Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
KE HOLDINGS INC (BEKE)
NYSEReal EstateReal Estate - ServicesSnapshot 2026-11-04
$18.82+1.35%
Close 2026-11-05 · 1-day change
NYSEReal EstateReal Estate - ServicesSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Oct 4, 2026.
Next-FY EPS estimate change · 30 days
8.53 → 8.66 EPS · FY ending Dec 31, 2027 · 9 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 10 to 9; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for BEKE yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Strengthen competitive position in real estate services | A supporting condition in KE HOLDINGS INC's published investment case. The stated target is maintain leading market share. | Intact | loses significant market share | Qualitative condition This condition has no defined numerical measure. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 9, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a real estate-related business with a thesis that is currently insufficiently established, rather than a clear durable compounder or turnaround. Confidence in the overall read is low, and the risk label has recently moved from moderate to elevated.
The evidence does not provide a valuation comparison or a clear account of market expectations, so whether BEKE looks cheap, fair, or expensive versus peers is unknown. No fragility gates fired, but that alone does not show that expectations are low or well supported.
Near term, the risk of missing expectations is described as low, though recent earnings surprises have been erratic. BEKE reportedly posted a large earnings beat in the 2026-06-30 quarter, but there is not enough recent financial history to establish a multi-year fundamental trend.
A further earnings beat next quarter could support rising analyst estimates, while cracks in real estate sector bellwethers could remove a sector tailwind. Fed rate cuts are another possible favorable factor, but the evidence does not establish when or whether they will begin.
Over the next 1 to 3 years, the thesis remains uncertain: the recent earnings beat is encouraging, but limited financial history and elevated risk leave durability unproven. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| KE Holdings is seeing strong profit margins, which are currently at record levels. |
| Under Pressure |
| falls below 12% |
Net margin: 10.69% FY2026-Q2; GAAP. Published target: >=15%. Target period is not explicitly aligned with this observation. Aug 24, 202610.688413 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue growth for FY26 | A primary condition in KE HOLDINGS INC's published investment case. The stated target is >=86.3 billion. | Intact | falls below 80 billion | Revenue: CNY 24.47B FY2026-Q2; GAAP. Published target: >=86.3 billion. Annual target cannot be compared with a quarterly or TTM observation. Aug 24, 202624,470,196,141 CNY · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Oct 4, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$7.89 → $8.66 · observed estimates
$92.98B → $90.86B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $7.89 | $92,980,002,268 | 10 / 18 |
| 2026-07-25 | $7.89 | $92,980,002,268 | 10 / 18 |
| 2026-07-26 | $7.89 | $92,980,002,268 | 10 / 18 |
| 2026-07-27 | $7.87 | $92,693,933,728 | 10 / 18 |
| 2026-07-28 | $7.87 | $92,693,933,728 | 10 / 18 |
| 2026-07-29 | $7.87 | $92,693,933,728 | 10 / 18 |
| 2026-07-30 | $7.88 | $92,775,668,866 | 10 / 18 |
| 2026-07-31 | $7.88 | $92,775,668,866 | 10 / 18 |
| 2026-08-01 | $7.88 | $92,775,668,866 | 10 / 18 |
| 2026-08-02 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-03 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-04 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-05 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-06 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-07 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-08 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-09 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-10 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-11 | $7.61 | $93,464,026,420 | 16 / 25 |
| 2026-08-12 | $7.61 | $93,464,026,420 | 16 / 25 |
| 2026-08-13 | $7.61 | $93,464,026,420 | 16 / 25 |
| 2026-08-14 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-15 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-16 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-17 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-18 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-19 | $7.86 | $93,008,299,643 | 10 / 18 |
| 2026-08-20 | $7.89 | $93,312,312,338 | 10 / 18 |
| 2026-08-21 | $7.92 | $93,564,285,294 | 10 / 18 |
| 2026-08-22 | $8.08 | $92,880,792,883 | 10 / 18 |
| 2026-08-23 | $8.08 | $92,880,792,883 | 10 / 18 |
| 2026-08-24 | $8.13 | $92,964,473,705 | 10 / 18 |
| 2026-08-25 | $8.13 | $92,964,473,705 | 10 / 18 |
| 2026-08-26 | $8.41 | $91,008,763,659 | 10 / 18 |
| 2026-08-27 | $8.41 | $91,008,763,659 | 10 / 18 |
| 2026-08-28 | $8.41 | $91,008,763,659 | 10 / 18 |
| 2026-08-29 | $8.46 | $90,945,797,609 | 10 / 18 |
| 2026-08-30 | $8.46 | $90,945,797,609 | 10 / 18 |
| 2026-08-31 | $8.46 | $90,945,797,609 | 10 / 18 |
| 2026-09-01 | $8.44 | $90,860,310,889 | 10 / 18 |
| 2026-09-02 | $8.46 | $91,068,425,317 | 10 / 18 |
| 2026-09-03 | $8.56 | $91,001,094,178 | 10 / 18 |
| 2026-09-04 | $8.56 | $91,007,215,191 | 10 / 18 |
| 2026-09-05 | $8.56 | $91,007,215,191 | 10 / 18 |
| 2026-09-06 | $8.56 | $91,007,210,860 | 10 / 18 |
| 2026-09-07 | $8.56 | $91,007,210,860 | 10 / 18 |
| 2026-09-08 | $8.62 | $91,197,032,246 | 10 / 18 |
| 2026-09-09 | $8.62 | $91,209,281,679 | 10 / 18 |
| 2026-09-10 | $8.64 | $91,196,411,814 | 10 / 18 |
| 2026-09-11 | $8.64 | $91,214,783,372 | 10 / 18 |
| 2026-09-12 | $8.65 | $91,294,393,455 | 10 / 18 |
| 2026-09-13 | $8.65 | $91,294,393,455 | 10 / 18 |
| 2026-09-14 | $8.65 | $91,294,393,455 | 10 / 18 |
| 2026-09-15 | $8.64 | $91,220,907,224 | 10 / 18 |
| 2026-09-16 | $8.64 | $91,208,659,519 | 10 / 18 |
| 2026-09-17 | $8.64 | $91,171,916,404 | 10 / 18 |
| 2026-09-18 | $8.65 | $91,294,393,455 | 10 / 18 |
| 2026-09-19 | $8.65 | $91,239,278,782 | 10 / 18 |
| 2026-09-20 | $8.65 | $91,239,278,782 | 10 / 18 |
| 2026-09-21 | $8.53 | $89,994,581,352 | 10 / 18 |
| 2026-09-22 | $8.55 | $90,196,703,986 | 10 / 18 |
| 2026-09-23 | $8.55 | $90,250,940,637 | 10 / 18 |
| 2026-09-24 | $8.56 | $90,317,848,735 | 10 / 18 |
| 2026-09-25 | $8.53 | $90,035,583,683 | 10 / 18 |
| 2026-09-26 | $8.54 | $90,108,426,006 | 10 / 18 |
| 2026-09-27 | $8.54 | $90,108,426,006 | 10 / 18 |
| 2026-09-28 | $8.54 | $90,109,402,459 | 10 / 18 |
| 2026-09-29 | $8.54 | $90,153,862,325 | 10 / 18 |
| 2026-09-30 | $8.55 | $90,223,096,015 | 10 / 18 |
| 2026-10-01 | $8.55 | $90,226,796,441 | 10 / 18 |
| 2026-10-02 | $8.53 | $90,075,234,812 | 10 / 18 |
| 2026-10-03 | $8.53 | $90,089,477,230 | 10 / 18 |
| 2026-10-04 | $8.53 | $90,089,477,230 | 10 / 18 |
| 2026-10-05 | $8.53 | $90,089,118,931 | 10 / 18 |
| 2026-10-06 | $8.53 | $90,089,118,931 | 10 / 18 |
| 2026-10-07 | $8.54 | $90,198,002,577 | 10 / 18 |
| 2026-10-08 | $8.54 | $90,179,855,302 | 10 / 18 |
| 2026-10-09 | $8.54 | $90,161,708,028 | 10 / 18 |
| 2026-10-10 | $8.57 | $90,052,370,079 | 9 / 18 |
| 2026-10-11 | $8.57 | $90,052,370,079 | 9 / 18 |
| 2026-10-12 | $8.57 | $90,039,297,470 | 9 / 18 |
| 2026-10-13 | $8.59 | $90,189,198,409 | 9 / 18 |
| 2026-10-14 | $8.59 | $90,251,072,858 | 9 / 18 |
| 2026-10-15 | $8.59 | $90,250,624,144 | 9 / 18 |
| 2026-10-16 | $8.59 | $90,256,008,705 | 9 / 18 |
| 2026-10-17 | $8.59 | $90,256,008,705 | 9 / 18 |
| 2026-10-18 | $8.60 | $90,280,176,869 | 9 / 18 |
| 2026-10-19 | $8.60 | $90,280,176,869 | 9 / 18 |
| 2026-10-20 | $8.60 | $90,280,176,869 | 9 / 18 |
| 2026-10-21 | $8.61 | $90,358,723,402 | 9 / 18 |
| 2026-10-22 | $8.61 | $90,437,269,935 | 9 / 18 |
| 2026-10-23 | $8.62 | $90,467,480,141 | 9 / 18 |
| 2026-10-24 | $8.61 | $90,437,269,935 | 9 / 18 |
| 2026-10-25 | $8.61 | $90,437,269,935 | 9 / 18 |
| 2026-10-26 | $8.61 | $90,437,269,935 | 9 / 18 |
| 2026-10-27 | $8.61 | $90,437,269,935 | 9 / 18 |
| 2026-10-28 | $8.64 | $90,664,717,834 | 9 / 18 |
| 2026-10-29 | $8.64 | $90,664,717,834 | 9 / 18 |
| 2026-10-30 | $8.64 | $90,622,401,990 | 9 / 18 |
| 2026-10-31 | $8.65 | $90,731,214,160 | 9 / 18 |
| 2026-11-01 | $8.65 | $90,731,214,160 | 9 / 18 |
| 2026-11-02 | $8.65 | $90,731,214,160 | 9 / 18 |
| 2026-11-03 | $8.66 | $90,827,936,089 | 9 / 18 |
| 2026-11-04 | $8.66 | $90,864,206,812 | 9 / 18 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 21 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.