HK$9.05, -2.58%: Horizon Robotics 9660.HK HKSE 23 Jan 2026: AI outlook
The 9660.HK stock closed at HK$9.05 on 23 Jan 2026, down 2.58% as intraday sellers pushed the price to a low of HK$8.75. Trading volume finished at 125,902,132 shares versus a 50-day average of 144,514,002, showing active flows into the AI chip name. Horizon Robotics (9660.HK) ended the Hong Kong session with mixed technicals and fresh model-driven forecasts, leaving investors to weigh near-term volatility against longer-term AI demand for automotive and edge compute solutions.
9660.HK stock: Market close snapshot
Horizon Robotics (9660.HK) on the HKSE closed at HK$9.05, down HK$0.24 from yesterday. The session high was HK$9.12 and the low was HK$8.75. The one-year range is HK$4.03–HK$11.32 and market capitalisation stands at HK$104.52B. Price averages are 50-day HK$8.57 and 200-day HK$7.93, signalling the stock remains above longer-term trend support.
Earnings, financials and valuation
Latest company figures show EPS at -HK$0.20 and a reported PE of -44.45, reflecting recent losses and a volatile profit base. Key ratios: P/S 32.11, P/B 10.80, cash per share HK$1.28, and current ratio 12.19. Debt to equity is 0.91, and R&D intensity is high at 132.04% of revenue per Meyka metrics. The next earnings announcement is scheduled for 23 Mar 2026.
Technical picture and momentum for 9660.HK stock
Momentum indicators show RSI 62.84 and MACD histogram 0.05, suggesting positive short-term momentum despite today’s pullback. ADX is 30.08 indicating a strong trend. Bollinger bands are HK$8.33–HK$9.32 and ATR is HK$0.39, pointing to moderate intraday volatility. Volume came in slightly below the 50-day average, but relative volume of 1.50 shows above-normal activity compared with shorter-term flows.
Meyka grade, model forecast and analyst framing
Meyka AI rates 9660.HK with a score out of 100. Meyka AI rates 9660.HK with a score out of 100: score 67.32 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a yearly price of HK$13.30 and a quarterly figure of HK$9.94. Versus the close of HK$9.05, the yearly projection implies +46.89% upside; forecasts are model-based projections and not guarantees. For more detail see our Meyka stock page Meyka 9660.HK page.
Catalysts, risks and sector context
Catalysts include rising adoption of Horizon Pilot and SuperDrive in passenger vehicles and gains in edge AI chips for ADAS. The technology sector in Hong Kong is up 6.91% YTD, which could help carry AI names. Key risks are customer concentration, margin pressure from aggressive pricing, and regulatory scrutiny in China. Supply chain constraints or slower auto electrification could delay revenue recognition.
Price targets, valuation view and trading strategy
We present a scenario ladder: a conservative target HK$8.00 (implied -11.60%), base target HK$11.50 (implied +27.07%), and bull target HK$15.00 (implied +65.75%). These targets reflect P/S and P/B re-rating assumptions and improved gross margins from higher software content per vehicle. Short-term traders may use a stop below HK$8.50; longer-term investors should monitor quarterly adoption metrics and margin trends.
Final Thoughts
9660.HK stock closed the HKSE session at HK$9.05 on 23 Jan 2026 after a -2.58% move. Fundamentals show high R&D spend, strong cash per share HK$1.28, and stretched valuation metrics: P/S 32.11 and P/B 10.80. Meyka AI’s forecast model projects HK$13.30 over the next year, implying +46.89% upside from today’s price; forecasts are model-based projections and not guarantees. Our analysis frames Horizon Robotics as an AI growth exposure with meaningful execution and margin risks. Traders should balance the potential upside against short-term volatility and watch the 23 Mar 2026 earnings release for revenue cadence and customer wins. Meyka AI has provided this data as an AI-powered market analysis platform to help investors evaluate the opportunity within the Hong Kong technology sector.
FAQs
What drives the 9660.HK stock price today?
Short-term moves reflect intraday selling and profit-taking around HK$9.05. Volume and momentum indicators like RSI 62.84 and ADX 30.08 show trend activity. Watch news on contracts, chip shipments, and the next earnings date 23 Mar 2026.
What is Meyka AI’s forecast for 9660.HK stock?
Meyka AI’s forecast model projects a yearly price of HK$13.30, which implies roughly +46.89% from the current HK$9.05 close. Forecasts are model outputs and not guarantees.
Is Horizon Robotics overvalued based on financials?
Valuation looks rich: P/S 32.11 and P/B 10.80 versus sector averages. High R&D and thin operating cash flow argue for cautious valuation until consistent margin improvement shows.
What are the main risks for Horizon Robotics investors?
Key risks are execution and supply chain delays, customer concentration, aggressive pricing by competitors, and regulatory changes in China that could slow adoption or reduce ASPs.
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.
