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《大行報告》瑞信下調小鵬(XPEV.US)目標價至14美元 評級「跑贏大市」
阿思達克 12-01 11:43
瑞信發表報告指,小鵬(XPEV.US)今年第三季淨虧損按季收窄12%至23.8億元人民幣,大致上符合市場期望;該行將毛利增長歸因於第三季毛利率按年升2.6個百分點至13.5%,主要是產品組合較佳及售價高企。 該行表示,公司第四季交付指引為按年跌50%至52%、按季跌29%至32%,約2萬至2.1萬輛,由於該行在11月時,料公司交付量達5,800輛,故上述指引意味著12月交付量達9,100至1.1萬輛,按年跌35%至41%。 基於估計銷量遜預期,因此該行下調集團2022年至24年每股盈測7.8%至297.9%,目標價相應由36美元下調至14美元,維持評級「跑贏大市」。(ca/k) ~
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