period20,301,414  15,943,787  2,311,364 Cash, cash equivalents and restricted cash at the end of the period22,918,385  19,976,405  2,895,971  KE Holdings Inc.
UNAUDITED SEGMENT CONTRIBUTION MEASURE
(All amounts in thousands)  For the Three Months Ended   March 31,
2025 March 31,
2026 March 31,
2026  RMB RMB US$Existing home transaction services      Net revenues 6,870,407  6,132,034  888,958 Commission and compensation (4,252,291) (3,598,676) (521,698)Contribution 2,618,116  2,533,358  367,260 New home transaction services      Net revenues 8,074,995  5,086,868  737,441 Commission and compensation (6,185,772) (3,778,272) (547,734)Contribution 1,889,223  1,308,596  189,707 Home renovation and furnishing      Net revenues 2,945,443  2,339,098  339,098 Material costs, commission and compensation (1,985,956) (1,492,188) (216,322)Contribution 959,487  846,910  122,776 Home rental services      Net revenues 5,087,776  5,012,701  726,689 Property leasing costs, commission and compensation (4,746,056) (4,271,229) (619,198)Contribution 341,720  741,472  107,491 Emerging and other services      Net revenues 349,726  321,276  46,575 Commission and compensation (73,354) (100,201) (14,527)Contribution 276,372  221,075  32,048  KE Holdings Inc.
UNAUDITED SEGMENT CONTRIBUTION MEASURE (Continued)
(All amounts in thousands)  For the Three Months Ended   March 31,
2025 March 31,
2026 March 31,
2026  RMB RMB US$Reconciliation of profit      Cost related to stores (716,809) (571,498) (82,850)Other costs (547,217) (519,938) (75,375)Amounts not allocated to segment:      Sales and marketing expenses (1,772,957) (1,082,144) (156,878)General and administrative expenses (1,873,760) (1,712,546) (248,267)Research and development expenses (583,610) (492,565) (71,407)Total operating expenses (4,230,327) (3,287,255) (476,552)Income from operations 590,565   1,272,720   184,505   _______________________________

1 GTV for a given period is calculated as the total value of all transactions which the Company facilitated on the Company’s platform and evidenced by signed contracts as of the end of the period, including the value of the existing home transactions, new home transactions, home renovation and furnishing and emerging and other services (excluding home rental services), and including transactions that are contracted but pending closing at the end of the relevant period. For the avoidance of doubt, for transactions that failed to close afterwards, the corresponding GTV represented by these transactions will be deducted accordingly.
2 Adjusted net income (loss) is a non-GAAP financial measure, which is defined as net income (loss), excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from acquisitions and business cooperation agreement, (iii) changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration, (iv) impairment of investments, and (v) tax effects of the above non-GAAP adjustments. Please refer to the section titled “Unaudited reconciliation of GAAP and non-GAAP results” for details.
3 Based on our accumulated operational experience, we have introduced the operating metrics of number of active stores and number of active agents on our platform, which can better reflect the operational activeness of stores and agents on our platform.
“Active stores” as of a given date is defined as stores on our platform excluding the stores which (i) have not facilitated any housing transaction during the preceding 60 days, (ii) do not have any agent who has engaged in any critical steps in housing transactions (including but not limited to introducing new properties, attracting new customers and conducting property showings) during the preceding seven days, or (iii) have not been visited by any agent during the preceding 14 days. The number of active stores was 55,210 as of March 31, 2025.
4 “Active agents” as of a given date is defined as agents on our platform excluding the agents who (i) delivered notice to leave but have not yet completed the exit procedures, (ii) have not engaged in any critical steps in housing transactions (including but not limited to introducing new properties, attracting new customers and conducting property showings) during the preceding 30 days, or (iii) have not participated in facilitating any housing transaction during the preceding three months. The number of active agents was 490,862 as of March 31, 2025.
5 “Mobile monthly active users” or “mobile MAU” are to the sum of (i) the number of accounts that have accessed our platform through our Beike or Lianjia mobile app (with duplication eliminated) at least once during a month, and (ii) the number of Weixin users that have accessed our platform through our Weixin Mini Programs at least once during a month. Average mobile MAU for any period is calculated by dividing (i) the sum of the Company’s mobile MAUs for each month of such period, by (ii) the number of months in such period.
6 Adjusted income (loss) from operations is a non-GAAP financial measure, which is defined as income (loss) from operations, excluding (i) share-based compensation expenses, and (ii) amortization of intangible assets resulting from acquisitions and business cooperation agreement. Please refer to the section titled “Unaudited reconciliation of GAAP and non-GAAP results” for details.
7 Adjusted operating margin is adjusted income (loss) from operations as a percentage of net revenues.
8 Adjusted EBITDA is a non-GAAP financial measure, which is defined as net income (loss), excluding (i) income tax expense, (ii) share-based compensation expenses, (iii) amortization of intangible assets, (iv) depreciation of property, plant and equipment, (v) interest income, net, (vi) changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration, and (vii) impairment of investments. Please refer to the section titled “Unaudited reconciliation of GAAP and non-GAAP results” for details.
9 Adjusted net income (loss) attributable to KE Holdings Inc.’s ordinary shareholders is a non-GAAP financial measure, which is defined as net income (loss) attributable to KE Holdings Inc.’s ordinary shareholders, excluding (i) share-based compensation expenses, (ii) amortization of intangible assets resulting from acquisitions and business cooperation agreement, (iii) changes in fair value from long-term investments, loan receivables measured at fair value and contingent consideration, (iv) impairment of investments, (v) tax effects of the above non-GAAP adjustments, and (vi) effects of non-GAAP adjustments on net income (loss) attributable to non-controlling interests shareholders. Please refer to the section titled “Unaudited reconciliation of GAAP and non-GAAP results” for details.
10 ADS refers to American Depositary Share. Each ADS represents three Class A ordinary shares of the Company. Net income (loss) per ADS attributable to KE Holdings Inc.’s ordinary shareholders is net income (loss) attributable to ordinary shareholders divided by weighted average number of ADS outstanding during the periods used in calculating net income (loss) per ADS, basic and diluted.
11 Adjusted net income (loss) per ADS attributable to KE Holdings Inc.’s ordinary shareholders is a non-GAAP financial measure, which is defined as adjusted net income (loss) attributable to KE Holdings Inc.’s ordinary shareholders divided by weighted average number of ADS outstanding during the periods used in calculating adjusted net income (loss) per ADS, basic and diluted. Please refer to the section titled “Unaudited reconciliation of GAAP and non-GAAP results” for details.

KE Holdings Inc. (BEKE) Q1 2026 Earnings Call Transcript

On May 21, 2026, KE Holdings Inc BEKE shares fell 6.5% today, bringing the current price to $16.89. The stock has experienced a 52-week range of $14.40 to $20.98, reflecting volatility in its performance over the past year.

GF Value™ verdict: The current price is $16.89, which is 9.1% below the GF Value™ estimate of $18.58.GF Score™: 71/100, indicating an above-average rating.Most notable signal: Financial Strength, rated 8/10, suggesting solid financial health. Is BEKE Overvalued or Undervalued? Based on the current price of $16.89, KE Holdings Inc appears to be undervalued compared to the GF Value™ estimate of $18.58, representing a margin of safety of 9.1%. This suggests that there may be an opportunity for investors to acquire the stock at a lower price than its intrinsic value. The GF Valuation label indicates that the stock is fairly valued; however, the current market price being below the GF Value™ could imply potential gains if the stock price aligns with its intrinsic value in the future.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The current valuation, therefore, presents a potentially favorable scenario for investors looking for value-oriented opportunities, though one should remain cautious about the broader market conditions and the company's future performance prospects.

How Does BEKE's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 40.0x 40.2x Forward P/E 20.4x N/A The current P/E ratio of 40.0x is slightly below its 5-year median P/E of 40.2x, indicating that the stock is trading within its historical valuation range. Moreover, the forward P/E of 20.4x suggests a more favorable outlook in the coming periods. This P/E analysis aligns with the GF Value™ verdict, reinforcing the perspective that the stock may be undervalued compared to its historical performance metrics.

What Does BEKE's GF Score™ Tell Us? Metric Rating GF Score™ 71 Financial Strength 8/10 Profitability 4/10 Growth 5/10 Valuation 9/10 Momentum 4/10 KE Holdings Inc's GF Score™ of 71/100 indicates a strong performance relative to its peers, particularly in Financial Strength and Valuation, where it scored 8/10 and 9/10, respectively. However, it shows weaker performance in Profitability and Momentum with scores of 4/10, suggesting a need for improvement in these areas. Overall, the strong Valuation score aligns with the observation of undervaluation based on the GF Value™, while the relatively lower Profitability and Momentum scores might warrant caution for prospective investors.

What Are Insiders Doing with BEKE Stock? There have been no insider transactions in the last three months for KE Holdings Inc. This lack of activity may suggest that insiders are not currently making moves to buy or sell shares, which can indicate a neutral or stable outlook from those closest to the company. While insider activity can be a strong indicator of future performance, the absence of transactions does not provide a definitive signal either way.

What This Means for Investors Based on the analysis of GF Value™, KE Holdings Inc BEKE shares appear to be undervalued at the current price of $16.89, compared to the GF Value™ estimate of $18.58. This presents a potential opportunity for investors looking for undervalued stocks, although it is important to consider the company's financial health and market conditions moving forward.

For the complete analysis, visit the KE Holdings Inc BEKE stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is BEKE's GF Score™?

BEKE has a GF Score™ of 71/100, indicating an above-average rating that suggests potential for higher long-term returns compared to its peers.

Is BEKE overvalued or undervalued?

BEKE is currently undervalued, with a market price of $16.89, which is 9.1% below the GF Value™ estimate of $18.58.

What is BEKE's P/E ratio?

The current P/E (TTM) ratio for BEKE is 40.0x, which is slightly below its 5-year median of 40.2x, indicating it is trading within historical valuation ranges.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

June 12, 2026 08:07 ET  | Source: KE Holdings Inc.

BEIJING, June 12, 2026 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that each of the proposed resolutions submitted for shareholders’ approval (the “Proposed Resolutions”) as set forth in the notice of annual general meeting dated April 24, 2026 has been adopted at the meeting held in Beijing, China today.

After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder were approved, including, among other things, that (i) the Company’s existing memorandum and articles of association are amended and restated by their deletion in their entirety and by the substitution in their place of the seventh amended and restated memorandum and articles of association as set out in the circular of the Company dated April 24, 2026, (ii) each of Mr. Wangang Xu and Mr. Tao Xu is re-elected as an executive director of the Company and Mr. Hansong Zhu is re-elected as an independent non-executive director of the Company, and (iii) the directors of the Company are granted a general unconditional mandate to allot, issue and deal with additional Class A ordinary shares or equivalents and a general unconditional mandate to repurchase the Company’s own shares, respectively, on the terms and in the periods as set out in the notice of annual general meeting.

About KE Holdings Inc.

KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building infrastructure and standards to reinvent how service providers and customers efficiently navigate and complete housing transactions and services in China, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 24 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build its infrastructure and standards and drive the rapid and sustainable growth of Beike.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Beike may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”) and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about KE Holdings Inc.’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Beike’s goals and strategies; Beike’s future business development, financial condition and results of operations; expected changes in the Company’s revenues, costs or expenditures; Beike’s ability to empower services and facilitate transactions on Beike’s platform; competition in the industry in which Beike operates; relevant government policies and regulations relating to the industry; Beike’s ability to protect the Company’s systems and infrastructures from cyber-attacks; Beike’s dependence on the integrity of brokerage brands, stores and agents on the Company’s platform; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in KE Holdings Inc.’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and KE Holdings Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
KE Holdings Inc.
Investor Relations
Siting Li
E-mail: [email protected]

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: [email protected]

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]

Source: KE Holdings Inc.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.93% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Cigna (CI - Free Report) Headquartered in Bloomfield, CT and formed in 1982, Cigna Corporation has rebranded itself as The Cigna Group. The company was formed as a result of a merger between Connecticut General Life Insurance Company and Insurance Company of North America. Cigna completed its combination with Express Scripts Holding Company by 2018-end. Shares of the new combined company trade on the NYSE under the stock ticker symbol “CI.”

CI is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Medical stock. CI has a Momentum Style Score of A, and shares are up 1.6% over the past four weeks.

For fiscal 2026, eight analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.07 to $30.38 per share. CI boasts an average earnings surprise of +1.9%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CI should be on investors' short list.

On May 12, 2026, The Cigna Group CI shares rose 3.6% to a current price of $298.49. The stock has experienced a 52-week range, with a high of $338.89 and a low of $239.51. This upward movement comes amid a year-to-date increase of 9.1%, although the stock is down 3.5% over the past year.

GF Value™ verdict: The current price of $298.49 is 30.6% undervalued compared to the GF Value™ estimate of $430.00.GF Score™: 72/100, indicating an above-average stock with potential for higher long-term returns.Most notable signal: Insiders sold $1.2M in the last 3 months, showing no buying activity. Is CI Overvalued or Undervalued? The current market price of The Cigna Group CI shares at $298.49 is significantly below the GF Value™ estimate of $430.00, indicating that the stock is 30.6% undervalued. This substantial margin of safety suggests that investors may have an opportunity to benefit from the potential upside. According to GuruFocus, the GF Valuation label classifies CI as significantly undervalued, which signals a favorable investment case, albeit with caution due to the lack of insider buying activity.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. While the undervaluation suggests promise, it is essential to consider the lack of support from insider activity, which could indicate a lack of confidence among executives in the company's near-term prospects.

How Does CI's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 12.7x 15.4x Forward P/E 9.9x N/A The current P/E (TTM) of 12.7x is 18% below its 5-year median P/E of 15.4x, indicating that the stock is trading at a lower valuation compared to its historical averages. Additionally, the forward P/E of 9.9x further supports the idea that CI is undervalued. This P/E analysis aligns with the GF Value™ verdict, reinforcing the notion that CI shares are currently undervalued.

What Does CI's GF Score™ Tell Us? Metric Rating GF Score™ 72 Financial Strength 6/10 Profitability 6/10 Growth 7/10 Valuation 4/10 Momentum 2/10 The GF Score™ of 72/100 reflects an above-average potential for CI, with the strongest area being growth, rated at 7/10. However, the valuation rank of 4/10 and momentum rank of 2/10 highlight the company's struggles in these areas. The moderate financial strength and profitability scores suggest that while CI has growth potential, there are challenges that could affect its overall performance.

What Are Insiders Doing with CI Stock? Recently, insiders have sold $1.2M worth of shares in The Cigna Group, with no buying activity reported. This trend could indicate a lack of confidence among insiders regarding the company’s short-term performance or outlook. The absence of insider buying may also suggest that insiders do not see immediate value in the current price levels, which could be a red flag for potential investors.

What This Means for Investors Based on the GF Value™ assessment, The Cigna Group CI is considered undervalued, with a significant margin of safety when compared to its intrinsic value. However, the lack of insider buying and lower momentum rank should be taken into account as potential risks for investors looking to capitalize on this valuation opportunity.

For the complete analysis, visit the The Cigna Group CI stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is CI's GF Score™?

CI's GF Score™ is 72/100, indicating that it is above average compared to other stocks and has the potential to deliver higher long-term returns.

Is CI overvalued or undervalued?

CI is considered undervalued, with a current price of $298.49 compared to a GF Value™ of $430.00, representing a 30.6% upside.

What is CI's P/E ratio?

CI's P/E (TTM) is 12.7x, which is 18% below its 5-year median of 15.4x, indicating that it is trading at a lower valuation compared to its historical averages.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

The Cigna Group (CI) Presents at Bank of America Global Healthcare Conference 2026 Transcript

Cigna Group is reiterated as a "Buy," driven by strong Q1 2026 results, raised guidance, and sustained business momentum. CI's pharmacy and behavioral health segments are fueling revenue growth, while divestitures and PBM reform temporarily temper 2026 earnings. Shares trade at a 25% discount to a $377 fair value estimate, offering potential 15% annual total returns through 2031.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

#1 (Strong Buy) stocks have produced an unmatched +23.7% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Cigna (CI - Free Report) Headquartered in Bloomfield, CT and formed in 1982, Cigna Corporation has rebranded itself as The Cigna Group. The company was formed as a result of a merger between Connecticut General Life Insurance Company and Insurance Company of North America. Cigna completed its combination with Express Scripts Holding Company by 2018-end. Shares of the new combined company trade on the NYSE under the stock ticker symbol “CI.”

CI is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 9.41; value investors should take notice.

Eight analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.06 to $30.37 per share. CI boasts an average earnings surprise of +1.9%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, CI should be on investors' short list.

CNBC's Becky Quick reports on the latest news.

Artificial intelligence (AI) pioneer Nvidia is having an underwhelming 2026 so far despite delivering outstanding results quarter after quarter. Shares of the chipmaker have appreciated only 12% this year, well below the 74% jump in the PHLX Semiconductor Sector index.

However, shares of Lumentum Holdings (LITE +3.54%) and Applied Materials (AMAT +2.69%) have been flying high in 2026. While Lumentum stock has gained 121% this year, Applied Materials has also jumped by an impressive 67%. Both companies have benefited from massive investments in AI infrastructure.

Let's take a closer look at the reasons why these two stocks have been in fine form on the market so far this year and check why they are likely to deliver more upside.

Image source: Getty Images

AI is driving phenomenal growth at Lumentum Holdings Lumentum Holdings manufactures optical and photonic components, such as lasers, transceivers, and amplifiers, which are deployed in the cloud, networking, and industrial markets. The company's products enable high-speed connectivity in data centers, which explains why they are in high demand from hyperscalers to reduce latency when transmitting large datasets.

Today's Change

(

3.54

%) $

31.52

Current Price

$

921.11

Lumentum's revenue and earnings growth have taken off amid AI-fueled demand from data centers. Its revenue in the first nine months of fiscal 2026 (which ended on March 28) increased by 72% year over year to just over $2 billion. Lumentum's guidance of $985 million in revenue for the current quarter suggests that its top line will more than double from the year-ago period's reading of $480.7 million.

This acceleration in Lumentum's growth suggests that demand for its products is strengthening. That's not surprising, as Lumentum's optical and photonics components remove a key bottleneck in AI model training and inference tasks. The high-speed connectivity enabled by Lumentum's products means AI accelerator chips don't need to sit idle waiting for data, thereby reducing the time required to run workloads in the cloud.

Not surprisingly, the optical component market is expected to grow at an annual rate of 21% through 2029, generating $30 billion in revenue at the end of the forecast period, according to market research provider Cignal AI. So, Lumentum's addressable market is poised to grow nicely in the coming years, which is why analysts expect solid revenue growth from the company.

Data by YCharts

Even better, Lumentum notes that its data center products carry higher margins. This is translating into solid bottom-line growth for the company, with its earnings per share increasing by 4.5x year over year in the first nine months of fiscal 2026 to $5.27. Importantly, the robust revenue growth that Lumentum is expected to deliver is poised to translate into healthy earnings growth as well.

Data by YCharts

Of course, Lumentum trades at an expensive 56 times forward earnings, but its red-hot earnings growth justifies that valuation. Assuming this AI stock trades at a discounted 50 times earnings after a couple of years and achieves $28.12 in earnings per share (as per the chart above), its price could reach $1,406. That's a potential upside of 64%, which means that it isn't too late for investors to buy this high-flying stock.

Applied Materials' growth is picking up on the back of healthy AI chip demand The semiconductor industry has been booming thanks to AI, which is driving up demand for wafer and fabrication equipment (WFE) needed to manufacture chips for data centers and other AI applications. Applied Materials is capitalizing on the growth of the semiconductor equipment market, as it sells manufacturing equipment and also offers software and services to optimize the performance of such equipment.

The company's revenue increased 11% year over year in the second quarter of fiscal 2026 (which ended on April 26) to $7.91 billion. Earnings per share jumped by 20% year over year to $2.86 per share. These numbers were a big improvement over the company's fiscal Q1 performance when its revenue fell 2%, and earnings remained flat.

Applied Materials' guidance suggests that its growth is poised to accelerate impressively in the current quarter. The company anticipates $8.95 billion in revenue and $3.36 in non-GAAP earnings per share in the current quarter, indicating that its top line could jump by 23% year over year while earnings growth will accelerate to 36%.

Applied Materials management anticipates an increase of over 30% in its semiconductor equipment business this year, followed by another solid jump in 2027 due to the continued investments in this space. The company notes that investments in leading-edge foundry equipment, dynamic random-access memory (DRAM), and advanced packaging will account for 80% of the WFE market's growth in 2026, and a similar pattern is expected to follow next year.

Additionally, Applied Materials' partnerships with TSMC, Micron Technology, SK Hynix, and Samsung to develop AI-focused equipment put it in a solid position to capitalize on the growth of the semiconductor equipment market. Not surprisingly, analysts have substantially increased their earnings growth expectations for Applied Materials.

Data by YCharts

If its earnings indeed jump to $19.48 after a couple of fiscal years and it trades at 43 times earnings at that time (in line with the tech-focused Nasdaq Composite index's earnings multiple), its stock price could reach $837. That suggests potential upside of 86% in this semiconductor stock, which is why investors can consider buying it before it soars higher.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Applied Materials (AMAT - Free Report) .

Applied Materials currently has an average brokerage recommendation (ABR) of 1.55, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 38 brokerage firms. An ABR of 1.55 approximates between Strong Buy and Buy.

Of the 38 recommendations that derive the current ABR, 26 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 68.4% and 7.9% of all recommendations.

Brokerage Recommendation Trends for AMAT

Check price target & stock forecast for Applied Materials here>>>

The ABR suggests buying Applied Materials, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Is AMAT Worth Investing In?Looking at the earnings estimate revisions for Applied Materials, the Zacks Consensus Estimate for the current year has increased 8.2% over the past month to $12.02.

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #2 (Buy) for Applied Materials. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, the Buy-equivalent ABR for Applied Materials may serve as a useful guide for investors.

CHONGQING, CHINA - AUGUST 08: In this photo illustration, a person holds a smartphone displaying the logo of Applied Materials Inc. (NYSE: AMAT), a leading American semiconductor and display equipment company, in front of a screen showing the company's brand logo on August 8, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)

Getty Images

This article was written and reviewed by Doug Nathman and his team at Trefis. For questions, email [email protected]

When it comes to investors' perspectives on AI winners, the typical companies that come to mind include:

Nvidia (NVDA), TSMC, or memory producers such as

Micron (MU). However, the semiconductor equipment powerhouse

Applied Materials (AMAT) often doesn't receive the same level of attention, even though it provides the necessary tools to fabricate nearly all vital components of an AI chip.

Recently, investors have begun to take note. The stock has nearly tripled in value over the last year, elevating its valuation to approximately 37x forward earnings and 12x trailing sales, up from less than 4x sales just twelve months ago.

The central inquiry is whether Applied merits that elevated valuation.

This re-rating has significantly outpaced the company’s growth projections, with revenue anticipated to increase by approximately 17% this year and around 25% the following year according to consensus estimates. While these growth figures are robust, they are not typically linked to a stock that has nearly tripled in price, reinforcing the value of anchoring high-conviction AI bets within a proven, well-rounded strategy like our High Quality (HQ) Portfolio.

Essentially, investors are wagering that Applied’s role in the AI ecosystem is becoming both more substantial and sustainable. Hyperscalers are projected to expend over $600 billion on AI infrastructure just this year, but the specific composition of that expenditure is likely to evolve over time. Current spending primarily focuses on Nvidia GPUs for the training of large models. In the future, the emphasis could shift to custom ASICs optimized for inference. Agentic AI might stimulate a revival in CPU demand. Memory requirements could continue to climb at a pace faster than compute, whilst advanced packaging might emerge as the principal bottleneck in the industry.

Each of these scenarios gives rise to different winners at the chip level. Applied is engaged across all these fronts. Instead of betting on the winning chip architecture, investors are effectively betting that AI hardware will increasingly become larger, more intricate, and more costly to manufacture. Refer to our bullish case: How Applied Materials Stock Surges To $800

MORE FOR YOU

The AI potential for Applied is understood through three foundational pillars: logic, memory, and advanced packaging.

Logic: Increased Complexity Of AI Processors Requires More EquipmentThe first pillar is logic chips, which include the GPUs and AI accelerators that drive contemporary data centers. As AI chips advance to cutting-edge nodes of 2 nm and below, their manufacturing becomes considerably more challenging. New technologies such as Gate-All-Around transistors and backside power delivery introduce complexity and amplify the number of manufacturing steps for each chip. This is precisely where Applied Materials excels. The company provides many of the tools essential for these sophisticated processes. For investors, the critical takeaway is that Applied does not need chip volumes to skyrocket. As chips become more intricate, there is an increased necessity for equipment to produce them, creating favorable conditions for the company even if overall wafer volumes remain relatively stable.

Memory: The HBM Boom Is Elevating Equipment ComplexityThe second pillar is memory, with a focus on high-bandwidth memory (HBM). HBM has become an essential part of AI systems as modern GPUs require substantial memory bandwidth. In contrast to traditional DRAM, HBM is markedly more complex to produce. This complexity offers direct advantages to Applied Materials. Management indicated that each HBM unit occupies roughly three times the wafer area of standard DRAM and involves 19 manufacturing steps, 15 of which pertain to semiconductor equipment. Applied captures over half of the equipment value linked to those additional procedures. The outcome is that Applied gains from both the rising demand for memory and the increasing complexity of memory fabrication. As AI propels greater adoption of HBM, equipment expenditures are outpacing memory volumes themselves.

Advanced Packaging: The Most Rapidly Expanding AI OpportunityThe third pillar is advanced packaging. Modern AI systems are no longer constructed around a single chip. Instead, they integrate multiple elements, including logic dies and stacked HBM memory, into a tightly coupled package. The interconnection of these components demands advanced packaging techniques such as 3D stacking and chiplet integration. This segment is emerging as one of the fastest-growing areas in semiconductor manufacturing. Applied anticipates advanced packaging revenue to surge by over 50% in the calendar year 2026 and has been making significant investments to enhance its position. As AI chips become increasingly complex integrations rather than independent processors, packaging accounts for a larger share of overall manufacturing spending.

The Broader PerspectiveApplied Materials’ advantage lies in its breadth. The semiconductor equipment market is an oligopoly, yet most competitors focus on a singular chokepoint: ASML in lithography, Tokyo Electron in coating and developing, and KLA in inspection and metrology. Applied encompasses all three layers necessary for an AI chip: logic, memory, and packaging. This means its revenue aligns with the escalating complexity of AI hardware itself rather than being dependent on the outcome of any singular process step or node transition.

The most compelling evidence of that position is customer foresight. Applied is now capable of obtaining up to eight quarters of forward demand visibility, or around two years, contrasted with the three to six months that historically preceded equipment orders. This transformation is significant as it alters how investors assess the business’s value. Equipment manufacturers have traditionally operated at lower multiples due to the potential for orders to diminish within a quarter. With demand now visible years ahead, Applied increasingly presents itself as less of a cyclical tool supplier and more as an essential provider of AI infrastructure.

Applied Materials surges 166.8% in a year as AI-driven demand boosts logic, DRAM and packaging markets, raising questions about its valuation and outlook.

New state-of-the-art facility strengthens Applied’s global manufacturing and R&D capabilities to drive resilience and scalabilityTampines Campus sets a new benchmark for sustainable, intelligent semiconductor equipment production SINGAPORE and SANTA CLARA, Calif., June 09, 2026 (GLOBE NEWSWIRE) -- Applied Materials, Inc., the leader in materials engineering solutions for the semiconductor industry, has expanded its manufacturing and R&D operations in Singapore to support the global build-out of AI infrastructure. The new US$500 million (S$600 million) Tampines Campus more than doubles Applied’s advanced cleanroom capacity in Singapore and strengthens the company’s global manufacturing footprint, which also includes facilities in the United States, Europe, Israel and Taiwan. The new facility, already operating at volume production, is focused on serving chipmakers that are expanding production to meet increasing AI-driven demand.

“AI is transforming every industry, creating unprecedented demand for advanced semiconductors,” said Gary Dickerson, President and CEO of Applied Materials. “Our expanded manufacturing operations in Singapore strengthen Applied’s ability to deliver semiconductor manufacturing equipment that chipmakers need to bring next-generation chips to market faster.”

The Tampines Campus marks a major milestone in Applied’s Singapore 2030 plan to strengthen the company’s global manufacturing and R&D capabilities, broaden technology ecosystem partnerships and promote local workforce development. The campus features an expansive manufacturing cleanroom and production capacity along with R&D facilities to support global and regional customers. With the expansion, Applied anticipates adding approximately 1,000 new local jobs over the next few years to support industry growth and technology commercialization.

“Singapore has been a strategic hub of Applied Materials’ global operations for 35 years, and our expansion here is a testament to the world-class semiconductor ecosystem, infrastructure and talent this country has built,” said KC Ong, Group Vice President of Worldwide Manufacturing at Applied Materials. “Our new AI-enabled, automation-ready facility represents the next era of advanced manufacturing optimized for speed, precision and quality.”

Intelligent Manufacturing and Sustainable Operations

The Tampines Campus sets a new global benchmark for sustainable, intelligent semiconductor equipment production. The facility deploys Autonomous Mobile Robots, autonomous assembly and testing systems, and AI-assisted quality inspection—deepening integration between manufacturing, R&D and ecosystem partners to accelerate time-to-market for new technologies. Augmented and virtual reality (AR/VR) tools further support technician training and precision maintenance operations.

Designed to achieve Building and Construction Authority (BCA) Green Mark Platinum Certification, the highest tier of Singapore’s green building rating system, the campus features an onsite solar panel system, LED lighting, low-carbon concrete construction, a closed-loop water reclamation system for zero water waste, and a Smart Building Management System that monitors energy and water consumption in real time.

“Applied Materials’ use of advanced automation and AI technologies in their new facility will accelerate product development and push the envelope of advanced manufacturing capabilities in Singapore. We welcome this expansion that will strengthen our vibrant semiconductor ecosystem, creating quality jobs and opportunities for Singaporeans,” said Png Cheong Boon, Chairman of Singapore’s Economic Development Board.

Expanding Global R&D and Manufacturing Footprint

Over the past several years, Applied has nearly doubled its global manufacturing capacity, including the new Tampines Campus, and the company has invested more than US$400 million in its U.S. equipment manufacturing infrastructure over the past five years. Additionally, Applied’s new US$5 billion* EPIC Center in Silicon Valley, set to become operational this year, represents the largest-ever U.S. investment in advanced semiconductor equipment R&D. The center is designed from the ground up to dramatically reduce the time it takes to commercialize breakthrough technologies from early-stage research to full-scale manufacturing.

*Capital spending is expected to scale over time to approximately $5 billion as customer projects commence.

Forward-Looking Statements
This press release contains forward-looking statements, including those regarding planned infrastructure investments and capital spending, anticipated growth and trends in our businesses and markets, industry outlooks and demand drivers, and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: global economic, political and industry conditions; demand for semiconductor chips and electronic devices; customers’ technology and capacity requirements; the introduction of new and innovative technologies, and the timing of technology transitions; and other risks and uncertainties described in Applied’s filings with the Securities and Exchange Commission, including Applied’s most recent Forms 10-K, 10-Q and 8-K. All forward-looking statements are based on management’s current estimates, projections and assumptions, and Applied assumes no obligation to update them.

About Applied Materials
Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions that are at the foundation of virtually every new semiconductor and advanced display in the world. The technology we create is essential to advancing AI and accelerating the commercialization of next-generation chips. At Applied, we push the boundaries of science and engineering to deliver material innovation that changes the world. Learn more at www.appliedmaterials.com.

Contact: 
Ricky Gradwohl (editorial/media) 408.235.4676
Farand Ngoh (Singapore editorial/media) +65.9653.2778
Mike Sullivan (financial community) 408.986.7977

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3876c80e-c587-4207-a5e2-d952da4c79ce

Applied Materials Tampines Campus in Singapore Applied Materials Tampines Campus in Singapore

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Applied Materials (AMAT - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Applied Materials currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market?Let's discuss some of the components of the Momentum Style Score for AMAT that show why this maker of chipmaking equipment shows promise as a solid momentum pick.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For AMAT, shares are up 0.66% over the past week while the Zacks Electronics - Semiconductors industry is down 7.55% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 25.44% compares favorably with the industry's 1.46% performance as well.

Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Applied Materials have increased 54.71% over the past quarter, and have gained 215.79% in the last year. In comparison, the S&P 500 has only moved 9.34% and 23.96%, respectively.

Investors should also pay attention to AMAT's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. AMAT is currently averaging 8,209,256 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with AMAT.

Over the past two months, 11 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost AMAT's consensus estimate, increasing from $11.10 to $12.10 in the past 60 days. Looking at the next fiscal year, 9 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineTaking into account all of these elements, it should come as no surprise that AMAT is a #2 (Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Applied Materials on your short list.

, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Zoetis Inc. ("Zoetis" or the "Company") (NYSE: ZTS).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ZOETIS INC. (ZTS), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JULY 27, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between January 14, 2025 and May 6, 2026, Defendants failed to disclose to investors that: (1) veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (2) Zoetis' Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (3) Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

SOURCE Law Offices of Howard G. Smith

New York, New York--(Newsfile Corp. - June 9, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zoetis Inc. (NYSE: ZTS) between January 14, 2025 and May 6, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Zoetis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and touted growing market share, strong veterinarian adoption, and accelerating sales growth across Zoetis' flagship Companion Animal products and/or failed to disclose that: (1) veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (2) Zoetis' Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (3) Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300768

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Zoetis Inc. (“Zoetis” or the “Company”) (NYSE: ZTS) investors of the July 27, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.

Should You Join The Zoetis Class Action Lawsuit:

Do you, or did you, own shares of Zoetis Inc. (NYSE: ZTS)?Did you sell your shares between January 14, 2025 and May 6, 2026, inclusive?Did you lose money in your investment in Zoetis Inc.?
Investors are encouraged to act promptly and submit a form at Zoetis Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].

If you wish to serve as lead plaintiff for the Class, you must file papers by July 27, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About The Lawsuit:

A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of Zoetis between January 14, 2025 and May 6, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.

The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Zoetis securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.

About Bernstein Liebhard:

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.

ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
[email protected]

SAN DIEGO, June 10, 2026 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Zoetis Inc. (NYSE: ZTS) securities between January 14, 2025 and May 6, 2026, all dates inclusive (the “Class Period”), have until July 27, 2026 to seek appointment as lead plaintiff of the Zoetis class action lawsuit. Captioned City of Ann Arbor Retiree Health Care Benefit Plan & Trust v. Zoetis Inc., No. 26-cv-04401 (S.D.N.Y.), the Zoetis class action lawsuit charges Zoetis as well as certain of Zoetis’ top executive officers with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Zoetis class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-zoetis-inc-class-action-lawsuit-zts.html

You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].

CASE ALLEGATIONS: Zoetis engages in the discovery, development, manufacture, and commercialization of medicines, vaccines, diagnostic products and services, biodevices, genetic tests, and precision animal health solutions for the animal health industry. Zoetis’ flagship companion animal products include Librela, Apoquel, Cytopoint, and Simparica Trio.

The Zoetis class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) veterinarian prescription growth and adoption of Zoetis’ Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (ii) Zoetis’ Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (iii) Zoetis’ dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment.

On August 5, 2025, Zoetis released its second quarter 2025 financial results, allegedly revealing weakening demand trends within its companion animal portfolio. On this news, the price of Zoetis stock fell nearly 4%, according to the complaint.

Then, on November 4, 2025, Zoetis released third quarter 2025 financial results, allegedly disclosing continued weakness in Librela sales and increased competitive pressure in dermatology and parasiticides. On this news, the price of Zoetis stock fell nearly 14%, according to the complaint.

The Zoetis class action lawsuit further alleges that on February 12, 2026, Zoetis released its fourth quarter and full year 2025 financial results and provided 2026 guidance reflecting further slowing growth. According to the complaint, Zoetis acknowledged increasing competitive pressures in parasiticides and dermatology. On this news, the price of Zoetis stock allegedly fell further, according to the complaint.

Finally, on May 7, 2026, Zoetis reported first quarter 2026 financial results, allegedly disclosing slowing overall revenue growth, declining companion animal sales performance, and worsening results across its key dermatology and parasiticides franchises as competition intensified. On this news, the price of Zoetis stock fell more than 21%, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Zoetis securities during the Class Period to seek appointment as lead plaintiff in the Zoetis class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Zoetis class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Zoetis class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Zoetis class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 
Services may be performed by attorneys in any of our offices. 

Contact:
            Robbins Geller Rudman & Dowd LLP
            Ken Dolitsky
            Michael Albert
            655 W. Broadway, Suite 1900, San Diego, CA 92101
            800/851-7783
            [email protected]

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zoetis Inc. (NYSE: ZTS) between January 14, 2025 and May 6, 2026, inclusive (the "Class Period"), of the important July 27, 2026 lead plaintiff deadline.

So What: If you purchased Zoetis securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 27, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and touted growing market share, strong veterinarian adoption, and accelerating sales growth across Zoetis' flagship Companion Animal products and/or failed to disclose that: (1) veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; (2) Zoetis' Simparica Trio was losing significant market share to a lower priced competing canine parasiticide with broader indicated use in a slowing overall market; and (3) Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment. When the true details entered the market, the lawsuit claims that investors suffered damages. 

To join the Zoetis class action, go to https://rosenlegal.com/cases/zoetis-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

     Laurence Rosen, Esq.
     Phillip Kim, Esq.
     The Rosen Law Firm, P.A.
     275 Madison Avenue, 40th Floor
     New York, NY 10016
     Tel: (212) 686-1060
     Toll Free: (866) 767-3653
     Fax: (212) 202-3827
     [email protected]
     www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Zoetis Inc. ("Zoetis" or "the Company") (NYSE: ZTS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of ZTS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: January 14, 2025 to May 6, 2026

DEADLINE: July 27, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Zoetis faced challenges in multiple product lines including Librela, Apoquel, and Cytopoint. Based on these facts, Zoetis' public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

 Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

SOURCE DJS Law Group LLP

New York, New York--(Newsfile Corp. - June 11, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zoetis Inc. (NYSE: ZTS) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zoetis securities between January 14, 2025 and May 6, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ZTS.

Zoetis Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements concerning the growth, competitive positioning, market share, and veterinarian adoption of key products within the Companion Animal segment while failing to disclose that:

veterinarian prescription growth and adoption of Zoetis' Librela, a canine pain treatment, were sharply weakening as clinicians became more cautious following FDA safety warnings concerning serious neurological complications in dogs; Zoetis' Simparica Trio was losing significant market share to a lower-priced competing canine parasiticide with broader indicated use in a slowing overall market; and Zoetis' dermatology products, Apoquel and Cytopoint, were losing substantial market share to a newly launched competing canine treatment.What's Next for Zoetis Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ZTS, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zoetis you have until July 27, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Zoetis Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Zoetis Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299270

Source: Bronstein, Gewirtz & Grossman, LLC

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us