智通财经网·2025-08-06 09:21Core Viewpoint - The report from Credit Lyonnais indicates an optimistic outlook for Lenovo Group (00992), raising earnings forecasts due to higher PC revenue and profit margins, alongside warrant income [1] Financial Forecasts - GAAP and non-GAAP earnings estimates for the quarter ending in June have been raised to $480 million and $400 million respectively, reflecting an increase of 47% over market expectations of $326 million [1] - For the fiscal year 2026, GAAP earnings estimates have been increased by 13% to $1.687 billion, while non-GAAP estimates have been raised by 4% to $1.729 billion [1] - GAAP earnings estimates for fiscal years 2027 and 2028 have been adjusted upward by 9% [1] Business Performance - The Intelligent Devices Group (IDG) is expected to see a 14% quarter-over-quarter revenue increase, driven by demand in the U.S. market [1] - The company completed the issuance of warrants earlier in the year, which is anticipated to generate $120 million in income [1] Target Price Adjustment - The target price for Lenovo Group has been raised from HKD 11 to HKD 12, maintaining an outperform rating [1]