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Lenovo Group ( (HK:0992) ) has provided an update.
Lenovo Group Limited announced record financial results for the first half of FY2025/26, with revenue reaching US$39 billion, an 18% increase year-on-year, and profit attributable to equity holders rising by 40% to US$846 million. The company’s growth was driven by a surge in AI-related revenues, which accounted for 29% of total revenue, and strong performance across its business groups, including a 30% increase in ISG revenue. Lenovo’s strategic focus on AI and innovation, along with effective cost management and supply chain resilience, has strengthened its market leadership and operational leverage, despite geopolitical uncertainties.
The most recent analyst rating on (HK:0992) stock is a Buy with a HK$10.50 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, incorporated in Hong Kong, is a leading technology company operating in the computer hardware and electronics industry. It specializes in the production of personal computers, servers, and AI devices, with a strong focus on AI-related services and solutions. The company has a significant market presence, with a record PC market share of 25.6% and a commitment to advancing its Hybrid AI strategy.
Average Trading Volume: 80,980,661
Technical Sentiment Signal: Buy
Current Market Cap: HK$125.2B
For a thorough assessment of 0992 stock, go to TipRanks’ Stock Analysis page.