Autonomous Driving is the capability of a car to drive partly or fully by itself, with limited or no human intervention. The Autonomous Driving concept includes major US-listed companies engaged in the development and application of driverless technologies.
AMD CEO Debuts Nvidia Chip Rival, Gives Eye-popping Forecast
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Elon Musk Says SpaceX On Track To Launch 80% Of Earth's Payloads In 2023, Dominating Competitors
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Soochow Securities: Maintaining Xiaopeng Motor-W's “buy” rating target price of HK$171.4
According to a research report released by Dongwu Securities, it maintained Xiaopeng Motor-W (09868) “buy” rating, maintained the 2023-25 operating income forecast of 309/713/138.1 billion yuan, net profit of 110/44/600 million yuan, corresponding PS of 3.7/1.6/0.8 times. Considering leading intelligent driving algorithm capabilities and continuous fees for long-term software supply, the bank believes that the company should enjoy a higher valuation. Compared with Tesla, a leading company in the industry, it gave 4X target PS for 2024, corresponding to the target price of HK$171.4. The company has no plans to upgrade XNGP, and the coverage of smart driving in cities has increased