Stock Track | DEEPEXI TECH Soars 7.36% Intraday on Strong Annual Results and Analyst Initiation

Stock Track

04/15

DEEPEXI TECH's stock surged 7.36% during intraday trading on Wednesday, extending a multi-session rally driven by positive financial performance and analyst optimism.

The company recently disclosed annual results showing full-year revenue surging 70.8% year-over-year and adjusted net loss narrowing significantly by 71.4%. This was reinforced by Guotai Haitong Securities initiating coverage with an "Outperform" rating and a target price of HK$61.1, citing the cost-effectiveness of open-source foundational models and rising demand for intelligent solutions across industry verticals.

Investor enthusiasm is further fueled by broader momentum in the AI application sector in the Hong Kong market, contributing to the stock's sustained upward trajectory.

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