《大行報告》大摩:聯想集團(00992.HK)首財季收入及淨利潤低於預期 目標價下調至9元
摩根士丹利發表研究報告指,聯想(00992.HK)截至6月底止首財季收入及淨利潤均遜於預期,當中純利較該行及市場預期低9%及27%。
聯想管理層透露,經過積極清理渠道庫存後,個人電腦(PC)庫存水平已變得更加健康。該行預期未來幾季折扣幅度將會下調,部分新型號補貨需求將會增加,隨著Windows 11升級周期明年下半年啟動,料將推動未來幾季增長。
大摩將聯想的目標價從10元下調至9元,由於純利表現遜預期,預期集團股價在業績公布後回調5%至10%,評級維持「增持」不變,看好其商業用PC及數據中心業務發展,認為雲端市場疲軟或是近期阻力。
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.