Lenovo, HK0992009065

Lenovo stock: UOB maintains HKD 49.00 target for Lenovo stock

Published on 10/19/2026 at 16:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter PC shipments fell 22.60 percent to 14.90 million units. Lenovo stock costs EUR 3.17 on October 19, 2026 at 4:01 p.m. CEST.

Analyst view and operating data

UOB Kay Hian maintained a HKD 49.00 target on October 14, 2026.
Third-quarter PC shipments fell 22.60 percent to 14.90 million units.
Lenovo stock costs EUR 3.17 at Lang & Schwarz on October 19, 2026 at 4:01 p.m. CEST.
Lenovo's next earnings report is scheduled for November 19, 2026.

Lenovo, HK0992009065, Illustration mit AI erstellt.

UOB Kay Hian maintained its Buy rating and a HKD 49.00 target for Lenovo on October 14, 2026, putting the target 57.56 percent above the HKD 31.10 price cited in the note. Lenovo stock was trading at EUR 3.17 at Lang & Schwarz on October 19, 2026 at 4:01 p.m. CEST.

PC shipments weakened in the third quarter

UOB Kay Hian reported that 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. The total was 7.50 percent below the firm's estimate and about 4.00 percent below consensus. The report attributed the shortfall to stronger front-loaded demand in the first half of fiscal 2026.

Stock remains below its yearly high

Lenovo's HKEX share price was HKD 28.06 on October 16, 2026, against a 52-week range of HKD 8.52 to HKD 37.88. That places the share 25.92 percent below the high. The same quotation showed 184,219,097 shares traded against an average volume of 100,197,880.

Valuation and November reporting date

The market capitalization was HKD 348.1 billion on October 16, 2026, while the trailing price-to-earnings ratio was 68.37 and the dividend yield was 0.02 percent. TradingView lists November 19, 2026 as Lenovo's next earnings report date.

Comparison with peers

Lenovo Group (HKEX, HKD): P/E 68.37, market capitalization HKD 348.1 billion

Dell Technologies (NYSE, USD): plus 2.39 percent, P/E 26.70, market capitalization USD 294.1 billion

HP (NYSE, USD): plus 0.93 percent, P/E 11.55, market capitalization USD 27.3 billion

Euro quotation for German investors

The Lang & Schwarz quote places Lenovo at EUR 3.17 on October 19, 2026 at 4:01 p.m. CEST. The Hong Kong quotation and the euro indication represent separate trading venues and currencies.

The further course of trading is shown by the continuously updated real-time quote of Lenovo stock.