Xiaomi Auto delivers 40,015 vehicles as Xiaomi stock gains 1.06 percent

Published on 10/13/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HSBC set a HKD 33.20 target and Buy rating on September 30. Xiaomi stock costs EUR 2.85 on October 13 versus EUR 2.82.

Key points in brief

Xiaomi Auto delivered 40,015 vehicles in September, up 32.71 percent from August but down 4.61 percent year over year.
HSBC began coverage with a Buy rating and a HKD 33.20 price target on September 30, 2026.
Xiaomi stock was at EUR 2.85 at Lang & Schwarz on October 13, 2026, 1.06 percent above the Xetra close of EUR 2.82 on October 12, 2026.
Xiaomi's second-quarter 2026 revenue reached CNY 108.9 billion and adjusted net profit reached CNY 6.2 billion.

Xiaomi Corp., KYG9830T1067, Illustration mit AI erstellt.

Xiaomi Auto delivered 40,015 vehicles in September, its highest monthly total of 2026, while Xiaomi stock was at EUR 2.85 at Lang & Schwarz on October 13, 2026. CnEVPost reported on October 13, 2026, that September deliveries rose 32.71 percent from August but fell 4.61 percent from a year earlier. The operating split matters: the Sky Nomad lineup contributed 12,444 vehicles, while the SU7 sedan delivered 15,751.

Three milestones shape the story

On August 18, 2026, Xiaomi published its second-quarter results, with revenue of CNY 108.9 billion and adjusted net profit of CNY 6.2 billion, according to iNEWS. Xiaomi's investor-relations page also lists the second-quarter results announcement on August 18, 2026. On September 30, HSBC began coverage with a Buy rating and a HKD 33.20 price target, as Finanztrends reported.

What does auto growth mean for margins?

The delivery headline is positive sequentially but less decisive year over year. Xiaomi Auto delivered 101,435 vehicles in the third quarter, down 6.77 percent from 108,796 a year earlier, while first-nine-month deliveries reached 286,490, up 7.41 percent, according to CnEVPost. The Sky Nomad ramp-up therefore has to convert orders into sustained deliveries while the older SU7 range remains under pressure.

The next reporting date is November 24

Xiaomi's third-quarter results are scheduled for November 24, 2026, according to FinanzNachrichten.de. That report should clarify whether vehicle growth is offsetting smartphone margin pressure and whether the second-quarter adjusted net profit of CNY 6.2 billion is improving.

Xiaomi stock stays above the Xetra close

The Lang & Schwarz price of EUR 2.85 on October 13, 2026 at 10:37 a.m. CEST stood EUR 0.03, or 1.06 percent, above the Xetra close of EUR 2.82 on October 12, 2026. The primary listing is on HKEX, while the 52-week range for the German quotation was EUR 2.36 to EUR 5.52 and market capitalization was EUR 73.6 billion as of October 13, 2026. The further course of trading is shown by the continuously updated real-time quote of Xiaomi stock.