Macquarie raises target for BYD Electronic stock to HKD 29.22

Published on 10/13/2026 at 06:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 2.02 percent to CNY 82.23 billion in six months to June 30, 2026. BYD Electronic stock was last at EUR 2.60 on October 12, 2026.

Macquarie raised its BYD Electronic price target from HKD 24.70 to HKD 29.22 on August 31, 2026.
Six-month revenue rose 2.02 percent to CNY 82.23 billion, while profit fell 75.35 percent to CNY 426 million.
BYD Electronic stock was last quoted at EUR 2.60 at Lang & Schwarz on October 12, 2026.
The next earnings date is November 4, 2026, according to Investing.com.

BYD Electronic, HK0285041858, Illustration mit AI erstellt.

Macquarie raised its target for BYD Electronic stock from HKD 24.70 to HKD 29.22 on August 31, 2026, according to Investing.com. The upgrade gives the stock a higher valuation marker even as the latest interim figures show a sharp earnings squeeze.

Revenue rose, profit fell

For the six months ended June 30, 2026, BYD Electronic reported revenue of CNY 82.23 billion, up 2.02 percent year over year. Profit attributable to equity holders fell 75.35 percent to CNY 426.00 million, while earnings per share came to CNY 0.19, GMT Eight reported on August 28, 2026.

What drove the profit decline?

The result reflects a clear split between business lines. Smart terminal revenue reached CNY 67.86 billion, including CNY 11.91 billion from components and CNY 55.95 billion from assembly, according to GMT Eight. The new energy vehicle business generated CNY 13.62 billion, equal to 16.56 percent of group revenue and up 6.43 percent year over year.

For investors, the key tension is that revenue growth did not translate into earnings growth. GMT Eight linked the pressure to weak smartphone demand, product specification changes, higher component costs and foreign exchange effects, while assembly activity benefited from overseas customers.

Next results are dated

Investing.com lists November 4, 2026, as the next earnings date for BYD Electronic. Its analyst table shows 17 analysts, including 12 buy ratings, three holds and two sells, with an average 12-month target of HKD 32.06.

The dated euro quote

The last Lang & Schwarz quote stood at EUR 2.60 on October 12, 2026, at 10:57 p.m. CEST. BYD Electronic is listed on the Hong Kong Stock Exchange under ticker 0285, while its business spans mobile handset components, assembly services and new energy vehicle components. The further course of trading is shown by the continuously updated real-time quote of BYD Electronic stock.