Goldman Sachs set a 12-month price target of HK$2.03 for SenseTime (00020.HK),
based on a two-stage DCF with a WACC of 11.5% and a terminal growth rate of 2%.
The bank met SenseTime executives in Hong Kong to discuss compute-platform
expansion, AI strategy and customer-demand and client-base growth. Goldman says
the company's multi-modal and long-context AI agent capabilities could deliver
higher-quality outputs with lower token consumption in office and
content-creation use cases, potentially accelerating customer adoption and AI
spending.
