Atour Lifestyle Holdings Limited (ATAT) AI Stock Analysis
ATAT AI stock analysis summary
AI ResearchAtour Lifestyle Holdings Limited operates a hospitality network of themed hotels and provides hotel management services in China. In FY2025, revenue expanded 35.1% to $9.79B, while net income reached $1.62B. As of June 30, 2026, the company held $4.43B in net cash with a current ratio of 1.93.
- Market cap
- $4.62B
- Revenue (TTM)
- $11.72B
- P/E
- 16.5x fwd 20.0x
- 1Y return
- -8.1% S&P 500 16.8%
- Avg. target
- $49.24 47.3% vs last close
Bull case
- Revenue increased 35.1% in FY2025 to $9.79B, supported by a 5-year revenue CAGR of 44.3% from FY2020 to FY2025.
- The balance sheet holds $4.43B in net cash with a current ratio of 1.93 as of June 30, 2026.
- Atour Lifestyle generated $1.86B in free cash flow in FY2025 while operating margin reached 23.6%.
Bear case
- The stock declined 8.1% over the past year, lagging the S&P 500 return of 16.8%.
- Atour Lifestyle's forward P/E ratio of 20.0x trades at a premium to the peer median of 14.1x.
- Shares fell 13.8% year-to-date to close at $33.43, which is 4.8% below the 200-day average.
What Atour Lifestyle does
Atour Lifestyle Holdings Limited, based in Shanghai, China, operates a network of themed hotels through its subsidiaries. Established in 2012, the company provides themed lodging experiences tailored to diverse lifestyles, including music-themed, basketball-themed, and literary-themed properties. As of June 30, 2022, its portfolio consisted of 834 properties across 151 cities in China, totaling 96,969 hotel rooms. This footprint included 801 manachised hotels with 91,911 rooms, along with 343 hotels under development with 37,795 rooms in the pipeline. Beyond hotel operations, Atour Lifestyle provides hotel management services for franchisee-owned properties and sells hotel supplies and related products.
Growth and profitability
Atour Lifestyle grew revenue from $2.15B in FY2021 to $4.67B in FY2023 and $9.79B in FY2025, achieving a 5-year revenue CAGR of 44.3% from FY2020 to FY2025. Annual revenue grew 35.1% in FY2025, following a 55.3% increase in FY2024. Gross margin rose from 28.2% in FY2021 to 44.3% in FY2025, while operating margin expanded to 23.6%. Net income reached $1.62B in FY2025, with EPS increasing to $8.18. For the trailing twelve months ending June 30, 2026, revenue stood at $11.72B with an operating margin of 22.1%. In the quarter ended June 30, 2026, quarterly revenue grew 41.4% year-over-year and quarterly earnings rose 31.7%.
Balance sheet and cash flow
As of June 30, 2026, Atour Lifestyle held $5.72B in cash and short-term investments against total debt of $1.30B, resulting in net cash of $4.43B. Shareholders' equity was $3.37B alongside total assets of $8.69B. The company maintained a current ratio of 1.93 and a debt-to-equity ratio of 0.38. In FY2025, operating cash flow reached $1.94B and free cash flow was $1.86B. During FY2025, cash allocation included $83.4M in capital expenditures, $320.9M in share buybacks, and $751.0M in dividends paid.
Valuation and performance
Atour Lifestyle has a market cap of $4.62B and an enterprise value of $3.73B. The stock trades at a trailing P/E of 16.5x, below the 18.0x median of its US-listed Consumer Cyclical peers. Its forward P/E of 20.0x stands above the peer median of 14.1x, while its EV to EBITDA of 8.7x sits below the peer median of 11.1x. Its price-to-sales ratio is 0.4x compared to the peer median of 0.7x. Over the past year, the stock declined 8.1%, while the S&P 500 gained 16.8%.
ATAT dividend
Atour Lifestyle pays an annual dividend with a forward annual dividend of $0.54 per share, translating to a dividend yield of 1.62%. The company reported a payout ratio of 10.2% and has paid dividends for 4 consecutive years. The most recent ex-dividend date occurred on June 5, 2026.
What analysts expect
Wall Street coverage includes 17 Strong Buy and 4 Buy ratings, with 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $49.24, representing an upside of 47.3% over the last close of $33.43. For the fiscal year ending December 31, 2026, analysts estimate EPS of $15.46 and revenue of $12.83B. For the next fiscal year, 15 analysts project revenue of $15.31B. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 24, 2026.
Key risks and what to watch
- The stock has declined 13.8% year-to-date and sits 4.8% below its 200-day moving average.
- Maintaining valuation levels could be challenging if quarterly revenue growth decelerates from the 41.4% year-over-year rate reported for the quarter ended June 30, 2026.
- The forward P/E multiple of 20.0x leaves the stock exposed if FY2026 EPS falls short of the estimated $15.46.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this ATAT AI stock analysis
This page is an AI-written research summary of Atour Lifestyle Holdings Limited (ATAT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: ATAT income statement, ATAT balance sheet, ATAT key metrics, ATAT analyst forecast, ATAT chart. See the ATAT stock overview for the latest quote and news.
ATAT AI stock analysis FAQ
Does Atour Lifestyle pay a dividend?
Yes, Atour Lifestyle pays an annual dividend with a forward dividend of $0.54 per share and a dividend yield of 1.62%. Its payout ratio is 10.2%, and it has paid dividends for 4 consecutive years.
What are analysts' price targets for ATAT stock?
The mean price target for ATAT is $49.24, which is 47.3% above its last close of $33.43 on October 16, 2026. Analyst recommendations include 17 Strong Buy and 4 Buy ratings.
How fast is Atour Lifestyle growing revenue?
Atour Lifestyle generated $9.79B in revenue in FY2025, representing year-over-year growth of 35.1% and a 5-year CAGR of 44.3%. In the latest quarter ended June 30, 2026, revenue increased 41.4% year-over-year.
What is Atour Lifestyle's cash position?
As of June 30, 2026, Atour Lifestyle held $5.72B in cash and short-term investments against $1.30B in total debt, leaving net cash of $4.43B. The company also maintained a current ratio of 1.93.