Luckin Coffee, once a Wall Street darling, fell from grace due to an accounting scandal. Relaunched, it’s now China’s top coffee chain and has entered the U.S. market. With over 26,000 stores globally, Luckin offers a range of coffee and juice options, operates cashierless stores, and is valued at $10 billion.

Despite a past scandal, Luckin Coffee’s financials show growth, with Q2 revenues up 47.1%. The company rapidly expands, opening new stores and increasing its margins. Analysts rate Luckin stock as a Strong Buy, with a mean price target of $47.98, indicating potential gains. Luckin is back on track as a major player in the coffee industry.

Read more at Yahoo Finance: Remember Luckin Coffee Stock? China’s Viral Coffee Company Is Now in the U.S., and LKNCY Shares Are Up 46% This Year.