You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》野村下調阿里(BABA.US)目標價至115美元 評級「買入」
野村發表報告,預測阿里巴巴(09988.HK)(BABA.US)2023財年第二財(即截至2022年9月底止季度)季電商業務收入將按年下跌4%,低於市場預期的持平表現,對比電商行業期內收入或增長3%。 野村指,中國零售市場自6月以來一直復甦,中國電商行業盈利有望再錄增長,但由於消費者情緒仍然低迷,復甦步伐較為緩慢。雖然收入疲軟,但野村預期阿里電商EBITA利潤率將按年基本持平達30.2%,EBITA可能近年來出現首次轉正,按年增長2%至423億元人民幣。在公司的成本控制措施下,預期淘菜菜、淘特等新業務總虧損將按年減少40%至50%。 不過野村又指,阿里旗下中國電商業務及阿里雲營收復甦步伐可能落後於市場預期,第二財季阿里雲收入料按年增長3%,低於市場預期的10%,EBITA利潤率料維持2%。該行維持「買入」評級,並將2023至2024財年EBITA預測上調1%,並將2023財年收入預測下調1%,將阿里巴巴(BABA.US)目標價相應從145美元下調至115美元。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account