Horizon Robotics 9660.HK HKSE closes HKD 9.38 on 19 Jan 2026: AI outlook
Horizon Robotics (9660.HK) closed at HKD 9.38 on 19 Jan 2026 in Hong Kong, with 68,199,337 shares traded. The 9660.HK stock has rallied 163.94% over one year and sits well above its 50-day average of HKD 8.49. Investors now weigh AI-driven automotive demand against a stretched valuation. We review technicals, fundamentals, Meyka AI’s grade and a model forecast to help frame short and medium-term trade ideas.
Price action and technicals for 9660.HK stock
The stock closed at HKD 9.38 after a day range of HKD 9.25–9.49. RSI sits at 62.84, indicating moderate momentum. ADX is 30.08, signalling a strong trend. Volume was 68,199,337, below the 20-day average of 151,643,026, suggesting lower participation on the close.
Fundamentals and valuation
Horizon Robotics reports EPS of -0.20 and a reported PE of -46.85, reflecting early-stage losses and accounting effects. Market cap stands at HKD 110.16B with shares outstanding 11,756,904,412. Price-to-sales is high at 33.85, and price-to-book is 11.39, which signals premium pricing for AI chip and software exposure.
Meyka AI rating, model forecast and price outlook
Meyka AI rates 9660.HK with a score out of 100: the platform gives a score of 67.44 (Grade B) and a suggestion of HOLD. This grade factors S&P 500 and sector comparisons, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly target of HKD 13.30, implying an upside of 41.70% versus the current HKD 9.38. Forecasts are model-based projections and not guarantees.
Catalysts, earnings calendar and risks
Upcoming earnings are scheduled for 23 Mar 2026, which could move price on revenue or margin beats. Key catalysts include EV partnerships and chip adoption for Horizon Pilot. Major risks are high valuation, long receivable cycles (DSO 231.89 days), and execution on autonomous roadmaps.
Sector context and peer comparison in Technology
Within the Technology sector, median debt-to-equity is 0.36 and average PE is 34.35. Horizon’s debt-to-equity at 0.91 is above the sector average, while its growth profile aligns with AI and semiconductor peers. Sector 1Y performance is 54.80%, showing strong appetite for AI names which supports premium multiples.
Trading considerations and strategy for AI stocks
Short-term traders can watch support near HKD 8.33 (Bollinger middle) and resistance near HKD 11.32 (year high). Technicals show overbought CCI at 170.34, cautioning pullback risk. Longer-term investors should balance growth exposure with high valuation and liquidity needs, and consider position sizing within a diversified AI allocation.
Final Thoughts
Horizon Robotics (9660.HK) closed at HKD 9.38 on 19 Jan 2026 after a session with modest volume. The stock shows strong momentum and a one-year return of 163.94%, but valuation metrics like price-to-sales (33.85) and price-to-book (11.39) remain elevated versus Technology peers. Meyka AI’s model projects a yearly target of HKD 13.30, an implied upside of 41.70%, but the forecast is model-based and not a guarantee. Our view: 9660.HK stock is a thematic AI play tied to autonomous driving adoption. Traders can trade momentum and respect technical support at HKD 8.33, while longer-term investors should watch the 23 Mar 2026 earnings and execution on EV partnerships. Meyka AI provides this analysis as an AI-powered market analysis platform; this is informational and not financial advice.
FAQs
What is the current price and market cap of Horizon Robotics (9660.HK)?
Horizon Robotics (9660.HK) closed at HKD 9.38 on 19 Jan 2026. Market capitalisation is about HKD 110.16B based on 11,756,904,412 shares outstanding.
What forecast does Meyka AI give for 9660.HK stock?
Meyka AI’s forecast model projects a yearly target of HKD 13.30 for 9660.HK stock, implying an upside of 41.70% versus the current price. Forecasts are model projections and not guarantees.
When is the next earnings report for Horizon Robotics?
Horizon Robotics has an earnings announcement scheduled for 23 Mar 2026. Results on revenue, margins and guidance could drive significant price movement.
What are the main risks to consider for 9660.HK stock?
Key risks include high valuation metrics, long receivables (DSO 231.89 days), execution risk on autonomous projects, and concentration in China EV demand. These can amplify volatility in 9660.HK stock.
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.
