Xiaomi notches fourth straight gain — is the tide turning?

Buffett followers
08-21 11:20

$XIAOMI-W(01810)$'s stock price rose nearly 4% today, continuing its winning streak since the release of its earnings report, with total gains approaching 11%.

On the news front, Xiaomi just released its Q2 earnings report two days ago. Against the backdrop of high memory prices and a pressured consumer terminal market, Xiaomi's core smartphone business remained resilient, with gross margins in the handset business delivering a surprise upside that beat market expectations.

In addition, Xiaomi just unveiled its new-generation humanoid robot "CyberOne" at the 2026 World Robot Conference, marking its first public appearance. The robot has already entered automotive factories for "internships" — at the self-tapping screw station, its success rate improved from 90% in March to 98% in July, approaching the 99% level of skilled human workers. The market interpreted this as a sign that Xiaomi's robotics business has moved from concept to production-line validation, with synergies across manufacturing, AI, and distribution channels becoming increasingly evident.

On the ratings front, Morgan Stanley maintained an "Overweight" rating on Xiaomi, stating that with management indicating memory price increases are trending toward normalization, the company's smartphone business is expected to remain resilient in the second half of the year.

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  • Investing Leon
    ·08-21 14:09
    Xiaomi’s premiumization strategy has been quite successful this time around. The earnings report shows meaningful breakthroughs across several of its key business areas.
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  • tothehill
    ·08-21 11:32
    Handset margin beating by roughly a point matters more than the 4 day streak ngl, that can lift full year earnings if memory stops squeezing
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  • chenobserver
    ·08-21 11:32
    90% to 98% is nice, but sample size and station complexity matter way more for real scale 👀
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