Horizon Robotics-W rose more than 4% before noon, JPMorgan Chase gave a target price of HK $13

新浪港股11-28

Horizon Robot-W(09660) rose more than 4% before noon. As of press time, the stock price rose 3.70% and is now quoted at HK $7.84, with a turnover of HK $460 million.

Previously,JPMorgan ChaseA research report was released saying that it started covering Horizon Robot-W (09660), with a rating of "overweight" and a target price of HK $13. As a leading provider of intelligent driving solutions, Horizon will provide ADAS solutions for Chinese car companies in the first half of 2025Market shareUp to 46%.

WithChina IntelligentDriving penetration is accelerating, and leading technology suppliers are expected to benefit significantly.

JPMorgan believes that Horizon Robot's competitive product performance and pricing strategy will help the company continue to expand market share and drive growth. In addition, the robotics product line can bring incremental revenue and support long-term growth.

The bank predicts that the company's revenue will grow at a compound annual growth rate of 56% from 2024 to 2027, and it will achieve an annual growth rate of 73% in 2028. This trend should push the stock price up further.

Editor in charge: Lu Yujun

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