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<Research>Jefferies Elevates XIAOMI-W's TP by 10% to $69.5, Expects AIoT to Bring More Earnings Upside Potential
Jefferies has issued a report estimating XIAOMI-W (01810.HK)'s 1Q25 results to beat expectations with its artificial intelligence of things (AIoT) business. In the medium term,...
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<Research>Jefferies Elevates XIAOMI-W's TP by 10% to $69.5, Expects AIoT to Bring More Earnings Upside Potential
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Jefferies has issued a report estimating XIAOMI-W (01810.HK)  +1.250 (+2.495%)    Short selling $975.50M; Ratio 8.102%   's 1Q25 results to beat expectations with its artificial intelligence of things (AIoT) business. In the medium term, the company's home appliance business may bring in potential revenue of RMB100 billion.

Jefferies raised its target price for XIAOMI-W by 10% from $63.25 to $69.5, with a Buy rating.

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Despite the market's main focus on XIAOMI-W's electric vehicle business, Jefferies saw the group's AIoT as another underrated business, which had the potential to offer positive surprises regarding short-term earnings.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-07 16:25.)

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