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大行評級|大摩:下調高通目標價至207美元並維持“與大市同步”評級 季績及指引穩健
格隆匯 08-02 13:14
摩根士丹利發表研究報吿指,高通6月底止第三財季業績及指引穩健,手機相關收入符預期,受惠高端化趨勢,來自中國OEM收入按年增逾50%。對比管理層去年12月的評論,或意味潛在提前,但考慮對蘋果產品去化率的樂觀情緒,或帶來一些上行。該行指,汽車相關業務收入按季升34%,勝市場預期,高通正邁向2026年相關收入達到40億美元的目標。該行目前料高通末財季收入為99.27億美元,每股盈利2.54美元,預測2024財年全年的收入、毛利率及每股盈利分別為393.11美億元、55.8%及10.08美元,與之前的預測大致相同,而2025財年全年的收入、毛利率及每股盈利預測分別為436.14億美元、54.4%及11.23美元。大摩將公司目標價由220美元降至207美元,維持“與大市同步”評級。
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