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So-Young International's 1Q2026 sales rose 46% but net losses widened, prompting rating cut to Hold.

Analyst Insights
26 May 2026
Seeking Alpha
View Source
Neutral
pluang ai news

So-Young International reported a 46% year-on-year revenue increase in the first quarter of 2026, driven by a strategic shift towards offline aesthetic clinics. However, the company’s net losses expanded due to reduced profits from its online operations and increased costs from expanding its physical presence. This mixed financial performance led an analyst to downgrade the stock rating from Buy to Hold, reflecting uncertainty about the stock's valuation and future growth prospects.

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