Chagee Announces First Quarter 2025 Unaudited Financial Results

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Morgan Stanley on Chagee (CHA): ' Our channel checks and our AlphaWise consumer survey suggest that Chagee's store operations...are still relatively healthy '

June 3, 2025 10:38 AM EDT

Morgan Stanley analyst Lillian Lou reiterated an Overweight rating and $37.50 price target on Chagee Holdings (NASDAQ: CHA).

The analyst comments "Our view: Chagee has entered a stage of recalibration in which it is balancing its unit GMV and store expansion. Its overall GMV... More