JPMorgan cuts target for BYD Company stock from HKD 124.00 to HKD 88.00

Published on 10/02/2026 at 17:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2025 revenue rose 3.46 percent to CNY 803.96 billion. BYD Company stock stood at EUR 8.41 on October 2, 2026 versus EUR 8.61.

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BYD Company stock was trading at EUR 8.41 at Lang & Schwarz on October 2, 2026 at 5:30 p.m. CEST, down 2.32 percent versus the EUR 8.61 prior close of October 1, 2026. The move followed JPMorgan's target cut from HKD 124.00 to HKD 88.00 on September 30, 2026, according to Investing.com. The headline event is a 29.03 percent reduction in the target, calculated against the former HKD 124.00 level.

JPMorgan lowers the target

Investing.com lists JPMorgan's new Hold stance with an HKD 88.00 target and the prior HKD 124.00 target dated September 30, 2026. The target change contrasts with the page's broader analyst table, which shows 23 Buy ratings and 5 Hold ratings across 28 analysts.

Fiscal 2025 shows mixed growth

BYD's investor-relations page reports fiscal 2025 revenue of CNY 803.96 billion, up 3.46 percent from CNY 777.10 billion in fiscal 2024, according to BYD Company. Net income attributable to listed-company shareholders fell 18.97 percent to CNY 32.62 billion from CNY 40.25 billion over the same periods. The combination gives the target cut a clear earnings backdrop: sales expanded, but reported profitability declined.

November results set the next marker

The next earnings report is listed for November 3, 2026, by Investing.com. That date gives investors a defined checkpoint after the September target revision, while the current market capitalization stands at HKD 671.4 billion as of October 2, 2026.

Hong Kong range frames the valuation

BYD's investor-relations page identifies the H shares under ticker 1211.HK on the Hong Kong Stock Exchange, while the finance profile places the company in Consumer Cyclical and Auto - Manufacturers. The HKD 71.40 to HKD 113.40 52-week range, measured as of October 2, 2026, shows a HKD 42.00 spread between the yearly low and high. The reference euro quote belongs to Lang & Schwarz and is kept separate from the Hong Kong market figures.

Euro quote stays below the prior close

BYD Company stock was trading at EUR 8.41 at Lang & Schwarz on October 2, 2026 at 5:30 p.m. CEST, down 2.32 percent versus the EUR 8.61 prior close of October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of BYD Company stock.