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Xiaomi’s Stock Price Plummets to 24.50 HKD, Experiencing a Sharp 5.62% Decrease

By October 12, 2026 No Comments

Xiaomi (1810)

24.50 HKD -1.46 (-5.62%) Volume: 164.04M

Xiaomi’s stock price sees a downturn at 24.50 HKD, with a significant trading session drop of -5.62% and a high trading volume of 164.04M shares. The tech giant struggles YTD, showing a notable decrease of -37.66%, reflecting a challenging market environment.


Latest developments on Xiaomi

Today, Xiaomi‘s stock price saw movement following a series of key events. The company’s latest release, the Xiaomi 18 Fold, topped AnTuTu’s rankings with an impressive 4.62 million points, showcasing its performance-focused approach. Additionally, Xiaomi launched a new temperature and humidity sensor capable of measuring COβ‚‚ levels, further expanding its product offerings. The announcement of over 70,000 EV orders for Xiaomi‘s SkyNomad lineup also contributed to the stock surge. Despite facing challenges, such as a sell call from Goldman Sachs, Xiaomi continues to innovate with products like the Smart Band 11 and the Mi Home Robotic Vacuum 7 Max, maintaining its position as a leading tech brand challenging the iPhone duo.


Xiaomi on Smartkarma

Analysts on Smartkarma, such as Henry Soediarko, have provided coverage on Xiaomi, with a bearish sentiment. In a recent report titled “Xiaomi (1810): Large CapEx”, it was noted that Xiaomi‘s Q1 2026 results showed a decline in revenue and net income due to higher DRAM prices. Despite management launching a share buyback, it may not be sufficient to reverse the negative trend. The report highlighted a planned large CapEx for phase 2 EV megafactory, AI infrastructure, and data centers, which will deplete Xiaomi‘s cash reserves.


A look at Xiaomi Smart Scores

Factor Score Magnitude
Value 5
Dividend 1
Growth 5
Resilience 4
Momentum 5
OVERALL SMART SCORE 4.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Xiaomi seems to have a bright long-term outlook. With top scores in Value, Growth, and Momentum, the company appears to be in a strong position for future success. Xiaomi‘s focus on consumer electronics and technology, including smartphones and AIoT devices, has helped drive its growth and resilience in the market.

Although Xiaomi‘s Dividend score is lower, its overall performance in other key areas suggests that the company is well-positioned for continued success. With a strong emphasis on innovation and a wide range of products and services, Xiaomi‘s strategic approach to the market bodes well for its future prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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