--- title: "Continuously maintain a strong market leadership position in the PC sector, Citigroup: raises Lenovo's target price to HKD 13.6" description: "Citi raised Lenovo's target price to HKD 13.6, believing that its fundamentals are solid, with IDG's shipment volume increasing year-on-year and stable profit margins. SSG relies on recurring revenue " type: "news" locale: "en" url: "https://longbridge.com/en/news/262341972.md" published_at: "2025-10-23T03:49:03.000Z" --- # Continuously maintain a strong market leadership position in the PC sector, Citigroup: raises Lenovo's target price to HKD 13.6 > Citi raised Lenovo's target price to HKD 13.6, believing that its fundamentals are solid, with IDG's shipment volume increasing year-on-year and stable profit margins. SSG relies on recurring revenue expansion, while ISG has performed well in scale improvement and cost control. Citi maintains a "Buy" rating, expecting Lenovo's future execution capabilities to remain strong, with growth prospects unaffected Recently, the well-known major bank Citigroup released a view stating that it has predicted Lenovo's (00992) upcoming quarterly financial report, believing that its fundamentals remain robust. The IDG's shipment volume has achieved double-digit year-on-year growth, while the profit margin remains stable, and its strong market leadership in the PC sector is unshakeable; SSG continues to maintain steady expansion relying on the growth momentum of recurring revenue; ISG has seen improvements in scale and cost control, with stable execution capabilities in the server and server business, which will serve as boosters for steady net profit growth and rising stock prices. Overall, Citigroup believes that Lenovo Group's core business operations align with the management's previous guidance for the second quarter of the fiscal year 2026, and the growth outlook remains unaffected. It maintains a "Buy" rating on the stock and expects its future execution capabilities to continue to be strong, setting a target price of HKD 13.6 and maintaining the "Buy" rating ### 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) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Lenovo Caught Napping By 'Democratization Of AI' | Lenovo reported a 21% profit decline in its latest fiscal quarter, taking a $285 million restructuring charge due to a s | [Link](https://longbridge.com/en/news/275904944.md) | | Boost Mobile Makes Next-Gen Performance Affordable with New Moto G and Moto G Play - 2026 | Boost Mobile has launched the new moto g and moto g play 2026, offering flagship-tier 5G speeds and advanced AI-powered | [Link](https://longbridge.com/en/news/276144754.md) | | CGS International Keeps Their Buy Rating on Lenovo Group (LNVGF) | CGS International has reaffirmed its Buy rating on Lenovo Group (LNVGF) with a price target of HK$12.00. Additionally, D | [Link](https://longbridge.com/en/news/275885713.md) | | Hard drives already sold out for this year – AI to blame | Hard drive manufacturers, including Seagate and Western Digital, have sold out their production for the year due to high | [Link](https://longbridge.com/en/news/276450490.md) | | China’s Lenovo warns of ‘prolonged’ memory crunch, looks to AI for rebound | Lenovo Group, the largest PC maker, reported a 21% profit drop due to a global memory crunch, warning of its prolonged i | [Link](https://longbridge.com/en/news/275760673.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.