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大行評級|美銀:下調小鵬汽車目標價至45.6港元 下調今明兩年銷售額預測

美銀證券的研究報吿指,料小鵬汽車銷量會受惠於推出新車型及在上半年推出G6及G9的改款車型,由下半年起有所改善。小鵬計劃8月推出其MONA系列的首個車型MO3,第四季推出P7+車型。兩款車型應可助小鵬的每月交付量由6月的10萬輛到今年年底的20萬輛。該行指,公司到第三季應開始就EEA平台由Volkswagen取得技術服務收入。該行指,小鵬次季的交付量約為3萬輛,按年升30%,略低過該行預期3.1萬輛。次季毛利率因成本控制措施,將與首季持平。

該行下調今明兩年的銷售額預測分別12%及7%,目標價由49.5港元降至45.6港元,重申“買入”評級。

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