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研報掘金丨國信證券:予道通科技“優於大市”評級,目標價55.24-60.42元
格隆匯 03-19 17:18

國信證券研報指出,道通科技(688208.SH)專注於數字維修、數字能源、AI機器人三大業務領域。在全球擁有美國、中國、越南三大工廠,業務覆蓋全球120多個國家和地區。AI賦能估值重構:“底層技術+生態佈局”驅動場景擴張。技術端通過AI 算法與多模態數據搭建技術中臺,實現診斷/能源模塊標準化開發;生態端貫通"車-樁-網"能源鏈,並延伸至交通巡檢機器人等新興領域,形成數字生態底座;場景端以AI診斷工具、智能充電樁等硬件切入北美等核心市場變現。道通發佈以AI爲核心的“空地一體集羣智慧解決方案”,具體包含智能體機器人,AI PaaS平臺以及行業大模型一體機等三大核心模塊,未來有望拓展場景,打開長期增長空間。考慮到公司穩步增長的盈利能力和行業趨勢,給予公司2025年32-35倍PE,預計合理市值249.60-273.00億元,目標股價55.24-60.42元,給予“優於大市”評級。

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