【杰富瑞上调中芯国际目标价及评级】金十数据2月13日讯，杰富瑞上调中芯国际(00981.HK)目标价1.3倍，由27港元升至62港元，评级亦升至买入。杰富瑞指，去年第四季中芯国际毛利率表现好过其预期，主要受惠产品组合，加上今年首季毛利率及收入指引均好过其预期，今年资本开支整体持平，应对其有利。对于中美关系紧张，将令中芯国际的先进节点产能扩张，成中国人工智能(AI)游戏中最关键的一环。先进节点的产能提升将带动高于成本的营业额或利润增长。其中中芯国际的新目标价，等同市账率3倍。富瑞上调中芯国际的2026年收入预测2%，纯利上调14%，以反映扩产的能力，将估值方法由DCF(贴现现金流)转为市账率，料中芯国际因对中国有策略性重要性，将享有溢价。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.