《大行報告》匯豐研究升NVIDIA(NVDA.US)目標價至175美元 評級「減持」
匯豐研究發表研究報告指,NVIDIA(NVDA.US)2023財年第四季業績和2024財年首季指引並不如預期般疲弱,惟其庫存天數增加仍然令人擔憂。儘管AI情緒看漲,但數據中心勢頭放緩仍然是一個未解決的問題。該行將目標價由136美元上調至175美元,維持「減持」評級。
該行提到,集團的庫存天數增加至2023財年第四季的212天。雖然公司將該增長歸因於新產品的增加,但該行認為,如果接下來數個季度的需求沒有顯著回升,或會令集團花更長時間來調整。如果數據中心勢頭進一步放緩且GPU需求缺乏升勢,認為2024財年的盈利有進一步潛在風險,而這仍未被充分反映。由於預期集團2024財年首季有更好的前景,該行分別上調2024及25財年的每股盈測2%及1%,惟預測低於市場5%,因考慮到數據中心帶來的不確定性。
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.