LENOVO GROUP(HK:00992) Ge Long Hui·2025-10-23 03:53Core Viewpoint - Citigroup predicts that Lenovo's upcoming quarterly financial report will reflect a solid fundamental performance, with double-digit year-on-year growth in IDG shipments and stable profit margins [1] Group 1: Business Performance - IDG's shipment volume has achieved double-digit year-on-year growth, indicating strong market demand [1] - Profit margins remain stable, showcasing Lenovo's robust operational efficiency in the PC sector [1] - SSG is experiencing steady expansion driven by recurring revenue growth [1] Group 2: Financial Outlook - ISG shows improvements in scale and cost control, with stable execution capabilities in server and server-related businesses contributing to net profit growth [1] - Overall, Lenovo's core business operations align with management's guidance for the second quarter of fiscal year 2026, with growth prospects unaffected [1] Group 3: Investment Rating - Citigroup maintains a "Buy" rating for Lenovo's stock, projecting a target price of HKD 13.6, reflecting confidence in the company's future execution capabilities [1]