Broadline Retail

Prosus N.V.

Prosus repurchased 2.5 million shares at an average price of €39.17 during the week of May 11-15

Indian Ride-Hailing Platform Rapido Completes $240M Series A Led by Prosus

J.P. Morgan Analyst Downgrades Prosus to Hold

Prosus Increasing Investment in iFood to Lower 2027 Adjusted Earnings

Prosus repurchased 0.805 billion euros worth of shares

Prosus repurchased 2.643733 million shares in the week

Prosus Conducts Stock Repurchase

Prosus Repurchased Stocks Worth 135.6 Million USD

Prosus Holds Its First Prosus Forward Tech Showcase, Announces eCommerce AI Deployment Plans

Prosus repurchased 2.405 million shares for a total of 100.5 million euros

Prosus repurchased 2.058996 million shares for 90.7 million euros

Prosus N.V. ADR sees significant short position decline

OLX Group Unveils Two AI Products: CompassGPT and AutoIQ

Prosus repurchases stocks worth over 89.5 million euros

Prosus repurchased shares worth 105.9 million euros

Prosus repurchased 2.95 million shares at an average price of 46.5532 euros

Prosus has no major acquisition plans and will continue to sell non-strategic assets

Prosus repurchased 175,660.5 shares

Prosus N.V. released FY2026 Semi-Annual Earnings on November 24 (EST), actual revenue USD 3.623 B (forecast USD 3.676 B), actual EPS USD 2.4992

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PROSF

J.P. Morgan analyst Marcus Diebel downgraded Prosus (PROSF) to a Hold with a price target of €74.00. Despite this downgrade, Prosus has a Strong Buy consensus among analysts, with an average price target of €66.22.

Tip Ranks

JPMorgan Chase

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

J.P. Morgan downgrades Prosus (PROSF) to a Hold

PROSY

Ride-hailing platform Rapido has raised $240 million, increasing its post-money valuation to $3 billion. The funding round, led by Prosus, aims to enhance operations in high-growth regions and expand services in Tier-I cities. Rapido focuses on affordable transport and flexible employment, addressing market gaps. The investment reflects confidence in Rapido's sustainable scaling and its ability to tackle challenges in India's digital economy.

Business Standard

Uber Tech

$240 million fundraise propels Rapido post-money valuation to $3 billion

Prosus shares fell 6.4% to 38.42 euros after CEO Fabricio Bloisi announced that increased investments in iFood would lower adjusted earnings for fiscal 2027 to between $100 million and $150 million. Despite the impact on net revenues, Bloisi expects strong growth in key performance indicators for orders and gross merchandise value. The company reported over $7.3 billion in revenue and more than $1.1 billion in adjusted earnings for the year ending March 31.

MorningStar

TENCENT

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Prosus Shares Drop After Warning on Adjusted Profit Hit due to iFood Investments

.DJI

.SPX

U.S. futures for the S&P 500 and Dow Jones fell by 0.3% and 0.1%, respectively, while European stocks, including the Stoxx Europe 600, dropped 1.1%. Notable movements included Greggs rising 5.9% and Prosus declining 7%. In commodities, Brent crude and WTI crude increased by 2% and 2.4%, respectively. The German 10-year Bund yield rose to 3.087%, and the U.S. Treasury yield increased to 4.435%. Asian markets showed mixed results, with Japan's Nikkei up 0.5% and Hong Kong's Hang Seng down 0.3%.

Dow Jones Industrial Average

S&P 500

Greggs plc

Intertek Group plc

WPP Plc

Hang Seng Index

U.S. Futures, European Stocks Decline as U.S.-Iran Stalemate Weighs on Mood

Prosus has announced a €62 million share buyback program, repurchasing 1,528,155 shares at an average price of €40.71 each between April 27 and May 1, 2026. This initiative is part of its ongoing strategy to manage share capital and support market valuation, conducted under European regulations. Prosus, a global technology company, focuses on AI-driven solutions and holds significant investments in various sectors, including food delivery and fintech.

Naspers

Prosus Expands Share Buyback With €62 Million Repurchase Tranche

TCEHY

TCTZF

Prosus (ENXTAM:PRX) is under scrutiny following the death of board member Steve Pacak, raising concerns about governance. The stock trades at €40.65, reflecting a 24% decline this year, yet a 3-year total return of 34.51%. Analysts suggest the fair value is €79.99, indicating potential undervaluation, while a DCF model estimates it at €28.10, suggesting overvaluation. The contrasting views highlight the uncertainty surrounding Prosus's future growth and risks, particularly related to Tencent and regulatory challenges. Investors are encouraged to explore other opportunities and assess their portfolios accordingly.

- Prosus is in the spotlight following the death of Steve Pacak, its non-executive director, raising concerns about board governance.  
- Shares currently trade at €40.65, with mixed performance data indicating a 30-day gain of 5.39% and a 90-day decline of 18.32%.  
- Analysts peg fair value at €79.99, suggesting significant upside potential, but contrasting DCF valuations indicate it may be overvalued at €28.10, highlighting differing investment perspectives.

Simplywall

A Look At Prosus (ENXTAM:PRX) Valuation After The Passing Of Key Board Member Steve Pacak