STOCK TITAN

Here Group (HERE) Stock Price, News & Analysis

HERE NASDAQ

Ticker history: QSG became HERE (Here Group Limited) on . Earlier news and filings retain their original names and dates. View QSG history.

Published by Stock Titan Data refreshed

Price Move History

Daily moves over 5%
48 252 sessions, November 3, 2025 to November 3, 2026
Largest daily move
-24.9% close of June 5, 2026
1-year change
-80.3% closing prices, November 3, 2025 to November 3, 2026
1-month change
-15.9% closing prices, October 2, 2026 to November 3, 2026

Company Description

Here Group Limited (NASDAQ: HERE) is a pop toy company that focuses on creating collectible pop toys and trend-defining experiences. According to the company, it is dedicated to developing beloved collectibles that spark joy and emotional resonance for toy enthusiasts and collectors. Through its HERE奇梦岛 brand, the company emphasizes design and storytelling to deliver immersive collecting experiences that blend artistic value with emotional warmth and a distinctive brand culture.

Here Group Limited describes its brand philosophy as centered on joy, integrity, wonder, and co-creation. Guided by these principles, the company aims to build vibrant cultural ecosystems where fans can shape, share, and transmit their dreams. Its approach combines character-based intellectual property, narrative elements, and pop toy formats to connect deeply with collectors and broader pop culture communities.

Following shareholder approval at an extraordinary general meeting on November 6, 2025, the company’s legal name was changed from QuantaSing Group Limited to Here Group Limited. Effective November 11, 2025, its ordinary shares began trading on the Nasdaq Global Market under the new ticker symbol HERE. The company has stated that historical trading data prior to that date may appear under its former name and ticker symbol.

Here Group Limited reports that, after the disposal of its Established Business on September 30, 2025, it is primarily engaged in the pop toy business. The Established Business included business operations that were in place before the acquisition of Shenzhen Yiqi Culture Co., Ltd., such as individual online learning services, consumer businesses, and other activities aside from pop toys. The disposal was accounted for as discontinued operations, reflecting a strategic shift that has a major effect on the company’s operations and financial results.

In its financial disclosures, the company notes that revenues from continuing operations are derived solely from the sales of pop toys and related activities. Cost of revenues primarily consists of costs associated with pop toy goods sold. The company also reports expenditures on sales and marketing, research and development, and general and administrative functions, which support brand visibility, product design, platform development, and core operational activities.

Here Group Limited highlights that it manages a portfolio of intellectual properties (IPs) related to its pop toy characters and designs. As of September 30, 2025, the company reported a total of 17 IPs, including proprietary IPs, exclusive licensed IPs, and non-exclusive licensed IPs. In the company’s definition, an IP refers to the design of a single or a series of characters and the underlying intellectual property rights. This IP portfolio underpins its pop toy offerings and associated experiences.

The company has discussed a two-pillar growth strategy focused on IP development and omnichannel expansion. Within this framework, it emphasizes the development of character-based IPs and the expansion of sales and engagement channels for its pop toys. Research and development expenses are directed toward advancing the pop toy portfolio through new product design and building an integrated sales platform and data center infrastructure intended to support future business scaling.

Here Group Limited has also described its financial reporting approach, which includes both U.S. GAAP measures and certain non-GAAP measures. For example, it uses adjusted net loss from continuing operations and basic and diluted adjusted net loss from continuing operations per ordinary share, which exclude share-based compensation expense. The company states that these non-GAAP metrics are intended to provide additional insight into its operating performance, while noting that such measures have limitations and should be considered alongside the most comparable U.S. GAAP measures.

In addition, the company has announced a share repurchase program approved by its board, authorizing repurchases of its Class A ordinary shares in the form of ADSs over a defined period. It has disclosed the aggregate consideration and number of ADSs repurchased under this program as of specified dates in its public communications.

Overall, Here Group Limited presents itself as a focused pop toy company that has transitioned away from its prior Established Business to concentrate on collectible pop toys, character IP development, and related experiences. Its disclosures emphasize brand philosophy, IP-driven pop toy offerings, strategic transformation, and the financial and operational structure that supports its pop toy-focused model.

Stock Performance

$1.47
+2.88%
+0.04
Last updated: November 4, 2026 at 13:23
-80.3%
Performance 1 year
$80.0M

Here Group (HERE) closed at $1.43 on November 3, 2026. Over the past 12 months, the price has lost 80.3%.

See what a $1,000 investment in HERE would be worth today

Average down calculator for HERE

HERE Metrics & Rankings

Price returns through November 3, 2026. Month and year figures include the first trading day. Ranking links may use different dates.

Financial Highlights

Here Group generated $88.0M in revenue in FY2026, retaining a 33.1% gross margin, operating income reached -$43.4M (-49.3% operating margin), and net income was $9.2M, reflecting a 10.5% net profit margin. Diluted earnings per share stood at -$0.23. The company generated -$20.5M in operating cash flow. The current ratio was 6.01, measuring current assets divided by current liabilities.

$88.0M
Revenue (FY2026)
$9.2M
Net Income (FY2026)
-$20.5M
Operating Cash Flow

Upcoming Events

No upcoming events scheduled for HERE.

Short Interest History

Last 12 Months

Short interest in Here Group (HERE) currently stands at 603.4 thousand shares, up 13.8% from the previous reporting period, representing 1.7% of the float. Since November 2025, short interest has decreased by 19.9%.

Days to Cover History

Last 12 Months

Days to cover for Here Group (HERE) currently stands at 62.7 days, up 237.2% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Since November 2025, the figure has increased by 2347.7%. Across the settlements charted above, it has ranged from 2.4 to 62.7 days.

HERE Company Profile & Sector Positioning

Here Group (HERE) operates in the Leisure industry within the broader Consumer Cyclical sector and is listed on the NASDAQ.

Investors comparing HERE often look at related companies in the same sector, including FST Corp. (KBSX), Golden Heaven Group Holdings Ltd. (GDHG), Clarus Corporation (CLAR), Xponential Fitness, Inc. (XPOF), and American Outdoor Brands, Inc. (AOUT). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate HERE's relative position within its industry.

Frequently Asked Questions

The current stock price of Here Group (HERE) is $1.47 as of November 4, 2026.

The market cap of Here Group (HERE) is approximately $80.0M. Learn more about what market capitalization means .

The FY2026 revenue of Here Group (HERE) is $88.0M, from its most recent completed fiscal year.

The FY2026 net income of Here Group (HERE) is $9.2M, from its most recent completed fiscal year.

The diluted earnings per share (EPS) of Here Group (HERE) is -$0.23 for FY2026, its most recent completed fiscal year. Learn more about EPS .

The operating cash flow of Here Group (HERE) is -$20.5M for FY2026, its most recent completed fiscal year. Learn about cash flow.

The net profit margin of Here Group (HERE) is 10.5% for FY2026, its most recent completed fiscal year. Learn about profit margins.

The operating profit margin of Here Group (HERE) is -49.3% for FY2026, its most recent completed fiscal year. Learn about operating margins.

The gross profit margin of Here Group (HERE) is 33.1% for FY2026, its most recent completed fiscal year. Learn about gross margins.

The current ratio of Here Group (HERE), current assets divided by current liabilities, was 6.01 at the end of FY2026, its most recent completed fiscal year. Learn about liquidity ratios.

The gross profit of Here Group (HERE) is $29.1M for FY2026, its most recent completed fiscal year.

The operating income of Here Group (HERE) is -$43.4M for FY2026, its most recent completed fiscal year. Learn about operating income.

Here Group Limited is a pop toy company that creates collectible pop toys and trend-defining experiences. Through its HERE奇梦岛 brand, it focuses on design and storytelling to deliver immersive collecting experiences that connect with toy enthusiasts and collectors.

The company states that its brand philosophy is guided by joy, integrity, wonder, and co-creation. It aims to build vibrant cultural ecosystems where fans can shape and share dreams through collectible pop toys and related experiences.

According to the company, the HERE奇梦岛 brand is the platform through which it creates collectible pop toys that spark joy and inspire global culture. The brand emphasizes innovative design and storytelling to deliver immersive experiences for collectors.

The company’s legal name was previously QuantaSing Group Limited. Following shareholder approval at an extraordinary general meeting, the name was changed to Here Group Limited, and its shares began trading under the ticker symbol HERE on the Nasdaq Global Market.

The Established Business refers to all business operations established before the acquisition of Shenzhen Yiqi Culture Co., Ltd., including individual online learning services, consumer businesses, and other activities aside from the pop toy business. The company completed the disposal of this Established Business and accounts for it as discontinued operations.

After the disposal of its Established Business, Here Group Limited reports that it is primarily engaged in the pop toy business. Revenues from continuing operations are derived solely from the sales of pop toys and related activities.

For Here Group Limited, an IP refers to the design of a single or a series of characters and the underlying intellectual property rights. The company reports that it manages a portfolio of such IPs that support its pop toy offerings.

As of September 30, 2025, the company reported a total of 17 IPs, including proprietary IPs, exclusive licensed IPs, and non-exclusive licensed IPs. These IPs form the basis of its character designs and pop toy products.

The company has discussed a two-pillar growth strategy focused on IP development and omnichannel expansion. This includes developing its character-based IP portfolio and expanding the channels through which its pop toys are marketed and sold.

Here Group Limited uses non-GAAP financial measures such as adjusted net loss from continuing operations and basic and diluted adjusted net loss from continuing operations per ordinary share. These measures exclude share-based compensation expense and are presented alongside U.S. GAAP metrics.

Yes. The company announced that its board approved a share repurchase program authorizing the repurchase of a specified amount of its Class A ordinary shares in the form of ADSs over a defined purchase period, and it has disclosed the number of ADSs repurchased and related consideration as of certain dates.

Here Group Limited’s ordinary shares trade on the Nasdaq Global Market under the ticker symbol HERE. Historical trading data prior to the name and ticker change may appear under QuantaSing Group Limited and the ticker QSG on some third-party platforms.