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大行評級|美銀:上調小米目標價至35港元 季績符合預期且展望正面
格隆匯 11-19 11:58

美銀證券發表報吿,小米第三季業績大致符合預期,調整後盈利為62億元,較該行預測高出3%,因此將2024至2026年調整後盈利預測上調4%至17%,以反映業績及核心業務與電動車的積極前景,預計未來兩年電動車出貨量將有更好的表現,重申對小米的“買入”評級,目標價從32港元上調至35港元。

美銀證券稱,第三季小米電動車銷售佔總收入的一成,毛利率按季擴大至17.1%,預計第四季毛利率將進一步因規模效應及產品結構改善而擴大,預計未來兩年電動車的出貨量將分別達到30萬輛及40萬輛,受惠於SU7的強勁需求、明年推出新SUV型號以及明年下半年第二階段工廠或會擴張。

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