大行評級|花旗:上調金山雲目標價至21.5美元 上調今明兩年收入預測
花旗發表報告指,金山雲去年第四季收入和經調整EBITDA超出市場預期,主要來自人工智能相關收入需求強勁,推動公有雲業務收入表現,以及在年終更多項目交付下,行業雲業務的表現超出預期。該行料公有雲業務將成爲今年主要收入增長動力,大部分新增收入來自人工智能相關需求,主要受母公司支持。儘管人工智能計算領域存在價格競爭,但相信仍將推動利潤率進一步改善。行業雲業務則可能錄得較溫和增長,因基數逐漸正常化。
該行上調對公司今明兩年收入預測19%及29%,目標價從5美元上調至21.5美元,維持“買入”評級。
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