Goldman Sachs: Maintains a "buy" rating for Kuaishou-W, expects the fourth quarter AI revenue forecast to be revised upwards.

Goldman Sachs released a research report stating that Kuaishou-W (01024) recently launched "Keling O1", positioning it as the first comprehensive multimodal creation tool, and will continue to release O1 image editing models and more model upgrades this week. With the launch of Keling O1, Goldman Sachs believes that the market may raise its revenue forecast for Keling AI business in the fourth quarter of this year. The current valuation of Keling's business is approximately $4.6 billion, and Goldman Sachs maintains a "buy" rating on Kuaishou, with a target price of HKD 83.