JPMorgan: Xiaomi's EV Share Price Poised for 15-20% Upsurge Amid Significant Delivery Growth
2 week ago / Read about 0 minute
Author:小编   

JPMorgan highlights that Xiaomi's EV share price has recently retreated amid profit reduction concerns. However, should its delivery volume experience notable growth, the bank anticipates a 15% to 20% increase in the share price over the next 3 to 4 months. Analysts, including Gokul Hariharan, have placed Xiaomi's stock on the 'Positive Catalyst Watch List,' forecasting a potential monthly EV delivery volume of 40,000 units by the fourth quarter. Currently, Xiaomi's EV delivery volume has stabilized around 30,000 units for several months, and any growth in this area would bolster its business valuation.