《大行》中銀國際升舜宇(02382.HK)目標價至100元 上調盈測
中銀國際表示,舜宇光學科技(02382.HK)2025年上半年業績超出預期,主要受智能手機毛利率強勁復甦,以及電動車和XR(擴展現實)領域持續增長推動。公司對2025年全年積極指引顯示,其在高端手機鏡頭(HLS)及手機攝像模組(HCM)的市場份額持續提升,同時在車載鏡頭(VLS)和激光雷達(LiDAR)領域保持領先地位。管理層認為,憑藉公司在相關領域的領先地位,將長期受益於XR、物聯網及機器人業務的發展。
中銀國際將舜宇2025年及2026年每股盈利預測分別上調7%及1%,以反映智能手機和電動車產品組合的改善。維持「買入」評級,基於24倍2026年預測市盈率(相當於1倍市盈增長率),將12個月目標價從90元上調至100元。
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