瑞银预计美光财报超预期 DRAM供给不足至少延续至2028Q2

智通财经
Sep 28
【瑞银预计美光财报超预期 DRAM供给不足至少延续至2028Q2】瑞银预计,受存储芯片涨价的主要推动,美光8月所在财季业绩以及11月财季业绩指引将超出市场预期。瑞银维持1625美元目标价,该目标基于全周期盈利测算,尽管模型中假设存储行业后期会迎来一轮下行周期。 瑞银预测,美光2026财年第四季度营收524亿美元,非GAAP每股收益32.50美元,高于公司指引与市场一致预期。 报告预计,至少到2028年第二季度,DRAM都将处于供给不足状态,需求增速超过供给。 瑞银预计,美光将从2027财年第二季度开始实施股票回购,初期规模约每季度200亿美元;至2027财年末,季度回购规模将接近500亿美元。

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