9660.HK up 3.33% pre-market 03 Jan 2026: Horizon Robotics AI outlook tightens
Horizon Robotics (9660.HK) trades at HKD 8.99 in Hong Kong pre-market on 03 Jan 2026, up 3.33% as investors focus on AI-driven automotive orders. The 9660.HK stock move follows heavy volume of 63,951,082 shares and a 24‑hour range of HKD 8.63 to HKD 9.00. We assess how product wins, valuation metrics and model forecasts may affect near‑term trading and the HKSE listing in Hong Kong.
Price action and short-term drivers
Horizon Robotics (9660.HK) opened at HKD 8.75 and is quoted at HKD 8.99 pre-market on 03 Jan 2026, a 3.33% rise from the previous close of HKD 8.70. Trading volume is 63,951,082 versus an average volume of 149,274,994, suggesting above‑average interest but lower relative liquidity. Day high is HKD 9.00 and day low is HKD 8.63, while the 52‑week range sits between HKD 3.43 and HKD 11.32.
Business mix and AI positioning
Horizon Robotics is a China‑based developer of automotive AI chips and driver assistance platforms that sells both Automotive and Non‑Automotive Solutions on the HKSE in Hong Kong. The company’s Horizon Pilot and Horizon SuperDrive platforms target advanced driver assistance for passenger vehicles, which underpins the 9660.HK stock interest from AI investors focused on automotive compute demand.
Financials and valuation snapshot
The stock trades at HKD 8.99 with EPS reported at -0.20 and a trailing PE of -43.30 per the latest quote. Key ratios include price‑to‑book 10.52, price‑to‑sales 31.28 and enterprise value to sales 29.05, indicating premium growth pricing. The company reports cash per share of 1.28 and a robust current ratio of 12.19, while debt‑to‑equity stands at 0.91. These figures show strong liquidity but high market expectations versus revenue.
Technicals and market context
Technical indicators show RSI 53.01 and ADX 27.85, suggesting a moderate trend and neutral momentum on the daily chart. Bollinger Bands read upper HKD 9.31, middle HKD 8.59 and lower HKD 7.88, implying limited immediate upside band compression. Sector performance in Technology has gained 44.65% over 1 year, making Horizon Robotics a higher‑beta play within a strong subsector.
Meyka AI grade and model forecasts
Meyka AI rates 9660.HK with a score out of 100: Score 73.63 | Grade B+ | Suggestion BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly HKD 9.62, quarterly HKD 9.65 and yearly HKD 12.46. Versus the current price HKD 8.99, the model implies near‑term upside of 7.01% to the monthly figure and 38.59% to the 12‑month figure. Forecasts are model‑based projections and not guarantees.
Risks, catalysts and news flow
Key upside catalysts include stronger auto OEM orders, design wins for Horizon Pilot and margin improvement in Automotive Solutions. Main risks are execution on production ramp, high valuation relative to peers and volatile volume — average volume is 149,274,994 but current trade is 63,951,082. For market commentary and investor discussion see Yahoo Finance coverage source and valuation data source.
Final Thoughts
Key takeaways for 9660.HK stock on 03 Jan 2026: Horizon Robotics trades at HKD 8.99 pre‑market, up 3.33% on focused volume and AI‑related interest in its automotive platforms. Financial metrics show ample cash per share HKD 1.28 and strong short‑term liquidity with a current ratio of 12.19, while valuation metrics (P/S 31.28, P/B 10.52) reflect premium growth expectations. Technicals are neutral with RSI 53.01 and Bollinger middle at HKD 8.59. Meyka AI’s model projects HKD 12.46 in 12 months (implied upside 38.59%) and HKD 9.62 monthly (implied upside 7.01%); these projections are model outputs, not guarantees. Investors focused on AI stocks should weigh potential design‑win news and OEM adoption against high multiples and execution risk. We use these data points as part of our AI‑powered market analysis and recommend close monitoring of earnings on 23 Mar 2026 and upcoming product announcements for trading signals.
FAQs
As of the pre‑market update on 03 Jan 2026 Horizon Robotics (9660.HK) is at HKD 8.99 with a day range HKD 8.63–HKD 9.00 and volume 63,951,082 shares on the HKSE.
Meyka AI’s forecast model projects monthly HKD 9.62 and yearly HKD 12.46, implying 7.01% and 38.59% upside versus the current price HKD 8.99; forecasts are model‑based and not guarantees.
Meyka AI rates 9660.HK with a score out of 100: 73.63 giving a B+ grade and a BUY suggestion; the grade factors in sector and benchmark comparisons, growth, metrics and analyst views.
Primary risks include high valuation (P/S 31.28, P/B 10.52), execution on production ramps, OEM adoption timelines and volume volatility compared with the average 149,274,994 shares.
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.
