Xiaomi stock: UOB Kay Hian raises Xiaomi stock target to HKD 27.60

Published on 10/21/2026 at 15:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Xiaomi delivered 104,199 EVs in Q2 2026. Xiaomi stock costs EUR 3.04 on October 21, 2026, down 0.65 percent versus the Xetra close.

Analyst target and results

UOB Kay Hian maintained HOLD on October 12, 2026, with 6.20 percent upside.
Xiaomi reported CNY 108.46 billion revenue and CNY 9.42 billion net income in the second quarter of 2026.
Xiaomi stock costs EUR 3.04 at Lang & Schwarz on October 21, 2026 at 3:06 p.m. CEST, 0.65 percent below the Xetra close of October 20, 2026, and 42.21 percent below the 52-week high of EUR 5.26.

Xiaomi Corp., KYG9830T1067, Illustration mit AI erstellt.

UOB Kay Hian raised its Xiaomi target from HKD 26.20 to HKD 27.60 while maintaining a HOLD rating in its October 12, 2026 report. The firm cited more than 70,000 locked orders for Xiaomi's SkyNomad vehicles, while warning that smartphone component costs could pressure the business. Xiaomi stock was trading at EUR 3.04 at Lang & Schwarz on October 21, 2026 at 3:06 p.m. CEST, 0.65 percent below the Xetra close of October 20, 2026 at EUR 3.06.

Revenue held above CNY 108 billion

In the second quarter of 2026, Xiaomi reported CNY 108.46 billion in revenue and CNY 9.42 billion in net income, according to the Yahoo Finance transcript. The transcript also records adjusted net profit of RMB 6.2 billion and group gross margin of 19.8 percent for the quarter.

Xiaomi delivered 104,199 smart electric vehicles in the second quarter, while smart EV, AI and other new initiatives generated RMB 24.9 billion of revenue, up 17.1 percent year over year. The segment reported an operating loss of RMB 2.6 billion, showing that the newer businesses are expanding before reaching profitability.

Stock sits below its yearly high

The euro quote of EUR 3.04 is 42.21 percent below the 52-week high of EUR 5.26 and 28.81 percent above the 52-week low of EUR 2.36, based on the same October 21, 2026 market snapshot. Market capitalization stood at EUR 78.1 billion, with a price-to-earnings ratio of 18.53. Trading volume was 7,898 shares when the quote was captured.

What does the target imply?

UOB Kay Hian's HKD 27.60 target was 6.32 percent above the HKD 25.96 price cited in its October 12 report, compared with the previous HKD 26.20 target. The report maintained HOLD and pointed to sustained smartphone pressure in 2027 and 2028 as the main counterweight to the electric-vehicle opportunity.

Xiaomi's investor-relations calendar lists the second-quarter 2026 results announcement on August 18, 2026. The company describes its business as consumer electronics and smart manufacturing built around smartphones, smart hardware and an Internet of Things platform.

Price position and investor context

The combination of a 42.21 percent distance from the 52-week high and a 6.32 percent analyst target distance places the market valuation below UOB Kay Hian's reported target while the company expands its electric-vehicle business. The second-quarter figures show the contrast clearly: smart EV, AI and other new initiatives grew revenue 17.1 percent year over year, but the segment still posted a RMB 2.6 billion operating loss.

Xiaomi was trading at EUR 3.04 at Lang & Schwarz on October 21, 2026 at 3:06 p.m. CEST, 0.65 percent below the Xetra close of October 20, 2026 at EUR 3.06. The further course of trading is shown by the continuously updated real-time quote of Xiaomi stock.