---
title: "Jefferies lowers Xiaomi's target price, stating that the company's EBITDA is below expectations"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/266465673.md"
description: "Jefferies lowered the target price for Xiaomi to HKD 49.21, due to third-quarter EBITDA falling short of expectations, 19% and 35% lower than market expectations. Increased operating expenses led to a downward revision of profit margin forecasts to 10% and 9%"
datetime: "2025-11-19T02:12:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/266465673.md)
  - [en](https://longbridge.com/en/news/266465673.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/266465673.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/266465673.md) | [繁體中文](https://longbridge.com/zh-HK/news/266465673.md)


# Jefferies lowers Xiaomi's target price, stating that the company's EBITDA is below expectations

Jefferies stated that Xiaomi's third-quarter earnings before interest and taxes (EBIT) fell short of expectations due to increased operating expenses. Jefferies noted that Xiaomi's EBIT was 19% and 35% lower than the firm's and market consensus expectations, respectively, and has lowered the company's fourth-quarter and next year's profit margin forecasts to 10% and 9%, respectively, reducing the target price from HKD 56.18 to HKD 49.21

### 相关股票

- [Xiaomi Corporation (XIACY.US)](https://longbridge.com/zh-CN/quote/XIACY.US.md)
- [XIAOMI-W (01810.HK)](https://longbridge.com/zh-CN/quote/01810.HK.md)

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