Morgan Stanley: Raises the target price for Xiaomi Corporation-W to HKD 62, maintains "Overweight" rating
I'm PortAI, I can summarize articles.
Morgan Stanley raised the target price for Xiaomi Corporation-W to HKD 62, maintaining an "Overweight" rating, and expects total revenue to exceed RMB 100 billion and net profit to exceed RMB 100 billion by 2030. The growth will be driven by Xiaomi's electric vehicles, smartphones, AIoT, and internet businesses, with a projected market value reaching RMB 2.5 trillion. The sales forecast for 2025 has been increased to 370,000 units, with gross margin rising to 20.7%. Revenue from traditional businesses is expected to grow from RMB 333 billion in 2024 to RMB 600 billion by 2030
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments