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野村:阿里巴巴(9988.HK)第四季業績優於市場預期 維持“買入”評級
格隆匯 05-25 12:08

野村發表研究報告指,阿里巴巴(9988.HK)復升正步入正軌,雖然截至今年3月底止年度第四財季業績疲弱,但優於市場預期。當中,收入按年增長22%;非通用會計準則每股盈利按年增長7%,分別較市場預期好7%及52%。該行維持其買入”評級,將阿里巴巴美股目標價由240美元,上調3.75%至249美元。

該行指,阿里上年度第四財季客户管理收入(CMR)按年增長3%,對比該行預期為下降8%;佣金收入按年下降2%,對比該行預期為下降6%;雲業務收入按年增長58%,符預期

該行指,自4月以來,阿里實現了強勁復升,管理層透露,其淘寶和天貓業務的網站成交金額(GMV)增長已恢復至12月19日的水平。該行將其2021-2022財年每股盈利預測分別提高15%及3%。

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