Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>M Stanley Expects Frontier Models' ARR to Reach at Least US$1B by End-2026, Elevates TPs on MINIMAX/ KNOWLEDGE ATLAS
Recommend 43 Positive 57 Negative 28 |
||||
|
||||
|
Foundation models continued to scale, benefiting from US computing power and China's engineering efficiency, Morgan Stanley released a research report saying. The broker believed that the recent surge in token usage and pricing power signals non-linear growth in annual recurring revenue (ARR) for frontier models, as well as higher valuations for high intelligence density (cost per token) frontier models such as MINIMAX-W (00100.HK), KNOWLEDGE ATLAS (02513.HK) and BABA-W (09988.HK). Morgan Stanley forecasted that, by the end of 2026, ARR of frontier models will reach US$1-1.5 billion, and further expand to US$2.5-5 billion by the end of 2027 (base-bull ranges), implying 3-5x annual growth. Therefore, Morgan Stanley elevated its target prices for KNOWLEDGE ATLAS/ MINIMAX-W from $560/ $990 to $990/ $1,100, with both rated at Overweight. The broker also viewed BABA-W as its top pick in China's internet sector. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
