Summary:
- Luckin Coffee's latest financial report shows promising performance under U.S. GAAP standards.
- Analysts forecast a potential 19.27% increase in Luckin Coffee's stock price within a year.
- GuruFocus values suggest a 64.75% upside, indicating substantial growth potential for investors.
Luckin Coffee (OTC: LKNCY) has strategically positioned itself in the market by submitting its comprehensive 2024 annual financial report to the U.S. Securities and Exchange Commission. This crucial document, featuring audited financial statements, provides an insightful glance into Luckin's annual performance under U.S. GAAP standards, accessible both on the SEC and company websites.
Wall Street Analysts' Forecast
According to projections by four analysts, Luckin Coffee Inc's (LKNCY, Financial) stock is expected to reach an average target price of $36.88 within a year, with forecasts ranging from a low of $31.00 to a high of $40.00. This average target implies a substantial upside of 19.27% from its current trading price of $30.92. For those interested in more granular details, further estimate data can be reviewed on the Luckin Coffee Inc (LKNCY) Forecast page.
Brokerage Recommendations
The consensus from four brokerage firms categorizes Luckin Coffee Inc's (LKNCY, Financial) average recommendation as a 2.0, signifying an "Outperform" rating. This rating positions the stock within a scale where 1 implies a Strong Buy, and 5 indicates Sell, underscoring market confidence in the company's future prospects.
GuruFocus GF Value Estimate
Through the lens of GuruFocus metrics, the estimated GF Value for Luckin Coffee Inc (LKNCY, Financial) in the upcoming year is projected at $50.94. This calculation suggests a remarkable 64.75% upside from its current position at $30.92. The GF Value is a proprietary metric that evaluates the fair trading value of the stock, considering historical trade multiples, historical growth, and future business performance estimates. Investors interested in a more detailed analysis can explore additional data on the Luckin Coffee Inc (LKNCY) Summary page.