Oriental Securities set CNY 7.62 target for TCL Tech stock

Published on 10/12/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Half-year revenue reached CNY 88.65 billion, up 3.60 percent year over year. For TCL Tech stock this means CNY 3.81 billion net profit.

Key points in brief

Oriental Securities set a CNY 7.62 target for TCL Tech stock on September 24, 2026.
TCL Tech reported CNY 88.65 billion in first-half 2026 revenue, up 3.60 percent year over year.
Net profit attributable to shareholders reached CNY 3.81 billion, up 102.20 percent.
The latest Shenzhen quote was CNY 4.52 on October 12, 2026, while the 52-week range was CNY 4.04 to CNY 6.26.

TCL Tech, CNE000001GL8, Illustration mit AI erstellt.

Oriental Securities set a CNY 7.62 target for TCL Tech stock on September 24, 2026, while maintaining a Buy rating, according to JRJ. The call followed TCL Tech's first-half 2026 profit surge and a more constructive view of display-panel pricing.

Profit growth outpaced revenue

In the first half of 2026, TCL Tech reported revenue of CNY 88.65 billion, up 3.60 percent year over year. Net profit attributable to shareholders reached CNY 3.81 billion, up 102.20 percent, while non-GAAP net profit stood at CNY 3.14 billion, up 101.40 percent, according to Futunn.

The earnings mix matters more than the top-line increase. In the second quarter of 2026, non-GAAP net profit reached CNY 1.99 billion, up 230.00 percent year over year and 72.00 percent quarter over quarter, according to Futunn. That gap between revenue and profit growth points to improved earnings leverage rather than a volume-led expansion alone.

Panel pricing is the central variable

Futunn reported on September 24, 2026 that TV-panel manufacturers had issued price-adjustment notices as supply and demand improved. The same analysis identified weaker panel demand, slower capacity ramp-up and photovoltaic demand as risks to the outlook.

A separate investor-relations response cited by Futunn said TCL Zhonghuan, a controlled subsidiary, shipped 689 MSI of semiconductor wafers in the first half of 2026, up 17.00 percent year over year. The figure gives investors a second operating marker beyond display panels.

What does the target mean for valuation?

The CNY 7.62 target stands against a latest Shenzhen quote of CNY 4.52 on October 12, 2026 at 3:04 p.m. CST. The same quote was within a CNY 4.04 to CNY 6.26 52-week range, while market capitalization was CNY 94.0 billion.

Three dated signals for the stock

On September 24, 2026, Oriental Securities set its CNY 7.62 target. On October 3, 2026, a market analysis highlighted first-half revenue of CNY 88.65 billion and net profit growth of 102.20 percent. On October 10, 2026, TCL Zhonghuan disclosed 689 MSI of semiconductor-wafer shipments, up 17.00 percent year over year.

Next reporting date

TradingView lists October 22, 2026 as the next earnings date for TCL Technology Group Corporation Class A. The company picture therefore combines a dated earnings catalyst with an operating question: whether panel pricing can sustain the profit acceleration.

Shenzhen price and investor context

TCL Tech was last at CNY 4.52 on the Shenzhen Stock Exchange on October 12, 2026 at 3:04 p.m. CST. Its 52-week range was CNY 4.04 to CNY 6.26, and its market capitalization was CNY 94.0 billion.