8 Most Undervalued Growth Stocks to Buy Right Now

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6. MINISO Group Holding Limited (NYSE:MNSO)

On May 29, 2026, JPMorgan analyst Kevin Yin lowered the firm’s price target on MINISO Group Holding Limited (NYSE:MNSO) to $16 from $26 previously and maintained an Overweight rating on the shares following the company’s Q1 earnings report.

On May 26, 2026, MINISO Group Holding Limited (NYSE:MNSO) reported Q1 adjusted EPS of RMB1.80, compared to RMB1.92 last year. Revenue totaled RMB5.688B, up from RMB4.427B last year. Founder, Chairman, and Chief Executive Officer Guofu Ye said group-level revenue grew 28.5% year-over-year, outperforming prior expectations. Ye said MINISO Chinese mainland revenue grew 29.6% year-over-year in Q1, marking a fifth consecutive quarter of acceleration since the March quarter of 2025, supported by another solid high-single-digit SSSG. MINISO overseas revenue grew 21.9%, supported by low-single-digit SSSG, while TOP TOY revenue increased 51.4% year-over-year.

MINISO Group Holding Limited (NYSE:MNSO) retails and wholesales design-led lifestyle and pop toy products across Mainland China, the rest of Asia, North and Latin America, Europe, and internationally.

While we acknowledge the potential of MNSO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MNSO and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Most Undervalued Growth Stocks to Buy Right Now.

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