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《大行》中金:升Alphabet(GOOG.US)目標價至240美元 AI體系性佈局現優勢
阿思達克 09-05 16:10
中金研究報告指出,Alphabet(GOOG.US)是業內少數在AI擁有完整體系性佈局AI龍頭,其佈局橫跨計算硬件TPU、大模型、雲計算、應用等,而這種體系性佈局優勢正在顯現,認爲Google技術積累兼具深度和廣度,疊加當前體系性佈局優勢顯現,長期競爭力持續增強。 中金又指,美國聯邦地區法院對Google搜索壟斷案作出裁決,判決認爲考慮到生成式AI給搜尋引擎市場可能帶來變化,對Google反壟斷的必要性有所改變:此次判決駁回了司法部要求Google剝離Chrome瀏覽器和安卓操作系統的請求,避免了此前市場最悲觀的預期。 中金維持公司今明兩年收入及盈利預測不變,基於AI能力帶來的潛在增量空間以及反壟斷案件最新的積極進展,上調目標價20%至240美元,維持「跑贏行業」評級,分別對應今明兩年23.9倍、23.7倍GAAP市盈率,有4%的上行空間。
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