J.P. Morgan sets HKD 40.00 target for Ganfeng stock

Published on 10/15/2026 at 21:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached CNY 36.20 billion and net profit CNY 5.00 billion. Ganfeng stock costs EUR 3.10 on October 15, 2026.

Analyst target and trading figures

On October 10, 2026, J.P. Morgan set an HKD 40.00 target, 56.25 percent above the HKD 25.60 last price.
Third-quarter 2026 revenue reached CNY 36.20 billion, up 147.24 percent year over year.
Ganfeng stock traded at EUR 3.10 at 9:01 p.m. CEST at Lang & Schwarz on October 15, 2026.
Ganfeng had a CNY 83.90 billion market capitalization and a 12.99 P/E ratio.

Ganfeng, CNE1000031W9, Illustration mit AI erstellt.

J.P. Morgan maintained its Buy rating on Ganfeng and set an HKD 40.00 price target, 56.25 percent above the HKD 25.60 last price on October 15, 2026. The Globe and Mail reported the target on October 10, 2026. Ganfeng's euro price was EUR 3.10 at Lang & Schwarz on October 15, 2026 at 9:01 p.m. CEST.

Third-quarter revenue jumps 147.24 percent

Ganfeng reported third-quarter 2026 revenue of CNY 36.20 billion, up 147.24 percent from the same period a year earlier. Net profit attributable to shareholders reached CNY 5.00 billion. FilingReader attributed the increase to higher lithium product prices and stronger battery-product sales.

Shenzhen shares fell 2.41 percent

On the Shenzhen Stock Exchange, Ganfeng last traded at CNY 40.01 on October 15, 2026 at 3:04 p.m. CST, down 2.41 percent from the prior close. The session volume was 35,345,624 shares against an average of 38,073,022 shares. The CNY 39.21 to CNY 91.67 52-week range leaves the last price 56.34 percent above the low and 56.35 percent below the high.

Valuation and reporting date

Ganfeng's market capitalization was CNY 83.90 billion on October 15, 2026, while its P/E ratio was 12.99. The company's third-quarter results were scheduled for October 15, 2026, according to Simply Wall St.

Comparison with peers

Ganfeng: minus 2.41 percent, P/E 12.99, market capitalization CNY 83.90 billion.

Contemporary Amperex Technology (Shenzhen Stock Exchange, CNY): minus 0.58 percent, P/E 14.92, market capitalization CNY 1.23 trillion.

Tianqi Lithium (Shenzhen Stock Exchange, CNY): minus 2.39 percent, P/E 13.69, market capitalization CNY 60.49 billion.

Price remains the market frame

The analyst target gives Ganfeng a measurable valuation reference, while the third-quarter figures show how strongly revenue and profit expanded. The Shenzhen quotation and the euro indication describe the stock from different trading venues and currencies.

Ganfeng stock was trading at EUR 3.10 at Lang & Schwarz on October 15, 2026 at 9:01 p.m. CEST.

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