Xiaomi's Ecosystem Conference: Xiaomi held its Human x Car x Home Ecosystem Partner Conference, where significant updates on smartphone shipments were shared.
Smartphone Shipment Growth: Xiaomi's high-end smartphone shipments exceeded 13 million units last year, with expectations to surpass 15 million units this year.
Market Position: According to third-party data, Xiaomi ranked among the top three smartphone brands globally in Q3 and secured the second position in the Chinese market from January to October.
Future AI Developments: M Stanley anticipates that Xiaomi will make significant advancements in AI with the upcoming release of the new model MiMo-V2-Flash.
01810
$40.76+Infinity%1D
Analyst Views on 01810
Wall Street analysts forecast 01810 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01810 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 01810 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01810 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 40.900
Low
Averages
High
Current: 40.900
Low
Averages
High
BOCI
BOCI
Buy
downgrade
2025-12-16
New
Reason
BOCI
BOCI
Price Target
2025-12-16
New
downgrade
Buy
Reason
The analyst rating from BOCI is a "Buy" for XIAOMI-W (01810.HK), despite challenges in the smartphone industry and uncertainties in EV production. The rationale behind this rating is based on the potential for Xiaomi's new products (including EVs, smartphones, and IoT products) to replicate past successes in the mass market. Although the broker has adjusted its forecasts to account for BOM cost pressures, uncertainty in EV production capacity, and purchase tax subsidy costs, they still believe that the stock can regain its value if these new products perform well. The target price has been lowered from HK$69.04 to HK$56.21, reflecting these adjustments.
Goldman Sachs
Goldman Sachs
maintain
$53.5
2025-12-05
Reason
Goldman Sachs
Goldman Sachs
Price Target
$53.5
2025-12-05
maintain
Reason
Goldman Sachs rated XIAOMI-W at Buy with a target price of $53.5 due to the expectation of more AI achievements to be announced in the coming quarters. This is linked to XIAOMI-W's ecosystem and its position as the globally largest AIoT connected devices provider, which is expected to drive differentiated development and support its 'Human x Car x Home' ecosystem upgrade strategy.
Citi
NULL
to
Buy
maintain
$50
2025-12-01
Reason
Citi
Price Target
$50
2025-12-01
maintain
NULL
to
Buy
Reason
Citi gave XIAOMI-W a Buy rating based on the company's strong delivery performance, with over 40,000 electric vehicles delivered in November and an estimated cumulative total of over 355,000 units for the year, which is 89% of its annual target of 400,000 vehicles. The current delivery rate of over 10,000 vehicles per week suggests that XIAOMI-W is on track to meet its target, supporting the positive outlook reflected in the target price of HKD50.
Morgan Stanley
Morgan Stanley
maintain
$62
2025-12-01
Reason
Morgan Stanley
Morgan Stanley
Price Target
$62
2025-12-01
maintain
Reason
The analyst rating for XIAOMI-W (01810.HK) from Morgan Stanley is based on historical data showing that the company has successfully expanded its smartphone gross margins during previous periods of rising DRAM prices (2016-17, 2019-21, and 2022-23). This success is attributed to XIAOMI's effective cost transfer mechanism and its ability to implement product price hikes in response to significant cost increases. The report suggests that if memory costs enter a prolonged super cycle, smartphone gross margins may face downward pressure, but there is potential for recovery in corporate profit margins if the cycle reverses. Consequently, Morgan Stanley has given XIAOMI-W an Overweight rating with a target price of HKD62.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
