Xiaomi tops 40,000 EV deliveries. Xiaomi stock sits 54.21 percent below its high

Published on 10/07/2026 at 09:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Xiaomi stock costs EUR 2.72 on October 7, 2026 after EUR 2.74, minus 0.73 percent. September EV deliveries exceeded 40,000, while Q2 adjusted net profit was RMB 6.2 billion.

Xiaomi Corp., KYG9830T1067, Illustration mit AI erstellt.

Xiaomi Corporation (ISIN KYG9830T1067) was trading at EUR 2.72 at Lang & Schwarz on October 7, 2026 at 9:37 a.m. CEST, down 0.73 percent versus the prior close of EUR 2.74. The company reported more than 40,000 electric vehicle deliveries in September, while adjusted net profit reached RMB 6.2 billion in the second quarter of 2026, according to Investing.com and Yahoo Finance.

EV deliveries clear 40,000

September deliveries lifted Xiaomi Auto's total shipments for the first nine months of 2026 above 286,000 vehicles. The SkyNomad series contributed more than 10,000 deliveries in its first month after launching on September 7, and total SkyNomad orders exceeded 70,000, Investing.com reported on October 1, 2026.

The comparison matters because the January to September shipment total represented 64 percent of Citi's full-year 2026 delivery estimate of 450,000 vehicles, according to the same Investing.com report. Citi also said third-quarter 2026 results could be the weakest quarter of the year, creating a clear counterweight to the delivery momentum.

Revenue grows as costs rise

Xiaomi generated RMB 108.9 billion of revenue in the second quarter of 2026, with adjusted net profit at RMB 6.2 billion and gross margin at 19.8 percent, according to the Q2 2026 earnings call transcript published by Yahoo Finance. Smart EV, AI and other new initiatives produced RMB 24.9 billion of revenue, up 17.1 percent year over year, but the segment posted a 19.2 percent gross margin.

Memory costs remain the immediate operating pressure. Xiaomi's smartphone gross margin was 8.5 percent in the second quarter, while the company's pricing and product-mix actions helped preserve profitability despite higher component costs.

Stock remains below its yearly high

Xiaomi's primary listing is HKEX under ticker 1810, and the company is classified in Technology and Consumer Electronics. The finance quote for October 7, 2026 showed a market capitalization of HKD 619.6 billion and a primary-exchange 52-week range of HKD 21.30 to HKD 54.70. A master-data overview identifies the same HKEX listing and ISIN KYG9830T1067 for Xiaomi Corporation.

In euro terms, the Lang & Schwarz price of EUR 2.72 stood 54.21 percent below the EUR 5.94 52-week high cited by Börse Express on October 4, 2026. The combination of stronger EV volume, second-quarter earnings growth and pressure from memory costs leaves Xiaomi's operating transition visible in both the numbers and the valuation.

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