Xiaomi AI Overlooked by Market

Barclays' latest report points directly to Xiaomi's AI strategy being "severely undervalued" by the market—its hardware ecosystem spanning smartphones, home appliances, and automobiles is quietly building a differentiated AI matrix, yet this strategic value is nearly priced at zero in the current stock price. While Q2 revenue faced pressure, electric vehicle deliveries exceeded expectations, and smartphone average selling prices hit an all-time high. Maintains an Overweight rating with a target price of $30, implying 82% upside from the current price.