On July 20, Horizon Robotics-W rose 3.7% in regular trading, trading at HKD 4.49 per share, with turnover of approximately HKD 70.18 million.

On the news front, CMBI recently maintained its Buy rating on the company with a target price of HKD 7.8, projecting first-half unit sales growth of 16% year-over-year to 2.29 million units and total revenue growth of 44% to RMB 2.26 billion. The broker noted that the average selling price of product solutions is expected to rise 24% year-over-year to RMB 488, driven by product mix optimization. Additionally, the company's cabin-driving integrated chip is expected to begin SOP in Q3, which should help expand the customer base and boost HSD sales.

Market expectations for the company's HSD 2.0 solution entering mass production in the second half continue to strengthen. The first mass-production vehicle model is expected to be delivered in H2, with potential expansion to additional models and OEMs thereafter. Separately, Guotai Junan International initiated coverage with an Outperform rating and a target price of HKD 5.18, forecasting revenue of RMB 6.2 billion, RMB 8.8 billion, and RMB 12.7 billion for 2026-2028.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)