【大华继显：上调小鹏汽车目标价至150港元 销售有望受强劲产品周期带动】金十数据3月19日讯，大华继显发表研究报告，指小鹏汽车(09868.HK)去年第四季业绩好过预期，未来销售有望受到强劲的产品周期带动。考虑利润率预测获上调，该行将其今年亏损预测下调20%至15.91亿元，并上调明年的纯利预测70%至10.98亿元，同时引入2027年纯利预测达52.73亿元。该行将公司目标价由110港元上调至150港元，维持“买入”评级。该行指，公司管理层对今年首季的交付量指引为介乎9.1万辆至9.3万辆，收入指引为150亿元至157亿元。该行维持今明两年的交付量预测，分别为40万辆及50万辆，而2027年交付量预测为65万辆，意味三年年均复合增长率为51%。另外，该行上调今明两年的平均售价预测分别2%及4%，至18.6万元及18.1万元，并引入2027年的平均售价预测为17.5万元；另上调今明两年毛利率预测，由原先分别12.3%及12.9%，上调至各13.3%及14.7%。
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.