In a newly released research report, Morgan Stanley (MS) announced that despite the fluctuations in Xiaomi Group's share price, the company's outlook for its smartphone, AIoT (Artificial Intelligence of Things), internet, and electric vehicle segments remains optimistic. MS projects that Xiaomi's share prices could potentially surpass HK$100 by 2030. Consequently, MS has elevated Xiaomi's target price to HK$62 while maintaining its 'Overweight' rating. The report further anticipates that by 2030, Xiaomi's total revenue and net profit will each exceed RMB 100 billion, with a market valuation reaching up to RMB 2.5 trillion. As sales and gross margins of electric vehicles improve, Xiaomi's brand value is expected to rise, and its share of the premium market will also expand. Additionally, MS has revised upwards its forecasts for Xiaomi's automotive business in terms of sales, average selling price, and gross margin for the years 2025-2026, reflecting a positive outlook for continued growth in revenue and profit from its traditional business lines.