According to Macquarie's research report, Lenovo Group's results for the first quarter of fiscal year 2027 beat expectations, and the revenue of the three major business divisions all recorded double-digit year-on-year increases. Among them, ISG's business revenue grew to a record high of 98%, operating profit margin reached 9.1%, while IDG and SSG business revenue increased 27% and 28% respectively. The bank raised Lenovo's adjusted net profit forecast for the 2027-2029 fiscal year by 51.5%, 43.2% and 38.4% to reflect ISG's strong business revenue and operating margin expansion. The target price was raised sharply by 76% to HK$66 from HK$37.4, maintaining the “outperforming the market” rating and continuing to be included in the selected buying list. The bank predicts that Lenovo's revenue for the 2027 fiscal year will increase 30% year-on-year to US$108 billion, with adjusted net profit reaching US$4.3 billion, and a net profit margin of 4%.

According to Macquarie's research report, Lenovo Group's results for the first quarter of fiscal year 2027 beat expectations, and the revenue of the three major business divisions all recorded double-digit year-on-year increases. Among them, ISG's business revenue grew to a record high of 98%, operating profit margin reached 9.1%, while IDG and SSG business revenue increased 27% and 28% respectively. The bank raised Lenovo's adjusted net profit forecast for the 2027-2029 fiscal year by 51.5%, 43.2% and 38.4% to reflect ISG's strong business revenue and operating margin expansion. The target price was raised sharply by 76% to HK$66 from HK$37.4, maintaining the “outperforming the market” rating and continuing to be included in the selected buying list. The bank predicts that Lenovo's revenue for the 2027 fiscal year will increase 30% year-on-year to US$108 billion, with adjusted net profit reaching US$4.3 billion, and a net profit margin of 4%.