9660.HK Horizon Robotics (HKSE) HK$9.29 close 21 Jan 2026: AI stock valuation test
The 9660.HK stock closed at HK$9.29 on 21 Jan 2026, down 1.06% for the session. Trading volume reached 90,065,558 shares as investors weighed growth expectations against high valuation. Horizon Robotics (9660.HK) trades on the HKSE in Hong Kong and remains an AI-focused play for automotive chips and ADAS. This piece links recent market data to earnings cadence, technicals, and a model forecast to help AI sector investors form a view.
9660.HK stock: price action and drivers
Horizon Robotics (9660.HK) opened at HK$9.19 and hit a session high of HK$9.32 and low of HK$9.00. The stock closed at HK$9.29 on 21 Jan 2026, with a one-day change of -0.10 HKD.
Volume at 90,065,558 shares was below the 50-day average but above typical intra-day flows. Market drivers include delivery updates for automotive ADAS, partnerships with Tier-1 suppliers, and the upcoming earnings release pencilled in for 23 Mar 2026.
Financials and valuation: growth versus price
Horizon reports EPS of -0.20 and a trailing PE of -46.05 on the latest quote, reflecting negative reported EPS but mixed TTM ratios. Key metrics show price-to-sales at 33.27 and price-to-book at 11.19, underlining a premium growth multiple in the Hong Kong Technology sector.
CurrentRatio and cash-per-share look strong, with cash per share at 1.28 HKD. Investors should weigh substantial R&D spend—R&D to revenue is 1.32—against thin free cash flow metrics and negative P/FCF ratios.
Meyka AI rating, model forecasts and analyst context
Meyka AI rates 9660.HK with a score out of 100: 67.20 | Grade: B | Suggestion: HOLD. This grade factors S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. The independent issuer score dated 20 Jan 2026 shows a separate external rating of C+ with a Sell bias.
Meyka AI’s forecast model projects a quarterly price of HK$9.94 and a one-year price of HK$13.30. Compared with today’s HK$9.29, the one-year projection implies an upside of 43.12% and the quarterly projection implies 7.00% upside. The monthly model sits at HK$6.04, implying -34.99% downside. Forecasts are model-based projections and not guarantees.
Technicals and trading signals for an AI stock
Momentum indicators show an RSI of 62.84, MACD histogram of 0.05, and ADX 30.08, pointing to a firm trend. Bollinger upper band is 9.32; middle band is 8.82, which frames current price near resistance.
Short-term traders should watch support near HK$9.00 and the 50-day average HK$8.53. Volume was lower than the 200-day average, suggesting less conviction on today’s move.
Opportunities and risks for Horizon as an AI stocks pick
Opportunity: strong demand for automotive AI chips in China can expand Horizon’s addressable market and improve margins. The company lists multiple ADAS products, including Horizon Mono and Horizon Pilot, which support autonomous features in passenger vehicles.
Risk: valuation is rich versus peers and operating cash flow remains negative. Supply-chain timing and competition from global chipmakers could pressure share gains. Regulatory or OEM procurement delays would reduce near-term revenue visibility.
Price targets and investment implications
We set a conservative price target of HK$10.50, a base case target of HK$13.30, and a bull case of HK$22.20 over 12 months. Targets derive from Meyka AI forecasts, sector multiples, and scenario analysis of margin recovery.
Analyst context: external market rating recorded C+ with mixed internal signals. Investors should align position size to risk tolerance and monitor the 23 Mar 2026 earnings date for guidance shifts. For related holdings and ETF inclusion, see recent listings on stockanalysis.com and regional coverage on Investing.com.
Final Thoughts
Key takeaways on the 9660.HK stock: Horizon Robotics closed at HK$9.29 on 21 Jan 2026, trading below its one-year model target but above monthly downside scenarios. Meyka AI rates 9660.HK with a score out of 100 at 67.20 (B, HOLD), balancing strong AI market opportunity against stretched valuation and negative free cash flow. Our model shows a one-year implied upside of 43.12% to HK$13.30, while a monthly stress case implies -34.99% risk to HK$6.04. Traders should watch the next earnings date on 23 Mar 2026 and technical support at HK$9.00. This analysis uses real-time inputs and Meyka AI’s model; forecasts are projections, not guarantees. For deeper company filings, visit Horizon Robotics’ site and our Meyka AI stock page for continuous coverage.
FAQs
What is the current price and trading status of 9660.HK stock?
As of 21 Jan 2026 the stock closed at HK$9.29 on the HKSE. Volume was 90,065,558 shares and the session change was -1.06%. Trading is active and the next earnings date is 23 Mar 2026.
What forecast does Meyka AI give for 9660.HK stock?
Meyka AI’s forecast model projects HK$9.94 quarterly and HK$13.30 yearly for 9660.HK stock. The one-year projection implies 43.12% upside from today. Forecasts are model-based projections, not guarantees.
What are the main risks for Horizon Robotics investors?
Key risks include rich valuation metrics, negative free cash flow, competition from global chipmakers, and possible OEM contract timing delays. These factors can affect near-term revenue and share performance.
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.
