HSI1 25,335.95 +272.24 350.93B
HSCEI1 8,582.74 +83.21 156.54B
Back    Zoom +    Zoom - Block Traded
BofAS Trims XIAOMI-W (01810.HK) TP to $40, Cuts Earnings Forecasts, Reiterates Buy Rating
2026-03-25 14:40:02
XIAOMI-W (01810.HK)'s 4Q25 adjusted net profit was RMB6.3 billion, down 24% YoY and 44% QoQ, better than BofA Securities' expectations (in line with market consensus), mainly benefiting from non-operating income, BofA Securities issued a research report saying.

The broker lowered its 2026/ 2027 adjusted earnings forecasts by 7-9% to reflect pressure on sales and profit margins.

Therefore, BofA Securities reiterated rating at Buy due to the potential upside room from the Company's overseas IoT business expansion and new EV models, along with long-term opportunities from AI monetization. The broker trimmed its target price from $45 to $40.
~

AASTOCKS Financial News
Website: www.aastocks.com