Lenovo, HK0992009065

Bank of China keeps Buy rating for Lenovo stock at HKD 47.60

Published on 10/27/2026 at 09:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter revenue rose 43.00 percent to USD 26.90 billion. Lenovo stock costs EUR 2.55 on October 27, 2026, alongside a HKD 47.60 target.

Analyst target and earnings dates

Bank of China set a HKD 47.60 target on October 20, 2026.
First-quarter revenue rose 43.00 percent to USD 26.90 billion.
Lenovo stock trades at EUR 2.55 at 9:02 a.m. CEST at Lang & Schwarz on October 27, 2026.

Lenovo, HK0992009065, Illustration mit AI erstellt.

Lenovo stock (ISIN HK0992009065) was trading at EUR 2.55 at Lang & Schwarz on October 27, 2026 at 9:02 a.m. CEST. Bank of China maintained a Buy rating and set a HKD 47.60 price target on October 20, 2026, according to Markets Insider.

Target stays above traded level

The Bank of China call keeps the analyst debate centered on Lenovo's AI infrastructure expansion. Its HKD 47.60 target was published alongside a Buy rating, while the Hong Kong listing had closed at HKD 25.26 in the cited report.

A separate Morgan Stanley update dated October 18, 2026 set a HKD 49.00 target, according to MarketScreener. The spread between those targets shows that the market discussion is focused on execution in servers and AI services rather than on personal computers alone.

What does the quarter mean for margins?

Lenovo reported USD 26.90 billion of revenue in the first quarter of fiscal year 2026/27, up 43.00 percent from the prior-year quarter. AI-related revenue rose 60.00 percent to USD 9.30 billion, while Infrastructure Solutions Group revenue increased 98.00 percent to USD 8.50 billion, as reported by EL7.AI.

The same quarter produced adjusted net income of USD 1.07 billion, up 176.00 percent year over year, while gross margin reached 16.50 percent versus 14.70 percent a year earlier. The reported loss attributable to shareholders was USD 608.60 million, linked primarily to a USD 1.70 billion non-cash warrant revaluation.

Three dated steps in the story

On August 13, 2026, Lenovo announced first-quarter revenue of USD 26.90 billion. On October 18, 2026, Morgan Stanley set a HKD 49.00 target. On October 20, 2026, Bank of China maintained Buy and set a HKD 47.60 target, according to Markets Insider.

Upcoming reporting dates

Lenovo is scheduled to report results on October 29, 2026, according to The Inference. The next interim earnings release is listed for November 19, 2026, by MarketScreener.

AI growth meets accounting volatility

For investors, the central test is whether faster AI and infrastructure sales can sustain margin improvement while memory costs and warrant valuation effects add volatility to reported earnings. Lenovo's first-quarter figures show a clear split between strong operating growth and a weaker statutory result.

Lenovo was trading at EUR 2.55 at Lang & Schwarz on October 27, 2026 at 9:02 a.m. CEST.

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