---
title: "CICC raises Lenovo's target price, optimistic about its AI and cross-device innovation driving growth"
description: "CICC raised Lenovo's target price by 10.4% to HKD 14.8, expecting future growth driven by AI and cross-device innovation. CICC believes that Lenovo's strategic layout in AI edge computing and hardware"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/256323373.md"
published_at: "2025-09-08T06:29:30.000Z"
---

# CICC raises Lenovo's target price, optimistic about its AI and cross-device innovation driving growth

> CICC raised Lenovo's target price by 10.4% to HKD 14.8, expecting future growth driven by AI and cross-device innovation. CICC believes that Lenovo's strategic layout in AI edge computing and hardware innovation will enhance its market share in the global PC and smartphone markets. Meanwhile, Lenovo's global production capacity layout has strengthened its ability to cope with systemic risks

CICC released a research report stating that it communicated with the company's management about its latest strategies and views on AI smart devices. CICC believes that Lenovo continues to deepen its "one body, multiple ends" strategic layout on the AI front, not only innovating hardware with products like rollable screens and transparent screens but also strengthening local large model capabilities and enhancing cross-device experiences on the software side. They are optimistic about the company's continuous innovation driving stable progress in global PC and smartphone market share. Additionally, changes in the global macro environment, such as tariffs, are also issues of concern for investors regarding an international company like Lenovo. CICC believes that Lenovo's global production capacity layout leads the market, providing the company with a more prominent flexible system risk response capability. Considering the company's potential for continuous market share improvement in the edge AI market based on software and hardware innovation technology, as well as the shift in valuation windows, CICC has raised the target price by 10.4% to HKD 14.8 based on a FY2026 P/E of 14.0 times, corresponding to an upside potential of 34.6%

### Related Stocks

- [LNVGY.US - Lenovo Group](https://longbridge.com/en/quote/LNVGY.US.md)
- [00992.HK - LENOVO GROUP](https://longbridge.com/en/quote/00992.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.