MOBVISTA Shares Rise Nearly 7% Intraday, Zhongtai Securities Initiates Coverage with 'Buy' Rating

Deep News07-16 10:31

Shares of MOBVISTA (01860) rose nearly 7% during the trading session. At the time of writing, the stock was up 5.83% to HK$11.07, with a turnover of HK$87.24 million.

Zhongtai Securities Co.,Ltd. released a research report stating that MOBVISTA is a first-tier player in overseas programmatic advertising, with its IAP capability set to be unleashed and operating leverage continuing to improve. The brokerage forecasts the company's revenue for 2026-2028 to be $2.64 billion, $3.52 billion, and $4.16 billion, respectively, representing year-on-year growth of 28.9%, 33.5%, and 18.0%. Net profit attributable to shareholders is projected to be $89.8 million, $145.8 million, and $190.0 million for the same periods, reflecting growth rates of 45.8%, 62.3%, and 30.3%, corresponding to P/E ratios of 26.3x, 16.2x, and 12.4x. The firm initiated coverage with a "Buy" rating.

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