Goldman Sachs: SenseTime (00020.HK) expands computing platform, bullish on the company's ability to provide multimodal and long-horizon AI Agent capabilities, gives target price of HK$2.03

Zhito Finance App has learned that Goldman Sachs released a research report stating that based on a two-stage DCF valuation of SenseTime (00020.HK), it derives a 12-month target price of HK$2.03, with a WACC of 11.5% and a perpetual growth rate of 2%. The bank recently met with company executives in Hong Kong, with discussions focused on computing platform expansion, AI strategy, and AI customer demand and customer base expansion. Goldman Sachs is bullish on the company's ability to provide multimodal and long-horizon AI Agents, which can deliver higher-quality output to end users at lower token consumption in office and content creation scenarios, thereby driving customer adoption and AI spending.