交银国际发表研究报告指，网易云音乐(09899.HK) 去年下半年收入按年跌2%，略低于预期。其中，会员订阅维持稳健增长（+19%），社交娱乐下降高于预期。经调整净利8.2亿元人民币，优于预期。
交银国际预计，今年网易云音乐的线上音乐收入按年增13%，其中会员订阅收入维持稳健增长。社交娱乐业务将持续受压，预计今年收入按年减少25%，但考虑到集团节约成本费用，利润贡献或基本维持稳定。
该行表示，由于集团的线上音乐业务利润扩张，上调其今年经调整净利润26%至18.2亿元人民币，将目标价由120元上调至184元，维持“买入”评级。(sl/u)(港股报价延迟最少十五分钟。沽空资料截至 2025-02-25 16:25。)
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.