【大和：重申快手“买入”评级 因AI投资增加下调目标价12.5%】金十数据3月26日讯，大和发研报指，快手(01024.HK)2024年第4季业绩大致符合预期，尽管该行对集团旗下可灵AI在未来的变现进展保持乐观，但认为2025年商品交易总额(GMV)或放缓仍是投资者关心的重点。由于快手可能会在激烈竞争中向商户提供更多津贴，因此，该行将其2025年GMV增长率同比下调至12%。大和下调快手2025-2026年每股盈利13-17%，以反映人工智能开发投资及市场推广费用的增加。同时重申“买入”评级，但又因人工智能投资增加，下调目标价12.5%，由80港元降至70港元。可灵AI方面，截至2月，可灵AI累计收入达1亿元人民币，大和预计其变现进度将于2025年进一步扩大，并预测可灵AI在2025年将带来4-5亿人民币的额外收入。
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.