《大行報告》麥格理下調嗶哩嗶哩-SW(09626.HK)目標價至159.4元 評級維持「中性」
麥格理發表報告指,嗶哩嗶哩-SW(09626.HK)今年第二季的非美國通用會計準則(non-GAAP)淨虧損按年擴大至20億元人民幣,表現較該行及市場預期差。
該行認為,嗶哩嗶哩尋求由小眾動漫、漫畫和遊戲(ACG)轉型成全面的平台,因此看到集團有持續虧損的風險,但仍相信其已準備好坐上內地快速擴張的影片市場的順風車。該行料嗶哩嗶哩第三季收入增長有所改善,整體收入料按年增12%,預期公司於擴大用戶和參與度有進一步上升空間。
麥格理下調嗶哩嗶哩股份目標價,由197.3元降至159.4元,評級維持「中性」,並調低集團今年至2024年每股盈利預測下調6.4%至7.5%。
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