Deutsche Bank: La valoración de Xunce se reevalúa estructuralmente, manteniendo la calificación de "Compra" y elevándola a 351 HKD

Golden Finance reports that on April 28th, Deutsche Bank published a research report maintaining a “Buy” rating on Xunce, with a 12-month target price of 351 HKD based on discounted cash flow (DCF) valuation, representing approximately a 15% increase from the April 27th closing price of 305 HKD. The report indicates that Xunce’s valuation was significantly re-evaluated last month, mainly driven by two factors: 1. As AI intelligent agents develop rapidly, market demand for high-quality data has surged; 2. The company is transitioning to a “token economy” model, directly linking growth to strong token consumption. Xunce’s unique advantage lies in leveraging expertise in specific data domains to provide enterprises with high-precision, decision-supporting tokens, positioning it as a key player in the development of vertical enterprise artificial intelligence.
The bank believes that the previous rally reflected its capabilities and potential, and the next phase of re-evaluation will depend on execution, especially its core capabilities expanding into broader vertical fields such as advanced manufacturing, robotics, and commercial aerospace. To reflect the positive business momentum driven by demand growth and price transformation, the bank has raised its revenue forecasts for fiscal years 2026/2027 by 4% and 16%, respectively, and its adjusted net profit forecasts by 8% and 17%, respectively. The compound annual growth rate of free cash flow and terminal growth rate forecasts has been increased from 2% to 3%. (Dongxin News Agency)