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<Research>JPM Expects XIAOMI-W (01810.HK) to Post Strong 1Q Earnings Growth, Keeps TP/ Rating at $60/ Neutral
JPMorgan released a research report expecting XIAOMI-W (01810.HK) to post strong earnings growth in 1Q25, mainly driven by a strong momentum in AIoT and EV, as well as tight contro...
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<Research>JPM Expects XIAOMI-W (01810.HK) to Post Strong 1Q Earnings Growth, Keeps TP/ Rating at $60/ Neutral
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JPMorgan released a research report expecting XIAOMI-W (01810.HK)  +1.300 (+2.672%)    Short selling $935.27M; Ratio 8.655%   to post strong earnings growth in 1Q25, mainly driven by a strong momentum in AIoT and EV, as well as tight control of operating expenses.

JPMorgan slightly raised its forecasts to reflect better 1Q25 results and the dilutive effect of the earlier share placement, and kept rating at Neutral on the Company, with a target price of $60.

Related NewsM Stanley Elevates XIAOMI-W (01810.HK) TP to $62, Expects Shr Price to Exceed $100 by 2030
The broker considered the current share price reasonable, and anticipated it to fluctuate regionally as most of the positive catalysts have already been absorbed after the strong share price rally in the beginning of the year.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-13 16:25.)

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