ATRenew Inc. (RERE) AI Stock Analysis

ATRenew Inc., formerly known as AiHuiShou International Co. Ltd., operates as a provider of pre-owned consumer electronics in China. Established in 2011 and headquartered in Shanghai, its network included 1,287 AHS stores and 21 Paipai stores in 214 cities as of December 31, 2021. The company sells refurbished electronics such as mobile phones, laptops, tablets, drones, digital cameras, household products, and bags through online platforms and physical stores. ATRenew also allows third-party merchants to list and sell products on its e-commerce platforms, provides quality assurance protocols, and engages in electronics reuse and recycling initiatives.

Revenue expanded from $7.78B in FY2021 to $20.47B in FY2025, reflecting a 5-year revenue CAGR of 33.3% from FY2020 to FY2025. Annual revenue growth was 25.4% in FY2025, while gross margin decreased from 26.3% in FY2021 to 12.3% in FY2025. The company turned profitable in FY2025 with operating margin reaching 2.0% and net income of $327.1M, compared to net income of -$816.5M in FY2021 and -$2.47B in FY2022. For the trailing twelve months, revenue was $24.17B with a net profit margin of 2.0%. In the latest quarter ended June 30, 2026, quarterly revenue grew 32.4% and quarterly earnings increased 81.8% year-over-year.

As of June 30, 2026, ATRenew held $1.78B in cash and short-term investments against total debt of $534.8M, resulting in net cash of $1.24B. The company maintained a current ratio of 2.36 and a debt-to-equity ratio of 0.13, supported by shareholders' equity of $4.07B and total assets of $6.31B. In FY2025, operating cash flow was -$403.3M and free cash flow was -$543.6M. Capital allocation in FY2025 included capital expenditures of $140.3M and share buybacks of $89.8M.

ATRenew trades at a trailing P/E of 14.0x and a forward P/E of 8.1x, below the median of its US-listed Consumer Cyclical peers of 18.0x and 14.1x, respectively. Its enterprise value to EBITDA sits at 7.3x compared to the peer median of 11.1x, while price to sales is 0.0x versus 0.7x for peers. Over the past year, RERE shares gained 5.2%, trailing the S&P 500 (SPY) return of 16.8%. Over five years, the stock returned -55.8% compared to an 83.0% return for the benchmark index.

ATRenew pays an annual forward dividend of $0.10 per share, representing a dividend yield of 2.56%. The dividend payout ratio stands at 5.9%. The company's last ex-dividend date was April 6, 2026.

All 4 analysts covering ATRenew rate the stock a StrongBuy, with 0 Buy, Hold, Sell, or StrongSell ratings. The mean price target is $6.63, representing an upside of 69.5% over the last close of $3.91. For the current fiscal year ending December 31, 2026, consensus estimates project EPS of $2.82 and revenue of $26.82B. ATRenew beat EPS estimates in 2 of the last 4 quarters, and its next earnings date is November 19, 2026.

This page is an AI-written research summary of ATRenew Inc. (RERE). 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.

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