
Lenovo Group (992)
12.22 HKD +0.72 (+6.26%) Volume: 274.66M
Lenovo Group’s stock price soars to 12.22 HKD, marking a significant trading session increase of +6.26% and an impressive YTD rise of +21.23%, fueled by a robust trading volume of 274.66M, reinforcing its strong market performance and potential for future growth.
Latest developments on Lenovo Group
Lenovo‘s stock price saw movement today following a surge in China, with Xiaomi hitting a record high. The tech company recently offered discounts on various products, including the Lenovo Legion 7 gaming PC and the Tab Plus tablet. Additionally, Lenovo was recognized as a leader in digital transformation solutions. Despite concerns about ROI in AI adoption, Lenovo continues to innovate with new products like the ThinkPad X9 Aura laptop and the Yoga Tab Plus. With ongoing sales and promotions, Lenovo remains a key player in the tech industry, driving interest and investment in their products.
Lenovo Group on Smartkarma
Analysts on Smartkarma, such as Trung Nguyen and Nicolas Baratte, have provided coverage on Lenovo. Trung Nguyen‘s report, “Lucror Analytics – Convertibles Brief: Lenovo (992 HK)”, leans bearish as they comment on credit market developments and European and US market trends. On the other hand, Nicolas Baratte’s report, “3Q24 PC Shipments Are Flat YoY. Lenovo, Acer, Asus. Compal, Quanta, Wistron.”, also takes a bearish stance, highlighting that the recovery or AI replacement cycle in the PC market is not currently happening. Both reports offer valuable insights for investors interested in Lenovo‘s performance.
A look at Lenovo Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Lenovo Group Limited, a company known for selling and manufacturing personal computers and handheld devices, has received mixed scores on the Smartkarma Smart Scores. While it has scored well in terms of growth and momentum, with scores of 4 and 3 respectively, its value score is lower at 2. This indicates that Lenovo may have potential for growth in the long term, but investors should carefully consider the value of investing in the company.
Additionally, Lenovo has received average scores for its dividend and resilience, with scores of 3 for both factors. This suggests that while the company may not be the most stable in terms of dividends, it has shown some level of resilience in the face of challenges. Overall, Lenovo‘s Smart Scores provide a snapshot of the company’s long-term outlook, indicating both strengths and potential areas for improvement in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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