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《大行報告》瑞信上調小米(01810.HK)目標價至35元 評級「跑贏大市」
阿思達克 05-27 09:52
瑞信發表研究報告指,小米(01810.HK)首季收入按年增長54.7%,較該行及市場預測高6%及3%;經調整淨利潤按年升164%,亦比預期分別高出8%及54%。期內毛利率按年提升3.2個百分點至18.4%,較該行預測高2.9個百分點。

報告指出,小米於全球智能手機市場份額有所提升,達到14.1%;透過減少推廣及產品組合改變,期內智能手機毛利率增至12.9%。瑞信將全年手機出貨量預測維持在1.95億部,並預測毛利率可改善2.5個百分點至11.2%。

瑞信維持小米「跑贏大市」評級,將今年每股盈利預測上調3%,並將2022至2023年預測各上調2%,以反映毛利率及其他業務收入勝預期,目標價上調至35元。

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