Midea stock: Board meeting set for October 29. Midea stock is 19.57 percent below target

Published on 10/21/2026 at 16:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit HKD 128.92 billion for the quarter. Midea stock costs EUR 10.58 on October 21, 2026, down 0.38 percent versus the Stuttgart close.

Board date and operating figures

Midea's board meeting on October 29, 2026 will cover third-quarter results.
June-quarter revenue reached HKD 128.92 billion, versus HKD 123.90 billion a year earlier.
Midea stock costs EUR 10.58 at Lang & Schwarz on October 21, 2026 at 4:28 p.m. CEST, down 0.38 percent versus the Stuttgart close of October 20, 2026.
Midea trades at a 14.36 price-to-earnings ratio with CNY 639.9 billion in market capitalization as of October 21, 2026.

Midea, CNE100006M58, Illustration mit AI erstellt.

Midea (ISIN CNE100006M58) will hold a board meeting on October 29, 2026, to review and approve third-quarter results for the nine months ended September 30, according to Futubull on October 14, 2026. MarketScreener listed a mean target of CNY 100.27 from 23 analysts, 19.57 percent above Midea's Shenzhen price of CNY 83.86 on October 21, 2026.
Midea was trading at EUR 10.58 at Lang & Schwarz on October 21, 2026 at 4:28 p.m. CEST, down 0.38 percent versus the Stuttgart close of October 20, 2026 at EUR 10.62.

Quarterly revenue sets the baseline

Midea's latest reported quarter ended June 30, 2026. According to Markets Insider on October 15, 2026, revenue was HKD 128.92 billion, up from HKD 123.90 billion in the same quarter a year earlier. Net profit reached HKD 13.71 billion, compared with HKD 13.59 billion previously.

What does October 29 add?

The October 29 meeting will address the nine months ended September 30, 2026, giving investors the next reported period for testing domestic demand, overseas appliances and Midea's business-to-business expansion. Midea's 2025 annual report recorded RMB 458.5 billion in revenue and RMB 43.95 billion in net profit, while overseas revenue reached RMB 195.9 billion, according to the company's Midea investor page.

Price position on October 21

On Shenzhen, Midea last traded at CNY 83.86 on October 21, 2026 at 3:04 p.m. CST, down 1.67 percent on the day. Its 52-week range was CNY 71.77 to CNY 89.50, and its market capitalization was CNY 639.9 billion. The price-to-earnings ratio stood at 14.36.

Comparison with peers

Midea: down 1.67 percent, price-to-earnings ratio 14.36, market capitalization CNY 639.9 billion.
Gree Electric Appliances: down 3.81 percent, price-to-earnings ratio 7.41, market capitalization CNY 207.4 billion.
Haier Smart Home: down 2.09 percent, price-to-earnings ratio 10.15, market capitalization CNY 183.1 billion.

Euro quote before the close

Midea's euro quotation was 0.38 percent below the Stuttgart close of October 20, 2026. The next scheduled company event is the October 29, 2026 board meeting on third-quarter results, as reported by Futubull. Midea was trading at EUR 10.58 at Lang & Schwarz on October 21, 2026 at 4:28 p.m. CEST, down 0.38 percent versus the Stuttgart close of October 20, 2026 at EUR 10.62. The further course of trading is shown by the continuously updated real-time quote of Midea stock.