Here’s Why MINISO (MNSO) is Among the 8 Most Undervalued Growth Stocks to Buy Right Now
MINISO Group Holding (NYSE:MNSO) reported Q1 adjusted EPS of RMB1.80 (vs. RMB1.92 a year earlier) and revenue of RMB5.688B (up from RMB4.427B), according to the company. Founder/CEO Guofu Ye said group revenue rose 28.5% YoY, with Mainland up 29.6% and overseas up 21.9%. On May 29, JPMorgan analyst Kevin Yin cut its price target to $16 from $26 but kept an Overweight rating.
How this was made
The 30-second read
Why it matters
For traders, the actionable element is the analyst price-target reduction ($16 vs $26) paired with maintained Overweight and specific Q1 growth metrics (revenue up, mainland acceleration, overseas growth, TOP TOY surge).
Market read
A concrete valuation reset (lower target) plus supportive operating metrics (revenue growth and accelerating mainland SSSG) can drive short-term positioning around the next catalyst.
What to watch
EPS declined YoY (RMB1.80 vs RMB1.92), so multiple expansion may be harder if margins/earnings quality don’t improve alongside revenue growth.
Background
MINISO reported Q1 results (May 26, 2026) and JPMorgan issued an analyst update the following day, lowering its price target while keeping an Overweight rating.
Ticker impact
JPMorgan lowered MINISO’s price target to $16 from $26 while reiterating Overweight after the company’s Q1 earnings print.
Near-term volatility possible as the lower target may cap upside, but the maintained Overweight and accelerating revenue growth can limit downside.
Article provides concrete analyst target change and Q1 datapoints (revenue/EPS, mainland acceleration, overseas growth, TOP TOY surge), but it is a Yahoo/roundup-style piece with no new post-earnings guidance beyond the cited analyst note.
Market effects
Signals continued investor focus on retail/consumer discretionary growth names with same-store sales growth (SSSG) and overseas expansion momentum.
Highlights China mainland acceleration and overseas SSSG as key drivers, relevant to sentiment on China consumer retail demand.
Overseas revenue growth and tariff/onshoring narrative (mentioned) can influence broader cross-border consumer discretionary risk appetite.
Counterpoint
The article’s “undervalued” framing may overstate upside; the explicit price-target cut suggests valuation support is weaker than before despite growth.
Key entities
- companyMINISO Group Holding Limited
Subject of the article; Q1 earnings reported and JPMorgan lowered its price target while maintaining Overweight.
- analyst_firmJPMorgan
Cited as lowering the price target to $16 from $26 after the Q1 earnings report.
- analystKevin Yin
JPMorgan analyst who made the price-target change and maintained Overweight.


