Xiaomi buys back 1.9 million shares as Xiaomi stock trades at EUR 3.00

Published on 10/19/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB Kay Hian lifted its target from HKD 26.20 to HKD 27.60 on October 12, 2026. Xiaomi stock costs EUR 3.00 on October 19, 2026.

Buyback and earnings context

Xiaomi bought back 1.9 million shares for HKD 50.77 million on October 17, 2026.
Second-quarter 2026 revenue reached RMB 108.9 billion, while adjusted net profit was RMB 6.2 billion.
Xiaomi stock trades at EUR 3.00 at 10:03 a.m. CEST at Lang & Schwarz on October 19, 2026.

Xiaomi Corp., KYG9830T1067, Illustration mit AI erstellt.

Xiaomi Corporation (ISIN KYG9830T1067) bought back 1.9 million shares for about HKD 50.77 million on October 17, 2026, while Xiaomi stock was at EUR 3.00 at Lang & Schwarz on October 19, 2026. The repurchase followed a cautious analyst view that raised its target but kept a Hold rating.

Buyback adds a concrete signal

According to Boerse Express, Xiaomi completed the purchase of 1.9 million shares for about HKD 50.77 million on October 17, 2026. The transaction was a completed capital measure rather than an announced intention, giving the stock a company-specific event as investors assess demand across smartphones and electric vehicles.

On October 12, 2026, UOB Kay Hian kept its Hold rating and raised the Xiaomi target from HKD 26.20 to HKD 27.60. The house cited more than 70,000 locked orders for the SkyNomad vehicle line but maintained concerns about the smartphone business.

What does the target change mean?

The answer sits in Xiaomi's operating mix. The company reported RMB 108.9 billion of revenue and RMB 6.2 billion of adjusted net profit for the second quarter of 2026, according to the Yahoo Finance earnings transcript. Smart electric vehicle revenue reached RMB 24.9 billion, up 17.1 percent year over year, while the segment recorded an operating loss of RMB 2.6 billion in the quarter.

Three dated Xiaomi events

On August 18, 2026, Xiaomi published its second-quarter results. On October 12, 2026, UOB Kay Hian lifted its target to HKD 27.60 while retaining Hold. On October 17, 2026, Xiaomi bought back 1.9 million shares for HKD 50.77 million.

The next results date

Xiaomi's investor-relations page lists its second-quarter results announcement on August 18, 2026, and its first-quarter results announcement on May 26, 2026. The next reporting date cited for the company is November 24, 2026, for third-quarter results, according to Boerse Express.

Stock holds near EUR 3.00

The combination of a completed repurchase, stronger vehicle demand and continuing smartphone concerns leaves the investment case split between newer growth businesses and the established handset franchise.

Xiaomi stock was trading at EUR 3.00 at Lang & Schwarz on October 19, 2026, at 10:03 a.m. CEST.

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