<p>Stifel Financial (SF) 继续吸引投资者的关注，因为其股票价格持续上涨，过去一个月上涨约 7%，年初至今上涨 15%。稳定的增长促使我们更深入地了解推动这一表现的因素，以及 Stifel 的业务线如何为其业绩做出贡献。</p>
<p>请查看我们对 Stifel Financial 的最新分析。</p>
<p>Stifel Financial 的股价今年稳步攀升，反映出对其多元化和持续盈利势头的日益乐观。年初至今股价回报率为 15%，三年总股东回报率高达 109%，随着公司在短期和长期增长潜力上的表现，投资者情绪似乎正在增强。</p>
<p>如果你想关注其他正在积累势头的公司，现在是发现高内部持股的快速增长股票的绝佳时机。</p>
<p>随着 Stifel 的股票创下新高，投资者可能会想知道当前价格是否反映了被低估的机会，或者市场是否已经考虑了未来的增长。这可能会使进一步上涨的空间变得有限。</p>
<h2>最受欢迎的叙述：7.1% 被低估</h2>
<p>当前的叙述将 Stifel Financial 的公允价值定为 131.38 美元，仍高于最后的收盘价 122 美元。这一差距使投资者权衡分析师对未来表现的乐观预期背后的驱动因素。</p>
<blockquote>
<p><em>该公司的金融顾问和机构银行业务的强大管道，特别是在技术、工业服务等行业，以及对银行并购日益增长的需求，表明在市场条件稳定的情况下，投资银行收入有可能增加。Stifel 的战略灵活性使其能够优先考虑股票回购而非贷款增长，反映出在当前市场条件和被低估的股价下，提升每股收益 (EPS) 和投资回报的机会。</em></p>
</blockquote>
<p>阅读完整叙述。</p>
<p>想知道为什么分析师如此看好吗？原因在于激进的股票回购和利润率的重大变化，这可能会影响未来的收益。哪个财务杠杆可能成为下一个催化剂？解锁完整叙述，看看哪些假设在这项估值分析中发挥了关键作用。</p>
<p><strong>结果：公允价值为 131.38 美元（被低估）</strong></p>
<p>完整阅读叙述，了解预测背后的原因。</p>
<p>然而，持续的法律费用和市场波动可能会迅速改变情绪。这些因素可能成为挑战 Stifel 估值当前乐观情绪的催化剂。</p>
<p>了解 Stifel Financial 叙述的关键风险。</p>
<h2>另一种观点：折现现金流对价值的不同解读</h2>
<p>虽然分析师共识认为 Stifel 被低估，但我们的 SWS DCF 模型提供了更为保守的视角。根据 DCF 方法，股票实际上可能交易在公允价值之上。这对潜在买家提出了真正的安全边际问题。哪个视角最能捕捉潜在现实？</p>
<p>了解 SWS DCF 模型如何得出其公允价值。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ea82a3b4-2ae2-4f67-847e-00ae4778b1b4/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ea82a3b4-2ae2-4f67-847e-00ae4778b1b4/chart/dcf"/></p>
<p>截至 2025 年 12 月的 SF 折现现金流</p>
<p>Simply Wall St 每天对全球每只股票进行折现现金流 (DCF) 分析（例如查看 Stifel Financial）。我们展示了完整的计算过程。你可以在你的观察列表或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现 916 只基于现金流的被低估股票。如果你保存了筛选器，我们甚至会在新公司匹配时提醒你——这样你就不会错过潜在机会。</p>
<h2>构建你自己的 Stifel Financial 叙述</h2>
<p>如果你对这些发现有不同看法，或者想自己分析数据，只需几分钟即可以自己的方式构建自己的观点。按照你的方式进行。</p>
<p>一个好的起点是我们的分析，强调投资者对 Stifel Financial 的 2 个关键回报的乐观预期。</p>
<h2>寻找更多投资想法？</h2>
<p>拓宽你的视野，通过查看我们社区正在跟踪的其他精选股票组，让自己走在前面。不要让有价值的机会从你身边溜走。</p>
<ul>
<li>当你查看这些 15 只收益率 &gt; 3% 的股息股票时，解锁稳定的收入流和稳健的增长，这些收益在当今市场中脱颖而出。</li>
<li>通过探索这些 25 只正在利用人工智能进步转型行业的 AI 小型股，站在创新的最前沿。</li>
<li>通过审查这些 916 只基于现金流的被低估股票，在其他人发现这些隐藏的宝石之前，抓住被忽视的价值和强劲的现金流。</li>
</ul>
<p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也不考虑你的目标或财务状况。我们的目标是为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>

<p>Stifel Financial 的股票今年迄今已上涨 15%，这得益于对其多元化和盈利势头的乐观预期。分析师认为该股票被低估，合理价值为 131.38 美元，而当前价格为 122 美元。然而，DCF 模型显示其可能被高估。股票回购和利润率变化等因素正在影响未来的盈利。法律费用和市场波动可能会影响市场情绪。投资者被鼓励探索其他高内部持股和被低估的投资机会</p>

<p>Stifel Financial (SF) continues to draw investor attention as its stock trends higher, with shares up roughly 7% over the past month and 15% year-to-date. The steady gains invite a closer look at what is driving this performance and how Stifel’s business lines contribute to its results.</p>
<div class="lb-trans"><p>Stifel Financial (SF) 继续吸引投资者的关注，因为其股票价格持续上涨，过去一个月上涨约 7%，年初至今上涨 15%。稳定的增长促使我们更深入地了解推动这一表现的因素，以及 Stifel 的业务线如何为其业绩做出贡献。</p>
</div><p>See our latest analysis for Stifel Financial.</p>
<div class="lb-trans"><p>请查看我们对 Stifel Financial 的最新分析。</p>
</div><p>Stifel Financial’s share price has climbed steadily this year, reflecting growing optimism about its diversification and continued earnings momentum. With a 15% year-to-date share price return and a robust 109% total shareholder return over three years, investor sentiment appears to be building as the company delivers on both short- and long-term growth potential.</p>
<div class="lb-trans"><p>Stifel Financial 的股价今年稳步攀升，反映出对其多元化和持续盈利势头的日益乐观。年初至今股价回报率为 15%，三年总股东回报率高达 109%，随着公司在短期和长期增长潜力上的表现，投资者情绪似乎正在增强。</p>
</div><p>If you want to keep an eye on other companies building momentum, this is a perfect moment to discover fast growing stocks with high insider ownership</p>
<div class="lb-trans"><p>如果你想关注其他正在积累势头的公司，现在是发现高内部持股的快速增长股票的绝佳时机。</p>
</div><p>With Stifel’s stock reaching new highs, investors may wonder if the current price reflects an undervalued opportunity or if the market has already factored in future growth. This could leave little room for further upside.</p>
<div class="lb-trans"><p>随着 Stifel 的股票创下新高，投资者可能会想知道当前价格是否反映了被低估的机会，或者市场是否已经考虑了未来的增长。这可能会使进一步上涨的空间变得有限。</p>
</div><h2>Most Popular Narrative: 7.1% Undervalued</h2>
<div class="lb-trans"><h2>最受欢迎的叙述：7.1% 被低估</h2>
</div><p>The current narrative puts Stifel Financial’s fair value at $131.38, which remains ahead of the last close price of $122. This gap has investors weighing the drivers behind analyst optimism for future performance.</p>
<div class="lb-trans"><p>当前的叙述将 Stifel Financial 的公允价值定为 131.38 美元，仍高于最后的收盘价 122 美元。这一差距使投资者权衡分析师对未来表现的乐观预期背后的驱动因素。</p>
</div><blockquote>
<p><em>The firm’s strong pipelines in financial advisory and institutional banking, particularly in sectors like technology, industrial services, and a growing appetite for bank M&amp;A, suggest potential for increased investment banking revenue as market conditions stabilize. Stifel's strategic flexibility to prioritize share repurchases over loan growth reflects an opportunity to enhance earnings per share (EPS) and returns on investment, given current market conditions and undervalued stock prices.</em></p>
</blockquote>
<div class="lb-trans"><blockquote>
<p><em>该公司的金融顾问和机构银行业务的强大管道，特别是在技术、工业服务等行业，以及对银行并购日益增长的需求，表明在市场条件稳定的情况下，投资银行收入有可能增加。Stifel 的战略灵活性使其能够优先考虑股票回购而非贷款增长，反映出在当前市场条件和被低估的股价下，提升每股收益 (EPS) 和投资回报的机会。</em></p>
</blockquote>
</div><p>Read the complete narrative.</p>
<div class="lb-trans"><p>阅读完整叙述。</p>
</div><p>Want to know why analysts are this bullish? The reason lies in a blend of aggressive share buybacks and major shifts in profit margins that could influence future earnings. Which financial lever could act as the next catalyst? Unlock the full narrative to see which assumptions play a key role in this valuation analysis.</p>
<div class="lb-trans"><p>想知道为什么分析师如此看好吗？原因在于激进的股票回购和利润率的重大变化，这可能会影响未来的收益。哪个财务杠杆可能成为下一个催化剂？解锁完整叙述，看看哪些假设在这项估值分析中发挥了关键作用。</p>
</div><p><strong>Result: Fair Value of $131.38 (UNDERVALUED)</strong></p>
<div class="lb-trans"><p><strong>结果：公允价值为 131.38 美元（被低估）</strong></p>
</div><p>Have a read of the narrative in full and understand what's behind the forecasts.</p>
<div class="lb-trans"><p>完整阅读叙述，了解预测背后的原因。</p>
</div><p>However, ongoing legal expenses and market volatility could quickly shift sentiment. These factors can act as catalysts that challenge the current optimism around Stifel’s valuation.</p>
<div class="lb-trans"><p>然而，持续的法律费用和市场波动可能会迅速改变情绪。这些因素可能成为挑战 Stifel 估值当前乐观情绪的催化剂。</p>
</div><p>Find out about the key risks to this Stifel Financial narrative.</p>
<div class="lb-trans"><p>了解 Stifel Financial 叙述的关键风险。</p>
</div><h2>Another View: Discounted Cash Flow Puts a Different Spin on Value</h2>
<div class="lb-trans"><h2>另一种观点：折现现金流对价值的不同解读</h2>
</div><p>While analyst consensus points to Stifel being undervalued, our SWS DCF model offers a more conservative perspective. According to the DCF approach, shares may actually be trading above fair value. This raises real questions about the margin of safety for would-be buyers. Which lens best captures the underlying reality?</p>
<div class="lb-trans"><p>虽然分析师共识认为 Stifel 被低估，但我们的 SWS DCF 模型提供了更为保守的视角。根据 DCF 方法，股票实际上可能交易在公允价值之上。这对潜在买家提出了真正的安全边际问题。哪个视角最能捕捉潜在现实？</p>
</div><p>Look into how the SWS DCF model arrives at its fair value.</p>
<div class="lb-trans"><p>了解 SWS DCF 模型如何得出其公允价值。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/ea82a3b4-2ae2-4f67-847e-00ae4778b1b4/chart/dcf" alt="" original-src="https://images.simplywall.st/company/ea82a3b4-2ae2-4f67-847e-00ae4778b1b4/chart/dcf"/></p>
<p>SF Discounted Cash Flow as at Dec 2025</p>
<div class="lb-trans"><p>截至 2025 年 12 月的 SF 折现现金流</p>
</div><p>Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Stifel Financial for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 916 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.</p>
<div class="lb-trans"><p>Simply Wall St 每天对全球每只股票进行折现现金流 (DCF) 分析（例如查看 Stifel Financial）。我们展示了完整的计算过程。你可以在你的观察列表或投资组合中跟踪结果，并在变化时收到提醒，或者使用我们的股票筛选器发现 916 只基于现金流的被低估股票。如果你保存了筛选器，我们甚至会在新公司匹配时提醒你——这样你就不会错过潜在机会。</p>
</div><h2>Build Your Own Stifel Financial Narrative</h2>
<div class="lb-trans"><h2>构建你自己的 Stifel Financial 叙述</h2>
</div><p>If you see these findings differently, or want to analyze the numbers yourself, it takes just a few minutes to build your own perspective, your way. Do it your way</p>
<div class="lb-trans"><p>如果你对这些发现有不同看法，或者想自己分析数据，只需几分钟即可以自己的方式构建自己的观点。按照你的方式进行。</p>
</div><p>A good starting point is our analysis highlighting 2 key rewards investors are optimistic about regarding Stifel Financial.</p>
<div class="lb-trans"><p>一个好的起点是我们的分析，强调投资者对 Stifel Financial 的 2 个关键回报的乐观预期。</p>
</div><h2>Looking for More Investment Ideas?</h2>
<div class="lb-trans"><h2>寻找更多投资想法？</h2>
</div><p>Expand your horizons and put yourself one step ahead by checking out other handpicked stock groups our community is tracking. Don’t let valuable opportunities pass you by.</p>
<div class="lb-trans"><p>拓宽你的视野，通过查看我们社区正在跟踪的其他精选股票组，让自己走在前面。不要让有价值的机会从你身边溜走。</p>
</div><ul>
<li>Unlock stable income streams and steady growth when you check out these 15 dividend stocks with yields &gt; 3% offering yields that stand out in today’s market.</li>
<li>Position yourself at the forefront of innovation by exploring these 25 AI penny stocks transforming industries with artificial intelligence advances.</li>
<li>Capitalize on overlooked value and strong cash flows by reviewing these 916 undervalued stocks based on cash flows before others catch on to these hidden gems.</li>
</ul>
<div class="lb-trans"><ul>
<li>当你查看这些 15 只收益率 &gt; 3% 的股息股票时，解锁稳定的收入流和稳健的增长，这些收益在当今市场中脱颖而出。</li>
<li>通过探索这些 25 只正在利用人工智能进步转型行业的 AI 小型股，站在创新的最前沿。</li>
<li>通过审查这些 916 只基于现金流的被低估股票，在其他人发现这些隐藏的宝石之前，抓住被忽视的价值和强劲的现金流。</li>
</ul>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>这篇文章由 Simply Wall St 撰写，内容具有一般性。<strong>我们提供基于历史数据和分析师预测的评论，仅使用无偏见的方法，我们的文章并不旨在提供财务建议。</strong> 它不构成购买或出售任何股票的推荐，也不考虑你的目标或财务状况。我们的目标是为你提供以基本数据驱动的长期分析。请注意，我们的分析可能未考虑最新的价格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中没有持仓。</em></p>
</div>

Stifel Financial (SF)：在近期股价上涨和分析师乐观情绪之后探讨其估值