Stock Track | East Buy Plummets 5.09% Intraday as Goldman Sachs Reiterates Sell Rating Following Profit Warning

Stock Track07-30

Shares of EAST BUY (01797) tumbled 5.09% during intraday trading on Thursday, following a research report from Goldman Sachs that maintained a "Sell" rating on the company and highlighted concerns over its valuation and profitability.

Goldman Sachs stated that despite the company's stable operational performance and expansion of its self-brand product portfolio, its valuation remains elevated relative to growth prospects and industry peers. The investment bank adjusted its forecasts after East Buy issued a profit warning on July 23 and reported fourth-quarter results, raising revenue estimates but lowering net profit forecasts for fiscal 2026 due to higher sales and marketing expenses.

While Goldman Sachs raised its target price for East Buy from HK$12.4 to HK$13.6, the reiterated "Sell" rating and downward revisions to near-term profit expectations appeared to weigh on investor sentiment, contributing to the stock's sharp decline.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1111971466?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-30 15:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1111971466","market":"us","top_or_hot":-1,"title":"Stock Track | East Buy Plummets 5.09% Intraday as Goldman Sachs Reiterates Sell Rating Following Profit Warning","media":"Stock Track","content":"<p>Shares of EAST BUY (01797) tumbled 5.09% during intraday trading on Thursday, following a research report from Goldman Sachs that maintained a \"Sell\" rating on the company and highlighted concerns over its valuation and profitability.</p><p>Goldman Sachs stated that despite the company's stable operational performance and expansion of its self-brand product portfolio, its valuation remains elevated relative to growth prospects and industry peers. The investment bank adjusted its forecasts after East Buy issued a profit warning on July 23 and reported fourth-quarter results, raising revenue estimates but lowering net profit forecasts for fiscal 2026 due to higher sales and marketing expenses.</p><p>While Goldman Sachs raised its target price for East Buy from HK$12.4 to HK$13.6, the reiterated \"Sell\" rating and downward revisions to near-term profit expectations appeared to weigh on investor sentiment, contributing to the stock's sharp decline.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | East Buy Plummets 5.09% Intraday as Goldman Sachs Reiterates Sell Rating Following Profit Warning</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | East Buy Plummets 5.09% Intraday as Goldman Sachs Reiterates Sell Rating Following Profit Warning\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-07-30 15:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of EAST BUY (01797) tumbled 5.09% during intraday trading on Thursday, following a research report from Goldman Sachs that maintained a \"Sell\" rating on the company and highlighted concerns over its valuation and profitability.</p><p>Goldman Sachs stated that despite the company's stable operational performance and expansion of its self-brand product portfolio, its valuation remains elevated relative to growth prospects and industry peers. The investment bank adjusted its forecasts after East Buy issued a profit warning on July 23 and reported fourth-quarter results, raising revenue estimates but lowering net profit forecasts for fiscal 2026 due to higher sales and marketing expenses.</p><p>While Goldman Sachs raised its target price for East Buy from HK$12.4 to HK$13.6, the reiterated \"Sell\" rating and downward revisions to near-term profit expectations appeared to weigh on investor sentiment, contributing to the stock's sharp decline.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01797","symbol_name":"东方甄选","start_time":0,"source_url":"","article_id":"1111971466","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111971466","pubTimestamp":1785396784,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of EAST BUY (01797) tumbled 5.09% during intraday trading on Thursday, following a research report from Goldman Sachs that maintained a \"Sell\" rating on the company and highlighted concerns...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01797":"东方甄选"},"translate_title":"股票跟踪 | 高盛在盈利预警后重申卖出评级，East Buy 盘中暴跌 5.09%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01797":1},"content_text":"Shares of EAST BUY (01797) tumbled 5.09% during intraday trading on Thursday, following a research report from Goldman Sachs that maintained a \"Sell\" rating on the company and highlighted concerns over its valuation and profitability.Goldman Sachs stated that despite the company's stable operational performance and expansion of its self-brand product portfolio, its valuation remains elevated relative to growth prospects and industry peers. The investment bank adjusted its forecasts after East Buy issued a profit warning on July 23 and reported fourth-quarter results, raising revenue estimates but lowering net profit forecasts for fiscal 2026 due to higher sales and marketing expenses.While Goldman Sachs raised its target price for East Buy from HK$12.4 to HK$13.6, the reiterated \"Sell\" rating and downward revisions to near-term profit expectations appeared to weigh on investor sentiment, contributing to the stock's sharp decline.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1111971466","isCrawlerRequest":true}