Autohome (ATHM) Faces Revenue Growth Challenges, Says Citi as Target Falls to $17

With an annual dividend yield of 10.28%, Autohome Inc. (NYSE:ATHM) is included among the 12 Ultra-High Dividend Stocks to Buy for Income Investors.

Autohome (ATHM) Faces Revenue Growth Challenges, Says Citi as Target Falls to $17

On May 29, Citi lowered its price recommendation on Autohome Inc. (NYSE:ATHM) to $17 from $18. It reiterated a Neutral rating following the company’s first-quarter results. The firm said pressure from weak new vehicle sales is expected to continue into the second quarter. Still, it noted that the year-over-year decline in original equipment manufacturer advertising could be less severe than it was in the first quarter. Citi also reduced its forward earnings estimates for Autohome, citing ongoing challenges to revenue growth and a weaker-than-expected path for operating profit.

During Autohome’s Q1 2026 earnings call, Chairman and Chief Executive Officer Mr. Chi Liu highlighted the company’s growing user engagement. Citing data from QuestMobile, he said average mobile daily active users reached a record high of more than 80 million in March 2026, up 4.9% from a year earlier.

Liu also discussed the company’s efforts to strengthen its transaction platform. He noted that Autohome had introduced an online car-purchasing feature in two cities through its new retail business. The program is being tested with dealership partners as the company explores new e-commerce models for vehicle purchases. Beyond its domestic market, Autohome continued to expand internationally. Liu said YesAuto, the company’s overseas platform, had officially launched operations in Thailand. He added that Autohome’s global used-car export platform was also up and running and had received positive feedback from the market.

According to Liu, these initiatives represent the beginning of a new growth phase for the company. He said the strategy is built around a dual-circulation model that connects opportunities in both domestic and international markets.

Autohome Inc. (NYSE:ATHM) is a holding company that primarily operates an online platform serving automobile consumers. The company provides a range of services that help users research, buy, sell, and own vehicles.

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