HSBC stated that in order to reflect the bank's higher electric car shipment volume forecast and mixed gross margin assumptions, it revised Xiaomi's net profit forecast for 2024-2026, with a 5% increase forecast for this year, while a 1% and 2% decrease for 2025 and 2026. At the same time, the bank raised Xiaomi's target price by 33%, from HK$27.5 to HK$36.7, maintaining a “buy” rating.
汇丰：上调小米目标价33% 料其智能手机毛利率第3季触底反弹
HSBC: Raises Xiaomi's target price by 33%, expects its smart phone gross margin to rebound in the third quarter.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Hot News
Updated