Lenovo, HK0992009065

Lenovo stock rises 4.29 percent to EUR 3.16 with P/ E 68.36

Published on 10/16/2026 at 15:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley raised its target to HKD 46 on October 16, 2026. Lenovo stock costs EUR 3.16 on October 16, 2026, up 4.29 percent versus Frankfurt close.

Analyst view and upcoming results

Morgan Stanley raised its Lenovo target to HKD 46 on October 16, 2026.
First-quarter fiscal 2026/27 revenue reached USD 26.94 billion, up 43.00 percent year over year.
Lenovo stock costs EUR 3.16 at Lang & Schwarz on October 16, 2026 at 3:06 p.m. CEST, 4.29 percent above the Frankfurt close of October 15, 2026.
Lenovo is scheduled to review its six-month results on November 19, 2026.

Lenovo, HK0992009065, Illustration mit AI erstellt.

Lenovo stock (ISIN HK0992009065) was trading at EUR 3.16 at Lang & Schwarz on October 16, 2026 at 3:06 p.m. CEST, up 4.29 percent versus the Frankfurt close of October 15, 2026 at EUR 3.03. The move gives the stock report a clear technical angle, while the latest analyst action provides the stronger investor reference point.

Morgan Stanley lifts its target

Morgan Stanley raised its Lenovo target from HKD 34 to HKD 46 on October 16, 2026, while maintaining an Overweight rating, according to GMT EIGHT. Against Lenovo's HKD 28.06 Hong Kong price on October 16, 2026 at 4:08 p.m. HKT, the target stands 71.06 percent higher.

Revenue sets the operating backdrop

Lenovo's first quarter of fiscal 2026/27 produced USD 26.94 billion in revenue, 43.00 percent above the year-earlier period. Adjusted net income reached USD 1.08 billion, a 176.00 percent increase from USD 389.00 million, according to Business Wire. AI-related revenue rose 60.00 percent to USD 9.30 billion in that quarter, equal to 35.00 percent of group revenue.

Price position and valuation

Lenovo's Hong Kong shares last traded at HKD 28.06 on October 16, 2026 at 4:08 p.m. HKT. The 52-week range was HKD 8.52 to HKD 37.88, placing the price 25.88 percent below the high. Trading volume reached 184,221,097 shares against an average of 99,040,964.

Market capitalization stood at HKD 348.1 billion, with a price-to-earnings ratio of 68.36 and a dividend yield of 0.02 percent. Lenovo is scheduled to review unaudited results for the six months ended September 30, 2026, on November 19, 2026, according to TipRanks.

Comparison with peers

Lenovo: plus 4.29 percent, P/E 68.36, market capitalization HKD 348.1 billion
Sunny Optical Technology (Group) Company: plus 0.96 percent, P/E 11.20, market capitalization HKD 62.0 billion
Shenzhou International Group: minus 0.21 percent, P/E 10.55, market capitalization HKD 56.1 billion

Trading perspective

The current euro quote remains above the prior German reference level, while Lenovo's Hong Kong valuation is materially higher than the peer multiples listed above. The next scheduled results date gives the market a defined checkpoint for testing whether the strong first-quarter growth rate continued into the six months ended September 30, 2026.

Lenovo was trading at EUR 3.16 at Lang & Schwarz on October 16, 2026 at 3:06 p.m. CEST, 4.29 percent above the Frankfurt close of October 15, 2026 at EUR 3.03. The further course of trading is shown by the continuously updated real-time quote of Lenovo stock.