Xiaomi’s Stock Price Plummets to 15.56 HKD, Marking a 4.42% Drop: Is it Time to Buy or Sell?

Xiaomi (1810)

15.56 HKD -0.72 (-4.42%) Volume: 225.18M

Xiaomi’s stock price stands at 15.56 HKD, experiencing a downturn of -4.42% this trading session with a hefty trading volume of 225.18M, reflecting a slight decrease YTD at -0.26%, indicating a volatile yet intriguing opportunity for tech investors.

Latest developments on Xiaomi

Chinese smartphone giant Xiaomi Corp has seen a surge in its stock price following the launch of its first electric vehicle (EV), the SU7. The company has received more than 100,000 orders for the EV, resulting in a significant increase in its market value, propelling it past General Motors and Ford. Investors in Hong Kong are showing strong interest in Xiaomi’s venture into the EV market, with the company’s shares rising by nearly 15% after the launch. However, due to this robust demand, potential customers are facing long delivery wait times, which Xiaomi warns could last more than half a year.

Xiaomi on Smartkarma

Analysts on Smartkarma are providing extensive coverage of Xiaomi Corp, one of the leading technology companies in China. According to Ming Lu‘s report, Xiaomi has released healthy financial results despite the shrinking market, while Alibaba’s Freshippo founder has retired from his role. Trung Nguyen’s report also highlights Xiaomi’s strong performance, with much-improved profitability and a healthy balance sheet. However, Travis Lundy’s analysis paints a more cautious picture, with a bearish sentiment towards Xiaomi due to recent selling trends in ETFs and single stocks, especially in the tech sector. Finally, Brian Freitas’ report focuses on index rebalances and ETF flows, with a recap of large flows into and out of Asia-focused ETFs, including the iShares Emerging Markets. Overall, the analyst coverage on Smartkarma provides a comprehensive and diverse perspective on Xiaomi Corp, highlighting both its strengths and potential challenges in the ever-changing market.

A look at Xiaomi Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Xiaomi Corp, a leading manufacturer of communication equipment and parts, has received high scores in key areas according to the Smartkarma Smart Scores. The company has been awarded a score of 4 for Value, indicating a strong financial outlook and potential for growth. However, Xiaomi’s Dividend score of 1 suggests that the company may not be a strong candidate for investors seeking regular dividends.

In terms of growth potential, Xiaomi has been given a score of 3, indicating a positive outlook for the company’s future performance. This is supported by the company’s Resilience score of 5, highlighting its ability to withstand market fluctuations and maintain stability. Additionally, Xiaomi’s high Momentum score of 5 suggests that the company is on a positive trajectory and may continue to see success in the long-term.

In summary, Xiaomi Corporation has a strong overall outlook according to the Smartkarma Smart Scores. With high scores in key areas such as Value, Growth, Resilience, and Momentum, the company is well-positioned for long-term success in the global market for communication equipment and parts.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma