Analyst Elizabelle Pang from DBS maintained a Buy rating on RoboSense Technology Company., Ltd and increased the price target to HK$50.00 from HK$40.00.
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Elizabelle Pang has given his Buy rating due to a combination of factors that highlight RoboSense’s strategic positioning and attractive valuation. She notes that the company is one of China’s leading LiDAR providers, supported by its low-cost manufacturing, close collaborations with top automotive and mobility players, and in-house chip development that strengthens its competitive edge. The recent regulatory green light for Level 3 autonomous driving in China – and RoboSense’s status as the first LiDAR vendor worldwide to mass-produce main and blind-spot L3 LiDAR units – positions the firm to capture a disproportionate share of upcoming demand.
Pang also expects a step-up in business momentum from 2026 onward, reflected in higher shipment projections and a substantial upward revision to earnings forecasts, even though she deliberately assumes cautious margins and selling prices in light of intense industry competition. She argues that the stock’s current trading multiple on forward EV/Sales appears undemanding versus its historical range, suggesting meaningful upside as policy support, new design wins, and a growing order book materialize. Taken together, these operational strengths, earnings growth prospects, and supportive valuation underpin her conviction that RoboSense offers an appealing risk–reward profile at current levels, justifying a Buy recommendation.
Pang covers the Consumer Cyclical sector, focusing on stocks such as Hesai Group Class B, Hesai Group Sponsored ADR, and Tesla. According to TipRanks, Pang has an average return of 7.5% and a 68.04% success rate on recommended stocks.