JPMorgan sets a CNY 100 target for Midea stock

Published on 10/19/2026 at 10:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan sets a CNY 100.00 target for Midea stock. It costs EUR 10.67 on October 19, 2026, while analysts expect HKD 136.78 billion revenue on October 29.

Analyst view and results date

JPMorgan set a CNY 100.00 price target for Midea on October 19, 2026.
Analysts expect HKD 136.78 billion in revenue for the quarter ending September 30, 2026.
Midea stock trades at EUR 10.67 at 10:13 a.m. CEST at Lang & Schwarz on October 19, 2026.

Midea, CNE100006M58, Illustration mit AI erstellt.

Midea (CNE100006M58) faces a CNY 100.00 price target from JPMorgan, according to Futu on October 19, 2026. The target gives the appliance and technology group a fresh analyst valuation marker before its next results review.

Three events set the sequence

On October 9, 2026, Midea completed the acquisition of Esaote, according to FinanzNachrichten. From October 13 to October 15, 2026, Midea presented heating and energy products at Chillventa, including a system with a 30 percent larger air outlet area, as FinanzNachrichten reported on October 15, 2026. On October 19, 2026, JPMorgan set the CNY 100.00 target for Midea.

What does October 29 mean for estimates?

Midea is scheduled to review its third-quarter results on October 29, 2026, covering the nine months ended September 30, 2026, according to Futu. Analysts expect revenue of HKD 136.78 billion for the quarter, up 11.38 percent from HKD 122.80 billion in the year-earlier quarter, according to finanzen.ch. The forecast puts revenue growth alongside the CNY 100.00 target as the next measurable test.

What the latest quarter showed

For the second quarter of 2026, Midea reported revenue of HKD 128.92 billion and net profit of HKD 13.71 billion, compared with HKD 123.90 billion and HKD 13.59 billion a year earlier, according to Markets Insider. The figures show revenue growing faster than profit in that period, making margin development a key part of the October disclosure.

Stock price and investor reference

Midea was trading at EUR 10.67 at Lang & Schwarz on October 19, 2026 at 10:13 a.m. CEST. On the Hong Kong Stock Exchange, the stock was last at HKD 93.95 on October 16, 2026 at 4:08 p.m. HKT, within a 52-week range of HKD 77.65 to HKD 101.70. The market capitalization was HKD 716.9 billion as of October 16, 2026. The further course of trading is shown by the continuously updated real-time quote of Midea stock.