9660.HK stock opens pre-market at HK$8.21, reflecting a modest 0.61% uptick as investors weigh AI demand for automotive chips. Horizon Robotics (9660.HK) trades on the HKSE in Hong Kong and shows volume 76,184,199 versus an average of 134,910,253. The company’s near-term catalyst is the March earnings announcement on 2026-03-23, alongside sector momentum in technology hardware and software. We examine valuation, technicals, Meyka AI grading, and a model-based forecast to frame a clear AI-stocks view for traders and investors.

9660.HK stock: Pre-market price drivers and volume

Horizon Robotics (9660.HK) is trading HK$8.21 pre-market with a day range between HK$8.07 and HK$8.28 and a previous close of HK$8.16. Volume stands at 76,184,199, below the 50-day average of 134,910,253, suggesting lower immediate conviction ahead of the earnings release. Short-term moves track sector flows into AI chip and autonomous driving suppliers in Hong Kong’s technology complex.

9660.HK stock: Fundamentals, valuation and key ratios

Horizon shows a market cap of HKD 96.52 billion, price-to-sales 29.48, and price-to-book 9.92, well above Technology sector averages (sector PE 35.31). Reported cash per share is HKD 1.28 and book value per share HKD 0.98, while free cash flow per share is -0.20. These metrics point to growth-priced valuation that depends on scaling automotive ADAS and autonomous solutions.

9660.HK stock: Technicals and market internals

Momentum indicators are mixed: RSI 39.89 signals mild weakness, MACD histogram near 0.00 shows limited trend, and Bollinger Bands sit HKD 7.79–9.24. The 50-day average is HK$8.83 and the 200-day average is HK$8.24, placing the current price close to the longer-term mean. Traders should watch break of HK$7.79 or a push above HK$9.24 for directional confirmation.

Meyka AI rates 9660.HK with a score out of 100 and forecast

Meyka AI rates 9660.HK with a score out of 100: 67.65 (Grade B, HOLD). This grade factors S&P 500 and sector comparisons, financial growth, key metrics, analyst signals, and forecasts. Meyka AI’s forecast model projects a yearly target HKD 12.64, implying 53.91% upside from HK$8.21. Forecasts are model-based projections and not guarantees. These grades are not guaranteed and we are not financial advisors.

9660.HK stock: Risks, catalysts and upcoming events

Key catalysts include the 2026-03-23 earnings release and product ramps for Horizon Pilot and SuperDrive in China’s OEM pipeline. Risks include heavy valuation, extended days sales outstanding (231.89 days), and concentration in automotive demand. Watch regulatory and supply-chain headlines that affect OEM adoption of L2+ and L3 ADAS solutions.

9660.HK stock: Trading strategy and sector context

Within the Technology sector, Horizon trades at premium multiples reflecting AI and autonomous positioning. For active traders we suggest watching volatility around earnings and technical bands. For longer-term portfolios, consider position sizing that reflects high P/S and PB ratios and the company’s execution against OEM milestones.

Final Thoughts

Horizon Robotics (9660.HK) opens pre-market at HK$8.21 with mixed technicals and a clear growth valuation trade tied to AI automotive adoption. Meyka AI’s model projects HKD 12.64 for a one-year outlook, an implied 53.91% upside from the current price; quarterly and monthly model targets sit at HKD 11.36 and HKD 11.27 respectively. Valuation metrics (price-to-sales 29.48, price-to-book 9.92) place the stock above Technology peers, so upside hinges on strong earnings and accelerated OEM design wins. Traders should watch the 2026-03-23 earnings, a break above HK$9.24 for bullish confirmation, or a failure below HK$7.79 as a sign of downside risk. Use conservative sizing if you hold positions into earnings and monitor sector flows for AI chip demand signals. For more realtime context see the Horizon holdings in ETFs and related sector flows on stockanalysis and stockanalysis. Also check our Meyka AI-powered market analysis page for updates: Meyka Horizon 9660.HK.

FAQs

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.