TCL Tech stock: Oriental Securities sets CNY 7.62 target for TCL Technology stock

TCL Technology (ISIN CNE000001GL8) has a CNY 7.62 target from Oriental Securities dated September 24, 2026, according to Futunn. The target stands 72.01 percent above the Shenzhen price of CNY 4.43. On Shenzhen, TCL Technology last traded at CNY 4.43 on October 21, 2026 at 3:04 p.m. CST, up 0.68 percent from CNY 4.40.

Target rests on panel recovery

Oriental Securities linked its target to an improving display-panel supply and demand balance. The report cited panel price adjustment notices and expected tighter production conditions to support pricing.

The same report identified several risks. Panel demand growth could fall short of expectations, capacity expansion could proceed more slowly, and photovoltaic demand could weaken.

First-half profit growth accelerates

For the first half of 2026, TCL Technology generated CNY 88.65 billion in revenue, up 3.60 percent year over year. Net profit attributable to shareholders reached CNY 3.81 billion, an increase of 102.20 percent, while non-GAAP net profit rose 101.40 percent to CNY 3.14 billion, according to Futunn.

Second-quarter 2026 non-GAAP net profit reached CNY 1.99 billion, up 230.00 percent year over year and 72.00 percent from the prior quarter. The figures make earnings growth the main support for the valuation case, while the panel cycle remains the central operating variable.

Price stays below the yearly high

At CNY 4.43 on October 21, 2026, the stock stood 9.65 percent above its 52-week low of CNY 4.04 and 29.23 percent below its 52-week high of CNY 6.26. Trading volume reached 194,794,505 shares, giving the session a substantial liquidity base.

Valuation metrics

TCL Technology carried a price-to-earnings ratio of 14.39 and a market capitalization of CNY 97.2 billion as of October 21, 2026. For investors, the contrast is clear: first-half profit grew 102.20 percent, while the stock remained well below its 52-week high.

Stock and target in perspective

The CNY 7.62 target is not a forecast by this article. It is the level Oriental Securities published on September 24, 2026, based on its panel-cycle and new-business assessment. The report also described future work in optical communications and advanced glass-based packaging.

The last traded price was CNY 4.43 on Shenzhen on October 21, 2026 at 3:04 p.m. CST, up 0.68 percent from the prior close of CNY 4.40.

Market context: Market report Shanghai Composite.

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