---
title: "In \"The Big Banks,\" Citigroup lowers the target price for NEWBORNTOWN to 16 yuan and maintains a \"Outperform\" rating"
description: "Citi has lowered the target price for NEWBORNTOWN to 16 yuan, maintaining a \"outperform\" rating. Although the company's operational and revenue data for the fourth quarter of 2025 showed solid perform"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/273776129.md"
published_at: "2026-01-27T02:18:15.000Z"
---

# In "The Big Banks," Citigroup lowers the target price for NEWBORNTOWN to 16 yuan and maintains a "Outperform" rating

> Citi has lowered the target price for NEWBORNTOWN to 16 yuan, maintaining a "outperform" rating. Although the company's operational and revenue data for the fourth quarter of 2025 showed solid performance, the stock price has corrected by 16%, mainly due to the 2026 earnings outlook being below market expectations. Citi believes that the company's investment commitments in short dramas and AI technology are reasonable, and although there is pressure on profit margins in the short term, it will contribute to long-term sustainable development

CITIC published a report stating that NEWBORNTOWN (09911.HK) released solid operational and revenue data for the fourth quarter of 2025 after the market closed last Wednesday (21st), but the stock price still retreated by 16%. The firm believes this is mainly due to the management's earnings outlook for 2026 being below market expectations.

The firm believes that the company's commitment to invest RMB 200 million to 300 million in short dramas and AI technology, while putting pressure on short-term profit margins, is reasonable given the vast development opportunities in the global entertainment industry, and it can enrich the product portfolio for sustainable long-term development.

Based on the downward revision of earnings forecasts, the firm has lowered the target price for NEWBORNTOWN from HKD 17.5 to HKD 16, maintaining a "outperform the market" rating

### Related Stocks

- [09911.HK - NEWBORNTOWN](https://longbridge.com/en/quote/09911.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 3 no-brainer AI stocks to buy right now | These artificial intelligence (AI) stocks show promising upside for long-term investors. | [Link](https://longbridge.com/en/news/276392243.md) |
| Why Smart Money Buys When AI Stocks Pull Back | Why Smart Money Buys When AI Stocks Pull Back | [Link](https://longbridge.com/en/news/276517144.md) |
| Big Tech should sell America on AI data centers, not the other way around | AI data centers are crucial for the U.S. to maintain competitiveness in the global AI race, yet many communities oppose  | [Link](https://longbridge.com/en/news/276472600.md) |
| Got $5,000? Here are 5 must-buy artificial intelligence (AI) stocks right now. | Many AI stocks haven't done well so far in 2026. | [Link](https://longbridge.com/en/news/276505431.md) |
| 09:55 ETAI Under Control: Link11 Launches AI Management Dashboard for Clean Traffic | Link11 has launched its "AI Management Dashboard" to help companies manage AI traffic effectively. This new tool provide | [Link](https://longbridge.com/en/news/276348026.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.