Contemporary Amperex Technology, CNE100003662

Contemporary Amperex Technology stock gets a higher Goldman target

Published on 10/04/2026 at 16:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs set a 12-month CNY 565 target for the A-share listing on October 2. Half-year revenue reached CNY 276.917 billion, up 41.83 percent.

Contemporary Amperex Technology, CNE100003662, Illustration mit AI erstellt.

Contemporary Amperex Technology (ISIN CNE100003662) was last at CNY 291.11 on the Shenzhen Stock Exchange on September 30, 2026, after a 1.50 percent daily gain. The company enters October with a fresh analyst catalyst as Goldman Sachs names CATL its top China battery pick and sets a 12-month target of CNY 565 for the A-share listing.

Goldman targets CNY 565

According to Yahoo Finance on October 2, 2026, Goldman Sachs ranks Contemporary Amperex Technology as its top China battery stock.

The bank's framework assigns a CNY 565 12-month price target to the A-share listing. It highlights CATL's scale, battery technology, cost position and shift from battery cells toward integrated energy solutions.

Half-year revenue rises 41.83 percent

CATL's operating numbers provide the fundamental anchor. MarketScreener reports CNY 276.917 billion of revenue for the first half of 2026, up 41.83 percent from the comparable period, and CNY 43.284 billion of net income.

The second quarter contributed CNY 147.786 billion of revenue and CNY 22.546 billion of net income. The quarterly figures show that the first-half expansion was not limited to the opening quarter.

Energy storage is an important part of that mix. The company is also advancing its European manufacturing footprint, with trial production reported at its Debrecen battery cell plant in Hungary during September 2026.

Consensus stays above the market

MarketScreener lists a Buy consensus from 29 analysts, an average target of CNY 558.88, a high of CNY 800 and a low of CNY 450.

Against the CNY 291.11 reference price, the average target stands 91.99 percent higher. The consensus spread also shows why expectations are material: the low target remains 54.61 percent above the reference price, while the high target is 174.77 percent higher.

Goldman Sachs identifies slower global electric vehicle and energy storage demand, higher raw-material costs and intensifying competition as key risks to the thesis. For investors, CATL's earnings growth and the pace of its move into integrated energy systems are the central numbers to track.

CATL stock remains below its yearly high

Contemporary Amperex Technology stock was last at CNY 291.11 on the Shenzhen Stock Exchange on September 30, 2026, with volume of 29,699,471 shares. The price stood 37.90 percent below the 52-week high of CNY 468.75 and above the 52-week low of CNY 285.74.