Lenovo stock falls 3.95 percent to EUR 3.53
Published on 10/13/2026 at 13:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Lenovo stock was trading at EUR 3.53 at Lang & Schwarz on October 13, 2026, down 3.95 percent versus the Tradegate close.
- Morgan Stanley maintained a HKD 46.00 target for Lenovo on October 9, 2026.
- Lenovo stock stood at EUR 3.53 at 1:19 p.m. CEST, 3.95 percent below the Tradegate close of October 12, 2026.
- Lenovo's market capitalization was HKD 385.8 billion and its price-to-earnings ratio was 75.77 on October 13, 2026.
Lenovo stock (ISIN HK0992009065) was trading at EUR 3.53 at Lang & Schwarz on October 13, 2026 at 1:19 p.m. CEST, down 3.95 percent versus the Tradegate close of October 12, 2026 at EUR 3.68. Morgan Stanley maintained an Overweight rating and a HKD 46.00 target in its October 9, 2026 report, according to Futunnam.
Target remains above the market
Morgan Stanley's HKD 46.00 target stands 47.91 percent above Lenovo's HKD 31.10 Hong Kong price on October 13, 2026. The firm cited higher PC average selling prices as a counterweight to shipment pressure while retaining its Overweight view.
Revenue and AI sales expand
Lenovo reported USD 26.90 billion of revenue in the first quarter of fiscal 2026/27, up 43.00 percent year over year. Adjusted net income reached USD 1.10 billion in the same period, an increase of 176.00 percent, while AI-related revenue rose 60.00 percent to USD 9.30 billion, according to Lenovo.
Stock remains below its yearly high
Lenovo's HKD 31.10 price on October 13, 2026 was 17.89 percent below the HKD 37.88 52-week high and 264.55 percent above the HKD 8.52 low. The Hong Kong listing had a market capitalization of HKD 385.8 billion and a price-to-earnings ratio of 75.77 on the same date.
Comparison with peers
Lenovo: minus 3.95 percent, P/E 75.77, market capitalization HKD 385.8 billion
Dell Technologies (NYSE, USD): minus 1.69 percent, P/E 33.44, market capitalization USD 382.7 billion
HP (NYSE, USD): minus 1.09 percent, P/E 11.40, market capitalization USD 27.3 billion
Trading level and valuation
The current euro quotation is 15.08 percent below the EUR 4.16 level available at Lang & Schwarz on October 12, 2026. Lenovo's Hong Kong price remains above its 52-week midpoint of HKD 23.20, but its valuation multiple is higher than those of Dell Technologies and HP on the same dated comparison.
Price stays under pressure
At Lang & Schwarz, Lenovo stock was trading at EUR 3.53 on October 13, 2026 at 1:19 p.m. CEST, down 3.95 percent versus the Tradegate close of October 12, 2026 at EUR 3.68.
The further course of trading is shown by the continuously updated real-time quote of Lenovo stock.
Lenovo market data
- Company: Lenovo Group Limited
- ISIN: HK0992009065
- Ticker: 992
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz as of October 13, 2026, 1:19 p.m. CEST: EUR 3.53
- Change versus Tradegate close: minus 3.95 percent
- Tradegate close October 12, 2026: EUR 3.68
- Market capitalization: HKD 385.8 billion as of October 13, 2026
- 52-week range: HKD 8.52-HKD 37.88 as of October 13, 2026
- Sector / Industry: Technology / Computer hardware
