研報掘金|中金:上調高通目標價至176美元 AI推動高端手機需求強勁
中金髮表報吿指,高通次財季GAAP收入93.89億美元,按年增長1.2%,按季跌5.5%,位於公司此前指引中值;Non-GAAP淨利潤27.61億美元,按年增長14.1%,按季跌11%,超出公司指引及市場預期,主要受惠於產品組合升級。公司指引第三財季收入88億至96億美元,QCT業務EBT利潤率按季有所下滑。中金維持高通2024和2025財年Non-GAAP淨利潤預測基本不變為114億和127億美元,當前股價對應 2024和2025財年16.3倍和14.6倍市盈率。考慮到AI推動高端手機需求強勁,行業估值中樞上移,該行上調目標價9%至176美元,對應2024和2025財年17.5倍和15.6倍市盈率。
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.