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《大行報告》德銀下調Tesla(TSLA.US)目標價至270美元 評級「買入」
阿思達克 12-23 10:31
德銀發表研究報告指出,Tesla(TSLA.US)將於新年後發布今年第四季交付及生產數據。該行對公司第四季交付量預測下調至42萬輛,按年增長36%,按季升22%,以反映部分宏觀環境疲弱,尤其是內地方面,以及部分消費者為獲得通脹削減法案(IRA)的優惠,推遲明年首季的交付。該行估計,Model 3及Model Y在內地的交付量約為13.6萬輛,來自北美約14.3萬輛及歐洲約8,400輛。 該行認為,不計及Tesla的一次性收益,基於公司銷量下降,對其第四季收入預測由225億美元下調至208億美元,低過市場預期的259億美元。同時,將公司毛利率預測由按季增長100點子,下調至按季跌30點子。每股盈利預測由1.18美元降至1.05美元,低過市場預期的1.25美元。對公司目標價由355美元降至270美元,重申「買入」評級,繼續認為公司為電動汽車業的領導者。
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