Lenovo, HK0992009065

Morgan Stanley adjusts target for Lenovo stock to HKD 49

Published on 10/20/2026 at 09:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 26.94 billion, up 43.00 percent in the first quarter of fiscal 2026/27. Lenovo stock costs EUR 2.87 on October 20, 2026.

Analysts reset valuation

Morgan Stanley set a HKD 49 target for Lenovo on October 19, 2026.
First-quarter revenue reached USD 26.94 billion, up 43.00 percent year on year.
Lenovo stock trades at EUR 2.87 at 9:07 a.m. CEST at Lang & Schwarz on October 20, 2026.

Lenovo, HK0992009065, Illustration mit AI erstellt.

Lenovo Group Limited (ISIN HK0992009065) is trading at EUR 2.87 at Lang & Schwarz on October 20, 2026 at 9:07 a.m. CEST. MarketScreener reported on October 19, 2026 that Morgan Stanley adjusted its Lenovo target to HKD 49.

What does HKD 49 signal?

The target update keeps valuation at the center of the Lenovo story after a powerful first quarter. Futunn reported on October 12, 2026 that Morgan Stanley maintained an Overweight rating and a HKD 46 target, citing higher PC average selling prices and improving infrastructure profitability.

The main operating comparison is Lenovo's first quarter of fiscal 2026/27. According to Business Wire, revenue rose 43.00 percent year on year to USD 26.94 billion for the quarter ended June 30, 2026. Adjusted net income increased 176.00 percent to USD 1.08 billion, while AI-related revenue grew 60.00 percent to USD 9.30 billion.

Three valuation steps

Lenovo's recent chronology shows how the valuation case developed. On August 13, 2026, the company reported USD 26.94 billion in first-quarter revenue. On October 12, 2026, Morgan Stanley kept its HKD 46 target, according to Futunn. On October 19, 2026, Morgan Stanley adjusted the target to HKD 49, as reported by MarketScreener.

When are results due?

The next dated company event is Lenovo's second-quarter earnings release on November 19, 2026, listed in the company's reporting calendar by MarketScreener. That report will test whether the first-quarter acceleration can carry into the cost-sensitive second half.

Lenovo price and next test

Lenovo's infrastructure business is becoming more important to the earnings debate as AI demand supports higher-value servers and services. The stock was trading at EUR 2.87 at Lang & Schwarz on October 20, 2026 at 9:07 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Lenovo stock.