Macquarie Lowers its Price Target on Atour Lifestyle Holdings (ATAT) to $46

Atour Lifestyle Holdings Limited (NASDAQ:ATAT) is one of the 7 Fastest Growing Asian Stocks to Buy.

On March 18, 2026, Macquarie lowered the price target on Atour Lifestyle Holdings Limited to $46 from $47 previously and maintained an Outperform rating on the shares. Macquarie said Q4 revenue was largely in line while adjusted EBITDA came in ahead of estimates, noting retail business growth remained healthy but moderated, with management guiding 25%-30% year-over-year retail revenue growth for the coming year.

On March 17, 2026, Atour Lifestyle Holdings Limited reported Q4 EPS of RMB 3.45, above the RMB 3.22 consensus estimate, with revenue of RMB 2.8B compared to RMB 2.1B a year ago. The company said it had 2,015 hotels in operation as of year-end, with occupancy at 76.1%. Chief Executive Officer Haijun Wang said the company completed its “2,000 Premier Hotels” initiative while highlighting continued retail growth and innovation, and outlined a new three-year plan focused on “Brand-Led Excellence.”

Macquarie Lowers its Price Target on Atour Lifestyle Holdings (ATAT) to $46

Atour Lifestyle Holdings Limited expects FY26 revenue to grow 20% to 24% year-over-year.

Atour Lifestyle Holdings Limited develops lifestyle and hotel brands in China.

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