Cheetah Mobile (CMCM, Financial) experienced a significant stock price increase of 5.73%, reaching $4.43 per share. The trading volume was 10,993 shares, with a turnover rate of 0.04% and a volatility of 4.53%. The company's recent financial report revealed a revenue of $26.80 million and a net loss of $6.54 million, translating to an earnings per share of -$0.22. The gross profit stood at $18.19 million, and the price-to-earnings ratio was -1.63.
Analyst ratings show strong confidence in Cheetah Mobile, with 100% of the two participating institutions recommending a buy, and none suggesting hold or sell. The internet information services sector, where Cheetah Mobile operates, saw an overall increase of 1.94%. Among its peers, Buzzfeed Inc, Locafy Limited, and TuanChe Limited showed significant gains, while Asset Entities Inc., TuanChe Limited, and Nebius Group N.V. were notably active. Buzzfeed Inc, Asset Entities Inc., and Locafy Limited exhibited high volatility, with amplitudes of 40.22%, 29.10%, and 16.12%, respectively.
Cheetah Mobile and its subsidiaries offer a wide range of products and services for PCs and mobile devices. The company generates revenue through utility-related businesses, including advertising and premium membership services. It also offers a multi-cloud management platform and overseas ad agency services. The business is divided into the Internet Business and AI and Others segments, with most revenue coming from the Internet Business segment, which provides mobile advertising services and sells ads and user traffic on its platforms. Geographically, the majority of revenue comes from China, with the rest from Hong Kong, Japan, and other regions.
