CIRRUS (02507) saw its shares increase by more than 4% during morning trading. At the time of writing, the stock was up 3.69%, trading at HK$58.95, with a turnover of HK$36.3853 million.
According to the latest quarterly review results from Hang Seng Indexes Company, CIRRUS will be included in the Hang Seng Composite Index, effective from March 9, 2026. This inclusion positions the company for a potential return to the Hong Kong Stock Connect program. Data shows that in 2025, CIRRUS delivered 797 aircraft, a 9% year-on-year increase, capturing a market share of 24.7%. This represents a 1.6 percentage point increase from 2024, maintaining its position as the global leader.
Recently, GTHT Securities issued a research report initiating coverage on CIRRUS (02507) with an "Add" rating. The report forecasts the company's earnings per share (EPS) for 2025-2027 to be $0.43, $0.51, and $0.59 per share, respectively. Based on a comparative company valuation, GTHT Securities assigned the company a price-to-earnings (P/E) ratio of 20 times (2026E), resulting in a target price of HK$79.76 per share. As a global leader in private aviation, CIRRUS is driving growth through its dual-engine strategy involving SR piston aircraft and Vision Jet models. Benefiting from a strong order book, increased production capacity, and continuous product innovation, the company is poised for growth in both sales volume and pricing in the future.