share_log

HSBC Global Research Axes KUAISHOU-W (01024.HK) TP to $200; Rated Buy

HSBC Global Research Axes KUAISHOU-W (01024.HK) TP to $200; Rated Buy

匯豐全球研究將KUAISHOU-W(01024.HK)TP下調至200美元；評級為買入
AAStocks ·  2021/07/25 22:07

KUAISHOU-W (01024.HK)'s loss is predicted to further widen on the increasing marketing and R&D expenses, with its stock price forecast to remain volatile in near-term as its rival "Douyin" continues to outperform the company in terms of the number of DAUs, reported HSBC Global Research.

HSBC Global Research favors KUAISHOU-W's advertising and e-commerce businesses and expects the adjustment on revenue mix to improve the GPM. HSBC kept KUAISHOU-W at Buy with its target price being reduced from $350 to $200 due to the delay in the forecast profit turnaround to 2023 from 2022 caused by the limited room for monetization in near-term and declining live-streaming revenue.

據匯豐全球研究報道，由於不斷增加的營銷和研發費用，快手W(01024.HK)的虧損預計將進一步擴大，其股價預計在短期內仍將波動，因為其競爭對手“抖音”在DAU數量方面的表現繼續優於該公司，匯豐全球研究公司(HSBC Global Research)表示，該公司的虧損預計將進一步擴大，其股價預計在短期內仍將保持波動，因為其競爭對手“抖音”在DAU數量方面繼續領先於該公司。匯豐環球研究看好快手W的廣告和電子商務業務，並預計收入構成的調整將改善GPM。匯豐銀行將KUAISHOU-W維持在Buy，目標價從350美元下調至200美元，原因是由於近期貨幣化空間有限和直播收入下降，預計利潤好轉將從2022年推遲到2023年。

声明：本內容僅用作提供資訊及教育之目的，不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論