newfreetoplaynftgames| DBS: Raise Lenovo Group's target price to HK$13.2 to "Buy" rating

DBS released a research report predicting that Lenovo's artificial intelligence server shipments will increase by 108% year-on-year in fiscal year 2025 as the shortage of graphics processing units (GPU) is alleviated, and is expected to drive Infrastructure Solutions (ISG) The business recorded a profit of US$46 million in the third quarter of fiscal year 2025 and a profit of 44 million in the third quarter of fiscal year 2026.newfreetoplaynftgames.02 billion US dollars in profit.

The bank believes that the growth of artificial intelligence servers will drive Lenovo's operating income in fiscal years 2025 and 2026, increasing by 6% and 8% respectively, and profits for the same period will also be driven to increase by 10% and 14% respectively. The bank believes that the recovery and growth of Lenovo's service and personal computer businesses will drive a recalibration of the company's share rating, and expects profit growth in fiscal 2025 and 2026 to reach 57% respectivelynewfreetoplaynftgames.7% and 33.3%. Increased operating margins are mainly due to the company's growing service businessnewfreetoplaynftgames; replacement cycle for commercial PCs migrating from Windows 10 to Windows 11newfreetoplaynftgames; The server business is expected to achieve profitability and other factors. The bank raised Lenovo's target price from HK$10 to HK$13.2 and gave it a "buy" rating.