《大行報告》野村升小米-W(01810.HK)目標價至18.6元 反映初期電動車業務
野村發表報告,維持小米集團-W(01810.HK)「中性」評級,目標價由16元升至18.6元,反映初期電動車業務。該行覆蓋範圍內,小米是今年表現最出色的智能手機相關股票,年內至今股價上升49%,同期恆生指數下降16%。
該行指,雖然一些投資者可能會擔心小米明年的盈利能力,但該行認爲有四個關鍵點值得關注,分別是小米智能手機的市場份額;小米電動車的市場份額;核心業務與電動車業務的協同效應;電動車市場的市場情緒。根據該行預測,小米核心業務的市值約爲3,700億元,而電動車業務根據其市場份額和估值彈性,在2024至2025年可能再增加500億至1,250億元。
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