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大行評級丨美銀證券:升特斯拉目標價至265美元,Q3業績勝預期
格隆匯 10-28 13:28
美銀證券發表報吿指出,特斯拉(TSLA.US)第三季業績勝預期,非通用會計準則(Non-GAAP)每股盈利0.72美元,超過該行及市場預期的0.59與0.6美元,主要由於汽車毛利增強,以及監管信用提高所推動。全自動駕駛(FSD)業務於第三季貢獻3.26億美元。儘管汽車業務表現強勁,但被每輛車的均價下降而部分抵銷。該行認為,季內特斯拉汽車業務的收入及毛利水平均高於該行預期,能源及服務業務表現亦好過預期。銷售、一般及管理費用因持續的削減成本措施而得到正面影響。根據重組調整後的總經營利潤率為11%,高於該行預期的7.5%。該行重申對特斯拉的“買入”評級,將其2024至2026年的每股盈利預測,由原來的2.2、2.9及3.6美元,各輕微上調至2.45、2.95及3.7美元。該行對其目標價由255美元升至265美元。
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