人工智能大模型公司MINIMAX-W今日盘中股价大幅拉升，涨幅一度达到9.27%，表现强劲。
消息面上，招银国际发布研究报告，维持MINIMAX“买入”评级及570港元的目标价。报告披露，公司近期与投资者沟通时透露了多项积极进展：其M3模型系列预计将在2026年下半年迎来多次升级，以提升代码和智能体能力；备受关注的海螺3视频模型已基本完成训练，预计未来数周内正式上线。此外，公司商业化推进节奏符合预期，5月底年度经常性收入（ARR）已达4亿美元，并计划在2026财年末实现10亿美元ARR的目标。招银国际认为，公司当前估值具备吸引力。
这些关于技术迭代、产品上线及收入增长前景的积极信息，显著提振了市场信心，成为推动股价在盘中走强的主要动力。
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