英伟达业绩公布在即,高盛警告:若三大催化剂没实现 股价恐不涨反跌

格隆汇
5 hours ago
高盛分析师James Schneider在最新研报中指,考量到GPU供需格局紧张,英伟达本季有望交出亮眼成绩单,业绩指引也存在可观的上调潜力。分析师团队预估,英伟达第二、第三季每股收益将分别较华尔街市场共识高出6%与12%。不过,英伟达股价过去两周已上涨逾12%,部分财报利多可能已提前反映,市场对这份财报的期待门槛也随之升高。 高盛给予英伟达285美元目标价,仍略低于市场平均目标价。目前股价相较其评估的合理价值仍有明显折价,估值具备进一步重估上行空间,但前提是三大催化因素必须实现:首先,超大规模云端服务商的获利指标需要持续改善,以支撑资本支出成长的可持续性;其次,英伟达在客户融资平台上必须维持审慎、可控的资本支出,借此缓解市场对供应商循环融资的疑虑;第三,公司必须持续坚定推动大规模股票回购与股利计划。

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