Pre-market 26 Feb 2026: Horizon Robotics (9660.HK HKSE) at HK$8.51: valuation test
The 9660.HK stock opens pre-market at HK$8.51 on 26 Feb 2026, down 3.40% from the prior close. Investors are watching Horizon Robotics as AI demand in automotive and edge compute lifts revenues but pushes valuation questions. Horizon Robotics (9660.HK) trades on the HKSE in Hong Kong and shows heavy liquidity with 127,512,137 shares traded today. Our update links recent revenue growth, key ratios and model forecasts to the price move and near-term catalysts investors should track.
9660.HK stock pre-market snapshot
Horizon Robotics (9660.HK) is quoted at HK$8.51 with a daily range HK$8.44–HK$8.94 and volume 127,512,137. The one-day change is -0.30 HKD or -3.40%, and the 50-day average price is HK$8.85 while the 200-day average is HK$8.21. This puts current trading close to its medium-term trend, and immediate moves will hinge on sentiment around AI adoption and upcoming earnings on 23 Mar 2026.
Financials and valuation metrics for 9660.HK stock
Horizon Robotics reports an EPS of -0.20 and a reported PE shown as -42.55, reflecting recent losses or adjustment differences. Price-to-sales is 31.82, price-to-book is 10.71, and debt-to-equity is 0.91, indicating a premium valuation versus Hong Kong tech peers. The company carries cash per share HK$1.28 and a current ratio of 12.19, which signals strong short-term liquidity despite negative operating cash flow per share of -0.16.
AI market position and growth drivers for 9660.HK stock
Horizon Robotics sells automotive AI stacks such as Horizon Mono and Horizon Pilot into China’s passenger vehicle market, positioning the company in fast-growing ADAS and autonomous segments. Revenue jumped materially year-on-year, with half-year growth cited at 321.75% to 1.57B CNY and trailing twelve-month revenue 3.02B CNY, a point investors link to accelerating adoption source.
Technical view and trading signals for 9660.HK stock
Momentum indicators show a neutral-to-mildly bullish setup: RSI 52.17, MACD histogram 0.07, and ADX 24.13. Bollinger Bands centre at HK$8.58 with upper HK$9.34 and lower HK$7.83, implying the band width supports continued intraday swings. Average volume near 136,167,458 suggests institutional interest; traders may watch a break above HK$9.34 for upside continuation or a drop below HK$7.83 for short-term weakness.
Risks and catalysts for 9660.HK stock
Key risks include high valuation multiples, negative operating cash flow, and geopolitical or supply-chain disruptions that could slow China auto production. Catalysts are upcoming earnings on 23 Mar 2026, new OEM design wins, and broader China tech inflows that might lift AI names. ETF flows and sector rotation remain relevant for liquidity, as macro and fund positioning can amplify moves in Horizon Robotics source.
Meyka AI grade and forecast for 9660.HK stock
Meyka AI rates 9660.HK with a score of 67.61 out of 100 — Grade B, 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 target of HK$12.64, implying +48.52% versus the current price of HK$8.51, and a monthly target of HK$11.27 (+32.43%). Forecasts are model-based projections and not guarantees.
Final Thoughts
Horizon Robotics (9660.HK) is trading pre-market at HK$8.51 as investors weigh strong top-line momentum in automotive AI against stretched valuation and negative operating cash flow. Financial ratios show high price-to-sales (31.82) and price-to-book (10.71) relative to Hong Kong tech averages, while liquidity metrics remain healthy with cash per share HK$1.28. From a technical angle, neutral momentum and tight Bollinger Bands suggest the market is pausing before earnings on 23 Mar 2026. Meyka AI’s forecast model projects HK$12.64 over the next year, implying +48.52% upside from today. That projection frames a risk-reward trade: upside tied to continued OEM wins and AI adoption; downside tied to earnings execution and cash-flow recovery. Investors should treat the stock as a growth-at-a-premium idea and monitor earnings, design wins and sector flows closely. Forecasts are model-based projections and not guarantees.
FAQs
What is the current price and trading status of 9660.HK stock?
Pre-market on 26 Feb 2026, 9660.HK stock trades at HK$8.51, down 3.40% on the day with volume 127,512,137. Price range today is HK$8.44–HK$8.94, near the 50-day average HK$8.85.
What are the main valuation metrics for 9660.HK stock?
Key metrics for 9660.HK stock include EPS -0.20, PE -42.55, price-to-sales 31.82, price-to-book 10.71, and debt-to-equity 0.91, indicating premium valuation versus sector averages.
What upside does Meyka AI forecast for 9660.HK stock?
Meyka AI’s forecast model projects a yearly price of HK$12.64 for 9660.HK stock, implying +48.52% from HK$8.51. These are model-based projections and not guarantees.
What catalysts should investors watch for 9660.HK stock?
Watch Horizon Robotics’ earnings on 23 Mar 2026, OEM design wins, ADAS adoption rates and China tech fund flows. Positive news on design wins or margin improvement can lift 9660.HK stock.
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.