Macquarie Lowers BYD Price Target to HK$97

Analyst: Eugene Hsiao 1 min read Reproduced verbatim
Rating
Outperform
Target
HK$97
from HK$107 (−9%)
Macquarie and BYD logos

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.

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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.

Macquarie target
  1. October 30, 2026 This noteTarget cut from HK$107 (−9%)BuyHK$97
  2. July 5, 2026Target cut from HK$109 (−2%)BuyHK$107
  3. April 29, 2026Target cut from HK$120 (−9%)BuyHK$109
  4. April 22, 2026Earliest call shownBuyHK$120
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.