里昂发表报告指,小鹏(09868.HK) 2025年录得净亏损11亿元人民币,较2024年大幅改善,并符合市场预期。对于2026年,里昂预计由于加大AI投资以提升智能驾驶、机器人及robotaxi的长期增长潜力,公司仍将录得亏损。然而,收入端增长应受非汽车业务推动,包括大众合作、汽车零部件及碳积分销售,这些将提振整体营收。因此,该行上调小鹏2026及2027年收入预测3%和5%,以反映非汽车业务的...
Source Link里昂发表报告指,小鹏(09868.HK) 2025年录得净亏损11亿元人民币,较2024年大幅改善,并符合市场预期。对于2026年,里昂预计由于加大AI投资以提升智能驾驶、机器人及robotaxi的长期增长潜力,公司仍将录得亏损。然而,收入端增长应受非汽车业务推动,包括大众合作、汽车零部件及碳积分销售,这些将提振整体营收。因此,该行上调小鹏2026及2027年收入预测3%和5%,以反映非汽车业务的...
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