Movement Alert|SENSETIME-W Rises 3.03% in Regular Trading, Second Consecutive Rebound Day After Profit Warning Pullback Supported by Goldman Sachs Target Price Upgrade

Market Focus
Aug 21

On August 21, SENSETIME-W rose 3.03% in regular trading, trading at HK$1.53/share, with turnover of HK$317 million. The stock marked its second consecutive day of rebound after a cumulative pullback of approximately 6% that followed a nearly 9% surge driven by the company's first-ever positive profit alert since listing.

On the news front, Goldman Sachs published a research note on August 18 raising its target price from HK$2.00 to HK$2.05, while lifting earnings forecasts for 2028 through 2032 by 13%, 5%, 2%, 2%, and 1% respectively. The bank noted that SENSETIME-W, as a comprehensive AI solutions provider, will continue expanding generative AI product coverage, with its AI models progressing toward a stage of Delegated Intelligence conducive to large-scale commercialization. The company previously disclosed expected H1 net profit of RMB 500 million to 700 million, a turnaround from a loss of approximately RMB 1.49 billion in the year-ago period.

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