BYD Electronic stock: Goldman Sachs raises target for BYD Electronic stock to HKD 22.00

Published on 10/22/2026 at 20:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Board meeting is set for October 29, 2026. BYD Electronic stock costs EUR 2.49 on October 22, 2026, 42.63 percent below its 52-week high.

Goldman Sachs target raised

Goldman Sachs lifted its BYD Electronic target from HKD 21.00 to HKD 22.00 on October 22, 2026.
The board meeting on October 29, 2026 will consider nine-month results for the period ended September 30, 2026.
BYD Electronic stock costs EUR 2.49 at Lang & Schwarz on October 22, 2026 at 8:35 p.m. CEST, 42.63 percent below the 52-week high of EUR 4.34.

BYD Electronic, HK0285041858, Illustration mit AI erstellt.

Goldman Sachs raised its BYD Electronic target from HKD 21.00 to HKD 22.00 while keeping a Sell rating, according to GMT EIGHT on October 22, 2026. At Lang & Schwarz, BYD Electronic was trading at EUR 2.49 on October 22, 2026 at 8:35 p.m. CEST.

Goldman Sachs keeps a cautious view

The higher target does not represent a rating upgrade. Goldman Sachs based the target on a 10 times forecast price-to-earnings ratio for 2027, while its rating remained Sell, GMT EIGHT reported.

The target change came with lower earnings assumptions. Börse Express reported that Goldman Sachs cut its 2026 profit forecast by 40.00 percent, its 2027 estimate by 3.00 percent and its 2028 estimate by 32.00 percent.

October 29 sets the next date

BYD Electronic's board will meet on October 29, 2026 to consider and approve unaudited results for the nine months ended September 30, 2026 and their publication, Futu reported on October 14, 2026. The meeting date is the next scheduled company event carrying a concrete reporting period.

Stock sits below its yearly high

The EUR 2.49 quote was 42.63 percent below the 52-week high of EUR 4.34 and 8.73 percent above the 52-week low of EUR 2.29, with the range reported for October 22, 2026. The price position leaves the upcoming results as the next dated operating checkpoint.

Target and earnings date

Goldman Sachs expects revenue growth to recover in 2027, citing stabilizing smartphone and personal computer demand, product-mix improvements and expansion into AI server components, GMT EIGHT reported on October 22, 2026. The same report said gross margin recovery was expected by 2028, while the rating stayed Sell.

The trading picture

BYD Electronic was trading at EUR 2.49 at Lang & Schwarz on October 22, 2026 at 8:35 p.m. CEST, while its 52-week high stood at EUR 4.34 on the same date. The further course of trading is shown by the continuously updated real-time quote of BYD Electronic stock.