H World Group

HTHT · HONG

$46.23−$0.08 (−0.17%)TodayMarket closed · Oct 23, 7:30 PM ET

Prev close $46.31

HTHT analyst rating

BuyConsensus of 3 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy3
Hold0
Underperform0
Sell0

12-month price target · 14 analysts

Average $64.10 (+38.6% upside)

Low: $53.54
Now: $46.23
High: $84.17

Upgrades and downgrades

The latest rating actions, newest first

HTHT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Benchmark	Mar 19, 2026	Maintains	Buy	$52.00 → $60.00	48%
Macquarie	Mar 18, 2026	Maintains	Outperform	$59.00 → $62.00	0%
UBS	Mar 9, 2026	Upgrade	Neutral → Buy	$62.40	0%
Benchmark	Nov 18, 2025	Maintains	Buy	$48.00 → $52.00	48%

The case for and against

Updated Sep 19, 2024

Bull case

H World Group Ltd has demonstrated strong financial performance, with legacy Huazhu net revenue increasing by 62% year-over-year to RMB5.1 billion, driven by heightened travel demand. The company also projects a significant rise in net revenue for the upcoming quarters, guiding a 41%-45% year-over-year increase for Q4 2023, which surpasses market expectations. Additionally, the blended revenue per available room (RevPAR) for Legacy Huazhu showcases robust growth, achieving a 53.9% year-over-year increase, attributed to a substantial increase in average daily rate (ADR).

Bear case

The analysis highlights key downside risks for H World Group, primarily stemming from a potential slowdown in overall travel demand, which could significantly impact revenue growth. Additionally, the company's ability to effectively ramp up new store openings may be hampered, further constraining expansion efforts. Increased competition within the industry poses another challenge, which could lead to market share erosion and pressure on pricing strategies.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.