CGS International keeps HKD 23.80 target for Geely stock

Published on 10/24/2026 at 18:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Geely meets shareholders on November 16, 2026. Geely stock costs EUR 1.63 on October 24, 2026, down 0.91 percent versus the Tradegate close.

Analyst target and reporting date

CGS International set an HKD 23.80 target on October 9, 2026.
Geely's nine-month sales reached 2.235 million units, up 3.00 percent year over year.
Geely stock costs EUR 1.63 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, 0.91 percent below the Tradegate close.
The company scheduled an extraordinary general meeting for November 16, 2026.

Geely, KYG3777B1032, Illustration mit AI erstellt.

Geely Automobile Holdings (ISIN KYG3777B1032) has an HKD 23.80 price target from CGS International, while the stock was at EUR 1.63 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, down 0.91 percent versus the Tradegate close of October 23, 2026 at EUR 1.65. The target leaves a 67.02 percent distance above the HKD 14.25 Hong Kong share price recorded for October 23, 2026.

The target is the latest unspent analyst view in the available coverage. The Globe and Mail reported on October 9, 2026 that CGS International maintained a Buy rating and set the HKD 23.80 target. The report also cited a HKD 27.23 consensus target.

Sales reached 2.235 million units

Geely's first nine months of 2026 brought sales of 2.235 million vehicles, up 3.00 percent from the same period a year earlier. UOB Kay Hian said on October 8, 2026 that Geely would need average monthly sales of 404,840 vehicles in the fourth quarter to reach its 3.45 million full-year target.

What does the target imply?

UOB Kay Hian projected nine-month exports of 797,670 vehicles, up 169.00 percent year over year, while September exports reached 106,685 units. The research firm maintained its HKD 29.00 target and estimated third-quarter net profit at RMB 5.525 billion, up 39.50 percent year over year.

Dates and valuation matter

Geely had scheduled its nine-month 2026 results for October 29, 2026 and an extraordinary general meeting for November 16, 2026, according to the company's October announcements. The meeting date is also listed in the company's October 2026 announcement calendar.

Geely's Hong Kong listing stood at HKD 14.25 on October 23, 2026 at 4:08 p.m. HKT, with a price-to-earnings ratio of 8.07 and a market capitalization of HKD 153.7 billion. Its 52-week range was HKD 13.89 to HKD 25.62, leaving the share 44.38 percent below the high.

Comparison with peers

Geely: down 0.99 percent, price-to-earnings ratio 8.07, market capitalization HKD 153.7 billion.

BYD Company: up 6.23 percent, price-to-earnings ratio 25.21, market capitalization HKD 652.8 billion.

Li Auto: up 3.92 percent, price-to-earnings ratio minus 16.89, market capitalization HKD 88.1 billion.

Stock price and target distance

The euro quotation remains 0.91 percent below the Tradegate close, while the Hong Kong share price is 44.38 percent below its 52-week high. The differing currencies keep the analyst target and the German quotation as separate investor reference points.

Geely stock was trading at EUR 1.63 at Lang & Schwarz on October 24, 2026 at 1:04 p.m. CEST, down 0.91 percent versus the Tradegate close of October 23, 2026 at EUR 1.65. The further course of trading is shown by the continuously updated real-time quote of Geely stock.