BEKE
KE Holdings Inc.
BEKE's fundamentals are mixed: earnings per share grew 26%, but revenue fell 14%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
BEKE Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| N/A | |
| N/A |
BEKE's profitability is currently healthy, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like BEKE.
BEKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 27x | $17.08 | -3.2% |
| Current | 28x | $17.65 | — |
| Fair | 38x | $24.17 | +37% |
| Expensive | 60x | $37.51 | +113% |
Historical ranges are pointers, not guarantees.
BEKE's PE is 28x, but its earnings don't support one, so it isn't a reliable read right now.
BEKE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect BEKE's earnings to grow and its profitability to improve, with its revenue holding steady.
BEKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.63 | +26% |
| Q1 2026 | $0.44 | -23% |
| Q4 2025 | $0.39 | -25% |
| Q3 2025 | $0.45 | -15% |
| Q2 2025 | $0.50 | -5.7% |
| Q1 2025 | $0.57 | +27% |
| Q4 2024 | $0.52 | -29% |
| Q3 2024 | $0.53 | -23% |
BEKE earned $0.63 per share over the past year, up 26% from the year before.
BEKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.7B | -5.9% |
| Q1 2026 | $2.8B | -19% |
| Q4 2025 | $3.3B | -29% |
| Q3 2025 | $3.5B | +2.1% |
| Q2 2025 | $3.9B | +11% |
| Q1 2025 | $3.5B | +42% |
| Q4 2024 | $4.7B | +54% |
| Q3 2024 | $3.4B | +27% |
BEKE's revenue has slid since its 2024 peak: $3.7B last quarter, down 5.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 12% | +6.9 points |
| Q1 2026 | 6.7% | +4.2 points |
| Q4 2025 | 2.1% | -3.9 points |
| Q3 2025 | 3% | -0.2 points |
| Q2 2025 | 5.4% | -3.2 points |
| Q1 2025 | 2.5% | +2.5 points |
| Q4 2024 | 6% | +6.8 points |
| Q3 2024 | 3.2% | -1.9 points |
BEKE's operating margin was 12% last quarter, up 6.9 points from the same quarter a year ago.
BEKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | -100% |
| Q1 2026 | -$220.8M | +$374.3M |
| Q4 2025 | $195.7M | -75% |
| Q3 2025 | $127.7M | +90% |
| Q2 2025 | $51.6M | -93% |
| Q1 2025 | -$595.1M | -$457.7M |
| Q4 2024 | $780.7M | +481% |
| Q3 2024 | $67.4M | -77% |
BEKE's free cash flow was $103M over the past year, down 66% from the year before. Free cash flow isn't a meaningful measure for real estate companies like BEKE.
BEKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -16.1M shares |
| 1 year | -4.4% | -50.9M shares |
| 3 years | -7.6% | -92.6M shares |
| 5 years | -6.5% | -77.4M shares |
| Available history | -2.2% | -25.2M shares |
BEKE has 1.1B diluted shares, down 4.4% from a year ago, with $462M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $462.2M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $424.8M |
| Q1 2025 | — |
| Q4 2024 | $765.5M |
| Q3 2024 | — |
BEKE spent $462M buying back its own shares over the past year, down 61% from the year before.
BEKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.2x | Net Cash |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | 1.3x | Healthy |
| Q3 2025 | 1.2x | Healthy |
| Q2 2025 | 1.0x | Healthy |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 1.2x | Healthy |
| Q3 2024 | 1.4x | Healthy |
BEKE has more cash than debt. Net leverage isn't a meaningful measure for real estate companies like BEKE.
BEKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.5 | Neutral |
| Stochastic | 66.3 | Neutral |
BEKE's weekly RSI is 52 (neutral) and its Stochastic is 66 (neutral).
BEKE PE vs Real Estate Sector
| Metric | BEKE | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 24x | 17% above |
| PE % | 19 | 21 | 2 pts below |
BEKE is trading at 28x earnings, a 17% premium to the Real Estate sector's median of 24x, though its earnings don't support one.
BEKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $17.5 | 0.9% above |
| 20 week MA | $17.1 | 3.2% above |
| 50 week MA | $16.9 | 4.7% above |
| 100 week MA | $17.9 | 1.2% below |
| 200 week MA | $17.1 | 3.3% above |
BEKE's trend is mixed: it's above four of its five weekly moving averages, and 3.3% above its 200-week average.
BEKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.0 | $65.3 | +98% |
| 2021 | $65.3 | $19.0 | -71% |
| 2022 | $19.0 | $14.1 | -26% |
| 2023 | $14.1 | $16.2 | +15% |
| 2024 | $16.2 | $18.5 | +14% |
| 2025 | $18.5 | $16.2 | -12% |
| 2026 YTD | $16.2 | $17.7 | +8.8% |
BEKE has finished lower in three of the last six years. It's up 8.8% so far in 2026.