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《大行報告》高盛升拼多多(PDD.US)目標價至176美元 Temu為關鍵驚喜
阿思達克 11-29 10:46
高盛發表報告指,拼多多(PDD.US)第三季度業績好過市場預期,主要驚喜是交易服務收入按年大增315%,遠高於市場預期的增幅上限175%,相信因為跨境電商平台Temu的規模效益提升。線上推廣收入按年增長39%,亦好過市場預期。 該行將拼多多2023至2025年三年期間的收入預測,分別上調10%、11%及10%,經調整經營溢利預測分別上調22%、14%及24%,並預期Temu在2025年錄得盈利,較之前預期的2026年更早。Temu基本情境估值由370億美元上調至650億美元。拼多多目標價由155美元上調至176美元,評級「買入」。
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