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美股異動丨拼多多盤前升1%,即將公佈業績
格隆匯 05-22 16:25
拼多多(PDD.US)盤前升1%報146.9美元。拼多多即將於盤前公佈業績,機構預測一季度營收765.58億元,同比增長103.41%;美股收益9.66元,同比增長74.13%。另外,瑞銀日前發表報吿,認為市場對拼多多旗下Temu所面對地緣政治風險過度悲觀,而忽視了它為海外服務不足的低收入消費者提供的巨大潛在市場總量(TAM)。與第三方市場模式相比,Temu的創新管理電子商務模式應能帶來更高的利潤率。預計到2028E年,Temu的商品成交額營業利潤率將達到8%,市場預期為4%,超過拼多多核心市場3%的利潤率。因此將拼多多目標價由217美元升至248美元,重申“買入”評級。瑞銀指,拼多多重新評級催化劑包括Temu虧損收窄;面對競爭環境下收入仍保持強勁增長;Temu預計在2025年底實現盈虧平衡。

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