MINIMAX-WP's stock price soared 5.30% during intraday trading on Monday, reflecting significant investor interest in the AI-focused company.
The surge follows CMB International initiating coverage on MINIMAX-WP with a Buy rating and a target price of HKD 570. The firm cited the company's three key competitive advantages: a multi-modal large model first-mover edge, high cost-performance model capabilities, and global commercialization potential. Concurrently, the broader AI sector experienced a strong recovery, lifting sentiment across the industry.
CMB International forecasts a total revenue compound annual growth rate of 181% for the company from 2025 to 2028. MINIMAX-WP reported total revenue of USD 79 million for 2025, representing a 159% year-over-year increase.