Hello GroupMOMO
Market Cap: $1.13B
About: Hello Group Inc provides mobile-based social networking services. It enables users to establish and expand social relationships based on location and interests. Its platform includes the Momo mobile application and a variety of related features, functionalities, tools, and services that it provides to users, customers, and platform partners. The company derives its revenue from live video services, value-added services, mobile marketing services, mobile games, and other services. It operates in three segments: Momo's service lines, Tantan's service lines, and QOOL's service lines out of which Momo's service lines segment derives the majority of revenue.
Employees: 1,382
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
14% more call options, than puts
Call options by funds: $7.63M | Put options by funds: $6.69M
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
4.13% less ownership
Funds ownership: 31.3% [Q1] → 27.17% (-4.13%) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
11% less funds holding
Funds holding: 152 [Q1] → 136 (-16) [Q2]
16% less capital invested
Capital invested by funds: $573M [Q1] → $482M (-$91.2M) [Q2]
48% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 33
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Benchmark Fawne Jiang 47% 1-year accuracy 27 / 58 met price target | 103%upside $13 | Buy Maintained | 4 Sept 2024 |
Jefferies | 10%upside $7 | Buy Maintained | 3 Sept 2024 |
Financial journalist opinion
Based on 4 articles about MOMO published over the past 30 days