JPMorgan Raises BYD Price Target to HK$124
- Rating
- Overweight
- Unchanged
- Target
- HK$124
- from HK$120 (+3%)

What the analyst said
JPMorgan analyst Nick Lai raised the price target on BYD Co Ltd (002594:CH) (OTC: BYDDY) to HK$124.00 (from HK$120.00) while maintaining an Overweight rating.
Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
JP Morgan on BYD
JP Morgan price targets on BYD
2 calls from June 9, 2026 to September 30, 2026. The target went from HK$124 to HK$88 (−29%). The rating moved from Buy to Hold.
HK$100HK$120This noteHK$124HK$88
June 2026Today
JP Morgan target
- September 30, 2026Downgraded to Hold, target cut from HK$124 (−29%)HoldHK$88
- June 9, 2026 This noteEarliest call shownBuyHK$124


