• Macquarie reaffirms "Outperform" rating for NASDAQ:ATAT, with a price target increase from $39 to $44.
• Q3 2025 financials show a 38.4% year-over-year increase in net revenues, reaching approximately $369 million.
• ATAT's net income rose by 24.6% year-over-year to around $67 million, indicating robust growth and market potential.

Atour Lifestyle Holdings Limited, listed on the NASDAQ as ATAT, is a leading hospitality and lifestyle company in China. The company operates a vast network of hotels, with 1,948 establishments and 219,359 rooms as of September 30, 2025. ATAT competes with other major players in the hospitality industry, focusing on providing unique lifestyle experiences to its customers.

On November 25, 2025, Macquarie reaffirmed its "Outperform" rating for NASDAQ:ATAT, with the stock priced at $37.68. This decision aligns with the company's strong financial performance in Q3 2025. Atour's net revenues surged by 38.4% year-over-year, reaching RMB 2,628 million (approximately $369 million), showcasing its robust growth trajectory.

Macquarie also raised its price target for ATAT from $39 to $44, as highlighted by TheFly. This adjustment reflects the company's impressive financial metrics, including a 24.6% year-over-year increase in net income, amounting to RMB 474 million (around $67 million). The positive outlook is further supported by the company's strategic direction discussed during its recent earnings call.

ATAT's stock is currently priced at $37.75, showing a slight decrease of 0.21% or $0.0794. Despite this minor fluctuation, the stock has experienced a range between $36.58 and $38.63 during the trading day. Over the past year, ATAT has seen a high of $42.34 and a low of $21.50, indicating its volatility in the market.

The company's market capitalization stands at approximately $5.24 billion, with a trading volume of 1,031,620 shares. ATAT's strong financial performance, coupled with Macquarie's positive assessment, positions the company well for future growth in the competitive hospitality sector.