CICC: Maintains Xiaomi Corporation-W (01810.HK) Outperform Rating, Target Price of 70.0 Hong Kong Dollars.

Zhixun Financial APP learned that Citic Securities issued a research report stating that it maintains its unchanged profit forecast for Xiaomi Group-W (01810.HK). The current stock price corresponds to a price-earnings ratio of 27.1 times/22.8 times for adjusted net profit in 2025/2026. It maintains an outperform industry rating and a target price of 70.0 Hong Kong dollars, corresponding to a price-earnings ratio of 35.0 times/29.4 times for adjusted net profit in 2025/2026, with an upside potential of 29.0% over the current stock price.