Group 1 - The core viewpoint of the news is that Xiaoma Zhixing (2026.HK) has seen a significant stock price increase of over 5% recently, marking a total rise of 20% over three days, with the current share price at 105.8 HKD and a total market capitalization of 45.87 billion HKD [1] Group 2 - Xiaoma Zhixing reported a total revenue of 181 million RMB for Q3 2025, representing a year-on-year growth of 72%, achieving revenue growth for three consecutive quarters [3] - The revenue growth is primarily driven by strong performance in Robotaxi and technology licensing and application revenues, with the Robotaxi segment generating 47.7 million RMB, a year-on-year increase of 89.5% [3] - Several investment banks have raised their revenue forecasts for Xiaoma Zhixing for 2026, with Goldman Sachs highlighting that the profitability of single vehicles is a milestone event for the industry, indicating the economic viability of the Robotaxi business model in specific scenarios [3] - Bank of America Securities has adjusted Xiaoma Zhixing's revenue forecasts for 2025 to 2027 upwards by 5%, 4%, and 9% respectively, initiating a "Buy" rating for Xiaoma Zhixing's H-shares with a target price of 164 HKD, while also raising the target price for its US stock from 20 USD to 21 USD [3]
小马智行续涨超5%，3日连涨达20%总市值458.7亿港元！多家投行上调公司2026年营收预期，并上调H股美股目标价