《大行》匯豐研究降金山軟件(03888.HK)目標價至38.5元 維持「持有」評級
匯豐環球研究發表報告指,金山軟件(03888.HK)首季業績遠遜預期,收入按年增長9%,但按季下降16%,較市場預期低出7%;首季淨利潤按年持平,但按季下降38%,較市場預期低出24%。該行對金山軟件今年第二季度展望保持審慎,將目標價從42.7元下調至38.5元,維持「持有」評級。
報告指,金山軟件首季遊戲及辦公業務增長顯著放緩,分別按年增長14%及6%,相較於2024年第四季度按年增長26%及17%。金山軟件將遊戲業務按季下降歸咎於《劍俠情緣3》的商業內容更新減少,辦公業務則因WPS軟件收入下降。
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