Back    Zoom +    Zoom -
<Research>BOCOMI Lifts XIAOMI-W (01810.HK) TP to $62, Keeps Rating at Buy
Recommend
20
Positive
45
Negative
10
XIAOMI-W (01810.HK)'s 1Q25 results beat expectations, with continued high growth in AIOT and improved auto gross profit margin, BOCOMI released a research report saying. Revenue/ adjusted net profit amounted to RMB111.3 billion/ RMB10.7 billion each, beating the expectations of the market and the broker.

Based on a 26x PE ratio for the smartphone x AIoT segment and a 2x PS ratio for the auto business in 2026, and considering exchange rate factors, BOCOMI lifted its target price for XIAOMI-W to $62, with rating kept at Buy.

Related NewsMacquarie Lifts XIAOMI-W (01810.HK) TP to $69.32, Rating Outperform

AASTOCKS Financial News
Website: www.aastocks.com