Foxconn Industrial Internet, CNE1000031P3

Foxconn Industrial Internet stock enters October with 91 percent profit growth

Published on 10/05/2026 at 17:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Foxconn Industrial Internet stock was last at CNY 58.20 on September 30, 2026, while Q2 net income reached CNY 13.146 billion. Revenue rose 53.1 percent year over year.

Foxconn Industrial Internet, CNE1000031P3, Illustration mit AI erstellt.

Foxconn Industrial Internet (ISIN CNE1000031P3) was last at CNY 58.20 on the Shanghai Stock Exchange on September 30, 2026, with 51,810,612 shares traded. The latest operating signal is the companys second-quarter profit, which rose 91 percent year over year to CNY 13.146 billion, according to Futubull on August 12, 2026.

Q2 profit sets a record

The Q2 result exceeded Foxconn Industrial Internets CNY 12.799 billion quarterly profit from Q4 2025 and increased 24.1 percent from Q1 2026. Futubull reported that first-half net income attributable to shareholders reached CNY 23.740 billion, up 95.99 percent from the prior-year period.

The figures point to faster earnings conversion rather than revenue growth alone. Q2 net profit reached CNY 13.146 billion while Q2 revenue climbed 53.1 percent year over year to CNY 306.783 billion, according to Futubull.

Cloud revenue leads expansion

First-half revenue reached CNY 557.861 billion, an increase of 54.63 percent year over year. The cloud-computing business grew 75.7 percent, while AI server revenue for cloud service providers increased 230 percent, according to Futubull.

That mix matters because the company is moving further into data-center infrastructure and higher-value computing systems. Futubull cited GPU-based AI server rack shipment growth of 320 percent and ASIC-based rack shipment growth of 300 percent in the first half of 2026.

Consensus points above the stock

A 21-analyst consensus published by Eulerpool assigns Foxconn Industrial Internet a Buy rating, with 19 Buy ratings, 2 Hold ratings and 0 Sell ratings. The average target is CNY 90.43 and the median is CNY 92.57.

Using the CNY 58.20 market price on September 30, 2026, the average target lies 55.4 percent above the price. The valuation view carries a clear risk: the same earnings analysis cites geopolitical disruption, customer concentration, component volatility and capital expenditure as factors that could affect the AI infrastructure expansion.

October 30 is the next checkpoint

Simply Wall St lists October 30, 2026 as the date for Foxconn Industrial Internets Q3 2026 results. That report will show whether the Q2 acceleration continued after first-half revenue reached CNY 557.861 billion.

Stock stays below its yearly high

Foxconn Industrial Internet was last at CNY 58.20 on September 30, 2026, while its 52-week range was CNY 47.35 to CNY 84.95 and market capitalization was CNY 1.2 trillion. The price stood 31.5 percent below the 52-week high.