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<Hindsight>Brokers' Latest Ratings/ TPs/ Opinions on BYD COMPANY Post-Quarterly Results
Recommend
16
Positive
18
Negative
9
Broker│ Rating│ TP (HKD)
Citi│Buy│174
UBS│Buy│160
CLSA│Outperform│140
BofA Securities│Buy│141-> 137
Nomura│Buy│132
Morgan Stanley│Overweight│130
Jefferies│Underperform│105

Broker │Opinion
Citi│3Q25 results were in line with the broker's forecasts, but missed market consensus
UBS│3Q25 results showed encouraging signs with net profit rising 23% QoQ
CLSA│3Q25 results were in line with expectations; lower discounts boosted per-vehicle profit with robust exports
BofA Securities│2025-2027 earnings forecasts were lowered; vehicle specifications and performance were expected to improve through advanced autonomous driving systems
Nomura│3Q25 results were lackluster, with efforts underway to improve operational efficiency
Morgan Stanley│3Q25 results showed improvement from trough in 2Q25; caution remains regarding the drop in 2026 China market share
Jefferies│3Q25 results were in line with expectations, though anti-involution regulations persistently dampened China sales

Related NewsNomura Maintains Buy for BYD COMPANY (01211.HK), Focuses on 2026 Development Strategy

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