JPMorgan lifts target for Weichai Power stock to HKD 57

Published on 10/15/2026 at 19:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 30, 2026. Weichai Power stock costs EUR 2.78 on October 15, 2026, 43.27 percent below its 52-week high of EUR 4.90.

Analyst target and valuation

On October 15, 2026, JPMorgan raised its Weichai Power target from HKD 55.00 to HKD 57.00.
Weichai Power is scheduled to report third-quarter results on October 30, 2026.
Weichai Power stock costs EUR 2.78 at Lang & Schwarz on October 15, 2026 at 7:34 p.m. CEST, 43.27 percent below its 52-week high of EUR 4.90.
Weichai Power has a P/E ratio of 14.28 and a market capitalization of EUR 23.9 billion.

Weichai Power, CNE1000004L9, Illustration mit AI erstellt.

Weichai Power (ISIN CNE1000004L9) is the subject of a fresh JPMorgan target increase, with the bank lifting its Hong Kong target from HKD 55.00 to HKD 57.00 on October 15, 2026, according to GMT EIGHT. The change keeps the analyst view at Overweight and reflects stronger shipment expectations, resilient margins and progress in data-center power and solid oxide fuel cells.

October results set the next date

Weichai Power is scheduled to report its third-quarter 2026 results on October 30, 2026, according to Simply Wall St. That date gives investors the next fixed point for testing the shipment and margin assumptions behind the target revision.

Stock sits below its yearly high

The euro quotation was EUR 2.78 at Lang & Schwarz on October 15, 2026 at 7:34 p.m. CEST. The price stands 43.27 percent below the 52-week high of EUR 4.90 and remains above the 52-week low of EUR 1.63.

Weichai Power reported second-quarter 2026 revenue of CNY 60.34 billion and net income of CNY 4.60 billion. The figures came from the standardized quarterly statement for the period ended June 30, 2026; the result was supported by operating income of CNY 6.40 billion.

Valuation remains measurable

The company carries a P/E ratio of 14.28 and a market capitalization of EUR 23.9 billion as of October 15, 2026. Its first-half 2026 report showed revenue of CNY 123.16 billion, up 8.80 percent year over year, and net profit attributable to shareholders of CNY 7.70 billion, up 36.50 percent, according to Futunn.

Comparison with peers

Weichai Power: P/E 14.28, market capitalization EUR 23.9 billion
Cummins (NYSE, USD): minus 0.07 percent, P/E 26.88, market capitalization USD 72.4 billion
AB Volvo (Stockholm, SEK): plus 0.22 percent, P/E 18.12, market capitalization SEK 650.1 billion

What the next report can test

The October 30 results will provide the next company-specific check on shipment momentum and profitability. JPMorgan's revised target is therefore paired with a clear reporting date rather than a forecast from this desk.

Weichai Power was trading at EUR 2.78 at Lang & Schwarz on October 15, 2026 at 7:34 p.m. CEST, with the stock 43.27 percent below its 52-week high of EUR 4.90. The further course of trading is shown by the continuously updated real-time quote of Weichai Power stock.