Goldman Sachs: Maintains a "Buy" rating on SenseTime-W with a target price of 3.53 Hong Kong dollars.

Goldman Sachs released a research report stating that it maintains a "buy" rating for SenseTime-W with a 12-month target price of 3.53 Hong Kong dollars. The company's generative AI revenue is expected to reach 77% in the first half of 2025, mainly driven by private/public cloud and AI projects. Goldman Sachs predicts that by 2030, generative AI revenue contribution to the group will reach 91%. The report highlights that SenseTime recently launched several generative AI products, including an AI script generating platform, AI office assistant, and AI marketing agent, emphasizing enhanced features that generate higher-quality content with one-click operation and provide cost-effective solutions based on local computing platforms.