Macquarie sets HKD 102 target for BYD Company stock
Published on 10/26/2026 at 15:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMacquarie target reset
- On October 22, 2026, Macquarie set a HKD 102 price target for BYD Company.
- Second-quarter 2026 revenue reached CNY 194.59 billion, while net income was CNY 8.21 billion.
- BYD Company stock costs EUR 8.05 at Lang & Schwarz on October 26, 2026 at 3:28 p.m. CEST, 1.77 percent below the Frankfurt close of October 23, 2026.
- The Hong Kong listing last stood at HKD 70.80 on October 26, 2026 at 4:08 p.m. HKT.
BYD Company (CNE100000296) faces a lower valuation anchor after Macquarie set a HKD 102 price target on October 22, 2026, according to MarketScreener. BYD Company stock was trading at EUR 8.05 at Lang & Schwarz on October 26, 2026 at 3:28 p.m. CEST, down 1.77 percent versus the Frankfurt close of October 23, 2026 at EUR 8.20.
Second-quarter earnings provide scale
BYD reported CNY 194.59 billion in revenue and CNY 8.21 billion in net income for the second quarter of 2026. The figures come from the company's investor-relations page, which also identifies BYD Company Limited as the issuer behind the Hong Kong listing and ticker 1211.HK, according to BYD Company.
The quarterly revenue figure was higher than the CNY 150.23 billion reported for the first quarter of 2026 in the same financial series. Net income also stood above the CNY 4.08 billion first-quarter figure, giving investors a concrete comparison for the latest operating result.
Stock sits above its yearly low
The Hong Kong listing last stood at HKD 70.80 on October 26, 2026 at 4:08 p.m. HKT. The quote was HKD 3.70 above the HKD 67.10 52-week low and HKD 42.60 below the HKD 113.40 high, while volume reached 18,421,241 shares.
Macquarie's HKD 102 target is 44.07 percent above the Hong Kong price of HKD 70.80. That comparison places the broker's valuation view against a stock trading near the lower end of its annual range, while the company's second-quarter numbers provide the operating backdrop.
Valuation and reporting date
BYD's market capitalization stood at HKD 645.5 billion on October 26, 2026, with a price-to-earnings ratio of 25.51. MarketScreener lists October 29, 2026 as the next earnings-release date for third-quarter 2026.
Comparison with peers
BYD Company: down 1.12 percent, price-to-earnings ratio 25.51, market capitalization HKD 645.5 billion.
Xiaomi Corporation (Hong Kong Stock Exchange, HKD): up 0.37 percent, price-to-earnings ratio 18.59, market capitalization HKD 692.3 billion.
Li Auto Inc. (Hong Kong Stock Exchange, HKD): down 1.38 percent, market capitalization HKD 86.9 billion.
What the target means for valuation
Macquarie's target gives investors a dated valuation marker, while BYD's second-quarter revenue and net income show the scale of the underlying business. The next scheduled reporting date is October 29, 2026.
BYD stock holds the price frame
BYD Company stock was trading at EUR 8.05 at Lang & Schwarz on October 26, 2026 at 3:28 p.m. CEST, down 1.77 percent versus the Frankfurt close of October 23, 2026 at EUR 8.20. The Hong Kong listing last stood at HKD 70.80 on October 26, 2026 at 4:08 p.m. HKT.
The further course of trading is shown by the continuously updated real-time quote of BYD Company stock.
BYD Company stock facts
- Company: BYD Company Limited
- ISIN: CNE100000296
- Ticker: 1211.HK
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz (as of October 26, 2026, 3:28 p.m. CEST): EUR 8.05
- Change versus Frankfurt close: minus 1.77 percent
- Frankfurt close (October 23, 2026): EUR 8.20
- Market capitalization: HKD 645.5 billion (as of October 26, 2026)
- Sector / Industry: Automobiles / Auto and Truck Manufacturers
Market context: Current market reports.
