News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>G Sachs Cuts XIAOMI-W (01810.HK) TP to HKD40; 1Q Results Largely In Line
Goldman Sachs issued a research report on XIAOMI-W (01810.HK), of which 1Q results were largely in line. Revenue fell 11% YoY during the period, while adjusted net profit declined ...
Reset
Send
The window will close in 5 seconds
<Research>G Sachs Cuts XIAOMI-W (01810.HK) TP to HKD40; 1Q Results Largely In Line
Close
Recommend
20
Positive
30
Negative
18
 
 

Goldman Sachs issued a research report on XIAOMI-W (01810.HK)  -0.520 (-1.821%)    Short selling $2.09B; Ratio 30.107%   , of which 1Q results were largely in line. Revenue fell 11% YoY during the period, while adjusted net profit declined 43% YoY. The broker noted that the company permanently reduced the API pricing of its MiMo-V2.5 model to a globally competitive low level, demonstrating ambition to expand MiMo inference token usage and extend its leadership among global LLMs.

Goldman Sachs maintained its Buy rating on XIAOMI-W and lowered its 12-month TP from HKD41 to HKD40, implying 34% upside. Taking into account lower EV gross margins following the launch of the new SU7 model and the new standard version of YU7, as well as increased AI investment, the broker cut its 2026-28 adjusted EPS forecasts by 6%, 3% and 2%, respectively. Goldman Sachs estimated XIAOMI-W's 2026 "backbone profit" at RMB32.8 billion, down 12% YoY.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-29 16:25.)

Related News Jefferies Downgrades XIAOMI-W (01810.HK) to Underperform, Cuts TP to HKD25.49

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.