Luckin Coffee (OTCMKTS:LKNCY) Downgraded by Zacks Research to “Hold”

Posted by Teresa Graham on Oct 7th, 2026

Zacks Research downgraded shares of Luckin Coffee (OTCMKTS:LKNCY – Free Report) from a strong-buy rating to a hold rating in a research note published on Monday,Zacks reports.

A number of other equities analysts have also commented on LKNCY. Jefferies Financial Group assumed coverage on shares of Luckin Coffee in a research report on Tuesday, June 9th. They issued a “buy” rating and a $43.60 price objective for the company. The Goldman Sachs Group set a $49.00 price target on shares of Luckin Coffee and gave the company a “buy” rating in a report on Sunday, June 21st. Finally, BNP Paribas Exane upgraded shares of Luckin Coffee to an “outperform” rating and set a $48.00 price target for the company in a research report on Tuesday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $46.87.

Read Our Latest Report on LKNCY

Luckin Coffee Price Performance

Luckin Coffee stock opened at $33.10 on Monday. The firm has a market capitalization of $9.49 billion, a P/E ratio of 19.70 and a beta of -0.34. Luckin Coffee has a one year low of $27.22 and a one year high of $43.64. The business has a fifty day moving average price of $34.66 and a 200-day moving average price of $32.96.

About Luckin Coffee

(Get Free Report)

Luckin Coffee Inc is a China-based coffeehouse company that operates a technology-driven retail and delivery network. The company sells freshly prepared coffee beverages, including espresso-based drinks and specialty coffee, along with tea beverages, light meals, snacks and other food products.

Founded in 2017, Luckin built its business around mobile ordering, cashless payment, store-based pickup and delivery. Its locations typically emphasize convenience and standardized preparation, serving customers through a combination of pickup stores, delivery-oriented outlets and larger café locations.

Luckin primarily serves customers in mainland China and has also expanded its operations into Singapore.