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《大行》招銀國際升百度(BIDU.US)目標價至132美元 維持「買入」評級
阿思達克 08-22 11:48
招銀國際發表研究報告指,百度(BIDU.US)(09888.HK)受惠於業務轉型,第二季業績優於預期。當中,百度核心業務收入按年跌2%至為263億元人民幣,較市場預測高出1.6%;百度核心非GAAP經營溢利按年降37%,但超出預測12%。 該行指出,雖然百度的廣告收入增長復甦可能比預期慢,但Apollo Go和百度雲等正在推進,料將成為公司收入和盈利增長的長期驅動因素,而公司加強股東回報亦可為支撐估值。考慮到回購股份影響,將目標價由130.3美元輕微上調至132美元,當前估值不高,Robotaxi有機會成為股價催化劑,維持「買入」評級。
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