You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行》匯豐降蔚來(09866.HK)目標價至32.1元 料銷量承壓
阿思達克 06-10 12:10
匯豐研究報告指,蔚來(09866.HK)首季淨虧損按季收窄3%,銷量按季跌42%,當中汽車毛利率按季跌3個百分點,反映5566系列去庫存折扣。該行預期集團於未來幾個季度將提高營運效率及推出成本降低措施,如人力資源優化和削減低回報項目。 銷量方面,雖然產品周期正面,但該行料消費者降低支出和新型號競爭加劇,令銷售目標仍然承壓,因此將2025全年的銷量預測下調9%至33萬輛,並將2025至26年盈利預測下調3%至6%,毛利率預測下調0.9個百分點。港股目標價由34.9港元降至32.1港元,蔚來(NIO.US)美股目標價由4.5美元降至4.1美元,維持「持有」評級。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account