Li Fa released a report, expecting Lenovo (00992.HK) to achieve a year-on-year revenue growth of 13% in the second quarter of the fiscal year 2026, with adjusted net profit increasing by 14%. The revenue growth of the IDG business will benefit from strong personal computer shipments. Despite facing short-term pressures, the server business is still expected to reach breakeven in the fourth quarter of the fiscal year 2026. Some server orders have been postponed for delivery to subsequent quarters.
The firm has raised the adjusted net profit forecast for the second quarter of the fiscal year 2026 by 3% to USD 436 million, and increased the target price from HKD 11.7 to HKD 12.8, maintaining an &#34;Outperform&#34; rating

LNVGY

00992

Citi has raised Lenovo's target price to HKD 12.8 and expects a 13% year-on-year revenue growth in the second quarter of fiscal year 2026, with adjusted net profit growth of 14%. Although the server business faces pressure in the short term, it is expected to achieve breakeven in the fourth quarter of fiscal year 2026. The bank has raised its net profit forecast by 3% to USD 436 million and maintains an "Outperform" rating

AASTOCKS

Lenovo Group

LENOVO GROUP

In "The Big Banks," Citigroup raises Lenovo Group's target price to 12.8 yuan, expecting adjusted net profit to increase by 14% in the next fiscal quarter

《大行》里昂升联想目标价至 12.8 元 料次财季经调整纯利增 14%

《大行》里昂升联想目标价至 12.8 元料次财季经调整纯利增 14%