Lenovo, HK0992009065

GF Securities keeps a Buy rating on Lenovo Group stock at HKD 48.00

Published on 10/21/2026 at 09:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 26.9 billion in Q1 FY26/27, up 43.00 percent year over year. Lenovo Group stock costs EUR 2.95 on October 21, 2026.

AI growth and upcoming dates

GF Securities maintained its HKD 48.00 Lenovo target on October 20, 2026.
First-quarter fiscal 2026/27 revenue reached USD 26.9 billion, up 43.00 percent year over year.
Lenovo Group stock traded at EUR 2.95 at 9:38 a.m. CEST at Lang & Schwarz on October 21, 2026.
The board is scheduled to review interim results on November 19, 2026.

Lenovo, HK0992009065, Illustration mit AI erstellt.

Lenovo Group (ISIN HK0992009065) kept a Buy rating and an HKD 48.00 price target from GF Securities on October 20, 2026, according to TokenPost. The brokerage pointed to Lenovo's server business and rising artificial intelligence wins, keeping the analyst debate centered on infrastructure growth rather than personal computers alone.

AI revenue sets the benchmark

Lenovo's first quarter of fiscal 2026/27, ended June 30, 2026, produced revenue of USD 26.9 billion, a 43.00 percent increase from USD 18.8 billion a year earlier, the company said in its Lenovo investor-relations release. Adjusted net income rose 176.00 percent to USD 1.1 billion, while AI-related revenue increased 60.00 percent to USD 9.3 billion and represented 35.00 percent of group revenue.

What does AI growth mean?

The operating mix gives the HKD 48.00 target a measurable foundation. Infrastructure Solutions Group revenue rose 98.00 percent year over year to USD 8.5 billion in the first quarter, while its operating profit reached USD 777.0 million and its operating margin reached 9.1 percent, according to the same dated company release. That contrast with the broader 43.00 percent group increase shows why server execution is central to the current valuation discussion.

Three events shape the story

On August 13, 2026, Lenovo reported USD 26.9 billion in first-quarter revenue and USD 1.1 billion in adjusted net income in a Business Wire release. On October 10, 2026, Lenovo announced that Tech World would return during CES 2027, with the event scheduled for January 6, 2027. On October 20, 2026, GF Securities reiterated its Buy rating and HKD 48.00 target, as reported by TokenPost.

Dates investors can quantify

Lenovo's board is scheduled to review unaudited six-month results for the period ended September 30, 2026, on November 19, 2026, and will consider an interim dividend, according to TipRanks. Lenovo's Tech World event is scheduled for January 6, 2027, at CES in Las Vegas, based on the company's Business Wire announcement.

Stock price and valuation signals

The immediate market signal is separate from the analyst target. Lenovo Group stock was trading at EUR 2.95 at Lang & Schwarz on October 21, 2026 at 9:38 a.m. CEST, in the pre-market phase. For investors, the key test is whether the forthcoming interim figures can support the server-led growth rates that underpin the latest HKD 48.00 view. The further course of trading is shown by the continuously updated real-time quote of Lenovo stock.