美光科技(MU)盘前持续走高涨逾4% 高盛上调目标价从600美元升至900美元

金吾财讯
Jun 09

金吾财讯 | 美光科技(MU)盘前延续涨势,最新报990.85美元,涨幅4.38%。消息面上,高盛新近发布研报称,美光受益于强劲的DRAM定价趋势,在业绩公布前投资者的预期已非常高。相信投资者预期美光将维持或扩大其在HBM目前约20%的份额,而传统DRAM定价将带来上行空间。该行将美光2026/2027财年(各年8月底止)的收入/non-GAAP每股盈利预测平均上调28%及36%,以反映更强劲的行业定价趋势和需求上行空间。高盛预期美光5月底止第三财季收入将较市场共识高出约9%,并在定价上行的推动下,指引8月底止末财季实现显著的季度按季收入增长。该行预期上财季收入、毛利率及每股盈利分别376亿美元、83.4%及22.07美元,而市场共识为344亿美元、81.9%及19.74美元。对于8月底止末财季的指引,该行预期收入、毛利率及每股盈利分别488亿美元、86.1%及29.95美元,而市场共识为404亿美元、84%及23.68美元。对于2026财年,该行对美光的收入/每股盈测较市场共识高出30%及36%。高盛同步上调美光目标价,由原先400美元升至900美元,评级“中性”。该行表示,考虑到股价大幅上涨以及市场对长期客户协议潜在带来乐观情绪,投资者持仓仍非常看好。此外,有市场消息称,马斯克近期也加入了唱多美光阵营。

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