Macquarie Lowers BYD Price Target to HK$97
- Rating
- Outperform
- Target
- HK$97
- from HK$107 (−9%)

What the analyst said
Macquarie analyst Eugene Hsiao lowered the price target on BYD Co Ltd (002594:CH) (OTC: BYDDY) to HK$97 (from HK$104) while maintaining an Outperform 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.
Track record
Firm track recordToo early to score Macquarie: price targets are 12-month calls and fewer than 5 of its targets are a year old. 6 of its 11 open targets have already been reached. How we score
Macquarie on BYD
Macquarie price targets on BYD
4 calls from April 22, 2026 to October 30, 2026. The target went from HK$120 to HK$97 (−19%). The rating stayed Buy.
HK$100HK$110HK$120HK$120HK$107This noteHK$97
April 2026Today
Macquarie target
- October 30, 2026 This noteTarget cut from HK$107 (−9%)BuyHK$97
- July 5, 2026Target cut from HK$109 (−2%)BuyHK$107
- April 29, 2026Target cut from HK$120 (−9%)BuyHK$109
- April 22, 2026Earliest call shownBuyHK$120



