StocksMedium•4 November 2026•
1 min read
Luckin Coffee Shares Rise Following Q3 Earnings Beat
Key Facts
1Luckin Coffee reported quarterly earnings of $0.89 per share, exceeding consensus estimates of $0.83.
2The share price rose to $33.20, bringing the company's market capitalization to $9.52 billion.
Luckin Coffee reported quarterly earnings of $0.89 per share, exceeding consensus estimates of $0.83. Retail News Asia reported that the share price rose to $33.20, bringing the company's market capitalization to $9.52 billion. The rally followed a positive earnings surprise that beat Wall Street estimates on both the top and bottom lines.
LKNCY closed at $32.8 on November 3, 2026, having reached a day high of $33.48. The company posted a net margin of 6.78% and a return on equity of 24.91% for the third quarter. BNP Paribas Exane upgraded the stock to an outperform rating on September 15, 2026, with a $48.00 price target, while Zacks Research downgraded its view from strong-buy to hold on October 5, 2026.