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《大行》匯豐研究升博通(AVGO.US)評級至「買入」 目標價大幅上調至400美元
阿思達克 06-25 11:58
匯豐研究發表報告指,早前對博通(AVGO.US)持相對保守的看法,因希望見到ASIC客戶管線情況更明確,同時亦憂慮在蘋果(AAPL.US)無線板塊市場份額流失,以及威睿(VMware)的潛在放緩。然而,該行現時對公司持更積極看法,因相信ASIC業務的收入將大勝市場預期,因ASIC項目的可見度更高,以及平均售價的定價能力更好;將評級由「持有」升至「買入」,目標價由原先240美元大幅上調至400美元。 該行認爲博通ASIC業務在2026及27財年收入潛力仍被市場低估。該行將2026及27財年ASIC業務收入預測分別大幅上調58%及96%,至284億美元及428億美元,高於市場預測分別達42%及69%,因認爲分配至ASIC項目超大規模AI伺服器的資本開支增加,並料ASIC項目的規模會逐漸擴大,意味着價格溢價明顯提高。
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