大行评级｜大和：上调小米目标价至78港元 IoT业务高端化推动长期增长

格隆汇2025-06-24

大和发表研究报告指，小米集团的IoT业务高端化推动其长期增长，集团透过新增家电产品实现物联网产品线多元化，且长期关注物联网高端化及海外扩展，重申小米“买入”评级，12个月目标价从70港元上调至78港元。基于小米集团物联网前景和盈利能力的改善，大和将其2025至2027年每股盈利预测上调1%至13%。大和认为，小米物联网业务作为2025至2027年预计的主要盈利驱动力之一，以及其人车家三管齐下策略...

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