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研報掘金|中金:下調小鵬汽車目標價至38港元 維持“跑贏行業”評級
中金髮表報吿,小鵬汽車第二季非公認會計准則(Non-GAAP)虧損12.2億元,但認為公司毛利率及盈利能力持續改善,有效的開支控制帶動業績超出市場預期。報吿認為,小鵬將迎來全新產品週期,相信規模效應及技術降低成本將能加速體現。中金維持小鵬“跑贏行業”評級,維持今明兩年盈利預測,但考慮到板塊估值回調,下調其目標價19%至38港元。
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