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<Research>Haitong Int'l Hikes XIAOMI-W's TP to $59.1; Rating Kept Outperform
Recommend 22 Positive 45 Negative 24 |
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Haitong International has released a report predicting XIAOMI-W (01810.HK)'s FY25 average selling price and sales volume of its smartphones to continue rising on premiumization and overseas expansion. The IoT and smartphone subsidies starting in 2025 will also further boost shipments. Xiaomi HyperOS 2.0 enhances AI integration of "Human x Car x Home", accelerating IoT sales. In addition, the SU7 Ultra is set to launch in 1Q25, while the YU7 is expected to launch in 3Q25, with projections to drive annual electric vehicle shipments to 350,000 units. Haitong International lifted its target price for XIAOMI-W from $33.5 to $59.1, with the Outperform rating remaining in place. AAStocks Financial News |
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