大行評級|美銀:下調網易目標價至187港元 下調2024至26年每股盈測
美銀證券發表報吿,網易第二季收入按年增長6%至255億元,低於市場預期。而遊戲相關收入按年增長7%,亦不及該行的預期。季內毛利率升至62.9%,優於預期,因更好的收入組合以及遊戲串流媒體成本得到控制。報吿稱,雖然網易第二季業績好壞參半,但其今年電腦遊戲勢頭好於預期,主要因為《FWJ》電腦版表現穩定以及即將推出新遊戲。第二季電腦遊戲收入按年持平,高於市場預期,因《FWJ》電腦版調整所帶來的負面影響較預期少,預計第三季電腦遊戲收入增長將會持平。至於手遊方面,預計下半年前景仍然未明,因此將網易目標價由223港元降至187港元,2024年至2026年每股盈利預測下調5%至9%,維持“買入”評級,以反映公司在新遊戲推出下游戲組合理想,以及估值較低。
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