Horizon Robotics 9660.HK HK$8.20 -8.07% 30 Jan 2026: AI growth tests next resistance
We see Horizon Robotics (9660.HK) trading at HK$8.20 intraday on 30 Jan 2026, down 8.07% as volume spikes to 161,146,718 shares. The move reflects profit-taking after the stock’s 1‑year gain and fresh focus on AI revenue timelines. This 9660.HK stock update connects the drop to guidance timing, near-term forecasts, and valuation gaps investors should weigh.
Intraday price action and volume for 9660.HK stock
Horizon Robotics (9660.HK) opened at HK$8.34 and hit a day low HK$8.02 and day high HK$8.34 while last trading at HK$8.20. The stock is down -8.07% versus the previous close of HK$8.92 on heavy volume of 161,146,718.00 shares, above the 50‑day average of 140,158,747.00.
Higher volume and the intraday sell‑off point to short‑term profit taking and rotational flows within Hong Kong technology names as traders reprice AI growth delivery dates.
9660.HK stock fundamentals and recent financials
Horizon Robotics reports EPS of -0.20 and a reported PE of -41.95, reflecting negative trailing earnings per share and episodic accounting items. TTM book value per share is 0.98 with cash per share 1.28, supporting a strong current ratio of 12.19.
Revenue per share TTM sits at 0.23 while operating cash flow per share is -0.16, indicating growth investment ahead of stable free cash flow. These fundamentals show scale potential but ongoing margin pressure during product ramp.
9660.HK stock valuation and sector comparison
On standard multiples Horizon trades at price/sales 30.31 and price/book 10.20, well above Technology sector averages. Enterprise value to sales is 28.07 and EV/EBITDA is 24.25, highlighting a premium for AI platform expectations.
Compared with Hong Kong technology peers, Horizon’s revenue growth expectations warrant a premium, but the current valuation implies the market needs outsized execution. Sector momentum YTD is 8.72%, showing room if AI adoption accelerates.
9660.HK stock technical snapshot and Meyka grade
Technically 9660.HK shows RSI 62.84, MACD histogram 0.05, and ADX 30.08, signalling a firm near‑term trend but overbought momentum pockets. Bollinger middle band is 8.82 with upper 9.32 and lower 8.33, so intraday price is inside the band range.
Meyka AI rates 9660.HK with a score out of 100: 67.41 / 100 | Grade B | Suggestion: HOLD. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.
Catalysts, earnings timing and risks for 9660.HK stock
Key near‑term catalysts include scheduled earnings on 2026-03-23 and product rollouts for Horizon Pilot and SuperDrive in China’s OEM pipeline. Positive ADAS contract announcements would likely re‑rate the stock.
Risks include slower OEM ramp, high valuation, long receivable days 231.89, inventory days 280.22, and leverage metrics where debt/equity is 0.91. Regulatory or supply chain delays would push targets lower.
Price forecast, trading view and short-term targets
Meyka AI’s forecast model projects a quarterly target of HK$9.94 and a yearly target of HK$13.30, versus the current price HK$8.20, implying a one‑year upside of 62.12%. Shorter term the monthly model is HK$6.04, reflecting volatility around news flow.
Traders should watch HK$8.02 support and HK$9.32 resistance intraday; position sizing should reflect wide valuation dispersion and high volume swings.
Final Thoughts
We view 9660.HK stock as an AI growth play with asymmetric outcomes. Intraday weakness to HK$8.20 on 30 Jan 2026 reflects profit taking and re‑pricing of delivery timing rather than a failure of technology. Fundamentals show cash per share 1.28 and elevated current ratio 12.19, but free cash flow remains negative at -0.20 per share, so execution matters. Meyka AI’s forecast model projects a one‑year target of HK$13.30, implying 62.12% upside from today’s price, while the monthly outlook at HK$6.04 highlights short‑term volatility. Investors should weigh the premium valuation—price/sales 30.31 and price/book 10.20—against likely OEM contract timelines. For active traders we recommend watching earnings on 2026-03-23 and using tight risk controls. For longer‑term investors, monitoring actual AI revenue cadence and margin improvement will decide whether the current valuation is justified. This analysis uses Meyka AI as an AI‑powered market analysis platform and is informational only.
FAQs
What is the current price and intraday move for 9660.HK stock?
Horizon Robotics (9660.HK) is trading at HK$8.20 intraday on 30 Jan 2026, down -8.07% with volume 161,146,718.00 shares as traders reprice near‑term AI delivery.
What are the main valuation metrics for 9660.HK stock?
Key metrics: PE -41.95, price/sales 30.31, price/book 10.20, cash per share 1.28, and EV/EBITDA 24.25, indicating a growth premium vs peers.
What is Meyka AI’s forecast and implied upside for 9660.HK stock?
Meyka AI’s forecast model projects a one‑year price of HK$13.30, implying 62.12% upside from HK$8.20. Forecasts are model projections and not guarantees.
Which events could move 9660.HK stock in the near term?
Earnings on 2026-03-23, OEM contract announcements for Horizon Pilot or SuperDrive, and China EV supply chain updates are the main near‑term catalysts.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
