Barclays analyst Jiong Shao raised the firm’s price target on Xiaomi (XIACY) to $40 from $24 and keeps an Overweight rating on the shares. The firm increased Q4, 2025, and 2026 estimates following recent checks. Xiaomi is executing well and is well positioned to potentially become a top artificial intelligence player in China “for years to come given its ubiquitous user connectivity,” the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XIACY:
- Xiaomi’s Strategic Innovations and Premiumization Drive Buy Rating
- Xiaomi’s Promising Outlook: Strong Q4 Performance and Global Expansion Drive Buy Rating
- Supreme Court upholds TikTok ban, Ozempic selected for price talks: Morning Buzz
- TikTok, five other Chinese companies named in E.U. complaint, Reuters says
- Apple’s (AAPL) iPhone Dominates North America While Samsung Leads Global Market
Questions or Comments about the article? Write to editor@tipranks.com