Cheetah Mobile Inc. (CMCM) AI Stock Analysis

NYSE: CMCMAI research summary: business, growth, valuation, analysts, bull and bear case.

CMCM AI stock analysis summary

AI Research

Cheetah Mobile Inc. (CMCM) is an internet service and mobile application provider based in Beijing. In FY2025, revenue grew 42.6% to $1.15B, though the company remained unprofitable with net income of -$257.7M. As of June 30, 2026, the company held a net cash balance of $1.27B, while its stock price declined 68.6% over the prior year.

Market cap
$72.0M
Revenue (TTM)
$1.12B
P/E
—
fwd 12.0x
1Y return
-68.6%
S&P 500 16.8%
Avg. target
$9.39
304.8% vs last close

Bull case

  • Cheetah Mobile held $1.27B in cash and short-term investments against just $2.9M in total debt as of June 30, 2026.
  • FY2025 revenue expanded by 42.6% to reach $1.15B while gross margin rose to 72.5%.
  • The analyst mean price target of $9.39 stands 304.8% above the last closing price of $2.32.

Bear case

  • The company has posted sustained annual losses, including net income of -$257.7M in FY2025 and a trailing twelve month net profit margin of -28.0%.
  • Cash flow remains negative, evidenced by free cash flow of -$185.1M in FY2025 and operating cash flow of -$172.3M.
  • In the latest quarter ended June 30, 2026, quarterly revenue fell 9.9% year-over-year while quarterly earnings dropped 99.5%.

What Cheetah Mobile does

Cheetah Mobile Inc., headquartered in Beijing, China, operates as an internet company with a global footprint across China, the United States, Japan, and other international markets. Its core utility products include Clean Master, Security Master, and Duba Anti-virus. In addition, the company provides mobile games such as Piano Tiles 2, Rolling Sky, and Dancing Line. Cheetah Mobile also offers value-added products including PC and mobile software, wallpaper options, office optimization tools, and an E-Coupon vending robot. It provides a multi-cloud management platform, overseas advertising agency services, mobile advertising publisher services, the duba.com start page, and artificial intelligence-powered cloud analytics engines.

Growth and profitability

Annual revenue fluctuated from $784.6M in FY2021 to $884.1M in FY2022, before dropping 24.3% to $669.5M in FY2023. Revenue subsequently recovered to $806.9M in FY2024 and reached $1.15B in FY2025, reflecting a 42.6% gain. Between FY2020 and FY2025, Cheetah Mobile recorded a 5-year revenue CAGR of -5.8%. Operating margins were negative across all five years, finishing at -12.0% in FY2025 with a net loss of -$257.7M. For the trailing twelve months, revenue was $1.12B alongside a profit margin of -28.0%. For the latest quarter ended June 30, 2026, quarterly revenue fell 9.9% year-over-year, while quarterly earnings dropped 99.5%.

CMCM income statement →

Balance sheet and cash flow

As of June 30, 2026, Cheetah Mobile held $1.27B in cash and short-term investments against $2.9M in total debt, resulting in net cash of $1.27B. Shareholders' equity stood at $1.43B, while total assets totaled $4.64B. The company recorded a current ratio of 1.23 and a debt-to-equity ratio of 0.00. In FY2025, cash generation remained negative, with operating cash flow of -$172.3M and free cash flow of -$185.1M. Capital expenditures were $12.8M for FY2025, while research and development expenses reached $346.2M.

CMCM balance sheet →

Valuation and performance

Cheetah Mobile trades at a market cap of $72.0M and an enterprise value of -$107.1M. Its price-to-sales multiple is 0.1x and its EV/EBITDA is 0.8x, both below the median of its US-listed Communication Services peers at 0.8x and 10.0x, respectively. The stock carries a forward P/E of 12.0x, compared to the peer median of 14.1x, alongside a PEG ratio of 0.25. Over the past year, the shares dropped 68.6%, trailing the S&P 500 (SPY) return of 16.8%, and trade 49.6% below their 200-day moving average.

CMCM key metrics →

What analysts expect

One analyst covers Cheetah Mobile for the next fiscal year. For the current fiscal year ending December 31, 2026, the EPS estimate is -$1.23 on estimated revenue of $0. For the next fiscal year, the EPS estimate is $1.61, alongside revenue expectations of $1.69B that indicate 19.2% annual growth. Over the last four quarters, the company recorded 0 EPS beats. The mean price target is $9.39, representing a 304.8% premium to the last close of $2.32. The next earnings date is scheduled for November 25, 2026.

CMCM forecast and price target →

Key risks and what to watch

  • Cheetah Mobile recorded 0 EPS beats over the trailing four quarters.
  • The stock has a beta of 1.84 and declined 61.3% year-to-date and 68.6% over the past year.
  • The 5-year revenue CAGR from FY2020 to FY2025 was -5.8%, indicating long-term revenue contraction.

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 CMCM AI stock analysis

This page is an AI-written research summary of Cheetah Mobile Inc. (CMCM). 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: CMCM income statement, CMCM balance sheet, CMCM key metrics, CMCM analyst forecast, CMCM chart. See the CMCM stock overview for the latest quote and news.

CMCM AI stock analysis FAQ

Does Cheetah Mobile pay a dividend?

Cheetah Mobile does not pay a regular dividend. The company used cash in FY2025 for $346.2M in research and development expenses and $12.8M in capital expenditures.

What is Cheetah Mobile's cash and debt position?

As of June 30, 2026, Cheetah Mobile had $1.27B in cash and short-term investments and $2.9M in total debt, giving it a net cash balance of $1.27B.

When is Cheetah Mobile's next earnings report?

Cheetah Mobile's next earnings date is November 25, 2026.

What do analysts project for Cheetah Mobile's financial results?

For the fiscal year ending December 31, 2026, the EPS estimate is -$1.23. For the following fiscal year, 1 analyst projects revenue of $1.69B and an EPS of $1.61, with a mean price target of $9.39.

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