KE Holdings Inc. Just Recorded A 111% EPS Beat: Here's What Analysts Are Forecasting Next

It's been a mediocre week for KE Holdings Inc. (NYSE:BEKE) shareholders, with the stock dropping 10% to US$16.89 in the week since its latest quarterly results. It looks like a credible result overall - although revenues of CN¥19b were what the analysts expected, KE Holdings surprised by delivering a (statutory) profit of CN¥1.11 per share, an impressive 111% above what was forecast. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.NYSE:BEKE Earnings and Revenue Growth May 22nd 2026

Taking into account the latest results, KE Holdings' 28 analysts currently expect revenues in 2026 to be CN¥89.7b, approximately in line with the last 12 months. Statutory earnings per share are predicted to surge 82% to CN¥5.34. In the lead-up to this report, the analysts had been modelling revenues of CN¥89.2b and earnings per share (EPS) of CN¥4.12 in 2026. Although the revenue estimates have not really changed, we can see there's been a considerable lift to earnings per share expectations, suggesting that the analysts have become more bullish after the latest result.

Check out our latest analysis for KE Holdings

The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 8.7% to US$22.74. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values KE Holdings at US$27.00 per share, while the most bearish prices it at US$18.03. This is a very narrow spread of estimates, implying either that KE Holdings is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 0.7% annualised decline to the end of 2026. That is a notable change from historical growth of 5.7% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 9.7% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - KE Holdings is expected to lag the wider industry.

Story Continues

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around KE Holdings' earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that KE Holdings' revenue is expected to perform worse than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

With that in mind, we wouldn't be too quick to come to a conclusion on KE Holdings. Long-term earnings power is much more important than next year's profits. We have forecasts for KE Holdings going out to 2028, and you can see them free on our platform here.

It is also worth noting that we have found 1 warning sign for KE Holdings that you need to take into consideration.

Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

View Comments