《大行報告》里昂上調嗶哩嗶哩(BILI.US)目標價至26美元 評級「跑贏大市」
里昂發表報告指,因在疫情期間,缺乏新遊戲推出以及廣告商情緒疲弱,或令嗶哩嗶哩(BILI.US)上季業務黯然失色,該行預料集團總收入增長放緩至按年升5.9%至61億元人民幣,其中遊戲收入按年跌10%,以及廣告收入按年溫和增長2%。但該行預料,由於毛利率持續改善,經調整淨虧損料收窄至15億元人民幣。
該行表示,雖然遊戲前景仍不明朗,但增值服務和廣告業務應該反彈,並預料今年淨虧損將大幅收窄。該行表示,將集團去年及今年的經調整後淨虧損預測下調分別4,100萬元及3.27億元人民幣。
由於流動性風險下降,移除現金流貼現率計折讓,里昂將其美股目標價由17.5美元上調至26美元,維持其評級為「跑贏大市」。
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