According to a research report published by Yamato, the management of Bijiao Technology recently raised the 2027 revenue guide from 10 billion yuan to 20 billion yuan. It is believed that this is due to the recent increase in the average sales price of mainstream AI chips in the Chinese market and changes in the product portfolio, which is believed to reflect the company's confidence in the subsequent development of its flagship BR20x chip and customer order acquisition. The bank reiterated its “buy” rating, and the target price was raised from HK$100 to HK$130, corresponding to the 2027 forecast market sales rate of about 15 times. Daiwa raised its 2026-2028 revenue forecast by 14%, 94% and 58%, respectively, to $2,408 billion, $21.08 billion and $45.508 billion to reflect the results for the first half of this year and the positive revenue guidance for next year; the net profit forecast for 2027 to 2028 was raised by 35% and 10% to $4.179 billion and $11.967 billion.

According to a research report published by Yamato, the management of Bijiao Technology recently raised the 2027 revenue guide from 10 billion yuan to 20 billion yuan. It is believed that this is due to the recent increase in the average sales price of mainstream AI chips in the Chinese market and changes in the product portfolio, which is believed to reflect the company's confidence in the subsequent development of its flagship BR20x chip and customer order acquisition. The bank reiterated its “buy” rating, and the target price was raised from HK$100 to HK$130, corresponding to the 2027 forecast market sales rate of about 15 times. Daiwa raised its 2026-2028 revenue forecast by 14%, 94% and 58%, respectively, to $2,408 billion, $21.08 billion and $45.508 billion to reflect the results for the first half of this year and the positive revenue guidance for next year; the net profit forecast for 2027 to 2028 was raised by 35% and 10% to $4.179 billion and $11.967 billion.