JPMorgan Initiates Coverage on HORIZONROBOT-W (09660) with "Overweight" Rating and HK$13 Target Price

Stock News

Nov 12

JPMorgan has initiated coverage on HORIZONROBOT-W (09660), assigning an "Overweight" rating with a target price of HK$13. As a leading provider of intelligent driving solutions, HORIZONROBOT-W captured a 46% market share in China's ADAS solutions for automakers in the first half of 2025.

With the rapid acceleration of intelligent driving adoption in China, top-tier technology suppliers like HORIZONROBOT-W are expected to benefit significantly. JPMorgan highlights the company's competitive product performance and pricing strategy as key drivers for sustained market share expansion and growth. Additionally, its robotics product line is anticipated to generate incremental revenue and support long-term growth.

The bank forecasts a 56% compound annual growth rate (CAGR) for HORIZONROBOT-W's revenue from 2024 to 2027, with an expected 73% year-on-year growth in 2028. This upward trajectory is likely to further boost the stock's performance.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1172195738"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1172195738\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1172195738?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-12 10:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172195738","market":"us","top_or_hot":-1,"title":"JPMorgan Initiates Coverage on HORIZONROBOT-W (09660) with \"Overweight\" Rating and HK$13 Target Price","media":"Stock News","content":"<p>JPMorgan has initiated coverage on HORIZONROBOT-W (09660), assigning an \"Overweight\" rating with a target price of HK$13. As a leading provider of intelligent driving solutions, HORIZONROBOT-W captured a 46% market share in China's ADAS solutions for automakers in the first half of 2025.</p>\n<p>With the rapid acceleration of intelligent driving adoption in China, top-tier technology suppliers like HORIZONROBOT-W are expected to benefit significantly. JPMorgan highlights the company's competitive product performance and pricing strategy as key drivers for sustained market share expansion and growth. Additionally, its robotics product line is anticipated to generate incremental revenue and support long-term growth.</p>\n<p>The bank forecasts a 56% compound annual growth rate (CAGR) for HORIZONROBOT-W's revenue from 2024 to 2027, with an expected 73% year-on-year growth in 2028. This upward trajectory is likely to further boost the stock's performance.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Initiates Coverage on HORIZONROBOT-W (09660) with \"Overweight\" Rating and HK$13 Target Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Initiates Coverage on HORIZONROBOT-W (09660) with \"Overweight\" Rating and HK$13 Target Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-12 10:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>JPMorgan has initiated coverage on HORIZONROBOT-W (09660), assigning an \"Overweight\" rating with a target price of HK$13. As a leading provider of intelligent driving solutions, HORIZONROBOT-W captured a 46% market share in China's ADAS solutions for automakers in the first half of 2025.</p>\n<p>With the rapid acceleration of intelligent driving adoption in China, top-tier technology suppliers like HORIZONROBOT-W are expected to benefit significantly. JPMorgan highlights the company's competitive product performance and pricing strategy as key drivers for sustained market share expansion and growth. Additionally, its robotics product line is anticipated to generate incremental revenue and support long-term growth.</p>\n<p>The bank forecasts a 56% compound annual growth rate (CAGR) for HORIZONROBOT-W's revenue from 2024 to 2027, with an expected 73% year-on-year growth in 2028. This upward trajectory is likely to further boost the stock's performance.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09660","symbol_name":"地平线机器人-W","start_time":0,"source_url":"","article_id":"1172195738","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172195738","pubTimestamp":1762916294,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"JPMorgan has initiated coverage on HORIZONROBOT-W (09660), assigning an \"Overweight\" rating with a target price of HK$13. As a leading provider of intelligent driving solutions, HORIZONROBOT-W...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09660":"地平线机器人-W","BK1109":"应用软件"},"translate_title":"小摩首次覆盖地平线机器人-W(09660)予“跑赢大盘”评级目标价13港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09660":1},"content_text":"JPMorgan has initiated coverage on HORIZONROBOT-W (09660), assigning an \"Overweight\" rating with a target price of HK$13. As a leading provider of intelligent driving solutions, HORIZONROBOT-W captured a 46% market share in China's ADAS solutions for automakers in the first half of 2025.\nWith the rapid acceleration of intelligent driving adoption in China, top-tier technology suppliers like HORIZONROBOT-W are expected to benefit significantly. JPMorgan highlights the company's competitive product performance and pricing strategy as key drivers for sustained market share expansion and growth. Additionally, its robotics product line is anticipated to generate incremental revenue and support long-term growth.\nThe bank forecasts a 56% compound annual growth rate (CAGR) for HORIZONROBOT-W's revenue from 2024 to 2027, with an expected 73% year-on-year growth in 2028. This upward trajectory is likely to further boost the stock's performance.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}