国泰海通：首次覆盖蔚来-SW(09866)给予“增持”评级目标价50.59港元

智通财经02-24

智通财经APP获悉，国泰海通发布研报称，首次覆盖蔚来-SW(09866)给予“增持”评级。公司销量放量叠加高价车型占比提升，25Q4首次实现单季盈利，2026年产品矩阵持续扩展该行预计公司2025/26/27年营业收入870/1306/1614亿元。该行用PS法为公司估值，参考可比公司，给予公司2026年估值0.85倍PS，对应目标价50.59港元(按1港元=0.89人民币汇率换算)。首次覆盖，...

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href=http://www.zhitongcaijing.com/content/detail/1406510.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP获悉，国泰海通发布研报称，首次覆盖蔚来-SW(09866)给予“增持”评级。公司销量放量叠加高价车型占比提升，25Q4首次实现单季盈利，2026年产品矩阵持续扩展该行预计公司2025/26/27年营业收入870/1306/1614亿元。该行用PS法为公司估值，参考可比公司，给予公司2026年估值0.85倍PS，对应目标价50.59港元(按1港元=0.89人民币汇率换算)。首次覆盖，...</p>\n\n<a 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国泰海通：首次覆盖蔚来-SW(09866)给予“增持”评级 目标价50.59港元

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国泰海通：首次覆盖蔚来-SW(09866)给予“增持”评级目标价50.59港元