《大行報告》中信証券:百度-SW(09888.HK)核心業務穩步復甦 AI持續推進
中信証券發表研究報告,預期百度-SW(09888.HK)(BIDU.US)今年首季廣告及雲端等核心業務穩步復甦,當中線上廣告業務收入預期將錄得正增長,智能雲業務則預期維持高單位數升幅,推動首季收入按年增長3%至293億元人民幣,非通用會計準則下純利料達到47億元人民幣。
該行指出,百度發布文心一言後,未來在模型升級、產品改善、企業用戶測試導入等領域預期都將持續發展。
雖然市場對行業競爭格局感到擔憂,令公司股價持續波動,但中信証券認為,線上廣告業務仍然持續復甦,全年增長率或超越GDP表現,加上雲計算業務下半年有望持續改善,AI業務可能於今年底至明年初開始逐步貢獻收入,繼續維持「買入」評級,目標價153港元。(gc/u)
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