Lenovo Group Limited (LNVGY)

OTCMKTS: LNVGY · Delayed Price · USD
28.35
+0.20 (0.71%)
Jul 2, 2024, 2:52 PM EDT - Market closed
Market Cap 17.58B
Revenue (ttm) 56.86B
Net Income (ttm) 1.01B
Shares Out 620.24M
EPS (ttm) 1.61
PE Ratio 17.48
Forward PE 10.50
Dividend $0.97 (3.43%)
Ex-Dividend Date Aug 1, 2024
Volume 701
Open 28.20
Previous Close 28.15
Day's Range n/a
52-Week Range 18.39 - 31.82
Beta 1.08
Analysts n/a
Price Target n/a
Earnings Date n/a

About LNVGY

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones. In addition, it provides laptops, monitors, accessories, smart home and collaboration solutions, augmented and virtual reality, c... [Read more]

Sector Technology
Founded 1984
Employees 69,500
Stock Exchange OTCMKTS
Ticker Symbol LNVGY
Full Company Profile

Financial Performance

In 2023, Lenovo Group's revenue was $56.86 billion, a decrease of -8.21% compared to the previous year's $61.95 billion. Earnings were $1.01 billion, a decrease of -37.15%.

Financial Statements

News

Nvidia controls the AI universe now — but these tech giants will lead the next boom

Simple, out-of-the box AI to run a business will be a moneymaker for software providers

6 days ago - Market Watch

Lenovo Accelerates Smarter AI for All with New AI Solutions that Save Energy, Speed Deployment and Fast-Track AI Use Cases for Every Industry

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Lenovo announces new AI solutions that save energy, speed deployment and fast-track AI use cases for every industry.

6 days ago - Business Wire

Rendever and Lenovo Collaborate to Bring Virtual Reality Experiences to Carolina Caring Seniors

The joint project fuses Rendever's platform with Lenovo's ThinkReality VRX headset for an all-in-one VR approach that enhances the quality of life of older adults The joint project fuses Rendever's pl...

13 days ago - GlobeNewsWire

Lenovo and Veeam Introduce TruScale Backup with Veeam: Scalable Backup as a Service with Data Protection and Ransomware Recovery

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #DataProtection--Veeam and Lenovo announce Lenovo TruScale Backup with Veeam, a cloud-like experience that helps secure workloads and scale infrastructure.

27 days ago - Business Wire

Lenovo Powers AI Avatars to Explore the Role of Technology in Mental Health

RALEIGH, N.C.--(BUSINESS WIRE)--Today, Lenovo™ released the newest iteration of its Work For Humankind project, titled ‘Meet Your Digital Self'. The project highlights the role that smarter technology...

5 weeks ago - Business Wire

Lenovo ranks 10th in the Gartner® Supply Chain Top 25 for 2024 report

RALEIGH, N.C.--(BUSINESS WIRE)--Lenovo has once again been ranked in the Gartner Supply Chain Top 25 for 2024, ranking tenth in this list of global companies with exceptional supply chains. The Gartne...

5 weeks ago - Business Wire

Very confident that the business will continue to grow, Lenovo CFO says

Lenovo CFO Wai Ming Wong joins CNBC's Emily Tan after the company reported a 9% increase in fourth-quarter revenue, surpassing analyst expectations.

5 weeks ago - CNBC International TV

Lenovo's Profit More Than Doubled on Higher Computer Sales

The world's largest PC maker said quarterly profit more than doubled, though it noted that demand weakened from the preceding quarter.

5 weeks ago - WSJ

China's Lenovo extends revenue growth streak, beats expectations

China's Lenovo Group reported on Thursday a rise of 9% in fourth-quarter revenue to $13.8 billion, as the world's largest maker of personal computers (PCs) exits a demand slump following the aftermath...

5 weeks ago - Reuters

Lenovo Group: Q4 and Full Year Financial Results 2023/24

HONG KONG--(BUSINESS WIRE)--Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced Q4 and full-year results for fiscal year 2023/24. After resuming growth in Q3, the Group reported year-on-year revenue...

5 weeks ago - Business Wire

Lenovo Supercharges Next Gen Copilot+ PCs with Latest Yoga Slim 7x and ThinkPad T14s Gen 6

MORRISVILLE, N.C.--(BUSINESS WIRE)--Today, Lenovo™ launched the Lenovo Yoga™ Slim 7x and Lenovo ThinkPad™ T14s Gen 6, its first next generation Copilot+ PCs powered by Snapdragon® X Elite. As the PC i...

6 weeks ago - Business Wire

Up to 62% Off During Lenovo's Victoria Day Sale

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Lenovo's highly anticipated Victoria Day Sale includes select PCs and electronics at up to 62% off, and features select ThinkPad laptops with some of the...

6 weeks ago - Business Wire

Up to 62% Off During Lenovo's Memorial Day Sale

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Lenovo's highly anticipated Memorial Day Sale includes select PCs and electronics, up to 62% off, and features select ThinkPad laptops with some of the l...

6 weeks ago - Business Wire

Lenovo Advances Focus on Customer Security with new AI-powered Cyber Resiliency as a Service

MORRISVILLE, N.C.--(BUSINESS WIRE)--Lenovo (HKSE: 992) (ADR: LNVGY), the global technology powerhouse, has launched its new AI-based Cyber Resiliency as a Service (CRaaS) leveraging Lenovo device tele...

2 months ago - Business Wire

Lenovo Advances Hybrid AI Innovation to Meet the Demands of the Most Compute Intensive Workloads

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Lenovo announced Hybrid AI solutions with AMD to deliver extreme performance and improved business outcomes.

2 months ago - Business Wire

Elliptic Labs Shipping Its AI Software Platform on Lenovo's Newest ThinkPad™ P Series Workstation Laptops

OSLO, Norway--(BUSINESS WIRE)-- #AIVirtualHumanPresenceSensor--Elliptic Labs is shipping its 100% software-only AI Virtual Human Presence Sensor on four models of Lenovo's ThinkPad P Series workstatio...

2 months ago - Business Wire

Lenovo Announces LISSA: New AI-powered Capability That Helps Businesses Reduce IT Footprint

MORRISVILLE, N.C.--(BUSINESS WIRE)--A new Lenovo AI-powered sustainability engine empowers businesses to help make more data-driven and sustainable IT buying decisions. Lenovo's Intelligent Sustainabi...

2 months ago - Business Wire

Lenovo Embraces the AI PC Era with New ThinkCentre Desktops Powered by AMD Ryzen PRO 8000 Series Desktop Processors

MORRISVILLE, N.C.--(BUSINESS WIRE)--Lenovo™ has unveiled a selection of ThinkCentre™ desktops powered by AMD Ryzen™ PRO 8000 Series desktop processors with up to 16 TOPS (trillion operations per secon...

2 months ago - Business Wire

Lenovo ThinkSmart Portfolio Expands with New Solutions to Enable Entry-Level Smart Meeting Rooms

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Lenovo™ announced today ahead of Enterprise Connect two solutions to help the businesses more easily upgrade meeting spaces into managed video conferenci...

3 months ago - Business Wire

Smarter AI for All: Lenovo Unveils Hybrid AI Solutions that Deliver the Power of Tailored Generative AI to Every Enterprise and Cloud in Collaboration with NVIDIA

SAN JOSE, Calif.--(BUSINESS WIRE)-- #HPC--Lenovo announces new hybrid AI solutions, built in collaboration with NVIDIA, that deliver the power of tailored generative AI applications.

Other symbols: NVDA
3 months ago - Business Wire

Customers Empowered to Participate in the Circular Economy through New Lenovo Offering

MORRISVILLE, N.C.--(BUSINESS WIRE)--Lenovo (HKSE: 992) (ADR: LNVGY) is rolling out a new solution to help customers extend the lifecycle of their devices with cost-efficient IT choices for a more sust...

4 months ago - Business Wire

Lenovo Unveils Trailblazing Products and Solutions Designed to Power AI for All at MWC 2024

BARCELONA, Spain--(BUSINESS WIRE)--Today at MWC 2024, Lenovo unveiled its latest portfolio of purpose-built AI devices, software, and infrastructure solutions, as well as showcased two proof-of-concep...

4 months ago - Business Wire

Chinese tech firm Lenovo shows off a laptop with a see-through screen

Chinese tech giant Lenovo showed off a prototype laptop on Monday that has a see-through screen.

4 months ago - CNBC

Lenovo Accelerates Telco Transformation with Next-Generation Edge AI Innovations at MWC ‘24

BARCELONA, Spain--(BUSINESS WIRE)-- #HPC--Lenovo announces its newest integrated edge AI solutions bring custom AI applications to global telco industry at MWC '24.

4 months ago - Business Wire

Lenovo's Cutting-Edge ThinkPad and ThinkBook Laptops Pave the Way for AI PC Innovation at MWC

BARCELONA, Spain--(BUSINESS WIRE)--Today at MWC® 2024, Lenovo launched new hardware and software solutions that showcase its focus on AI-driven innovation and commitment to a more sustainable future. ...

4 months ago - Business Wire