JPMorgan lifts Weichai Power stock target from HKD 55 to HKD 57

Published on 10/20/2026 at 20:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 30, 2026. Weichai Power stock costs EUR 2.83 on October 20, 2026, down 1.39 percent versus the Xetra close.

Reporting date October 30, 2026

JPMorgan raised its Weichai Power target from HKD 55.00 to HKD 57.00 on October 17, 2026.
Analysts forecast third-quarter revenue of CNY 56.64 billion and earnings per share of CNY 0.38.
Weichai Power stock costs EUR 2.83 at Lang & Schwarz on October 20, 2026 at 8:29 p.m. CEST, 1.39 percent below the Xetra close of October 19, 2026.

Weichai Power, CNE1000004L9, Illustration mit AI erstellt.

JPMorgan raised its target for Weichai Power from HKD 55.00 to HKD 57.00 on October 17, 2026, while maintaining an overweight rating, according to GMT EIGHT. At Lang & Schwarz on October 20, 2026 at 8:29 p.m. CEST, Weichai Power stock was trading at EUR 2.83, down 1.39 percent versus the Xetra close of October 19, 2026 at EUR 2.87.

Third-quarter results arrive October 30

Weichai Power is scheduled to report its third-quarter results on October 30, 2026. finanzen.ch reported that two analysts forecast third-quarter revenue of CNY 56.64 billion, while three analysts expected earnings per share of CNY 0.38. The estimates provide a concrete hurdle for the October report.

Stock sits 42.24 percent below its high

The EUR 2.83 quote is 42.24 percent below Weichai Power's 52-week high of EUR 4.90 and 72.56 percent above its 52-week low of EUR 1.64. The same-day decline against the Xetra close contrasts with a 33.93 percent year-to-date gain reported for the Hong Kong-listed shares by Simply Wall St on October 20, 2026.

Valuation sets a measurable hurdle

Simply Wall St placed Weichai Power at a P/E ratio of 14.40 on October 20, 2026, above the Hong Kong machinery industry level of 11.60 and the peer average of 10.70. Its reported fair P/E estimate was 17.90, creating a clear gap between the traded valuation and that model-based reference.

The upcoming report will therefore put two figures under scrutiny: revenue against the CNY 56.64 billion consensus and earnings per share against CNY 0.38. The company had reported second-quarter revenue of CNY 60.45 billion and net income of CNY 4.60 billion for the period ended June 30, 2026. Those figures offer a direct operating benchmark for the next release.

Weichai Power remains below its annual high

Weichai Power combines an analyst target increase with a scheduled earnings date and a valuation above its industry comparison. The price picture is more restrained, with the euro quote below its annual high and below the HKD 57.00 target after the October 17 update.

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