Goldman Sachs expects HORIZONROBOT-W (09660) to have more car models in mass production by 2026, maintaining a target price of HK$15.3.
Horizon Robotics' HSD (Horizon SuperDrive) solution, under Horizon Robot-W (09660), has been adopted by a number of new models from Chery (09973), including the Star Journey ET5, Wind and Cloud T9, and iCAR V27.
Goldman Sachs released a research report stating that HORIZONROBOT-W (09660) Horizon SuperDrive (HSD) solution has been adopted by several new models from Chery (09973), including the Star Tour ET5, Fengyun T9, and iCAR V27. Goldman Sachs predicts that by 2026, Horizon Siasun Robot & Automation will have more models in mass production, as well as securing more new projects, which will drive up its shipment volume and increase its overall average selling price through product portfolio upgrades. The target price of 15.3 Hong Kong dollars and a "buy" rating are maintained.
Related Articles
US Stock Market Move | Stock prices continued to fall, with Broadcom Inc. (AVGO.US) dropping over 4%, and its high growth performance being questioned.
US Stock Market Move | Planned $7 billion acquisition of cybersecurity company Armis ServiceNow (NOW.US) leads to a drop of over 10%
US Stock Market Move | Hot Chinese concept stocks collectively fell, Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell more than 3%.
US Stock Market Move | Stock prices continued to fall, with Broadcom Inc. (AVGO.US) dropping over 4%, and its high growth performance being questioned.
US Stock Market Move | Planned $7 billion acquisition of cybersecurity company Armis ServiceNow (NOW.US) leads to a drop of over 10%
US Stock Market Move | Hot Chinese concept stocks collectively fell, Alibaba Group Holding Limited Sponsored ADR (BABA.US) fell more than 3%.
RECOMMEND
Valued At $10 Trillion, The Largest IPO In History Is Coming As SpaceX Announces Listing Plan
12/12/2025
Five Imperatives And Eight Tasks: Central Meeting Specifies Next Year’s Economic Work, Highlights Identified
12/12/2025
Over 100 New Listings In Hong Kong This Year As Total Fundraising Tops HKD 270 Billion, Eighteen “A+H” Dual Listings
12/12/2025
