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中文(ZH) 高盛：MiniMax-W重申“买入”评级 目标价860港元

Goldman Sachs reiterates buy rating on MiniMax-W, targets HK$860

By PulseAugur Editorial · [1 sources] ·

Goldman Sachs has reiterated its "buy" rating for MiniMax-W, setting a target price of HK$860. The firm highlighted MiniMax-W's multimodal strategy as a key differentiator and anticipates the upcoming H3 model will significantly impact the multimodal industry. MiniMax's CEO, Yan Junjie, indicated a focus on cost-effectiveness for each model, with the M3 model currently processing trillions of tokens daily and achieving healthy gross margins through its open platform/API. AI

IMPACT Goldman Sachs' positive outlook on MiniMax-W's multimodal strategy and upcoming H3 model suggests potential market disruption and increased competition in the AI sector.

RANK_REASON Analyst rating and price target for a company with an upcoming model release. [lever_c_demoted from significant: ic=1 ai=0.7]

Read on 36氪 (36Kr) →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Goldman Sachs reiterates buy rating on MiniMax-W, targets HK$860

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Analyst rating and price target for a company with an upcoming model release. [lever_c_demoted from significant: ic=1 ai=0.7]
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COVERAGE [1]

  1. 36氪 (36Kr) TIER_1 中文(ZH) ·

    Goldman Sachs: MiniMax-W reiterates "Buy" rating, target price HK$860

    高盛发布研报称，MiniMax-W的多模态策略为其关键差异化优势，H3模型已进入推出前最后阶段，预期即将面世，相信会对多模态行业格局带来深远影响，重申MiniMax“买入”评级，目标价860港元。高盛指出，MiniMax创办人兼首席执行官闫俊杰近日在分析员会议上，透露未来重点将专注于为旗下每个模型追求最佳的性价比，特别是目前M3模型每日处理万亿级Token，开放平台/API收入已达健康毛利率水平，目标最终实现高双位数毛利率，又预期9月至10月将推出的M3 Pro将拥有显著成本效益。（新浪财经）

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