0646 GMT - RoboSense Technology's strong shipments of robotics light-detection and ranging units look sustainable in 2H, CGS International analysts say in a research report. The artificial-intelligence-driven robotics technology company's shipments of these units jumped sharply in 1H thanks to growing demand from lawn mower and robotaxi companies, the analysts note. This momentum will likely continue in 2H, given the usual peak season for LiDAR shipments for robotic lawn mowers from end-September until 1Q 2026. The brokerage lifts its EPS forecasts for the company by 51% for 2025, 17% for 2026 and 9% for 2027. It raises the stock's target price to HK$44.30 from HK$42.10 with an unchanged add rating. Shares are 0.3% higher at HK$39.14. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
August 25, 2025 02:46 ET (06:46 GMT)
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