--- title: "《大行》摩通上调对阿里健康收入及经调整盈利预测 目标价上调至 6.5 元" description: "摩根大通上调阿里健康的收入及经调整盈利预测，目标价由 5 元上调至 6.5 元。该行认为，阿里健康股价在 5 月公布 2025 财年业绩后累涨约 27%，主要受益于投资者对处方药在线零售政策更新的正面反应。预计与淘宝快电商的协同效应将推动用户及订单量增长，维持「中性」评级。" type: "news" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/257640578.md" published_at: "2025-09-17T02:30:20.000Z" --- # 《大行》摩通上调对阿里健康收入及经调整盈利预测 目标价上调至 6.5 元 > 摩根大通上调阿里健康的收入及经调整盈利预测，目标价由 5 元上调至 6.5 元。该行认为，阿里健康股价在 5 月公布 2025 财年业绩后累涨约 27%，主要受益于投资者对处方药在线零售政策更新的正面反应。预计与淘宝快电商的协同效应将推动用户及订单量增长，维持「中性」评级。 摩根大通发表报告指，阿里健康 (00241.HK) 股价在 5 月公布 2025 财年业绩後累涨约 27%，超越同业 8 个百分点。该行认为主要因为投资者对最近处方药在线零售销售政策更新的正面反应。监於这基本上是一项指引，与现有政策没有实质差异，认为其影响更多体现在情绪层面。该行相信与淘宝快电商的协同效应仍是 9 月底止现财年上半年重点，具体而言包括用户及订单量增长，潜在投资规模及形式，补贴正常化後用户流失。 该行上调对阿里健康现财年及下财年收入预测各 4%，反映与淘宝快电商在用户流量及整体总交易额协同效应，并上调现财年及下财年经调整每股盈利预测分别 3% 及 4%，反映淘宝对快电商高补贴带来的市场推广节省，部分被业务协作造成的投资抵销。目标价由 5 元上调至 6.5 元，相当於预测现财年市销率 2.5 倍，维持「中性」评级。 ### Related Stocks - [00241.HK - 阿里健康](https://longbridge.com/zh-CN/quote/00241.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Alibaba founder Jack Ma says children should be taught how to use AI, not whether to use it | Jack Ma emphasized the importance of teaching children how to effectively use AI rather than debating its use. Speaking | [Link](https://longbridge.com/zh-CN/news/273939770.md) | | Alibaba Health Information Technology Ltd. held special general meeting | Alibaba Health Information Technology Ltd. held a special general meeting on December 30, 2025, where shareholders appro | [Link](https://longbridge.com/zh-CN/news/271105388.md) | | Tesla Moves Beyond Vehicles in India with AI Hiring Push | Tesla is expanding its operations in India by hiring for two key AI-focused positions: an AI Hardware Engineer and a Sit | [Link](https://longbridge.com/zh-CN/news/276517340.md) | | Upside Gold Reallocates Expanded Financing to Marketing, Exploration and U.S. Listing | Upside Gold Corp has announced an expanded financing plan following a successful $800,000 private placement, increasing | [Link](https://longbridge.com/zh-CN/news/276526729.md) | | Pezeshkian says Iran will not bow to pressure amid US nuclear talks | Feb 21 (Reuters) - Iranian President Masoud Pezeshkian said on Saturday that his country would not bow its head to press | [Link](https://longbridge.com/zh-CN/news/276515418.md) | --- > **免责声明**：本文内容仅供参考，不构成任何投资建议。