Xiaomi’s Stock Searches for a Floor as EV Momentum and Payments Deal Counterbalance Chip Headwinds
Veröffentlicht: 07.07.2026 um 10:53 Uhr, Redaktion boerse-global.de
After a brutal start to the year, Xiaomi’s shares have begun to stabilise, hovering just above a 52-week low. The stock closed Monday at €2.62, roughly 12% above its trough of €2.34 hit on 26 June 2026, before edging down to €2.58 on Tuesday. That still leaves the equity nursing a year-to-date decline of around 42%.
The tentative recovery rests on two operational bright spots. Xiaomi delivered more than 30,000 electric vehicles for a third straight month in June, signalling that its fledgling auto division is achieving production stability. At the same time, the company struck a strategic partnership with payments specialist Adyen to unify transaction processing across 18 markets, including Japan, Mexico and the European Union. The move is designed to streamline global sales channels and protect margins in its lucrative internet services business.
Yet for all the progress on the operational front, a persistent headwind is weighing on the core smartphone business. A shortage of memory chips has forced several major handset makers – Xiaomi among them – to trim their 2026 delivery targets by as much as 30%. Rising component costs are squeezing gross margins in the smartphone segment, a drag that showed up in first-quarter results and continues to cloud the outlook. The market is watching to see whether the strong EV sales can offset those cost pressures. The auto unit needs to scale quickly to reach profitability, and while the consistent delivery numbers offer encouragement, the division remains a capital-intensive undertaking. Chip costs, meanwhile, show no sign of easing in the near term.
Should investors sell immediately? Or is it worth buying Xiaomi?
Chartists see tentative signs of a base forming. The 14-day relative strength index stands at 39.0, indicating that selling momentum has faded. The €2.60 level has emerged as a key support; holding above it in the coming sessions would reinforce the case for a bottom. Still, the distance to the 200-day moving average at €3.95 – a gap of more than 33% – underscores how far the stock has fallen and how much ground it would need to reclaim for a sustained uptrend.
All eyes are now on August, when Xiaomi publishes its next quarterly earnings. The numbers will reveal whether the EV ramp-up can compensate for the chip-induced margin erosion in smartphones – and whether the Adyen partnership is already delivering tangible cost savings. Until then, the stock appears to be marking time, caught between operational improvements and macroeconomic headwinds.
Ad
Xiaomi Stock: New Analysis - 7 July
Fresh Xiaomi information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
