Lenovo, HK0992009065

Lenovo stock: At EUR 2.61, Lenovo stock falls 12.71 percent versus Tradegate close

Published on 10/22/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AI revenue rose 60.00 percent to USD 9.30 billion in Q1. Lenovo stock costs EUR 2.61 on October 22, 2026, down 12.71 percent versus Tradegate close.

GF target and reporting date

GF Securities reiterated a Buy rating and HKD 48.00 target on October 20, 2026.
AI-related revenue reached USD 9.30 billion in the first quarter of fiscal 2026/27.
Lenovo stock costs EUR 2.61 at Lang & Schwarz on October 22, 2026 at 3:05 p.m. CEST, 12.71 percent below the Tradegate close of October 21, 2026.
Lenovo is scheduled to report quarterly results on November 19, 2026.

Lenovo, HK0992009065, Illustration mit AI erstellt.

Lenovo Group Limited (ISIN HK0992009065) is trading sharply lower in Germany, while GF Securities reiterated its Buy rating and HKD 48.00 price target on October 20, 2026, according to Seeking Alpha. At Lang & Schwarz, Lenovo was trading at EUR 2.61 on October 22, 2026 at 3:05 p.m. CEST, down 12.71 percent versus the Tradegate close of October 21, 2026 at EUR 2.99.

AI revenue reached USD 9.30 billion

Lenovo's first quarter of fiscal 2026/27 produced USD 26.90 billion in revenue, up 43.00 percent year over year, while AI-related revenue rose 60.00 percent to USD 9.30 billion. Adjusted net income increased 176.00 percent to USD 1.10 billion, and adjusted net margin improved by almost two percentage points, according to the company's investor-relations page.

PC shipments add a counterweight

The growth profile still has a hardware risk. In a report dated October 14, 2026, UOB Kay Hian Singapore said Lenovo's PC shipments fell 22.60 percent year over year and 10.20 percent quarter over quarter to 14.90 million units in the third quarter of 2026. The firm kept a Buy rating and a HKD 49.00 target, citing front-loaded demand and higher memory costs.

What comes next for Lenovo?

Lenovo is scheduled to report quarterly results on November 19, 2026, a date also cited by Seeking Alpha. Lenovo is listed on the Hong Kong Stock Exchange under ticker 992, and the home-market quote was HKD 23.16 on October 22, 2026 at 4:08 p.m. HKT. Its reported market capitalization was HKD 297.1 billion at that quote timestamp.

Lenovo stock faces a key price test

The German quote is 12.71 percent below the October 21 Tradegate close, giving the current move a clear technical weight. The contrast is notable: the latest quarterly revenue grew 43.00 percent, but the stock is trading below the recent German reference level as investors weigh server strength against weaker PC shipment data.

Lenovo was trading at EUR 2.61 at Lang & Schwarz on October 22, 2026 at 3:05 p.m. CEST, down 12.71 percent versus the Tradegate close of October 21, 2026 at EUR 2.99. The further course of trading is shown by the continuously updated real-time quote of Lenovo stock.