Erste Group看好博通(AVGO.US)AI潜力并上调评级至“买入”,赛富时则遭降至“持有”

智通财经
Jun 05, 2025

智通财经APP获悉,欧洲投资公司Erste Group周四发布评级调整公告,将芯片巨头博通(AVGO.US)的评级从"持有"上调至"买入",同时将云计算龙头赛富时(CRM.US)的评级从"买入"下调至"持有",引发市场广泛关注。

在最新研报中,Erste分析师Hans Engel着重看好博通在AI基础设施领域的竞争优势:"博通构建了极具吸引力的网络应用产品矩阵,尤其在虚拟化软件领域展现出强劲增长动能。其营业利润率与ROE持续领跑行业,随着全球企业加速布局AI数据中心硬件及互联解决方案,该公司人工智能半导体需求有望保持高位运行。"

据数据显示,博通将于美东时间周四盘后发布2025财年一季度财报,华尔街分析师平均预期其当季每股收益将达1.57美元,营收规模约149.7亿美元。

对于赛富时的评级调整,Erste分析师Stephan Lingnau在报告中指出:"尽管公司在客户管理、营销自动化及数据分析领域保持领先地位,但本财年营收及净利润增速预计将出现同比回落。"

他特别提到,赛富时当前销售增速已落后于主要竞争对手,而其估值水平仍低于软件行业平均水平,这成为此次调整评级的核心考量因素。

随着全球企业逐步加大AI资本支出,半导体产业链持续受益,而传统SaaS企业则面临增长放缓压力。投资者需密切关注博通AI业务进展及赛富时客户留存率变化,以把握云计算与芯片赛道分化带来的投资机遇。

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