Credit Lyonnais Raises Wuxi AppTec (02359) Target Price to HKD 138.6; Q3 Results Exceed Expectations

Stock News

Oct 27

Credit Lyonnais has upgraded its target price for Wuxi AppTec H shares (02359) from HKD 137.1 to HKD 138.6, while increasing the target price for its A shares (603259.SH) from RMB 124.7 to RMB 126. It maintains an "Outperform" rating and designates the shares as a top choice in the mainland CRO and CDMO sectors. Wuxi AppTec's Q3 performance was robust, with revenue, net profit, and order growth all surpassing market expectations. During the quarter, revenue and adjusted net profit under non-IFRS terms rose by 15% and 42% year-on-year, respectively. The company has updated its guidance for full-year revenue growth from 13%-17% to 17%-18%, and it anticipates a further increase in the full-year adjusted net profit margin compared to the previous year. The firm has also revised its revenue and net profit forecasts for Wuxi AppTec for 2025 to 2027 upwards by approximately 2% and 4%, respectively, reflecting the stronger-than-expected Q3 performance and ongoing robust order growth.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1133254253"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1133254253\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1133254253?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-27 13:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1133254253","market":"sg","top_or_hot":-1,"title":"Credit Lyonnais Raises Wuxi AppTec (02359) Target Price to HKD 138.6; Q3 Results Exceed Expectations","media":"Stock News","content":"<p>Credit Lyonnais has upgraded its target price for Wuxi AppTec H shares (02359) from HKD 137.1 to HKD 138.6, while increasing the target price for its A shares (603259.SH) from RMB 124.7 to RMB 126. It maintains an \"Outperform\" rating and designates the shares as a top choice in the mainland CRO and CDMO sectors. Wuxi AppTec's Q3 performance was robust, with revenue, net profit, and order growth all surpassing market expectations. During the quarter, revenue and adjusted net profit under non-IFRS terms rose by 15% and 42% year-on-year, respectively. The company has updated its guidance for full-year revenue growth from 13%-17% to 17%-18%, and it anticipates a further increase in the full-year adjusted net profit margin compared to the previous year. The firm has also revised its revenue and net profit forecasts for Wuxi AppTec for 2025 to 2027 upwards by approximately 2% and 4%, respectively, reflecting the stronger-than-expected Q3 performance and ongoing robust order growth.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Credit Lyonnais Raises Wuxi AppTec (02359) Target Price to HKD 138.6; Q3 Results Exceed Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Lyonnais Raises Wuxi AppTec (02359) Target Price to HKD 138.6; Q3 Results Exceed Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-10-27 13:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Credit Lyonnais has upgraded its target price for Wuxi AppTec H shares (02359) from HKD 137.1 to HKD 138.6, while increasing the target price for its A shares (603259.SH) from RMB 124.7 to RMB 126. It maintains an \"Outperform\" rating and designates the shares as a top choice in the mainland CRO and CDMO sectors. Wuxi AppTec's Q3 performance was robust, with revenue, net profit, and order growth all surpassing market expectations. During the quarter, revenue and adjusted net profit under non-IFRS terms rose by 15% and 42% year-on-year, respectively. The company has updated its guidance for full-year revenue growth from 13%-17% to 17%-18%, and it anticipates a further increase in the full-year adjusted net profit margin compared to the previous year. The firm has also revised its revenue and net profit forecasts for Wuxi AppTec for 2025 to 2027 upwards by approximately 2% and 4%, respectively, reflecting the stronger-than-expected Q3 performance and ongoing robust order growth.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1583","symbol_name":"高瓴概念","start_time":0,"source_url":"","article_id":"1133254253","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1133254253","pubTimestamp":1761544217,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Credit Lyonnais has upgraded its target price for Wuxi AppTec H shares (02359) from HKD 137.1 to HKD 138.6, while increasing the target price for its A shares (603259.SH) from RMB 124.7 to RMB 126....","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"603259":"药明康德","BK1583":"高瓴概念","BK0216":"研究试验","02359":"药明康德","LU1997245177.USD":"安联神洲A股基金","LU2328871848.SGD":"Eastspring Investments - China A Shares Growth AS SGD","LU1808992512.USD":"AB ALL CHINA EQUITY PORTFOLIO \"A\" (USD) ACC","LU0456842615.SGD":"JPMorgan Funds - Emerging Markets Equity A (acc) SGD","LU2488822045.USD":"ALLIANZ CHINA HEALTHY LIVING \"AT\" (USD) ACC","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","LU1997245094.SGD":"安联神州A股基金AT Acc SGD","BK1141":"生命科学工具和服务","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","BK1576":"医药外包概念","LU1934453819.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"A\" (USD) ACC","LU1979443071.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"AD\" (USDHDG) INC","LU1969619763.USD":"EASTSPRING INV CHINA A SHARES GROWTH \"A\" (USD) ACC","LU2495084118.USD":"ALLIANZ CHINA A-SHARES \"ATH\" (USDHDG) ACC","LU1046422090.SGD":"Fidelity Pacific A-SGD","LU1997244956.HKD":"ALLIANZ CHINA A-SHARES \"AT\" (HKD) ACC A","LU2242644610.SGD":"Fidelity China Innovation A-ACC-SGD"},"translate_title":"里昂信贷上调药明康德(02359)目标价至138.6港元；Q3业绩超预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"603259":1,"02359":1},"content_text":"Credit Lyonnais has upgraded its target price for Wuxi AppTec H shares (02359) from HKD 137.1 to HKD 138.6, while increasing the target price for its A shares (603259.SH) from RMB 124.7 to RMB 126. It maintains an \"Outperform\" rating and designates the shares as a top choice in the mainland CRO and CDMO sectors. Wuxi AppTec's Q3 performance was robust, with revenue, net profit, and order growth all surpassing market expectations. During the quarter, revenue and adjusted net profit under non-IFRS terms rose by 15% and 42% year-on-year, respectively. The company has updated its guidance for full-year revenue growth from 13%-17% to 17%-18%, and it anticipates a further increase in the full-year adjusted net profit margin compared to the previous year. The firm has also revised its revenue and net profit forecasts for Wuxi AppTec for 2025 to 2027 upwards by approximately 2% and 4%, respectively, reflecting the stronger-than-expected Q3 performance and ongoing robust order growth.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}