Xiaomi (1810.HK) enters the next three years after a powerful rerating. Over the past year, the stock is up 185.10%, and it now trades near 57.85, close to its 52‑week high of 61.45. Underneath the rally, fundamentals have improved: trailing‑twelve‑month revenue is 428.76B with profit margin of 8.68% and operating margin of 8.61%. Growth has reaccelerated, with quarterly revenue up 30.50% year over year and quarterly earnings growth of 133.50%. The balance sheet shows 111.93B in cash against 28.91B in debt, a current ratio of 1.29, and operating cash flow of 64.82B. With leaks highlighting an upcoming flagship cycle, investors are debating whether premiumization and AI‑centric features can sustain momentum. This note outlines key drivers, scenarios, and risks through September 2028.
QuantumScape (QS) enters the next three years with rising visibility but persistent execution risk. The stock has rebounded sharply since late June on headlines highlighting a live solid‑state battery demo in a Ducati, punctuating months of volatility. Financially, QS remains pre‑revenue with negative EBITDA and net income, yet it holds substantial cash and minimal debt, giving it room to pursue commercialization. The share price sits well above its 200‑day average and the 52‑week change is positive, underscoring momentum—and a high beta amplifies swings. Short interest remains elevated, reflecting skepticism alongside growing optimism. The key question from here: can demos translate into durable customer programs and, ultimately, revenue without heavy dilution? This outlook assesses QS’s milestones, funding profile, competitive positioning, and catalysts that could shape the stock through September 2028.
Aston Martin Lagonda’s shares have been volatile in 2025, with a sharp drawdown in late February followed by a choppy recovery. As of September 2025, the stock sits below its 200‑day moving average and well off its 52‑week high, reflecting investor caution over profitability and leverage. The company’s trailing 12‑month revenue is 1.44B, but margins are negative and levered free cash flow remains under pressure. Debt of 1.5B and a modest cash balance of 199.5M keep refinancing and execution risks in focus, even as EBITDA is positive and operating cash flow is positive on a trailing basis. With insiders holding a majority stake and a relatively small free float, price swings can be amplified. Over the next three years, progress on margin repair, cash self‑sufficiency, and balance‑sheet resilience will likely drive the equity story.
Stellantis (STLA) enters September 2025 with shares near 9.72, down 36% over the past year, as softer auto demand and model transitions weigh on results. Trailing-12-month revenue stands at 146.12B, but profitability has turned negative, with a -1.64% profit margin and -0.68% operating margin; net income to common is -2.39B. Liquidity remains meaningful with 30.97B in cash against 40.85B of total debt and a current ratio of 1.06. The stock trades at low multiples (price/book 0.33; forward P/E 5.64) and offers a 7.92% forward dividend yield, signaling a value case contingent on margin repair. Strategically, management is emphasizing pragmatic electrification and pulling back from fully self-driving cars, while refreshing key brands such as Jeep and Alfa Romeo. Analysts like Kepler Capital remain supportive with a Buy.
Volkswagen AG’s preferred shares (VOW3.DE) sit near 99.02 as of
- TotalEnergies three‑year outlook: cash resilience, high yield, project risks
- Tesla three‑year outlook: AI optionality vs margin pressure as shares hover near long‑term averages
- BYD Company (1211.HK): three-year outlook after post-split consolidation and margin rebuild
- Toyota Motor (7203.T): Tariff-hit outlook, dividends and cash shape a three-year path
