UOB sets HKD 27.60 target for Xiaomi stock

Published on 10/21/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached CNY 108.9 billion on August 18, 2026. Xiaomi stock costs EUR 3.03 on October 21, 2026 in pre-market trading.

Target and operating figures

UOB Kay Hian set a HKD 27.60 target on October 12, 2026.
Xiaomi reported CNY 108.9 billion revenue for the second quarter of 2026.
Xiaomi stock traded at EUR 3.03 at 10:39 a.m. CEST at Lang & Schwarz on October 21, 2026.

Xiaomi Corp., KYG9830T1067, Illustration mit AI erstellt.

Xiaomi Corporation (ISIN KYG9830T1067) faces a mixed investor picture after UOB Kay Hian set a HKD 27.60 target for the stock on October 12, 2026. The research note retained a Hold rating while citing 70,000 locked orders for Xiaomi's SkyNomad vehicles and ongoing concerns about the smartphone business.

Orders meet smartphone concerns

UOB Kay Hian said the 70,000 SkyNomad orders were at the weaker end of expectations, although the mix could improve through higher-end models. The research house also said electric-vehicle deliveries were on track for 430,000 units and retained its Hold rating because smartphone demand remained a concern, according to UOB Kay Hian.

The order signal followed Xiaomi's announcement that the SkyNomad range had received 70,000 locked orders during its first month. A separate report said Xiaomi delivered more than 40,000 vehicles in September 2026, including more than 10,000 SkyNomad units, according to YatirimX.

What does the target imply?

The target leaves the operating debate unresolved because the car business is expanding while the core smartphone market remains under pressure. Xiaomi's second-quarter 2026 revenue was CNY 108.9 billion, and adjusted net profit was CNY 6.2 billion, according to the Yahoo Finance transcript. Gross margin was 19.8 percent in the same quarter.

Three dated operating markers

On August 18, 2026, Xiaomi reported CNY 108.9 billion in second-quarter revenue and CNY 6.2 billion in adjusted net profit. On October 9, 2026, reports highlighted 70,000 SkyNomad orders and more than 40,000 September vehicle deliveries. On October 12, 2026, UOB Kay Hian set its HKD 27.60 target and maintained Hold.

Next reporting date

Xiaomi's next quarterly results were cited for November 24, 2026, according to IT Boltwise.

Stock price and trading phase

The euro quotation gives German investors a live reference while the operating story develops. Xiaomi stock was trading at EUR 3.03 at Lang & Schwarz on October 21, 2026 at 10:39 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Xiaomi stock.