9660.HK HKD 8.73 intraday 05 Jan 2026: AI forecast sees 10.19% near-term upside
Horizon Robotics (9660.HK) trades at HKD 8.73 intraday on 05 Jan 2026 after opening at HKD 8.97 and hitting a session high of HKD 8.97 and low of HKD 8.71. The stock is up HKD 0.07 or 0.81% on volume of 83,623,307 shares as AI adoption in automotive chips and ADAS remains the central growth narrative. In Hong Kong (HKSE) markets today we focus on valuation, technical signals and model-driven forecasts for this AI hardware/software leader.
Intraday price action and market context
9660.HK is trading at HKD 8.73 with a session range HKD 8.71–8.97 and daily volume 83,623,307, below the 50-day average volume of 148,589,535. The market cap is HKD 105.69B and year range is HKD 3.43–11.32, showing large directional moves since IPO on 24 Oct 2024. Sector momentum in Technology is strong YTD (44.86%), which supports intraday interest in AI-exposed names.
Business model, AI positioning and sector relevance
Horizon Robotics operates Automotive and Non-Automotive Solutions focused on ADAS and autonomous-driving stacks including Horizon Mono and Horizon Pilot, positioning it as an AI chip and software vendor to China carmakers. The company is listed on HKSE but headquartered in Beijing, and its product roadmap ties directly to the fast-growing automotive AI spend in China.
Financials and valuation snapshot
Latest public data shows EPS at -0.20 and a reported PE of -44.95, reflecting recent accounting losses; price-to-sales is 32.47 and price-to-book is 10.92. Cash per share is HKD 1.28 and book value per share is HKD 0.98. Working capital is strong at HKD 19,308,978,753 and debt-to-equity is 0.91, highlighting capital intensity as the company scales hardware production.
Technicals and Meyka grade
Technical indicators show RSI 53.01, ADX 27.85 (strong trend) and 50-day average HKD 8.40 vs 200-day average HKD 7.78, suggesting positive medium-term momentum. Meyka AI rates 9660.HK with a score out of 100: 73.98, Grade B+ | Suggestion: BUY. This grade factors S&P 500 and sector comparisons, financial growth, key metrics and analyst consensus. These grades are informational only and are not financial advice.
Analyst views, price targets and short-term catalysts
Public analyst coverage shows consensus targets around HKD 12.19 (average) with some data points at HKD 8.88, reflecting mixed near-term views on supply growth and margin leverage source. Near-term catalysts include quarterly results, production ramps with domestic OEMs, and ADAS certification wins for Horizon Pilot.
Risks and what to watch
Key risks include execution on chip yields, inventory cycles with auto OEMs, and capital spending intensity that depresses free cash flow; free cash flow per share is negative at -0.20. Regulatory and competitive pressures in China’s automotive semiconductor market also pose downside. Watch earnings announcement date 23 Mar 2026 and inventory and receivables trends for signs of demand softness.
Final Thoughts
Key takeaways for 9660.HK stock: Horizon Robotics is trading at HKD 8.73 on 05 Jan 2026 with clear AI-driven demand but stretched valuation metrics versus sector averages. The company shows robust cash per share (HKD 1.28) and heavy investment in R&D (R&D/revenue 1.32), yet reported EPS remains negative (-HKD 0.20) and price/book is elevated at 10.92. Meyka AI’s forecast model projects a monthly target of HKD 9.62 (implied upside 10.19%) and a 12-month target of HKD 12.46 (implied upside 42.73%) versus the intraday price HKD 8.73. Forecasts are model-based projections and not guarantees. For intraday and short-term AI-stock strategies, traders should weigh technical momentum (RSI 53.01, ADX 27.85) against liquidity — volume today is 83,623,307 below the 50-day average — and monitor the 23 Mar 2026 earnings report for forward guidance. We use Meyka AI as an AI-powered market analysis platform to combine signals, but investors should conduct their own research and consider position sizing to manage execution and regulatory risks.
FAQs
Horizon Robotics (9660.HK) is trading at HKD 8.73 intraday on 05 Jan 2026 with volume 83,623,307 shares and a session range of HKD 8.71–8.97 in Hong Kong (HKSE).
Meyka AI’s forecast model projects a monthly target HKD 9.62 (implied +10.19%) and a 12-month target HKD 12.46 (implied +42.73%) versus the current HKD 8.73; forecasts are model-based projections and not guarantees.
Meyka AI rates 9660.HK with a score out of 100: 73.98, Grade B+ and Suggestion: BUY. The grade combines benchmark, sector, financials, metrics and analyst consensus; it is informational only.
Main risks include chip production execution, inventory cycles with auto OEMs, high valuation multiples (P/S 32.47, P/B 10.92), negative free cash flow and competitive pressure in China’s automotive AI market.
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.
