Macquarie has initiated coverage on Chagee Holdings Ltd (CHA) with a Neutral rating as of September 4, 2025. This marks the firm's first assessment of the company, which engages in the sales of freshly-made tea drinks and related products. Headquartered in Shanghai, Chagee operates a network of teahouses both domestically and overseas, employing approximately 4,800 full-time staff.
The company went public on April 17, 2025, and currently has a market capitalization of $2.6 billion. Its price-to-earnings ratio stands at 9.07, with an earnings per share of 11.16. In its latest earnings report for Q2 2025, Chagee reported an EPS of $0.35, falling short of the estimated $0.65, reflecting a 45.9% surprise.
Analyst consensus as of November 1, 2025, indicates a Buy rating, with 2 Strong Buy, 6 Buy, and 2 Hold ratings among 10 analysts. Analyst ratings provide insights based on research and financial models, but they can change as new information emerges. Investors should consider a range of factors when making decisions, including company fundamentals and market conditions.
This update provides insight into Chagee's current standing in the market following Macquarie's recent action.