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<Research>Citi Expects UBTECH ROBOTICS (09880.HK) Shr Price to React Positively to Results
Recommend 5 Positive 14 Negative 3 |
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UBTECH ROBOTICS (09880.HK)'s net loss shrank by 37% YoY to RMB703 million, 20%/ 31% lower than the forecasts of Citi Research/ the market, respectively, Citi Research issued a research report saying. Gross profit margin improved by 9 ppts YoY to 37.7%, higher than the expectations of the broker/ market of 30.1%/ 31.3%. Revenue from humanoid robots surged by 22x YoY to RMB820 million (a total of 1,079 units), 61% ahead of Citi Research's previous estimation of RMB508 million (725 units). Citi Research anticipated that UBTECH ROBOTICS' stock price will react positively to this better-than-expected 2025 results. Therefore, the broker reiterated rating at Buy, citing its first-mover advantage in the humanoid robot industry, with a target price of $155. AASTOCKS Financial News Website: www.aastocks.com |
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