Lenovo, HK0992009065

Lenovo stock: Goldman Sachs raises target for Lenovo stock from HKD 27 to HKD 31

Published on 10/21/2026 at 16:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lenovo reports next on November 19, 2026. Lenovo stock costs EUR 2.96 on October 21, 2026, up 1.37 percent versus the Xetra close of EUR 2.92.

Analyst and trading markers

Goldman Sachs raised Lenovo's target from HKD 27 to HKD 31 on October 20, 2026.
First-quarter fiscal 2026/27 revenue reached USD 26.94 billion, up 43.00 percent year over year.
Lenovo stock costs EUR 2.96 at Lang & Schwarz on October 21, 2026 at 3:59 p.m. CEST, 1.37 percent above the Xetra close of October 20, 2026.
Lenovo's board is scheduled to review half-year results on November 19, 2026.

Lenovo, HK0992009065, Illustration mit AI erstellt.

Lenovo stock (ISIN HK0992009065) has a new Goldman Sachs target of HKD 31, up from HKD 27, after the firm maintained its Buy rating on October 20, 2026. According to GMT EIGHT, the new target is 19.23 percent above Lenovo's HKD 26.00 Hong Kong price. Lenovo was trading at EUR 2.96 at Lang & Schwarz on October 21, 2026 at 3:59 p.m. CEST, up 1.37 percent versus the Xetra close of October 20, 2026 at EUR 2.92.

Revenue sets a high bar

Lenovo reported USD 26.94 billion in revenue for the first quarter of fiscal 2026/27, up 43.00 percent from USD 18.83 billion in the year-earlier quarter. The release dated August 13, 2026 also showed adjusted net income of USD 1.08 billion, compared with USD 389.00 million a year earlier. Business Wire reported that AI-related revenue rose 60.00 percent to USD 9.30 billion in the same quarter.

Price position remains wide

On the Hong Kong Stock Exchange, Lenovo was last at HKD 26.00 on October 21, 2026 at 4:08 p.m. HKT. Its 52-week range was HKD 8.52 to HKD 37.88, while market capitalization stood at HKD 333.5 billion and volume reached 126,922,350 shares. The Hong Kong price was 31.36 percent below its 52-week high.

What does the target imply?

The Goldman Sachs target of HKD 31.00 stands 19.23 percent above the HKD 26.00 Hong Kong price. The next company date is November 19, 2026, when Lenovo's board is scheduled to review unaudited half-year results for the period ended September 30, 2026 and consider an interim dividend, as Boerse Express reported on October 17, 2026.

Trading and reporting markers

The combination of a 43.00 percent revenue increase and a 19.23 percent target premium puts the November review at the center of the next valuation test. The board date also gives investors a concrete point for checking whether infrastructure growth and AI-related sales are translating into stronger earnings quality.

Lenovo stock closes the gap

Lenovo's euro quote was EUR 2.96 at Lang & Schwarz on October 21, 2026 at 3:59 p.m. CEST, 1.37 percent above the Xetra close of October 20, 2026 at EUR 2.92. The Hong Kong listing was last at HKD 26.00 on October 21, 2026 at 4:08 p.m. HKT. The further course of trading is shown by the continuously updated real-time quote of Lenovo stock.