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<Research>Nomura Upgrades LENOVO GROUP (00992.HK) to Buy, Adds TP to $14
Nomura released a research report expecting that LENOVO GROUP (00992.HK)'s results for the first fiscal quarter ended June 2025 will beat market consensus, mainly due to strong...
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<Research>Nomura Upgrades LENOVO GROUP (00992.HK) to Buy, Adds TP to $14
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13
Positive
16
Negative
4
 
SHORT SELL
 
STOCK INFO

Nomura released a research report expecting that LENOVO GROUP (00992.HK)  -0.020 (-0.198%)    Short selling $176.85M; Ratio 25.018%   's results for the first fiscal quarter ended June 2025 will beat market consensus, mainly due to strong growth in server revenue as some leading clients shifted capital expenditure from AI servers to universal servers.

In the personal computer business, LENOVO GROUP is capturing more market share in Europe and the US from peers like Dell Technologies (DELL.US)      and HP (HPQ.US)      , which will favorably enhance the Group's overall sales and profit momentum for the quarter ended June, the broker added.

Therefore, Nomura raised its FY2026/ FY2027 earnings forecasts for the Group by 2% each, and added its target price from $13 to $14, with rating upgraded from Neutral to Buy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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