【天风证券:小鹏汽车-W披露自研世界模型进展 维持“买入”评级】天风证券发布研报称,作为具备全栈自研体系的主机厂,小鹏汽车-W后续自研芯片、机器人、智驾、底座世界模型的节奏更为清晰。本次X9全球首发标配纯视觉版本、后排零重力座椅,在35.98万起步价下该行预计销量有望超越上一代水平, 同时小鹏G7和下半年增程车型上新周期或即将到来,重点关注全年产品力强劲同时定位和定价均有望持续超预期的小鹏。预计公司 2025/2026/2027年分别实现营收935.9/1402.2/1695.8亿元。维持“买入” 评级。

金融界
21 Apr
天风证券发布研报称,作为具备全栈自研体系的主机厂,小鹏汽车-W后续自研芯片、机器人、智驾、底座世界模型的节奏更为清晰。本次X9全球首发标配纯视觉版本、后排零重力座椅,在35.98万起步价下该行预计销量有望超越上一代水平, 同时小鹏G7和下半年增程车型上新周期或即将到来,重点关注全年产品力强劲同时定位和定价均有望持续超预期的小鹏。预计公司 2025/2026/2027年分别实现营收935.9/1402.2/1695.8亿元。维持“买入” 评级。

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