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《大行報告》瑞銀維持聯想集團(00992.HK)「沽售」評級 目標價7.5元
瑞銀發表研報指,聯想集團(00992.HK)截至去年12月底止2024財年第三季純利達3.37億美元,按季增長35%,按年則跌23%,較瑞銀預測高出8%,主要由於銷售及利潤率表現改善。 然而縱使第三財季業績向好,瑞銀提醒,由於個人電腦需求疲軟,加上伺服器業務持續虧損,瑞銀將今年3月底止第四財季預測下調30%,目前仍維持2025財年淨利潤預測為12億美元不變,但較市場普遍預期低20%。 該行預計,業績公布後市場將大幅下調對聯想第四財季及2025財年預測的預測,趨向與該行最新預測相近,又認為人工智能個人電腦業務增長需時,鑒於美國政府對人工智能伺服器GPU供應的限制,對聯想的人工智能伺服器業務前景感擔憂,維持「沽售」評級,目標價7.5元。
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