Contemporary Amperex Technology, CNE100003662

Goldman Sachs cuts CATL target to HKD 859 for Contemporary Amperex Technology stock

Published on 10/19/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CATL sees third-quarter net profit at RMB 24.0 billion, up 30.00 percent year over year. Contemporary Amperex Technology stock has results due October 20, 2026.

Targets operations and results

Goldman Sachs cut its CATL H-share target to HKD 859 on October 18, 2026.
A CATL and SERES project is planned to add 10 to 12 GWh of annual capacity.
Third-quarter results are due on October 20, 2026, with revenue estimated at CNY 183.00 billion.

Contemporary Amperex Technology, CNE100003662, Illustration mit AI erstellt.

Contemporary Amperex Technology stock faces an analyst target cut before its third-quarter results, with GMT EIGHT reporting on October 18, 2026 that Goldman Sachs lowered its H-share target to HKD 859 while keeping a Buy rating. The report also puts projected third-quarter net profit at RMB 24.0 billion, up 30.00 percent year over year.

Three recent figures frame CATL

The recent sequence shows a company expanding capacity while analysts debate unit economics. On October 10, 2026, CATL and SERES signed a long-term agreement covering a second phase with planned annual capacity of 10 to 12 GWh, according to CATL.

On October 12, 2026, CATL said it had joined all three Global Battery Alliance battery passport pilot waves. The company linked the program to value-chain transparency and its 2035 carbon-neutrality goal, according to CATL. The October 18 target decision is the latest event in this chronology.

What does the target cut mean for earnings?

Goldman Sachs expects higher sales volumes to be offset by more cautious unit-margin assumptions. Its report forecasts third-quarter sales of 260 GWh and unit net profit of RMB 93 per kWh, giving investors a direct operating counterpoint to the RMB 24.0 billion profit estimate.

Results date sets the next test

Moomoo lists October 20, 2026 as the expected date for third-quarter results, with consensus revenue of CNY 183.00 billion and net income of CNY 31.44 billion. The same page identifies the October 20 board meeting as the event tied to approval of the results. These figures give the target cut an immediate test: reported profit, sales and unit economics will be read against the estimates.

CATL stock and the next date

On Shenzhen, Contemporary Amperex Technology was last at CNY 267.02 on October 19, 2026. The exchange listing is 300750.SZ, and the security is identified with ISIN CNE100003662 by Global Banking and Finance. The next dated company event is the October 20 results announcement.