港股异动 | 地平线机器人-W(09660)涨近5% 上半年收入胜于市场预期 高盛对HSD系统起量产持积极看法

智通财经
Sep 02, 2025

智通财经APP获悉,地平线机器人-W(09660)涨近5%,截至发稿,涨4.98%,报9.91港元,成交额7.23亿港元。

消息面上,近日,地平线机器人-W发布2025年上半年业绩公告。公告显示,公司上半年收入15.67亿元,同比增长67.6%;毛利润达10.24亿元,综合毛利率65.4%;现金储备161亿。2025年上半年地平线总体业绩延续去年狂飙增长势头,核心财务指标迈上新高度。

高盛指出,地平线机器人-W上半年收入同比增长68%,好过预期,主要因Journey 6出货量攀升。该行对地平线超级驾驶(HSD)系统于下半年起量产持积极看法。另外,地平线机器人上半年NOA功能产品出货量达98万件,占总出货量50%,推动平均售价提升。该行预期产品组合将持续向更高端的软硬件整合解决方案升级

美银证券表示,在参加了地平线机器人-W(09660)财报后投资者会议后,因公司近期在国内外市场的车型设计导入进展顺利,该行对其未来增长前景更加乐观。该行认为,公司今年有望从至少4-5家汽车制造商获得高端HSD解决方案的设计订单,预计将推动其J6P芯片出货量从2025年预计的4万件,增至2026年的43万。

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