中金发表研报指，普拉达首季收入14.28亿欧元，有机同比增长3%，符合市场预期。该行认为，在行业整体下滑背景下，集团的温和增长，反映其全球市场份额持续提升。该行预计集团收入增长将在今年底前逐步加速，主要因基数较低、精致品味风格流行，以及Miu Miu门店净增长与Prada精选旗舰店开业。不过，上述积极因素可能部分被Versace品牌过渡期内的可控下滑所抵消。考虑到中东冲突影响，该行将普拉达2026年及2027年收入预测分别下调2%至64.5亿欧元及67.64亿欧元，净利润预测亦分别下调2%至8.17亿欧元及8.98亿欧元。由于每股盈利预测及行业估值下调，该行将目标价下调13.3%至65港元，维持“跑赢行业”评级。
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