《大行報告》匯豐研究下調嗶哩嗶哩(09626.HK)目標價至210.6元 評級「持有」
匯豐環球研究發表報告指,嗶哩嗶哩(09626.HK)的用戶增長及用戶參與表現強勁,今年首季月活躍用戶按年增長32%至2.94億,平均每日使用時間由82分鐘升至95分鐘。
不過,該行指嗶哩嗶哩流量相關的變現有限,且宏觀問題及疫情造成的破壞,較原本預期的更嚴重及持續更長時間,估計此將繼續拖累集團近期股價表現。
匯豐研究下調嗶哩嗶哩股份目標價,由257.4元降至210.6元,評級維持「持有」,主要由於監管和宏觀不明朗,並調低集團今年至2024年收入預測則6%、3%及3%,以反映宏觀因素疲弱及疫情相關封控對供應鏈干擾;盈利預測分別調低16%、9%及11%。
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