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研報掘金丨東北證券:樂鑫科技24年業績高增長,首予“增持”評級
格隆匯 03-05 15:44
東北證券研報指出,2024年樂鑫科技(688018.SH)營業收入和業績實現高增長,主要受益於下游數字化與智能化滲透率不斷提升,以及新客户收入放量。目前已有多款物聯網芯片產品系列,產品邊界進一步擴大,在終端場景廣泛適配。公司已發展為一家支撐上萬家商業客户和上百萬開發者的物聯網生態平台,持續受益於全球智能化滲透率提升。公司產品核心應用市場增長穩健,新興領域如能源管理、工具設備等增速超預期,實現多賽道共振。新產品ESP32-P4也具備邊緣AI 功能。未來隨端側AI遍地開花,公司有望持續獲得增長。考慮AI浪潮有望引領公司端側產品放量實現快速增長,首次覆蓋,給予公司“增持”評級。
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