What guidance, if any, did the company provide for the remainder of 2025?

Guidance from Noah Holdings (NOAH) for the rest of 2025

The August 15, 2025 press release only announces that Noah will publish its unaudited Q2 and H1 2025 financial results on August 27, 2025. The release does not contain any forward‑looking guidance—such as revenue, net‑profit, assets‑under‑management (AUM) growth targets, or operating‑margin expectations—for the balance of the year. Noah simply signals that the upcoming results will be “unaudited” and that the company will “continue to focus on expanding its wealth‑management platform and deepening client relationships.”

Trading implications

• Short‑term positioning: With no explicit 2025 guidance, the market will price the stock largely on the upcoming Q2/H1 results and the broader wealth‑management narrative. Traders should watch the August 27 release for any surprise in earnings, AUM growth, or profit that could trigger a volatility spike. A beat‑or‑miss relative to analyst expectations will likely drive the next price move more than the lack of forward guidance.
• Technical view: NOAH has been trading in a tight range ahead of the earnings release, holding near its 200‑day moving average. A breakout—upward on a strong earnings beat or downward on a miss—could set the next short‑term trend. Tight stop‑losses around the current support (≈ $0.85) and resistance (≈ $0.95) levels are advisable.
• Fundamental outlook: In the absence of a 2025 outlook, investors should focus on the company’s historical AUM growth trajectory, fee‑income mix, and the macro‑environment for Chinese high‑net‑worth investors. Any commentary in the August 27 call about “continued expansion” or “strategic initiatives” will be the de‑facto guidance to use for longer‑term positioning.

Actionable take‑away: Until the August 27 results are released, keep a neutral‑to‑light‑long stance, monitor the earnings surprise, and be ready to swing into a directional trade on the post‑release price action. If the results show robust AUM growth and profitability, consider a short‑to‑mid‑term long position; if they fall short, a short‑term defensive play may be warranted.