Target price HK$60! Haitong International initiates coverage on DEEPEXI Technology (01384.HK) with an "Outperform" rating, expecting growth to outpace peers and an earnings inflection point approaching.

Zhito Finance APP has learned that after market hours on September 16, Haitong International released its first coverage research report on DEEPEXI Technology (01384.HK), assigning the company an "OUTPERFORM" rating and setting a target price of HK$60. Haitong International believes that as enterprise AI demand gradually moves from model testing into actual business deployment, DEEPEXI Technology, with its data capabilities, industry know-how, customer base, and delivery capabilities, is expected to become a major beneficiary of the accelerated growth in the enterprise-level AI application market. Haitong International estimates that the company's revenue from 2026 to 2028 will reach RMB 946 million, RMB 1.781 billion, and RMB 2.914 billion, respectively, with a revenue compound growth rate of 91.5% from 2025 to 2028, significantly higher than the average level of about 60% among comparable companies.