On September 30, MOBVISTA rose 5.41% in regular trading, trading at HK$13.30/share, with turnover of HK$57.12 million. The rally was primarily driven by SWS Research initiating coverage on the company with a Buy rating and a target market capitalization of US$4.4 billion.

SWS Research projected MOBVISTA to achieve revenue of US$25.32 billion, US$35.30 billion, and US$46.25 billion for the fiscal years ending December 2028, with adjusted net profit estimates of US$1.16 billion, US$1.70 billion, and US$2.79 billion respectively. The broker assigned a 26x PE multiple based on its fiscal 2027 earnings forecast, referencing comparable company valuations. The report highlighted that core platform Mintegral generated US$11.2 billion in H1 revenue, up 24.3% year-over-year, accounting for 96.5% of total revenue, with AI-powered smart bidding products contributing over 90% of Mintegral income.

Additionally, the company has conducted 17 share buybacks year-to-date, accumulating over HK$87 million in repurchases, signaling management confidence. A new-generation AI infrastructure is expected to go live in October, which multiple brokerages anticipate will further enhance model training efficiency and unlock mid-to-heavy gaming advertising budgets.

(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.)