Montage Technology Secures Alibaba Support for $900M Hong Kong Listing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Listing Fundraising Plan: Montage Technology is preparing for a listing on the Hong Kong Stock Exchange, aiming to raise approximately $900 million, which will further enhance its market position in data centers and AI accelerators.
- Strong Financial Performance: In 2024, Montage's revenue reached $521.27 million with a net profit of $196 million and a gross margin of 58%, with net profit expected to rise to $329.6 million in 2025, indicating robust growth potential.
- Recognition for Innovation: Montage was named to Forbes China's '2025 Top Most Innovative Companies' list, highlighting its leadership in DDR4 and DDR5 technology, which further solidifies its industry influence.
- Investor Support: The listing is backed by notable investors including Alibaba and JPMorgan, reflecting strong market confidence in its future development while providing robust financial support for the company.
Analyst Views on BABA
Wall Street analysts forecast BABA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BABA is 198.21 USD with a low forecast of 152.00 USD and a high forecast of 240.00 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.
21 Analyst Rating
19 Buy
2 Hold
0 Sell
Strong Buy
Current: 167.010
Low
152.00
Averages
198.21
High
240.00
Current: 167.010
Low
152.00
Averages
198.21
High
240.00
About BABA
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through nine segments. The China Commerce Retail segment is engaged in the China commerce retail business. The China Commerce Wholesale segment is mainly engaged in the operation of 1688.com. The Cloud Intelligence segment provides cloud services. The International Commerce Retail segment provides customer management services, sales of goods and logistics services. The International Commerce Wholesale segment is mainly engaged in the operation of Alibaba.com. The Cainiao Represents Logistics Services segment provides fulfilment services. The Local Services segment’s revenue includes platform commissions, logistics services revenue. The Digital Media and Entertainment segment engages in the operation of Youku and Alibaba. The All Others segment is mainly engaged in the Sun Art, Freshippo and other business.
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.
