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Lenovo Group ( (HK:0992) ) has issued an update.
Lenovo Group Limited reported a strong financial performance for the first quarter of FY2025/26, with a 22% increase in revenue year-on-year, reaching an all-time high of $18.8 billion. The company’s profit attributable to equity holders surged by 108% year-on-year, highlighting robust growth across all business groups. The Intelligent Devices Group achieved a record global PC market share, while the Infrastructure Solutions Group and Solutions and Services Group also posted significant revenue growth, driven by advancements in AI and strategic execution. Lenovo’s increased R&D spending and focus on hybrid AI are expected to enhance its market leadership and operational efficiency, positioning the company well amidst macroeconomic uncertainties.
The most recent analyst rating on (HK:0992) stock is a Hold with a HK$13.00 price target. To see the full list of analyst forecasts on Lenovo Group stock, see the HK:0992 Stock Forecast page.
More about Lenovo Group
Lenovo Group Limited is a multinational technology company incorporated in Hong Kong, primarily engaged in the design, development, and manufacturing of personal computers, tablets, smartphones, and other smart devices. The company also offers infrastructure solutions and advanced services, focusing on AI-driven solutions and hybrid AI advancements. Lenovo holds a significant market share in the global PC industry and is committed to innovation and expanding its AI capabilities.
Average Trading Volume: 67,353,732
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$139.2B
For a thorough assessment of 0992 stock, go to TipRanks’ Stock Analysis page.