Xiaomi stock faces November 24 test as forecasts point to growth

Xiaomi Corporation is scheduled to review and approve its unaudited results for the third quarter and the first nine months of 2026 on Tuesday, November 24. The upcoming release will give investors a fresh view of smartphone demand, electric-vehicle expansion and the cost of newer businesses.

Simply Wall St lists annual earnings growth of 19 percent and revenue growth of 13.5 percent in its latest outlook. The platform also puts forecast earnings per share growth at 19.05 percent and says Xiaomi is covered by 56 analysts.

Profitability remains the central test

The forecasts point to a recovery path, but they do not remove the execution risk around Xiaomi's business mix. Electric vehicles and artificial intelligence broaden the group's growth prospects while requiring investment, and the smartphone business remains important for scale and cash generation.

The second-quarter comparison provides the immediate benchmark. Simply Wall St reports revenue of CNY 108.9 billion for the quarter ended June 30, down 6.1 percent from a year earlier, while net income fell 21 percent to CNY 9.46 billion. The third-quarter release will show whether pressure in the core hardware business eased and whether newer operations contributed more effectively.

Upcoming figures set the next benchmark

Xiaomi stock traded at 3.43 euros on Lang & Schwarz at 09:38 CET on Wednesday, November 11, 2026. Investors will focus on revenue, net income, margins and the performance of the vehicle business when the company publishes its next results.

Chinese technology shares remain sensitive to earnings expectations and the pace of investment in electric vehicles. See the latest Shanghai Composite market developments.

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